Indus Finance Limited has reported a significant improvement in its financial performance for the year ended March 31, 2026, with net profit rising to ₹200.62 lakhs from ₹107.81 lakhs in the previous fiscal year. The Board of Directors, at its meeting held on Wednesday, May 6, 2026, approved the audited standalone financial results for the quarter and full year ended March 31, 2026, along with a final dividend recommendation and notice for the 35th Annual General Meeting.

Financial Performance: Full Year and Q4 FY26

For the full year ended March 31, 2026, Indus Finance recorded total income of ₹936.04 lakhs, a sharp increase from ₹579.25 lakhs in FY25. Net profit for the year rose to ₹200.62 lakhs from ₹107.81 lakhs in the previous year. Profit before tax for FY26 stood at ₹243.62 lakhs, compared to ₹135.42 lakhs in FY25. The following table summarises the key income statement metrics:

For the quarter ended March 31, 2026, total income was ₹581.74 lakhs, compared to ₹127.11 lakhs in the corresponding quarter of the previous year. Net profit for Q4 FY26 stood at ₹146.29 lakhs versus ₹8.41 lakhs in Q4 FY25. A notable contributor to the quarter's income was Insurance Bonus of ₹473.92 lakhs, which was absent in the prior-year quarter.

Income Composition and Expense Breakdown

The full-year income was driven by interest income of ₹400.02 lakhs (FY25: ₹339.51 lakhs), insurance bonus of ₹473.92 lakhs (FY25: nil), net gain on fair value changes of ₹46.05 lakhs (FY25: nil), and profit on sale of investments of ₹2.91 lakhs (FY25: ₹208.05 lakhs). On the expense side, finance costs for FY26 were ₹287.59 lakhs (FY25: ₹180.42 lakhs), employee benefits stood at ₹112.83 lakhs (FY25: ₹96.52 lakhs), and bad debts of ₹171.47 lakhs were recorded in FY26 (FY25: nil).

Total comprehensive income for FY26 was ₹38.59 lakhs, recovering from a loss of ₹70.24 lakhs in FY25, after accounting for other comprehensive income of negative ₹162.03 lakhs (FY25: negative ₹178.05 lakhs), primarily reflecting remeasurement of investments in shares.

Balance Sheet Highlights

As at March 31, 2026, total assets stood at ₹3,449.74 lakhs, compared to ₹4,361.73 lakhs as at March 31, 2025. The decline was primarily due to a reduction in investments from ₹934.38 lakhs to ₹195.59 lakhs and a decrease in loans from ₹2,698.25 lakhs to ₹2,492.96 lakhs. Total borrowings (other than debt securities) reduced significantly to ₹1,107.24 lakhs from ₹2,027.05 lakhs. Total equity stood at ₹2,297.14 lakhs as at March 31, 2026, compared to ₹2,304.84 lakhs in the prior year.

Dividend, AGM, and Fund Raising

The Board has recommended a final dividend of ₹0.60 (Sixty Paise) per equity share of face value ₹10 each, fully paid-up, for FY2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The 35th Annual General Meeting is scheduled to be held on Friday, July 10, 2026, through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Register of Members will be closed from July 4, 2026 to July 10, 2026 (both days inclusive), and the record date for the AGM and dividend has been set as July 3, 2026.

Additionally, the company has established a dedicated internal committee tasked with identifying and evaluating strategies for fund raising.

Auditor's Report and Regulatory Compliance

Statutory auditors M/s. B.N. Misra & Co., Chartered Accountants (Firm Reg No: 321095E), issued an unmodified audit opinion on the financial results for the year ended March 31, 2026. The auditors confirmed that the financial statements give a true and fair view in conformity with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013. The audit report also confirmed that the company's internal financial controls over financial reporting were adequate and operating effectively as at March 31, 2026.

Key audit matters addressed included impairment of financial assets under the Expected Credit Loss (ECL) approach, with the company recognising an impairment loss allowance of ₹66.82 lakhs as at March 31, 2026, and the assessment of carrying value of equity investments in associates, including an investment in an associate company valued at ₹208.55 lakhs at book value. The auditors confirmed no material differences were noted in either area.

From a regulatory standpoint, the company holds a valid Certificate of Registration as an NBFC under Section 45-IA of the RBI Act, 1934, meets the net owned funds requirements, has not accepted any public deposits, and has complied with RBI prudential norms on income recognition, asset classification, and provisioning. The company has not been classified as an NBFC-MFI for the year ended March 31, 2026.

Indus Finance Ltd has fulfilled its regulatory obligations by submitting the mandatory compliance certificate under SEBI Regulation 74(5) of the Depositories and Participants Regulations, 2018, for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 9, 2026, confirming the company's adherence to dematerialization compliance requirements.

Regulatory Compliance Details

The company's submission addresses the mandatory reporting requirements under SEBI regulations, specifically focusing on the status of share dematerialization activities during the quarter. The compliance certificate was prepared based on confirmation received from the company's appointed Registrar and Transfer Agent.

RTA Confirmation and Process

Cameo Corporate Services Limited, serving as the company's Registrar and Transfer Agent, provided comprehensive confirmation regarding the dematerialization process. The RTA confirmed that dematerialization requests from shareholders were received during the quarter ended March 31, 2026, and were processed in accordance with regulatory requirements.

The RTA's confirmation certificate, dated April 6, 2026, outlined the complete dematerialization process undertaken during the quarter. Key aspects of the process included proper verification, acceptance or rejection of securities, and adherence to prescribed timelines.

Dematerialization Process Compliance

The RTA confirmed several critical compliance aspects of the dematerialization process:

• Securities received from depository participants were confirmed to depositories within prescribed timelines
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Names of depositories were substituted in the Register of Members as registered owners within 15 days

Corporate Information

Indus Finance Ltd, incorporated under CIN L65191TN1992PLC022317, maintains its operations from Chennai. The company's compliance officer, K K Dinakar, who serves as Company Secretary and Compliance Officer, signed the submission to BSE Limited, ensuring proper authorization and accountability for the regulatory filing.

The submission represents the company's ongoing commitment to maintaining transparency and regulatory compliance in its share transfer and dematerialization activities, providing stakeholders with assurance regarding proper handling of their securities.