10 Important BSE and NSE Announcements — 10 July 2026

Financial highlights

• Net profit ₹3,273 crore, +10.09% YoY.
• Operating profit ₹5,557 crore, +16.50% YoY.
• Net interest income ₹7,435 crore, +16.92% YoY.
• Domestic NIM 3.41%, up from 3.35%.
• EPS ₹97.20; Book value ₹510.72 per share.
• RoA 1.31%; RoE 19.48%.

Growth & scale

• Total business ₹15,29,201 crore, +13.66% YoY.
• Total deposits ₹8,44,578 crore, +13.47% YoY.
• Gross advances ₹6,84,623 crore, +13.89% YoY.
• RAM advances ₹4,16,992 crore, +14.80% YoY; RAM 66.00%.

Asset quality & capital

• GNPA 1.86% (−115 bps YoY); NNPA 0.15% (−3 bps).
• PCR 98.22% ( +2 bps ); Slippage ratio 0.77%.
• Credit cost 0.23% (−24 bps QoQ).
• CAR 17.58%; CET-I 16.51%.

Funding & efficiency

• CASA 39.73%; CD 81.06%; CoD 4.80%; CoF 4.83%.
• Cost-to-income 44.80% (−98 bps YoY).
• Yield on investments 6.96%.

Digital & footprint

• Digital transactions share 95%; Q1 digital business ₹67,327 crore.
• Mobile banking users 2.48 crore, +22%; UPI users 2.77 crore, +21%; Net banking 1.19 crore, +3%.
• Branches 6,003; ATMs 5,676; BCs 17,314.

Outlook & recognitions

• Focus on efficiency, disciplined portfolio management, digital engagement.
• Awards include Best PSB Award 2024-25; CEO of the Year 2025; Golden Peacock AI 2026.

Financial highlights

• Q1FY27 PAT Rs 902 crore, up 29% YoY.
• Consolidated book Rs 1,29,634 crore, up 27% YoY.
• Retail disbursements Rs 23,852 crore, up 36% YoY.
• Retail book Rs 1,27,535 crore, up 28% YoY.
• NIMs + fees at 10.47% vs 10.22% prior, up 25 bps YoY.
• WACB 7.20% vs 7.68% prior, down 48 bps YoY.
• GS3 at 2.86%, NS3 at 0.90% for Q1FY27.
• RoA 2.48% vs 2.37% YoY.

Digital & AI initiatives

• PLANET app downloads exceed 2.5 crore; Rs 11,500 crore collections.
• Rural PLANET channels 20 lakh customers; 14 crore service requests.
• Partner PLANET: 4,400 dealers onboarded; TA withdrawals Rs 590 crore.
• AI pilots include Cyclops, Helios, Orion, Nostradamus, ShighraM; Canyon LOS with Ginni.
• Private Cloud enables AI; 70% lower TCO vs hyperscale over 5 years.
• Gold Loan LOS Canyon uses AI; 60% codebase generated by AI; 16+ integrated systems.
• ShighraM mortgage automation processed over 4,000 files in 11 languages.

Retail footprint & capacity

• Retail franchise across 2 lakh villages, 450+ cities; 2,800 branches.
• 14,000 distribution points; built over 15 years.
• Activated 23,467 new villages for Rural Group Loans & MFI.
• Active sourcing points: 8,914 Two-wheeler; 2,750 Farm Equipment; 310 Home Loan/LAP.
• 343 active Gold Finance branches.

Outlook & strategic focus

• Lakshya 2031: retail book growth 28% YoY, above 20%+ YoY target.
• WACB anchored at 7.20% despite external environment.
• Strategy: risk-first, technology-first, AI-native retail lender.

• Revenue from operations ₹271,484 mn.
• EBITDA ₹84,751 mn.
• EBITDA margin 31.2%.
• PAT ₹51,235 mn.
• EPS ₹50.09.
• R&D ₹22,732 mn (8.4%).
• Final dividend ₹1 per share.
• Buyback up to ₹11,000 mn.
• Net debt/equity ~0.40x.
• Geographic revenue mix: US ₹117,171 mn; India ₹97,179 mn; Europe ₹26,753 mn.

Turnaround highlights

• Net worth rose from INR 57 crores (Mar 2024) to INR 483 crores (Mar 2026).
• Liquidity improved to INR 880 crores by Mar 2026 from a deficit of INR 66 crores in 2023.
• Deleveraging reduced bank guarantee exposure by INR 1,364 crores over two years.
• EBITDA turned positive at INR 277 crores in FY2026 from INR -251 crores in FY2023.
• ICRA rating upgraded to BBB+ with stable outlook as of June 2026.
• Dividend declared in 2026.

