JMJ Fintech Limited reported a net profit of ₹174.67 lakh for the fourth quarter ended March 31, 2026 (Q4FY26), a sharp increase from ₹66 lakh in Q4FY25. The BSE-listed non-banking financial company (NBFC) posted total income of ₹540.62 lakh and EBITDA of ₹332 lakh for the period, reflecting improved operational efficiency and lower provisioning costs compared to the previous year.

The investor presentation was submitted to the Bombay Stock Exchange on August 5, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing details the company’s financial performance for FY26 and outlines its strategic outlook for accelerated loan book expansion and digital lending ecosystem growth.

Financial Performance in Q4FY26

Interest income, the primary revenue driver, stood at ₹519.56 lakh in Q4FY26, up from ₹512.98 lakh in Q3FY26. Other income contributed ₹21.06 lakh. Total expenses were contained at ₹308.51 lakh, with finance costs at ₹92.42 lakh and employee benefits expenses at ₹107.48 lakh. Notably, the provision for non-performing assets (NPA) was minimal at ₹0.86 lakh, compared to ₹7.63 lakh in the preceding quarter, aiding bottom-line growth.

For the full fiscal year FY26, JMJ Fintech recorded a net profit of ₹759.83 lakh, up from ₹516.91 lakh in FY25. Revenue from operations totaled ₹2,199.38 lakh, driven by interest income of ₹2,159.61 lakh. EBITDA for the year reached ₹1,374.27 lakh, maintaining a robust margin of 62.48%.

Balance Sheet Strength

The company’s balance sheet strengthened considerably during FY26. Net worth rose to ₹5,603.45 lakh at the end of Q4FY26, up from ₹2,361 lakh in Q4FY25. This growth was supported by an increase in equity share capital to ₹3,726.91 lakh and reserves & surplus reaching ₹1,876.54 lakh. Loans and advances, the key asset class, expanded to ₹7,169.35 lakh, up from ₹4,265.33 lakh in FY25. Subordinated debts increased to ₹3,227.47 lakh, indicating active capital raising to fund asset growth.

What the Numbers Show

The divergence between revenue growth and margin expansion highlights operational leverage. While total income grew moderately, the significant reduction in NPA provisions—from ₹7.63 lakh in Q3FY26 to just ₹0.86 lakh in Q4FY26—directly boosted net profitability. Furthermore, the return on net worth improved to 13.56% in FY26, up from 6.50% in FY23, signaling better capital utilization. The debt-to-equity ratio remained healthy at 0.58, providing room for further leverage if needed for expansion.

JMJ Fintech reported a 47% increase in net profit to ₹759.83 lakh for the financial year ended March 31, 2026, compared to ₹516.91 lakh in the previous year. The non-banking financial company recorded total income from operations of ₹2,199.38 lakh for FY26, up from ₹1,714.72 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹174.67 lakh on a total income of ₹540.62 lakh.

The Board of Directors, at its meeting held on May 28, 2026, approved the Standalone Audited Financial Results and Financial Statements for the quarter and year ended March 31, 2026. The board also appointed Ms. Priya Krishnakumar as the Internal Auditor for the financial year 2026-2027. The statutory auditor, Mahesh C. Solanki & Co, issued an audit report with an unmodified opinion on the standalone financial statements.

Interest income for FY26 stood at ₹2,159.61 lakh, while fees income was ₹22.38 lakh. Total expenses for the year increased to ₹1,175.79 lakh from ₹769.16 lakh in the previous year. Finance costs for FY26 were ₹323.16 lakh, and employee benefit expenses amounted to ₹546.38 lakh. The company reported a profit before tax of ₹1,023.59 lakh for the year.

Financial Performance

The following table outlines the key financial metrics for JMJ Fintech for the quarter and year ended March 31, 2026:

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹8,957.64 lakh, a significant increase from ₹4,600.35 lakh in the previous year. Loans and advances, a major component of financial assets, grew to ₹7,169.35 lakh from ₹4,265.33 lakh. Cash and cash equivalents surged to ₹1,191.19 lakh from ₹191.59 lakh. On the liabilities side, equity share capital increased to ₹3,726.91 lakh from ₹1,280.00 lakh, while subordinated debts stood at ₹3,227.47 lakh compared to ₹2,048.89 lakh in the prior year.

Internal Audit Observations

The internal audit report for the quarter ended March 31, 2026, noted that due customers fell to 3,118 from 3,971 in the preceding quarter, indicating effective collection strategies. The audit also observed that confirmations from certain vendors, including Equifax Credit Info Services Pvt Ltd and Purva Share Registry (India) Pvt Ltd, had not been received at the time of audit. Additionally, it was advised that the Regional Office should acquire its own fire extinguisher for employee safety.