Sodhani Academy promoter raises stake to 25.02% via open market

1 min read     Updated on 05 Jun 2026, 12:52 PM
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Rajesh Kumar Sodhani HUF acquired 500 equity shares of Sodhani Academy of Fintech Enablers Limited on June 3, 2026, via the open market. This purchase increased the promoter group's total holding to 14,25,100 shares, representing 25.02% of the paid-up share capital, up from 25.01%.

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Rajesh Kumar Sodhani HUF acquired 500 equity shares of Sodhani Academy of Fintech Enablers Limited on June 3, 2026, increasing the promoter group's stake in the company. The transaction was executed via the open market and represents 0.01% of the total issued and paid-up equity share capital. This acquisition raises the total shareholding of the promoter group to 14,25,100 equity shares, which constitutes 25.02% of the company's paid-up share capital.

The disclosure was submitted to the stock exchanges on June 4, 2026, in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the acquisition, the entity held 14,24,600 equity shares, accounting for 25.01% of the total paid-up share capital. The total equity share capital of the company stands at 5,69,50,000 equity shares of ₹10 each.

Transaction Details

Parameter Details
Acquirer Rajesh Kumar Sodhani HUF (Promoter)
Target Company Sodhani Academy of Fintech Enablers Limited
Date of Acquisition June 3, 2026
Mode of Acquisition Open Market
Shares Acquired 500 Equity Shares
Percentage of Total Paid-up Capital 0.01%
Pre-acquisition Holding 14,24,600 shares (25.01%)
Post-acquisition Holding 14,25,100 shares (25.02%)
Total Equity Share Capital 5,69,50,000 shares
Face Value per Share ₹10

Historical Stock Returns for Sodhani Academy of Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-1.11%-1.11%-31.81%-36.20%+219.86%

Does this incremental increase in promoter holding signal a potential trend toward further stake consolidation in the near future?

How might the market interpret this open market acquisition regarding the promoter's confidence in the company's upcoming financial performance?

Is the promoter group likely to trigger an open offer if they continue to increase their stake beyond the current 25.02% threshold?

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SAFE Declares Dividend, Reports FY26 Net Profit of ₹384.64 Lacs with Strong Income Growth

5 min read     Updated on 13 May 2026, 02:23 PM
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Sodhani Academy of Fintech Enablers Limited reported audited standalone FY26 results with net profit of ₹384.64 lacs on total income of ₹654.01 lacs, more than doubling year-on-year profitability. The Board recommended a final dividend of ₹0.75 per equity share, while total shareholders' funds rose to ₹1,710.39 lacs and IPO proceeds of ₹374.73 lacs were utilised as at March 31, 2026.

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Sodhani Academy of Fintech Enablers Limited has announced its audited standalone financial results for the half year and full year ended March 31, 2026, following a Board meeting held on May 13, 2026. The company reported a net profit of ₹384.64 lacs for the full year, a significant increase from ₹187.96 lacs in the previous year. The Board also recommended a final dividend and approved the re-appointment of internal auditors. The statutory auditors, M/s J C Kabra & Associates, have issued an unmodified audit opinion on the standalone financial results.

Financial Performance

The company delivered strong growth in profitability for the year ended March 31, 2026. Total income rose to ₹654.01 lacs from ₹384.47 lacs in the previous year, driven by revenue from operations of ₹354.84 lacs and other income of ₹299.17 lacs. Total expenses stood at ₹168.86 lacs against ₹133.82 lacs previously, resulting in a profit before tax of ₹485.15 lacs. The following table summarises the full-year profit and loss performance:

Metric: FY 2025-26 (Audited) FY 2024-25 (Audited)
Revenue from Operations: ₹354.84 lacs ₹288.79 lacs
Other Income: ₹299.17 lacs ₹95.69 lacs
Total Income: ₹654.01 lacs ₹384.47 lacs
Employee Benefits Expenses: ₹39.83 lacs ₹23.62 lacs
Depreciation & Amortisation: ₹9.61 lacs ₹7.30 lacs
Other Expenses: ₹119.42 lacs ₹102.90 lacs
Total Expenses: ₹168.86 lacs ₹133.82 lacs
Profit Before Tax: ₹485.15 lacs ₹250.66 lacs
Net Profit (PAT): ₹384.64 lacs ₹187.96 lacs
Basic EPS (₹): ₹7.34 ₹3.30
Diluted EPS (₹): ₹7.34 ₹3.30

Half-Year Performance

For the half year ended March 31, 2026, the company reported total income of ₹213.96 lacs, total expenses of ₹53.05 lacs, and a profit after tax of ₹142.62 lacs, with basic and diluted EPS of ₹2.50. This compares to total income of ₹387.82 lacs and profit after tax of ₹204.20 lacs for the half year ended September 30, 2025.

