My Mudra Fincorp Limited Approves Annual Results; Changes Management Team
My Mudra Fincorp Limited, held a Board of Directors meeting on May 28, 2026, during which the Board considered and approved the annual audited financial results for the fiscal year ended March 31, 2026. The meeting also saw key changes in the company's secretarial and audit leadership.The Board approved the annual audited financial results and the associated Statement of deviation or variation for the year ending March 31, 2026. In a governance update, the company confirmed the re-appointment of M/s Hitesh Goyal & Associates as Secretarial Auditor and M/s Awadhesh Kumar & Associates as Internal Auditor for the financial year 2026-27.
Changes in Leadership
During the board meeting, the company announced a transition in key managerial personnel. Ms. Piyushi Jindal resigned from her positions as Company Secretary and Compliance Officer, with her services ceasing at the close of business hours on May 31, 2026.The Board concurrently appointed Ms. Isha (Membership No.: A59254) as the Company Secretary and Compliance Officer, effective June 01, 2026.
Financial Performance Snapshot
The financial results for the year ended March 31, 2026, show a significant total income of Rs. 11,779.39 Lakhs, compared to Rs. 8,067.05 Lakhs in the previous year.The company reported a profit of Rs. 662.89 Lakhs for the year.
| Financial Metric | Mar 31, 2026 (Audited) | Mar 31, 2025 (Audited) |
|---|---|---|
| Revenue from Operations | 5,889.44 Lakhs | 4,662.64 Lakhs |
| Other Income | 24.03 Lakhs | 29.70 Lakhs |
| Total Income | 5,913.47 Lakhs | 4,692.35 Lakhs |
| Total Expenditure | 5,012.27 Lakhs | 3,867.67 Lakhs |
| Profit / (Loss) before tax | 901.20 Lakhs | 824.67 Lakhs |
| Profit / (Loss) for the Year | 662.89 Lakhs | 614.21 Lakhs |
| Basic Earnings per share | 5.82 | 6.79 |
Balance Sheet Summary
The company's balance sheet indicates growth in both equity and liabilities. Total Assets and Total Equity and Liabilities stood at Rs. 8,356.64 Lakhs on March 31, 2026, compared to Rs. 6,148.63 Lakhs on March 31, 2025.| Particulars | Mar 31, 2026 (Rs. Lakhs) | Mar 31, 2025 (Rs. Lakhs) |
|---|---|---|
| Shareholder's Funds (Total) | 6,541.58 | 5,341.25 |
| Non Current Liabilities (Total) | 309.69 | 193.12 |
| Current Liabilities (Total) | 1,505.37 | 614.26 |
| Total Equity & Liabilities | 8,356.64 | 6,148.63 |
| Total Assets | 8,356.64 | 6,148.63 |
| Cash & Cash Equivalents | 1,487.19 | 1,709.87 |
Cash Flow and Fund Utilization
For the year ended March 31, 2026, the net cash flow from operating activities reached Rs. 206.14 Lakhs. The net cash flow from financing activities was Rs. 639.46 Lakhs.In terms of fundraising, the company confirms that funds raised through an Initial Public Offering (IPO) on September 12, 2024, totaling Rs. 3,326.40 Lakhs, were fully utilized. There was no deviation or variation in the use of these funds. The funds were allocated across five primary objects:
| Object of Funds | Amount Allocated (Rs. Lakhs) | Funds Utilized (Rs. Lakhs) |
|---|---|---|
| Repayment of a portion of certain borrowing availed by the Company | 625.00 | 625.00 |
| Investment in technology development and digital infrastructure | 660.00 | 660.00 |
| To meet Working Capital requirements | 700.00 | 700.00 |
| General Corporate Purpose | 812.10 | 812.10 |
| Issue related expenses in relation to Issue | 529.30 | 529.30 |
| Total | 3,326.40 | 3,326.40 |
MYMUDRA Stock Price Movement
On Wednesday, My Mudra Fincorp Limited shares edged higher to close at ₹77.15, gaining 3.56% on the day. The stock recorded a total trading volume of 20,400 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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