Akme Fintrade (India) Ltd

Akme Fintrade (India) Ltd has announced the forfeiture and lapse of 20,00,000 convertible warrants. These warrants were issued under SEBI (Issue of Capital and Disclosure Requirements) Regulations. The company had previously approved the allotment of these warrants to non-promoters at an issue price of ₹111 each, aggregating to ₹22,20,00,000. As the warrant holders failed to pay the remaining 75% of the issue price within the stipulated 18-month period, which ended on July 29, 2026, the warrants have lapsed. Consequently, the upfront subscription amount of 25%, totaling ₹5,55,00,000, has been forfeited. This lapse will not impact the company's paid-up share capital. The matter will be presented to the Board of Directors for a formal resolution.

Akme Fintrade (India) Limited has announced the sanction of a Term Loan amounting to ₹20,00,00,000 (Rupees Twenty Crores) from the Small Industries Development Bank of India (SIDBI). This financial infusion is expected to support the company's growth and operational capabilities. The details of this loan sanction are now on record and also available on the company's official website.

Akme Fintrade (India) Limited has announced a strategic partnership with Shriram General Insurance Company Limited to offer general insurance products. This collaboration aims to expand Akme Fintrade's product portfolio beyond lending services, providing customers with a comprehensive range of insurance solutions through its existing branch network. The partnership is expected to enhance customer convenience, improve insurance accessibility, and promote financial inclusion, particularly in semi-urban and rural markets. The company stated this is in the ordinary course of business and not a material event requiring further disclosure.

Akme Fintrade (India) Limited (AFIL) announced a strong Q1 FY27 performance, with Assets Under Management (AUM) reaching ₹965.07 crore, a 42.96% year-on-year increase. The company reported significant YoY growth across key financial metrics, including a 34.17% rise in Interest Income to ₹41.07 crore and a 20.40% increase in Profit After Tax (PAT) to ₹11.57 crore. Disbursements grew by 19.46% YoY to ₹84.10 crore. AFIL also maintained a robust Capital Adequacy Ratio (CAR) of 46.37%. The company launched 'Akme GreenX' to support green financing initiatives and aims for continued growth by leveraging technology and strengthening its balance sheet.

Akme Fintrade (India) Ltd announced the allotment of 8,200,000 equity shares following the conversion of warrants. This corporate action, approved in a board meeting on July 29, 2026, involved the conversion of 820,000 warrants issued on February 07, 2025. The shares were allotted at an issue price of ₹11.10 each, including a premium of ₹10.10. The company also approved unaudited standalone financial results for the quarter ended June 30, 2026, and disclosed utilization of issue proceeds. Additionally, Mr. Dipesh Jain was appointed Chief Operating Officer, and the company noted its transition to NBFC-ML under RBI's SBR framework.

Akme Fintrade (India) Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026, approved by the Board of Directors based on the Audit Committee's recommendation. The company also disclosed the utilization of issue proceeds for non-convertible securities and preferential issue of warrants, confirming no deviation. Additionally, the Board approved the appointment of Mr. Dipesh Jain as Chief Operating Officer and noted the company's transition from NBFC-BL to NBFC-ML under RBI's SBR framework. The results will be published in newspapers as per regulations.

Akme Fintrade (India) Ltd announced the appointment of Mr. Dipesh Jain as Chief Operating Officer and Senior Management Personnel. The Board of Directors also approved the unaudited standalone financial results for the quarter ended June 30, 2026. The company also disclosed the allotment of 82,00,000 equity shares upon conversion of warrants and noted its transition from NBFC-BL to NBFC-ML under RBI's Scale Based Regulation. The financial results include a Limited Review Report from the Statutory Auditor and disclosures on utilization of issue proceeds.

Akme Fintrade (India) Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results following a recommendation from the Audit Committee. The company also disclosed information regarding the utilization of issue proceeds from non-convertible securities and preferential issue of warrants. Additionally, the company reported the allotment of 82,00,000 equity shares upon conversion of warrants and the appointment of Mr. Dipesh Jain as Chief Operating Officer. Akme Fintrade also noted its transition from NBFC-BL to NBFC-ML under RBI's SBR framework.

Akme Fintrade's standalone total income came in at ₹41.77 Cr, up 30.9% YoY but down 1.9% QoQ, while standalone PAT rose 20.4% YoY to ₹11.57 Cr, down 5.7% sequentially from Q4 FY26's ₹12.27 Cr; basic EPS was ₹0.27 (diluted ₹0.25) against ₹0.29 in Q4 FY26 and ₹0.23 a year ago. Only a standalone statement was filed — there is no consolidated set to reconcile against. Revenue growth is slightly understated on a like-for-like basis: the quarter carried zero contribution from the 'gain/loss on derecognised financial asset' line (assignment/securitisation income), versus ₹1.05 Cr in the year-ago quarter and ₹1.06 Cr in Q4 FY26, a headwind sitting inside both the YoY and QoQ revenue comparisons. No formal management guidance or prior concall commentary is on record for this company, and a web search for analyst previews/consensus estimates found no active brokerage coverage of this quarter, so vsStreet stays unknown rather than assumed. The headline story is margin compression, not the topline. Net profit margin fell to 27.71% (matching the company's own regulatory disclosure) from 30.12% a year ago and 28.81% in Q4 FY26, because finance cost climbed to ₹17.50 Cr — 41.9% of total income versus 35.5% a year ago, a 54.4% YoY jump that outran the 30.9% rise in income. That tracks the company's debt-funded growth: it raised ₹50 Cr via a secured NCD private placement (ISIN INE916Y07081, allotted April 20, 2026) during the quarter, on top of five existing secured NCD series, taking total outstanding listed NCDs to ₹230 Cr. Partly offsetting the finance-cost drag, credit costs improved — impairment/expected credit loss fell to ₹0.85 Cr (2.0% of income) from ₹1.86 Cr (5.8%) a year ago, and Gross/Net Stage-3 stood at 2.91%/1.41%, both comfortably inside the debenture covenant caps of 4%/3%. Alongside the results, the company allotted 1.3 Cr equity shares (₹7.33 Cr) on conversion of outstanding warrants from its two preferential tranches, appointed Dipesh Jain as Chief Operating Officer, and the Board noted the company's transition from NBFC-Base Layer to NBFC-Middle Layer under RBI's Scale Based Regulation framework — consistent with the balance-sheet scale-up visible in this quarter's numbers. Two days before results the company also launched 'AKME GreenX', a green-finance platform, though it shows no financial contribution in this print. Net worth stands at ₹459.0 Cr with CRAR of 46.37% and a debt-equity ratio of 1.16x, leaving headroom for further leveraged growth, but the coming quarters will show whether the newly raised NCD capital converts into loan-book growth fast enough to offset the higher interest bill. No management press release with forward commentary accompanied this filing beyond the factual board-outcome letter, so there is no stated management claim to check the numbers against.

Akme Fintrade (India) Limited, an RBI-regulated NBFC, has partnered with Finayo to launch AKME GreenX, a new Green Finance platform. This platform is dedicated to supporting Electric Mobility and Renewable Energy financing. The company aims to build a ₹200 Crore Green Asset Portfolio over the next two years, with ₹100 Crore allocated for EV Financing and ₹100 Crore for Solar & Distributed Renewable Energy Financing. Over the next five years, the partnership targets a ₹1,000 Crore EV & Solar Financing Portfolio. The initiative leverages Akme Fintrade's lending expertise and Finayo's AI-powered digital platform to offer efficient, technology-driven financing solutions, aiming to boost green finance accessibility and promote the adoption of EVs and renewable energy in India.