IndoStar Capital Finance Reports Audited Financial Results for FY 2026; Highlights Include Major Divestment Gains
IndoStar Capital Finance Limited (ICFL) announced its audited financial results for the quarter and the financial year ended March 31, 2026. The company confirmed that the Board of Directors reviewed and approved the results, which were audited by M/s. MSKA & Associates LLP, Chartered Accountants.During the reporting period, the Group recorded a significant exceptional item gain from the divestment of Niwas Housing Finance Limited (NHFL), a debt-listed material subsidiary.
Financial Performance Summary (Rs. in Lakhs)
The company presented both standalone and consolidated financial data for the year ended March 31, 2026. The results demonstrate growth in total revenue from operations and total income year over year.Consolidated Financial Results (Year Ended March 31, 2026)
| Particulars | Year ended 31 March 2026 | Year ended 31 March 2025 |
|---|---|---|
| Total revenue from operations | 1,39,312 | 1,40,417 |
| Total income (a+b) | 1,39,381 | 1,40,966 |
| Profit/(loss) before exceptional items and tax | (87,654) | 5,255 |
| Exceptional Items (Divestment Gain) | 1,17,595 | - |
| Profit/(loss) after tax from continuing operations | 13,036 | 5,249 |
| Total comprehensive Income | 13,758 | 12,052 |
The results show that the total comprehensive income for the year ended March 31, 2026, was 13,758 lakhs, compared to 12,052 lakhs in the previous year.
Standalone Financial Results (Year Ended March 31, 2026)
The standalone results saw a total income of 34,674 lakhs for the quarter ended March 31, 2026, and a total comprehensive income of 12,747 lakhs for the full year ended March 31, 2026.| Particulars | Year ended 31 March 2026 | Year ended 31 March 2025 |
|---|---|---|
| Total revenue from operations | 1,39,290 | 1,40,392 |
| Total income (a+b) | 1,39,359 | 1,41,241 |
| Profit/(loss) before tax | 29,920 | 5,259 |
| Profit/(loss) after tax | 13,020 | 5,259 |
| Total comprehensive Income | 12,747 | 5,190 |
Key Balance Sheet and Financial Position
As of March 31, 2026, the total assets of the Group stood at 9,51,651 lakhs. This represents a decrease from 13,25,590 lakhs recorded on the same date in the previous year.Key movements in liabilities and equity included:
- Total Equity: The total equity for the year ended March 31, 2026, was 9,51,651 lakhs.
- Debt Securities: The outstanding debt securities stood at 3,07,415 lakhs.
Operational Metrics and Risk Indicators
The company provided detailed metrics concerning its asset quality and capital adequacy.| Metric | As at 31 March 2026 | As at 31 March 2025 | Change |
|---|---|---|---|
| Gross Non-Performing Assets (GNPA) | 37,469 lakhs | 33,713 lakhs | Increase |
| GNPA Ratio | 4.77% | 4.52% | Increase |
| Net Non-Performing Assets (NNPA) | 15,961 lakhs | 17,986 lakhs | Decrease |
| NNPA Ratio | 2.09% | 2.46% | Decrease |
| Provision Coverage Ratio (PCR) on NPAs | 57.40% | 46.65% | Improvement |
Cash Flow Overview
The consolidated statement of cash flows for the year ended March 31, 2026, showed a net cash used in operating activities of 98,894 lakhs. The net cash generated from investing activities reached 2,25,875 lakhs, primarily driven by the sale of the subsidiary.Governance and Compliance Status
The company's listed debt securities are noted as having maintained adequate asset cover and compliance with financial covenants as of March 31, 2026.The company also disclosed the following compliance status for its listed debentures, confirming compliance across all indicators for the relevant reporting period:
| Deal No | Gross NPA Limit | Net NPA Limit | Leverage/Gearing Ratio Limit | Min. Tier I Capital Ratio | Capital Risk Adequacy Ratio | Status |
|---|---|---|---|---|---|---|
| NC-23-24-00072 to NC-25-26-00101 | ≤ 10.50% | ≤ 4.75% | ≤ 3.75 | ≥ 20.00% | ≥ 20.00% (Varies) | Complied |
The management confirmed the opening of the trading window for dealing in the company's securities for designated persons and their immediate relatives on Monday, June 01, 2026.
INDOSTAR Stock Price Movement
Today, IndoStar Capital Finance Limited shares edged higher, gaining 8.76% to close, posting an impressive absolute jump of ₹18.51. The stock saw significant activity in the session, concluding with a substantial trading volume of 712,858 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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