Indus Finance Ltd (531841)
Q2 FY27 results
Indus Finance Ltd reported Q2 FY27 results on 14 Oct 2026: net interest income ₹1.0 Cr (+75.5% year on year, -17.5% on the previous quarter), and net profit ₹0.1 Cr (+12.1% year on year).
| Q2 FY27 (₹ Cr) | Value | YoY vs Q2 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹1.0 | +75.5% | -17.5% |
| Operating profit | ₹0.2 | — | -76.0% |
| Net profit | ₹0.1 | +12.1% | -88.1% |
| EPS (₹) | 0.10 | +11.1% | -87.7% |
- Profit -44% below its own trend
Against its own trend: net profit of ₹0.1 Cr was -43.9% against the ₹0.2 Cr its recent growth pointed to (below trend). This is a statistical baseline, not an analyst estimate.
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Indus Finance reported standalone total income of ₹127.65 lakh (₹1.28 crore) for the quarter ended September 30, 2026, marking a 21.4% YoY growth compared to ₹105.18 lakh in Q2 FY26. Net profit stood at ₹8.97 lakh, up slightly from ₹8.35 lakh in Q2 FY26, but down sharply by 88% sequentially compared to ₹75.37 lakh in Q1 FY27. For H1 FY27, net profit rose significantly to ₹84.33 lakh compared to ₹25.76 lakh in H1 FY26. Total loan assets expanded to ₹3,189.30 lakh (₹31.89 crore) as of September 30, 2026, from ₹2,492.96 lakh at the end of FY26.
- Total income in Q2 FY27 stood at ₹127.65 lakh vs ₹105.18 lakh in Q2 FY26 and ₹154.79 lakh in Q1 FY27
- Net profit came in at ₹8.97 lakh vs ₹75.37 lakh in Q1 FY27, impacted by ₹18.10 lakh loss on fair value changes
- H1 FY27 net profit reached ₹84.33 lakh, up 227% YoY from ₹25.76 lakh in H1 FY26
- Loan book increased by 27.9% to ₹3,189.30 lakh from ₹2,492.96 lakh as of March 31, 2026
- Diluted EPS dropped sequentially to ₹0.10 from ₹0.81 in Q1 FY27
Indus Finance reported standalone Q2 FY27 revenue from operations of ₹127.65 lakh compared to ₹105.18 lakh in Q2 FY26, with net profit slightly up at ₹8.97 lakh versus ₹8.35 lakh YoY (down sharply from ₹75.37 lakh in Q1 FY27). The Board approved a 5:9 bonus share issue, proposing to issue up to 51,43,500 equity shares capitalizing ₹514.35 lakh from reserves, subject to shareholder approval. Additionally, internal auditor M/s. Kailash Jain and Associates resigned citing personal reasons, replaced by M/s. Vasudevan & Associates.
- Q2 revenue from operations stood at ₹127.65 lakh vs ₹105.18 lakh in Q2 FY26
- Q2 PAT was ₹8.97 lakh compared to ₹8.35 lakh YoY and ₹75.37 lakh QoQ
- Board approved a 5:9 bonus issue (5 new shares for every 9 existing shares)
- Proposed bonus issue capitalises ₹514.35 lakh out of available reserves of ₹528.43 lakh (as of March 31, 2026)
- Post-bonus share capital to increase to ₹1,440.18 lakh from ₹925.83 lakh
Indus Finance reported a standalone net profit of ₹75.37 Lakhs for Q1 FY27, a 15.5% increase from ₹65.25 Lakhs in the same quarter last year. Total income remained relatively stable at ₹1.55 Cr compared to ₹1.60 Cr YoY, while finance costs saw a significant reduction of 32.9%. The Board has also constituted a committee to evaluate fund-raising options (Rights/Preferential Issue) and a potential Bonus Issue. The company currently trades at a high P/E of 87 with a market cap of ₹174 Cr.
- Net Profit grew 15.5% YoY to ₹75.37 Lakhs from ₹65.25 Lakhs in June 2025.
- Total Income for the quarter stood at ₹154.79 Lakhs, down marginally from ₹159.76 Lakhs YoY.
- Finance costs decreased to ₹31.44 Lakhs from ₹46.87 Lakhs in the year-ago period.
- Basic EPS improved to ₹0.81 for the quarter, up from ₹0.70 in the corresponding previous quarter.
- Board delegated the evaluation of fund raising and Bonus Issue ratio to a specialized committee.
Indus Finance reported a stable Q1 FY27 with a net profit of ₹0.75 Cr, representing a 15.5% increase from ₹0.65 Cr in the same quarter last year. Total income remained relatively flat at ₹1.55 Cr compared to ₹1.60 Cr YoY. A key driver for the profit growth was a 32.9% reduction in finance costs to ₹31.44 lakhs. Additionally, the board has initiated plans for a potential fundraise (via Rights or Preferential issue) and a bonus share issue, delegating the structure and ratios to a committee.
- Net Profit for Q1 FY27 increased 15.5% YoY to ₹75.37 lakhs from ₹65.25 lakhs.
- Total Income for the quarter stood at ₹154.79 lakhs, a slight decline from ₹159.76 lakhs in Q1 FY26.
- Finance costs decreased significantly by 32.9% to ₹31.44 lakhs from ₹46.87 lakhs YoY.
- Basic and Diluted EPS improved to ₹0.81 for the quarter, up from ₹0.70 in the previous year's corresponding quarter.
- Board has delegated the evaluation of a potential Bonus Issue and Fund Raising mode to a specialized committee.
Indus Finance has updated its board meeting agenda for August 11, 2026, to include proposals for a bonus share issue and fund raising, alongside the approval of Q1 FY27 results. The company, a micro-cap NBFC with a net worth of Rs 23 Cr and TTM revenue of Rs 9 Cr, has seen its stock price rise by 243% over the last 12 months. A fundraise is significant given the company's small capital base relative to its Rs 155 Cr market cap. The trading window remains closed until 48 hours after the meeting conclusion.
- Board meeting scheduled for 11/08/2026 to consider bonus shares and fund raising.
- Company reported TTM revenue of Rs 9 Cr and TTM PAT of Rs 2 Cr.
- Net worth stands at Rs 23 Cr as per latest available financial context.
- Trading window for designated persons has been closed since 01/07/2026.
- Promoter holding remains stable at 74.79% as of June 2026.
Indus 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. The company is coming off a strong FY26 where annual revenue reached Rs 8.42 Cr, a significant increase from Rs 5.31 Cr in FY25. With a current market capitalization of Rs 155 Cr and a high P/E ratio of 77.3, the upcoming results are critical to justify the recent 209% price return over the last six months. The trading window for designated persons has been closed since July 1, 2026.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results.
- Trading window for designated persons closed since July 1, 2026.
- Company reported a TTM revenue of Rs 9 Cr against a market cap of Rs 155 Cr.
- March 2026 quarter revenue stood at Rs 5.69 Cr, representing over 60% of TTM revenue.
- Promoter holding remains stable at 74.79% as of June 2026.
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