Crescentis Capital Ltd (511571)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Crescentis Capital's net interest income was ₹1.1 Cr, and net profit ₹7.8 Cr.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Net interest income | ₹1.1 | — | — |
| Operating profit | ₹9.8 | — | — |
| Net profit | ₹7.8 | — | — |
| EPS (₹) | 4.60 | — | — |
📢 Recent Corporate Announcements
Crescentis Capital Limited has submitted its Draft Letter of Offer for a proposed Rights Issue of equity shares aggregating up to ₹80 crore. The fundraise is substantial relative to the company's existing financial scale, matching ~105% of its latest reported net worth of ₹76 crore. The face value of the shares is set at ₹10 each, while the final issue price, entitlement ratio, and record date are yet to be disclosed. Proceeds will likely support the company's credit book and investment activities as an RBI-registered NBFC-ICC.
- Proposed Rights Issue to raise up to ₹80 crore (₹8000 lakhs) in aggregate including premium
- Fundraise represents ~105% of the company's latest net worth of ₹76 crore
- Rights equity shares to have a face value of ₹10 each
- Issue price, rights ratio, and record date remain to be finalized
The Board of Directors of Crescentis Capital Ltd has approved the issuance of fully paid-up equity shares of face value ₹10 each via a rights issue of up to ₹80 crore, including premium. The board has also approved the Draft Letter of Offer to be submitted to BSE Limited for in-principle listing approval. The proposed fundraise is material relative to the company's existing net worth of ₹76 crore (over 105%). Details regarding the issue price, entitlement ratio, and record date will be determined subsequently.
- Board approved a rights issue of up to ₹80 crore (including premium)
- Equity shares to be issued have a face value of ₹10 each
- Approval granted for the Draft Letter of Offer to be filed with BSE Limited
- Proposed issue size of ₹80 crore compares to existing net worth of ₹76 crore
Crescentis Capital Limited has rescheduled its Board of Directors meeting from September 29, 2026, to September 30, 2026. The meeting is set to review updates and progress from the Fund-Raising Committee regarding a proposed rights issue of equity shares. The company cited unavoidable circumstances for the one-day postponement. Financial parameters of the fundraise remain unannounced pending board considerations.
- Board meeting rescheduled by 1 day from 29-09-2026 to 30-09-2026
- Agenda covers updates and progress on a proposed rights issue of equity shares
- Earlier intimation referenced was dated 24-09-2026
- Delay attributed to unavoidable circumstances
Crescentis Capital Limited has scheduled a Board of Directors meeting for September 29, 2026. The board will review updates and progress from the Fund Raising Committee constituted on May 29, 2026, regarding a proposed rights issue of equity shares. Quantitative terms, issue size, and pricing for the rights issue have not yet been disclosed. The company previously reported net profit of ₹7.82 crore on revenue of ₹10.94 crore for the quarter ended June 2026.
- Board meeting scheduled for September 29, 2026
- Agenda includes reviewing updates from the Fund Raising Committee formed on May 29, 2026
- Fundraise proposed via equity shares on a Rights basis
- Issue quantum, pricing, and record date remain not disclosed
Crescentis Capital Limited has scheduled a Board of Directors meeting for September 29, 2026. The board will review updates and progress from the Fund Raising Committee constituted on May 29, 2026, regarding a proposed rights issue of equity shares. Quantitative terms, issue size, and pricing for the rights issue have not yet been disclosed. The company previously reported net profit of ₹7.82 crore on revenue of ₹10.94 crore for the quarter ended June 2026.
- Board meeting scheduled for September 29, 2026
- Agenda includes reviewing updates from the Fund Raising Committee formed on May 29, 2026
- Fundraise proposed via equity shares on a Rights basis
- Issue quantum, pricing, and record date remain not disclosed
Crescentis Capital Limited disclosed the voting results and Scrutinizer's Report for its 33rd Annual General Meeting held on August 26, 2026. All 5 resolutions were approved by shareholders with over 99.8% majority votes. Key approvals include the adoption of FY26 financial statements, the re-appointment of Managing Director Subba Rao Veeravenkata Meka for 5 years, the re-appointment of Whole-Time Director & CEO Bhavanam Ruthvik Reddy for 5 years, and approval for ESOP grants exceeding 1% of issued capital to an identified employee.
