FY26 was a year the Indian economy navigated with quiet resilience. Rural demand held up, government capital spending continued, and the RBI’s decision to begin cutting rates after a prolonged pause signalled a shift in the macro environment that we believe benefitted borrowers and credit growth in the months ahead. The MSME segment was a bright spot, with business activity picking up, cash flows improving, and appetite for formal credit growing. This is a segment we have been steadily building over the years. Against that backdrop, I am genuinely pleased with how Capital SFB performed. We grew advances by 20.9% to ₹8,687 crore, deposits crossed ₹10,000 crore, and Q4 disbursements stood at ₹919 crore. What gives me particular satisfaction is that this growth came without compromising quality. GNPA improved to 2.54%, NNPA to 1.24%, against GNPA of 2.68% and NNPA of 1.35% at the end of Q3 FY26 and also better than a year ago. Our MSME book, which we have been patiently building, grew to ₹2,209 crore, registering a YoY growth of 46.1%, reflecting both sector tailwinds and the trust our Bank has earned on the ground. Our zero exposure to direct unsecured microfinance enabled us to remain ring-fenced from sector-specific challenges. On the earnings — our Pre-Provision Operating Profit for FY26 stood at ₹218 crore with YoY growth of 16.6% and the fourth quarter ₹62 crore with YoY growth of 28.2% Y-o-Y basis. The quarterly net profit for March 2026 record at ₹40.1 crore, up 17.0% over March last year. That kind of exit run rate tells me the operating engine is in good health. Total income for the year was ₹1,149 crore, profit after tax ₹141.4 crore (net of one-time exceptional charge of ₹5.13 crore on account of the Labour Code change impact). Our Net Interest Margin for the full year averaged 4.04% and rose to 4.06% in Q4, which tells me our margins are scaling up and asset mix are working efficiently. ROA improved to 1.33% in Q4 and our operating margins improved to more than 2% — that is the operating leverage of a scaled franchise beginning to show up in real terms. Ten years as India’s first Small Finance Bank. Twenty-six years as a Banking Institution. The opportunities ahead are larger than the one behind us. We enter into FY27 with CRAR at 22.31% and Net Worth at ₹1,449 crore — a balance sheet that is both resilient and roaring. We enter in with a stable, low-cost deposit base, a ~98% secured advances portfolio and 26 years of experience, deep customer connects and a personalized approach. We are not in a rush but we have clear and ambitious vision about where we are heading.