SME-Focused NBFC Maintains Strong Growth

Oxyzo Financial Services has reported significant growth for the fiscal year ended March 2026, solidifying its position as a key player in the Indian SME lending sector. The Gurugram-based NBFC posted operating revenue of Rs 1,494 crore, marking a 23% year-on-year increase from Rs 1,207 crore in FY25. Profit after tax (PAT) rose 10% to reach Rs 375 crore.

Financial Highlights

  • Total AUM: Grew 28% to Rs 11,822 crore, with a loan book of Rs 10,545 crore.
  • Asset Quality: Maintained impressive stability with a Gross NPA of 0.74% and Net NPA of 0.3%.
  • Capital Position: Reported a robust Capital Adequacy Ratio (CRAR) of 29% and a liquidity surplus exceeding Rs 950 crore.
  • Efficiency: Achieved a Return on Assets (RoA) of 3.8% for the fiscal year.

Strategic Expansion and Diversification

Beyond its core lending operations, Oxyzo is actively building a comprehensive financial services ecosystem. The firm recently acquired the wealth-tech platform GoldenPI to bolster its debt capital markets business. Additionally, the company has ventured into the asset management space with the launch of Oxyzo Credit Fund I (OCF-I), targeting the performing credit sector.

Founder Takeaways

  • Diversification is Key: Oxyzo’s ability to tap into multiple borrowing sources—including SBI, Federal Bank, and SIDBI—has been critical to its ability to scale its loan book aggressively while maintaining liquidity.
  • Ecosystem Building: Moving beyond simple lending into wealth-tech and fund management allows the company to capture more value from its existing SME client base.
  • Governance Focus: The appointment of industry veterans like Munish Dayal (formerly of Brookfield) to the board signals a focus on institutional-grade governance as the company scales.