Digital lending platform Fibe has filed paper with SEBI to raise Rs 750 crore through fresh share issue in IPO. Before this public market entry, the consumer finance company report 31% year-on-year growth in total revenue, reaching Rs 1,601 crore in year ending March 2026. Net profit more than double to Rs 257 crore.
Official record show that revenue from operation go up to Rs 1,585 crore in FY26 from Rs 1,209 crore last year, mainly because of strong earnings from interest income.
Revenue Details
Main revenue for the company come from interest on loan product, making near 65% of total revenue. Money from this part grow 33% year-on-year to Rs 1,023 crore in FY26. Other earning includes fee and commission at Rs 393.5 crore.
Income from guarantee premium—money taken for giving default protection to lending partner—rise 40% to Rs 146 crore. Extra income like marketing fee and interest on current investment add Rs 17 crore more to total revenue.
Company loan book grow, so credit admin and cost also increase. In FY26, company record Rs 420 crore loss on financial instrument, which include Rs 203 crore loan write-off and Rs 135 crore guarantee loss. At same time, interest on big borrowing make finance cost jump 48% to Rs 288 crore.
Expenses Pattern
On staff and marketing side, employee benefit cost Rs 148 crore, more than 12% of total spend. This include Rs 8.4 crore for staff stock plan (ESOP). Customer reach and marketing take Rs 133 crore this year. Other spend like agent commission, legal fee, and travel push total cost of Pune-based company to Rs 1,215 crore in FY26, up from Rs 1,068 crore in FY25.
Even with higher loan provision, company revenue grows faster than cost. This efficiency mean company spend only Rs 0.77 to earn one rupee in FY26. Better margin makes net profit double to Rs 257 crore, compared to Rs 114 crore last year. Till March 31, 2026, company hold current asset worth Rs 4,837 crore, including Rs 490 crore cash and bank balance to support future loan.
"The pre-IPO financial performance reflects our focus on balancing risk management with scalable loan originations. By diversifying into distinct consumer needs like education and healthcare, the business has generated recurring fee revenue alongside consistent interest margins," a senior management official stated in relation to the public filing.
The upcoming public listing is structured to provide additional liquidity to capitalize the balance sheet as the organization looks to expand its alternative lending credit lines. The fresh capital injection will support institutional co-lending partnerships and asset liability management requirements.
About Company
Fibe is a non banking fintech platform that offers short term and long term personal loans, loans against mutual funds, and specialized financing solutions across healthcare, education, and solar rooftop sectors. Since its inception, the company has disbursed more than 9.8 million loans, with cumulative loan disbursements exceeding Rs 48,000 crore across India’s urban centers.
