Dar Credit & / Q4-FY26

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Positive2026-05-15Back to DARCREDITCAPITAL

Revenue

₹14.23 Cr

verification pending

Revenue YoY

39.6%

reported change

EBITDA

₹10.8 Cr

latest reported figure

Source

bse pending

record provenance

Actual signal trajectory

Where this quarter sits.

source records only
Revenue (₹ Cr)PositiveWatchNegative
2 actual records
Actual quarterly Revenue (₹ Cr) trajectoryReported values plotted by quarter. Hover or focus a point for its quarter, value, and source sentiment.Q3 FY26: 12.6 · Positive source sentiment · 2026-02-10Q3 FY26Q4 FY26: 14.2 · Positive source sentiment · 2026-05-15Q4 FY2614.212.6
Values are taken from the available verified source records; sentiment color is a separate source-read indicator.

Quarter read

What the record says.

Dar Credit & Capital delivered a strong Q4 FY26 with revenue of ₹14.23cr (+39.6% YoY), EBITDA of ₹10.8cr (+55.9% YoY), and PAT of ₹3.07cr (+60.7% YoY). Growth was driven by a strategic shift toward secured MSME loans, which now constitute 30% of the portfolio, and disciplined underwriting keeping GNPA at just 1.01%. The company plans to add 5-7 branches in existing states and targets AUM of ₹260-275cr in FY27. Risks include potential stress in unsecured personal loans (35% of portfolio) and slower-than-expected branch expansion.

Colored figures show movement against the previous available record.

Guidance to track

  • Management guided AUM to reach ₹260-275 crore in FY27, up from ₹230.55cr in FY26.
  • Total balance sheet size expected to exceed ₹350-370 crore in FY27, from ₹294.4cr currently.
  • Plans to open 5-7 new branches within current operating states to deepen presence.
  • Management aims to maintain a portfolio mix with personal loans at 30-35%, secured MSME at 35-40%, and unsecured MSME as the balance.

Risks flagged

  • Personal loans (35% of portfolio) are unsecured and long-tenured; any economic downturn could increase delinquencies.
  • Operations limited to 6 states; no plans to enter new states, exposing the company to regional economic shocks.
  • Current cost of funds at ~14%; management expects upward bias, which could compress margins if not managed.
  • Adding only 5-7 branches in FY27 may limit growth if demand outstrips capacity.

Key quotes

  • We are planning for another five to seven branches and big drives in the new areas of the existing branches. This is the primary target of FY 2627.
  • Technically, if you see it technically, then so far the RBI guidelines are concerned these are treated as unsecured because there is no collateral security but to ask in a practical way it is more secure than any other thing.
  • We want a sustainable growth and that's why you can feel that our NPA percentage is very very low we are operating at a GNPA of 1.01%.

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