512399
Sera Investments financials
- Market cap
- ₹378 Cr
- Sector
- Financial Services
What Sera Investments does
Sera Investments & Finance India Limited is a non-banking financial company (NBFC) that is expanding into secured retail lending for MSME/SME customers in Tier-2 and Tier-3 towns and underserved rural areas, using a hub-and-spoke model for disbursement and localised service delivery. Lending combines physical, on-ground outreach with a technology-enabled onboarding stack — an OCR-based onboarding app, real-time verification, risk-based scoring models, e-sign, co-application modules and API-integrated bank-statement analysis — to speed up turnaround and reduce onboarding risk. The company has also entered India's alternative-investments space after receiving SEBI approval to launch a Category 3 Alternative Investment Fund (AIF) with a ₹100 crore corpus. It operates through two subsidiaries: Sera Capital Services Private Limited (wholly owned) and Sera Code Private Limited (99.21% stake).
Segments
- NBFC lending
- Investment services (AIF)
- States of operation
- 2 states (hub-and-spoke model, with outreach to smaller districts around major towns)
- Subsidiaries
- 2 (Sera Capital Services Pvt Ltd — wholly owned; Sera Code Pvt Ltd — 99.21% stake)
- AIF fund corpus
- ₹100 crore (Category 3 AIF, SEBI-approved, FY26 launch)
- Business lines
- 2 (NBFC retail secured lending + AIF investment services)
- Years in operation
- 40 years (incorporated 1985)
Quarterly results
Q1 FY27: revenue up 1866.7% against the same quarter last year.
| Line item | Q4 FY24 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 0 | 2 | 3 | 2 −60% | 25 | 42 +2000% | 59 +1867% |
| EBITDA | 5 | -5 | 2 | 1 | 2 −66% | — | — | — |
| Net profit | 3 | -5 | 2 | 0 | 1 −67% | 20 +500% | 33 +1550% | 50 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +64.8% 1Y
1Y: ₹35.02 on 10 Sept 2025 → ₹57.7. High ₹60 (8 Sept 2026), low ₹32.21 (31 Oct 2025).
Financials, as filed
| Year ending | FY26 |
|---|---|
| Revenue | ₹72 Cr |
| Interest | ₹0 Cr |
| Depreciation | ₹0 Cr |
| Net profit | ₹54 Cr |
| Net margin | 75.0% |
| Cash from operations | ₹55 Cr |
| Free cash flow | ₹55 Cr |
| ROE | 18.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Equity capital | ₹13 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹56 Cr | ₹391 Cr | ₹281 Cr |
| Borrowings | ₹19 Cr | ₹23 Cr | ₹1 Cr |
| Other liabilities | ₹2 Cr | ₹99 Cr | ₹52 Cr |
| Total liabilities | ₹91 Cr | ₹527 Cr | ₹347 Cr |
| Fixed assets | ₹1 Cr | ₹3 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹34 Cr | ₹456 Cr | ₹246 Cr |
| Other assets | ₹56 Cr | ₹68 Cr | ₹99 Cr |
| Total assets | ₹91 Cr | ₹527 Cr | ₹347 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +12.56 pp while FIIs trimmed −11.98 pp. The shareholder count shrank 12% to 7,709.
- Promoters
- 57.7%
- FIIs
- 4.1%
- Public
- 38.2%
Since Jun 2025
- Public +12.56 pp
- FIIs −11.98 pp
- Promoters −0.57 pp
How it drifted, 12 quarters
Over this window promoters fell from 70.0% to 57.7% — −12.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 70.0%, Public 30.0%.Dec '23: Promoters 70.0%, Public 30.0%.Mar '24: Promoters 64.6%, Public 35.4%.Jun '24: Promoters 56.0%, Public 44.0%.Sep '24: Promoters 56.0%, FIIs 14.7%, Public 29.3%.Dec '24: Promoters 56.0%, Public 44.0%.Mar '25: Promoters 57.8%, Public 42.2%.Jun '25: Promoters 58.3%, FIIs 16.1%, Public 25.6%.Sep '25: Promoters 58.3%, FIIs 4.1%, Public 37.6%.Dec '25: Promoters 58.1%, FIIs 4.1%, Public 37.7%.Mar '26: Promoters 58.1%, FIIs 4.1%, Public 37.7%.Jun '26: Promoters 57.7%, FIIs 4.1%, Public 38.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sagar Samir Shah +0.15 pp 3.59% held
- Paresh Sevantilal Kapashi newly disclosed 0.00% held
- Sushilaben Kapashi newly disclosed 0.00% held
- Nitina Kapashi newly disclosed 0.00% held
- Sejal Indubhai Kapashi newly disclosed 0.00% held
- Bhakti N Kapashi newly disclosed 0.00% held
- Indubhai Kapashi newly disclosed 0.00% held
- Sevantibhai Kapashi newly disclosed 0.00% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sera Investments above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Seraphiim Ventures Private Limited | 17.37% | −0.62 pp |
| Swetsam Stock Holding Private Limited | 14.78% | unchanged |
| Shweta Samirbhai Shah | 7.82% | unchanged |
| Viraj Varun Sheth | 5.34% | unchanged |
| Amoli Samir Shah | 5.34% | unchanged |
| Eriska Investment Fund Ltd FPI fund | 4.12% | unchanged |
| Sagar Samir Shah | 3.59% | +0.15 pp |
| Samir Rohitbhai Shah | 3.44% | unchanged |
| Mohamed Irfan Mohamed Latif Shaikh | 2.30% | unchanged |
| Ronit Champaklal Shah | 1.21% | unchanged |
| Efficent Tie Up Private Limited | 1.17% | unchanged |
| Rupaben Rajendrakumar Vadodaria | 1.16% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Sera Investments
Guides on how to read this kind of business and the numbers that matter.