First Custodian Fund (India) Limited reported a net loss of ₹27.17 lakh for the fiscal year ended March 31, 2026, reversing a profit of ₹173.96 lakh in FY25. Gross income fell 84.50% to ₹47.21 lakh, driven by a sharp decline in other income. The company has scheduled its 40th Annual General Meeting (AGM) for Friday, September 25, 2026.

Financial Performance

The decline in profitability was primarily due to a significant drop in other income, which includes share trading gains and mutual fund income. Total expenses decreased to ₹73.27 lakh from ₹84.95 lakh in the previous year, but this reduction was insufficient to offset the revenue drop. Profit before tax turned negative at (₹26.05 lakh) compared to ₹219.66 lakh in FY25.

Revenue from operations, comprising interest and fees/commission income, stood at ₹19.46 lakh in FY26, down from ₹29.34 lakh in FY25. Other income contributed ₹27.76 lakh in FY26, a steep fall from ₹275.27 lakh in the prior year.

What the Numbers Show

The financial results highlight a heavy reliance on non-operating income for profitability. In FY25, other income accounted for approximately 90% of gross income. The collapse in this segment in FY26 exposed the thin operating margins, as operational revenue of ₹19.46 lakh was significantly lower than total expenses of ₹73.27 lakh. This divergence underscores the volatility associated with the company's investment activities compared to its core brokerage business.

Meeting Details

The AGM will be held virtually through Video Conferencing or Other Audio Visual Means, commencing at 4:00 pm. Central Depository Services (India) Limited (CDSL) will provide the video conferencing facility and e-voting services. The register of members and share transfer books will remain closed from Saturday, September 19, 2026, to Friday, September 25, 2026.

Shareholders holding shares as of the cut-off date, Friday, September 18, 2026, are eligible to attend and vote. Remote e-voting will begin on Tuesday, September 22, 2026, and end on Thursday, September 24, 2026. M/s P. C. Shah & Co., Practicing Company Secretaries, has been appointed as the scrutinizer for the voting process.

Director Re-Appointment

Mr. Manish Banthia seeks re-appointment as a director after retiring by rotation. He holds 37,395 equity shares in the company and has been involved in stock market trading for 26 years. Mr. Banthia attended four board meetings during FY26. His remuneration for the role is nil.

Alts Custodian today announced the launch of its new Private Markets Portfolio Construction and Modeling Platform, providing financial professionals with a method to evaluate alternative investments as part of an investor’s overall portfolio rather than in isolation.

The platform allows users to build an alternative-investment sleeve using multiple private-market offerings, adjust allocations, and compare the resulting portfolio against its traditional public-market baseline. It evaluates portfolios across multiple market environments, including economic scenarios, Monte Carlo simulations, and severe market stress.

Key Features

Users can analyze expected outcomes, potential downside, and liquidity requirements through different market cycles. The tool focuses on measuring how specific allocations affect return, liquidity, and risk before capital is deployed.

Strategic Expansion

This launch expands Alts Custodian’s offering into an integrated private-markets platform spanning investment research, due diligence, portfolio construction and modeling, and custody and administration. The firm works with financial advisors and private-market investment managers to facilitate the evaluation, integration, and administration of alternative investments within diversified portfolios.