In connection with the meeting of board of director held on November 11,2025 we are pleased to inform you that we a filing a revised outcome. The revised outcome include the following ....
Awaiting price reaction for this filing.
Tirupati Fincorp filed a revised board meeting outcome for the November 11, 2025 meeting. The board approved unaudited Q2 FY26 results showing total income of Rs 791.62 lakhs, a sharp drop from Rs 6,175.76 lakhs in Q2 FY25. Net loss for the quarter narrowed to Rs 44.18 lakhs (from Rs 84.56 lakhs loss a year ago), while H1 FY26 swung to a profit of Rs 121.66 lakhs versus a loss of Rs 66.71 lakhs in H1 FY25. The company appointed CS Anita Chougule as the new Company Secretary and Compliance Officer. Critically, the results notes disclose that the RBI rejected the company's NBFC registration application on June 12, 2025, and has advised it to stop NBFC business — the company has requested a six-month extension, with outcome awaited. Borrowings stand at Rs 20,151.58 lakhs against equity of Rs 709 lakhs, indicating extremely high leverage.
The RBI rejection of the NBFC license is a serious threat to the company's core business model and raises going-concern concerns — shareholders should watch for the outcome of the extension request. The sharp revenue decline combined with very high debt-to-equity ratio (~28x) makes this a high-risk stock despite the half-year profit turnaround.