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Earnings Call

CreditAccess Grameen Earnings Call: Key Takeaways

CreditAccess Grameen delivered a strong Q4 FY26 recovery with AUM growing 14% YoY, despite a write-off impact, signaling a pivot toward diversified retail finance and deeper rural penetration.

Why this was an Alfa AlertResults were largely in line with annual growth guidance despite a marginal ROE/ROA miss due to conservative ECL provisioning.
Highlights
Revenue growthAUM grew 14% YoY; disbursements up 24.1% for the full year.
MarginsNIM improved 35bps QoQ to 14.2%; cost of borrowing fell.
Demand visibilityStrong; targeting 23.5 crore low-to-middle income households by 2030.
Management confidenceBalanced; focused on resilience through cycles and conservative provisioning strategies.

Growth

AUM grew 11.4% QoQ; full-year disbursements rose 24.1%. Growth is shifting from microfinance to higher-value retail products.

Outlook

FY27 guidance: 20-25% AUM growth, 12.8-13% NIM, and 3-4% credit costs.

Risks

Higher credit costs (6.74%) and West Asia geopolitical tensions necessitated aggressive 39cr additional ECL provisioning.

Source

Earnings Call filed with BSE, NSE: CREDITACC. Summary written with AI assistance from the document.

Read the document ↗

CreditAccess Grameen Ltd: key numbers

Share price
₹1,298.80
Market cap
₹20,848 Cr
Revenue (annual)
₹6,059 Cr
Net profit (annual)
₹777.6 Cr
P/E (TTM)
17.2×Sector 22.0×
Promoter holding
66.21%-0.03% QoQ
FII holding
13.48%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from CreditAccess Grameen Ltd

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16:18 IST BSE
Debt & Borrowing

CreditAccess Grameen Debt & Borrowing: ₹6.88 Cr

CreditAccess Grameen Ltd has confirmed the payment of interest on its non-convertible debentures. The total interest amount paid is Rs. 6.88 Crore.

Value
₹6.88 Cr
15:47 IST BSE
Debt & Borrowing

CreditAccess Grameen Debt & Borrowing: ₹0.43 Cr

CreditAccess Grameen paid ₹0.43 Crore monthly interest on its Secured NCDs. The Reg 57(1) filing confirms timely payment of ₹43,09,550 on September 21, 2026.

Value
₹0.43 Cr
22:56 IST NSE
Employee Stock Options

CreditAccess Grameen Employee Stock Options

CreditAccess Grameen Limited allotted 33,689 equity shares to 18 employees under its ESOP 2011 scheme. The allotted shares rank pari-passu with existing equity shares.

17:01 IST BSE
Debt & Borrowing

CreditAccess Grameen Debt & Borrowing

CreditAccess Grameen Limited has announced record dates for interest payments on its non-convertible debentures for the quarter October 2026 to December 2026.

15:28 IST BSE
Debt & Borrowing

CreditAccess Grameen Debt & Borrowing: ₹1.92 Cr

CreditAccess Grameen confirmed payment of interest on Non-Convertible Debentures issued through its Public Issue Tranche II. This is a routine regulatory compliance disclosure.

Value
₹1.92 Cr
18:15 IST BSE
Employee Stock Options

CreditAccess Grameen Employee Stock Options

CreditAccess Grameen Limited has allotted 30,135 equity shares to 20 employees under its Employee Stock Option Plan. These shares rank pari-passu with existing equity.