Financial Performance Highlights

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Interest Income: ₹693.2 Cr (up 38.3% YoY from ₹501.1 Cr)
  • Interest Expenses: ₹288.3 Cr (up 34.8% YoY from ₹213.8 Cr)
  • Net Interest Income (Core): ₹404.8 Cr (up 40.9% YoY from ₹287.2 Cr)
  • Net Gain on Direct Assignment: -₹1.2 Cr (down 117.7% YoY from ₹6.6 Cr)
  • Net Interest Income: ₹403.7 Cr (up 37.4% YoY from ₹293.9 Cr)
  • Other Income: ₹27.8 Cr (down 1.9% YoY from ₹28.3 Cr)
  • Net Total Income: ₹431.5 Cr (up 33.9% YoY from ₹322.2 Cr)
  • Operating Expenses: ₹226.4 Cr (up 23.6% YoY from ₹183.2 Cr)
  • Operating Profit: ₹205.1 Cr (up 47.5% YoY from ₹139.0 Cr)
  • Credit Cost: ₹27.1 Cr (down 14.1% YoY from ₹31.5 Cr)
  • Profit Before Tax: ₹178.0 Cr (up 65.6% YoY from ₹107.5 Cr)
  • Tax Expenses: ₹47.3 Cr (up 73.0% YoY from ₹27.3 Cr)
  • Profit After Tax: ₹130.8 Cr (up 63.1% YoY from ₹80.2 Cr)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Interest Income: ₹1,350.6 Cr (up 36.1% YoY from ₹992.7 Cr)
  • Interest Expenses: ₹561.0 Cr (up 29.9% YoY from ₹431.8 Cr)
  • Net Interest Income (Core): ₹789.6 Cr (up 40.8% YoY from ₹560.9 Cr)
  • Net Gain on Direct Assignment: -₹14.0 Cr (down 1310.2% YoY from ₹1.2 Cr)
  • Net Interest Income: ₹775.6 Cr (up 38.0% YoY from ₹562.0 Cr)
  • Other Income: ₹53.5 Cr (down 10.1% YoY from ₹59.4 Cr)
  • Net Total Income: ₹829.0 Cr (up 33.4% YoY from ₹621.5 Cr)
  • Operating Expenses: ₹436.4 Cr (up 22.1% YoY from ₹357.4 Cr)
  • Operating Profit: ₹392.6 Cr (up 48.7% YoY from ₹264.1 Cr)
  • Credit Cost: ₹61.1 Cr (up 8.7% YoY from ₹56.2 Cr)
  • Profit Before Tax: ₹331.5 Cr (up 59.5% YoY from ₹207.8 Cr)
  • Tax Expenses: ₹86.4 Cr (up 64.0% YoY from ₹52.7 Cr)
  • Profit After Tax: ₹245.1 Cr (up 58.0% YoY from ₹155.2 Cr)

Balance Sheet Metrics

  • Shareholder's Fund: ₹3,165.0 Cr as of Q2 FY27 (up 16.8% YoY from ₹2,709.8 Cr)
  • Book Value Per Share: ₹84.4 as of Q2 FY27 (up 16.3% YoY from ₹72.5)
  • Asset Under Management: ₹22,035 Cr as of Q2 FY27 (up 36.6% YoY from ₹16,136 Cr)
  • Disbursements: ₹6,676 Cr for Q2 FY27 (up 28.3% YoY from ₹5,205 Cr)

Key Financial Ratios

Quarterly Ratios (Q2 FY27 vs Q2 FY26)

  • Cost to Income: 52.5% (improved by 439 bps from 56.9%)
  • Return on Average Assets: 2.8% (improved by 43 bps from 2.4%)
  • Return on Average Equity: 17.0% (improved by 496 bps from 12.0%)
  • Gross NPA: 1.8% (improved by 8 bps from 1.9%)
  • Net NPA: 1.2% (improved by 12 bps from 1.3%)
  • CRAR: 21.0% (declined by 68 bps from 21.6%)

Half-Yearly Ratios (H1 FY27 vs H1 FY26)

  • Cost to Income: 52.6% (improved by 487 bps from 57.5%)
  • Return on Average Assets: 2.7% (improved by 39 bps from 2.3%)
  • Return on Average Equity: 16.2% (improved by 442 bps from 11.8%)
  • Gross NPA: 1.8% (improved by 8 bps from 1.9%)
  • Net NPA: 1.2% (improved by 12 bps from 1.3%)
  • CRAR: 21.0% (declined by 70 bps from 21.6%)

Additional Ratio Information

  • Credit cost for Q2 FY27 stands at 0.6%
  • QoQ Gross Stage III increased by 27 bps to 1.8%
  • QoQ Net Stage III increased by 22 bps to 1.2%

Operational Information

  • Branch count: 831 as of Q2 FY27 (up 18.9% YoY from 699)
  • Employee count: 5,920 as of Q2 FY27 (up 21.0% YoY from 4,894, excluding apprentices employed under NAPS scheme)
  • Geographic presence: Operations spread across 18 states and union territories

Company Background

Fedbank Financial Services Limited (Fedfina) is a Mumbai-based, retail-focused NBFC promoted by Federal Bank Limited. Established in 1995, the company received its NBFC license in 2010. Fedfina specializes in Loan Against Property and Gold Loans, operating on a collateralized lending model targeting the emerging self-employed customer segment.

Additional Information

The press release and this intimation are being uploaded on the company's website at https://www.fedfina.com/investors-relations/overviews/presentations/.