Franklin Leasing and Finance Limited reported a decline in financial performance for the financial year ended March 31, 2026, with net profit falling to ₹17.34 lakh from ₹20.79 lakh in the previous year. The company's total revenue from operations decreased to ₹960.01 lakh in FY26, compared to ₹1,358.88 lakh in FY25, primarily driven by a reduction in income from the sale of shares. The Board of Directors approved the audited financial results during a meeting held on May 21, 2026.

Financial Performance

The company's interest income for the year stood at ₹151.78 lakh, an increase from ₹109.13 lakh in the prior year. However, income from the sale of shares dropped significantly to ₹807.49 lakh from ₹1,249.60 lakh in FY25. Total expenses for FY26 were reported at ₹936.58 lakh, lower than the ₹1,330.79 lakh recorded in the previous financial year. Profit before tax for the period was ₹23.43 lakh, down from ₹28.09 lakh in FY25.

Operational Metrics

Earnings per share (EPS) for the year decreased to ₹0.110 from ₹0.132 in the corresponding previous year. The company's paid-up equity share capital remained constant at 1,57,82,400 shares with a face value of ₹10.00. The statutory auditors, SSRV & Associates, provided an unmodified opinion on the standalone annual financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Balance Sheet and Cash Flows

The total assets of the company as of March 31, 2026, stood at ₹3,822.27 lakh, a slight decrease from ₹3,898.26 lakh in the previous year. Financial assets constituted the majority of the total assets, amounting to ₹3,308.55 lakh. The company reported a net cash flow from operating activities of (₹390.54) lakh, while investing activities generated a positive cash flow of ₹460.25 lakh. Consequently, the closing cash and cash equivalents for the year increased to ₹108.72 lakh from ₹39.01 lakh at the end of FY25.

Franklin Leasing and Finance Limited has released its audited financial results for the year ended March 31, 2026. The company reported a net profit of ₹17.34 lakh for the fiscal year, compared to ₹20.79 lakh in the previous year. Total income for the period stood at ₹960.01 lakh, down from ₹1,358.88 lakh in the corresponding period last year.

Financial Performance

The company's revenue from operations for the year ended March 31, 2026, was ₹960.01 lakh. This figure includes interest income of ₹151.78 lakh and dividend income of ₹0.74 lakh. Additionally, the sale of shares contributed ₹807.49 lakh to the total revenue. In comparison, the previous year's revenue from operations was significantly higher at ₹1,358.88 lakh, largely driven by share sales amounting to ₹1,249.60 lakh.

Total expenses for the year were reported at ₹936.58 lakh. A major component of the expenses was purchases of stock-in-trade, which amounted to ₹848.83 lakh. Employee benefits expense for the year was ₹21.62 lakh, while finance costs stood at ₹0.62 lakh.

Key Metrics

The profit before tax for the year was ₹23.43 lakh, a decrease from the ₹28.09 lakh reported in the prior year. The company paid a current tax of ₹6.09 lakh during the fiscal year. Earnings per equity share (basic and diluted) for continuing operations were recorded at ₹0.110 for the year ended March 31, 2026.

Assets and Liabilities

As of March 31, 2026, the company's total assets were valued at ₹3,822.27 lakh. Financial assets constituted the majority of this amount, totaling ₹3,308.55 lakh, which included loans of ₹2,307.51 lakh and investments of ₹701.38 lakh. Non-financial assets were recorded at ₹513.72 lakh, consisting primarily of inventories.

On the liabilities side, total equity stood at ₹3,807.98 lakh, while total liabilities were reported at ₹14.29 lakh. The company's cash and cash equivalents as of the reporting date were ₹108.72 lakh, comprising cash in hand of ₹33.05 lakh and deposits with banks of ₹75.67 lakh.

Board Approval

The audited financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on May 21, 2026. The statutory auditors, SSRV & Associates, issued an unmodified opinion on the standalone annual financial results.