SMFCL has demonstrated strong financial performance, reflecting its transition from an investment-oriented entity to a lending-led institution. Credit ratings: CARE AA+ Stable and India Ratings AA+ Stable. Asset quality remains robust, with no NPAs.
As of 30 April 2026, loan sanctions have exceeded ₹10,881 crore and disbursements have reached over ₹3,610 crore. Total revenue is expected to increase to ₹498.53 crore, and profit before tax is projected at ₹101.29 crore, driven by lending operations.
Loan portfolio: ₹1,205 crore (FY 2025–26) to an estimated ₹9,475 crore (FY 2026–27). Net worth: ₹1,091.70 crore to an estimated ₹3,148.07 crore. Yield on loan 8.40% / 8.50%; cost of funds 7%; NIM 2.59 / 2.96. CRAR remains well above regulatory norms (186.13% / 44.37%).
The Corporation has an approved borrowing programme of ₹25,000 crore, with ₹10,000 crore targeted for mobilisation in the current financial year, and is expected to build a loan book of approximately ₹48,340 crore by FY 2031, supported by cumulative disbursements of over ₹60,205 crore. An equity infusion of ₹2,000 crore from the Government of India has been proposed for the current financial year.