DhanSafal Reports Strong Q3 Growth As AUM Reaches Rs 804.6 mn

20 Feb 2026 CW Team

Assets under management (AUM) rose to Rs 804.6 million (mn) from Rs 332.0 mn as on 31 December 2024, reflecting a growth of 141 per cent supported by demand for loans against property among MSMEs, traders and self-employed borrowers. Revenue from operations increased to Rs 85.9 mn from Rs 30.1 mn, an increase of 185 per cent driven by portfolio expansion and improved yields. Net worth strengthened to Rs 619.1 mn from Rs 433.6 mn, up 43 per cent, reflecting healthy internal accruals and prudent capital management.

The company has expanded its presence across four key states and operates from nine strategic locations, including Mumbai, Pune, Nagpur, Nanded, Jaipur, Udaipur, Indore, Pithampur and Agra. It now serves over 700 active customers, predominantly from the MSME and retail self-employed segments, and reported a significant rise in loan disbursements during the period, indicating strong customer demand and efficient execution.

Management outlined plans to expand the branch network to upcoming locations and to launch smaller-ticket and tenure loan products to serve mass market customer segments. Further emphasis will be placed on Loan Origination System and Loan Management System automation to improve operational efficiency and reduce errors, while strengthening the capital base through a greater focus on debt financing to support growth.

The company positioned itself between organised banks and informal lenders by providing accessible and transparent credit solutions aimed at promoting financial inclusion and empowerment across India. With strategic expansion and technology-led efficiencies, it expects to sustain growth momentum and deepen penetration in emerging and semi-urban markets.

DhanSafal Finserve Limited, a listed non-banking financial company registered with the Reserve Bank of India, has reported its financial and operational results for the quarter and nine months ended 31 December 2025 as approved by the board of directors. The company said measured growth in its lending portfolio and revenues was driven by sustained demand for secured retail MSME loans, disciplined underwriting standards and calibrated expansion within existing markets. Assets under management (AUM) rose to Rs 804.6 million (mn) from Rs 332.0 mn as on 31 December 2024, reflecting a growth of 141 per cent supported by demand for loans against property among MSMEs, traders and self-employed borrowers. Revenue from operations increased to Rs 85.9 mn from Rs 30.1 mn, an increase of 185 per cent driven by portfolio expansion and improved yields. Net worth strengthened to Rs 619.1 mn from Rs 433.6 mn, up 43 per cent, reflecting healthy internal accruals and prudent capital management. The company has expanded its presence across four key states and operates from nine strategic locations, including Mumbai, Pune, Nagpur, Nanded, Jaipur, Udaipur, Indore, Pithampur and Agra. It now serves over 700 active customers, predominantly from the MSME and retail self-employed segments, and reported a significant rise in loan disbursements during the period, indicating strong customer demand and efficient execution. Management outlined plans to expand the branch network to upcoming locations and to launch smaller-ticket and tenure loan products to serve mass market customer segments. Further emphasis will be placed on Loan Origination System and Loan Management System automation to improve operational efficiency and reduce errors, while strengthening the capital base through a greater focus on debt financing to support growth. The company positioned itself between organised banks and informal lenders by providing accessible and transparent credit solutions aimed at promoting financial inclusion and empowerment across India. With strategic expansion and technology-led efficiencies, it expects to sustain growth momentum and deepen penetration in emerging and semi-urban markets.

Equipment

03 Jun 2026

John Crane Retrofit Cuts Water Use at Copper Mine Pump

John Crane has retrofitted a mechanical seal on a large underflow thickener slurry pump at a major copper mining operation, reducing sealing water consumption by around 288,000 litres per day while improving maintenance efficiency on a critical asset.The retrofit replaced the pump's traditional stuffing box arrangement, which required shaft sleeve replacement every four months due to abrasive wear. These maintenance activities involved significant downtime, a 100-tonne crane and extensive manpower.John Crane developed a mechanical seal package that could be installed without modifying the exis..

Resources

03 Jun 2026

TKIL Industries Appoints Gaurav Srivastava as CFO

TKIL Industries has appointed Gaurav Kumar Srivastava as Chief Financial Officer (CFO), effective 1 June 2026. He succeeds Ketan Pendse, Chief Financial Officer and Whole-time Director, who is stepping down after more than two decades with the company. Srivastava previously served as Executive Vice President, Finance & Taxation.Announcing the appointment, Vivek Bhatia, Managing Director & CEO, TKIL Industries, thanked Pendse for his long-standing contribution to the organisation and wished him success in his future endeavours.Bhatia said, “Gaurav’s appointment reflects our continued focus ..

Technology

03 Jun 2026

Siemens Launches Intelligence Center X for AI

Siemens has launched Intelligence Center X, an industrial AI orchestration software designed to help organisations move from isolated AI pilots to scalable business impact. The software enables people and AI agents to work together through shared context, workflows and lifecycle intelligence.Part of Siemens Xcelerator, Intelligence Center X connects industrial data, models and workflows on a governed foundation, allowing companies to deploy AI-driven applications and agents with traceability and control. It combines the Mendix low-code platform with Siemens’ Graph Studio and AI Studio softwa..