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Earnings Call

Indostar Capital Finance Earnings Call: Key Takeaways

IndoStar reports FY26 transformation with Net Interest Income at ₹772cr and PAT of ₹130cr. Strategy pivots toward sustainable, high-quality retail lending (Vehicle Finance and Micro LAP) with strengthened underwriting.

Why this was an Alfa AlertManagement explicitly guided for >50% YoY future growth in primary metric: FY29 PAT target of ₹450-500cr implies >240% growth over FY26 PAT of ₹130cr.
Highlights
Revenue growthNII grew 16% YoY to ₹772cr in FY26.
MarginsNIM expanded from 5.6% to 7.8% in FY26 due to lower borrowing costs.
Demand visibilityStrong momentum in used vehicles, passenger vehicles, and Micro LAP segments.
Management confidenceHigh, citing data-driven underwriting and 40% YoY disbursement growth in April-May '26.

Growth

Q4 FY26 disbursements grew 21% YoY to ₹1,306cr. Net Interest Margin improved significantly to 7.8% in FY26.

Outlook

FY29 targets: 35% disbursement CAGR, PAT of ₹450-500cr, and AUM of ₹16,000-17,000cr. Guidance for 2-2.5% credit costs.

Risks

Potential impact of elevated crude oil prices on GDP and borrower cash flows; legacy stressed asset recoveries.

Source

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

Read the document ↗

Indostar Capital Finance Ltd: key numbers

Share price
₹218.64
Market cap
₹3,535 Cr
Revenue (annual)
₹1,393 Cr
Net profit (annual)
₹140.4 Cr
P/E (TTM)
-9.0×Sector 22.0×
Promoter holding
70.36%-0.02% QoQ
FII holding
2.56%Current quarter

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

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18:43 IST BSE
Debt & Borrowing

Indostar Capital Finance Debt & Borrowing: ₹153.5 Cr

IndoStar Capital Finance has successfully completed the full redemption of its NCD series (ISINs: INE896L07983 and INE896L07AC3), amounting to a total payout of ₹153.54 Crore.

Value
₹153.5 Cr
18:42 IST BSE
Debt & Borrowing

Indostar Capital Finance Debt & Borrowing: ₹21.2 Cr

IndoStar Capital Finance has fulfilled its interest payment obligations for several non-convertible debenture series, amounting to a total payout of ₹21.20 Crore.

Value
₹21.20 Cr
13:20 IST BSE
Other Announcement

Indostar Capital Finance Other Announcement

IndoStar Capital Finance Limited has re-appointed Mr. Aditya Hemant Joshi as a Non-Executive Director. The company also appointed S.R. Batliboi & Co. LLP as statutory auditors.

13:20 IST NSE
Management Change

Indostar Capital Finance Management Change

IndoStar Capital Finance Limited appointed S.R. Batliboi & Co. LLP as Statutory Auditor following tenure completion of M S K A & Associates. Aditya Joshi was also re-appointed.

12:59 IST NSE
Annual General Meeting

Indostar Capital Finance Annual General Meeting

IndoStar Capital Finance Limited conducted its 17th Annual General Meeting on September 25, 2026. Shareholders considered financial statements, auditor appointments, and the issuance of Non-Convertible Debentures.

15:26 IST BSE
Employee Stock Options

Indostar Capital Finance Employee Stock Options

IndoStar Capital Finance allotted 14,703 shares to its MD via ESOP exercise under the 2018 plan. Paid-up capital rose to ₹161.67 Crore.