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Richfield Financial Services Ltd (539435)

📊 BSE: 539435 🏢 Other Financial Services 📢 Latest filing: 03 Oct 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Richfield Financial's revenue was ₹4.9 Cr (+123.9% year on year, +14.0% on the previous quarter), and net profit ₹0.3 Cr (+273.1% year on year); the operating margin was 49.2%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹4.9	+123.9%	+14.0%
Operating profit	₹2.4	+168.1%	+91.5%
Net profit	₹0.3	+273.1%	from loss
EPS (₹)	0.35	+191.7%	from loss
Operating margin	49.2%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Richfield Financial Allots ₹1.41 Cr Secured NCDs Series VI at 11.25%-12% Coupon

🟡 NEUTRAL ⭐ 4/10

FUNDRAISE 📅 03 Oct 2026, 05:43 PM

Richfield Financial Services has allotted 14,110 secured, unlisted, redeemable Non-Convertible Debentures (NCDs) of face value ₹1,000 each on a private placement basis. The total issue size stands at ₹1.41 crore, representing approximately 9.4% of the company's ₹15 crore market cap and about 9.4% of TTM revenue. The NCDs offer coupon rates between 11.25% and 12.00% across tenures ranging from 400 days to 68 months. The debentures are secured by a first ranking pari passu charge on all movable assets and receivables.

Allotted 14,110 Secured Redeemable NCDs at a face value of ₹1,000 each
Total capital raised aggregates to ₹1.41 crore (₹1,41,10,000)
Offers fixed coupons of 11.25% to 12.00% and zero-coupon options compounding up to ₹2,000 redemption
Tenures range from 400 days (maturing Nov 7, 2027) to 68 months (maturing June 3, 2032)
Secured by first ranking pari passu charge on movable assets and receivables

💡 Track the deployment of funds towards revenue-generating loan book growth versus existing debt servicing, given current elevated leverage.

Richfield Financial to acquire up to ₹7 Cr loan portfolio from KLM Axiva Finvest

🟢 POSITIVE ⭐ 7/10

M&A 📅 24 Aug 2026, 11:36 AM

Richfield Financial Services' Finance Committee has approved the acquisition of a loan portfolio of up to ₹7 crore in one or more tranches from KLM Axiva Finvest Limited. Relative to the company's net worth of ₹14 crore and TTM revenue of ₹15 crore, this portfolio acquisition represents a significant expansion (~50% of net worth). The transaction includes all underlying security interests, title, and receivables on an arm's length basis without any promoter or related-party affiliation.

Approved acquisition of loan portfolio of up to ₹7 Crore in one or more tranches from KLM Axiva Finvest
Portfolio size of ₹7 Cr represents ~50.0% of net worth (₹14 Cr) and ~46.7% of TTM revenue (₹15 Cr)
Transaction covers full assignment of receivables, economic rewards, risks, and underlying security interests
Confirmed as an arm's length transaction with no promoter group shareholding or related-party exposure

💡 Track subsequent quarterly filings to assess how the acquisition is financed, the asset yields, and any credit quality/NPA provisioning arising from the acquired portfolio.

Richfield Financial Reports Q1 FY27 PAT of ₹0.34 Cr, Revenue Up 121% YoY

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 06:03 PM

Richfield Financial Services reported a strong start to FY27 with total income reaching ₹4.93 Cr for the quarter ended June 30, 2026, a 121% increase from ₹2.23 Cr in the year-ago period. Net profit improved to ₹0.34 Cr compared to ₹0.09 Cr in Q1 FY26, marking a recovery from the loss reported in the preceding March 2026 quarter. The company also confirmed that the ₹5.39 Cr raised via preferential allotment in March 2026 has been utilized without any deviations. However, finance costs remain high at ₹1.96 Cr, reflecting the company's significant debt burden.

Total Income for Q1 FY27 stood at ₹4.93 Cr, up from ₹2.23 Cr in Q1 FY26.
Net Profit increased to ₹0.34 Cr, a 277% growth over the ₹0.09 Cr reported in the same quarter last year.
Finance costs surged to ₹1.96 Cr from ₹0.81 Cr YoY, consuming nearly 40% of total income.
Preferential allotment of ₹5.39 Cr completed on March 10, 2026, shows zero deviation in fund utilization.
34th Annual General Meeting (AGM) is scheduled for September 24, 2026.

💡 Investors should monitor the company's ability to manage its high debt-to-equity ratio of 4.72 and whether the revenue growth momentum can be sustained to offset rising finance costs.

₹0.34 Cr Net Profit: Richfield Financial Q1 Profit Rises 257% YoY; Revenue Up 124%

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 05:30 PM

Richfield Financial Services reported a strong turnaround in Q1 FY27, with revenue from operations jumping 124% YoY to ₹4.90 Cr. Net profit reached ₹0.34 Cr, a significant recovery from the ₹0.16 Cr loss reported in the preceding March 2026 quarter. The company also confirmed the full utilization of ₹5.39 Cr raised via preferential allotment in March 2026 with no deviations. However, the company continues to operate with a high debt-to-equity ratio of 4.72.

