Unaudited Financial Results for the quarter and half year ended on September 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KIFS Financial Services, an Ahmedabad-based NBFC, reported Q2 FY26 (Jul-Sep 2025) interest income of ₹705.25 lakhs, down ~19% from ₹872.76 lakhs in Q2 FY25. However, profit after tax jumped to ₹212.42 lakhs (₹1.96 EPS) from ₹164.04 lakhs (₹1.52 EPS) — a ~29.5% YoY increase. For the half year, total income was ₹1,686.07 lakhs with PAT of ₹380.82 lakhs (₹3.52 EPS) versus ₹315.03 lakhs (₹2.91 EPS) in H1 FY25, a ~20.9% rise. Profitability improved sharply because finance costs fell faster than interest income, lifting the PBT margin to ~40% from ~25% a year ago. The loan book expanded to ₹28,229 lakhs (from ₹17,675 lakhs at March 2025), while borrowings were deliberately paid down to ₹23,632 lakhs (from ₹33,205 lakhs). The statutory auditor (Bimal Shah Associates) issued an unqualified limited review report. No exceptional items were reported, and a 15% final dividend for FY25 was paid.
Strong PAT growth driven by lower borrowing costs and margin expansion is positive for shareholders, even as headline revenue dipped. However, the ₹17,270 lakh negative operating cash flow reflects a major balance sheet shift — the company is using cash to fund loan growth while repaying debt — which investors should monitor for liquidity and asset quality implications.