Satin Creditcare Network Ltd · NSE:SATIN
Satin Creditcare Network — Q4 FY26 Earnings Presentation
47 slides from Satin Creditcare Network's earnings presentation, May 2026
Slide 1: Satin Creditcare Network Ltd. Investor Presentation Q4-FY26/FY26
Satin Creditcare Network Ltd. INVESTOR PRESENTATION Q4-FY26/FY26 Growth. Diversification. Value
Slide 2: Company Overview
COMPANY OVERVIEW SATIN CREDITCARE NETWORK LTD. 2
Slide 3: Juggernaut of Diversification Gains Momentum
JUGGERNAUT OF DIVERSIFICATION GAINS MOMENTUM Revising upwards the AUM Target for FY2030 from ₹ 25,000 Crores to ₹ 32,000 Crores NON-MFI PORTFOLIO COMPOSITION | Consolidated AUM: ₹15,174 Crores Non-MFI AUM: ₹2,653 Crores | Grown from ~5% in FY2019 to 17% in FY26 17% Satin Housing Finance Limited (SHF
Slide 4: Strategic Diversification with AUM Growth
STRATEGIC DIVERSIFICATION WITH AUM GROWTH 2019 FY2026 2030 T AUM Mix AUM Mix AUM Mix 5% 17% 30% 70% 95% 83% Microfinance Non-Microfinance Microfinance Non-Microfinance Microfinance Non-Microfinance AUM Growth (₹ Crores) 32,000 T 15,174 7,068 T - Target 4
Slide 5: Long Term Value Creation
LONG TERM VALUE CREATION Consistent Profitability ESG Commitment • Steady AUM growth • Dedicated to Environment, Social • Last 7 years avg credit cost 3.4% & RoA 2.1% and Governance • Book value per share compounded at ~10% • Debut score of 59 in S&P CSA over last 2 years • Both SHFL and SFL crossed
Slide 6: Differentiation | Proven by Track Record
DIFFERENTIATION | PROVEN BY TRACK RECORD Game Changing Process & Technology changed the face of Positioning as Rural Financial Services Well thought out strategy in product and the way we do business geography diversification Company Leveraging Technological Prowess Alignment & Consistency Platform
Slide 7: Snapshot Consolidated
₹15,174 Crores ₹12,514 Crores ~34 lakhs 2,015 AUM Disbursement Active Clients Branches 19% YoY 17% YoY 29% YoY SNAPSHOT 18,265 3.6% ₹3,161 Crores ₹332 Crores STANDALONE CONSOLIDATED Employee Base Credit Cost Total Revenue PAT 12M FY26 FY-26 9% YoY 66 bps YoY 23% YoY 79% YoY 2.6% 12.3% ₹928 Crores 13
Slide 8: Snapshot Standalone
₹12,853 Crores ₹11,202 Crores ~33 lakhs 1,841 AUM Disbursement Active Clients Branches 14% YoY 14% YoY 27% YoY SNAPSHOT 16,212 3.1% ₹2,825 Crores ₹302 Crores STANDALONE Employee Base GNPA Total Revenue PAT 12M FY-26 FY26 7% YoY 58 bps YoY 20% YoY 39% YoY 99.9% 25.4% 75 A/ Stable X Bucket CE CRAR Act
Slide 9: Q4-FY26/FY26 Performance
Q4-FY26/FY26 PERFORMANCE SATIN CREDITCARE NETWORK LTD. 9
Slide 10: Operational Highlights for FY26 (1/2)
OPERATIONAL HIGHLIGHTS FOR FY26 (1/2) ACHIEVED 94% QoQ GROWTH AND 234% YoY GROWTH IN PAT FOR Q4-FY26 ASSET QUALITY AND PROVISIONING ▪ SGAL secured license from SEBI for its AIF Category II Fund focussed on gender lens and sustainable investment ▪ SGAL signed MOU with SBI for co-investment, validatin
Slide 11: Operational Highlights for FY26 (2/2)
