Key Financial Figures (Standalone)
Q2 FY27 Performance:
- Gross AUM: ₹1,766.07 Cr (vs ₹1,599.23 Cr in Jun-26, +10.4% QoQ)
- Disbursements: ₹590.51 Cr (vs ₹449.40 Cr in Q1 FY27)
- Net Interest Income: ₹33.27 Cr (vs ₹35.16 Cr in Q1 FY27)
- Profit Before Tax: ₹19.47 Cr (vs ₹18.82 Cr in Q1 FY27)
- Profit After Tax: ₹15.06 Cr (vs ₹6.06 Cr in Q2 FY26, +148.5% YoY)
H1 FY27 Performance:
- Net Interest Income: ₹68.44 Cr (vs ₹39.77 Cr in H1 FY26, +72.1% YoY)
- Profit Before Tax: ₹38.29 Cr (vs ₹13.76 Cr in H1 FY26, +178.3% YoY)
- Profit After Tax: ₹29.07 Cr (vs ₹10.17 Cr in H1 FY26, +185.8% YoY)
Balance Sheet (Sep-26):
- Loan Book (AUM): ₹1,766.07 Cr
- Total Borrowings: ₹1,745.71 Cr
- Net Worth: ₹604.72 Cr
- Total Assets: ₹2,396.90 Cr
- Debt/Equity: 2.89×
Operational Highlights
Portfolio Composition (Sep-26):
- Mediclaim Financing: ₹686.90 Cr (38.9% of AUM)
- Salary Saathi: ₹90.61 Cr (5.1% of AUM)
- MSME, Corporate & Other Loans: 36.9% of AUM
- Climate Financing: 19.1% of AUM (in managed run-down)
Digital Lending Performance:
- Digital products constitute 44.0% of total AUM (₹777.07 Cr)
- Mediclaim Q2 disbursements: 45,178 loans
- Salary Saathi Q2 disbursements: ₹65.79 Cr (+72.2% QoQ)
- Live states for Salary Saathi: Rajasthan and Assam
Asset Quality:
- Q2 FY27 Gross NPA: 1.77%
- Q2 FY27 Net NPA: 1.50%
Cost and Efficiency Metrics:
- Cost of Borrowings: 11.96% (Sep-26), targeting <10.5% by Mar FY27
- CRAR: 27.73% (against 15% minimum requirement)
- AUM per employee: ₹5.77 Cr (up from ₹4.36 Cr in Jun-26)
- Headcount: 306 employees
Funding and Liquidity:
- 35+ lenders (vs 32+ in Jun-26)
- Borrowings mix: NCDs at 30.9% of borrowings (up from 20.2% in Mar-26)
- NBFC & FI share reduced to 8.4% from 18.1%
Strategic Updates
- Portfolio rebalancing towards Mediclaim and Salary Saathi products
- Project Arthum launched for contract workforce lending (earned-wage backed, short duration)
- Continued expansion of digital lending partnerships (10+ insurer integrations)