Finbud Financial Services Unveils FY2026 Results, Approves New Director Appointment

Finbud Financial Services Unveils FY2026 Results, Approves New Director Appointment​

Finbud Financial Services Limited announced key outcomes from its Board of Directors meeting held on May 27, 2026. The Board approved the audited financial results for both the half year and the full financial year ended March 31, 2026. In addition to the financial reporting, the company also approved the appointment of a new director and chief executive officer for its subsidiary, alongside a strategic private placement that will alter the parent company's ownership stake.

The Board formally approved the audited financial results, which include the standalone and consolidated Statements of Cash Flows and Statements of Assets and Liabilities for the half year and full financial year ended March 31, 2026. The accompanying reports included an audit opinion declaring the financials unmodified.

Changes in Subsidiary Structure and Leadership​

In terms of corporate structuring, the Board approved the appointment of Mr. Ajay Vikram Singh as a Director and Chief Executive Officer (CEO) of LTCV Credit Private Limited, a wholly owned subsidiary of the company.

The company also approved a private placement of equity shares by LTCV Credit Private Limited to Mr. Ajay Vikram Singh. Upon completion of this issuance, the company's shareholding in LTCV Credit Private Limited is expected to dilute from 100% to 66.77%. This transaction will result in LTCV Credit Private Limited ceasing to be a wholly owned subsidiary but continuing as a subsidiary of the company.

Financial Performance Snapshot​

The financial data presented confirms significant activity across the group's operations.

The consolidated financial results for the year ended March 31, 2026, highlight the following key figures:


For the standalone entity, the figures show:


The subsidiary, LTCV Credit Private Limited, contributed a turnover of Rs. 130.87 lakhs, representing 0.41% of the listed entity’s turnover or revenue or income during the last financial year. The expected date of change in the subsidiary's status is set after the proposed preferential allotment, which comprises 25,10,789 Equity Shares of face value of INR 10/- each at a premium of INR 0.50/- per share, aggregating to INR 2,63,63,285/-.

The consolidated balance sheet shows total assets and total equity and liabilities of 16,701 lakhs for the year ended March 31, 2026, compared to 6,909.21 lakhs in the previous year. The company’s cash and cash equivalents rose to 7,007.60 lakhs, up from 808.55 lakhs the previous year.

FINBUD Stock Price Movement​

Shares of Finbud Financial Services Limited are edging higher to ₹125.95 as of 3:18 PM today, having gained ₹2.15 and marking a 1.74% climb. The stock traded 7,000 shares in the live market, reflecting strong buying interest and positive momentum.