Tata Capital Ltd

Tata Capital Q3 FY26 Results: Strong Growth & Stable Asset Quality 📈

- AUM grew 26% YoY (ex-Motor Finance), with 9% sequential growth

- PAT surged 39% YoY to ₹1,285 Cr (ex-Motor Finance)

- Credit costs improved to 1% (ex-Motor Finance)

- Net NPA stable at 0.6% (ex-Motor Finance)

- ROA improved to 2.3% (ex-Motor Finance)

- Housing finance subsidiary saw 30% YoY AUM growth & 25% PAT growth

- Unsecured retail disbursements grew 30% YoY

- Cost-to-income ratio improved to 38.4%

- Digital transformation progressing: 97% digital onboarding, 99% digital collections

- FY26 guidance reaffirmed: 18-20% AUM growth, credit costs <1%, cost-to-income 38-39%