Growth and bookings

• Order bookings grew to INR 734 crores in 2025-2026 from INR 299 crores in 2021-2022.
• OOEM orders rose from INR 162 crores to around INR 320 crores.

Durgapur demerger details

• Durgapur unit to be demerged to JSW Energy.
• Share entitlement: 139 GEIL shares convert to 10 JSW Energy shares.
• Existing GE Power India shares remain unchanged; no dilution.
• Demerger retrospectively effective from 1 July 2025.
• Five-year manufacturing services agreement with JSW Energy to secure capacity.
• Independent supply chain to achieve full independence soon.
• Board unanimously approved the demerger; awaiting NCLT sanction.
• Portfolio simplification aims to sharpen growth focus.

Operational continuity

• No disruption to core services manufacturing post-demerger.
• Durgapur underutilization with average loss around INR 27 crores (2023-25).
• Demerger supports going-forward operational continuity and value creation.

Key highlights

• Consolidated revenue from operations: ₹4,524 crore.
• Net loss after tax: ₹90.9 crore.
• Operating cash flow: ₹619 crore.
• Morphy Richards brand acquired for ₹167.99 crore.
• Exports contributed ₹100.5 crore in FY26.
• Dividend declared: ₹3 per share (150% payout).
• No borrowings; cash and investments ~₹933.7 crore.
• Record date: 17 July 2026; payout by 10 August 2026.
• Sanjay Sachdeva appointed MD & CEO from 15-Apr-2025.

Financial performance

• Consolidated total income INR 3,160.9 Cr; standalone INR 2,824.6 Cr.
• Consolidated PAT INR 332 Cr; up 79% YoY.
• Consolidated AUM INR 15,174 Cr; YoY +19%.
• Consolidated RoA 2.56%; RoE 12.28%.

Growth & footprint

• 392 new branches; total 1,841 branches across 30 states/UTs.
• Kerala entry announced in June 2026 to expand regional presence.

Significant business developments

• QTrino acquisition: STL stake 50.84% (70.67% diluted).

Dividend & capital allocation

• Dividend: Board did not declare dividend for FY2025-26.
• 20% of PAT to Statutory Reserve: INR 6,041.62 Lakhs.

Governance & leadership

• CFO changes: Amit Kumar Gupta appointed Feb 9, 2026.

Financial highlights

• Revenue from operations ₹65.33 crore in FY26 vs ₹66.16 crore FY25.
• EBITDA ₹(1.68) crore FY26 vs ₹(50.87) crore FY25.
• PBT ₹5,796.43 crore FY26 vs ₹(1,426.35) crore FY25.
• PAT ₹5,796.43 crore FY26 vs ₹(1,426.31) crore FY25.

Capital structure and debt resolution

• Positive net worth restored to ₹237.2 crore.
• Lender-approved Scheme of Arrangement substantially implemented.
• Equity infusion and warrant conversion strengthened capital structure.
• 11 of 14 lenders fully paid; NOCs obtained; security charges released.
• Equity plan completed July 2025; investors Kitara Capital, Vikas Khemani, Trishankti Power, Ovata Capital invested.
• BOT SPV lenders largely overlap with existing lenders; progress toward BOT asset resolution.

Operational and strategic progress

• New contracts aggregating to >₹100 crore secured in FY26.
• Settlement with lenders continues; focus on BOT assets resolution.
• Company aims to capitalise on infrastructure opportunities for long-term growth.

Outlook and focus

• Focus on EPC execution, recovery of claims, and sustainable growth.

Approval status and next steps

• Tribunal approved the resolution plan; written order and certified copy awaited.
• Company to submit certified order copy to stock exchanges and disclose as required.

Preferential issue details

• Approve preferential issue of up to 70 lakh FCWs to Essix Biosciences at Rs 196 each.
• Aggregate issue size up to Rs 137.20 crore.
• Subject to member and regulatory approvals.

AOA amendments

• Alter AOA by substituting Article 76 with new Article 76.

EGM for approvals

• Notice for Extraordinary General Meeting on Aug 5, 2026 to obtain approval for the preferential issue.

Management actions

• Authorize Preferential Issue Committee to finalize all relevant documents.

Scrutinizer appointment

• Appoint CS Vishal Arora as Scrutinizer for e-voting at EGM.

Open Offer outcome and promoter reclassification

• Open Offer completed in compliance with SEBI Takeover Regulations 2011.
• Acquirers Maneesha Singh, Jagsakti Merchandise Pvt Ltd and Ros Advisory Pvt Ltd have acquired substantial shareholding and control.
• Promoter/Promoter Group classification effective July 10, 2026.
• Genesis Trade-Links Private Limited ceased to exercise control and re-classified as non-promoter from July 10, 2026.
• Company name: Grameva Limited (formerly Bangalore Fort Farms Limited).