Creditaccess Grameen Ltd. · NSE:CREDITACC
Creditaccess Grameen — Q4 FY26 Earnings Presentation
50 slides from Creditaccess Grameen's earnings presentation, May 2026
Slide 1: CreditAccess Grameen Limited Q4 & FY26 Investor Presentation
CreditAccess Grameen Limited Leading Rural Focused Inclusive Financing Platform Tested By Cycles, Strengthened By Purpose Q4 & FY26 Investor Presentation May 2026 www.creditaccessgrameen.in
Slide 2: Disclaimer
Disclaimer By accessing this presentation, you agree to be bound by the following terms and conditions. This presentation (which may reflect some price-sensitive information in terms of SEBI regulations and Companies Act, 2013, as amended from time to time) has been prepared by CreditAccess Grameen
Slide 3: Discussion Summary
Discussion Summary ii Update Quarterly Results Business Overview Financial Overview Liability Overview ESG & CSR Overview 3 www.creditaccessgrameen.in
Slide 4: Key Business Highlights
Key Business Highlights Financial Performance Back To Pre-Crisis Levels In Fourth Quarter Key Metrics Q4 FY26 YoY% QoQ% ✓ FY26 growth guidance achieved, despite 7.6% write-offs in FY26 AUM (INR Cr)1 29,590 14.0% 11.4% - AUM: +14.0% YoY, Disbursements: INR 24,859 Cr (+24.1% YoY) Borrowers (Lakh) 1 44
Slide 5: Key Performance Highlights: Q4 FY26
Key Performance Highlights: Q4 FY26 PAT Up 619.4% YoY, ROA: 4.4%, ROE: 17.8% NIM C/I Ratio AUM Disbursements 14.2% 30.4% PPOP INR 29,590 Cr INR 8,313 Cr INR 780 Cr (14.0% YoY) (28.4% YoY) Wgtd. Avg. COB Opex/AUM Ratio (23.1% YoY) 9.2% 4.8% ROA CRAR Total Total Equity GNPA*: 3.17% PAT 4.4% 24.4% INR
Slide 6: Key Performance Highlights: FY26
Key Performance Highlights: FY26 PAT Up 46.3% YoY, ROA: 2.7%, ROE: 10.7% NIM C/I Ratio AUM Disbursements 13.4% 32.5% PPOP INR 29,590 Cr INR 24,859 Cr INR 2,808 Cr (14.0% YoY) (24.1% YoY) Wgtd. Avg. COB Opex/AUM Ratio (6.5% YoY) 9.5% 5.1% ROA CRAR Total Total Equity GNPA*: 3.17% PAT 2.7% 24.4% INR 7,
Slide 7: Lower PAR Accretion Driving Asset Quality Normalisation
Lower PAR Accretion Driving Asset Quality Normalisation PAR 1-90 At 70 Bps, Back To Pre-crisis Levels Overall Monthly PAR 15+ Accretion/AUM Rate Continuous Reduction In Credit Cost Due to Lower New PAR Accretion Monthly PAR 15+ accretion continuously trending lower… Credit Cost (INR Cr) Q1 FY26 Q2 F
Slide 8: Lower PAR Accretion Driving Asset Quality Normalisation
Lower PAR Accretion Driving Asset Quality Normalisation Improvement Witnessed Across All Geographies Karnataka – Monthly PAR 15+ Accretion/AUM Rate Tamil Nadu – Monthly PAR 15+ Accretion/AUM Rate 1.90% 1.45% 0.72% 0.58% 0.51% 0.54% 0.34% 0.41% 0.54% 0.43% 0.13% 0.14% 0.07% 0.06% 0.38% 0.28% 0.18% 0.
Slide 9: Asset Quality Across Products Segments
Asset Quality Across Products Segments Graduation & Borrower Vintage Driving Better Asset Quality GL: IGL + OLL Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 RF: IBL + OLL Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 PAR 0+ 7.2% 6.1% 4.9% 4.8% 3.3% PAR 0+ 3.0% 3.6% 2.8% 1.8% 1.4% PAR 30+ 5.8% 5.0% 3.9% 4.2% 3.
