Comfort Fincap Limited reported its audited standalone and consolidated financial results for the financial year ended March 31, 2026, approved by the Board of Directors at a meeting held on May 14, 2026. The company delivered a strong performance for the full year, with net profit rising sharply on the back of higher interest income and disciplined cost management. The board also recommended a final dividend of ₹0.10 per equity share of face value ₹2.00 each, equivalent to 5% on paid-up equity share capital, subject to shareholder approval at the ensuing Annual General Meeting. The dividend, once approved, will be paid within 30 days from the date of the AGM.

Full-Year Financial Performance

For the financial year ended March 31, 2026, Comfort Fincap posted a net profit of ₹749.00 lakh, a significant rise from ₹509.85 lakh in the previous year. Total income for the year stood at ₹1,615.74 lakh, compared to ₹1,312.82 lakh in the prior year. Interest income remained the primary revenue driver, amounting to ₹1,607.08 lakh, while Financial Advisory & Consultancy income contributed ₹3.68 lakh. Profit before tax for the year reached ₹982.75 lakh, up from ₹688.20 lakh previously. Total expenditure was contained at ₹632.99 lakh versus ₹624.62 lakh in the prior year, reflecting controlled cost growth despite business expansion.

The following table summarises the standalone annual financial performance:

Quarterly Results

For the quarter ended March 31, 2026, the company posted a net profit of ₹106.66 lakh, compared to ₹77.20 lakh in the corresponding quarter of the previous year. Total income for the quarter was ₹404.29 lakh, driven largely by interest income of ₹400.21 lakh. Profit before tax for the quarter stood at ₹157.48 lakh, versus ₹115.47 lakh in the same period last year. Total expenditure for the quarter was ₹246.81 lakh. The basic and diluted EPS for the quarter were reported at ₹0.12 each (not annualised).

*Not Annualised

Consolidated Results

On a consolidated basis, which includes associate Lemonade Share and Securities Private Limited, Comfort Fincap reported a net profit of ₹749.13 lakh for the year ended March 31, 2026, compared to ₹510.07 lakh in the previous year. Total comprehensive income on a consolidated basis stood at ₹753.72 lakh for the year. Consolidated total assets were ₹10,704.97 lakh as at March 31, 2026. Consolidated reserves excluding revaluation reserves stood at ₹8,217.43 lakh, while consolidated equity share capital was ₹1,800.13 lakh. The Group's share of profit from its associate for the period was ₹0.13 lakh.

Balance Sheet and Cash Flows

As of March 31, 2026, standalone total assets stood at ₹10,701.61 lakh. Loans, the primary asset, amounted to ₹9,571.21 lakh, while investments stood at ₹506.50 lakh. Equity share capital increased to ₹1,800.13 lakh from ₹1,596.61 lakh in the previous year, reflecting the conversion of share warrants during the year. Reserves excluding revaluation reserves grew to ₹8,214.07 lakh from ₹7,064.62 lakh. Borrowings declined sharply to ₹436.50 lakh from ₹2,186.33 lakh, reflecting significant debt repayment. The company generated net cash from operating activities of ₹1,305.71 lakh for the year, compared to a net cash outflow of ₹1,973.39 lakh in the prior year.

Warrant Conversions and Capital Structure

During the year, Comfort Fincap continued the conversion of convertible share warrants originally issued on August 2, 2024. A total of 4,38,00,000 convertible share warrants were issued at an issue price of ₹9.00 per warrant with a warrant subscription price of ₹2.25 per warrant. Of these, 3,57,50,000 warrants were converted into equity shares of face value ₹2.00 each up to March 31, 2026, with 1,01,76,000 converted in FY26 and 2,55,74,000 in FY25. This resulted in share capital increasing by ₹203.52 lakh and securities premium increasing by ₹712.32 lakh during the year. Subsequently, on April 17, 2026, a further 80,50,000 convertible share warrants were converted into equity shares, increasing share capital by ₹161.00 lakh and securities premium by ₹563.50 lakh, bringing total outstanding equity to 9,80,56,500 shares of ₹2.00 each and total equity share capital to ₹1,961.13 lakh.

The statutory auditors, M/s. A. R. Sodha & Co., Chartered Accountants (FRN 110324W), issued an unmodified opinion on both the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities reopened on May 17, 2026. The company operates in a single business segment.

Comfort Fincap Limited, a BSE-listed Non-Banking Financial Company (NBFC), formally announced the launch of its Consumer Durable Loan product — branded as Easy Mobile Financing — on May 07, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to BSE Limited and signed by Director Ankur Agrawal (DIN: 06408167). The product enables customers to purchase smartphones through a fully digital, hassle-free financing journey, with loan approvals delivered in as little as five minutes.

New Product Launch: Easy Mobile Financing

Comfort Fincap has introduced Easy Mobile Financing under the Financial Services category, catering exclusively to the domestic market in India. The product is being rolled out across Gujarat and Rajasthan, targeting retail consumers seeking accessible smartphone financing. Alongside the product, the company has launched a dedicated digital platform designed to facilitate loan processing, with the stated aim of enhancing customer convenience and ensuring a smoother, more efficient experience for both customers and merchant partners.

The key details of the product launch, as disclosed under Regulation 30 of the SEBI Listing Regulations, are summarised below:

Market Opportunity

The launch aligns with a compelling market opportunity in India's smartphone financing segment. India currently ships approximately 150 to 170 million smartphones annually, with an average selling price of ₹12,000 to ₹15,000, placing the total addressable market at approximately ₹2.0 to ₹2.5 lakh crore per year. Smartphones alone constitute 40 to 50 per cent of the overall consumer durable financing market in India, making them the single largest and most strategically valuable category for new entrants in the consumer lending space.

Leadership and Merchant Perspective

Commenting on the launch, Ankur Agrawal, Chairperson, stated: "For years, we've helped businesses and promoters access capital. With Easy Mobile Financing, we're bringing that same trust and efficiency directly to the hands of everyday consumers. A smartphone today is not a luxury, it's a gateway to employment, education, and opportunity. Making it accessible through a five-minute loan approval, without the paperwork maze, is exactly the kind of impact we want Comfort Fincap to be known for."

A merchant from the pilot network also shared their experience: "This is the clearest loan process I have seen at a point-of-sale. My staff can onboard a customer independently, without waiting for a relationship manager or filling multiple forms. The customer understands the terms right away — no confusion, no delays. It's good for them and good for my business."

Strategic Alignment and How It Works

Traditionally focused on B2B financial products — including Promoter Funding, Loan against Shares, and Supply Chain Financing — Comfort Fincap is now expanding its portfolio into the retail consumer lending space. The Easy Mobile Financing journey is entirely digital and designed for speed. Merchant onboarding is completed through a streamlined digital portal requiring no physical paperwork. Once live, merchants can process customer loan applications directly at the point of sale using a DIY interface that guides them through each step with clear instructions, and customer eligibility is verified digitally with approvals confirmed within five minutes.

The Consumer Durable Loan product, along with its digital platform, is now operational. Stakeholders with queries may contact the company at care@comfortfincap.com or info@comfortfincap.com . The disclosure is also available on the company's website at www.comfortfincap.com . Comfort Fincap Limited is registered at 22, Block B, Camac Street, Behind Pantaloons, Kolkata, West Bengal – 700016, with its corporate office at A-301, Hetal Arch, S.V. Road, Opp. Natraj Market, Malad (West), Mumbai – 400064.