Haryana Capfin Reports Q3FY26 Loss, Announces Board Leadership Changes
Haryana Capfin Limited reported Q3FY26 results showing a net loss of Rs 6.23 lakhs versus Rs 23.89 lakhs profit in Q3FY25, with revenue declining to Rs 4.88 lakhs from Rs 49.72 lakhs. Nine-month performance remained profitable at Rs 439.97 lakhs though down from Rs 493.76 lakhs previously. The company announced board changes with Mr. Vijay Kaushik designated as new Chairperson and Mr. Ram Ji Nigam appointed as Additional Director, both effective February 13, 2026.
*this image is generated using AI for illustrative purposes only.
Haryana Capfin Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, along with significant board leadership changes during its meeting held on February 13, 2026.
Financial Performance Overview
The company reported contrasting performance between quarterly and nine-month results. The third quarter showed challenging performance with a net loss, while the nine-month period maintained overall profitability despite a year-on-year decline.
| Financial Metric: | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Total Revenue: | Rs 4.88 lakhs | Rs 49.72 lakhs | -90.18% |
| Net Profit/(Loss): | Rs (6.23) lakhs | Rs 23.89 lakhs | Loss |
| Basic EPS: | Rs (0.12) | Rs 0.46 | Negative |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, the company demonstrated resilience with sustained profitability, though at reduced levels compared to the previous year.
| Nine-Month Metrics: | FY26 (9M) | FY25 (9M) | Change |
|---|---|---|---|
| Total Revenue: | Rs 633.30 lakhs | Rs 707.80 lakhs | -10.52% |
| Net Profit: | Rs 439.97 lakhs | Rs 493.76 lakhs | -10.89% |
| Basic EPS: | Rs 8.45 | Rs 9.48 | -10.86% |
Revenue Composition and Operational Highlights
The company's revenue structure showed significant variations across quarters. Dividend income contributed Rs 610.43 lakhs in Q2 FY26, while Q3 FY26 primarily generated revenue from mutual fund operations with Rs 4.88 lakhs profit on sale of mutual fund units. Interest income, which was Rs 42.37 lakhs in Q3 FY25, was nil in the current quarter.
Board Leadership Restructuring
The Board of Directors approved important governance changes effective February 13, 2026. Mr. Vijay Kaushik, a Non-Executive Independent Director, has been designated as the new Chairperson of the Board of Directors.
| Leadership Change: | Details |
|---|---|
| New Chairperson: | Mr. Vijay Kaushik (Non-Executive Independent) |
| Additional Director: | Mr. Ram Ji Nigam (DIN: 03100651) |
| Appointment Date: | February 13, 2026 |
| Approval Status: | Subject to shareholder approval for Mr. Nigam |
Key Appointments and Profiles
Mr. Vijay Kaushik brings extensive industrial experience spanning over 45 years in the manufacturing sector. A Law Graduate from the University of Delhi, he began his entrepreneurial journey in 1978 and has expertise in product development, market dynamics, and corporate governance across multiple listed and unlisted companies.
Mr. Ram Ji Nigam, appointed as Additional Director, is an accomplished Company Secretary and Law Graduate with over 22 years of experience in corporate governance, regulatory affairs, and legal advisory. His expertise encompasses SEBI regulations, listing requirements, and corporate restructuring.
Other Comprehensive Income Impact
The company experienced significant other comprehensive income fluctuations primarily due to fair value changes in investments. Q3 FY26 recorded Rs (1,683.16) lakhs in other comprehensive income, resulting in total comprehensive income of Rs (1,689.39) lakhs for the quarter.
Historical Stock Returns for Haryana Capfin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.55% | -2.72% | -7.12% | -19.78% | -1.84% | +384.49% |
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