SME focused NBFC Oxyzo Financial Services continued its growth trajectory in FY26, reporting a 23% year on year rise in operating revenue to Rs 1,494 crore, according to its consolidated financial statements reviewed by Entrackr. The Gurugram-based company had recorded a 34% growth in revenue during FY25.
The company’s profit after tax also rose 10% to Rs 375 crore in FY26 from Rs 340 crore in the previous fiscal, driven by expansion in lending operations and stable asset quality metrics.
Oxyzo’s assets under management (AUM) grew 28% year on year to Rs 11,822 crore as of March 2026, while its loan book expanded to Rs 10,545 crore. The company maintained healthy asset quality with gross NPA at 0.74% and net NPA at 0.3%.
Strong Capital Position and Lending Expansion
As per the annual financial statements, Oxyzo reported a return on assets (RoA) of 3.8% and ended FY26 with a net worth of Rs 3,327 crore. The company also maintained a capital adequacy ratio (CRAR) of 29% along with a liquidity surplus exceeding Rs 950 crore.
The NBFC has diversified its borrowing profile across banks, NBFCs, and capital market instruments. Its lending partners include State Bank of India, Federal Bank, Axis Bank, Kotak Mahindra Bank, SIDBI, and IDFC First Bank.
Expanding Beyond Core Lending
In recent months, Oxyzo has expanded its financial services ecosystem through new initiatives and acquisitions. Earlier this month, the company acquired wealth tech platform GoldenPi to strengthen its debt capital markets business and also launched a private credit fund.
In March, Oxyzo launched Oxyzo Credit Fund I under its alternative investment platform and entered the fund management space through a new subsidiary, Oxyzo Investment Manager Private Limited. Separately, the company appointed former Brookfield executive Munish Dayal as an independent director on its board.
