Key Quantitative Figures

Financial Results for Quarter Ended 30th September, 2026:

  • Revenue from Operations: ₹276.54 lakh
  • Interest Income: ₹121.54 lakh
  • Fees & Commission Income: ₹155.00 lakh
  • Other Income: ₹8.69 lakh
  • Total Income: ₹285.23 lakh
  • Total Expenses: ₹83.45 lakh
  • Finance Cost: ₹10.68 lakh
  • Employees benefit expenses: ₹11.30 lakh
  • Depreciation and amortisation: ₹8.47 lakh
  • Other expenses: ₹53.00 lakh
  • Profit before tax: ₹201.78 lakh
  • Tax expense: ₹50.68 lakh
  • Current Tax: ₹52.46 lakh
  • Deferred tax: (₹1.78) lakh
  • Net Profit for the period: ₹151.10 lakh
  • Earnings per share (Basic and Diluted): ₹0.07

Financial Results for Half Year Ended 30th September, 2026:

  • Revenue from Operations: ₹407.71 lakh
  • Other Income: ₹84.89 lakh
  • Total Income: ₹492.60 lakh
  • Total Expenses: ₹137.91 lakh
  • Profit before tax: ₹354.69 lakh
  • Tax expense: ₹89.88 lakh
  • Net Profit for the period: ₹264.81 lakh
  • Earnings per share (Basic and Diluted): ₹0.11

Comparative Figures (Quarter Ended):

  • Previous quarter (30.06.2026): Net Profit ₹113.71 lakh
  • Year-ago quarter (30.09.2025): Net Loss ₹9.69 lakh

Balance Sheet as at 30th September, 2026:

  • Total Assets: ₹5,649.61 lakh
  • Financial Assets:
  • Cash and cash equivalents: ₹142.90 lakh
  • Other Receivables: ₹12.90 lakh
  • Loans: ₹5,207.31 lakh
  • Investments: ₹74.19 lakh
  • Other Financial assets: ₹82.97 lakh
  • Non-financial Assets:
  • Deferred tax Assets: ₹4.82 lakh
  • Property, Plant and Equipment: ₹124.52 lakh
  • Total Liabilities and Equity: ₹5,649.61 lakh
  • Financial Liabilities:
  • Other Payables: ₹57.89 lakh
  • Borrowings: ₹337.53 lakh
  • Non-Financial Liabilities:
  • Current tax liabilities: ₹92.22 lakh
  • Provisions: ₹82.87 lakh
  • Equity:
  • Equity Share capital: ₹2,310.00 lakh
  • Other Equity: ₹2,769.10 lakh

Cash Flow for Half Year Ended 30th September, 2026:

  • Net cash flows from operating activities: (₹2,109.37) lakh
  • Net cash flows from investing activities: ₹117.95 lakh
  • Net cash flows from financing activities: ₹2,090.64 lakh
  • Net increase in cash and cash equivalents: ₹99.22 lakh

Dates of Action

  • Board Meeting Date: 14th October, 2026
  • Meeting Duration: 4:30 PM to 7:10 PM
  • Period Ended: 30th September, 2026

Parties Involved

  • Regulators: SEBI, BSE, NSE, CSE
  • Previous Auditor: M/s. Dharmendra K. Agarwal & Co., Chartered Accountants (FRN: 025525C)
  • Proposed New Auditor: M/s. DDS & Associates, Chartered Accountants (FRN: 120362W)
  • Authorized Signatory: Vijay Kothari, Chairman & Managing Director (DIN: 00172878)

Purpose or Rationale

The Board meeting was conducted to approve the un-audited financial results for the quarter and half year ended 30th September, 2026 and to initiate the process for appointing new statutory auditors to fill the casual vacancy caused by the resignation of the previous auditors.

Capital Structure Impact

The company's paid-up equity share capital increased from ₹1,425.00 lakh to ₹2,310.00 lakh following the conversion of 8,85,00,000 warrants into equity shares. The preferential allotment committee allotted these warrants to 19 investors on 16th June, 2026, with investors paying 25% upfront and the balance 75% subsequently.

Additional Information

  • The financial results have been reviewed by the Audit Committee and approved by the Board of Directors
  • The limited review was conducted by the erstwhile statutory auditors, M/s. Dharmendra K. Agarwal & Co.
  • The company operates in a single segment: Finance services
  • Previous period figures have been re-stated/re-grouped for appropriate presentation
  • The financial results will be filed in XBRL mode and published in newspapers with QR codes