CreditAccess Grameen Limited announced its Q2 FY27 results, reporting a record quarterly Profit After Tax (PAT) of ₹502 crore, marking a 298.7% YoY growth. The company also saw its Assets Under Management (AUM) increase by 19.5% YoY to ₹30,946 crore. Significantly, CreditAccess Grameen has revised its FY27 guidance upwards for Return on Assets (ROA) to 5.2-5.8% and Return on Equity (ROE) to 21-24%.
Record Quarterly Profit and AUM Growth
CreditAccess Grameen Limited (CA Grameen) has declared its unaudited financial results for the second quarter and first half of the financial year 2026-27, showcasing a robust performance. The company achieved its highest ever quarterly Profit After Tax (PAT) of ₹502 crore, a substantial increase of 298.7% compared to the same period last year. This surge in profitability is a testament to the company’s strong operational execution and strategic initiatives.
The Assets Under Management (AUM) also witnessed significant expansion, growing by 19.5% YoY to reach ₹30,946 crore as of September 30, 2026. Disbursements saw a corresponding increase of 19.4% YoY, amounting to ₹6,355 crore for the quarter. The Retail Finance portfolio’s share in AUM has also grown to 23.3%.
Revised FY27 Guidance and Financial Highlights
Building on this strong momentum, CreditAccess Grameen has revised its financial guidance for the full fiscal year 2026-27. The company now expects its Return on Assets (ROA) to be in the range of 5.2% to 5.8%, an upward revision from the earlier guidance of 4.0-4.8%. Similarly, the Return on Equity (ROE) guidance has been increased to 21% to 24%, from the previous 16.0-20.0%.
Key financial highlights for Q2 FY27 include:
- Total income increased by 26.2% YoY to ₹1,904.8 crore.
- Pre-provision operating profit (PPOP) grew by 39.6% YoY to ₹970.2 crore.
- Credit cost declined by 43.2% YoY to ₹299 crore.
- Profit Before Tax (PBT) surged by 296.6% YoY to ₹670.9 crore.
- GNPA / NNPA stood at 1.79% / 0.59%.
- Robust liquidity of ₹3,501.9 crore.
- Capital Adequacy Ratio (CRAR) stood at a healthy 26.9%.
Mr. Ganesh Narayanan, Managing Director and Chief Executive Officer of CreditAccess Grameen Ltd, commented, “We reported our highest quarterly PAT of INR 502 crore in Q2 FY27, having grown five-fold over the past five years. FY27 marks a clear turnaround in profitability, recording INR 995 crore PAT in H1 FY27 as against INR 778 crore PAT in FY26. Our H1 FY27 ROA stood at 5.9% and ROE at 23.8%, reflecting strong business performance.”
Company Outlook
The company also noted that its loan pricing has been reduced by 50 basis points, effective from October, in line with its board-approved policy. CreditAccess Grameen remains focused on its rural-focused inclusive financing model, aiming to serve the entire customer household’s financial needs. The company is committed to growing responsibly while staying vigilant amidst evolving macroeconomic conditions and expects a strong second half of the fiscal year.
Source: BSE
