Dhansafal Finserve Reports Strong FY26 Growth, Sees Rise in NPAs
Dhansafal Finserve Limited has released its audited financial results for the fiscal year ending March 31, 2026, reporting a significant jump in revenue and net profit.
Key Financial Highlights
Revenue from operations grew by an impressive 151.7% year-over-year, reaching ₹12.23 crore from ₹4.86 crore in the previous fiscal year. Total revenue also saw a substantial increase of 141.8% to ₹12.50 crore. Net profit surged by 97.4% to ₹0.73 crore, up from ₹0.37 crore in FY25. Earnings per share (EPS) improved by 50.0% to ₹0.03.
Capital Boost and Asset Quality Concerns
The company completed the conversion of 39,700,000 convertible share warrants. This transaction infused ₹3.97 crore into share capital and an additional ₹13.14 crore into securities premium, significantly bolstering the company's capital base. Despite this strong capital infusion and revenue growth, asset quality indicators have weakened. Gross Non-Performing Assets (NPA) increased to 1.38% of the loan book, compared to 0.00% in FY25. Net NPAs also rose to 1.24%. Furthermore, the company's Debt-Equity Ratio climbed to 0.33 from 0.20, indicating increased financial leverage.
Investor Watchlist
Investors will be closely observing Dhansafal Finserve's strategy to manage the newly recognized credit risks and the impact of higher leverage on future financial performance. The sustainability of the rapid revenue growth alongside effective NPA management will be key factors to track in the coming quarters.