OPERATIONAL HIGHLIGHTS FOR FY26 (2/2) ASSET QUALITY AND PROVISIONING ▪ Asset Quality Intact: PAR 90 improved to 3.1% as of Mar’26; underscoring robust underwriting ▪ 8% decline in Credit cost from FY25 (4.6%), which stood at 3.8% in FY26. Credit cost for Q4 FY26 at 2.5% STRENGTHENING RESILIENCE THRO
Slide 12: Q4-FY26/FY26 Consolidated Highlights
Q4-FY26/FY26 CONSOLIDATED HIGHLIGHTS FY26 FY25 Y-o-Y Q4-FY26 Q3-FY26 Q-o-Q Q4-FY25 Y-o-Y AUM 15,174 12,784 15,174 13,341 12,784 (₹ Crores) 19% 14% 19% Disbursement 12,514 10,663 17% 4,420 3,227 37% 3,095 43% (₹ Crores) Branches 2,015 1,568 29% 2,015 1,987 1% 1,568 29% NII 1,849 1,530 21% 542 456 19%
Slide 13: Q4-FY26/FY26 Standalone Highlights
Q4-FY26/FY26 STANDALONE HIGHLIGHTS FY26 FY25 Y-o-Y Q4-FY26 Q3-FY26 Q-o-Q Q4-FY25 Y-o-Y AUM 12,853 11,316 12,853 11,482 11,316 (₹ Crores) 14% 12% 14% Disbursement 11,202 9,837 14% 3,820 2,896 32% 2,881 33% (₹ Crores) Branches 1,841 1,454 27% 1,841 1,817 1% 1,454 27% NII 1,646 1,409 17% 469 408 15% 32
Slide 14: Q4-FY26/FY26 Consolidated Financial Highlights
Q4-FY26/FY26 CONSOLIDATED FINANCIAL HIGHLIGHTS Q4-FY26 Q3-FY26 Q-o-Q Q4-FY25 Y-o-Y FY26 FY25 Y-o-Y Gross Yield1 25.88% 22.91% 19.80% 22.61% 20.94% Cost of 10.68% 8.89% 8.47% 9.38% 8.51% Borrowing1 NIM 15.20% 14.02% 11.33% 13.23% 12.42% Operating 7.04% 7.11% 7.22% 6.59% 6.30% Expense Ratio Loan 2.20%
Slide 15: Q4-FY26/FY26 Standalone Financial Highlights
Q4-FY26/FY26 STANDALONE FINANCIAL HIGHLIGHTS Q4-FY26 Q3-FY26 Q-o-Q Q4-FY25 Y-o-Y FY26 FY25 Y-o-Y Gross Yield1 26.70% 23.60% 20.17% 23.37% 21.54% Cost of 11.29% 9.10% 8.53% 9.76% 8.67% Borrowing1 NIM 15.41% 14.50% 11.64% 13.62% 12.87% Operating 6.98% 7.03% 7.07% 6.54% 6.15% Expense Ratio Loan 2.48% 4
Slide 16: Standalone Quarterly Progress (1/3)
STANDALONE QUARTERLY PROGRESS (1/3) AUM (₹ Crores) DISBURSEMENT (₹ Crores) TOTAL INCOME (₹ Crores) 812 12,853 3,820 705 665 637 11,316 11,482 2,881 2,896 557 10,956 11,044 2,421 2,065 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-F
Slide 17: Standalone Quarterly Progress (2/3)
STANDALONE QUARTERLY PROGRESS (2/3) BRANCHES EMPLOYEES NEW CLIENTS ADDED (Lakhs) 16,411 16,212 1,817 1,841 15,343 2.5 15,189 1,616 14,944 2.3 1.9 1,454 1,487 1.6 1.5 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 AUM / BRANCH (
Slide 18: Standalone Quarterly Progress (3/3)
STANDALONE QUARTERLY PROGRESS (3/3) MARGIN ANALYSIS (%) CREDIT COST (%) 25.64% 26.70% 4.84% 22.89% 23.60% 20.17% 4.83% 4.23% 14.27% 14.50% 15.41% 3.81% 13.31% 11.64% 2.48% 11.36% 11.29% 8.53% 9.58% 9.10% Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Gross Yield Fina
Slide 19: Consolidated Performance (2/2)
CONSOLIDATED PERFORMANCE (2/2) TOTAL INCOME (₹ CRORES) PAT (₹ CRORES) 436 3,161 2,241 2,579 332 1,381 1,551 186 21 5 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 NII (₹ CRORES) & NIM (%) NET WORTH (₹ CRORES) NII NIM 2,868 1,849 2,401 2,543 1,530 1,340 1,582 1,628 934 750 12.8% 12.4% 13.2% 11.2%
