Nahar Capital & Financial Services submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to stock exchanges on August 27, 2026. The non-banking financial company (NBFC) reported a turnover of ₹51.83 crore and a net worth of ₹911.93 crore for the period ending March 31, 2026.

The Ludhiana-based entity operates primarily in financial and investment activities, which contributed 93.16% of its total turnover. Real estate activities accounted for the remaining 6.84%. As an investment-focused firm, the company stated it does not manufacture products or provide direct services, rendering several environmental and consumer-centric disclosures not applicable.

Governance and Compliance

The Board of Directors oversees sustainability issues, supported by the Corporate Social Responsibility Committee and Risk Management Committee. Mr. Dinesh Oswal, Managing Director, is designated as the highest authority responsible for implementing business responsibility policies.

The company maintains a Code of Conduct for directors and senior management, affirming zero tolerance for bribery and corruption. No monetary or non-monetary penalties were imposed on the entity, its directors, or key managerial personnel during FY26. One shareholder grievance was filed and resolved within the year, with no complaints pending at year-end.

Human Capital Metrics

As of March 31, 2026, the company employed 20 permanent and non-permanent staff members. Women constitute 10% of the total workforce, comprising two employees. Among Key Managerial Personnel (KMPs), female representation stands at 50%, while the Board includes one woman director (10%).

The permanent employee turnover rate was 5.00% in FY26, down from 5.55% in FY25 and significantly lower than the 16.66% recorded in FY24. The company provided health and accident insurance coverage to all 18 permanent employees. Training programs covered 100% of the Board and KMPs on BRSR principles, while 85% of total employees received health and safety training.

Related Party Transactions

The disclosure highlights significant concentration in related-party dealings. Loans and advances given to related parties constituted 100% of the total loans and advances portfolio in FY26, an increase from 77.27% in FY25. Investments in related parties accounted for 41.36% of total investments, slightly down from 42.61% in the prior year.

Corporate Social Responsibility

CSR activities are executed through the Oswal Foundation, focusing on education, healthcare, and rural development. The company spent ₹61.80 lakh on CSR projects in Ludhiana, an aspirational district in Punjab. Primary beneficiaries included residents accessing cancer treatment at the Mohan Dai Oswal Cancer Treatment & Research Foundation.

What the Numbers Show

The complete concentration of loans and advances in related parties indicates a high dependency on intra-group financing structures. While this reduces external credit risk exposure, it limits diversification in the lending book. The stabilization of employee turnover below 6% after a spike in FY24 suggests improved retention stability in recent years.

Nahar Capital & Financial Services , a Ludhiana-based Non-Banking Financial Company (NBFC) and part of the OWM Nahar Group, has reported its unaudited standalone and consolidated financial results for the quarter ended 30th June, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 5th August, 2026, and have been subjected to a Limited Review by the Statutory Auditors of the Company.

Standalone Financial Performance

On a standalone basis, the company recorded total income from operations (net) of ₹1,844.95 lakhs for the quarter ended 30th June, 2026, compared to ₹1,480.65 lakhs in the corresponding quarter of the previous year and ₹492.75 lakhs in the immediately preceding quarter ended 31st March, 2026. Net profit before tax stood at ₹1,454.77 lakhs, while net profit after tax came in at ₹1,381.97 lakhs for the quarter under review.

The following table presents the key standalone financial metrics:

The standalone total comprehensive income for the quarter stood at ₹6,044.02 lakhs, a significant improvement compared to a loss of ₹(6,042.09) lakhs in the preceding quarter ended 31st March, 2026, and ₹4,936.83 lakhs in the year-ago quarter. Basic and diluted earnings per share (face value of ₹5/- each) were reported at ₹8.25 for the quarter, compared to ₹5.05 in the same quarter of the previous year.

Consolidated Financial Performance

On a consolidated basis, total income from operations (net) was ₹1,844.95 lakhs for the quarter ended 30th June, 2026, in line with the standalone figure. Net profit before tax on a consolidated basis was ₹5,050.11 lakhs, while net profit after tax rose to ₹6,743.87 lakhs, compared to ₹1,148.12 lakhs in the year-ago quarter. Total comprehensive income on a consolidated basis reached ₹14,142.71 lakhs for the quarter.

Consolidated basic and diluted earnings per share (face value of ₹5/- each) were reported at ₹40.27 for the quarter ended 30th June, 2026, compared to ₹6.86 in the corresponding quarter of the previous year and ₹10.86 in the preceding quarter ended 31st March, 2026.

Regulatory Compliance and Disclosures

The financial results have been filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the standalone and consolidated unaudited financial results for the quarter ended 30th June, 2026 is available on the Stock Exchange websites and on the Company's website. The results were signed off by Chairman Jawahar Lal Oswal (DIN: 00463866) from Ludhiana.