SG Finserve Limited has informed the Exchange about Investor Presentation
SG Finserve Limited
Date: October 13, 2025
To,
Secretary Listing Department BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001
National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra – Kurla Complex, Bandra (E), Mumbai – 400 051
BSE Scrip Code: 539199
NSE Symbol: SGFIN
Dear Sir/Madam,
Sub: Earnings Presentation and Press Release on un-audited financial result for the quarter and half year ended September 30, 2025
In terms of Regulation 30 of the Listing Regulations read with Schedule III to the Listing regulations, please find attached Earnings Presentation and Press Release respectively made by the Company on Un- audited Financial Results of the Company for the quarter and half year ended September 30, 2025.The same is also available on the website of company i.e. www.sgfinserve.com
This disclosure along with the enclosures shall be made available on the website of the Company viz www.sgfinserve.com
Kindly take the same in your record.
Thanking you. For SG Finserve Limited
Kush Mishra Company Secretary & Compliance Officer M.no: 62001
SG Finserve Limited (CIN: L64990DL1994PLC057941) Regd. Office: 37, Hargobind Enclave, Vikas Marg, East Delhi, Delhi-110092, Ph.: 011-41450121 Corporate Office: - 35-36 Kaushambi, Near Anand Vihar Terminal, Ghaziabad, Uttar Pradesh - 201010 E-mail: info@sgfinserve.com, Website: www.sgfinserve.com
Press Release from SG Finserve Limited
SG Finserve Limited (SGFL)
FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2025 PROFIT AFTER TAX (PAT) | Q2FY26 – INR 28.40 crores| H1FY26- INR 52.92 crores
Ghaziabad, 13th October 2025: The Board of Directors of SGFL today announced the financial results for the quarter and half year ended 30th September 2025.
Q2-FY26 vs Q1FY26 (Quarter on Quarter)
Operating Income for the quarter is INR 74.72 crores as against INR 67.59 crores in Q1FY25.
Net Interest Income ( N I I ) of INR 44.39 crores as against INR 42.79 crores in Q1FY25.
The Company achieved PAT of INR 28.40 crores as against INR 24.52 crores in Q1FY25.
H1-FY26 vs H1FY25 (Year on Year)
Operating Income for H 1 FY26 is INR 142.31 crores as against INR 74.43 crores achieved for the same
period previous financial year;
Net Interest Income ( N I I ) of INR 87.18 crores as against INR 62.18 crores achieved for the same
period previous financial year;
The Company achieved PAT of INR 52.92 crores as against INR 33.51 crores achieved in same period
previous financial year;
Management’s Message
We are pleased to announce the financial results of SG Finserve Limited for the quarter and half year ended 30th September 2025.
Please find herewith investor presentation for further details.
Synopsis for Q2FY2026 (Quarter on Quarter)
Loan Book EOP: Achieved closing Loan Book of INR 2,878 crores vis-a-vis INR 2,504 crores achieved in
Q1FY25, growth of 15% Q-o-Q basis;
Average Loan Book: Achieved Average Loan Book of INR 2,526 crores vis-a-vis INR 2,096 crores
achieved in Q1FY25, growth of 21% Q-o-Q basis;
Income Achievement: Operating Income of INR 74.72 crores, vis a vis INR 67.59 crores achieved in
Q1FY25, growth of 11% Q-o-Q basis;
Profitability: Achieved Profit After Tax (PAT) of INR 28.40 crores, vis-à-vis INR 24.52 crores achieved in
Q1FY25, growth of 16% Q-o-Q basis;
H1-FY26 vs H1FY25 (Year on Year)
Loan Book EOP: Achieved closing Loan Book of INR 2,878 crores vis-a-vis INR 822 crores achieved in
H1FY25, growth of 250% y-o-y basis;
Average Loan Book: Achieved Average Loan Book of INR 2,386 crores vis-a-vis INR 1,070 crores
achieved in H1FY25, growth of 123% y-o-y basis;
Income Achievement: Operating Income of INR 142.31 crores, vis a vis INR 74.43 crores achieved in
H1FY25, growth of 91% y-o-y basis;
