PTC India Financial Services533344Quarterly results

Q2 FY27 call: loan book back to growth at INR3,684 crores, gross Stage 3 eases to INR126 crores

Transcript of the Q2 and H1 FY27 investor call shared with the exchanges.

By ScoutQuest · Fri 30 Oct 2026, 3:50 PM IST · 2 min read

Loan assets: INR3,684 crores from INR2,946 crores in the previous quarter, up approximately 25%
Total income and profit after tax: Total income INR114 crores and profit after tax INR44 crores; interest spread 1.18%
Gross Stage 3: declined to INR126 crores from INR190 crores

What this update carries

The document is the transcript of the investor conference call held on 28 October 2026, where management discussed the company's performance for the quarter and half year ended 30 September 2026. The call was addressed by the Managing Director and CEO, the Director Finance and CFO, and the Director Operations.

Loan book turns to growth

Loan assets stood at INR3,684 crores as on 30 September 2026, against INR2,946 crores as on 30 June 2026, a sequential increase of approximately 25%.
Management said loan assets have moved to an upward trajectory after a gap of 10 quarters.
Loan sanctions in the quarter were INR3,098 crores, described as a 36-quarter high.
Disbursements in the quarter were INR1,595 crores, described as a 19-quarter high.
The stated strategy is quality-led infrastructure lending across large, medium and small ticket sizes, with a balance between private sector and PSU borrowers.

Profit and loss for the quarter

Total income: INR114 crores.
Profit after tax: INR44 crores.
Return on assets, annualised: 3.65%; return on net worth, annualised: 5.64%.
Interest spread improved to 1.18% during Q2 FY27, which management linked to an improvement in lending spread.

Asset quality and liquidity

Gross Stage 3 assets declined to INR126 crores from INR190 crores in Q1 FY27.
Management said gross Stage 3 remains contained and is supported by adequate provisioning.
Liquidity position was described as comfortable, with positive cumulative net cash flow across all the reported ALM maturity buckets and a strong liquidity coverage ratio.

Funding and lenders

A fresh sanction of INR200 crores from Central Bank of India was received, which also added a new bank to the lender base.
An in-principle sanction from another bank is in place, and the formal sanction letter is expected soon.
The stated focus is on further diversifying and strengthening the funding base across lender segments.

Portfolio mix

The renewable energy and energy transition portfolio increased to approximately 45% of the loan book during the quarter.
This spans renewable energy as well as newer areas of the energy transition ecosystem.

Guidance indicated by management

Performance metrics are expected to improve going forward; the company is currently in a portfolio building phase, and spread metrics may stay tight for a couple of quarters.
The company said it has a strong disbursement pipeline for the current quarter, while also building a quality pipeline to support growth over the medium term.
The focus for the rest of FY27 is on converting the existing pipeline, deepening client relationships and maintaining underwriting discipline, with the aim of sustaining the momentum created in the first half.

How a retail reader can frame it

Three things moved together in the quarter: a larger loan book, higher fresh sanctions and disbursements, and a lower gross Stage 3 figure, alongside a slightly better interest spread.
The management commentary points to a deliberate build-up phase, where spreads may stay tight for a couple of quarters before metrics improve.

Also from PTC India Financial Services

RTA KFin Technologies shifts Corporate Office to Kokapet, Hyderabad from 1 December 2026

3 Nov 2026

PTC India Financial Services shares audio recording of Oct 28, 2026 investors' call on Q2/H1 FY27 results

28 Oct 2026

PTC India Financial Services Ltd press release

27 Oct 2026

All PTC India Financial Services stories