Financial Performance Highlights
- Total Revenue: ₹395.42 lakhs (FY26) vs ₹313.46 lakhs (FY25)
- Net Profit: ₹148.39 lakhs (FY26) vs ₹118.74 lakhs (FY25) - 25% increase
- Profit Before Tax: ₹219.50 lakhs (FY26) vs ₹201.96 lakhs (FY25)
- Net Worth: ₹6006.89 lakhs (FY26) vs ₹5858.50 lakhs (FY25)
- Reserves: ₹4051.57 lakhs as of March 31, 2026
- Current Ratio: 79.38 (FY26) vs 116.87 (FY25) - decreased due to increase in current liability
- Debt-Equity Ratio: 0.09 (FY26) vs 0.11 (FY25)
- Return on Equity: 0.02 (both FY26 and FY25)
Key Financial Ratios
| Particulars | 2025-26 | 2024-25 |
| Current Ratio | 79.38 | 116.87 |
| Debt-Equity Ratio | 0.09 | 0.11 |
| Return on Equity Ratio | 0.02 | 0.02 |
AGM Details
- 43rd Annual General Meeting scheduled for Saturday, September 26, 2026 at 11:00 AM IST
- Meeting to be held through Video Conference/Other Audio Visual Means
- Cut-off date for determining shareholders for E-Voting: September 18, 2026
- Book closure: September 19, 2026 to September 26, 2026
- E-voting period: September 23, 2026 (09:00 AM) to September 25, 2026 (05:00 PM)
Business Operations
- Non-Banking Finance Company (NBFC) registered with RBI
- Product offerings include: Term Loans against Property, Working Capital Loans, Business Expansion Loans, Equipment Purchase Loans
- Loan portfolio: ₹3,376.52 lakhs (net) with ₹650.33 lakhs classified as sub-standard asset (Jawan Mining & Construction Equipment Pvt Ltd, under NCLT liquidation)
- Investments: ₹1,735.87 lakhs including equity shares and property investments
Director Changes and Appointments
- Mr. Pankaj Kumar Mittal (DIN: 05190278) retires by rotation and offers himself for re-appointment
- Mr. Anil Sharma (DIN: 00033372) recommended for re-appointment as Independent Director for second term of 5 years
- Ms. Deepanti Verma resigned as Company Secretary effective July 31, 2026
- Mr. Suryansh Nigam appointed as Company Secretary & Compliance Officer effective August 1, 2026
- Ms. Garima Priyani appointed as Additional Independent Director on April 15, 2025, resigned on July 13, 2025
- Ms. Kiran Priyani appointed as Non-Executive Independent Director effective August 11, 2025
- Ms. Archana Singh ceased to be director upon completion of her second term on September 27, 2025
Board Composition
The Board comprises 6 Directors:
- 3 Non-Executive Independent Directors
- 2 Non-Executive Non-Independent Directors
- 1 Executive Promoter Director
Borrowings and Liabilities
- Secured loan from Aditya Birla Finance Limited: ₹513.21 lakhs outstanding (sanctioned facility ₹665 lakhs)
- Loan secured by mortgage/hypothecation of company assets
- Borrowing within limits approved under Section 180(1)(c) of Companies Act, 2013
Share Capital
- Authorized Share Capital: ₹2,000 lakhs (2,00,00,000 shares of ₹10 each)
- Issued, Subscribed and Paid-up Capital: ₹1,955.32 lakhs (1,95,53,200 equity shares of ₹10 each)
- No equity shares issued during FY 2025-26
- 99.52% of paid-up equity share capital dematerialized as of March 31, 2026
Dividend
- No dividend recommended for FY 2025-26
- Entire profit being ploughed back into the business
Risk Management
- Company exposed to credit risk, interest rate risk, liquidity risk, market risk, operational risk
- Robust risk management framework implemented
- Risk Management Committee constituted as per RBI Master Directions
- Two loan accounts totaling ₹650.33 lakhs overdue for more than 90 days
Related Party Transactions
- No materially significant related party transactions
- Director remuneration: Mr. Arvind Kumar Mittal drawing salary of ₹1,00,000 per month
- Rent paid to Mrs. Deepa Mittal (wife of Managing Director): ₹1.20 lakhs
Corporate Governance
- All mandatory corporate governance requirements complied with
- Board met 11 times during FY 2025-26
- Separate meetings of independent directors held
- Familiarization program for independent directors implemented
Other Disclosures
- No deposits accepted from public/shareholders
- No subsidiary, joint venture or associate companies
- No corporate social responsibility initiatives (Section 135 not applicable)
- No sexual harassment complaints received during the year
- No material changes affecting financial position between year-end and report date
Investor Relations
- Registrar & Share Transfer Agent: Skyline Financial Services Private Limited
- 1 investor complaint received through SEBI SCORES system, resolved within prescribed timelines
- 99.52% of shares in dematerialized form
Future Outlook
- Plans to implement data analytics in loan disbursement and recovery processes
- Focus on maintaining leadership position and borrower loyalty
- Expected growth in NBFC sector with improved liquidity position
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