SATIN CREDITCARE NETWORK LIMITEDQ2 PAT ₹176 Cr (+231%), GNPA 1.9%, AUM ₹16,589 Cr

Satin Creditcare's Q2 FY27 call, held on 29 October 2026, reported consolidated profit after tax of ₹176 crore, up 231% on the year and 43% on the quarter, with standalone profit of ₹172 crore.

First-half standalone profit of ₹292 crore was the highest ever and close to the ₹302 crore earned in all of FY26. Consolidated AUM reached ₹16,589 crore, up 31%, and Q2 disbursements rose 41% to ₹3,697 crore. Asset quality improved sharply: standalone gross NPA fell to 1.9% from 3.5% a year ago, H1 slippages dropped 68% to ₹103 crore and provision coverage rose to 133%. Management lifted its overlay from ₹36 crore to ₹50 crore, absorbing about 100 basis points of ROA, with adjusted consolidated ROA of 5.5% and ROE of 27.7%.

It kept FY27 guidance of 20% to 25% AUM growth, though H1 growth was 9%, a credit cost of 3% to 3.5% against 2.8% so far, and a stable net interest margin near 14.5%. The target of ₹32,000 crore of AUM by 2030 is unchanged.