The Motor & General Finance Limited (MOTOGENFIN)
📢 Recent Corporate Announcements
The Motor & General Finance Limited has submitted an intimation regarding the dispatch of letters containing weblinks and QR codes to access the Notice of its 96th Annual General Meeting (AGM) and the FY2025-26 Annual Report. This communication is specifically sent to shareholders who have not registered their email IDs with the company or depository participants. The 96th AGM is scheduled to take place on September 24, 2026, at 11:30 AM IST via video conferencing. This is a routine administrative compliance filing under SEBI LODR regulations.
- 96th Annual General Meeting scheduled for September 24, 2026, at 11:30 AM IST via video conferencing
- Notice of the AGM is dated August 11, 2026
- Weblink and QR code dispatched to shareholders without registered email addresses pursuant to Regulation 36(1)(b)
- Annual Report for Financial Year 2025-26 made available on the company and exchange websites
The Motor & General Finance Limited has submitted its Annual Report for FY26 and scheduled its 96th Annual General Meeting for September 24, 2026. The company reported standalone revenue of Rs 969.77 lakhs for FY26 and a net profit of Rs 14,351.26 lakhs, heavily augmented by an exceptional gain of Rs 16,007.16 lakhs from the sale of its Mohan Cooperative Industrial Estate property for Rs 18,146.58 lakhs. Following full debt repayment from the transaction proceeds, the company achieved debt-free status as of March 31, 2026. The Board recommended no dividend for FY26 in order to conserve liquidity for future operations.
- 96th AGM scheduled for September 24, 2026, via Video Conferencing
- Standalone FY26 revenue stood at Rs 969.77 lakhs versus Rs 992.74 lakhs in FY25
- Property sale to Haldiram Marketing realized Rs 18,146.58 lakhs with an exceptional gain of Rs 16,007.16 lakhs
- Company became completely debt-free as of March 31, 2026, after repaying all outstanding liabilities
- Zero dividend recommended by the Board for FY26 to conserve capital
The Motor & General Finance Limited has announced its 96th Annual General Meeting (AGM) and the associated book closure period. The book closure is scheduled from September 18, 2026, to September 24, 2026, for the purpose of the AGM. This is a procedural regulatory filing and does not contain new financial data or corporate actions like dividends. Investors should note the company's recent high PAT of ₹146 Cr against ₹8 Cr revenue, driven by asset monetization, which will likely be a key discussion point at the meeting.
- Book closure period starts on September 18, 2026, and ends on September 24, 2026
- The event marks the 96th Annual General Meeting of the company
- Company maintains a market capitalization of ₹101 Cr with a low P/E of 0.7
- TTM PAT stands at ₹146 Cr, significantly exceeding TTM revenue of ₹8 Cr due to property sales
The Motor & General Finance Limited has scheduled its 96th Annual General Meeting (AGM) for September 24, 2026. The board has proposed the re-appointment of Chairman and MD Rajiv Gupta (80 years old), who holds 45,53,730 equity shares. The auditor's report for the quarter ended June 30, 2026, noted that an associate company, India Lease Development Limited, failed to meet RBI's Principal Business Criteria as its financial assets were less than 50% of total assets. Furthermore, fair value adjustments for long-term investments have been deferred to the FY27 year-end audit.
- 96th Annual General Meeting to be held on September 24, 2026, via video conferencing.
- CMD Rajiv Gupta, aged 80, is seeking re-appointment; he has been associated with the leasing business since 1969.
- Associate company India Lease Development Ltd failed RBI's 50% financial asset criteria as of March 31, 2026, and June 30, 2026.
- CMD Rajiv Gupta holds 45,53,730 equity shares of face value Rs 5 each as of March 31, 2026.
- Fair value changes in long-term investments were not recorded in the Q1 results, deferred to the March 31, 2027, audited accounts.
The Motor & General Finance Limited (MGF) approved its Q1 FY27 financial results and scheduled its 96th Annual General Meeting for September 24, 2026. The board recommended the re-appointment of 80-year-old CMD Rajiv Gupta, who holds 45.53 lakh shares. A key auditor observation noted that associate company India Lease Development Ltd failed to meet RBI's Principal Business Criteria, with financial assets falling below 50% of total assets. Additionally, the company has deferred fair value adjustments for long-term investments until the FY27 year-end audit.
- 96th Annual General Meeting scheduled for September 24, 2026, via video conferencing.
- CMD Rajiv Gupta (80 years old) re-appointed, holding 45,53,730 equity shares as of March 31, 2026.
- Associate company India Lease Development Ltd failed RBI Principal Business Criteria (Financial Assets < 50% of Total Assets).
- Fair value changes for long-term investments deferred to the audited accounts for the year ending March 31, 2027.
- Internal Auditor Sudhir Kumar Agarwal re-appointed for the financial year 2026-2027.