Profitability: Achieved Profit After Tax (PAT) of INR 52.92 crores, vis-à-vis INR 33.51 crores achieved in
H1FY25, growth of 58% Y-o-Y basis;
For more information, please contact:
Sahil Sikka COO & CFO +91-120- 4041504
Sorabh Dhawan CEO
+91-99031 97111
EXPANDING OUR OUTREACH
DIGITALLY
MSME SUPPLY CHAIN FINANCING INVESTOR PRESENTATION H1 FY26
SAFE HARBOUR
This presentation has been prepared by SG Finserve Limited (the “Company”) solely for your information. By accessing this presentation, you agree to be bound by the following restrictions. This presentation is for information purposes only and should not be deemed to constitute or form part of any offer, invitation, or inducement to sell or issue any securities, or any solicitation of any offer to purchase or subscribe for any securities of the Company. Nor shall it or any part of it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. This presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdiction, including India. There is no obligation to update, modify, or amend this communication or notify the recipient in any other manner if the information, opinion, projection, forecast, or estimate set forth herein changes or becomes inaccurate. However, the Company may alter, modify, or otherwise change in any manner the content of this presentation without obligation to notify any person of such change. The financial information in this presentation may have been reclassified and reformatted for clarity. You may also refer to the Company’s financial statements, available at www.sgfinserve.com, before making any decision based on this information. Certain statements in this presentation that are not statements of historical fact constitute forward-looking statements. These forward-looking statements include descriptions regarding the intent, belief, or current expectations of the Company or its directors and officers concerning the results of operations and the Company’s financial condition. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ from those in such forward-looking statements due to various factors and assumptions that the Company presently believes to be reasonable based on its operating experience in recent years. However, these assumptions may prove to be incorrect. Potential investors must assess the relevance, accuracy, and adequacy of the information contained in this presentation and must make an independent investigation as they may consider necessary or appropriate. This presentation and its contents are for general information purposes only, without regard to any specific objectives, financial situations, or informational needs of any particular person. They should not be distributed, published, reproduced (in whole or in part), or disclosed by recipients directly or indirectly to any other person.
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
FUELING INDIA’S SUPPLY CHAIN – ONE QUARTER AT A TIME
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
ACHIEVEMENTS
Sep 2022
Sep 2025
37 MONTHS
LOAN BOOK
₹2,878 CRORE AS OF SEP' 2025
ANCHORS ONBOARDED
GROSS DISBURSEMENTS
₹52,228 CRORE
INVOICES FINANCED
4.25 LAKH+
CUSTOMER BASE
1,000+ MSMEs SERVED
DIGITAL SYSTEMS
PROPRIETARY PLATFORM FOR SEAMLESS INVOICE DISCOUNTING
NET WORTH
₹1071 CRORE
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
Building Material &ConsumablesAutomobileIT Peripherals &Mobiles Q2/FY26 AT A GLANCE
5,846
2,878
1,071
1,897
GROSS DISBURSEMENTS (INR CRORE)
LOAN BOOK EOP (INR CRORE)
EQUITY EOP (INR CRORE)
TOTAL DEBT (INR CRORE)
NIL
GROSS NPA (%)
75
44
38
4.50
10.71
TOTAL INCOME (INR CRORE)
NET INTEREST INCOME (INR CRORE)
PROFIT BEFORE TAX (INR CRORE)
RETURN ON ASSET ANNUALISED (%)
RETURN ON EQUITY ANNUALISED (%)
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
PERFORMANCE QUARTER ON QUARTER
