Satin Creditcare Network Ltd · NSE:SATIN
Satin Creditcare Network — Q1 FY27 Earnings Presentation
41 slides from Satin Creditcare Network's earnings presentation, Jul 1, 2026
Slide 1: Satin Creditcare Network Ltd. Earnings Presentation Q1-FY27
Trusted. Tested. Transforming. Satin Creditcare Network Ltd. EARNINGS PRESENTATION Q1-FY27
Slide 2: Strongest Opening Ever
STRONGEST OPENING EVER STONGEST Q1 EVER IN LAST 8 YEARS • AUM grew by 22% YoY, stands at ₹13,312 Crores • Disbursement grew by 46% YoY, aggregating to ₹3,008 Crores • Revenue1 grew by 21% YoY, amounting to ₹734 Crores • PAT grew by 182% YoY, stands at ₹120 Crores • Credit Cost reduced by over 177 bp
Slide 3: Company Overview
COMPANY OVERVIEW 3
Slide 4: Creating Enduring Value Through Diversification
CREATING ENDURING VALUE THROUGH DIVERSIFICATION ₹25,000 Revised AUM target ₹32,000 Crores for FY2030 Crores (Earlier Target) (Revised Target) Growth Engines Growth Validation SATIN CREDITCARE NETWORK LIMITED Satin Housing Finance Limited (WOS)* Q1 AUM ₹1,263 Crores ; 31% YoY growth Experienced Leade
Slide 5: Guidance for FY27
GUIDANCE FOR FY27 CO N S O L I DAT E D AU M G ROW T H TA RG E T 20%-25% Implies AUM of ₹18,200 - ₹18,900 Crores Backed by presence in more than 112,000 villages and ~590 districts of India and a seasoned field operations team Technology remains a great enabler to bring scale and efficiency S TA N DA
Slide 6: A Legacy of Trust and Resilience
A LEGACY OF TRUST AND RESILIENCE Leveraging Decades of Credibility for Future Value Creation TRUSTED TESTED TRANSFORMING ~34 Lakh Borrowers 35 Years of Resilience Only MFI with Multiple Resilience across economic cycles, Growth Engines Building Trust Nationwide industry transitions & market shifts E
Slide 7: Satin vs Overall MFI Industry: Consistently Ahead
SATIN VS OVERALL MFI INDUSTRY : CONSISTENTLY AHEAD AUM GROWTH (FY26 YoY) Industry Portfolio Share (FY26 YoY) KEY INDUSTRY TAKEAWAYS 44% SATIN INDUSTRY 39% GAINING Market Share Momentum NBFC-MFIs +14% −13% SHARE NBFC-MFIs gained market share 26% While banks lost (~480bps) as banks' share fell (~600 3
Slide 8: Leading Across Metrics Through Relentless Execution
LEADING ACROSS METRICS THROUGH RELENTLESS EXECUTION 3 YEARS AUM CAGR NIM FY26 GNPA FY26 19% 13.6% 3.4% 7.7% 12.3% 3.1% SCNL Peers Average SCNL Peers Average SCNL Peers Average CREDIT COST FY26 ROA FY26 ROE FY26 6.4% 2.5% 1.8% 10.1% 3.8% 7.4% SCNL Peers Average SCNL Peers Average SCNL Peers Average N
Slide 9: Ahead of the Curve
AHEAD OF THE CURVE A proactive, multi-pronged strategy that keeps slippages low and credit cost among the best in the industry 01 02 03 Strict Underwriting Product Diversification Geographical Insulation Guardrails which brings scale Hard Cap - No Lending To Negligible Exposure To Secured Arms SHFL
Slide 10: A Decade of Tech Led Transformation
A DECADE OF TECH LED TRANSFORMATION • Minimal Viable Product - • Started With RFP Development Process To Identify A Completed In Record 6 • Customer Service • Payroll Solution Suitable Product. Months Time Application • Expense & Vendor • Insurance And Health Conducted • Launched Our Product • Cashl
Slide 11: Technology as an Enabler, Advantage as an Outcome
