Please find enclosed herewith the Press Release
MONEYBOXX · price
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Moneyboxx Finance reported a 56% jump in total income to INR 199.23 crore in FY25, up from INR 127.96 crore in FY24, driven by a 27% rise in assets under management to INR 927 crore. The NBFC expanded its branch network from 100 to 163 across 12 states, including new entries into South India (Telangana, Andhra Pradesh, Karnataka, Tamil Nadu). Secured lending nearly doubled to 45% of AUM from 24% a year earlier, with a target of ~65% by Mar'26. However, profit after tax fell sharply to INR 1.25 crore from INR 9.14 crore, as credit costs surged to INR 28.13 crore from INR 7.10 crore amid rising industry-wide delinquencies in unsecured lending. Gross NPA rose to 6.61% and Net NPA to 3.42% as of March 2025, though collection efficiency has been recovering since November 2024. The company strengthened its balance sheet with an INR 175.8 crore equity raise and an INR 185 crore NCD issuance, taking net worth to INR 261 crore and CRAR to a healthy 29.25%.
Positive on growth and strategic positioning — strong revenue expansion, geographic diversification, and pivot toward secured lending reduce risk. However, the steep fall in profit and rising NPAs signal near-term asset quality stress, which could weigh on the stock despite the robust capital cushion.