Credit Access Grameen has posted a robust start to FY26, reporting its highest-ever first-quarter disbursements at Rs 5,458 crore, a 21.9 per cent year-on-year increase.
The performance reflects consistent momentum across all business pillars, backed by improved asset quality and expanding retail lending.
The company added 2.16 lakh new borrowers during the quarter, 43 per cent of whom were new-to-credit, underlining its deepening outreach in rural India. Its branch network expanded by 7 per cent YoY to 2,114, while the employee base rose to over 21,000.
Asset under management (AUM) stood stable at Rs 26,055 crore. Asset quality indicators showed notable improvement, with PAR 0+ dropping from 6.9 per cent in Q4 FY25 to 5.9 per cent in Q1 FY26. Gross and Net NPA, measured at 60+ days past due, were at 4.70 per cent and 1.78 per cent respectively.
Financially, the company reported total income of Rs 1,463.6 crore, and Profit After Tax(PAT) rose 27.5 per cent sequentially to Rs 60.2 crore. Pre-provision operating profit (PPOP) was solid at Rs 653 crore, while profit before tax (PBT) climbed 58.8 per cent quarter-over-quarter to Rs 81.1 crore.
The company also strengthened its liquidity, holding Rs 2,025 crore in cash and investments, equivalent to 7.3 per cent of total assets. Capital adequacy remained strong with a CRAR of 25.5 per cent. Credit Access Grameen retains a healthy credit rating of AA-/Stable from CRISIL, ICRA, and India Ratings.
Commenting on the performance, Ganesh Narayanan, CEO and MD (Designate), said, “We’ve started FY26 with positive momentum. Our disbursement growth and declining delinquency across all regions reflect strong customer discipline and improved operational efficiency. The rural outlook remains optimistic, supported by favourable monsoons and renewed credit demand.”
The lender also made strides in diversifying its portfolio, with the Retail Finance segment growing 134.1 percent YoY to Rs 1,783.5 crore. The share of retail loans in total AUM rose from 2.9 per cent to 6.8 per cent YoY, reinforcing the institution’s long-term growth strategy.
Additionally, the company secured Rs 2,570 crore in fresh funding, including drawdowns from a $100 million multi-currency social loan facility, marking a significant step in international capital mobilisation.
Credit Access Grameen, headquartered in Bengaluru, operates in 433 districts across 16 states and one union territory, serving rural women through its 2,114 branches. With a decade of micro-lending experience and the backing of Credit Access India B.V., it remains a key player in driving financial inclusion at scale.
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