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What is the story about?
Satin Creditcare Network expects to outperform its fiscal year 2026-27 (FY27) assets under management (AUM) growth guidance after reporting its strongest-ever first quarter, that is, the April-June 2026 quarter, with the company seeing its best growth in the second half of the financial year, Chairman and Managing Director HP Singh said.
The Gurugram-based non-banking financial company, which primarily focuses on microfinance, has maintained its guidance of 15-20% AUM growth and credit costs of 3-3.5% for 2026-27. However, Singh said the company is positioned to exceed those targets if current trends continue.
"The first quarter is always a very weak quarter, so for us to perform that very well in the first quarter... bodes very well for the entire whole year," Singh said.
He added that the company is keeping its guidance unchanged as it remains cautious about weather-related risks, including the possibility of floods affecting repayments.
Satin Creditcare expects its third and fourth quarters to be stronger than the first half of the year.
The company also plans to diversify further beyond microfinance. Its non-MFI portfolio has increased to 19% from 14%, and it aims to raise the share to 30% by 2030 through housing finance,
MSME lending, green finance and non-lending businesses, including technology and alternative investment funds.
Singh said the company expects to achieve this target ahead of schedule. "We said 2030, but I think we'll beat that also," he said.
Satin Creditcare recently entered Kerala, completing its presence across all Indian states. The company is also targeting deeper penetration in Uttar Pradesh, Bihar and the Northeast, where it expects growth to remain healthy.
Satin Creditcare's shares have gained more than 51% over the past year, taking its market capitalisation to about ₹2,776 crore.
For the full interview, watch the accompanying video
Catch all the latest updates from the stock market here
The Gurugram-based non-banking financial company, which primarily focuses on microfinance, has maintained its guidance of 15-20% AUM growth and credit costs of 3-3.5% for 2026-27. However, Singh said the company is positioned to exceed those targets if current trends continue.
"The first quarter is always a very weak quarter, so for us to perform that very well in the first quarter... bodes very well for the entire whole year," Singh said.
He added that the company is keeping its guidance unchanged as it remains cautious about weather-related risks, including the possibility of floods affecting repayments.
Satin Creditcare expects its third and fourth quarters to be stronger than the first half of the year.
The company also plans to diversify further beyond microfinance. Its non-MFI portfolio has increased to 19% from 14%, and it aims to raise the share to 30% by 2030 through housing finance,
Singh said the company expects to achieve this target ahead of schedule. "We said 2030, but I think we'll beat that also," he said.
Satin Creditcare recently entered Kerala, completing its presence across all Indian states. The company is also targeting deeper penetration in Uttar Pradesh, Bihar and the Northeast, where it expects growth to remain healthy.
Satin Creditcare's shares have gained more than 51% over the past year, taking its market capitalisation to about ₹2,776 crore.
For the full interview, watch the accompanying video
Catch all the latest updates from the stock market here 
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