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Latest filing: 2026-09-17 19:28
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15 announcements match the current filters (relevance ≥ 5).
Shalibhadra Finance Approves ₹20 Cr NCD Issuance via Private Placement
The Board of Directors of Shalibhadra Finance Limited approved the issuance of senior, secured, rated, listed, redeemable, non-convertible debentures (NCDs) aggregating up to ₹20 crore on a private placement basis. The proposed NCDs are slated to be listed on BSE Limited. Specific terms such as coupon rate, tenure, and security charge will be determined in subsequent transaction documents. Relative to the company's Q1 FY27 revenue of ₹11.09 crore, this borrowing represents an impactful capital infusion to support NBFC loan book growth.
Confidence: HIGH
What changedThe Board approved a debt fundraise of up to ₹20 crore via private placement of secured NCDs.
Why it mattersProvides fresh leverage to expand lending operations, though borrowing costs will depend on the final coupon rate and credit rating.
Issue Size: Up to INR 20,00,00,000/-Quarterly Revenue (Jun 2026): ₹11.09 crIssue Size vs Q1 Revenue: ~180%
📅 Short termNeutral until pricing, coupon rate, and placement details are finalized and subscribed.
📈 Long termEnables balance sheet expansion and lending growth for the NBFC, subject to interest margin management.
⚠ Risk flags
- Increased debt servicing obligations
- Interest rate/coupon details not disclosed in current filing
Key Highlights
Approved issuance of NCDs of aggregate nominal value up to ₹20,00,00,000
NCDs will be senior, secured, rated, listed, redeemable, and transferable
Proposed to be listed on BSE Limited via private placement
Coupon rate, maturity, and allotment dates to be detailed in future transaction documents
👀 What to Watch
Track subsequent filings disclosing the coupon rate, maturity tenure, credit rating, and final allotment dates of the NCDs.
Shalibhadra Finance Enters Used Commercial Vehicle Financing; Existing AUM at ₹220+ Cr
Shalibhadra Finance Limited announced the launch of its Used Commercial Vehicle (UCV) financing division, offering purchase financing and refinancing for rural entrepreneurs. The company currently manages an AUM of over ₹220 crore across an active customer base exceeding 1 lakh borrowers. This product addition aims to drive portfolio diversification and capture higher-yielding credit opportunities in rural logistics.
Confidence: HIGH
What changedShalibhadra Finance added Used Commercial Vehicle financing to its existing retail lending portfolio.
Why it mattersProvides a new growth vertical in high-yield rural logistics lending to complement its existing two-wheeler, car, and personal loan books.
Current AUM: ₹220+ croresActive customer base: > 1 LakhRevenue (Jun 2026 Qtr): ₹11.09 crNet profit (Jun 2026 Qtr): ₹4.91 cr
📅 Short termIncremental operational setup over coming weeks with negligible immediate impact on near-term quarterly financials.
📈 Long termIf scaled prudently, UCV financing can support multi-year AUM growth and improve overall portfolio yields in underserved markets.
⚠ Risk flags
- Credit and default risk linked to rural cash-flow cycles and used vehicle valuation
- Execution and collection risks during scale-up of a new lending vertical
Key Highlights
Launched Used Commercial Vehicle (UCV) financing covering purchase loans and working capital refinancing
Current Assets Under Management (AUM) stands at ₹220+ crores
Active customer base exceeds 1 lakh across rural and semi-urban regions
Reported Q1 Jun 2026 revenue of ₹11.09 crore and net profit of ₹4.91 crore
👀 What to Watch
Track upcoming quarterly filings to monitor loan disbursement velocity, AUM accretion from UCV financing, and credit costs/NPA trends in this new book.
Shalibhadra Finance Recommends ₹0.50/Share Final Dividend; Total Outgo ₹1.54 Cr
The Board of Directors of Shalibhadra Finance Limited recommended a final dividend of ₹0.50 per equity share (face value ₹10 each) for FY 2025-26, amounting to a total payout of ₹1.54 crore across 3.09 crore equity shares. The 35th Annual General Meeting (AGM) is scheduled for September 30, 2026, via Video Conferencing. The record date for determining dividend eligibility and e-voting is set for September 23, 2026. Additionally, M/s. JSD & Associates was appointed as Secretarial Auditor for a 5-year term from FY27 to FY31.
