GNPA - INR 790 Cr, NNPA - INR 501 Cr, against which INR 467 Cr is receivable under CGMFU scheme
FinTech BizNews Service
Mumbai, 23 January 2026: Suryoday Small Finance Bank Limited has announced its unaudited financial
results for the quarter and nine months ended 31 st December 2025.
Business Highlights: Q3 FY26
Gross Advances stood at Rs. 11,885 Cr as on Dec’25 as compared to Rs. 9,563 Cr as on Dec’24, an
increase of 24.3% year on year
Disbursements stood at Rs. 2,698 Cr in Q3 FY26 as compared to Rs. 1,467 Cr in Q3 FY25, increase of
83.9% year on year.
Disbursements excluding SCF stood at Rs. 2,257 Cr in Q3 FY26 as compared to Rs. 1,420 Cr in Q3 FY25,
increase of 58.9% year on year.
o The LAP disbursement showed an increase of 54.7% on a year on year basis
o The wheels disbursement showed an increase of 30.2% on a year on year basis
Deposits stood at Rs. 12,865 Cr as on Dec’25 as compared to Rs. 9,708 Cr as on Dec’24, an increase of
32.5% year on year
Current bucket Collection Efficiency stood at 99.2%
Collection Efficiency (1 EMI adjusted) stood at 88.7% in Q3 FY26 as compared to 90.6% in Q3 FY25
Financial Highlights: Q3 FY26
Net Total income increased by 16.2% YoY from Rs. 307.8 Cr to Rs. 357.7 Cr
Net interest income (NII) increased by 3.2% YoY from Rs 268.3 Cr to Rs 276.8 Cr
Pre-provision operating profit (PPOP) increased by 24.7% YoY from Rs. 71.4 Cr to Rs. 89.0 Cr
Cost of Funds stood at 7.6% in Q3 FY26 as compared to 7.8% in Q3 FY25
Cost to income stood at 75.1% in Q3 FY26 as compared to 76.8% in Q3 FY25
Profit After Tax (PAT) stood at Rs. 36.6 Cr in Q3 FY26 as against Rs. 33.3 Cr in Q3 FY25
Business Highlights: 9M FY26
Gross Advances stood at Rs 11,885 Cr in 9MFY26 as compared to Rs 9,563 Cr in 9MFY25, an increase of
24.3% year on year
Disbursements stood at Rs 7,389 Cr in 9MFY26 as compared to Rs 4,889 Cr in 9MFY25, an increase of
51.1% year on year
Disbursements excluding SCF stood at Rs. 6,230 Cr in 9MFY26 as compared to Rs. 4,786 Cr in 9MFY25,
increase of 30.2% year on year.
o Disbursement continues to be strong across all segments supported by significant traction in Vikas
Loans, wheels and mortgages segments
o Vikas Loan disbursement stood at Rs 2,729 Cr in 9MFY26 as compared to Rs 1,339 Cr in 9MFY25, an
increase of 103.8% year on year
o Deposits stood at Rs. 12,865 Cr in 9MFY26 as compared to Rs. 9,708 Cr in 9MFY25, an increase of
32.5% year on year
Share of retail deposits stood at 87.0% in Dec’25, as compared to 81.2% in Dec’24
CASA ratio stood at 21.2% as on Dec’25, compared to 19.5% in Dec’24
Collection efficiency (1 EMI adjusted) stood at 85.9% in 9MFY26 as compared to 92.8% in 9MFY25
The Bank has ~38 lakh customers as on Dec’25, as compared to ~33 lakh customers in Dec’24, an
increase of 13.6%
Financial Highlights: 9M FY26
Net Total income increased by 3.2% YoY from Rs 1,018.6 Cr to Rs 1.051.5 Cr
Net interest income (NII) decreased by 9.2% YoY from Rs 861.5 Cr to Rs 782.2 Cr
Pre-provision operating profit (PPOP) decreased by 19.1% YoY from Rs.342.6 Cr to Rs.277.1 Cr
Cost of Funds increased by 8 Bps 7.7% in 9MFY26.
Cost to income stood at 73.6% in 9MFY26 as compared to 66.4% in 9MFY25
Profit After Tax (PAT) decreased by 31.3% YoY from Rs 148.7 Cr to Rs 102.2 Cr
Gross NPA stood at 6.6% as on Dec’25, compared to 5.5% in Dec’24
Net NPA stood at 4.3 % as on Dec’25, compared to 3.1% in Dec’24
Healthy capital position with a CRAR at 21.9%; Tier I capital of 21.0% and Tier II capital of 1.0%
Commenting on the performance, Mr. Baskar Babu Ramachandran, MD & CEO, Suryoday Small
Finance Bank, said: "During Q3 FY26, the Bank continued to demonstrate steady growth supported by a diversified and increasing digital business model. Advances remained at Rs11,800+ Cr while deposits stood at Rs12,800+ Cr, with non-Inclusive Finance loans accounting for 54.9% of total advances, reflecting progress in portfolio diversification.
Within Inclusive Finance, Vikas Loans now constitute 72.3% of the IF book, backed by a shift toward individually underwritten customers. GNPA stood at 6.6% and NNPA at 4.3%, while capital adequacy remained strong at 21.9%. Out of NNPA - INR501 Cr, against which INR 467 Cr is receivable under CGMFU scheme.
Secured lending continued to scale, with secured assets now forming 55% of advances, supporting a more stable and risk-balanced loan mix. Digital deposits crossed Rs1400 Cr, accounting for over 11% of total deposits, driven by strong traction across fintech partnerships and digital channels.
The Bank remains focused on expanding MSME and secured retail lending, strengthening the Vikas Loan franchise, scaling digital products such as UPI-linked credit and secured credit cards, and driving CASA and term deposit growth through digital initiatives, while maintaining a disciplined, customer-centric approach to growth."
