Smart Finsec Ltd (539494)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Smart Finsec's net interest income was ₹0.2 Cr (-62.8% year on year, -58.3% on the previous quarter), and net profit ₹0.4 Cr (+53.2% year on year).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹0.2 | -62.8% | -58.3% |
| Operating profit | ₹0.5 | — | — |
| Net profit | ₹0.4 | +53.2% | +152.3% |
| EPS (₹) | 0.14 | +55.6% | +133.3% |
📢 Recent Corporate Announcements
Smart Finsec Limited has executed a loan agreement to borrow up to ₹15.60 Crores from Bajaj Housing Finance Limited. The facility is a Loan Against Property (LAP) secured by the company's property in Gurugram, carrying a floating interest rate of 8.75% per annum for a tenure of up to 144 months (12 years). The borrowing represents roughly 65% of the company's ₹24 Crore market cap and nearly 92% of its ₹17 Crore net worth. The funds are earmarked for business expansion, substantially increasing the company's financial leverage.
- Executed loan facility of up to ₹15.60 Crores from Bajaj Housing Finance Limited
- Carries a floating interest rate of 8.75% per annum
- Loan tenure is set for a maximum period of 144 months (12 years)
- Secured by first charge over property located at B-10/13 DLF Phase 1, Gurugram
- Purpose stated as business expansion; outstanding amount was Nil as of agreement date
Smart Finsec's Board approved availing a Loan Against Property (LAP) facility of ₹15.60 crore from Bajaj Housing Finance Limited (BHFL) for business expansion. The facility carries a floating interest rate of 8.75% per annum with a repayment tenure of up to 144 months (12 years). This borrowing is highly material relative to the company's size, representing nearly 92% of its net worth (₹17 crore) and 65% of its market capitalization (₹24 crore). The loan is secured by a first charge on the company's property located at DLF Phase 1, Gurugram.
- Approved ₹15.60 crore Loan Against Property (LAP) facility from Bajaj Housing Finance Limited
- Floating interest rate of 8.75% p.a. with a maximum tenure of 144 months (12 years)
- Facility earmarked for business expansion, representing ~7.8x TTM revenue of ₹2 crore
- Secured via first charge on company property at B-10/13 DLF Phase 1, Gurugram
Smart Finsec Limited announced that Axis Bank has issued a release letter discharging the company's corporate guarantee. The guarantee had previously been issued to support credit facilities availed by Smart Equity Brokers Private Limited as per earlier disclosures dated March 25, 2025, and January 16, 2026. Following this release, Smart Finsec's contingent obligations under the corporate guarantee have fully ceased, although the underlying borrower's credit facility remains active. This reduces contingent liability risks for Smart Finsec, which has a net worth of Rs 17 Cr and market cap of Rs 24 Cr.
- Corporate guarantee in favour of Axis Bank Limited released on October 06, 2026
- Release pertains to credit facilities originally guaranteed via letters dated March 25, 2025 and January 16, 2026
- Obligation of Smart Finsec Limited under the guarantee has ceased, removing the contingent liability
- Underlying credit facility for Smart Equity Brokers Private Limited continues to remain in force
Smart Finsec Limited announced that Axis Bank has issued a release letter discharging the company's corporate guarantee. The guarantee had previously been issued to support credit facilities availed by Smart Equity Brokers Private Limited as per earlier disclosures dated March 25, 2025, and January 16, 2026. Following this release, Smart Finsec's contingent obligations under the corporate guarantee have fully ceased, although the underlying borrower's credit facility remains active. This reduces contingent liability risks for Smart Finsec, which has a net worth of Rs 17 Cr and market cap of Rs 24 Cr.
- Corporate guarantee in favour of Axis Bank Limited released on October 06, 2026
- Release pertains to credit facilities originally guaranteed via letters dated March 25, 2025 and January 16, 2026
- Obligation of Smart Finsec Limited under the guarantee has ceased, removing the contingent liability
- Underlying credit facility for Smart Equity Brokers Private Limited continues to remain in force
Smart Finsec Limited has scheduled its 31st Annual General Meeting (AGM) for Monday, September 21, 2026, at 11:30 AM via Video Conferencing. The company has fixed September 14, 2026, as the cut-off date to determine member eligibility for electronic voting. The Register of Members and Share Transfer Books will remain closed from September 15, 2026, to September 21, 2026, for AGM purposes.
- 31st Annual General Meeting scheduled for September 21, 2026, at 11:30 AM IST
- Cut-off date for e-voting eligibility fixed as September 14, 2026
- Book closure period set from September 15, 2026, to September 21, 2026 (both days inclusive)
Smart Finsec Limited has released its Annual Report for FY 2025-26 and scheduled its 31st Annual General Meeting for September 21, 2026. Among the key special resolutions, the company is seeking shareholder approval to increase its borrowing limits under Section 180(1)(c) up to ₹100 crore, along with powers to create charges on company assets up to the same amount. For FY26, the company reported a net profit after tax of ₹97.67 lakh compared to ₹1.17 crore in FY25.
