SBFC Finance Ltd

SBFC Finance Ltd announced the outcome of its Board Meeting held on July 25, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026. The company also submitted the limited review report from its statutory auditors, M M Nissim & Co. LLP, along with disclosures under SEBI Listing Regulations regarding security cover and use of proceeds from commercial papers. The company confirmed it maintains sufficient security cover for its listed non-convertible debentures.

SBFC Finance reported standalone (its only basis — a single-segment NBFC) net profit of ₹130.1 Cr for Q1 FY27, up 29.0% YoY from ₹100.9 Cr and 6.0% sequentially from ₹122.8 Cr. Revenue from operations rose 26.5% YoY to ₹491.5 Cr, led by interest income of ₹459.6 Cr (+29.5% YoY), confirming that AUM-driven loan growth — not fee or trading income — remains the engine. Profit growth outpacing topline lifted the net profit margin to 26.47%, about 50 bps above the year-ago 25.97%, so the print is a clean YoY expansion rather than a one-off; there are no exceptional items on either side, so reported and adjusted growth are identical. The one soft spot is sequential, not annual. NPM slipped from 27.03% in Q4 FY26 to 26.47%, and the reason sits on the impairment line: credit costs jumped to ₹41.7 Cr, up 68% YoY and 13% QoQ, faster than the book grew. Gross NPA ticked up to 2.66% from 2.61% a quarter ago (though still better than 2.78% a year ago) and NNPA edged to 1.55%. Finance costs (₹152.5 Cr, +22% YoY) and employee expense (₹88.9 Cr, +26% YoY) rose broadly in step with the book, so the sequential margin give-back is a provisioning story, not an opex one. Against the last concall, management had guided for steady 5–7% quarterly AUM growth, stable ~9% spreads and range-bound credit costs; the ~8% sequential revenue rise is consistent with the growth guide, but the QoQ rise in impairment and the GNPA uptick are the first data points that sit slightly against the 'range-bound credit cost' framing and bear watching. No formal earnings guidance is on record and no Q1 FY27 street consensus could be sourced, so the beat/miss vs estimates is unknown. The result is also the first signed off by new CFO Sanket Agrawal, who took over on 15 July 2026 after Narayan Barasia's resignation. Capital and liquidity remain ample — CRAR 31.95%, LCR 216.7%, net worth ₹3,873 Cr, debt-equity 2.29x.

SBFC Finance Ltd announced a change in its Chief Financial Officer (CFO) following the resignation of Mr. Narayan Barasia, effective July 15, 2026. The Board of Directors, upon recommendation from the Nomination and Remuneration Committee and Audit Committee, has appointed Mr. Sanket Agrawal as the new CFO and Key Managerial Personnel, effective July 16, 2026. Mr. Agrawal, previously the Chief Strategy Officer & IR, brings over 13 years of experience in audit, advisory, and executive leadership. The company also updated its authorized officials for determining materiality of events and disclosures.

SBFC Finance Ltd announced changes in its key management personnel following a Board Meeting held on July 15, 2026. Mr. Narayan Barasia resigned as Chief Financial Officer, effective July 15, 2026. The Board approved the appointment of Mr. Sanket Agrawal, currently Chief Strategy Officer & IR, as the new CFO, effective July 16, 2026. Mr. Agrawal brings over 13 years of experience in audit, advisory, and executive leadership. Additionally, the company authorized specific officials, including Mr. Aseem Dhru, Mr. Mahesh Dayani, Mr. Sanket Agrawal, and Ms. Namrata Sajnani, for determining the materiality of events and making disclosures to stock exchanges, effective July 16, 2026.

SBFC Finance Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in effect from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The company's Board of Directors is scheduled to meet on July 25, 2026, to consider and approve these financial results. This measure is in compliance with SEBI regulations concerning insider trading.

SBFC Finance Ltd has announced that its Board of Directors will convene on July 25, 2026, to consider and approve the unaudited financial results for the quarter ending June 30, 2026. Concurrently, the company will implement a trading window closure for designated persons and their immediate relatives from July 1, 2026, until 48 hours after the results declaration, in compliance with SEBI regulations on insider trading. The information is also available on the company's investor website.

SBFC Finance Ltd has issued a letter to shareholders whose email addresses are not registered, providing a weblink to access the Annual Report and AGM Notice for FY 2025-26. The 19th Annual General Meeting is scheduled for July 14, 2026, via Video Conference. Key dates for e-voting are provided, with the cut-off on July 7, 2026, and voting open from July 10 to July 13, 2026. Shareholders are urged to register their email addresses for future communications.

SBFC Finance Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, as required by SEBI regulations. The report, which forms part of the company's Annual Report, details its corporate identity, business activities focused on credit granting to underserved segments, operational presence across 18 states and 2 union territories, and employee statistics. The company operates on a standalone reporting basis and has not obtained external assurance for its BRSR disclosures.

SBFC Finance Ltd has issued its AGM Notice and Annual Report for FY 2025-26, as per SEBI regulations. The 19th Annual General Meeting is scheduled for July 14, 2026, via video conferencing. The report highlights the company's significant achievement of crossing ₹10,000 crore in Assets Under Management (AUM) in FY26, marking the completion of Phase I of its growth plan. This milestone was driven by a robust operating system, sound unit economics, and rigorous credit discipline, resulting in a Return on Equity of approximately 14.18% and Return on Average AUM of 4.58%. The company also detailed its strengthened underwriting, a fully secured loan book, and a systematic reinforcement of its execution engine. SBFC is now entering Phase II, aiming to scale its AUM to ₹20,000 crore with the same disciplined approach.

SBFC Finance Ltd has released its Annual Report for FY 2025-26 and issued a notice for its 19th Annual General Meeting (AGM). The AGM is scheduled for July 14, 2026, to be held via video conferencing. The report highlights the company's significant achievement of crossing ₹10,000 crore in Assets Under Management (AUM) in FY26, marking the completion of Phase 1 of its growth plan. The company reported a Return on Equity of approximately 14.18% and a Return on Average AUM of 4.58% for the fiscal year. SBFC plans to enter Phase II of its growth strategy, aiming to double its AUM to ₹20,000 crore while maintaining its disciplined approach to lending and capital deployment.