Financial Performance Highlights - Q1FY27

Profit & Loss Statement (₹ crore):

  • Total Income: ₹115.15 (Q1FY26: ₹65.82, Q4FY26: ₹73.94, FY26: ₹276.83)
  • Interest Income: ₹72.12 (Q1FY26: ₹55.85, Q4FY26: ₹65.99, FY26: ₹238.27)
  • Interest Expense: ₹26.16 (Q1FY26: ₹21.55, Q4FY26: ₹24.43, FY26: ₹93.11)
  • Net Interest Income: ₹96.45 (Q1FY26: ₹34.30, Q4FY26: ₹41.56, FY26: ₹145.16)
  • Other Income: ₹43.03 (Q1FY26: ₹9.97, Q4FY26: ₹7.95, FY26: ₹38.56)
  • Net Total Income: ₹88.99 (Q1FY26: ₹44.27, Q4FY26: ₹49.51, FY26: ₹183.72)
  • Employee Expenses: ₹4.18 (Q1FY26: ₹3.89, Q4FY26: ₹4.57, FY26: ₹15.78)
  • Depreciation & Amortization: ₹0.14 (consistent across periods)
  • Other Expenses: ₹5.15 (Q1FY26: ₹2.08, Q4FY26: ₹4.08, FY26: ₹11.60)
  • Total Expenditure: ₹9.47 (Q1FY26: ₹6.11, Q4FY26: ₹8.79, FY26: ₹27.94)
  • Pre-Provision Operating Profit: ₹79.52 (Q1FY26: ₹38.16, Q4FY26: ₹40.72, FY26: ₹155.78)
  • Provisions and Fair Value Diminution: ₹1.20 (not present in comparative periods)
  • Profit Before Tax: ₹78.32 (Q1FY26: ₹38.16, Q4FY26: ₹40.72, FY26: ₹155.78)
  • Tax: ₹17.11 (Q1FY26: ₹7.60, Q4FY26: ₹8.70, FY26: ₹32.32)
  • Profit After Tax: ₹61.21 (Q1FY26: ₹30.56, Q4FY26: ₹32.02, FY26: ₹123.46)
  • Other Comprehensive Income: (₹0.15) (Q1FY26: (₹0.22), Q4FY26: (₹0.08), FY26: ₹3.23)
  • Total Comprehensive Income: ₹61.06 (Q1FY26: ₹30.34, Q4FY26: ₹31.94, FY26: ₹126.69)
  • EPS (₹): ₹1.32 (Q1FY26: ₹0.66, Q4FY26: ₹0.69, FY26: ₹2.67)

Note: EPS figures restated for comparative previous periods due to split of equity share of face value ₹10 to 5 equity shares of face value ₹2 each.

Balance Sheet Position as at 30.06.2026 (₹ crore)

Assets:

  • Total Assets: ₹2,433.62 (30.06.2025: ₹2,156.46, 31.03.2026: ₹2,411.80)
  • Financial Assets: ₹2,416.61
  • Cash & Cash Equivalents: ₹66.16
  • Bank balance other than cash & cash equivalents: ₹1.38
  • Receivables & Advances: ₹0.61
  • Gross Loans & Advances: ₹1,901.55
  • Employee Loans (Net): ₹0.17
  • Less: Unamortised upfront fee: ₹0.15
  • Less: Impairment/ECL: ₹37.36
  • Net Loans & Advances: ₹1,864.21
  • Investments: ₹472.74
  • NCDs: ₹155.97
  • Debt Based Mutual Funds: ₹220.15
  • Alternate Funds Investment: ₹63.5
  • Security Receipts: ₹27.69
  • Equity (Listed/Unlisted) and CCPS: ₹63.30
  • Other Financial Assets: ₹11.51
  • Non-Financial Assets: ₹17.01
  • Current Tax Assets (Net): Not present
  • Deferred Tax Assets (Net): ₹3.11
  • Plant, Property & Equipment: ₹12.78
  • Right of Use Assets: ₹0.30
  • Other Intangible Assets: ₹0.05
  • Other non-financial assets: ₹0.77

Liabilities & Equity:

