Board Meeting Details

The Board of Directors meeting was held on Thursday, 12th November 2026, commencing at 03:15 PM and concluding at 04:10 PM.

Matters Approved by the Board

1. The Unaudited Financial Results along with Limited Review Report for the quarter and half year ended 30th September, 2026 under Regulation 33 of the SEBI (LODR) Regulations, 2015.

2. Unaudited Balance sheet as at half year ended 30th September, 2026.

3. Cash flow statement for the half year ended 30th September, 2026.

4. Resignation of Ms. Roopamol K S as Company Secretary and Compliance Officer.

Financial Results Overview

Quarter Ended September 30, 2026 (Unaudited):

  • Total Income: ₹508.54 lakh
  • Profit before tax: ₹8.32 lakh
  • Net profit: ₹6.23 lakh

Half Year Ended September 30, 2026 (Unaudited):

  • Total Income: ₹1,001.57 lakh
  • Profit before tax: ₹53.19 lakh
  • Net profit: ₹39.80 lakh

Comparative Figures (Year Ended March 31, 2026 - Audited):

  • Total Income: ₹1,306.28 lakh
  • Profit before tax: ₹47.12 lakh
  • Net profit: ₹35.26 lakh

Key Financial Metrics

Revenue Breakdown (Half Year Ended September 30, 2026):

  • Interest Income: ₹946.66 lakh
  • Miscellaneous Income: ₹35.87 lakh
  • Other Income: ₹19.04 lakh

Expense Breakdown (Half Year Ended September 30, 2026):

  • Finance Costs: ₹468.19 lakh
  • Employee Benefit Expenses: ₹30.39 lakh
  • Depreciation, amortization and impairment: ₹8.54 lakh
  • Operating Expenses: ₹124.06 lakh
  • Administrative Expenses: ₹3.05 lakh
  • Rent: ₹70.71 lakh
  • Rates & Taxes: ₹0.61 lakh
  • Bad debts Written Off: ₹(35.17) lakh (recovery)

Balance Sheet Position (as at September 30, 2026)

Total Assets: ₹9,230.78 lakh (compared to ₹8,455.28 lakh as at March 31, 2026)

Key Asset Components:

  • Cash and cash equivalents: ₹464.71 lakh (vs. ₹298.64 lakh)
  • Investments: ₹450.00 lakh (vs. ₹0)
  • Loans: ₹7,557.85 lakh (vs. ₹7,692.01 lakh)
  • Property, Plant and Equipment: ₹173.63 lakh (vs. ₹102.26 lakh)

Liabilities and Equity:

  • Debt Securities: ₹900.53 lakh (vs. ₹1,012.08 lakh)
  • Subordinated Liabilities: ₹6,481.34 lakh (vs. ₹5,671.36 lakh)
  • Equity Share capital: ₹965.62 lakh (unchanged)
  • Other Equity: ₹490.28 lakh (vs. ₹450.47 lakh)

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

  • Cash flow from operating activities: ₹(4.11) lakh outflow
  • Cash flow from investing activities: ₹(528.25) lakh outflow
  • Cash flow from financing activities: ₹698.43 lakh inflow
  • Net increase in cash & cash equivalents: ₹166.07 lakh
  • Closing cash and cash equivalents: ₹464.71 lakh

Management Change

Ms. Roopamol K S has tendered her resignation from the position of Company Secretary and Compliance Officer of the Company via email dated November 2, 2026. She will be relieved from services with effect from close of business hours on December 2, 2026, to pursue better career growth and professional advancement opportunities.

Deferred Matter

The Board considered the proposal for change of the company's name but decided to defer consideration to a subsequent meeting. No decision was taken on this matter.

Additional Information

  • The company has made arrangements for newspaper publication of the financial results as required by Listing Regulations.
  • No investor complaints were pending at the beginning or end of the quarter.
  • The company has only one segment.
  • Earnings Per Share calculations follow Indian Accounting Standard IND AS-33.
  • The financial results are prepared in accordance with Ind-AS as notified by MCA.

Auditor's Review

The Statutory Auditors, A John Moris & Co., conducted a review of the interim financial results and issued an unqualified report stating that nothing has come to their attention that causes them to believe the statement contains any material misstatement.