1. the Unaudited Financial results approved by the Board of Director of the company at its meeting 2. Limited Review report issued by the statutory auditor of the company
Awaiting price reaction for this filing.
Shri Niwas Leasing & Finance reported standalone Q2 FY26 PAT of ₹36.73 lakhs (vs ₹10.16 lakhs in Q2 FY25) and H1 FY26 PAT of ₹1,04,990.49 lakhs (vs ₹9.44 lakhs in H1 FY25). Total income for H1 FY26 rose to ₹105.27 lakhs from ₹28.70 lakhs a year ago, with interest income jumping from ₹12.96 to ₹105.27 lakhs. However, the huge headline profit is almost entirely due to a one-time reversal of impairment on financial instruments of around ₹1,04,911 lakhs booked in Q1 FY26, not from core operations. The company continues to carry negative net worth of ₹9,159.57 lakhs and borrowings of ₹1,16,298 lakhs, while operating cash flow was negative at ₹184.30 lakhs for H1.
The headline profit looks dramatic but is driven by an accounting reversal, not real business improvement. Negative net worth, weak operating cash flow, and the auditor's Emphasis of Matter flag mean the stock is high-risk and investors should not read the profit as a sign of turnaround.