Event Type: The document contains the transcript of the Q2 FY27 Post Results Earnings Conference Call hosted by Equirus Securities.
Date and Time: The conference call was held on Thursday, October 15, 2026. The specific time and time zone were not disclosed in the provided transcript.
Purpose: The purpose of the call was to discuss the Q2 FY27 financial performance and business updates of Fedbank Financial Services Limited.
Earnings Timing: The meeting was held after the earnings announcement, as it is described as a "Post Results Earnings Call".
Management Participants:
Mr. Parvez Mulla – MD & CEO
Mr. C.V. Ganesh – CFO
Mr. Jagadeesh Rao – CBO-GL & ST LAP
Mr. Shardul Kadam – Chief Transformation Officer
Mr. K. Sureshkumar – CBO-MT LAP
Mr. Vikram Rathi – CRO
Mr. Lokesh Pareek – Head of Investor Relations
Availability of Materials: The transcript of the Earnings Conference Call was submitted to the stock exchanges and is also available on the company's website at https://www.fedfina.com/ under the 'Investor Relations' section. No presentation deck or recording availability was mentioned.
UPSI Statement: The company included standard forward-looking statement disclaimer: "some of the statements made on this call may be forward-looking in nature, including those related to our financial performance, business strategy and growth plans. These statements reflect our views as of today and may evolve with changing business and market dynamics."
Financial Period Discussed: The call focused on Q2 FY27 (Quarter ending September 2026) results and performance.
Forward-Looking Statements: Management reiterated their focus on consistent priorities: allocating capital to high-return businesses, growing secured book, scaling gold loans and LAP, growing core income, reducing reliance on direct assignment, transitioning to efficient cost structure, and maintaining credit cost below 1%. They provided guidance of 20-25% AUM growth for FY27 and target of achieving 3% ROA.
Additional Notes Section
Attachments: The submission mentions an enclosure ("Encl.: a/a") but no specific attachments were detailed in the provided text.
Financial Data Disclosure: Significant financial data was disclosed during the call including:
PAT of INR 130.8 crores (63% YoY growth)
ROA of 2.8% and ROE of 17%
AUM of INR 22,035 crores (37% YoY growth)
Gold loan AUM of INR 11,917 crores (77% YoY growth)
Mortgage AUM of INR 9,982 crores (13.5% YoY growth)
Credit cost of 0.6% of average assets
GNPA of 1.8% and NNPA of 1.2%
Capital adequacy of 21%
Operational Details: The call included detailed discussions on branch expansion (74 new branches in Q2, 150+ planned in H2), competitive intensity in gold loans, yield pressures, product strategies including Income Generation Loans, and portfolio quality trends.
