BSEAd-Manum Finance LtdHighNeutral
Announced Fri, 31 Oct · 18:35 IST

Please refer the enclosed Unaudited Financial Results of the Company for the Quarter and Half year ended on September 30, 2025 approved by the Board of Directors in its meeting held today ....

Revenue DeclinePat Growth 25pctResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ad-Manum Finance Ltd reported Q2 FY26 total income of ₹268.11 lakhs, down sharply from ₹417.19 lakhs in Q2 FY25, with revenue from operations falling ~29% YoY to ₹258.87 lakhs driven by lower interest income (₹246.09 vs ₹341.03 lakhs). Q2 profit after tax declined ~54% YoY to ₹119.71 lakhs (EPS ₹1.60 vs ₹3.49). For the half-year, however, PAT grew ~27% to ₹557.51 lakhs (EPS ₹7.43 vs ₹5.85), helped by an unusually large other income of ₹247.76 lakhs booked mostly in Q1. Operating cash flow turned strongly positive at ₹2,516.57 lakhs (vs negative ₹1,632.37 lakhs in H1 FY25) as the loan book shrank from ₹7,964 to ₹6,088 lakhs and the company redeployed surplus cash into investments, which jumped from ₹573.87 to ₹3,330.20 lakhs. The statutory auditor (Mahendra Badjatya & Co.) issued an unqualified limited review report.

Likely market impact

Mixed picture for shareholders — core lending business is shrinking (revenue and PAT down sharply YoY in Q2), but profitability for the half-year improved on one-off other income, and the balance sheet has strengthened with higher investments and positive operating cash flow. Watch sustainability of earnings as low Q2 other income suggests the H1 beat may not repeat in H2.