CreditAccess Grameen reported a 153.3% year-over-year increase in Profit After Tax (PAT) for Q3 FY26, reaching INR 252 crore. The company’s asset quality normalization drove regained growth focus. AUM increased by 7.1% YoY to INR 26,566 crore, and disbursements rose by 13.4% YoY to INR 5,767 crore. The MFI added 2.06 lakh new borrowers, with 39% being new to credit.
Financial Performance Highlights
CreditAccess Grameen announced a strong financial performance for Q3 FY26, marked by significant improvements in profitability and asset quality. Key highlights include:
- PAT Growth: A substantial increase of 153.3% year-over-year, reaching INR 252.1 crore.
- AUM Growth: Assets Under Management (AUM) increased to INR 26,566 crore, a 7.1% increase compared to the previous year.
- Disbursement Growth: Disbursements rose to INR 5,767 crore, reflecting a 13.4% year-over-year increase.
Key Operational Metrics
Several operational metrics also showed positive trends:
- New Borrowers: Addition of 2.06 lakh new borrowers, with 39% being new to credit.
- Unique Borrowers: Portfolio share of unique borrowers stood at 43%.
- PAR Improvement: PAR 0+ decreased to 4.4% from 4.7% in the previous quarter (Q2 FY26).
Asset Quality and Efficiency
Improvements in asset quality and operational efficiency contributed to the strong results:
- Collection Efficiency: Stood at 95.5% in December 2025, improved from 94.5% in the previous quarter.
- Credit Cost Reduction: Declining new PAR accretion led to a 54.4% year-over-year reduction in credit cost, reaching INR 342.6 crore.
Balance Sheet and Liquidity
CreditAccess Grameen maintains a robust balance sheet:
- Liquidity: Maintained liquidity of INR 2,397.4 crores in cash, cash equivalents, and investments.
- Capital Adequacy: Healthy capital position with a CRAR of 26.4%.
Management Commentary
Mr. Ganesh Narayanan, Managing Director and CEO, commented on the results, stating that the company’s Q3 performance reaffirms the strength and stability of the business model. He highlighted the normalisation in asset quality trends and the company’s refocused approach to growth.
Source: BSE
