SG Finserve Limited (SGFL) reported a robust expansion in its lending business, closing the third quarter of FY26 with a loan book of approximately Rs 3,211 crore as of December 31, 2025.
The performance reflects sustained business momentum across the company’s supply chain financing portfolio.
According to the company’s regulatory disclosure, the loan book recorded a year-on-year growth of around 105 per cent compared to the year ended 2024. On a year-to-date basis, the loan book expanded by approximately 43 per cent over March 31, 2025, levels, while quarter-on-quarter growth stood at nearly 12 per cent compared to September 30, 2025.
SG Finserve stated that the figures are provisional and have been released ahead of the formal announcement of its financial results for the quarter ended December 31, 2025. The final numbers will be subject to review and approval by the Audit Committee, the Board of Directors, and a limited review by the company’s statutory auditors.
An RBI-registered non-banking finance company, SG Finserve focuses on supply chain-led financing solutions for corporates and MSMEs. The company leverages technology and its distribution network to offer customised credit solutions aimed at supporting inclusive business growth.
SG Finserve is rated AA (CE) for long-term debt by CRISIL and ICRA, with A1+ ratings for its short-term debt and commercial paper, underscoring its strong credit profile and balance sheet strength.
The latest loan book milestone highlights SG Finserve’s continued scaling trajectory amid rising demand for structured supply chain financing and working capital solutions across India’s MSME ecosystem.
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