TECHNOLOGY AS AN ENABLER, ADVANTAGE AS AN OUTCOME Leveraging AI, ML and Data Science to the fullest UNDERWRITING & CUSTOMER ACQUISITION DISBURSEMENT COLLECTION APPROVAL • Digital Village Survey & Geotagging • Digital Documentation • QR, UPI, BBPS, Intent SMS • Automated Bureau Checks • Real-time Cus
Slide 12: Q1-FY27 Performance
Q1-FY27 PERFORMANCE 12
Slide 13: Snapshot Consolidated Q1-FY27
SNAPSHOT CONSOLIDATED Q1-FY27 ₹15,935 Crores ₹3,495 Crores 34 lakhs+ AUM Disbursement Active Clients 27% YoY 56% YoY 3% YoY 2,041 ₹827 Crores ₹123 Crores Branches Total Revenue* PAT 28% YoY 22% YoY 172% YoY *Revenue is adjusted for MTM gains and Changes due to Forex Movement for a more realistic dep
Slide 14: Snapshot Standalone Q1-FY27
SNAPSHOT STANDALONE Q1-FY27 ₹13,312 Crores ₹3,008 Crores 33 lakhs+ AUM Disbursement Active Clients 22% YoY 46% YoY 3% YoY 1,863 ₹734 Crores ₹120 Crores Branches Total Revenue* PAT 25% YoY 21% YoY 182% YoY *Revenue is adjusted for MTM gains and Changes due to Forex Movement for a more realistic depic
Slide 15: Q1-FY27 Consolidated Highlights
Q1-FY27 CONSOLIDATED HIGHLIGHTS Q1-FY27 Q1-FY26 Y-o-Y Q4-FY26 Q-o-Q AUM 15,935 12,499 15,174 27% 5% (₹Crores) Disbursement 2,242 56% 4,420 21% 3,495 (₹Crores) Branches 2,041 1,599 28% 2,015 1% NII 411 542 514 25% 5% (₹Crores) PPOP 290 267 201 33% 8% (₹Crores) PAT 45 172% 162 24% 123 (₹Crores) Active
Slide 16: Q1-FY27 Consolidated Financial Highlights
Q1-FY27 CONSOLIDATED FINANCIAL HIGHLIGHTS Key Ratios Q1FY27 Q1FY26 YoY Q4FY26 QoQ Gross Yield1 21.27% 21.51% 23.28% Cost of Funds1 8.06% 8.51% 8.09% NIM1 13.21% 13.00% 15.20% Operating Expense Ratio 6.34% 6.64% 7.05% Loan Loss Ratio 2.73% 4.52% 2.19% Adjusted Loan Loss Ratio2 1.81% 4.27% 1.62% ROA 3
Slide 17: Q1-FY27 Standalone Highlights
Q1-FY27 STANDALONE HIGHLIGHTS Q1-FY27 Q1-FY26 Y-o-Y Q4-FY26 Q-o-Q AUM 13,312 10,956 12,853 (₹Crores) 22% 4% Disbursement 3,008 2,065 46% 3,820 21% (₹Crores) Branches 1,863 1,487 25% 1,841 1% NII 465 370 26% 469 1% (₹Crores) PPOP 258 189 36% 256 1% (₹Crores) PAT 43 137 12% 120 182% (₹Crores) Active C
Slide 18: Q1-FY27 Standalone Financial Highlights
Q1-FY27 STANDALONE FINANCIAL HIGHLIGHTS Key Ratios Q1FY27 Q1FY26 YoY Q4FY26 QoQ Gross Yield1 22.44% 21.87% 23.65% Cost of Funds1 8.08% 8.71% 7.81% NIM1 14.36% 13.16% 15.85% Operating Expense Ratio 6.33% 6.51% 6.98% Loan Loss Ratio 3.06% 4.84% 2.48% Adjusted Loan Loss Ratio2 1.97% 4.55% 1.80% ROA 3.5
Slide 19: Standalone Operational Highlights for Q1-FY27
STANDALONE OPERATIONAL HIGHLIGHTS FOR Q1-FY27 ACHIEVED 182% YoY GROWTH IN PAT FOR Q1-FY27 STRONG FINANCIAL AND OPERATIONAL EFFICIENCIES ▪ Raised ~₹3,000 Crores via diversified debt instruments, underscoring strong institutional trust, including sub debt of ₹285 Crores augmenting CRAR, undrawn sancti
Slide 20: Standalone Quarterly Progress (1/3)
STANDALONE QUARTERLY PROGRESS (1/3) AUM (₹ Crores) DISBURSEMENT (₹ Crores) TOTAL INCOME (₹ Crores) 22% 46% 21% 720 734 13,312 3,820 637 647 12,853 609 11,482 2,896 3,008 10,956 11,044 2,421 2,065 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q1-FY27 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q1-FY27 Q1-FY26 Q2-FY26 Q3-FY26
Slide 21: Standalone Quarterly Progress (2/3)
