A small non-banking financial company earns its revenue primarily from interest on loans and advances and from fees and commissions. In FY26, total revenue from operations was ₹3.58 crore, split between Interest Income of ₹242.33 lakh and Fees & Commission Income of ₹115.66 lakh. The lending book expanded sharply during the year, with advances given rising by ₹360.27 lakh, which pushed operating cash flow to negative ₹237.48 lakh. Loan impairment surged to ₹44.20 lakh from ₹1.38 lakh, pointing to asset quality stress on the book. The cost structure is typical of a finance company — no raw materials, with employee costs at 7.5% of revenue and other operating expenses at 10.6%. Net profit for FY26 was ₹79.57 lakh on total assets of ₹8.08 crore, with EPS of ₹1.59. The company is working to meet the RBI's Net Owned Fund requirement of ₹10 crore: shareholders approved raising authorised share capital from ₹5.5 crore to ₹10 crore, but a proposed preferential issue of 49.5 lakh convertible warrants at ₹11.20 per warrant was rejected at the December 2025 EGM. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest Income, Fees & Commission Income. Small NBFC, lending-driven with fee income
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 4 |
| EBITDA (ex other income) | 0 | 0 | 0 | 1 | 1 |
| margin % | 2.7 | 3.6 | 32.6 | 49.7 | 31.6 |
| Owners' profit | 0 | 0 | 0 | 0 | 1 |
| EPS, as reported (₹) | 0.04 | 0.03 | 0.69 | 0.76 | 1.59 |
| ROE % · ROCE % | 0.2 · — | 0.3 · — | 3.1 · — | 6.4 · — | 11.7 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (0) | 0 | (0) | (1) | 1 |
| Capex | 0 | 0 | (0) | (0) | (0) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | (0) | 0 |
| EPS (₹) | 0.56 | 0.16 | 0.06 | 0.65 | 0.98 | 0.14 | (0.19) | 0.27 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 6 Sept 2026 · Notice of 33rd AGM published in newspapers, meeting on September 30, 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · GDL Leasing announces 33rd AGM on September 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Notice of 33rd Annual General Meeting on September 30, 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · 33rd Annual Report FY 2025-26 and AGM Notice filed with BSE | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Board appoints Mr Pankaj Bansal as Independent Director | management changes | medium | — | — |
| 4 Sept 2026 · Board approves preferential warrants issue at Rs 14, to raise Rs 4.2 crore | fund raising | high | — | — |
| 4 Sept 2026 · Board clears Rs 4.2 Cr warrant issue, raises authorised capital | corporate actions | medium | — | — |
| 1 Sept 2026 · Board meeting on Sept 4 to consider fund raising via preferential issue | fund raising | medium | — | — |
| 9 Aug 2026 · Newspaper publication of Q1 unaudited financial results | compliance | minimal | — | — |
| 7 Aug 2026 · Q1 FY27 Results: Revenue up 27% YoY, PAT at Rs 13.6 lakh | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| MUTHOOT FINANCE LIMITED |
| 1,12,094 |
| 9.9 |
| 2.82 |
| 3.9 |
| 26.7 |
| — |
| 22.0 |
| 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 51.8 | 18.2 | 172 of 212 | 19% |
| P/B | 4.6 | 1.1 | 222 of 245 | 9% |
| ROE | 11.7 | 3.0 | 42 of 266 | 85% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 24.0 | 48.6 | 159 of 249 | 36% |
| Revenue growth | 26.6 | 12.6 | 90 of 231 | 61% |
| Profit growth | (58.1) | 7.8 | 162 of 251 | 36% |
| Market cap | 31 | 37 | 136 of 260 | 48% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
