Raama Finance Limited reported a net profit of ₹3.24 crore for the financial year ended March 31, 2026, a sharp increase from ₹1.50 lakh in the previous year. The company’s revenue from operations surged to ₹12.06 crore in FY26, compared to ₹0.38 crore in FY25, driven primarily by fees and commission income. For the quarter ended March 31, 2026, the net profit stood at ₹2.63 crore, while revenue from operations reached ₹9.63 crore. The strong performance was underpinned by the rapid scale-up of its digital lending platform, FastSalary, which crossed ₹35 crore in cumulative disbursements and onboarded over 9,000 customers in its first year of operations.

The board of directors approved the audited standalone financial results for the quarter and financial year ended March 31, 2026, at a meeting held on May 29, 2026. The company reported a total income of ₹12.13 crore for FY26, up from ₹0.38 crore in the previous year. Total expenses for the year amounted to ₹7.84 crore. The basic earnings per share (EPS) for FY26 improved to ₹0.40 from ₹0.03 in the previous year. On a standalone basis, the company operates in a single reportable segment: Financial Services (Including NBFC).

Financial Performance

Key Operational Metrics

The company achieved a Profit After Tax (PAT) margin of 26.7% for the full year, with Q4 FY26 standalone PAT margin reaching 27.1%. Return on Equity (ROE) stood at 11.0%, while Return on Assets (ROA) was 7.4%. The balance sheet remained robust with a Debt-to-Equity ratio of 0.10x. Total equity stood at ₹29.34 crore against borrowings of ₹3.01 crore. Book value per share was reported at ₹3.61 as of March 31, 2026.

Capital Augmentation

Raama Finance raised ₹23.17 crore through financing activities in FY26. This comprised ₹6.79 crore in equity, ₹13.68 crore in other equity instruments, and ₹2.70 crore in borrowings. These funds were fully deployed into the loan book, investments, and technology infrastructure. The equity share capital of the company stood at ₹8.12 crore as of March 31, 2026, with shares having a face value of ₹1 each.

Two promoter entities — Akhil Mittal and DS Family Office Trust — have each submitted formal disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting the acquisition of convertible warrants in Raama Finance Limited (formerly known as Ramchandra Leasing and Finance Limited). Both disclosures, dated 14.05.2026, were filed with BSE Limited and the Company Secretary of Raama Finance Limited. Both acquisitions were executed through preferential allotment on 12.05.2026.

Acquisition Details

Akhil Mittal acquired 75,00,000 convertible warrants, representing 3.84% of the total diluted share/voting capital of the company. Similarly, DS Family Office Trust also acquired 75,00,000 convertible warrants, likewise representing 3.84% of the total diluted share/voting capital. In both transactions, no shares carrying voting rights or voting rights otherwise than by shares were acquired. The equity share capital and total voting capital of the company remained unchanged at 8,11,62,000 before and after each acquisition.

The following table summarises the key parameters of both acquisitions:

Pre and Post-Acquisition Shareholding

The table below presents Akhil Mittal's holding position before and after the acquisition:

For DS Family Office Trust, the entity held no shares, voting rights, or convertible instruments prior to this transaction. Post-acquisition, its entire holding consists of 75,00,000 convertible warrants, representing 3.84% of the total diluted capital. No shares were encumbered, pledged, or subject to any non-disposal undertaking by either acquirer before or after the respective transactions.

Capital Structure of Raama Finance Limited

The equity share capital and total voting capital of Raama Finance Limited stood at 8,11,62,000 both before and after the acquisitions. Following the preferential allotment of convertible warrants to both promoter entities, the total diluted share/voting capital of the company stands at 19,51,62,000.

Regulatory Disclosure

Both disclosures were made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and were addressed to BSE Limited and the Company Secretary of Raama Finance Limited, headquartered at Vadodara, Gujarat. Akhil Mittal's filing was digitally signed from New Delhi on 14.05.2026. The disclosure on behalf of DS Family Office Trust was digitally signed by Pratika Sharma, Authorised Signatory, also from New Delhi on 14.05.2026.