Slide 20: Consolidated Performance (1/2)
CONSOLIDATED PERFORMANCE (1/2) AUM (₹ CRORES) DISBURSEMENT (₹ CRORES) 12,514 15,174 10,549 10,663 12,784 11,850 8,087 9,115 7,617 4,856 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 OPEX TO AVG AUM (%) COST TO INCOME RATIO (%) 67.4% 6.6% 56.5% 50.7% 49.8% 6.3% 6.3% 6.3% 45.4% 5.8% FY22 FY23 FY24
Slide 21: Asset Quality and Provisions
ASSET QUALITY AND PROVISIONS PAR TREND NNPA & COVERAGE RATIO Overall Coverage 89.2% 97.3% 105.2% 94.8% 92.0% 5.8% 5.8% Ratio 3.7% 3.7% 3.5% 3.3% 4.9% 4.9% 3.1% 5.0% 4.7% 4.6% 2.3% 4.4% 4.2% 4.1% 3.7% 2.4% 2.3% 2.2% 2.3% 4.2% 3.7% 1.4% 1.4% 3.6% 1.2% 1.1% 3.7% 3.7% 3.4% 3.5% 0.9% 3.3% 3.1% Q4-FY25 Q1
Slide 22: Built on a Strong & Balanced Funding Base
BUILT ON A STRONG & BALANCED FUNDING BASE PRODUCT WISE LENDER WISE LARGE LENDER BASE 75 Active Lenders 0.2% Top 10 Lending Partners % Share 14.9% Term loan & PTC 11.4% Banks 4.8% State Bank Of India 8.4% DA Overseas fund 10.3% Bank Of Maharashtra 8.4% NCD 13.7% 52.0% NBFC HSBC 6.5% ECB 22.6% 70.1% D
Slide 23: Diversified Geographical Presence
DIVERSIFIED GEOGRAPHICAL PRESENCE DISTRICTS, STATES AND BRANCHES PRESENCE ACROSS 27 STATES AND 5 UTs 2,015 1,286 1,393 1,568 2,015 24 26 29 32 No. of Branches 1 577 405 421 529 136 2 FY23 FY24 FY25 FY26 109 27 Districts States # Branches No. of Regional 73 7 4 Offices 1 CLIENTS (LAKHS)^ 381 171 5 34
Slide 24: Improving Performance Across Geographies
IMPROVING PERFORMANCE ACROSS GEOGRAPHIES On-book % of X Bucket Particulars Portfolio On-book PAR 90 CE % Q4-FY26 (₹ Crores) Portfolio Geographic Strength Supports Overall Uttar Pradesh 2,204 23.1% 100.0% 3.0% Portfolio Resilience Bihar 1,314 13.8% 100.0% 3.9% Consistent improvement in asset quality
Slide 25: ESG – From Foundations to Global Validation
ESG – FROM FOUNDATIONS TO GLOBAL VALIDATION S&P Global CSA Score: 59 | First Attempt Assessment – Translating Purpose intro Progress Independent Global Validation ✓ S&P Global Corporate Sustainability Assessment (SCA) Score: 59 ✓ Assessed across a comprehensive range of Environmental, Social and Gov
Slide 26: Value Unlocking Through Diversification
VALUE UNLOCKING THROUGH DIVERSIFICATION SATIN CREDITCARE NETWORK LTD. 26
Slide 27: Group Structure
GROUP STRUCTURE SATIN CREDITCARE NETWORK LIMITED 51% stake Satin Housing Finance Satin Growth Alternatives Satin Finserv Limited Satin Technologies Limited Limited Since Mar’19 (WoS) Since Aug’24 (WoS) Limited Since Feb’18 (WoS) Since Aug’25 (WoS) Loans to own, Sustainable & Emerging Offers an advan
Slide 28: Housing Finance
HOUSING FINANCE AUM ₹ 1,267 Crores No. of States and UTs 22 Satin Housing Finance Limited (SHFL), a wholly owned subsidiary, offers affordable housing finance products tailored for low- and middle-income families. Tenure 24-240 Months Average Ticket Size – Q4-FY26 ₹ 12,55,000 Collection Frequency Mo
