Shalibhadra Finance appoints Mrs. Megha Singh as Company Secretary cum Compliance Officer

Shalibhadra Finance Limited has appointed Mrs. Megha Singh as its Company Secretary cum Compliance Officer, effective July 9, 2026. The appointment ensures the company remains compliant with regulatory requirements regarding corporate governance and secretarial oversight. The decision was communicated to the stock exchanges with reference to Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mrs. Megha Singh is a qualified Company Secretary and a member of the Institute of Company Secretaries of India (ICSI) holding membership number ACS46779. She possesses experience in the field of compliance. The appointment was made pursuant to Section 203 of the Companies Act, 2013, read with Rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Appointment Details

Detail	Information
Name	Mrs. Megha Singh
Designation	Company Secretary cum Compliance Officer
Date of Appointment	July 9, 2026
Membership Number	ACS46779
Email	meghasingh.ms61@gmail.com
Experience	Compliance

The filing was submitted by Vatsal M. Doshi, Managing Director of Shalibhadra Finance Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.16%	-1.58%	-2.90%	-7.37%	-7.37%	-7.37%

Shalibhadra Finance Limited reported a 25% year-on-year growth in assets under management (AUM) to ₹220 crore for FY26, up from ₹176 crore in FY25. The company’s net profit after tax (PAT) increased 21.67% to ₹19.48 crore, driven by a robust return on investment (ROI) of 8.65% and a return on equity (ROE) of 11.33%. Management disclosed these figures during the Q4 and FY26 earnings conference call held on June 1, 2026.

Financial Performance and Asset Quality

The company maintained a nearly 100% secured book with a gross non-performing asset (GNPA) ratio of 2.94%. Its capital to risk-weighted assets ratio (CRAR) stood strong at 78.28%, providing substantial headroom for scaling without equity dilution. The net worth of the company is reported at ₹172 crore.

Strategic Growth Drivers

Shalibhadra Finance is executing a 'Shalibhadra 2.0' strategy anchored on three pillars: capital strength, technology, and branch expansion. The company aims to reach an AUM of ₹500 crore by FY29 and ₹1,000 crore in the near future without further equity dilution. To achieve this, it is expanding its product portfolio beyond vehicle finance to include micro-loans against property (LAP), home loans, and personal loans.

Operational Metrics and Guidance

Management provided specific guidance on portfolio mix and efficiency. As the company scales, the return on assets (ROA) is expected to moderate from the current 8.65% to around 7% within the next two to three years due to the inclusion of higher-ticket segments like LAP and home loans. The cost of borrowing is projected to decrease as the share of nationalized bank funding rises from the current 40% to a target of 60% by FY29.

Metric	FY26 Value / Guidance
AUM	₹220 crore
PAT	₹19.48 crore
GNPA	2.94%
CRAR	78.28%
ROA	8.65% (expected ~7% in 2-3 years)
Target AUM (FY29)	₹500 crore

Expansion Plans

The company currently operates 61 branches and targets 100 branches by FY29, with a specific goal of reaching 70 branches by the current calendar year end. The capex per branch is approximately ₹20 lakh, with branches typically breaking even at an AUM of ₹50 lakh within 1 to 1.5 years. New branches are being deployed in regions such as Saurashtra in Gujarat, Bhopal in Madhya Pradesh, and Nagpur in Maharashtra, alongside selective entry into Karnataka and Goa.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE861D01011/1015f6869b414a17.pdf