CreditAccess Grameen Shares Jump 7.20% After Record Q1 FY26 Disbursements, PAR Metrics Improve
By Shishta Dutta | Updated at: Oct 13, 2025 12:22 PM IST
Mumbai, July 4, 2025 – CreditAccess Grameen Ltd (NSE: CREDITACC) surged 7.20% in early trade on Thursday, as investors reacted positively to the company’s robust financial update for the quarter ending June 30, 2025, marked by its highest-ever first-quarter disbursement.
The company stated that the performance was driven by strong business momentum, continued scale-up in operations, and a decline in delinquency rates across states. It also highlighted strict adherence to MFIN Guardrails and acceleration in hiring to support expansion.
The stock rallied from a previous close, reaching an intraday high of ₹1,330.40, up 7.20% as of 11:40 AM, trading near its 52-week high of ₹1,369.00.
Key Operational Highlights: Q1 FY26
The company reported its highest-ever first-quarter disbursement, accompanied by improved asset quality and borrower additions:
| Metric | Mar-25 | Jun-25 | Change |
|---|---|---|---|
| Gross Loan Portfolio (GLP) | ₹25,948 Cr | ₹26,055 Cr | +₹107 Cr |
| New Borrowers Added | — | ~2.0 lakh | — |
| Employees | 20,970 | 21,333 | +363 |
| PAR 0+ (%) | 6.9% | 5.9% | -100 bps |
| PAR 30+ (%) | 5.5% | 4.9% | -60 bps |
| PAR 90+ (%) | 3.3% | 3.3% | Stable |
Note: GLP figures include ₹693 crore in write-offs for Q1 FY26.
State-Wise Asset Quality Trend
According to the presentation on page 3, notable improvement was seen in key geographies:
| State | PAR 0+ (Mar-25) | PAR 0+ (Jun-25) | PAR 90+ (Jun-25) |
|---|---|---|---|
| Karnataka | 8.7% | 9.2% | 5.1% |
| Maharashtra | 3.3% | 2.7% | 1.2% |
| Tamil Nadu | 8.1% | 5.8% | 3.4% |
| Bihar | 12.2% | 8.5% | 5.2% |
| Madhya Pradesh | 3.8% | 3.3% | 1.6% |
The graph on page 4 also confirms broad-based reduction in PAR 15+ accretion across all operating geographies, notably in Bihar, Tamil Nadu, and Maharashtra.
Outlook
The strong preliminary results, led by record disbursements and improved asset quality, boosted investor confidence and drove the stock higher. Market response reflects optimism around operational growth, and the trend suggests sustained investor interest if performance metrics continue to strengthen.
About the Company
CreditAccess Grameen Limited, listed on both NSE and BSE since August 23, 2018, is India’s largest NBFC-MFI focused on rural lending. The company primarily serves low-income women borrowers with small-ticket microloans for livelihood and household needs. It is part of the CreditAccess Asia group. The stock is included in the NIFTY 500 index.
REF: https://nsearchives.nseindia.com/corporate/CREDITACC_03072025230908_03072025_BusinessUpdate.pdf
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