BSEComfort Fincap LtdMediumNeutral
Announced Wed, 20 Aug · 18:16 IST

Annual Report for the Financial Year 2024-25 of Comfort Fincap Limited.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Comfort Fincap Limited has filed its 43rd Annual Report for FY 2024-25 along with the AGM notice. The company reported strong financial performance with net worth up 58% year-on-year to ₹87 crore, profit after tax steady at ₹5.1 crore, and revenue from operations rising to ₹13.31 crore. Loan disbursements crossed ₹101 crore, growing over 30% YoY, while total assets stood at ₹110.63 crore and interest income grew 15% to ₹13.29 crore. The 43rd AGM is scheduled for September 12, 2025 at 11:30 AM via video conferencing, where shareholders will vote on adopting financial statements, a 5% final dividend (₹0.10 per share), reappointment of Mr. Ankur Agrawal, and special business items including raising borrowing limits to ₹300 crore, private placement of securities up to ₹300 crore, and approval of material related party transactions.

Likely market impact

Shareholders stand to receive a 5% dividend (₹0.10 per equity share of ₹2 face value) if approved at the AGM. The 58% jump in net worth and crossing of the ₹100 crore loan book mark signal stronger capital and growth momentum, while the proposed higher borrowing limit and private placement authority could fuel further expansion of the loan book.