- All 5 resolutions passed with over 99.8% majority at the 33rd AGM held on August 26, 2026
- Approval of 5-year re-appointment of Managing Director Mr. Subba Rao Veeravenkata Meka with 99.998% votes in favour
- Approval of 5-year re-appointment of WTD & CEO Mr. Bhavanam Ruthvik Reddy with 99.876% votes in favour
- Shareholders approved ESOP grant to an identified employee equal to or exceeding 1% of issued capital (99.998% in favour)
Crescentis Capital Limited conducted its 33rd Annual General Meeting on August 26, 2026, via video conferencing with 54 shareholders in attendance. The meeting transacted ordinary business, including the adoption of FY26 financial statements, and special resolutions covering five-year re-appointments for its Managing Director and Whole-Time Director & CEO. Additionally, approval was sought for granting ESOPs exceeding 1% of issued capital to an identified employee. Scrutinizer-verified voting results will be disclosed separately.
- 33rd AGM held on August 26, 2026, with 54 members present via video conferencing
- Special resolution tabled for re-appointment of MD Subba Rao Veeravenkata Meka for 5 years
- Special resolution tabled for re-appointment of WTD & CEO Bhavanam Ruthvik Reddy for 5 years
- Proposed approval for grant of ESOPs equal to or exceeding 1% of issued capital to an identified employee
Crescentis Capital (formerly Som Datt Finance) has approved its unaudited financial results for the quarter ended June 30, 2026. The company is currently in a volatile phase, with TTM revenue of only Rs 2 Cr and a TTM net loss of Rs 3 Cr. Performance is heavily influenced by fair value changes in equity investments, as evidenced by the significant Rs 7.35 Cr loss in the preceding March 2026 quarter. Investors should note the company's high market cap of Rs 187 Cr relative to its small revenue base.
- Board approved unaudited financial results for the quarter ended June 30, 2026, in a meeting concluded at 02:55 PM.
- TTM Revenue stands at Rs 2 Cr, representing only ~1.07% of the current Market Cap of Rs 187 Cr.
- Promoter holding remains stable at 74.98% as of the June 2026 quarter.
- The company has previously increased its borrowing limits to Rs 50 Cr to enable business expansion in the NBFC-Base Layer category.
Crescentis Capital Ltd (formerly Som Datt Finance Corporation) approved its unaudited financial results for the quarter ended June 30, 2026, during its board meeting on August 13, 2026. The company, an RBI-registered NBFC-ICC with a net worth of Rs 76 Cr, is currently navigating a post-rebranding phase following its name change in January 2026. Investors should focus on the performance of its proprietary investment portfolio, which has historically been sensitive to market volatility, as seen by a fair value loss of INR 491.88 lakhs in FY24.
- Board approved unaudited financial results for the quarter ended June 30, 2026
- The board meeting lasted 2 hours and 35 minutes, commencing at 12:20 PM and concluding at 02:55 PM
- Company operates with a net worth of Rs 76 Cr and a stable promoter holding of 74.98%
- Strategic focus remains on the NBFC-Base Layer (BL) category under RBI scale-based regulations
Crescentis Capital Ltd has scheduled a board meeting for August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is coming off a volatile FY26 where it reported a net loss of ‑Rs 2.53 crore on revenue of Rs 1.54 crore. The trading window for insiders has been closed since July 1, 2026, and will reopen 48 hours after the results are declared. Investors will be watching for a recovery following the significant ‑Rs 7.35 crore loss reported in the March 2026 quarter.
- Board meeting scheduled for August 13, 2026, to approve Q1 results
- Trading window closed since July 1, 2026, per SEBI regulations
- Company reported a net loss of ‑Rs 2.53 crore for the full year FY26
- March 2026 quarter saw a sharp revenue decline to ‑Rs 7.38 crore due to fair value changes
- Promoter holding remains stable at 74.98% as of June 2026
Crescentis Capital Ltd (formerly Som Datt Finance Corporation) has issued newspaper advertisements regarding its 33rd Annual General Meeting (AGM) and the dispatch of the Annual Report for FY 2025-26. This follows a fiscal year where the company reported a net loss of ‑Rs 2.53 Cr on revenue of ‑Rs 1.54 Cr. The filing is a standard regulatory requirement detailing the remote e-voting schedule for shareholders. Investors should note the company's recent rebranding and its strategic shift towards the NBFC-Base Layer category.
- 33rd Annual General Meeting notice and FY26 Annual Report dispatched to shareholders.
- Advertisements published on August 01, 2026, in Financial Express and Nava Telangana.
