Key Financial Figures - Q2FY27 (3 Months ended 30.09.2026)

  • Revenue from Operations: ₹162.47 lakhs (Interest Income: ₹160.26 lakhs, Dividend Income: ₹2.21 lakhs)
  • Other Income: (₹83.86) lakhs [Loss from F&O Trading: (₹85.85) lakhs, Gain from Investments: ₹1.99 lakhs]
  • Total Income: ₹78.61 lakhs
  • Total Expenses: ₹181.45 lakhs (Employee Benefits: ₹22.55 lakhs, Provision for Expected Credit Loss: ₹14.11 lakhs, Other Expenses: ₹160.00 lakhs)
  • Loss before Tax: (₹102.84) lakhs
  • Tax Expenses: (₹29.63) lakhs (Current: (₹26.38) lakhs, Deferred: (₹3.25) lakhs)
  • Net Loss for the Quarter: (₹73.21) lakhs
  • Other Comprehensive Income: (₹19.71) lakhs
  • Total Comprehensive Income: (₹92.92) lakhs
  • Earnings Per Share (Basic & Diluted): (₹0.00)

Comparative Performance

  • Preceding Quarter (Q1FY26): Net Profit of ₹112.91 lakhs
  • Corresponding Quarter (Q2FY26): Net Profit of ₹97.89 lakhs
  • Six Months ended 30.09.2026: Net Profit of ₹39.70 lakhs (vs. ₹267.94 lakhs in corresponding period)

Capital Structure Impact

  • Paid-up Equity Share Capital increased to ₹15,698.14 lakhs (from ₹10,703.28 lakhs in previous periods)
  • Face Value per Equity Share: ₹1.00
  • Other Equity: ₹274.25 lakhs (as of 30.09.2026)

Rights Issue Details

The Company raised funds amounting to ₹49.95 crore (approximately ₹4,994.86 lakhs) through issuance of equity shares on a rights basis. The company is advised to ensure all necessary statutory approvals, compliance requirements under Companies Act, 2013, and applicable ROC filings have been duly completed.

Balance Sheet Position (as at 30.09.2026)

  • Total Assets: ₹17,023.18 lakhs (vs. ₹12,178.23 lakhs as at 31.03.2026)
  • Financial Assets: ₹16,800.33 lakhs (Cash & Cash Equivalents: ₹38.16 lakhs, Bank Balances: ₹3,198.48 lakhs, Loans: ₹10,506.23 lakhs, Investments: ₹625.34 lakhs)
  • Total Liabilities: ₹1,050.79 lakhs
  • Total Equity: ₹15,972.39 lakhs

Cash Flow Statement (Six Months ended 30.09.2026)

  • Net Cash from Operating Activities: (₹1,479.43) lakhs
  • Net Cash from Investing Activities: ₹4,666.06 lakhs (primarily from rights issue proceeds of ₹4,994.86 lakhs)
  • Net Increase in Cash & Cash Equivalents: ₹3,186.63 lakhs
  • Closing Cash Balance: ₹3,236.64 lakhs

Auditor's Limited Review Report

M/s Maheshwari & Co. conducted a limited review and issued an unmodified report with emphasis on matters:

Emphasis of Matter Points:

1. Balances in Trade Receivable, Loans and advances, and Other Financial Liabilities are subject to confirmation/reconciliation.

2. Interest income not recognized on outstanding advances of ₹21,00,63,152 (₹2,100.63 lakhs) due to insufficient documentation to crystallize interest rates. Company has recognized expected credit loss allowance of ₹73.52 lakhs against these advances.

3. Interest income not recognized on outstanding loans of ₹2,809.44 lakhs due to insufficient documentation. Management pursuing recovery with necessary ECL provisions.

The auditors have solely relied on management's representations for these treatments and disclosures.

Additional Notes

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 13, 2026 (commenced at 17:15 hrs, concluded at 18:30 hrs).
  • The company operates in a single business segment: "Finance & Investments".
  • Figures for previous quarters/year have been re-stated/re-classified wherever necessary.
  • The statement was prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI circular requirements.