KJMC Financial Services Ltd

KJMC Financial Services Limited announced that Suhas Sahakari has ceased to be an Independent Director of the company upon completion of his two-year tenure, effective August 09, 2026.

KJMC Financial Services Ltd share price dropped 6.18% to Rs 51.6 after the company's net profit witnessed a sharp fall of 788.46% to Rs 1.79 crore, while revenue from operations increased sharply by 288.51% to Rs 3.38 crore in Q2FY26 over Q1FY26. The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 18.21 lakh crore, rising 6.12%. It has improved by 4.77% over last one week and heading higher by 10.67% in last one month while the market capitalization of KJMC Financial Services Ltd has eased by 1.79% and 5.76% in the same period respectively. Profit before tax (PBT) of KJMC Financial Services Ltd stood at Rs 2.44 crore in Q2 FY26, expanding by 70.63% year-on-year, and crashing by 1076.00% quarter-on-quarter. EBITDA came in at Rs 2 crore, surging by 76.64% YoY and nosediving by 1068.00% sequentially. Total expenses dropped by 15.13% to Rs 1.01 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 0.26 crore, registering a growth of 8.33% YoY. For the TTM ended FY26, revenue from operations inched higher 6.26% to Rs 4.92 crore, while net profit eased 4.17% to Rs 0.92 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 58% to Rs 0.86 crore, and PBT saw a marginal contraction of 8.39% to Rs 1.31 crore compared to previous TTM. KJMC Financial Services Ltd crashed 40.48% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.20% during the same period.

Okay, let's break down the information provided in these documents. This appears to be a collection of disclosures from KJMC Financial Services Limited, a Non-Banking Financial Company (NBFC), related to board appointments, auditor changes, and committee reconstitutions. Here's a summary, organized by topic, with key takeaways: **1. Auditor Appointment (TLB & Co.)** * **New Auditor:** KJMC Financial Services has re-appointed M/s. TLB & Co. Chartered Accountants as their Statutory Auditor. * **Term:** The appointment is for a first term of 4 years, ending at the conclusion of the 42nd Annual General Meeting. * **Firm Details:** TLB & Co. is a registered Chartered Accountant firm with a peer-reviewed audit status. They offer a range of services including audit, taxation, advisory, and corporate finance. **2. Board Appointments & Re-Appointments** * **Shyam Ramsharan Khandelwal:** Re-appointed as an Independent Non-Executive Director for a further term of five years. * **Rajnesh Jain:** Re-appointed as a Whole-Time Director for a further period of three years. * **Ramesh Chandra Jain:** Appointed as an Independent Non-Executive Director for a term of five years. * **Suhas Sahakari:** Stepped down from the Board on August 9, 2026. **3. Committee Reconstitutions** * **Audit Committee:** * Ramesh Chandra Jain has been appointed as a member (w.e.f. August 10, 2026). * Suhas Sahakari stepped down from the committee on August 9, 2026. * **Nomination & Remuneration Committee:** * Shyam Ramsharan Khandelwal has been appointed as Chairman (w.e.f. August 10, 2026). * Ramesh Chandra Jain has been appointed as a member (w.e.f. August 10, 2026). **4. Relationships (Disclosure of Interests)** * For all newly appointed or re-appointed directors, it's explicitly stated that they are not related to any other directors and are not debarred from holding office. * **Rajnesh Jain's Relationships:** He has relationships with his brother (Girish Jain) and wife (Shraddha Jain), who are also directors. * **Rajnesh Jain's Shareholding:** He holds 6,05,168 (12.65%) Equity Shares of the Company. **Key Points & Regulatory Context** * **Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015:** These disclosures are being made in compliance with this regulation, which mandates companies to inform the stock exchanges about material events. * **Independent Directors:** The appointments and re-appointments of independent directors are crucial for corporate governance and ensuring objectivity in decision-making. * **Audit Committee:** The Audit Committee plays a vital role in overseeing the company's financial reporting and audit processes. * **Shareholding Disclosure:** The disclosure of Rajnesh Jain's shareholding is important for transparency and to provide investors with information about ownership structure. Let me know if you'd like me to elaborate on any specific aspect or have further questions!

KJMC Financial Services Limited will hold a board meeting on Wednesday, August 05, 2026, to consider the approval of unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with a limited review report, and to consider a proposal for raising funds through Non-Convertible Debentures and/or other market-linked debentures or securities on a private placement basis.

Net Loss of KJMC Financial Services reported to Rs 0.28 crore in the quarter ended March 2026 as against net loss of Rs 0.48 crore during the previous quarter ended March 2025. Sales rose 1640.00% to Rs 0.87 crore in the quarter ended March 2026 as against Rs 0.05 crore during the previous quarter ended March 2025. For the full year,net profit rose 101.18% to Rs 1.71 crore in the year ended March 2026 as against Rs 0.85 crore during the previous year ended March 2025. Sales rose 32.11% to Rs 6.50 crore in the year ended March 2026 as against Rs 4.92 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales0.870.05 1640 6.504.92 32 OPM %24.14-780.00 -59.0843.70 - PBDT-0.12-0.46 74 2.961.75 69 PBT-0.25-0.57 56 2.501.31 91 NP-0.28-0.48 42 1.710.85 101 Powered by Capital Market - Live

KJMC Financial Services announced that the Board of Directors of the Company at its meeting held on 29 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

KJMC Financial Services will hold a meeting of the Board of Directors of the Company on 29 May 2026.

KJMC Financial Services announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 2 May 2026.

KJMC Financial Services will hold a meeting of the Board of Directors of the Company on 13 February 2026.Powered by Capital Market - Live

Net profit of KJMC Financial Services declined 10.81% to Rs 0.66 crore in the quarter ended September 2025 as against Rs 0.74 crore during the previous quarter ended September 2024. Sales declined 22.28% to Rs 1.57 crore in the quarter ended September 2025 as against Rs 2.02 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1.572.02 -22 OPM %59.2467.33 - PBDT0.961.28 -25 PBT0.861.17 -26 NP0.660.74 -11 Powered by Capital Market - Live