Crescentis Capital Limited delivered a strong financial performance in the first quarter of FY26, with net profit surging 133% year-on-year to ₹78.2 crore. The non-banking financial company (NBFC) recorded revenue from operations of ₹109.4 crore, a significant increase from ₹49.5 crore in Q1FY25.

The results were approved by the Board of Directors at a meeting held on August 13, 2026. The figures are unaudited and prepared in accordance with Indian Accounting Standards (Ind AS) and Reserve Bank of India guidelines.

Financial Highlights

The company generated a profit before tax of ₹96.2 crore, compared to ₹41.1 crore in the corresponding period of the previous fiscal. Total comprehensive income stood at ₹79.3 crore.

What the Numbers Show

The divergence between revenue growth (121%) and profit growth (133%) indicates improved operating leverage during the quarter. With a debt-to-equity ratio of just 0.1x, Crescentis Capital maintains a conservative leverage profile while expanding its earnings base. The net worth increased to ₹839.2 crore from ₹330.3 crore a year ago, bolstered by retained earnings and other equity reserves.

The NBFC operates in a single domestic segment focused on financing and investment activities. Previous period EPS figures have been restated to reflect the bonus element arising from a rights issue completed in July 2025.

crescentis capital will hold its 33rd Annual General Meeting (AGM) on Wednesday, August 26, 2026, at 12:00 Noon via Video Conferencing/Other Audio Visual Means (OAVM). The meeting aims to secure shareholder approval for critical governance matters, including the re-appointment of key executives with revised compensation structures and a substantial employee stock option grant, signaling the company’s focus on stabilizing leadership as it transitions into active lending operations.

The Board of Directors has recommended the re-appointment of Mr. Subba Rao Veeravenkata Meka as Managing Director and Mr. Bhavanam Ruthvik Reddy as Whole-Time Director & Chief Executive Officer for a period of five years, commencing from September 12, 2026, and ending on September 11, 2031. Both executives are liable to retire by rotation but have offered themselves for re-appointment following the recommendation of the Nomination and Remuneration Committee.

Executive Remuneration Revisions

The proposed remuneration packages reflect an increase in base salaries for both roles, effective from the start of their new terms. The revisions are structured in accordance with Schedule V of the Companies Act, 2013, allowing for payment even in the event of inadequate profits.

In addition to basic salaries, both executives are entitled to perquisites including medical reimbursement, leave travel allowance, and house maintenance, subject to statutory ceilings. They will also receive annual performance incentives determined by the Board or the Nomination and Remuneration Committee, payable after the adoption of annual accounts. An annual increment of up to 10% on the monthly basic salary may be granted based on performance evaluation.

Employee Stock Option Grant

A special resolution seeks shareholder approval for the grant of up to 10,00,000 Employee Stock Options (ESOs) to Mr. Subba Rao Veeravenkata Meka under the Crescentis Capital Limited Employees' Stock Option Scheme, 2025 (CCL ESOS 2025). This grant exceeds one percent of the issued capital, necessitating specific shareholder consent under Regulation 6(3)(d) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The Nomination and Remuneration Committee, acting as the Compensation Committee, has already approved the initial grant of 5,00,000 ESOs. The resolution authorizes the Committee to grant the remaining balance of up to 5,00,000 ESOs in one or more tranches during the same or subsequent financial years, subject to the aggregate limit of 10,00,000 options. Each vested option entitles the grantee to subscribe to one equity share of face value ₹10, ranking pari passu with existing shares.

Voting and Meeting Details

Shareholders holding shares as of the cut-off date, Friday, August 21, 2026, are eligible to vote. Remote e-voting will be facilitated by National Securities Depository Limited (NSDL) from August 22, 2026, at 09:00 AM to August 25, 2026, at 05:00 PM. Members who cast their votes remotely may attend the AGM but cannot vote again during the meeting. Proxy appointments are not available for this AGM, though body corporates may appoint authorized representatives.

The company, formerly known as Som Datt Finance Corporation Limited, changed its name effective January 6, 2026, following shareholder approval via postal ballot. The AGM notice and Annual Report for FY2025-26 were dispatched electronically on July 30, 2026, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.