Sangam Finserv FY26 Net Profit Falls to Rs 325.76 Lakh

5 min read     Updated on 14 May 2026, 06:01 PM
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Sangam Finserv reported a 50.6% decline in FY26 net profit to Rs 325.76 lakh, driven by higher finance costs and fair value losses. Q4 FY26 recorded a net loss of Rs 547.98 lakh. The company has published the audited results in newspapers and re-appointed auditors.

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Sangam Finserv Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 13, 2026. The company has submitted the newspaper clippings of these audited financial results to the stock exchanges, confirming publication in Business Standard and Parthakal on May 14, 2026. The auditor's report carries an unmodified opinion, confirming the results present a true and fair view in conformity with applicable Indian Accounting Standards (Ind AS).

Annual Financial Performance

For the financial year ended March 31, 2026, Sangam Finserv reported a significant decline in profitability. Total income stood at Rs 1,562.56 lakh, down from Rs 1,701.48 lakh in the previous year. Net profit for the year fell sharply to Rs 325.76 lakh from Rs 659.72 lakh in FY25. The decline was driven by a net loss on fair value changes of Rs 285.81 lakh against Rs 158.44 lakh in the prior year, alongside higher finance expenses of Rs 332.18 lakh compared to Rs 239.09 lakh previously. Total expenses rose to Rs 1,066.95 lakh from Rs 781.16 lakh, while profit before tax declined to Rs 495.61 lakh from Rs 920.32 lakh.

Metric: FY26 (Audited) FY25 (Audited)
Interest Income: Rs 1,666.36 lakh Rs 1,752.93 lakh
Fees & Commission Income: Rs 168.37 lakh Rs 106.99 lakh
Net Gain/(Loss) on Fair Value Changes: Rs (285.81) lakh Rs (158.44) lakh
Total Revenue from Operations: Rs 1,548.92 lakh Rs 1,701.48 lakh
Other Income: Rs 13.64 lakh —
Total Income: Rs 1,562.56 lakh Rs 1,701.48 lakh
Finance Expenses: Rs 332.18 lakh Rs 239.09 lakh
Impairment on Financial Instruments: Rs 95.45 lakh Rs 7.43 lakh
Employee Benefits Expense: Rs 268.23 lakh Rs 200.90 lakh
Depreciation & Amortisation: Rs 14.20 lakh Rs 17.47 lakh
Other Expenses: Rs 356.89 lakh Rs 316.27 lakh
Total Expenses: Rs 1,066.95 lakh Rs 781.16 lakh
Profit Before Tax: Rs 495.61 lakh Rs 920.32 lakh
Net Profit: Rs 325.76 lakh Rs 659.72 lakh
Total Comprehensive Income: Rs 320.06 lakh Rs 645.29 lakh
Basic EPS (Rs): Rs 0.70 Rs 1.42
Diluted EPS (Rs): Rs 0.70 Rs 1.42

Quarterly Performance

For the quarter ended March 31, 2026, the company reported a net loss of Rs 547.98 lakh, compared to a net loss of Rs 170.77 lakh in the corresponding quarter of the previous year. Total income for the quarter was negative at Rs (98.28) lakh, primarily due to a net loss on fair value changes of Rs (581.68) lakh. Total expenses for the quarter stood at Rs 355.71 lakh, resulting in a loss before tax of Rs (453.99) lakh.

Metric: Q4 FY26 (Audited) Q3 FY26 (Unaudited) Q4 FY25 (Audited)
Total Income: Rs (98.28) lakh Rs 443.50 lakh Rs 90.97 lakh
Total Expenses: Rs 355.71 lakh Rs 244.47 lakh Rs 257.70 lakh
Profit/(Loss) Before Tax: Rs (453.99) lakh Rs 199.03 lakh Rs (166.72) lakh
Net Profit/(Loss): Rs (547.98) lakh Rs 128.58 lakh Rs (170.77) lakh
Basic EPS (Rs): Rs (1.18) Rs 0.28 Rs (0.37)

Balance Sheet Highlights

As of March 31, 2026, total assets grew to Rs 19,142.46 lakh from Rs 16,159.24 lakh in the previous year, reflecting a significant increase in investments to Rs 7,714.08 lakh from Rs 3,637.11 lakh. However, loans declined to Rs 9,708.44 lakh from Rs 10,719.40 lakh. On the liabilities side, borrowings rose substantially to Rs 5,397.90 lakh from Rs 2,676.25 lakh. Equity share capital remained unchanged at Rs 4,661.28 lakh, while other equity increased to Rs 8,978.94 lakh from Rs 8,658.88 lakh.

