KJMC Financial Services has fixed September 21, 2026 as the record date for determining shareholder eligibility for the final dividend for the financial year ended March 31, 2026 (FY26). The Mumbai-based non-banking financial company (NBFC) previously reported a 100% increase in standalone net profit to ₹16.3 crore for FY26, up from ₹8.1 crore in the prior year.

The Board of Directors had recommended a final dividend of ₹1 per equity share of face value ₹10 each, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The meeting is scheduled for September 28, 2026.

Financial Performance

Total revenue from operations on a standalone basis rose to ₹59.3 crore in FY26, compared to ₹49.2 crore in FY25. This growth was primarily driven by higher income from shares and securities trading, which increased to ₹38.1 crore from ₹34.4 crore in the prior year. Interest income also grew significantly to ₹15.6 crore from ₹9.1 crore.

Despite the revenue growth, total expenses remained relatively stable at ₹39.8 crore, down slightly from ₹40.3 crore in FY25. This cost discipline contributed to the expansion in profit before tax, which more than doubled to ₹23.5 crore from ₹12.0 crore.

Balance Sheet & Capital Structure

The company’s total assets decreased to ₹1,088.6 crore as of March 31, 2026, from ₹1,646.9 crore in the previous year. This reduction was largely due to a decline in investments, which fell to ₹962.7 crore from ₹1,609.4 crore. Conversely, loans outstanding surged to ₹102.3 crore from ₹12.6 crore, indicating a strategic shift towards lending activities.

Borrowings increased substantially to ₹133.2 crore from ₹40.8 crore in FY25, driven by secured loans against pledged shares and property mortgages. The debt-equity ratio rose to 0.16 from 0.03, reflecting this increased leverage to fund lending operations.

Governance & Board Changes

The AGM will see the re-appointment of Mrs. Shraddha Rajnesh Jain as a Non-Executive Director retiring by rotation. Additionally, shareholders will vote on the appointment of Mr. Ramesh Chandra Jain as an Independent Director and the re-appointment of Mr. Shyam Ramsharan Khandelwal for a second five-year term.

Mr. Rajnesh Jain, the Whole-Time Director, will be re-appointed for another three years with remuneration not exceeding ₹1.2 crore per annum. The company also seeks approval for material related-party transactions with KJMC Capital Market Services Limited up to ₹100 crore annually.

What the Numbers Show

While operational profitability doubled, the company’s comprehensive income turned negative due to unrealised fair value losses on equity investments designated at fair value through other comprehensive income (FVOCI). A realised FVOCI gain of ₹94.0 crore was transferred to retained earnings, helping offset accumulated deficits and bringing the profit and loss account balance to a surplus of ₹95.0 crore.

KJMC Financial Services equity shares have been admitted to dealings on the National Stock Exchange of India Limited. The National Stock Exchange permitted the securities for trading in the capital market segment effective from August 17, 2026.

The company notified the exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The National Stock Exchange issued circular number 1355/2026 dated August 14, 2026, to inform its members of the admission.

Trading Details

The equity shares are currently listed on the Bombay Stock Exchange only. On the National Stock Exchange, they are available for trading under the "Permitted to Trade" category as per applicable regulatory provisions.

Omkar Bamne, Company Secretary and Compliance Officer, signed the intimation letter dated August 24, 2026.