Suryoday SFB’s Q2 PAT Declines Y/y

Gross Advances Portfolio of Rs11,124 Cr, up 18.9% YoY; GNPA of 5.9%, NNPA of 3.8%; GNPA - INR 655 Cr, NNPA -

Mr. Baskar Babu Ramachandran, MD & CEO, Suryoday Small Finance Bank

FinTech BizNews Service

Mumbai, November 6, 2025: Suryoday Small Finance Bank Limited today declared its Q2 & H1 FY26 Results.

Financial Highlights: Q2 FY26

• Total income decreased by 2.7% YoY from Rs. 347 Cr to Rs. 338 Cr
• Net interest income (NII) decreased by 13.9% YoY from Rs 300 Cr to Rs 258 Cr
• Pre-provision operating profit (PPOP) decreased by 37.6% YoY from Rs. 127 Cr to Rs. 79 Cr
• Cost of Funds stood at 7.7% in Q2 FY26 as compared to 7.6% in Q2 FY25
• Cost to Income stood at 76.6% in Q2 FY26 as compared to 63.5% in Q2 FY25
• Profit After Tax (PAT) stood at Rs. 30 Cr in Q2 FY26 as against Rs. 45 Cr in Q2 FY25

Business Highlights: Q2 FY26

• Gross Advances stood at Rs. 11,124 Cr as on Sep’25 as compared to Rs. 9,360 Cr as on Sep’24, an increase of 18.9% year on year
• Disbursements stood at Rs. 2,430 Cr in Q2 FY26 as compared to Rs. 1,682 Cr in Q2 FY25, increase of
• 44.5% year on year. Disbursements excluding SCF stood at Rs. 2,053 Cr in Q2 FY26 as compared to Rs. 1,626 Cr in Q2 FY25, increase of 26.3% year on year
• Deposits stood at Rs. 11,991 Cr as on Sep’25 as compared to Rs. 8,851Cr as on Sep’24, an increase of 35.5% year on year
• IF Current Bucket Collection Efficiency stood at 98.6%.
• Collection Efficiency (1 EMI adjusted) stood at  86.0% in Q2 FY26 as compared to 93.1% in Q2 FY25

Commenting on the performance, Mr. Baskar Babu Ramachandran, MD & CEO, Suryoday Small Finance Bank, said:  During the first half of FY26, deposits stood at Rs. 11,991 Cr with gross advances at Rs. 11,124 Cr. Non-IF book now constitutes    ~ 55% of the total advances. This reflects our continued growth momentum and franchise strength.

Within the Inclusive Finance portfolio, we continue to maintain full coverage of eligible loans under the CGFMU scheme, which remains an important component of our risk mitigation framework. The broader microfinance environment continues to show signs of improvement, however some impact is seen on asset quality and profitability during the period. Our GNPA increased from 2.9% in Sep’24 to 5.9% in Sep’25. Of the gross NPA of Rs. 655 Cr, the bank is carrying a provision of Rs. 244 Cr including floating provision. The unprovided portion of GNPA stands at Rs. 411 Cr against which expected CGFMU receivable is Rs. 378 Cr. Vikas Loan now constitutes 70% of the IF book and digital deposits are at ~1,300 Cr, which is over 10% of our overall deposit book.

In FY2025–26, the Bank will focus on deepening MSME engagement, expanding secured lending, strengthening the Vikas Loan franchise and Scaling newly launched digital products like – secured credit card and Credit on UPI, while driving CASA and FD growth through digital initiatives. We remain committed to responsible, customer-centric growth built on trust, innovation, and inclusion.

Business Highlights: H1 FY26

• Gross Advances stood at Rs 11,124 Cr in H1FY26 as compared to Rs 9,360 Cr in H1FY25, an increase of 18.9% year on year
• Disbursements stood at Rs 4,691 Cr in H1FY26 as compared to Rs 3,421 Cr in H1FY25, an increase of 37.1% year on year
• Disbursement continues to be strong across all segments supported by significant traction in Vikas Loans, wheels and mortgages segments
• Vikas Loan disbursement stood at Rs 1,777 Cr in H1FY26 as compared to Rs 942 Cr in H1FY25, an increase of 88.8% year on year
• Deposits stood at Rs. 11,991 Cr in H1FY26 as compared to Rs. 8,851 Cr in H1FY25, an increase of 35.5% year on year
• Share of retail deposits stood at 86.0% in Sept’25, as compared to 80.2% in Sept’24
• CASA ratio stood at 20.7% as on Sept’25, compared to 17.9% in Sept’24
• Collection efficiency (1 EMI adjusted) stood at 86.2% in H1FY26 as compared to 93.9% in H1FY25
• The Bank has ~36 lakh customers as on Sept’25, as compared to ~32 lakh customers in Sept’24, an increase of 12.1%

Financial Highlights: H1 FY26

• Total income decreased by 2.4% YoY from Rs 711 Cr to Rs 694 Cr
• Net interest income (NII) decreased by 14.8% YoY from Rs 593 Cr to Rs 505 Cr
• Pre-provision operating profit (PPOP) decreased by 30.7% YoY from Rs 271 Cr to Rs 188 Cr
• Cost of Funds stood at 7.8% in H1FY26 as compared to 7.6% in H1FY25
• Cost to income stood at 72.9% in H1FY26 as compared to 61.8% in H1FY25
• Profit After Tax (PAT) decreased by 43.1% YoY from Rs 115 Cr to Rs 66 Cr
• Gross NPA stood at 5.9% as on Sept’25, compared to 2.9% in Sept’24
• Net NPA stood at 3.8% as on Sept’25, compared to 0.8% in Sept’24
• Healthy capital position with a CRAR at 23.4%; Tier I capital of 22.4% and Tier II capital of 1.0%