J A Finance has dispatched the notice for its 33rd Annual General Meeting to registered shareholders. The company confirmed the dispatch of the notice and the annual report for FY26 on August 19, 2026.

The communication was executed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. J A Finance informed the BSE Limited and The Calcutta Stock Exchange Limited regarding the intimation.

Central Depository Services (India) Limited (CDSL) completed the emailing process to shareholders on August 19, 2026. The company attached a copy of the confirmation received from CDSL with its disclosure.

Simi Sen, Company Secretary of J A Finance, signed the intimation. The notice pertains to the financial year ending March 2026.

JA Finance reported a net profit of ₹54.05 lakh for the financial year ended March 31, 2026 (FY26), marking a significant turnaround from the net loss of ₹4.48 lakh posted in the previous year. The Kolkata-based non-banking financial company (NBFC) saw its total revenue grow by approximately 22% to ₹278.70 lakh, driven primarily by higher interest income from its lending portfolio.

The Board of Directors has scheduled the 33rd Annual General Meeting for September 16, 2026, to adopt the audited financial statements and consider the re-appointment of Dilip Kumar Goyal as a director. No dividend was recommended for the year under review.

Financial Performance

Revenue from operations stood at ₹278.70 lakh in FY26, up from ₹227.11 lakh in FY25. Interest income, the primary revenue driver, increased 30% to ₹277.85 lakh from ₹213.62 lakh. However, this growth was partially offset by a sharp rise in finance costs, which more than tripled to ₹104.83 lakh from ₹32.71 lakh in the prior year.

Profit before tax declined to ₹79.05 lakh from ₹110.38 lakh due to the disproportionate rise in expenses. Total expenses surged nearly 70% to ₹199.65 lakh, largely influenced by higher interest outlays and an impairment charge on financial instruments of ₹19.54 lakh, compared to just ₹0.36 lakh in FY25.

What the Numbers Show

The profitability turnaround was not driven by operational efficiency but rather by a significant reduction in tax expenses. While profit before tax fell by over 28%, the tax expense dropped drastically from ₹114.86 lakh in FY25 to ₹25.00 lakh in FY26. This reduction was primarily due to an adjustment of taxes from earlier years, which stood at ₹89.67 lakh in the prior year versus only ₹0.16 lakh in FY26. Consequently, the effective tax rate normalized, allowing the company to convert a pre-tax decline into a post-tax profit.

Balance Sheet and Capital Structure

As of March 31, 2026, total assets decreased slightly to ₹2,334.94 lakh from ₹2,418.29 lakh. Loans, the core asset class, reduced to ₹2,178.45 lakh from ₹2,282.82 lakh. Borrowings also contracted significantly to ₹255.75 lakh from ₹396.31 lakh, improving the net debt position.

Total equity rose to ₹2,063.48 lakh from ₹2,004.58 lakh, bolstered by retained earnings and other comprehensive income of ₹4.85 lakh. The company maintained a capital adequacy ratio of 0.94%, up from 0.84% in the previous year.

Corporate Governance

Ms. Deepa Kumari Saha was appointed as an Independent Director effective April 30, 2025, replacing Ms. Medhavi Lohia who completed her tenure. Ms. Sneha Goyal serves as the Chief Financial Officer, having been appointed in November 2025. The statutory auditors, M/s. S K Naredi & Co LLP, confirmed no qualifications or adverse remarks in their report.