BSEIndergiri Finance LtdMediumNeutral
Announced Tue, 11 Nov · 17:52 IST

The Board of Directors of the Company approved the Unaudited Financial Results of the Company for the Quarter and half year ended 30th September 2025.

Going ConcernQualified OpinionRevenue DeclinePat NegativeEbitda Margin CompressionDebt Equity ThresholdResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indergiri Finance, a small non-banking finance company (NBFC), reported a net loss of ₹130.64 lakhs for Q2 FY26 and ₹164.33 lakhs for H1 FY26, compared to a loss of ₹3.90 lakhs in H1 FY25. Total income for Q2 fell sharply to ₹18.77 lakhs from ₹62.05 lakhs a year earlier, a drop of nearly 70%. The company's reserves have turned deeply negative at ₹(394.80) lakhs, leaving total equity at just ₹111.30 lakhs. More critically, the company has fallen below the RBI's required Net Owned Fund threshold of ₹500 lakhs for NBFCs, has defaulted on loan repayments of ₹425.24 lakhs in principal plus ₹51.02 lakhs in interest, and the auditors (Sampat & Mehta LLP) have issued a qualified conclusion flagging these issues.

Likely market impact

This is a deeply negative filing. The company is technically undercapitalised for an NBFC, is in loan default, and its auditor has qualified the results due to the regulatory capital shortfall. Shareholders face significant risk to the company's NBFC registration and ability to continue lending operations, and the stock is likely to react sharply to the downside.