Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and half year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Regulatory Compliance Disclosures

Audit Opinion:

Unmodified Limited Review Report issued by M/s. M M Nissim & Co LLP, Chartered Accountants

Key Financial Highlights [₹ in million]:

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: ₹5,463.87 (Q2 FY26: ₹4,107.84, +33% YoY)
  • Total Income: ₹5,466.62 (Q2 FY26: ₹4,110.02, +33% YoY)
  • Net Profit: ₹1,388.74 (Q2 FY26: ₹1,091.35, +27% YoY)
  • EPS Basic: ₹1.25 (Q2 FY26: ₹1.00)
  • EPS Diluted: ₹1.25 (Q2 FY26: ₹0.99)

Half year ended September 30, 2026:

  • Revenue from Operations: ₹10,378.51 (H1 FY26: ₹7,992.22, +30% YoY)
  • Total Income: ₹10,382.27 (H1 FY26: ₹7,995.46, +30% YoY)
  • Net Profit: ₹2,689.97 (H1 FY26: ₹2,100.26, +28% YoY)
  • EPS Basic: ₹2.43 (H1 FY26: ₹1.93)
  • EPS Diluted: ₹2.42 (H1 FY26: ₹1.90)

Revenue Breakdown (Q2 FY27):

  • Interest Income: ₹5,130.09 (Q2 FY26: ₹3,795.31, +35% YoY)
  • Fees and Commission Income: ₹291.28 (Q2 FY26: ₹255.22, +14% YoY)
  • Net Gain on Fair Value Changes: ₹21.60 (Q2 FY26: ₹45.61, -53% YoY)
  • Other Operating Income: ₹20.90 (Q2 FY26: ₹11.70, +79% YoY)

Expense Breakdown (Q2 FY27):

  • Finance Costs: ₹1,959.68 (Q2 FY26: ₹1,289.55, +52% YoY)
  • Impairment on Financial Instruments: ₹414.44 (Q2 FY26: ₹309.50, +34% YoY)
  • Employee Benefits Expense: ₹867.61 (Q2 FY26: ₹717.68, +21% YoY)
  • Depreciation and Amortization: ₹51.28 (Q2 FY26: ₹50.79, +1% YoY)
  • Other Expenses: ₹315.82 (Q2 FY26: ₹283.66, +11% YoY)

Other Equity: ₹29,407.84 as of September 30, 2026 (March 31, 2026: ₹26,194.48)

Cash and Cash Equivalents: ₹6,813.97 as of September 30, 2026 (March 31, 2026: ₹4,810.42)

Debt: Total borrowings and debt securities of ₹93,382.01 as of September 30, 2026 (March 31, 2026: ₹71,617.13)

Statement of Assets and Liabilities [₹ in million]:

As at September 30, 2026 (March 31, 2026):

  • Total Assets: ₹136,847.19 (₹110,854.02)
  • Financial Assets: ₹133,271.23 (₹107,471.10)
  • Loans: ₹111,609.92 (₹98,051.93)
  • Cash and Cash Equivalents: ₹6,813.97 (₹4,810.42)
  • Bank Balances other than cash: ₹7,730.46 (₹1,639.90)
  • Investments: ₹5,981.59 (₹1,924.44)
  • Total Liabilities: ₹96,356.22 (₹73,602.50)
  • Equity: ₹40,490.97 (₹37,251.52)
  • Equity Share Capital: ₹11,083.13 (₹11,057.04)
  • Other Equity: ₹29,407.84 (₹26,194.48)

Segment-wise Performance:

The Company operates in a single business segment (financing) and single geographical segment (domestic) as per Ind AS 108.

Corporate Actions:

  • 2,608,338 equity shares issued to eligible employees pursuant to exercise of outstanding vested Options under various SBFC Stock option policies during the half year ended September 30, 2026
  • No dividend declared for the quarter

Asset Quality Metrics:

  • Gross NPA: 2.64% (Q1 FY27: 2.66%, Q2 FY26: 2.77%)
  • Net NPA: 1.54% (Q1 FY27: 1.55%, Q2 FY26: 1.51%)
  • Provision Coverage Ratio: 42.24% (Q1 FY27: 42.22%, Q2 FY26: 46.17%)
  • Capital to Risk Assets Ratio: 31.27% (Q1 FY27: 31.95%, Q2 FY26: 34.05%)

Co-Lending Arrangements:

  • Quantum of CLAs: ₹17,456.90 million
  • SBFC Share: ₹3,491.38 million
  • Non-SBFC Share: ₹13,965.52 million
  • Weighted Average Rate of Interest: 13.27%
  • GNPA under CLA: 3.79%
  • Broad Sector: MSME Loans

Stressed Loans Transferred:

  • 919 accounts transferred to ARCs during Q2 FY27
  • Aggregate Principal Outstanding: ₹553.87 million
  • Net Book Value: ₹316.08 million
  • Aggregate Consideration: ₹360.00 million

Key Ratios (Q2 FY27):

  • Debt Equity Ratio: 2.31 times
  • Net Profit Margin: 25.40%
  • Total Debt to Total Assets Ratio: 0.68 times
  • Liquidity Coverage Ratio: 193.85%