Slide 10: Early Risk Recognition & Conservative Provisioning
Early Risk Recognition & Conservative Provisioning Evolved ECL Model Closely Aligning Forward Looking Estimates And Macroeconomic Factors Q4 FY26 (INR Cr) Consolidated Asset Classification (dpd) EAD EAD% ECL% Implementation of New ECL Model: Stage 1 0 – 15 (GL), 0 – 30 (RF) 28,286.3 96.5% 1.63% 87.5
Slide 11: Continued Borrower Addition Coupled With Healthy Retention & Graduation
Continued Borrower Addition Coupled With Healthy Retention & Graduation Continued Borrower Addition Diverse Product Suite For Graduation & Retention Borrowers (‘000) TTM Borrower Q4 FY26 % Share AUM Mix (INR Cr) % Share 491 Additions 976 GL 24,227 81.9% 760 Karnataka 17.9% IGL 22,557 76% Other Life-
Slide 12: Growing Network & Presence
Growing Network & Presence Our Presence as on Mar-26 Uttar Pradesh 16 States & 1 UT 126 Branch Network Q4 FY26 % Share Q4 FY25 % Share 451 Districts Karnataka 381 17.0% 363 17.6% Bihar Maharashtra 342 15.3% 313 15.2% 2,236 Branches 158 Tamil Nadu 388 17.4% 385 18.7% West Bengal Madhya Pradesh 186 8.
Slide 13: FY27 Performance Guidance
FY27 Performance Guidance AUM GROWTH NIM COST-TO-INCOME 20.0% – 25.0% 12.8% – 13.2% 33.0% – 35.0% CREDIT COST RETURN ON ASSETS RETURN ON EQUITY 3.0% – 4.0% 4.0% – 4.8% 16.0% – 20.0% 13 www.creditaccessgrameen.in
Slide 14: Discussion Summary
Discussion Summary Quarterly Results Update Business Overview Financial Overview Liability Overview ESG & CSR Overview 14 www.creditaccessgrameen.in
Slide 15: Navigating Industry Crisis During FY25 & FY26
Navigating Industry Crisis During FY25 & FY26 Validating Resilience, Emerging Stronger Maintained Operational Discipline Whilst Not Losing Sight Of Growth AUM in INR Cr Focus on quality growth in adherence with MFIN guardrails 29,590 26,714 26,566 26,304 25,948 26,055 Robust NIM due to risk-based pr
Slide 16: Navigating Industry Crisis During FY25 & FY26
Navigating Industry Crisis During FY25 & FY26 Validating Resilience, Emerging Stronger Staying Focused Amidst Turbulent Tides Aligning With Structural Shifts To Capture Credit Supply Gaps Customer First Approach New Customer Acquisition • Sustained NTC additions; ETC customers targeted amidst improv
Slide 17: Ten Years of Testing, Evolving, Compounding
Ten Years of Testing, Evolving, Compounding Compounding At Scale Despite Multiple Disruptions 1) INR Crore Demonetisation Covid Pandemic MFI Credit Cycle Metrics FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 10Y CAGR AUM1 3,075 4,975 7,159 11,996 13,587 16,599 21,031 26,714 25,948 29,590 28.6% D
Slide 18: Catering To Growing Financing Needs Of Customer Households
Catering To Growing Financing Needs Of Customer Households Aiming For Larger Addressable Market Through Micro-Retail Credit ~ INR 70 Lakh Cr Rural / Semi-Urban Micro-Retail Credit Segments Experiencing Rapid Growth Mar-26, In INR Lakh Cr Urban Rural/Semi Urban Rural / Semi-Urban YoY Growth in FY26 2
Slide 19: Powering Growth Through Smarter Customer Acquisition At Scale
Powering Growth Through Smarter Customer Acquisition At Scale Constant Feeder To Financial Lifecycle Engine Built On Trust And Relationship CA Grameen’s Key Accelerators Target Segment → 23.5 Crore Low-Middle Income Households by 2030 Primary Customers: Secondary Customers: Women Household Members V
Slide 20: Deepening The Customer Relationship