STANDALONE QUARTERLY PROGRESS (2/3) BRANCHES EMPLOYEES NEW CLIENTS ADDED (Lakhs) 25% 11% 38% 1,817 1,841 1,863 16,411 16,212 16,560 15,343 2.5 1,616 2.2 1,487 14,944 1.9 1.6 1.5 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q1-FY27 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q1-FY27 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q1-FY27 AU
Slide 22: Standalone Quarterly Progress (3/3)
STANDALONE QUARTERLY PROGRESS (3/3) MARGIN ANALYSIS (%) CREDIT COST (%) 23.15% 22.96% 23.65% 22.44% 21.87% 4.84% 4.83% 14.50% 15.85% 4.23% 13.16% 14.48% 14.36% 2.48% 4 3.06% 8.71% 8.67% 8.46% 7.81% 8.08% Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q1-FY27 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q1-FY27 Gross Yield Fina
Slide 23: Asset Quality and Provisions
ASSET QUALITY AND PROVISIONS PAR TREND NNPA & COVERAGE RATIO Overall 5.8% 5.8% Coverage 97% 105% 95% 92% 115% Ratio 4.9% 3.7% 5.0% 4.7% 3.5% 3.3% 3.1% 4.4% 3.7% 4.2% 4.1% 2.4% 2.3% 2.2% 2.2% 3.7% 3.6% 2.3% 3.7% 3.0% 1.4% 1.8% 3.5% 3.4% 2.6% 1.2% 1.1% 3.3% 0.9% 3.1% 2.4% 0.3% 2.2% Q1-FY26 Q2-FY26 Q3-
Slide 24: Built on a Strong & Balanced Funding Base
BUILT ON A STRONG & BALANCED FUNDING BASE PRODUCT WISE LENDER WISE LARGE LENDER BASE 0.2% 77 Active Lenders 11.8% Term loan & PTC 10.9% Banks Top 10 Lending Partners % Share DA 6.1% Bank Of Maharashtra 9.4% 13.5% Overseas fund NCD State Bank Of India 6.5% 12.6% 53.1% NBFC ECB Union Bank Of India 6.3
Slide 25: Diversified Geographical Presence
DIVERSIFIED GEOGRAPHICAL PRESENCE DISTRICTS, STATES AND BRANCHES PRESENCE ACROSS 27 STATES AND 5 UTs 1,393 1,568 2,015 2,041 2,041 26 29 32 32 No. of Branches 1 577 421 529 590 140 2 110 FY24 FY25 FY26 Q1-FY27 27 Districts States # Branches No. of Regional 75 7 4 Offices 1 CLIENTS (LAKHS)^ 112 390 1
Slide 26: Improving Performance Across Geographies
IMPROVING PERFORMANCE ACROSS GEOGRAPHIES On-book % of X Bucket Particulars Portfolio On-book CE % Q1- PAR 90 (₹Crores) Portfolio FY27 Geographic Strength Supports Overall Uttar Pradesh 2,289 23% 99.8% 1.9% Portfolio Resilience Assam 1,475 15% 100.0% 0.4% Consistent improvement in asset quality due t
Slide 27: Value Unlocking Through Diversification
VALUE UNLOCKING THROUGH DIVERSIFICATION 27
Slide 28: Group Structure
GROUP STRUCTURE SATIN CREDITCARE NETWORK LIMITED 68% stake Satin Housing Finance Satin Technologies Satin Growth Satin Finserv Limited Limited Since Mar’19 (WoS) Limited Alternatives Limited Since Feb’18 (WoS) Since Aug’24 (WoS) Since Aug’25 (WoS) Loans to own, Sustainable & Offers an advanced Recei
Slide 29: Housing Finance
HOUSING FINANCE AUM ₹1,263 Crores No. of States and UTs 22 Satin Housing Finance Limited (SHFL), founded in 2017, offers affordable housing finance products tailored for low- and middle-income families. Tenure 24-240 Months Average Ticket Size – Q1-FY27 ₹12,37,000 Collection Frequency Monthly SHFL o
Slide 30: Satin Finserv Limited
SATIN FINSERV LIMITED Our Process – Satin Finserv Limited AUM ₹1,360 Crores No. of States and UTs 14 Satin Finserv Limited (SFL), founded in 2018, provides diversified financial solutions to support India’s vital MSME sector. Tenor Upto 60 months Average Ticket Size – Q1-FY27 ₹2,24,000 (Retail) The
