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Corporate Results


SBFC Finance
(10:44, 25 Jan 2026)
SBFC Finance has posted 34% increase in the net profit to Rs 118.04 crore in the quarter ended December 2025 (Q3FY2026). The income from operation of SBFC Finance increased 28% to Rs 425.57 crore in Q3FY2026. Overall OPM has increased to 77.83% in Q3FY2026 from 74.22% in Q3FY2025, leading to 34% rise in operating profit to Rs 331.21 crore in Q3FY2026.

Other income increased to Rs 0.25 crore from Rs 0.09 crore in Q3FY25. Interest cost increased 28% to Rs 135.93 crore. Provisions surged 71% to Rs 32.67 crore. Depreciation moved up 7% to Rs 4.99 crore. PBT moved up 34% to Rs 157.87 crore.

The effective tax rate rose to 25.2% in Q3FY2026 compared to 25.0% in Q3FY2025. Provision for tax was expense of Rs 39.83 crore, compared to Rs 29.39 crore. Profit after tax jumped 34% to Rs 118.04 crore.

Book value of the company stood at Rs 32.6 per share at end December 2025. The adjusted book value increased to Rs 31.1 per share at end December 2025.

Business highlights

The Asset under management of the company increased 29% to Rs 10478 crore end December 2025 over December 2024.

The disbursements of the company were flat yoy to Rs 699 crore in Q3FY2026. The active loan accounts increased 16% on yoy basis to 1.91 lakh end December 2025.

The share of secure MSME loan book in the overall asset under management was declined to 81% and gold loans increased to 19% end December 2025 from 83% and 17% at end September 2025.

The share of secured loan book was at 100% at end December 2025.

The yield on loan book declined on sequential basis to 17.78%, while the cost of borrowing eased to 8.99% in Q3FY2025. The spreads were steady sequentially at 9.04% in Q3FY2026.

On asset quality front, the gross stage 3 asset book declined 6 bps qoq to 2.71% while the net stage 3 assets ratio eased 3 bps qoq to 1.48% end December 2025.

The provision coverage ratio was steady at 46.2% at end December 2025 from 16.2% at end September 2025 and increased from 40.2% at end December 2024.

The capital adequacy ratio was strong at 31.7% end December 2025.

The company has added 10 branches during Q3FY2026 raising the overall branch network to 230 branches end December 2025.

The employee count has increased to 4803 employees end December 2025

Financial performance 9MFY2026

The income from operation of SBFC Finance increased 30% to Rs 1224.78 crore in 9MFY2026. Overall OPM has increased to 76.13% in 9MFY2026 from 73.97% in 9MFY2025, leading to 33% rise in operating profit to Rs 932.40 crore.

Other income increased 43% to Rs 0.57 crore. Interest cost increased 29% to Rs 389.95 crore. Depreciation moved up 23% to Rs 15.10 crore. Provisions increased 67% to Rs 88.45 crore. PBT moved up 32% to Rs 439.47 crore.

The effective tax rate increased to 25.35% in 9MFY2026 compared to 24.63% in 9MFY2025. Provision for tax was expense of Rs 111.4 crore, compared to Rs 81.94 crore. Profit after tax rose 31% to Rs 328.07 crore.

SBFC Finance: Results

Particulars

2512 (3)

2412 (3)

Var %

2512 (9)

2412 (9)

Var %

2503 (12)

2403 (12)

Var %

Income from Operations

425.57

333.16

28

1224.78

944.54

30

1305.12

1018.54

28

OPM (%)

77.83

74.22

'

76.13

73.97

'

74.12

71.26

'

OP

331.21

247.26

34

932.40

698.67

33

967.30

725.86

33

Other Income

0.25

0.09

178

0.57

0.40

43

0.99

1.28

-23

PBDIT

331.46

247.35

34

932.97

699.07

33

968.29

727.14

33

Interest (Net)

135.93

106.11

28

389.95

301.25

29

419.24

350.64

20

PBDT

195.53

141.24

38

543.02

397.82

36

549.05

376.50

46

Provisions

32.67

19.12

71

88.45

52.86

67

73.72

47.03

57

Depreciation / Amortization

4.99

4.65

7

15.10

12.25

23

16.81

13.41

25

PBT before EO

157.87

117.47

34

439.47

332.71

32

458.52

316.06

45

EO

0.00

0.00

-

0.00

0.00

-

0.00

0.00

-

PBT after EO

157.87

117.47

34

439.47

332.71

32

458.52

316.06

45

Tax Expenses

39.83

29.39

36

111.40

81.94

36

113.35

79.04

43

PAT

118.04

88.08

34

328.07

250.77

31

345.17

237.02

46

EPS *

4.3

3.2

'

4.0

3.1

'

3.2

2.2

'

Equity

1095.8

1084.2

'

1095.8

1084.2

'

1086.0

1071.9

'

Adj BV (Rs)

31.1

27.2

'

31.1

27.2

'

28.2

25.1

'

* EPS and Adj BV are calculated on diluted equity as given for each year. Face Value: Rs 10, Figures in Rs crore, PL: Profit to Loss, LP: Loss to Profit

Source: Capitaline Corporate Database

'



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