Integrated Filing — IndAS



General information about company

Scrip Code 543712
NSE Symbol AFSL
MSEI Symbol NOTLISTED
ISIN INE00ZE01026
Name of company ABANS FINANCIAL SERVICES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 15-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 15-05-2026   21:00:00
End date and time of board meeting 15-05-2026   21:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 8,70,828.30 23,87,357.37
Other income 93.06 558.34
Total income 8,70,921.36 23,87,915.71
2 Expenses
(a) Cost of materials consumed 8,62,622.00 23,52,900.61
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 605.29 1,993.41
(d) Employee benefit expense 1,330.56 5,615.29
(e) Finance costs 1,164.91 4,136.09
(f) Depreciation, depletion and amortisation expense 70.10 182.72
(f) Other Expenses
1 Other Expenses 4,710.70 11,018.09
Total other expenses 4,710.70 11,018.09
Total expenses 8,70,503.56 23,75,846.21
3 Total profit before exceptional items and tax 417.80 12,069.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 417.80 12,069.50
6 Tax expense
7 Current tax (1,782.99) 477.17
8 Deferred tax 2,569.85 1,076.47
9 Total tax expenses 786.86 1,553.64
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (369.06) 10,515.86
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (369.06) 10,515.86
17 Other comprehensive income net of taxes 2,972.96 6,276.70
18 Total Comprehensive Income for the period 2,603.90 16,792.56
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (387.48) 9,631.91
Total profit or loss, attributable to non-controlling interests 18.42 883.95
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 2,353.68 15,427.71
Total comprehensive income for the period attributable to owners of parent non-controlling interests 250.22 1,364.85
21 Details of equity share capital
Paid-up equity share capital 1,013.18 1,013.18
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,23,985.21
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.73 20.78
Diluted earnings (loss) per share from continuing operations -0.73 20.78
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.73 20.78
Diluted earnings (loss) per share from continuing and discontinued operations -0.73 20.78
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Abans Financial Services Limited (Formerly known as Abans Holdings Limited) Notes to the audited consolidated financial results for the quarter and year ended March 31, 2026: 1. The above audited consolidated financial results have been prepared in accordance with regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. The above audited consolidated financial results are prepared to comply in all material respect in accordance with Indian Accounting Standard (Ind AS) notified under Section 133 of the Companies Act, 2013, read with relevant rules issued there under. These audited consolidated financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 15, 2026. 3. During the year ended March 31, 2026, the company has allotted 82,667 equity shares (Face value of Rs. 2/- each) pursuant to the exercise of options granted under Employee Stock Option Scheme. 4. As on March 31, 2026, the Company has fourteen subsidiaries (including step down subsidiaries). 5. On 6th August 2025, the Board of Directors of Abans Broking Services Private Limited (ABSPL) has approved Proposal of scheme of arrangement of merger, where in Abans Capital Private limited (transferer) (Holding Company), Abans Securities Private Limited (Transferor), Abans Commodities (I) Private Limited (Transferor) and (Clamant Broking Services Private Limited (Transferor) will merge with ABSPL (Transferee). As on March 31, 2026, the Scheme of Amalgamation has been approved by Stock Exchange(s) and now the Company is under the process of making appropriate application(s)/ petition(s) before the Hon’ble National Company Law Tribunal. 6. The group has created necessary provision towards employee benefit liability based on certain estimates and assumptions, pursuant to issuance of the New Labour Codes. The supporting state rules and certain key clarifications are awaited, and the interpretations and industry practices are still developing. The above impact estimates will be re-assessed and finalized based on the final state rules and industry practices from time to time. 7. The other expenses for the quarter and year ended March 31,2026 include net loss on account of fair value changes in investments and derivative instruments. Summary of the same is as below: (Rs. in lakhs) Particulars For the Quarter ended March 31,2026 For the year ended March 31,2026 (Audited) Other expenses excluding net fair value loss 1,413.60 6,221.64 Net fair value loss 3,297.10 4,796.45 Other Expenses 4,710.70 11,018.09 8. The Group’s operating segments are established on the basis of those components of the Group that are evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. These have been identified taking into account nature of activity, the differing risks and returns and the internal business reporting systems. The Group has the following principal operating and reporting segments; viz. Fee based investment services, Principal investment & Treasury and Lending & Credit solutions. The accounting policies adopted for segment reporting are in line with the accounting policy of the Company and the Statement on Segment Reporting is as per Ind AS – 108- Operating Segments. 