National Finance Company SAOG (NFCI) Earnings Call Transcripts

National Finance Company SAOG's Latest Earnings Call - March 29, 2026

In the fiscal year 2025, National Finance Company SAOG (NFCI:OM) reported a robust performance with a 19.5% increase in revenue and a 25.6% rise in net profit, reaching OMR 15.2 million. Management highlighted a strong market position, maintaining a 50% market share in the finance sector. The company also improved its net non-performing loans (NPL) ratio to 5.5%, indicating effective risk management. Guidance for 2026 remains optimistic, with management signaling continued growth and stability in their strategic plan.

Reported metrics

Guidance from management

Management maintained an optimistic outlook for 2026, indicating continued growth aligned with their strategic plan. Specific revenue targets were not disclosed.

What management said

Thank you, Tariq. Good afternoon, everyone. Looking at Slide #9. If you look at the 2 pie charts on the top, we are the largest finance company in the market and we continue dominate.

Actually financial perpetual bond is that there is no maturity for the perpetual bond but as a practice and to give a good confidence to the market what we are doing in the first call date that is from the 5 years after the issuance date, we are making repayments to the perpetual bondholders and we will redeem that bond. Our interest rate is 7.75%, which was issued in 2024. Any further questions?

What analysts pressed on

Analysts raised questions regarding the maturity and interest rate of the perpetual bonds issued. There were concerns about the sustainability of growth rates in a potentially volatile market environment.

Main topics on the call

• Strong Revenue and Profit Growth — NFCI achieved a revenue growth of 19.5% and a net profit increase of 25.6% in 2025, with net profit reaching OMR 15.2 million. CEO Tariq Al Farsi stated, "2025 was the first year of our 5-year strategic plan, and we are ...
• Market Share Dominance — The company maintains a commanding 50% market share in the finance sector, accounting for 56% of the sector's profitability. Rakesh Makkar emphasized, "We continue to dominate the market with 50% market share on the book...
• Improved Asset Quality — NFCI's net NPL ratio improved to 5.5%, indicating effective management of credit risk. Makkar noted, "Our NPL has come down consistently and our net NPA now is at 5.5%, which remains well controlled."
• Increased Provisions for Impairment — The company increased its provisions for impairment of lease receivables from OMR 4.6 million to OMR 9.4 million, a 100% growth. This move aligns with their commitment to shareholder confidence, as stated by Makkar, "We ...

Read the full National Finance Company SAOG transcript (March 29, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 National Finance Company SAOG earnings call transcripts on record, spanning March 25, 2025 to July 30, 2026. Based on this history, National Finance Company SAOG reports semi-annually. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NFCI

Exchange

MSM

Country

OM

Sector

Financials

Industry

Consumer Finance

Calls on record

4

First call

March 25, 2025

Most recent

July 30, 2026

Reporting cadence

semi-annually