Banas Finance Ltd (509053)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Banas Finance's revenue was ₹3.0 Cr (-84.7% year on year, -85.6% on the previous quarter), and net profit ₹5.0 Cr (-53.2% year on year); the operating margin was 96.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.0 | -84.7% | -85.6% |
| Operating profit | ₹2.9 | -69.6% | -72.5% |
| Net profit | ₹5.0 | -53.2% | -27.0% |
| EPS (₹) | 0.55 | -53.8% | -27.6% |
| Operating margin | 96.0% | — | — |
📢 Recent Corporate Announcements
Banas Finance Limited announced the voting results for its 43rd Annual General Meeting held on September 24, 2026. All five ordinary resolutions, including the adoption of FY26 financial statements, re-appointment of retiring director Girraj Kishor Agrawal, and approval of related party transactions, were passed with over 99.9% majority. A total of 45,357,215 valid votes were cast across ordinary business resolutions, while 21,546,427 votes were cast for the related party transactions resolution.
- Adoption of FY26 Standalone and Consolidated Financial Statements approved with 99.9888% votes in favour (45,352,113 votes)
- Re-appointment of Mr. Girraj Kishor Agrawal as Director retiring by rotation approved with 99.9888% majority
- Approval for Related Party Transactions passed with 99.9763% votes in favour (21,541,323 votes)
- Re-appointment of Mr. Vikash Kulhriya as Independent Director for a second term passed with 99.9888% approval
- Appointment of M/s Jay Bhatt & Associates as Secretarial Auditor approved with 99.9888% votes
Banas Finance Ltd announced the outcomes of its Board meeting held on August 14, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the Limited Review Report. Additionally, M/s. Jay Bhatt and Associates, Company Secretaries, was appointed as the Secretarial Auditor for FY 2025-26. This filing represents standard statutory compliance and governance updates with no immediate operational change.
- Board approved unaudited financial results for the first quarter ended June 30, 2026 on August 14, 2026
- Appointed M/s. Jay Bhatt and Associates as Secretarial Auditor for FY 2025-26
- Auditor represented by Mr. Jay Bhatt (Membership No. 46916, COP No. 28320)
- No commercial or personal relationship reported between the Secretarial Auditor and company Directors
Banas Finance reported a standalone net profit of ₹2.87 Cr for Q1 FY27, up significantly from ₹0.69 Cr in Q1 FY26, primarily driven by reduced operating expenses and inventory adjustments. Total revenue from operations declined 72.2% YoY to ₹2.99 Cr from ₹10.76 Cr in Q1 FY26 due to lower turnover in share trading and F&O income. On a consolidated basis, earnings were supported by a ₹2.11 Cr share of profit from associate company Tilak Ventures Ltd (48.84% stake), taking consolidated basic EPS to ₹0.55 compared to ₹0.20 YoY.
- Standalone revenue from operations fell 72.2% YoY to ₹299.14 Lakhs from ₹1,075.77 Lakhs in Q1 FY26
- Standalone net profit grew 316% YoY to ₹286.72 Lakhs vs ₹68.93 Lakhs in Q1 FY26
- Total expenses dropped to ₹12.70 Lakhs from ₹1,007.64 Lakhs in the year-ago period, aided by negative provisions and inventory changes
- Share of profit from associate Tilak Ventures Ltd (48.84% holding) contributed ₹210.76 Lakhs to consolidated performance
- Consolidated basic EPS improved to ₹0.55 from ₹0.20 in Q1 FY26
Banas Finance announced its unaudited financial results for the quarter ended June 30, 2026. Standalone revenue from operations dropped 72.2% YoY to ₹2.99 crore (₹299.14 lakh) compared to ₹10.76 crore in Q1 FY26. Despite top-line contraction, standalone net profit rose to ₹2.87 crore from ₹0.69 crore in Q1 FY26, aided by lower operating expenses and provision write-backs. The company also confirmed the appointment of M/s. Jay Bhatt and Associates as its secretarial auditor for FY 2025-26.
- Standalone revenue from operations stood at ₹2.99 crore (₹299.14 lakh) vs ₹10.76 crore in Q1 FY26
- Standalone net profit after tax increased to ₹2.87 crore (₹286.72 lakh) from ₹0.69 crore in Q1 FY26
- Standalone basic EPS increased to ₹0.32 compared to ₹0.08 in the year-ago period
- Consolidated basic EPS reported at ₹0.56 vs ₹0.20 in Q1 FY26, accounting for 48.84% associate holding in Tilak Ventures Ltd
- Board approved the appointment of M/s. Jay Bhatt and Associates as Secretarial Auditor for FY 2025-26
Banas Finance Ltd has scheduled a board meeting on August 14, 2026, to approve its standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. The company, an investment firm with a market cap of ₹64 Cr, reported a TTM PAT of ₹27 Cr and currently trades at a low P/E of 2.4. Investors will be monitoring if the company can sustain its March 2026 quarter performance, which saw a revenue of ₹20.81 Cr and PAT of ₹6.81 Cr. The trading window is currently closed and will reopen 48 hours after the results are declared.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results
- Company reported TTM revenue of ₹73 Cr and TTM PAT of ₹27 Cr
- Previous corresponding quarter (June 2025) revenue stood at ₹19.49 Cr
- Trading window to remain closed until 48 hours post-announcement
- Current promoter holding remains stable at 26.58% as of March 2026
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