Financial Performance Highlights

Half Year Ended 30.09.2026 (H1FY27)

  • Total Income: ₹196.54 crore (compared to ₹132.30 crore in H1FY26)
  • Interest Income: ₹136.34 crore (compared to ₹113.36 crore in H1FY26)
  • Interest Expense: ₹52.11 crore (compared to ₹44.97 crore in H1FY26)
  • Net Interest Income: ₹84.23 crore (compared to ₹68.39 crore in H1FY26)
  • Other Income: ₹60.20 crore (compared to ₹18.94 crore in H1FY26)
  • Employee Expenses: ₹8.15 crore
  • Profit Before Tax: ₹126.66 crore (compared to ₹74.72 crore in H1FY26)
  • Tax: ₹26.86 crore
  • Profit After Tax: ₹99.80 crore (compared to ₹59.62 crore in H1FY26)
  • EPS: ₹2.15 (compared to ₹1.29 in H1FY26)

Balance Sheet as at 30.09.2026

  • Total Assets: ₹2,574.48 crore
  • Financial Assets: ₹2,556.95 crore
  • Cash & Cash Equivalents: ₹48.46 crore
  • Gross Loans: ₹2,111.43 crore
  • Net Loans: ₹2,074.10 crore (after impairment ECL of ₹37.36 crore)
  • Investments: ₹414.99 crore (including NCDs & Bonds ₹133.92 crore, Debt Based Mutual Funds ₹169.96 crore, Alternate Funds Investment ₹14.90 crore, Security Receipts ₹27.69 crore, Equity/CCPS ₹68.52 crore)
  • Total Borrowings: ₹1,180.00 crore (comprising Secured/Unsecured Debentures ₹174.74 crore, Bank Borrowings ₹976.72 crore, Other financial liabilities ₹28.54 crore)
  • Net Tangible Worth: ₹1,381.53 crore
  • Equity Share Capital: ₹92.60 crore
  • Reserves and Surplus: ₹1,299.57 crore

Asset Quality Metrics

  • Gross NPLs: ₹7.82 crore (0.37% of portfolio)
  • Net NPLs: Nil (0%)
  • CRAR: 54.68%
  • Debt:Equity Ratio: 0.84:1

Portfolio Details

Gross AUM Composition (as on 30.09.2026)

  • Loan Portfolio: ₹2,111.43 crore across 67 borrowers
  • NCDs Portfolio (Project-related): ₹103.25 crore across 6 borrowers
  • Total Gross AUM: ₹2,214.68 crore across 73 borrowers

Geographical Distribution of Loan Portfolio

  • Maharashtra: ₹587.54 crore
  • Uttar Pradesh: ₹489.53 crore
  • Gujarat: ₹355.22 crore
  • Delhi: ₹228.77 crore
  • Tamil Nadu: ₹80.66 crore
  • West Bengal: ₹80.77 crore
  • Other States: ₹308.94 crore (across 11 states)

Business Operations

Key Business Areas

1. Real Estate Sector: Construction financing for affordable & middle income housing projects, builder floor financing in Delhi NCR, commercial office space funding, lease rental discounting, LAP backed by cash flows

2. Manufacturing & Other Sectors: Cement, steel, chemical, packaging, automotive, consumer durable industries for expansion & long-term working capital

3. Infra/Social Infra: Education, healthcare, logistics and warehousing, energy renewable (solar/wind)

4. NBFC/HFC/ARC Sector: Financing to NBFCs with secured wholesale/retail loan books, HFCs, ARCs

5. Loan Against Shares: Pledge of eligible listed equity shares, unlisted shares of NSE, LAS for corporates/individuals

Additional Services

  • Tourism/Hospitality focused advisory services including Project Feasibility Reports, Market Survey and Marketing Tie-ups
  • Debt Syndication services
  • Special situation structuring/restructuring and advisory services

Management Team

Board of Directors

  • Dr. S. Ravi: Non-Executive Chairman (Non-Independent Director)
  • Dr. Mahabaleshwara MS: Independent Director
  • Ms. Vandana Sinha: Director (Representing LIC)
  • Mrs. Thankom T Mathew: Independent Director
  • Sh. Ashok Kumar Garg: Independent Director
  • Sh. Deepak Amitabh: Independent Director
  • Sh. Aditya Kumar Halwasiya: Director
  • Sh. Anoop Bali: Managing Director & CFO

Leadership Team

  • Mr. Anoop Bali: Managing Director & CFO (35 years experience)
  • Mrs. Charu Singh: President (Credit, 27 years experience)
  • Mr. Rajiv Singh: Senior Vice President (Finance and Accounts, 26 years experience)
  • Mr. Sanjay Ahuja: Senior Vice President and Company Secretary (30 years experience)
  • Mr. Tarun Gupta: Vice President (Business Development & Credit, 19 years experience)
  • Mr. Rudra Nath Jha: Vice President (Legal, 30 years experience)
  • Shri P.K. Naik: Chief Technology Officer (32 years experience)

Mission & Vision

The company's mission is to be a responsible and trusted NBFC-ND-ML contributing to economic development and nation building by providing sustainable financing solutions across tourism, real-estate, infrastructure, manufacturing, financial services and other allied & emerging sectors.

Historical Performance (5-Year Overview)

The presentation includes detailed financial performance from FY2021-22 to H1FY2026-27 showing consistent growth in profitability, AUM, and improvement in asset quality metrics over the years.