Financial Results Approval

The Board approved the Un-Audited Financial Results for the second quarter and half year ended September 30, 2026, pursuant to Regulation 33 of SEBI Listing Regulations. The results were reviewed and recommended by the Audit Committee and include a Limited Review Report from the Statutory Auditors, R. C. Reshamwala & Co.

Key Financial Figures (Amount in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹595.87
  • Interest Income: ₹565.87
  • Documentation Fees: ₹30.00
  • Other Income: ₹7.12
  • Total Revenue: ₹602.99
  • Total Expenses: ₹441.08
  • Finance Costs: ₹356.47
  • Impairment on financial instruments (net): ₹0.30
  • Employee benefits expense: ₹32.21
  • Depreciation and amortisation: ₹7.47
  • Other expenses: ₹44.64
  • Profit before tax: ₹161.90
  • Tax Expense: ₹40.98
  • Current Tax: ₹42.10
  • Deferred Tax: ₹1.12
  • Earlier Years: -₹1.45 (adjustment)
  • Net Profit for the quarter: ₹120.92
  • Earnings per share (Basic & Diluted): ₹1.74

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹1,171.89
  • Total Revenue: ₹1,179.66
  • Net Profit: ₹219.93
  • Earnings per share (Basic & Diluted): ₹3.16

Comparative Figures (Quarter YoY):

  • Net Profit increased 44% from ₹84.20 lakh in Q2 FY26 to ₹120.92 lakh in Q2 FY27
  • Revenue increased 42% from ₹445.39 lakh to ₹595.87 lakh

Dividend Declaration

The Board declared a Second Interim Dividend for FY 2026-27 at ₹0.15 (1.5%) per equity share of face value ₹10 each for the quarter ended September 30, 2026, subject to TDS deduction.

Payment Details:

  • Record Date: November 6, 2026
  • Payment within 30 days from declaration date (by November 25, 2026)
  • Total dividend for FY 2026-27 now amounts to ₹0.30 (3.0%) per equity share

Fundraising Approval

The Board approved raising funds through issuance of Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) on private placement basis.

NCD Details:

  • Type: Unsecured, Unlisted, Redeemable Non-Convertible Debentures
  • Issuance: Private placement to eligible investors
  • Size: 200 NCDs of ₹1,00,000 each, aggregating ₹2,00,00,000 (Two Crores)
  • Issuance: In one or more tranches
  • Tenure: 9 years
  • Coupon: 12% p.a. fixed, payable monthly
  • Security: Unsecured
  • Listing: Not proposed to be listed
  • Allotment date: To be determined by Board and notified to Designated Stock Exchange

Management Changes

Resignation: Ms. Urmi Joiser resigned as Company Secretary and Compliance Officer effective close of business hours on October 26, 2026. She will continue as Chief Operating Officer and Key Managerial Personnel. Her resignation reason cited business growth requiring dedicated secretarial function and her need to focus on COO responsibilities.

Appointment: Mrs. Sarita Singh (ICSI Membership No.: A74027) appointed as Company Secretary and Compliance Officer effective October 27, 2026. She has over 3 years of experience in corporate laws, SEBI compliances, NBFC regulations, and corporate governance.

Authorized Persons for Materiality Determination

The Board authorized the following Key Managerial Personnel for determining materiality and making disclosures to BSE:

1. Ms. Urmi Joiser - Chief Operating Officer

2. Mrs. Sarita Singh - Company Secretary & Compliance Officer

3. Mrs. Rachana Singi - Managing Director

4. Mr. Alok Pathak - Chief Financial Officer

Additional Financial Information

Loan Portfolio:

  • Total Loan Booked as of September 30, 2026: ₹1,33,45,04,988
  • Outstanding Secured NCDs: ₹6,93,00,000
  • Outstanding Unsecured NCDs: ₹1,00,40,00,000
  • Outstanding Inter-Corporate Deposits: ₹9,00,00,000

Co-Lending Arrangements:

  • Total loans originated under CLAs: ₹7,30,00,000 across 3 loans
  • Amount disbursed: ₹3,66,28,170
  • Weighted average interest rate: 18.50%
  • Company's share: 20%
  • Sector: Real Estate
  • All loans classified as Standard

Investments:

  • Investments in 6 properties totaling ₹97.96 lakhs
  • Only 2 properties registered in company name
  • Capital commitments pending: ₹4.32 lakhs

Cash Flow Highlights (Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: (₹894.63)
  • Net cash flow from investing activities: (₹0.54)
  • Net cash flow from financing activities: ₹809.76
  • Net decrease in cash: (₹85.41)
  • Closing cash balance: ₹348.37