Kapil Raj Finance Ltd (539679)
Latest quarterly results (Q1 FY27)
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Operating profit | ₹0.1 | — | — |
| Net profit | ₹0.1 | +525.0% | from loss |
| EPS (₹) | 0.01 | — | from loss |
📢 Recent Corporate Announcements
Kapil Raj Finance has issued a corrigendum to its AGM notice following observations from BSE and a revised valuation report. The preferential issue price has been revised upward from ₹2.24 to ₹2.26 per share (face value ₹1 plus premium of ₹1.26). This impacts a share-swap acquisition issue of 26.55 crore shares valued at ₹60.00 crore (to acquire 90% of a target company) and a cash preferential issue of 66.98 lakh shares valued at ₹1.51 crore. At ₹61.51 crore total, the planned issuance is massive compared to the company's current market cap of approximately ₹13 crore.
- Preferential issue price revised to ₹2.26 per share (including ₹1.26 premium) from ₹2.24 per share.
- Proposed share-swap issue of up to 26,54,87,700 shares for consideration other than cash aggregating to ₹60,00,02,202 to acquire 90% stake.
- Proposed preferential issue of 66,98,000 equity shares for cash consideration aggregating to ₹1,51,37,480.
- Total issuance consideration across both items stands at approximately ₹61.51 crore against a company market cap of ₹13 crore.
- Corrigendum issued after BSE observations and a revised valuation report dated October 08, 2026.
Novus Capital Advisors Private Limited, manager to the open offer for Kapil Raj Finance Ltd, has submitted a corrigendum to the public announcement originally dated September 21, 2026. The submission updates the detailed public statement regarding the ongoing open offer. Detailed revised pricing and volume terms were not readable in the truncated exchange clipping provided. Investors should look out for the complete letter of offer for updated terms and acquisition pricing.
- Manager to the Open Offer is Novus Capital Advisors Pvt Ltd
- Corrigendum relates to the initial Public Announcement dated September 21, 2026
- Update submitted to BSE on October 8, 2026
- Full updated open offer terms and tender pricing details are not disclosed in the filing extract
Acquirers Arpit Agarwal, Megha Agarwal, and Arpit Agarwal (HUF) have submitted a Draft Letter of Offer to acquire up to 9,92,12,282 equity shares of Kapil Raj Finance Ltd. The offer represents 26% of the total expanded voting equity share capital at a cash price of ₹2.24 per share, totaling up to approximately ₹22.22 crore. This open offer is triggered under SEBI SAST Regulations for acquiring control of the target NBFC. The proposed tendering period is slated to open on November 16, 2026, and close on November 30, 2026.
- Open offer to acquire up to 9,92,12,282 equity shares (26% voting share capital)
- Offer price set at ₹2.24 per equity share (face value ₹1 each)
- Total open offer size stands at approximately ₹22.22 crore
- Tendering period scheduled from November 16, 2026, to November 30, 2026
- Acquisition aims to obtain control of the target company under Regulations 3(1) and 4 of SEBI SAST
Novus Capital Advisors Private Limited has submitted a Detailed Public Statement regarding an open offer under SEBI SAST Regulations for Kapil Raj Finance Ltd. The filing follows Regulations 3(1) and 4 read with Regulations 13, 14, and 15(2), indicating an acquisition or change in control. Kapil Raj Finance currently has a market capitalization of approximately Rs 13 crore and TTM revenue of Rs 29 crore. The specific offer price, tender timeline, and size of the offer were not decipherable from the provided newspaper advertisement clipping.
