DhanSafal’s FY26: Revenue up 152 percent as MSME lending scales across four states

DhanSafal Finserve Limited is an RBI-registered NBFC offering retail financial services with a focus on MSME lending, including loans against property for business expansion and working capital.

Revenue from operations increased from INR 4.86 crore in FY24-25 to INR 12.23 crore in FY25-26, a YoY growth of 152 percent.

Profit after tax in FY25-26 was INR 0.73 crore, compared with INR 0.37 crore in FY24-25.

POS increased from INR 43.58 crore in FY24-25 to INR 82.49 crore in FY25-26, a YoY growth of 89 percent.

State-wise disbursement mix shown is Maharashtra 48 percent, Madhya Pradesh 33 percent, Rajasthan 16 percent, and Uttar Pradesh 3 percent.

The company expanded from 4 branches across 2 states in FY24-25 to 9 branches across 4 states in FY25-26.

The company highlighted geographic penetration in Tier 2 and Tier 3 cities, scaling co-lending partnerships, digital KYC and data-driven underwriting, short-tenure loans, diversifying liabilities via NCDs and term loans, and focus on women-led and rural MSMEs.