Oxyzo FY26 Net Profit Rises 11% to Rs 372 Crore, Revenue Grows 23%

Oxyzo Financial Services Reports 11 Percent Profit Growth in FY26

Oxyzo Financial Services, the SME-focused non-banking financial company backed by OfBusiness, reported a profit after tax (PAT) of Rs 375 crore for FY26, representing an 11 percent growth from the previous year. The NBFC's revenue rose 24 percent to Rs 1,494 crore.

The company's assets grew 28 percent year to Rs 11,822 crore from the year-ago period. Its loan book expanded to Rs 10,545 crore, reflecting continued demand for financing from small and medium enterprises (SMEs). Asset quality remained strong, with gross non-performing assets (GNPA) at 0.74 percent and net non-performing assets (NNPA) at 0.3 percent. Oxyzo's return on assets (RoA) stood at 3.8 percent.

The company ended the fiscal year with a net worth of Rs 3,327 crore, up from Rs 2,943 crore in the previous year. The company maintained a capital adequacy ratio (CRAR) of 29 percent and a liquidity surplus of more than Rs 950 crore.

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Oxyzo diversified its borrowing mix across banks, NBFCs, and capital markets, with lenders including SBI, Federal Bank, IndusInd Bank, IDFC First Bank, Axis Bank, Kotak Mahindra Bank, and SIDBI.

The company expanded its financial services through the acquisition of wealth-tech platform GoldenPi and the launch of a private credit fund, as it looks to deepen engagement with SME and emerging corporate customers.