Submission of Outcome of Board Meeting held on Thursday, 28th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ken Financial Services Limited reported strong financial performance for FY2026 ended March 31, 2026. Revenue from operations grew 67% to Rs 99.87 lakh from Rs 59.88 lakh in FY2025. Profit after tax surged 418% to Rs 43.35 lakh from Rs 8.37 lakh, while EPS improved to Rs 1.45 from Rs 0.28. However, total assets doubled to Rs 1,871.24 lakh largely due to loans portfolio expansion from Rs 808.17 lakh to Rs 1,699.40 lakh. The company appointed M/s. VMRS & Co. as internal auditors for FY2026-27. Statutory auditors Satya Prakash Natani & Co. issued an unmodified (clean) opinion on the results. Operating cash flow turned significantly negative at Rs 646.36 lakh compared to negative Rs 16.40 lakh in FY2025, raising concerns about cash generation from operations despite profit growth.
Strong profit growth signals operational efficiency, but the sharp rise in negative operating cash flow and near doubling of borrowings (debt-to-equity rose to 1.88x) indicates higher financial leverage and liquidity risk that investors should monitor closely.