SIDBI FY26 Profit Soars 14% to Rs 5,493 Cr; Supports MSMEs

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Aug 25, 2026 20:54

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Small Industries Development Bank of India (SIDBI) reported a 14% jump in net profit to Rs 5,493 crore for FY26, reaching an all-time high. The bank''s balance sheet crossed Rs 6.32 lakh crore, demonstrating strong growth and commitment to the MSME sector.
SIDBI FY26 Profit Soars 14% to Rs 5,493 Cr; Supports MSMEs
Illustration: Dominic Xavier/Rediff.com
New Delhi, Aug 25 (PTI) Small Industries Development Bank of India (Sidbi) on Tuesday said its net profit rose by 14 per cent to hit an all-time high of Rs 5,493 crore for the financial year ended March 2026.

The Lucknow-headquartered financial institution had earned a net profit of Rs 4,811 crore in the previous financial year.

During the year, Sidbi's balance sheet crossed Rs 6.32 lakh crore, the bank said in a statement.

The asset base of the bank grew by 11 per cent from Rs 5,68,239 crore as on March 31, 2025 to Rs 6,32,378 crore as on March 31, 2026, it said.

The loans and advances portfolio increased from Rs 4,96,282 crore in FY25 to Rs 5,79,755 crore at the end of FY26, representing a growth of 17 per cent.


During the year, the bank earned an income of Rs 41,940 crore, an increase of 9 per cent over the previous year.

Regarding asset quality, it stated that the Gross NPA and Net NPA ratios stood at 0.12 per cent and nil, respectively, as of March 31, 2026.

The bank's annual general meeting held on Monday approved a dividend of 20 per cent for 2024-25.

Commenting on the financial numbers, Sidbi chairman and managing director Manoj Mittal said the bank had charted out an ambitious yet balanced growth trajectory, driven by growth in both direct and institutional credit segments.

The bank remained committed to serving the MSME sector through financial, developmental, and policy initiatives that will bring in scalability and global competitiveness in Indian MSMEs.
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