PMC Fincorp Ltd (534060)
Latest quarterly results (Q1 FY27)
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Operating profit | ₹5.7 | — | — |
| Net profit | ₹4.3 | +5.5% | from loss |
| EPS (₹) | 0.06 | +0.0% | from loss |
📢 Recent Corporate Announcements
PMC Fincorp shareholders approved the appointment of M/s Sunil K. Gupta & Associates, Chartered Accountants, as the company's statutory auditors at the AGM held on September 24, 2026. The appointment is for a tenure of five consecutive years, running until the conclusion of the 46th Annual General Meeting in 2031. The audit firm brings over 46 years of operating experience since its founding in 1980.
- Shareholders approved appointment of M/s Sunil K. Gupta & Associates at the AGM held on September 24, 2026
- Appointed for a period of 5 consecutive years up to the 46th AGM in FY 2031
- Auditor firm holds FRN 002154N and Peer Review Certification Number 015191 with over 46 years of experience since 1980
PMC Fincorp shareholders approved the appointment of M/s Sunil K. Gupta & Associates, Chartered Accountants, as the company's statutory auditors at the AGM held on September 24, 2026. The appointment is for a tenure of five consecutive years, running until the conclusion of the 46th Annual General Meeting in 2031. The audit firm brings over 46 years of operating experience since its founding in 1980.
- Shareholders approved appointment of M/s Sunil K. Gupta & Associates at the AGM held on September 24, 2026
- Appointed for a period of 5 consecutive years up to the 46th AGM in FY 2031
- Auditor firm holds FRN 002154N and Peer Review Certification Number 015191 with over 46 years of experience since 1980
PMC Fincorp has announced its 41st Annual General Meeting (AGM) to be held on Thursday, September 24, 2026, at 11:00 AM IST through video conferencing. The cut-off date to determine shareholder eligibility for remote e-voting is Friday, September 18, 2026. The remote e-voting window will open on September 21, 2026 (9:00 AM IST) and close on September 23, 2026 (5:00 PM IST). The register of members and share transfer books will remain closed from September 18, 2026, to September 24, 2026.
- 41st Annual General Meeting scheduled for September 24, 2026, at 11:00 AM IST via VC/OAVM
- Cut-off date for e-voting eligibility set as Friday, September 18, 2026
- Remote e-voting open from September 21, 2026 (9:00 AM IST) to September 23, 2026 (5:00 PM IST)
- Book closure period from September 18, 2026, to September 24, 2026 (both days inclusive)
PMC Fincorp has submitted its Annual Report for FY 2025-26 and scheduled its 41st AGM for September 24, 2026, via video conferencing. The annual financial summary confirms FY26 total revenue of ₹18.24 Cr (down 14.16% YoY) and net profit of ₹6.15 Cr (down 57.13% YoY). Net worth expanded 9.86% YoY to ₹185.70 Cr, resulting in a book value of ₹2.61 per share. The company reported zero gross and net NPAs, with direct exposure to the capital market standing at ₹12.22 Cr.
- FY26 total revenue stood at ₹1,823.67 Lakhs, down 14.16% YoY from ₹2,124.43 Lakhs in FY25
- FY26 net profit fell 57.13% YoY to ₹615.21 Lakhs compared to ₹1,434.98 Lakhs in FY25
- Net worth increased 9.86% to ₹18,569.72 Lakhs with book value per share at ₹2.61
- Company reported zero Gross and Net Non-Performing Assets (NPAs) as of March 31, 2026
- 41st Annual General Meeting scheduled for September 24, 2026
PMC Fincorp Ltd has issued the notice for its 41st Annual General Meeting scheduled for September 24, 2026, via Video Conferencing. Key agenda items include adopting the FY26 audited standalone financial statements and the re-appointment of Director Raj Kumar Modi. Additionally, shareholders will vote on confirming M/s Sunil K. Gupta & Associates as statutory auditors for a 5-year term through FY31, filling the casual vacancy created after the prior auditor resigned in November 2025 over audit fees.
- 41st AGM scheduled for September 24, 2026, at 11:00 AM IST via VC/OAVM
- Shareholder voting cut-off date fixed for September 18, 2026, with remote e-voting from September 21 to September 23, 2026
- Proposed appointment of M/s Sunil K. Gupta & Associates as statutory auditors for 5 years up to FY 2030-31
- Casual vacancy arose from previous auditor Pankaj Gupta & Co resigning on November 14, 2025 citing fee revisions
- Director Raj Kumar Modi (holding 72,64,800 shares) seeks re-appointment upon retiring by rotation
PMC Fincorp's Board of Directors has approved the recommendation to appoint M/s. Sunil K. Gupta & Associates, Chartered Accountants, as Statutory Auditors for a period of five consecutive years (from the 41st AGM to the 46th AGM in 2031). The appointment is subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the company has scheduled its 41st AGM for September 24, 2026.
