Superior Finlease Limited

Operates as an RBI-registered Non-Banking Financial Company (NBFC), engaged in lending and related financial services. The FY26 audited results show total income of about Rs 0.34 crore against total assets of Rs 51.45 crore, with financial assets making up roughly 99% of the balance sheet. The company's auditors (R.C. Agarwal & Co.) issued a modified opinion, flagging that revenue is recognised on a cash basis rather than accrual, and that provisions for Non-Performing Assets have not been created as required under RBI prudential norms for NBFCs. The filings also disclose that the company's bank account has been frozen by government authorities, and there are pending litigations with the Enforcement Directorate, SEBI and the Income Tax department, with tax demands raised for AY 2016-17 and AY 2019-20 under Section 147/144. In FY26, employee cost accounted for 50% of revenue, other operating expenses 24.2%, and depreciation 14%, with no materials cost and no capital expenditure. Shareholders have approved raising funds through a preferential issue of up to 15,64,159 equity shares at Rs 5 each (aggregating up to Rs 78.21 lakh), with about Rs 1.50 crore earmarked for developing software for the company's loan application platform.