- 31st Annual General Meeting scheduled for September 21, 2026 via Video Conferencing.
- Proposed special resolution to increase borrowing limit under Section 180(1)(c) up to ₹100 crore.
- Proposed creation of security/charges under Section 180(1)(a) up to ₹100 crore.
- Profit after tax for FY 2025-26 reported at ₹97.67 lakh compared to ₹1.17 crore in FY 2024-25.
Smart Finsec Ltd has scheduled its 31st Annual General Meeting (AGM) for Monday, September 21, 2026, via Video Conferencing. Key ordinary agenda items include adopting the FY26 audited financial statements and the re-appointment of Director Ms. Vimmi Sachdev. The company is also seeking shareholder approval via special resolutions to increase its borrowing limit and asset encumbrance authority up to Rs 100 crore under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013. The cut-off date for e-voting eligibility is September 14, 2026.
- 31st AGM scheduled for September 21, 2026 at 11:30 AM IST via VC/OAVM
- Special resolution proposed to raise borrowing limits up to Rs 100 crore under Section 180(1)(c)
- Special resolution proposed for asset charge creation up to Rs 100 crore under Section 180(1)(a)
- Remote e-voting window runs from September 18, 2026 (9:00 AM IST) to September 20, 2026 (5:00 PM IST)
- Cut-off date for voting eligibility set as September 14, 2026; book closure from September 15 to September 21, 2026
Smart Finsec Ltd's Board has approved seeking shareholder approval at the upcoming 31st Annual General Meeting (AGM) to increase borrowing limits under Section 180(1)(c) and create charges under Section 180(1)(a). The specific enhanced borrowing limit amount was not disclosed in the filing. The 31st AGM is scheduled for September 21, 2026, with the cut-off date for e-voting set as September 14, 2026. Share transfer books will remain closed from September 15 to September 21, 2026.
- Board approved increasing borrowing limits under Section 180(1)(c), subject to AGM approval (amount not disclosed)
- 31st AGM scheduled for Monday, September 21, 2026, at 11:30 AM via video conferencing
- Cut-off date for remote e-voting eligibility fixed as Monday, September 14, 2026
- Register of members and share transfer books closed from September 15, 2026, to September 21, 2026
Smart Finsec Ltd has approved its unaudited standalone financial results for the quarter ended June 30, 2026. The company is a micro-cap NBFC with a market capitalization of approximately Rs 24 Cr and a TTM revenue of Rs 2 Cr. While the specific P&L figures were not detailed in this cover letter, the company has historically maintained quarterly revenues between Rs 0.41 Cr and Rs 0.55 Cr. The promoter holding remains high and stable at 74.99%.
- Board meeting held on August 12, 2026, to approve results for the quarter ended June 30, 2026
- The board meeting commenced at 4:00 pm and concluded at 4:50 pm
- Unaudited results were accompanied by a Limited Review Report from statutory auditors
- Company maintains a high promoter holding of 74.99% as of June 2026
Smart Finsec Ltd held its board meeting on August 12, 2026, to approve the standalone financial results for the quarter ended June 30, 2026. The company is a micro-cap NBFC with a market capitalization of approximately ₹24 crore and a TTM revenue of ₹2 crore. While the specific P&L figures for the June quarter were not detailed in the text extract, the company previously reported a net profit of ₹0.17 crore in the March 2026 quarter. The meeting was brief, concluding within 50 minutes.
- Board approved unaudited standalone financial results for the quarter ended June 30, 2026
- The board meeting was conducted in 50 minutes, starting at 4:00 pm and concluding at 4:50 pm
- Company maintains a high promoter holding of 74.99% as of the June 2026 quarter
- TTM revenue stands at ₹2 crore against a net worth of ₹17 crore
Smart Finsec Ltd has scheduled a board meeting for August 12, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The company is a micro-cap NBFC with a market capitalization of Rs 23 Cr and a TTM revenue of Rs 2 Cr. The trading window for insiders has been closed since July 01, 2026, and will remain so until 48 hours after the results are declared. This is a routine regulatory filing ahead of the earnings announcement.
- Board meeting scheduled for August 12, 2026, at 4:00 PM to review Q1 FY27 results.
- Trading window for dealing in securities has been closed since July 01, 2026.
- Company reported a TTM revenue of Rs 2 Cr and TTM PAT of Rs 1 Cr.
- Promoter holding remains stable at 74.99% as of June 2026.
- Stock has experienced a 39.9% price decline over the last 12 months.
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