Enclosed herewith is the outcome along with Audited standalone and consolidated financial results for the quarter and year ended 31st March 2026
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Credent Global Finance reported strong growth for FY26 ending March 2026. Standalone revenue grew 31.5% to Rs. 12,507 lakhs from Rs. 9,512 lakhs, while consolidated revenue rose 14.5% to Rs. 1,67,773 lakhs. Standalone PAT increased 29% to Rs. 2,793 lakhs from Rs. 2,165 lakhs. Consolidated PAT turned positive at Rs. 2,501 lakhs versus a loss of Rs. 674 lakhs in FY25. The company completed a QIP of 1 crore shares at Rs. 30 each in February 2026, raising Rs. 3,000 lakhs fully utilized for NBFC growth and general corporate purposes. The board also approved preferential allotment of 61.46 lakh convertible warrants to promoter Mr. Aditya Vikram Kanoria at Rs. 29.75 per warrant, aggregating Rs. 18.28 crore, subject to shareholder approval. Borrowings nearly doubled from Rs. 14,738 lakhs to Rs. 1,04,996 lakhs. Cash flow from operations was negative at Rs. 1,05,034 lakhs due to significant loan disbursements.
Strong revenue and PAT growth demonstrates improving profitability, though the large negative operating cash flow and near-doubling of borrowings raise concerns about liquidity and asset quality. The promoter warrant issuance will increase promoter holding from 13.14% to 21.03%.