Team India Guaranty Reports FY26 Profit Amidst Quarterly Loss

Team India Guaranty Limited posted a net profit of ₹0.7167 crore for the financial year ended March 31, 2026. However, the company registered a net loss of ₹0.6857 crore for the fourth quarter of FY26. The company was formerly known as Times Guaranty Limited.

Reader Takeaway: Annual profit confirmed, but quarterly loss highlights expense pressure and cash flow needs.

What just happened

Team India Guaranty Limited has announced its audited standalone financial results for the fiscal year 2025-26.

• Full Year FY26: Net Profit of ₹0.7167 crore (₹71.67 lakh).
• Fourth Quarter (Q4) FY26: Net Loss of ₹0.6857 crore (₹68.57 lakh).
• Total Income FY26: ₹5.4950 crore (₹549.50 lakh).
• Total Expenses FY26: ₹4.1079 crore (₹410.79 lakh).
• Q4 Expenses: ₹2.1924 crore (₹219.24 lakh).
• Operating Cash Flow FY26: Net outflow of ₹36.99 crore (₹3,699.00 lakh).

Why this matters

The full-year profitability provides a positive outlook for the financial year, demonstrating overall operational viability. However, the net loss in the latest quarter signals earnings volatility and recent margin pressures, primarily driven by a significant increase in expenses during Q4. The substantial net cash outflow from operating activities, common for an NBFC deploying funds as loans, requires careful monitoring of asset quality and loan recovery.

The backstory

Team India Guaranty Limited, previously known as Times Guaranty Limited, operates as a non-banking financial company (NBFC). NBFCs typically manage significant cash flows related to lending activities, including giving loans and managing their recovery. Their profitability can be sensitive to market conditions and the effective deployment and recovery of capital.

What changes now

Investors will need to closely observe the company's expense management strategies and the sustainability of its operational costs. The significant cash outflow from operations highlights the need for continued focus on asset quality and loan recovery processes. The unmodified auditor opinion from V. B. Goel & Co. offers assurance regarding the fairness of the financial reporting.

Risks to watch

The primary risk is the increasing operating expenses that led to the quarterly loss, indicating potential margin compression. Additionally, as an NBFC, the company faces risks related to loan defaults and the effective management of its asset book, reflected in the large cash outflow for 'Loans Given'.

Peer comparison

As a focused NBFC, Team India Guaranty's performance should be compared with other listed NBFCs in India, considering metrics like net profit, return on assets (ROA), return on equity (ROE), and asset quality ratios. While specific peer data is not provided in the filing, the sector is characterized by competition and regulatory oversight.

Context metrics (time-bound)

For the year ended March 31, 2026, Team India Guaranty reported a net profit of ₹0.7167 crore and total income of ₹5.4950 crore. Total expenses for the year were ₹4.1079 crore. In the quarter ended March 31, 2026, net loss was ₹0.6857 crore on total income of ₹1.5566 crore, with total expenses at ₹2.1924 crore. Net cash outflow from operating activities for the year was ₹36.99 crore.

What to track next

Investors should monitor future quarterly results for consistent profitability, expense control, and the management of operating cash flows. The company's ability to sustain its annual profit and manage its loan book effectively will be key indicators.