Slide 29: Satin Finserv Limited
Our Process – Satin Finserv Limited SATIN FINSERV LIMITED AUM ₹1,054 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 – Q4-FY26 ₹1,87,000 (Retail) The
Slide 30: Satin Technologies – Leveraging In-House Technology
SATIN TECHNOLOGIES – LEVERAGING IN-HOUSE TECHNOLOGY Rolled out a wholly owned subsidiary building enterprise technology across HRMS, core banking, and cybersecurity, with agentic AI as a horizontal capability across the product portfolio HRMS CORE CYBERSE AGENTIC Offers an advanced Human Resource Ma
Slide 31: QTrino – Foraying in Post Quantum Cryptography
QTRINO – FORAYING IN POST QUANTUM CRYPTOGRAPHY OUR MOAT | DIFFERENTIATED END-TO-END PLATFORM The only integrated PQC stack across the value chain CONSULTING SOFTWARE HARDWARE PQC readiness assessments and SeQure scanner and CryptoControl QRNG and PQC-native HSM, with migration advisory posture manag
Slide 32: From Last-Mile Borrowers to Future Financing Solutions
FROM LAST-MILE BORROWERS TO FUTURE FINANCING SOLUTIONS Visit at : www.satinaif.com Fund led by an all-women Category II Board Alternative Investment Fund and investment team, (AIF CAT II) reinforcing SCNL’s under SEBI regulations, commitment to aimed at providing vital quasi debt/ gender-intentional
Slide 33: FY27 Guidance: Targets and Outlook
STANDALONE FY27 GUIDANCE : TARGETS and OUTLOOK A U M G R O W T H TA R G E T C R E D I T C O S T TA R G E T 15-20% Year-on-Year | Implies AUM of ~₹14,800-15,100 Crores 3.0–3.5% Meaningful improvement Backed by presence in more than 100,000 villages and ~550 districts of Driven by tighter underwriting
Slide 34: Annexure
ANNEXURE SATIN CREDITCARE NETWORK LTD. 34
Slide 35: Highly Accomplished Board of Directors
HIGHLY ACCOMPLISHED BOARD OF DIRECTORS Dr. HP Singh Mr. Satvinder Singh Mr. Joydeep Datta Gupta Chairman cum Managing Director Non-Independent Director Independent Director Experienced Leader in Microfinance Experienced Leader in Experienced Leader in Professional & Financial Inclusion Consumer Mark
Slide 36: Experienced Management Team (1/2)
EXPERIENCED MANAGEMENT TEAM (1/2) Dr. HP Singh Jugal Kataria Aditi Singh CMD Group Controller Chief Strategy Officer 40+ Years of Industry Experience 26 years associated with Satin 8 years associated with Satin Former Chair – Sa-Dhan ~34 Years of relevant Experience. Have also worked ~2 decades of e
Slide 37: Experienced Management Team (2/2)
EXPERIENCED MANAGEMENT TEAM (2/2) Ankit Bhatia Vikas Wadhera Amit Sharma Chief Audit Officer Chief Risk Officer MD & CEO - SHFL 3 years associated with Satin 7 years associated with Satin 9 years associated with Satin ~12 years of experience in in internal audit, forensic 20 years of experience in S
Slide 38: Business Details
