SG Finserv has announced strong financial results for the second quarter, showcasing significant growth across key metrics. The non-banking financial company (NBFC) has demonstrated impressive performance, with substantial increases in revenue, profitability, and operational efficiency.

Financial Highlights

SG Finserv's Q2 performance reflects robust growth and improved profitability:

The company's net profit more than doubled year-on-year, showcasing strong bottom-line growth. Revenue saw a significant jump of 142%, indicating robust business expansion. EBITDA growth outpaced revenue growth, suggesting improved operational efficiency.

Key Financial Metrics

SG Finserv reported the following key financial metrics:

• Net Worth: ₹1,07,117.71 lakh
• Debt-Equity Ratio: 1.77
• Total Debts to Total Assets Ratio: 0.63
• Capital to Risk-Weighted Assets Ratio: 36.65%

These figures indicate a strong capital position and prudent risk management practices.

Corporate Governance Updates

The Board of Directors has approved several key appointments and re-appointments:

1. Re-appointment of Mr. H.S.U. Kamath and Mr. Dukhabandhu Rath as Independent Directors for a second term of five years.

2. Appointment of Mr. Vinay Gupta as the new Chief Executive Officer.

3. Elevation of Mr. Sanjay Rajput to the position of Chief Financial Officer.

4. Appointment of Mr. Kush Mishra as Company Secretary and Compliance Officer.

5. Appointment of Mr. Saurabh Mishra as Head of Internal Audit.

These appointments reflect SG Finserv's commitment to strengthening its leadership team and corporate governance structure.

Outlook

SG Finserv's strong Q2 performance, coupled with its robust financial position and strategic leadership appointments, positions the company well for continued growth in the NBFC sector. The significant improvement in EBITDA margin suggests enhanced operational efficiency, which could drive further profitability improvements in the coming quarters.

Investors and stakeholders will likely keep a close watch on how the new leadership team navigates the evolving financial services landscape and capitalizes on growth opportunities in the sector.

SG Finserv Limited, a prominent player in the financial services sector, has unveiled a series of significant leadership changes and director re-appointments, signaling a new chapter in the company's corporate governance and management structure.

Board Approves Re-appointment of Independent Directors

The Board of Directors has given its nod to the re-appointment of two Independent Directors for their second five-year terms, subject to shareholder approval:

• Mr. H.S.U. Kamath (DIN: 02648119): Re-appointed effective February 13, 2026
• Mr. Dukhabandhu Rath (DIN: 08965826): Re-appointed effective January 25, 2026

Both directors bring extensive experience in the banking sector, with Mr. Kamath having served as CMD of Vijaya Bank and MD & CEO of Tamilnad Mercantile Bank, while Mr. Rath boasts nearly four decades of service in the Indian Banking Industry, primarily with State Bank of India.

Key Management Changes

SG Finserv has announced several pivotal changes in its top management:

Vinay Gupta, the incoming CEO, brings over two decades of experience in banking, with expertise in Supply Chain Finance and Trade Finance. Sanjay Rajput, elevated to CFO, is a seasoned Chartered Accountant with 17+ years of experience across various finance functions.

Additional Board Decisions

The Board has also:

1. Authorized an application to the Reserve Bank of India for appointing Deepak Kumar as a Non-Executive Non-Independent Director.
2. Approved the unaudited financial results for the quarter and half-year ended September 30, 2025.
3. Deferred the proposed issuance of Non-Convertible Debentures.

Financial Highlights

For the quarter ended September 30, 2025, SG Finserv reported:

• Net Worth: ₹107,117.71 lakhs
• Net Profit After Tax: ₹2,839.96 lakhs
• Earnings Per Share (Basic): ₹5.08
• Net Profit Margin: 37.87%

The company's debt-to-equity ratio stood at 1.77, indicating a moderate level of leverage.

These changes reflect SG Finserv's commitment to strengthening its leadership team and corporate governance structure. As the company navigates through these transitions, stakeholders will be keenly watching how these moves impact its strategic direction and financial performance in the coming quarters.