Consolidated AUM
₹15,174 Cr
+19% YoY
Crossed ₹15,000 Cr milestone; driven by disbursement growth and sector recovery.
SATINCREDITCARENETWORK
Financial Services
15 May 2026
Satin Creditcare Network Limited — Q4 FY26
Satin Creditcare delivered a standout Q4 FY26, with consolidated PAT surging 640% YoY to ₹330 Cr, driven by sharp credit cost reduction (FY26: 3.8%, Q4: 2.5%) and strong AUM growth of 19% to ₹15,174 Cr.
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
Satin Creditcare delivered a standout Q4 FY26, with consolidated PAT surging 640% YoY to ₹330 Cr, driven by sharp credit cost reduction (FY26: 3.8%, Q4: 2.5%) and strong AUM growth of 19% to ₹15,174 Cr. The microfinance sector is healing, and Satin is leading with best-in-class asset quality: standalone GNPA at 3.1% and X-bucket collection efficiency of 99.9%. Management guided standalone AUM growth of 15-20% for FY27 and credit cost of 3-3.5%, while raising the 2030 consolidated AUM target to ₹32,000 Cr (from ₹25,000 Cr). Non-MFI businesses (17% of AUM) are gaining traction, with housing and MSME finance growing rapidly. Key risk: any resurgence of geopolitical or inflation-driven stress could pressure rural demand and asset quality.
Key Numbers
Standalone GNPA
3.1%
-170bps YoY
Improved from ~4.8% in FY25; reflects strong collections and underwriting.
Credit Cost (FY26)
3.8%
-80bps YoY
Improved from 4.6% in FY25; Q4 credit cost further improved to 2.5%.
Non-MFI AUM Share
17%
+3pp YoY
Targeting 30% by 2030; housing and MSME finance growing at 36% and 66% CAGR respectively.
Management Guidance
Standalone AUM growth 15-20% in FY27
Expects standalone AUM to reach ₹14,800-15,100 Cr by March 2027, driven by branch expansion and sector tailwinds.
Management guidance growthCredit cost target of 3-3.5% for FY27
Aims to reduce credit cost further from 3.8% in FY26, supported by improving asset quality and underwriting.
Management guidance marginsConsolidated AUM target of ₹32,000 Cr by 2030
Revised upward from ₹25,000 Cr, reflecting strong growth in non-MFI businesses and core microfinance.
Management guidance growthNon-MFI AUM share target of 30% by 2030
Subsidiaries in housing, MSME, and tech are expected to drive diversification and improve ROA.
Management guidance expansionKey Risks
Geopolitical/inflation impact on rural demand
Rising fuel prices and inflation could squeeze household incomes, potentially affecting loan demand and asset quality.
medium · analyst_questionRegulatory intervention on interest rates
Past RBI commentary on microfinance interest rates could resurface, especially if political pressure builds.
medium · analyst_questionForex volatility impact on reported profits
Foreign currency borrowings and hedging create quarterly swings in treasury income and finance costs, though neutral over time.
low · data_observationNotable Quotes
The numbers speak well, but what I find more meaningful is what they represent. The outcome of our long-term commitment to quality, discipline, and responsible growth built over 35 years and now clearly visible in our performance.
Our sourcing to disbursement ratio of 39% reflects genuine selectivity.
What FY26 ultimately tells us is simple: discipline at the ground level, clarity at the strategy level and patience at the management and board level. This combination wins every single time.
Frequently Asked Questions
What was Satin Creditcare Network's revenue in Q4 FY26?
Satin Creditcare Network reported revenue of ₹3,161 Cr in Q4 FY26, representing a +23% change compared to the same quarter last year.
What guidance did Satin Creditcare Network management give for FY27?
Standalone AUM growth 15-20% in FY27: Expects standalone AUM to reach ₹14,800-15,100 Cr by March 2027, driven by branch expansion and sector tailwinds. Credit cost target of 3-3.5% for FY27: Aims to reduce credit cost further from 3.8% in FY26, supported by improving asset quality and underwriting. Consolidated AUM target of ₹32,000 Cr by 2030: Revised upward from ₹25,000 Cr, reflecting strong growth in non-MFI businesses and core microfinance. Non-MFI AUM share target of 30% by 2030: Subsidiaries in housing, MSME, and tech are expected to drive diversification and improve ROA.
What are the key risks for Satin Creditcare Network in FY27?
Key risks include Geopolitical/inflation impact on rural demand — Rising fuel prices and inflation could squeeze household incomes, potentially affecting loan demand and asset quality.; Regulatory intervention on interest rates — Past RBI commentary on microfinance interest rates could resurface, especially if political pressure builds.; Forex volatility impact on reported profits — Foreign currency borrowings and hedging create quarterly swings in treasury income and finance costs, though neutral over time..
Did Satin Creditcare Network meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Satin Creditcare Network Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.