SG Finserve Limited

SG Finserve Limited submitted its unaudited financial results for Q1 FY27 (quarter ended June 30, 2026) to BSE Limited and National Stock Exchange of India Ltd in compliance with Regulation 30 of Listing Regulations. The submission included both an Earnings Presentation and Press Release.

Financial Performance Highlights

Quarterly Performance (Q1 FY27):

  • Loan Book: ₹4,552 Crore (all-time high)
  • Total Income: ₹136.13 Crore
  • Interest Income: ₹128.9 Crore
  • Fee/Other Income: ₹7.3 Crore
  • Interest Expenses: ₹54.1 Crore
  • Net Interest Income: ₹82.06 Crore
  • Operating Expenses: ₹9.6 Crore
  • Impairment on Financial Assets: ₹0.9 Crore
  • Profit Before Tax: ₹71.60 Crore
  • Income Tax: ₹17.9 Crore
  • Profit After Tax: ₹53.68 Crore
  • Equity (End of Period): ₹1,539 Crore

Quarter-over-Quarter Comparison (Q1 FY27 vs Q4 FY26):

  • Total Income: +29% (from ₹105.65 Cr)
  • Net Interest Income: +31% (from ₹62.73 Cr)
  • Profit Before Tax: +27% (from ₹56.21 Cr)
  • Profit After Tax: +27% (from ₹42.3 Cr)
  • Loan Book: +16% (from ₹3,936 Cr)

Year-over-Year Comparison (Q1 FY27 vs Q1 FY26):

  • Total Income: +102% (from ₹67.50 Cr)
  • Net Interest Income: +92% (from ₹42.69 Cr)
  • Profit Before Tax: +111% (from ₹33.85 Cr)
  • Profit After Tax: +119% (from ₹24.5 Cr)
  • Loan Book: +82% (from ₹2,504 Cr)

Key Ratios & Metrics:

  • Return on Assets (RoA): 5.1% (annualized, calculated basis average AUM)
  • Return on Equity (RoE): 14.0% (annualized)
  • Debt/TNW: <2.2x
  • NPA: NIL
  • CRAR: 32%
  • Cost/Income Ratio: Below 15%

Business Overview & Milestones

The company achieved several milestones in Q1 FY27:

  • Gross Disbursements exceeded ₹7,300 Crore
  • Part of APL Apollo Group (flagship company APL Apollo Tubes Limited is India's largest structured steel manufacturer)
  • Rated AA (CE) / A1+ by ICRA
  • Became one of less than 1% of NBFCs offering Factoring & TReDS solutions
  • Supply Chain Financing continues as core business focus

Banking & Corporate Partnerships

The company maintains relationships with multiple banking partners and corporate partners, though specific names are not disclosed in the presentation.

Guidance & Future Outlook

Management provided the following guidance:

  • AUM: 25-30% CAGR
  • PAT: 30-35% CAGR
  • RoA: 4.5%-5.0%
  • RoE: 14%-16%
  • Cost/Income: 13%-17%
  • NPAs: NIL

Product Expansion Plans:

  • Scale Supply Chain Finance & Deep Tier Financing
  • Strengthen Factoring, Invoice Financing & TReDS Offering
  • Launch LAP & Digital Lending programs

Management & Board

The company is led by an experienced management team including:

  • Vinay Gupta (Chief Executive Officer)
  • Lalit Gupta (Chief Business Officer)
  • Abhishek Mahajan (Chief Risk Officer)
  • Kush Mishra (Company Secretary & Compliance Officer)
  • Sanjay Rajput (Chief Financial Officer)

The board includes eminent members with extensive financial sector experience:

  • Smt. Asha Anil Aggarwal (Ex-Chief Principal Commissioner, Income Tax Dept.)
  • Shri Hsu Kamath (Ex-CMD Vijaya Bank & ED Canara Bank)
  • Shri Dukhabandhu Rath (Ex-Principal CGM Reserve Bank of India)
  • Shri Rakesh Sharma (Ex-CGM State Bank of India)