📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
SG Finserve Shareholders Approve Borrowing Limit Hike and New ESOP Scheme 2026
SG Finserve Limited has successfully passed six key resolutions via postal ballot with a significant majority. Major approvals include the enhancement of borrowing limits and the creation of charges on company assets, signaling a potential expansion of the balance sheet. Shareholders also greenlit a material related party transaction for a corporate guarantee from S Gupta Holding Private Limited and the implementation of the 'SG Finserve Employee Stock Option Scheme 2026'. The total voting turnout was approximately 65.24%, with most resolutions receiving over 99% approval.
Key Highlights
Shareholders approved the enhancement of borrowing limits under Section 180(1)(c) with 99.99% votes in favor.
Approval granted for a material related party transaction involving an enhanced corporate guarantee from S Gupta Holding Private Limited.
The 'SG Finserve Employee Stock Option Scheme 2026' was passed, including extension to subsidiary and associate employees.
Total votes polled reached 36,464,578 out of a total share base of 55,895,000.
Resolution to alter the Object Clause of the Memorandum of Association was approved with 99.99% majority.
💼 Action for Investors
The approval for higher borrowing limits indicates the company is positioning itself for credit growth and expansion. Investors should track the company's leverage ratios and deployment of capital in the coming quarters to ensure efficient growth.
GIC Housing Finance Allots NCDs Worth Rs 150 Crore at 7.59% Interest
GIC Housing Finance Limited has successfully allotted 15,000 Non-Convertible Debentures (NCDs) on a private placement basis to raise Rs 150 crore. The NCDs, issued at a face value of Rs 1,00,000 each, carry a fixed interest rate of 7.59% per annum. Major institutional participants in this allotment include ICICI Bank and Reliance General Insurance Company Ltd. This capital infusion is intended to strengthen the company's liquidity position and support its ongoing lending activities.
Key Highlights
Allotment of 15,000 NCDs with a face value of Rs 1,00,000 each totaling Rs 150 crore
Fixed interest rate set at 7.59% per annum for the Series 11 debentures
Key allottees include ICICI Bank and Reliance General Insurance Company Ltd
The NCDs are proposed to be listed on the BSE Limited for secondary market trading
Fundraise conducted under the authority granted by the Board on May 16, 2025
💼 Action for Investors
Investors should view this as a routine but positive liquidity-enhancing move that supports the company's growth in the housing finance sector. Monitor the company's ability to maintain healthy net interest margins given the 7.59% cost of these funds.
GIC Housing Finance to Raise Rs 150 Crore via NCDs at 7.59% Coupon
GIC Housing Finance Limited has announced a private placement of Secured Non-Convertible Debentures (NCDs) worth Rs 150 crore. The NCDs, designated as Series 11 for 2025-26, carry a fixed coupon rate of 7.59% per annum with a tenure of 470 days. The issue has received strong credit ratings of 'AA+/Stable' from both CRISIL and ICRA, reflecting high safety. The funds are likely intended for the company's routine lending operations and liquidity management.
Key Highlights
Issue size of Rs 150 crore consisting of 15,000 NCDs with a face value of Rs 1,00,000 each
Fixed coupon rate of 7.59% p.a. with interest payments scheduled for June 2026 and June 2027
Instruments rated 'CRISIL AA+/Stable' and 'ICRA AA+/Stable' indicating low credit risk
Tenure of 470 days with a deemed allotment date of February 25, 2026, and maturity on June 10, 2027
The NCDs will be secured by a first ranking exclusive charge on hypothecated assets
💼 Action for Investors
This is a routine fundraise for a housing finance company and confirms its ability to access debt markets at competitive rates. Investors should monitor the company's cost of funds and NIMs in upcoming quarterly results.
SG Finserve Proposes Increasing Borrowing Limit to ₹5,000 Cr and New ESOP Scheme
SG Finserve is seeking shareholder approval via postal ballot to significantly increase its borrowing and asset-charging limits to ₹5,000 Crores each. The company also plans to enter into a material related party transaction with S Gupta Holding Private Limited for corporate guarantees up to ₹5,000 Crores for FY 2026-27. Furthermore, a new Employee Stock Option Scheme (ESOP 2026) is proposed, involving the grant of up to 20,00,000 equity shares. These moves suggest a major scaling effort by the NBFC to expand its loan book and operational reach.
