K Paul Thomas, Managing Director & CEO, ESAF Small Finance Bank
| Photo Credit:
cueapi
ESAF Small Finance Bank has reported a net profit of ₹24 crore for Q4 FY26, as against a loss of ₹183 crore in the same quarter last year and a profit of ₹7 crore in the previous quarter.
Total business stood at ₹48,276 crore, registering a year-on-year growth of 14.8 per cent. Gross advances grew 19.4 per cent to ₹22,426 crore, while deposits increased 11.1 per cent to ₹25,850 crore.
Gold loans emerged as a key growth driver, with the portfolio expanding to ₹8,858 crore, reflecting 54.5 per cent growth. In line with the Bank’s calibrated de-risking strategy, the microfinance portfolio moderated from ₹8,857 crore in Q4 FY25 to ₹8,746 crore in Q4 FY26, with its share of gross advances declining from 47 to 39 per cent.
K Paul Thomas, Managing Director & CEO, ESAF Small Finance Bank, said: “The successful execution of our MARG strategy —focusing on MSME, Agri, Retail, and gold lending — has accelerated our shift towards a more secured, granular, and sustainable portfolio. With secured assets now accounting for over 60 per cent of our advances, we are building a resilient balance sheet for long-term growth. We remain confident that this strategic shift, supported by investments in technology, operational efficiency, and risk management, will continue to drive consistent performance while staying true to our mission.”
Published on April 30, 2026
