Moneyboxx Finance shares gained 3.40% to ₹41.41 on the National Stock Exchange after the non-banking financial company reported a 3.2-fold year-on-year surge in net profit for the second quarter of FY27. Profit after tax reached ₹0.90 crore, up from ₹0.28 crore in the corresponding period last fiscal year. Sequentially, bottom-line growth climbed even faster. Net profit rose 4.3 times from the ₹0.21 crore booked in the June quarter.
Core operational earnings paced the turnaround. Pre-provision operating profit jumped 79% year-on-year to ₹9.97 crore, up from ₹5.58 crore in Q2 FY26. On a quarter-on-quarter basis, operating earnings surged more than fourfold from ₹2.44 crore. Total income climbed 11% year-on-year to ₹61.02 crore, bolstered by a 16% increase in net interest and fee income to ₹39.64 crore. Profit before tax crossed the milestone mark to ₹1.01 crore, compared with ₹0.31 crore a year earlier and ₹0.25 crore in the preceding quarter. For the first half of FY27, net profit doubled to ₹1.11 crore from ₹0.52 crore.
| Metric | Q2 FY27 | Q2 FY26 | YoY Change | Q1 FY27 | QoQ Change |
|---|---|---|---|---|---|
| Net Profit (PAT) | ₹0.90 Cr | ₹0.28 Cr | +221% (3.2x) | ₹0.21 Cr | +328% (4.3x) |
| Pre-Provision Operating Profit | ₹9.97 Cr | ₹5.58 Cr | +79% | ₹2.44 Cr | +308% (4.1x) |
| Total Income | ₹61.02 Cr | ₹55.06 Cr | +11% | ₹52.12 Cr | +17% |
| Net Interest & Fee Income | ₹39.64 Cr | ₹34.05 Cr | +16% | ₹31.02 Cr | +28% |
| Total Assets Under Management | ₹802 Cr | — | — | — | — |
Balance-sheet cleanups altered the risk profile. On-book gross non-performing assets dropped to 0.01% as of September 30, 2026, down sharply from 3.59% six months earlier. The 90+ days past-due portfolio improved to 2.56%, compared with 6.25% at the close of March 2026. Early-stage delinquencies followed suit, with 30+ portfolio-at-risk falling to 6.64% from 8.40%.
Credit costs shrank to 2.64% of average assets under management during the first half, down from 3.32% in FY26, supported by a 92.5% collection efficiency rate. Underwriting shifts drove the metric gains. Approximately 67% of total assets under management now sit with borrowers holding bureau scores of 650 or higher. High-score borrowers—those with ratings at or above 750—now account for 19% of the book, up from 3% in FY24.
Total assets touched ₹1,057 crore at the close of September 2026. The milestone transitions Moneyboxx Finance into the Middle Layer non-banking financial company regulatory framework. Assets under management closed the quarter at ₹802 crore. To fuel balance-sheet expansion, the lender raised ₹110 crore through non-convertible debentures in Q2 FY27, lifting debenture exposure to 46% of total borrowings from 40% in March 2026. A consortium of 36 institutional lenders, including 12 commercial banks, backs the company's funding profile, leaving the capital-to-risk-weighted assets ratio at 26.35%.
Lending momentum picked up across its 148-branch physical footprint. Total quarterly disbursements rose 14% sequentially to ₹87 crore. Monthly rollouts more than doubled within two months, accelerating from ₹25 crore in August to ₹32 crore in September, before clearing ₹50 crore in October 2026 according to provisional operational tallies. Management confirmed that full-scale portfolio expansion across its core divisions—MSME loans, livestock finance, rooftop solar credit, and digital lending—will resume from the third quarter as fresh disbursements go live.