Financial Performance Highlights - Consolidated (Q2 FY2027)

  • Consolidated AUM: ₹73,303 Cr, up 5.3% QoQ and 60.1% YoY
  • Net Interest Income: ₹1,976 Cr, up 11.5% QoQ and 39.1% YoY
  • Pre-Provisioning Operating Profit (PPOP): ₹1,245 Cr, up 21.4% QoQ and 75.5% YoY
  • Profit After Tax (PAT): ₹701 Cr, up 19.9% QoQ and 222.9% YoY
  • Earnings Per Share (EPS): ₹2.90, up 18.8% QoQ and 182.2% YoY
  • Return on Assets (ROA): 3.9%, up 40 bps QoQ
  • Return on Equity (ROE): 16.5%, up 220 bps QoQ
  • Book Value Per Share (BVPS): ₹184.1, up 4.4% QoQ
  • Net Worth: ₹17,289 Cr, up 4.4% QoQ

Half-Yearly Consolidated Performance (H1 FY2027)

  • PAT: ₹1,286 Cr, up 268.2% YoY
  • Net Interest Income: ₹3,748 Cr, up 32.0% YoY
  • PPOP: ₹2,271 Cr, up 62.7% YoY

Segment-wise Performance

Gold Loan Business:

  • Gold AUM: ₹60,640 Cr, up 6.4% QoQ and 92.5% YoY
  • Gold Tonnage: 70 tonnes, up 3.5% QoQ and 22.0% YoY
  • Gold Branches: 4,113, up 1.5% QoQ
  • Gold Customers: 30 lakh, up 4.4% QoQ
  • AUM Per Branch: ₹15 lakh, up 4.8% QoQ
  • Customer Per Branch: 726, up 2.9% QoQ

Non-Gold Business:

  • Non-Gold AUM: ₹12,663 Cr, down 0.3% QoQ
  • Non-Gold Branches: 1,262, down 0.9% QoQ
  • MFI New Book Customers: 8.7 lakh, up 27.7% QoQ
  • MFI Old Book Customers: 6.1 lakh, down 19.5% QoQ
  • SME Customers: 0.7 lakh, down 4.9% QoQ
  • VEF Customers: 1.6 lakh, down 8.5% QoQ

AUM Mix Breakdown

  • Gold Loans: ₹58,097 Cr (Standalone), up 6.3% QoQ
  • MSME and Others: ₹3,361 Cr, down 2.1% QoQ
  • VEF: ₹2,169 Cr, down 15.3% QoQ
  • Onlending: ₹106 Cr, down 67.2% QoQ
  • Asirvad MFI: ₹5,396 Cr, up 11.8% QoQ
  • Asirvad Gold Loan: ₹2,508 Cr, up 7.0% QoQ
  • Mahofin HFC: ₹1,780 Cr, down 3.2% QoQ
  • Mahofin Gold: ₹35 Cr, up 375.0% QoQ

Balance Sheet Position (Consolidated)

  • Total Assets: ₹83,907 Cr, up 7.6% QoQ
  • Cash and Bank Balances: ₹3,821 Cr, up 15.2% QoQ
  • Investments: ₹2,719 Cr, up 29.6% QoQ
  • Loans and Advances: ₹73,288 Cr, up 5.9% QoQ
  • Borrowings: ₹65,168 Cr, up 8.3% QoQ

Borrowings Strategy

Consolidated Borrowing Composition:

  • Term Loan: ₹31,656 Cr (48.6%)
  • ECB and USD Bond: ₹12,551 Cr (19.3%)
  • WCDL/CC: ₹10,845 Cr (16.6%)
  • NCD: ₹4,654 Cr (7.1%)
  • Commercial Paper: ₹4,033 Cr (6.2%)
  • Subordinate bond: ₹1,299 Cr (2.0%)
  • Securitization: ₹130 Cr (0.2%)

Credit Ratings:

  • S&P: BB- (upgraded from B+ in Oct 2021)
  • CRISIL: AA (upgraded in Sep 2019)
  • Raised USD 400 Million through Syndicated ECB Facilities during FY 2025-26

Asset Quality

  • Gross NPA: 1.8% in Q2 FY27 (1.8% in Q1 FY27)
  • Net NPA: 1.2% in Q2 FY27 (1.3% in Q1 FY27)

Standalone Performance

  • Standalone AUM: ₹63,733 Cr, up 4.5% QoQ
  • Standalone PAT: ₹665 Cr, up 20.5% QoQ
  • Standalone Net Worth: ₹17,109 Cr, up 4.3% QoQ

Asirvad Microfinance Performance

  • AUM: ₹7,919 Cr, up 10.2% QoQ
  • PAT: ₹32 Cr, up 55.3% QoQ (from loss of ₹168 Cr in Q2 FY26)
  • Branches: 1,428 (after consolidation of 75 branches)
  • Asset Quality: Stage-III assets at 4.6% of total AUM

Corporate Governance

Board of Directors:

  • Mr. V.P. Nandakumar - Chairman and Managing Director
  • Dr. Sumitha Nandan - Executive Director & Vice-Chairperson
  • Rosemary Sebastian - INED (Former ED, RBI)
  • Ashish Kotecha - Non-Executive, NID (Partner at Bain Capital)
  • V. Balaji - INED (Former CTO, ICICI Bank)
  • Rishi Mandawat - Non-Executive, NID (Partner at Bain Capital)
  • Rakesh Bhatt - INED (Former ED, Bajaj Finance)
  • Mr. Harshan kollara - INED (Former ED, Federal Bank)

Management Team:

  • Mr. Buvanesh Tharashankar - Group CFO
  • Mr. Susil Kumar Mishra - Head – Investor Relations & Treasury

Shareholding & Stock Performance

Major Shareholders (>1%):

  • Small World Fund INC: 5.04%
  • Quant Small Cap Fund: 3.32%
  • SBI ELSS Tax Saver Fund: 3.13%
  • Government Pension Fund Global: 2.47%
  • ICICI Prudential Multicap Fund: 1.86%

Stock Data (as of November 9, 2026):

  • Market Cap: ₹30,411.01 Cr
  • Stock Price: ₹323.75
  • 52 Week Range: ₹381.55 / ₹245.15
  • Shares Outstanding: 93,93,36,102
  • Average Daily Trading Volume (3 months): 51,59,331

Corporate Social Responsibility Initiatives

The company reported several CSR activities including:

  • Donation of bags, books & uniforms to students in coastal Valapad
  • Road work and interlock laying of Panchayat roads at Valapad
  • Construction support for Manappuram Snehabhavanam
  • ₹12 lakh support for families affected by Mundathikode fire blast
  • Support for Mobile Mammography Unit at Amala Institute of Medical Sciences, Thrissur

Forward-Looking Statements Disclaimer

The presentation contains forward-looking statements about strategy, growth, business development, market position, expenditures, and financial results. The company notes that actual results could differ materially from projections due to factors including global and Indian demand-supply conditions, finished goods prices, feedstock availability, government regulations, tax regimes, and economic developments.