Audited Financial Results for the quarter and year ended March 31, 2026 are attached herewith.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jhaveri Credits & Capital Ltd reported audited standalone and consolidated financial results for FY2026. Revenue from operations grew 22.6% to Rs 11,121.09 Lakhs from Rs 9,069.63 Lakhs in FY2025, meeting the 20% revenue growth threshold. However, Profit After Tax declined significantly by 41% to Rs 195.30 Lakhs (FY2026) from Rs 331.35 Lakhs (FY2025), with EPS falling to Rs 1.66 from Rs 3.13. The company reported an exceptional item loss of Rs 84.92 Lakhs and negative operating cash flow of Rs 470.48 Lakhs. Auditors issued unmodified opinions on both standalone and consolidated results. The Board also approved a new CFO appointment and amended terms of a Rs 27 Crore inter-corporate loan to Praveg Limited (a Promoter Group entity) to include a conversion option into equity shares.
The stock may face pressure due to declining profitability despite revenue growth, negative operating cash flows, and the exceptional item loss. The related party transaction with Promoter Group entity requires shareholder attention given the loan conversion option feature.