Tata Capital

Tata Capital delivered a strong Q4 FY26, with PAT (ex-motor finance) surging 51% YoYCurrent reported value: 51% YoY. No comparable prior figure is available in the source record. to ₹1,459Current reported value: 1,459. No comparable prior figure is available in the source record. crore, driven by lower credit costs (0.8%Current 0.8%. Reported change: -20 bps QoQ.) and improved asset quality (net NPA 0.5%). AUM grew 28% YoYCurrent reported value: 28% YoY. No comparable prior figure is available in the source record. (ex-motor) to ₹2.52 lakh croreCurrent ₹2.52 lakh crore. Reported change: +28% YoY., led by housing finance (29% YoY) and retail momentum. Disbursements crossed ₹50,000 croreCurrent ₹50,000 crore. Reported change: +32% YoY. for the first time. Management guided for FY27 AUM growth of 23-25% and expects cost of funds to decline further. The motor finance business turned profitable (₹43 crore PAT) and is expected to resume growth in H1 FY27. Key risks include geopolitical tensions (West Asia conflict) impacting MSME and CV segments, though management noted no material stress yet. The company remains on track to achieve its FY28 ROA target of 2.5-2.7%.