Confidence: HIGH
What changedBoard recommended a final dividend of ₹0.50 per share for FY26 and set AGM/book closure dates.
Why it mattersProvides cash return to shareholders with a total distribution of ₹1.54 crore, representing normal capital return from operational earnings.
Final Dividend per Share: Rs. 0.50Total Dividend Payout: Rs. 1,54,44,200Total Equity Shares: 3,08,88,400Record Date: 23rd September, 2026AGM Date: 30th September, 2026
📅 Short termEx-dividend adjustments will reflect around the record date of September 23, 2026, pending AGM approval.
📈 Long termLimited; routine corporate governance and annual dividend distribution.
⚠ Risk flags
- Subject to shareholder approval at the ensuing AGM
Key Highlights
Recommended final dividend of ₹0.50 per equity share (FV ₹10) for FY ended March 31, 2026
Total dividend payout stands at ₹1,54,44,200 on 3,08,88,400 equity shares
Record date fixed as September 23, 2026, for dividend entitlement and AGM voting cut-off
35th AGM scheduled on September 30, 2026; register of members closed from Sept 24 to Sept 30, 2026
Appointed M/s. JSD & Associates as Secretarial Auditor for a 5-year term (FY 2026-27 to FY 2030-31)
👀 What to Watch
Track the ex-dividend date around September 22-23, 2026, and shareholder approval during the AGM on September 30, 2026.
Shalibhadra Finance Recommends ₹0.50/Share Final Dividend; Sets Record Date as Sep 23, 2026
Shalibhadra Finance Limited's Board of Directors has recommended a final dividend of ₹0.50 per equity share (face value ₹10) for FY26, amounting to a total payout of ₹1.54 crore across 3,08,88,400 shares. The record date to determine shareholder eligibility for the dividend and e-voting cutoff is September 23, 2026. The 35th Annual General Meeting (AGM) is scheduled for September 30, 2026. Additionally, the company appointed M/s. JSD & Associates as Secretarial Auditor for a 5-year term from FY26-27 to FY30-31.
Confidence: HIGH
What changedBoard recommended a ₹0.50/share dividend for FY26 and proposed appointment of JSD & Associates as Secretarial Auditor for 5 years.
Why it mattersProvides a cash return of ₹1.54 crore to shareholders and establishes compliance and audit oversight for the upcoming 5 fiscal years.
Dividend per share: ₹0.50Total dividend payout: ₹1,54,44,200Total eligible shares: 3,08,88,400Record date: September 23, 2026AGM date: September 30, 2026
📅 Short termShareholders holding shares before the record date of September 23, 2026 will be eligible for the ₹0.50 per share payout upon AGM approval.
📈 Long termLimited; routine annual compliance, AGM scheduling, and dividend distribution.
Key Highlights
Recommended final dividend of ₹0.50 per equity share of ₹10 face value for FY26
Total dividend payout amounts to ₹1,54,44,200 on 3,08,88,400 equity shares
Record date for dividend entitlement and AGM e-voting cut-off set for September 23, 2026
35th AGM to be held on September 30, 2026 via video conferencing
M/s. JSD & Associates appointed as Secretarial Auditor for a 5-year term (FY 2026-27 to 2030-31)
👀 What to Watch
Track the ex-dividend date around September 23, 2026, and the upcoming voting outcome at the AGM on September 30, 2026.
Shalibhadra Finance Recommends ₹0.50/Share Dividend; Sets Record Date as Sep 23, 2026
Shalibhadra Finance Limited's Board of Directors has recommended a final dividend of ₹0.50 per equity share of face value ₹10 for the financial year ended March 31, 2026. The total dividend outgo will amount to ₹1.54 crore across 3,08,88,400 shares, subject to shareholder approval. The company has fixed September 23, 2026, as the record date to determine eligible shareholders. Additionally, the 35th Annual General Meeting (AGM) is scheduled for September 30, 2026.
Confidence: HIGH
What changedThe Board approved a final dividend of ₹0.50 per share and scheduled the AGM and record dates.
Why it mattersRepresents cash return to shareholders with an aggregate outflow of ₹1.54 crore.