- Proposed appointment of M/s. Sunil K. Gupta & Associates (FRN: 002154N) as Statutory Auditor for 5 consecutive years
- Auditor tenure will run from the conclusion of the 41st AGM until the 46th AGM in 2031, pending shareholder approval
- 41st Annual General Meeting scheduled to take place on September 24, 2026, at 11:00 AM IST via VC/OAVM
PMC Fincorp's Board of Directors has recommended the appointment of M/s. Sunil K. Gupta & Associates, Chartered Accountants (FRN: 002154N), as its Statutory Auditor for a 5-year term. The appointment spans from the conclusion of the 41st AGM until the 46th AGM in 2031, subject to shareholder approval. Additionally, the company scheduled its 41st Annual General Meeting for September 24, 2026.
- Appointment of M/s. Sunil K. Gupta & Associates as Statutory Auditor for a 5-year tenure (2026 to 2031)
- Subject to shareholder approval at the upcoming 41st Annual General Meeting
- 41st AGM scheduled to be held on September 24, 2026 via Video Conferencing
- Auditor firm established in 1980 with over 45 years of experience (FRN: 002154N)
PMC Fincorp's Board of Directors has recommended the appointment of M/s. Sunil K. Gupta & Associates, Chartered Accountants, as Statutory Auditors for a term of 5 consecutive years. The term will run from the conclusion of the 41st AGM until the 46th AGM in 2031, subject to shareholder approval. The Board also approved the notice for the 41st AGM, scheduled for September 24, 2026, via Video Conferencing. This is a standard governance and compliance procedure with no direct financial impact.
- Recommended appointment of M/s. Sunil K. Gupta & Associates as Statutory Auditors for 5 consecutive years (until 2031 AGM).
- 41st Annual General Meeting scheduled for Thursday, September 24, 2026, at 11:00 AM IST.
- Auditor firm established in 1980 brings over 45 years of experience (Peer Review Cert: 015191).
- Board meeting commenced at 15:00 IST and concluded at 15:30 IST on August 17, 2026.
PMC Fincorp has submitted its quarterly statement confirming zero deviation in the utilization of funds raised through a preferential issue of warrants. The company had allotted 9 crore warrants at ₹2.62 each on February 17, 2026, receiving 25% of the total ₹23.58 crore aggregate amount (₹5.895 crore) upfront. As of June 30, 2026, the entire received amount has been deployed towards augmenting the capital base for NBFC activities and general corporate purposes. This filing is a standard regulatory requirement to ensure transparency in how raised capital is spent.
- Allotted 9,00,00,000 fully convertible warrants at an issue price of ₹2.62 per share
- Total aggregate amount of the preferential issue stands at ₹23.58 crore
- Received 25% upfront payment amounting to ₹5.895 crore during the quarter ended March 31, 2026
- Utilized ₹5.50 crore specifically to augment the capital base for increasing NBFC operational scale
- Confirmed Nil deviation or variation in fund usage for the quarter ended June 30, 2026
PMC Fincorp reported a Net Profit of Rs 4.32 Cr for Q1 FY27, representing a 5.6% YoY growth from Rs 4.09 Cr. This marks a significant recovery from the Rs 0.41 Cr loss recorded in the immediate previous quarter (Q4 FY26). Revenue from operations stood at Rs 6.38 Cr, down 6.1% YoY, but significantly higher than the Rs 3.78 Cr reported in Q4 FY26. The company also confirmed the full utilization of Rs 5.895 Cr raised through the 25% upfront payment of 9 crore convertible warrants for capital base augmentation.
- Net Profit reached Rs 4.32 Cr in Q1 FY27, a sharp turnaround from a loss of Rs 0.41 Cr in Q4 FY26.
- Revenue from operations for the quarter was Rs 6.38 Cr, contributing approximately 30% of the TTM revenue of Rs 21 Cr.
- Net Profit Margin for the quarter stood at a robust 67.68%.
- Fully utilized Rs 5.895 Cr (25% of warrant allotment proceeds) for increasing operational scale and general corporate purposes.
- Total Comprehensive Income for the quarter was Rs 5.96 Cr, aided by fair value changes in equity instruments.
