SG Finserve Limited Reports Audited Financial Results for March 31, 2026; Appoints Deepak Kumar as Additional Director
SG Finserve Limited announced the outcome of its Board Meeting held on April 16, 2026, confirming the approval of its audited financial results for the quarter and year ended March 31, 2026. The company also announced the appointment of Mr. Deepak Kumar as an Additional Director.Board Actions and Director Appointment
At its meeting on April 16, 2026, the Board of Directors of SG Finserve Limited approved the audited financial results for the period ending March 31, 2026.The Board also approved the appointment of Mr. Deepak Kumar (DIN: 03056481) as an Additional Director. Mr. Deepak Kumar will serve in the capacity of a Non-Executive - Non-Independent Director-Chairperson, liable to retire by rotation, with effect from April 16, 2026.
Mr. Deepak Kumar brings extensive experience to the role. He is a member of the Institute of Chartered Accountants of India (ICAI) with over two decades of professional expertise. Currently, he serves as Whole Time Director and Group Chief Financial Officer at APL Apollo Tubes Limited.
Financial Performance and Snapshot
The company released its audited financial results for the quarter and year ended March 31, 2026.For the year ended March 31, 2026, SG Finserve Limited reported a total revenue from operations of 33,341.28 lakhs of INR. Total comprehensive income for the year stood at 12,785.98 lakhs of INR.
The Statement of Assets and Liabilities as of March 31, 2026, and the Statement of Cash Flows for the year ended March 31, 2026, provide a detailed view of the company's financial health.
Financial Highlights (All figures in lakhs of INR):
| Metric | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 417,340 | 240,739.73 |
| Total Liabilities and Equity | 417,340 | 240,739.73 |
Cash Flow Summary (All figures in lakhs of INR):
| Activity | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| Net cash flow from operating activities (A) | (157,148.43) | (49,170.86) |
| Net cash flow from investing activities (B) | 6,128.93 | (5,595.33) |
| Net cash flow from financing activities (C) | 163,158.32 | 55,412.42 |
| Net increase in cash and cash equivalents (A+B+C) | 12,138.82 | 646.23 |
NCD Proceeds Utilization
Regarding the utilization of proceeds from listed Non-Convertible Debentures (NCDs), the company confirmed that the utilization remained unchanged for the quarter ended March 31, 2026. The initial amount raised was 50 Crore, and the amount utilized was 50 Crore, with no deviation noted.Audit Opinion
SG Finserve Limited confirmed that its statutory auditors, M/s. S.P. Chopra & Co., issued an audit report containing an unmodified opinion on the annual audited financial results for the Financial Year ended March 31, 2026.***
(Note: Detailed financial statements for the quarter and year ended March 31, 2026, including statements of assets and liabilities, and cash flows, were also provided in the announcement.)
SGFIN Stock Price Movement
Today, SG Finserve Limited shares gained momentum, closing at ₹543 after an impressive rally of 2.17%. Strong trading was observed today, with 584,350 shares traded, pushing the stock to test the upper boundaries of its 52-week range.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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