Company Disclosure

Financial Results Overview

The Board of Directors approved the financial results for the quarter and half year ending September 30, 2026, in their meeting held on October 09, 2026.

Half Year Performance (H1 FY27 vs H1 FY26):

  • Net Profit: ₹543 crores (vs ₹475 crores), showing 14% growth
  • Profit Before Tax: ₹686 crores (vs ₹609 crores), showing 13% growth
  • Loan Assets: ₹43,539 crores (vs ₹39,657 crores), showing 10% growth

Key Financial Ratios:

  • Spread: 2.80% (vs 2.79%)
  • Net Interest Margin: 3.88% (vs 3.83%)
  • Return on Assets (ROA): 2.39% (vs 2.32%)
  • Return on Equity (ROE): 16.91% (vs 17.40%)
  • Debt to Equity Ratio: 6.09 (vs 6.61)

Loan Portfolio Details

As of September 2026, the loan portfolio stood at ₹43,539 crores, representing a 10% increase from ₹39,657 crores in September 2025.

Portfolio Composition:

  • Housing Loans (including CRE): 83% of total loan book
  • Non-Housing Loans: 17% of total loan book

Lending Operations

Loan Disbursements:

For the half year ended September 30, 2026, loan disbursements stood at ₹4,982 crores compared to ₹4,560 crores in the corresponding previous period, reflecting 9% Year-on-Year growth.

Provisions and Credit Losses

As per Ind AS 109 requirements, the company carries provisions for expected credit losses:

  • Required ECL provision: ₹417 crores
  • Total provisions carried: ₹525 crores
  • Includes ₹59 crores as management overlay
  • Includes ₹49 crores under provision for restructured accounts

Liquidity Position

Liquidity Coverage Ratio: 291.24% as of September 30, 2026 (against stipulated ratio of 100%)

Undrawn Bank Lines: ₹2,571 crores as of September 30, 2026, which along with internal accruals will cover business commitments for the next 3 months.

Deposits

Deposit Portfolio: ₹239 crores

Deposit Features:

  • 7.50% interest rate for 36-month Cumulative Deposits
  • Senior citizens earn additional 0.25% interest
  • Fixed Deposit program rated "AAA" by ICRA with Stable Outlook

Credit Ratings:

  • Short-term borrowings (Commercial Papers): Rated "A1+" by CARE and ICRA
  • Long-Term Debt and Subordinate Debt Instruments: Rated "AAA stable" by CARE and ICRA

Network Expansion

The company has geographical presence across India with 274 Branches/Offices spanning 21 States/Union Territories.

Technology Development

Project TETAS (technology transformation) has achieved full implementation with all functional applications, technical solutions, infrastructure services, and security services now fully live across the organization.

Key Features:

  • Enterprise-grade cloud infrastructure
  • Modern business applications including core LOS, LMS, HRMS, Risk, Deposits, and Document Management
  • Advanced security services with 24/7 threat monitoring, data leak safeguards, and strict access controls
  • Embedded AI capabilities for future integration
  • Full regulatory compliance adherence