SBFC Finance Limited has announced a major leadership transition following its Board meeting held on January 24, 2026, marking a significant milestone in the company's organizational restructuring.

Leadership Transition at Top Management

The Board of Directors approved the resignation of Aseem Dhru from his position as Managing Director & CEO, effective from the close of business hours on March 31, 2026. In recognition of his contributions, the Board has approved his re-designation as Non-Executive Non-Independent Director designated as Vice-Chairman, effective April 1, 2026, subject to required approvals.

The Board placed on record its appreciation for Dhru's contributions in steering the company to create significant value during his tenure.

New Managing Director & CEO Appointment

Mahesh Dayani, currently serving as Executive Director, has been re-designated as Managing Director & CEO for a term of five consecutive years from April 1, 2026 to March 31, 2031. This appointment is subject to shareholder approval and he will be liable to retire by rotation.

Dayani brings over 26 years of experience across wholesale, commercial, transaction and retail banking. He holds a Bachelor's degree in Commerce from the University of Calcutta and a Post Graduate Diploma in Business Administration from ICFAI Business School, Hyderabad. He has been associated with the company since November 1, 2017, initially as Chief Business Officer before his appointment as Executive Director effective February 28, 2025.

Chief Collections Officer Resignation

Sai Prashant Menon, Chief Collections Officer, has tendered his resignation effective January 31, 2026, to pursue new professional opportunities. In his resignation letter dated January 24, 2026, Menon expressed gratitude for his 5.8 years with the company and committed to ensuring a smooth transition of responsibilities.

Shareholder Approval Process

The company will seek shareholder approval for Dayani's appointment through postal ballot in accordance with Sections 110 and other applicable provisions of the Companies Act, 2013. The Board has fixed January 30, 2026 as the cut-off date for ascertaining the list of members eligible to receive the postal ballot notice and for reckoning voting rights.

Board Meeting Details

The Board meeting commenced at 1:30 PM IST and concluded at 3:15 PM IST on January 24, 2026. All decisions were made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The required disclosures and resignation letters have been submitted to the stock exchanges and uploaded on the company's website.

SBFC Finance Limited announced robust financial performance for the quarter and nine months ended December 31, 2025, demonstrating strong growth across key metrics. The non-banking financial company, registered with the Reserve Bank of India and classified under the "Middle Layer" pursuant to RBI's scale-based regulation directions, delivered impressive results that reflect its solid operational execution.

Financial Performance Highlights

The company's financial performance showed remarkable improvement across all major parameters. Net profit for Q3FY26 surged 34.01% year-on-year, while total income registered strong double-digit growth, underlining the company's expanding business operations.

Nine-Month Performance

For the nine months ended December 31, 2025, SBFC Finance maintained its growth trajectory with consistent performance improvements. The company's nine-month results demonstrate sustained operational efficiency and business expansion.

Revenue Composition and Growth Drivers

The company's revenue growth was primarily driven by strong performance in its core lending business. Interest income, the primary revenue source, grew significantly during the quarter, reflecting the company's expanding loan portfolio and improved yield management.

Key Revenue Components for Q3FY26:

• Interest income: ₹3,973.09 million (vs ₹3,073.13 million in Q3FY25)
• Fees and commission income: ₹280.90 million (vs ₹146.47 million in Q3FY25)
• Net gain on fair value changes: ₹(11.54) million (vs ₹32.79 million in Q3FY25)
• Other operating income: ₹13.21 million (vs ₹79.21 million in Q3FY25)

Asset Quality and Risk Management

SBFC Finance maintained healthy asset quality parameters, demonstrating effective risk management practices. The company's asset quality metrics remained stable, reflecting prudent lending practices and robust collection mechanisms.

Capital Adequacy and Financial Ratios

The company maintained strong capital adequacy ratios and financial metrics, providing a solid foundation for future growth. Key financial ratios demonstrate the company's robust financial position and operational efficiency.

Key Financial Ratios:

• Capital to Risk Assets Ratio: 31.70% (vs 38.36% in Q3FY25)
• Debt Equity Ratio: 1.97 times (vs 1.56 times in Q3FY25)
• Net Profit Margin: 27.72% (vs 26.43% in Q3FY25)
• Liquidity Coverage Ratio: 213.40% (vs 285.06% in Q3FY25)

Earnings Per Share and Market Metrics

The company's earnings per share showed improvement, reflecting the strong bottom-line growth. Both basic and diluted EPS registered healthy increases compared to the corresponding quarter last year.

The Board of Directors approved these unaudited financial results at their meeting held on January 24, 2026, following recommendation from the Audit Committee. The results have been reviewed by the company's statutory auditors, M M Nissim & Co LLP, Chartered Accountants.

Source: