Whalesbook
Sodhani Academy of Fintech Enablers Ltd (SAFE) has reported its audited financial results for the fiscal year ended March 31, 2026. Revenue from operations declined to ₹2.89 crore (₹288.79 lakh) from ₹3.55 crore (₹354.84 lakh) in FY25. Profit After Tax for FY26 stood at ₹3.47 crore (₹346.82 lakh), a decrease from ₹3.85 crore (₹384.64 lakh) in the prior year.
The company's board met on May 13, 2026, to approve these results. Alongside the financial figures, the board recommended a final dividend of ₹0.75 per equity share for FY 2025-26, pending shareholder approval at the upcoming Annual General Meeting (AGM). M/s D. Jain & Co. were also re-appointed as Internal Auditors for FY 2026-27. SAFE confirmed it does not meet the criteria for a large corporate, impacting regulatory compliance requirements.
Performance Factors and Investor Outlook
The decrease in revenue and profit suggests potential challenges in attracting new students or reduced demand for its fintech training programs, possibly due to increased competition or market saturation.
Despite the dip in earnings, the recommended dividend aims to reward shareholders. This action may signal management's confidence in the company's ongoing operations and its commitment to shareholder returns, even with current profitability pressures.
Recent Public Debut
This marks SAFE's first full-year audited financial report since becoming a publicly traded company. The firm recently completed its Initial Public Offering (IPO) in September 2024, raising ₹3.88 crore and listing on the NSE SME platform.
Future Operations and Governance
Shareholders will vote on the proposed dividend at the AGM. The re-appointment of internal auditors ensures continued compliance. As a listed company, SAFE will maintain public company standards for financial reporting and corporate governance.
Identified Risks
The year-over-year decline in revenue and profit highlights potential issues with revenue generation or cost control.
Peer Landscape
Identifying directly comparable listed peers for fintech enablement training is challenging, particularly for a company recently listed on the SME platform with a niche focus.
Key Financials at a Glance
- FY26 Revenue: ₹2.89 crore
- FY26 Profit After Tax: ₹3.47 crore
- FY25 Revenue: ₹3.55 crore
- FY25 Profit After Tax: ₹3.85 crore
(All figures are consolidated.)
Looking Ahead
Investors will watch the outcome of the AGM vote on the dividend. Key tracking points include future revenue growth trends, customer acquisition strategies post-IPO, the deployment of IPO proceeds for expansion, and potential new program launches or partnerships. Management commentary on earnings drivers and future outlook will also be important.