Paragon Finance Ltd

Key quarterly numbers

• Total income from operations (net) for Q1 2026-27: 432.95.
• Profit from ordinary activities: 400.24.
• Net profit for the period: 336.74.
• EPS (basic and diluted): Rs 7.92.
• Total comprehensive income: 380.79; OCI: 44.05.
• No separate reportable segment as per Ind AS-108.
• Board approved results; limited review conducted.
• Limited review completed; no material misstatement observed.

Dematerialisation status

• Dematerialisation requests received in the quarter were duly verified and confirmed to the depositories.
• Dematerialised securities have been listed on the exchanges where the earlier securities were listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository’s name substituted as registered owner.

Promoter/DP holding update

• Post-acquisition stake: 2,77,063 shares (6.52%).
• Pre-acquisition holding: 2,52,378 shares (5.94%).
• Acquired 24,685 shares via on-market stock exchange purchase.
• Acquisition value: Rs 11,96,126.62.
• Acquisition window: 02.06.2026–30.06.2026; intimation: 01.07.2026.
• Mode: On-market stock exchange purchase.
• Form C filed under SEBI insider trading regulations.
• Entity: Saharsh Estates LLP, LLPIN AAM-3579; PAN ADQFS2655C.

Secretarial Auditor Changes

• Board approved discontinuation of Mrs. Rupal Patel as Secretarial Auditor
• Board appointed Mr. Altab Kazi as new Secretarial Auditor to fill casual vacancy

📍 Meeting Details

• Board meeting scheduled for 19th March 2026 at 1:00 PM at registered office, Kolkata.

📍 Key Agenda Items

• Consider discontinuation of Mrs. Rupal Patel as Secretarial Auditor.
• Consider appointment of Mr. Altab Uddin Kazi as Secretarial Auditor for FY 2025-26.

Financial Performance 📊

• Q3 FY26 revenue from operations rose 78% QoQ to Rs 261.63 lakh, up from Rs 14.68 lakh YoY.
• Interest income declined 12% QoQ and YoY to Rs 27.59 lakh.
• Net gain on fair value changes surged to Rs 62.49 lakh from negative Rs 16.33 lakh last quarter.
• Other income increased 27% QoQ to Rs 170.61 lakh, up from Rs 37.05 lakh YoY.
• Total expenses fell 36% QoQ to Rs 42.24 lakh but rose 2% YoY.
• Net profit rose 221% QoQ to Rs 180.39 lakh, recovering from a loss of Rs 30.08 lakh YoY.
• Basic and diluted EPS stood at Rs 4.24 versus Rs 1.32 last quarter and negative Rs 0.71 last year.

Expenses & Other Items

• Employee benefits expense declined 27% QoQ to Rs 27.29 lakh and was down 28% YoY.
• Depreciation expense stable QoQ at Rs 5.92 lakh but increased significantly YoY.
• Impairment of financial instruments showed a reversal of Rs 4.28 lakh this quarter versus a charge last year.
• Profit from ordinary activities surged 158% QoQ to Rs 219.39 lakh, turning positive YoY from a loss.
• Other comprehensive income was negative Rs 39.61 lakh this quarter versus negative Rs 8.74 lakh last quarter.
• Total comprehensive income improved to Rs 140.78 lakh from Rs 47.53 lakh last quarter but declined YoY.

Corporate & Governance

• Paid-up equity capital remained unchanged at Rs 425 lakh.
• Financial results reviewed by Audit Committee and Board; limited review by statutory auditors with no qualifications.
• Results prepared under Ind AS; no separate reportable segments as per Ind AS-108.
• Deferred tax asset/liability to be created at year-end.

Financial Performance

• Board approved unaudited standalone financial results for Q3 ended December 31, 2025.
• Total income from operations was Rs. 261.63 lakhs; net profit was Rs. 180.39 lakhs for Q3.
• Earnings per share (basic and diluted) for Q3 were Rs. 4.24.
• Total comprehensive income for Q3 was Rs. 140.78 lakhs.
• Financial results prepared as per Indian Accounting Standards (Ind AS).

Auditor Review ️

• Statutory auditors conducted a limited review of Q3 financial results.
• Auditor's report contained no material misstatements or qualifications.