The March quarter was particularly strong, with one of its highest-ever quarterly disbursements at Rs 8,313 crore, up 28% compared to the same period last year, the company said in a regulatory filing.
CreditAccess also reported a 14% year-on-year growth in gross loan portfolio (GLP) for FY26, in line with its annual guidance, even as the portfolio expanded despite write-offs of 7.6% during the year due to the microfinance industry crisis.
The company added 9.8 lakh new borrowers during the year, including 3.3 lakh in Q4 alone. Its digital customer app, Mahi, onboarded 8.4 lakh customers in FY26, taking the total user base to 11.2 lakh.
Retail finance continued to gain traction, with its share rising to 18% as of March 2026, compared to 6% a year ago. This growth was driven by retention and the graduation of high-vintage, well-performing borrowers.
Asset quality saw a full normalisation across geographies, with the overall X-Bucket collection efficiency standing at 99.84% as of March 2026.
The company also expanded its physical presence by opening 183 new branches during FY26, including 18 in the fourth quarter. Its employee base remained stable on a quarter-on-quarter basis at 21,941 as of March 2026.CreditAccess Grameen share performance
The shares are down 11% in the last six months and are flat on a year-to-date basis. In the last 1 year, CreditAccess shares have delivered returns of 30%, while five-year returns stand at over 100%.
The company’s Q3 net profit came in at Rs 252 crore, marking a massive increase of 153% from Rs 99.50 crore reported in the corresponding quarter of the previous year, the company said in a regulatory filing. This translates into a return on assets of 3.5% and a return on equity of 13.8%. The decline in new PAR accretion led to a 54.4% YoY reduction in credit costs to Rs 342.6 crore.
Assets under management increased 7.1% year-on-year to Rs 26,566 crore from Rs 24,810 crore. Disbursements also recorded healthy growth, rising 13.4% YoY to Rs 5,767 crore from Rs 5,085 crore. During the period, the company added 2.06 lakh new borrowers, with 39% of these customers classified as new-to-credit.
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