Lends to underserved micro, small and medium enterprises and salaried retail borrowers in Tier-2 cities across five northern Indian states, operating through 310-plus branches that serve over 16,000 customers. The core business is secured MSME lending, whose book grew 44% quarter-on-quarter to ₹230 cr in Q1 FY27, almost 5x year-on-year, and now represents about 67% of total AUM of ₹345 cr. A digital salaried-lending platform called Cash My Salary was launched in the quarter and built a ₹23 cr AUM within weeks; the mix of unsecured personal loans in the book has been cut from 26% to 18% to harden asset quality. Q1 FY27 total income of ₹17.4 cr was 86% higher year-on-year, and the company earned a ₹7 cr profit after tax, with GNPA at 0.98% and NNPA at 0.74%. Lending is funded by listed NCDs (raised at 13-14% coupons) and bank term loans, with a blended cost of funds of 13.25% that the company plans to bring down to 11.75-12.5% by FY27 end. Employee costs of 12.9% of revenue and other operating costs of 11.9% are the main operating expenses, while the biggest input cost is the interest paid on borrowed money used to on-lend. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Secured MSME lending, Digital salaried lending (Cash My Salary), Unsecured personal loans. Small, growth-stage NBFC pivoting from unsecured to secured MSME lending, supplemented by a new digital salaried-lending platform
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 34 |
| EBITDA (ex other income) | 24 |
| margin % | 69.0 |
| Owners' profit | 13 |
| EPS, as reported (₹) | 1.67 |
| ROE % · ROCE % | 8.4 · — |
| Debt / equity (x) | 0.00 |
| Cash from operations | 27 |
| Capex | (3) |
| ₹ crore | Q4 FY26 | Q1 FY27 |
|---|---|---|
| Revenue | 10 | 17 |
| Profit before tax | 5 | 9 |
| Net profit | 4 | 7 |
| EPS (₹) | 0.44 | 0.79 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 34,342 | 38.9 | 10.50 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,526 | 19.6 | 4.12 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,359 | — | 2.80 | 41.8 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 1,077 | — | 0.82 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 961 | 171.5 | 3.75 | 87.4 | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 900 | 27.3 | 5.29 | 17.3 | 22.5 | 30.3 | — | 97.5 |
| STELLANT SECURITIES (INDIA) LT | 559 | — | 1784.58 | — | 18.2 | 18.2 | — | 56.7 |
| THE INVEST TRUST OF IND L | 511 | 15.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Regency Fincorp allots 60 Crore secured NCDs at 13 percent | fund raising | high | — | — |
| 11 Sept 2026 · Regency Fincorp allots 60 crore NCDs at 13 percent via private placement | fund raising | medium | — | — |
| 9 Sept 2026 · Regency Fincorp board clears INR 50 Cr NCD issue at 12% p.a., eyes ESOPs and equity raise | fund raising | high | — | — |
| 9 Sept 2026 · Board okays INR 50 cr NCD issue, considers ESOPs and equity fundraise | fund raising | high | — | — |
| 9 Sept 2026 · Board approves INR 50 Cr NCD issuance at 12%, considers ESOP and preferential equity | fund raising | high | — | — |
| 9 Sept 2026 · Board approves INR 50 Cr NCD issue, ESOPs and fund raising plans | board shareholder meetings | low | — | — |
| 9 Sept 2026 · Board approves Rs 75 crore secured NCD issuance | fund raising | medium | — | — |
| 5 Sept 2026 · Newspaper publication of 33rd AGM notice submitted to BSE | compliance | minimal | — | — |
| 5 Sept 2026 · Board meet on Sep 9 to consider NCD issue, ESOPs and preferential equity | fund raising | medium | — | — |
| 4 Sept 2026 · Board approves INR 75 crore NCD issuance at 13 percent coupon | fund raising | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 0.70 |
| 7.1 |
| 4.7 |
| 3.9 |
| (2.4) |
| 23.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 37.7 | 17.9 | 71 of 95 | 26% |
| P/B | 2.6 | 1.2 | 72 of 101 | 29% |
| ROE | 8.4 | 1.3 | 21 of 115 | 83% |
| Debt / Equity | 0.0 | 0.0 | 4 of 115 | 37% |
| EBITDA margin | 84.3 | 25.6 | 21 of 91 | 78% |
| Market cap | 412 | 28 | 10 of 109 | 92% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
