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Earnings · Finance - NBFC · Micro cap

Amrapali Fincap profit surges 143% as revenue drops by a quarter

The company reported a net profit of ₹78.29 lakhs for FY26, even as top-line revenue contracted to ₹19.49 crore.

1 earlier story on Amrapali Fincap Ltd.
Mkt cap₹25.21 cr
P/E78.30×
ROE0.22%
Debt / eq.0.00
143% Year-on-year growth in net profit for FY26.

What's new

  • Net profit rose to ₹78.29 lakhs for the year ended March 31, 2026.
  • Revenue from operations fell 25% to ₹19.49 crore.
  • The board appointed new internal and secretarial auditors for FY27.

Why this matters

A profit jump alongside a shrinking top line suggests a significant shift in cost structure or business mix. For a nano-cap firm, this divergence between earnings and revenue growth is the primary metric to track.

What we're watching

  • Whether the revenue decline continues in the next quarterly report.
  • The impact of the new internal auditor on financial reporting processes.
  • Sustainability of the improved margins.

The full read

Amrapali Fincap ended FY26 with a 143% jump in net profit to ₹78.29 lakhs. This growth occurred against a backdrop of shrinking business, with revenue from operations dropping 25% to ₹19.49 crore. The company also finalized its audit appointments for the coming year, naming M/s S P Thakker & Associates as internal auditors and CS Bhumika Vipulbhai Ranpura as secretarial auditors. The statutory auditor provided an unmodified opinion on the annual results. The divergence between the bottom-line expansion and the top-line contraction is the defining feature of these results. It points to a leaner operation, but the 25% revenue decline remains a hurdle for a company of this size.

Questions answered

How did Amrapali Fincap grow profits while revenue fell?
The company reported a 143% increase in net profit to ₹78.29 lakhs despite a 25% drop in operating revenue to ₹19.49 crore. The filing does not detail the specific cost-cutting or operational changes that drove this margin expansion.
What was the auditor's view on these results?
The statutory auditor issued an unmodified opinion on the FY26 financial results.
Who are the new auditors for the upcoming year?
The board appointed M/s S P Thakker & Associates as internal auditors and CS Bhumika Vipulbhai Ranpura as secretarial auditors for FY27.
Mentioned: Amrapali Fincap · S P Thakker & Associates · Bhumika Vipulbhai Ranpura
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 29 May 2026 · 2:43 AM IST Amrapali Fincap profit surges 143% as revenue drops by a quarter
  2. today Amrapali Fincap profit surges 143% as revenue drops by a quarter