Ontic Finserve Q2 FY27 results: net loss of ₹0.04 crore vs ₹0.31 crore profit

How did Ontic Finserve perform in Q2 FY27?

Ontic Finserve reported standalone results for Q2 FY27, the quarter ended 30 September 2026. Revenue from operations was ₹0 crore, other income was ₹0 crore and total income was ₹0 crore. Total expenses were ₹0.04 crore, resulting in an EBITDA of negative ₹0.04 crore. No EBITDA margin was reported for the quarter.

Profit before tax was a loss of ₹0.04 crore and there was no tax expense, so the net loss for the period was ₹0.04 crore. Basic EPS was ₹0.00. Against Q2 FY26, revenue from operations was ₹0.40 crore and net profit was ₹0.31 crore, with an EBITDA margin of 88.1%. Against Q1 FY27, total expenses fell ₹2.86 crore to ₹0.04 crore and the net loss narrowed by ₹2.87 crore from ₹2.91 crore.

The results are on a standalone basis. The board approved the unaudited financial results for the quarter on 19 October 2026, and the statutory auditors carried out a limited review of the results.

What changed in Ontic Finserve's costs and profit?

Total expenses in Q2 FY27 were ₹0.04 crore, ₹0.01 crore lower than ₹0.05 crore in Q2 FY26, a fall of 20.0%. Employee benefit expense was ₹0.01 crore, unchanged from the year-ago quarter, while other expenses were ₹0.03 crore, also unchanged. Finance costs, depreciation and cost of materials were unchanged at ₹0 crore in both periods.

The main change in the profit lines came from other income, which fell ₹0.06 crore to ₹0 crore from ₹0.06 crore in Q2 FY26. Tax expense fell ₹0.11 crore to ₹0 crore from ₹0.11 crore. There was no exceptional item in either quarter.

Against the previous quarter, other expenses fell ₹2.86 crore to ₹0.03 crore from ₹2.89 crore, a decline of 99.0%, while total expenses fell ₹2.86 crore to ₹0.04 crore, down 98.6%. Employee cost was unchanged at ₹0.01 crore, and tax expense fell ₹0.04 crore to ₹0 crore from ₹0.04 crore. Other income fell ₹0.02 crore to ₹0 crore. The filing does not state the reasons for the decline in other expenses in the previous quarter.

How did the first half of FY27 go?

In the first half of FY27, revenue from operations was ₹0 crore, against ₹0.96 crore in H1 FY26. Total income fell ₹1.03 crore to ₹0.02 crore from ₹1.05 crore, a decline of 98.1%. Other income for the half year was ₹0.02 crore against ₹0.96 crore of total income in H1 FY26.

Profit before tax for the first half turned to a loss of ₹2.92 crore from a profit of ₹0.95 crore in H1 FY26, a difference of ₹3.87 crore. The net loss was ₹2.92 crore against a net profit of ₹0.71 crore, a difference of ₹3.63 crore. Basic EPS for the half year was negative ₹0.32 against ₹0.07 in H1 FY26.

What do the balance sheet and cash flow show?

Total assets fell to ₹1.81 crore on 30 September 2026 from ₹4.38 crore on 31 March 2026. Total equity fell to ₹0.42 crore from ₹3.77 crore. Borrowings rose to ₹1.14 crore from ₹0.35 crore, while cash and cash equivalents fell to ₹0.03 crore from ₹0.26 crore. The standalone balance sheet in the filing shows total assets of ₹18,054,905 and shareholders' funds of ₹4,225,820 on 30 September 2026.

For H1 FY27, net cash flow from operating activities was negative ₹3.06 crore, against ₹0.02 crore in H1 FY26. Investing cash flow was ₹0.13 crore against ₹0.00 crore, and financing cash flow was ₹2.69 crore against ₹0.00 crore. Capital expenditure was ₹0.00 crore in both half years. The company filed a revised cash flow statement on 24 October 2026 after quarterly figures had been provided instead of half-yearly figures.

How has Ontic Finserve done over the last 8 quarters?

Across the last eight quarters, revenue from operations peaked at ₹0.56 crore in Q1 FY26 and was ₹0.40 crore in Q2 FY26, while the company reported ₹0 crore in each of the five quarters from Q3 FY26 to Q2 FY27. Profit after tax peaked at ₹0.40 crore in Q1 FY26 and bottomed at a loss of ₹2.91 crore in Q1 FY27.

The EBITDA margin was 90.2% in Q1 FY26 and 88.1% in Q2 FY26, before no margin was reported from Q3 FY26 through Q2 FY27. The direction of profit improved in Q2 FY27, with the net loss narrowing to ₹0.04 crore from ₹2.91 crore in Q1 FY27.

How did Ontic Finserve shares react?

The filing was released after market hours on 19 October 2026. The stock showed no move in the first 5, 15 and 30 minutes after the filing appeared. On the reaction day it fell 4.6% from its previous close of ₹1.08, and by the next day's close it was down 9.3% from that pre-results close. By the fifth session, it was down 15.7% from the same close.

How did other Other Financial Services companies do?

Sixteen Other Financial Services companies were compared for this quarter, with a median revenue growth of -13.7% as of 4 November 2026. Of these, the number that grew slower than Ontic Finserve was 16 and the number that grew faster was 0. Thirteen of the 27 companies compared on profit reported higher profit.