Satin Creditcare Network Reports Strong Q1 FY27 Results; Consolidated PAT Rises 172%
Satin Creditcare Network Limited (SCNL) has announced its financial results for the first quarter ended June 30, 2026. The company reported significant growth in profitability and expanded operational footprints across India during Q1 FY27.Consolidated highlights showed Profit After Tax (PAT) reaching ₹123 Crores for Q1FY27, marking a substantial increase of 172% compared to the same period last year. Assets under Management (AUM) grew by 27.5%, reaching ₹15,935 Crores from ₹12,499 Crores in Q1FY26.
Consolidated Financial Performance (₹ Crores)
| Particulars | Q1 FY27 | Q1 FY26 | %Change | Q4 FY26 | %Change |
|---|---|---|---|---|---|
| Assets under Management (AUM) | 15,935 | 12,499 | 27.5% | 15,174 | 5.0% |
| Disbursement | 3,495 | 2,242 | 55.9% | 4,420 | -20.9% |
| Total Revenue | 827 | 680 | 21.7% | 830 | -0.3% |
| Pre-Provision Operating Profit (PPOP) | 267 | 201 | 33.0% | 290 | -7.9% |
| Profit After Tax (PAT) | 123 | 45 | 172.0% | 162 | -24.3% |
| ROA* | 4.0% | 1.7% | +232bps | 5.2% | -114bps |
| ROE* | 20.4% | 8.0% | +1242bps | 25.5% | -512bps |
*ROA and ROE figures exclude a management overlay of ₹36 Crores created as an extra buffer.
Operational Footprint and Standalone Metrics
The company continued expanding its presence, increasing the number of branches to 2,041 from 1,599 in Q1FY26. The operational footprint also expanded across 32 states and union territories, up from 29 in the previous year. Employment figures increased commensurately, with employees rising to 18,518 from 16,454.
Standalone Financial Results (₹ Crores)
| Particulars | Q1 FY27 | Q1 FY26 | %Change | Q4 FY26 | %Change |
|---|---|---|---|---|---|
| Assets under Management (AUM) | 13,312 | 10,956 | 21.5% | 12,853 | 3.6% |
| Disbursement | 3,008 | 2,065 | 45.6% | 3,820 | -21.3% |
| Total Revenue | 734 | 609 | 20.5% | 720 | 2.0% |
| Pre-Provision Operating Profit (PPOP) | 258 | 189 | 36.4% | 256 | 0.7% |
| Profit After Tax (PAT) | 120 | 43 | 182.3% | 137 | -12.2% |
| ROA* | 4.3% | 1.7% | +261bps | 4.8% | -46bps |
| ROE* | 18.5% | 6.8% | +1163bps | 19.9% | -148bps |
Asset Quality and Financial Stability
On a consolidated basis, Gross Non-Performing Assets (GNPA) stood at 2.18%, down from 3.74% in June '25, demonstrating improved delinquency control. The company maintained a Provision Coverage Ratio of 115.07%.
The capital structure remains balanced, with Total on-book borrowings standing at ₹10,216 Crores as of June '26. The debt-to-equity ratio was recorded at 3.15x. The borrowing mix is diversified, sourcing 70% from banks, 13% from overseas funds, 11% from Development Financial Institutions (DFIs), and 6% from NBFCs.
As of June 30, 2026, the capital Adequacy Ratio stood at 26.74%, and the Book Value per share was ₹270 on a consolidated basis. The company also maintained healthy balance sheet liquidity, with ₹2,311 Crores in cash reserves and undrawn sanctions amounting to ₹2,593 Crores.
Subsidiary Performance
SCNL's diversified group includes several specialized platforms:
- Satin Housing Finance Limited (SHFL): The housing finance subsidiary reported a 31.40% year-on-year AUM growth, reaching ₹1,263 Crores with a client base of 12,412. SHFL maintained a Capital Adequacy Ratio (CRAR) of 59.79% and a gearing ratio of 1.79x, while PAT for Q1FY27 stood at ₹1.5 Crores.
- Satin Finserv Limited (SFL): The MSME-focused lending platform recorded AUM of ₹1,360 Crores in Q1FY27, reflecting a 133.67% year-on-year growth driven by robust disbursements in the MSME and green finance segments. SFL reported PAT of ₹4.9 Crores and maintained a CRAR of 27.08%.
- Satin Technologies Limited (STL): The technology arm continues to expand its enterprise portfolio, which includes HRMS, Core Banking, LMS, LOS, and quantum-safe cybersecurity solutions. STL also successfully completed the Assessment Tool v1 for QTrino Labs.
- Satin Growth Alternatives Limited (SGAL): SGAL launched its first SEBI approved Category II AIF - Scheme 1 with a target corpus of ₹200 Crores. The fund is dedicated to providing quasi debt/equity capital to underfunded startups and MSMEs, signing an MoU with the State Bank of India (SBI) for co-investment.
Management Viewpoint
Dr. HP Singh, Chairman cum Managing Director of Satin Creditcare Network Limited, commented on the results, stating that Q1 FY27 was their strongest opening quarter in eight years. He noted that while we consciously used this period to strengthen the balance sheet by increasing the management overlay to ₹36 crore and maintaining provisions significantly above regulatory requirements, they remain comfortable with this prudent approach.
Dr. Singh added that having steered the institution through periods of stress, the cushions created during favorable times provide necessary resilience. He affirmed the company's commitment to responsible growth across its core microfinance business alongside its housing finance, MSME finance, technology, and alternative investment businesses.
SATIN Stock Price Movement
Shares of Satin Creditcare Network Limited today slipped by 0.14% to settle at ₹257.42 in post-market trading. The stock saw activity, with 516,445 shares traded during the session.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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