The shares of this non-banking financial company surged over 7 percent on Friday after the company announced that it had signed a co-lending agreement with SBI. In this article, we will discuss more about this in detail.
With a market capitalization of Rs 2,933 crores, the shares of Paisalo Digital Ltd are currently trading at Rs 32.5 per share, down by 60.34 percent from its 52-week high of Rs 81.95 per share. Over the past five years, the stock has delivered a return of 193.26 percent.
Paisalo Digital Limited, a major NBFC (non-banking financial company), announced that it has entered into a Co-Lending agreement with the State Bank of India (SBI) to provide loans to Small and Medium Enterprises (SMEs). This cements the continued partnership, which started back in 2021, to help improve access to credit for small business owners all over India.
SBI and Paisalo Digital Limited will continue to co-lend in accordance with RBI guidelines, just as they have done in the past. Their focus will be on supporting borrowers from productive sectors, particularly in tier 2, tier 3 cities, and rural areas.
This will be enabled through their digital co-lending platform, which now manages the entire loan lifecycle, i.e., from application and disbursement to servicing and recovery, ensuring a more efficient and transparent lending process.
Financial Highlights
The company reported a revenue of Rs 771 crores in FY25, up by 17.53 percent from its FY24 revenue of Rs 656 crores. Additionally, the company reported a net profit growth of 11.73 percent to Rs 200 crore in FY25 from Rs 179 crores in FY24.
The stock delivered an ROE and ROCE of 13.93 percent and 13.13 percent, respectively, and is currently trading at a P/E of 14.56x as compared to its industry average of 25.46x.
Paisalo Digital Limited is a non-deposit-taking NBFC registered with the Reserve Bank of India. A thriving listed NBFC with a robust distribution network in rural and semi-urban areas of India.
Having served over 94 lakh+ borrowers and 3,565 touch points across the country, Paisalo is currently at the forefront of co-lending and a pioneer in seamless credit distribution services and the administration of income-generating loans.
Written by Satyajeet Mukherjee
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