Tata Capital Limited — Q2FY27 earnings call summary

Filed 02 November 2026 · Official transcript

FY27 loan growth guidance 23-25%; confident on meeting ROA, ROE, credit cost, and PAT growth targets
ALCO approved 20-25 bps PLR hike effective Nov 1; expected to support NIM plus fee improvement in Q4
Credit cost annualized 0.9% in Q2 vs 1.0% in Q1; Gross Stage 3 stable at 1.9%, PCR improved to 59%
Cost-to-income ratio improved by 438 bps y-y to 35.3%; headcount +6% vs AUM +26%
Consolidated AUM crossed INR3.08 lakh crores, +26% y-y, +6% q-q; excluding motor finance, +32% y-y
Q2 PAT INR1,660 crores, +51% y-y, +7% q-q; ROA 2.3% (2.5% ex-motor finance), ROE 14%
Housing Finance AUM INR95,098 crores, +26% y-y, +6% q-q; PAT INR552 crores; ROA 2.5%, ROE 18%
99% customers digitally onboarded; AI embedded across lending, servicing, collections