Satin Creditcare Network (SATIN) Q4 24/25 earnings summary

Executive summary

• Achieved 15th consecutive profitable quarter, with consolidated revenue of INR 2,602 crore (₹2,30,284.81 lakhs) and robust risk management despite sector headwinds.

• Consolidated AUM grew 7.9% YoY to INR 12,784 crore, maintaining leadership in the NBFC-MFI sector.

• Asset quality improved, with PAR 1 at 4.9% and credit cost contained at 4.6%, within guidance.

• Raised USD 100 million via syndicated social term loan, diversifying funding sources.

• Received high ESG and sustainability ratings, and multiple industry awards.

Financial highlights

• Standalone PAT for FY25 was INR 217 crore, consolidated PAT INR 186 crore, and net profit after tax at ₹18,612.60 lakhs.

• Consolidated revenue grew 16.1% YoY to INR 2,602 crore; standalone revenue up 15.9% to INR 2,377 crore.

• Consolidated AUM grew 7.9% YoY to INR 12,784 crore; standalone AUM up 6.8% YoY to INR 11,316 crore.

• Net interest margin: 12.61% consolidated, 13.03% standalone.

• ROA: 1.69% consolidated, 2.07% standalone; ROE: 7.53% consolidated, 7.86% standalone.

Outlook and guidance

• Expect operating expense ratio to decline in FY26 as asset quality stabilizes.

• Growth guidance for FY26 to be provided after Q1; focus remains on credit cost containment and prudent expansion.

• Credit cost expected to be lower than FY25, with further guidance post Q1.

• Continued focus on asset quality, risk management, and portfolio diversification through subsidiaries.

• The group expects continued focus on financing activities.