Nicco Uco Alliance Credit FY26 loss widens 11% to ₹15.85 cr

FY26 result: losses deepen despite higher income

Nicco Uco Alliance Credit Limited reported a wider standalone net loss for the financial year ended March 31, 2026 (FY26). The company disclosed a net loss of ₹15.85 crore, compared with a loss of ₹14.23 crore in FY25. The FY26 loss figure is also reported as ₹1,585.51 lakh, while the FY25 loss is reported as ₹1,383.18 lakh.

The company’s total income rose during the year, but expenses increased at a faster pace. For FY26, total income was ₹0.4460 crore versus ₹0.1671 crore in FY25. Total expenses climbed to ₹16.3005 crore from ₹14.0991 crore a year earlier. As a result, the gap between income and outgo widened, keeping profitability under pressure.

Annual report filing and disclosure context

The company submitted its annual report to BSE Limited on August 11, 2026. The filing was made pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Separately, the board of directors approved the audited standalone and consolidated financial results for the fourth quarter and fiscal year ended March 31, 2026. This approval took place at a board meeting held on May 19, 2026, as stated in the disclosure.

No dividend recommended for FY26

In view of the loss reported for the year, the Board of Directors did not recommend any dividend for FY26. The company also referenced its inability to recommend dividend in the context of losses.

For shareholders, the no-dividend decision is directly linked to reported losses and the company’s financial position for the year under review, as described in the disclosures.

Key financials: income rises, expenses rise more

The FY26 figures show a clear increase in total income, but total expenses also moved higher. Total income rose to ₹0.4460 crore from ₹0.1671 crore in FY25. Total expenses increased to ₹16.3005 crore from ₹14.0991 crore.

Earnings per share (EPS) reflected the wider loss. Basic and diluted EPS for FY26 was reported at negative ₹1.91, compared with negative ₹1.74 in the prior year.

Q3 FY26: losses widen as finance costs rise

The company also disclosed widening losses for Q3 FY26. For the quarter ended December 31, 2025, net loss increased to ₹4.1172 crore from ₹3.4991 crore in Q3 FY25. Finance costs rose to ₹3.9922 crore from ₹3.3908 crore.

Total income declined sharply in Q3 FY26 to ₹0.0048 crore versus ₹0.0365 crore in Q3 FY25, as per the quarterly performance table provided. The earnings per share for Q3 FY26 was reported at -₹0.50 compared with -₹0.42 in Q3 FY25.

The board approved the unaudited financial results for the quarter ended December 31, 2025 at its meeting held on February 12, 2026.

Share transfer re-lodgement: six-month special window

Apart from financial results, Nicco Uco Alliance Credit published a regulatory notice on re-lodgement of physical share transfer requests. The company provided a special six-month window from July 7, 2025, to January 6, 2026, for shareholders to re-submit previously rejected transfer deeds after rectification.

The notice stated the facility was available exclusively for transfer deeds originally submitted to the company before April 1, 2019, but later rejected or returned due to documentation deficiencies. The disclosure also provided contact channels for shareholder assistance, including the registered address at Nicco House, 2nd Floor, 2, Hare Street, Kolkata-700001, and email IDs nufsical@gmail.com and mdnuacl@gmail.com.

Summary table: FY and Q3 snapshot (all amounts in ₹ crore)

Timeline of key disclosures

Market impact: what the numbers signal

The disclosures show a year-on-year increase in net loss, from ₹14.23 crore in FY25 to ₹15.85 crore in FY26. This widening loss occurred alongside higher total income, which rose to ₹0.4460 crore, but also higher total expenses at ₹16.3005 crore.

Quarterly data for Q3 FY26 indicates that income was low at ₹0.0048 crore while finance costs were ₹3.9922 crore, contributing to a quarterly net loss of ₹4.1172 crore. The EPS deterioration for FY26 to -₹1.91 from -₹1.74 aligns with the increased annual loss.

Analysis: linking quarterly pressure to full-year outcome

Across the disclosures, the company’s financial performance reflects continued losses and a cost structure that outweighed reported income. The FY26 expense base of ₹16.3005 crore versus total income of ₹0.4460 crore provides the context for the board’s decision not to recommend a dividend.

The Q3 FY26 table further highlights pressure from finance costs, which increased year-on-year to ₹3.9922 crore, alongside a significant drop in total income compared with Q3 FY25. These trends, as reported, are consistent with the company’s statement of widening losses.

Conclusion

Nicco Uco Alliance Credit’s FY26 standalone net loss widened to ₹15.85 crore, even as total income increased, because total expenses rose to ₹16.30 crore. The company filed its annual report with BSE on August 11, 2026, and the board did not recommend a dividend for the year. Key future reference points in the disclosures include the board approval dates for quarterly and annual results and the previously announced re-lodgement window for physical share transfer deeds.