- Manager to the Offer, Novus Capital Advisors, submitted the Detailed Public Statement on 28 September 2026
- Open offer triggered under SEBI (SAST) Regulations 3(1) and 4
- Company market capitalization stands at Rs 13 Cr against TTM net worth of Rs 14 Cr
- Specific offer price and acquirer details were not disclosed in the extract
Kapil Raj Finance Limited has published its Annual Report for FY 2025-26 and scheduled its 40th Annual General Meeting for October 21, 2026, via video conferencing. The standalone financial notes report a profit after tax of Rs 41.13 lakh for the year ended March 31, 2026, compared to a net loss of Rs 0.84 lakh in FY25. Total other expenses rose to Rs 21.54 lakh from Rs 15.76 lakh in FY25, while employee benefit expenses were Rs 3.95 lakh. The company also announced the proposed appointment of M/s SG Jain & Associates as statutory auditors for a 5-year term alongside recent board-level changes.
- Profit after taxation for FY26 stood at Rs 41.12670 lakh versus a loss of Rs 0.84100 lakh in FY25
- 40th Annual General Meeting scheduled for Wednesday, October 21, 2026, at 01:00 PM IST
- Remote e-voting period open from October 18, 2026 (09:00 AM) to October 20, 2026 (05:00 PM)
- Other expenses increased to Rs 21.53963 lakh for FY26 from Rs 15.75731 lakh in FY25
- Proposed appointment of M/s SG Jain & Associates as Statutory Auditors for a 5-year tenure
Kapil Raj Finance Limited has published its Annual Report for FY 2025-26 and scheduled its 40th Annual General Meeting for October 21, 2026, via video conferencing. The standalone financial notes report a profit after tax of Rs 41.13 lakh for the year ended March 31, 2026, compared to a net loss of Rs 0.84 lakh in FY25. Total other expenses rose to Rs 21.54 lakh from Rs 15.76 lakh in FY25, while employee benefit expenses were Rs 3.95 lakh. The company also announced the proposed appointment of M/s SG Jain & Associates as statutory auditors for a 5-year term alongside recent board-level changes.
- Profit after taxation for FY26 stood at Rs 41.12670 lakh versus a loss of Rs 0.84100 lakh in FY25
- 40th Annual General Meeting scheduled for Wednesday, October 21, 2026, at 01:00 PM IST
- Remote e-voting period open from October 18, 2026 (09:00 AM) to October 20, 2026 (05:00 PM)
- Other expenses increased to Rs 21.53963 lakh for FY26 from Rs 15.75731 lakh in FY25
- Proposed appointment of M/s SG Jain & Associates as Statutory Auditors for a 5-year tenure
Kapil Raj Finance has approved the acquisition of a 90% stake in Henyo Pack Limited through a share swap agreement. To fund this, the company will issue up to 26,54,87,700 equity shares of ₹1 face value at ₹2.24 per share (amounting to ~₹59.47 Cr) at a swap ratio of 100:1. The target entity operates in packaging and converted paper products and reported a turnover of ₹4,673.38 Lakhs (₹46.73 Cr) for FY25, which exceeds Kapil Raj's TTM revenue of ₹29 Cr. The board also approved issuing 66.98 lakh shares for cash to public non-promoters and proposed a corporate name change.
- Acquisition of 90% stake in Henyo Pack Limited via share swap of 100:1
- Issuance of up to 26,54,87,700 equity shares at ₹2.24 per share (worth ~₹59.47 Cr)
- Target Henyo Pack recorded FY25 turnover of ₹4,673.38 Lakhs (~₹46.73 Cr)
- Additional preferential issuance of 66,98,000 equity shares to public category for cash
- Authorized share capital proposed to increase from ₹11 Cr to ₹46 Cr
Kapil Raj Finance has approved the acquisition of a 90% stake in Henyo Pack Limited through a share swap agreement. To fund this, the company will issue up to 26,54,87,700 equity shares of ₹1 face value at ₹2.24 per share (amounting to ~₹59.47 Cr) at a swap ratio of 100:1. The target entity operates in packaging and converted paper products and reported a turnover of ₹4,673.38 Lakhs (₹46.73 Cr) for FY25, which exceeds Kapil Raj's TTM revenue of ₹29 Cr. The board also approved issuing 66.98 lakh shares for cash to public non-promoters and proposed a corporate name change.
