Regulatory Disclosure Details

Disclosure Type: Press Release on Un-audited Financial Results for quarter and half year ended September 30, 2026 pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015

Financial Performance Highlights

Consolidated Results (₹ Crores)

Half Year Performance (H1FY27 vs H1FY26):

  • Assets Under Management: ₹16,589 vs ₹12,687 (31% growth)
  • Disbursement: ₹7,192 vs ₹4,868 (48% growth)
  • Total Revenue: ₹1,760 vs ₹1,391 (27% growth)
  • Pre-Provision Operating Profit: ₹592 vs ₹413 (43% growth)
  • Profit After Tax: ₹299 vs ₹98 (204% growth)
  • ROA: 4.4% vs 1.8% (+267 bps)
  • ROE: 22.2% vs 8.4% (+1,386 bps)

Quarterly Performance (Q2FY27 vs Q2FY26):

  • Assets Under Management: ₹16,589 vs ₹12,687 (31% growth)
  • Disbursement: ₹3,697 vs ₹2,626 (41% growth)
  • Total Revenue: ₹933 vs ₹711 (31% growth)
  • Pre-Provision Operating Profit: ₹324 vs ₹212 (53% growth)
  • Profit After Tax: ₹176 vs ₹53 (231% growth)
  • ROA: 5.5% vs 2.0% (+347 bps)
  • ROE: 27.7% vs 9.7% (+1,797 bps)

All ROA and ROE figures exclude Management Overlay of ₹50 Crores created as an extra buffer

Standalone Results (₹ Crores)

Half Year Performance (H1FY27 vs H1FY26):

  • Assets Under Management: ₹13,608 vs ₹11,044 (23% growth)
  • Disbursement: ₹6,109 vs ₹4,487 (36% growth)
  • Total Revenue: ₹1,550 vs ₹1,246 (24% growth)
  • Pre-Provision Operating Profit: ₹570 vs ₹389 (46% growth)
  • Profit After Tax: ₹292 vs ₹94 (209% growth)
  • ROA: 4.8% vs 1.8% (+300 bps)
  • ROE: 20.1% vs 7.3% (+1,280 bps)

Quarterly Performance (Q2FY27 vs Q2FY26):

  • Assets Under Management: ₹13,608 vs ₹11,044 (23% growth)
  • Disbursement: ₹3,101 vs ₹2,421 (28% growth)
  • Total Revenue: ₹816 vs ₹637 (28% growth)
  • Pre-Provision Operating Profit: ₹311 vs ₹200 (56% growth)
  • Profit After Tax: ₹172 vs ₹52 (231% growth)
  • ROA: 6.0% vs 2.1% (+388 bps)
  • ROE: 25.0% vs 8.5% (+1,652 bps)

All ROA and ROE figures exclude management overlay of ₹50 Crores created as an extra buffer

Operational Metrics and Outreach

As of H1FY27:

  • Geographic Presence: 32 States & UTs
  • Branch Network: 2,075 branches
  • Employee Strength: 18,978 employees
  • Loan Officers: 12,796 personnel
  • Client Base: 34.1 lakh clients

Key Performance Highlights for Q2FY27

  • Asset Quality: On-book Gross NPA stood at 1.94% (₹197 Crores), reduced from 2.18% in June 2026
  • PAR 1: Improved to 2.92% in Q2FY27 from 5.79% in Q2FY26 on standalone basis
  • Collection Efficiency: X bucket collection efficiency at 99.8% during Q2FY27
  • Credit Cost: 2.47%, reduced by 236 bps YoY; excluding Management Overlay (₹50 Crores) stood at 0.99%
  • Fund Raising: Raised approximately ₹2,630 Crores via diversified debt instruments
  • Borrowing Cost: Marginal borrowing cost reduced by 65bps YoY to 10.28% in Q2FY27
  • Promoter Commitment: Promoters committed ₹100 Crores by warrants, with first tranche of ₹25 Crores already received
  • Management Stability: Zero attrition in field leadership comprising 200 personnel at RM, ZM, Circle Head and Business Head levels

