SBFC Finance Ltd
SBFC NSE
SBFC Finance Ltd
Financial ServicesNSE: SBFC BSE: 543959 NBFC
Key Fundamentals
MicrocapNBFCFinancial ServicesMarket Cap
₹10,362 Cr
Volatility
Moderate
P/E Ratio
21.52
EBITDA
₹895 Cr
Return on Equity
10.82%
Debt to Equity
1.55
Book Value
₹33.66
EPS
₹2.5
52W High
₹123
52W Low
₹79.6
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view SBFC Finance Ltd insights
21 extracted metrics + investor summaries across FY19–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 39.6% CAGR over last 5 years
Weaknesses
3- Stock is trading at 2.79 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.9% over last 3 years.
Growth Rate
Revenue Growth
28.12% ↗
Net Income Growth
45.63% ↗
Cash Flow Change
-22.49% ↘
ROE
26.85% ↗
ROCE
5.60% ↘
EBITDA Margin (Avg.)
2.67% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 40d agoAI opinion · based on fundamentals
Risk medium
SBFC Finance Ltd is a small-cap NBFC with a market cap of ₹10,076 Cr, trading at a P/E of 22.4x and P/B of 2.71x. The company has delivered strong compounded profit growth of 40% CAGR over 5 years and 29% TTM sales growth, but carries a modest ROE of ~12% over 3 years and has seen an 18% stock price decline over the past year.
Bull Case 7
- Compounded profit growth of 40% CAGR over 5 years demonstrates consistent earnings acceleration in a competitive NBFC space
- TTM sales growth of 29% indicates the company is still scaling its loan book at a healthy pace
- 3-year compounded sales CAGR of 32% shows sustained topline momentum, not a one-off spike
- TTM profit growth of 31% outpaces many peers in the small-cap financial services segment
- ROE has improved from 11% (5-year average) to 13% in the last year, suggesting improving capital efficiency
- P/E of 22.4x is not excessively expensive for a company delivering 30%+ profit growth, implying a PEG ratio below 1
- 3-year compounded profit CAGR of 44% shows the business has been on a strong profitability trajectory
Bear Case 8
- Stock has declined 18% over the past 1 year, indicating weak market sentiment and possible de-rating
- P/B ratio of 2.71x is elevated for an NBFC with only 11.9% 3-year average ROE, suggesting limited margin of safety
- Zero dividend yield despite repeated profitability means shareholders rely entirely on capital appreciation
- Promoter holding decreased by 0.47% in the last quarter, which may signal reduced insider confidence
- 3-year average ROE of only 11.9% is below the 15%+ threshold typically expected for premium-valued NBFCs
- No 52-week high/low data and limited 10-year history suggest the company has a short listed track record, increasing uncertainty
- Debt-to-equity ratio is undisclosed, creating opacity around leverage levels in a lending business where balance sheet risk is critical
- At a market cap of ₹10,076 Cr with current ROE of 13%, the valuation implies the market is pricing in significant future improvement that may not materialize
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 40d ago Neutral 2
- BRSR filed for FY26 Jun 18
SBFC Finance filed its Business Responsibility and Sustainability Report for FY 2025-26, reporting 5,144 employees and zero data breaches.
- 16th AGM set July 14 Jun 13
SBFC Finance will hold its 16th Annual General Meeting on July 14, 2026, via video conferencing. Notice published in newspapers.