Key Highlights
Proposed enhancement of borrowing limits to ₹5,000 Crores under Section 180(1)(c)
Authorization to create charges or mortgages on company assets up to a value of ₹5,000 Crores
Material Related Party Transaction with S Gupta Holding Private Limited for guarantees up to ₹5,000 Crores in FY 2026-27
Introduction of 'SG Finserve Employee Stock Option Scheme 2026' covering 20,00,000 equity shares
E-voting period for these resolutions is open until March 12, 2026
💼 Action for Investors
The substantial increase in borrowing capacity indicates management's intent for rapid growth; however, investors should track the cost of funds and asset quality as the book scales. Monitor the voting results after March 12 to confirm shareholder support for these expansionary measures.
GIC Housing Finance 9M FY26 PAT Drops 19% to ₹101 Cr Despite 27% Disbursement Growth
GIC Housing Finance reported a 19% YoY decline in Profit After Tax (PAT) to ₹101 crore for the nine months ended December 31, 2025. While the company saw strong operational momentum with disbursements rising 27% to ₹1,613 crore, the bottom line was significantly impacted by a 204% surge in NPA provisions. Asset quality remains a concern as Gross NPA rose to 4.24% from 3.47%, although Net Interest Margins (NIM) saw a slight improvement to 3.36%.
Key Highlights
Profit After Tax (PAT) fell 19% YoY to ₹101 crore from ₹125 crore in the previous year.
Disbursements and Sanctions grew robustly by 27% and 28% respectively.
Provision for NPA and others surged by 204% to ₹73 crore from ₹24 crore.
Gross NPA increased to 4.24% compared to 3.47% YoY, while Net NPA improved to 1.80% from 2.22%.
Cost to Income Ratio deteriorated sharply to 67.19% from 46.81% YoY.
💼 Action for Investors
Investors should exercise caution as the sharp rise in Gross NPAs and provisioning costs is offsetting healthy loan growth. Monitor the company's asset quality trends and rising cost-to-income ratio in the next few quarters.
GIC Housing Finance Q3 Net Profit Drops 12% to ₹43.6 Cr; Asset Quality Weakens
GIC Housing Finance reported a 12.1% year-on-year decline in standalone net profit to ₹43.61 crore for the quarter ended December 31, 2025. While total revenue from operations saw a marginal increase to ₹272.63 crore, higher operating expenses and employee benefits weighed on the bottom line. Asset quality showed signs of stress as the Stage 3 Ratio (Gross NPA) rose to 4.24% compared to 3.47% in the previous year. However, the company has significantly strengthened its Provision Coverage Ratio to 58.63% from 36.80% a year ago.
Key Highlights
Net Profit for Q3 FY26 decreased by 12.1% YoY to ₹43.61 crore from ₹49.64 crore.
Stage 3 Ratio (Gross NPA) deteriorated to 4.24% from 3.47% in the same period last year.
Provision Coverage Ratio (PCR) improved substantially to 58.63% compared to 36.80% YoY.
Total Revenue from operations grew slightly by 1.25% YoY to ₹272.63 crore.
9M FY26 Net Profit stands at ₹100.91 crore, down 19.3% from ₹125.08 crore in 9M FY25.
💼 Action for Investors
Investors should exercise caution as the rising Stage 3 assets and declining profitability indicate operational headwinds. Monitor the company's ability to manage credit costs and stabilize asset quality in the upcoming quarters.
GIC Housing Finance Q3 PAT Drops 12% YoY to ₹43.6 Cr; Asset Quality Weakens
GIC Housing Finance reported a 12.1% year-on-year decline in standalone net profit to ₹4,361 Lakh for the quarter ended December 31, 2025. While total revenue from operations remained relatively flat at ₹27,263 Lakh, profitability was impacted by higher employee expenses and a shift in ECL calculation methodology. Asset quality showed signs of stress with the Stage 3 ratio rising to 4.24% compared to 3.47% in the previous year. However, the company significantly strengthened its Provision Coverage Ratio to 58.63% from 36.80% a year ago.
Key Highlights
Standalone Net Profit fell 12.1% YoY to ₹4,361 Lakh from ₹4,964 Lakh in the same quarter last year.
Stage 3 Ratio (Gross NPAs) increased to 4.24% from 3.47% YoY, indicating deteriorating asset quality.
Provision Coverage Ratio (PCR) improved substantially to 58.63% from 36.80% YoY due to modified ECL calculations.
Total Revenue from operations grew marginally by 1.25% YoY to ₹27,263 Lakh.
9-month PAT declined 19.3% YoY to ₹10,091 Lakh, largely impacted by a one-time provisioning increase earlier in the fiscal year.
