Kalyan Capitals swings to Q4 profit as annual earnings slide
The nano-cap NBFC reported a Q4 profit before tax of ₹110.5 lacs, though full-year earnings fell to ₹142.2 lacs.
— 1 earlier story on Kalyan Capitals Ltd. →What's new
- Q4 profit before tax reached ₹110.5 lacs, up from a Q3 loss.
- Full-year profit dropped to ₹142.2 lacs from ₹217.17 lacs in FY25.
- The board appointed an internal auditor alongside the release of audited results.
Why this matters
The results are routine for this nano-cap NBFC. The shift from a Q3 loss to a Q4 profit provides a modest recovery, but the year-over-year decline in annual profit suggests a cooling trend in the company's core operations.
What we're watching
- Whether the new internal auditor flags any governance gaps.
- Sustainability of the Q4 profit rebound in the coming quarters.
- Any further disclosure on the NBFC's loan book quality.
The full read
Kalyan Capitals ended the fiscal year with a Q4 profit before tax of ₹110.5 lacs, marking a turnaround from the loss reported in Q3 and an improvement over the ₹64.31 lacs profit seen in the same quarter last year. Despite the late-year recovery, the company's annual performance softened, with full-year profit before tax falling to ₹142.2 lacs from ₹217.17 lacs in FY25. The auditor provided an unmodified opinion on the standalone and consolidated results. The board also appointed an internal auditor. These results are routine for the nano-cap NBFC, offering no material surprises or deviations from expectations. The primary takeaway is a return to profitability in the final quarter, though the broader annual trend remains lower than the prior year.
Questions answered
- How did Kalyan Capitals perform in Q4 compared to the previous year?
- The company reported a profit before tax of ₹110.5 lacs for Q4, an improvement over the ₹64.31 lacs reported in the same quarter last year.
- What was the trend for the full fiscal year?
- Full-year profit before tax fell to ₹142.2 lacs, down from the ₹217.17 lacs recorded in the previous fiscal year.
- Did the auditor raise any concerns?
- No. The auditor issued an unmodified opinion on the financial results.
- Were there any other board-level changes?
- Yes, the board appointed an internal auditor during the meeting.
Story so far
All notes on KALYANCAP →- 25 May 2026 · 8:01 PM IST Kalyan Capitals swings to Q4 profit as annual earnings slide
- today Kalyan Capitals reports mixed annual results