Sainik Finance & Industries Limited reported a 32.6% decline in net profit to ₹416.56 crore for the financial year ended March 31, 2026, primarily due to increased finance costs and employee benefit expenses. Total revenue from operations rose 1.3% to ₹1,688.02 crore, while total expenses increased 19.4% to ₹1,253.11 crore, impacting the bottom line despite higher income. The company submitted the newspaper cuttings of these audited financial results to the BSE on May 29, 2026, following publication in the Financial Express and Haribhoomi.

Financial Performance for FY26

The company’s net profit for the year stood at ₹416.56 crore, down from ₹617.61 crore in the previous year. Total income, comprising revenue from operations and other income, reached ₹1,695.11 crore. Finance costs surged to ₹1,049.54 crore from ₹937.16 crore in FY25, and employee benefits expense rose to ₹130.26 crore from ₹107.37 crore.

Quarterly Results and Segment Reporting

For the quarter ended March 31, 2026, the company reported a net profit of ₹125.51 crore, a decrease from ₹267.04 crore in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹475.87 crore. The main business of the company is financing activity, and as all activities are carried out within India, there are no separate reportable segments as per Indian Accounting Standard 108.

Assets, Liabilities, and Cash Flow

Total assets as of March 31, 2026, stood at ₹16,100.14 lakh, an increase from ₹14,264.07 lakh in the prior year. Borrowings rose significantly to ₹10,495.05 lakh from ₹8,481.07 lakh. Cash and cash equivalents decreased to ₹266.97 lakh from ₹780.20 lakh at the end of FY25. Net cash flow from operating activities was negative at ₹2,527.21 lakh, while net cash flow from financing activities was positive at ₹2,013.98 lakh.

Auditor's Report and Board Approval

The statutory auditors, Kumra Bhatia & Co., issued an unmodified opinion on the audited financial results. The auditors included an emphasis of matter note regarding loans advanced by the company where no principal or interest has been received, stating that this is in accordance with loan agreements and the company is confident of recovery. The Board of Directors approved the financial results at its meeting held on May 28, 2026.

Sainik Finance & Industries Limited has announced that its board meeting is scheduled to be held on Thursday, May 28, 2026, at 12:10 P.M. The meeting will be convened to consider and approve the financial statements and results for the quarter and year ended March 31, 2026.

Agenda for the Meeting

The board will deliberate on several key items during the session. The primary agenda includes the consideration and approval of the Quarterly and Annual Financial Statements for the period ended March 31, 2026. This will be accompanied by a review of the Statement of Assets & Liabilities and the Cash Flow Statement for the financial year.

Additionally, the directors will take on record the Auditors’ Report submitted by the Statutory Auditors regarding the financial results for the financial year ended March 31, 2026. The board may also consider any other business that may be placed before it with the permission of the Chairman.

Trading Window Closure

In accordance with the Company’s Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the company’s securities has been closed. This restriction applies to Promoters, the Promoters group, Directors, Key Managerial Personnel (KMPs), Connected Persons, and Designated Persons.

The closure of the trading window came into effect from April 1, 2026. It will remain closed until 48 hours after the declaration of the Financial Statements and Results for the quarter and year ended March 31, 2026.