Microfinance Institutions company Satin Creditcare Network announced Q1FY26 results Capital Adequacy and Liquidity: Capital base is strong with a capital adequacy ratio of 26.0% as on Jun’25. Book Value per share at Rs 233 on a consolidated basis. The Company continues to maintain a healthy balance sheet liquidity of ~Rs 2,000 crore and has undrawn sanctions of ~Rs 400 crore as on 30th June 2025. Borrowing Profile: Total borrowings stood at Rs 8,328 crore as on 30th June 2025. Debt-to-equity ratio as on 30th June 2025 stood at 2.9x. 69% of our borrowings are from banks, followed by overseas funds at 17%, NBFCs at 4% and DFIs at 10%. The mix of funding source stood at 75% and 25% for domestic and foreign respectively. The Company has a diversified and large lender base of 71 active lenders. Asset Quality: ???????On-book Gross Non-Performing Assets stood at 3.7% amounting to Rs 324 crore. On-book provisions amounting to Rs 316 crore as on 30th June 2025, which is 3.6% of onbook portfolio. Provisions required as per RBI is Rs 177 crore. Temporary rise in delinquencies is attributed to the cyclical nature of Q1 on account of harvesting, heatwaves and heavy rains, further highlighted due to reduction in AUM resulting from subdued disbursements. During Q1FY26, collection against write-offs were Rs 8 crore HP Singh, Chairman cum Managing Director of Satin Creditcare Network, said: “We have commenced the financial year with firm steps and on an encouraging note, maintaining consistent momentum and delivering steady performance across all key parameters. The biggest testament is that despite sectoral challenges, we have recorded our 16th consecutive profitable quarter with PAT standing at Rs 45 crore on consolidated basis. Our AUM grew by 6.8% YoY to Rs 12,499 crore. We also maintained steady disbursement momentum, with Rs 2,242 crore disbursed on a consolidated basis, up by 6.0% YoY. Our focus on diversification continues to be a key pillar of our strategy. From microfinance we added affordable housing and MSME lending to our bouquet and then moved beyond financial services to provide offerings in technology. We are addressing a wide spectrum of credit needs for underserved communities, steadily expanding our impact beyond traditional microfinance, and then enriching it further with technology services. We are now looking forward to establishing an AIF debt Fund under Satin Growth Alternatives, aimed at improving access to capital for underserved MSMEs, with a strong focus on women-led enterprises. This marks another important step toward building a more inclusive financial ecosystem. As an institution with vision, we remain confident in our long-term impact and potential. Looking ahead, we are targeting a reduction in credit costs compared to FY25, where it stood at 4.6%. While staying mindful of the evolving environment, we are committed to strengthening both our financial and non-financial performance through disciplined execution, deeper field engagement, and a continued focus on serving our customers responsibly and sustainably.” Result PDF
Microfinance Institutions company Satin Creditcare Network announced Q4FY25 & FY25 results Financial Highlights: Consistency in disbursement on a QoQ basis, leading to growth in AUM of 5% QoQ & 7% YoY. The disbursement during the year surpassed FY24 levels, marking a continued upward trajectory from an already robust year for the microfinance sector. PAT for Q4FY25 stood at Rs 41 crore; reported 15 consecutive profitable quarters despite sector headwinds. Sustained PAR reversal from Nov’24 onwards; PAR 1 declined by 192 bps to 4.9% as of March 2025 from 6.8% in September 2024. Industry (NBFC-MFIs excluding Satin) PAR 1 stood at 16.9% as on Mar’25. Positive reversal in PAR 90, reflecting our success in arresting forward flows driven by strong client engagement and robust risk management. 0 dpd collection efficiency for the month of Mar’25 stood at 99.8%. Credit cost for FY25 was contained at 4.6%, within the guided range of 4.5%–5.0%. Raised Rs 7,742 crore during FY25; maintaining healthy liquidity. Successfully raised USD 100 million syndicated social term loan via External Commercial Borrowing, further diversifying our lender base. Received “SQS2” Sustainability Quality Score from Moody’s Ratings for Social Financing Framework; among the highest ratings awarded within the BFSI sector. Implemented Guardrails 2.0 effectively; cap on number of microfinance lenders to three and have aligned our internal policies and processes accordingly. Stable and competent management team; more than 9+ years of average vintage of core team in the Company Capital Adequacy and Liquidity: Our capital base is strong with a capital adequacy ratio of 25.9% as on 31 st March’25. Book Value per share at Rs 230 on a consolidated basis. The Company continues to maintain a healthy balance sheet liquidity of Rs 1,217 crore as on 31st March’25 and has undrawn sanctions worth Rs 1,243 crore as on date. Borrowing Profile: Total on-book borrowings stood at Rs 7,887 crore as on 31st March’25. Debt-to-equity ratio as on 31st March’25 stood at 2.77x. 63% of our borrowings are from banks, followed by overseas funds at 20%, NBFCs at 10% and DFIs at 6% . 65% of the borrowing is on floating rate. The Company has a diversified and large lender base of 79 active lenders. Added 14 lenders in FY25 Asset Quality: On-book Gross Non-Performing Assets stood at 3.7% amounting to Rs 323 crore. HP Singh, Chairman cum Managing Director, Satin Creditcare Network, said: “Marked by resilience, recalibration and responsible growth, FY25 was a year that demanded a realignment of focus and the ability to remain steady amid the uncertainty. Despite an industry environment marked by volatility and policy transitions, Satin delivered stable performance across all key metrics, emerging as one of the top performers in the industry. This outcome is a result of our long-term, future-ready approach — rooted in sustainability, guided by vision and driven by disciplined execution. In Q4FY25, we delivered our 15th consecutive profitable quarter, recording a PAT of Rs 41 crore. For the full financial year, our standalone PAT stood at Rs 217 crore. We’re also pleased to report that our performance remained closely aligned with our stated guidance. Year-on-year AUM growth stood at 7%, while credit cost for FY25 was well-managed at 4.6% — comfortably within the guided range of 4.5% to 5.0%. FY25 was undoubtedly more challenging than the strong year we saw in FY24. So, for us to surpass our previous year’s disbursement levels is a big win. It speaks volumes about our structural strength and consistent execution. As we step into the new financial year, we do so with a sense of satisfaction, determination, thoughtful reflection, and a continued focus on long-term value creation.We move forward with confidence, staying true to our mission and optimistic about the road ahead. We will continue to build on our strengths, sharpen our strategies, and stay committed to the vision that drives us.” Result PDF