Comfort Fincap Limited has announced its financial results for the second quarter ended September 30, 2025, showcasing robust growth and profitability. The non-banking financial company (NBFC) also reported a significant change in its board composition.

Financial Highlights

The company reported impressive year-on-year growth in its Q2 FY26 results:

For the half-year ended September 30, 2025, Comfort Fincap's performance remained strong:

The company's Assets Under Management (AUM) grew by 34.13% year-on-year to Rs. 10,389.59 lakhs, indicating substantial business expansion. Additionally, the net worth of Comfort Fincap increased by 65.57% to Rs. 9,505.17 lakhs, reflecting a strengthened financial position.

Board Reshuffle

In a separate announcement, Comfort Fincap informed that Mr. Devendra Lal Thakur has resigned from his position as Non-Executive Independent Director, effective from the close of business hours on October 28, 2025. Mr. Thakur cited pre-occupation and personal commitments as reasons for his departure.

The resignation affects Mr. Thakur's roles as Chairperson/Member of various Board Committees. He also holds directorships in other listed entities, including Comfort Intech Limited and DhanSafal Finserve Limited, where he serves on multiple board committees.

Market Implications

The strong financial results, coupled with the significant growth in AUM and net worth, may positively influence investor sentiment towards Comfort Fincap. However, the resignation of a key board member could potentially impact the company's governance structure in the short term.

Investors and market watchers will likely keep a close eye on how Comfort Fincap manages this transition and maintains its growth trajectory in the coming quarters.

The company has announced that its trading window will reopen on October 31, 2025, following the board meeting and results announcement.

As Comfort Fincap continues to navigate the dynamic NBFC sector, its ability to sustain this growth momentum and effectively manage its board composition will be crucial factors in determining its future market position and investor confidence.

Comfort Fincap Limited has seen an increase in its promoter group's stake as Luharuka Sales & Services Private Limited acquired additional shares through open market transactions. The company purchased 45,782 equity shares of Comfort Fincap on September 24-25, 2025, increasing its shareholding from 5.90% to 5.95% of the total share capital.

Acquisition Details

The acquisition was carried out in two tranches:

Following this acquisition, Luharuka Sales & Services now holds 52,04,881 shares out of Comfort Fincap's total equity share capital of 8,75,06,500 shares, each with a face value of Rs. 2.00.

Regulatory Compliance

The disclosure of this acquisition was made in compliance with the Securities and Exchange Board of India (SEBI) regulations for substantial acquisition of shares. Luharuka Sales & Services Private Limited filed the necessary documentation on September 30, 2025, as per Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Company Information

Comfort Fincap Limited is listed on the BSE with the scrip code 535267. The company's registered office is located at 22, Camac Street, Block B, Kolkata, West Bengal - 700016.

Luharuka Sales & Services Private Limited, the acquirer, is registered with CIN: U51909MH2010PTC205252 and has its registered office at A-301, Hetal Arch, S.V. Road, Opp Natraj Market, Malad (West), Mumbai 400064.