Chennai, January 31st, 2026: The Board of Directors of CIFCL today approved the unaudited financial results for the quarter and nine months ended 31st December 2025.
Performance Highlights:
- Aggregate disbursements in Q3 FY 26 were at ₹ 29,962 Cr and ₹ 78,729 in YTD Dec 2025 with the AUM of ₹2,27,770 Cr as of 31st December 2025 as compared to ₹ 1,89,141 Cr as of 31st December 2024, registering a growth of 20% on Y-O-Y.
- Vehicle Finance (VF) disbursements were at ₹ 16,805 Cr in Q3 FY 26 and ₹ 43,991 Cr in YTD Dec 2025, with the AUM of ₹ 1,12,937 Cr as of 31st December 2025 as compared to ₹ 96,673 Cr in the previous year, registering a growth of 17% Y-o-Y.
- Loan Against Property (LAP) business disbursed ₹ 5,285 Cr in Q3 FY 26 and ₹ 14,621 Cr in YTD Dec 2025, with the AUM of ₹ 49,162 Cr as of 31st December 2025 as compared to ₹ 37,564 Cr in the previous year, registering a growth of 31% Y-o-Y.
- Home Loan business disbursed ₹ 2,007 Cr in Q3 FY 26, and ₹ 5,468 in YTD Dec 2025, with the AUM of ₹ 21,691 Cr as of 31st December 2025 as compared to ₹ 17,121 Cr in the previous year, registering a growth of 27% Y-o-Y.
- Small and Medium Enterprises Loan (SME) business disbursed ₹ 1,839 Cr in Q3 FY 26, and ₹ 5,125 Cr in YTD Dec 2025, with the AUM of ₹ 8,338 Cr as of 31st December 2025 as compared to ₹ 6,277 Cr in the previous year, registering a growth of 33% Y-o-Y.
- Consumer and Small Enterprise Loans (CSEL) disbursed ₹ 2,825 Cr in Q3 FY 26, and ₹ 7,013 Cr in YTD Dec 2025, with the AUM of ₹ 14,393 Cr as of 31st December 2025 as compared to ₹ 14,817 Cr in the previous year.
- Secured Business and Personal Loan (SBPL) disbursed ₹ 429 Cr in Q3 FY 26, and ₹ 1,173 Cr in YTD Dec 2025, with the AUM of ₹ 3,221 Cr as of 31st December 2025 as compared to ₹ 2,115 Cr in the previous year, registering a growth of 52% Y-o-Y.
- Gold Loans business disbursed ₹772 crore during Q3 FY26 and continues to scale steadily. We are currently operating through 118 dedicated branches.
- PBT Growth in Q3 was at 18% and for YTD Dec 2025 was at 20%.
- PBT-ROA for Q2 is at 3.2% and 3.1% in YTD Dec 2025.
- ROE for Q3 FY 26 was at 19.11%. and 18.66% in YTD Dec 2025.
The Company continues to hold a strong liquidity position with ₹ 18,379 Cr as cash balance as at the end of Dec’2025 (including HQLA of ₹ 7,155 Cr in GSEC, SDL, T-bill & Strips shown under investments held in compliance with LCR requirements), with a total liquidity position of ₹ 18,857 Cr (including undrawn sanctioned lines). The ALM is comfortable with no negative cumulative mismatches across all time buckets.
- Consolidated Profit Before Tax (PBT) for Q3 FY 26 was at ₹ 1,735 Cr as against ₹ 1,465 Cr in Q3 FY 25 registering a growth of 18% and for YTD Dec 2025 was at ₹ 4,831 Cr as against ₹ 4,043 Cr in YTD Dec 2024 registering a growth of 19%.
Asset Quality:
Stage 3 levels representing 90+ dues were at 3.36% as of December 25 as against 3.35% at the end of September 25. GNPA % as per RBI norms was at 4.63% as of December 25 as against 4.57% in September 25. NNPA as per RBI norms was at 3.13% as of December 25 as against 3.07% in September 25.
The details of the stagewise assets and provisions are given in the Annexure.
Capital Adequacy:
The Capital Adequacy Ratio (CAR) of the company as of 31st December 2025, was at 19.16% as against the regulatory requirement of 15%. Tier-I Capital was at 14.21% (Common Equity Tier-I Capital at 13.79% as against a regulatory minimum of 9%) and Tier-II Capital was at 4.95%.
During this quarter, out of the total CCDs of ₹2,000 Cr, CCDs amounting to ₹307 Cr, were converted in the month of October 2025, resulting in the allotment of 22,42,436 nos of Equity shares. Subsequently, CCDs amounting to ₹ 1,063 Cr were converted in January 2026, with the allotment of 76,31,691 equity shares with this, a balance of ₹ 630 Cr of CCDs remains available for conversion, and this will improve the Tier I Capital in March 2026.
Interim Dividend
The Board of Directors of the Company approved the payment of Interim dividend of 65% being ₹ 1.30 per share on the equity shares of the Company, for the year ending March 31, 2026.
Annexure
Stage wise ECL Summar
