Results · Financial Services

LenDenClub targets ₹330-350 Cr revenue in FY26

By Startup Enthusiast · 13 March 2026

What they do

LenDenClub posted a ₹28.6 crore net profit in FY25, reversing a ₹10.6 crore loss from FY24

Its FY25 operating revenue rose 28% to ₹227 crore, and total revenue was ₹241.4 crore including other income

The company targets ₹330-350 crore revenue in FY26, about 50% YoY growth, and may consider an IPO after ₹100 crore net profit

LenDenClub reported a net profit of ₹28.6 crore in FY25, turning around from a net loss of ₹10.6 crore in FY24.
Operating revenue grew 28% to ₹227 crore in FY25 from ₹177.4 crore the previous year.
Total revenue, including other income of ₹14.48 crore, stood at ₹241.4 crore in FY25.
Expenses rose 5% to ₹201 crore in FY25, driven by higher employee, technical, and marketing costs.
Employee benefit expenses jumped 3.5 times to ₹13.5 crore, and technical expenses more than doubled to ₹65.4 crore.
Promotion and advertisement spending increased 47% to ₹42 crore, while credit bureau charges rose to ₹5.3 crore.
The company targets ₹330-350 crore revenue in FY26, about 50% year-on-year growth.
LenDenClub has disbursed ₹18,440 crore in loans to date, with 41.63 lakh lenders and 3.64 crore borrowers.

The RBI's crackdown on P2P lending, starting 2024, banned advertising these loans as investment products.
New RBI rules imposed lending and borrowing caps, T+1 escrow settlements, fixed platform fees, and zero cross-selling.
Despite regulatory pressure, LenDenClub achieved profitability and maintained growth in FY25.
The company's shift toward LSP and TSP services helped diversify revenue beyond traditional P2P fees.

LenDenClub operates a peer-to-peer (P2P) lending platform that connects individual lenders with borrowers.
It also works as a lending service provider (LSP) under the brand Instamoney.
The company provides technology solutions to banks and NBFCs as a technology service provider (TSP).
Revenue comes from commissions charged to lending partners and fees paid by borrowers.
Revenue split is approximately 50% from LSP, 40% from P2P, and the rest from TSP services.
As of February 2026, the company's non-performing assets (NPA) stood at 3.53%.
In February 2026, it disbursed 2.22 lakh loans, with over 74% under ₹1 lakh each.
The company is based in Mumbai and was founded in 2015.

The company plans to reach ₹100 crore net profit before considering an IPO or private placement.
It does not need additional capital currently.