GROSS DISBURSEMENTS
LOAN BOOK EOP
AVERAGE LOAN BOOK
OPERATING INCOME
PROFIT AFTER TAX
11%
15%
21%
11%
16%
Q2/FY26
Q1/FY26
Q2/FY26 5,846 (INR Crore)
Q1/FY26 5,284 (INR Crore)
Q2/FY26 2,878 (INR Crore)
Q1/FY26 2,504 (INR Crore)
Q2/FY26 2,526 (INR Crore)
Q1/FY26 2,096 (INR Crore)
Q2/FY26 74.72 (INR Crore)
Q1/FY26 67.59 (INR Crore)
Q2/FY26 28.40 (INR Crore)
Q1/FY26 24.52 (INR Crore)
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
PERFORMANCE H1FY26 VS H1FY25
GROSS DISBURSEMENTS
LOAN BOOK EOP
AVERAGE LOAN BOOK
OPERATING INCOME
PROFIT AFTER TAX
39%
250%
123%
91%
58%
H1/FY26
H1/FY25
H1/FY26 11,130 (INR Crore)
H1/FY26 8,022 (INR Crore)
H1/FY26 2,878 (INR Crore)
H1/FY26 822 (INR Crore)
H1/FY26 2,386 (INR Crore)
Q1/FY26 1,070 (INR Crore)
H1/FY26 142.31 (INR Crore)
H1/FY26 74.43 (INR Crore)
H1/FY26 52.92 (INR Crore)
H1/FY26 33.51 (INR Crore)
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
A SNAPSHOT
PARTICULARS
Interest Income
Fee & Other Income
Operating Income
Q2FY26
Q1FY26
Q-o-Q Change (%)
H1FY26
H1FY25
Y-o-Y Change
Q2FY26 ROA TREE
72.63 64.80 12% 137.43 73.58 87% 11.50%
2.09 2.79 -25% 4.88 0.85 472% 0.33%
74.72 67.59 11% 142.31 74.43 91% 11.83%
Non - Operating Income
- -
Total Income
Interest Expenses
Net Interest Income
Operating Expenses
74.72 67.59 11% 142.31 74.43 91% 11.83%
30.33 24.80 22% 55.13 12.26 350% 4.80%
44.39 42.79 4% 87.18 62.18 40% 7.03%
6.03 7.90 -24% 13.93 12.98 7% 0.95%
Profit before Provision & Tax
38.36 34.89 10% 73.25 49.20 49% 6.07%
Provision on Standard Assets
-0.08 1.03 0.95 2.27 -58% -0.01%
Profit Before Tax
Income Tax
Profit After Tax
LOAN BOOK EOP
Average Loan Book
38.44 33.85 14% 72.29 46.93 54% 6.09%
10.04 9.34 8% 19.38 13.42 44% 1.59%
28.40 24.52 16% 52.92 33.51 58% 4.50%
2878 2504 15% 2878 822 250%
2526 2096 21% 2386 1070 123%
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
WAYFORWARD JOURNEY AHEAD
Target AUM (Amount in crores) FY 2026 & FY 2027
6000
4000
2326
2878 Q2FY26
1673
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
FY 2024FY 2025FY 2026FY 20270100020003000400050006000 KEY INGREDIENTS - WAY FORWARD
NAME OF CREDIT RATING AGENCY
PREVIOUS RATED AMOUNT (Rs. Cr)
RATING ACTION
CREDIT RATING ASSIGNED ON
1. FINANCIAL RESOURCE
1.
2.
3.
Secured equity commitments for an additional INR 450 crore through share warrants. Out of this, INR 112 crore in Oct’24. Balance stands funds of INR 338 сrore will be received by April’26.
received
Credit Rating of AA (CE)/ A1+ from two reputed rating agencies- CRISIL Ratings and ICRA.
raising banking
limits Considering aggregating to INR 4,500 crore to fuel growth for FY2027. Current sanctioned limits from banks/FI’s stood at Rs. 1,961 Crore as on 30th Sept vis a vis Rs 1766 Crore as on 30th June.
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
INSTRUMENT
Long term Rating on long term bank loan facility
Long Term-Fund based/Non-fund based bank facilities
CRISIL
1000.00
ICRA
1000.00
Commercial Paper
ICRA
200.00
Non-Convertible Debentures
ICRA
50.00
CRISIL AA (CE) / Stable (Assigned)
(Provisional) [ICRA]AA(CE) (Stable); Assigned
[ICRA]A1+; Assigned
[ICRA]AA(CE) (Stable); Assigned
16/04/2025
8/04/2025
8/04/2025
8/04/2025
KEY INGREDIENTS - WAY FORWARD
2. BLUEPRINT FOR FY27
We have established partnerships with marquee corporates, including the TATA Group, AMNS India, Vedanta, Ashok Leyland, JSW-MG Motors, APL Apollo, Adani Group, Jindal Steel, Kajaria Ceramics, Bajaj Electricals, and Oppo, all of which are market leaders in their respective fields.
MOUs with Anchors aggregating to INR 6,550 crore (up by INR 1,050 crores in H1 FY 26) already in place, providing a blueprint to achieve the target loan book for FY27.
We will continue to focus on penetrating existing large anchors and target established anchors for incremental business.
