Satin Creditcare Network Limited has completed the allotment of non-convertible debentures worth ₹125 crore, marking a significant fundraising milestone for the microfinance company. The Working Committee of the Board of Directors approved this allotment during their meeting held on January 30, 2026.

Debenture Allotment Details

The company has allotted 1,25,000 non-convertible debentures with specific characteristics that make them attractive to institutional investors. Each debenture carries a face value of ₹10,000, resulting in an aggregate nominal value of ₹125,00,00,000.

Debenture Characteristics

The issued debentures possess several key features that define their investment profile:

• Rating Status: Rated debentures providing credit assessment transparency
• Listing: Listed securities ensuring liquidity for investors
• Security: Senior, secured instruments offering priority in repayment
• Redeemability: Redeemable structure with defined maturity
• Tax Treatment: Taxable instruments with applicable tax implications
• Currency: Denominated in Indian Rupees (INR)

Regulatory Documentation

The debenture issuance follows comprehensive documentation prepared in accordance with regulatory requirements. The company has based this allotment on several key documents including a general information document dated August 14, 2025, and a key information document dated January 27, 2026.

Additionally, the company executed a private placement offer and application letter on January 27, 2026, followed by a debenture trust deed with Catalyst Trusteeship Limited on January 29, 2026. This documentation framework ensures compliance with Securities and Exchange Board of India regulations.

Regulatory Compliance

Satin Creditcare Network Limited has informed both the National Stock Exchange of India Limited and BSE Limited about this allotment, maintaining transparency as required under Regulations 30 & 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously provided intimation about this proposed allotment on January 20, 2026, demonstrating proactive regulatory communication.

Satin Creditcare Network Limited has delivered impressive financial performance for the third quarter ended December 31, 2025, demonstrating resilience in a challenging operating environment. The microfinance institution reported consolidated profit after tax of ₹72 crore, representing a remarkable 404% year-on-year growth and marking its 18th consecutive profitable quarter.

Financial Performance Highlights

The company's consolidated financial metrics showed strong momentum across key parameters during Q3FY26:

For the nine-month period ended December 31, 2025, the company maintained steady growth with consolidated PAT of ₹170 crore compared to ₹164 crore in the corresponding period last year, reflecting a 4% increase.

Operational Expansion and Asset Quality

Satin Creditcare's operational footprint expanded significantly during the nine-month period, with the company now operating across 31 states and union territories through 1,987 branches, up from 1,535 branches in the previous year. The workforce grew to 18,240 employees, including 11,981 loan officers serving 32.7 lakh clients.

Asset quality showed notable improvement during the quarter:

Management Commentary and Strategic Vision

During the earnings call held on January 29, 2026, Dr. HP Singh, Chairman cum Managing Director, emphasized the company's commitment to long-term value creation through financial discipline and operational excellence. He highlighted that the company has maintained credit costs among the lowest at 3.30% and ROA among the highest at 2.10% on a standalone basis over the last six years.

"Our focus has always been on long-term value creation, balancing growth with responsibility and ambition with discipline. Inclusion for us is not merely a concept, it's a conviction," stated Dr. Singh during the call.

Technology Investments and Strategic Acquisitions

Satin Technologies Limited strengthened its technology capabilities by acquiring a 51% stake in QTrino Labs, an IIT-incubated cybersecurity startup specializing in post-quantum cryptography. This strategic acquisition reinforces the company's belief in innovation and preparedness for building a future-ready institution.

The company achieved a score of 59 in its first-ever S&P Global Corporate Sustainability Assessment, driven by strong human capital management, business ethics, and risk management practices.

Capital Position and Liquidity

The company maintains a robust financial foundation with strong capital adequacy and liquidity positions:

Diversified Borrowing Profile

The company's borrowing structure reflects strategic diversification across multiple funding sources:

Subsidiary Performance and Future Outlook

Satin Housing Finance Limited demonstrated strong year-on-year growth with AUM increasing 26.30% to ₹1,101 crore, while Satin Finserv reported AUM of ₹759 crore with 58.40% year-on-year growth. Both subsidiaries maintain strong capital positions with CRAR of 61.96% and 36.12% respectively.

Management expressed confidence in achieving 10% to 15% AUM growth guidance while targeting credit cost improvements from the previous year's 4.60%. The company expects to end the current year with credit costs closer to 4%, representing a 50 basis point improvement.