Suryoday Small Finance Bank Ltd

Suryoday Small Finance Bank Ltd has announced the retirement of Mr. John Arunkumar Diaz as a Non-Executive Independent Director, effective August 9, 2026, upon completion of his second term and reaching the age of 75. Concurrently, Mr. Krishna Kant Chaturvedi has resigned as Company Secretary, Compliance Officer, and Key Managerial Personnel, effective August 11, 2026, to pursue external career opportunities. The bank's Board of Directors has acknowledged these changes and expressed gratitude for their contributions.

Suryoday Small Finance Bank Ltd has announced that its Managing Director & CEO, Mr. Baskar Babu Ramachandran, and Mrs. Shilpa Bhaskar Babu from the Promoter Group have submitted trading plans. These plans, approved on July 30, 2026, are in accordance with SEBI (PIT) Regulations 2015. Mr. Ramachandran plans to purchase shares worth ₹75,00,000 between November 30, 2026, and December 4, 2026. Both individuals have committed to adhering to the regulations, including a cool-off period and not trading during periods of unpublished price-sensitive information. The plans are irrevocable once approved.

Suryoday Small Finance Bank Ltd announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The bank reported a Profit After Tax (PAT) of ₹75.2 Cr, a significant increase of 113.1% year-on-year. Gross Advances grew by 32.5% YoY to ₹14,376 Cr, and Deposits increased by 29.4% YoY to ₹14,634 Cr. Pre-provision Operating Profit (PPOP) rose by 27.2% YoY to ₹138.6 Cr. Asset quality showed improvement with Gross Non-Performing Assets (GNPA) at 6.5% and Net Non-Performing Assets (NNPA) at 1.2%. The bank highlighted strong business growth, a strengthening retail liability franchise, and prudent risk management as key drivers of its performance.

Suryoday Small Finance Bank Ltd announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors approved the results and the limited review report from the joint statutory auditors, M/s. Mukund M. Chitale & Co. and M/s. Gokhale & Sathe. The bank confirmed no public, rights, or preferential issues were made during the quarter, and thus, reporting on deviations in the use of issue proceeds is not applicable. Furthermore, no non-convertible debt securities were issued, and any previously issued debt proceeds were fully utilized without deviation. The bank also confirmed no outstanding secured listed non-convertible debt securities as of June 30, 2026.

Suryoday Small Finance Bank reported a strong Q1 FY27 (standalone; the bank has no subsidiaries, so no consolidated accounts). Net profit rose 113% YoY to ₹75.18 Cr (₹35.28 Cr a year ago) and 51% QoQ, on interest earned of ₹622.36 Cr (+25.7% YoY, +3.5% QoQ) and total income of ₹770.22 Cr. EPS was ₹7.07 versus ₹3.32 a year ago. Operating profit before provisions grew 27% YoY to ₹138.56 Cr, so the print is not purely a provisioning story — but lower credit costs did the heavy lifting on the bottom line, with provisions at ₹36.66 Cr against ₹62.09 Cr a year ago. Net interest margin, proxied by net profit margin, expanded to 9.8% from 5.8% YoY. The swing factor is the ₹387.45 Cr CGFMU credit-guarantee claim (net of recovery) that the bank recognised as virtually certain at 30-Jun and realised in full on 1-Jul-26. Rather than showing up as a one-off gain, it worked through the asset side: net NPAs fell to ₹169.55 Cr from ₹541.88 Cr in Q4, dropping the net NPA ratio to 1.27% from 4.21% QoQ (and 5.64% YoY), while gross NPA held broadly flat at 6.60%. Normalising credit costs back to the year-ago level would put adjusted PAT growth nearer ~60% YoY — still strong, but well below the 113% headline, and the sharp net-NPA improvement is unlikely to repeat at this scale next quarter. Growth context supports the print: the bank's Q1 update flagged gross advances up 32.5% YoY to ₹14,374 Cr, deposits up 29.4% to ₹14,634 Cr and CASA up 53.4% to ₹3,072 Cr (CASA ratio 21.0%). Capital adequacy stood at 20.03% and RoA improved to 0.38% (from 0.22% YoY). Management gives no formal quarterly guidance and there is no prior concall on record; consensus is thin (one analyst, ~96.6% FY27 profit-growth estimate per Trendlyne, no Q1 poll), so the quarter can't be cleanly graded beat/miss — the +113% YoY print does run ahead of that full-year pace. The board also fixed a 17-Jul record date for the final dividend and is seeking approval for a ₹500 Cr fundraise. The concall is on 24-Jul-26.

Suryoday Small Finance Bank Ltd has announced that its Board of Directors will convene on July 23, 2026, to consider and approve the unaudited financial results for the first quarter (Q1) ended June 30, 2026. The meeting will be held in Navi Mumbai. Concurrently, the trading window for designated persons and connected individuals will remain closed from July 1, 2026, until 48 hours after the announcement of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The bank will also publish this information on its website.

Suryoday Small Finance Bank has fixed Friday, July 17, 2026, as the record date for determining shareholder eligibility for the final dividend. The dividend, recommended by the Board at ₹1.50 per equity share for FY 2025-26, is subject to shareholder approval at the 18th AGM on August 6, 2026. Payment, if approved, will be made by September 5, 2026. The dividend is taxable, and the bank will deduct tax at source (TDS) based on shareholder status and PAN details. Shareholders are urged to update their details with depositories or the RTA.

Suryoday Small Finance Bank Ltd has reported its provisional financial and operational data for the quarter ended June 30, 2026. Gross Advances grew by a significant 32.5% year-on-year to ₹14,374 crore. Total Deposits also saw a healthy increase of 29.4% YoY to ₹14,634 crore, with retail deposits growing by 38.5% YoY. CASA deposits surged by 53.4% YoY to ₹3,072 crore, contributing 21.0% to total deposits. Disbursement for the quarter was ₹2,954 crore, a 30.6% YoY increase. The bank continues to manage risk prudently, with approximately 98% of its Inclusive Finance portfolio covered under the CGFMU Scheme. GNPA stood at 6.6%, with provisions covering a substantial portion.

Suryoday Small Finance Bank Ltd has received the full claim amount of ₹387.45 Crores from the National Credit Guarantee Trustee Company (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme. The interim claims were raised by the bank on July 1, 2026, and the receipt of this amount is considered to be in the ordinary course of business. This update is in compliance with SEBI Listing Regulations and relevant circulars. The bank will also make this information available on its investor relations website.

Suryoday Small Finance Bank Limited has announced the closure of its trading window for dealing in the bank's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's internal code of conduct. The trading window will be shut from July 01, 2026, until 48 hours after the announcement of the unaudited financial results for the first quarter ending June 30, 2026. The specific date for the board meeting to approve these results will be communicated later. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.