💼 Action for Investors
Investors should exercise caution as the rising Stage 3 assets and declining net profit margins suggest operational headwinds. While the higher provision coverage provides a buffer, the trend in asset quality needs to be monitored closely in upcoming quarters.
LICHSGFIN Q3 PAT Dips 3% to ₹1,384 Cr; Asset Quality Improves with Stage 3 at 2.45%
LIC Housing Finance reported a 3% YoY decline in Net Profit to ₹1,383.95 crore for Q3 FY26, while Net Interest Income grew 5% to ₹2,102 crore. The company's loan portfolio expanded by 5% YoY to ₹3,14,268 crore, supported by a 7% growth in individual home loan disbursements. Asset quality improved significantly, with Stage 3 exposure dropping to 2.45% from 2.75% in the previous year. Although NIM remained flat YoY at 2.69%, it showed a positive sequential trend from 2.62% in Q2.
Key Highlights
Net Profit after tax stood at ₹1,383.95 crore, down 3% YoY from ₹1,431.96 crore.
Net Interest Income (NII) increased by 5% YoY to ₹2,102 crore with NIM at 2.69%.
Total disbursements grew 4% to ₹16,096 crore, led by a 7% growth in individual home loans.
Asset quality improved with Stage 3 exposure at default declining to 2.45% from 2.75% YoY.
Outstanding loan portfolio reached ₹3,14,268 crore, marking a 5% YoY growth.
💼 Action for Investors
Investors should monitor the sequential improvement in Net Interest Margins and the steady reduction in Stage 3 assets as positive indicators. The stock remains a core play on the Indian housing market, though the slight dip in bottom-line growth warrants a cautious but steady outlook.
LICHSGFIN Q3 FY26: PAT at ₹1,384 Cr; Loan Book Grows 5% to ₹3.14 Lakh Cr; NPAs Drop to 2.45%
LIC Housing Finance reported a marginal 3% YoY decline in Net Profit to ₹1,383.95 crore for Q3 FY26, despite a 2% growth in revenue. The loan portfolio expanded by 5% to ₹3,14,268 crore, with individual home loans remaining the primary driver. Asset quality improved significantly, with Stage 3 assets (NPAs) falling to 2.45% compared to 2.75% in the previous year. Net Interest Margins (NIM) remained stable at 2.69%, supported by a reduction in the weighted average cost of funds to 7.28%.
Key Highlights
Total outstanding loan portfolio grew 5% YoY to ₹3,14,268 crore as of December 31, 2025.
Individual home loan disbursements increased by 7% YoY to ₹13,094 crore during the quarter.
Stage 3 EAD (Asset Quality) improved to 2.45% from 2.75% YoY, with Provision Coverage Ratio (PCR) rising to 54%.
Net Interest Income (NII) rose 5% YoY to ₹2,102 crore, while Net Interest Margins (NIM) stood at 2.69%.
Weighted average cost of funds decreased to 7.28% from 7.78% in the same period last year.
💼 Action for Investors
Investors should focus on the improving asset quality and declining cost of funds, which provide a cushion against the slight dip in bottom-line growth. The stock remains a steady play on the housing finance sector with a strong parentage and improving structural metrics.
LIC Housing Finance Q3 FY26 Results Approved; Re-appoints Independent Director
LIC Housing Finance has approved its financial results for the third quarter of FY26, maintaining regulatory compliance with no deviations in fund utilization. The consolidated subsidiaries contributed ₹12.61 crore to the quarterly profit on a revenue base of ₹38.91 crore. Management stability is reinforced by the re-appointment of Independent Director Jagennath Jayanthi for another five-year term. Investors should monitor the core mortgage business performance and asset quality metrics in the detailed report.
Key Highlights
Board approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
Consolidated subsidiaries reported a total revenue of ₹38.91 crore and a net profit of ₹12.61 crore for Q3 FY26.
Year-to-date (9M FY26) subsidiary revenue reached ₹97.98 crore with a net profit of ₹22.40 crore.
Smt. Jagennath Jayanthi re-appointed as Independent Director for a second 5-year term effective February 5, 2026.
Confirmed 'Nil' deviation in the utilization of issue proceeds for non-convertible debentures and commercial papers.
💼 Action for Investors
Investors should examine the detailed standalone financial statements to assess Net Interest Margins and asset quality trends. The re-appointment of an experienced director supports board stability and governance.
