Intimation of Earnings Call transcript

AI summary - Q1FY27 disbursements at INR 641 Cr (check realization basis), gross AUM grew 24% y-y to INR 11,284 Cr - PAT INR 143 Cr, +23% y-y; ROE 17.5%, NII up 30% y-y; credit cost stable at ~50 bps - Transition to disbursement recognition on check realization caused timing impact, no P&L effect - Asset quality: Stage 3 at 1.5%, expected to stabilize in Q2FY27, recovery from Q3FY27 - FY27 guidance: 40-45 new branches, 25-30% loan growth, spreads >6%, credit cost 40-50 bps - AI adoption ongoing in collections, customer service, operational efficiency - Incremental yield improved to 14.9%, cost of funds stable at 7.9%, diversified borrowing - Collection efficiency ~97%, expected flat in Q2, improvement from Q3 - Home loans ~57% of AUM, LAP ~43%, similar GNPA levels - Management confident on maintaining credit cost and growth guidance