Deepening The Customer Relationship Continuous Cycle Of Understanding, Engaging, And Lifetime Value Creation Owning The Customer Increasing Customer Understanding Customer’s Lifetime Value Behaviour & Building Intelligence Lifecycle Engine Strengthening Multi-channel Building Product Depth Customer
Slide 21: The Next Ten Years: Building Leadership In Inclusive Finance
The Next Ten Years: Building Leadership In Inclusive Finance Expanding Our Boundaries, Customer Centricity At The Core Project “Shakti”: Business Objectives Build Leadership Position In Inclusive Finance Become The Most Trusted Digital-enabled Strengthen Right-to-win In Low-and-middle With Customer-
Slide 22: Acquiring Customers Early In The Lifecycle
Acquiring Customers Early In The Lifecycle Group Dynamics Enabling Scale, Discipline And Trust Leveraging Group Mechanism As a Scalable Acquisition Engine Integrating Risk Management In Every Process Self-Chosen Group Formation 1 Community-driven groups ensuring homogeneity and mutual accountability
Slide 23: Building Product Depth Beyond Microfinance
Building Product Depth Beyond Microfinance One Stop Shop Providing Support to Various Lifecycle Needs Of The Customer HHs With Income <= INR 3 Lakh (Under Group Model) Product Loan Size Interest Rate Tenure Income Generation Loan INR 5K – 175K 52 – 156 weeks Other Life-cycle Loans 18.00% - 23.75% (h
Slide 24: Building Customer Data Intelligence
Building Customer Data Intelligence Providing Curated Offerings Aligned With Evolving Needs Customer Behaviour Undergoing Structural Shifts Customer Financing Needs Becoming Diverse • Reducing centre meeting attendance • Expanding lifecycle needs beyond income generation • Higher proportion of worki
Slide 25: Strengthening The Credit Underwriting Framework
Strengthening The Credit Underwriting Framework Credit Decisioning Backed by Human Judgment, Technology And Structured Process Group Loans Individual Loans & Two-Wheeler Loans Mortgage Loans BRE-Based Centralised Credit Filtering Customer Selection Customer Selection • Regulatory compliance • Lead g
Slide 26: Strengthening Multi-Channel Customer Engagement
Strengthening Multi-Channel Customer Engagement Serving Customers On Their Terms – Physical, Digital, Anytime Multi-Channel Presence Multi-Channel Service Fulfilment Check Loan Status Check Loan Eligibility View loan details and Renewal or new loan Anchor Channel End-to-End Digital repayment schedul
Slide 27: Leveraging Pan-India Presence To Drive Distribution
Leveraging Pan-India Presence To Drive Distribution Taking Financial Inclusion To The Last Mile Deep Penetrated Distribution Platform Contiguous District-Based Operating Presence Average 84% district coverage across all states GL Branches RF Branches Dual-Role Distribution Hub Dedicated Mortgage Dis
Slide 28: Managing Collections In Evolving Customer Landscape
Managing Collections In Evolving Customer Landscape Ability To Drive Collections In Informal Customer Segments Structured Collection Management Collection Management Platform Daily On-time Collections Continue To Remain Strong Daily on-time collections continue to remain strong Structured Intelligen
Slide 29: Enabling Transformation Through Technology
Enabling Transformation Through Technology Robust Technology Architecture To Support Scalability, Reliability And Quick Responsiveness Group & Individual Loans Mortgage Loans TW Loans Grameen Mahi Collections LOS/LCS LOS/LCS LOS Customer App Mgmt. Platform Core Banking System ESB & Other Services Wh