The Motor & General Finance Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that physical share certificates received for dematerialization during the quarter ended June 30, 2026, were processed, cancelled, and substituted with the depository's name. This is a standard administrative procedure for listed companies. Financially, the company remains small with a TTM revenue of Rs 8 Cr, though it reported a high TTM PAT of Rs 146 Cr due to asset monetization.
- Compliance certificate issued for the quarter ended June 30, 2026.
- Registrar Alankit Assignments Limited confirmed the processing of dematerialization requests.
- Physical certificates were mutilated and cancelled as per SEBI guidelines.
- Company maintains a high promoter holding of 69.6% as of March 2026.
The Motor & General Finance Limited (MOTOGENFIN) has notified the exchanges regarding the closure of its trading window effective July 1, 2026. This action is taken in accordance with SEBI (Prohibition of Insider Trading) Regulations for the upcoming Q1 results for the period ending June 30, 2026. The window will remain closed for all designated persons and their immediate relatives. It is scheduled to reopen 48 hours after the financial results are officially declared to the public.
- Trading window closure starts from Wednesday, July 1, 2026
- Closure is related to the Unaudited Financial Results for the quarter ending June 30, 2026
- Restriction applies to Directors, Promoters, and Designated Persons
- Window opens 48 hours post-announcement of Standalone and Consolidated results
The Motor & General Finance Limited (MOTOGENFIN) has filed its annual disclosure under Regulation 31(4) of SEBI (SAST) Regulations. Promoter Rajiv Gupta, representing the promoter group and persons acting in concert, declared that no shares were encumbered or pledged, directly or indirectly, as of March 31, 2026. The company confirmed it received no intimations of share pledges throughout the financial year. This routine filing ensures transparency regarding the status of promoter holdings.
- Annual compliance disclosure submitted under Regulation 31(4) of SEBI (SAST) Regulations, 2011.
- Promoter Rajiv Gupta confirmed zero encumbrances on shares held by the promoter group as of March 31, 2026.
- The declaration covers the entire financial year ending March 2026, indicating no new pledges were created.
- The company verified that no intimations regarding share pledging were received from any promoters or persons acting in concert.
The Motor & General Finance Limited reported a massive surge in consolidated net profit to ₹14,678.35 Lakhs for FY26, compared to ₹79.66 Lakhs in FY25. This exponential growth is primarily due to a one-time exceptional gain of ₹16,061.46 Lakhs, largely from the sale of an investment property worth ₹16,007.16 Lakhs. Operational revenue remained flat, showing a slight decline to ₹684.21 Lakhs from ₹697.17 Lakhs year-on-year. Consequently, the EPS rose sharply to ₹37.90 from ₹0.21, though the underlying core business performance remains modest.
- Consolidated Net Profit surged to ₹14,678.35 Lakhs in FY26 from ₹79.66 Lakhs in FY25.
- Recorded a massive exceptional gain of ₹16,061.46 Lakhs, including ₹16,007.16 Lakhs from a property sale.
- Revenue from operations marginally declined by 1.86% to ₹684.21 Lakhs for the full year.
- Basic and Diluted EPS increased significantly to ₹37.90 per share from ₹0.21 YoY.
- Jayabharat Credit Limited ceased to be an associate company following a strategic stake sale.
The Motor & General Finance Limited reported a significant jump in net profit for FY26 to ₹14,351.26 Lakhs, compared to just ₹118.55 Lakhs in FY25. This surge is primarily driven by a net exceptional gain of ₹15,758.22 Lakhs, largely from the sale of an investment property worth ₹16,007.16 Lakhs. However, the company's core operations showed a loss of ₹50.96 Lakhs before exceptional items, as total income marginally declined to ₹969.77 Lakhs. The company also exited its associate, Jayabharat Credit Limited, during the fiscal year.
- Net Profit for FY26 skyrocketed to ₹143.51 Crore from ₹1.19 Crore in the previous year.
- Realized a massive exceptional gain of ₹160.07 Crore from the sale of an investment property.
- Reported an operational loss of ₹50.96 Lakhs before tax and exceptional items for FY26.
- Earnings Per Share (EPS) jumped to ₹37.06 from ₹0.31 year-on-year.
- Total income for the year decreased by 2.3% to ₹9.70 Crore compared to ₹9.93 Crore in FY25.
The Motor & General Finance Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Alankit Assignments Limited, confirms the processing of dematerialization requests for the quarter ended March 31, 2026. It verifies that physical share certificates were duly mutilated, cancelled, and replaced by electronic records in the depository. This is a standard administrative filing required for all listed companies to ensure the integrity of shareholding records.
- Compliance certificate submitted for the quarter ended March 31, 2026.
- Issued by the Registrar and Transfer Agent (RTA), Alankit Assignments Limited.
- Confirms that physical equity shares received for dematerialization have been processed and cancelled.