9. The financial results for the quarter ended March 31, 2026 are balancing figures between the audited figures as per the financial statements for year ended March 31, 2026 and the reviewed published results for the nine months ended December 31,2025 and similarly the results for quarter ended March 31, 2025 are balancing figures between the figures as per the audited financial statements for year ended March 31, 2025 and the published figures for nine months ended December 31, 2024. 10. The information contained in this statement shall also be available on Company’s Website www.abansfinserv.com and also on the website of the Stock Exchanges viz. BSE Limited -www.bseindia.com. and National Stock Exchange of India Limited - www.nseindia.com. 11. Figures are regrouped, rearranged and reclassified wherever necessary. Figures are rounded off to the nearest INR value in Lakhs.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio Abans Financial Services Limited (Formerly known as Abans Holdings Limited) Notes to the audited consolidated financial results for the quarter and year ended March 31, 2026: 1. The above audited consolidated financial results have been prepared in accordance with regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. The above audited consolidated financial results are prepared to comply in all material respect in accordance with Indian Accounting Standard (Ind AS) notified under Section 133 of the Companies Act, 2013, read with relevant rules issued there under. These audited consolidated financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 15, 2026. 3. During the year ended March 31, 2026, the company has allotted 82,667 equity shares (Face value of Rs. 2/- each) pursuant to the exercise of options granted under Employee Stock Option Scheme. 4. As on March 31, 2026, the Company has fourteen subsidiaries (including step down subsidiaries). 5. On 6th August 2025, the Board of Directors of Abans Broking Services Private Limited (ABSPL) has approved Proposal of scheme of arrangement of merger, where in Abans Capital Private limited (transferer) (Holding Company), Abans Securities Private Limited (Transferor), Abans Commodities (I) Private Limited (Transferor) and (Clamant Broking Services Private Limited (Transferor) will merge with ABSPL (Transferee). As on March 31, 2026, the Scheme of Amalgamation has been approved by Stock Exchange(s) and now the Company is under the process of making appropriate application(s)/ petition(s) before the Hon’ble National Company Law Tribunal. 6. The group has created necessary provision towards employee benefit liability based on certain estimates and assumptions, pursuant to issuance of the New Labour Codes. The supporting state rules and certain key clarifications are awaited, and the interpretations and industry practices are still developing. The above impact estimates will be re-assessed and finalized based on the final state rules and industry practices from time to time. 7. The other expenses for the quarter and year ended March 31,2026 include net loss on account of fair value changes in investments and derivative instruments. Summary of the same is as below: (Rs. in lakhs) Particulars For the Quarter ended March 31,2026 For the year ended March 31,2026 (Audited) Other expenses excluding net fair value loss 1,413.60 6,221.64 Net fair value loss 3,297.10 4,796.45 Other Expenses 4,710.70 11,018.09 8. The Group’s operating segments are established on the basis of those components of the Group that are evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. These have been identified taking into account nature of activity, the differing risks and returns and the internal business reporting systems. The Group has the following principal operating and reporting segments; viz. Fee based investment services, Principal investment & Treasury and Lending & Credit solutions. The accounting policies adopted for segment reporting are in line with the accounting policy of the Company and the Statement on Segment Reporting is as per Ind AS – 108- Operating Segments. 9. The financial results for the quarter ended March 31, 2026 are balancing figures between the audited figures as per the financial statements for year ended March 31, 2026 and the reviewed published results for the nine months ended December 31,2025 and similarly the results for quarter ended March 31, 2025 are balancing figures between the figures as per the audited financial statements for year ended March 31, 2025 and the published figures for nine months ended December 31, 2024. 10. The information contained in this statement shall also be available on Company’s Website www.abansfinserv.com and also on the website of the Stock Exchanges viz. BSE Limited -www.bseindia.com. and National Stock Exchange of India Limited - www.nseindia.com. 11. Figures are regrouped, rearranged and reclassified wherever necessary. Figures are rounded off to the nearest INR value in Lakhs.


