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Spandana Sphoorty Financial reported strong Q4 FY26 results. AUM grew 12% QoQ to INR4,420 Cr, supported by INR500 Cr monthly disbursements. X-bucket collection efficiency improved to 99.7%, marking a return to profitability with PAT at INR5 Cr. Operating expenses reduced to INR161 Cr.
Management targets sustainable growth, aiming for INR6,500 Cr AUM by FY27 and INR9,000-INR10,000 Cr by FY28. The focus includes new customer acquisition, targeting 0.7 Cr new borrowers in FY27 to reach 1.6 Cr total, while maintaining 99.5% collection efficiency. Technology upgrades and an unsecured individual loan product (INR0.01-0.04 Cr ticket size) are underway. Management expressed confidence in future performance.