SG Finserve Approves Audited Results and Appoints Additional Director Deepak Kumar
On April 16, 2026, SG Finserve Ltd. announced key approvals following its Board of Directors meeting. The company reviewed and approved its audited financial results for the quarter and the year ended March 31, 2026. Furthermore, the Board approved the appointment of Mr. Deepak Kumar as an Additional Director.Board Approval and Director Appointment
The Board of Directors approved the appointment of Mr. Deepak Kumar (DIN: 03056481) as an Additional Director. He will serve in the capacity of a Non-Executive - Non-Independent Director-Chairperson of the Company, liable to retire by rotation. This appointment is effective from April 16, 2026, and is subject to the approval of the members.Mr. Deepak Kumar, a distinguished member of the Institute of Chartered Accountants of India (ICAI), brings over two decades of professional experience to the board. His expertise lies in finance, corporate strategy, and operations management. Currently, he serves as the Whole Time Director and Group Chief Financial Officer at APL Apollo Tubes Limited, where he manages financial planning, treasury, taxation, and overall business operations. The company confirmed that Mr. Kumar is not related to any other director or key managerial personnel, and he is not debarred from holding the office of director.
Financial Performance Review
SG Finserve Ltd. released its financial statements, covering the quarter and year ended March 31, 2026.Statement of Financial Results
The company's total revenue from operations reached 10,540.62 lakhs of INR for the quarter ended March 31, 2026, compared to 5,409.31 lakhs of INR for the quarter ended March 31, 2025. Over the full financial year ended March 31, 2026, the total revenue from operations stood at 33,341.28 lakhs of INR, compared to 16,997.14 lakhs of INR in the previous year.
Total comprehensive income for the period/year was 4,247.17 lakhs of INR for the quarter and 12,785.98 lakhs of INR for the full year, respectively.
| Particulars (Amount in lakhs of INR) | Quarter ended March 31, 2026 (Audited) | Quarter ended March 31, 2025 (Audited) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|
| Total revenue from operations | 10,540.62 | 5,409.31 | 33,341.28 | 16,997.14 |
| Total income | 10,565.26 | 5,409.31 | 33,365.92 | 17,025.60 |
| Total expenses | 4,944.73 | 2,301.88 | 16,210.95 | 6,009.65 |
| Profit before tax | 5,620.53 | 3,107.43 | 17,154.97 | 11,015.95 |
| Total tax expense | 1,393.62 | 728.13 | 4,389.25 | 2,916.93 |
| Total comprehensive income | 4,247.17 | 2,379.30 | 12,785.98 | 8,099.02 |
| Earnings per equity share (Basic) (INR) | 7.45 | 4.26 | 22.75 | 14.54 |
Assets and Liabilities
The total assets of the company as of March 31, 2026, amounted to 417,340 lakhs of INR, a significant increase from 240,739.73 lakhs of INR recorded on the same date in the previous year. The company’s borrowings (other than debt securities) increased to 265,356 lakhs of INR, compared to 133,683.54 lakhs of INR the previous year.
Cash Flow Highlights
Net cash flow used in operating activities for the year ended March 31, 2026, was (157,148.43) lakhs of INR. This compared to (49,170.86) lakhs of INR for the year ended March 31, 2025. The net increase in cash and cash equivalents for the year was 12,138.82 lakhs of INR.
Non-Convertible Debenture Utilization
SG Finserve Limited also confirmed the utilization of proceeds from its listing Non-Convertible Debentures (NCDs). The company raised 50 Crore through a Private Placement on February 10, 2025. The entire 50 Crore amount was utilized for its intended purpose, confirming no deviation or variation in the use of funds raised during the quarter ended March 31, 2026.SGFIN Stock Price Movement
Shares of SG Finserve Limited are rallying to ₹475.85 as of 12:47 PM today, having gained 2.69% in live trading. The strong momentum is supported by a significant volume of 313,145 shares traded, pushing the stock to touch its 52-week high of ₹488.55.Source:
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