Typhoon Financial Services Ltd

Financial highlights

• Total income for FY2025-26: 41.09 lakh, up from 28.43 lakh.
• Profit before tax: 11.00 lakh; tax: 3.32 lakh; net profit: 7.68 lakh.
• Earnings per share: Rs 0.26 (basic and diluted).
• No dividend declared for FY2025-26.

Balance sheet snapshot

• Total assets: 78,766 thousand; equity: 74,477 thousand; NBFC reserves: 1,013 thousand.
• Loans: 53,773 thousand; investments: 24,330 thousand; cash: 207 thousand.
• Deferred tax liabilities: 3,416 thousand; other financial liabilities: 783 thousand.
• Borrowings: 65 thousand.

Capital structure & liquidity

• Net debt: -142 thousand; total equity: 74,477 thousand.
• Debt-to-equity: 0.0008; current ratio: 64.19.
• Gearing effectively nil due to negative net debt.
• Interest coverage not disclosed.

Governance & leadership

• Ashok Chhajer, Chairman and MD, died on 6 July 2025.
• Rishab Chhajer appointed Managing Director from 16 January 2026 for five years.
• Independent Directors: Hitendra Chopra and Rajkumari Udhwani; 6 board meetings held.
• Secretarial Auditor Kashyap R. Mehta & Partners appointed for five years.
• Formal board evaluation process adopted.

Related party disclosures

• Total related-party loans outstanding: 69,862 thousand; promoter loans: 4,000 thousand.
• Related party balances include receivable from Shruti Chhajer: 160; payable to Sushma Chhajer: 65.
• All related-party transactions were in ordinary course and arm's length.
• CSR not applicable; no CSR committee.

Outlook: risks & opportunities

• Single NBFC segment; focus on capital market trading and derivatives.
• Risks include interest rate, credit, market, and operational risks; conservative risk management.
• Outlook centers on growth opportunities in financial services.

Audit, controls & compliance

• Statutory auditors: Virendra Surana & Co.; no qualifications.
• Secretarial audit: no remarks; appointment proposed for five years.
• CSR not applicable; no CSR committee; governance disclosures filed as required.

Unaudited Q1 FY2026 results and review

• Board took on record unaudited results for quarter ended 30 June 2026.
• Integrated filing includes Limited Review Report on the unaudited results.
• Review report states no material misstatement and no adverse qualifications.

Dematerialisation processing and listing

• Dematerialisation requests were confirmed to the depositories and listed on the exchanges where existing securities are listed.
• Certificates for dematerialisation were mutilated and cancelled after verification, the registered owner updated to the depository.

Meeting Details

• Board meeting scheduled for 25 May 2026.
• Time and location were not disclosed.

Key Agenda Items

• Consider and approve standalone audited financial results for FY2025-26 ended 31 March 2026.
• Other matters were also listed for consideration.

Other Notes

• Trading window remains closed until 48 hours after financial results declaration.

Financial Indebtedness

• Total loans and revolving facilities outstanding as on date: INR 0 crore
• No defaults reported on loans or revolving facilities as on date
• No outstanding unlisted debt securities (NCDs and NCRPS) as on date
• Total financial indebtedness including short-term and long-term debt: INR 0 crore

Audit and Compliance

• Board approved unaudited financial results for quarter ended 31 Dec 2025
• Limited review report issued with unmodified opinion on unaudited results
• Financial results prepared as per Ind AS 34 and Companies Act 2013
• No audit qualifications or modified opinions reported