Dividend per share: Rs. 0.50Total dividend payout: Rs. 1,54,44,200Total share count: 3,08,88,400Record date: 23-Sep-2026AGM date: 30-Sep-2026
📅 Short termThe stock is likely to trade ex-dividend leading up to the record date of September 23, 2026.
📈 Long termLimited; routine corporate governance and annual dividend distribution.
Key Highlights
Recommended final dividend of ₹0.50 per equity share (face value ₹10) for FY26
Total dividend payout stands at ₹1,54,44,200 across 3,08,88,400 equity shares
Record date for dividend entitlement and AGM e-voting cut-off set for September 23, 2026
35th AGM scheduled for September 30, 2026, with remote e-voting from September 27 to September 29, 2026
Appointed M/s. JSD & Associates as Secretarial Auditor for a 5-year term (FY 2026-27 to FY 2030-31)
👀 What to Watch
Track the ex-dividend date (prior to September 23, 2026) for dividend eligibility and shareholder approval at the AGM on September 30, 2026.
Shalibhadra Finance Recommends ₹0.50/Share Final Dividend; Total Outgo ₹1.54 Cr
Shalibhadra Finance Limited has recommended a final dividend of ₹0.50 per equity share of face value ₹10 for FY2025-26. The total dividend outgo will stand at ₹1.54 crore across 3,08,88,400 shares. The record date to determine eligible shareholders has been fixed as September 23, 2026. Additionally, the company scheduled its 35th AGM for September 30, 2026, and approved the appointment of M/s. JSD & Associates as Secretarial Auditor for 5 years.
Confidence: HIGH
What changedThe Board approved the FY26 final dividend of ₹0.50 per share and scheduled AGM details and record dates.
Why it mattersRepresents cash distribution to shareholders amounting to ₹1.54 crore, reflecting steady return of capital relative to recent quarterly net profits (₹4.91 crore in Q1 FY27).
Dividend per share: ₹0.50Total dividend payout: ₹1,54,44,200Total shares eligible: 3,08,88,400Record date: 23rd September, 2026AGM date: 30th September, 2026
📅 Short termTrading around the record date of September 23, 2026 will reflect the dividend entitlement.
📈 Long termLimited; routine annual dividend declaration consistent with standard corporate governance and capital return practices.
⚠ Risk flags
- Subject to shareholder approval at the ensuing AGM
Key Highlights
Board recommended final dividend of ₹0.50 per share (5% of face value ₹10)
Total dividend payout amounts to ₹1,54,44,200 (₹1.54 cr) on 3,08,88,400 equity shares
Record date for dividend entitlement and AGM e-voting set for September 23, 2026
35th Annual General Meeting scheduled for Wednesday, September 30, 2026
M/s. JSD & Associates appointed Secretarial Auditor for 5 years (FY 2026-27 to 2030-31)
👀 What to Watch
Track the ex-dividend date around September 22-23, 2026, and shareholder approval at the upcoming AGM on September 30, 2026.
ICRA Assigns & Reaffirms [ICRA]BBB- (Stable) Rating for ₹80 Cr Debt of Shalibhadra Finance
ICRA Limited has assigned a [ICRA]BBB- (Stable) rating to Shalibhadra Finance's fresh ₹20.00 crore Non-Convertible Debentures (NCDs). Additionally, ICRA reaffirmed the [ICRA]BBB- (Stable) rating for existing ₹20.00 crore NCDs and ₹40.00 crore long-term bank lines. In total, rated debt instruments across NCDs and bank credit facilities stand at ₹80.00 crore. The affirmation reflects stable operational credit quality at the minimum investment-grade threshold.
Confidence: HIGH
What changedICRA assigned a BBB- (Stable) credit rating to an additional ₹20.00 crore NCD issuance and reaffirmed the rating on ₹60.00 crore existing borrowing lines.
Why it mattersMaintaining an investment-grade rating allows the NBFC to raise market borrowings and bank lines to support its lending book, though BBB- remains at the lowest tier of investment grade.
Total rated debt amount: ₹80.00 crFresh NCD rated amount: ₹20.00 crReaffirmed bank lines: ₹40.00 crCredit rating & outlook: [ICRA]BBB- (Stable)
📅 Short termNeutral impact expected on the stock as the rating action reflects routine surveillance and an unvaried rating grade.
