Sammaan Capital Q2 Results: Net profit rises to Rs 312 crore, AUM up 5% QoQ to Rs 59,188 crore

Sequentially, the company’s net profit increased over 28% quarter on quarter from Rs 243 crore reported in the first quarter of FY27. The non banking financial company’s assets under management (AUM) meanwhile increased over 5% QoQ to Rs 59,188 crore as at the end of the September quarter, from Rs 56,239 crore at the end of the June quarter.

The company’s revenue from operations decreased 18% YoY to Rs 1,850 crore, while total consolidated expenses decreased more than 22% YoY to Rs 1,426 crore during the quarter under review.

Also read | Jefferies’ Chris Wood sees fresh US-Iran tensions as biggest risk to India, sees this sector as the best hedge

Sammaan Capital’s disbursements during the quarter increased to Rs 6,278 crore, registering a growth of 62% over the preceding quarter. The company disbursed approximately 30,700 loans during Q2 FY27, taking total disbursements for the first half of the ongoing financial year to Rs 10,153 crore across approximately 42,600 loans.

Live Events

The company in a press release said its asset quality continued to strengthen during the quarter. Gross non-performing assets (GNPA) improved to 0.15%, compared with 0.21% in Q1 FY27, while net non-performing assets (NNPA) declined to 0.11% from 0.15%. The company reported a blended cumulative collection efficiency of 99.6%. Its total provisions represented 10.2% of the loan book, reflecting a conservative provisioning approach, the company said.

Sammaan Capital’s net worth stood at Rs 19,445 crore as of September 30, 2026, excluding the proceeds of Rs 906 crore received from the first tranche of warrant conversion completed on October 30 this year. Its capital adequacy remained strong at 20%, the company said in a press release.Also read | S Naren’s art of contra investing: HDFC Bank, Natco Pharma, other 7 top picks down up to 39% from 52-week highs. What this means

Sammaan Capital’s FY27 outlook

Sammaan Capital said it remains focused on executing its FY27 growth roadmap, with full-year targets that include AUM of Rs 70,700 crore, a loan book of Rs 53,000 crore, disbursements of Rs 30,100 crore and profit of Rs 1,400 crore. The company is also targeting an expansion of its branch network to 270 branches by the end of FY27.

The NBFC added that it longer-term ambition is to progress from its current AA+ credit rating towards an AAA rating, supported by strong capitalisation, sustained asset quality, strategic support, funding and liquidity, and enhanced management and governance standards. Its roadmap also includes achieving a sustainable Return on Managed Assets (ROMA) of above 2%.

What Sammaan Capital’s management said

Q2 of the financial year 2027 represents continued progress in the execution of Sammaan Capital’s transformation and growth strategy, said the company’s CEO & MD Gagan Banga. “We have delivered strong sequential momentum in, disbursements and profitability while further improving our asset quality. Our focus remains on building a diversified and resilient lending franchise, supported by disciplined underwriting, strong collections and a robust capital position,” he said.

The company is investing in its people, distribution network, technology and governance capabilities to support the next phase of growth, the executive said, adding that the strategic partnership with IHC further strengthens its capital position and provides an important foundation for its long-term ambitions. “As we scale, we remain committed to balancing growth with risk discipline and building a sustainable, institutionally strong financial services business,” he added.

Also read | Tenbaggers on Dalal Street! These 17 stocks delivered over 1,000% returns in 5 years. What Peter Lynch’s rules say to find the next?

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.