SBFC Finance has declared that the company maintains sufficient security cover in respect of its secured listed non-convertible debentures as of December 31, 2025. An independent auditor’s certificate confirms this. As of December 31, 2025, the book value of assets is 108,165.33 million, against debt securities of 10,568.52 million. The total value is 13,702.42 million.
Security Cover Maintained
SBFC Finance has announced that it maintains sufficient security cover for its secured listed non-convertible debentures. This announcement follows an independent auditor’s review.
Auditor’s Certificate Highlights
According to the auditor’s certificate dated January 24, 2026, the following key figures were reported:
- Total book value of assets: 108,165.33 million
- Total debt securities (pertaining to certificate): 10,568.52 million
- Total value: 13,702.42 million
The certificate confirms that the particulars contained in the statement regarding the book value of assets charged against the listed debentures are in agreement with the unaudited financial statements, books of accounts, and other relevant records as of December 31, 2025.
Security Cover Details
As of December 31, 2025, here are the details regarding security cover:
- Loans to customers (net of ECL): 90,645.86 million
- Total Liabilities: 72,503.06 million
Security Cover Ratio
- Exclusive Security Cover Ratio: 1.25
- Pari-Passu Security Cover Ratio: 1.30
Source: BSE
