CreditAccess Grameen Q4 FY26 Earnings Call Transcript Released
CreditAccess Grameen released its Q4 FY26 earnings call transcript. AUM grew 14.0% YoY to ₹8,313 Crore in Q4. PAT grew over 6x YoY to ₹340 Crore in Q4. For FY27, the company guides AUM growth of 20-25%, ROA of 4.0-4.8%, and ROE of 16.0-20.0%. The 'Project Shakti' initiative aims for long-term leadership in inclusive finance.
The announcement provides a detailed financial performance update for the quarter and full year, along with forward-looking guidance and strategic initiatives ('Project Shakti'), which are material for investors and stakeholders.
The company reported strong financial performance with significant growth in AUM, disbursements, and PAT. Positive outlook and future growth strategies were discussed, indicating a favorable outlook.
CreditAccess Grameen Limited has released the transcript of its Q4 and FY26 earnings conference call, which was held on May 08, 2026. The call featured insights from MD & CEO Mr. Ganesh Narayanan, COO Mr. Gururaj Rao, CFO Mr. Nilesh Dalvi, and DGM Investor Relations Mr. Sahib Sharma, with moderation by Mr. Chintan Shah from ICICI Securities.
During the call, Mr. Narayanan highlighted a strong performance trajectory for Q4 FY26, with Assets Under Management (AUM) growing by 14.0% year-on-year and 11.4% quarter-on-quarter. Disbursements in Q4 increased by 28.4% YoY to ₹8,313 Crore, and for the full year, they reached ₹24,859 Crore, up 24.1%. The company added 3.3 Lakh borrowers in Q4 and 9.8 Lakh in FY26, with 38% being new to credit. The AUM share of Group Loan (GL) borrowers with more than three lenders has significantly decreased, while the share of retail finance has grown to 18.1% from 5.9% a year ago.
Digital adoption is strong, with the customer app 'Grameen Mahi' onboarding 8.4 Lakh borrowers in FY26, bringing the total active base to 11.2 Lakh. Digital collections increased to 22% in Q4 FY26 from 14% in Q4 FY25. Net Interest Margins (NIMs) expanded by 35 bps QoQ to 14.2%, and the cost of borrowing declined to 9.2%. Profit After Tax (PAT) grew over six times YoY to ₹340 Crore in Q4, with ROA at 4.4% and ROE at 17.8%. For the full year, PAT was ₹778 Crore, with ROA of 2.7% and ROE of 10.7%.
The company provided guidance for FY27, projecting AUM growth of 20.0-25.0%, NIM of 12.8-13.2%, cost-to-income ratio of 33.0-35.0%, credit cost of 3.0-4.0%, ROA of 4.0-4.8%, and ROE of 16.0-20.0%. Mr. Narayanan also introduced 'Project Shakti,' a 10-year transformation initiative aimed at building a leading rural-focused inclusive finance platform. The company is expanding its product offerings beyond microfinance to include individual business loans and mortgage-backed loans, leveraging its existing customer base and brand trust. The strategy involves deepening customer relationships responsibly while maintaining credit discipline. The company anticipates a significant opportunity in serving India's low-to-middle income households, aiming to become a financial life cycle partner for entire households.
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CREDITACCESS GRAMEEN LIMITED filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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