Supra Pacific's Ambitious ₹1,000 Crore AUM Target by 2027

Supra Pacific Financial Services Limited aims to reach a ₹1,000 crore AUM by 2027, marking over 100% growth. With plans to secure a corporate agency license and expand branches, the NBFC seeks to strengthen its India-wide presence and enter the insurance sector, boosting profitability and stakeholder value.

VMPL Kochi (Kerala) [India], August 4: Supra Pacific Financial Services Limited, a Non-Banking Finance Company listed on the Bombay Stock Exchange, has unveiled an ambitious growth strategy targeting an Assets Under Management (AUM) of ₹1,000 crore by March 2027.

Over the past three years, the company has shown impressive growth exceeding 100%, with its profitability surpassing industry standards. Supra Pacific is reinforcing its status as a reliable financial service provider focused on sustainable, customer-centric growth. The company plans to diversify its offerings by venturing into the insurance sector with a corporate agency license, a strategic move that is expected to boost profitability and create value for stakeholders.

Mr. Joby George, Promoter and Managing Director, laid out a strategic growth roadmap highlighting expansion plans. The company's branch network will increase to 185 locations across seven states by 2027 from its current operations in four states. This expansion aligns with its vision to enhance its pan-India presence and customer base. Mr. George stated, "Our objective is to establish Supra Pacific as a leading entity in the NBFC sector with a strong presence across these seven states, aiming for a ₹1,000 crore AUM by 2027. Our entry into the insurance market is anticipated to provide significant value to our customers, employees, and shareholders."

(With inputs from agencies.)