Dar Credit & Capital Ltd — Q4 FY26
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).
bullish
medium
Financial stats pending filing verification
Claim Ledger
Did management answer the analysts?
Every material analyst question, graded on whether management actually answered it — with the verbatim exchange and quantitative claims checked against filed numbers.
64%Questions answered3Evaded / deflected11Questions audited
Partial answer
High priority
Vision for FY27 growth across loan segments
Asked by Priyan Sharma, individual investor
Management stated focus but gave no quantitative growth targets.
no specific growth targets given
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Question
What is the vision for FI27 in next few years like which portfolio which segment is going to get more growth?
Management (not named)
Our primary focus will be in the secured loan port secured MS portfolio.
Answered
Medium priority
Branch addition plans for FY27
Asked by Priyan Sharma, individual investor
Management gave a specific range of 5-7 branches.
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Question
How many branches we are looking to add in FI2 as well as FI2?
Management (not named)
We are planning for another five to seven branches and big drives in the new areas of the existing branches.
Partial answer
High priority
Guidance on AUM and ROC for FY27
Asked by Priyan Sharma, individual investor
Management gave AUM guidance but did not address ROC.
no ROC guidance given
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Question
Any like guidance you would like to give on as well as the roc numbers for f27
Management (not named)
25 we are already almost 230 30 crores and we are planning for around 260 to 275 in the coming years.
Answered
High priority
Split of secured vs unsecured lending and trend
Asked by Manish, 1729 capital
Management provided specific percentages for each category.
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Question
Can you guys just help me with the split of how much of the lending is secured versus unsecured and how does that trend change?
Management (not named)
35% of my overall portfolio... secured MSN consist of around 30%... balance is the unsecured one.
Answered
Medium priority
Measures to keep GNPA low for unsecured loans
Asked by Manish, 1729 capital
Management explained underwriting process in detail.
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Question
What measures do you keep in mind in order to make sure that the GNP NP numbers are low for unsecured?
Management (not named)
We basically try to understand the borrower's business and also his household... we calculate the fire and if it fits within the 50% of the income.
Answered
Medium priority
Provision percentage maintained for unsecured loans
Asked by Manish, 1729 capital
Management stated 100% provisioning for NP loans.
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Question
What kind of provisions do we maintain like what percentage of provisions do we maintain for so basically we we maintain the 100%
Management (not named)
We maintain the 100% provisions for the unsecured loans closure for the NP loans okay as as per the RA guidelines.
Answered
Low priority
Reason for two different software systems
Asked by Mayor Kmar, Kmart family office
Management explained historical reasons and plan to unify.
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Question
Why two different systems and not a single integrated system?
Management (not named)
Personal loan was maintained in Arise money software... after we started the MSM segment in 1998 the VJI has come into operation.
Evasive
Medium priority
Impact of government credit line guarantee scheme
Asked by Niawa, Ben Avenue growth fund
Management said not applicable but gave vague indirect benefits.
no specific impact quantified
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Question
How do you see that going ahead and how does it impact us in a positive or a negative way?
Management (not named)
These credit lines which the government has launched recently are not applicable to us but indirectly... it will be more profitable.
Evasive
High priority
Major growth drivers for next couple of years
Asked by Niawa, Ben Avenue growth fund
Management listed generic factors without quantification.
no specific drivers or numbers
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Question
What are going to be the major growth drivers for us?
Management (not named)
We will be maintaining this growth plan... opening of the new branches... increasing of the secured loans.
Answered
Medium priority
Personal loan segment reaching saturation
Asked by Nata Singh, Ahab
Management explained steady nature and no saturation.
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Question
Is this segment reaching any saturation or is there any diversify you you are just looking up?
Management (not named)
No ma'am we are not diversifying or we are not putting any break on the personal loan segment... it demands a very steady growth.
Answered
Medium priority
Plans to enter new states like UP, Maharashtra
Asked by Nata Singh, Ahab
Management clearly stated no new states for now.
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Question
Do you have any plans to enter states like UP, Maharashtra or Tamil Nadu?
Management (not named)
We want to consolidate these areas... not to enter any new state right now.
Evasive
Medium priority
Business generated from BC partnership and plans for more
Asked by Nata Singh, Ahab
Management did not quantify business generated.
no business volume disclosed
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Question
How much business has this channel generated so far? And are there any plans to add more VC partnership?
Management (not named)
The BC partnership... is now operating slowly but... not any at this moment we are going for any new business arrangement.