Balance Sheet Item: Mar 31, 2026 (Audited) Mar 31, 2025 (Audited)
Cash & Cash Equivalents: Rs 479.26 lakh Rs 481.56 lakh
Loans: Rs 9,708.44 lakh Rs 10,719.40 lakh
Investments: Rs 7,714.08 lakh Rs 3,637.11 lakh
Total Assets: Rs 19,142.46 lakh Rs 16,159.24 lakh
Borrowings: Rs 5,397.90 lakh Rs 2,676.25 lakh
Equity Share Capital: Rs 4,661.28 lakh Rs 4,661.28 lakh
Other Equity: Rs 8,978.94 lakh Rs 8,658.88 lakh

Cash Flow Summary

The company generated net cash from operating activities of Rs 1,529.36 lakh for the year ended March 31, 2026, compared to Rs 2,881.38 lakh in the previous year. Cash used in investing activities stood at Rs (4,253.32) lakh, primarily on account of investment purchases of Rs (4,236.10) lakh. Financing activities contributed Rs 2,721.65 lakh, driven by an increase in borrowings of Rs 2,721.65 lakh. As a result, cash and cash equivalents at the end of the year stood at Rs 479.26 lakh, compared to Rs 481.56 lakh at the beginning of the year.

Cash Flow Item: FY26 FY25
Net Cash from Operating Activities: Rs 1,529.36 lakh Rs 2,881.38 lakh
Net Cash from Investing Activities: Rs (4,253.32) lakh Rs (2,434.57) lakh
Net Cash from Financing Activities: Rs 2,721.65 lakh Rs 13.47 lakh
Closing Cash & Cash Equivalents: Rs 479.26 lakh Rs 481.56 lakh

Auditor Appointments

The board approved the re-appointment of M/s O. P. Dad & Co., Chartered Accountants (Firm Registration No. 002330C), as Statutory Auditors for a second term of five consecutive years from FY 2026-27 to FY 2030-31, subject to shareholder approval at the ensuing Annual General Meeting. The firm will hold office from the conclusion of the 43rd Annual General Meeting until the conclusion of the 48th Annual General Meeting. Additionally, M/s NVS & Co., Chartered Accountants (FRN: 132180W), were re-appointed as Internal Auditors for the financial year 2026-27.

Historical Stock Returns for Sangam Finserv

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.76%+4.52%+31.41%-1.23%+439.81%

How will Sangam Finserv's doubling of borrowings to fund its investment portfolio affect its credit ratings and future cost of capital?

What specific asset classes or securities are driving the recurring fair value losses, and could management shift its investment strategy to reduce mark-to-market volatility?

Given the sharp decline in the loan book alongside rising impairment charges, is Sangam Finserv strategically pivoting away from lending toward an investment-heavy business model?

Sangam Finserv Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 09 Apr 2026, 11:20 AM
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Sangam Finserv Limited filed its Q4FY26 certificate under SEBI Regulation 74(5) on 9th April, 2026, confirming compliance with dematerialisation requirements. The certificate, submitted to BSE and Calcutta Stock Exchange, was provided by registrar Niche Technologies Private Limited and confirms proper processing of securities, mutilation of certificates, and updating of member registers as required by regulations.

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Sangam finserv Limited has submitted its mandatory quarterly compliance certificate to stock exchanges, confirming adherence to SEBI regulations for the quarter ended 31st March, 2026. The certificate was filed under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Filing Details

The company submitted the certificate on 9th April, 2026, to both BSE Limited and The Calcutta Stock Exchange Ltd. Company Secretary Ankit Mundra signed the submission letter, ensuring compliance with regulatory requirements.

Exchange Details: Information
BSE Limited: Scrip Code 538714
The Calcutta Stock Exchange Ltd.: Scrip Code 029400
Filing Date: 9th April, 2026
Reporting Period: Quarter ended 31st March, 2026

Registrar Confirmation

Niche Technologies Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the underlying certificate dated 6th April, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed according to regulatory requirements.

Compliance Confirmations

The certificate includes several key confirmations regarding the dematerialisation process:

  • Securities received for dematerialisation were confirmed to depositories (accepted/rejected)
  • All securities comprised in the certificate have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation were mutilated and cancelled after due verification
  • Depository names have been substituted in the register of members as the registered owner

Company Information

Sangam Finserv Limited operates with CIN L65910RJ1981PLC079945 and maintains its registered office at B-10, Second Floor S.K. Plaza, Pur Road Bhilwara - 311001 Rajasthan. The company can be contacted at 8955552601 and maintains its web presence at www.sftc.co.in .

The filing represents routine quarterly compliance with SEBI regulations, ensuring transparency in the dematerialisation process and maintaining proper records of share transfers and ownership changes during the reporting period.

Historical Stock Returns for Sangam Finserv

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.76%+4.52%+31.41%-1.23%+439.81%

Will Sangam Finserv's consistent regulatory compliance improve its eligibility for institutional investor participation in upcoming quarters?

How might the company's dual listing on BSE and Calcutta Stock Exchange impact its trading liquidity and market visibility going forward?

What strategic initiatives is Sangam Finserv likely to pursue in FY27 following its successful dematerialization compliance track record?

More News on Sangam Finserv

1 Year Returns:-1.23%