NSE
BSEThe Quarter story
The two most recent quarterly results, compared side-by-side.
Asset quality strengthens and risk profile improves as the portfolio ages, though growth slows and margins face pressure.
90+ PAR dropped from 7.89% to 2.71% from Q1 FY26 to Q1 FY27 — recovery efforts are significantly reducing overdue loans.
Total AUM declined from ₹918 Cr to ₹832 Cr from Q1 FY26 to Q1 FY27 — portfolio runoff is outpacing new lending.
Secured AUM mix rose from 49% to 69% from Q1 FY26 to Q1 FY27 — the portfolio is shifting toward collateral-backed lending.
Net interest margin slipped from 14.36% to 12.3% from Q1 FY26 to Q1 FY27 — pricing competition is squeezing profitability.
Disbursement share for loans over ₹10 Lakhs surged from 5.4% to 34.5% from Q1 FY26 to Q1 FY27 — focus is moving to higher-value customers.
Pre-provisioning operating profit fell from ₹8.77 Cr to ₹2.43 Cr from Q1 FY26 to Q1 FY27 — core earnings are under pressure.
Credit cost fell from 3.65% to 1.02% from Q1 FY26 to Q1 FY27 — lower provisioning needs are easing the bottom line.
New-to-credit AUM share dropped from 22% to 19% from Q1 FY26 to Q1 FY27 — acquisition of first-time borrowers is slowing.
CRAR recovered from 26.68% to 28.65% from Q3 FY26 to Q1 FY27 — the balance sheet maintains a strong regulatory buffer.
Branch count reduced from 163 to 149 from Q1 FY26 to Q1 FY27 — physical footprint optimization may limit future reach.
