💰 Financial Performance

Credit Rating & Borrowing

The company is issuing unrated, unlisted Non-Convertible Debentures (NCDs) with a total value of INR 30 Cr. Borrowing costs range from 11.00% to 12.25% depending on tenure and payment frequency. These high interest rates reflect the unrated nature of the instruments, increasing the company's cost of capital which necessitates higher lending yields to maintain margins.

⚙️ Operational Drivers

Raw Materials

Not applicable as the company operates in the financial services sector.

Import Sources

Not applicable.

Key Suppliers

Not applicable.

Raw Material Costs

Not applicable.

Manufacturing Efficiency

Not applicable.

Logistics & Distribution

Not applicable.

📈 Strategic Growth

Growth Strategy

The company is raising INR 30 Cr through a private placement of NCDs to fund its business operations and prospects. This capital injection is intended to expand the loan book across different tenures (2, 5, and 6 years), allowing the company to scale its interest-earning assets and leverage its current asset base.

Products & Services

Financial services including the issuance of secured Non-Convertible Debentures (NCDs) and lending operations.

Brand Portfolio

Supra Pacific Financial Services Limited.

New Products/Services

Introduction of a 6-year 'doubling scheme' NCD with an effective interest rate of 12.25%, designed to attract long-term retail/private capital.

🌍 External Factors

Industry Trends

The NBFC sector is increasingly relying on private placements of NCDs to diversify funding sources away from traditional bank credit. Supra Pacific is positioning itself by offering high-yield (11-12.25%) unlisted instruments to capture niche private placement demand.

Competitive Landscape

Competes with other small-to-mid-sized NBFCs for private placement capital and lending market share.

Competitive Moat

The company's advantage lies in its ability to raise flexible, long-term capital (up to 6 years) through private placements, though the 'unrated' status suggests a lack of a traditional credit-rating-based moat, making it reliant on high-yield offerings to sustain investor interest.

Macro Economic Sensitivity

Highly sensitive to interest rate cycles; a 1% increase in benchmark rates could significantly increase the cost of future refinancing for the INR 30 Cr debt portfolio.

Consumer Behavior

Investor preference for 'doubling schemes' (6-year tenure) indicates a demand for long-term wealth accumulation products in the fixed-income space.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 regarding the disclosure of material events like the INR 30 Cr NCD issuance.

Legal Contingencies

The company reports 'Nil' for delays in payment of interest or principal and 'Nil' for any letters or comments regarding non-payment of security-related matters.

⚠️ Risk Analysis

Key Uncertainties

The primary risk is the 'unrated' and 'unlisted' nature of the INR 30 Cr NCDs, which may limit liquidity for investors and indicates a higher risk profile for the issuer. A default in the underlying current assets could lead to a 100% loss of security for the debenture holders.

Third Party Dependencies

Dependency on private placement investors to subscribe to the 3,00,000 NCD units to meet the INR 30 Cr funding goal.

Credit & Counterparty Risk

The company faces credit risk on its current assets, which serve as the primary security for the INR 30 Cr borrowing.