Key Financial Figures - Standalone (Quarter ended September 30, 2026)
- Total Income: ₹812.11 crore
- Revenue from Operations: ₹811.52 crore
- Interest Income: ₹657.43 crore
- Rental Income: ₹0.42 crore
- Fees and Commission Income: ₹2.40 crore
- Net Gain/(Loss) on Fair Value Changes: ₹25.20 crore
- Net Gain on Derecognition of Financial Instruments: ₹125.41 crore
- Other Operating Income: ₹0.68 crore
- Total Expenses: ₹583.81 crore
- Finance Costs (Interest): ₹282.96 crore
- Effects of Changes in Foreign Exchange Rates: -₹4.11 crore (gain)
- Impairment of Financial Instruments: ₹83.19 crore
- Employee Benefits Expenses: ₹161.31 crore
- Depreciation and Amortization: ₹6.87 crore
- Other Expenses: ₹53.58 crore
- Profit Before Tax: ₹228.30 crore
- Total Tax Expense: ₹56.69 crore
- Current Tax: ₹45.27 crore
- Deferred Tax Charge: ₹11.42 crore
- Net Profit After Tax: ₹171.61 crore
- Earnings Per Share (Basic & Diluted): ₹15.59
Key Financial Figures - Standalone (Half year ended September 30, 2026)
- Total Income: ₹1,483.57 crore
- Net Profit After Tax: ₹291.90 crore
- Earnings Per Share (Basic & Diluted): ₹26.53
Key Financial Figures - Consolidated (Quarter ended September 30, 2026)
- Total Income: ₹929.23 crore
- Net Profit After Tax Attributable to Owners: ₹175.92 crore
- Earnings Per Share (Basic & Diluted): ₹15.98
Key Financial Figures - Consolidated (Half year ended September 30, 2026)
- Total Income: ₹1,693.97 crore
- Net Profit After Tax Attributable to Owners: ₹298.59 crore
- Earnings Per Share (Basic & Diluted): ₹27.14
Balance Sheet Highlights (Standalone as of September 30, 2026)
- Total Assets: ₹14,132.55 crore
- Financial Assets: ₹13,950.06 crore (primarily Loans: ₹10,131.11 crore, Investments: ₹1,399.22 crore, Cash & Cash Equivalents: ₹151.27 crore)
- Non-Financial Assets: ₹182.49 crore
- Total Liabilities: ₹10,696.61 crore
- Financial Liabilities: ₹10,536.44 crore (Borrowings: ₹818.67 crore, Debt Securities: ₹1,299.82 crore, Subordinated Liabilities: ₹479.54 crore)
- Non-Financial Liabilities: ₹160.17 crore
- Equity: ₹3,436.94 crore
- Paid-up Equity Share Capital: ₹110.11 crore
- Other Equity: ₹3,326.83 crore
Capital Structure and Corporate Actions
- Paid-up Equity Share Capital: ₹110.11 crore (face value ₹10 per share) as of September 30, 2026, compared to ₹110.04 crore as of March 31, 2026.
- On August 3, 2026, the Working Committee of the Board allotted 38,50,000 Fully Convertible Warrants (face value ₹10 each) on a preferential basis to Trishashna Holdings & Investments Private Limited (a Promoter & Promoter Group entity). An amount of ₹25.03 crore, representing 25% of the total consideration, was received.
Investments and Subsidiary Updates
- During the quarter, the company invested ₹110.00 crore in Satin Finserv Limited (wholly-owned subsidiary) by subscribing to 2,91,66,667 equity shares at ₹24.00 per share and 1,63,26,531 equity shares at ₹24.50 per share on a rights basis.
- invested ₹12.00 crore in Satin Growth Alternatives Limited (wholly-owned subsidiary) by subscribing to 1,20,00,000 equity shares at ₹10.00 per share on a rights basis.
- The step-down subsidiary, QTrino Labs Private Limited, changed its name to QTrino Labs Limited effective July 15, 2026.
Loan Portfolio and Asset Quality Disclosures
- Gross NPA (GNPA): 1.94%
- Net NPA (NNPA): 0.17%
- Provision Coverage Ratio (NPA): 91.46%
- Capital Risk Adequacy Ratio (CRAR): 27.89%
- Liquidity Coverage Ratio (LCR): 131.91%
- The company transferred loans with a book value of ₹1,132.49 crore through direct assignment during the quarter, recognizing an interest spread of ₹132.58 crore.
- It acquired loans with a book value of ₹52.91 crore through direct assignment.
- No NPA loans were transferred or acquired. No Co-Lending Arrangements (CLAs) were active.
- A resolution plan was implemented in 4 districts of Assam for 42,394 accounts, with an outstanding of ₹92.03 crore.
Cash Flow Statement (Half year ended September 30, 2026 - Standalone)
- Net Cash Used in Operating Activities: ₹(137.86) crore
- Net Cash Used in Investing Activities: ₹(207.28) crore
- Net Cash Generated from Financing Activities: ₹475.12 crore
- Net Increase in Cash and Cash Equivalents: ₹129.98 crore
Additional Ratios and Metrics (Standalone)
- Debt-Equity Ratio: 2.92 times
- Net Worth: ₹3,412.75 crore
- Net Profit Margin: 19.68%
- Total Debt to Total Assets: 0.71
Entities Covered in Consolidation
The consolidated results include:
- Satin Creditcare Network Limited (Parent)
- Satin Housing Finance Limited (100% subsidiary)
- Satin Finserv Limited (100% subsidiary)
- Satin Technologies Limited (100% subsidiary)
- Satin Growth Alternatives Limited (100% subsidiary)
- QTrino Labs Limited (67.88% step-down subsidiary)