📈 Long termThe company's ability to lower its cost of capital will depend on future credit rating upgrades above the BBB- threshold as loan book expansion continues.
⚠ Risk flags
- Rating of BBB- is at the lower boundary of investment grade, making debt costs sensitive to credit profile changes.
- Unallocated bank limits of ₹25.50 crore pending tie-up with lenders.
Key Highlights
Fresh rating of [ICRA]BBB- (Stable) assigned to ₹20.00 crore Non-Convertible Debentures.
Rating reaffirmed at [ICRA]BBB- (Stable) for existing ₹20.00 crore NCDs.
Rating reaffirmed at [ICRA]BBB- (Stable) for ₹40.00 crore long-term fund-based bank lines.
Total debt facilities rated by ICRA stand at ₹80.00 crore across four banks and unallocated limits.
👀 What to Watch
Track the deployment and cost of funds for the newly rated ₹20.00 crore NCD programme, alongside quarterly asset quality and borrowing spreads.
Shalibhadra Finance Q1 Net Profit up 7.4% YoY to ₹4.91 Cr; Revenue grows 17% YoY
Shalibhadra Finance reported a steady performance for Q1 FY27, with revenue from operations growing 17.1% YoY to ₹11.09 crore. Net profit increased by 7.4% YoY to ₹4.91 crore, although it saw a marginal sequential decline from ₹5.13 crore in the preceding March quarter. The company maintains a very conservative leverage profile with a debt-equity ratio of 0.34 and a healthy net worth of ₹177.45 crore. Additionally, the company confirmed the full utilization of ₹19.50 crore raised via Non-Convertible Debentures (NCDs) in April 2026 for its business operations.
Confidence: HIGH
What changedThe company released its unaudited financial results for the first quarter of FY27 and confirmed the successful utilization of debt capital raised earlier in the year.
Why it mattersThe results demonstrate consistent growth in the company's core retail finance business while maintaining high operating margins and a strong balance sheet with low leverage.
Revenue from Operations (Q1 FY27): ₹1,109 LakhsNet Profit (Q1 FY27): ₹491 LakhsNet Worth: ₹177.45 CrDebt-Equity Ratio: 0.34NCD Fundraise vs Net Worth: ~11%Operating Margin: 75.47%
📅 Short termThe steady YoY growth in both top and bottom lines is likely to be viewed positively by the market, supporting the current stock price levels.
📈 Long termThe company's low leverage and high margins suggest a sustainable business model, though long-term growth will depend on its ability to scale the retail finance book beyond its current niche.
⚠ Risk flags
- Concentration risk as the company operates in only one major segment (Retail Finance)
- Slight sequential (QoQ) decline in net profit
Key Highlights
Revenue from operations grew 17.1% YoY to ₹1,109 lakhs from ₹947 lakhs in the previous year's quarter.
Net profit for the quarter stood at ₹491 lakhs, representing a 7.4% growth over the ₹457 lakhs reported in Q1 FY26.
Operating margins remained robust at 75.47%, reflecting efficient management of the retail finance book.
The company successfully raised and fully utilized ₹19.50 crore through private placement of NCDs on April 10, 2026.
Debt-Equity ratio remains low at 0.34, providing significant headroom for future borrowing and expansion.
👀 What to Watch
Investors should monitor the deployment of the newly raised NCD funds and its impact on the Net Interest Margin (NIM) in the coming quarters, as well as the stability of asset quality in the retail finance segment.
Promoter Group Member Ayushi Doshi Acquires 1,00,000 Shares of Shalibhadra Finance
Ayushi Doshi, a member of the promoter group at Shalibhadra Finance Limited, has acquired 1,00,000 equity shares through a market purchase on June 5, 2026. The transaction was valued at approximately ₹82.95 lakhs, increasing her individual stake from 2.44% to 2.77%. This insider buying activity represents a 0.33% increase in her total holding, which now stands at 8,54,100 shares.
Key Highlights
Acquisition of 1,00,000 equity shares by promoter group member Ayushi Doshi.
Total transaction value amounted to ₹82,94,696.12 excluding taxes and brokerage.
