Outcome of Board Meeting held on May 11, 2026, inter alia, considered and approved the Audited Financial Results for the quarter and year ended March 31, 2026
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Capfin India Ltd reported a significant shift from profit to loss for FY2026, with a net loss after tax of Rs 59.54 lakhs compared to a profit of Rs 16.22 lakhs in FY2025. Revenue from operations grew marginally from Rs 22.90 lakhs to Rs 23.49 lakhs. The company incurred substantial impairment charges on financial instruments of Rs 47.48 lakhs. Operating cash flow turned sharply negative at Rs 216.68 lakhs. The Board appointed Mr. Umesh Kumar Sahay as Chairperson and appointed new auditors for FY2026-27. The company raised Rs 3.39 crore through a preferential issue of 10.30 lakh equity shares. The statutory auditor issued an unmodified (clean) opinion on the financial statements.
The company swung from profitability to significant losses, raising concerns about its financial health. Despite raising fresh capital, the negative operating cash flow and large impairment charges indicate stress in the lending business. Shareholders should monitor the company's ability to turn profitable and generate positive cash flows.