Equitas SFB says Maharashtra farm loan waiver and IRDAI commission proposal will have limited impact; advances growth guidance raised

Tue 29 Sep 2026

Microfinance exposure to Maharashtra

2 to 2.5 percent of total advances

Collection efficiency Maharashtra

99.7 to 99.75 percent

Total insurance revenue last year

95 crore rupees

Potential revenue impact from IRDAI proposal

25 to 30 crore rupees

Advances growth guidance start of year

20 percent plus

Heard on Live TV News Channel between 10:01:05 - 10:02:20 IST.

• Management said microfinance exposure to Maharashtra is around 2-2.5% of total advances, and no change seen in repayment pattern or collection efficiency (99.7-99.75%) despite farm loan waiver talk.
• On IRDAI's proposed cut in insurance commissions, management estimated a potential revenue impact of Rs 25-30 crore out of about Rs 95 crore total insurance revenue, calling it not significant.
• Guided advances growth of 20%+ at start of year; H1 tracking near 25%, expects revised guidance above 25%, possibly higher in H2.
• Credit cost guidance of 1.5% for the year likely to be beaten, Q1 came in at 1.36%; NIM was 7.24% in Q1 with expected 15 bps reduction offset by lower cost of funds.
• ROA guidance of 1.2% for full year and 1.5% exit ROA expected to be comfortably exceeded.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.