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SBFC Finance
SBFC Finance (SBFC) investor relations material
SBFC Finance Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary24 Jan, 2026
Executive summary
AUM reached ₹10,478 crore as of December 2025, up 29% YoY and 5.4% QoQ, with nearly 100% of the book secured by property and gold.
PAT for the quarter was ₹118 crore, up 34% YoY and 8% QoQ.
MSME AUM forms 81% of total, growing 25% YoY; gold loans at 19% of AUM, up 48% YoY and 14% QoQ.
The company operates 230 branches across 17 states and 2 UTs, focusing on secured MSME loans in the ₹5–30 lakh segment.
Unaudited financial results for the quarter and nine months ended December 31, 2025, were approved by the Board on January 24, 2026, following Audit Committee review.
Financial highlights
Total income for Q3 FY26 was ₹426 crore, up 27.8% YoY; PAT was ₹118 crore, up 34% YoY.
Yield for the quarter at 17.78%, down 23 bps QoQ and 3 bps YoY; cost of borrowing at 8.74%, down 22 bps QoQ and 57 bps YoY.
Spread stable at 9.04% QoQ, up 54 bps YoY.
Cost-to-income ratio improved to 35%; operating expenses to AAUM ratio improved to 3.93%.
Capital adequacy ratio at 31.7%; tangible net worth at ₹3,306 crore.
Outlook and guidance
AUM growth guidance maintained at 5%-7% QoQ for FY 2026.
Operating cost reduction of 50 bps targeted for the year, with further efficiency improvements planned.
Credit cost expected to remain within a 5-10 bps range variation in the next quarter; full-year guidance to be provided in April.
No deviation in the use of NCD proceeds; funds fully utilized for on-lending to secured MSMEs and gold loans.
The company continues to focus on granular, secured lending with robust credit underwriting.
Impairment cost trend vs. revenue growth?
What factors contributed to the CRAR decline?
What is the impact of NCD proceeds on loan book?
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Next SBFC Finance earnings date
Q4 25/2627 Apr, 2026
SBFC Finance
Next SBFC Finance earnings date
Q4 25/2627 Apr, 2026
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