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Fintech & Startups · Daily brief

BSE-listed non-banking financial company (NBFC) JMJ Fintech Limited has announced its financial results for the first quarter of FY27 (Q1 FY27 ended June 30, 2026).

The lender reported a 72.48% year-on-year (YoY) surge in net profit to ₹1.97 crore, up from ₹1.14 crore recorded in the corresponding quarter of the previous fiscal year.

FINSAMUDRA DESK · 17 Aug 2026, 4:36 pm IST · 1 MIN

72.48% year-on-year (YoY) surge in net profitJMJ Fintech Limited
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Total Assets Under Management (AUM) expanded 82.11% YoY to reach ₹78.23 crore, while total revenue for the quarter grew to ₹5.36 crore (+5.7% YoY).

Alongside its quarterly earnings performance, JMJ Fintech announced strategic developments spanning digital origination and capital raising:

  • Launch of "Moneybro" Platform: As part of its digital transformation strategy, the company launched its proprietary tech-driven lending platform, Moneybro, transitioning manual branch-based onboarding into digital-first credit delivery.
  • Equity & NCD Fundraising Mandate: The board approved plans to raise fresh growth capital through a preferential allotment of up to 1.6 million equity shares alongside ₹2 crore in Non-Convertible Debentures (NCDs) to support upcoming quarterly loan disbursements.

    Financial & Industry Outlook

For emerging micro-cap NBFCs, scaling balance-sheet assets while driving operating leverage depends heavily on digital origination efficiency.

Transitioning toward proprietary digital lending platforms enables regional lenders to lower customer acquisition costs (CAC), expand distribution reach, and improve net profit margins while maintaining double-digit AUM growth.


Sources


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