Capital Adequacy and Liquidity

  • Capital Adequacy Ratio: 27.89% as on September 30, 2026
  • Book Value per share: ₹287.21 on consolidated basis
  • Liquidity Position: Healthy balance sheet liquidity of ₹2,235 Crores
  • Undrawn Sanctions: Approximately ₹4,600 Crores as on September 30, 2026

Borrowing Profile (Standalone)

  • Total Borrowings: ₹10,033 Crores as of September 30, 2026
  • Debt-to-Equity Ratio: 2.92x
  • Borrowing Mix: Banks (73%), Overseas funds (12%), Development Financial Institutions (10%), NBFCs (6%)
  • Lender Base: 69 active lenders

Asset Quality and Provisions

  • On-book Provisions: ₹263 Crores (2.6% of on-book portfolio)
  • RBI Required Provisions: ₹152 Crores
  • Management Overlay: ₹50 Crores maintained as additional buffer
  • Stage 3 Coverage Ratio: 91% as on September 30, 2026 vs 85% as on June 30, 2026
  • ECL Provision: ₹181 Crores as on September 30, 2026
  • Recovery Against Write-offs: ₹16 Crores during H1FY27

Subsidiary Performance

Satin Housing Finance Limited

  • AUM Growth: 19.25% YoY growth to ₹1,219 Crores
  • Customer Base: 12,770 customers
  • Lender Base: 33 active lenders including NHB refinance
  • Capital Adequacy: CRAR of 57.67%, gearing ratio of 1.70x
  • Profit After Tax: ₹1.6 Crores for Q2FY27
  • Credit Rating: A- (Stable) from ICRA and Infomerics

Satin Finserv Limited

  • AUM: ₹1,761 Crores as of Q2FY27
  • Growth: 183.66% year-on-year growth
  • Green Finance: Disbursed 100 loans amounting to ₹604 Crores
  • Capital Adequacy: CRAR of 26.94%, gearing of 3.11x
  • Profit After Tax: ₹5.1 Crores for Q2FY27
  • Credit Rating: A- (Stable) from ICRA

Satin Technologies Limited

  • Arcrix SaaS: Launched ahead of schedule
  • Satin HR: Moved into commercialization with paying customers under implementation
  • HR Solutions: Development commenced for blue-collar industries with workforce planning, contract labour and predictive analytics capabilities
  • Core Banking Platform: Completed with first customer going live
  • LMS and LOS Solutions: Developed for NBFCs
  • QTrino Labs: Progressed customer migration to Arcrix, finalized HSM architecture, continued AI integration

Satin Growth Alternatives Limited (SGAL)

  • Fund Status: Achieved First Close within 4.5 months of license approval
  • Deal Flow: Evaluated approximately 100 investment opportunities
  • Investment Activity: Completed first investment after two Investment Committee meetings
  • Governance: Mr. Siddharth Dua, Senior Partner at Dua Associates appointed as Advisor and Observer to Investment Committee
  • Regulatory Compliance: Completed quarterly reporting to SEBI and fulfilled regulatory requirements

Management Commentary

Dr. HP Singh, Chairman cum Managing Director, commented on the performance highlighting:

  • H1FY27 marks a defining chapter with PAT of ₹299 crore in six months, nearing FY26 full-year profit
  • 21st consecutive profitable quarter achieved
  • Focus on balance sheet strength with increased management overlay to ₹50 crore
  • Provisions maintained significantly above regulatory requirements
  • Strategic focus on diversification beyond microfinance into Housing finance, MSME lending, Technology and Alternative Investments
  • Commitment to responsible growth, stronger fundamentals and long-term value creation

Company Background

Satin Creditcare Network Limited is a leading rural institution with presence in 27 states, 5 union territories and over 1,14,000 villages. The group offers financial products including microfinance, MSME loans, and affordable housing loans through subsidiaries. As of September 30, 2026, the company had 2,075 branches and 18,978 employees serving 34 lakh clients at consolidated level.