Purshottam Investofin FY26 Results and AGM Update

Net Loss widened to Rs 179.42 lakh in FY26 from Rs 36.84 lakh in FY25.
Total Revenue declined to Rs 717.92 lakh from Rs 773.17 lakh in the previous fiscal year.

Reader Takeaway: Company pivot towards distressed assets and NCD fundraising contrasts with widening losses and lower annual revenues.

What just happened

Purshottam Investofin Limited has filed its annual report and AGM notice for the 37th meeting scheduled for September 30, 2026. The company will conduct the meeting via video conferencing. The share transfer books will remain closed from September 24 to September 30, 2026. No dividend was declared for the year.

Why this matters

The company’s financials show a significant increase in losses and a decline in revenue. To bolster its capital, the firm successfully issued Rs 30 crore in non-convertible debentures (NCDs) via private placement. Shareholders are now asked to vote on altering the company’s object clause, allowing the entity to move into the purchase and sale of book debts and stressed assets.

What changes now

• Leadership: Mr. Ravi Kumar Purohit was appointed as CFO in December 2025.
• Strategy: Shareholders will vote on expanding the business scope to include stressed asset management.
• Governance: The company is seeking ratification for transactions with Prabhusar Algotech Private Limited up to Rs 7 crore.

Risks to watch

Investors should monitor the impact of the business strategy shift into distressed assets, which carries higher execution risks. Additionally, the increasing net loss profile highlights pressure on the company's profitability and revenue generation.

What to track next

The outcome of the special resolution regarding the object clause alteration at the upcoming AGM will determine the future direction of the company’s business operations.