On Tuesday, Tata Capital’s shares on the NSE surged 4.2% after the company posted a 51.32% YoY increase in net profit to ₹1,660 crore, up from ₹1,097 crore a year earlier, and revenue up 20.7% to ₹9,342 crore.
The loan book crossed ₹3 trillion, with assets under management hitting ₹3,08,030 crore – a 26% jump year‑on‑year, and 32% growth excluding motor finance.
Operating expenses‑to‑average net loan book ratio fell to 2.3% from 2.6%, while the cost‑to‑income ratio dropped to 35.3% from 39.7%.
Gross stage‑3 assets stood at 1.9%, net stage‑3 at 0.8%, with a provision coverage ratio of 58.6%. Total equity was ₹47,778 crore and the capital adequacy ratio was 17.3%.
The board approved a $3 billion medium‑term note programme—up from $2 billion—while AI‑driven underwriting now powers 95%+ of business loans, and the company signals a targeted expansion of its dollar bond issuance pending market conditions.