Satin Creditcare Network Ltd · NSE:SATIN
Satin Creditcare Network — Q3 FY2026 Earnings Presentation
36 slides from Satin Creditcare Network's earnings presentation, Jan 28, 2026
Slide 1: Exchange intimation letter for investor presentation
January 28, 2026 To, The Manager, The Manager, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, 25th Floor, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai-400051 Mumbai – 400001 Symbol: SATIN Scrip Code: 539404 Sub: Investor Presentation Dear Sir
Slide 2: Investor Presentation Q3/9M-FY26
Satin Creditcare Network Q3/9M-FY26 Ltd. Network Ltd. Satin Creditcare INVESTOR PRESENTATION Investor Q3/9M-FY26 Presentation Investor Presentation Q3-FY26 Growth. Diversification. Value Growth. Diversification. Value
Slide 3: Long Term Value Creation
LONG TERM VALUE CREATION Vision:- To unlock the value invested in our subsidiaries/businesses for our stakeholders Diversification Disciplined Execution Rural Micro Housing Stable Management Team Financing Sustainable & Emerging Businesses Process Led Underwriting Technology Services Data Driven Dec
Slide 4: Differentiation | Proven by Track Record
DIFFERENTIATION | PROVEN BY TRACK RECORD Game Changing Process & Technology changed the face of Well thought out strategy in product and Positioning as Rural Financial Services the way we do business geography diversification Company Leveraging Technological Prowess Alignment Consistency Platform St
Slide 5: Enhanced Growth, Profitability & Asset Quality
ENHANCED GROWTH, PROFITABILITY & ASSET QUALITY 13,341 Crores 8,094 Crores ~33 lakhs 1,987 18,240 AUM Disbursement Active Clients Branches Employees Consolidated 10% YoY 7% YoY 29% YoY 7% YoY 224 Crores 14.25% 4.03% 2.22% 10.82% PPoP NIM Credit Cost ROA ROE 5% YoY 18 bps YoY 265 bps YoY 171 bps YoY 8
Slide 6: Q3/9M-FY26 Performance
Q3/9M-FY26 PERFORMANCE SATIN CREDITCARE NETWORK LTD. 5
Slide 7: Operational Highlights
OPERATIONAL HIGHLIGHTS ➢ Steady Disbursement Momentum: Maintained consistent disbursements of INR 2,896 Crores in Q3-FY26, resulting in a growth of 20% QoQ ➢ ZERO incremental provisions on account of Labour Codes ➢ Raised INR 7,150 Crores during 9M-FY26, have healthy balance sheet liquidity of INR 2
Slide 8: Improving Performance Across Geographies
IMPROVING PERFORMANCE ACROSS GEOGRAPHIES On-book % of CE % Particulars Portfolio On-book PAR 90 Q3-FY26 (INR Crores) Portfolio Geographic Strength Supports Overall Uttar Pradesh 2,043 23.8% 99.4% 3.7% Portfolio Resilience Assam 1,223 14.2% 100.0% 0.5% Q3-FY26 has shown a recovery in asset quality, B
Slide 9: Insuring Our Portfolio Further
INSURING OUR PORTFOLIO FURTHER Credit Guarantee Fund for Micro Units (CGFMU) Natural Calamity Insurance (NATCAT) SCNL registered under this scheme in Q3- Natural calamity insurance coverage for Satin FY2026. clients which provides critical protection CGFMU provides a portfolio-level credit against d
Slide 10: Q3/9M-FY26 Consolidated Highlights
Q3/9M-FY26 CONSOLIDATED HIGHLIGHTS 9M-FY26 9M-FY25 Y-o-Y Q3-FY26 Q2-FY26 Q-o-Q Q3-FY25 Y-o-Y AUM 13,341 12,128 13,341 12,687 12,128 (INR Crores) 10.0% 5.2% 10.0% Disbursement 8,094 7,568 7.0% 3,227 2,626 22.9% 2,835 14.2% (INR Crores) Branches 1,987 1,535 29.4% 1,987 1,713 16.0% 1,535 29.4% NII 1,32
Slide 11: Q3/9M-FY26 Standalone Highlights
Q3/9M-FY26 STANDALONE HIGHLIGHTS 9M-FY26 9M-FY25 Y-o-Y Q3-FY26 Q2-FY26 Q-o-Q Q3-FY25 Y-o-Y AUM 11,482 10,778 11,482 11,044 10,778 6.5% 4.0% 6.5% (INR Crores) Disbursement 7,382 6,955 6.1% 2,896 2,421 20.0% 2,683 7.9% (INR Crores) Branches 1,817 1,421 27.9% 1,817 1,616 1,421 27.9% 12.4% NII 1,193 1,1
Slide 12: Q3/9M-FY26 Consolidated Financial Highlights
Q3/9M-FY26 CONSOLIDATED FINANCIAL HIGHLIGHTS Q3-FY26 Q2-FY26 Q-o-Q Q3-FY25 Y-o-Y 9M-FY26 9M-FY25 Y-o-Y Gross Yield 23.13% 25.18% 23.04% 23.06% 22.01% Cost of 8.89% 10.94% 8.97% 9.50% 8.73% Borrowing NIM 14.25% 14.25% 14.06% 13.56% 13.29% Operating 7.35% 7.51% 6.88% 7.05% 6.33% Expense Ratio Loan 4.0
Slide 13: Q3/9M-FY26 Standalone Financial Highlights
Q3/9M-FY26 STANDALONE FINANCIAL HIGHLIGHTS Q3-FY26 Q2-FY26 Q-o-Q Q3-FY25 Y-o-Y 9M-FY26 9M-FY25 Y-o-Y Gross Yield 23.81% 26.05% 23.81% 23.73% 22.65% Cost of 9.10% 11.36% 9.12% 9.77% 8.91% Borrowing NIM 14.71% 14.69% 14.69% 13.96% 13.74% Operating 7.23% 7.42% 6.70% 6.94% 6.13% Expense Ratio Loan 4.23%
Slide 14: Standalone Quarterly Progress (1/3)
STANDALONE QUARTERLY PROGRESS (1/3) AUM (INR Crores) DISBURSEMENT (INR Crores) TOTAL INCOME (INR Crores) 716 642 670 632 11,482 2,881 2,896 562 11,316 2,683 11,044 2,421 10,956 2,065 10,778 Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY2
Slide 15: Standalone Quarterly Progress (2/3)
STANDALONE QUARTERLY PROGRESS (2/3) BRANCHES EMPLOYEES NEW CLIENTS ADDED (Lakhs) 16,411 1,817 15,451 15,343 1,616 15,189 14,944 2.3 1.9 1.9 1,454 1,487 1.6 1,421 1.5 Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 AUM / BRANCH (
Slide 16: Standalone Quarterly Progress (3/3)
STANDALONE QUARTERLY PROGRESS (3/3) MARGIN ANALYSIS (%) CREDIT COST (%) 26.05% 23.81% 23.06% 23.81% 7.35% 20.34% 4.84% 14.69% 13.48% 14.69% 14.71% 4.83% 11.81% 4.23% 3.81% 11.36% 9.12% 8.53% 9.58% 9.10% Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q3-FY25 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Gross Yield Finan
Slide 17: Asset Quality and Provisions
ASSET QUALITY AND PROVISIONS PAR TREND NNPA & COVERAGE RATIO 6.4% Overall Coverage 99.2% 89.2% 97.3% 105.2% 94.8% 5.8% 5.8% Ratio 5.7% 3.9% 3.7% 3.7% 3.5% 3.3% 4.9% 4.9% 4.9% 5.0% 4.7% 4.6% 2.4% 2.3% 4.4% 4.2% 4.1% 2.4% 2.3% 2.2% 4.2% 3.7% 1.5% 1.4% 1.4% 3.9% 1.2% 1.1% 3.7% 3.7% 3.5% 3.3% Q3-FY25 Q4
Slide 18: Built on a Strong & Balanced Funding Base
BUILT ON A STRONG & BALANCED FUNDING BASE PRODUCT WISE LENDER WISE LARGE LENDER BASE 73 Active Lenders 0.2% Top 10 Lending Partners % Share 15.3% Term loan & PTC 8.5% Banks 5.5% State Bank Of India 8.7% DA Overseas fund 11.1% Bank Of Maharashtra 8.4% 15.0% 51.5% NCD NBFC HSBC 7.4% ECB 21.9% 71.0% Do
Slide 19: Diversified Geographical Presence
DIVERSIFIED GEOGRAPHICAL PRESENCE DISTRICTS, STATES AND BRANCHES PRESENCE ACROSS 26 STATES AND 5 UTs 1,987 1,286 1,393 1,568 1,987 26 29 31 24 No. of Branches 1 558 405 421 529 131 1 105 FY23 FY24 FY25 9M-FY26 27 No. of Regional Districts States # Branches 73 7 3 Offices 1 CLIENTS (LAKHS)^ 376 168 5
Slide 20: 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 21: Value Unlocking Through Diversification
VALUE UNLOCKING THROUGH DIVERSIFICATION SATIN CREDITCARE NETWORK LTD. 20
Slide 22: Group Structure
GROUP STRUCTURE Satin Creditcare Network Limited Satin Growth Satin Housing Finance Satin Technologies Satin Finserv Limited Alternatives Limited (WoS) Limited (WoS) (WoS) (since Mar’19) Limited(WoS) (since (since Feb’18) (since Aug’24) Aug’25) QTrino Labs (acquired 51% stake in Jan’26) ✓ Offers an
Slide 23: Housing Finance
HOUSING FINANCE AUM INR 1,101 Crores Satin Housing Finance Limited (SHFL), a wholly owned subsidiary, offers affordable housing finance No. of States and UTs 22 products tailored for low- and middle-income families. Tenure 24-240 Months Average Ticket Size INR 15,50,000 SHFL offers competitive loans
Slide 24: Sustainable & Emerging Businesses
SUSTAINABLE & EMERGING BUSINESSES AUM INR 759 Crores Satin Finserv Limited (SFL), founded in 2018, provides customized financial solutions to support India’s vital MSME sector. No. of States and UTs 11 Tenor Upto 60 months The company offers a comprehensive range of sustainable and emerging business
Slide 25: Satin Technologies – Leveraging In-House Technology
SATIN TECHNOLOGIES – LEVERAGING IN-HOUSE TECHNOLOGY • Rolled out a wholly owned subsidiary focused on innovating and developing cutting- edge technological solutions across various industries, with a strong emphasis on financial services • Offers an advanced Human Resource Management System (HRMS) a
Slide 26: QTrino – Foraying in Post Quantum Cryptography
QTRINO – FORAYING IN POST QUANTUM CRYPTOGRAPHY Early Entry into Post-Quantum Cryptography IIT-Incubated Deep-Tech Research & IP: (PQC): Strong academic lineage from IIT Patna, with Positions Satin in the fast-emerging quantum-safe proprietary IP in post-quantum algorithms, cybersecurity market, addr
Slide 27: Satin Growth Alternatives – From Last-Mile Borrowers to Future Financing Solutions
SATIN GROWTH ALTERNATIVES – FROM LAST-MILE BORROWERS TO FUTURE FINANCING SOLUTIONS Category II Alternative Investment Fund (AIF CAT II) Built on ESG principles, the initiative under SEBI regulations, aimed at aligns with SATIN’s broader mission providing vital debt capital to of inclusive growth and
Slide 28: Annexure
ANNEXURE SATIN CREDITCARE NETWORK LTD. 27
Slide 29: Business Details
BUSINESS DETAILS Particulars Q3-FY26 Q3-FY25 YoY% Q2-FY26 QoQ% AUM (INR Crores) 13,341 12,128 10.0% 12,687 5.2% SCNL 11,482 10,778 11,044 On-book 8,589 8,274 8,321 Off-book 2,892 2,504 2,723 SHFL 1,101(1) 872 1,022 SFL 759(2) 479 621 MSME 710 445 590 AUM Mix (INR Crores) 13,341 12,127 10.0% 12,687 5
Slide 30: 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 Dec’25 Unsecured micro loans to economically active Affordable & micro housing solutions for Sustainable and Emerging Busi
Slide 31: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Income Statement (INR Crores) Q3-FY26 Q2-FY26 Q-o-Q Q3-FY25 Y-o-Y 9M-FY26 9M-FY25 Y-o-Y Interest Income 588 597 (1.6)% 539 9.1% 1,787 1,641 8.9% Less: Finance Cost 271 270 0.3% 260 4.3% 810 767 5.6% Less: Forex Loss 18 74 (75.5)% 8 126.6% 120 18 569.2% MTM Gains 18 83 (
Slide 32: Standalone Income Statement
STANDALONE INCOME STATEMENT Income Statement ( INR Crores) Q3-FY26 Q2-FY26 Q-o-Q Q3-FY25 Y-o-Y 9M-FY26 9M-FY25 Y-o-Y Interest Income 526 539 (2.5)% 488 7.8% 1,608 1,510 6.5% Less: Finance Cost 238 238 0% 234 (1.8)% 715 696 2.7% Less: Forex Loss 18 74 (75.5)% 8 126.6% 120 18 579.7% MTM Gains 18 83 (7
Slide 33: Strategic Diversification with AUM Growth
STRATEGIC DIVERSIFICATION WITH AUM GROWTH 2019 9M-FY2026 2030 T AUM Mix AUM Mix AUM Mix 5% 16% 30% 70% 95% 84% Microfinance Non-Microfinance Microfinance Non-Microfinance Microfinance Non-Microfinance AUM Growth (INR CRORES) 25,000 T 13,341 7,068 T - Target 32
Slide 34: Capital Market Information
CAPITAL MARKET INFORMATION NSE: SATIN BSE: 539404 BLOOM: SATIN:IN SHAREHOLDING PATTERN AS ON 31st DEC, 2025 Price Data INR Face Value 10.0 36.2% Market Price 143.6 52 Week H/L 176.0/131.4 11.1% Market Cap (INR Crores) 1,585.8 7.3% Equity Shares Outstanding (Crores) 11.0 3.5% 23.3% 1 Year Avg Trading
Slide 35: Glossary
GLOSSARY 1. Gross Yield represents the ratio of total Income in the relevant period to the Average AUM 2. Financial Cost Ratio represents the ratio of Interest Expense in the relevant period to the Average AUM 3. Net Interest Margin represents the difference between the Gross Yield and the Financial
Slide 36: 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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