CREDITACCESS GRAMEEN LIMITED has informed the Exchange regarding a press release dated May 08, 2026, titled "Press Release".
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CreditAccess Grameen reported a strong Q4 FY26 with PAT surging 619.4% YoY to INR 340 crore, driven by improved asset quality and strong disbursement growth. AUM grew 14% YoY to INR 29,590 crore while disbursements rose 28.4% to INR 8,313 crore. PAR 0+ improved significantly from 4.4% in Q3 to 3.0% in Q4, with collection efficiency at 99.84%. The company is strategically shifting toward retail finance, with its share growing from 5.9% to 18.1% of portfolio. For FY26, total PAT grew 46.3% to INR 777.6 crore. The company also announced 'Project Shakti', a transformation initiative focused on deepening market reach and enhancing technology capabilities.
The sharp recovery in profitability and improvement in asset quality signal operational turnaround, likely positive for the stock. The company's shift toward retail finance and new borrower acquisition demonstrate growth potential, while FY27 guidance of 20-25% AUM growth and 4-4.8% ROA provides clear visibility.