SG Finserve Q3 FY26: Loan Book Hits ₹3,210 Cr; Plans Expansion into ARC and AIF
SG Finserve reported a strong Q3 FY26 with its loan book reaching an all-time high of ₹3,210 crores, a 12% sequential growth. Profit after tax for the quarter rose 15% QoQ to ₹32 crores, while nine-month profits surged 49% YoY to ₹85 crores. The company has revised its long-term guidance to a 20% AUM CAGR, targeting ₹7,500 crores by FY30, while maintaining a conservative leverage of 2x. Additionally, the board has approved diversification into fee-based businesses including ARC, AIF, and Insurance Broking to augment revenue.
Key Highlights
Loan book grew 12% QoQ to ₹3,210 crores as of December 31, 2025.
Achieved 9M FY26 PAT of ₹85 crores, representing a 49% YoY growth.
Maintained superior asset quality with nil NPAs and a low cost-to-income ratio of under 15%.
RBI granted a factoring license to strengthen the core supply chain financing business which is 70% of AUM.
Targeting ₹500 crores PBT by FY30 with a projected ROA of 5% and ROE of 15%.
💼 Action for Investors
Investors should monitor the execution of the new fee-based subsidiaries and the timely infusion of ₹338 crores via warrants by April. The company remains a high-efficiency play in supply chain finance with zero NPAs and strong capital adequacy.
SG Finserve Q3 PAT Up 15% QoQ to ₹32.5 Cr; AUM Hits Record ₹3,210 Cr with Nil NPA
SG Finserve reported a strong performance for Q3 FY26, with Profit After Tax (PAT) growing 15% QoQ to ₹32.47 crore and 9M FY26 PAT rising 49% YoY to ₹85.39 crore. The company's Assets Under Management (AUM) reached an all-time high of ₹3,210 crore, marking a 105% YoY growth, while maintaining zero non-performing assets (NPA). Management has introduced 'Vision 2030' targeting an AUM of ₹7,500 crore and a Profit Before Tax (PBT) of ₹500 crore. The company also received RBI approval for factoring and is exploring entries into ARC, AMC, and insurance broking.
Key Highlights
9M FY26 PAT increased by 49% YoY to ₹85.39 crore, while Q3 PAT grew 15% QoQ to ₹32.47 crore
AUM reached a record ₹3,210 crore as of December 2025, representing a 105% YoY growth
Maintained superior asset quality with 0% Gross NPA and a healthy Return on Assets (RoA) of 4.40%
Received RBI approval for Factoring business and plans to diversify into ARC, AMC, and Insurance Broking
Vision 2030 targets include ₹7,500 crore AUM and 15% RoE, up from the current 10.50%
💼 Action for Investors
SG Finserve is demonstrating exceptional growth and asset quality within the APL Apollo ecosystem. Investors should monitor the execution of its diversification strategy and the transition toward more non-group supply chain financing.
SG Finserve Q3 PAT Rises 15% QoQ to ₹32.47 Cr; Loan Book Hits Record ₹3,210 Cr
SG Finserve reported a strong performance for Q3 FY26, with Profit After Tax (PAT) growing 15% sequentially to ₹32.47 crore and 49% year-on-year for the nine-month period to ₹85.39 crore. The loan book reached an all-time high of ₹3,210 crore, marking a 105% growth compared to the same period last year. Asset quality remains exceptional with zero Gross NPAs and a healthy annualized Return on Assets (RoA) of 4.40%. The company also received RBI approval for its factoring business and outlined a Vision 2030 target to reach an AUM of ₹7,500 crore.
Key Highlights
PAT for Q3 FY26 grew 15% QoQ to ₹32.47 crore; 9M FY26 PAT rose 49% YoY to ₹85.39 crore
Loan book (AUM) reached a record ₹3,210 crore, doubling from ₹1,568 crore in 9M FY25
Maintained superior asset quality with NIL Gross Non-Performing Assets (GNPA)
Annualized Return on Assets (RoA) stood at 4.40% with a conservative leverage of less than 2.0x
Announced Vision 2030 targets including ₹7,500 crore AUM and ₹500 crore Profit Before Tax
💼 Action for Investors
Investors should monitor the company's ability to maintain zero NPAs as it scales towards its ₹7,500 crore AUM target. The strong parentage of APL Apollo Group and the new factoring license provide significant competitive advantages in the supply chain financing space.
