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AU Small Finance bank Q4FY26 result
28 Apr 2026, 11:44AM

  • NIM expanded 24 bps QoQ to 5.96% (ahead of our estimates), driven by three factors: 12 bps decline in cost of funds, 6 bps benefit from lower slippages/higher NPA resolution, and ~7 bps seasonal benefit from lower February day count
  • As a result of which NII was up 23.3% YOY helped by margin expansion and robust loan growth.
  • Opex was higher due to business volume and capacity addition however lower credit cost drove PAT at 65.2% YoY to Rs832 crore (ahead of estimates)
  • Overall asset quality improved on sequential basis as GNPA and NNPA ratios declined to 2.03% and 0.74%, while fresh NPA addition was also lower. 

Particulars

Q4FY26

Q4FY25

YoY

Q3FY26

QoQ

Net Interest Income

           2,582

           2,094

23.3%

           2,341

10.3%

Other income

              731

              761

-3.9%

              724

1.0%

Net Income

           3,313

           2,855

16.1%

           3,065

8.1%

Opex

           1,962

           1,562

25.6%

           1,850

6.1%

Operating Profit

           1,352

           1,292

4.6%

           1,215

11.2%

Provisions

              269

              635

-57.6%

              331

-18.6%

PAT

              832

              504

65.2%

              668

24.6%

 

 

 

 

 

 

Advances

      1,34,276

      1,07,092

25.4%

      1,23,420

8.8%

Deposits

      1,52,661

      1,24,269

22.8%

      1,38,415

10.3%

 

 

 

 

 

 

NIMs %

               6.0

               5.8

16 bps

               5.7

24 bps

GNPA %

             2.03

             2.28

-25 bps

             2.30

-27 bps

NNPA %

             0.74

             0.74

0 bps

             0.88

-14 bps

PCR %

64.1

68.1

-398 bps

62.1

197 bps

 

 

Particulars

Q4FY26

Q3FY26E

Var

Net Interest Income

            2,582

            2,525

2%

Operating Profit

            1,352

            1,338

1.0%

PAT

               832

               743

12.0%

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