Small Industries Development Bank of India (Sidbi) reported a 14% rise in net profit to a record Rs 5,493 crore for the financial year ended March 2026, compared with Rs 4,811 crore in FY25.
The Lucknow-headquartered financial institution said its balance sheet crossed Rs 6.32 lakh crore during the year. Its asset base grew 11% to Rs 6,32,378 crore as of March 31, 2026, from Rs 5,68,239 crore a year earlier.
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Sidbi’s loans and advances rose 17% year-on-year to Rs 5,79,755 crore in FY26 from Rs 4,96,282 crore in FY25. The bank’s income increased 9% during the year to Rs 41,940 crore.
Asset quality remained stable, with the gross non-performing asset (NPA) ratio at 0.12% as of March 31, 2026. The net NPA ratio stood at zero.
Sidbi’s annual general meeting on Monday also approved a 20% dividend for FY25.
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Sidbi chairman and managing director Manoj Mittal said the bank had followed a balanced growth strategy supported by expansion in both direct and institutional credit.
He said the bank would continue to support the micro, small and medium enterprises (MSME) sector through financial, development and policy initiatives aimed at improving scalability and global competitiveness.