SG Finserve to Invest ₹400 Crore in New Subsidiaries and Announces Management Changes
SG Finserve has approved a significant strategic expansion with a ₹400 crore investment plan to establish subsidiaries in Asset Reconstruction (ARC), Alternate Investment Funds (AIF), Insurance Broking, and IT services. A major portion of this capital, ₹300 crore, is earmarked for the ARC to meet regulatory requirements. The company also announced key leadership changes, appointing Lakshay Dudeja as Chief Compliance Officer and transitioning Vivekanand Tiwari to the roles of CISO and COO. Additionally, a new ESOP scheme involving 20 lakh shares was approved to incentivize employees.
Key Highlights
Approved ₹400 crore investment for new subsidiaries including ARC, AIF, and Insurance Broking
Allocated ₹300 crore minimum capital specifically for the proposed Asset Reconstruction Company
Instituted SG Finserve ESOP Scheme 2026 covering 20,00,000 equity shares
Appointed Lakshay Dudeja as Chief Compliance Officer and Vivekanand Tiwari as CISO & COO
Confirmed full utilization of ₹50 crore raised through private placement of Non-Convertible Debentures
💼 Action for Investors
Investors should monitor the progress of regulatory approvals for the ARC and AIF licenses, as these represent significant new revenue streams. The aggressive diversification into high-margin financial services suggests a long-term growth pivot that could enhance valuations.
SG Finserve to Invest ₹400 Cr in New Subsidiaries; Approves Q3 Results and ESOP Scheme
SG Finserve has announced a major strategic expansion, approving an investment of up to ₹400 crores to establish new subsidiaries in Asset Reconstruction (ARC), Alternative Investment Funds (AIF), Insurance Broking, and IT services. The company has earmarked ₹300 crores specifically for the ARC venture, subject to regulatory approvals. Additionally, the board approved a new ESOP scheme for 20 lakh shares and confirmed the receipt of RBI registration for its factoring business. Management changes were also finalized, including the appointment of a new Chief Compliance Officer and Chief Operating Officer.
Key Highlights
Approved investment of up to ₹400 crores for new subsidiaries including ARC, AIF, and Insurance Broking.
Allocated ₹300 crores minimum capital for the proposed Asset Reconstruction Company (ARC).
Proposed 'SG Finserve Employees Stock Option Scheme 2026' involving 20,00,000 equity shares.
Amended Memorandum of Association following RBI approval for the company's factoring business.
Confirmed 100% utilization of ₹50 crore raised via NCDs with no deviation from stated objects.
💼 Action for Investors
Investors should view the diversification into ARC and AIF sectors as a long-term growth lever, though regulatory approvals remain a key milestone to watch. Monitor the upcoming quarterly financial details to assess the core lending business's current performance.
SG Finserve Shareholders Approve Director Re-appointments and Related Party Transactions
SG Finserve Limited has announced the successful passage of three key resolutions via postal ballot as of January 19, 2026. Shareholders approved the re-appointment of Mr. Dukhabandhu Rath and Mr. H.S.U Kamath as Non-Executive Independent Directors with 99.99% and 96.91% votes in favor, respectively. Additionally, a resolution for material related party transactions with S Gupta Holding Private Limited was passed with 99.94% approval from valid votes. These results ensure management continuity and regulatory compliance for the company's ongoing operations.
Key Highlights
Re-appointment of Mr. Dukhabandhu Rath as Independent Director passed with 99.99% votes in favor.
Re-appointment of Mr. H.S.U Kamath as Independent Director passed with 96.91% votes in favor.
Material Related Party Transactions with S Gupta Holding Private Limited approved with 99.94% of valid votes cast.
Total voting participation for director resolutions reached 63.62% of the total shareholding.
Promoter group abstained from voting on the Related Party Transaction resolution as required by law.
💼 Action for Investors
Investors should note the high level of shareholder support for the board, which ensures leadership stability. It is advisable to monitor future financial statements to assess the scale and impact of the approved related party transactions on the company's profitability.
GIC Housing Finance H1 FY26: 20% Disbursement Growth; GNPA Increases to 4.52%
GIC Housing Finance reported a 20% year-on-year growth in disbursements for H1 FY26, reaching ₹1,023 crore, with a significant 54% sequential jump in Q2. However, Profit After Tax for the half-year declined by 24% to ₹57 crore compared to the previous year. Asset quality saw some pressure as Gross NPA increased to 4.52% in September 2025 from 3.03% in March 2025, primarily due to the merger of the Assets Held for Sale portfolio. The company expanded its footprint by activating 12 new branches in key urban centers and saw its average ticket size rise to ₹31.50 lakhs.
