Results · Financial Services

Navi Finserv reports mixed FY26 results with consolidated profit drop

What they do

Navi Finserv is an RBI-registered non-banking financial company focused on lending

Consolidated net profit fell 46% to ₹93.3 Cr despite revenue growth of 17%

Standalone profit surged 32%, driven by a strong Q4 performance with 345% growth

Navi Finserv reported ₹93.3 Cr consolidated profit after tax for FY26.
This figure represents a 46% decline from the previous year's ₹172.2 Cr.
Consolidated operating revenue grew 17% to reach ₹2,691.5 Cr in FY26.
The standalone business showed stronger health with profit up 32% to ₹292.21 Cr.
Q4 standalone net profit jumped 345% to ₹134.8 Cr from ₹30.3 Cr.
Finance costs rose sharply by over 33% to ₹1,074.8 Cr during the fiscal year.
Other expenses increased significantly by 71% to reach ₹775.1 Cr.
Impairment on financial instruments decreased by 29% to ₹407.9 Cr.

The divergence between consolidated and standalone results highlights structural cost pressures.
Rising finance costs indicate higher borrowing expenses impacting overall profitability.
Strong Q4 standalone performance suggests improving operational efficiency in core lending.

Navi Finserv operates as an RBI-registered non-banking financial company (NBFC).
It is a wholly owned subsidiary of the parent company Navi Ltd.
Parent Navi Ltd offers a superapp with UPI payments and investment services.
The group provides loans, insurance, and other financial products to customers.
The company invests in technology infrastructure to improve customer experience.
Data-led underwriting processes are used to enhance lending efficiency.
Employee benefits expenses grew by 24% to ₹254.9 Cr in FY26.

The company plans to continue investing in automation and data-led underwriting.
Focus remains on improving customer experience through technological infrastructure upgrades.