- Ensures the depository's name is substituted in the company's records as the registered owner of the dematerialized shares.
The Motor & General Finance Limited has finalized the sale of its land and building located at A-30, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi. The execution of the sale agreement took place on March 30, 2026, following a board resolution passed on November 12, 2025. The company has confirmed that the entire sale consideration has been received. This asset monetization is expected to strengthen the company's liquidity and cash reserves.
- Sale agreement executed for property at A-30, Mohan Co-operative Industrial Estate, New Delhi
- The company has successfully received the full amount towards the sale consideration
- The transaction follows the board's authorization granted to Executive Director Arun Mitter in November 2025
- Monetization of non-core real estate assets to improve the company's financial position
The Motor & General Finance Limited has announced the closure of its trading window starting April 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is ahead of the announcement of the audited standalone and consolidated financial results for the quarter and year ending March 31, 2026. The window will remain closed for all directors, promoters, and designated persons until 48 hours after the results are made public. The specific date for the board meeting to approve these results will be communicated at a later date.
- Trading window closure begins on Wednesday, April 1, 2026.
- Closure pertains to the financial results for the quarter and year ending March 31, 2026.
- Restriction applies to all Directors, Promoters, Connected & Designated Persons, and their immediate relatives.
- The window will reopen 48 hours after the official announcement of audited financial results.
- Board meeting date for result approval is yet to be finalized and will be intimated in due course.
The Motor & General Finance Limited reported a net loss of ₹2.95 Lakhs for the quarter ended December 31, 2025, a reversal from a profit of ₹17.16 Lakhs in the previous year's quarter. Total income for the quarter declined to ₹215.23 Lakhs from ₹247.36 Lakhs year-on-year. The nine-month performance was significantly impacted by a ₹248.95 Lakhs loss on the sale of equity shares in its associate company, Jayabharat Credit Limited, which has now ceased to be an associate. Consequently, the company posted a net loss of ₹183.78 Lakhs for the nine-month period compared to a profit of ₹80.31 Lakhs in the prior year.
- Net loss of ₹2.95 Lakhs in Q3 FY26 vs a profit of ₹17.16 Lakhs in Q3 FY25.
- Total income for Q3 FY26 decreased by 13% YoY to ₹215.23 Lakhs.
- Nine-month loss of ₹183.78 Lakhs driven by a ₹248.95 Lakhs loss on sale of investment in Jayabharat Credit Limited.
- Revenue from operations for 9M FY26 stood at ₹509.87 Lakhs, down from ₹522.88 Lakhs YoY.
- EPS for 9M FY26 turned negative at (₹0.47) compared to ₹0.21 in the previous year.
The Motor & General Finance Limited reported a standalone net loss of ₹2.95 Lakhs for the quarter ended December 31, 2025, a sharp decline from a profit of ₹17.16 Lakhs in the previous year's corresponding quarter. Total income for the quarter also decreased to ₹215.23 Lakhs from ₹247.36 Lakhs year-on-year. The nine-month performance was significantly impacted by a ₹248.95 Lakhs loss on the sale of its stake in associate company Jayabharat Credit Limited, which has now ceased to be an associate. Despite a one-time enhancement compensation of ₹42.00 Lakhs, the company remains in a loss-making position for the fiscal year to date.
- Standalone Revenue from Operations declined 6.3% YoY to ₹163.22 Lakhs in Q3 FY26.
- Net loss for Q3 FY26 stood at ₹2.95 Lakhs compared to a profit of ₹17.16 Lakhs in Q3 FY25.
- Nine-month (9M) net loss reached ₹183.78 Lakhs, primarily due to a ₹248.95 Lakhs loss on investment sales.
- Other expenses for 9M FY26 surged to ₹641.31 Lakhs from ₹379.86 Lakhs in the previous year.
- Jayabharat Credit Limited ceased to be an associate company following the sale of equity shares during the period.
Financial Performance
Revenue Growth by Segment
The company operates in a single primary segment: 'Rental/leasing/sale of Immovable Property'. Consolidated revenue from sale of services grew 12.38% YoY to INR 697.17 lakhs in FY25 from INR 620.36 lakhs in FY24. Standalone revenue for H1 FY26 was INR 346.65 lakhs, a slight decrease of 0.55% compared to INR 348.58 lakhs in H1 FY25.
Geographic Revenue Split
Not disclosed in available documents, though the company is headquartered in New Delhi and holds significant property assets in the Delhi/NCR region, including Mohan Co-operative Industrial Estate.
Profitability Margins
Consolidated Net Profit Margin for FY25 was 8.02% (INR 79.66 lakhs profit on INR 992.74 lakhs total income). Standalone operations for H1 FY26 reported a net loss of INR 180.83 lakhs, primarily due to a 111.8% spike in 'Other Expenses' to INR 511.65 lakhs compared to INR 241.54 lakhs in H1 FY25.
