KIFS Financial Services has scheduled its 31st annual general meeting for September 29, 2026. The board recommended a final dividend of ₹1.55 per equity share for FY26.

The meeting will be held via video conferencing or other audio-visual means. Shareholders on record as of September 22, 2026, are eligible to receive the dividend and cast their votes.

Key Dates and Voting Details

Remote e-voting will open on September 26, 2026, and close on September 28, 2026. The company has closed its transfer books from September 23 to September 29, 2026.

Board Reappointment

Shareholders will vote on the reappointment of Mr. Vimal Parmanand Khandwala as a director retiring by rotation. He serves as an executive director and brings over two decades of experience in stock broking and fund management.

Financial Performance for FY26

The company reported revenue from operations of ₹3,599.44 lakh for the financial year ended March 31, 2026, an increase of 23.61% compared to ₹2,911.86 lakh in the previous year. Net profit stood at ₹798.58 lakh, a slight decline of 0.99% from ₹806.52 lakh in FY25. Earnings per share were ₹7.38, down from ₹7.46.

Dividend and Tax Implications

The final dividend, if approved, will be paid within 30 days of the AGM. Resident shareholders may face tax deduction at source (TDS) of 10% or 20%, depending on PAN validity and Aadhaar linkage. Non-resident shareholders are subject to TDS rates under applicable tax treaties.

KIFS Financial Services reported a net profit of ₹203.81 lakh for the quarter ended June 30, 2026, up from ₹168.40 lakh in the corresponding period of FY25. The Ahmedabad-based non-banking financial company saw its total income from operations rise by 27.7% YoY to ₹1,252.65 lakh, reflecting robust top-line growth despite a slower expansion in bottom-line profitability.

The board of directors approved the unaudited standalone financial results on August 13, 2026. Earnings per share (EPS) for continuing operations stood at ₹1.88, compared to ₹1.56 in Q1FY25. The company’s paid-up equity share capital remained unchanged at ₹1,081.80 lakh.

What the Numbers Show

The divergence between revenue and profit growth highlights a key operational dynamic for KIFS Financial Services. While operating income surged by nearly 28%, net profit before tax grew at a more modest 20.5% pace, rising from ₹225.04 lakh to ₹271.29 lakh. This suggests that cost structures or interest expenses may have expanded faster than revenue generation during the period, compressing overall margins despite higher sales volumes.

Key Financial Metrics

The full format of the unaudited quarterly financial results is available on the company website and the BSE website.