Credit Services
Q4 & FY26 Results: CreditAccess Grameen Limited’s Profitable Growth
Discover CreditAccess Grameen Limited’s Q4 & FY26 results showcasing profitable growth and financial stability.
CreditAccess Grameen Limited (CREDITACC) reported strong Q4 and FY26 results, showcasing profitable growth and financial stability. The company’s assets under management (AUM) grew by 14.0% year-over-year (YoY) to INR 129,590 Cr, while disbursements surged by 28.4% YoY to INR 8,313 Cr.
Financial Performance
The company achieved a net profit after tax (PAT) of INR 340 Cr in Q4 FY26, reflecting a robust financial performance. The net interest income (NII) stood at INR 1,048 Cr, and the profit before provisions (PPOP) reached INR 780 Cr. The company’s return on assets (ROA) improved to 4.4% compared to 2.7% in the previous year.
Operational Highlights
CreditAccess Grameen Limited added 3.3 lakh new borrowers in Q4 FY26, contributing to a total of 9.8 lakh new borrowers for the fiscal year. The company onboarded 8.4 lakh customers through its Grameen Mahi customer app, bringing the total customer base to 11.2 lakh. The company also expanded its branch network by opening 183 new branches, bringing the total to 2,236 branches.
As a result, the company’s operating profitability is gaining strength, driven by higher yields and effective cost control measures. CREDITACC continues to focus on inclusive financing, ensuring sustainable growth and financial stability for the future.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of CREDITACCESS GRAMEEN LIMITED
CREDITACCESS GRAMEEN LIMITED belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.
CREDITACCESS gains 16.1% over three months and trades near its 52-week highs. The PEG reaches 3.39. The stock trades on brand and index weight, not on growth. D/E reaches 2.74. High leverage in this environment is a material risk the market cannot ignore. RSI hits 76, a level that signals the stock runs hot. Notably, buyers drove volume on 19 recent sessions — though at these levels, some profit-taking is normal. The business grows revenue at 29.6% and profits at 14.6%, with D/E of 2.74. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 3.39 premium is usually justified. Check Fundamentals of CREDITACCESS GRAMEEN LIMITED.
Credit Services
Indostar Capital Finance Limited Q2 Fy’27: Disbursements ₹ 1,399 Crore Up 51% Yoy
IndoStar Capital Finance Limited (INDOSTAR) reports Q2 FY’27 disbursements up 51% YoY to ₹ 1,399 crore, with AUM growing to ₹8,459 crore.
IndoStar Capital Finance Limited (INDOSTAR) announced its financial results for the quarter ended September 30th, 2026. The company’s disbursements increased by 51% year-on-year to ₹ 1,399 crore, reflecting strong business momentum across its focus segments. The Asset Under Management (AUM) grew to ₹ 8,459 crore, representing a 12% year-on-year growth. Net Interest Income (NII) crossed ₹ 200 crore, marking a growth of 27% year-on-year.
Operational Highlights
The pre-provision operating profit rose to ₹ 109 crore with a year-on-year growth of 58%. The company continued to strengthen its funding profile, with its weighted average cost of funds declining to 9.7% in Q2 FY27 from 10.4% in Q2 FY26, an improvement of 70 basis points. Gross Stage 3 assets stood at 4.5%, while Net Stage 3 assets were 2.4%.
Strategic Initiatives
IndoStar continued to make progress on its key strategic priorities. The company maintained a disciplined approach to credit risk through comprehensive borrower assessment and proactive identification of potential stress indicators. The branch network expanded to 475 locations across 24 states and union territories, adding 7 branches during the quarter.
As a result, the company is well-positioned to leverage its strategic initiatives and continued growth in the financial sector.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of IndoStar Capital Finance Limited
IndoStar Capital Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.
IndoStar drops 27.8% over three months and trades near its 52-week lows. D/E of 1.90 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock sits at 14% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 6.4% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of IndoStar Capital Finance Limited.
