Suryoday Small Finance Bank LimitedSuryoday SFB: Q2 advances +34.6%, GNPA 2.9%, PAT ₹76.5 Cr

Suryoday Small Finance Bank's Q2 FY27 call, held on 30 October 2026, reported gross advances including IBPC of ₹14,972 crore, up 34.6%, deposits up 35% to ₹16,184 crore and profit after tax of ₹76.5 crore.

Gross NPA fell to 2.9% from 6.5% in June after ₹387 crore of CGFMU claims and write-offs and settlements of legacy stressed loans. Net interest income rose 42.8% to ₹368.8 crore, NIM was 7.2% and net total income rose 46.5% to ₹495.3 crore as the credit line on UPI business scaled up. The CGFMU credit guarantee cover has not yet opened for loans disbursed since April, about ₹1,000 crore to ₹1,100 crore is exposed to drought-hit districts, and capital adequacy is 19.37% with another ₹200 crore of Tier 2 capital planned.

The bank will not onboard new-to-credit customers in the drought-hit districts this year. Management kept its guidance of 30% to 35% advances growth, an exit ROA of 1.4% to 1.5% and PAT of about ₹300 crore, and plans about 50 new branches.