Individual shareholding increased from 7,54,100 shares (2.44%) to 8,54,100 shares (2.77%).
The purchase was executed via an open market transaction on the BSE.
Disclosure filed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
👀 What to Watch
Promoter group buying is generally a sign of confidence in the company's valuation and future prospects; investors should monitor if this trend of insider accumulation continues.
Promoter Group Member Ayushi Doshi Acquires 1,00,000 Shares of Shalibhadra Finance
Ayushi Doshi, a member of the promoter group of Shalibhadra Finance Limited, purchased 1,00,000 equity shares via a market transaction on June 5, 2026. The acquisition was valued at approximately ₹82.95 lakhs. This transaction has increased her total shareholding in the company from 2.44% (7,54,100 shares) to 2.77% (8,54,100 shares). Such insider buying is typically interpreted as a sign of confidence in the company's future performance.
Key Highlights
Acquisition of 1,00,000 equity shares by promoter group member Ayushi Doshi on June 5, 2026.
Total transaction value amounted to ₹82,94,696.12, excluding taxes and brokerage.
The promoter group member's stake increased from 2.44% to 2.77% post-acquisition.
The trade was executed on the BSE through a market purchase.
Disclosure filed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
👀 What to Watch
Investors should take note of this insider buying as a positive signal of promoter confidence. It is advisable to monitor if other promoter members are also increasing their stakes while reviewing the company's quarterly financial growth.
Shalibhadra Finance FY26 PAT Rises 21.67% to ₹19.48 Cr; Targets ₹500 Cr AUM by FY29
Shalibhadra Finance reported a strong FY26 with AUM growing 25% YoY to ₹220 crores and PAT increasing to ₹19.48 crores. The company maintains an exceptionally high CRAR of 78.28%, providing significant headroom for growth without equity dilution until AUM reaches ₹1,000 crores. Under its 'Shalibhadra 2.0' strategy, the firm is diversifying from vehicle finance into Micro-LAP and home loans, aiming for ₹500 crores AUM by FY29. Asset quality remains stable with GNPA at 2.94% and a nearly 100% secured loan book.
Key Highlights
AUM grew 25% YoY to ₹220 crores in FY26, with a long-term target of ₹500 crores by FY29.
Reported a PAT of ₹19.48 crores with a robust Return on Assets (ROA) of 8.65% and ROE of 11.33%.
Capital Adequacy Ratio (CRAR) stands at 78.28%, ensuring no equity dilution is needed for the foreseeable future.
Plans to expand branch network from 61 to 100 by FY27, entering new markets like Karnataka and Goa.
Shift in product mix towards Micro-LAP and Home Loans is expected to contribute ₹200 crores to the AUM by FY29.
👀 What to Watch
Investors should focus on the company's ability to maintain asset quality while scaling into new segments like LAP and Home Loans. The high capital adequacy and lack of dilution risk provide a strong safety margin for long-term growth.
Shalibhadra Finance FY26 AUM Hits ₹220 Cr; Targets ₹500 Cr AUM by FY29
Shalibhadra Finance Limited (SFL) reported a strong performance for FY26, with Assets Under Management (AUM) reaching ₹219.66 Cr and a Profit After Tax (PAT) of ₹19.48 Cr. The company maintains an industry-leading ROA of 8.65% and a robust Capital Adequacy Ratio (CRAR) of 78.28%, indicating significant headroom for growth. Asset quality remains healthy with GNPA at 2.94% and NNPA at 1.17%. Management has launched 'Shalibhadra 2.0', aiming to scale AUM to ₹500 Cr by FY29 through geographic expansion and new product launches like Home and Tractor loans.
Key Highlights
AUM grew to ₹219.66 Cr in FY26, driven by a 77.42% growth in the portfolio since FY23.
Maintained high profitability with a PAT margin of 47.40% and an ROE of 11.33%.
Asset quality remains stable with NNPA at 1.17% and a strong Provision Coverage Ratio of 77.39%.
Extremely low leverage with a Debt/Equity ratio of 0.29x and a net worth of ₹172 Cr.
Strategic roadmap to expand branch network from 61 to 100+ locations to support the ₹500 Cr AUM target.
