Paragon Finance Ltd (531255)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Paragon Finance's net interest income was ₹0.9 Cr (-20.0% year on year), and net profit ₹3.4 Cr (+140.5% year on year).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹0.9 | -20.0% | from loss |
| Operating profit | ₹4.0 | — | — |
| Net profit | ₹3.4 | +140.5% | from loss |
| EPS (₹) | 7.92 | +140.7% | from loss |
📢 Recent Corporate Announcements
Paragon Finance Limited has informed the exchange that Mr. Anshul Goenka (DIN: 10295759) has resigned from his position as Non-Executive Independent Director, effective August 31, 2026. The director submitted his resignation letter dated August 25, 2026, citing preoccupation with other personal and professional commitments. Mr. Goenka confirmed that there are no other material reasons for his departure and holds nil other listed company directorships. The micro-cap NBFC currently has a market capitalization of approximately Rs 24 Cr.
- Mr. Anshul Goenka resigned as Non-Executive Independent Director effective 31st August, 2026
- Resignation letter tendered on 25th August, 2026 citing personal and professional commitments
- Confirmed no other material reasons for resignation exist
- Director holds directorships and committee memberships in Nil other listed entities
Paragon Finance Ltd's Board of Directors has recommended the appointment of Mr. Altab Uddin Kazi, Practising Company Secretary, as the company's Secretarial Auditor. The proposed appointment is for a term of 5 consecutive years covering FY 2025-26 to FY 2029-30. The appointment is subject to approval by shareholders at the ensuing Annual General Meeting (AGM). This is a routine statutory compliance update under SEBI LODR regulations.
- Board recommended appointment of Mr. Altab Uddin Kazi (FCS No. 12581, CP No. 27662) on August 31, 2026
- Appointment spans a 5-year tenure from financial year 2025-26 to 2029-30
- Final approval is subject to shareholder voting at the ensuing AGM
Paragon Finance Limited's Board met on August 31, 2026, to approve its annual audited statements and schedule its 40th Annual General Meeting for September 26, 2026. Key board changes include the appointment of Mrs. Raveena Agrawal as Non-Executive Independent Director for a 5-year term and the resignation of Independent Director Mr. Anshul Goenka. Additionally, Executive Director Mr. Aloke Kumar Gupta was recommended for re-appointment with proposed remuneration revised down from Rs 5.00 lakhs per month to Rs 50,000 per month.
- 40th AGM scheduled for September 26, 2026, with voting cut-off date set to September 19, 2026
- Mrs. Raveena Agrawal appointed as Non-Executive Independent Director for a 5-year term ending August 30, 2031
- Mr. Anshul Goenka resigned as Independent Director effective August 31, 2026
- Executive Director Aloke Kumar Gupta recommended for re-appointment with revised proposed remuneration of Rs 50,000 per month vs Rs 5 Lakhs per month previously
- Mr. Altab Uddin Kazi recommended as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30)
Paragon Finance reported a significant turnaround in Q1 FY27 with a net profit of Rs 3.37 Cr, compared to a loss of Rs 4.88 Cr in Q4 FY26. The total income of Rs 4.33 Cr was primarily driven by 'Other Income' (Rs 3.44 Cr) and fair value gains, while core interest income remained low at Rs 0.30 Cr. With a market cap of just Rs 20 Cr, this quarterly profit represents a substantial 16.8% of the company's valuation. However, the high volatility in non-interest income items suggests that these earnings may not be sustainable or representative of the core lending business.
- Reported a Net Profit of Rs 3.37 Cr for Q1 FY27, reversing a loss of Rs 4.88 Cr in Q4 FY26
- Total Income reached Rs 4.33 Cr, a 97% increase compared to Rs 2.20 Cr in Q1 FY26
- Interest income contributed only Rs 30.32 Lakhs, representing just 7% of total income
- Earnings Per Share (EPS) stood at Rs 7.92 for the quarter, compared to a negative Rs 11.47 in the previous quarter
- Promoter holding increased slightly to 73.94% as of June 2026 from 72.47% in March 2026
Paragon Finance reported a sharp turnaround in Q1 FY27 (ending June 2026) with a net profit of ₹3.37 Cr, compared to a loss of ₹4.88 Cr in the previous quarter. Total income surged to ₹4.33 Cr, primarily driven by ₹3.44 Cr in 'Other Income' and fair value gains, which have historically been volatile for this company. Given the small market cap of ₹20 Cr, this single-quarter profit represents a significant ~17% of the company's total valuation.
- Reported Net Profit of ₹3.37 Cr for Q1 FY27 vs a loss of ₹4.88 Cr in Q4 FY26
- Total Income of ₹4.33 Cr significantly exceeds the reported TTM revenue of ₹1 Cr
- Other Income contributed ₹3.44 Cr, reversing a negative ₹4.13 Cr recorded in the previous quarter
- Basic EPS recovered to ₹7.92 for the quarter from ₹(11.47) in the preceding quarter
- Total expenses were reduced by 50% QoQ to ₹32.71 lakhs from ₹65.10 lakhs
Paragon Finance Ltd has scheduled a board meeting for August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This follows a challenging FY26 where the company reported a net loss of ‑Rs 1.11 crore on a total revenue of Rs 1.28 crore. The company's performance in the most recent quarter (March 2026) was particularly weak, with a net loss of ‑Rs 4.88 crore. Investors will be monitoring the upcoming results for signs of operational stabilization in this micro-cap NBFC.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results
- Company reported a net loss of ‑Rs 1.11 crore for the full year FY26
- Promoter holding has increased to 73.94% as of June 2026 from 70.86% in September 2025
- Market capitalization remains small at approximately Rs 22 crore
- March 2026 quarter saw a significant revenue reversal of ‑Rs 5.03 crore
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