NEW ADDITIONS FOR THE QUARTER
MOUs with Anchors Program size (INR Crore)
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
APL Apollo GroupTata Motors Ltd. (All Vehicles)Shyam Metalics GroupKutch Copper Ltd.SG Mart Ltd.JSW MG Motors Pvt. Ltd.Arcelor Mittal Nippon Steel India Pvt. Ltd.Ashok Leyland Ltd.Switch Mobility Automotive LimitedEastman Auto & Power Ltd. Tata Steel Ltd.Mahindra & Mahindra Ltd.Bajaj Electricals Ltd.Redington India Ltd.Oppo & AffiliatesVedanta GroupPolycab India Ltd.Tata Bluescope India Pvt. Ltd. Whirlpool of India Ltd.Inflow Technologies Pvt. Ltd.Apollo Pipes Ltd.Bata India Ltd.INGRAM Micro India Pvt. Ltd.Kajaria Ceramics Ltd.Symphony LimitedHavells India Ltd.Supertron Electronics Pvt. Ltd.Jindal Steel & Power Ltd.Kisan Mouldings Ltd.“Dealers of”Saint GobainSomany KEY INGREDIENTS - WAY FORWARD
3. TECHNOLOGY INTERVENTIONS
SCORING & CREDIT RATING MODEL - The LIVE proprietary scoring and rating model provides borrower ratings tailored to the underlying anchor, enabling quicker and more accurate credit assessments.
CREDIT MONITORING TOOL - An AI-driven Monitoring Tool under development shall be LIVE by 31st December 2025 to streamline and help monitor our existing loans & borrowers’ financial performance & operational conduct.
MOBILE APP - We are excited to announce that we have launch “Customer Mobile App (Android)”, offering real-time access to loan information, transaction history, and service requests, thereby enhancing client convenience and engagement.
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
ABOUT THECOMPANY SIGNIFICANCE OF SUPPLY CHAIN FINANCE
FOR MSMEs
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
Unlocks Working CapitalSCF helps MSMEs convert unpaid invoices intoimmediate cash, ensuring liquidity without waitingfor long credit cycles.Enables Digital & Credit InclusionSCF often brings first-time borrowers into theformal financial system, helping build credithistory for future access to capital.Builds Vendor ConfidenceFaster payments boost trust, allowing MSMEs to fulfilllarger orders and maintain better relationships withanchors.Strengthens Supply Chain ResilienceA financially healthy vendor ecosystem reducesdisruptions and enhances the overall reliability ofthe anchor's supply chain.Reduces Dependency on Informal CreditSCF offers structured, transparent, and affordable financingcompared to high-interest informal borrowings.Fuels Business Continuity & GrowthSteady cash flow empowers MSMEs to invest in inventory,manpower, and operations without disruption. AN EMERGING NEW-AGE
SG FINSERVE LIMITED Streamlining the Supply Chain Financing and optimising the working capital cycle, ensuring Financial Inclusion for Indian MSMEs by all-round use of technology.
Headquartered in Delhi/NCR, India, the Company is a tech enabled RBI registered Non Banking Finance Company (NBFC) providing inclusive business financing solutions to Channel Partners, Dealers, Indian Distributors, Retailers, Buyers, Suppliers OEMs etc. of Corporates.
SGFL leverages technology and distribution network to offer tailored financing solutions to SMEs, MSMEs and other corporates.
Accredited with AA(CE)/ A1+ from reputed rating agencies- CRISIL Ratings and ICRA Rating.
Visit us at: www.sgfinserve.com
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
OUR ONE-STOP SOLUTION
PLATFORM SG Finserve Limited act as One-stop solution to cater the financing needs of all the stakeholders involved in the supply chain.
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
PRODUCTS & SOLUTIONSLoans and Finances primarily includes below:DEALER FINANCINGVENDOR FINANCINGSUPPLY CHAINFINANCING OUR PRESENCE & EXPANDING
WE ARE SPREAD ALL ACROSS INDIA………..
OUR CUSTOMERS PAN INDIA
LOAN BOOK O/S (Zone Wise %)
1. DELHI/NCR 2. JAIPUR 3. LUDHIANA 4. CHANDIGARH 5. DEHRADUN 6. LUCKNOW 7. KANPUR 8. AGRA 9. MUMBAI 10. NAGPUR 11. VADODARA 12. PUNE 13. AURANGABAD
14. AHEMDABAD 15. SURAT 16. INDORE 17. RANCHI 18. GUWAHATI 19. RAIPUR 20. KOLKATA 21. BANGALORE 22. KOCHI 23. MANGALORE 24. HYDERABAD 25. CHENNAI
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
VADODARACHANDIGARHBANGALOREGUWAHATIRANCHIRAIPURKOLKATANAGPURMUMBAIPUNEAURANGABADAHEMDABADSURATDELHI/NCRLUDHIANAJAIPURDEHRADUNLUCKNOWKANPURAGRAKOCHIHYDERABADCHENNAIMANGALOREINDORE41%5%28%26%EASTWESTNORTHSOUTHNo of Locations - 25 OUR EDGE IN THE SPACE
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
EMINENT BOARD
The company has a well-established BOARD consisting of experienced and reputed industry leaders, as mentioned below:
SMT. ASHA ANIL AGGARWAL Ex-Chief Principal Commissioner Income Tax Dept.
