Stellus Capital Investment

Q1 FY2026 EarningsQ2 FY2026 preliminary results were largely in-line with consensus on earnings, with NII per share estimated at $0.25–$0.27 vs. $0.258 expected. NAV per share of $12.76–$12.84 significantly exceeded the $12.53 consensus, driven by portfolio appreciation and accretive share buybacks. Despite a net portfolio contraction ($18M funded vs. $49M repaid), the company maintained strong asset quality with no new non-accruals and secured a third SBIC license to support future low-cost growth.