Superior Finlease FY26 net profit rises to ₹4.77 lakh

Superior Finlease Limited reported a net profit of ₹4.77 lakh for the financial year ended March 31, 2026, rising from ₹1.12 lakh in the previous year. Total income declined to ₹36.70 lakh from ₹64.12 lakh in FY25, primarily due to lower interest income. The company’s earnings per share (EPS) for the year stood at ₹0.01, compared to ₹0.00 in the prior year.

Financial Performance

The company’s revenue from operations for FY26 was ₹34.47 lakh, down from ₹64.12 lakh in the previous year. Interest income constituted the entirety of the revenue from operations. Total expenses for the year reduced to ₹30.85 lakh from ₹62.57 lakh in FY25, driven by a decrease in employee benefit expenses, which fell to ₹17.23 lakh from ₹46.82 lakh.

Particulars	Year Ended 31.03.2026 (₹ in lacs)	Year Ended 31.03.2025 (₹ in lacs)
Total Income	36.70	64.12
Total Expenses	30.85	62.57
Profit for the period	4.77	1.12
Earnings Per Share (Basic)	0.01	0.00

Balance Sheet and Cash Flows

Total assets as of March 31, 2026, stood at ₹5,145.21 lakh, compared to ₹5,018.58 lakh a year earlier. The company’s borrowings amounted to ₹4,486.71 lakh, slightly lower than ₹4,493.58 lakh in FY25. Cash and cash equivalents decreased significantly to ₹20.80 lakh from ₹119.20 lakh in the previous year. The net cash flow from operating activities was negative at ₹(203.09) lakh, while investing activities generated ₹34.47 lakh.

Audit Qualifications

The statutory auditors, R.C. Agarwal & Co., issued a qualified opinion in the audit report. The qualifications relate to the company not recognizing revenue on an accrual basis and the non-creation of provisions on Non-Performing Asset (NPA) assets as per applicable RBI prudential norms. Management stated that the books of accounts are in accordance with RBI regulations following an NOC issued by the RBI on April 4, 2025.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-10.47%	-21.03%	+5.48%	-0.65%	-91.78%

Superior Finlease reported a net profit of ₹4.77 lakh for the financial year ended March 31, 2026, an increase from ₹1.12 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹34.47 lakh, a decline from ₹64.12 lakh in FY25. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, in a meeting held on May 29, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹1.81 lakh, compared to a loss of ₹7.81 lakh in the corresponding quarter of the previous year. Total income for Q4FY26 was ₹13.25 lakh, while total expenses stood at ₹11.39 lakh. The paid-up equity share capital increased to ₹510.81 lakh in FY26 from ₹432.60 lakh in FY25 following a preferential allotment of equity shares.

Auditor's Observations

The statutory auditors, R.C. Agarwal & Company, issued an audit report with a modified opinion. The auditors noted that the company has not recognized revenue in the books of accounts on an accrual basis and that the provision for Non-Performing Asset (NPA) accounts has not been created as per applicable RBI prudential norms. The Board acknowledged these observations and stated that appropriate corrective measures would be undertaken in due course.

Fund Raising Proposal Deferred

The Board considered a proposal to raise funds through permissible modes, including a rights issue, preferential allotment, or qualified institutional placement. However, the matter was deferred pending in-principle approval from BSE Limited regarding funds previously raised through a preferential issue and ongoing internal deliberations.