Financial Results Summary (₹ in Lakhs)

Quarterly Performance Comparison

Quarter ended June 30, 2026 (Unaudited) vs Previous Periods:

  • Total Revenue from Operations: ₹136.65 lakh (vs ₹113.53 lakh in Q1 2025, ₹83.69 lakh in Q4 2026)
  • Interest Income: ₹53.04 lakh
  • Dividend Income: ₹67.47 lakh
  • Other Income: ₹9.75 lakh
  • Net gain on fair value changes: ₹6.39 lakh
  • Total Expenses: ₹55.85 lakh
  • Employee Benefits Expenses: ₹37.05 lakh
  • Depreciation, amortization and impairment: ₹13.02 lakh
  • Other expenses: ₹5.78 lakh
  • Profit before exceptional items and tax: ₹80.80 lakh (vs ₹63.69 lakh in Q1 2025, ₹25.97 lakh in Q4 2026)
  • Exceptional Items: ₹19.92 lakh (gain)
  • Profit before tax: ₹100.72 lakh
  • Tax Expense: ₹27.15 lakh
  • Current Tax: ₹27.11 lakh
  • Tax relating to earlier years: ₹0.04 lakh
  • Profit for the period: ₹73.57 lakh (vs ₹39.44 lakh in Q1 2025, ₹16.14 lakh in Q4 2026)

Other Comprehensive Income

  • Items that will not be reclassified to profit or loss: ₹2,169.35 lakh (Changes in fair valuation of equity instruments)
  • Items that will be reclassified to profit or loss: ₹27.34 lakh (Changes in fair value of bonds/debentures)
  • Total Other Comprehensive Income: ₹2,196.69 lakh
  • Total Comprehensive Income for the period: ₹2,270.26 lakh

Earnings Per Share

  • Paid-up equity share capital: ₹49.90 lakh (Face Value per Share: ₹10)
  • Basic/Diluted EPS (not annualized): ₹14.74

Exceptional Items Detail

The Company had invested in Bonds of IL&FS Transportation Network Ltd earlier and had written off the investment in year 2020. During the current quarter, the Company received recovery payments totaling ₹19.92 lakh from IL&FS Transportation Network Ltd:

  • ₹12.58 lakh from 24 Bonds (INE975G08058)
  • ₹7.34 lakh from 14 Bonds (INE975G08090)

Company Business Model

The Company is a Non-Systematically Important Non-Banking Financial Company not availing public funds, engaged primarily in investment activities. There are no separate reporting segments as per Ind AS 108 - Operating Segments.

Accounting Policies and Notes

1. Results prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Companies Act, 2013.

2. The Company has not recognized Deferred Tax Liability on all deductible temporary differences based on certainty and virtual certainty requirements as per Ind AS 12 - Income taxes.

3. Figures for quarter ended March 31, 2026 represent the difference between audited figures for the financial year and limited reviewed figures for the nine months period ended December 31, 2025.

4. Previous periods' figures have been regrouped and recomputed where necessary.

Auditor's Limited Review Report

A N Shah & Associates issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results:

  • Are not presented in accordance with Regulation 33 of SEBI Listing Regulations
  • Contain any material misstatement
  • Do not give a true and fair view in conformity with accounting standards

The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.