TL;DR: Recent news flow for SBFC Finance is purely procedural, covering routine regulatory filings and AGM scheduling. There are no identifiable headwinds or positive catalysts from these updates. The lack of material business developments suggests a quiet period with no change in trend direction.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 230 | 246 | 264 | 279 | 297 | 314 | 333 | 361 | 388 | 411 | 426 | 454 | 491 |
| Expenses | 75 | 83 | 90 | 91 | 94 | 100 | 105 | 113 | 123 | 131 | 127 | 138 | 160 |
| Financing Profit | 66 | 74 | 89 | 100 | 109 | 114 | 122 | 130 | 141 | 151 | 163 | 169 | 179 |
| Fin. Margin % | 29% | 30% | 34% | 36% | 37% | 36% | 37% | 36% | 36% | 37% | 38% | 37% | 36% |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 89 | 89 | 85 | 88 | 95 | 100 | 106 | 118 | 125 | 129 | 136 | 147 | 152 |
| Depreciation | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| PBT | 63 | 71 | 86 | 97 | 105 | 110 | 117 | 126 | 136 | 146 | 158 | 164 | 174 |
| Tax % | 25% | 26% | 25% | 24% | 25% | 24% | 25% | 25% | 26% | 25% | 25% | 25% | 25% |
| Net Profit | 47 | 53 | 64 | 73 | 79 | 84 | 88 | 94 | 101 | 109 | 118 | 123 | 130 |
| EPS in Rs | 0.51 | 0.49 | 0.6 | 0.68 | 0.73 | 0.78 | 0.81 | 0.87 | 0.93 | 1 | 1.08 | 1.11 | 1.18 |
| Gross NPA % | 2.54% | 2.37% | 2.38% | 2.43% | 2.6% | 2.69% | 2.7% | 2.74% | 2.78% | 2.77% | 2.71% | 2.61% | 2.66% |
| Net NPA % | 1.55% | 1.33% | 1.36% | 1.36% | 1.51% | 1.63% | 1.63% | 1.51% | 1.57% | 1.51% | 1.48% | 1.54% | 1.55% |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 177 | 445 | 510 | 529 | 734 | 1,019 | 1,305 | 1,679 | 1,782 |
| Expenses | 89 | 134 | 149 | 210 | 247 | 338 | 409 | 516 | 556 |
| Financing Profit | 37 | 67 | 123 | 97 | 209 | 329 | 475 | 623 | 661 |
| Fin. Margin % | 21% | 15% | 24% | 18% | 28% | 32% | 36% | 37% | 37% |
| Other Income | 0 | 0 | 1 | 1 | 5 | 1 | 0 | 0 | 1 |
| Interest | 50 | 244 | 239 | 222 | 278 | 352 | 421 | 539 | 565 |
| Depreciation | 2 | 8 | 10 | 12 | 13 | 13 | 17 | 20 | 20 |
| PBT | 35 | 59 | 114 | 87 | 201 | 316 | 459 | 604 | 642 |
| Tax % | 30% | 39% | 25% | 26% | 26% | 25% | 25% | 25% | — |
| Net Profit | 24 | 36 | 85 | 65 | 150 | 237 | 345 | 451 | 480 |
| EPS in Rs | 0.36 | 0.46 | 1.03 | 0.77 | 1.67 | 2.21 | 3.18 | 4.07 | 4.37 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 676 | 742 | 797 | 807 | 890 | 1,072 | 1,085 | 1,106 |
| Reserves | 204 | 270 | 408 | 480 | 838 | 1,706 | 2,105 | 2,619 |
| Borrowing | 842 | 3,056 | 2,768 | 2,940 | 3,739 | 3,996 | 5,264 | 7,162 |
| Other Liabilities | 71 | 140 | 258 | 288 | 280 | 289 | 141 | 199 |
| Total Liabilities | 1,793 | 4,208 | 4,231 | 4,515 | 5,747 | 7,063 | 8,596 | 11,085 |
| Fixed Assets | 270 | 294 | 301 | 299 | 296 | 300 | 308 | 314 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 2 |
| Investments | 167 | 1,879 | 1,484 | 848 | 607 | 427 | 327 | 192 |
| Other Assets | 1,356 | 2,035 | 2,446 | 3,368 | 4,843 | 6,334 | 7,961 | 10,577 |
| Total Assets | 1,793 | 4,208 | 4,231 | 4,515 | 5,747 | 7,063 | 8,596 | 11,085 |
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | -368 | -383 | -275 | -822 | -1,245 | -1,155 | -1,415 | -1,893 |
| Investing | 146 | -1,863 | 375 | 652 | 206 | 158 | 176 | 131 |