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 2,651.37
Capital work-in-progress
Investment property
Goodwill 567.08
Other intangible assets 114.92
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 59.45
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other financial assets 867.60
Total of other non-current financial assets 867.60
Total non-current financial assets 927.05
Deferred tax assets (net) 652.81
Other non-current assets
1 Other non-current assets 4.66
Total of other non-current assets 4.66
Total non-current assets 4,917.89
2 Current assets
Inventories 11.67
Current financial asset
Current investments 0.00
Trade receivables, current 3,726.32
Cash and cash equivalents 33,262.95
Bank balance other than cash and cash equivalents 27,547.22
Loans, current 11,393.60
Other current financial assets
Total of other current financial assets 2,06,579.51
Total current financial assets 2,82,509.60
Current tax assets (net) 2,615.46
Other current assets
1 Other current assets 655.81
Total of other current assets 655.81
Total current assets 2,85,792.54
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2,90,710.43
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,013.18
Other equity 1,23,985.21
Total equity attributable to owners of parent 1,24,998.39
Non controlling interest 10,167.82
Total equity 1,35,166.21
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3,590.34
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease liability 993.57
Total of other non-current financial liabilities 993.57
Total non-current financial liabilities 4,583.91
Provisions, non-current 309.35
Deferred tax liabilities (net) 4,216.36
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 9,109.62
Current liabilities
Current financial liabilities
Borrowings, current 70,756.91
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4,621.04
Total Trade payable 4,621.04
Other current financial liabilities
1 Other financial liability 63,035.88
2 Lease liability 32.37
Total of other current financial liabilities 63,068.25
Total current financial liabilities 1,38,446.20
Other current liabilities 7,229.66
1 Other current liabilities 7,229.66
Total of other current liabilities 7,229.66
Provisions, current 544.37
Current tax liabilities (Net) 214.37
Deferred government grants, Current 0.00
Total current liabilities 1,46,434.60
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,55,544.22
Total equity and liabilites 2,90,710.43
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Fee based investment services 3,681.85 19,081.23
2 Principal investment & Treasury 8,66,659.40 23,66,478.78
3 Lending & Credit solution 0.004988 2,205.21
4 Others / un allocable 0.000813 0.0015048
Total Segment Revenue 8,70,921.35 23,87,915.70
Less: Inter segment revenue 0.00 0.00
Revenue from operations 8,70,921.35 23,87,915.70
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Fee based investment services 1,770.07 10,424.18
2 Principal investment & Treasury (1,443.95) 1,088.44
3 Lending & Credit solution 237.46 1,237.80
4 Others / un allocable 61.86 113.62
Total Profit before tax 625.44 12,864.04
i. Finance cost 207.63 794.54
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 417.81 12,069.50
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Fee based investment services 0.00 0.00
2 Principal investment & Treasury 0.00 0.00
3 Lending & Credit solution 0.00 0.00
4 Others / un allocable 0.00 0.00
Total Segment Asset 0.00 0.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
1 Fee based investment services 0.00 0.00
2 Principal investment & Treasury 0.00 0.00
3 Lending & Credit solution 0.00 0.00
4 Others / un allocable 0.00 0.00
Total Segment Liabilities 0.00 0.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Note:- Due to the dynamic nature of the business and the multiple operating segments the business has, the assets and liabilities are used interchangebly among all segments. Forced allocation of these asssets and liabilities is not practicable and will not result in any meaningful allocation and seggregation. Hence, the assets and liabilities have not been identified with regards to segment reporting.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/(loss) on defined benefit plan 6.32 5.92
2 Gain/)(loss) on fair valuation of quoted investments in equity shares 0.00 722.93
3 Tax relating to items that will not be reclassified to profit or loss 106.54 (37.65)
Total Amount of items that will not be reclassified to profit and loss 112.86 691.20
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange rate difference on translation of financial statements of foreign operation 3,824.69 7,466.72
2 Tax relating to items that will be reclassified to profit or loss (964.59) (1,881.22)
Total Amount of items that will be reclassified to profit and loss 2,860.10 5,585.50
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 2,972.96 6,276.70



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 12,069.50
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories 2,058.19
Adjustments for decrease (increase) in trade receivables, current 91,949.38
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (50,552.19)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 182.72
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 512.82
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 451.56
Adjustments for share-based payments 1,258.45
Adjustments for fair value losses (gains) (2,964.05)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 37.46
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 42,031.22
Net cash flows from (used in) operations 54,100.72
Dividends received (1.26)
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 3,581.29
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 50,518.17
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 27,580.76
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 261.08
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 14.10
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 1.26
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 13.10
Net cash flows from (used in) investing activities (27,841.58)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 1.65
Proceeds from issuing other equity instruments 0.08
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 217.14
Repayments of borrowings 0.00
Payments of lease liabilities 155.63
Dividends paid 0.00
Interest paid 1,371.23
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (1,307.99)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 21,368.60
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 905.66
Net increase (decrease) in cash and cash equivalents 22,274.26
Cash and cash equivalents cash flow statement at beginning of period 10,988.69
Cash and cash equivalents cash flow statement at end of period 33,262.95





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 CNK & Associates LLP, Chartered Accountant Yes 31-07-2027