Key Highlights
- CSL Finance Limited (NSE: CSLFINANCE | BSE: 530067) reported audited FY2026 net profit (PAT) of Rs 86.11 crore, up 19.4% from Rs 72.09 crore in FY2025.
- Total income for FY2026 grew 19.0% YoY to Rs 257.02 crore from Rs 216.04 crore in FY2025.
- Loan book expanded to Rs 1,373.94 crore as at March 31, 2026, up from Rs 1,144.18 crore a year ago — growth of ~20%.
- Board recommended a total dividend of Rs 10/- per share (30% regular + 70% special) subject to shareholder approval at AGM.
- Financial results were resubmitted on June 22, 2026 in machine-readable format after an inadvertent human error in initial filing; audited by S.R. Dinodia & Co. LLP with an unmodified opinion.
Company Overview
CSL Finance Limited is a New Delhi and Noida-headquartered Non-Banking Financial Company (NBFC) incorporated with CIN L74899DL1992PLC051462. Listed on NSE (CSLFINANCE) and BSE (530067), the company is primarily engaged in providing loans to Small and Medium Enterprises (SMEs) and other enterprises. Managed by Managing Director Rohit Gupta (DIN: 00045077), CSL Finance has carved out a niche in the SME lending space, a segment that remains significantly underserved by traditional banking institutions. The company has no overseas operations, no subsidiaries, and no holding/JV/associate concerns, making it a pure-play, standalone NBFC.
FY2026 Financial Performance: Key Metrics
CSL Finance delivered a robust financial performance for the year ended March 31, 2026. Total Revenue from Operations rose 19.1% YoY to Rs 256.06 crore (FY2025: Rs 215.05 crore), driven primarily by a 21.5% jump in Interest Income to Rs 241.82 crore (FY2025: Rs 199.10 crore). Total Income including other income stood at Rs 257.02 crore versus Rs 216.04 crore in FY2025. On the profitability front, Profit Before Tax (before exceptional items) expanded to Rs 112.28 crore from Rs 96.88 crore, reflecting a YoY growth of 15.9%. After accounting for an exceptional item of Rs 0.17 crore related to the new Labour Codes liability, PBT stood at Rs 112.10 crore. Net Profit after tax (PAT) for FY2026 was Rs 86.11 crore versus Rs 72.09 crore — a clean 19.4% increase.
On a quarterly basis, Q4 FY2026 (January-March 2026) recorded Revenue from Operations of Rs 68.80 crore, Total Income of Rs 69.17 crore, and PAT of Rs 19.42 crore — broadly in line with prior quarters and reflecting the company's consistent earnings trajectory. The EPS (Basic) for the full year FY2026 stood at Rs 37.80 per share versus Rs 31.64 in FY2025, a meaningful improvement.
Balance Sheet Strength: Loan Book and Capitalisation
CSL Finance's balance sheet as at March 31, 2026 reflects healthy growth. The loan book (Loans under Financial Assets) expanded to Rs 1,373.94 crore from Rs 1,144.18 crore as of March 31, 2025 — a 20% YoY increase. Total Assets grew to Rs 1,487.60 crore from Rs 1,245.07 crore, implying a 19.5% balance sheet expansion. Borrowings stood at Rs 854.17 crore versus Rs 692.96 crore a year earlier, reflecting the capital raised to fund loan disbursements. Cash and Cash Equivalents were healthy at Rs 76.33 crore as against Rs 63.80 crore in the prior year.
The equity base is well-capitalised: Equity Share Capital of Rs 22.49 crore and Other Equity of Rs 599.09 crore, resulting in total equity of Rs 621.58 crore. The debt-to-equity ratio remains manageable, providing headroom for further leverage to support loan book growth. A notable balance sheet item is Assets Held for Sale of Rs 2.99 crore, which represents repossessed assets in the resolution process.
Dividend and Capital Return
The Board of Directors has recommended a total dividend of Rs 10/- per share of face value Rs 10/-, comprising a regular dividend of Rs 3/- per share (30%) and a special dividend of Rs 7/- per share (70%), aggregating Rs 10/- per share. This is subject to approval of members at the ensuing Annual General Meeting. Based on the paid-up share capital of 2,24,87,400 shares, the total dividend outflow will be approximately Rs 22.49 crore — a significant return of capital to shareholders that also reflects confidence in the company's cash generation capacity.
Resubmission and Audit Quality
CSL Finance resubmitted its Q4 and FY2026 financial results on June 22, 2026, in response to an NSE and BSE communication regarding machine-readable formatting requirements. The original filing contained the financial results in a non-machine-readable format due to an inadvertent human error. The resubmission — duly signed by Managing Director Rohit Gupta — corrects this procedural lapse and does not indicate any changes to the underlying financial figures. The financial results carry an unmodified audit opinion from S.R. Dinodia & Co. LLP, Chartered Accountants (Firm Reg. No. 001478N/N500005), signed by Partner Sandeep Dinodia on May 26, 2026.
Investor Insights
CSL Finance's FY2026 results demonstrate the company's consistent execution in the SME lending space. The 19-20% growth in both revenues and loan book, expanding EPS, and a generous dividend announcement (including a special payout) reflect a management team with strong earnings visibility and capital discipline. For investors tracking small-cap NBFCs on Indian exchanges, CSL Finance represents a relatively under-researched name with a clean balance sheet, no subsidiaries, and a focused business model. Key risks to monitor include credit quality trends in the SME segment (impairment on financial instruments of Rs 11.31 crore in FY2026 vs Rs 11.96 crore in FY2025 — actually lower YoY, a positive signal), interest rate sensitivity, and the competitive landscape in SME lending.
Frequently Asked Questions (FAQs)
Q: What were CSL Finance's FY2026 net profit and revenue figures?
A: CSL Finance reported FY2026 PAT of Rs 86.11 crore (up 19.4% YoY) on Total Income of Rs 257.02 crore (up 19.0% YoY). Basic EPS for FY2026 was Rs 37.80 per share.
Q: What is CSL Finance's loan book size as of March 2026?
A: CSL Finance's loan book stood at Rs 1,373.94 crore as of March 31, 2026, up approximately 20% from Rs 1,144.18 crore a year earlier.
Q: What dividend has CSL Finance declared for FY2026?
A: CSL Finance's Board has recommended a total dividend of Rs 10/- per share — comprising a 30% regular dividend (Rs 3/-) and a 70% special dividend (Rs 7/-) — subject to shareholder approval at the AGM.
Q: Why were CSL Finance's financial results resubmitted?
A: The results were resubmitted on June 22, 2026 because the initial filing was not in machine-readable format due to an inadvertent human error. The underlying financial figures remain unchanged and carry an unmodified auditor's opinion.
Q: Who audited CSL Finance's FY2026 financial results?
A: CSL Finance's FY2026 financial results were audited by S.R. Dinodia & Co. LLP, Chartered Accountants (Firm Reg. No. 001478N/N500005), with Partner Sandeep Dinodia signing the unmodified audit report on May 26, 2026.