Auxilo Revenue Rises 28% to Rs 676 Crore in FY26, Profit Reaches Rs 117 Crore
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Khushi Jain
- September 22, 2026
Education-focused NBFC Auxilo reported 28% year-on-year growth in revenue in FY26 after crossing Rs 500 crore in FY25. However, its net profit remained largely stable at Rs 117 crore as higher finance and employee costs weighed on profitability.
Auxilo’s revenue from operations rose to Rs 676 crore in FY26 from Rs 528 crore in FY25, according to its consolidated financial statements filed with the Registrar of Companies (RoC).
The Mumbai-based NBFC provides education loans to students pursuing higher studies in India and abroad. Its offerings cover tuition fees, pre-visa expenses, travel and other education-related costs.
Interest income remained Auxilo’s primary revenue source, contributing Rs 610 crore in FY26, up 28% from Rs 477.5 crore in FY25. However, fees and commission income declined 13% to Rs 32.4 crore during the year.
The company also recorded Rs 21.3 crore in net gains from fair value changes and Rs 14 crore from non-operating activities. This took its total income to Rs 690 crore in FY26, compared with Rs 544 crore in FY25.
Expenses and Profitability
Finance costs accounted for Auxilo’s largest expenditure, rising 36% to Rs 384.7 crore in FY26 from Rs 282.2 crore in FY25.
Employee benefit expenses also increased 47% to Rs 82.5 crore during the year.
Other expenses, including IT expenses, advertising, business sourcing, and legal and professional expenses, contributed to a 35% increase in Auxilo’s total expenditure to Rs 533 crore in FY26 from Rs 394 crore in the previous fiscal year.
Despite the increase in operating revenue, higher finance and employee costs weighed on profitability. Auxilo’s profit after tax increased marginally to Rs 117 crore in FY26 from Rs 112 crore in FY25.
The company held cash and bank balances of Rs 412 crore at the end of FY26, compared with Rs 544 crore a year earlier.
Funding and Competition
The Mumbai-based firm has raised over $200 million in equity and debt to date from Tata Capital, Balrampur Chini Mills, ICICI Bank, and others.
Auxilo competes with education financing players such as Avanse Financial, Grayquest, Propelld, Financepeer and Leap Finance.
FAQs
1. What was Auxilo’s revenue from operations in FY26?
Auxilo’s revenue from operations rose to Rs 676 crore in FY26 from Rs 528 crore in FY25.
2. What was Auxilo’s profit after tax in FY26?
Auxilo’s profit after tax increased to Rs 117 crore in FY26 from Rs 112 crore in FY25.
3. What was Auxilo’s primary source of revenue in FY26?
Interest income was Auxilo’s primary revenue source, contributing Rs 610 crore in FY26.
4. How much has Auxilo raised in equity and debt?
Auxilo has raised over $200 million in equity and debt to date.
5. Who are Auxilo’s competitors?
Auxilo competes with Avanse Financial, Grayquest, Propelld, Financepeer and Leap Finance.
