Indostar Capital Finance Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
IndoStar Capital Finance reported Q1 FY27 retail disbursements of Rs 1,235 crore, up 44% year-on-year, with AUM at Rs 8,244 crore, up 6% year-on-year and 2% sequentially. Profit after tax was Rs 11 crore, a recovery from a loss of Rs 424 crore in Q4 FY26 which had included one-time provisioning on security receipts and a management overlay. Management said asset quality metrics such as early delinquency and non-starter ratios improved year-on-year, and that the Micro LAP business grew disbursements 85% year-on-year with AUM increasing to Rs 217 crore.
IndoStar reported Q4 FY26 disbursements of Rs 1,306 crore, up 17% quarter-on-quarter, alongside a net loss of Rs 424 crore driven by an additional Rs 326 crore provision on security receipts and a Rs 49 crore management overlay related to the West Asia crisis. Management described FY26 as a year of tightening credit underwriting, diversifying the vehicle finance portfolio away from MHCV, and building sales capacity, with net interest margin expanding from 5.6% to 7.8% for the full year. The company also outlined a three-year framework through FY29 targeting 35% CAGR disbursement growth and profit after tax of Rs 450-500 crore.