👀 What to Watch
Investors should focus on the company's execution of its 'Shalibhadra 2.0' strategy and its ability to maintain high yields as it diversifies into Home and Tractor loans. The high capital adequacy provides a unique advantage for rapid, non-dilutive growth.
Shalibhadra Finance FY26 PAT up 21.7% to ₹19.5 Cr; AUM Grows 24.8% to ₹219.7 Cr
Shalibhadra Finance reported a robust FY26 performance with AUM growing 24.8% YoY to ₹219.66 crores and PAT increasing 21.7% to ₹19.48 crores. Despite a slight compression in Net Interest Margins (NIM) to 18.17%, the company maintained a high Return on Assets (ROA) of 8.65%. Asset quality saw a marginal uptick in stress with NNPA rising to 1.17% from 0.74% YoY. The company is well-capitalized with a CRAR of 78.28% and has set an ambitious target to reach ₹500 crore AUM by FY29 through geographic and product expansion.
Key Highlights
AUM grew by 24.81% YoY to ₹219.66 crores, supported by a retail-focused rural lending model.
Profit After Tax (PAT) increased by 21.67% YoY to ₹19.48 crores with a strong ROA of 8.65%.
Management targets ₹500 crore AUM by FY29, involving an expansion from 61 to 100 branches.
Diversifying into new segments including Micro LAP (under ₹5 lakh), Home Loans, and Tractor Loans.
Extremely high Capital Adequacy Ratio (CRAR) of 78.28% allows for significant debt-funded growth without equity dilution.
👀 What to Watch
Investors should focus on the company's ability to maintain asset quality while scaling into new geographies like Karnataka and Goa. The high ROA and strong capital base suggest a scalable business model, making it a key stock to watch in the micro-NBFC space.
Shalibhadra Finance FY26 Net Profit Up 22% to ₹19.48 Cr; ₹0.50 Dividend Declared
Shalibhadra Finance reported a strong performance for FY26, with annual net profit rising 21.75% to ₹19.48 crore compared to ₹16.00 crore in FY25. Total revenue for the year grew to ₹41.10 crore, primarily driven by retail finance income. The Board has recommended a dividend of ₹0.50 per share on the post-bonus share capital. Furthermore, the company raised ₹19.50 crore via debentures in April 2026, signaling readiness for further credit expansion.
Key Highlights
FY26 Net Profit increased to ₹1,948 Lakhs from ₹1,600 Lakhs in the previous year.
Q4 FY26 Total Income rose to ₹1,098 Lakhs, a 16% increase over Q4 FY25's ₹945 Lakhs.
Recommended a 5% dividend (₹0.50 per share) on the share capital increased by the June 2025 bonus issue.
Finance costs for FY26 remained stable at ₹515 Lakhs despite higher business volume.
Issued listed debentures of ₹1,950 Lakhs at 12% p.a. on April 15, 2026, to boost liquidity.
👀 What to Watch
The company shows healthy profit growth and efficient cost management in its core retail finance business. Investors may consider holding the stock given the steady dividend payout and recent capital raising for expansion.
Shalibhadra Finance Raises ₹19.50 Crore via 12% Secured NCDs
Shalibhadra Finance Limited has successfully raised ₹19.50 crore through the issuance of secured, rated, and listed Non-Convertible Debentures (NCDs). The NCDs carry a coupon rate of 12% per annum with monthly interest payouts and a 24-month tenure. This capital infusion is intended to support the company's lending operations in rural and semi-urban segments across Gujarat, Maharashtra, and Madhya Pradesh. With an AUM of over ₹200 crore, this fundraise helps optimize the company's liability profile and asset-liability management.
Key Highlights
Successfully raised ₹19.50 crore through secured, rated, and listed NCDs.
Coupon rate of 12.00% per annum with interest payable on a monthly basis.
Instrument rated [ICRA] BBB- (Stable) with a tenure of 24 months.
Principal repayment structured on a six-monthly basis to manage cash flows.
Proceeds to be utilized for lending operations and optimizing the overall cost of funds.
👀 What to Watch
Investors should monitor the company's deployment of these funds into its loan book and track its asset quality, as the 12% cost of debt reflects its current credit profile. The successful fundraise indicates market confidence in the company's rural-focused NBFC model.
