Akme Fintrade Reports Strong Q1 FY27 Performance; AUM Reaches Rs. 965 Crore
Akme Fintrade (India) Limited has reported robust unaudited financial results for the first quarter of fiscal year 2026-27, driven by steady growth in key metrics and a disciplined focus on MSME and vehicle lending segments. The company announced these results following its Board meeting held in Udaipur on July 29, 2026.The company’s Assets Under Management (AUM) grew to Rs. 965.07 crore as of June 30, 2026, marking a substantial 42.96% year-on-year growth from the Rs. 675.05 crore reported in Q1 FY26.
Financial highlights for the quarter include significant increases in income streams:
- Gross Interest Income rose to Rs. 41.07 crore, up 34.17% year-on-year (YoY), compared to Rs. 30.61 crore in Q1 FY26.
- Net Interest Income (NII) increased to Rs. 23.57 crore, representing a 22.25% YoY growth over the Rs. 19.28 crore recorded in Q1 FY26.
- Profit After Tax (PAT) reached Rs. 11.57 crore for the quarter ended June 30, 2026, reflecting a 20.40% YoY increase from the Rs. 9.61 crore achieved in Q1 FY26.
The company also noted operational milestones and strong financial resilience during the period. The Capital Adequacy Ratio (CAR), including Tier II Capital, stood at 46.37% as of June 30, 2026, with a Tier I Capital ratio of 45.54%. Net Interest Margin (NIM) was recorded at 11.77%. Furthermore, Earnings Per Share (EPS) increased to Rs. 0.27 for the quarter, up 17.39% YoY from Rs. 0.23 in Q1 FY26.
Disbursements during the quarter were reported at Rs. 84.10 crore, a 19.46% increase compared to the Rs. 70.40 crore disbursed in the corresponding period last year.
A detailed look at the financial performance across key metrics is presented below:
| Particular | Q1 FY27 (Rs. Crore) | Q1 FY26 (Rs. Crore) | Y-o-Y (%) |
|---|---|---|---|
| Disbursements | 84.10 | 70.40 | ↑19.46% |
| Gross Interest Income | 41.07 | 30.61 | ↑34.17% |
| Net Interest Income | 23.57 | 19.28 | ↑22.25% |
| Credit Cost | 0.31% | 1.22% | ↓91 BPS |
| Profit After Tax (PAT) | 11.57 | 9.61 | 20.40% |
| GNPA | 2.91% | 2.92% | ↓1.00 BPS |
| NNPA | 1.41% | 1.42% | ↓1.00 BPS |
CEO Commentary and Future Outlook
Akash Jain, CEO of Akme Fintrade, commented on the results, stating that the company achieved a robust performance in the first quarter of FY 2026-27 while navigating a dynamic economic environment. He attributed the strong results to their focused strategy targeting MSME and vehicle lending segments, supported by disciplined execution and a deep presence in Rural and Semi-Urban areas.
The CEO noted that despite macro headwinds such as elevated fuel costs and geopolitical tensions in the Middle East, the company maintained robust asset quality through disciplined risk management.
In terms of strategic development, Akme Fintrade introduced Akme GreenX, a dedicated program aimed at providing financing support for green and sustainable initiatives, including clean mobility and energy-efficient assets. Looking ahead, the CEO indicated that improved credit ratings and efforts to raise funds have strengthened the balance sheet, enabling continued support for MSMEs and individuals seeking vehicle ownership while expanding into sustainability financing.
Akme Fintrade (India) Limited is an NBFC, incorporated in 1996. The company provides lending solutions primarily through Vehicle Finance and Business Finance Products tailored for small business owners and individuals in rural and semi-urban geographies.
AFIL Stock Price Movement
Akme Fintrade (India) Limited shares slip by 1.81% as of 3:15 PM, trading at ₹9.21 after shedding ₹0.17 from previous trading levels. The equity is currently supported by a volume of 166,972 shares, remaining well above the day's low of ₹9.14.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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