Sammaan Capital (formerly Indiabulls Housing Finance) reported its Q2 FY26 results, showing a ₹308.47 crore profit. The board approved a preferential issue of equity shares and warrants to Avenir Investment RSC Ltd, totaling approximately ₹8,849.99 crore, pending shareholder and regulatory approvals. The company is categorized as an Upper Layer NBFC by the RBI, with this issue aiming to strengthen its capital base.
Financial Performance Overview
Sammaan Capital, formerly known as Indiabulls Housing Finance Limited, has announced its unaudited consolidated financial results for Q2 FY26. Key highlights include a profit of ₹308.47 crore attributable to shareholders, with total revenue from operations reaching ₹2,250.60 crore. The company’s financials also reveal impairment on financial instruments stood at ₹229.03 crore for the quarter.
Key Financial Metrics
Here’s a closer look at Sammaan Capital’s consolidated financial performance for Q2 FY26:
- Revenue from Operations: ₹2,250.60 crore
- Profit for the Period: ₹308.47 crore
- Finance Costs: ₹1,286.00 crore
Equity and Warrant Issuance
Sammaan Capital’s Board approved a preferential issue of equity shares and warrants to Avenir Investment RSC Ltd, potentially raising approximately ₹8,849.99 crore. This move awaits shareholder and regulatory clearances, and will be executed under compliance standards. The issuance aims to bolster the company’s capital reserves for future operations.
Other Key Highlights
Additional noteworthy updates from the announcement include:
- RBI Categorization: The Reserve Bank of India categorizes the company as an Upper Layer NBFC, influencing regulatory compliance.
- Scheme of Merger: The scheme of merger of Transferor Companies with the Company is pending before the NCLT, Delhi.
Source: BSE