  • Financial Liabilities: ₹1,049.86
  • Trade Payable: Not present
  • Secured/Unsecured Debentures: ₹174.72
  • Bank Borrowings: ₹848.63
  • Other financial Liabilities: ₹26.51
  • Non-Financial Liabilities: ₹7.57
  • Provisions: ₹1.83
  • Current Tax Liabilities (Net): ₹4.71
  • Other non-financial liabilities: ₹1.04
  • Equity: ₹1,376.18
  • Share Capital: ₹92.60
  • Reserves & Surplus: ₹1,283.58

Portfolio Composition as on 30.06.2026

Gross AUM: ₹2,002.05 crore across 63 borrowers

  • Portfolio Loan (Project-related): ₹1,901.55 crore across 56 borrowers
  • Portfolio NCDs: ₹100.50 crore across 7 borrowers

Sectoral Distribution of Loan Portfolio:

The company operates across multiple sectors including:

  • Real Estate Sector: Construction financing for affordable & middle income housing projects, limited inventory high-income housing projects in major cities, builder floor financing in Delhi NCR, construction funding for corporates for commercial office space, lease rental discounting, LAP backed by cash flows, general corporate purpose against receivables
  • Manufacturing & Other Sectors: Cement, Steel, Chemical, Packaging, Automotive, consumer durable and other allied industries; established manufacturing units for expansion & long term working capital term loan & corporate loans
  • Infra/Social Infra: Education (School/College/Universities), Healthcare (Hospital/Nursing Homes), Logistics and warehousing, Focus on Special Situations, Energy Renewable (Solar/Wind)
  • NBFC/HFC/ARC Sector: NBFCs with secured wholesale loan book, NBFCs with secured retail/gold loan book, HFCs, ARCs (backed by RR1 rated SRs giving cover of 2.5x), other financial companies
  • Loan Against Shares: Pledge of eligible listed equity shares of Group I companies, pledge of unlisted shares of National Stock Exchange (NSE), LAS for Corporate/LLP/Firm with credit rating of BBB, LAS for Individual with minimum credit score of 700

Additional Services:

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

Geographical Presence:

PAN India presence with significant exposure in:

  • Gujarat: ₹323.85 crore
  • Delhi: ₹206.11 crore
  • Telangana: ₹101.50 crore
  • Tamil Nadu: ₹88.92 crore
  • Andhra Pradesh: ₹46.47 crore
  • Haryana: ₹29.31 crore
  • Kerala: ₹25.42 crore
  • West Bengal: ₹47.32 crore
  • Rajasthan: ₹11.39 crore
  • Assam: ₹9.00 crore
  • Andaman & Nicobar: ₹7.49 crore
  • Karnataka: ₹28.33 crore
  • Total: ₹2,002.05 crore

Management and Governance

Board of Directors:

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

Management Team:

  • Mr. Anoop Bali: Managing Director & CFO - 35 years experience, MBA Gold Medalist
  • Mrs. Charu Singh: President (Credit) - 27 years experience, MBA (Finance), Cost Accountant
  • Mr. Rajiv Singh: Senior Vice President (Finance and Accounts) - 26 years experience, Company Secretary, Cost Accountant, LLB
  • Mr. Sanjay Ahuja: Senior Vice President and Company Secretary - 30 years experience, Company Secretary, Cost Accountant, Law Graduate
  • Mr. Tarun Gupta: Vice President (Business Development & Credit) - 19 years experience, B.Tech (IIT Delhi), Post graduate in Advanced Finance
  • Mr. Sanjay Modi: Vice President (Business Development & Credit) - 18 years experience, B.E. (NIT Jaipur), PGDBM (IIM Bangalore)
  • Mr. Rudra Nath Jha: Vice President (Legal) - 30 years experience, B.Com, LLB
  • Shri P.K. Naik: Chief Technology Officer - 32 years experience, MCA, Certified Information System Auditor (CISA)

Company Mission and Vision

Mission: 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.

Vision:

  • To support the development of tourism, real-estate, infrastructure, manufacturing, financial services and other allied & emerging sectors
  • To provide sustainable and tailored financing solutions
  • To maintain highest standards of integrity, disciplined risk underwriting and regulatory compliance
  • To uphold fair practices codes, transparency and high standards of disclosures
  • To align with emerging ESG expectations and responsible financing principles
  • To create enduring value for stakeholders and commitment to sustainable growth

Disclaimer and Forward-Looking Statements

The presentation contains forward-looking statements involving known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to differ materially from expressed or implied projections. Important factors include: ability to implement strategy, growth and expansion plans, changes in regulatory norms, technological changes, investment income, cash flow projections, and other risks.