SBFC Finance Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
SBFC Finance reported AUM growth of 27% year-on-year to INR 11,922 crores for Q1 FY27, with spreads improving 39 basis points to 9.4% and NIMs at 10.6%. Management flagged softer login-to-disbursal conversion at 34% versus 42% a year earlier, attributing it to inflation-driven stress on household repayment capacity in the sub-INR 10 lakh segment. PAT for the quarter stood at INR 130 crores, up 29% year-on-year, while Stage 2 ECL provisioning was raised to 16% from 6%, taking total provisioning to assets to 1.91%.
SBFC Finance reported AUM of Rs 11,270 crores for March 2026, up 29% year-on-year and 8% quarter-on-quarter, with MSME AUM at Rs 8,873 crores and gold loan AUM at Rs 2,374 crores. Full year PAT grew 31% year-on-year to Rs 451 crores, while quarterly PAT was Rs 123 crores, up 30% year-on-year. Management discussed cost of funds, cost of operations and cost of credit trends, an annual refresh of the PD/LGD model for ECL calculation, and branch expansion from 205 to 251 branches during FY26.