Financial Performance Highlights

Profitability Metrics:

  • Profit After Tax: ₹41 crores in Q1FY27, showing 29% YoY growth from ₹32 crores in Q1FY26
  • Net Interest Income: ₹134 crores in Q1FY27, showing 22% YoY growth from ₹110 crores in Q1FY26
  • Non-Interest Income: ₹26 crores in Q1FY27, showing 11% YoY growth from ₹23 crores in Q1FY26
  • Pre-Provision Operating Profit: ₹65 crores in Q1FY27, showing 23% YoY growth from ₹53 crores in Q1FY26
  • Provisions & Contingencies: ₹23 crores in Q1FY27, showing 15% YoY increase from ₹20 crores in Q1FY26
  • Basic EPS: ₹9.1 (non-annualized) for Q1FY27 compared to ₹7.1 in Q1FY26

Balance Sheet Growth:

  • Total Deposits: ₹10,596 crores as of June 2026, showing 16% YoY growth from ₹9,110 crores
  • Advances: ₹8,952 crores as of June 2026, showing 22% YoY growth from ₹7,334 crores
  • Shareholder's Funds: ₹1,488 crores as of June 2026, showing 8% YoY growth from ₹1,376 crores
  • Total Assets: ₹12,949 crores as of June 2026, showing 17% YoY growth from ₹11,113 crores

Key Ratios:

  • Net Interest Margin: 4.21% in Q1FY27 (vs 4.06% in Q4FY26 and Q1FY26)
  • Return on Assets: 1.30% in Q1FY27 (vs 1.18% in Q1FY26 and 1.33% in Q4FY26)
  • Return on Equity: 11.20% in Q1FY27 (vs 9.43% in Q1FY26 and 11.44% in Q4FY26)
  • Cost to Income Ratio: 59.5% in Q1FY27 (vs 60.6% in Q1FY26 and 58.2% in Q4FY26)
  • CASA Ratio: 36.7% with average CASA at 35.3% for Q1FY27
  • Cost of Deposits: 5.60% in Q1FY27 (declined from 5.75% in Q4FY26)
  • CD Ratio (Outstanding): 85.6% in Q1FY27 (vs 81.6% in Q1FY26)

Asset Quality Metrics

  • Gross NPA: 2.47% as of June 2026 (improved from 2.54% in Q4FY26 and 2.75% in June 2025)
  • Net NPA: 1.14% as of June 2026 (improved from 1.24% in Q4FY26 and 1.39% in June 2025)
  • Provision Coverage Ratio: 54.51% in Q1FY27 (improved from 51.89% in Q4FY26)
  • Credit Cost: 0.31% in Q1FY27
  • Slippage Ratio: 1.17% gross and 0.19% net in Q1FY27
  • Write-offs: ₹0.05 crores in Q1FY27 (negligible)
  • 97.4% of advances are secured with zero direct microfinance exposure

Business Growth Drivers

  • Total disbursement: ₹1,009 crores in Q1FY27, showing 17% YoY growth from ₹865 crores
  • MSME/Business segment grew 11% QoQ and 49% YoY, being the key growth driver
  • Share of advances from other than Home State increased to 25% from 23% in Q1FY26
  • Average Ticket Size: ₹19.04 lakhs in Q1FY27 (₹16.59 lakhs in Q1FY26)

Capital Adequacy

  • CRAR: 21.6% as of June 2026 (vs 22.3% as of March 2026)
  • Core CRAR: Not specifically quantified but implied as strong

Branch Network & Geographic Presence

  • Total branches: 216 across 5 states and 2 union territories
  • Geographic distribution: 40% rural, 38% semi-urban, 22% urban (including metro)
  • Expansion focus on Haryana and contiguous states with deep penetration in existing markets

Management & Governance

  • MD & CEO: Sarvjit Singh Samra with 38+ years of experience
  • Executive Director: Munish Jain with 25+ years of experience
  • Seasoned board with 10 directors including independent directors with banking expertise
  • Professional leadership team across risk, compliance, finance, and operations

Digital Transformation

  • Share of digital transactions in non-cash transactions: 91% in Q1FY27
  • Focus on personalized data-driven processes and seamless digital customer experiences

Historical Performance Context

  • PAT CAGR of 26%+ from FY16-FY26
  • Advances CAGR of 22%+ from FY16-FY26
  • Deposits CAGR of 19%+ from FY16-FY26
  • Book value per share: ₹327.35 as of June 2026

Forward Looking Statements

Presentation contains forward-looking statements subject to risks including fluctuations in earnings, growth management, competition, economic conditions, regulatory changes, and interest rate environment. The company does not undertake to update these statements.