This article first appeared on GuruFocus.
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AUM: INR16,425 crore as of September 2026, up ~9.2% YoY.
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Sanctions: INR1,359 crore for Q2 FY27 vs INR1,205 crore in the corresponding quarter last year.
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Disbursements: INR1,205 crore in Q2 FY27 vs INR1,069 crore in the same quarter last year; crossed INR1,000 crore per quarter since September 2025 (except June 2026).
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Gross NPA: INR396 crore (2.4%) as of September 2026 vs INR475 crore last September; down from INR426 crore in June 2026.
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Stage 2 Assets: INR1,154 crore vs INR1,324 crore in the corresponding period last year.
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Provision Coverage Ratio: 66%.
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Net Profit: INR116 crore in Q2 FY27 vs INR114 crore in the previous quarter and ~INR106 crore last September.
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ROA: ~2.9%, stable versus the June quarter.
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ROE: ~12.5%.
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Capital Adequacy Ratio: ~37%.
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NIM: ~5.44% as of September 2026.
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Spread: 3.4% (cost of funds 8.35%, return on advances 11.83%).
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Borrowing Cost: 8.35% overall; 86% of funding from ~1920 banks, 7.2% NHB refinance, NCDs/PTCs ~0.7%, Repco Bank ~1%.
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NHB Refinance: INR600 crore sanctioned for FY27; INR106 crore drawn in Q1 and INR125 crore in Q2.
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Q2 Fund Raising: INR75 crore via commercial papers at 7.6%; ...