Polo Queen Industrial and Fintech Reports Q1 FY26 Results, Reappoints Auditors and Directors

2 min read     Updated on 24 Jul 2025, 08:54 PM
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Overview

Polo Queen Industrial and Fintech Limited (PQIF) reported improved profitability for Q1 2025 despite revenue decrease. Standalone net profit increased by 19.23% to ₹56.04, while consolidated net profit rose by 8.64% to ₹71.66. Total income from operations fell by 33.22% to ₹1,721.99. The company reappointed M/s. N. K. Jalan and Co. as statutory auditors for FY 2025-26 to 2029-30. Mr. Umesh Kumar Agarwalla and Mr. Udit P. Sanghai were reappointed as Whole-time Directors for three-year terms.

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*this image is generated using AI for illustrative purposes only.

Polo Queen Industrial and Fintech Limited (PQIF) has reported its financial results for the quarter ended June 30, 2025, showing improved profitability despite a decrease in revenue.

Financial Performance

For the quarter, PQIF reported:

Metric Standalone Year-on-Year Change Consolidated Year-on-Year Change
Net Profit ₹56.04 +19.23% ₹71.66 +8.64%
Total Income from Operations ₹1,721.99 -33.22% - -

Despite the significant year-on-year decrease in revenue, the company managed to improve its profitability on both standalone and consolidated bases.

Segment Performance

PQIF operates across multiple segments including trading, non-banking financial business, pharma, and IT/ITES. The trading segment remains the primary revenue contributor, although specific segment-wise details were not provided in the results.

Board Decisions and Reappointments

In a recent board meeting, PQIF made several key decisions:

Statutory Auditor Reappointment

M/s. N. K. Jalan and Co. have been reappointed as the company's statutory auditors for a period of four years, from FY 2025-26 to 2029-30.

Whole-time Director Reappointments

  • Mr. Umesh Kumar Agarwalla has been reappointed as a Whole-time Director for three years, effective April 1, 2026.
  • Mr. Udit P. Sanghai has been reappointed as a Whole-time Director for three years, effective January 1, 2026.

Future Outlook

While PQIF has shown resilience in its profitability, the company will need to address the significant decline in revenue. The diverse operations across multiple segments provide potential for growth, but the company will need to focus on reversing the revenue decline while maintaining its improved profitability.

Investors and stakeholders will be watching closely to see how Polo Queen Industrial and Fintech navigates the current market conditions and leverages its multi-segment strategy to drive sustainable growth in the coming quarters.

Historical Stock Returns for Polo Queen Industrial And Fintech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%-4.28%+16.78%-34.70%+11.93%+2,369.15%
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Polo Queen Industrial and Fintech to Invest ₹52.5 Million in Subsidiary to Meet RBI Requirements

1 min read     Updated on 07 Mar 2025, 08:19 PM
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Overview

Polo Queen Industrial and Fintech Limited has approved an investment of ₹52.5 million in its wholly-owned subsidiary, Polo Queen Capital Limited (PQCL). The investment will be made in tranches, with ₹2.5 million to be invested by March 31, 2025, and the remainder by March 31, 2027. This move aims to maintain the minimum Net Owned Fund requirement for NBFCs as prescribed by the RBI. Additionally, the company plans to obtain a loan of up to ₹100 crore from a promoter group company for various purposes including working capital and investments in subsidiaries.

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*this image is generated using AI for illustrative purposes only.

Polo Queen Industrial and Fintech Limited , a diversified company with interests in industrial and financial services, has announced a significant investment plan for its wholly-owned subsidiary, Polo Queen Capital Limited (PQCL). The company's board of directors approved an investment of ₹52.5 million (5.25 crore) in PQCL, to be made in two or more tranches.

Investment Details

The investment decision, disclosed in a recent board meeting outcome, is aimed at maintaining the minimum Net Owned Fund requirement prescribed by the Reserve Bank of India (RBI) for Non-Banking Financial Companies (NBFCs). This move underscores the company's commitment to regulatory compliance and strengthening its financial services arm.

Investment Structure

The investment will be structured as follows:

  • Initial Investment: ₹2.5 million (25 lakh) to be invested on or before March 31, 2025
  • Subscription: 250,000 equity shares of ₹10 each on a rights basis
  • Remaining Amount: To be invested in subsequent tranches, with the entire investment expected to be completed by March 31, 2027

Subsidiary Profile

Polo Queen Capital Limited, incorporated on March 15, 2016, operates in the financial services sector and is registered with the RBI as a Non-Banking Financial Services company. The investment aims to bolster PQCL's financial position and ensure compliance with regulatory requirements.

Financial Snapshot

PQCL's financial performance over the past three years shows significant growth:

Financial Year Turnover (₹)
2023-24 2,18,96,670
2022-23 23,14,570
2021-22 8,33,190

The substantial increase in turnover, particularly in FY 2023-24, indicates the subsidiary's growing importance within the Polo Queen Industrial and Fintech Limited group.

Additional Corporate Actions

In the same board meeting, Polo Queen Industrial and Fintech Limited also approved obtaining a loan of up to ₹100 crore from Sanghai Holdings Private Limited, a promoter group company. This loan, subject to shareholder approval, is intended for various purposes including:

  • Working capital requirements
  • Settlement of outstanding loans
  • Financing investments in subsidiaries
  • Funding upcoming projects

The investment in PQCL and the potential loan arrangement demonstrate Polo Queen Industrial and Fintech Limited's strategic moves to strengthen its financial position and support its growth initiatives across its business segments.

Historical Stock Returns for Polo Queen Industrial And Fintech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%-4.28%+16.78%-34.70%+11.93%+2,369.15%
Polo Queen Industrial And Fintech
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