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Earnings Call

Satin Creditcare Network Earnings Call: Key Takeaways

Satin delivered its 18th consecutive profitable quarter with stable asset quality despite industry headwinds. Management is pivoting toward conservative growth and subsidiary diversification to manage risk.

Why this was an Alfa AlertNot a filter event. Performance and growth guidance are within normal ranges.
Highlights
Revenue growthConsolidated revenue up 10% YoY to ₹753 crore in Q3 FY26.
MarginsStable consolidated NIM at 14.25% despite slightly lower gross yields.
Demand visibilityPositive rural outlook supported by good monsoon and rising digital aspirations.
Management confidenceBalanced; cautious on MFI sector but confident in subsidiary diversification strategy.

Growth

AUM grew 7% YoY to ₹11,482 crore; consolidated AUM up 10% with strong subsidiary performance.

Outlook

FY26 credit cost guided to ~4.0% versus 4.6% in FY25; MFI growth target 10-15%.

Risks

Industry-wide microfinance headwinds and high balance sheet liquidity (₹2,283 Cr) are currently dragging on ROE/ROA.

Last quarter's promises, checked

Delivered

  • Guided 10-15% AUM growth → delivered 10% (= BEAT)
  • Guided credit cost reduction from 4.6% → delivered 4.52% 9M FY26 (= BEAT)
  • Guided subsidiary growth 40-50% → delivered 58.4% for Satin Finserv (= BEAT)

Partly delivered

  • Guided credit cost target 4.0% → delivered 4.23% for Q3 (= PARTIAL)
Source

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

Read the document ↗

Satin Creditcare Network Ltd: key numbers

Share price
₹236.65
Market cap
₹2,614 Cr
Revenue (annual)
₹3,143 Cr
Net profit (annual)
₹332.2 Cr
P/E (TTM)
6.4×Sector 22.0×
Promoter holding
36.17%+0.00% QoQ
FII holding
4.88%Current quarter

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

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