Mantra Capital Limited Reports Explosive Growth for FY26; AUM Hits ₹110 Crore

Mantra Capital Limited (formerly Savani Financials Limited), a BSE-listed Non-Banking Financial Company (NBFC), has released a comprehensive business update for the quarter and year ended March 31, 2026. The report highlights a transformative year for the company, characterized by rapid geographical expansion and a significant surge in its loan portfolio.

Specializing in credit solutions for entrepreneurs in general trade and the logistics economy, Mantra Capital has successfully pivoted toward a high-growth trajectory following its rebranding and capital infusion.

Exponential Growth in Assets Under Management (AUM)

The company's growth over the last 18 months showcases an aggressive scale-up strategy. From a base of just ₹1 crore in September 2024, the Total AUM has surged to ₹110 crore as of March 2026.

September 2024: ₹1 Crore

March 2025: ₹26 Crore

September 2025: ₹66 Crore

March 2026: ₹110 Crore


Parallel to the AUM growth, the company crossed a major milestone in total loan disbursements, reaching ₹122 crore by the end of the 2026 fiscal year.

Operational Footprint and Customer Reach

Mantra Capital has rapidly built a physical and human infrastructure to support its lending operations, focusing heavily on South India and the Delhi NCR region:

Branch Network: Expanded to 19 branches across Karnataka (6), Telangana (5), Andhra Pradesh (7), and Delhi NCR (1).

Borrower Base: Successfully crossed the 2,500 borrowers mark.

Human Capital: The employee base has grown to 176, with a direct customer-facing team of 69 professionals.

Strategic Partnerships: The company has secured 11 key partnerships, including major OEMs and financial institutions like Mahindra, Euler Electric, and AU Small Finance Bank.

Product Strategy: Focus on Secured Lending

A core pillar of Mantra Capital's strategy is its 100% Secured Loan Portfolio. The company has diversified its offerings into three primary segments:

Secured Business Loans: Catering to general trade and entrepreneur-led businesses.

Secured Green Loans: Focusing on the rising logistics and mobility economy (electric vehicles).

Co-Lending: Collaborative arrangements, including a partnership with Singularity.

Key Milestones in FY 2025-26

The past year was marked by several regulatory and strategic breakthroughs:

July 2025: Received RBI approval for the name change to Mantra Capital Limited.

August 2025: Onboarded AU Small Finance Bank as its first bank partner.

September 2025: Signed a tie-up for secured green loans with Euler Electric.

February 2026: Officially crossed the ₹100 crore AUM threshold.

The company is led by a seasoned executive team, including Managing Director Deepa Tracy, a first-generation entrepreneur, and CEO Jatinder Shah, who brings over 25 years of experience from institutions like ICICI Bank and ABN AMRO. The operating leadership consists of veterans from Citigroup, Deloitte, and American Express, providing a "strategic edge" in risk-calibrated growth and digital transformation.

With a robust capital base of ₹50 crore infused by new promoters in May 2024, Mantra Capital enters the FY27 fiscal year with a fully secured portfolio and a clear roadmap for further expansion into India's credit-starved entrepreneurial sectors.

Shares of SAVANI FINANCIALS LTD. was last trading in BSE at Rs. 14.92 as compared to the previous close of Rs. 14.05. The total number of shares traded during the day was 9536 in over 43 trades.

The stock hit an intraday high of Rs. 15.47 and intraday low of 13.75. The net turnover during the day was Rs. 139964.00.

Source : Equity Bulls

Keywords

MantraCapital SAVANIFINANCIALS INE304E01010 NBFC Q4FY26 FY2026 ResultUpdate