Hybrid Financial Services Approves FY2026 Results, Plans Director Appointment
Hybrid Financial Services Limited held a Board of Directors meeting on Thursday, May 21, 2026, where the Board approved the audited financial results for the year ended March 31, 2026. During the meeting, the company also considered major corporate actions, including the redemption of preference shares and the appointment of a new Whole Time Director.The Board noted that the Company's statutory auditors, M/S. S. Ramanand Aiyar & Co, issued an Audit Report with an unmodified opinion on the financial statements.
Financial Performance Highlights (Year Ended March 31, 2026)
The Board presented the audited financial results, providing comparative data across quarterly and annual periods.The Statement of Audited Financial Results for the Year Ended March 31, 2026, showed the following key financial figures (Amounts in Rs. Lakhs):
| Particulars | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|
| Revenue from Operations | 116.12 | 527.72 | 561.20 |
| Total Income (1+2+3+4) | 221.58 | 680.54 | 718.93 |
| Total Expenses | 177.50 | 410.73 | 313.92 |
| Profit after Exceptional Items and Tax | 44.08 | 270.01 | 383.69 |
| Total Comprehensive / Income | (117.58) | 526.38 | 503.17 |
Balance Sheet Comparison
The Balance Sheet details as of March 31, 2026, and March 31, 2025, were approved:
| Particulars | As at 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Total Assets | 5,432.54 | 4,986.62 |
| Non Current Assets: Intangible Assets | 384 | 66 |
| Total Non Current Assets | 3,192.62 | 2,880.22 |
| Total Current Assets | 2,239.92 | 2,106.40 |
| TOTAL OF ASSETS | 5,432.54 | 4,986.62 |
| Total Equity | 4,416.14 | 3,919.32 |
| Total Non Current Liabilities | 878.09 | 900.92 |
| Total Current Liabilities | 138.31 | 166.38 |
| TOTAL OF EQUITY AND LIABILITIES | 5,432.54 | 4,986.62 |
Cash Flow Summary
The cash flow statement reported the following net increases/uses in cash:
| Category | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|
| Net Cash Generated From Operating Activities (A) | 73.69 | 363.59 |
| Net Cash From Investing Activities (B) | 140.04 | 165.37 |
| Net Cash From Financing Activities (C) | (72.20) | (73.02) |
| Net Increase / (Decrease) in Cash and Cash Equivalents (A+B+C) | 141.53 | (271.24) |
Corporate Governance and Directorship Changes
During the meeting, the Board considered two key governance matters:1. Whole Time Director Appointment: The Board considered the appointment of Mrs. Megha J. Vazkar (DIN: 00179162) as a Whole Time Director for a period of 3 years. This appointment is effective from July 15, 2026, subject to member approval at the Annual General Meeting (AGM).
2. Committee Reconstitution: The Nomination and Remuneration Committee was reconstituted following Mrs. Megha Vazkar's re-designation. The current members are:
| Name of Member | Status | Nature of Directorship |
|---|---|---|
| Mr. Nilay S. Sharma | Chairman | Independent Director |
| Mr. Sameer S. Pimpale | Member | Independent Director |
| Dr. Nitin K. Tike | Member | Independent Director |
Key Approvals and Corporate Actions
The Board approved the following corporate actions:- Dividend Payment: Considered the payment of 1% Preference Dividend on Preference Shares.
- Share Redemption: Approved the redemption of the balance preference shares amounting to Rs. 70 Lakhs.
The company's Nomination and Remuneration Committee and the detailed qualifications of the proposed director, Mrs. Megha J. Vazkar, were also presented.
Upcoming General Meeting
The Annual General Meeting (AGM) of the Company is scheduled for Thursday, September 10, 2026. The period for Book Closures related to this meeting is from Monday, September 7, 2026, to Thursday, September 10, 2026.HYBRIDFIN Stock Price Movement
Today, Hybrid Financial Services Limited shares edged higher to close at ₹18.89, marking a solid 2.50% gain for the session. The stock saw robust trading activity in the post-market, finishing with a total traded volume of 4,510 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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