Indostar Capital Finance Ltd
Indostar Capital Finance Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #29 of 59 in Finance
See the sector's top 10 — free with your mobile number.
Indostar Capital Finance Ltd Q2 FY26 key numbers
- Revenue
- Disbursements expected to pick up sequentially in coming quarters, with Q2 FY '26 at Rs. 927 crores, following a smaller dip from prior year.
As stated in Indostar Capital Finance Ltd's Q2 FY26 earnings call transcript · published 8 Aug 2026. Reported figures, not investment advice.
The short version
Disbursements expected to pick up sequentially in coming quarters, with Q2 FY '26 at Rs. IndoStar expects sequential disbursement growth in the second half of FY '26, typically 1.4-1.5x of H1 growth. - AUM guidance for FY '26 remains at 12%-15% growth and 15%-17% for FY '27, though H1 has been behind target. - Operational efforts include policy tightening, cautious risk management, and targeting quality customer segments. - Cost of funds is steadily declining, aiding margins; incremental borrowing costs at 9%-9.25%. - Focus on improving portfolio quality and increasing collections, with collection efficiency improving from 92% towards 94%-95%. - Net interest income margin improved to 7.6% in Q2 FY '26, supporting profit growth. - Capital adequacy remains strong at 37.3%, enabling growth funding. - Management aims for steady, profitable growth balancing growth, asset quality, and profitability. - EPS for Q2 FY '26 was Rs.
From Indostar Capital Finance Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.
Revenue & Sales Performance
- Disbursements expected to pick up sequentially in coming quarters, with Q2 FY '26 at Rs. 927 crores, following a smaller dip from prior year.
- Second half (H2) disbursements typically 1.4-1.5x of first half (H1), indicating stronger growth momentum ahead.
- Vehicle finance business showed 8% growth in disbursements in the latest quarter, reversing some softness.
- Focus on balanced growth with disciplined risk management to maintain portfolio quality.
- Micro LAP segment targeted for scaling, expanding from Tamil Nadu to Andhra Pradesh and Telangana, aiming for presence in 3-4 states by year-end.
- Branch network steady at ~450 branches, with a strategic pause on opening new branches, focusing on utilization and productivity improvements.
2 more points from Indostar Capital Finance Ltd's call on revenue
Create a free account to keep reading this call
Profitability & Margins
See what Indostar Capital Finance Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- IndoStar Capital Finance is making significant investments in building the Micro LAP business, including hiring a senior team led by Amit Khan with 25+ years of mortgage experience.
- The company plans a calibrated, gradual launch of Micro LAP across its existing 450 branches rather than rapid expansion, ensuring portfolio quality and risk management.
- No major new branch expansion planned imminently; branch count stabilized around 440-450. Focus on optimizing existing infrastructure before new capex in branches.
- Investments are ongoing in people, particularly sales staff, with a significant hiring pipeline to support growth momentum, expected to exceed earlier numbers.
Top-ranked in Finance
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Indostar Capital Finance Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Focus is primarily on retail disbursement and AUM (Assets Under Management) figures, not on order books.
- Q2 FY '26 retail disbursement was Rs. 927 crores, slightly up from the previous quarter but down from the prior year.
- AUM stood at Rs. 7,564 crores, a marginal dip from Rs. 7,783 crores in the previous quarter.
2 more points from Indostar Capital Finance Ltd's call on order book
Create a free account to keep reading this call
Continue your research
What Indostar Capital Finance Ltd's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
Others in Finance this season
- Akiko Global Services Ltd (Q2 FY26)
Revenue from Operations (Consolidated) for FY25: ₹76.3 crore . Key investor presentation takeaways from Akiko Global Services Ltd's Q2 FY26 investor presentatio
- Akme Fintrade (Q2 FY26)
Gross Interest Income: ₹64.77 Cr (↑51.37% YoY) . Key investor presentation takeaways from Akme Fintrade (India) Ltd's Q2 FY26 investor presentation — and how it
- Capital Trust (Q2 FY26)
Total Income for Q2 FY26: ₹8.8 Cr, down 65% YoY from ₹25.1 Cr in Q2 FY25, and down 30% QoQ from ₹12.6 Cr in Q1 FY26 (Page 23). Key investor presentation takeawa
- Dar Credit & Capital Ltd (Q2 FY26)
250 crore in FY'26, up from Rs. Key concall takeaways from Dar Credit & Cap's Q2 FY26 earnings call — and how it ranks against sector peers.
Potential multibaggers · Q2 FY27
Potential multibaggers in Finance
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
Indostar Capital Finance Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Indostar Capital Finance Ltd Q2 FY26 results?
Disbursements expected to pick up sequentially in coming quarters, with Q2 FY '26 at Rs. IndoStar expects sequential disbursement growth in the second half of FY '26, typically 1.4-1.5x of H1 growth. - AUM guidance for FY '26 remains at 12%-15% growth and 15%-17% for FY '27, though H1 has been behind target. - Operational efforts include policy tightening, cautious risk management, and targeting quality customer segments. - Cost of funds is steadily declining, aiding margins; incremental borrowing costs at 9%-9.25%. - Focus on improving portfolio quality and increasing collections, with collection efficiency improving from 92% towards 94%-95%. - Net interest income margin improved to 7.6% in Q2 FY '26, supporting profit growth. - Capital adequacy remains strong at 37.3%, enabling growth funding. - Management aims for steady, profitable growth balancing growth, asset quality, and profitability. - EPS for Q2 FY '26 was Rs.
What is Indostar Capital Finance Ltd share price analysis?
Indostar Capital Finance Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹3,150 Cr. Investors should review the full earnings analysis for detailed insights.
Is Indostar Capital Finance Ltd planning capital expenditure?
IndoStar Capital Finance is making significant investments in building the Micro LAP business, including hiring a senior team led by Amit Khan with 25+ years of mortgage experience.
Keep Indostar Capital Finance Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.