Consideration and Approval of the Unaudited Financial Results for the quarter and half year ended September 30, 2025.
Awaiting price reaction for this filing.
Capfin India reported a sharp revenue collapse in Q2 FY26, with total income falling to ₹5.99 lakhs from ₹70.97 lakhs a year ago, as sale of stock-in-trade dropped to zero. For the half year ended September 30, 2025, total revenue stood at ₹11.81 lakhs versus ₹77.01 lakhs in H1 FY25, an ~85% decline. The company swung to a loss before tax of ₹(39.99) lakhs for H1 FY26, compared to a profit of ₹50.84 lakhs in H1 FY25, leading to a loss after tax of ₹(28.22) lakhs and a negative EPS of ₹(0.96). Operating cash flow remained negative at ₹(16.24) lakhs, though cash and cash equivalents fell to ₹19.34 lakhs as the company deployed ₹175 lakhs into redeemable preference shares. Total equity stood at ₹626.37 lakhs with no borrowings, and the statutory auditor (Mehra Goel & Co.) issued an unqualified limited review report.
This is a significant deterioration for shareholders — the company moved from profit to loss with revenue nearly wiped out quarter-on-quarter, though the small balance sheet, nil debt, and new preference share investments suggest the company is restructuring rather than facing distress. Expect short-term negative sentiment on the stock given the weak results, but the clean audit report and strong equity base limit deeper concerns.