S.I.Capital & Financial Services Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a net loss of ₹10.61 lakhs compared to a profit of ₹15.85 lakhs in the corresponding quarter of the previous year. The results were approved by the Board of Directors at their meeting held on February 11, 2026, following review by the Audit Committee.

Financial Performance Overview

Despite reporting a quarterly loss, the company demonstrated strong revenue growth with total revenue from operations increasing by 45.14% to ₹92.96 lakhs in Q3FY26 from ₹64.06 lakhs in Q3FY25. Interest income, the primary revenue source, grew significantly to ₹92.01 lakhs from ₹62.79 lakhs in the same period last year.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, S.I.Capital showed improved performance with a net profit of ₹20.40 lakhs compared to a loss of ₹8.87 lakhs in the corresponding period of the previous year. Total revenue from operations for the nine-month period reached ₹269.34 lakhs, representing a substantial increase of 51.15% from ₹178.18 lakhs in the previous year.

Expense Analysis and Operational Changes

The quarterly loss was primarily attributed to increased operational expenses, which rose to ₹103.97 lakhs in Q3FY26 from ₹49.97 lakhs in Q3FY25. Notable increases were observed in fees and commission expenses (₹19.31 lakhs vs ₹0.95 lakhs) and employee benefits expenses (₹31.36 lakhs vs ₹20.97 lakhs). Additionally, the Board approved transferring the FFM business from the Pallimukku branch in Ernakulam to the Admin office at Thrissur.

Regulatory Compliance and Audit

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS 34) and reviewed by statutory auditors Ayyar & Cherian Chartered Accountants, who issued an unqualified review conclusion. The company operates as a Non-Systemically Important Non-Deposit taking Non-Banking Financial Company, primarily engaged in lending finance business. The earnings per share for Q3FY26 was negative at ₹0.21 compared to positive ₹0.35 in Q3FY25, with paid-up equity share capital standing at ₹505.00 lakhs.

Si Capital & Financial Services Limited has announced the successful completion of its postal ballot process, with shareholders providing unanimous approval for key corporate governance initiatives. The company declared the voting results on January 30, 2026, following a month-long voting period that concluded with strong shareholder support.

Postal Ballot Process Overview

The postal ballot was conducted between December 30, 2025 and January 28, 2026, with the cut-off date for eligible shareholders set as December 26, 2025. The process was overseen by CS K. Sreekrishna Kumar of K Sreekrishna Kumar & Co., who served as the appointed scrutinizer. The company utilized the e-voting facility provided by Central Depository Services (India) Limited (CDSL) for the remote voting process.

Resolution Results

Both resolutions presented to shareholders received overwhelming support, with 100% of votes cast in favour:

Share Capital Increase Approval

The first resolution, classified as an ordinary resolution, sought approval for increasing the company's authorised share capital along with consequent alterations to the Capital Clause of the Memorandum of Association. This resolution received unanimous support from all voting categories, with 33 members casting 3436199 votes entirely in favour.

Independent Director Appointment

The second resolution, requiring special resolution status, approved the appointment of Shri Vinod Manazhy (DIN: 08986929) as a Non Executive Independent Director of the company. This appointment also received 100% approval from the voting shareholders, demonstrating strong confidence in the proposed board composition.

Voting Participation Analysis

The voting pattern showed strong participation across different shareholder categories:

The promoter and promoter group demonstrated complete participation with 100% of their holdings voted, while public non-institutional shareholders showed significant engagement with 47.35% participation. Notably, public institutions did not participate in the voting process.

Regulatory Compliance

The postal ballot process was conducted in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 110 of the Companies Act, 2013. The scrutinizer's report confirmed that all procedural requirements were met and the voting process was conducted in a fair and transparent manner.