Goenka Business & Finance FY26 Results: Net profit turns positive at ₹4.61 crore

scanx
Reviewed by
Ashish TScanX News Team
Key Highlights
  • Net profit turned positive at ₹4.61 crore in FY26, reversing a loss of ₹33.47 lakh
  • Revenue from operations surged 109.27% YoY to ₹15,701.50 lakh
  • Board recommended a final dividend of ₹0.50 per equity share
  • SEBI imposed a ₹1 crore penalty and five-year market ban; appeal filed
  • Statutory auditor changed to M/s V S S B & Associates
powered bylight_fuzz_icon
50090138

*this image is generated using AI for illustrative purposes only.

Goenka Business & Finance reported a net profit after tax of ₹4.61 crore for the fiscal year ended March 31, 2026, reversing a net loss of ₹33.47 lakh in the preceding year. The company’s revenue from operations more than doubled to ₹15,701.50 lakh, up from ₹7,502.71 lakh in FY25.

The NBFC also recommended a final dividend of ₹0.50 per equity share, representing a 5% payout on the face value of ₹10. The Board of Directors approved these financials in a meeting held on September 3, 2026.

Financial Performance

The company’s operational revenue surged by 109.27% year-on-year, driven by higher trading volumes and lending activities. Interest income rose to ₹2,119.32 lakh from ₹1,352.27 lakh in the previous year. Sale of shares contributed ₹13,579.77 lakh to revenue, up significantly from ₹6,149.89 lakh.

However, finance costs increased to ₹2,151.77 lakh from ₹1,690.31 lakh, reflecting the expansion in the loan book and financial liabilities. Other income declined sharply to ₹36.92 lakh from ₹308.30 lakh, primarily due to the absence of a one-time gain on the sale of business interest recorded in the prior year.

Metric FY26 (₹ Lakh) FY25 (₹ Lakh) Change
Revenue from Operations 15,701.50 7,502.71 +109.27%
Profit Before Tax 641.58 (50.73) Turnaround
Net Profit After Tax 460.65 (58.38) Turnaround
Total Assets 39,607.34 19,875.76 +99.27%

What the Numbers Show

The turnaround in profitability was driven entirely by operational scale rather than margin expansion. While revenue doubled, total expenses rose to ₹12,943.77 lakh from ₹6,169.38 lakh. Notably, other expenses jumped to ₹1,398.56 lakh, including a significant bad debt write-off of ₹460.81 lakh and professional fees of ₹349.95 lakh. This indicates that while top-line growth is robust, cost management and credit quality remain key focus areas as the company scales its asset base.

Balance Sheet and Regulatory Updates

Total assets nearly doubled to ₹39,607.34 lakh, with loans standing at ₹32,099.97 lakh. Other financial liabilities increased to ₹35,366.37 lakh, supporting the growth in the loan book. Cash and cash equivalents improved to ₹386.66 lakh from ₹91.72 lakh.

The company disclosed a final order from SEBI dated June 30, 2026, imposing a monetary penalty of ₹1 crore. The regulator has restrained the company from accessing the securities market for five years. Goenka Business & Finance has filed an appeal against this order. Additionally, the company appointed M/s V S S B & Associates as its new statutory auditors for a five-year term.

Corporate Actions

The 39th Annual General Meeting will be held on September 29, 2026, via video conferencing. Key agenda items include:

  • Re-appointment of Mr. Yasin Gori as Whole Time Director.
  • Re-appointment of Ms. Charmi Parikh as Independent Director for a second term.
  • Confirmation of Mr. Atul Sheth’s appointment as Independent Director.
  • Adoption of the audited financial statements for FY26.

Historical Stock Returns for Goenka Business & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.01%-2.80%-0.21%+14.07%+2.21%0.0%

How will the SEBI-imposed five-year ban on accessing the securities market impact Goenka Business & Finance's ability to raise fresh capital for its expanding loan book?

Given the significant bad debt write-off of ₹460.81 lakh, what specific credit risk mitigation strategies is the company implementing to ensure future asset quality?

Will the company's reliance on trading revenue, which contributed over 86% of total operations, expose it to higher volatility in future fiscal years compared to stable lending income?

Goenka Business & Finance
View Company Insights
View All News
like19
dislike

Goenka Business & Finance appoints Priya Jain as Company Secretary

scanx
Reviewed by
Jubin VScanX News Team
Key Highlights

Goenka Business & Finance Ltd has appointed Ms. Priya Jain as Company Secretary & Compliance Officer effective July 17, 2026. The Board confirmed the appointment, noting Jain's eight years of experience and her lack of familial ties to the company's directors.

powered bylight_fuzz_icon
45819607

*this image is generated using AI for illustrative purposes only.

Goenka Business & Finance Ltd has appointed Ms. Priya Jain as its Company Secretary & Compliance Officer effective July 17, 2026, to strengthen its corporate governance framework. The appointment was confirmed by the Board of Directors during a meeting held on the same day. Jain is a member of the Institute of Company Secretaries of India and possesses over eight years of pre-qualification and post-qualification experience working with listed and unlisted companies in their secretarial departments.

The company informed the exchanges, including BSE Limited, Metropolitan Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited, regarding the new appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made by Yasin Gori, Whole Time Director of Goenka Business & Finance Ltd.

Appointment Details

The following table outlines the key particulars of the appointment:

Sr. No. Particulars Details
1 Name of the Company Secretary and Compliance officer Ms. Priya Jain
2 Date of Appointment 17 July 2026
3 Brief profile Ms. Priya Jain is a member of Institute of Company Secretaries of India. She has more eight years of pre-qualification and post-qualification experience of working with Listed and Unlisted Companies in secretarial department.
4 Relationship with the Directors Ms. Priya Jain is not related to any Directors of the Company.

The company confirmed that Ms. Jain is not related to any of the Directors of the company. Goenka Business & Finance Ltd is registered with the RBI as an NBFC and holds the registration number 05.00614.

Historical Stock Returns for Goenka Business & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.01%-2.80%-0.21%+14.07%+2.21%0.0%

How will Ms. Jain's appointment influence Goenka Business & Finance's compliance strategy given the evolving NBFC regulations?

What specific corporate governance improvements does the company plan to implement under her leadership?

Will this appointment lead to any changes in the company's disclosure practices or transparency with stakeholders?

Goenka Business & Finance
View Company Insights
View All News
like20
dislike

More News on Goenka Business & Finance

1 Year Returns:+2.21%