‘Sundaram 75’ strategic roadmap includes diversification into other secured products such as gold loans, accelerating used vehicle financing, increasing financing to micro, small and medium enterprises and geographic expansion beyond South, according to SFL’s Managing Director, Rajiv Lochan.
He said the company had evaluated the gold loan business and would take it to company’s board for approval.
Lochan said that used vehicle financing was as an important growth opportunity for SFL, where the disbursals could move up from the current 25 per cent. Tractor financing and MSME would also be greater focus areas, he added.
SFL’s FY2026 net profit grew 19 per cent to Rs 1,834 crore last year, driven by record high disbursement growth in the second-half of FY2026 amid GST rationalisation which drove vehicle sales.
Disbursements grew 14 per cent to Rs 32,321 crore in FY2026, mainly driven by a 17 per cent growth in the fourth quarter. SFL remains optimistic about India’ macroeconomic fundamentals and is confident of delivering sustainable profit growth even while noting that the uncertainties due to geopolitical challenges are a key monitorable.
Established in 1954, SFL is focused on providing financing for commercial vehicles, cars and utility vehicles, tractors and farm equipment, construction equipment, small and medium enterprise finance among others.
SFL is a part of Trichur Santhanam Family (TSF) Group, which comprises the T.S. Santhanam branch of the erstwhile TVS group.