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TiE Delhi-NCR and Binary Semantics unveil startup CFO Awards
Mumbai: TiE Delhi-NCR, in collaboration with a global technology company, Binary Semantics recently announced the first edition of the Annual Startup CFO Awards. This groundbreaking initiative I aimed at celebrating the exceptional achievements of chief financial officers (CFOs) in the startup ecosystem. The awards aim to acknowledge these trailblazers whose transformative leadership reshapes the trajectory of modern Startups.
CFOs today transcend conventional boundaries. The CFO roles today have it all – the dynamic acumen of an entrepreneur and a strategic mindset driving them to navigate evolving market space. It is paramount to recognize and celebrate the exceptional contributions of CFOs. These visionary leaders emerge as the face of innovation drivers of India, propelling organizational success to unprecedented heights.
Binary Semantics Growth and Strategy Leader Srijan Choudhary said,
“India’s entrepreneurial growth story needs their continued focus on harnessing technology to build strong, sustainable startup ecosystems. At Binary Semantics along with TiE Delhi-NCR, we are proud to be part of the transformative journey of acknowledging and honouring the visionary CFOs shaping India’s entrepreneurial terrain.”
Highlighting their significant contributions to India’s entrepreneurial landscape, the awards will recognize CFOs across 8 categories: 1. Energy, Infrastructure and Cleantech Startup CFO of the year; 2. Manufacturing Startup CFO of the year; 3. Pharma, Chemicals & Biotech Startup CFO of the year; 4. Consumer Products, E-commerce Startup CFO of the year; 5. Logistics Startup CFO of the year; 6. Digital Innovation Startup CFO of the year; 7. Financial Management & Reporting Excellence Startup CFO of the year; 8. Governance and Compliance Excellence Startup CFO of the year.
Talking about the awards TiE Delhi-NCR & CEO, president Alok Mittal stated, “TiE Delhi-NCR is proud to unveil the Startup CFO Awards in collaboration with Binary Semantics at TiEcon Delhi 2024. This initiative exemplifies our commitment to recognizing and honouring the unsung heroes and leaders who contribute to a venture’s success. The Startup CFO Awards aim to shine a spotlight on the financial architects behind startup triumphs. TiEcon Delhi 2024 will serve as a convergence for industry leaders, entrepreneurs, and innovators, providing a platform for collaboration, knowledge sharing, and celebration. We invite the entire entrepreneurial community to join us on this remarkable journey of acknowledging excellence, innovation, and sustainable growth.”
The distinguished panel of experts comprising the jury for evaluation of the entries includes Mandeep Mehta – Group CFO, PB Fintech; Mayank Gupta – CFO, CarDekho; Rohit Sabherwal – Founder & Managing Partner, Integra Solutions LLP; Siddhartha Khaitan, CFO – ESME Consumer P Ltd . The awards provide a unique opportunity for industry recognition, networking with senior business leaders, and sharing success stories. Shortlisted applicants will receive a 6-month subscription to GSTrobo – GST Compliance, return filing and Reconciliation, e-invoicing and e-way bill solution courtesy of Binary Semantics.
TiEcon Delhi 2024, themed the New Bharat: Confident, Bold, Inclusive will be a hub for networking, funding and learning. It will witness the convergence of industry leaders, entrepreneurs, and finance professionals. The Startup CFO Awards add a unique dimension to the event, recognizing key players in financial leadership driving innovation and economic growth while underscoring TiE Delhi-NCR’s commitment to fostering excellence and innovation in entrepreneurship.
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Bajaj Consumer Care FY26 profit rises to Rs 193.7 crore
Revenue climbs to Rs 1,092 crore as profit grows 49 per cent YoY
MUMBAI: Hair today, growth tomorrow Bajaj Consumer Care Limited seems to have found its shine again, posting a sharp jump in profitability even as it doubled down on brand spends and expansion. The company reported a net profit of Rs 193.7 crore for FY26, marking a strong 49 per cent rise from Rs 130.1 crore in FY25. Revenue from operations also grew to Rs 1,092.2 crore, up from Rs 942.8 crore a year earlier, signalling steady demand momentum across its portfolio.
For the March quarter, profit stood at Rs 64.1 crore, compared to Rs 31.5 crore in the corresponding period last year, while revenue rose to Rs 308.3 crore from Rs 243.5 crore.
The performance came despite a notable increase in spending. Advertising and sales promotion expenses climbed to Rs 168.3 crore in FY26, up from Rs 137.8 crore in FY25, reflecting continued investment in brand building. Other expenses also rose to Rs 151.3 crore from Rs 134.2 crore, indicating a broader push towards growth.
Operating efficiency, however, held firm. Profit before tax increased to Rs 234.8 crore in FY26 from Rs 157.7 crore a year earlier, supported by disciplined cost management across materials and inventory.
On the balance sheet, the company’s total assets expanded to Rs 959.1 crore as of March 31, 2026, compared to Rs 931.9 crore a year earlier. Other equity rose to Rs 780.3 crore, reinforcing a stronger financial base.
Cash flow from operations saw a significant uptick, reaching Rs 196.9 crore in FY26, nearly three times the Rs 67.9 crore recorded in FY25, highlighting improved working capital management.
However, the year also saw aggressive capital allocation. The company spent Rs 190.2 crore on share buybacks, contributing to a net cash outflow of Rs 196.5 crore from financing activities. Cash and cash equivalents stood at Rs 6.8 crore at the end of the year, down from Rs 25.6 crore.
Even as investments in subsidiaries and assets continued, the numbers suggest a company balancing growth ambitions with shareholder returns keeping one eye on expansion and the other on efficiency.
With margins improving and revenue steadily climbing, Bajaj Consumer Care appears to be combing through the competition with renewed confidence.
