Laxmi India Finance Limited — Investor Meet, 24-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Laxmi India Finance reported H1 FY26 adjusted PAT of ₹21.72 Cr (up 42% YoY) with AUM growing 24.75% YoY to ₹1,386.49 Cr. Capital adequacy hit 31.90% post-IPO, enhancing liquidity and reducing borrowing costs to 11.10%. GNPA rose slightly to 1.59%, attributed to regional floods and a Q2 cash crunch, impacting heavy commercial vehicles. Management is confident of recovery, noting a healthy 35% LTV on NPA cases and reinforced credit policies. The company expanded to 164 branches, planning 23 more. MSME lending (₹7-8 lakh average ticket) remains key (80-85% mix), with a focus away from heavy commercial vehicles. Management's outlook is confident for sustainable AUM growth, driven by expansion and digital initiatives.