SGFIN

SG Finserve Limited

Supply-chain NBFC financing invoices and dealers in auto and other sectors

Financial Services›Financial Services›Finance›Non Banking Financial Company (NBFC)

sgfinserve.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹676.70
Market cap
4,459 Cr
Stock P/E
23.8
P/B
2.79
ROE (FY26)
8.7%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

SG Finserve is a non-banking finance company (NBFC) that funds small and mid-sized businesses (MSMEs) through supply chains, lending to the dealers, distributors and suppliers of large manufacturers in sectors such as auto, steel, construction, white goods and IT peripherals.

Company snapshot

24thBy market cap

Ranked among 58 companies in Non Banking Financial Company (NBFC).

What we see

Positives
  • ✓Net margin of 38.3% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Net Interest Income34 Cr34 Cr31 Cr31 Cr39 Cr37 Cr40 Cr42 Cr48 Cr56 Cr75 Cr85 Cr
Other income0.0001 Cr0 Cr0 Cr0 Cr0 Cr3 Cr0 Cr0 Cr0 Cr0.25 Cr0 Cr0.06 Cr
Net operating income34 Cr34 Cr31 Cr31 Cr39 Cr39 Cr40 Cr42 Cr48 Cr57 Cr75 Cr85 Cr
Employee cost3 Cr3 Cr3 Cr4 Cr3 Cr2 Cr5 Cr4 Cr2 Cr4 Cr6 Cr7 Cr
Other expenses2 Cr4 Cr3 Cr3 Cr3 Cr8 Cr2 Cr2 Cr3 Cr3 Cr3 Cr4 Cr
Provisions & contingencies————————————
Depreciation0.04 Cr0.08 Cr0.12 Cr0.12 Cr0.13 Cr0.14 Cr0.15 Cr0 Cr0.17 Cr0.19 Cr0.20 Cr0.23 Cr
Profit before tax29 Cr32 Cr26 Cr21 Cr32 Cr31 Cr34 Cr38 Cr43 Cr56 Cr72 Cr79 Cr
Tax %25.2%25.4%26.2%31.7%26.3%23.4%27.6%26.1%24.6%24.8%25.0%25.9%
Net profit22 Cr24 Cr19 Cr14 Cr24 Cr24 Cr25 Cr28 Cr32 Cr42 Cr54 Cr59 Cr
EPS (₹)₹2.90₹4.33₹3.52₹2.56₹4.24₹4.26₹4.39₹5.08₹5.81₹7.45₹8.21₹8.97

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income——————32 Cr121 Cr137 Cr186 CrSign in free for the trailing twelve months
Other income0.36 Cr0.46 Cr0.31 Cr0.45 Cr0.68 Cr0.27 Cr0.51 Cr0 Cr0 Cr0.25 CrSign in free for the trailing twelve months
Net operating income0.36 Cr0.46 Cr0.31 Cr0.45 Cr0.68 Cr0.27 Cr32 Cr121 Cr137 Cr186 CrSign in free for the trailing twelve months
Employee cost0.29 Cr0.29 Cr0.29 Cr0.27 Cr0.24 Cr0.50 Cr2 Cr10 Cr10 Cr14 CrSign in free for the trailing twelve months
Other expenses0.19 Cr0.25 Cr0.43 Cr1 Cr0.46 Cr0.57 Cr6 Cr7 Cr16 Cr10 CrSign in free for the trailing twelve months
Provisions & contingencies——————————Sign in free for the trailing twelve months
Depreciation0.01 Cr0.02 Cr0.02 Cr0.02 Cr0.01 Cr0.0094 Cr0.03 Cr0.17 Cr0.51 Cr0.68 CrSign in free for the trailing twelve months
Profit before tax0.30 Cr0.83 Cr-0.48 Cr-0.95 Cr2 Cr1 Cr25 Cr105 Cr110 Cr172 CrSign in free for the trailing twelve months
Tax %23.8%29.0%28.4%-4.9%4.3%29.8%26.4%25.2%25.6%25.6%Sign in free for the trailing twelve months
Net profit0.23 Cr0.59 Cr-0.34 Cr-1.00 Cr2 Cr0.78 Cr18 Cr79 Cr82 Cr128 CrSign in free for the trailing twelve months
EPS (₹)₹0.46₹1.17₹-0.68₹-1.99₹3.15₹1.57₹8.50₹15.72₹14.54₹22.75Sign in free for the trailing twelve months
Dividend payout %————0.0%0.0%0.0%0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr41 Cr55 Cr56 Cr65 Cr
Reserves2 Cr3 Cr2 Cr2 Cr3 Cr4 Cr532 Cr751 Cr959 Cr1,395 Cr
Borrowings———1 Cr——493 Cr957 Cr1,385 Cr2,704 Cr
Other liabilities0.22 Cr0.60 Cr0.65 Cr0.05 Cr0.08 Cr0.18 Cr13 Cr16 Cr17 Cr9 Cr
Total liabilities7 Cr8 Cr8 Cr8 Cr8 Cr9 Cr1,079 Cr1,779 Cr2,416 Cr4,173 Cr
Fixed assets (net)0.03 Cr0.02 Cr0.02 Cr0.01 Cr0.01 Cr0.01 Cr0.22 Cr0.56 Cr0.68 Cr0.73 Cr
CWIP———0 Cr0 Cr0 Cr0.85 Cr0 Cr0 Cr0 Cr
Investments0.87 Cr0.91 Cr5 Cr3 Cr3 Cr3 Cr0 Cr0 Cr80 Cr0.21 Cr
Loans & advances——0 Cr0 Cr0 Cr0 Cr976 Cr1,673 Cr2,246 Cr3,924 Cr
Inventories2 Cr2 Cr0 Cr1 Cr3 Cr5 Cr0 Cr0 Cr0 Cr0 Cr
Trade receivables0.0003 Cr0.04 Cr0.03 Cr0.02 Cr0.0009 Cr0 Cr—0 Cr0 Cr0 Cr
Cash & bank0.02 Cr0.02 Cr0.01 Cr0.01 Cr0.02 Cr0.11 Cr41 Cr24 Cr31 Cr152 Cr
Other assets5 Cr5 Cr3 Cr3 Cr2 Cr1 Cr61 Cr82 Cr58 Cr97 Cr
Total assets7 Cr8 Cr8 Cr8 Cr8 Cr9 Cr1,079 Cr1,779 Cr2,416 Cr4,173 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-0.31 Cr-0.14 Cr-0.88 Cr-0.91 Cr0.18 Cr0.45 Cr-999 Cr-565 Cr-456 Cr-1,592 Cr
Cash from investing0.17 Cr-0.09 Cr0.76 Cr0.51 Cr0.93 Cr-0.35 Cr2 Cr-1 Cr-81 Cr82 Cr
Cash from financing-0.0033 Cr-0.03 Cr-0.04 Cr0.40 Cr-1 Cr-0.0019 Cr1,038 Cr552 Cr521 Cr1,632 Cr
Net cash flow-0.15 Cr-0.27 Cr-0.16 Cr-0.0015 Cr0.0031 Cr0.09 Cr41 Cr-14 Cr-16 Cr121 Cr
Free cash flow (OCF − Capex)-0.32 Cr-0.15 Cr-0.89 Cr-0.91 Cr0.17 Cr0.44 Cr-1,000 Cr-566 Cr-457 Cr-1,593 Cr

Ratios

No data for this view.