CreditAccess Grameen Ltd.CREDITACC₹1,322.70 +6.58%

Shares of CreditAccess Grameen surged over 9% in early trade today, hitting an intraday high of ₹1,354.80, after the company posted a strong Q1 FY26 business update post-market hours yesterday.

The microfinance lender reported its highest-ever first-quarter disbursements and continued business momentum, adding nearly 2 lakh new borrowers during the quarter.

A key highlight was the broad-based decline in PAR 15+ accretion across major states like Karnataka, Tamil Nadu, Maharashtra, and Bihar. PAR 15+ refers to loans overdue by more than 15 days, and the accretion rate indicates how much of the portfolio slipped into that category during the period. A lower accretion rate signals improving repayment discipline and stronger asset quality. For instance, Karnataka’s PAR 15+ accretion dropped from 2.02% in June 2024 to just 0.59% in June 2025, with similar trends across other geographies.

The company also expanded its employee base from 20,970 to 21,333 during the quarter, further supporting growth. With rising disbursements, a growing borrower base, and improving asset quality, CreditAccess Grameen has set a strong tone for FY26, boosting investor confidence.

Let’s take a look at its Factor Analysis scores:

Note: The stock price mentioned is as of 2:25 PM.

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Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.