Quarterly Result30 Apr 2026, 10:03 pm
ESAF SFB Q4 FY26 Operating Profit up 166.1% YoY; Net Profit ₹24 Cr
AI Summary
ESAF Small Finance Bank reported a net profit of ₹24 crore for Q4 FY26, a significant turnaround from a loss of ₹183 crore in Q4 FY25. Operating profit surged by 166.1% year-on-year to ₹241 crore. The bank's total business grew 14.8% to ₹48,276 crore, with gross advances up 19.4% to ₹22,426 crore and deposits increasing 11.1% to ₹25,850 crore. A key driver was the successful MARG strategy (MSME, Agri, Retail, Gold loans), leading to secured assets constituting 61% of gross advances. Asset quality improved, with Gross NPA reducing to 5.4% and Net NPA to 1.8%. Gold loans grew 54.5% YoY, while the microfinance portfolio moderated. Net Interest Income rose to ₹518 crore, and Net Interest Margin improved to 6.4%.
Key Highlights
- Q4 FY26 net profit ₹24 Cr, reversing ₹183 Cr loss YoY.
- Operating profit surged 166.1% YoY to ₹241 Cr.
- Gross advances grew 19.4% to ₹22,426 Cr; deposits up 11.1%.
- Asset quality improved: Gross NPA 5.4%, Net NPA 1.8%.
- Secured assets now 61% of gross advances, driven by MARG strategy.