GOWRA LEASING & FINANCE LTD.

Lends money as a small non-banking financial company (NBFC) listed on BSE and based in Secunderabad, where the entire operating model rests on interest income earned from its loan book. Interest income came in at Rs 1,130.17 lakh in FY26 versus Rs 519.74 lakh the prior year, with revenue from operations totalling Rs 1,138.94 lakh and net profit after tax at Rs 580.50 lakh. The loan book grew 61% to Rs 8,258.78 lakh by March 31, 2026, funded through a mix of unsecured borrowings and inter-corporate loans — a board-approved Rs 25 crore line from unrelated parties, plus related-party lines of Rs 57 crore from group firms and Rs 33 crore from directors at interest up to 12% per annum — with an overall Rs 100 crore borrowing ceiling going to shareholder approval. Total assets stood at Rs 8,631.31 lakh and total equity rose to Rs 6,739.58 lakh after a Rs 2,752.08 lakh preferential share issue during the year. Other income is a small additional stream, jumping from Rs 0.65 lakh in Q1 FY26 to Rs 63.50 lakh in Q1 FY27. The largest disclosed cost line is employee expenses at 7.1% of revenue, followed by other operating expenses at 4.8%, with depreciation negligible at 0.1% of revenue.