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Satin Creditcare Q4 Results | Net profit tumbles 67% to ₹41 crore, NII down 10%On the asset quality front, on-book gross non-performing assets (GNPA) stood at 3.7%, or ₹323 crore, while provisions on the books were ₹288 crore, well above the ₹144 crore required by the RBI. Shares of Satin Creditcare Network Ltd ended at ₹167.60, up by ₹4.35, or 2.66%, on the BSE.By Jomy Jos Pullokaran   May 7, 2025, 7:15:37 PM IST (Published)2 Min ReadMicrofinance firm Satin Creditcare Network Ltd on Wednesday (May 7) reported a 67.3% year-on-year (YoY) decline in net profit at ₹41 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, Satin Creditcare Network posted a net profit of ₹125.3 crore.

Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, fell 10%, coming at ₹324.2 crore against ₹359.8 crore in the corresponding quarter of FY24.

Satin Creditcare Network reported a capital adequacy ratio (CAR) of 25.9% as of March 31, 2025. The company’s consolidated book value per share stood at ₹230. It also maintained a healthy liquidity position with ₹1,217 crore in balance sheet liquidity and undrawn sanctions worth ₹1,243 crore as of the reporting date.

Also Read: Satin Creditcare raises Letter of Comfort limit for Satin Housing Finance to ₹300 crore

Total on-book borrowings were ₹7,887 crore, with a debt-to-equity ratio of 2.77x. The company’s borrowing profile remained well-diversified: 63% from banks, 20% from overseas funds, 10% from NBFCs, and 6% from development finance institutions (DFIs).

Notably, 65% of these borrowings were on a floating rate basis. Satin continues to benefit from strong lender confidence, boasting a base of 79 active lenders, including 14 added during FY25.

On the asset quality front, on-book gross non-performing assets (GNPA) stood at 3.7%, or ₹323 crore, while provisions on the books were ₹288 crore, well above the ₹144 crore required by the RBI. The stage 3 coverage ratio improved to 62.3% as of March 2025, up from 60.4% a year earlier. The company also recovered ₹38 crore against previous write-offs during the year.

Also Read: Satin Creditcare Network gains on 34% YoY growth in AUM in FY24

Satin saw consistent quarterly disbursements throughout the year, driving 5% sequential and 7% annual growth in assets under management (AUM). FY25 disbursements surpassed FY24 levels. Portfolio at risk (PAR) trends improved significantly, with PAR 1 dropping 192 basis points to 4.9% in March 2025 from 6.8% in September 2024, showing a sustained improvement from November 2024 onward.

The results came after the close of the market hours. Shares of Satin Creditcare Network Ltd ended at ₹167.60, up by ₹4.35, or 2.66%, on the BSE.

Continue Reading(Edited by : Shoma Bhattacharjee)Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsResults BoardroomSatin Creditcare Network