Key Financial Highlights - H1 FY27 vs H1 FY26
AUM and Growth Metrics:
- Assets Under Management reached ₹1,039.35 crore as of September 30, 2026, up 35.43% YoY from ₹767.46 crore
- Disbursements (own books) grew 22.18% YoY to ₹205.10 crore from ₹167.87 crore
- Interest Income increased 30.92% YoY to ₹84.80 crore from ₹64.77 crore
- Net Interest Income rose 18.45% YoY to ₹47.77 crore from ₹40.33 crore
- Profit After Tax grew 19.48% YoY to ₹23.49 crore from ₹19.66 crore
- Earnings Per Share increased 17.39% YoY to ₹0.54 from ₹0.46
Profitability and Efficiency Ratios:
- Net Interest Margin remained at 11.48% (annualised) for H1 FY27
- Return on Assets (RoAA) at 4.68%
- Return on Equity (RoAE) at 10.45% (annualised)
- Average Cost of Borrowing decreased to 13.23% from 14.15% (92 bps reduction)
- Credit Cost improved to 0.40% from 0.61% (21 bps reduction)
Asset Quality Indicators:
- Gross NPA improved to 2.88% from 2.96% (8 bps improvement)
- Net NPA improved to 1.39% from 1.43% (4 bps improvement)
- Provision Coverage Ratio stood at 51.74%
Capital Adequacy:
- Capital Adequacy Ratio (CRAR) at 44.95% (Tier I: 44.15%)
- CRAR decreased by 671 bps from 51.66% in H1 FY26
- Capital adequacy remains nearly three times the regulatory minimum of 15%
Quarterly Performance - Q2 FY27 vs Q1 FY27 and Q2 FY26
Quarter-over-Quarter Comparison (Q2 FY27 vs Q1 FY27):
- AUM increased 7.70% to ₹1,039.35 crore from ₹965.07 crore
- Disbursements surged 43.88% to ₹121.00 crore from ₹84.10 crore
- Interest Income grew 6.48% to ₹43.73 crore from ₹41.07 crore
- Net Interest Income increased 2.67% to ₹24.19 crore from ₹23.57 crore
- Profit After Tax rose 3.03% to ₹11.93 crore from ₹11.57 crore
- Gross NPA improved by 3 bps to 2.88% from 2.91%
- Net NPA improved by 2 bps to 1.39% from 1.41%
Year-over-Year Comparison (Q2 FY27 vs Q2 FY26):
- AUM increased 35.43% from ₹767.46 crore
- Disbursements grew 24.14% from ₹97.47 crore
- Interest Income increased 30.94% from ₹34.16 crore
- Net Interest Income rose 14.92% from ₹21.05 crore
- Profit After Tax grew 18.82% from ₹10.04 crore
- Gross NPA improved by 8 bps from 2.96%
- Net NPA improved by 4 bps from 1.43%
Management Commentary
Mr. Akash Jain, Chief Executive Officer, provided the following insights:
Performance Drivers:
- AUM crossed ₹1,000 crore milestone with 35% YoY growth, exceeding NBFC sector growth expectations of ~20%
- Q2 disbursements increased 44% QoQ driven by pre-festive demand for vehicle and MSME credit in rural and semi-urban markets
- Growth achieved without compromising asset quality standards
Market Outlook and Strategy:
- Expects strong second half performance due to seasonal factors including Dhanteras, Diwali, wedding season, and kharif harvest cash flows
- Well positioned through Akme GreenX to finance electric two-wheelers, clean mobility, and rooftop solar
- Insurance partnership adds fee income and customer value
- Will remain watchful of stress in small-ticket MSME lending and impact of high fuel prices on transport operators
- Committed to prioritizing asset quality over volume growth
- Investing in technology to improve turnaround times, collections, and customer experience
Company Background
Akme Fintrade (India) Limited ("Aasaan Loans") is an RBI-registered, non-deposit-taking NBFC listed on BSE and NSE. Incorporated in 1996 and headquartered in Udaipur, Rajasthan, the company provides:
- Vehicle finance covering used commercial vehicles, new and used two-wheelers, and electric vehicles
- MSME/business loans for working-capital and growth needs of small enterprises
- Focus on rural and semi-urban markets underserved by formal credit