Revenue from operations increased 124% YoY to ₹4.90 Cr from ₹2.19 Cr.
Net profit surged 257% YoY to ₹0.34 Cr compared to ₹0.09 Cr in the same quarter last year.
Earnings Per Share (EPS) improved to ₹0.35 from ₹0.13 YoY.
Confirmed no deviation in the use of ₹5.39 Cr raised through preferential allotment on March 10, 2026.
Finance costs rose significantly to ₹1.96 Cr from ₹0.81 Cr YoY, reflecting high leverage.

💡 Watch for the 34th Annual General Meeting (AGM) on September 24, 2026, for management commentary on debt reduction and the deployment of recently raised capital.

Richfield Financial reports zero deviation in utilization of ₹5.39 crore raised funds

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 12 Aug 2026, 04:22 PM

Richfield Financial Services has filed its Statement of Deviation or Variation for the quarter ended June 30, 2026. The company confirmed that there has been no deviation in the utilization of ₹5.39 crore raised through a preferential allotment of equity shares on March 10, 2026. The Audit Committee reviewed and approved this statement on August 12, 2026. This filing is a routine regulatory requirement to ensure transparency in how capital raised from investors is deployed.

Raised ₹5,39,00,000 (₹5.39 crore) through a preferential allotment of equity shares
Funds were officially allotted on March 10, 2026
Reported zero deviation or variation in the use of funds for the quarter ended June 30, 2026
Audit Committee reviewed the utilization statement on August 12, 2026

💡 Investors should monitor subsequent quarterly filings to ensure the capital continues to be deployed according to the original objects of the issue.

Richfield Financial Services Reports Zero Deviation in Rs 5.39 Cr Fund Utilization

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 12 Aug 2026, 03:59 PM

Richfield Financial Services (Market Cap: Rs 17 Cr) has approved its Q1 FY27 results and confirmed zero deviation in the utilization of Rs 5.39 crore raised via preferential allotment in March 2026. This fundraise is significant, representing approximately 31.7% of the company's current market capitalization. The company continues to operate with high leverage, evidenced by a debt-to-equity ratio of 4.72. The 34th Annual General Meeting is scheduled for September 24, 2026, where shareholders will review the FY26 performance.

Rs 5.39 crore raised through preferential allotment on March 10, 2026
Zero deviation reported in the utilization of these funds for the quarter ended June 30, 2026
34th Annual General Meeting (AGM) scheduled for September 24, 2026
Board meeting concluded within 45 minutes (02:45 PM to 03:30 PM)

💡 Monitor the detailed Q1 FY27 financial performance and the upcoming AGM on September 24 for updates on debt management and business strategy.

Richfield Financial confirms zero deviation in ₹5.39 Cr fund utilization; AGM on Sept 24

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 12 Aug 2026, 03:55 PM

Richfield Financial Services approved its Q1 FY27 results and scheduled its 34th Annual General Meeting for September 24, 2026. The company confirmed that the ₹5.39 Cr raised via preferential allotment on March 10, 2026, has seen zero deviation in utilization. This fundraise is significant, representing approximately 31.7% of the company's current ₹17 Cr market capitalization. Investors should remain cautious given the high debt-to-equity ratio of 4.72 and the recent drop in promoter holding from 47.5% to 37.1%.

Confirmed zero deviation in the utilization of ₹5.39 Cr raised through preferential allotment
34th Annual General Meeting (AGM) scheduled for September 24, 2026
Board approved unaudited financial results for the quarter ended June 30, 2026
Promoter holding stands at 37.13% as of March 2026, down from 47.52% in December 2025
Company carries a high debt of ₹67 Cr against a net worth of only ₹14 Cr

💡 Investors should examine the full Q1 FY27 financial results to see if the ₹5.39 Cr capital infusion has translated into improved operating margins or debt reduction.

Aug 12 Board Meeting to approve Q1 FY27 results and fix AGM date

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 04 Aug 2026, 06:01 PM

Richfield Financial Services has scheduled a board meeting on August 12, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The board will also finalize the date and notice for the Annual General Meeting (AGM) for FY 2025-26. This follows a fiscal year (FY26) where the company reported revenue of ‡12.2 Cr and a small profit of ‡0.35 Cr. Investors should note the company's high debt-to-equity ratio of 4.72 and the recent 10% drop in promoter holding as of March 2026.

Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results
Meeting will fix the day, date, and time for the FY 2025-26 Annual General Meeting
Trading window remains closed for designated persons until 48 hours after the announcement
Company reported a net loss of ‡0.16 Cr in the preceding quarter (March 2026)

💡 Monitor the Q1 FY27 results on August 12 to see if the company can return to profitability after the loss in the March 2026 quarter and manage its high debt levels.

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