EBITDA Margin
Consolidated Profit before Exceptional Items and Tax was INR 83.33 lakhs in FY25, a 31.04% decrease from INR 120.84 lakhs in FY24. Standalone H1 FY26 EBITDA was negative due to the reported loss before tax of INR 180.83 lakhs.
Capital Expenditure
Not disclosed in available documents; however, the company maintains significant Investment Property valued at INR 11,356.16 lakhs and Property, Plant & Equipment (PPE) at INR 6,174.53 lakhs as of September 30, 2025.
Credit Rating & Borrowing
Consolidated finance costs decreased by 52.3% YoY to INR 19.91 lakhs in FY25 from INR 41.72 lakhs in FY24, indicating a reduction in debt or lower borrowing costs. Standalone borrowings as of September 30, 2025, totaled INR 233.49 lakhs (INR 229.23 lakhs current and INR 4.26 lakhs non-current).
Operational Drivers
Raw Materials
Not applicable as the company is engaged in real estate rental and leasing. Major operational costs include Employee Benefits (INR 246.84 lakhs in FY25, representing 24.8% of total income) and Depreciation (INR 112.61 lakhs in FY25).
Import Sources
Not applicable for the service-based rental/leasing business model.
Capacity Expansion
The company is currently focused on asset monetization rather than expansion, having approved the execution of an Agreement to Sell for its Land and Building at A-30, Mohan Co-operative Industrial Estate, New Delhi, to Haldiram Marketing Private Limited in November 2025.
Raw Material Costs
Not applicable. Operational focus is on property maintenance and administrative overheads.
Manufacturing Efficiency
Not applicable. Efficiency is measured by property utilization and rental yields.
Strategic Growth
Expected Growth Rate
12.40%
Growth Strategy
The company is pursuing a strategy of asset monetization and optimization of its rental portfolio. A key milestone is the sale of the Mohan Co-operative Industrial Estate property to Haldiram Marketing Private Limited, which will provide a significant cash influx. Growth is also supported by its associate company, Jayabharat Credit Limited, which contributed INR 3.67 lakhs to consolidated profits in FY25.
Products & Services
Rental services, leasing of commercial and industrial buildings, and sale of immovable property.
Brand Portfolio
MGF (Motor & General Finance Limited).
Market Expansion
The company is focused on the Delhi/NCR real estate market, with no specific plans for geographic expansion disclosed.
Market Share & Ranking
Not disclosed in available documents; however, it is noted as one of the oldest finance companies in India, incorporated in 1930.
Strategic Alliances
Maintains a significant associate relationship with Jayabharat Credit Limited.
External Factors
Industry Trends
The real estate leasing industry is seeing a shift toward asset monetization and consolidation. MGF is positioning itself by liquidating large industrial assets to potentially pivot or strengthen its balance sheet.
Competitive Landscape
Competes with other commercial real estate developers and leasing firms in the Delhi/NCR region.
Competitive Moat
The company's moat is built on its long-standing history (since 1930) and ownership of prime real estate assets in established industrial hubs. This cost-leadership in asset acquisition (historical cost) provides a sustainable advantage in rental yields.
Macro Economic Sensitivity
Highly sensitive to real estate market cycles, interest rate fluctuations affecting property valuations, and commercial demand in the Delhi/NCR region.
Consumer Behavior
Demand for industrial and commercial space is driven by the expansion of retail and marketing firms, as evidenced by the sale to Haldiram Marketing.
Geopolitical Risks
Low direct impact as operations are localized to Indian real estate.
Regulatory & Governance
Industry Regulations
Operations are governed by the Companies Act, 2013 and Indian Accounting Standards (Ind AS). Property transactions are subject to local land use and industrial estate regulations.
Taxation Policy Impact
The company reported no current tax expense for H1 FY26 due to standalone losses. Deferred tax assets stood at INR 0.84 lakhs as of September 2025.
Legal Contingencies
The company stated it had no long-term contracts, including derivative contracts, with material foreseeable losses as of March 31, 2025.
Risk Analysis
Key Uncertainties
The primary uncertainty is the impact of large-scale asset sales on long-term recurring revenue. The 111.8% increase in standalone expenses in H1 FY26 also presents a risk to short-term profitability.
Geographic Concentration Risk
High concentration in the Delhi/NCR region, making revenue highly dependent on the local economic climate.
Third Party Dependencies
Dependency on major lessees and buyers like Haldiram Marketing Private Limited for significant cash flow events.
Technology Obsolescence Risk
Low risk given the nature of the real estate business, though digital transformation in property management is an ongoing industry trend.
Credit & Counterparty Risk
Standalone trade receivables were INR 35.09 lakhs as of September 30, 2025, representing a small fraction (0.2%) of total assets, indicating low immediate credit risk.
