| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 1.5K | 4.0% |
| Total Income | 1.5K | 4.0% |
| Expenditure | 1.4K | 1.9% |
| PBT | 81.12 | 58.8% |
| Net Profit | 60.19 | 27.5% |
| OPM | 39.49% | 0.89pp |
| NPM | 4.11% | 0.76pp |
| EPS | 3.77 | 27.4% |
CreditAccess Grameen Reports Highest-Ever First Quarter Disbursements, Improved Asset Quality
22 Jul 2025 · 22 Jul 2025, 05:32 pm
Summary
CreditAccess Grameen Limited, the country’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), announced its unaudited and limited reviewed financial performance for the first quarter of the financial year 2025-26. The company reported a 21.9% YoY increase in disbursements, healthy new borrower addition, and improved asset quality.
Key Highlights
- 1
Q1 FY26 disbursements increased by 21.9% YoY from INR 4,476 crore to INR 5,458 crore
- 2
Healthy new borrower addition of 2.16 lakh with 43% being New-to-Credit (NTC)
- 3
Branch network grew by 7.0% YoY from 1,976 to 2,114 branches
- 4
Employee base grew by 8.5% YoY from 19,659 to 21,333
- 5
AUM was sequentially stable at INR 26,055 crore
- 6
PAR 0+ decreased from 6.9% in Q4 FY25 to 5.9% in Q1 FY26
- 7
Collection efficiency (incl .arrears) of 94.1% in Jun-25, improved from 93.0% in Mar-25
- 8
Retail Finance Portfolio grew by 134.1% YoY from INR 761.8 crore to INR 1,783.5 crore
- 9
Total income improved sequentially to INR 1,463.6 crore
- 10
Profit Before Tax (PBT) improved sequentially by 58.8% from INR 51.1 crore to INR 81.1 crore
- 11
Profit After Tax (PAT) improved sequentially by 27.5% from INR 47.2 crore to INR 60.2 crore, resulting in ROA of 0.9% and ROE of 3.4%
- 12
Robust liquidity of INR 2,025 crore of cash, cash equivalents, and investments, 7.3% of total assets
- 13
Healthy capital position with a CRAR of 25.5%
Management Comments
Mr. Ganesh Narayanan
Chief Executive Officer and Managing Director (Designate) of CreditAccess Grameen
We have commenced FY26 with a positive business momentum, setting the tone for the year ahead. Our Q1 FY26 performance reflects progress across all key dimensions of the business with the highest-ever first-quarter disbursements of INR 5,458 crore. We witnessed a broad-based decline in monthly new delinquency rate across all operating geographies, reducing to 0.46% in June 2025, from 1.34% in November 2024 supported by stable manpower, disciplined customer engagement and consistent reduction in customer leverage. Our growing workforce, with employee count rising from 20,970 in March 2025 to 21,333 in June 2025, while maintaining a controlled annualised attrition rate of 27.1% for Q1 FY26, has translated into improved customer servicing and supporting our asset quality outcomes. At the same time, our liability profile saw robust traction where we raised INR 2,570 crore, including partial drawdowns from USD 100 million multi-currency syndicated social loan facility comprising of JPY and USD denominated commitments. This landmark deal with participation from leading lenders from South Asia and Far East, was priced competitively at par with domestic borrowings and below our average cost of borrowing. On the diversification front, the share of our Retail Finance portfolio, the strategic growth lever, increased YoY from 2.9% CreditAccess°® Grameen to 6.8% of the AUM. The outlook for FY26 remains encouraging, with favourable monsoon forecasts and strengthening rural sentiment, laying the groundwork for sectoral revival.
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