Comfort Fincap Q2 FY27 results: net profit up 28.6% to ₹1.89 crore, revenue up 21.6%

How did Comfort Fincap perform in Q2 FY27?

Comfort Fincap reported consolidated revenue of ₹4.56 crore for the July–September 2026 quarter, up 21.6% from ₹3.75 crore in Q2 FY26. Profit before tax rose 25.9% to ₹2.58 crore, while net profit increased 28.6% to ₹1.89 crore. Basic EPS fell to ₹0.19 from ₹0.48 a year earlier.

Compared with Q1 FY27, revenue increased 2.9% from ₹4.43 crore to ₹4.56 crore. However, profit before tax fell 11.9% from ₹2.93 crore to ₹2.58 crore, net profit declined 14.1% from ₹2.20 crore to ₹1.89 crore, and basic EPS decreased from ₹0.22 to ₹0.19.

The company also reported standalone revenue of ₹4.56 crore, up 21.6% from ₹3.75 crore, and standalone net profit of ₹1.89 crore against ₹1.47 crore. No consolidated EBITDA or EBITDA margin was provided in the figures.

What changed in Comfort Fincap's costs and profit?

Total expenses increased to ₹1.81 crore in Q2 FY27 from ₹1.22 crore in Q2 FY26, an increase of ₹0.59 crore. Employee benefit expenses rose by ₹0.16 crore to ₹0.76 crore, finance costs increased by ₹0.20 crore to ₹0.31 crore, and other expenses increased by ₹0.26 crore to ₹0.59 crore. Depreciation remained unchanged at ₹0.02 crore, and there was no exceptional item.

Other income was a loss of ₹0.17 crore in Q2 FY27, compared with a loss of ₹0.49 crore in Q2 FY26, an improvement of ₹0.32 crore. Tax expense rose by ₹0.11 crore to ₹0.69 crore from ₹0.58 crore. The filing did not state why the cost lines or other income changed.

Against Q1 FY27, total expenses increased by ₹0.14 crore to ₹1.81 crore. Employee benefit expenses rose by ₹0.22 crore to ₹0.76 crore and finance costs increased by ₹0.15 crore to ₹0.31 crore, while other expenses fell by ₹0.18 crore to ₹0.59 crore. Other income moved from ₹0.16 crore to a loss of ₹0.17 crore, and tax expense fell by ₹0.04 crore to ₹0.69 crore.

How did the first half of FY27 go?

In the first half of FY27, consolidated revenue increased 18.6% to ₹8.99 crore from ₹7.58 crore in H1 FY26. Total income rose 17.5% to ₹8.98 crore from ₹7.64 crore, while profit before tax increased 5.4% to ₹5.5 crore from ₹5.22 crore.

H1 FY27 net profit was ₹4.09 crore, down 1.0% from ₹4.13 crore in H1 FY26. Basic EPS fell 23.6% to ₹0.42 from ₹0.55. The standalone filing also reported income from operations of ₹898.87 lakhs and profit before tax of ₹550.21 lakhs for the first half.

What do the balance sheet and cash flow show?

Consolidated total assets stood at ₹132.36 crore on 30 September 2026, compared with ₹107.05 crore on 31 March 2026. Total equity rose to ₹108.69 crore from ₹100.18 crore, while cash declined to ₹0.98 crore from ₹1.22 crore. The standalone statement reported borrowings of ₹2,055.23 lakhs on 30 September 2026.

For H1 FY27, consolidated operating cash flow was a negative ₹20.43 crore, compared with ₹0.77 crore in H1 FY26. Investing cash flow was ₹0.01 crore against no exceptional item in the prior period, while financing cash flow was ₹20.17 crore compared with a negative ₹1.01 crore. The standalone statement showed cash and cash equivalents of ₹97.58 lakhs.

How has Comfort Fincap done over the last 8 quarters?

Revenue increased in each of the last five quarters on a year-on-year basis. Across the reported quarters, revenue reached its highest level at ₹4.56 crore in Q2 FY27, while net profit peaked at ₹2.67 crore in Q1 FY26 and was lowest at ₹0.77 crore in Q4 FY25.

Net profit rose to ₹1.89 crore in Q2 FY27 from ₹1.07 crore in Q4 FY26 and ₹2.20 crore in Q1 FY27. Revenue reached ₹4.52 crore in Q3 FY26 before falling to ₹4.00 crore in Q4 FY26, then recovering to ₹4.43 crore in Q1 FY27 and ₹4.56 crore in Q2 FY27. No EBITDA-margin trend was provided.

What did Comfort Fincap's management say?

Management said it was expanding digital consumer-durable financing and preparing a Loan Against Shares and Mutual Funds platform. It targeted 3× growth in Consumer Durable AUM within 18 months, with plans to penetrate underserved semi-urban Tier 2 and Tier 3 markets and expand beyond mobile phones into laptops, tablets and wearables.

Management also said its technology roadmap included sub-60-second approvals and AI-driven credit decisioning coming next. The planned Loan Against Shares and Mutual Funds platform was described as integrating directly with MF, CDSL and NSDL for seamless, paperless processing end to end. The presentation did not provide analysts’ questions.

Management identified regulatory changes, competitive pressures, interest-rate volatility, economic conditions affecting credit demand and real-estate investments, operational and compliance requirements, securing planned financing, and attracting and retaining skilled professionals as risks. The investor presentation stated that forward-looking statements were subject to uncertainties.

How did Comfort Fincap shares react?

By the next day’s close, the stock was down 1.1% from its pre-results close, while the industry median was down 0.1% and the Nifty Microcap 250 was down 1.9%. The stock’s excess move against the industry was -1.1 percentage points. No five-day reaction was provided.

How did other Non Banking Financial Company (NBFC) companies do?

Among 76 NBFC peers compared for the quarter, the median revenue growth was 22.1%. Comfort Fincap’s 21.6% revenue growth was below that median, with 37 peers growing slower than the company and 38 growing faster. Of 84 peers used for the profit comparison, 55 reported higher profit.