INTEGRATED FILING — NBFC



General information about company

Scrip code 544465
NSE Symbol LAXMIINDIA
MSEI Symbol NOTLISTED
ISIN INE06WU01026
Name of company LAXMI INDIA FINANCE 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 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment NBFC
Start date and time of board meeting 14-11-2025   09:40:00
End date and time of board meeting 14-11-2025   12:18:00
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 Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 13-08-2025
Indicate Company website link for updated RPT policy of the Company https://lifc.co.in/wp-content/uploads/2025/09/Related-Party-Transaction-Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No such Defaults


Financial Results — NBFC

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations
(i) Interest Income 7,167.21 13,876.99
(ii) Dividend Income 0.00 0.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 399.98 658.06
(v) Net gain on fair value changes 0.00 0.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
1 NA 0.00 0.00
2 NA 0.00 0.00
3 NA 0.00 0.00
4 NA 0.00 0.00
5 NA 0.00 0.00
6 NA 0.00 0.00
7 NA 0.00 0.00
8 NA 0.00 0.00
9 NA 0.00 0.00
10 NA 0.00 0.00
Total other revenue from operations 0.00 0.00
Total Revenue From Operations 7,567.19 14,535.05
Other income 54.94 95.15
Total income 7,622.13 14,630.20
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 1,727.98 3,355.65
Finance costs 3,381.88 6,705.32
Depreciation, depletion and amortisation expense 50.74 96.64
Fees and commission expense 0.00 0.00
Net loss on fair value changes 39.41 66.76
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 261.25 432.41
(f) Other expenses
1 Other Expenses 883.32 1,419.37
2 NA 0.00 0.00
3 NA 0.00 0.00
4 NA 0.00 0.00
5 NA 0.00 0.00
6 NA 0.00 0.00
7 NA 0.00 0.00
8 NA 0.00 0.00
9 NA 0.00 0.00
10 NA 0.00 0.00
Total other expenses 883.32 1,419.37
Total expenses 6,344.58 12,076.15
3 Total profit before exceptional items and tax 1,277.55 2,554.05
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,277.55 2,554.05
7 Tax expense
8 Current tax 477.48 964.90
9 Deferred tax (140.34) (328.76)
10 Total tax expenses 337.14 636.14
11 Net Profit Loss for the period from continuing operations 940.41 1,917.91
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
15 Total profit (loss) for period 940.41 1,917.91
16 Other comprehensive income net of taxes 0.43 (11.85)
17 Total Comprehensive Income for the period 940.84 1,906.06
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 2,613.39 2,613.39
Face value of equity share capital 5 5
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 1.9 4.23
Diluted earnings per share from continuing operations 1.9 4.23
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 1.9 4.23
Diluted earnings per share 1.9 4.23
23 Debt equity ratio 2.57 2.57
24 Debt service coverage ratio 0.00 0.00
25 Interest service coverage ratio 0.00 0.00
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) 1.The company has prepared unaudited financial results (the Statement'') in accordance with the recognition and measurement principles laid down in Indian Accounting Standard-34 Interim Financials Reporting as prescribed under Section 133 of the Companies Act, 2013 (the Act) read with Companies (Indian Accounting Standards), Rules 2015, amended from time to time, and other accounting principles generally accepted in India, the circular, guidelines and directions issued by RBI from time to time and in compliance with the format prescribed under Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended. 2.The above Financial Results has been reviewed and recommended by the Audit Committee at the meeting held on and thereafter approved by the Board of Directors at their meeting held on Nov 14, 2025, in accordance with the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The above results for the quarter and half year ended Sep 30, 2025 have been reviewed by the Statutory Auditors of the Company. Above results are being filed with the Bombay stock exchange (BSE), National stock exchange (NSE) and are also available on the Company's website www.lifc.co.in.The figures for the quarter ended Sep 30, 2025 are the balancing figures between unaudited figures for the quarter ended June, 2025 and figures for the half year ended 30 Sep 2025. Figures for Sep, 2024 are unaudited and not subject to limited review by auditors. 3.The Company operates in a single reportable segment i.e. lending to customers having similar risks and returns for the purpose of Ind AS 108 on Operating Segments. The Company operates in a single geographic segment i.e. domestic. 4.The Reserve Bank of India has issued the Master Direction – Reserve Bank of India (Non-Banking Financial Company– Scale Based Regulation (SBR)) Directions, 2023 as amended. The Master Directions categorises NBFCs in Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL), Top Layer (NBFC-TL). The Company is categorised under Middle Layer pursuant to the Master Directions.


