How did Smart Finsec's profit perform over the full year?

Net profit for FY26 was ₹97.67 lacs, a 17% decline from ₹117.39 lacs in FY25.

What was the trend in the fourth quarter?

Q4 profit was ₹16.89 lacs, a 47% drop from the ₹31.91 lacs reported in Q3.

Were there any concerns in the audit report?

No, the audit opinion was unmodified, indicating the auditor found no material issues.

What else was decided in the results filing?

The board approved the routine re-appointment of its secretarial and internal auditors.

Earnings · Finance - NBFC · Micro cap

Smart Finsec profit drops 17% for FY26; Q4 falls 47% from prior quarter

Net profit fell to ₹97.67 lacs, down from ₹117.39 lacs. The fourth quarter saw a sharper sequential decline.

— 1 earlier story on Smart Finsec Ltd. →

SMARTFIN By Tipsheet Editorial 25 May 2026 · 6:19 PM IST Verify on BSE · NSE

Mkt cap₹25.17 cr

P/E25.74×

ROE7.48%

Debt / eq.0.00

₹97.67 lacs FY26 net profit, down from ₹117.39 lacs in FY25.

What's new

FY26 net profit fell to ₹97.67 lacs from ₹117.39 lacs in FY25.
Q4 profit dropped to ₹16.89 lacs from ₹31.91 lacs in the prior quarter.
The audit opinion is unmodified; auditor reappointments are routine.

Why this matters

The numbers show a clear earnings contraction for a nano-cap. The annual decline is modest, but the sharp sequential drop in Q4 suggests the weakness may be intensifying. There are no audit red flags or profit warnings to explain it.

What we're watching

Whether Q4 marks a new trend or a one-off dip.
Any operational detail on revenue or cost pressures.
The stock's liquidity in a low-float, low-news environment.

The full read

Smart Finsec's profit shrank. Annual net profit fell to ₹97.67 lacs from ₹117.39 lacs, a 17% decline. The final quarter was weaker. Profit slid 47% to ₹16.89 lacs from the ₹31.91 lacs booked in Q3. The audit is clean. The other items (auditor reappointments) are administrative. For a nano-cap, this is a modest contraction, not a collapse. But the pace of decline accelerated in Q4. That is the trend to watch. Without operational context from management, the cause remains unclear.

Questions answered

How did Smart Finsec's profit perform over the full year?: Net profit for FY26 was ₹97.67 lacs, a 17% decline from ₹117.39 lacs in FY25.
What was the trend in the fourth quarter?: Q4 profit was ₹16.89 lacs, a 47% drop from the ₹31.91 lacs reported in Q3.
Were there any concerns in the audit report?: No, the audit opinion was unmodified, indicating the auditor found no material issues.
What else was decided in the results filing?: The board approved the routine re-appointment of its secretarial and internal auditors.

Mentioned: Smart Finsec Ltd. · ₹97.67 lacs FY26 profit · ₹16.89 lacs Q4 profit

Primary source BSE · NSE · Tijori

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

Story so far

All notes on SMARTFIN →

25 May 2026 · 6:19 PM IST Smart Finsec profit drops 17% for FY26; Q4 falls 47% from prior quarter
42d ago Smart Finsec profit slips 17% on weaker F&O income