Fedbank Financial Services Ltd

India Ratings & Research stated that the ratings factor in FedFina's increased scale of franchise with a granular loan book, adequate capital and liquidity buffers, and diversified funding profile as of 9MFY26. The ability to improve profitability with stable asset quality particularly in the small-ticket loan against property (LAP) segment remains a rating monitorable. It further said that the strengthening of FBL's credit profile, along with significant scaling of Fedfina's franchise while maintaining adequate capital and profitability buffers and stable asset quality will lead to a positive rating action. However, any deterioration in the credit profile of the parent or a dilution of the majority ownership (below 51% stake by FBL); reduced operational oversight or the reduced importance of FedFina to the parent; lack of timely financial support from FBL; and any material deterioration in FedFina's standalone credit profile, with a rise in delinquencies, or a significant fall in the capital buffers could lead to a negative rating action. Fedbank Financial Services (FedFina) is a non-banking finance company. At end-December 2025, its portfolio comprised gold loans (45.2%%), medium-ticket LAP (30.6%%), small-ticket LAP (21.3%), others (1.3%), and business loans including personal loans (1.6%). FedFina is backed by FBL (60.8% stake) and True North (7.3%), a private equity investor. The scrip had lost 1.78% to end at Rs 127.10 on the BSE on Friday. Powered by Capital Market - Live

Fedbank Financial Services announced that India Ratings and Research has assigned/ affirmed credit ratings for non convertible debentures and bank loan facilities at IND AA+; Stable. Powered by Capital Market - Live

Fedbank Financial Services will hold a meeting of the Board of Directors of the Company on 3 March 2026.Powered by Capital Market - Live

Fedbank Financial Services has allotted 21,750 equity shares under ESOS on 20 February 2026. As a result of the allotment, the paid-up share capital of the Company is increased from Rs. 3,74,10,35,380/- consisting of 37,41,03,538 equity shares having a face value of Rs. 10/- each to Rs. 3,74,12,52,880/- consisting of 37,41,25,288 equity shares having a face value of Rs. 10/- each. Powered by Capital Market - Live

Net interest income for the period under review was Rs 318.9 crore, up 16.8% YoY. Net total income in the December 2025 period rose by 11.8% to Rs 347.8 crore from Rs 311.0 crore in the December 2024 period. Operating expenses rose by 12% to Rs 198.4 crore in the December 2025 quarter from Rs 177.2 crore in the December 2024 quarter. Accordingly, the NBFC registered an operating profit of Rs 149.4 crore in Q3 FY26, up 11.7% YoY. Credit cost dropped by 71.4% to Rs 31.1 crore in Q3 FY26 from Rs 108.8 crore in Q3 FY25. Profit before tax in Q3 FY26 stood at Rs 118.3 crore, which is sharply higher than the PBT of Rs 25 crore in Q3 FY25. Asset under management (AuM) as on 31 December 2025 was Rs 17,500 crore, up 17.4% YoY. Disbursements increased by 95.8% to Rs 8,606 crore in Q3 FY26 from Rs 4,395 crore recorded in Q3 FY25. Gross Stage III ratio rose to 2.1% as of 31 December 2025, from 1.8% as of 31 December 2024. Net Stage III ratio increased to 1.4% as of 31 December 2025 from 1.1% as of 31 December 2024. CRAR as on 31 December 2025 was 20.5%, down 117 basis points YoY. The company co-located 14 MSE LAP branches with Gold Loan branches during the quarter. It has launched 54 new Gold Loan branches this quarter. Branch count as on 31 December 2025 stood at 730, spread across 17 states and union territories. Fedbank Financial Services, also known as Fedfina, is a Mumbai-based, retail-focused non-banking finance company (NBFC). The company is a leading retail focused NBFC specializing in loan against property and gold loans. As of March 2025, it operates 694 branches, predominantly located in Southern and Western regions of India. The scrip tumbled 7.54% to currently trade at Rs 163.10 on the BSE. Powered by Capital Market - Live

Net profit of Fedbank Financial Services rose 368.60% to Rs 87.91 crore in the quarter ended December 2025 as against Rs 18.76 crore during the previous quarter ended December 2024. Sales rose 4.75% to Rs 555.17 crore in the quarter ended December 2025 as against Rs 529.99 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales555.17529.99 5 OPM %61.1948.47 - PBDT132.3437.87 249 PBT118.2925.04 372 NP87.9118.76 369 Powered by Capital Market - Live

Fedbank Financial Services has approves the allotment of 20,000 secured, listed, rated, redeemable, senior non-convertible debentures having a face value of Rs. 1,00,000 each, of the aggregate nominal value of up to Rs. 200 crore on private placement basis. Powered by Capital Market - Live

Fedbank Financial Services has allotted 12,700 equity shares under ESOS on 06 January 2026. As a result of the allotment, the paid-up share capital of the Company is increased from Rs. 3,74,07,68,000 consisting of 37,40,76,800 equity shares having a face value of Rs. 10/- each to Rs. 3,74,08,95,000 consisting of 37,40,89,500 equity shares having a face value of Rs. 10/- each.Powered by Capital Market - Live

Fedbank Financial Services will hold a meeting of the Board of Directors of the Company on 15 January 2026.Powered by Capital Market - Live

Fedbank Financial Services has allotted 6,088 equity shares under ESOS on 15 December 2025. Post allotment, the paid up equity share capital has increased to Rs. 3,74,07,68,000 consisting of 37,40,76,800 equity shares having a face value of Rs. 10/- each. Powered by Capital Market - Live