Raama Finance went from ₹37 lakh revenue to ₹12 crore in a year.
The nano-cap NBFC’s net profit jumped to ₹3.24 crore in FY26 as interest income scaled up dramatically. Q4 alone delivered ₹2.63 crore in profit.
— 1 earlier story on Raama Finance Ltd. →What's new
- Annual revenue climbed to ₹12.06 crore from just ₹37.63 lakhs in FY25.
- Net profit for the year surged to ₹3.24 crore, versus ₹1.50 lakhs previously.
- Q4 delivered ₹9.63 crore in revenue and ₹2.63 crore in profit.
Why this matters
This is a nano-cap with a ₹115 crore market value that just posted a full-year profit of ₹3.24 crore and a Q4 run-rate that dwarfs its entire prior year. The scale-up implies recently raised capital has been rapidly deployed into interest-earning assets.
What we're watching
- Whether the Q4 revenue run-rate of ₹9.63 crore holds through FY27.
- How the new Risk Management Committee shapes future capital deployment.
- If the auditor change brings any shift in reporting or controls.
The full read
Raama Finance's annual revenue jumped to ₹12.06 crore from a negligible ₹37.63 lakhs in FY25. The net profit for the year surged to ₹3.24 crore, versus just ₹1.50 lakhs in the prior year. The growth was sharply concentrated in the final quarter, which delivered ₹9.63 crore in revenue and ₹2.63 crore in profit. For a nano-cap NBFC with a market valuation of only ₹115 crore, the scale-up in interest income is stark. It implies capital raised recently has been rapidly put to work. The board also shuffled governance, appointing a new internal auditor and setting up a Risk Management Committee to meet RBI norms. Thirty-fold revenue growth in one year is rare. The real story is how fast the company's fundamentals have changed profile.
Questions answered
- How did Raama Finance's revenue grow over 30x in a single year?
- The growth was driven by a sharp acceleration in interest income, suggesting the company rapidly deployed recently raised capital into interest-earning assets. Revenue went from ₹37.63 lakhs to ₹12.06 crore.
- What does the Q4 performance reveal about the growth trajectory?
- Q4 revenue of ₹9.63 crore and profit of ₹2.63 crore show the growth was heavily back-loaded. The final quarter alone accounts for roughly 80% of the full-year revenue.
- What governance changes did the board approve alongside the results?
- The board appointed M/s Garg D and Associates as the new internal auditor, relocated the corporate office within Noida, and established a Risk Management Committee to comply with RBI directions for NBFCs.
- How significant is this performance relative to the company's size?
- Raama Finance has a market valuation of only ₹115 crore. A full-year profit of ₹3.24 crore, and a Q4 run-rate of ₹2.63 crore in profit, is highly material against that market cap.
Raama Finance Ltd.
Latest quarter · Mar 2026
Leverage & growth
Story so far
All notes on RLFL →- 29 May 2026 · 9:42 PM IST Raama Finance went from ₹37 lakh revenue to ₹12 crore in a year.
- today Raama Finance plans ₹100 cr NCD issue, borrowing limit raised to ₹200 cr