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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?




























