Chairperson's Speech at 42nd AGM: AUM up to Rs.110 crore, total income Rs. 16.35 crore in FY26
Chairperson's AGM speech shared.
By ScoutQuest · · 1 min read
- AUM Growth
- Increased from Rs.25 crore to Rs.110 crore in FY 2025–26
- Disbursements
- Close to Rs. 96 crore during the year
- Total Income
- Rs. 16.35 crore vs Rs. 3.35 crore in previous year
- Net Worth
- Rs.27.25 crore as at 31 March, 2026
- Asset Quality & Reach
- Gross NPA 2.03%, Net NPA 1.25%, collection efficiency ~94.4%, 4 states, 20 branches, 2000+ new borrowers
What was shared
The company submitted the Chairperson's Speech delivered at its 42nd Annual General Meeting, held on Monday, September 28, 2026 through Video Conferencing / Other Audio Visual Means.
Business performance shared
- Assets Under Management increased from Rs.25crore to Rs.110 crore during FY 2025–26.
- Over the first 18 months of operations (lending started August 2024), AUM has grown from 0 to 110 cr.
- Disbursements during the year were close to Rs. 96 crore.
- Total income stood at Rs. 16.35 crore, compared with Rs. 3.35 crore in the previous year.
- Net worth as at 31 March, 2026 stood at Rs.27.25 crore.
Asset quality and reach
- Gross NPA at 2.03 %, Net NPA at 1.25 %.
- Collection efficiency at approximately 94.4 %.
- Operations across 4 states and 20 branches, with 2000+ new borrowers added in the year.
- Lending rates maintained broadly in the average range of 21 % to 22 %.
Focus areas described
The speech describes two principal lending areas: secured lending to small businesses and entrepreneurs in Tier 2, Tier 3 and smaller towns, and financing for cleaner mobility through electric three-wheeler financing for drivers and small transport entrepreneurs, particularly in Delhi NCR and major metropolitan markets.
Stated priorities ahead
- Build a high-quality secured lending portfolio.
- Maintain disciplined underwriting and collections.
- Reduce cost of capital and diversify funding sources.
- Strengthen technology and analytics capabilities.
- Develop partnerships with banks, financial institutions, impact investors and development-finance institutions.
The company was formerly known as Savani Financials Limited. The speech is also available on the company's website.
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More numbers
- AUM at start of FY 2025–26Rs.25crore
- AUM at end of FY 2025–26Rs.110 crore
- Disbursements during the yearRs. 96 crore
- Total income FY 2025–26Rs. 16.35 crore
- Total income previous yearRs. 3.35 crore
- Net worth as at 31 March, 2026Rs.27.25 crore
- Gross NPA2.03 %
- Net NPA1.25 %
- Collection efficiency94.4 %
- States of operation4 states
- Branches20 branches
- New borrowers added2000+
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