Key Decisions and Approvals

The Board of Directors, in its meeting held on July 24, 2026 (commencing at 1:30 PM and concluding at 5:45 PM IST), approved the following:

1. Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026

2. Proposal for raising funds through Public Issue of Non-Convertible Debentures (NCDs) in the domestic market up to ₹2,000 crore (₹2,000,00,00,000) in different tranches

3. Issuance of non-convertible securities including debentures of various types (listed/unlisted, secured/unsecured, subordinated, fixed rate, floating rate, zero coupon) on a private placement basis up to an aggregate limit of ₹1,000 crore (₹1,000,00,00,000) in one or more tranches

Financial Performance (Standalone) - Quarter Ended June 30, 2026

Income Statement Highlights (₹ in crore):

  • Total Revenue from Operations: ₹1,783.49 (vs. ₹1,462.89 in Q1 FY26)
  • Interest Income: ₹1,714.11 (vs. ₹1,388.14)
  • Fees and Commission: ₹34.50 (vs. ₹26.22)
  • Net Gain on Fair Value Changes: ₹21.63 (vs. ₹9.28)
  • Bad Debt Recovery: ₹13.32 (vs. ₹8.26)
  • Net Loss on Derecognition: ₹(0.07) (vs. Gain of ₹30.99)
  • Other Income: ₹0.92 (vs. ₹0.74)
  • Total Income: ₹1,784.41 (vs. ₹1,463.63)
  • Total Expenses: ₹1,124.38 (vs. ₹1,382.51)
  • Finance Costs: ₹550.05 (vs. ₹482.16)
  • Fee and Commission Expense: ₹0.57 (vs. ₹0.97)
  • Impairment on Financial Instruments: ₹212.50 (vs. ₹571.85)
  • Employee Benefit Expenses: ₹242.02 (vs. ₹221.21)
  • Depreciation and Amortization: ₹16.21 (vs. ₹15.22)
  • Other Expenses: ₹103.03 (vs. ₹91.10)
  • Profit Before Tax: ₹660.03 (vs. ₹81.12)
  • Tax Expense: ₹166.64 (vs. ₹20.93)
  • Current Tax: ₹132.13 (vs. ₹0.04)
  • Deferred Tax: ₹34.51 (vs. ₹20.89)
  • Profit for the Period: ₹493.39 (vs. ₹60.19)
  • Other Comprehensive Loss: ₹(0.29) (vs. ₹(2.79))
  • Total Comprehensive Income: ₹493.10 (vs. ₹57.40)

Key Metrics:

  • Paid-up Equity Share Capital: ₹160.26 crore (Face value ₹10 each)
  • Earnings Per Share (EPS):
  • Basic: ₹30.79 (vs. ₹3.77 in Q1 FY26)
  • Diluted: ₹30.65 (vs. ₹3.76 in Q1 FY26)

Financial Performance (Consolidated) - Quarter Ended June 30, 2026

The consolidated results include CreditAccess Grameen Limited and its subsidiary CreditAccess India Foundation (100% shareholding).

Income Statement Highlights (₹ in crore):

  • Total Revenue from Operations: ₹1,783.49
  • Other Income: ₹0.92
  • Total Income: ₹1,784.41
  • Total Expenses: ₹1,124.38
  • Profit Before Tax: ₹660.03
  • Tax Expense: ₹166.64
  • Profit for the Period: ₹493.39
  • Other Comprehensive Loss: ₹(0.29)
  • Total Comprehensive Income: ₹493.10
  • EPS: Basic ₹30.79, Diluted ₹30.65

The subsidiary, CreditAccess India Foundation, contributed total income of ₹4.51 crore and net profit of ₹0.91 crore for the quarter.

Regulatory and Compliance Disclosures

Annexure 1 (Regulation 52(4) Compliance):

  • Net Worth: ₹8,270.20 crore
  • Net Profit After Tax: ₹493.39 crore
  • Debt-to-Equity Ratio: 3.04
  • Total Debts to Total Assets: 0.74
  • Net Profit Margin: 27.66%
  • Gross Stage III (%): 2.18%
  • Net Stage III (%): 0.76%
  • Provision Coverage: 65.36%
  • CRAR (Total): 24.87%
  • Liquidity Coverage Ratio (LCR): 188.69%

Annexure 2 (Regulation 54(2) Compliance):

  • Security cover for listed Non-Convertible Debentures as of June 30, 2026: 1.11 times of principal and interest
  • Secured by exclusive charge on standard receivables (Loans) of the Company

Fund Raising Details (Regulation 30):

Public Issue of NCDs (up to ₹2,000 crore):

  • Size: To be determined
  • Listing: To be determined
  • Tenure: To be determined
  • Coupon/Interest: To be determined
  • Security: To be determined

Private Placement of NCDs (up to ₹1,000 crore):

  • Type: Non-Convertible Debentures
  • Issuance: Private Placement
  • Size: One or more issuances
  • Listing: To be determined
  • Tenure: To be determined
  • Coupon/Interest: To be determined
  • Security: To be determined

Additional Operational Disclosures

  • The Company operates in a single business segment (lending to borrowers) and single geographical segment (domestic)
  • During the quarter, the Company allotted 63,502 equity shares (vs. 20,638 in Q1 FY25) on exercise of ESOPs
  • No loans were transferred or acquired during the quarter under RBI's Transfer of Loan Exposures framework
  • 68,813 accounts with resolution plans implemented, with exposure of ₹199.70 crore as of June 30, 2026