Key Financial Results

Quarter Ended March 31, 2026 (Unaudited):

  • Revenue from Operations: ₹502.51 lakhs (Interest Income: ₹453.51 lakhs; Documentation Fees: ₹49.00 lakhs)
  • Other Income: ₹3.35 lakhs
  • Total Revenue: ₹505.86 lakhs
  • Total Expenses: ₹387.22 lakhs (Finance costs: ₹298.06 lakhs; Employee benefits: ₹25.65 lakhs; Depreciation: ₹7.89 lakhs; Other expenses: ₹55.28 lakhs)
  • Profit Before Tax: ₹118.65 lakhs
  • Tax Expense: ₹23.70 lakhs (Current Tax: ₹26.00 lakhs; Deferred Tax: -₹2.31 lakhs)
  • Net Profit: ₹94.94 lakhs
  • Earnings Per Share (Basic & Diluted): ₹1.37

Financial Year Ended March 31, 2026 (Audited):

  • Revenue from Operations: ₹1,819.18 lakhs (Interest Income: ₹1,731.58 lakhs; Documentation Fees: ₹87.60 lakhs)
  • Other Income: ₹6.37 lakhs
  • Total Revenue: ₹1,825.55 lakhs
  • Total Expenses: ₹1,376.62 lakhs (Finance costs: ₹1,102.88 lakhs; Employee benefits: ₹92.53 lakhs; Depreciation: ₹29.54 lakhs; Other expenses: ₹151.00 lakhs)
  • Profit Before Tax: ₹448.93 lakhs
  • Tax Expense: ₹111.65 lakhs (Current Tax: ₹116.73 lakhs; Deferred Tax: -₹3.62 lakhs; Earlier Years: -₹1.45 lakhs)
  • Net Profit: ₹337.28 lakhs (vs. ₹306.62 lakhs in FY25)
  • Earnings Per Share (Basic & Diluted): ₹4.85 (vs. ₹4.41 in FY25)
  • Paid-up Equity Share Capital: ₹695.28 lakhs

Dividend Declaration

The Board declared a Fourth Interim Dividend of ₹0.15 (1.5%) per equity share of face value ₹10 each for Q4 FY26, subject to TDS deduction. The Record Date was set as June 5, 2026. The total dividend for FY 2025-26 amounts to ₹0.60 (6%) per equity share. Payment will be made within 30 days from declaration.

Management Appointments

1. Re-appointment of Managing Director: Mrs. Rachana Singi (DIN: 00166508) was re-appointed as Managing Director for five years effective August 1, 2026, subject to shareholder approval. She is a Chartered Accountant with expertise in strategy and fundraising, and sister of Mrs. Deepika Nath (Non-Executive Director).

2. Appointment of Auditors:

  • Secretarial Auditor: M/s. AVS & Associates, Practicing Company Secretaries (Firm Registration No.: P2016MH54900) appointed for FY 2026-27.
  • Internal Auditor: M/s. Chandani Rathod & Co., Chartered Accountants (Firm Registration No.: 158608W) re-appointed for FY 2026-27.

Operational Highlights

  • Loan Portfolio: Total loan book as of March 31, 2026: ₹116.54 crore (₹116,53,53,555)
  • Debenture Issuances in Q4:
  • 260 Secured 12% Non-Convertible Debentures at ₹50,000 per debenture: ₹1.30 crore
  • Total Outstanding Secured NCDs: ₹4.93 crore
  • 2050 Unsecured Non-Convertible Debentures at ₹100,000 per debenture: ₹20.50 crore
  • Total Outstanding Unsecured NCDs: ₹97.40 crore
  • Co-Lending Arrangements (CLAs): Loans originated and disbursed under CLAs in Q4 amounted to ₹2.00 crore and ₹73.11 lakh respectively, with outstanding portfolio of ₹73.11 lakh. Weighted average interest rate: 18.50%. Company's share in CLA is 20%.
  • Property Investments: Invested ₹12 lakhs in one under-construction property during FY26. Total property investments: 6 properties worth ₹97.96 lakhs (only 2 registered in company name). Capital commitments pending: ₹4.32 lakhs.

Financial Position (As of March 31, 2026)

  • Total Assets: ₹12,620.94 lakhs (vs. ₹10,750.98 lakhs as of March 31, 2025)
  • Financial Assets: ₹12,202.62 lakhs (Cash: ₹433.78 lakhs; Receivables: ₹11,646.48 lakhs)
  • Non-Financial Assets: ₹418.32 lakhs
  • Financial Liabilities: ₹10,374.02 lakhs
  • Equity: ₹2,114.59 lakhs

Audit Opinion

Statutory Auditors R. C. Reshamwala & Co. (FRN: 108832W) issued an unmodified opinion on the audited financial results for FY26.