Shares of Satin Creditcare Network rose as much as 3.74% to hit an intraday high of ₹236.90 on Wednesday after the company released its business update for Q2FY27. According to reports from The Economic Times, the stock gained 3.74% following the strong quarterly performance announcement. The stock is currently trading at a price-to-earnings (P/E) ratio of 6.16 and a price-to-book (P/B) ratio of 0.88.
The company maintained its growth trajectory despite seasonal softness typically seen in the second quarter. Consolidated assets under management (AUM) stood at around ₹16,600 crore as of September 30, 2026, up approximately 31% year-on-year from ₹12,687 crore a year earlier. On a sequential basis, consolidated AUM increased from ₹15,935 crore as of June 30, 2026. Notably, the share of non-MFI business in the standalone portfolio increased to 20% from 15% a year ago and 19% in the previous quarter, indicating successful diversification efforts.
Consolidated disbursements during the first half of FY27 stood at ₹7,192 crore, registering a 48% year-on-year increase from ₹4,868 crore in H1 FY26. During Q2 FY27, consolidated disbursements increased 41% year-on-year to ₹3,697 crore, compared with ₹2,626 crore in the corresponding quarter last year. On a sequential basis, disbursements rose from ₹3,495 crore in Q1 FY27. Standalone disbursements rose 36% year-on-year to ₹6,109 crore from ₹4,487 crore, while standalone disbursements in Q2 FY27 stood at ₹3,101 crore, up 28% year-on-year from ₹2,421 crore and higher than ₹3,008 crore in the previous quarter.
Satin Creditcare Network reported an improvement in asset quality, with standalone gross non-performing assets (GNPA) declining to 1.9% as of September 30, 2026, from 3.5% a year earlier, an improvement of 158 basis points. As reported by The Economic Times, the company also maintained strong collection efficiency with X-Bucket collection efficiency standing at around 99.8% in Q2 FY27.
The company added approximately 1.9 lakh new borrowers during the quarter, taking its total standalone client base to 33.3 lakh. According to the business update, Satin Creditcare Network also added 39 new branches during Q2 FY27, taking its standalone branch network to 1,876. Its standalone employee strength increased 8% year-on-year to 16,535. The business update numbers are provisional as noted in the company's disclosure.
