Sammaan Capital Ltd. witnessed a significant boost in its share price, as it jumped 10% following the announcement of its balance sheet clean-up that effectively reduced its non-performing assets (NPAs) to zero.
On May 21, 2026, Sammaan Capital's shares rallied 10% in the stock market. The surge came after the company shared its fourth-quarter results post-market hours on May 20, 2026.
The focal point of the announcement was the reduction of its Gross and Net NPAs to zero. This remarkable turnaround was facilitated by a strategic capital infusion from IHC, which allowed the company to write-off and provision for its legacy stressed assets.
Despite achieving zero NPAs, the financial report detailed a notable consolidated net loss of ₹8,101.4 crore for the fourth quarter, a stark increase compared with the ₹324.04 crore loss reported in the same period the previous year.
The significant financial adjustments included a sharp decline in net interest income by 92% year-on-year to ₹84.3 crore and impairment on financial instruments worth ₹2,958.1 crore.
Exceptional items during the quarter, amounting to ₹6,499.1 crore, also contributed to the financial results.
In addition to financial disclosures, Sammaan Capital shared its targets for the financial year 2027, where the firm expects its marginal cost of funds to decline by 160 basis points initially. Over time, it projects a further reduction by 270 basis points.
The company is aiming for an 80% disbursement in existing mortgage products by FY 2027-2028, with plans to balance its disbursement mix by FY 2030.
Read More: Sammaan Capital Share Price in Focus as it Classifies IHC as Promoter and Appoints Promoter Nominee Director!
Positive developments also included an upgrade in Sammaan Capital's credit rating to AA+ by all 3 domestic rating agencies, which enhances its borrowing capability.
The company is also focusing on diversifying its product offerings by entering new segments like gold loans, business loans, personal loans, and loans against securities.
As of May 21, 2026, at 11:09 AM, Sammaan Capital share price on NSE was trading at ₹154.37 up by 8.86% from the previous closing price.
Sammaan Capital's successful reduction of NPAs to zero, backed by IHC's capital support, has bolstered investor confidence, reflected in a 10% rise in its stock price. Despite the reported net loss, the company's outlook towards cost reduction and product diversification shows its efforts in stabilising and expanding its market footprint.
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Published on: May 21, 2026, 11:32 AM IST
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