Summary of Key Information:
Reporting Period: Fourth quarter and year ended March 31, 2026
Nature of Filing / Announcement: Submission of Standalone and Consolidated Audited Financial Results pursuant to Regulation 33 of SEBI(LODR) Regulations, 2015
Audit Opinion:
Unmodified opinion from statutory auditors M/s Jagdish Chand & Co, Chartered Accountants for both standalone and consolidated financial results
Key Financial Highlights [₹ in lakhs]:
Consolidated Results:
Quarter Ended March 31, 2026:
- Revenue From Operations: 174.34
- Other Income: 20.31
- Total Income: 194.65
- Total Expenses: 354.41
- Profit/(Loss) before share of profit(loss) of associates, Exceptional items and Tax: (159.76)
- Share of profit/(loss) of associates (net of tax): 1.92
- Exceptional Items Gain: 16,061.46 [Exceptional]
- Profit before Tax: 15,903.62
- Tax Expenses: 1,356.00
- Net Profit for the period: 14,547.62
- EPS Basic: 37.56
- EPS Diluted: 37.56
Year Ended March 31, 2026:
- Revenue From Operations: 684.21
- Other Income: 285.56
- Total Income: 969.77
- Total Expenses: 997.54
- Profit/(Loss) before share of profit(loss) of associates, Exceptional items and Tax: (27.77)
- Share of profit/(loss) of associates (net of tax): 0.66
- Exceptional Items Gain: 16,061.46 [Exceptional]
- Profit before Tax: 16,034.35
- Tax Expenses: 1,356.00
- Net Profit for the period: 14,678.35
- EPS Basic: 37.90
- EPS Diluted: 37.90
Comparative Figures Year Ended March 31, 2025:
- Revenue From Operations: 697.17
- Other Income: 295.57
- Total Income: 992.74
- Net Profit for the period: 79.66
- EPS Basic: 0.21
- EPS Diluted: 0.21
Segment-wise Performance:
The consolidated financial results include the financial results of the following associates:
- India Lease Development Limited (31.35% equity share holding)
- Jayabharat Credit Limited (43.45% equity share holding, associate only until September 18, 2025)
Exceptional Items:
During the year ended March 31, 2026, the Company recognized exceptional gains of ₹16,061.46 lakhs comprising:
- Gain of ₹16,007.16 lakhs from sale of one investment property
- Gain of ₹54.30 lakhs on sale of equity shares of Jayabharat Credit Limited
Corporate Actions:
Not Specified
Other Significant Information:
- Company sold quoted investments in equity shares of Jayabharat Credit Limited on September 18, 2025, ceasing its associate status
- Sale was based on independent valuer's report due to thin trading on stock exchange
- Other Income for FY26 includes ₹42.00 lakhs received as enhancement compensation
- India Lease Development Limited (associate) did not satisfy principal business criteria under RBI Act Section 45-I(f) as financial assets were less than 50% of total assets
Consolidated Assets and Liabilities as at March 31, 2026 [₹ in lakhs]:
- Total Assets: 30,666.42
- Equity Share Capital: 1,936.36
- Other Equity: 20,296.98
- Total Equity: 22,233.34
- Total Non-Current Liabilities: 386.67
- Total Current Liabilities: 8,046.41
Consolidated Cash Flows for Year Ended March 31, 2026 [₹ in lakhs]:
- Net cash flows from operating activities: (4,445.46)
- Net cash flows from investing activities: 20,061.86
- Net cash flows from financing activities: (5.25)
- Net increase in cash and cash equivalents: 15,611.15
- Cash and Cash Equivalents - Opening: 6.45
- Cash and Cash Equivalents - Closing: 15,617.60
Auditor's Report Highlights:
- Emphasis of Matter regarding sale of quoted investments in associate company based on independent valuer's report
- Emphasis of Matter in audit report of India Lease Development Limited regarding not satisfying RBI principal business criteria and sale of investments based on valuer's report
- Audit conducted in accordance with Standards on Auditing
#TheMotor&GeneralFinanceLimited #FinancialResults #ExceptionalGain #PropertySale #UnmodifiedAudit