Shares of Satin Creditcare Network Ltd dropped by over 3% after the company reported a 67.3% year-on-year decline in net profit for Q4 FY25, falling to ₹41 crore from ₹125.3 crore in the same quarter of the previous year. The significant profit decline was attributed to weaker operational performance and a drop in net interest income (NII).
In Q4 FY25, Satin Creditcare experienced a 10% decline in Net Interest Income (NII), falling from ₹359.8 crore in Q4 FY24 to ₹324.2 crore. Despite this dip in profit, the company maintained a solid capital adequacy ratio (CAR) of 25.9% and reported a consolidated book value per share of ₹230.
The company ended the quarter with ₹1,217 crore in liquidity, along with access to ₹1,243 crore in undrawn sanctions, which highlights robust confidence from lenders. Notably, 65% of Satin Creditcare’s borrowings are tied to floating interest rates, and the company continues to expand its lender network, adding 14 new institutions in FY25, bringing the total to 79.
On the asset quality front, the company reported gross non-performing assets (GNPA) of ₹323 crore, or 3.7%. Provisions amounted to ₹288 crore, double the regulatory requirement. The stage 3 coverage ratio improved to 62.3%, up from 60.4% a year earlier, and the company also recovered ₹38 crore from previous write-offs.
The stock opened at ₹167.83, with a high of ₹167.83 and a low of ₹160.20. Over the past 52 weeks, the stock has reached a high of ₹252.40 and a low of ₹131.80.
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