Intec Capital Ltd (526871)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Intec Capital's net interest income was ₹0.6 Cr (-89.1% year on year, -76.4% on the previous quarter), and net profit ₹-1.0 Cr (against a profit a year earlier).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹0.6 | -89.1% | -76.4% |
| Operating profit | ₹-0.6 | — | — |
| Net profit | ₹-1.0 | to loss | to loss |
| EPS (₹) | -0.52 | to loss | to loss |
📢 Recent Corporate Announcements
Intec Capital has announced that its Board of Directors approved the re-appointment of Ms. Shalini Rahul as an Independent Director via a circular resolution on October 01, 2026. The proposed tenure is for a second term of 5 consecutive years, spanning from October 13, 2026 to October 12, 2031. The re-appointment is subject to approval by shareholders through a postal ballot. The company has a small market capitalization of Rs 26 Cr and recorded TTM revenue of Rs 6 Cr.
- Re-appointment of Ms. Shalini Rahul as Independent Director approved via circular resolution on October 01, 2026
- Term is for 5 consecutive years, from October 13, 2026 to October 12, 2031
- Approval subject to shareholder voting via postal ballot
- Candidate is an Associate Professor at IMT Ghaziabad with expertise in Strategy, Innovation & Entrepreneurship
Intec Capital Ltd has announced its 32nd Annual General Meeting (AGM) scheduled for Tuesday, September 15, 2026, at 12:00 PM IST via Video Conferencing. In accordance with SEBI LODR regulations, the Register of Members and Share Transfer Books will remain closed from September 9 to September 15, 2026. The cut-off date for determining member eligibility for remote e-voting has been fixed as Tuesday, September 8, 2026.
- 32nd Annual General Meeting scheduled for September 15, 2026, at 12:00 p.m. IST via VC/OAVM
- Share transfer books and register of members closed from September 9, 2026 to September 15, 2026
- Cut-off date for remote e-voting eligibility fixed as September 8, 2026
Intec Capital Ltd has submitted its Integrated Annual Report for FY 2025-26 and AGM Notice pursuant to Regulation 34(1). The 32nd Annual General Meeting will be held on September 15, 2026, via video conferencing. In the MD's address, the company highlighted a turnaround net profit of Rs 7.45 crore for FY26 (up from Rs 28.70 lakh in FY25), driven by Rs 10.88 crore in interest income and Rs 79 lakh in asset recoveries. The company is positioning itself for a new recovery services business while resolving legacy assets.
- 32nd AGM scheduled for September 15, 2026 at 12:00 PM IST via VC/OAVM.
- Remote e-voting window runs from September 12, 2026 (09:00 AM) to September 14, 2026 (05:00 PM) with a cut-off date of September 08, 2026.
- MD report highlights FY26 net profit of Rs 7.45 crore compared to Rs 28.70 lakh in the previous year.
- FY26 operations supported by interest income of Rs 10.88 crore and recovery of financial assets of Rs 79 lakh.
Intec Capital has submitted the notice for its 32nd Annual General Meeting (AGM) scheduled for September 15, 2026, alongside its Integrated Annual Report for FY 2025-26. The cut-off date to determine shareholder voting eligibility is September 08, 2026, with remote e-voting active from September 12 to September 14, 2026. In the MD letter, the company highlighted a turnaround FY26 profit of ₹7.45 crore (up from ₹28.70 lakh in FY25) driven by ₹10.88 crore in interest income and ₹79 lakh from asset recoveries.
- 32nd AGM scheduled for Tuesday, September 15, 2026 at 12:00 PM IST via VC/OAVM.
- Cut-off date for e-voting eligibility set as Tuesday, September 08, 2026.
- Remote e-voting window runs from September 12, 2026 (09:00 AM) to September 14, 2026 (05:00 PM).
- MD letter reports FY26 net profit of ₹7.45 crore compared to ₹28.70 lakh in FY25, supported by ₹10.88 crore interest income.
