Sunshine Capital Limited, an RBI-registered NBFC (Registration No. B-14.01266), reported a significant financial turnaround for FY26 with a net profit of ₹2,932.88 lakhs compared to a loss of ₹68.41 lakhs in FY25. However, total revenue declined to ₹534.08 lakhs from ₹892.68 lakhs in the previous year.
The company's loan portfolio decreased to ₹6,226.33 lakhs from ₹9,636.98 lakhs, while total investments stood at ₹36,217.21 lakhs, primarily in unquoted equity instruments of associate companies including Hologram Holding Private Limited (₹18,910 lakhs investment). The company maintained strong capital adequacy with a CRAR of 86.66% and Net Owned Funds of ₹127.34 crore.
A corrigendum to the annual report was submitted, and the 32nd AGM is scheduled for September 22, 2026, with agenda items including adoption of financial statements, reappointment of director Priti Jain, and special business for a 10:1 share consolidation (face value ₹1 to ₹10). The company also proposed appointing M/s Parul Agrawal & Associates as Secretarial Auditor for four years.
Auditor reports highlighted compliance issues: the statutory audit was qualified due to non-provision of interest on loans and Ind AS non-compliance, while the secretarial audit identified several non-compliances including unauthorized related party transactions, SEBI committee membership exceedances by director Promila Sharma, and delayed independent director registration for Sanjay Tulsidas Bhanushali. The company faced SEBI penalties for non-filing of related party transaction disclosures, though one penalty was reversed by SAT.
Key shareholders include Malt Land Distilleries Limited (17.93%), Hibiscus Holdings Private Limited (12.74%), and Calyx Securities Private Limited (8.22%). The company transferred ₹454.95 lakhs to statutory reserves as required under RBI regulations and reported no public deposits during the year.