Laxmi India Finance Limited has informed the Exchange about Investor Presentation
LAXMIINDIA · price
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Laxmi India Finance, a Rajasthan-focused NBFC, reported strong Q1 FY26 results. Assets Under Management grew nearly 30% year-on-year to ₹1,346 crore, while Profit After Tax rose about 46% to ₹9.77 crore. Net Interest Income jumped 42% to ₹33.86 crore and Net Interest Margin improved to 9.73%. The company maintained 159 branches across 5 states, with MSME loans making up over 76% of the portfolio. Asset quality remained stable with Gross NPA at 1.28% and Net NPA at 0.67%. Cost of borrowing fell to 11.82% from 12.06%, and credit rating agency Acuite revised the outlook on the company's A- rating from 'Stable' to 'Positive'. The company also received fresh equity infusions in recent years totalling over ₹56 crore to strengthen its net worth of ₹268.50 crore.
For shareholders, the strong AUM and profit growth, improving margins, and upgrade in rating outlook signal a healthy quarter. The lower cost of borrowing and stable asset quality should support continued earnings momentum, though the rising credit cost (1.21% vs 0.27% YoY) and concentration in Rajasthan (80%) remain points to watch.