SG Finserv , a leading tech-enabled Non-Banking Financial Company (NBFC), has reported robust financial results for the second quarter of fiscal year 2026, alongside significant changes in its leadership team.

Financial Highlights

SG Finserv demonstrated impressive growth in Q2 FY26:

• Operating Income reached ₹74.72 crore, up 11% from ₹67.59 crore in Q1 FY26.
• Net Interest Income (NII) increased to ₹44.39 crore from ₹42.79 crore in the previous quarter.
• Profit After Tax (PAT) surged to ₹28.40 crore, marking a 16% increase from ₹24.52 crore in Q1 FY26.

The company's loan book expanded significantly, reaching ₹2,878.00 crore at the end of Q2 FY26, a 15% increase from ₹2,504.00 crore in Q1 FY26.

Half-Yearly Performance

For the first half of FY26, SG Finserv reported even more substantial year-on-year growth:

• Operating Income rose by 91% to ₹142.31 crore, compared to ₹74.43 crore in H1 FY25.
• PAT increased by 58% to ₹52.92 crore from ₹33.51 crore in the same period last year.
• The loan book saw a remarkable 250% growth, reaching ₹2,878.00 crore from ₹822.00 crore in H1 FY25.

Key Financial Metrics

As of September 30, 2025:

Leadership Changes

The company announced several key changes to its leadership team:

1. Mr. Vinay Gupta will join as the new Chief Executive Officer, replacing Mr. Sorabh Dhawan.
2. Mr. Sanjay Rajput will be elevated to Chief Financial Officer, succeeding Mr. Sahil Sikka.
3. Mr. Kush Mishra has been appointed as Company Secretary and Compliance Officer.
4. Mr. Saurabh Mishra will join as Head of Internal Audit.

Strategic Focus

SG Finserv continues to emphasize its growth in supply chain financing and working capital solutions for MSMEs. The company has expanded its partnerships with major corporates, including Tata Group, AMNS India, and Vedanta, among others.

Future Outlook

With a strong financial performance and strategic leadership changes, SG Finserv is positioning itself for continued growth. The company aims to achieve a target loan book of ₹6,000.00 crore by FY27, supported by secured equity commitments and potential banking limit increases.

SG Finserv's focus on digital transformation, including the development of AI-driven monitoring tools and a new customer mobile app, underscores its commitment to leveraging technology for business growth and customer service enhancement.

As the company continues to expand its presence across India and strengthen its position in the NBFC sector, investors and industry observers will be watching closely to see how these strategic moves translate into long-term value creation.

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.