SI Capital & Financial Services Ltd (530907)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, SI Capital's revenue was ₹1.1 Cr (+28.4% year on year, +7.0% on the previous quarter), and net profit ₹0.1 Cr (-29.3% year on year); the operating margin was 34.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.1 | +28.4% | +7.0% |
| Operating profit | ₹0.4 | -6.3% | +4.1% |
| Net profit | ₹0.1 | -29.3% | +8.8% |
| EPS (₹) | 0.28 | -31.7% | +7.7% |
| Operating margin | 34.3% | — | — |
📢 Recent Corporate Announcements
SI Capital & Financial Services has submitted its Integrated Annual Report for FY 2025-26 and scheduled its 32nd Annual General Meeting for September 18, 2026. In FY26, total income rose 42.7% to Rs 3.73 crore (Rs 373.49 lakhs) with PAT growing 93.6% to Rs 0.33 crore (Rs 33.37 lakhs). The gross loan book expanded 18.5% to Rs 13.63 crore, led by an 87.6% growth in vehicle loans to Rs 6.21 crore. The company highlighted an ongoing Rights Issue to raise Rs 7.58 crore (closing September 3, 2026) to bolster net owned funds.
- FY26 Total Income increased 42.7% to Rs 3.73 crore (PAT rose 93.6% to Rs 33.37 lakhs)
- Gross loan portfolio grew 18.5% to Rs 13.63 crore with vehicle loans surging 87.6% to Rs 6.21 crore
- Reported CRAR stood robust at 40.87% and NPA reduced to 3.48%
- Ongoing Rights Issue to raise Rs 7.58 crore open from August 10 to September 03, 2026
SI Capital & Financial Services Ltd has scheduled its 32nd Annual General Meeting for September 18, 2026. Key agenda items include seeking shareholder approval for an enabling resolution to issue Non-Convertible Debentures (NCDs) on a private placement basis up to Rs 10 crore. Additionally, the company is seeking approval for the revision of remuneration payable to Managing Director Anto Mekkattukulam Jayson effective April 1, 2026. The Rs 10 crore borrowing ceiling is significant compared to the company's current market capitalization of Rs 8 crore and FY26 revenue of Rs 3.71 crore.
- 32nd AGM scheduled for September 18, 2026, via Video Conferencing.
- Enabling resolution proposed to raise up to Rs 10 crore through private placement of NCDs within one year.
- Special resolution proposed for revision in remuneration of Managing Director Mr. Anto Mekkattukulam Jayson effective April 1, 2026.
- Ordinary business includes adoption of FY26 audited accounts and retirement by rotation of two directors.
SI Capital & Financial Services has dispatched the notice for its 32nd Annual General Meeting scheduled for September 18, 2026. Key special resolutions include an enabling approval to raise up to ₹10 Crore via private placement of Non-Convertible Debentures (NCDs) over the next year and a revision of MD remuneration. The ₹10 Crore NCD borrowing limit is substantial compared to the company's current market cap of ~₹8 Crore and net worth of ~₹6 Crore.
- AGM scheduled for September 18, 2026, at 11:30 AM IST via Video Conferencing
- Special resolution proposed to raise up to ₹10 Crore through private placement of NCDs
- Proposed NCD limit represents ~125% of the company's current market cap of ₹8 Crore
- Resolution proposed for revision in remuneration of Managing Director Anto Mekkattukulam Jayson effective April 1, 2026
- Re-appointment of directors T.B. Ramakrishnan and Jitha Chummar retiring by rotation
SI Capital & Financial Services' Board approved seeking shareholder approval at the AGM on September 18, 2026, to issue Non-Convertible Debentures (NCDs) up to Rs 10 crore. This proposed debt limit represents ~125% of the company's current market cap of Rs 8 crore and exceeds its net worth of Rs 6 crore. The board also recommended increasing the Managing Director's fixed remuneration from Rs 75,000 to Rs 1,25,000 per month effective April 1, 2026. Both resolutions will be placed before shareholders at the upcoming 32nd AGM.
- Shareholder approval sought for NCD issuance up to Rs 10 Crore limit
- MD fixed monthly pay proposed to increase from Rs 75,000 to Rs 1,25,000 effective April 1, 2026
- MD profit-share hurdle revised to 15% of PBT exceeding Rs 70 Lakhs (previously Rs 60 Lakhs)
- 32nd Annual General Meeting scheduled for September 18, 2026
SI Capital & Financial Services' board has approved seeking shareholder approval at the upcoming AGM to issue Non-Convertible Debentures (NCDs) up to an aggregate limit of Rs 10 Crore. The proposed borrowing limit is significant relative to the company's current market cap of Rs 8 Crore and existing debt of Rs 8 Crore. The board also approved a hike in MD Anto Jayson Mekkattukulam's monthly remuneration from Rs 75,000 to Rs 1,25,000, along with revised profit sharing terms. The 32nd AGM is scheduled for September 18, 2026.
- Board approved seeking shareholder approval for NCD issuance up to Rs 10 Crore.
- Proposed NCD limit represents ~125% of current market cap of Rs 8 Crore and 250% of TTM revenue of Rs 4 Crore.
- MD Anto Jayson Mekkattukulam's monthly base pay revised from Rs 75,000 to Rs 1,25,000 w.e.f. April 1, 2026.
- MD incentive revised to 15% of PBT exceeding Rs 70,00,000 (up from threshold of Rs 60,00,000).
- 32nd Annual General Meeting scheduled for September 18, 2026 via video conferencing.
