Event Details

35th Annual General Meeting: Scheduled for Thursday, September 24, 2026 at 12:00 PM IST through Video Conferencing/Other Audio Visual Means.

Record Date: The Register of Members shall remain closed from Friday, September 18, 2026 to Thursday, September 24, 2026 (both days inclusive).

Cut-off Date for E-voting: Thursday, September 17, 2026

Remote E-voting Period: Monday, September 21, 2026 at 09:00 AM to Wednesday, September 23, 2026 at 05:00 PM

Business to be Transacted

Ordinary Business:

1. Adoption of Financial Statements: Consideration and adoption of Audited Financial Statements for FY 2025-26 and Reports of Board of Directors and Auditors

2. Director Appointment: Re-appointment of Mr. Dilipkumar Nalinkant Gandhi (DIN: 00339595) who retires by rotation

Financial Performance Highlights (₹ in Lakhs)

| Particulars | 2025-26 | 2024-25 | 2023-24 | 2022-23 | 2021-22 |

| Revenue | 682.70 | 642.28 | 666.75 | 576.31 | 559.59 |

| EBIDTA | 483.94 | 501.00 | 576.27 | 422.03 | 370.22 |

| PBT | 413.59 | 442.69 | 517.09 | 399.72 | 350.73 |

| PAT | 317.91 | 352.34 | 384.98 | 299.26 | 260.05 |

Detailed Financial Results (₹ in Thousands)

| Particulars | 31/03/2026 | 31/03/2025 |

| Revenue from Operations | 68,270.20 | 64,228.40 |

| Other Income | 8,769.62 | 8,722.06 |

| Total Income | 77,039.83 | 72,950.46 |

| Profit Before Tax | 41,358.66 | 44,268.62 |

| Tax Expenses | 9,567.30 | 9,034.72 |

| Profit for the Year | 31,791.36 | 35,233.90 |

Balance Sheet Position (₹ in Thousands)

| Particulars | 31/03/2026 | 31/03/2025 |

| Total Assets | 496,734.60 | 376,492.97 |

| Loans Portfolio | 435,937.55 | 297,214.07 |

| Borrowings | 102,927.45 | 11,272.75 |

| Net Worth | 382,358.90 | 350,567.54 |

| Paid-up Equity Capital | 65,581.80 | 65,581.80 |

Key Ratios

| Ratio | 2025-26 | 2024-25 | 2023-24 |

| Debt-Equity Ratio | 0.30 | 0.07 | 0.18 |

| Net Worth (₹ Lakhs) | 3,823.59 | 3,505.68 | 3,153.33 |

Dividend and Reserves

  • Dividend: No dividend recommended for FY 2025-26
  • Reserves: Entire profit of ₹317.91 lakhs retained in Statement of Profit & Loss
  • Statutory Reserve: Transfer of ₹63.58 lakhs to Statutory Reserve u/s 45 IC of RBI Act
  • General Reserve: Transfer of ₹75.00 lakhs to General Reserve

Director Changes and Appointments

  • Cessation: Mr. Samirkumar Kantilal Shah (DIN: 07215030) completed his second term as Independent Director and ceased w.e.f. September 13, 2025
  • Appointment: Mr. Samsad Alam Khan appointed as Independent Director for 5 years w.e.f. March 12, 2025 through postal ballot
  • Re-designation: Mr. Dilipkumar Nalinkant Gandhi re-designated as Chairman and Whole-Time Director w.e.f. August 1, 2025
  • Re-designation: Mr. Harsh D. Gandhi re-designated as Managing Director w.e.f. August 1, 2025

Board Composition

As on March 31, 2026, the Board consists of:

  • Executive Directors: Mr. Dilipkumar N. Gandhi (Chairman), Mr. Harsh D. Gandhi (MD), Mrs. Pallaviben D. Gandhi (Wholetime Director)
  • Independent Directors: Mr. Ashwinbhai M. Prajapati, Mr. Hirenkumar S. Soni, Mr. Samsad Alam Khan

