Asia Capital Limited reported a net profit after tax (PAT) of ₹4.42 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 418% year-on-year increase from ₹0.85 crore in the corresponding period of FY26. The surge was primarily driven by a 403% jump in interest income to ₹8.91 crore. The Board of Directors approved the unaudited financial results on August 06, 2026, following a limited review by statutory auditors Shankarlal Jain & Associates LLP.

The filing was made in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from BSE and NSE. The company’s total income rose 92% to ₹10.10 crore, while total expenses remained stable at ₹4.18 crore. This financial update coincides with the appointment of Mr. Anand Khandelia as Secretarial Auditor for FY26 to fill a casual vacancy, reinforcing the company’s governance framework during a period of strong financial performance.

Financial Performance Highlights

Interest income emerged as the key growth driver, rising from ₹1.77 crore in Q1FY26 to ₹8.91 crore in Q1FY27. Conversely, other income declined by 66% to ₹1.20 crore from ₹3.49 crore in the previous year. Employee benefit expenses increased to ₹1.93 crore from ₹1.25 crore, while other expenses decreased significantly to ₹2.25 crore from ₹2.88 crore. Depreciation charges were minimal at ₹0.95 thousand.

Balance Sheet and Cash Flow Position

As of June 30, 2026, Asia Capital Limited’s total assets stood at ₹533.58 crore, compared to ₹531.63 crore as of March 31, 2026. Cash and cash equivalents totaled ₹236.09 crore, comprising ₹234.15 crore in other bank balances and ₹1.94 crore in cash and equivalents. The company remains debt-free, with no borrowings recorded. Equity share capital remained unchanged at ₹309.20 crore, while other equity increased to ₹223.03 crore from ₹218.61 crore.

The cash flow statement revealed that operating activities generated ₹30.33 crore in cash for the quarter. Investing activities showed no cash outflow, and financing activities were nil. The net increase in cash and cash equivalents for the quarter was ₹30.33 crore. For the full year ended March 31, 2026, operating cash flows had been negative at ₹-254.09 crore, largely due to a decrease in short-term loans and advances.

What the Numbers Show

The dramatic rise in net profit is almost entirely attributable to higher interest income, suggesting effective deployment of the company’s substantial cash reserves. With ₹236.09 crore in cash and no debt, Asia Capital Limited is in a strong liquidity position. The stability in total expenses despite the revenue surge indicates operational efficiency. The simultaneous focus on governance, evidenced by the new secretarial auditor appointment, underscores management’s commitment to regulatory compliance alongside financial growth.

Asia Capital has appointed Mr. Jaydeepsingh Negi as its Internal Auditor for the financial year 2025-26. The appointment, which took effect on August 06, 2026, was approved by the Board of Directors following a recommendation from the Audit Committee. This change ensures the company maintains compliance with the Companies Act 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The intimation was filed with BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III. The filing also references SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023, regarding the disclosure of information pertaining to the change in internal auditor.

Appointment Details

Mr. Jaydeepsingh Negi brings five years of experience in accounts and audit to the role. He holds a Bachelor of Accounting and Finance degree. There are no disclosed relationships between Mr. Negi and the directors of the company.

The appointment was formalized during the Audit Committee meeting held on August 06, 2026. CS Prateek Sharma, Company Secretary and Compliance Officer of Asia Capital Limited, signed the disclosure letter submitted to the exchange.