CreditAccess Grameen reports robust Q2 FY26 results with a 3.1% increase in GLP to INR 25,904 Cr. The company added 2.20 Lakh new borrowers and maintained a strong collection efficiency of 94.5%. Balance sheet normalization through conservative provisioning and accelerated write-offs is underway, with a focus on stabilizing asset quality. Retail Finance share has increased to 11.1%.
Key Operational Performance
CreditAccess Grameen displayed solid performance in Q2 FY26, with Gross Loan Portfolio (GLP) reaching INR 25,904 Cr, a 3.1% year-over-year increase. The company onboarded 2.20 Lakh new borrowers. Disbursements stood at INR 5,322 Cr, a 32.9% increase compared to the previous year.
Asset Quality and Collection Efficiency
The collection efficiency (excluding arrears) was robust at 94.5%. GNPA stood at 3.65%, with PAR 90+ at 2.50%. The company’s ECL provisioning was 4.06%. NNPA was reported at 1.26% and the CRAR was healthy at 26.1%.
Financial Metrics Overview
Net Interest Income (NII) for Q2 FY26 was INR 976 Cr. PPOP was INR 695 Cr and Profit After Tax (PAT) reached INR 126 Cr. The interest spread stood at 11.1%, with NIM at 13.3%. ROA was 1.8% and ROE was 7.1%. The company maintains a liquidity position of 7.9% of total assets, with INR 2,176 Cr in Cash & Cash Equivalents.
Business & Network Expansion
CreditAccess Grameen has expanded its network to 2,209 branches, a +8.8% increase year-over-year. The company opened 96 new branches. Employee count reached 21,701, representing a +10.9% year-over-year increase.
Balance Sheet & Future Outlook
The company is focusing on balance sheet normalization through conservative provisioning and accelerated write-offs. Stability in asset quality combined with strong business momentum is expected to drive robust profitability in H2 FY26.
Source: BSE
