The fundraising, which includes renewal of Rs 31,975 crore and fresh capital of Rs 850 crore, will be done through issue of debt securities in one or more tranches.
Further, the company has also declared a final dividend of Rs 2 per share for the financial year ended March 2026.
Net interest income during the fourth quarter came in at Rs 2,399 crore, which is an increase of 22%. Operating performance remained strong, with pre-provisioning operating profit climbing 27% YoY to Rs 1,696 crore, up from Rs 1,338 crore. This translated into a sharp 44% rise in profit before tax to Rs 1,011 crore, compared with Rs 704 crore in the same quarter last year.
Despite a rise in loan losses and provisions to Rs 685 crore from Rs 634 crore, the company’s profitability remained resilient, supported by higher income and improved operating leverage.
For the full year FY26, profit after tax rose 17% to Rs 2,544 crore, compared with Rs 2,176 crore in FY25. On the asset side, growth remained steady. Assets under management stood at Rs 1.18 lakh crore as of March 2026, up 11% YoY, while the gross loan book grew 11% to Rs 1.18 lakh crore.
The lending mix remained broadly stable, with enterprise lending contributing 38%, asset finance 38%, and consumer finance 24% of the portfolio. Secured loans continued to dominate, accounting for 74% of the overall book, indicating a relatively conservative risk profile.Margins improved during the quarter, with net interest margin rising to 8.2% from 7.6% a year ago and 8.1% in the preceding quarter. Return on average assets also strengthened to 2.5% (annualised), compared with 2% in the year-ago period, highlighting improved profitability metrics.
However, asset quality showed a marginal deterioration on a year-on-year basis. Gross Stage 3 assets stood at 2.44% compared with 2.26% a year earlier, though it improved sequentially from 2.81% in the December quarter. Net Stage 3 assets rose to 1.09% from 0.99% a year ago. Provision coverage ratio remained broadly stable at 55.53%.
Credit cost as a percentage of total gross loans moderated to 2.3% from 2.4% a year ago, indicating some easing in stress levels despite elevated delinquencies.
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