Mantra Capital Ltd Announces Q1 FY2026-27 Financial Results and Corporate Actions
Mantra Capital Limited (formerly known as Savani Financials Limited) has announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during their meeting held on July 17, 2026.The company reported a net loss of Rs. 395.70 lakhs for the quarter ended June 30, 2026. Total revenue from operations stood at Rs. 583.85 lakhs, while total expenses amounted to Rs. 976.53 lakhs. The earnings per equity share (basic) were reported at a loss of Rs. 1.20.
Strategic Corporate Actions and Share Allotments
The Board has approved several significant corporate actions, which are subject to shareholder approval at the upcoming 42nd Annual General Meeting:- Amendment to Memorandum of Association: The company seeks to alter Clause III of its Memorandum of Association to expand its scope of business. This includes transitioning to a Non-Banking Financial Company (NBFC) status, providing loans and advances for productive purposes, financing electric vehicles (EVs), and offering financial assistance to MSMEs.
- New Articles of Association: The Board approved the adoption of a new set of Articles of Association.
- Sweat Equity Allotment: The company approved the allotment of 1,06,666 sweat equity shares (face value of Rs. 10 each) to Mr. Jatinder Mohan Singh Shah, the Chief Executive Officer. This issuance is for non-cash consideration based on performance milestones regarding Assets Under Management (AUM).
Quarterly Financial Performance Overview
The following table summarizes the financial performance of Mantra Capital Limited for the quarter ended June 30, 2026, compared to the preceding quarter and the corresponding period in the previous year.| Particulars | Unaudited Quarter Ended June 30, 2026 (Rs. in Lakhs) | Unaudited Quarter Ended March 31, 2026 (Rs. in Lakhs) | Unaudited Quarter Ended June 30, 2025 (Rs. in Lakhs) | Audited Year Ended March 31, 2026 (Rs. in Lakhs) |
|---|---|---|---|---|
| Total Revenue from Operations | 583.85 | 559.47 | 241.30 | 1,632.25 |
| Other Income | 4.34 | 0.54 | 2.61 | 2.81 |
| Total Revenue (A+B) | 588.19 | 560.01 | 243.91 | 1,635.06 |
| Total Expenses | 976.53 | 1,046.71 | 502.06 | 2,994.26 |
| Profit/(Loss) Before Tax | (388.34) | (486.70) | (258.15) | (1,359.20) |
| Tax Expense | 7.36 | (3.68) | (2.62) | (12.84) |
| Net Profit/(Loss) for the Period | (395.70) | (483.02) | (255.53) | (1,346.36) |
| Paid-up Equity Share Capital | 3,577.96 | 3,199.17 | 3,198.99 | 3,199.17 |
| Earnings per Equity Share (Basic) | (1.20) | (1.19) | (1.45) | (0.80) |
Key Operational Highlights
During the quarter ended June 30, 2026, the company issued 85,000 equity shares at an issue price of Rs. 20 per share on a preferential allotment basis. Additionally, the company forfeited 45,442 equity shares during the period. The amount received from these forfeited shares, totaling Rs. 6.36 lakhs, has been transferred to the Capital Reserve.The company remains registered as a Non-Banking Financial Company (NBFC) under the Reserve Bank of India Act, 1934. It primarily operates in financial services and does not currently have any subsidiaries, associates, or joint ventures for the period ending June 30, 2026.
Stock Price Movement
As of 14:22, Mantra Capital Ltd shares are ticking up to ₹15.60, representing a 1.23% increase. The stock is currently trading completely flat as it remains locked at the intraday high and low of ₹15.60.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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