Result:Good#Margin squeeze
| Metric | Value (₹ Cr) | Q4 FY26 | Q1 FY26 |
|---|---|---|---|
| Revenue | 12.53 | 4.6% | 27.7% |
| Total Income | 12.53 | 4.5% | 27.7% |
| Expenditure | 9.81 | 4.4% | 29.9% |
| PBT | 2.71 | 4.8% | 20.6% |
| Net Profit | 2.04 | 9.2% | 21.0% |
| OPM | 98.37% | 7.01pp | 0.52pp |
| NPM | 16.27% | 0.69pp | 0.90pp |
| EPS | 1.88 | 8.7% | 20.5% |
Revenue grew a healthy 27.7% YoY and adjusted PAT grew 21% on core lending/broking business with no one-offs, but the expense ratio rose faster than income (NPM slipped 17.2%→16.3%), capping this at good rather than very_good.
Informational and educational content only. Not investment advice.