Slide 31: Satin Technologies – Leveraging In-House Technology
SATIN TECHNOLOGIES – LEVERAGING IN-HOUSE TECHNOLOGY Live Proven Earning Scaling Strengthened New-generation HRMS HRMS built on technology Paying HRMS customers; HRMS partner network Senior leadership platform in production, inherited from the parent first customer revenue expanding; Big 4 channel on
Slide 32: From Last-Mile Borrowers to Future Financing Solutions
FROM LAST-MILE BORROWERS TO FUTURE FINANCING SOLUTIONS Fund led by an all-women Category II Board Alternative Investment and investment team, Fund reinforcing SCNL’s under SEBI regulations, commitment to aimed at gender-intentional providing vital quasi debt/ equity capital to Received license from
Slide 33: Annexure
ANNEXURE 33
Slide 34: Business Details
BUSINESS DETAILS Particulars Q1-FY27 Q1-FY26 YoY% Q4-FY26 QoQ% AUM (₹ Crores) 15,935 12,499 27% 15,174 5% SCNL 13,312 10,956 12,853 On-book 10,035 8,668 9,539 Off-book 3,277 2,288 3,314 SHFL 1,263(1) 961(2) 1,267(3) SFL 1,360(4) 582 1,054(5) MSME 1,334 551 1,028 AUM Mix (₹ Crores) 15,935 12,499 27%
Slide 35: Diversified Product Offerings
DIVERSIFIED PRODUCT OFFERINGS Particulars Satin Creditcare Network Ltd. Satin Housing Finance Ltd. Satin Finserv Ltd. Product features as of Microfinance(1) Housing Finance MSME Jun’26 Unsecured micro loans to economically active Affordable & micro housing solutions for Sustainable and Emerging Busi
Slide 36: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Income Statement (₹ Crores) Q1-FY27 Q1-FY26 Y-o-Y Q4-FY26 Q-o-Q Interest Income 693 596 16% 609 14% DA Income 94 49 145 Less: Finance Cost 313 269 288 Add: Other Income 40 34 76 Net Interest Income 514 411 25% 542 -5% Less: Operating Expenses 247 210 251 Less: Credit Co
Slide 37: Standalone Income Statement
STANDALONE INCOME STATEMENT Income Statement (₹ Crores) Q1-FY27 Q1-FY26 Y-o-Y Q4-FY26 Q-o-Q Interest Income 613 538 14% 547 12% DA Income 92 45 130 Less: Finance Cost 269 239 251 Add: Other Income 28 25 42 Net Interest Income 465 370 26% 469 -1% Less: Operating Expenses 207 181 212 Less: Credit Cost
Slide 38: Capital Market Information
CAPITAL MARKET INFORMATION SHAREHOLDING PATTERN AS ON 30th JUNE, 2026 NSE: SATIN BSE: 539404 BLOOM: SATIN:IN 21.8% 36.2% Price Data ₹ Face Value 10.0 4.8% 19.8% Market Price 245.9 6.3% 11.1% 52 Week H/L 248.2/133.0 Promoter Bodies Corporate Market Cap (₹ Crores) 2,716.5 Public Florintree Ventures LL
Slide 39: Glossary
GLOSSARY Terms Explanation Assets Under Management (AUM) Total value of the loan portfolio including on and off balance sheet assets Capital to Risk-Weighted Assets Ratio The ratio of Tier I and Tier II capital to Risk Weighted Assets (CRAR) Financial Cost Ratio The ratio of Interest Expense in the
Slide 40: Disclaimer
DISCLAIMER Satin Creditcare Network Limited: This presentation and the accompanying slides (the “Presentation”), which have been prepared by Satin Creditcare Network Limited (the “Company”), have been prepared solely for information purposes and do not constitute and should not be construed as, any
Slide 41: Thank You!
DREAM BIG… DELIVER BIGGER… Thank You! 41
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