NBFC Stock With LIC’s Stake Strengthens Liquidity Position On Allotment of Rs 30 Cr Worth of CPs To SBI

Leading NBFC Paisalo Digital Limited announced on Friday that it has successfully allocated Rs 30 crore worth of Commercial Papers (CPs) to the State Bank of India (SBI) through private placement. 600 listed CPs with a face value of Rs 5,00,000 each make up the allocation, which was authorized by the Board of Directors' Operations and Finance Committee on June 13, 2025. The entire issue value of the papers, which were issued at a price of Rs 4,86,653.50 per CP, is Rs 29.19 crore. On September 12, 2025, the papers are scheduled to mature at a redemption value of Rs 30 crore.

The CPs have a maturity period of 91 days and an 11% yield. For this transaction, IDBI Bank Ltd. has been designated as the Issuing and Paying Agent (IPA).

Paisalo Digital recently declared on June 10 that it has paid interest on the USD 48 million in outstanding Foreign Currency Convertible Bonds (FCCBs) at a coupon rate of 7.5% on June 10, 2025, which was the due date.

Financially, Paisalo Digital recorded net sales of Rs 189.72 crore for the March 2025 quarter, increasing 4.33% from Rs 181.84 crore for the March 2024 quarter. In the March 2025 quarter, its net profit was Rs. 45.01 crore, rising 25.4% from the March 2024 quarter's Rs. 35.89 crore. EBITDA improved 12.15% from Rs. 129.10 crore in Q4FY24 to Rs. 144.79 crore in Q4FY25. Interest income for Q4 FY 2025 climbed 17% to Rs 7,711 million from Rs 6,587 million in Q4 FY 2024, demonstrating the company's ongoing preservation of its margin posture. The company's PBT and PAT have gone up by 11.26% and 11.82%, respectively, YoY.

As of Q4 FY 2025, the company's AUM was highest-ever at Rs 52,328 million, up 14.10 percent from Q4 FY 2024's Rs 45,860 million. In FY 2025, the firm successfully issued USD $50 million (about Rs 4,230 million) in First Foreign Currency Convertible Bonds (FCCBs), with USD 2 million being converted into share capital. The company reached a record-breaking 1.52 million franchisees in Q4. The firm added the most clients to its customer franchise ever-5.16 million-in FY 2025. As of Q4 FY 2025, there were 9.45 million total customer franchises, up from 4.29 million in Q4 FY 2024.

A 10% dividend, or Re. 0.10 per equity share with a face value of Re. 1.00 each, has been recommended by the Board of Directors for FY25. The company's members must approve the dividend that the Board of Directors recommends at the upcoming annual general meeting. Compared to 2,455 touchpoints, the total geographic footprint as of FY 2025 was 3,565 touchpoints spread over 22 states. The company gained 27 additional touchpoints in Q4.

As of Q4 FY 2025, Paisalo has written off bad debts totalling Rs 508 million and recovered Rs 366 million in previously written-off bad debts. According to regulatory tracks, as of the March 2025 quarter, Life Insurance Corporation of India (LIC) owned 77,59,511 equity shares, or 1.17% stake in Paisalo Digital. Although the March 2025 number represents a slight reduction in LIC's shareholding in comparison to previous quarters-such as December 2024, when it had a 1.35% stake (84,73,644 shares)-LIC is still one of the major domestic institutional investors in Paisalo Digital.