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 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,554.05
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current 9.91
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 312.30
Adjustments for decrease (increase) in other non-current assets 1,201.69
Adjustments for other financial assets, non-current (13,636.46)
Adjustments for other financial assets, current 587.04
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (51.06)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (80.39)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 96.64
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 432.41
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 10.87
Adjustments for other financial liabilities, current (112.41)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.11
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 40.82
Adjustments for fair value losses (gains) 94.74
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 82.08
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (11,011.71)
Net cash flows from (used in) operations (8,457.66)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 786.08
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (9,243.74)
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 0.00
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 391.74
Proceeds from sales of investment property 506.36
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 0.00
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 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities 114.62
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 15,501.16
Proceeds from issuing other equity instruments 0.00
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 0.00
Repayments of borrowings 2,072.83
Payments of lease liabilities 28.51
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 13,399.82
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 4,270.70
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 4,270.70
Cash and cash equivalents cash flow statement at beginning of period 10,242.99
Cash and cash equivalents cash flow statement at end of period 14,513.69




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 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 14,513.69
Bank Balance other than (a) above 10,032.24
Derivative financial instruments
Receivables
(I) Trade Receivables
(II) Other Receivables 7.21
Loans 1,25,999.50
Investments 2,326.30
Other Financial assets 1,490.08
Total Financial Assets 1,54,369.02
2 Non Financial Asset
Inventories 0.00
Current tax assets (Net) 34.62
Deferred tax Assets (Net) 407.00
Investment Property
Biological assets other than bearer plants
Property, Plant and Equipment 1,578.06
Capital work-in-progress
Intangible assets under development 6.73
Goodwill 0.00
Other Intangible assets 5.37
Other non-financial assets (to be specified) 321.54
Total Non Financial Assets 2,353.32
Total assets 1,56,722.34
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,613.39
Other equity 40,902.78
Total equity attributable to owners of parent 43,516.17
Non controlling interest
Total equity 43,516.17
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 0.00
(b) Payables 0.00
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 4.44
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 108.43
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 165.48
(C ) Debt Securities 1,738.63
(d) Borrowings (Other than Debt Securities) 1,09,099.61
(e) Deposits 0.00
(f) Subordinated Liabilities 795.23
(g) Other financial liabilities 750.72
Total Financial Liabilities 1,12,662.54
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 236.13
(b) Provisions 192.91
(C ) Deferred tax liabilities (Net) 0.00
(d) Other non-financial liabilities 114.59
Total Non Financial Liabilities 543.63
Total liabilities 1,13,206.17
Total equity and liabilites 1,56,722.34
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)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re – measurement gain/loss on defined benefit plans 58000 -1584000
Total Amount of items that will not be reclassified to profit and loss 58000 -1584000
2 Income tax relating to items that will not be reclassified to profit or loss 0.15 (3.99)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.43 (11.85)




Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 01-08-2025
Amount Raised 16,516.65
Report filed for Quarter ended 30-09-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Ltd.
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Signatory Details

Name of signatory Sourabh Mishra
Designation of person Company Secretary and Compliance Officer
Place Jaipur
Date 14-11-2025




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Laxmi India Finance Limited Deepak Baid Managing Director Remuneration 500.00 NA 138.00 0.00 0.00
2 Laxmi India Finance Limited Aneesha Baid Whole time Director Remuneration 500.00 NA 86.25 0.00 0.00
3 Laxmi India Finance Limited Prem Devi Baid Whole time Director Remuneration 500.00 NA 69.00 0.00 0.00
4 Laxmi India Finance Limited Anil B Patwardhan Non-executive Independent Director Remuneration NA 7.50 0.00 0.00
5 Laxmi India Finance Limited Mr. Surendra Mehta Non-Executive Independent Director Remuneration NA 5.40 0.00 0.00
6 Laxmi India Finance Limited Brijmohan sharma Non-Executive Independent Director Remuneration NA 6.30 0.00 0.00
7 Laxmi India Finance Limited Kalyanraman Chandrachoodan Non-Executive Independent Director Remuneration NA 4.20 0.00 0.00
8 Laxmi India Finance Limited Gopal Krishan Sain Chief Financial Officer Remuneration NA 26.93 0.00 0.00
9 Laxmi India Finance Limited Sourabh Mishra Company Secretary & Chief Compliance officer Remuneration NA 11.20 0.00 0.00
10 Laxmi India Finance Limited Gopal Krishan Sain Chief Financial Officer Any other transaction Shares issued in IPO NA 4.90 0.00 0.00
11 Laxmi India Finance Limited Aneesha Baid Whole time Director Any other transaction Rent paid 20.00 NA 2.38 0.00 0.00
12 Laxmi India Finance Limited Deepak Baid Managing Director Any other transaction Rent paid 20.00 NA 2.66 0.00 0.00
13 Laxmi India Finance Limited Prem Devi Baid Whole time Director Any other transaction Rent paid 20.00 NA 5.44 0.00 0.00
14 Laxmi India Finance Limited Sourabh Mishra Company Secretary & Chief Compliance officer Any other transaction Advance Repaid NA 1.40 2.80 1.40
Total value of transaction during the reporting period 371.56