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FINANCIAL PERFORMANCE

During the year under review, the Company has earned Rs. 1073.20 Lakhs from Revenue from Operations as compared to Rs. 868.89 Lakhs for the Financial Year 2024-25. The Company has made profit after tax of Rs. 2.08 Lakhs during the financial year 2025-26 as compared to loss of Rs. 44.30 Lakhs in the financial year 2024-25.

The Board of Directors expects a growth in the Revenue from Operations and ultimately an increase in the Net Profit over the upcoming Financial Years.

Indias investment industry remained resilient during FY 2025-26, supported by strong economic growth, increasing domestic investor participation, expanding capital markets, and continued regulatory reforms. Despite global uncertainties, India continued to be among the worlds fastest-growing major economies, supported by robust macroeconomic fundamentals.

The financial services sector witnessed continued growth, driven by digitalisation, greater financial inclusion, and wider adoption of technology-enabled investment platforms. Increasing investor awareness and the shift of household savings towards financial assets contributed to sustained growth in the capital markets. The number of demat accounts exceeded 21.6 crore, while mutual fund participation continued to expand across the country.

The regulatory landscape also evolved with continued initiatives by the Securities and Exchange Board of India (SEBI) to strengthen market transparency, investor protection, and corporate governance. The Reserve Bank of India (RBI) maintained a balanced policy approach to support financial stability and economic growth.

Looking ahead, the long-term outlook for the investment industry remains positive, supported by favourable demographics, increasing financialisation of savings, digital innovation, and continued policy support. However, global economic conditions, market volatility, interest rate movements, and geopolitical developments continue to pose challenges that require prudent investment and risk management practices.

India continued to be one of the fastest-growing major economies, driven by strong domestic demand, structural reforms and supportive policies. In recent years, the countrys rapid economic expansion enabled it to surpass the UK, making it the worlds fifth-largest economy. However, in FY2025, global uncertainties, rising geopolitical tensions and persistent inflationary pressures contributed to a slowdown in overall economic growth. According to the second advance estimates from the Ministry of Statistics and Programme Implementation (MOSPI), Indias economy grew by 6.5% y-o-y in FY2025, compared to 9.2% in the previous year. Inflationary pressures remained a key concern in FY2025, driven by global supply chain disruptions and commodity price volatility. In response, the RBIs Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points in two successive cuts, bringing it down to 6% as of April 2025, while continuing with an accommodative stance. Consumer Price Index (CPI) inflation is expected to average 4.9% in FY2025, down from 5.4% in the previous year, and is projected to ease further to 4.0% in FY2026.

Indias strong economic fundamentals, rising financialisation of household savings, expanding retail investor base, and continued digitalisation of financial services provide significant growth opportunities for the investment industry. Government initiatives to deepen capital markets, improve ease of doing business, and promote financial inclusion are expected to further strengthen the investment ecosystem. The Companys disciplined investment strategy and diversified portfolio position it well to capitalize on emerging opportunities across various asset classes.

The investment industry remains exposed to risks arising from market volatility, inflationary pressures, interest rate fluctuations, geopolitical uncertainties, and changes in domestic and global economic conditions. Regulatory changes, liquidity constraints, and fluctuations in the valuation of financial assets may also impact investment returns. The Company continues to adopt prudent investment and risk management practices to mitigate these challenges and safeguard stakeholders interests.

The Companys business is inherently exposed to risks associated with fluctuations in the financial markets. Changes in interest rates, inflation, economic conditions, geopolitical developments, and regulatory policies may impact the valuation and performance of its investment portfolio. Liquidity constraints, credit risk, and market volatility may also affect investment returns.

The Company manages these risks through a prudent investment strategy, portfolio diversification, periodic portfolio reviews, and a robust risk management framework. Continuous monitoring of market developments and compliance with applicable regulatory requirements enable the Company to respond effectively to evolving risks while safeguarding stakeholders interests.

The Company has internal controls aimed at achieving efficiency in operations, optimum utilization of resources, effective monitoring and compliance with all applicable laws. The Management Audit Team undertakes extensive checks, process reviews and also conducts internal audits. The Audit Committee of the Board reviews major findings in the internal audit reports as well as the adequacy of internal controls.

This statement made in this section describes the Companys objectives, projections, expectation and estimations which may be forward-looking statements within the meaning of applicable securities laws and regulations.