Board Meeting Details

The Board of Directors meeting was held on October 31, 2026, commencing at 12:00 PM and concluding at 1:00 PM. The meeting approved the unaudited financial results for Q2 FY27.

Financial Results Overview

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹10.76 lakh (down 19% from ₹13.24 lakh in Q2 FY26)
  • Total income: ₹10.76 lakh (down 19% from ₹13.24 lakh)
  • Total expenses: ₹5.53 lakh (up 82% from ₹3.03 lakh)
  • Profit before tax: ₹5.23 lakh (down 49% from ₹10.21 lakh)
  • Tax expense: ₹1.31 lakh (down 49% from ₹2.57 lakh)
  • Net profit: ₹3.92 lakh (down 49% from ₹7.64 lakh)
  • Basic EPS: ₹0.39 (down 49% from ₹0.76)
  • Diluted EPS: ₹0.39 (down 49% from ₹0.76)

Half-Year Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹23.13 lakh (down 13% from ₹26.49 lakh)
  • Total income: ₹23.13 lakh (down 13% from ₹26.49 lakh)
  • Total expenses: ₹10.95 lakh (up 88% from ₹5.84 lakh)
  • Profit before tax: ₹12.18 lakh (down 41% from ₹20.65 lakh)
  • Tax expense: ₹3.06 lakh (down 41% from ₹5.20 lakh)
  • Net profit: ₹9.12 lakh (down 41% from ₹15.45 lakh)
  • Basic EPS: ₹0.91 (down 41% from ₹1.54)
  • Diluted EPS: ₹0.91 (down 41% from ₹1.54)

Revenue Breakdown

  • Interest Income (sole revenue source): Q2 FY27: ₹10.76 lakh, Q1 FY27: ₹12.37 lakh, H1 FY27: ₹23.13 lakh
  • No other income reported in any period

Expense Analysis

  • Employee benefits expenses: Q2 FY27: ₹1.26 lakh (up 40% YoY), H1 FY27: ₹2.48 lakh
  • Depreciation: Q2 FY27: ₹0.10 lakh, H1 FY27: ₹0.20 lakh
  • Other expenses: Q2 FY27: ₹4.17 lakh (up 104% YoY), H1 FY27: ₹8.27 lakh
  • No finance costs or impairment charges in current periods

Tax Details

  • Current tax: Q2 FY27: ₹1.32 lakh, H1 FY27: ₹3.07 lakh
  • Deferred tax: Q2 FY27: (₹0.01) lakh, H1 FY27: (₹0.01) lakh

Capital Structure

  • Paid-up equity share capital: ₹100.56 lakh (unchanged across all periods)
  • Face value per share: ₹10
  • Other equity: ₹637.44 lakh as of September 30, 2026 (unaudited) vs ₹628.33 lakh as of March 31, 2026 (audited)

Balance Sheet Position (as of September 30, 2026, unaudited)

Assets

  • Total assets: ₹740.56 lakh
  • Financial assets: Cash & cash equivalents: ₹4.16 lakh, Bank balances: ₹452.68 lakh, Loans: ₹278.63 lakh
  • Non-financial assets: Current tax assets: ₹0.53 lakh, Deferred tax assets: ₹0.23 lakh, Property, plant and equipment: ₹1.25 lakh, Other non-financial assets: ₹3.08 lakh

Liabilities and Equity

  • Total liabilities: ₹2.56 lakh
  • Financial liabilities: Other payables: ₹1.99 lakh
  • Non-financial liabilities: Current tax liabilities: ₹0.46 lakh, Other non-financial liabilities: ₹0.11 lakh
  • Total equity: ₹738.00 lakh (Equity share capital: ₹100.56 lakh, Other equity: ₹637.44 lakh)

Cash Flow Statement (H1 FY27)

  • Net cash from operating activities: ₹3.30 lakh (vs negative ₹41.69 lakh in H1 FY26)
  • Cash generated from operations before tax: ₹5.91 lakh
  • Income taxes paid: ₹2.61 lakh
  • No cash flow from investing or financing activities
  • Net increase in cash and cash equivalents: ₹3.30 lakh
  • Cash and cash equivalents at period end: ₹4.16 lakh

Business Context

  • Company is primarily engaged in financial services business
  • No separate reportable operating segments as per Ind AS 108
  • No subsidiary/associate/joint venture entities
  • Previous period figures have been regrouped/reclassified for comparability