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CreditAccess Grameen Ltd Q2 FY26 Results

CREDITACCQ2 FY26 Results
Filing
MetricValue ( Cr)vs Q1 FY26
Revenue1.5K3.1%
Total Income1.5K3.1%
Expenditure1.3K3.1%
PBT169.16108.5%
Net Profit125.81109.0%
OPM44.01%4.52pp
NPM8.34%4.23pp
EPS7.87108.8%
View full financials

CreditAccess Grameen Q2 FY26 Results: Robust Profitability, Gradual Asset Quality Stabilization

28 Oct 2025 · 28 Oct 2025, 06:23 pm

Summary

CreditAccess Grameen Limited, the country’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), announced its financial performance for the second quarter and first half of the financial year 2025-26. The company reported increased AUM, disbursements, healthy new borrower addition, and improved profitability.

Key Highlights

  1. 1

    Q2 FY26 e AUM increased 3.1% YoY from 25,133 crore to INR 25,904 crore

  2. 2

    Disbursements increased by 32.9% YoY from INR 4,004 crore to INR 5,322 crore

  3. 3

    Healthy new borrower addition of 2.20 lakh with 39% being New-to-Credit (NTC)

  4. 4

    PAR 0+ decreased from 5.9% in Q1 FY26 to 4.7% in Q2 FY26

  5. 5

    Branch network grew by 8.8% YoY from 2,031 to 2,209 branches

  6. 6

    Employee base grew by 10.9% YoY from 19,562 to 21,701

  7. 7

    Collection Efficiency (incl. arrears) of 94.9% in Sep-25, improved from 94.1% in Jun-25

  8. 8

    Retail Finance portfolio crosses INR 2,500 crore mark

  9. 9

    Total income improved sequentially to INR 1,509.0 crore

  10. 10

    Profit Before Tax (PBT) improved sequentially by 108.5% from INR 81.1 crore to INR 169.2 crore

  11. 11

    Profit After Tax (PAT) improved sequentially by 109.0% from INR 60.2 crore to INR 125.8 crore, resulting in RoA of 1.8% and RoE of 7.1%

  12. 12

    Robust liquidity of INR 2,175.5 crore of cash, cash equivalents, and investments, 7.9% of the total assets

  13. 13

    Healthy capital position with a CRAR of 26.1%

Management Comments

M

Mr. Ganesh Narayanan

Managing Director and Chief Executive Officer of CreditAccess Grameen

We reported an improved second-quarter performance, reflecting consistent business momentum. Despite the seasonally weaker nature of the second quarter, the outcome built on the strong trajectory established in Q1 FY26, demonstrates the underlying strength of our business. We continue to add a healthy proportion of new-to-credit customers each quarter, resulting in the portfolio share of unique borrowers rising to 41%.

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