Date: July 6, 2026
Business Update - Q1FY27
Financial Performance
- Assets Under Management (AUM): Consolidated AUM reached ~₹16,000 crores, Standalone AUM at ~₹13,400 crores
- Disbursements: Total disbursements of ₹3,453 crores in Q1FY27, demonstrating 54% YoY growth
- Non-MFI Share: Increased to 19% in Q1FY27 from 14% in Q1FY26
- Credit Cost: Improved to 2.5%-3.0% range in Q1FY27 against guidance of 3.0%-3.5% for the year, compared to 6.0% in Q1FY26
- GNPA: Improved to 2.0%-2.5% in Q1FY27 from 3.7% in Q1FY26
- Collection Efficiency: X-Bucket Collection Efficiency stood at ~99.9% for Q1FY27
Operational Expansion
- Branch Network: 53 new branches added in Q1FY27, expanding standalone network to 1,867 branches
- Consolidated Branches: Total branches at consolidated level stand at 2,045
- Geographic Expansion: Strategic entry into Kerala in June 2026, strengthening South India presence across Tamil Nadu, Karnataka, Andhra Pradesh & Telangana
Liquidity & Capital Position
- Debt Raising: Raised ~₹3,000 crores via diversified debt instruments
- Sub Debt: Additional sub debt of ₹285 crores augmenting CRAR
- Borrowing Cost: Marginal Cost of Borrowing reduced by 37 bps YoY
- Promoter Infusion: Promoter agreed to infuse ₹100 crores Equity Share Capital at ~17% premium to minimum issue price as per SEBI Regulations
- Shareholder Approval: Received approval from shareholders with 99% voting in favor of the resolution
Customer & Employee Base
- New Borrowers: ~2.2 lakhs new borrowers added in Q1FY27
- Total Client Base: Expanded to 32.6 lakhs clients
- Employee Strength: Team strength reaches 16,560, registering 11% YoY Growth
Notes & Disclosures
- Numbers are provisional and unaudited
- Numbers are subject to review by statutory auditors and approval by audit committee and board of directors
- Disclosure made pursuant to Regulation 30 of SEBI Listing Regulations