- Company reported FY26 revenue of ‑Rs 1.54 Cr and a net loss of ‑Rs 2.53 Cr.
- Management has previously increased borrowing limits to ‑Rs 50 Crores to facilitate growth.
- Promoter holding remains stable at 74.98% as of June 2026.
Crescentis Capital Limited (formerly Som Datt Finance Corporation) has published newspaper advertisements regarding its 33rd Annual General Meeting (AGM) and the dispatch of the Annual Report for FY 2025-26. The company, an NBFC with a market cap of Rs 185 Cr, reported a TTM revenue of Rs 2 Cr and a net loss of Rs 3 Cr. The filing includes the schedule for remote e-voting for shareholders. This is a standard regulatory compliance procedure.
- Notice issued for the 33rd Annual General Meeting of the company
- Annual Report for the Financial Year 2025-26 has been dispatched to shareholders
- Advertisements published on August 01, 2026, in Financial Express and Nava Telangana
- Remote e-voting schedule provided for shareholder participation
- Company reported a net loss of Rs 2.53 Cr for FY26
Crescentis Capital Limited (formerly Som Datt Finance) has released its FY26 Annual Report and scheduled its 33rd AGM for August 26, 2026. A primary agenda item is the re-appointment of Managing Director Subba Rao Veeravenkata Meka for a five-year term with a proposed basic salary of ₹7 lakh per month (₹84 lakh annually). As of March 31, 2026, the company's balance sheet reveals a quoted equity investment portfolio of ₹39.80 crore and total loan assets of ₹45.95 crore. Despite a net loss of ₹2.53 crore in FY26, the company is maintaining a significant investment book relative to its ₹177 crore market cap.
- 33rd Annual General Meeting scheduled for August 26, 2026, via video conferencing.
- Proposed re-appointment of MD Subba Rao Veeravenkata Meka with a basic salary of ₹7,00,000 per month starting Sept 12, 2026.
- Quoted equity investments stood at ₹3,980.35 lakhs (₹39.80 Cr) as of March 31, 2026.
- Total loan assets (secured and unsecured) reached ₹4,595.34 lakhs (₹45.95 Cr).
- Gross Non-Performing Assets (NPA) reported at a low level of ₹15.80 lakhs.
Crescentis Capital Ltd (formerly Som Datt Finance) has scheduled its 33rd AGM for August 26, 2026. A key agenda item is the re-appointment of Mr. Subba Rao Veeravenkata Meka as Managing Director for five years with a proposed basic salary of ₹7,00,000 per month (₹84 lakh annually). This compensation proposal is significant as it represents approximately 54.5% of the company's total FY26 revenue of ₹1.54 Cr. The company reported a net loss of ₹2.53 Cr for FY26, though it maintains a quoted equity investment portfolio valued at ₹39.80 Cr.
- 33rd AGM to be held on August 26, 2026, via video conferencing.
- Proposed basic salary for Managing Director is ₹7,00,000 per month starting September 12, 2026.
- FY26 annual revenue stood at ₹1.54 Cr with a net loss of ₹2.53 Cr.
- Long-term quoted equity investments reported at ₹39.80 Cr as of March 31, 2026.
- Gross Non-Performing Assets (NPAs) from non-related parties stood at ₹15.80 lakhs.
Crescentis Capital Ltd has announced the resignation of Mr. Sai Kumar Subramanya from his position as Head – Business Development (AVP), effective July 16, 2026. Mr. Subramanya was classified as Senior Management Personnel (SMP) within the organization. The company stated the reason for his departure is to pursue a professional opportunity overseas. Investors should note that while this is a key functional role, it is an AVP-level position rather than a C-suite exit.
- Resignation of Mr. Sai Kumar Subramanya as Head – Business Development (AVP) effective July 16, 2026.
- The departure is categorized as a change in Senior Management Personnel under SEBI Regulation 30.
- Reason for resignation is to pursue a professional opportunity overseas.
- The filing was submitted to the exchange on July 16, 2026.
Financial Performance
Revenue Growth by Segment
The company operates in a single segment of proprietary investments. Total operating income declined by 120.1% YoY, falling from INR 1,502.95 lakhs in FY23 to a loss of INR 302.48 lakhs in FY24. This was primarily due to net unrealized losses of INR 333.79 lakhs from adverse market price movements in equity investments.
Geographic Revenue Split
100% of revenue is generated from investment activities within India. The company's performance is tied to the Indian equity markets, specifically the Nifty50 and Sensex indices.
