Satin Creditcare: Adds 7.39 Lakh New Borrowers In FY26, Opens 392 New Branches

Satin Creditcare Network Limited has delivered strong financial performance in FY26, demonstrating sustained growth across key operational metrics. The microfinance institution reported significant improvements in asset quality and operational efficiency while expanding its customer base and branch network.

Strong Asset Growth and Disbursement Performance

The company achieved robust growth in Assets Under Management, with consolidated AUM reaching ₹15,275 crores as of March 31, 2026, representing a 19% year-on-year increase from ₹12,784 crores in the previous year. On a standalone basis, AUM grew 14% to ₹12,933 crores.

AUM Performance:	Mar-26	Mar-25	YoY Growth	Dec-25	QoQ Growth
Consolidated (₹ Crores):	15,275	12,784	19%	13,341	14%
Standalone (₹ Crores):	12,933	11,316	14%	11,482	13%

Disbursements showed equally strong performance, growing 17% year-on-year to ₹12,516 crores on a consolidated basis during FY26. The fourth quarter was particularly strong, with consolidated disbursements of ₹4,422 crores, marking a 43% increase compared to Q4FY25.

Disbursement Performance:	FY26	FY25	YoY Growth	Q4FY26	Q4FY25	YoY Growth
Consolidated (₹ Crores):	12,516	10,663	17%	4,422	3,095	43%
Standalone (₹ Crores):	11,203	9,837	14%	3,820	2,881	33%

Improved Asset Quality and Cost Metrics

The company demonstrated significant improvement in credit quality, with credit costs for FY26 falling to the 3.8%-4.0% range, compared to 4.6% in FY25. This improvement reflects better risk management and collection efficiency. The X-Bucket collection efficiency for March 2026 stood at approximately 99.9%, indicating strong recovery performance.

Operational costs also benefited from improved efficiency, with the Marginal Cost of Borrowing reducing by 49 basis points year-on-year, enhancing the company's profitability prospects.

Network Expansion and Customer Growth

Satin Creditcare continued its expansion strategy during FY26, adding 392 new branches throughout the year, including 25 branches in Q4FY26. The total branch count reached 1,841 as of March 31, 2026, while consolidated branches stood at 2,015.

The customer base expansion was equally impressive, with 7,39,501 new borrowers added during the financial year. In Q4FY26 alone, the company onboarded 2,46,281 new borrowers, demonstrating strong market penetration.

Expansion Metrics:	Details
New Branches Added (FY26):	392
Total Branches (Standalone):	1,841
Total Branches (Consolidated):	2,015
New Borrowers (FY26):	7,39,501
Total Employees:	16,212

Funding and Sustainability Initiatives

The company successfully raised approximately ₹10,830 crores through various debt instruments during FY26, reflecting strong institutional credibility and market confidence. This funding supports the company's growth trajectory and expansion plans.

In a notable achievement, Satin Creditcare earned a debut score of 59 in the S&P Global Corporate Sustainability Assessment, highlighting its commitment to sustainable business practices and environmental, social, and governance (ESG) standards.

The company's business update was filed under Regulation 30 of the SEBI Listing Regulations, with all figures being provisional and unaudited, subject to review by statutory auditors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.16%	+9.56%	+9.11%	+8.41%	+9.07%	+56.47%

Satin Creditcare Network Ltd. has fulfilled its quarterly regulatory compliance obligations by submitting the mandatory Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 6, 2026, demonstrating the company's adherence to securities market regulations.

Regulatory Compliance Details

The certificate was formally submitted to both major depositories in India - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). This quarterly filing is a mandatory requirement under SEBI regulations to ensure transparency and proper handling of securities dematerialisation processes.

Parameter	Details
Filing Date	April 6, 2026
Quarter Covered	Q4FY26 (ended March 31, 2026)
Regulation	SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Submitted By	Vikas Gupta, Company Secretary & Chief Compliance Officer

Registrar Confirmation

The compliance certificate was accompanied by a confirmation certificate from MUFG Intime India Pvt. Ltd., formerly known as Link Intime India Pvt. Ltd., which serves as the company's Registrar and Share Transfer Agent. The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines.

MUFG Intime India confirmed several key compliance aspects:

Securities received for dematerialisation were confirmed to depositories
All security certificates were mutilated and cancelled after due verification
Depository names were substituted in the register of members as registered owners
All processes were completed within prescribed regulatory timelines

Stock Exchange Notifications

The filing was simultaneously communicated to both stock exchanges where Satin Creditcare Network Ltd. is listed. The company trades on BSE Limited and National Stock Exchange of India Limited, ensuring comprehensive regulatory compliance across all trading platforms.

Corporate Governance

This quarterly submission reflects Satin Creditcare Network Ltd.'s commitment to maintaining robust corporate governance standards and regulatory compliance. The timely filing of such certificates ensures transparency in the company's securities handling processes and maintains investor confidence in the dematerialisation system.