Satin Creditcare Network Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
SATIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.6 pts less than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Satin Creditcare Network reported its Q1 FY26 results with total income of Rs. 64,200 lakhs (standalone), up ~10% from Rs. 58,211 lakhs a year ago, driven mainly by higher interest income and gains from financial instrument derecognition. However, profit after tax fell sharply to Rs. 4,260 lakhs from Rs. 10,261 lakhs (down ~58% YoY) as finance costs rose 16% and impairment provisions on financial instruments jumped 94% to Rs. 13,464 lakhs. Consolidated PAT also dropped ~57% to Rs. 4,510 lakhs. Asset quality remained stable with GNPA at 3.74% and NNPA at 1.39%, and CRAR was healthy at 26.04%. The statutory auditor J C Bhalla & Co. issued an unmodified limited review opinion, having taken over from the previous auditor S S Kothari Mehta & Co. The company also received the second tranche ($70M) of its $100M ECB social loan and approved a new wholly-owned subsidiary, Satin Growth Alternatives Limited.
Despite decent revenue growth, the steep drop in profit and surge in loan-loss provisions may weigh on the stock in the short term. The healthy capital adequacy (26%) and stable asset quality provide comfort, while the new subsidiary and ECB funding signal expansion plans. The auditor change is a procedural note and not a red flag since both opinions were unmodified.