Supra Pacific Financial Services reported a net profit of ₹2.67 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 110.66% increase compared to ₹1.23 crore in the same period last year. Total revenue rose 41.14% year-on-year to ₹26.11 crore, supported by robust growth in interest income and fees. Assets under management (AUM) expanded 25.86% to ₹365.58 crore, reflecting continued portfolio expansion. The Board of Directors approved these unaudited financial results on August 12, 2026, alongside proposals to raise debt capital and increase borrowing limits.

The Board approved the issuance of Unsecured Subordinated Debts and Non-Convertible Debentures (NCDs), each up to ₹500 crore, subject to shareholder approval at the forthcoming Annual General Meeting (AGM). Additionally, the borrowing limit was proposed to be increased from ₹1,000 crore to ₹1,500 crore under Section 180(1)(C) of the Companies Act, 2013. Mr. Manoj Karumathil retires by rotation and has offered himself for re-appointment. The 40th AGM is scheduled for September 21, 2026, with remote e-voting facilitated by Central Depository Services (India) Limited (CDSL). CS Vivekkumar of DV and Associates was appointed as the scrutinizer.

Financial Performance

Total income stood at ₹26.11 crore in Q1FY27, up from ₹18.50 crore in Q1FY26. Interest income contributed ₹21.44 crore, a 24.34% increase from ₹17.24 crore in the prior year quarter. Fees and commission income surged 151% to ₹2.57 crore from ₹1.02 crore. Other income declined to ₹2.10 crore from ₹3.18 crore in the previous quarter but remained significantly higher than the ₹0.23 crore recorded in Q1FY26.

Profit before tax (PBT) increased 80.12% to ₹2.90 crore. Total expenses rose 37.50% to ₹23.21 crore, primarily due to higher finance costs of ₹11.28 crore compared to ₹6.40 crore in Q1FY26. Employee benefit expenses grew to ₹7.04 crore from ₹6.69 crore. Impairment on financial instruments was ₹0.67 crore, compared to ₹0.55 crore in the prior year quarter. Basic earnings per share (EPS) were ₹0.76, up from ₹0.39 in Q1FY26.

Operational Highlights

The company’s asset quality remained stable with Gross NPA at 1.24% and Net NPA at 0.75%. Capital adequacy ratio (CRAR) stood at 38.02%, well above regulatory thresholds. Net worth strengthened to ₹117.26 crore, up 2.00% from ₹114.96 crore at the end of FY26. Shareholders’ fund reached ₹120.31 crore, a 57.85% increase from ₹76.22 crore in Q1FY26. Total disbursements during the quarter amounted to ₹158.81 crore, contributing to the AUM growth. The number of live customers stood at 41,829. Yield on assets was 23.91%, while borrowing costs were maintained at 12.78%.

What the Numbers Show

The divergence between revenue growth (41.14%) and expense growth (37.50%) indicates operating leverage, though finance costs remain the largest expense head, rising sharply from ₹6.40 crore to ₹11.28 crore. This suggests aggressive funding of the expanding loan book. The significant jump in fees and commission income (+151%) points to successful cross-selling or higher fee-based services adoption, diversifying revenue beyond traditional interest income. The consistent improvement in net worth and shareholders’ fund over three quarters underscores retained earnings driving capital strength without immediate equity dilution.

Supra Pacific Financial Services Ltd has approved the issuance of secured, unrated, and unlisted Non-Convertible Debentures (NCDs) aggregating to ₹10 crore on a private placement basis. The Board of Directors finalized the terms during a meeting held on July 25, 2026, aiming to raise capital through instruments with tenors ranging from 13 to 70 months. The issuance targets investors subscribing less than ₹1 crore per entity, adhering to specific regulatory categories for smaller subscriptions.

The company will issue 1,00,000 NCDs, creating a charge on its current assets as security. Interest rates vary by tenure and payment frequency, ranging from 11.00% for monthly payments over 13 months to 12.60% for a cumulative scheme over 70 months. Enhanced rates are offered to women and senior citizens. Allotment is scheduled before August 31, 2026, with maturity dates corresponding to the selected tenures.

Issuance Details

The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Leena Yezhuvath, Company Secretary & Compliance Officer, signed the disclosure. The Board also reviewed business operations and prospects during the meeting, which concluded at 11:30 a.m. No delays in interest or principal payments were reported for existing securities.