Satin Creditcare Network's Q1 FY 2025-26 Quarterly Results

Result Summary

• Satin Creditcare Network Ltd reported a 10.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.4%.
• Its expenses for the quarter were up by 25.3% QoQ and 21.2% YoY.
• The net profit decreased 64.8% QoQ and decreased 57.2% YoY.
• The earnings per share (EPS) of Satin Creditcare Network Ltd stood at 4.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Satin Creditcare Network Ltd is a prominent player in the financial inclusion sector in India. The company primarily focuses on providing microfinance services to underserved and economically active women in rural and semi-urban areas. With its expansive network and emphasis on financial empowerment, the company has established itself as a significant contributor to the microfinance industry. As of the latest available data, there are no specific recent major developments mentioned in the provided information. It is important to note that the analysis herein is based solely on the financial data provided, without delving into external factors or assumptions about the company's strategic direction.

Revenue

In Q1FY26, Satin Creditcare Network Ltd reported a total income of ₹713.27 crores. This reflects a quarter-over-quarter (QoQ) increase of 10.3% from ₹646.88 crores in Q4FY25. The year-over-year (YoY) growth for the same period is 12.4%, up from ₹634.35 crores in Q1FY25. This growth in total income indicates a positive trend in revenue generation for the company over both the quarter and the year. The consistent increase in total income suggests stability and potential expansion in the company's core operations and market reach.

Profitability

The profitability metrics reveal a contrasting scenario for Satin Creditcare Network Ltd. The company recorded a profit before tax (PBT) of ₹58.08 crores in Q1FY26, which represents a significant decrease of 66.1% QoQ from ₹171.08 crores in Q4FY25. Year-over-year, the PBT decreased by 58.8% from ₹141.01 crores in Q1FY25. Similarly, the profit after tax (PAT) for Q1FY26 was ₹45.10 crores, down by 64.8% QoQ and 57.2% YoY. The earnings per share (EPS) also saw a decline, standing at ₹4.10 in Q1FY26 compared to ₹11.70 in Q4FY25 and ₹9.60 in Q1FY25, reflecting a QoQ decrease of 65.0% and a YoY decrease of 57.3%. These figures indicate a notable reduction in profitability despite the growth in revenue.

Operating Metrics

The total expenses for Satin Creditcare Network Ltd in Q1FY26 amounted to ₹512.31 crores, marking a significant increase of 25.3% QoQ from ₹408.73 crores in Q4FY25. On a YoY basis, the expenses have risen by 21.2% from ₹422.59 crores in Q1FY25. The increase in total expenses, alongside the decline in profitability metrics, suggests a potential impact on the company's operating efficiency. Additionally, the tax expense for Q1FY26 was ₹12.98 crores, which is a decrease of 69.7% QoQ and 63.7% YoY from previous periods. These operating metrics reflect significant changes in cost management and tax obligations within the company during the reported period.