General Updates

AI summary - H1FY27 standalone AUM grew 21% to INR20,274 Cr; acquisitions up 18% to INR1,707 Cr - Recoveries rose 21% to INR2,135 Cr; Q2 acquisitions nearly 4x Q1 and 43% higher y-y - Total income increased 48% to INR516 Cr; PAT up 54% to INR290 Cr with 56% margin - Capital adequacy strong at 70.5%; debt-to-equity moderate at 0.37x - Focus on growing corporate, retail, SME books and scaling collection as a service - Majority acquisitions structured deals; average investment ratio 42% - Writebacks part of revenue; ECL provision reversal in Q2; consistent fee income run rate - No specific guidance given; management emphasizes long-term view and seasonality - Competitive edge from broad asset class focus, technology, and collection capabilities