| Financing | 395 | 2,291 | -187 | 183 | 1,071 | 1,037 | 1,281 | 1,977 |
| Net Cash Flow | 173 | 45 | -87 | 13 | 32 | 40 | 41 | 216 |
| Free Cash Flow | -376 | -389 | -290 | -831 | -1,253 | -1,167 | -1,427 | -1,907 |
| CFO/OP | -421 | -104 | -64 | -244 | -243 | -156 | -144 | -148 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| ROE % | 3% | 4% | 8% | 5% | 10% | 11% | 12% | 13% |
Documents
1
Announcement under Regulation 30 (LODR)-Credit Rating
4 May - ICRA reaffirmed [ICRA]AA-(Stable) rating for SBFC’s 2,100 crore long-term bank facilities on 4 May 2026. 4 May - ICRA reaffirmed [ICRA]AA-(Stable) rating for SBFC’s 2,100 crore long-term bank facilities on 4 May 2026.
2
Announcement under Regulation 30 (LODR)-Credit Rating
30 Apr - ICRA assigned A1+ on ₹200 crore CP and AA- Stable on ₹400 crore NCDs on 30 April 2026. 30 Apr - ICRA assigned A1+ on ₹200 crore CP and AA- Stable on ₹400 crore NCDs on 30 April 2026.
3
Announcement under Regulation 30 (LODR)-Credit Rating
29 Apr - CARE reaffirmed SBFC Finance's 200 crore commercial paper rating at CARE A1+ on 29 April 2026. 29 Apr - CARE reaffirmed SBFC Finance's 200 crore commercial paper rating at CARE A1+ on 29 April 2026.
4
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 Apr - SBFC Finance uploaded 27 April 2026 earnings concall audio recording and will publish transcript soon. 27 Apr - SBFC Finance uploaded 27 April 2026 earnings concall audio recording and will publish transcript soon.
5
Announcement under Regulation 30 (LODR)-Credit Rating
4 May - ICRA reaffirmed [ICRA]AA-(Stable) rating for SBFC’s 2,100 crore long-term bank facilities on 4 May 2026. 4 May - ICRA reaffirmed [ICRA]AA-(Stable) rating for SBFC’s 2,100 crore long-term bank facilities on 4 May 2026.
Frequently Asked Questions about SBFC Finance Ltd
What does SBFC Finance Ltd do?
Incorporated in 2008, SBFC Finance Limited is a systemically important, NBFC (NBFC-ND-SI) offering Secured MSME Loans and Loans against Gold[1]
Where is SBFC Finance Ltd (SBFC) listed?
SBFC Finance Ltd is listed on the Indian stock exchanges. It is listed on NSE: SBFC and BSE: 543959. You can view its live share price, financials, and ratios on Tapetide.
Which sector does SBFC Finance Ltd belong to?
SBFC Finance Ltd operates in the Financial Services sector within the NBFC industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of SBFC Finance Ltd?
SBFC Finance Ltd has a market capitalisation of approximately ₹10362.18 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of SBFC Finance Ltd?
The Price-to-Earnings (PE) ratio of SBFC Finance Ltd is 21.52. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of SBFC Finance Ltd?
Over the past 52 weeks, SBFC Finance Ltd has traded between a low of ₹79.6 and a high of ₹123. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of SBFC Finance Ltd?
SBFC Finance Ltd has a Return on Equity (ROE) of 10.82%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research SBFC Finance Ltd on Tapetide?
On Tapetide, you can view SBFC Finance Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2008, SBFC Finance Limited is a systemically important, NBFC (NBFC-ND-SI) offering Secured MSME Loans and Loans against Gold[1]