Key Highlights
Disbursements grew 20% YoY to ₹1,023 Cr in H1 FY26, with Q2 FY26 seeing a 54% QoQ surge to ₹620 Cr.
Gross NPA increased to 4.52% (₹491 Cr) in Sep 2025 from 3.03% in Mar 2025, impacted by AHS portfolio merger.
Net Interest Margin (NIM) improved to 3.32% in H1 FY26 from 3.17% in H1 FY25.
Average loan ticket size increased to ₹31.50 Lakhs in H1 FY26 from ₹27.50 Lakhs in FY25.
Profit After Tax (PAT) for H1 FY26 stood at ₹57 Cr, a 24% decline from ₹75 Cr in H1 FY25.
💼 Action for Investors
Investors should monitor the recovery in asset quality following the AHS portfolio merger and whether the strong disbursement momentum translates into bottom-line growth in coming quarters.
LICHSGFIN Shareholders Approve Doraiswamy Ramachandran as Chairman with 85.26% Majority
LIC Housing Finance Limited has successfully passed a postal ballot resolution to appoint Shri Doraiswamy Ramachandran as a Non-Executive (LIC Nominee) Director and Chairman. The resolution received 85.26% of the total votes in favor, with a high overall voter turnout of 83.47%. While the promoter group voted entirely in favor, there was notable dissent from public institutional investors, where 32.21% of votes were cast against the appointment. This leadership change formalizes the company's board structure under the guidance of its parent entity, LIC.
Key Highlights
Shri Doraiswamy Ramachandran appointed as Chairman with 39.14 crore votes in favor (85.26%).
Total voter turnout reached 83.47% of outstanding shares, representing 45.91 crore total votes.
Significant institutional dissent noted, with 32.21% of institutional votes (6.77 crore shares) cast against the resolution.
Promoter and Promoter Group (LIC) supported the resolution with 100% of their 24.88 crore shares.
Public non-institutional shareholders overwhelmingly supported the move with 96.20% votes in favor.
💼 Action for Investors
Investors should recognize the appointment as a standard alignment with the parent company (LIC), though the high institutional dissent suggests some shareholders may have preferred an independent chair. Monitor for any shifts in strategic direction under the new leadership.
SG Finserve Receives RBI Certificate of Registration for Factoring Business
SG Finserve Limited has officially received the Certificate of Registration from the Reserve Bank of India (RBI) to commence factoring business under the Factoring Regulation Act, 2011. This follows the initial approval granted in December 2025 and marks a significant expansion of the company's financial services portfolio. The company is mandated to operationalize this new business segment within 6 months, by July 2026. Additionally, the company must amend its Memorandum of Association within 3 months to include specific factoring clauses.
Key Highlights
Received official RBI Certificate of Registration for factoring business on January 07, 2026.
Company must commence factoring operations within 6 months from the date of registration.
Mandatory amendment of Memorandum of Association (MoA) required within 3 months.
The license allows the company to operate under the provisions of the Factoring Regulation Act, 2011.
💼 Action for Investors
Investors should view this as a positive diversification move that opens a new revenue stream in supply chain financing. Monitor the company's execution in setting up the factoring desk and its impact on the overall loan book growth over the next two quarters.
SG Finserve Reports 105% YoY Loan Book Growth to INR 3,211 Crores in Q3-FY26
SG Finserve Limited (SGFIN) has reported a significant expansion in its loan book, reaching approximately INR 3,211 Crores as of December 31, 2025. This represents a massive year-on-year growth of 105% compared to December 2024, highlighting strong business momentum in the supply chain financing space. On a sequential basis, the loan book grew by 12% from the previous quarter, while year-to-date growth stands at 43%. The company maintains high credit ratings of AA (CE) and A1+, indicating a robust financial position despite the rapid scaling of its operations.
Key Highlights
Loan book reached approximately INR 3,211 Crores as of December 31, 2025
Achieved exceptional Year-on-Year (YoY) growth of ~105% versus December 2024
Recorded a Quarter-on-Quarter (QoQ) growth of ~12% compared to September 30, 2025
Year-to-Date (YTD) growth stands at ~43% relative to the March 31, 2025 closing
Maintains strong credit profile with AA (CE) long-term and A1+ short-term ratings
💼 Action for Investors
Investors should view this aggressive loan book expansion positively as it indicates strong market demand and execution. Monitor the upcoming full quarterly results to ensure that asset quality and margins are being maintained alongside this rapid growth.