Qgo Finance Limited reported a 27% year-on-year increase in net profit to ₹99.00 lakh for the quarter ended June 30, 2026, driven by stronger interest income and documentation fees. The Board of Directors, meeting on August 10, 2026, approved the unaudited financial results reviewed by statutory auditor R.C. Reshamwala & Co., and declared an interim dividend of ₹0.15 per equity share. The company also secured approval to raise ₹7 crore through unsecured, unlisted Non-Convertible Debentures (NCDs) on a private placement basis.

The interim dividend carries a yield of 1.5% on the face value of ₹10 per share, subject to TDS deduction. Payments will be made within 30 days to shareholders registered as beneficial owners or in the Register of Members as of the record date, August 21, 2026. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Total revenue from operations rose 37% year-on-year to ₹576.01 lakh, up from ₹420.80 lakh in the corresponding quarter of FY25. Interest income grew 23% to ₹506.41 lakh, while documentation fees surged significantly to ₹69.60 lakh from ₹8.00 lakh previously. Total expenses increased to ₹439.66 lakh from ₹317.04 lakh, primarily due to higher finance costs of ₹340.18 lakh.

Profit before tax stood at ₹137.02 lakh, compared to ₹104.62 lakh in the prior year period. Earnings per share (basic) increased to ₹1.42 from ₹1.12.

Capital Raising and Debt Structure

The Board approved the issuance of 700 unsecured, redeemable NCDs at ₹1,00,000 each, aggregating to ₹7 crore. These instruments carry a fixed coupon rate of 12% per annum, payable monthly, with a tenure of nine years. The disclosure was made under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

During the quarter, the company allotted 300 unsecured NCDs amounting to ₹3 crore and repaid ₹2 crore. The total outstanding unsecured NCDs stood at ₹98.40 crore as of June 30, 2026. Additionally, the company raised ₹1.50 crore through secured 12% NCDs, bringing the total outstanding secured NCDs to ₹6.43 crore. These secured debentures are backed by a first pari passu charge over loan receivables and interest.

Operational Highlights

The total loan book reached ₹126.04 crore as of June 30, 2026. Under Co-Lending Arrangements (CLAs) with lending partners, loans originated during the quarter amounted to ₹5.30 crore, with total originated loans standing at ₹7.30 crore. The weighted average interest rate for CLAs is 18.50%, focused on the real estate sector with no material deviations or defaults reported. The company’s share in the CLA is 20%. Fees received under CLAs were ₹5.30 lakh, against fees paid of ₹1.88 lakh.

The company also accepted Inter-Corporate Deposits (ICDs) totaling ₹7 crore during the quarter, with the outstanding balance remaining at ₹7 crore. Investments in six properties amounted to ₹97.96 lakh, with two properties registered in the company’s name. Capital advances pending execution stood at ₹4.32 lakh.

Qgo Finance has allotted 100 unsecured, redeemable Non-Convertible Debentures (NCDs) aggregating ₹1 crore to eligible investors via private placement. The allotment, executed on July 29, 2026, carries a coupon rate of 12% per annum, payable monthly, and features a nine-year tenure maturing on July 28, 2035. This issuance strengthens the company’s debt funding mix while offering investors a fixed-income instrument with regular monthly returns.

The Board of Directors approved the allotment through a resolution by circulation on July 29, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended. The NCDs are unlisted and unsecured, meaning they do not create any charge or security over the company’s assets.

Allotment Details

The financial terms and structural details of the allotted NCDs are outlined below:

Issuance Program Context

This allotment constitutes Tranche XLV (45th tranche) of Qgo Finance’s broader NCD issuance program. The total size of the issue is ₹6 crore. Following this allotment, 400 securities remain pending allotment under the program. To date, 100 securities have already been allotted in prior tranches, bringing the cumulative allotted count to 200 securities across the program.

What the Numbers Show

The decision to issue unsecured NCDs at a 12% per annum coupon rate reflects the company’s strategy to raise capital without diluting equity or encumbering assets. With interest payable monthly, the structure provides liquidity to investors while allowing Qgo Finance to manage its cash flow obligations over a long-term horizon. The remaining ₹4 crore pending allotment indicates that the company retains flexibility to tap debt markets further as needed, subject to investor demand and regulatory approvals.