Announced Wed, 13 Aug · 17:09 IST

Akme Fintrade (India) Limited has informed the Exchange about issue of Securities

Revenue Growth 20pctResults View source PDF

AFIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Akme Fintrade, a Rajasthan-based NBFC focused on vehicle and business loans, announced three decisions from its August 13, 2025 board meeting. First, it posted Q1 FY26 total income of ₹3,192.15 lakhs, up about 50% from ₹2,132.93 lakhs in Q1 FY25, driven mainly by interest income which rose to ₹3,061.08 lakhs. Net profit grew around 12% YoY to ₹961.36 lakhs, with PBT at ₹1,210.69 lakhs. Second, the board approved appointing M/s. Ronak Jhuthawat & Co as Secretarial Auditor for five years (FY26–FY30), pending shareholder approval. Third, it cleared a private placement of listed, secured, redeemable NCDs worth up to ₹30 Crores in one or more tranches, carrying a 12% annual coupon, 24-month tenure, and 1.10x security cover, to be listed on BSE. Statutory auditor Valawat & Associates issued a clean limited review report with no qualifications.

Likely market impact

Strong top-line growth signals healthy loan book expansion, though net profit growth lags revenue, suggesting margin pressure from rising costs. The ₹30 Crore NCD raise at 12% will add leverage to fund growth but increases interest outgo, and existing shareholders may see some dilution of returns until the new capital is fully deployed.