Strong Profitability with ₹184 Crore PAT in Q1FY27 vs. a loss of ₹224 Crore in Q1FY26

ROA and ROE for Q1FY27 at 1.18% and 11.76% respectively

Gross Advances grew by 27% YoY and 3% QoQ

Overall Disbursements at ₹6,784 Crs, growth of 93% YoY

Deposits grew by 10% YoY & 5% QoQ, CASA at 25% 

1. Key Highlights:

• Gross advances grew by 27% YoY and 3% QoQ supported by robust disbursements across verticals. Non MFI book grew 22% YoY, led by 24% growth in HF, 28% in MSE and 179% in Gold Loan over previous year.
• Overall deposits grew by 10% YoY & 5% QoQ. 

2. Business Highlights:

• Overall Disbursements at ₹6,784 Crore in Q1FY27, a growth of 93% YoY and a decline of 8% QoQ
• Our Flagship Product Small Business Loans (SBL) grew by 15% YoY. BL advances, a part of SBL, has grown 32% YoY contributing 34% of the overall SBL portfolio.
• Used Car and Used CV Advances have registered a growth of 30% YoY and 25% YoY respectively.
• CASA ratio at 25%.
• Cost of Funds increased by 11 bps to 7.05% in Q1FY27 from 6.94% in Q4FY26     

1. Key Ratios:

• NIM for the quarter stood at 7.24%, marginally declined by ~12 bps QoQ
• Cost to Income ratio stood at 68.38% in Q1FY27 as compared to 67.52% in Q4FY26 and 70.62% in Q1FY26

1. Capital:

• Networth of the Bank stands at ₹6,367 Crore
• As of June 30, 2026, Total CRAR at 19.44% | Tier I at 16.01% and Tier II at 3.43%      

1. Treasury & Liquidity:

• The Bank’s Certificate of Deposit (CD) programme has highest rating at A1+ from India Ratings, CareEdge Ratings & CRISIL
• Liquidity Coverage Ratio (LCR) as on 30.06.2026 is 178.46%
• Other Income: Income from Investments (including MTM & dividend) for the quarter is ₹31 Crore

3. Profit & Loss:

• Net Income for Q1FY27 grew by 19% YoY and 3% QoQ and Total Opex grew by 16% YoY and 5% QoQ
• The bank reported a quarterly PAT of ₹184 Crore, compared to a loss of ₹224 Crore in Q1FY26.

4. Asset Quality & Provisions:

• GNPA reduced by 13 bps QoQ at 2.36% in Q1FY27 as compared to 2.49% in Q4FY26; including securitization book, GNPA would stand at 2.31%
• NNPA increased by 2 bps QoQ to 0.70% in Q1FY27 as compared to 0.68% in Q4FY26
• PCR remains stable at 71.02% (86.96% Including technical write-offs)
• Net Slippages at 1.43% in Q1FY27, the second-lowest among first quarters over the last five years.
• Credit Cost declined significantly to 1.37% in Q1FY27 as compared to 6.48% in Q1FY26.

Note: For the calculation of GNPA and NNPA ratios, Gross Advances include IBPC exposures and exclude advances sold through Securitisation and Direct Assignment transactions.