Qgo Finance redeems NCDs worth Rs 1 Cr on June 16

1 min read     Updated on 16 Jun 2026, 02:20 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Qgo Finance redeemed 100 Unlisted Unsecured Redeemable Non-Convertible Debentures (NCDs) worth Rs 1 Cr on June 16, 2026, following the lock-in period expiry. The principal and interest were paid via RTGS. The original issue in 2023 comprised 200 NCDs worth Rs 2 Cr.

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qgo finance redeemed 100 Unlisted Unsecured Redeemable Non-Convertible Debentures (NCDs) aggregating Rs 1 Cr on June 16, 2026. The company acted upon a request from the NCD holder following the completion of the lock-in period on January 30, 2025. The principal amount along with applicable interest was duly paid to the holders through RTGS on the date of redemption.

The debentures were originally issued on a private placement basis on February 04, 2023. A total of 200 NCDs were allotted, each with a face value of Rs 1,00,000, aggregating to Rs 2,00,00,000. The instruments carried a tenure of 7 years from the date of allotment. The recent redemption covers half of the total issued NCDs.

Redemption Details

The company disclosed the specifics of the transaction in a filing submitted to BSE Limited. The payment was processed as per the terms of the issue.

Type of Security No. of NCDs Redeemed Date of payment of Principal and interest Purpose
Unlisted Unsecured Redeemable Non-Convertible Debentures 100 June 16, 2026 Redemption and payment of interest on NCDs

The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Urmi Mohan Joiser, Company Secretary, Compliance Officer & Chief Operating Officer, signed the disclosure on behalf of Qgo Finance Limited.

Historical Stock Returns for QGO Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%-4.09%+4.95%-3.16%-15.68%+120.95%

Does the early redemption of 50% of the NCDs indicate a strategy to reduce leverage ahead of schedule?

How will this outflow of Rs 1 Cr impact Qgo Finance's liquidity position and capital allocation plans for the remainder of the fiscal year?

Is the company planning to refinance the remaining Rs 1 Cr in NCDs or utilize internal cash flows for the final maturity in 2030?

QGO Finance FY26 net profit rises 10% to ₹337.28 lakh

1 min read     Updated on 28 May 2026, 03:58 PM
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QGO Finance Limited reported a 10% increase in net profit for FY26 to ₹337.28 lakh, with revenue growing to ₹1,819.18 lakh. The board approved the audited results, declared a fourth interim dividend, and re-appointed the Managing Director. The company also published the financial results in newspapers on May 28, 2026.

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QGO Finance Limited reported a 10% increase in net profit for the financial year ended March 31, 2026, rising to ₹337.28 lakh from ₹306.62 lakh in the previous year. Revenue from operations for FY26 grew to ₹1,819.18 lakh, compared to ₹1,640.28 lakh in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, and declared a fourth interim dividend of ₹0.15 per equity share. The statutory auditors, M/s. R C Reshamwala & Co, issued an unmodified opinion on the results.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹94.94 lakh on revenue of ₹502.51 lakh. The board fixed June 5, 2026, as the record date to determine shareholder eligibility for the dividend, which will be paid within 30 days of declaration. The total dividend for FY25-26 amounts to ₹0.60 per equity share.

Key Financial Metrics

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Net Profit 337.28 306.62
Revenue from Operations 1,819.18 1,640.28
Total Expenses 1,376.62 1,240.71
Profit Before Tax 448.93 401.71

Board Decisions

In addition to the financial results, the board approved the re-appointment of Mrs. Rachana Singi as Managing Director for a period of five years effective from August 1, 2026, subject to shareholder approval. The board also appointed M/s. AVS & Associates as Secretarial Auditors and re-appointment of M/s. Chandani Rathod & Co. as Internal Auditors for the financial year 2026-27.

The company's total loan book stood at ₹1,16,53,53,555 as of March 31, 2026. During the quarter, QGO Finance allotted secured and unsecured non-convertible debentures amounting to ₹1.30 crore and ₹20.50 crore, respectively. The disclosure was signed by Urmi Joiser, Company Secretary & Compliance Officer.

Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the newspaper advertisement for the audited financial results in the Financial Express (English Edition) and Mumbai Lakshdeep (Marathi Edition) on May 28, 2026.

Historical Stock Returns for QGO Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%-4.09%+4.95%-3.16%-15.68%+120.95%

How does the recent issuance of non-convertible debentures impact the company's debt-to-equity ratio and future interest obligations?

What strategic initiatives does the re-appointed Managing Director plan to implement to sustain the double-digit profit growth into FY27?

Will the company maintain the current dividend payout ratio of ₹0.60 per share, or are there plans to adjust it given the expanded loan book?

More News on QGO Finance

1 Year Returns:-15.68%