QGO Finance Limited FY26 Financial Performance and Operational Update

Reporting Period: Financial Year 2025-26

Document Dates: May 26, 2026 (Financial Statements) and August 18, 2026 (Annual Report & AGM Notice)

Financial Performance Highlights

QGO Finance reported strong financial results for FY26 with net profit increasing 10% to ₹3.37 Cr (₹337.28 lakh) from ₹3.07 Cr (₹306.62 lakh) in FY25. Total revenue grew 11.15% to ₹18.26 Cr, comprising interest income of ₹17.32 Cr and fees/commission income of ₹87.60 lakh (nearly doubled from ₹44.30 lakh). The company maintained impressive operational metrics with net interest margin of 5.84% and return on equity of 17.18%.

Balance Sheet and Asset Quality

The loan book expanded 16.7% to ₹116.46 Cr while maintaining zero Gross and Net NPAs for the sixth consecutive year. Total assets stood at ₹126.21 Cr with net worth of ₹21.15 Cr (up 16.76%). Capital adequacy ratio (CRAR) remained strong at 18.16%, well above RBI's 15% minimum requirement. Total borrowings decreased significantly to ₹1.11 Cr from ₹2.43 Cr, including ₹85 lakh in loans from directors.

Operational and Business Developments

The company maintained 25+ active borrowers in MSME real estate segment and established a co-lending partnership with Choice Finserv Private Limited. Under co-lending arrangements, ₹200 lakh was originated with ₹73.11 lakh disbursed at weighted average interest rate of 18.50%, with 100% exposure to real estate sector. The company demonstrated strong growth trajectory with 28.5% revenue CAGR and 39.3% PAT CAGR over five years (FY21-FY26).

Corporate Governance and AGM Details

The 33rd Annual General Meeting is scheduled for September 11, 2026, to be conducted virtually. Key agenda items include adoption of financial statements, re-appointment of Mrs. Seema Pathak as Director, and special business for re-appointment of Mrs. Rachana Singi as Managing Director for 5 years from August 1, 2026. Remote e-voting will be available from September 8-10, 2026.

Regulatory Compliance and Disclosures

The RBI-registered NBFC (Classification: NBFC-BL) maintained full compliance with all regulatory requirements. The company reported no material orders from regulators or courts and no customer complaints. Contingent liabilities include income tax demands of ₹155.73 lakh across assessment years 2025-26, 2024-25, and 2022-23.

Capital Structure and Shareholding

Authorized share capital remained at ₹10.00 Cr with issued capital of ₹6.95 Cr. Promoter shareholding showed changes with Rachana Singi's holding decreasing by 7.88% to 52.60%. The company declared four quarterly dividends totaling ₹41.72 lakh for FY26.

Forward Outlook

The company continues to focus on MSME real estate lending while expanding through co-lending partnerships to enhance capacity beyond balance sheet constraints. All forward-looking statements are subject to market risks and regulatory developments.