BUSINESS DETAILS Particulars Q4-FY26 Q4-FY25 YoY% Q3-FY26 QoQ% AUM (₹ Crores) 15,174 12,784 19% 13,341 14% SCNL 12,853 11,316 11,482 On-book 9,539 8,722 8,589 Off-book 3,314 2,594 2,892 SHFL 1,267(1) 920 1,101 SFL 1,054(2) 548 759 MSME 961 516 710 AUM Mix (₹ Crores) 15,174 12,784 19% 13,341 14% MFI
Slide 39: Diversified Product Offerings
DIVERSIFIED PRODUCT OFFERINGS Particulars Satin Creditcare Network Ltd. Satin Housing Finance Ltd. Satin Finserv Ltd. Product features Microfinance(1) Housing Finance MSME as of Mar’26 Unsecured micro loans to economically active Affordable & micro housing solutions for Sustainable and Emerging Busi
Slide 40: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Income Statement (₹ Crores) Q4-FY26 Q3-FY26 Q-o-Q Q4-FY25 Y-o-Y FY26 FY25 Y-o-Y Interest Income 609 580 5% 563 8% 2,376 2,187 9% Less: Finance Cost 288 271 6% 262 10% 1,098 1,027 7% Less: Forex Loss 93 18 2 213 22 MTM Gains 122 18 2 249 (3) Other Income 191 147 51 536 3
Slide 41: Standalone Income Statement
STANDALONE INCOME STATEMENT Income Statement (₹ Crores) Q4-FY26 Q3-FY26 Q-o-Q Q4-FY25 Y-o-Y FY26 FY25 Y-o-Y Interest Income 544 520 5% 508 7% 2,136 2,004 7% Less: Finance Cost 251 238 5% 232 8% 966 928 4% Less: Forex Loss 93 18 4 213 22 MTM Gains 122 18 (12) 127 (3) Other Income 147 127 61 440 358 N
Slide 42: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BALANCE SHEET Particulars (₹ Crores) FY26 FY25 FY24 FY23 Financial Assets Cash and Cash Equivalents 1,506 729 424 258 Bank Balance other than cash and cash equivalents 745 646 847 857 Loans 11,398 9,870 8,908 6,329 Investments & Derivative financial instruments 422 70 69 84 T
Slide 43: Built-in Liquidity Buffer Through Prudent ALM Management
BUILT-IN LIQUIDITY BUFFER THROUGH PRUDENT ALM MANAGEMENT Benefit of Positive ALM Continues 25.9 27.7 27.0 24.3 25.9 • Maintained a sustained positive ALM gap. This enhances the 18.2 17.8 17.1 18.0 company’s liquidity profile and significantly mitigates refinancing risk 16.0 • The company is well-pos
Slide 44: Capital Market Information
CAPITAL MARKET INFORMATION NSE: SATIN BSE: 539404 BLOOM: SATIN:IN SHAREHOLDING PATTERN AS ON 31st MAR, 2026 Price Data ₹ Face Value 10.0 36.2% Market Price 143.6 11.1% 52 Week H/L 176.0/131.4 5.3% Market Cap (₹ Crores) 1,579.6 3.5% Equity Shares Outstanding (Crores) 11.0 21.7% 22.2% 1 Year Avg Tradi
Slide 45: Awards and Accolades
AWARDS AND ACCOLADES SGAL, a wholly 4th owned subsidiary Top 50: India’s BusinessWorld of Satin Best Workplaces Social Impact CreditCare, has in BFSI 2026 Awards forged a strategic MoU with SBI Sa-Dhan National Best Women friendly Silver Award- Conference on organisation 2025 Skoch Award Inclusive G
Slide 46: 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 The ratio of Tier I and Tier II capital to Risk Weighted Assets Ratio (CRAR) Financial Cost Ratio The ratio of Interest Expense in the
Slide 47: 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
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