Everlon Financials Reports Rs 6.66 Crore Net Loss for FY25-26

Everlon Financials Ltd posted a net loss of Rs 6.66 crore for the fiscal year 2025-26. This marks a significant downturn from a net profit of Rs 1.19 crore reported in the previous fiscal year.

Revenue from operations for FY25-26 grew to Rs 16.48 crore, up from Rs 13.11 crore in FY24-25. However, total income saw a smaller increase to Rs 16.52 crore from Rs 15.56 crore.

Reader Takeaway: Profitability slides despite revenue growth; new auditors appointed.

What just happened

Everlon Financials Ltd has announced its financial results for the fiscal year ended March 31, 2026. The company reported a net loss of Rs 6.66 crore, a substantial shift from the Rs 1.19 crore profit recorded in the prior year. While revenue from operations saw an increase, total expenses rose, leading to the loss. The company also detailed logistics for its upcoming 37th Annual General Meeting (AGM) on September 16, 2026, which will be held via Video Conferencing.

Why this matters

The significant swing from profit to loss is a key concern for shareholders. While revenue growth is a positive sign, increased expenses have overshadowed it. The AGM will address crucial matters including the adoption of financial statements, reappointment of a director, and the appointment of new statutory auditors.

The backstory

In the fiscal year 2024-25, Everlon Financials Ltd had reported a modest profit of Rs 1.19 crore. The company operates as an NBFC-ICC (Investment and Credit Company) registered with the RBI. The current year's performance indicates a challenging operating environment impacting its profitability.

What changes now

The company is set to appoint M/s. Panchal S K & Associates as its new statutory auditors for three years, replacing M/s. B.L. Dasharda & Associates. Additionally, Mr. Sanjay Rasiklal Dholakia is proposed for appointment as an Independent Director for a five-year term. These changes are subject to shareholder approval at the AGM.

Risks to watch

The primary risk for shareholders is the company's deteriorating financial performance, evidenced by the net loss. The inability to recommend a dividend for the year, due to the need to conserve resources, also signals financial strain. As an NBFC-ICC, Everlon Financials is exposed to market volatility and regulatory changes.

Peer comparison

While specific peer data is not provided in the filing, the shift to a net loss from profit is a performance indicator that investors will compare against industry averages for NBFC-ICC companies.

Context metrics (time-bound)

• FY 2025-26: Revenue from Operations: Rs 16.48 crore; Total Income: Rs 16.52 crore; Profit/(Loss) After Tax: (Rs 6.66) crore.
• FY 2024-25: Revenue from Operations: Rs 13.11 crore; Total Income: Rs 15.56 crore; Profit/(Loss) After Tax: Rs 1.19 crore.
• AGM Date: September 16, 2026.
• Voting Cut-off Date: September 9, 2026.

What to track next

Investors will be keen to understand the detailed reasons for the increased expenses and the strategies the management plans to implement to return the company to profitability. The performance under the new auditors and the effectiveness of the newly appointed independent director will also be crucial to monitor.