Financial Performance Highlights
Standard Capital Markets Limited reported exceptional FY26 results with standalone net profit surging 184% YoY to ₹80.49 crore (₹8,049.23 lakhs) from ₹28.35 crore in FY25. Total income grew 292% to ₹395.78 crore (₹39,578.14 lakhs), primarily driven by interest on loans which reached ₹221.48 crore. Consolidated net profit stood at ₹79.92 crore (₹7,991.98 lakhs), representing 182% growth. The company's gross loan book expanded significantly to ₹228.57 crore (₹22,856.54 lakhs) from ₹131.57 crore in FY25.
Capital Structure & Fundraising Activities
The company undertook substantial capital initiatives including preferential allotment of 72.46 crore equity shares at ₹1.30 per share, increasing paid-up capital from ₹173.00 crore to ₹245.46 crore. Multiple series of Non-Convertible Debentures (NCDs) were issued totaling ₹1,045.10 crores, with amended repayment terms linked to receivable realization from hypothecated/pledged securities. The objects were for business purposes and investment in security receipts.
Asset Quality & Risk Metrics
Gross NPAs increased to ₹113.34 crore (₹1,133.37 lakhs) representing 4.96% of advances, up from 2.26% in FY25, with total provisions of ₹35.83 crore. The company maintained Capital to Risk-Weighted Assets Ratio (CRAR) of 14.94% (Tier-I: 13.80%, Tier-II: 1.14%) though gearing ratio increased significantly to 625.47% indicating higher leverage. Liquidity coverage ratio stood at 29.27% with cash balances decreasing to ₹5.80 lakhs.
Corporate Governance & AGM Matters
The notice convenes the 39th Annual General Meeting on September 29, 2026 to approve financial statements, reappoint directors Mr. Ghanshyam Prasad Gupta and Mr. Krishnan, and authorize material related party transactions up to ₹500 crore each with Titanium Unlisted Assets Private Limited and Titanium Holding India Private Limited. The board proposes changing Mr. Krishnan's designation from Executive Director to Managing Director effective September 30, 2026 with monthly remuneration of ₹1.50 lakh.
Related Party Transactions & Ownership
Significant related party transactions included borrowings of ₹436.10 crore from Titanium Unlisted Assets and ₹255.56 crore from Titanium Holding India. Promoter holding saw substantial changes with Ram Gopal Jindal's stake decreasing from 8.57% to 0.05%, while new significant shareholders emerged including Regenci Wealth Management (13.46%) and Flash Merchandise (8.34%).
Regulatory Compliance & Subsidiaries
The RBI-registered NBFC (N-14.02891) maintained four subsidiaries: Standard Capital Advisors, Standard Insurance Broking, Standard ARC Limited, and divested KRV Brooms effective April 1, 2026. The company paid a minor SEBI penalty of ₹2,360 for delayed shareholding pattern submission and confirmed no wilful default or major compliance issues aside from outstanding income tax dues of ₹235.55 lakhs.