U.Y. Fincorp FY26 Revenue Up 46% to ₹161.64 Crore

Date: September 8, 2026

KMP / Board / Auditor Changes

Statutory Auditors Change:

M/s B. Nath & Co. (Chartered Accountants) resigned effective July 24, 2026, due to fees not commensurate with growing scale of operations
M/s Praveen K Srivastava & Co. (Chartered Accountants, Firm Registration No. 013251C) appointed as Statutory Auditors effective July 24, 2026
Proposal to appoint M/s Praveen K Srivastava & Co. for 5 years from conclusion of 33rd AGM until 38th AGM

Board Changes:

Mr. Govind Kumar Goyal (Non-Executive Independent Director) resigned effective July 24, 2025, due to completion of tenure
Mr. Udai Kothari (DIN: 00284256) retires by rotation and is proposed for re-appointment
Proposal to re-appoint Mr. Dinesh Burman (DIN: 00612904) as Whole-time Director for 3 years from May 30, 2027, at monthly remuneration: Basic Salary ₹17,000, HRA 50% of basic, Medical Reimbursement ₹15,000 p.a., LTC equal to one month basic salary

Internal Auditors Change:

M/s R. K. Lodha & Associates resigned effective July 24, 2026
M/s Seth & Associates appointed effective July 24, 2026

Dividend Declaration or Non-Declaration

No dividend recommended for FY 2025-26 to plough back resources for future growth

Board Meeting Outcomes

Key Decisions:

Approved contractual joint venture agreement with Fintech Cloud Private Limited (FCPL) dated April 9, 2025, for expansion into small ticket size Personal and Business Loan under "FUNDOBABA" brand
Approved re-appointment of Mr. Dinesh Burman as Whole-time Director
Approved change of Statutory Auditors
Approved annual financial results for FY 2025-26
Seven board meetings held during the year on: April 9, 2025; May 22, 2025; July 15, 2025; August 13, 2025; August 23, 2025; November 7, 2025; February 4, 2026

Financial Results (Standalone)

Performance Highlights (₹ in Lakhs):

| Particulars | FY 2025-26 | FY 2024-25 | Change |

| Revenue from Operations | 16,164.13 | 11,104.61 | +45.56% |

| Profit Before Tax | 6,664.38 | 1,693.88 | +293.44% |

| Tax Expenses | 1,836.39 | 521.15 | +252.40% |

| Profit After Tax | 4,827.99 | 1,172.73 | +311.70% |

| EPS (Basic & Diluted) | ₹2.54 | ₹0.62 | +309.68% |

Balance Sheet Position (₹ in Lakhs):

| Particulars | March 31, 2026 | March 31, 2025 |

| Total Assets | 42,343.14 | 34,484.14 |

| Equity Share Capital | 9,511.92 | 9,511.92 |

| Reserves and Surplus | 29,385.82 | 23,453.52 |

| Borrowings | 335.17 | 550.53 |

| Loans and Advances | 35,652.97 | 27,475.34 |

Lending Portfolio Breakdown (₹ in Lakhs):

| Industry-Other | 9,480.00 | 26.59% | 9,798.00 | 35.66% |

| NBFC | 4,840.00 | 13.58% | 5,239.00 | 19.07% |

| Other Services | 8,345.22 | 23.41% | 7,625.22 | 27.75% |

| Personal Loans | 12,987.45 | 36.43% | 4,813.12 | 17.52% |

| Total | 35,652.97 | 100% | 27,457.34 | 100% |

Asset Quality:

Gross NPA Ratio: 4.36% (2.70% in FY25)
Net NPA Ratio: 2.05% (0.06% in FY25)
Provision Coverage: ₹928.51 Lakhs (₹791.51 Lakhs in FY25)
Capital Adequacy Ratio (CRAR): 92.08% (97.85% in FY25)

Key Ratios:

Return on Assets (RoA): 12.57% (3.49% in FY25)
Net Profit Margin: 29.87% (10.56% in FY25)
Debt-Equity Ratio: 0.01 (0.02 in FY25)

Disinvestment / Strategic Actions

Joint Venture:

Contractual joint venture with Fintech Cloud Private Limited (FCPL) for expansion into small ticket size Personal and Business Loan under "FUNDOBABA" brand
Company to invest under its own NBFC license, managed by FCPL

Product Expansion:

Introduced Equipment Financing under "GrowU.money" brand during FY 2025-26
Designed to provide financing support for acquisition of equipment and productive assets

Other Operational / Legal / Strategic Disclosures

Listing Status:

Shares listed on BSE Limited (Code: 530579) and NSE Limited (Code: UYFINCORP)
Voluntarily delisted from Calcutta Stock Exchange Limited effective July 17, 2025
Paid annual listing fees to all exchanges for FY 2026-27

Regulatory Compliance:

RBI registered NBFC (Registration No. B-05.01596 since April 20, 1998)
Classified as NBFC-BL (Base Layer) under scale-based regulations
Complied with all RBI guidelines including Fair Practices, AML and KYC guidelines
No deposits accepted during the year

Related Party Transactions:

Approval sought for material related party transactions with promoters and related entities
Transactions include loans, investments, and interest income
Maximum aggregate value not exceeding ₹30 crore with each related party during FY 2026-27

Corporate Social Responsibility:

CSR expenditure of ₹74.00 lakhs against requirement of ₹68.82 lakhs
Focus areas: Promoting Health Care including preventive health care
Implemented through Indian Medical Association and Yash Kothari Public Charitable Trust

Legal Proceedings:

Income tax disputes pending: ₹28.76 lakhs for AY 2019-20 (ITAT), ₹37.60 lakhs for AY 2020-21 (ITAT), ₹86.42 lakhs for AY 2023-24 (CIT)
No other material pending litigation

Shareholding Pattern:

Promoter holding: 71.38% (unchanged from previous year)
Public holding: 28.62%
99.93% shares in dematerialized form

Employee Statistics:

30 employees on rolls (including 13 female employees)
No complaints received under Sexual Harassment of Women at Workplace Act, 2013

Annual General Meeting Details

33rd AGM: September 30, 2026 at 11:30 AM through Video Conferencing/OAVM

Book Closure: September 24, 2026 to September 30, 2026 (both days inclusive)

Business to be Transacted:

1. Adoption of audited financial statements for FY 2025-26

2. Re-appointment of Mr. Udai Kothari as Director

3. Appointment of M/s Praveen K Srivastava & Co. as Statutory Auditors

4. Re-appointment of Mr. Dinesh Burman as Whole-time Director

5. Approval of material related party transactions

E-voting Period: September 27, 2026 (10:00 AM) to September 29, 2026 (5:00 PM)