Financial Performance FY 2025-26

  • Total income increased by approximately 63% from ₹26.65 crore to ₹43.35 crore
  • Revenue from operations grew by nearly 66% to ₹38.68 crore
  • Total expenses increased by approximately 9%
  • Net profit of ₹7.26 crore compared to net loss of ₹4.14 crore in FY25
  • EBITDA improved from negative ₹44 lakh to positive ₹13.14 crore
  • Return on Equity improved to 20.12%
  • Return on Assets was approximately 10%
  • Net worth increased by approximately 16.6% to ₹36.08 crore
  • Capital Adequacy Ratio improved from 45.25% to 49.45%

StuCred Platform Performance

  • Disbursed ₹357.61 crore across approximately 18.9 lakh loans
  • Disbursement value increased by more than 54% over previous financial year
  • Assets Under Management increased from ₹29.72 crore to ₹49.17 crore (65.5% growth)
  • Cumulative credit extended since 2018 launch crossed ₹1000 crores
  • Registered user base crossed 10 lakhs
  • Active user base stood at approximately 3.94 lakh
  • More than 2.23 lakh unique new transacting users joined the platform
  • Reach expanded to nearly 40,000 colleges across every State and Union Territory in India
  • Customer retention rate of 91%
  • More than 2 lakh customers were repeat borrowers
  • Repeat and extension disbursements reached approximately ₹129 crores (36% of total disbursement value)
  • Customer acquisition costs remained at approximately ₹96

Risk Management and Asset Quality

  • Collection efficiency remained strong at approximately 95.38%
  • Gross NPA increased from 6.93% to 8.91%
  • Enhanced credit filtering, behavioural risk analytics and AI-led intervention in early delinquency implemented

Technology and Operations

  • Continued strengthening credit assessment through improved bureau filtering and alternate-data analysis
  • Introduced AI-based calling for early-stage delinquency in collections
  • Using automation to reduce manual dependence and improve turnaround times
  • Reviewed and strengthened SOPs across functions
  • Introduced automated approval and reminder workflows
  • Statutory Auditors issued unmodified opinion on Internal Financial Controls

Strategic Initiatives and Future Plans

  • Launching MDPD (My Day Pay Day) - an Earned Wage Access solution for salaried employees
  • Evaluating opportunities across the wider financial lifecycle of younger customers
  • Long-term ambition to develop into a diversified, technology-led financial services platform
  • Priorities for FY27: deepen existing customer relationships, strengthen underwriting and collections, improve operating efficiency, pursue adjacent products selectively

Corporate Governance

  • BSE-listed company and RBI-regulated NBFC
  • Findings from internal audit framework reviewed by Audit Committee
  • Continued investment in governance architecture, compliance capacity, cybersecurity, and Board-level visibility