Board Meetings and Attendance

  • Board Meetings: 5 meetings held during FY 2025-26
  • Attendance: All directors attended all meetings
  • Committee Meetings: 4 Audit Committee, 1 Nomination and Remuneration Committee, 4 Stakeholders Relationship Committee meetings

Key Managerial Personnel

  • Mr. Harsh Dilipkumar Gandhi - Managing Director
  • Mr. Dilipkumar Nalinkant Gandhi - Whole Time Director
  • Mrs. Pallaviben Dilipkumar Gandhi - Whole Time Director
  • Mr. Nikulkumar Kantibhai Patel - Chief Financial Officer
  • Mrs. Swati Ajay Shah - Company Secretary

Remuneration Details (₹ in Thousands)

| Director | FY 2025-26 |

| Mr. Dilipkumar N. Gandhi | 2,460.00 |

| Mrs. Pallaviben D. Gandhi | 2,100.00 |

| Mr. Harsh D. Gandhi | 1,980.00 |

| Independent Directors | Sitting fees only |

Shareholding Pattern (as on March 31, 2026)

  • Promoters' Holding: 74.88% (49,10,335 shares)
  • Public Holding: 25.13% (16,47,845 shares)
  • Total Shares: 65,58,180 equity shares of ₹10 each
  • Dematerialized Shares: 97.85% of total shares

Loan Portfolio Composition (₹ in Thousands)

| Loan Type | 31/03/2026 | 31/03/2025 |

| Gold Loan | 290,801.60 | 194,586.33 |

| Vehicle Loan | 145,906.77 | 102,673.95 |

| Business & Other Loan | 3,236.95 | 2,369.26 |

| Total Gross Loans | 439,945.31 | 299,629.54 |

| Less: Impairment | 4,007.76 | 2,415.48 |

| Total Net Loans | 435,937.55 | 297,214.07 |

Asset Quality

  • Gross NPA: ₹80.42 lakhs (1.83% of gross loans)
  • Net NPA: ₹76.40 lakhs (1.75% of net loans)
  • ECL Provision: ₹40.08 lakhs (0.91% coverage)

Borrowings (₹ in Thousands)

| Type | 31/03/2026 | 31/03/2025 |

| Secured Term Loans | 8,132.52 | 3,607.59 |

| Secured OD Facilities | 14,594.93 | 7,665.16 |

| Unsecured Directors' Loans | 80,200.00 | - |

| Total Borrowings | 102,927.45 | 11,272.75 |

Auditor's Opinion

  • Statutory Auditors issued unmodified opinion on financial statements
  • No qualifications, reservations or adverse remarks in audit report
  • Internal financial controls found adequate and operating effectively

Related Party Transactions

  • All related party transactions conducted at arm's length basis
  • Total material related party transactions: ₹304,542
  • Transactions include director remuneration, rent payments, and loans from directors

Corporate Governance

  • Company has adopted Code of Conduct for Board Members and Senior Management
  • Whistle Blower Policy and Sexual Harassment Policy in place
  • No complaints received under Sexual Harassment Policy during FY 2025-26
  • CSR provisions not applicable to the company

Employee Strength

  • Total employees: 16 as on March 31, 2026
  • Median remuneration: ₹271,000 per annum
  • Increase of 18.86% in median remuneration compared to previous year

Other Disclosures

  • Fixed Deposits: No fixed deposits accepted
  • IEPF: Unclaimed dividend of ₹77,770 for FY 2020-21 to be transferred to IEPF on October 12, 2028
  • Capital Adequacy: CRAR at 80%, Tier I CRAR at 80%
  • Liquidity Coverage Ratio: 19.61%

E-voting Arrangements

  • E-voting Service Provider: MUFG Intime India Private Limited
  • Scrutinizer: Mr. Amrish N. Gandhi, Practicing Company Secretary
  • Voting Methods: Remote e-voting and e-voting during AGM through InstaMeet platform

Registered Office and Contact Information

RTA: MUFG Intime India Private Limited, Ahmedabad

#Tags: #NalinLeaseFinance #AGM2026 #FY2026Results #NBFC #SEBIDisclosure #RegulatoryCompliance #FinancialResults