Supra Pacific Financial Services reported a total loan book of ₹418 crore as on September 30, 2026, driven by strong disbursement activity in the second quarter of FY27.

The NBFC logged total disbursements of ₹305 crore during Q2FY27 and ₹464 crore for the six months ended September 30, 2026. Collections during the quarter stood at ₹232 crore, rising to ₹382 crore for the half-year period.

Loan Portfolio Composition

The company’s credit exposure is heavily weighted towards gold loans, which constitute the majority of its principal outstanding. Vehicle and microfinance loans form the secondary pillars of the portfolio.

Funding and Asset Quality

To support its lending operations, Supra Pacific maintains a diversified funding mix totaling ₹409 crore. The liability structure includes significant contributions from non-convertible debentures and subordinated debts.

Asset quality remains stable with the Gross NPA recorded at ₹5 crore as on September 30, 2026. The company currently operates through 101 branches across six states.

What the Numbers Show

A close examination of the balance sheet reveals a tight liquidity management strategy. With total borrowings at ₹409 crore against a loan book of ₹418 crore, the company is operating with a leverage ratio approaching 1:1. This near-parity between assets funded by debt and the total loan book suggests minimal equity cushion or retained earnings visible in this snapshot, indicating that growth is being aggressively financed through external borrowing rather than internal accruals.

Supra Pacific Financial Services Limited shareholders approved a significant increase in borrowing powers during the company’s 40th Annual General Meeting (AGM). The resolution allows the firm to raise borrowing up to ₹1,500 crore under Section 180(1)(c) of the Companies Act, 2013.

The meeting, conducted via Video Conference/Other Audio Visual Means (OAVM), also saw the approval for the issuance of Non-Convertible Debentures (NCDs) through private placement and authority to issue unsecured subordinated debts. Voting results were formally declared on September 23, 2026, pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015.

Key Resolutions Passed

Shareholders transacted both ordinary and special business items. The ordinary business included adopting the audited standalone financial statements for FY26 and reappointing director Manoj Karumathil, who retired by rotation.

The special business resolutions focused on capital structure flexibility:

• Issuance of NCDs via private placement.
• Authority to issue unsecured subordinated debts.
• Increasing borrowing powers to ₹1,500 crore.

Voting Results and Participation

The company facilitated e-voting through the CDSL platform from September 18 to September 20, 2026. The record date for determining entitled shareholders was September 14, 2026. A total of 5,018 shareholders were on the record date. Eighty-eight members attended the meeting virtually (2 promoters and 86 public shareholders).

The final voting results indicate overwhelming support for all proposed resolutions:

Promoter and promoter group voted in favour of all resolutions with 100% support. Public non-institutional investors provided the bulk of dissenting votes, particularly against the director reappointment (0.70% of public votes polled).

Attendance and Proceedings

The AGM commenced at 11:00 am and concluded at 11:27 am on September 21, 2026. Joby George, Chairman and Managing Director, chaired the session. Key management personnel including CEO Manoj Ravi, CFO Rajeev M.R, and Company Secretary Leena Yezhuvath also attended.

Directors in Attendance

DV & Associates served as scrutinizers, while G Joseph and Associates acted as statutory auditors.

Regulatory Disclosure

The proceedings were disclosed pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results were submitted to BSE Limited on September 23, 2026, along with the scrutinizer's report.