Tirupati Finlease Ltd

Tirupati Finlease Ltd: Trading Window closed from 01 October 2026; shall be opened after passing of 48 hours of conclusion of the Board Meeting approving unaudited financial results for the quarter and half year ended 30 September 2026.

AGM details

• AGM held 08 Aug 2026, 2:30 PM, physical mode; e-voting 05–07 Aug; record date 01 Aug.

Key resolutions

• Resolution 1: adopt Audited Financial Statements for year ended 31 March 2026.
• Resolution 2: re-appoint Pushpadevi Bajranglal Agarwal as Whole-Time Director.
• Resolution 3: appoint Statutory Auditor to fill casual vacancy.
• Resolution 4: approve Statutory Auditor for five-year term.

Voting results

• Resolution 1 passed unanimously; all valid votes in favor.
• Resolution 2 passed unanimously; all valid votes in favor.
• Resolution 3 passed unanimously; all valid votes in favor.
• Resolution 4 passed unanimously; all valid votes in favor.

Directors

• Whole-Time Director Agarwal re-appointed; retires by rotation.

Auditors

• Auditor appointed to fill casual vacancy; approved for five-year term.

Dividend

• No dividend proposed or declared.

Related party & other approvals

• No material related party transactions disclosed.

AGM details

• 33rd AGM held on 8 August 2026 at 2:30 PM at registered office, Ahmedabad.
• Meeting concluded at 2:37 PM; quorum of 10 attended; chair was Mr. Bajranglal Agarwal.
• Remote e-voting facility provided; voting results to be announced separately.

Resolutions

• Adopt Audited Financial Statement for the year ended 31 March 2026 and reports.
• Re-appoint Pushpadevi Bajranglal Agarwal as Whole Time Director, retired by rotation.
• Appoint Statutory Auditor to fill casual vacancy.
• Approve Statutory Auditor for five-year term.

Voting results

• Voting results not disclosed in the filing; to be submitted separately.

Dividend

• No dividend proposal reported.

Director changes

• Re-appointment of Pushpadevi Bajranglal Agarwal as Whole Time Director; retirement by rotation.

Auditor appointments

• Statutory Auditor appointed to fill casual vacancy.
• Statutory Auditor approved for five-year term.

Financial snapshot

• Revenue from operations: Rs 16.661 million for FY26.
• Other income: Rs 3.620 million.
• Total revenue: Rs 20.281 million.
• Profit before tax: Rs 5.697 million.
• Tax expense: Rs 0.856 million.
• Net profit after tax (continuing ops): Rs 4.835 million.
• Basic EPS: Rs 1.61.

Profitability

• PAT Rs 4.835 million vs Rs 6.630 million prior year.
• PAT margin about 24% of total revenue.
• Dividend for the year not recommended.

Capital structure & liquidity

• Long-term borrowings Rs 97.727 million; prior Rs 50.008 million.
• Net debt Rs 97.628 million; equity Rs 59.533 million.
• Gearing ratio 62.12%.

Balance sheet highlights

• Total assets Rs 166.94 million; current assets Rs 165.88 million.
• PPE net value Rs 1.059 million.
• Current investments Rs 56.909 million; trade receivables Rs 100.355 million.
• Share capital Rs 30.042 million; reserves Rs 29.491 million.

Cash flows

• Operating cash flow: net cash used in operations around Rs 33.44 million.
• Financing activities: net inflow Rs 47.47 million.
• Net decrease in cash and cash equivalents Rs 0.497 million; year-end cash Rs 0.0999 million.

Related party transactions

• Related parties include Tirupati Capital Rise Investment Pvt Ltd and KMP personnel.
• Year-end related party borrowings: Rs 97.727 million.
• Related party transactions disclosed on company website.

Audit & governance

• ADA & Associates appointed to fill casual auditor vacancy; subject to AGM approval.
• Five-year tenor proposed for ADA & Associates; remuneration to be set by Board.
• Secretarial audit note: non-publication of results in newspapers; corrective action taken.

Management discussion & risk

• NBFC sector faces regulatory environment under RBI's Scale Based Regulation.
• Company emphasizes prudent investment, liquidity management, and capital preservation.
• Risks include market fluctuations, macro conditions, regulatory changes, and investor sentiment.

AGM & notice highlights

• 33rd AGM: 8 August 2026, 2:30 PM, at registered office.
• Remote e-voting: 5-7 August 2026; Purva Sharegistry; cutoff 1 August 2026.
• Ordinary business and Special business items proposed in AGM notice.

Financial results

• Total income for Q1 FY27: 72.10 lakh.
• Revenue from operations: 42.89 lakh in Q1 FY27.
• Other income: 29.21 lakh.
• Net gain on fair value changes: 21.71 lakh.
• Sale of securities: 20.98 lakh.
• Total expenses: 19.91 lakh.
• Net profit after tax: 52.19 lakh.
• Earnings per share: Basic/Diluted 1.74 Rs.
• Paid-up equity share capital: Rs 3.0042 crore.
• Reserves excluding revaluation: 0.00.
• Auditor status: Limited Review; conclusion not modified.
• Standalone, single-segment results; unaudited.

Financial results

• Unaudited financial results approved; net PAT Rs 52.19 lakhs; Limited Review Report included.

Governance and AGM actions

• Internal Auditor appointed for FY2026-27.
• Notice of 33rd AGM and related reports approved.
• AGM date fixed for 8 Aug 2026 at 02:30 PM.
• Book closure 2–8 Aug 2026 (inclusive).
• Purva Sharegistry India Pvt Ltd appointed for E-voting.
• E-voting window: 5 Aug 2026, 09:00 to 7 Aug 2025, 17:00.
• Scrutinizer appointed: M/s. Jignesh Dudhat & Associates.
• Directors’ Report, MD&A, Secretarial Audit, Corporate Governance Certificate, and Non-Disqualification Certificate approved.

Meeting Details

• Board meeting scheduled for Saturday, 11 July 2026 at 02:30 PM at Registered Office.

Key Agenda Items

• Consider unaudited quarterly financial results for the quarter ended 30 June 2026, with Limited Review Report.
• Appointment of Internal Auditor for FY 2026-27.
• Approve AGM notice and related reports for FY 2025-26, including Directors' Report, MD&A, and Corporate Governance.
• Fix forthcoming AGM date.
• Approve book closure dates for AGM.
• Appoint agency to manage e-voting for AGM.
• Decide date of e-voting.
• Appoint Scrutinizer for e-voting at AGM.

Other Notes

Dematerialisation status

• Requests processed and confirmed to the depositories during the quarter.
• Securities dematerialised listed on exchanges where earlier issues are listed.
• Physical certificates for dematerialisation mutilated and cancelled after verification.
• Depository name substituted as registered owner within prescribed timelines.