Capital India Q1 FY27 Results (NSE: CIFL)
Signal: Loss widened
The read
The key inflection is a standalone recovery—revenue ₹68.99 Cr (+51.7% YoY), EBITDA ₹32.92 Cr (+49.8% YoY) and PAT ₹3.76 Cr versus a prior-year loss—but the group remains structurally weak because consolidated revenue was ₹127.74 Cr (-8.6% YoY), EBITDA was ₹24.68 Cr (-21.1% YoY) and PAT was -₹3.27 Cr.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹127.74 Cr | -8.6% | N/A |
| EBIT | ₹16.89 Cr | -26.8% | |
| Net profit | ₹-3.27 Cr | -14.7% | |
| EPS | ₹-0.08 | -14.3% | |
| EBIT margin | 0% |
P&L walk
Consolidated total income was ₹128.53 Cr with EBITDA of ₹24.68 Cr (-21.1% YoY), EBIT of ₹16.89 Cr (-26.8% YoY) and PAT of -₹3.27 Cr (-14.7% YoY), indicating that subsidiary losses continue to overwhelm the standalone entity's recovery.
Segments
Although no formal segment table is provided, the standalone entity generated ₹3.76 Cr PAT while one subsidiary reported revenue of Rs. 6702.86 Lakhs and a net loss of Rs. 1278.81 Lakhs, making subsidiaries the principal drag on consolidated earnings.
Key positives
- Standalone revenue rose 51.7% YoY to ₹68.99 Cr and standalone EBITDA rose 49.8% YoY to ₹32.92 Cr.
- Standalone PAT turned positive at ₹3.76 Cr from the prior-year loss base, while standalone EBIT increased 52.7% YoY to ₹30.03 Cr.
- The company received approval to raise up to INR 300,00,00,000 through secured or unsecured debt securities, subject to shareholder and regulatory approvals.
Key concerns
- Consolidated revenue declined 8.6% YoY to ₹127.74 Cr and consolidated EBITDA fell 21.1% YoY to ₹24.68 Cr.
- Consolidated PAT remained negative at -₹3.27 Cr, despite the standalone entity reporting ₹3.76 Cr profit, showing that subsidiary losses are still absorbing parent-level earnings.
- The filing does not disclose core NBFC trajectory KPIs such as AUM growth, NIM, GNPA, NNPA, credit cost, cost-to-income or capital adequacy.
Research and educational content only. Not investment advice.