CREDITACCESS GRAMEEN LIMITED — Investor Meet, 21-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

CreditAccess Grameen delivered steady Q4 FY25 financials amid sector challenges. Portfolio quality improved outside Karnataka, with stress expected to ease by Q1 FY26. New borrowers made up 43% of disbursements, supporting growth despite subdued volumes. Credit cost was elevated at INR 583 crore (Q4) and 7.7% for FY25 due to Karnataka stress and write-offs. NIM remained strong at 12.7%. FY26 guidance targets 14-18% AUM growth, stable margins, and improved credit cost and returns. Management emphasized stronger underwriting, control measures, and a leadership change in June. Tone is cautiously optimistic on asset quality and growth.