SBFC

What SBFC Finance promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 3 delivered 2 missed 10 open
  • Gold Loan AUM % missed said Q3 FY26 Promised: under 20% Q1 FY27: Missed. Gold AUM share further increased to 22.1% (2631cr / 11922cr), remaining above the original 20% cap. This promise is now superseded by new guidance.
  • Opex Reduction at risk said Q4 FY26 Promised: decline by 20 to 25 basis points through the year Q1 FY27: At risk. Opex as a percentage of AUM increased sequentially to 4.29% from 3.93% due to front-loaded costs. While management reiterated a full-year reduction target of 25 bps, the initial quarterly trend is unfavorable.
  • ROE on track said Q1 FY26 Promised: desired ROE of around 15% Q1 FY27: On track. RoE improved to 14.73% from 14.48% last quarter, moving closer to the 15% milestone target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 15 tracked commitments for SBFC Finance — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens