CreditAccess Grameen Reports Q4 Results And Outlook

Portfolio share of unique borrowers rose to 46 per cent from 34 per cent and PAR zero plus improved from four point four per cent to three point zero per cent in the quarter. Collection efficiency for the X-Bucket stood at 99.84 per cent in March. Branches increased to 2,236 and the employee base rose to 21,941 with an annualised attrition rate of 29.4 per cent.

Quarterly total income was Rs 15.986 bn and pre-provision operating profit was Rs 7.803 billion, reflecting year-on-year increases. Profit before tax was Rs 4.45 billion and profit after tax was Rs 3.395 billion, yielding a return on assets of four point four per cent and return on equity of 17.8 per cent. Gross and net non-performing assets at 60 days plus were 3.17 per cent and 1.12 per cent respectively, supported by liquidity of Rs 24.023 billion and a capital adequacy ratio of 24.4 per cent.

Management described the quarter as an inflection in performance driven by disciplined growth into higher-value retail products and customer graduation, and issued guidance for fiscal 2027 including AUM growth of 20.0 to 25.0 per cent and ranges for margin, cost-to-income, credit cost, return on assets and return on equity. The company announced a transformation agenda, Project Shakti, to deepen reach, increase household-level relationships and invest in people, technology and artificial intelligence as it scales across its branches and customers. Credit ratings were AA-/Stable.