BSECeejay Finance LtdHighNeutral
Announced Thu, 13 Nov · 18:03 IST

Submission of Financial Results for the Quarter and Half Year ended September 30, 2025

Ebitda Margin CompressionResults View source PDF

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AI summary

Ceejay Finance, a Gujarat-based NBFC, reported Q2 FY26 total income of Rs 665.83 lakhs, up 5.7% from Rs 630.21 lakhs in Q2 FY25, driven by interest income of Rs 665.76 lakhs. Half-yearly total income rose 12.2% to Rs 1,311.98 lakhs from Rs 1,168.98 lakhs. However, net profit for H1 FY26 dipped 3.4% to Rs 392.48 lakhs (from Rs 406.49 lakhs) and Q2 PAT fell 4.1% to Rs 217.85 lakhs, as employee costs jumped ~30% and impairment provisions on financial instruments swung from a reversal of Rs 38.66 lakhs to a charge of Rs 32.95 lakhs. H1 EPS stood at Rs 11.38 versus Rs 11.78 earlier. The auditor (Kantilal Patel & Co.) issued a clean limited review report with no qualifications. On a positive note, operating cash flow turned sharply positive at Rs 258.36 lakhs (versus a negative Rs 560.12 lakhs in H1 FY25) and borrowings were trimmed to Rs 4,418 lakhs.

Likely market impact

Modest revenue growth was offset by rising costs and higher impairment provisions, leading to a slight dip in profitability and margin compression — a mildly negative signal for shareholders. However, the strong swing in operating cash flow and debt reduction strengthen the balance sheet, providing some support.