Financial Performance Highlights (Half Year Ended September 30, 2026)

  • Total Revenue From Operations: ₹32.82 lakh (compared to ₹59.80 lakh in H1 FY26)
  • Total Expenses: ₹136.98 lakh (compared to ₹40.08 lakh in H1 FY26)
  • Profit Before Tax: Loss of ₹104.16 lakh (compared to profit of ₹19.72 lakh in H1 FY26)
  • Net Profit After Tax: Loss of ₹80.26 lakh (compared to profit of ₹14.98 lakh in H1 FY26)
  • Earnings Per Share (Basic & Diluted): (₹1.49) (compared to ₹0.28 in H1 FY26)

Key Financial Figures

Balance Sheet (as of September 30, 2026):

  • Share Capital: ₹537.54 lakh (unchanged)
  • Reserves and Surplus: ₹879.70 lakh (down from ₹959.96 lakh as of March 31, 2026)
  • Total Shareholder's Funds: ₹1,417.24 lakh (down from ₹1,497.50 lakh)
  • Total Assets/Liabilities: ₹1,552.30 lakh

Asset Composition:

  • Non-current assets: ₹812.02 lakh (including Receivables under Financing Activity of ₹751.82 lakh)
  • Current assets: ₹740.28 lakh (including Current Investment of ₹559.00 lakh and Cash and cash equivalents of ₹31.75 lakh)

Cash Flow (H1 FY27):

  • Net cash flow from operating activities: Negative ₹157.82 lakh (used in operations)
  • Net cash flow from investing activities: Negative ₹143.21 lakh (used in investing)
  • Net cash flow from financing activities: ₹0.00 lakh
  • Net decrease in Cash and cash equivalents: ₹301.03 lakh
  • Cash and cash equivalents at period end: ₹31.75 lakh (down from ₹332.78 lakh at start)

Material Developments

Non-Performing Assets (NPA) Situation:

The company witnessed a significant increase in its Non-Performing Assets during the reporting period, primarily due to deterioration in repayment behaviour across certain loan accounts. These accounts were reclassified from Standard Assets to Non-Performing Assets under RBI's Income Recognition, Asset Classification and Provisioning (IRACP) norms.

  • Gross NPA: ₹7.84 crore as of September 30, 2026
  • Net NPA: ₹6.59 crore as of September 30, 2026
  • Total provision maintained: ₹1.26 crore on both standard and non-performing assets
  • Provision for contingencies (in P&L): ₹96.10 lakh for the period

Capital Adequacy:

Despite the NPA increase, the company maintains adequate capital position:

  • Capital to Risk-Weighted Assets Ratio (CRAR): 93.24%
  • Tier I capital: 93.22%
  • Tier II capital: 0.02%
  • Net Owned Fund (NOF): ₹13.63 crore

Both metrics are above the minimum regulatory requirements prescribed by RBI.

Additional Information

  • The company changed its name from S R G Securities Finance Limited to SRG Fingrow Finance Limited
  • The company is an NBFC with main business of providing loans
  • Figures of previous period have been re-classified/re-grouped for comparability
  • The company is exempted from Indian Accounting standards (IND-AS) as it is listed on SME exchange
  • The Audit Committee reviewed and recommended the results on November 14, 2026, before board approval