ESAF Small Finance Management Guidance Tracker
8 forward-looking guidance items tracked across 2 quarters.
Growth
Management expects loan book growth of around 25% in FY27, up from ~15% in FY26.
Q4 FY26ROA target of 2% by FY28TrackedManagement expects to achieve a return on assets of 2% by FY28, with traction visible in the next two quarters.
Q4 FY26Loan growth of 20-25% on steady-state basisActiveThe bank expects annual loan growth of 20-25%, excluding IBPC sales, supported by network leverage.
Margins
With the current portfolio mix, normalized credit cost is expected to be in the range of 2-3%.
Q3 FY26Steady-state ROA of 1.5-2% by FY28TrackedROA is expected to stabilize at 1.5-2% on a steady-state basis, with full impact by FY28.
Q4 FY26Steady-state credit cost of 2% by FY28TrackedCFO guided that normalized credit cost will be around 2% from FY28 onwards, as legacy provisioning clears.
Expansion
The bank targets to increase secured portfolio share to 70% by March 2027, from 60% currently.
Q4 FY26Secured asset mix target of 70% by March 2027TrackedManagement reiterated the goal to increase secured loan share to 70% by end of FY27, up from 61% currently.