SHRI HSU KAMATH Ex-CMD Vijaya Bank & ED Canara Bank
SHRI G. JAGANMOHAN RAO Ex-Principal CGM Reserve Bank of India
SHRI DUKHABANDHU RATH Ex-CGM State Bank of India
SHRI RAKESH SHARMA Ex-CGM State Bank of India
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
OUR EXPERIENCE BANDWIDTH
SORABH DHAWAN CHIEF EXECUTIVE OFFICER
SAHIL SIKKA COO & CFO
ABHISHEK MAHAJAN CHIEF RISK OFFICER
ANKUSH AGARWAL CHIEF EXPERIENCE OFFICER
18 YEARS IN CORPORATE BANKING, EX-KOTAK, HDFC & ADITYA BIRLA FINANCE
16 YEARS IN CORPORATE BANKING, EX- HDFC, KOTAK & ADITYA BIRLA FINANCE
20 YEARS IN CORPORATE BANKING AND RISK MANAGEMENT, EX-IDBI, ICICI & KOTAK
18 YEARS IN CLIENT SERVICING, OPERATIONS& DIGITAL TRANSFORMATION, AUTOMATION, EX-KOTAK, INDUSIND
THE COMPANY has appointed experienced Bankers/ Industry specialists with >16 years of average experience
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
ESTABLISHED all requisite departments, including Business, Risk & Credit, Operations, Compliance, Human Resources and Finance & Accounts
VIVEKANAND TIWARI CHIEF COMPLIANCE OFFICER
RENU RAI CHIEF PEOPLE OFFICER
KUSH MISHRA COMPANYSECRETARY
PRATEEK SOMANI HEAD- ANCHOR RELATIONS
SANJAY RAJPUT HEAD FINANCE & ACCOUNTS
16 YEARS IN BANKING, EX-ICICI, AXIS & INDUSIND
15 YEARS IN HR & ADMIN, EX-APL, FEDDERS LLOYDS & ADVAITAM TECH
MASTER’S IN COMMERCE – IGNOU QUALIFIED COMPANY SECRETARY (2019) – ICSI, 6.2 YEARS OF EXPERIENCE IN FINANCE & NBFC SECTOR
12 YEARS IN INVESTMENT BANKING, STRATEGIC CONSULTING AND CORPORATE BANKING, EX-SBICAPS, ADITYA BIRLA FINANCE, KOTAK, ERNST & YOUNG
18 YEARS IN FINANCE AND ACCOUNTING, EX- LIVFIN, AIRTEL, METROPOLIS HEALTHCARE
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
ROBUST SECURED PORTFOLIO
80% of the overall book is secured via Charge on Funded Inventory and Receivables generated by sale of the same We hold STOP SUPPLY ARRANGEMENT from the Anchors to STOP supply in case of delay/ default with SG Finserve
The Loan portfolio of the Company stands robust with an outstanding loan book of INR 2,878 crores as on 30th September 2025.
PARTICULARS
EXPOSURE (INR Crore)
%
SECURED
UNSECURED
TOTAL
2507
371
2878
87%
13%
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
A 100% DIGITAL PLATFORM
SG FINSERVE LIMITED | INVESTOR PRESENTATION H1FY26
BORROWER - DOCUMENT UPLOADINGALGORITHM-BASED DIGITAL CREDIT SCORE (GENERATE HEALTH /CREDIT REPORT)CREDIT APPRAISALLIMITS APPROVEDDIGITAL LOAN DOCUMENTATIONLIMIT LOADED FOR DISBURSEMENTAUTOMATED DISBURSEMENT OF INVOICESRECEIVED DIRECTLY FROM ANCHORS ERP THANK YOU
FOR YOUR TIME
IF YOU HAVE ANY FURTHER QUERIES, REACHOUT TO US:
SORABH DHAWAN CHIEF EXECUTIVE OFFICER
ceo@sgfinserve.com +91 - 9903197111
SAHIL SIKKA CHIEF OPERATING OFFICER
coo@sgfinserve.com +91 - 9667756414