BSECapfin India LtdHighNeutral
Announced Fri, 14 Nov · 18:43 IST

Attached herewith the Unaudited Financial Results for the quarter and half year ended September 30, 2025.

Revenue DeclinePat NegativeEbitda Margin CompressionNegative Operating CashflowResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Capfin India Limited reported a sharp deterioration in its H1 FY26 results, with total income collapsing to ₹11.91 lakhs from ₹77.03 lakhs in H1 FY25 (an ~85% decline), driven mainly by the absence of any sale of stock-in-trade (₹67.95 lakhs in H1 FY25, nil now). The company swung from a profit after tax of ₹40.63 lakhs in H1 FY25 to a loss after tax of ₹(28.22) lakhs in H1 FY26, with H1 EPS turning negative at ₹(0.96) versus ₹1.48 previously. Impairment provisions on financial instruments surged to ₹32.45 lakhs (from ₹0.16 lakhs), and a new fees & commission expense of ₹8.92 lakhs appeared. Cash and equivalents fell steeply from ₹215.86 lakhs at the start of the period to just ₹19.34 lakhs, partly because ₹175 lakhs was parked into redeemable preference shares (new investments line of ₹375 lakhs). Operating cash flow remained negative at ₹(16.24) lakhs, similar to the prior year's ₹(19.93) lakhs. The auditor's limited review was unqualified with no qualifications or emphasis of matter.

Likely market impact

Clearly negative for shareholders — the core trading business appears to have wound down, profitability has flipped to losses, and the cash cushion has been largely redeployed into illiquid investments. The stock is likely to face pressure given the swing to losses and weak revenue visibility.