Gyftr Ltd Reports Q4 FY26 Results Amidst Business Pivot and Audit Concerns

Revenue from operations stood at ₹300.36 crore for the quarter ended March 31, 2026.
Profit for the period was ₹6.17 crore.

Reader Takeaway: Revenue grows with business pivot; audit qualifications raise significant concern.

What just happened

Gyftr Limited (formerly LKP Finance Limited) announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The company reported revenue from operations of ₹300.36 crore and a profit of ₹6.17 crore for the quarter. A significant development is the auditor's issuance of a 'Qualified Opinion' on the financial results.

Why this matters

The qualified opinion signals potential issues that could impact investor confidence. Specifically, the auditor cited the inability to obtain balance confirmations from lenders totaling ₹35.97 crore and a garnishee order related to legacy borrowings of ₹21.22 crore from Kingfisher Finvest India Limited, which has led to the attachment of mutual fund investments worth ₹6.14 crore.

The backstory

Gyftr Limited has officially transitioned from its NBFC business, surrendering its registration with the RBI on March 20, 2026. The company is now focused on the gift voucher and rewards sector. This strategic shift necessitated a change in how its financial statements are presented.

What changes now

The company has officially changed its name from LKP Finance Limited to Gyftr Limited, effective April 6, 2026. Furthermore, there has been a change in corporate personnel, with Ms. Tisha Lamba appointed as the new Company Secretary and Compliance Officer, effective June 16, 2026.

Risks to watch

The primary risks stem from the auditor's qualified opinion. Investors should closely monitor the resolution of the outstanding lender confirmations and the ongoing legal proceedings concerning the DRT Bangalore garnishee order and attached assets. The company has deposited ₹11.26 crore under protest against the DRT claim.

Peer comparison

As Gyftr Limited pivots to the gift voucher and rewards business, its performance will be increasingly compared against companies in this consumer-focused sector rather than its historical NBFC peers.

Context metrics (time-bound)

• Revenue (Q4 FY26): ₹300.36 crore
• Profit (Q4 FY26): ₹6.17 crore
• Unconfirmed Balances: ₹35.97 crore
• DRT Bangalore Claim: ₹21.22 crore
• Amount Deposited Under Protest: ₹11.26 crore
• Attached Mutual Funds: ₹6.14 crore

What to track next

Investors should track any further updates on the legal proceedings with DRT Bangalore and the company's efforts to secure balance confirmations from its lenders. The success of its new gift voucher and rewards business model will also be a key factor to monitor.