PMC Fincorp reported a steady Q1 FY27 with a net profit of ₹4.32 Cr, up from ₹4.09 Cr in the previous year's corresponding quarter. Total revenue from operations stood at ₹6.38 Cr, a slight 6% decline from ₹6.79 Cr YoY, primarily driven by interest income of ₹4.84 Cr. The company confirmed the full utilization of ₹5.895 Cr raised via preferential warrant allotment (representing 25% of the total ₹23.58 Cr issue) for augmenting its capital base. Net profit margins remained robust at 67.68%, reflecting efficient cost management despite the revenue dip.
- Net Profit for Q1 FY27 reached ₹4.32 Cr, a 5.6% increase over ₹4.09 Cr in Q1 FY26
- Total Revenue from operations for the quarter was ₹6.38 Cr, contributing ~30% to TTM revenue
- Fully utilized ₹5.895 Cr raised from warrant allotment for operational scaling and capital base augmentation
- Net Profit Margin improved to 67.68% from 60.15% in the same quarter last year
- Diluted EPS stood at ₹0.05, factoring in the potential conversion of 9,00,00,000 warrants
PMC Fincorp has scheduled a board meeting on August 13, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is coming off a volatile FY26, where quarterly net profit swung from a high of ₹4.09 cr in June 2025 to a loss of ₹0.41 cr in March 2026. Investors will be looking for signs of recovery and the impact of the ₹48 cr rights issue deployment on the lending portfolio. The trading window for insiders remains closed until August 15, 2026.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
- Trading window for securities dealing closed until August 15, 2026
- Company reported a net loss of ₹0.41 cr in the most recent quarter (March 2026)
- Deployment of ₹48 cr from rights issue remains a key monitorable for portfolio growth
Financial Performance
Revenue Growth by Segment
Not disclosed in available documents; however, the company reported an all-time high profit for the second consecutive year of INR 14.34 Crores for FY 2024-25.
Profitability Margins
Net profit reached INR 14.34 Crores in FY 2024-25, representing an all-time high for the company. Specific margin percentages are not provided, but performance is noted to be volatile due to quarterly mark-to-market accounting of holdings.
Capital Expenditure
The company raised INR 48 Crores through a rights issue of equity shares during FY 2024-25, which has been successfully deployed into expanding lending and investing operations.
Operational Drivers
Raw Materials
Not applicable as the company operates in the financial services and investment sector.
Capacity Expansion
The company is expanding its lending and capital market operations following the deployment of INR 48 Crores raised via rights issue in FY 2024-25.
Strategic Growth
Growth Strategy
The company plans to achieve growth by deploying INR 48 Crores from its rights issue into expanded lending and investment portfolios. The strategy involves optimizing and repositioning portfolios based on emerging market trends, focusing on fundamental developments rather than just market sentiment, and identifying entry/exit opportunities in the capital markets.
Products & Services
Inter-corporate loans, equity investments, and capital market operations.
Brand Portfolio
PMC Fincorp
New Products/Services
Gradual alignment and expansion of capital market operations and steady expansion of the lending portfolio.
Market Expansion
The company is targeting broader market recovery, specifically focusing on blue-chip stocks followed by mid and small-cap segments as market conditions stabilize.
External Factors
Industry Trends
The Indian IPO market is expected to grow, with fundraising forecasted at USD 23 Billion for FY 2025-26, up from USD 19.6 Billion. The entry of new-age companies like Zomato into the Nifty 50 reflects a shifting economic landscape that the company aims to track.
Competitive Landscape
Operates in a competitive NBFC and investment sector influenced by government spending and corporate profitability outlooks.
Competitive Moat
The company's moat is built on a non-leveraged investment strategy and a focus on long-term fundamental trends, which helped safeguard positions during the market volatility of late 2024.
Macro Economic Sensitivity
Highly sensitive to global trade policies and interest rate projections, particularly following the US Presidential election on November 5, 2024, and the subsequent 'America First' policy shifts.
Geopolitical Risks
Risks include the Russia-Ukraine war entering its third year, Middle East conflicts, and potential trade wars between the US and China/India affecting global economic landscapes.
Regulatory & Governance
Industry Regulations
Compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains an Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee.
Legal Contingencies
No strictures or penalties were imposed on the company by Stock Exchanges, SEBI, or any statutory authority regarding capital market matters during the financial years 2022-23, 2023-24, and 2024-25.
Risk Analysis
Key Uncertainties
Quarterly financial performance is subject to high volatility due to the accounting principle of recording holdings at market value. Systematic risks inherent to business operations and global trade negotiations pose significant uncertainties.
Third Party Dependencies
Dependency on the Registrar and Share Transfer Agent, M/s. Indus Shareshree Private Limited, for share-related regulatory compliance.
Credit & Counterparty Risk
The company faces inherent credit risk in its lending operations, which it manages through identifying and assessing unsystematic risks.
