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:

Capital Position and Liquidity

The company maintains a robust financial foundation with strong capital adequacy and liquidity positions. As of December 31, 2025, Satin Creditcare reported a capital adequacy ratio of 24.64%, providing substantial support for future growth initiatives. The book value per share stood at ₹244 on a consolidated basis, representing approximately 10% CAGR over the last two years.

Liquidity management remained prudent with balance-sheet liquidity of ₹2,283 crore complemented by undrawn sanctioned lines of ₹2,206 crore. During the nine-month period, the company successfully raised ₹7,746 crore on a consolidated basis, ensuring adequate funding for operations.

Diversified Borrowing Profile

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

Subsidiary Performance and Strategic Initiatives

Satin Housing Finance Limited demonstrated strong year-on-year growth with AUM increasing 26.3% to ₹1,101 crore, supported by a 100% retail loan book across 22 states serving 10,481 customers. The subsidiary maintains a strong capital position with CRAR of 62% and reported PAT of ₹3.6 crore for 9M-FY26.

Satin Finserv Limited, focusing on sustainable and emerging businesses, reported AUM of ₹759 crore with CRAR of 36.12% and PAT of ₹3.1 crore for the nine-month period. Additionally, Satin Technologies Limited strengthened its technology capabilities by acquiring a strategic stake in QTrino Technologies, an IIT-incubated cybersecurity startup specializing in post-quantum cryptography.

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 the achievement of 18 consecutive profitable quarters and expressed confidence in delivering sustainable growth while maintaining prudent risk management practices.