How did DhanSafal Finserve perform in FY26?

The company saw revenue rise 152% to ₹12.23 crore and net profit grow 97% to ₹73.33 lakh. This growth was fueled by a 71% expansion in its loan portfolio to ₹74.15 crore.

What is the status of the company's asset quality?

Asset quality has deteriorated, with gross NPAs appearing at 1.38% for the first time. A year ago, the company reported nil gross NPAs.

How did the company strengthen its balance sheet during the year?

DhanSafal Finserve raised equity through warrant conversions. These conversions helped lift the company's net worth to ₹66.47 crore.

What were the credit costs for the year?

Credit costs reached ₹22.84 lakh for FY26. This increase coincides with the emergence of the company's first non-performing assets.

Earnings · Finance - NBFC · Micro cap

DhanSafal Finserve revenue jumps 152% as loan book hits ₹74.15 cr

The NBFC reported a 97% rise in net profit for FY26, though credit quality slipped as gross NPAs emerged for the first time.

— 1 earlier story on DhanSafal Finserve Ltd. →

LUHARUKA 27 May 2026 · 2:52 PM IST Verify on BSE · NSE

Mkt cap₹59.28 cr

P/E141.85×

ROE0.69%

Debt / eq.0.20

1.38% Gross non-performing assets reported for the first time.

What's new

Revenue reached ₹12.23 cr for FY26, a 152% increase from the prior year.
Loan portfolio expanded 71% to ₹74.15 cr, driving net profit to ₹73.33 lakhs.
Credit costs rose to ₹22.84 lakhs as gross NPAs climbed to 1.38% from zero.

Why this matters

Rapid expansion in the MSME lending portfolio has delivered top-line growth, but the emergence of NPAs is a warning sign. For a nano-cap NBFC, the trade-off between aggressive loan book growth and credit quality is the primary risk.

What we're watching

Whether the 1.38% NPA level stabilizes or continues to climb.
The impact of increased credit costs on future net profit margins.
Management commentary on the quality of the new loan originations.

The full read

DhanSafal Finserve’s FY26 results show a company in a high-growth phase, with revenue climbing 152% to ₹12.23 crore. The expansion is tied to a 71% surge in the loan portfolio, which now stands at ₹74.15 crore. While net profit rose 97% to ₹73.33 lakh, the quality of that growth is under pressure. For the first time, the company reported gross NPAs of 1.38%, up from a clean slate of zero a year ago. Credit costs also rose to ₹22.84 lakh. The company raised capital through warrant conversions, bringing net worth to ₹66.47 crore. The challenge for this nano-cap lender is clear: it must prove that its rapid loan book expansion isn't coming at the expense of long-term credit health.

Questions answered

How did DhanSafal Finserve perform in FY26?: The company saw revenue rise 152% to ₹12.23 crore and net profit grow 97% to ₹73.33 lakh. This growth was fueled by a 71% expansion in its loan portfolio to ₹74.15 crore.
What is the status of the company's asset quality?: Asset quality has deteriorated, with gross NPAs appearing at 1.38% for the first time. A year ago, the company reported nil gross NPAs.
How did the company strengthen its balance sheet during the year?: DhanSafal Finserve raised equity through warrant conversions. These conversions helped lift the company's net worth to ₹66.47 crore.
What were the credit costs for the year?: Credit costs reached ₹22.84 lakh for FY26. This increase coincides with the emergence of the company's first non-performing assets.

Mentioned: DhanSafal Finserve Ltd.

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

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27 May 2026 · 2:52 PM IST DhanSafal Finserve revenue jumps 152% as loan book hits ₹74.15 cr
today DhanSafal Finserve revenue jumps 152% as loan book hits ₹74 cr