Date: October 08, 2026

Key Business Update for Quarter Ended September 30, 2026

Assets under Management (AUM)

  • AUM stood at Rs. 15,323 crore as of September 30, 2026
  • Registered 22.0% YoY growth over September 30, 2025
  • 23.9% QoQ (annualized) growth compared to June 30, 2026
  • Reflects continued portfolio expansion

Portfolio Diversification

  • JLG and Non-JLG mix improved to 69:31 as of September 30, 2026 from 83:17 as of March 31, 2026
  • Small and Micro Enterprise Individual Loan (IL) portfolio increased to Rs. 4,164 crore
  • IL portfolio maintains near-zero delinquency
  • Disbursed gold loans under referral and co-lending model with parent company Muthoot Fincorp Limited
  • Muthoot Fincorp Limited disbursed Rs. 453 crore during the quarter
  • Further strengthens secured lending portfolio

Disbursement

  • Disbursements during Q2 FY27 stood at Rs. 2,900 crore
  • Registered 28% YoY growth over Q2 FY26
  • 10% QoQ growth compared to Q1 FY27

Asset Quality

  • Collection Efficiency (CE) stood at 98.11% in Q2 FY27
  • Improved by 477 bps over Q2 FY26
  • X-Bucket CE excluding advances stood at 99.9%
  • Reflects sustained collection discipline and portfolio resilience

Funds Raised

  • Maintained robust liquidity of Rs. 1,701 crore as of September 30, 2026
  • Unavailed sanctioned credit lines amounting to Rs. 4,328 crore
  • Provides adequate financial flexibility to support future business growth
  • Raised total of Rs. 3,213 crore during Q2 FY27
  • Overall borrowing for the half year reached Rs. 5,946 crore
  • Cost of funds declined to 9.93% during the quarter (entering single-digit territory for the first time)
  • Reduction of 20 bps from 10.13% in previous quarter
  • Incremental cost of funds stood at 9.69% vs 9.80% in Q1 FY27, improving 11 bps QoQ

Network and Customer Franchise

  • Operated 1,675 branches as of September 30, 2026
  • Served 32 lakh active customers
  • Strengthened presence across existing and recently entered markets including Telangana, Andhra Pradesh and Assam
  • Leveraging branch network to support diversified product offerings

Digital Initiatives

  • Cumulative downloads of Mahila Mitra app reached 22 lakhs
  • Digital collections increased to 47% in Q2 FY27 from 25% in Q2 FY26 and 40% in Q1 FY26
  • Reflects continued adoption of digital payment channels and enhanced customer engagement

Disclosure Status

  • Financial and operating information based on provisional unaudited numbers
  • Subject to review by Statutory Auditors of the Company
  • Subject to approval by Audit Committee and Board of Directors