SG Finserve Limited — Investor Meet, 18-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SG Finserve held a Q1 FY27 earnings conference call. The company reported its highest-ever quarterly PBT of INR72 Cr, a 27% QoQ increase, with loan book at INR4,552 Cr (up 16% QoQ). Net worth stands at INR1,539 Cr with a leverage of 2.2x and CAR of 32%. The company maintains nil NPAs and aims for a PBT of INR300 Cr for FY27, projecting 75% YoY growth. Management sees no need for equity raises, targeting increased leverage to 3x for higher ROE. They are exploring digital lending and LAP, and have diversified beyond the parent group's ecosystem. The factoring business is growing, contributing around 5% of AUM with yields in line with channel finance. The company plans to expand into insurance broking and potentially AIF/ARC businesses, and GIFT City operations. AUM is projected to reach INR10,000 Cr by FY30, with profitability growing at a 30-35% CAGR. The sentiment is confident, with a strong focus on sustainable, profitable growth and maintaining top-notch credit quality.