IndoStar Capital Finance for Q4FY26 saw Assets Under Management (AUM) climb to 8,056 Cr, with disbursements jumping 21% year-on-year to 1,306 Cr. Full year FY26 Profit After Tax (PAT) hit 130.2 Cr, significantly up from 52.6 Cr in FY25, despite Q4 showing a loss from substantial credit costs due to additional provisions for legacy assets, which strengthens the balance sheet.
Growth is fueled by robust Vehicle Finance and the rapidly expanding Micro Loan Against Property (LAP) segment, leveraging its 454-branch network. Key strategies include scaling used vehicle finance and digital transformation via Project LEAP and data science initiatives to improve customer quality, with 79% of new customers now having CIBIL scores above 725. Capital Adequacy remains strong at 36.1%. Management emphasizes disciplined execution, good liquidity, and strong visibility on recoveries from security receipts.