SI Capital & Financial Services Ltd has scheduled a Board of Directors meeting on August 20, 2026. The board will consider seeking shareholder approval for the issuance of Non-Convertible Debentures (NCDs) at the upcoming Annual General Meeting. Additionally, the board will review and approve the Annual Report for FY26 and finalize AGM details. Specific borrowing amounts and terms for the NCD issue remain undisclosed at this stage.
- Board meeting scheduled for August 20, 2026.
- Proposal to seek shareholder approval for Non-Convertible Debentures (NCD) issuance.
- Board to review and approve Annual Report for the fiscal year ended March 31, 2026.
- Convening and drafting notice for the upcoming Annual General Meeting.
SI Capital & Financial Services is raising up to ₹7.575 crore through a rights issue of 75.75 lakh shares. The issue is priced at ₹10 per share, a significant discount to the current market price of ₹29.7. The entitlement ratio is 3:2, meaning eligible shareholders as of the July 31, 2026 record date can purchase 3 new shares for every 2 held. This fundraise is highly material, representing approximately 50% of the company's current market capitalization and exceeding its total net worth of ₹6 crore.
- Rights issue size of up to ₹757.50 Lakhs (₹7.575 Cr) at a fixed price of ₹10 per share
- Entitlement ratio set at 3:2 (3 new shares for every 2 existing shares held)
- Total equity share capital to increase from 50.50 lakh shares to 126.25 lakh shares post-issue
- Record date for eligibility is July 31, 2026, with the issue open from August 10 to September 3, 2026
- Rights Entitlements (RE) can be traded on the stock exchange until August 28, 2026
SI Capital & Financial Services has finalized the record date of July 31, 2026, for its ₹7.575 crore rights issue. The company will issue up to 75.75 lakh shares at a price of ₹10 each, representing a significant discount to the current market price of ₹29.7. The entitlement ratio is 3:2, meaning eligible shareholders can subscribe to 3 new shares for every 2 held. This fundraise is highly material, representing approximately 50% of the current market capitalization and exceeding the company's total net worth of ₹6 crore.
- Rights issue size of up to ₹757.50 Lakhs (₹7.575 Cr) at a price of ₹10 per share
- Entitlement ratio fixed at 3:2 (3 new shares for every 2 existing shares held)
- Record date for eligibility set as July 31, 2026, with the issue opening on August 10, 2026
- Total outstanding equity shares to increase from 50.50 lakh to 126.25 lakh post-issue (150% increase)
- Last date for on-market renunciation of Rights Entitlements (RE) is August 28, 2026
SI Capital & Financial Services approved its unaudited financial results for the quarter ended June 30, 2026, in a board meeting held on July 24, 2026. The company operates as a micro-cap entity with a market capitalization of only Rs 15 Cr and TTM revenue of Rs 4 Cr. Given its relatively high debt-to-equity ratio of 1.40 (Rs 8 Cr debt), quarterly performance is critical for monitoring solvency. The previous quarter (Mar 2026) reported a modest net profit of Rs 0.13 Cr on revenue of Rs 1.02 Cr.
- Board meeting held on July 24, 2026, to approve the unaudited financial results.
- Results cover the first quarter of the 2026-27 fiscal year (ended June 30, 2026).
- Company maintains a small scale with TTM revenue of approximately Rs 4 Cr.
- Debt levels remain significant for its size at Rs 8 Cr against a Rs 6 Cr net worth.
- Promoter holding has remained stagnant at 39.47% as of June 2026.
SI Capital & Financial Services has finalized terms for a Rs 7.575 crore rights issue, which is significant given its current market capitalization of Rs 15 crore. The company will issue up to 75.75 lakh shares at a price of Rs 10 each, a steep discount to the current market price of Rs 29.7. The entitlement ratio is set at 3:2, meaning the equity base will expand by 150% if fully subscribed. The record date for eligibility is July 31, 2026, with the subscription window opening on August 10, 2026.
- Rights issue size of up to Rs 757.50 Lakhs (Rs 7.575 Cr)
- Entitlement ratio of 3 shares for every 2 shares held (3:2)
- Issue price fixed at Rs 10.00 per share, significantly below the current market price of Rs 29.7
- Total equity shares to increase from 50,50,000 to 1,26,25,000 post-issue
- Record date for determining eligibility is Friday, July 31, 2026
SI Capital & Financial Services has scheduled a board meeting for July 24, 2026, to finalize the pricing, size, and record date for its proposed Rights Issue. This follows the Draft Letter of Offer filed on May 13, 2026, and is a critical step in the company's capital-raising process. The board will also consider the unaudited financial results for the quarter ended June 30, 2026. Given the company's small market cap of Rs 13 Cr and a high debt-to-equity ratio of 1.40, the terms of this fundraise are highly material for shareholders.
- Board meeting scheduled for July 24, 2026, to determine Rights Issue price and ratio
- Draft Letter of Offer was previously filed with the exchange on May 13, 2026
- Company carries a debt of Rs 8 Cr against a net worth of Rs 6 Cr (D/E of 1.40)
- Market capitalization is currently micro-cap at Rs 13 Cr
- Q1 FY27 financial results to be approved in the same meeting
SI Capital & Financial Services Ltd has responded to a BSE surveillance query regarding recent price movements. In its filing dated July 16, 2026, the company stated that there is no undisclosed material information or announcement that could impact the stock's price behavior. The management maintains that the price fluctuations are purely market-driven and that the company remains in compliance with SEBI Regulation 30. This follows a period where the stock has declined by 34.9% over the last three months.
- BSE issued a clarification request via Letter No. L/SURV/ONL/PV/SJ/2026-2027/4066 on July 15, 2026.
- Company responded on July 16, 2026, confirming all material events have been disclosed.
- Stock price has experienced a 34.9% decline over the trailing 3-month period.
- Management stated the price movement is purely market-driven and beyond company control.
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