U Y Fincorp Q1 FY27: standalone PAT up 229% YoY to ₹19.6 Cr as lending income scales 6x
PAT +228.8% YoY · revenue +230.4% · margins flat
₹72.51 Cr
+230.4% YoY
₹19.62 Cr
+228.8% YoY
27.05%
+0.3pp YoY
₹1.03
U Y Fincorp, a small Kolkata-based NBFC operating in a single "Financial and Related Services" segment, reported standalone Q1 FY27 revenue from operations of ₹72.51 Cr, up 230% year-on-year from ₹21.95 Cr, though only up 3.0% sequentially from ₹70.40 Cr. Standalone PAT rose 229% YoY to ₹19.62 Cr (from ₹5.97 Cr) and 12.5% QoQ (from ₹17.44 Cr), with basic EPS at ₹1.03 versus ₹0.31 a year ago. Because the YoY comparison sits against an unusually small year-ago base, the QoQ move is the better read on run-rate — growth has flattened from the sharp Q4 FY26 jump to a low single-digit sequential gain.
Q1 FY-2027 vs prior quarters
The growth is anchored in interest income, which scaled to ₹50.21 Cr from just ₹7.41 Cr a year earlier — a genuine expansion of the lending book rather than a one-off. Offsetting this, income from sale of shares (the company's trading book) fell 32% YoY to ₹9.35 Cr from ₹13.82 Cr, while other operating income rose to ₹12.94 Cr from ₹0.71 Cr. Net profit margin held roughly flat at 27.0% (26.7% a year ago, 24.4% last quarter), but the PBT margin compressed to 35.4% from 38.0% YoY (broadly flat versus 35.2% last quarter) — consistent with a business mix shifting from higher-margin proprietary trading toward interest-earning lending.
The stock went into the print at ₹20.48, up 24.9% over the past month of trading.
For context: this is the highest quarterly PAT in the last 6 quarters on our records; PAT has now risen for 5 consecutive quarters; revenue is at a 6-quarter high.
What the summary numbers don't show
Only standalone results filed — associate Purple Advertising Services (33.33% stake, already impaired ₹9 Cr) remains unconsolidated as it is under liquidation
No street estimates or brokerage previews could be located for this stock, and our records carry no prior management guidance or concall commentary to grade this print against — management gives no formal guidance on record. The filing carries no exceptional items and the PBT-to-PAT bridge is clean (current tax ₹6.61 Cr less a deferred tax credit of ₹0.53 Cr). Separately, the company changed statutory auditors ahead of this filing — the previous auditor resigned over fee concerns in July 2026 and Praveen K Srivastava & Co was engaged for this review, which raised no qualifications beyond the existing note on the unconsolidated, already-impaired Purple Advertising Services associate.
W1
Whether interest income (₹50.21 Cr in Q1, from ₹7.41 Cr YoY) keeps scaling or normalizes toward the Q4 FY26 run-rate
W2
PBT margin trajectory — compressed to 35.4% from 38.0% YoY; watch if sale-of-shares income (down 32% YoY to ₹9.35 Cr) stabilizes or keeps declining
W3
Resolution of the already-impaired ₹9 Cr Purple Advertising Services associate investment, which stays unconsolidated while the entity is under liquidation
Only standalone results filed; no consolidated statement (associate Purple Advertising Services is unconsolidated per Ind AS 28, already fully impaired ₹9 Cr in prior years, now under liquidation). This filing's own comparative columns show Q4FY26 revenue ₹70.39 Cr and Q1FY26 revenue ₹21.93 Cr, marginally different from DB-record comparison figures (₹70.40 Cr / ₹21.95 Cr) — likely note-7 regrouping/restatement; PAT figures match DB records exactly. EPS is not annualised. Tax = current tax ₹6.61 Cr less deferred tax credit ₹0.53 Cr, no separate income-tax adjustment line.