Satin Creditcare Network Limited has submitted copies of newspaper advertisements published on July 11, 2026, confirming the completion of dispatch for the notice of its 36th Annual General Meeting (AGM) and the Integrated Annual Report for the financial year 2025-26. The meeting is scheduled for Friday, August 7, 2026, at 11:00 AM IST through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The company has disclosed that remote e-voting will commence on Tuesday, August 4, 2026, at 9:00 AM IST and conclude on Thursday, August 6, 2026, at 5:00 PM IST. The cut-off date for determining eligible members for remote e-voting remains Friday, July 31, 2026.

Financial Performance: Standalone and Consolidated Highlights

The company delivered a strong performance in FY 2025-26. On a standalone basis, Assets Under Management (AUM) stood at INR 12,853 Crores, reflecting 14% year-on-year growth. Total income increased 20% year-on-year to INR 2,82,462.25 Lakhs, while Profit After Tax (PAT) rose 39% year-on-year to INR 30,208.07 Lakhs. Profit before tax jumped 69% to INR 39,367.69 Lakhs. The company disbursed loans of INR 11,20,239.96 Lakhs during the year, an increase of 13.9% over the previous year.

At the consolidated level, AUM reached INR 15,174 Crores, growing 19% year-on-year. Total revenue increased 23% to INR 3,161 Crores, while Pre-Provision Operating Profit (PPOP) grew 23% to INR 928 Crores. Consolidated Profit After Tax stood at INR 332 Crores, representing growth of 79% over the previous year.

Asset Quality and Capital Position

Asset quality strengthened during FY 2025-26. Standalone Gross NPA stood at 3.12% as on March 31, 2026, compared to 3.70% as on March 31, 2025. X-bucket collection efficiency stood at 99.9%, and Stage 3 coverage improved to 72.85% from 62.35% as of March 31, 2025. On-book provisions stood at INR 273 Crores, equivalent to 2.87% of the on-book portfolio, well above the RBI requirement of INR 172 Crores. The company also maintained a management overlay of INR 20.5 Crores as an added safeguard. The CRAR stood at 25.39% as on March 31, 2026, continuing the company's track record of maintaining capital adequacy well above the regulatory requirement of 15%.

Subsidiary Performance

All four wholly owned subsidiaries delivered meaningful growth during the year, reinforcing the group's diversification strategy.

Satin Finserv Limited crossed the INR 1,000 Crores AUM milestone during the year, supported by disbursements of INR 766 Crores, which grew over 120% year-on-year. Satin Technologies Limited acquired a strategic stake in QTrino Labs Private Limited, an IIT Patna-incubated deep-tech cybersecurity company specializing in post-quantum cryptography. Satin Growth Alternatives Limited received its SEBI license for a Category II Alternative Investment Fund and signed a strategic MoU with the State Bank of India for co-investment opportunities.

Funding and Operational Highlights

During FY 2025-26, the company raised INR 10,82,602.16 Lakhs through diversified sources including term loans, securitization, direct assignments, NCDs, external commercial borrowings, and commercial paper. The marginal cost of borrowing declined by 43 basis points year-on-year to 10.82%. The company added 392 new branches, expanding its presence to 1,841 branches across 30 states and union territories, serving approximately 33 Lakh clients. The company completed 19 consecutive profitable quarters by the end of FY 2025-26.

AGM Agenda and Shareholder Actions

The 36th AGM notice includes the following business items for shareholder consideration:

The Integrated Annual Report for FY 2025-26, including the AGM notice, is available on the company's website and has been sent electronically to members with registered email addresses. Members without registered email addresses will receive a physical letter containing a weblink to access the documents. The AGM notice was signed by Vikas Gupta, Company Secretary & Chief Compliance Officer, on behalf of Satin Creditcare Network Limited.

Share Capital and Dividend

As on March 31, 2026, the paid-up equity share capital of the company stood at INR 11,047.10 Lakhs comprising 11,04,70,965 equity shares of face value INR 10 each. The Board of Directors has not recommended any dividend on equity shares for FY 2025-26, considering the company's growth plans and the need to conserve resources. An amount of INR 6,041.62 Lakhs, being 20% of PAT, was transferred to Statutory Reserve pursuant to Section 45-IC of the Reserve Bank of India Act, 1934.

Satin Creditcare Network Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the National Stock Exchange of India and BSE Limited. The filing, made on July 10, 2026, details the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and discloses material issues impacting its operations and stakeholders.

The report identifies unsecured lending as a primary material risk, noting that the absence of collateral increases exposure to credit risk, particularly given the economic challenges faced by borrowers. To mitigate this, the company has intensified scrutiny of borrowers with exposure to multiple lenders and implemented data-driven analytics for portfolio monitoring. Conversely, financial inclusion is highlighted as a key opportunity, with the company reporting that approximately 97% of its clients are women entrepreneurs and around 78% of its portfolio exposure originates from rural areas.

Governance and Oversight

Governance structures are overseen by Dr Harvinder Pal Singh, Chairman cum Managing Director, who also chairs the CSR and ESG Committee. The company confirmed that all nine NGRBC principles are integral to its operations, with policies approved by the Board. An independent assessment of these policies was conducted by PwC during the year. The report also notes that no fines, penalties, or legal proceedings were reported against the entity or its directors and Key Managerial Personnel (KMPs) for the financial year.

Employee Statistics and Welfare

As of the end of FY26, the company employed 16,714 individuals, comprising 16,212 permanent employees and 502 other-than-permanent employees. The workforce is predominantly male, with women constituting 4.92% of the total staff. The company reported a turnover rate for permanent employees of 65.09% for the year, attributing the high attrition to the nature of the microfinance industry. In terms of welfare, 100% of permanent employees were covered by accident insurance, while 22.81% were covered by health insurance.

Stakeholder Grievances and Redressal

The company recorded 1,852 customer complaints during the year, all of which were resolved with none pending at the close of the year. Employee grievances totaled 229, also with zero pending cases. The report highlights the 'Atoot Bandhan' mechanism for employee grievances and the 'Sparsh' system for client concerns. No complaints were reported regarding sexual harassment, discrimination, child labour, or forced labour during the year.

Environmental Impact

On the environmental front, the company reported total energy consumption of 6,57,078 units for the year, with 94,796 units sourced from renewable energy. Water withdrawal was recorded at 5,639 kilolitres. The company generated 10,300 metric tonnes of waste, of which 2,416 metric tonnes were e-waste that was recycled. The report confirms compliance with applicable environmental laws and regulations.