- Acquisition of 90% stake in Henyo Pack Limited via share swap of 100:1
- Issuance of up to 26,54,87,700 equity shares at ₹2.24 per share (worth ~₹59.47 Cr)
- Target Henyo Pack recorded FY25 turnover of ₹4,673.38 Lakhs (~₹46.73 Cr)
- Additional preferential issuance of 66,98,000 equity shares to public category for cash
- Authorized share capital proposed to increase from ₹11 Cr to ₹46 Cr
Kapil Raj Finance has approved the acquisition of a 90% stake in Henyo Pack Limited through a share swap agreement. To fund this, the company will issue up to 26,54,87,700 equity shares of ₹1 face value at ₹2.24 per share (amounting to ~₹59.47 Cr) at a swap ratio of 100:1. The target entity operates in packaging and converted paper products and reported a turnover of ₹4,673.38 Lakhs (₹46.73 Cr) for FY25, which exceeds Kapil Raj's TTM revenue of ₹29 Cr. The board also approved issuing 66.98 lakh shares for cash to public non-promoters and proposed a corporate name change.
- Acquisition of 90% stake in Henyo Pack Limited via share swap of 100:1
- Issuance of up to 26,54,87,700 equity shares at ₹2.24 per share (worth ~₹59.47 Cr)
- Target Henyo Pack recorded FY25 turnover of ₹4,673.38 Lakhs (~₹46.73 Cr)
- Additional preferential issuance of 66,98,000 equity shares to public category for cash
- Authorized share capital proposed to increase from ₹11 Cr to ₹46 Cr
Kapil Raj Finance has approved acquiring a 90% stake in Henyo Pack Limited via a share swap agreement. To execute the deal, the company will issue up to 26,54,87,700 equity shares at ₹2.24 per share (worth ~₹59.47 crore) to Henyo's shareholders at a swap ratio of 100:1. In addition, it approved a preferential cash issue of 66,98,000 equity shares to public investors and plans to alter its object clause and company name to pivot into packaging. The target entity reported a turnover of ₹4,673.38 Lakhs (₹46.73 crore) for FY25, which is 1.6x Kapil Raj Finance's TTM revenue of ₹29 crore.
- Acquiring 90% equity stake (26,54,877 shares) of Henyo Pack Limited via share swap
- Issuing up to 26,54,87,700 equity shares at ₹2.24 per share to Henyo shareholders (swap ratio of 100:1)
- Preferential cash issue of 66,98,000 equity shares to Non-promoter Public category
- Target entity Henyo Pack reported turnover of ₹4,673.38 Lakhs as of March 31, 2025
- Authorised capital expanded from ₹11.00 Cr to ₹46.00 Cr, along with a proposed name and object clause change
Kapil Raj Finance has approved acquiring a 90% stake in Henyo Pack Limited via a share swap agreement. To execute the deal, the company will issue up to 26,54,87,700 equity shares at ₹2.24 per share (worth ~₹59.47 crore) to Henyo's shareholders at a swap ratio of 100:1. In addition, it approved a preferential cash issue of 66,98,000 equity shares to public investors and plans to alter its object clause and company name to pivot into packaging. The target entity reported a turnover of ₹4,673.38 Lakhs (₹46.73 crore) for FY25, which is 1.6x Kapil Raj Finance's TTM revenue of ₹29 crore.
- Acquiring 90% equity stake (26,54,877 shares) of Henyo Pack Limited via share swap
- Issuing up to 26,54,87,700 equity shares at ₹2.24 per share to Henyo shareholders (swap ratio of 100:1)
- Preferential cash issue of 66,98,000 equity shares to Non-promoter Public category
- Target entity Henyo Pack reported turnover of ₹4,673.38 Lakhs as of March 31, 2025
- Authorised capital expanded from ₹11.00 Cr to ₹46.00 Cr, along with a proposed name and object clause change
Kapil Raj Finance Limited announced changes to its Board of Directors effective August 26, 2026. The Board approved the appointment of Mr. Arun Kumar Pandey and Mr. Manoj Yadav as Non-Executive Non-Independent Additional Directors until the upcoming AGM. Concurrently, the Board took note of the resignations of Non-Executive Directors Mr. Punith D Puthran and Ms. Jalpa Kalpesh Darji effective August 26, 2026. The micro-cap NBFC has a market capitalization of approximately Rs 8 crore.
