Kumbhat Financial Services Limited has announced its board meeting scheduled for February 9, 2026, to review quarterly financial results and address key corporate governance matters. The meeting, convened under Regulation 29 read with Regulation 33 of the Listing Regulations, will take place at the company's registered office in Chennai.

Meeting Details and Agenda

The board meeting is scheduled for Monday, February 9, 2026, at 3:00 PM at the registered office located at 5th Floor, Kumbhat Complex, No. 29, Rattan Bazaar, Chennai 600 003. The meeting will address several critical business matters as outlined in the company's official communication to BSE Limited.

Financial Results Review

The primary agenda item involves approving the unaudited financial results for the quarter ended December 31, 2025. This represents the company's Q3FY26 performance, which will provide stakeholders with insights into the company's financial position during the third quarter of the current fiscal year. The board will also take note of the limited review report from the statutory auditors, ensuring compliance with regulatory requirements.

Leadership Changes

Significant corporate governance changes are on the agenda, particularly regarding the company secretary position. The board will formally accept the resignation of Mr. Mohanraj S, who currently serves as Company Secretary. Following this acceptance, the board will proceed to appoint a new company secretary to ensure continuity in corporate governance and regulatory compliance functions.

Corporate Communication

The official intimation was signed by Sanjay Kumbhat, Managing Director (DIN: 03077193), and submitted to BSE Limited on January 30, 2026. The communication ensures transparency and keeps stakeholders informed about upcoming corporate decisions that may impact the company's operations and governance structure.

The meeting agenda also includes provisions for any other matters that may arise with the chairman's approval, allowing flexibility for additional business discussions as needed.

Kumbhat Financial Services Limited (KFSL) has reported a substantial increase in its loan portfolio for the quarter ended September 30, 2025. The company's unaudited financial results, approved by the Board of Directors, reveal notable growth and changes in its financial position.

Loan Portfolio Expansion

KFSL's loan portfolio witnessed a remarkable surge, increasing to Rs 2,198.31 crore as of September 30, 2025, compared to Rs 292.71 crore in the previous year. This significant growth of over 650% indicates a robust expansion in the company's lending activities.

Financial Performance Highlights

The company's financial results for Q2 FY2026 showcase several key points:

Despite the substantial increase in total income, the profit before tax saw a decline, which may be attributed to increased expenses associated with the rapid expansion of the loan portfolio.

Balance Sheet Strengthening

The balance sheet of KFSL as of September 30, 2025, reflects the company's growth:

• Total Assets increased to Rs 2,274.87 crore, up from Rs 486.64 crore in the previous year.
• Borrowings (other than Debt Securities) stood at Rs 1,500.00 crore, compared to Rs 202.19 crore in the previous year.
• The company's equity position improved, with Total Equity rising to Rs 549.04 crore from Rs 273.10 crore.

Liquidity Position

KFSL's cash and cash equivalents decreased to Rs 19.14 crore as of September 30, 2025, from Rs 380.99 crore in March 2025. This reduction in cash position may be attributed to the significant expansion in the loan portfolio.

Auditor's Review

The statutory auditors, Joseph & Rajaram, Chartered Accountants, have provided an unmodified limited review report for the quarter and half-year ended September 30, 2025. They stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Management Commentary

Sanjay Kumbhat, Managing Director of KFSL, signed off on the financial statements. The company's board meeting, held on November 14, 2025, commenced at 3:00 p.m. and concluded at 4:00 p.m., where these results were approved.

The significant growth in KFSL's loan portfolio and total income suggests an aggressive expansion strategy. However, investors and analysts may want to closely monitor the company's profitability and liquidity position in the coming quarters, given the substantial changes in its financial structure.