Fundviser Capital (India) Limited, a company primarily engaged in investment activities, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The results, approved by the company's Board of Directors, reveal a mixed performance with significant revenue growth but a continued net loss on a consolidated basis.

Key Financial Highlights

• Consolidated Revenue: The company reported a substantial increase in consolidated revenue from operations, rising to Rs. 4,294.41 crore for Q2 FY2026, up from Rs. 1,700.48 crore in the previous quarter.

• Consolidated Net Loss: Despite the revenue surge, Fundviser Capital posted a consolidated net loss of Rs. 2.36 crore for the quarter. However, this represents an improvement from the previous quarter's net loss of Rs. 51.62 crore.

• Standalone Performance: On a standalone basis, the company's net loss narrowed to Rs. 5.12 crore, compared to a loss of Rs. 12.80 crore in the previous quarter. Standalone revenue from operations increased to Rs. 104.06 crore from Rs. 51.69 crore.

Financial Position

The consolidated statement of assets and liabilities as of September 30, 2025, shows:

Operational Insights

Fundviser Capital operates through several subsidiaries, including Starlight Box Theatres Private Limited and DARS Transtrade Private Limited. The company is also a partner in New India RE & INFRA LLP, with a 64% capital contribution.

Auditor's Review

The company's auditors, JMT Associates, have conducted a limited review of the financial statements and provided an unmodified opinion. The Audit Committee has reviewed the results without offering any additional comments.

Recent Developments

The company recently completed a preferential issue of equity shares and convertible warrants, raising approximately Rs. 129.61 crore. This aligns with Fundviser Capital's focus on investments, long-term funding requirements, working capital, and general corporate purposes.

Looking Ahead

While the company has shown significant revenue growth, it continues to face challenges in achieving profitability. Investors and stakeholders may be watching closely to see how Fundviser Capital utilizes its raised funds and if the revenue growth translates into improved bottom-line performance in the coming quarters.

Fundviser Capital (India) Limited , a company in the investment sector, has taken significant steps to strengthen its capital structure and strategic positioning. The company's board has approved the allotment of convertible warrants, marking an important development in its financial strategy.

Convertible Warrants Allotment

Fundviser Capital's board has approved the allotment of 64,85,000 convertible warrants on a preferential basis. Here are the key details of the approved warrant issue:

This move is aimed at raising capital for the company's growth initiatives while potentially increasing the promoter stake in the company. The warrants can be converted into equity shares by May 24, 2027, providing flexibility to the warrant holders.

Breakdown of Warrant Allotment

Out of the total 64,85,000 convertible warrants:

• 42,60,000 warrants were allotted to promoter group members
• 22,25,000 warrants were allotted to non-promoters

The promoter group allottees include Prem Krishan Jain, Kriti Jain, Renu Prem Jain, Trikaal Theatres Realty India Private Limited, and Mohit Prem Krishan Jain.

Financial Implications

The company has raised Rs. 19.86 crore upfront through this allotment. This represents 25% of the total warrant value, as is typical in such transactions. The remaining amount will be payable upon conversion of the warrants into equity shares.

Upon full conversion of these warrants, the company's diluted share capital is expected to increase to Rs. 12.40 crores.

Strategic Significance

The allotment of convertible warrants to promoters and strategic investors indicates confidence in the company's future prospects. It also provides Fundviser Capital with additional capital that can be deployed for various growth initiatives or strengthening the company's financial position.

Previous Shareholder Approval

This allotment follows a previous Extraordinary General Meeting (EOGM) where shareholders had approved the issue of convertible warrants and alterations to the company's Main Object Clause. The current board approval and allotment are in line with those shareholder resolutions.

Investors and market watchers will likely keep a close eye on how Fundviser Capital utilizes this additional capital and how it impacts the company's future performance and market positioning. The company is expected to keep the market informed of any material developments resulting from this capital raise, in adherence to regulatory disclosure norms.