• IHC promoter entry: Regulators have approved UAE-based IHC to become promoters of Sammaan Capital, providing long-term capital support following a preferential share subscription.
• Cost of funds: Incremental borrowing costs are projected to decline by roughly 250 basis points over the next 6 to 12 months, aided by anticipated credit rating upgrades from IHC's backing.
• AUM growth targets: The company targets approximately ₹35,000 crore in disbursements in FY27 and aims to reach an AUM of ₹1.3 to 1.5 lakh crore by FY29 from its current ₹65,000 crore base.
• Margin and expansion: Margins on the static book are expected to double as existing debt reprices by at least 200 basis points, helping absorb higher operating expenses as headcount expands to 10,000 across 500 cities by FY27.