• Preferential capital raise: Kissht is executing an ₹832 crore preferential equity raise to support balance-sheet expansion and boost net worth to achieve a credit rating upgrade from its current A- rating.
• Fund deployment strategy: The company plans to inject 75% of the proceeds into its NBFC subsidiary to support lending growth and debt leverage, while 25% will be retained at the holding company for AI and technology investments.
• AUM growth outlook: Management reaffirmed its FY27 AUM growth guidance of more than 40% without ROE dilution, supported by an estimated 15% reduction in incremental risk.
• Asset quality trends: Kissht reported no portfolio stress in its small-ticket segment with loan tenures of 12 to 14 months, maintaining solid credit performance.