How did profit grow despite flat revenue?

Ceejay's net profit rose 13.5% to ₹7.72 crore while total income was nearly unchanged at ₹26.63 crore. The gain likely came from lower interest costs or tighter operating expenses, not from business expansion.

What is the proposed dividend?

The board recommended a final dividend of ₹1.50 per share. It is a steady payout from the ₹7.72 crore profit, though the exact yield depends on the final share count.

Why is the auditor change mentioned?

It is not noteworthy. The appointment of Vipinchandra C. Shah & Co. for FY27 is a routine governance step for taxation and compliance.

How large is Ceejay Finance?

It is a nano-cap NBFC with a market capitalization of ₹63 crore against FY26 net profit of ₹7.72 crore, implying a price-to-earnings ratio of roughly 8x.

Earnings · Finance - NBFC · Micro cap

Ceejay Finance profit climbs 13.5% as revenue line stays flat

Net profit rose to ₹7.72 crore on a nearly unchanged top line. The board also proposed a ₹1.50 per share dividend.

— 1 earlier story on Ceejay Finance Ltd. →

CEEJAY By Tipsheet Editorial 29 May 2026 · 6:42 PM IST Verify on BSE · NSE

Mkt cap₹63.13 cr

P/E8.77×

ROE8.97%

Debt / eq.0.62

Div yld0.66%

₹7.72 cr FY26 net profit, up 13.5% year-on-year.

What's new

Annual net profit grew 13.5% to ₹7.72 crore, while total income was flat at ₹26.63 crore.
The board recommended a final dividend of ₹1.50 per equity share.
Ceejay appointed Vipinchandra C. Shah & Co. as internal auditors for FY27.

Why this matters

Profit grew without revenue growth. For a nano-cap NBFC, that means the gain came from lower costs or tighter spending, not from a bigger loan book. The dividend is a steady payout, not a signal of new business momentum.

What we're watching

Whether loan-book growth can break the flat revenue trend in FY27.
The final payout ratio after shareholder approval.
Any update on credit quality or loan composition in the next quarter.

The full read

Ceejay Finance posted a 13.5% increase in annual net profit to ₹7.72 crore for FY26. The top line was flat at ₹26.63 crore versus ₹26.39 crore the prior year. Profit grew. Revenue did not. For a ₹63 crore market-cap NBFC, that is the entire story: cost management, not growth. The board proposed a ₹1.50 per share final dividend. The company also brought in Vipinchandra C. Shah & Co. as internal auditors. The results are solid. They are also a holding pattern.

Questions answered

How did profit grow despite flat revenue?: Ceejay's net profit rose 13.5% to ₹7.72 crore while total income was nearly unchanged at ₹26.63 crore. The gain likely came from lower interest costs or tighter operating expenses, not from business expansion.
What is the proposed dividend?: The board recommended a final dividend of ₹1.50 per share. It is a steady payout from the ₹7.72 crore profit, though the exact yield depends on the final share count.
Why is the auditor change mentioned?: It is not noteworthy. The appointment of Vipinchandra C. Shah & Co. for FY27 is a routine governance step for taxation and compliance.
How large is Ceejay Finance?: It is a nano-cap NBFC with a market capitalization of ₹63 crore against FY26 net profit of ₹7.72 crore, implying a price-to-earnings ratio of roughly 8x.

Mentioned: Ceejay Finance Ltd. · ₹7.72 cr FY26 net profit · Vipinchandra C. Shah & Co.

Primary source BSE · NSE

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

Story so far

All notes on CEEJAY →

29 May 2026 · 6:42 PM IST Ceejay Finance profit climbs 13.5% as revenue line stays flat
1d ago Ceejay Finance profit rises 13.5% to ₹7.72 cr on flat revenue