Fedbank Financial Services – Investor Presentation Summary

Key Operational Highlights

  • AUM grew 36.6% YoY to ₹22,035 Cr in Q2 FY27 from ₹16,136 Cr in Q2 FY26.
  • Disbursals increased by 28.3% YoY to ₹6,676 Cr in Q2 FY27 from ₹5,205 Cr in Q2 FY26.
  • Gold Loan AUM grew 77.0% YoY to ₹11,917 Cr, with a net growth of ₹726 Cr in the quarter.
  • Mortgage AUM grew 13.5% YoY to ₹9,982 Cr.
  • Commissioned 74 new branches in Q2 FY27, bringing total footprint to 831 branches across 18 states and UTs.
  • Employee count increased 21.0% YoY to 5,920 employees.

Segment-wise Performance

  • Gold Loans: AUM of ₹11,917 Cr (54.1% of total), Average Ticket Size ₹2.3 Lakh, Disbursement ₹5,822 Cr, Origination Yield 17.7%, Average LTV 72.1%.
  • Medium Ticket LAP: AUM of ₹6,059 Cr (27.5% of total), Average Ticket Size ₹70.8 Lakh, Disbursement ₹645 Cr, Origination Yield 12.0%, Average LTV 51.2%.
  • Small Ticket LAP and HL: AUM of ₹3,922 Cr (17.8% of total), Average Ticket Size ₹16.6 Lakh, Disbursement ₹210 Cr, Origination Yield 14.9%, Average LTV 54.3%.
  • Business Loan: AUM of ₹135 Cr, with ₹886 Cr assigned and derecognized.

Financial Highlights

  • Net Interest Income: ₹403.7 Cr for Q2 FY27, up 37.4% YoY.
  • Operating Profit: ₹205.1 Cr for Q2 FY27, up 47.5% YoY.
  • PAT: ₹130.8 Cr for Q2 FY27, up 63.1% YoY.
  • RoA: 2.8% for Q2 FY27 (43 bps YoY improvement).
  • RoE: 17.0% for Q2 FY27 (496 bps YoY improvement).
  • Cost to Income: 52.5% for Q2 FY27 (439 bps YoY improvement).
  • Credit Cost: 0.6% for Q2 FY27.

Geographical Revenue Split

  • Gold Loan Geographical Mix: South 57%, West 22%, North 15%, East 6%.
  • Mortgage Loan Geographical Mix: South 49%, West 26%, North 19%, East 6%.

Balance Sheet Snapshot

  • Total Assets: ₹18,540 Cr as of Q2 FY27, up 38.8% YoY.
  • Shareholder's Fund: ₹3,165 Cr as of Q2 FY27, up 16.8% YoY.
  • Book Value Per Share: ₹84.4 as of Q2 FY27, up 16.3% YoY.
  • Borrowings: ₹14,602 Cr as of Q2 FY27.
  • CRAR: 21.0% as of Q2 FY27.

Asset Quality Indicators

  • Gross Stage III: 1.8% for Q2 FY27 (1.9% in Q2 FY26).
  • Net Stage III: 1.2% for Q2 FY27 (1.3% in Q2 FY26).
  • Mortgage Portfolio: Gross Stage III 3.4%, Net Stage III 2.2%, PCR 37.5%.
  • Gold Loan Portfolio: Gross Stage III 0.5%, Net Stage III 0.5%, PCR 10.5%.
  • Business Loan Portfolio: Gross Stage III 31.7%, Net Stage III 1.9%, PCR 95.9%.

Capex & Cash Flow Health

Not Specified

Strategic & R&D Initiatives

  • Technology: Fully integrated API stack with OCR, KYC Validation, Aadhaar Vault, Account Aggregator, Digilocker integrations.
  • Digital Platforms: Fedfina Loans, Fedfina Lite, Fedfina Collect with 15 Lakh+ downloads, 88%+ digital registrations, 59%+ digital payments.
  • Underwriting: Cloud-based Loan Origination System with real-time Business Rule Engine and multi-bureau integrations.
  • Security: ISO 27001:2022 certification with AWS Cloud and Microsoft O365 implementation.

ESG & CSR Initiatives

  • Women Financial Inclusion: Serves over 1.2 lakh women customers with ₹2,728 Cr portfolio through Gold Loan business.
  • Stree Sakthi Gold Loan Scheme: Launched January 7, 2026, crossed ₹100 Cr portfolio.
  • CSR Skill Building: Initiative focused on skilling next generation of finance professionals through apprenticeships.

Management Commentary & Growth Outlook

Not Specified