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