CreditAccess Grameen (CREDITACC) investor relations material

Executive summary

• Q1 FY27 delivered robust growth with AUM up 16.4% year-over-year to INR 30,319 crore and PAT surging 720% year-over-year to INR 493 crore, reflecting strong business momentum and normalized asset quality.

• Added 2.5 lakh new borrowers, 35% new to credit; digital collections rose to 24.2% of total collections.

• Retail finance book increased to 20.6% of AUM, up 250 bps sequentially, with a strategic focus on digital transformation and customer lifecycle engagement.

• Opened 42 new branches, expanding the network to 2,276 branches across 457 districts and 16 states.

• Board approved unaudited financial results and significant fund-raising through public and private NCDs up to ₹3,000 crore.

Financial highlights

• Net interest margin stood at 14.4% for Q1 FY27; Net Interest Income rose 24.2% year-over-year to INR 1,164 crore.

• Cost to income ratio was 29.3%; PPOP grew 33.6% year-over-year to INR 873 crore.

• PAT surged 720% year-over-year to INR 493 crore, with ROA at 5.9% and ROE at 24.4%.

• Gross NPA at 2.18%, net NPA at 0.76%, and PAR 90 at 1.46%, all showing sequential improvement.

• Standalone and consolidated revenue from operations for Q1 FY27 was ₹1,783.49 crore, up from ₹1,462.89 crore in Q1 FY26.

Outlook and guidance

• Maintains medium-term guidance of INR 50,000 crore AUM by calendar year 2028; FY27 guidance includes AUM growth of 20–25%, NIM of 12.8–13.2%, credit cost of 3–4%, ROA of 4–4.8%, and ROE of 16–20%.

• No current plans to revise guidance; will reassess after observing another quarter.

• Board approved fund-raising through public issue of NCDs up to ₹2,000 crore and private placement up to ₹1,000 crore.

• Project "Shakti" targets 20–25% AUM CAGR, 8–10% customer CAGR, and sustainable ROA/ROE of 4–4.5%/18–20%.

• Pricing benefit to customers may be considered in H2 FY27 if asset quality holds.