Key Quantitative Figures

Financial Results (Standalone, Quarter ended September 30, 2026):

  • Revenue from operations: ₹16,093.81 lakh
  • Interest income: ₹15,293.27 lakh
  • Fees and Commission Income: ₹728.59 lakh
  • Net gain on fair value changes: ₹71.95 lakh
  • Other income: ₹6.00 lakh
  • Total Income: ₹16,099.81 lakh
  • Expenses: ₹8,161.62 lakh
  • Finance costs: ₹6,822.16 lakh
  • Impairment on financial instruments: ₹251.02 lakh
  • Employee benefits expense: ₹700.70 lakh
  • Depreciation and Amortization expense: ₹22.50 lakh
  • Other expenses: ₹365.24 lakh
  • Profit before tax: ₹7,938.19 lakh
  • Tax expense: ₹2,057.86 lakh
  • Current tax: ₹2,207.71 lakh
  • Deferred tax credit: ₹(149.85) lakh
  • Profit for the period: ₹5,880.33 lakh
  • Earnings per equity share (Face value ₹10):
  • Basic: ₹8.97
  • Diluted: ₹8.79

Financial Results (Standalone, Half year ended September 30, 2026):

  • Revenue from operations: ₹29,704.64 lakh
  • Total Income: ₹29,712.32 lakh
  • Expenses: ₹14,614.54 lakh
  • Profit before tax: ₹15,097.78 lakh
  • Tax expense: ₹3,849.69 lakh
  • Profit for the period: ₹11,248.09 lakh
  • Earnings per equity share:
  • Basic: ₹17.15
  • Diluted: ₹16.82

Consolidated Financial Highlights (Quarter ended September 30, 2026):

  • Profit for the period: ₹5,853.07 lakh
  • Earnings per share: Basic ₹8.75, Diluted ₹8.93

Consolidated Financial Highlights (Half year ended September 30, 2026):

  • Profit for the period: ₹11,220.84 lakh
  • Earnings per share: Basic ₹17.11, Diluted ₹16.78

Balance Sheet Position (Standalone, as at September 30, 2026):

  • Total Assets: ₹5,98,424.27 lakh
  • Financial Assets: ₹5,97,213.97 lakh
  • Loans: ₹5,67,908.75 lakh
  • Investments: ₹13,274.63 lakh
  • Cash and cash equivalents: ₹3,616.63 lakh
  • Bank balances: ₹8,153.82 lakh
  • Other financial assets: ₹4,260.14 lakh
  • Equity: ₹1,59,819.62 lakh
  • Paid-up equity share capital: ₹6,589.50 lakh
  • Other equity: ₹1,53,230.12 lakh
  • Liabilities: ₹4,38,604.65 lakh
  • Borrowings: ₹4,36,296.09 lakh
  • Debt securities: ₹0 lakh
  • Other financial liabilities: ₹1,029.46 lakh
  • Other non-financial liabilities: ₹1,279.10 lakh

Dates of Action

  • Board Meeting: October 16, 2026 (11:00 AM to 1:50 PM)
  • Saurabh Mishra steps down as Internal Auditor: Close of business hours October 16, 2026
  • Alok Bhushan appointment effective: October 17, 2026
  • SG Enterprise Solutions acquisition expected completion: By December 31, 2026
  • Succesship Technologies acquisition expected completion: By March 31, 2027

Parties Involved

  • Statutory Auditors: M/s. S.P. Chopra & Co., Chartered Accountants
  • Related Party: SG Green Buildings Private Limited
  • Acquisition Targets: SG Enterprise Solutions Private Limited, Succesship Technologies Private Limited
  • New Internal Auditor: Mr. Alok Bhushan
  • Outgoing Internal Auditor: Mr. Saurabh Mishra
  • Subsidiaries: SG Insurance Brokers Limited (w.e.f. June 19, 2026), SG Alternative Investment Fund Limited (w.e.f. July 16, 2026)

Acquisition Details

SG Enterprise Solutions Private Limited:

  • Acquisition of 24.5% equity shares (12,250 shares of ₹10 each)
  • From SG Green Buildings Private Limited (Related Party)
  • Cash consideration: ₹1,22,500 (₹1.23 lakh)
  • Becomes associate company post-acquisition
  • Incorporated: September 10, 2026
  • Purpose: Group Shared Services Company providing common corporate support services
  • Expected completion: December 31, 2026

Succesship Technologies Private Limited:

  • Acquisition of 15.5% equity shares
  • Not a related party transaction
  • Cash consideration: ₹4,65,00,000 (₹465 lakh)
  • Incorporated: August 30, 2024
  • Financials: FY 2025-26 turnover ₹52.5 lakh, FY 2024-25 turnover ₹2.5 lakh
  • Purpose: Enable in-house AI and digital capabilities for captive Supply Chain Financing and Digital Lending
  • Expected completion: March 31, 2027

Investment Plan

  • Approved investment of up to USD 5 million (approximately ₹48 crore)
  • For setting up finance company in GIFT City as wholly owned subsidiary
  • Subject to requisite regulatory and statutory approvals
  • Board delegated powers to Finance Committee to complete necessary formalities

Management Changes

  • Mr. Saurabh Mishra transitions from Head – Internal Audit role effective close of business hours October 16, 2026
  • Mr. Alok Bhushan appointed as Internal Auditor effective October 17, 2026
  • Mr. Bhushan's profile: Banking professional with 32 years experience, former Deputy General Manager at State Bank of India, holds Bachelor of Science (Honours) in Physics, Master of Arts, and CAIIB certification

Enclosures

  • Copy of unaudited financial results with Limited Review Report
  • Disclosures required under Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations
  • Resignation letter of Mr. Saurabh Mishra