Credit Services
Shalibhadra Finance Limited (NSE: Sahlibhfi) Slashes Incremental Cost of Borrowing
Shalibhadra Finance Limited (NSE: SAHLIBHFI) announces a significant reduction in incremental cost of borrowing, lowering rates by 0.80% in 6 months.
Shalibhadra Finance Limited (NSE: SAHLIBHFI) is pleased to announce a substantial reduction in its incremental cost of borrowing. This strategic move marks a significant milestone for the company as it continues to serve India’s unbanked and underserved regions. Since April 2026, the company has successfully reduced its borrowing cost by 0.80% through the use of Listed Non-Convertible Debentures (NCDs).
Effective Cost Reduction Strategy
The company’s proactive approach to debt management has resulted in a notable decrease in interest rates. Specifically, from April 2026 to October 2026, the borrowing cost via NCDs has dropped from 12.00% to 11.20%. This reduction is a testament to the company’s effective financial strategy and its ability to navigate the market efficiently.
Impact on Customers and Profitability
This drastic reduction in borrowing costs will enable Shalibhadra Finance Limited to offer lower interest rates to its customers, thereby enhancing its competitive advantage. Additionally, the lower borrowing rates will positively impact the company’s net interest margins (NIMs) and overall profitability. The company plans to continue leveraging NCDs as a vital tool for raising debt, anticipating further reductions in borrowing rates in the future.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Shalibhadra Finance Limited
Shalibhadra Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.
Shalibhadra moves sideways over three months, with neither buyers nor sellers taking control. The PEG of 0.37 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 54.2% reflect exceptional pricing power and operational efficiency. The stock holds at 41% of its 52-week range with RSI at 47. In other words, neither side has a clear edge right now. Revenue grows at 14.0% and profits at 32.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Shalibhadra Finance Limited.
Credit Services
Onemi Technology Solutions Limited (kissht) Q2 FY27: AUM Surges 68% Yoy, Profitability Up 100%
OnEMI Technology Solutions Limited (NSE: KISSHT) reports Q2 FY27 results with AUM up 68% YoY and profitability up 100%.
OnEMI Technology Solutions Limited (NSE: KISSHT) announced its Q2 FY27 quarterly results, showcasing a remarkable surge in Assets Under Management (AUM) and profitability. The company’s AUM grew by 68% year-on-year to ₹9,317 crore, while the Profit After Tax (PAT) surged 100% year-on-year to ₹125 crore. This growth is underpinned by disciplined underwriting, robust collections practices, and a scalable, technology-led platform.
Strong Performance Metrics
The company’s Return on Average Assets Under Management (RoAAUM) stood at 5.8%, and the Return on Average Equity (RoAE) was 21.7%. The Gross Non-Performing Asset (GNPA) ratio improved to 2.18%, reflecting a strong portfolio quality trend. The company’s net worth increased by 103% year-on-year to ₹2,377 crore.
Strategic Priorities
OnEMI Technology Solutions Limited continues to focus on growing sustainably without compromising credit quality. The company’s cost base is expected to reduce as AUM scales, leading to better customer selection and reduced impairment costs. The company’s Loan Against Property (LAP) AUM contributes 7.9% of total AUM, with scale-up expected to continue through the remaining quarters of FY27 and beyond.
The company remains focused on strengthening the quality of its loan book while building a resilient business positioned for sustainable growth. With a robust risk management framework and a technology-first DNA, OnEMI Technology Solutions Limited is well-positioned to capitalize on the large market opportunity in the personal lending and loan against property segments.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of OnEMI Technology Solutions Limited
OnEMI Technology Solutions Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.
OnEMI rises 11.6% over three months, with buying pressure holding steady. The PEG of 0.13 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. The business compounds revenue at 16.6% and profits at 140.9% CAGR. That is strong double-digit growth on both counts. Buyers show up with 1.5x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 16.6%, profits at 140.9%, and the PEG sits at 0.13 — below its growth rate. That combination is rare. Check Fundamentals of OnEMI Technology Solutions Limited.
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