Key Dates & Expectations • Board meeting on April 28, 2026 for Q4 results & dividend • Expected dividend: ₹42–48 per share Business Highlights • AUM: ₹5.1 lakh Cr (↑22% YoY) • Added ₹25,500 Cr in Q4 alone • New Loans Booked: 12.89 Mn (↑20.5% YoY) • Customer Base: 119.33 Mn Balance Sheet Trends • Deposits: ₹68,550 Cr (↓ YoY) • Strategy shift to optimize cost of funds Estimates & Monitorables • PAT: ₹4,400–4,700 Cr expected • NIM: ~9.8–10.2% • Key focus: – FY27 growth guidance – Credit cost trends – AI-driven opex efficiency Why It Matters Strong AUM and customer growth highlight continued demand strength. Focus now shifts to margins, asset quality, and cost efficiency. Learning Outcome For NBFCs, AUM growth must be balanced with asset quality and funding cost. Investors should track NIM, credit costs, and scalability of operations.

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