Karnavati Finance (BSE 538928)₹1.35+3.05%Non Banking Financial Company (NBFC)
In the Mar 2026 quarter (standalone), Karnavati Finance reported revenue of ₹2.61 Cr, up 866.7% from Mar 2025, and net profit of −₹5.80 Cr. For the year to Mar 2026, revenue were ₹5.33 Cr and net profit −₹5.91 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.58 | 1.20 | 0.40 | 0.90 | 0.64 | 0.29 | 0.42 | 0.27 | 0.23 | 0.60 | 2.29 | 2.61 |
| Interest | 0.31 | 0.43 | 0.40 | 0.39 | 0.33 | 0.27 | 0.26 | 0.25 | 0.24 | 0.57 | 1.52 | 1.50 |
| Net interest income | 0.27 | 0.77 | 0.00 | 0.51 | 0.31 | 0.02 | 0.16 | 0.02 | −0.01 | 0.03 | 0.77 | 1.11 |
| Expenses | 0.62 | 0.09 | 1.79 | 0.59 | 0.11 | 0.91 | 0.21 | 0.87 | 0.33 | 0.45 | 0.06 | 6.75 |
| Financing Profit | −0.35 | 0.66 | −1.79 | −0.08 | 0.16 | −0.89 | −0.05 | −0.87 | −0.36 | −0.42 | 0.69 | −5.63 |
| Financing Margin % | −63.2% | 56.3% | −461.6% | −10.1% | 26.9% | −321.5% | −14.7% | −338.5% | −168.2% | −72.9% | 30.7% | −217.3% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −0.35 | 0.66 | −1.79 | −0.08 | 0.16 | −0.89 | −0.05 | −0.87 | −0.36 | −0.42 | 0.69 | −5.64 |
| Tax % | 0.0% | 12.0% | −4.4% | 100.0% | 23.6% | −4.5% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.5% |
| Net Profit | −0.37 | 0.60 | −1.73 | −0.19 | 0.13 | −0.87 | −0.07 | −0.89 | −0.38 | −0.44 | 0.71 | −5.80 |
| EPS (Rs) | −0.03 | 0.05 | −0.16 | −0.01 | 0.00 | −0.08 | 0.00 | −0.08 | −0.03 | −0.03 | 0.06 | −0.57 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.45 | 0.96 | 2.03 | 3.25 | 2.77 | 1.23 | 2.41 | 2.86 | 3.05 | 1.58 | 5.33 | 5.73 |
| Interest | 0.00 | 0.00 | 0.67 | 1.57 | 0.25 | 0.04 | 0.02 | 0.33 | 1.58 | 1.16 | 3.86 | 3.83 |
| Net interest income | 0.45 | 0.96 | 1.36 | 1.68 | 2.52 | 1.19 | 2.39 | 2.53 | 1.47 | 0.42 | 1.47 | 1.90 |
| Expenses | 0.18 | 0.25 | 0.57 | 0.65 | 2.36 | 0.96 | 2.05 | 1.77 | 3.03 | 2.07 | 7.19 | 7.59 |
| Financing Profit | 0.26 | 0.69 | 0.77 | 0.99 | 0.14 | 0.21 | 0.32 | 0.74 | −1.56 | −1.67 | −5.72 | −5.72 |
| Financing Margin % | 61.3% | 73.6% | 38.6% | 30.9% | 5.4% | 18.0% | 13.7% | 26.3% | −51.7% | −107.0% | −108.1% | −99.8% |
| Other Income | 0.19 | 0.29 | 0.08 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.42 | 0.95 | 0.82 | 0.98 | 0.13 | 0.20 | 0.39 | 0.73 | −1.56 | −1.67 | −5.73 | −5.73 |
| Tax % | 16.3% | 23.0% | 25.3% | 27.3% | 21.4% | 42.9% | 25.0% | 25.7% | 5.8% | 0.0% | 2.6% | — |
| Net Profit | 0.38 | 0.76 | 0.63 | 0.73 | 0.12 | 0.13 | 0.31 | 0.57 | −1.68 | −1.69 | −5.91 | −5.91 |
| EPS (Rs) | 0.03 | 0.08 | 0.05 | 0.06 | 0.00 | 0.00 | 0.02 | 0.05 | −0.16 | −0.16 | −0.58 | −0.57 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.33 | 8.33 | 8.34 | 10.02 | 10.01 | 10.02 | 10.01 | 10.01 | 10.01 | 10.01 | 10.02 | 10.02 |
| Reserves | −1.05 | −0.68 | 0.06 | 1.70 | 2.42 | 2.53 | 2.65 | 2.95 | 3.51 | 1.85 | 0.17 | −5.73 |
| Borrowings | 0.27 | 0.02 | 0.00 | 14.49 | 15.97 | 11.27 | 5.42 | 1.21 | 12.68 | 15.50 | 11.07 | 59.76 |
| Other Liabilities | 0.29 | 0.31 | 0.42 | 0.67 | 0.81 | 0.53 | 0.77 | 0.24 | 1.05 | 1.27 | 0.29 | 1.02 |
| Total Liabilities | 7.84 | 7.98 | 8.82 | 26.88 | 29.21 | 24.35 | 18.85 | 14.41 | 27.25 | 28.63 | 21.55 | 65.07 |
| Fixed Assets | 0.10 | 0.09 | 0.07 | 0.05 | 0.04 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 7.74 | 7.89 | 8.75 | 26.83 | 29.17 | 24.32 | 18.83 | 14.40 | 27.25 | 28.63 | 21.55 | 65.07 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 0.00 | 0.00 | 0.00 |
| Total Assets | 7.84 | 7.98 | 8.82 | 26.88 | 29.21 | 24.35 | 18.85 | 14.41 | 27.25 | 28.63 | 21.55 | 65.07 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −4.67 | −0.08 | 0.36 | −16.61 | 0.09 | 4.88 | 5.73 | 4.26 | −9.47 | −2.80 | 5.50 | −45.00 |
| Cash from investing activity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing activity | 4.83 | −0.26 | −0.04 | 16.60 | −0.09 | −5.02 | −5.92 | −4.27 | 11.06 | 1.26 | −5.62 | 45.09 |
| Net cash flow | 0.16 | −0.33 | 0.31 | −0.02 | 0.02 | −0.15 | −0.19 | 0.00 | 1.57 | −1.54 | −0.11 | 0.08 |
| Free cash flow | −4.64 | −0.06 | 0.34 | −16.54 | 0.07 | 4.85 | 5.70 | 4.24 | −9.43 | −2.78 | 5.47 | −44.79 |
| CFO / OP % | 1,403.0% | −19.0% | 65.0% | −1,121.0% | 12.0% | 1,207.0% | 2,133.0% | 1,181.0% | −857.0% | −13,100.0% | −1,075.0% | 2,390.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | −7.3% | 4.9% | 9.3% | 6.1% | 5.9% | 0.9% | 1.0% | 2.3% | 4.2% | −13.2% | −15.2% | −81.1% |
For the Mar 2026 quarter, Karnavati Finance reported revenue of ₹2.61 Cr, up 866.7% year on year and net profit of −₹5.80 Cr.
Karnavati Finance's revenue for the year to Mar 2026 were ₹5.33 Cr; over the last twelve months they were ₹5.73 Cr.
Net profit for the year to Mar 2026 was −₹5.91 Cr, and −₹5.91 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.57.
Cash from operations was −₹45 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹44.79 Cr.