CreditAccess Grameen Reports Interim Business Update for March 2026, Highlights Growth Momentum
CreditAccess Grameen Ltd issued its Interim Business Update for March 2026, detailing the company's operational performance and noting continued growth momentum as it looks towards FY27.The company reported several key figures in its operational review. Regarding its overall portfolio, the Gross Loan Portfolio (GLP) reached INR 29,590 Cr in March 2026. This represents a Year-over-Year (YoY) growth of 14% and a Quarter-over-Quarter (QoQ) growth of 11%.
Financial and Operational Highlights
The interim update presented comparative data for GLP and disbursements. The table below summarizes the GLP figures across reporting periods:| Metric | Mar-25 (INR Cr) | Dec-25 (INR Cr) | Mar-26 (INR Cr) | QoQ% | YoY% |
|---|---|---|---|---|---|
| GLP | 25,948 | 26,566 | 29,590 | 11% | 14% |
Disbursements stood at INR 8,313 Cr in Q4 FY26, reflecting a 28% YoY increase and 44% QoQ growth. In terms of borrower base expansion, the company reported adding 3.3 lakh new borrowers in Q4 FY26.
The performance across different geographies also showed distinct trends. For Karnataka, the GLP grew by 14% YoY, while the 'Other States' region saw a 17% YoY growth, contributing to a 12% QoQ increase.
Asset Quality and Network Expansion
The company stated that asset quality has completely normalized across all geographies, reporting an overall X-Bucket CE of 99.84% in March 2026. The asset quality metrics showed marked improvement in delinquency buckets.Data on PAR (Portfolio at Risk) buckets indicated a meaningful improvement QoQ, primarily driven by lower new PAR accretion. Specifically, PAR 1-90 was reported at 70 bps, reaching pre-crisis levels.
| PAR Buckets | Dec-25 | Mar-26 |
|---|---|---|
| PAR 0+% | 4.4% | 3.0% |
| PAR 30+% | 3.8% | 2.7% |
| PAR 60+% | 3.4% | 2.5% |
| PAR 90+% | 2.9% | 2.3% |
The network expansion also contributed to the update. The company noted opening 183 new branches in FY26, including 18 branches in Q4 FY26. Furthermore, the digital customer base saw significant growth, with Mahi, the digital customer app, onboarding 8.4 lakh customers during FY26, bringing the total base to 11.2 lakh.
On the retail finance segment, the share increased to 18% in March 2026 compared to 6% in March 2025. The employee base was reported as steady Quarter-over-Quarter (QoQ) at 21,941 in March 2026.
CREDITACC Stock Price Movement
At the close of trade, shares of CREDITACCESS GRAMEEN LIMITED are edging higher by 0.17% to settle at ₹1179.9. The stock traded throughout the day's range of ₹1164.3 to ₹1193.9, supported by solid volume of 244,895 shares.Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.