Dhoot Industrial Finance Limited has announced its audited financial results for the quarter and year ended March 31, 2026, following a meeting of its Board of Directors on May 20, 2026. The company reported a turnaround in its quarterly performance, posting a net profit of ₹416.42 lakh for the three months ended March 31, 2026, compared to a net loss of ₹1551.29 lakh in the same period of the previous year. For the full year, the net profit stood at ₹1798.91 lakh, a slight decrease from ₹1888.33 lakh in the prior year.

Financial Performance

The total revenue from operations for the year ended March 31, 2026, was ₹4115.58 lakh, up from ₹4034.25 lakh in the previous year. The company's total income for the year increased to ₹4128.21 lakh from ₹4041.13 lakh in FY25. Total expenses for the year reduced to ₹1880.65 lakh compared to ₹2380.98 lakh in the preceding year, contributing to the profitability. The basic earnings per share (EPS) for the year was recorded at ₹28.47.

The table below summarizes the key financial figures for the year ended March 31, 2026, compared to the previous year:

Dividend Recommendation

The Board of Directors has recommended a final dividend of ₹1.50 per equity share of the face value of ₹10 each, equivalent to 15% of the face value, for the financial year ended March 31, 2026. This dividend is subject to the approval of the shareholders.

Corporate Governance Appointments

In addition to the financial results, the Board approved the appointment of M/s. P. P. Mutha & Associates, Chartered Accountants, as Internal Auditors for the FY 2026-27. The Board also recommended the re-appointment of Mr. Rajgopal Ramdayal Dhoot as a Non-executive Director, who retires by rotation. Furthermore, Ms. Priyanka Kothari was appointed as an Additional Independent Director for a term of five years commencing from May 20, 2026.

Strategic Update

The company informed the stock exchanges that it proposes to apply to the Reserve Bank of India (RBI) for de-registration as a Non-Banking Financial Company (NBFC) and surrender its Certificate of Registration. This move is in line with the RBI Amendment Directions, 2026, which exempt certain NBFCs from registration requirements. The company stated that this application would not impact its business monetarily or otherwise, and it remains authorized to continue its existing activities including investments.

Dhoot Industrial Finance Limited has successfully completed the amendment of its Memorandum of Association following its registration as a Type-I Non-Banking Financial Company (NBFC-ND) with the Reserve Bank of India. The company disclosed the completion of this regulatory requirement through a filing dated April 13, 2026, pursuant to Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

RBI Registration and Compliance Requirements

The company received significant regulatory approval when the RBI granted its application for registration as a Type-I NBFC-ND after meeting the Principal Business Criteria. The Reserve Bank of India issued a Certificate of Registration dated December 4, 2025, under Section 45-IA of the Reserve Bank of India Act, 1934, formally permitting the company to carry on NBFC activities subject to compliance with applicable laws and regulatory conditions.

As a mandatory condition of this registration, the RBI required the company to align its Memorandum of Association with its new NBFC status, necessitating formal amendments to the constitutional documents.

Postal Ballot Approval and MOA Amendments

Shareholders approved the alteration of the Memorandum of Association through a special resolution passed via postal ballot, with the notice dated February 11, 2026. The amendments specifically targeted the Objects Clause of the MOA to ensure alignment with the company's classification as a Type-I NBFC-ND.

The new Clause 84 under Clause III(B) was specifically inserted to expressly authorize the company to undertake financing and lending activities in compliance with RBI regulations.

Business Classification and Industry Impact

While the fundamental business operations of Dhoot Industrial Finance Limited remain unchanged, the company's industry classification has been formally updated to reflect its new regulatory status. The Corporate Identification Number (CIN) classification now reflects the company's position within the financial services sector, specifically as a Non-Banking Financial Company.

Regulatory Compliance and Benefits

The amendment process was undertaken specifically to comply with conditions stipulated by the Reserve Bank of India during the registration process. This ensures the company's adherence to regulatory requirements and directions prescribed by the RBI for NBFC operations. The successful completion of these amendments positions the company to operate within the regulatory framework established for Type-I NBFCs while maintaining compliance with all applicable laws and conditions.

The disclosure was made in continuation of previous regulatory filings dated May 27, 2024, December 5, 2025, and February 11, 2026, demonstrating the company's commitment to transparent regulatory compliance throughout the registration and amendment process.