IndoStar Q2 FY27 call highlights growth and improving asset quality
INDOSTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY27 call: retail disbursements rose 51% year on year to INR1,399 crore, while AUM reached INR8,459 crore. Gross and net Stage 3 assets improved to 4.5% and 2.4%. PAT was INR13 crore, and the company released an INR49 crore provision overlay. Management reiterated a 35% three-year disbursement CAGR and INR450-500 crore PAT target for FY29.
Improving asset quality and lower expected credit costs support future earnings, though high provisioning may keep near-term profits uneven.