Tata Capital (TATACAP) Q1 26/27 (Media) earnings summary

Executive summary

• Q1 FY 2027 saw robust growth, supported by strong macroeconomic fundamentals and healthy credit demand across sectors.

• Entered the gold loan business to diversify the retail lending portfolio, leveraging Yog Loans' expertise; board approved acquisition of Yogakshemam Loans Limited, to become a subsidiary upon regulatory approval.

• Successfully raised $400 million via an oversubscribed international bond issuance, strengthening funding diversity.

• Continued investment in technology and AI, driving operational efficiency and customer experience.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with limited review reports carrying unmodified opinions.

Financial highlights

• Assets under management (AUM) reached INR 291,000 crore, up 22% year-over-year and 5% sequentially.

• Consolidated net profit attributable to owners for Q1 FY27 was ₹1,547.38 crore, up from ₹989.89 crore in Q1 FY26.

• Standalone revenue from operations for Q1 FY27 was ₹6,334.12 crore, up from ₹5,574.66 crore in Q1 FY26.

• Tata Capital Housing Finance AUM rose 24% year-over-year to INR 89,416 crore; PAT up 29% to INR 532 crore.

• Basic and diluted EPS (consolidated) for Q1 FY27 stood at ₹3.65, up from ₹2.48 in Q1 FY26.

Outlook and guidance

• Expect continued growth, supported by strong domestic demand and investment activity.

• Guidance for FY 2028 remains on track, with focus on high-margin products and improving operating leverage.

• Monitoring inflation, geopolitical risks, and monsoon-related uncertainties.

• IPO proceeds primarily allocated to augment Tier-I capital for future growth and lending.