SG Finserve Limited (SGFL), a tech-enabled, RBI-registered NBFC, is making waves in the Indian business financing space. The company has reported a loan book of approximately ₹2,878 crores for the first half of FY26, up from ₹2,246 crores as of March 31, 2025—an impressive growth of around 28%.
Breaking it down quarter by quarter, SGFL added ₹258 crores in Q1 FY26 and ₹374 crores in Q2 FY26. This momentum resulted in a sequential growth of about 15% from ₹2,504 crores in Q1 to ₹2,878 crores in Q2. The average loan book also rose steadily, from ₹2,096 crores in Q1 to ₹2,409 crores in Q2, showing consistent deployment and strong utilization.
SGFL’s growth story is not just recent—it’s been on a strong upward trajectory over the years. The loan book has more than doubled from ₹975 crores in FY23 to ₹2,878 crores in Q2 FY26, marking a remarkable CAGR of around 52%. This reflects the company’s ability to scale operations efficiently while maintaining robust portfolio quality.
For context, SG Finserve provides inclusive financing solutions to channel partners such as dealers, distributors, retailers, buyers, suppliers, and logistics players across India. By leveraging technology and an extensive distribution network, the company offers tailored loans to SMEs, MSMEs, and corporates.
The company’s strong financial credentials are backed by AA ratings from CRISIL and ICRA for long-term debt, and A1+ ratings for short-term debt and commercial paper—cementing SGFL’s reputation as a reliable financial partner.
