Indostar Capital Finance Limited has informed the Exchange about Board Meeting to be held on May 27, 2026 to consider and Approve the yearly Audited Financial result of the Company for ....
INDOSTAR · price
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On the reaction day the stock moved 11.6 pts more than Nifty Microcap 250 and 11.6 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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IndoStar Capital Finance reported FY2026 profit after tax of Rs 13,020 lakhs, more than doubling from Rs 5,259 lakhs in FY2025. However, this profit was heavily dependent on an exceptional gain of Rs 1,17,595 lakhs from the sale of subsidiary Niwas Housing Finance Limited (NHFL). Without this one-time gain, the company would have posted a loss. The company made massive impairment provisions of Rs 1,14,322 lakhs, an 8x increase from Rs 13,752 lakhs in the prior year, including Rs 32,613 lakhs against security receipts and Rs 4,900 lakhs management overlay due to geopolitical uncertainties. Q4 FY26 alone reported a loss of Rs 42,396 lakhs due to these provisions. Total income remained flat at Rs 1,39,359 lakhs. GNPA ratio increased to 4.77% from 4.52%, though NNPA ratio improved to 2.09% from 2.46%. The auditors issued an unmodified opinion with no going concern issues.
The stock may face pressure as underlying operations are weak despite headline profit growth; the 8x surge in impairment provisions signals deteriorating asset quality, and investors should be cautious about the sustainability of profits driven by one-time divestment gains.