Announced Fri, 29 May · 20:06 IST

Audited financial results for the year ended 31.03.2026

Pat Growth 25pctResults View source PDF

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AI summary

Aastamangalam Finance Ltd (formerly Upasana Finance Limited) reported audited annual results for FY2026 with total revenue of Rs 1,717.65 Lakhs, up 10.85% from Rs 1,549.62 Lakhs in the previous year. Net profit after tax grew 14.1% to Rs 944.31 Lakhs from Rs 827.67 Lakhs, while profit before tax increased 21.5% to Rs 1,273.90 Lakhs. EPS improved to Rs 6.08 per share from Rs 5.33. Total assets grew to Rs 13,887.96 Lakhs from Rs 12,165.91 Lakhs, driven by increase in loans (Rs 11,562.13 Lakhs) and cash balances (Rs 2,237.08 Lakhs). Borrowings increased by Rs 600 Lakhs to Rs 5,045.11 Lakhs. Statutory auditors issued an unmodified (clean) opinion, confirming no qualifications or concerns.

Likely market impact

The company delivered steady growth in both revenue and profitability for FY2026, with PAT growth of 14.1% exceeding revenue growth of 10.85%. However, negative operating cash flow of Rs -3,363.90 Lakhs, largely due to Rs 4,459.18 Lakhs deployed as loans, may raise concerns about cash conversion despite strong bottom-line growth. The clean audit opinion is a positive signal for investors.