Key Financial Figures (Amounts in ₹ lakhs)

Financial Performance Comparison:

  • Total Income: ₹236.99 (FY26) vs ₹196.77 (FY25) - increase of ₹40.22 lakhs
  • Total Expenses: ₹216.72 (FY26) vs ₹149.36 (FY25) - increase of ₹67.36 lakhs
  • Profit Before Tax: ₹21.27 (FY26) vs ₹47.41 (FY25) - decrease of ₹26.14 lakhs
  • Current Tax: ₹5.30 (FY26) vs ₹3.04 (FY25)
  • Deferred Tax: ₹0.00 (FY26) vs ₹8.72 credit (FY25)
  • Net Profit: ₹5.38 (FY26) vs ₹11.75 (FY25) - decrease of ₹6.37 lakhs
  • Balance Carried to Balance Sheet: ₹128.44 (FY26) vs ₹115.73 (FY25)

Revenue Breakdown (FY26):

  • Interest Income: ₹158.74 lakhs
  • Net Gain on Fair Value Change: ₹8.51 lakhs
  • Other Operating Revenue: ₹26.65 lakhs
  • Other Income: ₹43.09 lakhs

Expense Breakdown (FY26):

  • Employee Benefit Expenses: ₹122.80 lakhs
  • Impairment on Financial Assets: ₹11.01 lakhs
  • Depreciation: ₹0.35 lakhs
  • Other Expenses: ₹81.56 lakhs

Balance Sheet Position (as at 31st March 2026):

  • Total Assets: ₹2192.71 lakhs
  • Financial Assets: ₹2191.30 lakhs (Cash: ₹9.78 lakhs, Loans: ₹1405.79 lakhs, Investments: ₹760.32 lakhs)
  • Non-Financial Assets: ₹1.41 lakhs
  • Total Liabilities: ₹1064.05 lakhs
  • Equity: ₹1128.65 lakhs (Share Capital: ₹214.97 lakhs, Other Equity: ₹913.68 lakhs)
  • Paid-up Share Capital: ₹214.97 lakhs (21,49,744 equity shares of ₹10 each)

Operational Highlights

  • Company recorded total income of ₹236.99 lakhs compared to ₹196.77 lakhs in previous year
  • Net profit after tax of ₹5.38 lakhs for the year compared to ₹11.75 lakhs in previous year
  • RBI has revived the NBFC license, enabling company to restart NBFC business
  • Company has started financial advisory services and business for mutual investments and loan against property
  • No dividend declared for the year to plough back profits into business

48th Annual General Meeting Details

  • Date: 22nd September 2026
  • Time: 9:00 AM
  • Mode: Physical meeting
  • Venue: 309, Pioneer Industrial Estate, Subhash Road, Jogeshwari (E), Mumbai - 400060
  • Cut-off date: 15th September 2026
  • Book Closure: 19th September 2026 to 21st September 2026 (both days inclusive)

Agenda Items:

Ordinary Business:

1. Adoption of audited financial statements for FY 2025-26

2. Reappointment of Mr. Kanishk Ranka (DIN: 06967647) who retires by rotation

Special Business:

3. Reappointment of Mrs. Nina Ranka (DIN: 00937698) as Managing Director for 5 years from 13th August 2026 to 12th August 2031 with monthly remuneration of ₹75,000

4. Reappointment of M/s. NNK & Co., Chartered Accountants (FRN: 143291W) as Statutory Auditors for 4 years

5. Regularization of appointment of Mr. Arun Jain (DIN: 02540343) as Non-Executive Independent Director for 5 years from 13th August 2026 to 12th August 2031

Board of Directors

  • Smt. Nina Ranka - Managing Director (DIN: 00937698)
  • Smt. Madhura Ghadi - Independent Director
  • Shri. Jitendra Nigam - Independent Director
  • Shri. Kanishk Ranka - Executive Director (DIN: 06967647)

Key Managerial Personnel

  • Chief Financial Officer: Shri. Shailendra T. Singh
  • Company Secretary: Shri. Vijay Dalpatbhai Teraiya (ACS: 50003)

Auditors

  • Statutory Auditors: M/s. NNK & Co. (FRN: 143291W)
  • Internal Auditor: Shri Neel Kumar Jain
  • Secretarial Auditor: Mr. Pankaj S Desai, Company Secretary

Corporate Governance

  • Board met 5 times during the year (28.05.2025, 12.08.2025, 03.10.2025, 14.11.2025, 12.02.2026)
  • Audit Committee met 5 times during the year
  • All directors attended all board meetings and last AGM
  • Company has adopted Code of Conduct, Whistle Blower Policy, and Prevention of Insider Trading Policy

Regulatory Compliance Issues

Secretarial Audit Report highlighted non-compliances:

  • Failure to advertise closure of register of members and e-voting notice in newspapers as required
  • Inadequate maintenance and preservation of minutes of board and general meetings
  • Independent directors not registered in Independent Director's Data Bank

Future Outlook

  • Company expects quantum increase in business activity with revived NBFC license
  • Planning rights issue of equity shares to bring more capital for lending business expansion
  • Bullish on financial services business prospects in coming years

Shareholding Pattern (as on 31st March 2026)

  • Promoter & Promoter Group: 70.55% (15,16,648 shares)
  • Public: 29.49% (6,33,096 shares)
  • 99.88% shares are dematerialized
  • Major shareholders: Reliable Holdings Pvt Ltd (30.92%), Solutions Commercials India Pvt Ltd (14.82%), Nina Ranka (13.80%)

Administrative Office

309, Pioneer Industrial Estate, Subhash Road, Jogeshwari East, Mumbai - 400060

Registrar & Share Transfer Agent

MUFG Intime India Private Limited (formerly Link Intime India Private Limited)

C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083