Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HB Leasing & Finance Company, an RBI-registered NBFC, reported a loss after tax of Rs. 8.08 lakhs for Q1 FY26, slightly wider than the Rs. 7.68 lakh loss in the same quarter last year. Total income of Rs. 4.21 lakhs was far below total expenses of Rs. 12.16 lakhs, showing continued operational cash burn. For full FY25, the company posted a loss of Rs. 29.30 lakhs, and reserves stand at negative Rs. 715.62 lakhs, meaning accumulated losses have eaten into more than half of its share capital. The board noted that 18 lakh preferential equity shares were allotted in March 2025 at Rs. 18 each, raising Rs. 324 lakhs mainly to meet RBI's minimum net owned fund requirements. Statutory auditors N.C. Aggarwal & Co. issued a clean (unmodified) limited review opinion.
For shareholders: The company continues to post losses with severely eroded reserves, which is a serious red flag for long-term viability. Despite a recent capital infusion, revenue generation is minimal versus expenses, and the fundraise was largely aimed at meeting RBI compliance rather than growth, making this stock high-risk for retail investors.