India Finsec Limited , a non-banking financial company (NBFC), has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing a mixed performance with robust consolidated growth despite standalone challenges.

Consolidated Performance Highlights

The company demonstrated strong consolidated performance for Q2 FY26:

The consolidated profit after tax for the half-year reached ₹1,089.63 crore, up from ₹894.84 crore in the previous year, marking a significant 21.8% increase.

Standalone Performance

On a standalone basis, the company faced some headwinds:

For the half-year, the standalone loss after tax was ₹12.56 crore, compared to a profit of ₹23.06 crore in the previous year.

Key Financial Indicators

• Earnings Per Share (EPS): The consolidated basic EPS for Q2 FY26 stood at ₹1.90, showing improvement from ₹1.81 in Q2 FY25.
• Debt-to-Equity Ratio: As of September 30, 2025, the consolidated debt-to-equity ratio was 0.90, indicating a balanced capital structure.
• Asset Quality: The company reported a net profit margin of 29% for Q2 FY26 on a consolidated basis.

Strategic Considerations

India Finsec is contemplating a strategic move to convert from a Type II NBFC-ND-NSI (Non-Deposit taking Non-Systemically Important NBFC) to a Type I NBFC-ND. This potential shift could impact the company's regulatory framework and operational dynamics.

Management Commentary

While specific management comments were not provided, the significant disparity between standalone and consolidated results suggests that the company's subsidiaries or group entities are driving overall growth, potentially offsetting challenges faced by the parent entity.

Auditor's Review

The statutory auditors, M/s Ajay Rattan & Co., Chartered Accountants, have issued Limited Review Reports with unmodified opinions on both the standalone and consolidated financial results for Q2 and H1 FY26.

India Finsec's mixed performance reflects the complex dynamics of the financial sector, with strong consolidated growth counterbalancing standalone challenges. Investors and stakeholders will likely keep a close watch on the company's strategic moves, particularly its potential NBFC category conversion, which could influence its future operational and financial trajectory.

India Finsec Limited , a financial services company, has reported a substantial decline in revenue and a shift to net loss for the quarter ended June 30, according to its latest financial results.

Sharp Revenue Decline

The company's total income from operations plummeted to ₹0.88 lakhs in the quarter, representing a staggering 98.5% year-on-year decline from ₹58.93 lakhs in the same quarter last year. The sequential decline was even more pronounced, with a 99.9% drop from ₹1,869.18 lakhs in the previous quarter.

Swing to Net Loss

India Finsec Limited reported a net loss of ₹8.05 lakhs for the quarter, a significant downturn compared to a net profit of ₹33.51 lakhs in the corresponding quarter of the previous year. The company had posted a net profit of ₹535.86 lakhs in the preceding quarter.

Key Financial Metrics

• Earnings Per Share (EPS): The company's EPS turned negative at ₹(0.03), down from ₹0.13 in the same quarter last year and ₹1.84 in the previous quarter.
• Paid-up Equity Share Capital: Remained unchanged at ₹2,919.17 lakhs.

Financial Performance Overview

The following table summarizes the key financial metrics for India Finsec Limited:

The company's financial results show a significant deterioration across all key metrics, with both revenue and profitability experiencing sharp declines.

Disclosure and Transparency

In compliance with regulatory requirements, India Finsec Limited has published its financial results in both English and Hindi newspapers, as disclosed in a filing to the BSE Limited under Regulation 30 of SEBI (LODR) Regulations, 2015.

The company's management did not provide any commentary on the results, nor did they offer a segment-wise performance breakdown or forward-looking guidance in the filing. This leaves investors and analysts to interpret the stark financial figures without additional context on the factors driving the company's performance or its future outlook.

As India Finsec Limited navigates through this challenging period, stakeholders will likely be looking for more detailed information and strategic plans from the company's management in the coming quarters to understand the path forward and potential turnaround strategies.