First Fintec narrows FY26 loss to ₹0.54 million on revenue rise

2 min read     Updated on 30 May 2026, 07:07 PM
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First Fintec Limited reported a narrowed net loss of ₹0.54 million for FY26, improved from ₹0.95 million in the previous year, supported by a rise in revenue from operations to ₹25.29 million. For Q4FY26, the company recorded a net loss of ₹3.25 million. The Board approved the audited results on May 30, 2026, and JMT & Associates issued an unmodified audit opinion.

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First Fintec Limited narrowed its net loss to ₹0.54 million for the financial year ended March 31, 2026, compared to a net loss of ₹0.95 million in the previous year, as revenue from operations increased. The Board of Directors approved the audited results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The company operates in the Fintec/Edtec segment and submitted the results pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015.

Revenue from operations for FY26 stood at ₹25.29 million, up from ₹18.31 million in the previous year. Total income for the year increased to ₹27.41 million from ₹22.16 million. The company reported a profit before tax of ₹0.15 million for the year, compared to ₹0.20 million in the prior year. Basic and diluted earnings per share for the year were reported at a loss of ₹0.05, improving from a loss of ₹0.09 in FY25.

For the quarter ended March 31, 2026, First Fintec Limited recorded a net loss of ₹3.25 million, widening from the net loss of ₹2.91 million in the corresponding quarter of the previous year. Revenue from operations for Q4FY26 was ₹4.28 million, slightly lower than the ₹4.34 million reported in Q4FY25. Total expenses for the quarter rose to ₹7.91 million from ₹7.74 million in the same period last year.

The company's balance sheet as of March 31, 2026, showed total assets of ₹123.97 million, marginally higher than ₹123.90 million in the previous year. Non-current assets, which include tangible assets and goodwill, stood at ₹109.67 million. Current assets decreased to ₹14.29 million from ₹14.21 million, with cash and cash equivalents dropping to ₹0.10 million from ₹0.27 million.

Equity and liabilities totaled ₹123.97 million. Equity share capital remained constant at ₹104.03 million, while reserves and surplus decreased to ₹1.19 million from ₹1.72 million. Deferred tax liabilities increased to ₹15.48 million from ₹14.82 million. Short-term borrowings reduced to ₹2.46 million from ₹2.54 million.

The cash flow statement for FY26 showed a net decrease in cash and cash equivalents of ₹0.17 million. Cash generated from operations was ₹1.56 million, compared to a negative cash flow of ₹0.88 million in the previous year. Cash used in investing activities was ₹1.64 million, while financing activities resulted in a net outflow of ₹0.09 million.

Financial Performance Summary

Particulars Year Ended 31.03.2026 (₹ Mn) Year Ended 31.03.2025 (₹ Mn)
Revenue from Operations 25.29 18.31
Total Income 27.41 22.16
Total Expenses 27.26 21.96
Net Profit/(Loss) (0.54) (0.95)
Basic EPS (₹) (0.05) (0.09)

JMT & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. The report confirmed that the results give a true and fair view in conformity with the Indian Accounting Standards. The notes to accounts indicate that the company foresees a large-scale contraction in demand, which could result in significant downsizing of its employee base.

Historical Stock Returns for First Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
+3.70%+5.26%-0.28%+7.69%+2.94%+22.81%

What specific factors are driving the anticipated large-scale contraction in demand mentioned in the notes to accounts?

How will the potential significant downsizing of the employee base impact the company's operational capabilities and future growth prospects?

With cash and cash equivalents dropping to ₹0.10 million, what strategies will the company employ to improve liquidity and fund operations?

First Fintec Limited Schedules Board Meeting on May 30, 2026 to Approve Audited Financial Results for Q4 and Full Year FY26

1 min read     Updated on 09 May 2026, 12:10 PM
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First Fintec Limited has notified the Bombay Stock Exchange of a Board of Directors meeting scheduled for May 30, 2026. The primary agenda item is the consideration and approval of audited financial results for the quarter and year ended March 31, 2026. The intimation was dated May 8, 2026, and issued from Mumbai by V.S.R. Sastry, Director, COO & Compliance Officer of the company.

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First Fintec Limited has informed the Bombay Stock Exchange of a forthcoming Board of Directors meeting, scheduled for May 30, 2026. The intimation, dated May 8, 2026, was submitted to the Department of Corporate Services at BSE Limited, P.J. Towers, Dalal Street, Mumbai, and signed by V.S.R. Sastry, Director, COO & Compliance Officer of the company.

Board Meeting Agenda

The board meeting has been convened to deliberate on key corporate matters. The following items are on the agenda for the meeting:

  • Audited Financial Results: Consideration and approval of the audited financial results for the quarter and year ended March 31, 2026.
  • Other Business: Any other business with the permission of the Chair.

Meeting Details at a Glance

The key details of the scheduled board meeting are summarised below:

Parameter: Details
Meeting Date: May 30, 2026
Intimation Date: May 8, 2026
Results Period: Quarter and year ended March 31, 2026
Results Type: Audited Financial Results
Signatory: V.S.R. Sastry, Director & COO & Compliance Officer
Place: Mumbai

The filing was made in compliance with applicable regulatory requirements and addressed to the Manager, Department of Corporate Services, Bombay Stock Exchange Limited. The notice confirms that the board will review and approve the company's audited financials covering both the fourth quarter and the full financial year ended March 31, 2026.

Historical Stock Returns for First Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
+3.70%+5.26%-0.28%+7.69%+2.94%+22.81%

How has First Fintec's revenue and profitability trended over the full financial year ended March 31, 2026, compared to the previous fiscal year?

Will the board consider announcing any dividend distribution or capital allocation changes alongside the approval of the audited financial results?

Are there any anticipated strategic expansions, partnerships, or product launches that First Fintec's management may disclose following the board meeting?

More News on First Fintec

1 Year Returns:+2.94%