Money Masters FY26 net profit falls 30.3% to ₹35.67 lakh

1 min read     Updated on 22 Jul 2026, 11:23 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Money Masters Leasing & Finance reported a 30.3% decline in net profit to ₹35.67 lakh for the financial year ended March 31, 2026, compared to ₹51.19 lakh in the previous year. Revenue from operations fell 29.3% to ₹151.33 lakh from ₹214.13 lakh in FY25. The board also appointed two additional directors, Mr. Vikrant Ponkshe and Mr. Saideep Rajendrakumar Agarwal.

powered bylight_fuzz_icon
46245167

*this image is generated using AI for illustrative purposes only.

Money Masters Leasing & Finance reported a 30.3% decline in net profit to ₹35.67 lakh for the financial year ended March 31, 2026, compared to ₹51.19 lakh in the previous year. Revenue from operations fell 29.3% to ₹151.33 lakh from ₹214.13 lakh in FY25, primarily driven by lower income from operations. The company's statutory auditors, M/s. PSV Jain & Associates, issued an audit report with an unmodified opinion on the financial results.

Financial Performance

The decline in profitability was attributed to a decrease in total income, which stood at ₹151.40 lakh for FY26 against ₹214.21 lakh in the prior year. Total expenses for the year reduced to ₹103.73 lakh from ₹145.02 lakh in FY25. For the quarter ended March 31, 2026, net profit stood at ₹12.89 lakh, while revenue from operations was ₹41.74 lakh.

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Net Sales / Income from Operation 151.33 214.13
Total Income 151.40 214.21
Total Expenses 103.73 145.02
Profit for the period 35.67 51.19
Basic & Diluted EPS 0.04 0.05

Board Appointments

The Board of Directors approved the appointment of Mr. Vikrant Ponkshe as an Additional Director designated as Non-Executive Independent Director for a term of five years effective May 27, 2026, subject to shareholder approval. Additionally, Mr. Saideep Rajendrakumar Agarwal was appointed as an Additional Director (Non-Executive, Non-Independent Director) effective the same date, also subject to shareholder approval. Both appointments were based on the recommendations of the Board Nomination and Remuneration Committee.

Regulatory Submission

The company clarified that a discrepancy in the PDF submission of the audited financial results was limited to the format of the attachment, which was initially uploaded in Accounting Standards (AS) format instead of the applicable Ind AS format. The company confirmed there were no changes to the financial figures or disclosures and submitted a revised PDF in the correct Ind AS format to maintain consistency.

Historical Stock Returns for Money Masters Leasing & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.86%+2.86%-11.11%+1.41%-58.14%+44.00%

What strategic initiatives will the new directors implement to reverse the 30% decline in net profit?

Will the company revise its business model to address the consistent drop in operational income?

How does the company plan to sustain profitability if revenue trends continue to decline in FY27?

Money Masters Leasing & Finance
View Company Insights
View All News
like15
dislike

Money Masters Leasing director tenure ends on June 28, 2026

1 min read     Updated on 29 Jun 2026, 12:19 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Money Masters Leasing & Finance Limited announced the cessation of Mr. Vijaypratap Talukdar Singh as an Independent Director effective June 28, 2026, following the completion of his five-year term. The Board expressed appreciation for his contributions. The disclosure was filed in compliance with SEBI Listing Obligations and relevant circulars.

powered bylight_fuzz_icon
44261383

*this image is generated using AI for illustrative purposes only.

Money Masters Leasing & Finance announced that Mr. Vijaypratap Talukdar Singh has ceased to be an Independent Director of the company effective June 28, 2026. His departure follows the completion of his first term of five consecutive years on the board. The Board of Directors recorded its appreciation for his guidance and contributions during his tenure.

The cessation was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the change in directorship took effect from the close of business hours on June 28, 2026.

The disclosure was made in compliance with Regulation 30 read with Schedule III of the Listing Regulations. Additionally, the filing references SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Details of Cessation

The company provided the following specific details regarding the event:

Sr. No. Details of event Information
1. Reason for change Cessation of Mr. Vijaypratap Talukdar Singh (DIN: 09201414) as an Independent Director upon completion of his tenure viz. first term of five (5) consecutive years.
2. Date of cessation June 28, 2026 (close of business hours).
3. Brief Profile Not Applicable
4. Disclosure of relationships Not Applicable

The intimation has been made available on the company's official website. Hozef Abdulhussain Darukhanawala, Managing Director, signed the disclosure on June 29, 2026.

Historical Stock Returns for Money Masters Leasing & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.86%+2.86%-11.11%+1.41%-58.14%+44.00%

Who will Money Masters appoint to fill the vacancy left by the Independent Director?

How will the change in board composition impact the company's governance strategy?

Will the departure of Mr. Singh influence any upcoming policy decisions at Money Masters?

Money Masters Leasing & Finance
View Company Insights
View All News
like17
dislike

More News on Money Masters Leasing & Finance

1 Year Returns:-58.14%