Interactive Financial's profit tripled in Q4, lifting the full-year 22%
Full-year net profit of ₹3.49 crore masks a sharp Q4 skew. Revenue stayed flat.
— 2 earlier stories on Interactive Financial Services Ltd. →What's new
- Annual net profit rose 22.4% to ₹3.49 crore while revenue remained flat at ₹7.37 crore.
- Q4 net profit nearly tripled sequentially to ₹1.33 crore, driving the full-year gain.
- Board reappointed S. J. Bhesaniya & Co. as internal auditor for FY27.
Why this matters
The profit growth is almost entirely a Q4 story. Revenue didn't grow, so the jump came from lower costs or a one-off gain, not from selling more. For a company with a ₹10 crore market cap, a ₹3.49 crore profit is a very high return on equity.
What we're watching
- Whether the Q4 profit level is sustainable into FY27 or a one-off.
- Any change in revenue, since the top line was flat despite the profit gain.
- How the market prices the stock after a profit figure nearly three times its own market cap.
The full read
Interactive Financial Services, a nano-cap merchant bank, reported a 22.4% jump in annual net profit to ₹3.49 crore for FY26. The headline number hides a sharp quarterly skew. ₹1.33 crore, or about 38% of the full-year profit, came in Q4 alone, where net profit nearly tripled sequentially. Revenue stayed flat at ₹7.37 crore for the year, meaning the profit growth came from improved cost control, not sales. For a company valued at just ₹10 crore, the profit figure is striking. The unmodified audit opinion and reappointment of S. J. Bhesaniya & Co. are procedural. The open question is whether Q4's profitability is repeatable or the result of a one-off cost squeeze.
Questions answered
- How much of the annual profit came in the final quarter?
- Q4 net profit of ₹1.33 crore was roughly 38% of the full-year ₹3.49 crore. The first three quarters did not drive the annual growth.
- What does flat revenue with higher profit suggest?
- Revenue stayed at ₹7.37 crore for the year while net profit grew 22.4%. This implies the company either cut costs significantly or had a non-revenue gain in Q4.
- Did the company change its auditor?
- No, the board reappointed S. J. Bhesaniya & Co. as the internal auditor for the 2026-27 period. It is a routine continuity.
- What is the company's equity base?
- The total equity base stood at ₹31.65 crore at the end of FY26.
Story so far
All notes on IFINSER →- 29 May 2026 · 5:15 PM IST Interactive Financial's profit tripled in Q4, lifting the full-year 22%
- 1d ago Interactive Financial's profit grew 22% on flat revenue. Q4 did all the work.
- 8d ago SEBI warns Interactive Financial Services over Rachana IPO due diligence