The 42nd AGM is scheduled on 25th September 2025.
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JMJ Fintech Ltd, a Coimbatore-based NBFC (BSE: 538834), held a board meeting on August 12, 2025 and approved several items. The 42nd Annual General Meeting is scheduled for September 25, 2025 at 11:30 AM. The board recommended a final dividend of 25 paise per equity share (on Rs 10 face value), subject to shareholder approval. Mr. Velayudhanpillai Harikumar was re-appointed as Independent Director for one year. The board also approved purchase of land for business purposes and appointed CDSL as e-voting intermediary. Q1 FY26 standalone results showed total income rising to Rs 507.73 lakhs (from Rs 369.20 lakhs YoY, up ~37.5%), but net profit fell to Rs 114.43 lakhs (from Rs 182.26 lakhs, down ~37%) due to sharply higher expenses, including finance costs doubling to Rs 69.42 lakhs and employee costs rising over 3x to Rs 171 lakhs. EPS for the quarter stood at Rs 0.89 vs Rs 1.47 YoY. Full year FY25 net profit was Rs 516.91 lakhs with EPS of Rs 4.04.
Mixed signals for shareholders: revenue growth is positive but profit declined sharply in Q1 due to rising costs and NPA provisions. The 25 paise dividend is small (2.5% on face value). Land purchase signals potential expansion, but investors should watch the rising expense base and due customer trends flagged in the internal audit.