Usha Financial Services promoter group declares no encumbrance on shares for FY26

1 min read     Updated on 06 Jun 2026, 04:59 PM
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Usha Financial Services Limited's promoter group, holding 74.96% equity, declared no encumbrance on shares for FY26. The disclosure complies with SEBI (SAST) Regulations and was filed with the NSE on April 07, 2026.

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Usha Financial Services Limited disclosed that its promoter group and persons acting in concert (PACs) have not created any encumbrance on their shareholdings during the financial year 2025-26. The declaration, submitted by Promoter Rajesh Gupta on behalf of the group, confirms that no shares were pledged directly or indirectly other than those previously disclosed to the stock exchanges. This compliance filing covers the period ending March 31, 2026.

The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company forwarded this intimation to the National Stock Exchange of India Limited on April 07, 2026. The filing was signed by Kritika, Company Secretary and Compliance Officer of Usha Financial Services Limited.

The promoter group and PACs collectively hold 3,25,94,810 equity shares, representing 74.96% of the total paid-up share capital of the company. The list of shareholders includes individuals and corporate entities associated with the promoters.

Shareholding Details

The following table details the shareholding pattern of the promoter group and PACs as disclosed in the filing:

S. No Name of the Promoter/PAC No. of Shares % of shares
1 Rajesh Gupta 85,40,252 19.64%
2 Anoop Garg 54,60,746 12.56%
3 Nupur Gupta 2,63,300 0.61%
4 Geeta Goswami 4,17,900 0.96%
5 BR Hands Investments Private Limited 56,81,714 13.07%
6 Shikha Gupta 33,62,400 7.73%
7 Priya Garg 33,04,500 7.60%
8 Uninav Developers Pvt Ltd 47,76,198 10.99%
9 Sandhya Gupta 3,75,000 0.86%
10 Arushi Garg 43,800 0.10%
11 Rajesh Gupta HUF 1,74,000 0.40%
12 Anoop Garg HUF 1,80,000 0.41%
13 Sachin Kumar Gupta 15,000 0.03%
Total 3,25,94,810 74.96%

The declaration was addressed to the Audit Committee of Usha Financial Services Limited and subsequently submitted to the exchanges for record purposes.

Historical Stock Returns for Usha Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+7.27%+9.52%-15.12%-56.39%-78.22%

How might the absence of share encumbrances impact Usha Financial Services' ability to secure future financing or expand its lending portfolio?

Could this clean shareholding structure make the company a potential target for acquisition given the high promoter concentration?

What are the strategic growth plans for the company in the upcoming fiscal year following this compliance confirmation?

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Usha Financial FY26 net profit rises 68% to ₹2,246.02 lakh

1 min read     Updated on 26 May 2026, 03:30 AM
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Usha Financial Services Limited announced its audited standalone financial results for FY26, reporting a 68.26% YoY increase in net profit to ₹2,246.02 lakh. Total income grew by 16.90% to ₹7,130.74 lakh, driven by operational efficiency and asset quality improvements. The company expanded its branch network to 15 and plans to open 20 more branches in the current financial year.

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Usha Financial Services Limited reported a 68.26% year-on-year increase in net profit to ₹2,246.02 lakh for the financial year ended March 31, 2026. The company, an RBI-registered NBFC, achieved this growth on the back of a 16.90% rise in total income, which stood at ₹7,130.74 lakh. The audited standalone financial results were approved by the board and subsequently published in newspapers on May 23, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the year ended March 31, 2026, the company recorded a total revenue from operations of ₹7,113.41 lakh and other income of ₹17.33 lakh. Total expenses for the year amounted to ₹4,076.48 lakh, leading to a profit before tax of ₹3,054.26 lakh, a surge of 72.88% YoY. After a tax expense of ₹808.24 lakh, the net profit settled at ₹2,246.02 lakh. In the fourth quarter ended March 31, 2026, Usha Financial Services posted a net profit of ₹655.16 lakh on a total income of ₹1,769.85 lakh, with revenue from operations reaching ₹1,763.77 lakh.

Operational Highlights

The company's gross non-performing assets (GNPA) improved to 5.32% from 6.05% in the previous year, while the Capital Adequacy Ratio (CRAR) increased by 3.53% to reach 53.67%. Net worth strengthened by 10.15% YoY to ₹22,967.58 lakh. Total Loans and Advances (AUM) stood at ₹39,608.45 lakh as of March 31, 2026. Total loan disbursements in FY26 reached ₹50,929.19 lakh, an increase of 7.55% from the previous year. The branch network expanded significantly from 1 to 15 branches, covering 30 states compared to 20 states previously.

Earnings Per Share

The basic and diluted earnings per share (EPS) for the financial year ended March 31, 2026, was reported at ₹5.17. For the quarter ended March 31, 2026, the basic and diluted EPS stood at ₹1.51.

Key Financial Metrics

Particulars Year Ended (₹ Lakh)
Total Income 7,130.74
Total Expenses 4,076.48
Net Profit 2,246.02
Basic EPS 5.17
Total Assets 42,963.54

Historical Stock Returns for Usha Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+7.27%+9.52%-15.12%-56.39%-78.22%

Can the rapid expansion from 1 to 15 branches be sustained without impacting asset quality in the next fiscal year?

How will the company utilize its strong Capital Adequacy Ratio (CRAR) of 53.67% to fuel future loan growth?

What strategies are in place to further reduce Gross Non-Performing Assets (GNPA) below the current 5.32%?

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1 Year Returns:-56.39%