Indus Finance Reports 86% Jump in FY26 Net Profit, Recommends Final Dividend of ₹0.60 Per Share

Indus Finance Limited has reported a significant improvement in its financial performance for the year ended March 31, 2026, with net profit nearly doubling compared to the previous fiscal year. The Board of Directors, at its meeting held on Wednesday, May 6, 2026 — commencing at 5:30 P.M. IST and concluding at 6:30 P.M. IST — approved the audited standalone financial results for the quarter and full year ended March 31, 2026, along with a final dividend recommendation and notice for the 35th Annual General Meeting.

Financial Performance: Full Year and Q4 FY26

For the full year ended March 31, 2026, Indus Finance recorded total income of ₹936.04 lakhs, a sharp increase from ₹579.25 lakhs in FY25. Net profit for the year rose to ₹200.62 lakhs from ₹107.81 lakhs in the previous year. Profit before tax for FY26 stood at ₹243.62 lakhs, compared to ₹135.42 lakhs in FY25. The following table summarises the key income statement metrics:

Metric: FY26 (Year Ended 31.03.2026) FY25 (Year Ended 31.03.2025) Total Income: ₹936.04 lakhs ₹579.25 lakhs Total Expenses: ₹644.36 lakhs ₹395.77 lakhs Profit Before Exceptional Item & Tax: ₹291.69 lakhs ₹183.48 lakhs Exceptional Item: ₹48.06 lakhs ₹48.06 lakhs Profit Before Tax: ₹243.62 lakhs ₹135.42 lakhs Tax Expense: ₹43.00 lakhs ₹27.61 lakhs Net Profit: ₹200.62 lakhs ₹107.81 lakhs Basic EPS (₹): 2.16 1.16 Diluted EPS (₹): 2.16 1.16

For the quarter ended March 31, 2026, total income was ₹581.74 lakhs, compared to ₹127.11 lakhs in the corresponding quarter of the previous year. Net profit for Q4 FY26 stood at ₹146.29 lakhs versus ₹8.41 lakhs in Q4 FY25. A notable contributor to the quarter's income was Insurance Bonus of ₹473.92 lakhs, which was absent in the prior-year quarter.

Income Composition and Expense Breakdown

The full-year income was driven by interest income of ₹400.02 lakhs (FY25: ₹339.51 lakhs), insurance bonus of ₹473.92 lakhs (FY25: nil), net gain on fair value changes of ₹46.05 lakhs (FY25: nil), and profit on sale of investments of ₹2.91 lakhs (FY25: ₹208.05 lakhs). On the expense side, finance costs for FY26 were ₹287.59 lakhs (FY25: ₹180.42 lakhs), employee benefits stood at ₹112.83 lakhs (FY25: ₹96.52 lakhs), and bad debts of ₹171.47 lakhs were recorded in FY26 (FY25: nil).

Total comprehensive income for FY26 was ₹38.59 lakhs, recovering from a loss of ₹70.24 lakhs in FY25, after accounting for other comprehensive income of negative ₹162.03 lakhs (FY25: negative ₹178.05 lakhs), primarily reflecting remeasurement of investments in shares.

Balance Sheet Highlights

As at March 31, 2026, total assets stood at ₹3,449.74 lakhs, compared to ₹4,361.73 lakhs as at March 31, 2025. The decline was primarily due to a reduction in investments from ₹934.38 lakhs to ₹195.59 lakhs and a decrease in loans from ₹2,698.25 lakhs to ₹2,492.96 lakhs. Total borrowings (other than debt securities) reduced significantly to ₹1,107.24 lakhs from ₹2,027.05 lakhs. Total equity stood at ₹2,297.14 lakhs as at March 31, 2026, compared to ₹2,304.84 lakhs in the prior year.

Balance Sheet Metric: As at 31.03.2026 As at 31.03.2025 Total Financial Assets: ₹2,829.33 lakhs ₹3,721.96 lakhs Total Non-Financial Assets: ₹620.41 lakhs ₹639.78 lakhs Total Assets: ₹3,449.74 lakhs ₹4,361.73 lakhs Total Liabilities: ₹1,152.60 lakhs ₹2,056.89 lakhs Total Equity: ₹2,297.14 lakhs ₹2,304.84 lakhs

Dividend, AGM, and Fund Raising

The Board has recommended a final dividend of ₹0.60 (Sixty Paise) per equity share of face value ₹10 each, fully paid-up, for FY2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The 35th Annual General Meeting is scheduled to be held on Friday, July 10, 2026, through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Register of Members will be closed from July 4, 2026 to July 10, 2026 (both days inclusive), and the record date for the AGM and dividend has been set as July 3, 2026.

Additionally, the company has established a dedicated internal committee tasked with identifying and evaluating strategies for fund raising.

Auditor's Report and Regulatory Compliance

Statutory auditors M/s. B.N. Misra & Co., Chartered Accountants (Firm Reg No: 321095E), issued an unmodified audit opinion on the financial results for the year ended March 31, 2026. The auditors confirmed that the financial statements give a true and fair view in conformity with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013. The audit report also confirmed that the company's internal financial controls over financial reporting were adequate and operating effectively as at March 31, 2026.

Key audit matters addressed included impairment of financial assets under the Expected Credit Loss (ECL) approach, with the company recognising an impairment loss allowance of ₹66.82 lakhs as at March 31, 2026, and the assessment of carrying value of equity investments in associates, including an investment in an associate company valued at ₹208.55 lakhs at book value. The auditors confirmed no material differences were noted in either area.

From a regulatory standpoint, the company holds a valid Certificate of Registration as an NBFC under Section 45-IA of the RBI Act, 1934, meets the net owned funds requirements, has not accepted any public deposits, and has complied with RBI prudential norms on income recognition, asset classification, and provisioning. The company has not been classified as an NBFC-MFI for the year ended March 31, 2026.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.