CreditAccess Grameen Reports Strong Q1 FY27 Performance, Notes Improving Asset Quality Trends
CreditAccess Grameen Limited has provided an interim business update for June 2026, highlighting strong operational momentum and steadily improving asset quality across its portfolio. The company reported robust figures related to gross lending portfolio (GLP) and disbursements, alongside significant improvements in asset classification ratios.The operational metrics show steady growth in Gross Lending Portfolio (GLP), Disbursements, Borrower Additions, and the size of its Branch Network during Q1 FY27.
Operational Performance Highlights
The company’s GLP demonstrated strong momentum, reaching 30,319 INR Cr in Q1 FY27. This represents a 16.4% year-over-year (YoY%) growth from the previous corresponding period. The company's RF Share stood at 21% in Q1 FY27, up from 18% recorded in Q4 FY26.In terms of lending activity, Disbursements reached 6,107 INR Cr during the quarter, marking an increase of 11.9% YoY%. The network expanded steadily, with Borrower Additions reaching 2.5 Lakhs and the Branch Network growing to 2,276 across the relevant period.
Key operational figures are detailed below:
| Metric | June 2025 | March 2026 | June 2026 (Q1 FY27) | YoY% (Q1 FY27) |
|---|---|---|---|---|
| GLP (INR Cr) | 26,055 | 29,590 | 30,319 | 16.4% |
| RF Share % | 7% | 18% | 21% | - |
| Disbursements (INR Cr) | 5,458 | 8,313 | 6,107 | 11.9% |
| Borrower Additions (Lakh) | 2.2 | 3.3 | 2.5 | 17.5% |
| Branch Network | 2,114 | 2,236 | 2,276 | 7.7% |
Improving Asset Quality
The company reported a continuous downward trend in the PAR 15+ Accretion (X-Bucket CE %) standing at 99.68%. The asset quality metrics show marked improvement across various PAR buckets between March 2026 and June 2026.Key portfolio health metrics include:
- PAR 0+% falling to 2.2% in June 2026 from 3.0% in March 2026.
- PAR 30+% declining to 1.9% from 2.7%.
- PAR 60+% improved to 1.6% from 2.5%.
- PAR 90+% decreased to 1.5% from 2.3%.
The performance across the top five states is also showing positive trends, particularly in PAR 90+.
| PAR Bucket | March 2026 | June 2026 |
|---|---|---|
| PAR 0+% | 3.0% | 2.2% |
| PAR 30+% | 2.7% | 1.9% |
| PAR 60+% | 2.5% | 1.6% |
| PAR 90+% | 2.3% | 1.5% |
State-wise performance for both PAR 0+ and PAR 90+ shows consistency in improving trends:
| State | PAR 0+% (Mar-26) | PAR 90%+ (Mar-26) | PAR 0+% (Jun-26) | PAR 90%+ (Jun-26) |
|---|---|---|---|---|
| Karnataka | 3.6% | 2.8% | 2.4% | 1.6% |
| Maharashtra | 2.5% | 2.0% | 2.0% | 1.3% |
| Tamil Nadu | 2.8% | 2.0% | 2.2% | 1.4% |
| Madhya Pradesh | 3.5% | 2.7% | 2.9% | 1.9% |
| Bihar | 4.3% | 3.3% | 3.0% | 2.1% |
| Others | 2.2% | 1.7% | 1.7% | 1.1% |
| Total | 3.0% | 2.3% | 2.2% | 1.5% |
AGL Stock Price Movement
Allcargo Global Limited shares today slipped by 5.00% to settle at ₹20.9, closing in negative territory. The stock completed trading with a volume of 269,049 shares, following a period where the equity had previously reached its 52-week high.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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