Profitability Margins
Net profit margin shifted from 80.5% in FY23 to a negative/not meaningful figure in FY24 due to a net loss of INR 542.24 lakhs. Operating profit (EBIT) margin also turned negative from 91.1% in FY23.
EBITDA Margin
EBITDA margin is not meaningful for FY24 as both the numerator and denominator are negative. Core profitability was severely impacted by a 94.2% increase in total expenses, which rose from INR 144.00 lakhs to INR 279.68 lakhs.
Capital Expenditure
Historical CapEx is not explicitly detailed in INR Cr; however, the company incurred significant costs related to a rights issue and increased employee headcount (workforce of 9 personnel) during FY24.
Credit Rating & Borrowing
The company has a 'NIL' credit rating as it did not have any debt instruments or fixed deposit programs during the year. Borrowing costs are currently 0% as the Debt-to-Equity ratio is 0.0x with no outstanding borrowings as of March 31, 2025.
Operational Drivers
Raw Materials
Not applicable as the company is a Non-Banking Financial Company (NBFC) focused on proprietary investments.
Capacity Expansion
Not applicable for the current business model; however, the company has increased its borrowing limits to INR 50 Crores to potentially fund future growth opportunities.
Raw Material Costs
Not applicable. Operating costs are driven by employee benefit expenses and regulatory compliance.
Manufacturing Efficiency
Not applicable. The company monitors investment performance rather than manufacturing metrics.
Strategic Growth
Expected Growth Rate
18%
Growth Strategy
The company aims to achieve growth by leveraging the positive outlook for the NBFC sector in FY25-26, focusing on capital appreciation and dividends from equity investments. It has increased borrowing limits to INR 50 Crores to enable securitization, direct assignment, and creation of charges for fund mobilization. The strategy includes capitalizing on India's increased weightage in the MSCI Emerging Markets Index (18% as of Jan 2025).
Products & Services
Proprietary investment in stocks and securities, credit services as an Investment and Credit Company (ICC).
Brand Portfolio
Crescentis Capital Limited (formerly Som Datt Finance Corporation Limited).
New Products/Services
The company recently completed a rights issue to raise capital and is exploring growth opportunities that may necessitate further human resource expansion.
Market Expansion
The company is focused on the Indian financial services sector, specifically targeting opportunities in the Base Layer (NBFC-BL) category under RBI's scale-based regulations.
External Factors
Industry Trends
The NBFC sector is seeing tailwinds from digital infrastructure and fintech adoption. Credit demand is expected to improve in FY25-26 due to a supportive monetary environment and disciplined risk management across financial institutions.
Competitive Landscape
The sector faces intensifying competition and regulatory interventions which may exert short-term pressure on growth and profitability.
Competitive Moat
The company's moat is based on its regulatory status as an RBI-registered NBFC-ICC and its strategic focus on a diversified equity portfolio to navigate market fluctuations.
Macro Economic Sensitivity
Highly sensitive to India's political and economic environment, inflation (currently easing), and RBI monetary policy (repo rate at 6.5%).
Consumer Behavior
Not directly applicable; however, increased financial inclusion and wealth creation trends in India support the broader investment environment.
Geopolitical Risks
Global developments and foreign portfolio outflows are cited as headwinds that could lead to rupee depreciation and market volatility.
Regulatory & Governance
Industry Regulations
Complies with 'Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023' and SEBI (LODR) Regulations, 2015.
Taxation Policy Impact
Not disclosed; however, the company follows Ind AS 109 for the fair valuation of financial instruments.
Legal Contingencies
The company notes that ongoing litigations could impact operations, though specific case values in INR are not disclosed in the provided text.
Risk Analysis
Key Uncertainties
Market/Systematic risk is the primary uncertainty, where economic downturns or geopolitical tensions could impact the entire stock portfolio regardless of individual company performance.
Geographic Concentration Risk
100% concentration in the Indian market, making it vulnerable to domestic political shifts and regional economic downturns.
Third Party Dependencies
High dependency on the performance and dividend distribution policies of investee companies.
Technology Obsolescence Risk
The company notes that fintech adoption is a sector-wide trend; failure to adapt to digital infrastructure acceleration could be a long-term risk.
Credit & Counterparty Risk
The company is a non-deposit taking NBFC; credit quality is currently managed through disciplined risk management, with a focus on maintaining a healthy balance sheet.
