Shalibhadra Finance FY26: Profitable growth, steady asset quality, and a clear path to ₹500 crore AUM

It is an RBI-registered NBFC focused on small-ticket secured retail lending, primarily vehicle financing in rural and semi-urban markets, and also offers personal and property loans.

FY26 interest earned was 41.05 crore, net interest income was 35.90 crore, and profit after tax was 19.48 crore. AUM was 219.66 crore as of FY26.

GNPA was 2.94% and NNPA was 1.17% in FY26. GNPA was broadly stable versus FY25 (2.87%), while NNPA increased versus FY25 (0.74%).

Management stated a target to reach 500 crore AUM by FY29.

The presentation states 61 branches across 4 states in FY26, with a plan shown of 100 branches in FY27E.

The company offers new and used two-wheeler loans, used three-wheeler loans, used four-wheeler loans, personal loans, and property loans. It also mentions plans to introduce products like Micro LAP and Home Loans, and references tractor loans and salaried personal loans.

It describes implementing LOS and LMS, digital onboarding without paperwork, API-based checks such as bureau and fraud detection, and partnerships with payment gateways to support collections.