Transcript of Conference call for Q4 FY26 Results
CREDITACC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CreditAccess Grameen reported a strong Q4 FY26 with decisive performance recovery. Q4 AUM grew 14% YoY to INR 8,313 Crore in disbursements, while full-year PAT reached INR 778 Crore with ROA of 2.7% and ROE of 10.7%. The company added 9.8 lakh borrowers in FY26, with 38% being new-to-credit customers. Retail finance now comprises 18.1% of AUM, up from 5.9% a year ago, and is expected to reach 24-25% by FY27 end. The company introduced FY27 guidance targeting 20-25% AUM growth, 3-4% credit cost, and ROA of 4-4.8%. Management took an additional INR 39 Crore provision for West Asia geopolitical risks, with Stage 1 ECL at 1.63%. They announced 'Project Shakti' - a 10-year strategy targeting 20%+ CAGR in inclusive finance.
Strong recovery quarter with improving asset quality and clear FY27 targets signals confidence in the business. The expansion into retail finance and conservative provisioning for external risks positions the company for sustainable growth, though margin compression is expected as credit costs normalize.