Slide 30: Enabling Transformation Through Technology
Enabling Transformation Through Technology Keeping Pace With The Future Strengthening The Core Enabling Lifecycle Strategy Agile Technologies Adaptive Data Platform Making AI Inclusive Platform Upgrades Speed & Accuracy AI + Low-Code Platforms Employee Productivity Intelligence-Driven AI-enhanced da
Slide 31: Adapting Risk, Audit & Controls Amidst Evolving Business Needs
Adapting Risk, Audit & Controls Amidst Evolving Business Needs Shift From Reactive To Predictive Approach, Supporting Next Phase of Business Growth Risk Management Framework Internal Audit Framework Product Corporate & Technology & Intelligence-Led Assurance Governance Digital Risk Audit Data-Driven
Slide 32: Strengthening Internal Control Structure
Strengthening Internal Control Structure The Three Lines Of Defence 3rd line of defence: Internal Audit team 2nd line of defence: Risk team 1st line of defence: Field + Credit Underwriting + Quality Control teams Zone Manager Zone (100 – 120 branches) Business + Credit GL: ZM RF: ZM + ZCM Region (40
Slide 33: Proven Leadership With Demonstrated Track Record
Proven Leadership With Demonstrated Track Record & Managing Director (16 years) (6 years) (5 years) (5 years) (20 years) (6 years) (26 years) (23 years) (6 years) & Compliance Officer (3 years) (3 years) (23 years) (25 years) (2 years) (3 years) (21 years) • Highly stable senior management enabling
Slide 34: Strong Parentage & Shareholder Base
Strong Parentage & Shareholder Base Shareholding Pattern (%) – March 2026 Others, MF, AIF, 8.23 Insurance, 12.59 Promoter Group, 66.24 FPI, 12.94 Committed to Strong Financial Support Financial Inclusion via Patient Capital • Invested through multiple rounds of • CreditAccess India B.V. (CAI) capita
Slide 35: Discussion Summary
Discussion Summary Quarterly Results Update Business Overview Financial Overview Liability Overview ESG & CSR Overview 35 www.creditaccessgrameen.in
Slide 36: Q4 & FY26: P&L Statement
Q4 & FY26: P&L Statement Profit & Loss Statement (INR Cr) Q4 FY26 Q4 FY25 YoY% Q3 FY26 QoQ% FY26 FY25 YoY% Interest Income 1,525.4 1,354.2 12.6% 1,435.0 6.3% 5,762.6 5,546.8 3.9% - Interest on Loans1 1,512.7 1,323.1 14.3% 1,420.0 6.5% 5,697.4 5,437.6 4.8% - Interest on Deposits with Banks and FIs 12
Slide 37: Q4 & FY26: Balance Sheet
Q4 & FY26: Balance Sheet Balance Sheet (INR Cr) Q4 FY26 Q4 FY25 YoY% Q3 FY26 QoQ% FY26 FY25 Cash & Other Bank Balances 1,327.0 1,443.0 -8.0% 1,112.8 19.2% 1,327.0 1,443.0 Investments 1,075.3 893.0 20.4% 1,284.6 -16.3% 1,075.3 893.0 Loans - (Net of Impairment Loss Allowance) 27,922.7 24,274.4 15.0% 2
Slide 38: Robust Quarterly Performance Trend
Robust Quarterly Performance Trend AUM (INR Cr) Disbursements (INR Cr) Borrowers (‘000) 14.0% 28.4% -5.9% 29,590 4,694 4,562 4,440 8,313 4,401 4,418 26,566 25,948 26,055 25,904 6,472 5,458 5,322 5,767 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
Slide 39: Robust Quarterly Performance Trend
Robust Quarterly Performance Trend Total Income (INR Cr) 1,599 1,509 1,491 1,464 1,408 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Margin Analysis (%) Operating Efficiency (%) 20.7% 21.0% 21.2% 5.1% 5.2% 5.4% 20.4% 20.3% 4.8% 4.7% 13.3% 13.9% 14.2% 12.7% 12.8% 31.8% 33.5% 32.5% 34.1% 30.4% 9.8% 9.7% 9.6
Slide 40: Robust Quarterly Performance Trend
