Explicit Finance Ltd (530571)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Explicit Finance's revenue was ₹0.5 Cr (-48.8% year on year, -32.0% on the previous quarter), and net profit ₹0.1 Cr (-36.2% year on year); the operating margin was 14.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.5 | -48.8% | -32.0% |
| Operating profit | ₹0.1 | -33.7% | from loss |
| Net profit | ₹0.1 | -36.2% | from loss |
| EPS (₹) | 0.07 | -36.4% | from loss |
| Operating margin | 14.6% | — | — |
📢 Recent Corporate Announcements
Explicit Finance Limited has submitted its 32nd Annual Report for FY2025-26 under Regulation 34 of SEBI LODR Regulations. The company has scheduled its 32nd Annual General Meeting (AGM) for Wednesday, September 30, 2026. Key agenda items include the adoption of FY26 audited financial statements, the re-appointment of Director Avinash Mainkar, and the appointment of Ms. Dipali Rajendra Marathe as an Independent Director for a 5-year term ending August 11, 2031. The register of members and share transfer books will remain closed from September 24 to September 30, 2026.
- 32nd Annual General Meeting scheduled for September 30, 2026, at 9:30 AM IST.
- Proposed appointment of Ms. Dipali Rajendra Marathe as Independent Director for a 5-year term from August 12, 2026, to August 11, 2031.
- Book closure dates fixed from September 24, 2026, to September 30, 2026 (both days inclusive).
- Re-appointment of Mr. Avinash Mainkar as Non-Executive Director retiring by rotation.
Explicit Finance Ltd has reported the resignation of Ms. Vandana Kalokhe (DIN: 11757001) from her position as Additional Director (Non-Executive Independent Category), effective August 31, 2026. Ms. Kalokhe was appointed on June 16, 2026, serving less than three months before stepping down due to pre-occupation of work. The company confirmed there are no other reasons for her cessation. Explicit Finance is a micro-cap entity with a market capitalization of Rs 7 Cr and TTM revenue of Rs 3 Cr.
- Ms. Vandana Kalokhe resigned as Non-Executive Independent Director on August 31, 2026
- Appointed initially on June 16, 2026, resulting in a tenure of under 3 months
- Reason cited for resignation is pre-occupation of work with no other material reasons
- Explicit Finance reported TTM revenue of Rs 3 Cr and net worth of Rs 8 Cr
Explicit Finance Ltd approved its unaudited standalone financial results for the quarter ended June 30, 2026, during a board meeting on August 12, 2026. The company also appointed Ms. Dipali Rajendra Marathe as an Additional Independent Director for a five-year term ending August 11, 2031. The board finalized the schedule for the Annual General Meeting (AGM) for FY26. The auditor's limited review report was clean, noting no material misstatements in the quarterly financials.
- Board approved standalone unaudited results for the quarter ended June 30, 2026
- Appointment of Ms. Dipali Rajendra Marathe as Independent Director for a 5-year term
- New director brings 3 years of experience in accounts and taxation
- Board meeting duration was 5 hours, concluding at 5:30 P.M. on August 12, 2026
- Promoter holding remains low at 12.1% as per latest available context
Explicit Finance Ltd held a board meeting on August 12, 2026, to approve the unaudited standalone financial results for the quarter ended June 30, 2026. The board also appointed Ms. Dipali Rajendra Marathe as an Additional Independent Director for a five-year term effective August 12, 2026, to August 11, 2031. Ms. Marathe is a commerce graduate with three years of experience in accounts and taxation. Additionally, the company finalized the schedule and notice for its upcoming Annual General Meeting (AGM) for FY26.
- Appointment of Ms. Dipali Rajendra Marathe as Independent Director for a 5-year term ending August 11, 2031.
- Approval of unaudited standalone financial results for the quarter ended June 30, 2026.
- The board meeting lasted 5 hours, commencing at 12:30 P.M. and concluding at 5:30 P.M.
- The new appointee brings 3 years of professional experience in the fields of accounts and taxation.
Explicit Finance Ltd has scheduled a board meeting for August 12, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board will also finalize the Annual General Meeting (AGM) details for FY26 and consider the appointment of Mrs. Dipali Rajendra Marathe as an Additional Independent Director. The company is currently a micro-cap with a market cap of Rs 8 Cr and reported a marginal net loss of Rs 0.01 Cr in FY26 on revenue of Rs 3.27 Cr.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results.
- Proposed appointment of Mrs. Dipali Rajendra Marathe as an Additional Independent Director.
- Meeting to finalize the date, time, and venue for the FY26 Annual General Meeting.
- Company reported a net loss of Rs 0.15 Cr in the most recent quarter (March 2026).
- Promoter holding remains low at 12.1% as of March 2026.
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