Sammaan Capital Limited has released its financial results for the quarter and year ended March 31, 2026. Alongside its financial performance, the company announced a significant strategic capital raise of up to ₹10,000 crore through various debt instruments to support its future growth. The company is actively focusing on its long-term transformational strategy, including a major shift towards retail lending and the resolution of non-core assets.
Financial Performance for Q4 and FY26
For the quarter ended March 31, 2026, Sammaan Capital reported total income of ₹1,361.32 crore. The company recorded a loss for the period attributable to shareholders of ₹8,101.41 crore, primarily impacted by exceptional items and an increased provision for impairment. The total expenses for the quarter stood at ₹4,958.77 crore. For the full financial year 2026, the company reported a total income of ₹8,190.23 crore.
Strategic Transformation and Asset Resolution
The company has initiated a strategic shift in its business model, reclassifying ₹14,953 crore of non-core exposures as ‘Identified Exposures’. These assets, which include long-tenured assets and those with litigation-related risks, are now intended to be resolved through sales to Asset Reconstruction Companies (ARCs), structured settlements, and other recovery mechanisms. This shift is part of a broader goal to increase the proportion of retail assets in the company’s overall loan book.
Capital Raising Initiative
To support its ongoing business operations and growth, the company has received board approval to raise up to ₹10,000 crore. This capital will be mobilized through the issuance of debentures, bonds, external commercial borrowings, or other non-convertible securities. This enabling authorization allows the company to tap into both domestic and international markets, either via public offers or private placements, in one or more tranches to maintain a robust financial position.
Market Confidence and Upgrades
Despite the current challenges, Sammaan Capital has seen positive momentum in its credit profile. Moody’s upgraded the company’s Long-Term Corporate Family Rating to B1 with a Positive Outlook. Furthermore, domestic rating agencies including CRISIL and CARE have upgraded the company’s long-term debt ratings to AA+/Stable and AA+, respectively. These upgrades reflect improved market confidence as the company advances its long-term transformational strategy.
Source: BSE