Balance Sheet Highlights

The company's financial position strengthened during the year. Total shareholders' funds increased to ₹1,710.39 lacs as at March 31, 2026, from ₹1,392.04 lacs a year earlier, driven by higher reserves and surplus of ₹1,140.89 lacs. Total assets stood at ₹1,782.75 lacs, with non-current assets of ₹1,538.78 lacs and current assets of ₹243.97 lacs.

Particulars: March 31, 2026 (Audited) March 31, 2025 (Audited)
Share Capital: ₹569.50 lacs ₹569.50 lacs
Reserves & Surplus: ₹1,140.89 lacs ₹822.54 lacs
Total Shareholders' Fund: ₹1,710.39 lacs ₹1,392.04 lacs
Total Current Liabilities: ₹72.35 lacs ₹28.05 lacs
Total Equity and Liabilities: ₹1,782.75 lacs ₹1,420.10 lacs
Property, Plant & Equipment: ₹142.95 lacs ₹110.90 lacs
Non-Current Investments: ₹1,369.72 lacs ₹1,185.37 lacs
Total Non-Current Assets: ₹1,538.78 lacs ₹1,296.81 lacs
Cash and Cash Equivalents: ₹40.73 lacs ₹69.69 lacs
Total Current Assets: ₹243.97 lacs ₹123.29 lacs
Total Assets: ₹1,782.75 lacs ₹1,420.10 lacs

Cash Flow Statement

The company generated net cash from operating activities of ₹20.65 lacs for the year ended March 31, 2026, compared to ₹81.83 lacs in the previous year. Net cash used in investing activities was ₹21.14 lacs, while net cash used in financing activities was ₹28.48 lacs, which included a dividend payment of ₹28.48 lacs. The closing balance of cash and cash equivalents stood at ₹40.73 lacs.

Cash Flow Particulars: FY 2025-26 (Audited) FY 2024-25 (Audited)
Net Cash from Operating Activities: ₹20.65 lacs ₹81.83 lacs
Net Cash from/(Used in) Investing Activities: ₹(21.14) lacs ₹(384.85) lacs
Net Cash from/(Used in) Financing Activities: ₹(28.48) lacs ₹351.17 lacs
Net (Decrease)/Increase in Cash: ₹(28.96) lacs ₹48.15 lacs
Opening Cash and Cash Equivalents: ₹69.69 lacs ₹21.55 lacs
Closing Cash and Cash Equivalents: ₹40.73 lacs ₹69.69 lacs

IPO Proceeds Utilisation

The company had raised ₹388 lacs through an initial public offer of 9,70,000 shares at a face value of ₹10 per share at a premium of ₹30 per share, with shares listed on BSE on September 23, 2024. As at March 31, 2026, ₹374.73 lacs of the net IPO proceeds had been utilised, with a balance of ₹13.27 lacs remaining for the financial year 2026-27. The utilisation details are as follows:

Object of Fresh Issue: Amount to be Financed (₹ lacs) Utilised till FY 2025-26 (₹ lacs) Balance for FY 2026-27 (₹ lacs)
Offer Related Expenses: 78.00 58.09 (0.00)
Building Content Studio & Offline Training Infrastructure: 80.00 79.37 0.63
IT Hardware including Software Procurement: 60.00 52.76 7.24
Content Development for Course Material: 50.00 52.85 (0.00)
Enhancement of Brand Visibility & Awareness: 35.00 41.80 (0.00)
Learning Management System (LMS) Application Development: 10.00 10.00 (0.00)
General Corporate Purpose: 75.00 79.86 5.40
Total: 388.00 374.73 13.27

Dividend Declaration

The Board of Directors recommended a final dividend of ₹0.75 per equity share of face value ₹10 each for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.

Corporate Governance Updates

In compliance with statutory requirements, the Board approved the re-appointment of M/s D. Jain & Co., Practicing Chartered Accountants based in Jaipur, as Internal Auditors for the financial year 2026-27, effective May 12, 2026. The Audit Committee has verified their independence and eligibility. The company operates in a single business segment and has no associate companies or subsidiaries as at March 31, 2026.

Historical Stock Returns for Sodhani Academy of Fintec

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-1.11%-1.11%-31.81%-36.20%+219.86%

Given that 'other income' of ₹299.17 lacs now constitutes nearly 46% of total income, how sustainable is this revenue mix, and what specific sources drive this non-operational income?

With operating cash flow declining sharply from ₹81.83 lacs to ₹20.65 lacs despite a doubling of net profit, what steps is management taking to improve cash conversion and reduce the gap between reported earnings and actual cash generation?

As the company completes utilisation of its IPO proceeds by FY2026-27, what is the next capital allocation strategy to fund growth in the competitive fintech education sector?

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