- Appointment of Mr. Arun Kumar Pandey as Additional Director (Non-Executive Non-Independent) effective August 26, 2026
- Appointment of Mr. Manoj Yadav as Additional Director (Non-Executive Non-Independent) effective August 26, 2026
- Resignation of Non-Executive Director Mr. Punith D Puthran effective August 26, 2026
- Resignation of Non-Executive Director Ms. Jalpa Kalpesh Darji effective August 26, 2026
Kapil Raj Finance Limited announced changes to its Board of Directors effective August 26, 2026. The company appointed Mr. Arun Kumar Pandey and Mr. Manoj Yadav as Additional Directors in the Non-Executive Non-Independent category until the next AGM. Concurrently, Non-Executive Directors Mr. Punith D Puthran and Ms. Jalpa Kalpesh Darji have resigned from the board effective August 26, 2026.
- Appointed Mr. Arun Kumar Pandey (DIN: 11856336) as Non-Executive Non-Independent Director effective August 26, 2026
- Appointed Mr. Manoj Yadav (DIN: 11853434) as Non-Executive Non-Independent Director effective August 26, 2026
- Noted resignation of Non-Executive Director Mr. Punith D Puthran effective August 26, 2026
- Noted resignation of Non-Executive Director Ms. Jalpa Kalpesh Darji effective August 26, 2026
Kapil Raj Finance reported a net profit of Rs 12.50 Lakhs for the quarter ended June 2026, a significant increase from Rs 2.12 Lakhs in the same quarter last year. Revenue from interest income doubled to Rs 20.00 Lakhs compared to Rs 10.00 Lakhs YoY. While the percentage growth is high, the absolute quarterly revenue of Rs 0.20 Cr is less than 1% of the TTM revenue of Rs 29 Cr, suggesting a major scale-down in operations. The board also approved shifting the registered office to Netaji Subhash Place, Delhi.
- Net profit increased to Rs 12.50 Lakhs in Q1 FY27 from Rs 2.12 Lakhs in Q1 FY26
- Interest income grew 100% YoY to Rs 20.00 Lakhs from Rs 10.00 Lakhs
- Total expenses were reduced to Rs 7.50 Lakhs from Rs 7.88 Lakhs YoY
- Company returned to profit after reporting a loss of Rs 7.26 Lakhs in the preceding March 2026 quarter
- Paid-up equity share capital remains stable at Rs 10.94 Cr
Kapil Raj Finance reported a Net Profit of Rs 12.50 Lakhs for Q1 FY27, a significant increase from Rs 2.12 Lakhs in the same quarter last year. Revenue from operations (interest income) doubled to Rs 20 Lakhs compared to Rs 10 Lakhs YoY. The company also achieved a turnaround from a loss of Rs 7.26 Lakhs in the preceding quarter (Q4 FY26). However, the current quarterly revenue of Rs 0.20 Cr is drastically lower than the TTM revenue of Rs 29 Cr, suggesting a major change in business scale.
- Net Profit increased to Rs 12.50 Lakhs in Q1 FY27 from Rs 2.12 Lakhs in Q1 FY26
- Total Revenue from operations doubled YoY to Rs 20.00 Lakhs
- Total Expenses were contained at Rs 7.50 Lakhs, down from Rs 7.88 Lakhs YoY
- Company reported a turnaround from a loss of Rs 7.26 Lakhs in the previous quarter ended March 2026
- Registered office shifted to Unit no 1018, 9th floor, Pearl Omaxe, Netaji Subhash Place, Delhi
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