Auxilo Achieves Remarkable Growth with Education Loans

Auxilo, an education-focused non-banking financial company (NBFC), has recorded outstanding results in FY25, surpassing Rs 500 crore in revenue and exceeding Rs 100 crore in profit after tax (PAT) following a successful doubling of its revenue in FY24. According to its annual financial statements obtained from the Registrar of Companies, Auxilo’s revenue from operations increased by 48.3% to reach Rs 528 crore in FY25, up from Rs 356 crore in FY24.

Comprehensive Education Loan Solutions

Based in Mumbai, this NBFC offers education loans to students pursuing higher education both within India and overseas. Auxilo’s services encompass the entire educational cost spectrum, which includes tuition fees, pre-visa expenses, travel, and other related costs.

Strong Interest Income

Interest income constituted the majority of Auxilo’s business, representing 90.5% of total operating revenue and climbing 49.4% to Rs 478 crore in FY25. Additionally, fees, commissions, and other sources of operating income amounted to Rs 50 crore during this period. With other income at Rs 16 crore, Auxilo’s total revenue for FY25 reached Rs 544 crore.

Expenditure Overview

On the expenditure front, interest costs comprised 71.5% of total expenses, rising in line with disbursements to Rs 282 crore in FY25. Employee benefits were recorded at Rs 56 crore, whereas total costs rose to Rs 394 crore in FY25, in comparison to Rs 275 crore in FY24.

Profitability and Efficiency

Auxilo maintained a controlled cost structure, which facilitated a 62.3% increase in PAT to Rs 112 crore in FY25, up from Rs 69 crore in FY24. The company’s expense-to-revenue ratio also improved to 0.75 in FY25.

Investment and Competition

Earlier this year, Auxilo secured Rs 50 crore from Motilal Oswal. Since its establishment, Auxilo has raised over $100 million through equity and debt financing. The company faces competition from other well-capitalised education financing entities such as Grayquest, Avanse Financial, Financepeer, Propelld, Leap Finance, and Eduvanz.