Nalin Lease Finance Limited announced its unaudited financial results for the third quarter of fiscal year 2026, ending December 31, 2025. The Non-Banking Financial Company (NBFC), registered with the Reserve Bank of India as a Base layer NBFC, reported mixed performance with revenue growth but declining profitability compared to the same period last year.

Financial Performance Overview

The company's financial performance for Q3FY26 showed contrasting trends in revenue and profitability metrics:

Revenue Growth Despite Challenges

The company demonstrated strong operational revenue growth, with revenue from operations increasing to ₹189.09 crores in Q3FY26 from ₹162.12 crores in Q3FY25. Interest income, representing the core business activity, grew significantly by 12.1% to ₹172.32 crores. The company also reported net gain on fair value changes of ₹8.44 crores compared to a loss of ₹1.50 crores in the previous year quarter.

Expense Management and Cost Pressures

Total expenses increased substantially to ₹89.51 crores in Q3FY26 from ₹75.88 crores in Q3FY25, representing an 18.0% increase:

Finance costs showed the most significant increase, rising 58.4% year-on-year, which substantially impacted the company's bottom line performance.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company reported net profit of ₹243.57 crores compared to ₹294.84 crores in the corresponding period of the previous year, representing a 17.4% decline. Revenue from operations for the nine-month period reached ₹571.53 crores, up from ₹520.27 crores in the previous year.

Earnings Per Share and Capital Structure

The company maintained its paid-up equity share capital at ₹655.82 crores with a face value of ₹10 per share. Basic and diluted earnings per share for Q3FY26 stood at ₹1.14, down from ₹1.52 in Q3FY25. The Board of Directors approved these results at their meeting held on January 20, 2026, with the statutory auditors completing their limited review of the financial statements.

Nalin Lease Finance Limited has reported a further increase in stake by NLFL Commercial Pvt Ltd, a member of the promoter group, through another open market transaction. The latest acquisition, which took place on December 10, 2025, saw NLFL Commercial purchase an additional 6,699 shares, representing 0.56% of the company's equity.

Latest Transaction Details

This represents the second acquisition by NLFL Commercial in recent days, following a previous purchase of 12,299 shares on December 9, 2025. The cumulative effect of these transactions has significantly strengthened the promoter group's position in the company.

Company Information

Transaction Specifics

The acquisition was executed through open market purchase on December 10, 2025. NLFL Commercial Pvt Ltd, incorporated with CIN U70200GJ2023PTC146531, operates as a member of the promoter group. The company is based in Himatnagar, Gujarat, with its registered office at Gandhi Nursing Home Building. The transaction was signed off by Director Harsh Gandhi (DIN: 03120638).

Impact on Shareholding Structure

This acquisition further strengthens the promoter group's position in Nalin Lease Finance Limited. The equity share capital of the target company stands at 65,58,180 shares. The increase from 0.57% to 1.13% represents a doubling of the promoter's stake, demonstrating continued confidence in the company's prospects and strategic direction.

Regulatory Compliance

The disclosure of this transaction complies with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal disclosure was submitted to the Bombay Stock Exchange on December 11, 2025, ensuring transparency for all stakeholders. This regulation requires prompt disclosure of any change in shareholding, maintaining market integrity and investor confidence.