BF Investment reported a consolidated net profit of ₹2,820.10 million for the financial year ended March 31, 2026, a significant increase from the previous year's ₹2,222.91 million. On a standalone basis, the company posted a net profit of ₹1,465.44 million for FY26, compared to ₹924.79 million in the prior year. The Board of Directors has recommended a final dividend of ₹10 per equity share of ₹5 each, totaling 200%, subject to approval by shareholders at the upcoming Annual General Meeting.

The company's total consolidated income for FY26 rose to ₹778.84 million, up from ₹627.45 million in the previous year. Standalone total income increased to ₹2,074.23 million from ₹1,367.32 million. The primary drivers for the standalone performance were dividend income, which surged to ₹1,699.05 million from ₹1,082.55 million, and interest income, which grew to ₹316.23 million from ₹245.57 million. The statutory auditors, M/s P. G. Bhagwat LLP, issued an unmodified opinion on the audited financial results for both standalone and consolidated statements.

Financial Performance

The consolidated results for the quarter ended March 31, 2026, showed a net profit of ₹1,142.35 million, a turnaround from the net loss of ₹33.27 million recorded in the same period last year. On a standalone basis, Q4 revenue came in at ₹1,226.41 million, compared to ₹452.27 million in the corresponding quarter of the previous year, reflecting strong year-on-year growth. Standalone profit for the quarter was ₹873.74 million, compared to ₹308.72 million in the corresponding quarter of the previous year. Total comprehensive income for the consolidated year stood at ₹16,387.56 million, while the standalone figure was ₹7,216.48 million.

Key Financial Metrics

The table below summarizes the key financial metrics for both standalone and consolidated performance across FY26 and FY25:

Board Decisions

In addition to the financial results, the Board approved the re-appointment of Mr. Amit Kalyani as a Non-Executive, Non-Independent Director, who is liable to retire by rotation. This appointment is also subject to shareholder approval at the ensuing Annual General Meeting. The Board confirmed that Mr. Kalyani has not been debarred from holding the office of Director by SEBI or any other authority. The meeting commenced at 11:15 Hrs and concluded at 12:15 Hrs on May 29, 2026.

BF Investment settled penalties totaling ₹4,42,500 each with the National Stock Exchange of India Limited (NSE) and BSE Limited for non-compliance with board composition requirements during the quarter ended March 31, 2026. The exchanges levied the fine under Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically addressing the failure to appoint an independent woman director. The company has since rectified the vacancy, ensuring no material impact on its financial or operational activities.

The Board of Directors, in its meeting held on May 29, 2026, discussed the fine imposed via letters dated May 27, 2026. The Board confirmed the appointment of a Non-Executive Independent Woman Director for a period of three consecutive years effective March 17, 2026, noting that the company is now in compliance with Regulation 17(1). The payment of ₹4,42,500, inclusive of 18% GST, was made on May 28, 2026, ahead of the June 11, 2026 deadline.

The penalty structure included a base fine of ₹3,75,000 for 75 days of non-compliance at a rate of ₹5,000 per day, plus ₹67,500 as GST. BF Investment clarified that the delay occurred while identifying a suitable candidate. The disclosure was submitted in accordance with SEBI Listing Regulations and the Master Circular on Standard Operating Procedure for imposing fines, signed by Gayatri Pendse Karandikar, Company Secretary and Compliance Officer.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE878K01010/3b25fc5d0dd94a5a.pdf