Haryana Financial returns to profit in FY26

1 min read     Updated on 29 May 2026, 11:18 PM
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AI Summary

Haryana Financial Corporation reported a net profit of ₹7.74 crore for FY26, a turnaround from the previous year's loss, with total income increasing to ₹10.09 crore. The Board approved the audited results on May 29, 2026, while auditors noted material uncertainty regarding the Corporation's status as a going concern due to ongoing winding-up and delisting proceedings.

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Haryana Financial Corporation reported a net profit of ₹7.74 crore for the financial year ended March 31, 2026, reversing its financial position from a net loss of ₹5.99 crore in the previous year. The Board of Directors approved the audited annual financial results for FY26 on May 29, 2026. The Corporation has recommended to the State Government for winding up under Section 45 of the SFCs Act, 1951, and the State Government has decided to delist the shares from the Bombay Stock Exchange, a process currently underway.

The financial performance for the year shows a significant recovery, with total income rising to ₹10.09 crore from ₹4.16 crore in FY25. The Corporation reported a basic and diluted earnings per share (EPS) of ₹0.37 for the year. The Board meeting, which commenced at 04:45 PM and concluded at 06:10 PM, also approved the financial results for the quarter ended March 31, 2026.

Financial Highlights

The Corporation's assets and liabilities as of March 31, 2026, reflect the ongoing winding-up process. The auditors, AARSH & Associates, highlighted a material uncertainty regarding the Corporation's ability to continue as a going concern due to the winding-up recommendation and delisting decision. However, the opinion was not modified in respect of this matter.

Metric FY26 (₹ crore) FY25 (₹ crore)
Total Income 10.09 4.16
Net Profit/(Loss) 7.74 (5.99)
EPS (₹) 0.37 (0.00)
Gross NPA (%) 0.64 0.64
Net NPA (%) 0.00 0.00

The results were approved pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Corporation's paid-up equity share capital stands at ₹20.77 crore. The State Government holds 97.78% of the total shareholding, while private shareholders hold 0.54%.

Historical Stock Returns for HARAFIN

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-18.13%+3.31%+160.85%

What is the expected timeline for the completion of the delisting process from the Bombay Stock Exchange?

How will the remaining private shareholders be compensated during the winding-up process?

What specific strategies contributed to the significant increase in total income during the final fiscal year?

Haryana Financial Corporation and SIDBI File Non-Encumbrance Declarations for FY26

1 min read     Updated on 08 Apr 2026, 02:42 AM
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Haryana Financial Corporation received non-encumbrance declarations from its promoter and SIDBI for FY26. The Governor of Haryana confirmed no share encumbrance through the Industries & Commerce Department, while SIDBI declared no encumbrance on its 43,26,550 equity shares. Both filings comply with SEBI (SAST) Regulation 31(4) requirements and were submitted to BSE Limited on April 07, 2026.

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Haryana Financial Corporation has received regulatory compliance declarations from its key stakeholders regarding share encumbrance for the Financial Year 2025-26. The declarations, filed under SEBI regulations, confirm that no encumbrance activities occurred during the fiscal period.

Promoter Declaration Details

The Governor of Haryana, acting through the Department of Industries and Commerce, Government of Haryana, submitted a formal declaration on April 07, 2026. The promoter, along with persons acting in concert, confirmed no encumbrance of shares was made directly or indirectly during Financial Year 2025-26 ended on March 31, 2026.

Parameter: Details
Filing Date: April 07, 2026
Reporting Period: FY 2025-26
Regulation: SEBI (SAST) Regulation 31(4)
Promoter Entity: Governor of Haryana through Industries & Commerce Dept
Encumbrance Status: Nil

SIDBI Shareholding Declaration

Small Industries Development Bank of India (SIDBI) filed a separate declaration confirming compliance with the same regulatory requirements. SIDBI holds a substantial equity position in the company and submitted detailed shareholding information.

Parameter: Details
Equity Shares Held: 43,26,550 shares
Shareholder Type: Institutional Investor
Declaration Date: April 07, 2026
Encumbrance Status: Nil
Signatory: Sumita Chowdhury, General Manager

Regulatory Compliance Framework

Both declarations were submitted pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and substantial shareholders to disclose any encumbrance activities during the financial year. The filings were directed to BSE Limited's Listing Compliance Monitoring Team for official records.

The declarations serve as formal compliance documents ensuring transparency in shareholding patterns and encumbrance activities. Both the promoter entity and SIDBI confirmed adherence to regulatory disclosure requirements for the completed financial year.

Corporate Communication

The company's communication was coordinated through its registered office at 30 Bays Building, Sector 17-C, Chandigarh. SIDBI's declaration was issued from its Mumbai headquarters at Bandra Kurla Complex. Both entities maintained proper documentation and signatory protocols as required under corporate governance standards.

Historical Stock Returns for HARAFIN

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-18.13%+3.31%+160.85%

Will Haryana Financial Corporation pursue any strategic partnerships or capital raising initiatives in FY 2026-27 that might involve share encumbrance?

How might SIDBI's substantial 43.26 lakh share holding influence the company's future lending policies and small industry financing strategies?

What expansion plans does Haryana Financial Corporation have for the current fiscal year that could impact its shareholding structure?

More News on HARAFIN

1 Year Returns:+3.31%