According to reports from Business Standard, Crisil Rating has assigned 'Crisil AA-/Stable/Crisil A1+' ratings to the bank facilities of SG Finserve. The rating reflects the expectation of strong support from the APL Apollo Group, along with comfortable capitalisation and healthy earnings profile of the company. However, these strengths are partially offset by the company's ability to scale up operations while sustaining healthy asset quality and earnings profile.
As reported by Business Standard, promoters hold 56.95% of the shareholding as of June 30, 2026, and are expected to continue holding majority shareholding over the medium term. Since inception, promoters and investors have infused ₹1,159 crore in the company, with ₹316 crore in fiscal 2026 and ₹21 crore in Q1 of fiscal 2027. The company is expected to benefit from the group's managerial, operational, and financial support, including fund-raising at competitive rates.
According to the report, SG Finserve's capitalisation remains comfortable with net worth of ₹1,539 crore and gearing at 2.2 times as of June 30, 2026, supported by internal accruals and regular capital infusion. The company's earning profile remains healthy with profits after tax (PAT) of ₹128 crore in fiscal 2026 and ₹54 crore in Q1 of fiscal 2027, translating to a return on average managed asset (RoMA) of 3.9% for fiscal 2026 and 4.7% for Q1 of fiscal 2027. Assets under management (AUM) stood at ₹4,552 crore as on June 30, 2026, compared to ₹3,936 crore as on March 31, 2026 and ₹2,246 crore as on March 31, 2025.
As reported by Business Standard, SG Finserve is an RBI-registered, technology-enabled non-banking financial company (NBFC) focused on supply chain financing solutions for dealers, distributors, retailers, buyers, suppliers and logistics partners of Indian corporates. The stock had advanced 0.16% to trade at ₹624 on the BSE. The company's ability to maintain its earnings profile and asset quality on a sustained basis while scaling up operations remains monitorable.
