• Event Type: Q1 FY27 Earnings Conference Call discussing unaudited financial results for the quarter ended June 30, 2026.
• Date and Time: The conference call was held on July 24, 2026. Specific time and time zone were not disclosed in the submission.
• Purpose: Discussion of the bank's Q1 FY27 unaudited financial results and business performance.
• Timing Relative to Earnings: The call was held after the earnings announcement, as referenced by previous letters dated July 15, 2026 (intimation of conference call) and July 24, 2026 (disclosure of audio recording).
• Management Participants:
- Mr. Baskar Babu Ramachandran - Managing Director and Chief Executive Officer
- Mr. Kanishka Chaudhary - Chief Financial Officer
- Mr. Senthil Kumar - Chief Business Officer, Inclusive Finance and Wheels
- Mr. Sasidhar Vavilala - Executive Vice President, Business Intelligence and Analytics
- Mr. Himadri Das - Head Investor Relations
• Availability of Materials: The transcript of the conference call has been made available on the bank's website at https://suryoday.bank.in/assets/pdf/suryoday-sfb-q1FY27-conference-call-transcript.pdf and will also be available at https://suryoday.bank.in/investor-corner/#disclosure-to-stock-exchanges.
• UPSI Statement: The document does not explicitly state whether unpublished price sensitive information (UPSI) was or will be shared.
• Financial Period Discussed: Q1 FY27 (quarter ended June 30, 2026)
• Key Financial Highlights from Transcript:
- Gross advances: INR 14,376 crores (32.5% YoY growth)
- Deposit base: INR 14,634 crores (29.4% YoY growth)
- Retail deposits share: 87.3%
- CASA ratio: 21%
- GNPA: 6.5% (INR 931 crores)
- NNPA: 1.2% (INR 170 crores)
- Adjusted GNPA (after CGFMU receivable): 2.9%
- Adjusted NNPA (after CGFMU receivable): 0.3%
- CGFMU claims received: INR 386 crores
- Digital deposits: INR 2,222 crores
- Credit on UPI customers: 9 lakhs
- Digital MSME loan disbursements: INR 59 crores
- Credit cost: 0.8% for Q1
- Cost of funds: Reduced by 0.08% QoQ, expected to remain around 7.5% for rest of year
- ROA guidance: 1.3-1.4% for FY27
- Credit cost guidance: 0.8-1.0% for FY27
• Strategic Themes Discussed:
- Transition from JLG model to individual loans (Vikas Loan)
- Focus on calibrated growth in secured lending segments (commercial vehicles and mortgages)
- Building granular deposit franchise with retail focus
- Digital as key strategic pillar with investments in technology infrastructure
- Strengthening collection efficiency and asset quality
- Branch expansion plans (approximately 50 branches in current and next quarter)
Additional Notes Section
• Attachments: The transcript was attached as an annexure to the regulatory submission.
• Financial Data Disclosure: The announcement itself did not contain financial data, but the referenced transcript contained extensive financial information and performance metrics.
• Regulatory Compliance: The submission was made pursuant to Regulation 30 read with Clause 15 of Paragraph A in Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.