Apollo Finvest (India) Ltd, (NSE: APOLLOFI, BSE: 512437), a publicly listed digital-first non-banking financial company (NBFC), reported continued profitability and improving operational metrics for the third quarter of FY26, supported by disciplined cost management, expanding retail partnerships and data-driven lending initiatives.
The company focuses on digital lending solutions targeting credit-aware retail borrowers through technology-enabled underwriting and distribution platforms.
Key Financial Metrics
- For Q3 FY26, Apollo Finvest reported total income of ₹4.70 crore and profit before tax (PBT) of ₹2.84 crore.
- The company achieved year-on-year PBT growth of 32.71% and a net profit margin of 38.94%, reflecting strong operating leverage and disciplined expense control.
- Return on equity (ROE) rose 17.87% year-on-year, while income per employee stood at ₹0.17 crore, highlighting operational efficiency supported by a lean workforce structure.
Operational & Portfolio Highlights
- Apollo Finvest’s loan portfolio continued to outperform industry benchmarks.
- Gross non-performing assets (GNPA) stood at 1.23%, below the industry average of 2.85%, while 30-day past-due ratios were 0.41%.
- Collection efficiency remained strong at 97.14%, exceeding the industry benchmark of 91%.
- Borrowers demonstrated stable income levels averaging ₹18,000 and an average bureau score of 724, indicating a prime and credit-aware customer base.
- Early delinquencies remained significantly below industry levels, underscoring strong risk management practices.
Strategic Initiatives & Business Expansion
- The company’s strategic priorities center on scaling retail lending through fintech partnerships and enhancing technology-driven underwriting.
- The retail loan book recorded 189% quarter-on-quarter growth in Q3 FY26, reflecting strong distribution momentum.
- Apollo Finvest also launched “Apollo Cash,” a digital lending platform that recorded over 35,000 organic downloads at launch, signalling early customer traction.
Technology, Risk and Operational Advancements
- Apollo Finvest has expanded its proprietary “Super Sonic” lending engine to strengthen underwriting, pricing and fraud prevention. The platform leverages Account Aggregator-based underwriting, enabling real-time consent-driven income verification, with over ₹30 crore already disbursed through the system.
- Risk-based pricing integrates alternate data sources such as device signals, SMS and transaction behaviour, while fraud screening uses geolocation and device fingerprinting to detect suspicious activity prior to disbursal.
Management Commentary, Team and Geographic Presence
- Management highlighted the strengthening of core capabilities through recruitment across data science, finance, collections and technology functions to support scalable growth.
- The company continues to operate as a digital-native lender focused on India’s retail borrower segment, with fintech collaborations driving geographic reach and customer acquisition.
Industry Context, Market Sentiment and Outlook
Apollo Finvest’s lower delinquencies and higher collections compared with industry benchmarks indicate resilience amid evolving NBFC credit cycles. The company aims to expand its retail footprint while maintaining capital discipline and strong portfolio quality through data-driven lending. Management emphasized sustained profitability, continued top-line growth and disciplined risk management as key priorities.
Key Takeaway
Apollo Finvest’s Q3 FY26 performance reflects a profitable, technology-led NBFC scaling its retail lending business through partnerships and advanced underwriting tools. Strong margins, improving ROE and industry-leading portfolio quality metrics position the company to pursue disciplined growth while maintaining credit performance.