Intec Capital reported a severe 90% YoY decline in consolidated total revenue to ₹0.62 crore for the quarter ended June 30, 2026. The company's core lending operations have effectively ceased, with revenue now primarily driven by recoveries of written-off assets (₹0.41 crore) and minimal interest income (₹0.20 crore). Statutory auditors have explicitly flagged a 'Material Uncertainty Related to Going Concern' due to accumulated losses and the lack of active lending activities. While the company completed a One-Time Settlement (OTS) with banks in the previous year, its operational viability remains under extreme pressure.
- Consolidated total revenue plummeted 90% YoY to ₹61.78 lakhs from ₹623.29 lakhs in the year-ago quarter.
- Recovery of financial assets written off contributed ₹40.89 lakhs, accounting for 66% of the total revenue.
- Interest income for the quarter stood at a marginal ₹20.35 lakhs compared to ₹587.60 lakhs in Q1 FY26.
- Auditors issued a 'Going Concern' warning citing huge accumulated losses and non-carrying out of lending activities.
- Wholly-owned subsidiary Amulet Technologies reported Nil revenue and a net loss of ₹4.18 lakhs.
Intec Capital reported a consolidated net loss of ₹95.40 lakhs for the quarter ended June 30, 2026, a significant decline from the ₹297.25 lakhs profit in the same quarter last year. The company's auditors have issued a 'Material Uncertainty Related to Going Concern' warning, citing accumulated losses and the cessation of active lending operations. While a One-Time Settlement (OTS) with lenders was completed in June 2025, the company currently relies on promoter support and recoveries rather than new business. Standalone revenue for the quarter dropped to ₹0.83 Cr from ₹6.24 Cr year-on-year.
- Consolidated Net Loss of ₹95.40 lakhs in Q1 FY27 vs a profit of ₹297.25 lakhs in Q1 FY26
- Standalone Revenue from operations fell to ₹0.83 Cr in Q1 FY27 from ₹6.24 Cr in Q1 FY26
- Auditors flagged 'Material Uncertainty' regarding the company's ability to continue as a going concern due to eroded net worth
- One-Time Settlement (OTS) with all lender banks was completed in June 2025, resulting in a ₹1.24 Cr exceptional loss in the previous year
- 32nd Annual General Meeting (AGM) scheduled for September 15, 2026
Intec Capital Ltd has scheduled a board meeting for August 11, 2026, to consider and approve its unaudited financial results for the quarter ended June 30, 2026. The board will also review the performance of its wholly-owned subsidiary, Amulet Technologies Limited, and finalize details for the 32nd Annual General Meeting (AGM). This follows a significant recovery in FY26, where the company reported a net profit of ₹6.9 crore compared to ₹0.22 crore in FY25. Investors should note the company's small market cap of ₹29 crore, making it highly sensitive to quarterly performance shifts.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 financial results.
- Review of results for wholly-owned subsidiary Amulet Technologies Limited for the quarter ended June 30, 2026.
- Finalization of the 32nd Annual General Meeting (AGM) notice and book closure dates.
- Consideration of re-appointment for Director Mr. Sanjeev Goel, who retires by rotation.
- Re-constitution of the Corporate Social Responsibility (CSR) Committee of the Board.
Managing Director Sanjeev Goel has entered into an agreement to purchase 12,58,088 equity shares (6.85% stake) from India Business Excellence Fund – II, a fellow promoter group entity. The transaction is an inter-se promoter transfer priced at ₹11.00 per share, totaling ₹1.38 Cr. While the MD's personal stake will rise to 25.90%, the overall promoter group holding remains unchanged at 71.04%. This is an off-market transaction conducted under SEBI Takeover Regulations exemptions.
- Transfer of 12,58,088 equity shares representing 6.85% of the company's share capital.
- Transaction price of ₹11.00 per share, which is a ~30% discount to the current market price of ₹15.8.
- Total transaction value amounts to ₹1.38 Cr, representing approximately 4.7% of the company's ₹29 Cr market capitalization.
- MD Sanjeev Goel's individual holding will increase to 25.90% from the previous level.
- Seller India Business Excellence Fund – II will see its stake reduced to 4.64%.
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