Robust Quarterly Performance Trend Asset Quality (%) NII, PPOP, PAT (INR Cr) 937 976 977 1,048 876 5.07% 4.70% 4.06% 4.26% 4.76% 3.81% 695 680 780 4.62% 4.04% 634 653 3.65% 3.17% 3.28% 3.29% 2.50% 2.94% 340 2.28% 252 47 60 126 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q
Slide 41: Curated Products Designed To Meet Diverse Customer Needs
Curated Products Designed To Meet Diverse Customer Needs AUM Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Product Mix (INR Cr) % Share (INR Cr) % Share (INR Cr) % Share (INR Cr) % Share (INR Cr) % Share GL 24,405 94.1% 24,272 93.2% 23,035 88.9% 22,826 85.9% 24,227 81.9% IGL 23,237 90% 23,113 89% 22,079 8
Slide 42: Discussion Summary
Discussion Summary Quarterly Results Update Business Overview Financial Overview Liability Overview ESG & CSR Overview 42 www.creditaccessgrameen.in
Slide 43: Progressing Well on Liability Strategy
Progressing Well on Liability Strategy Diversified Liability Mix - Institution / Instrument Wise (%) Focus on dynamic liability management • Focus on long-term funding with strong diversification between domestic NBFCs - TL & foreign sources Banks - TL & 2.7% FIs - TL • Target to meet funding requir
Slide 44: Stable Liquidity/ ALM Position/ Credit Ratings / ESG Ratings
Stable Liquidity/ ALM Position/ Credit Ratings / ESG Ratings Static Liquidity / ALM Position For the Month For the Financial Year Debt Diversification (INR Cr) Q4 FY26 Particulars (INR Cr) Apr-26 May-26 Jun-26 FY27 FY28 Total Drawdowns 5,779 Opening Cash & Equivalents (A) 2,369.8 2,933.5 3,378.8 2,3
Slide 45: Discussion Summary
Discussion Summary Quarterly Results Update Business Overview Financial Overview Liability Overview ESG & CSR Overview 45 www.creditaccessgrameen.in
Slide 46: Purpose Embedded In Every Loan
Purpose Embedded In Every Loan ESG Framework: ENVIRONMENTAL | SOCIAL | GOVERNANCE ESG RATINGS & RECOGNITION ENVIRONMENTAL SOCIAL GOVERNANCE Sustainalytics E E&S Discipline Driving Last-Mile Reach Board Integrity & Independence 20.7 • E & S criteria check during loan • 99.9% women borrowers • 50% ind
Slide 47: Mobilising Global Impact Capital
Mobilising Global Impact Capital Sustainalytics is of the opinion that CA Grameen's Social Bond & Loan Framework is Credible and Impactful — aligned with Social Bond Principles 2021 & Social Loan Principles 2023 Social Bond / Loan Framework Aligned With UN SDGs What Sets CA GRAMEEN Apart Use of Proc
Slide 48: Community Impact At Scale: CSR Initiatives
Community Impact At Scale: CSR Initiatives CSR Impact At A Glance (FY 2021–26): 18.36 Lakh+ Beneficiaries | INR 76 Crore Invested | 60+ Aspirational Districts EDUCATION HEALTH LIVELIHOOD RURAL DEVELOPMENT DISASTER RELIEF Rationale Behind The 5 Themes 6.72 1.14 0.35 2.72 7.43 Why Education? Lakh Lakh
Slide 49: Key Ratios: Definitions
Key Ratios: Definitions 1. Portfolio Yield = (Interest on loans – processing fees + Income from securitisation)/ Avg. quarterly on-book loans 2. Weighted Avg. COB = (Borrowing cost – finance lease charges) / Daily average borrowings (excl. Financial Liability towards Portfolio Securitized) 3. Margin
Slide 50: For Further Queries:
For Further Queries: Nilesh Dalvi Chief Financial Officer Contact No – 9819289131 Email Id – nilesh.dalvi@cagrameen.in Sahib Sharma DGM – Investor Relations Contact No – 7066559383 Email Id – sahib.sharma@cagrameen.in www.creditaccessgrameen.in