• Credit cost guidance: Satin Creditcare lowered its credit cost to 3.8% in FY26 and expects the normalized band to sit between 3.0% and 3.5% for the next year, aided by disciplined underwriting and collection efficiency.
• AUM growth outlook: Standalone microfinance AUM is projected to grow between 15% and 20%, while consolidated growth is expected at around 25% on the back of strong expansion in MSME and housing finance subsidiaries.
• Spreads and profitability: Management expects borrowing costs, yields, and net interest margins to remain stable, anticipating return on assets (ROA) to exceed the recent 2.66% level alongside improving return on equity.
• Long-term AUM target: The company raised its FY2030 AUM target from Rs 25,000 crore to Rs 32,000 crore, aiming to increase non-MFI business share to 30% through housing finance, MSME lending, an AIF fund, and technology acquisitions.