Paisalo Digital Q3FY26 Results: PAT Jumps 29% QoQ, AUM Crosses Rs 5,500 Cr; Key Metrics Inside

The financial results for the quarter that ended on December 31, 2025, were released by the NBFC company Paisalo Digital today. With Assets Under Management (AUM) growing to Rs 5,508.2 crore from Rs 4,748.8 crore in Q3FY25, the firm recorded a sustained rise in its asset base during Q3FY26, indicating a robust 16% YoY growth. AUM climbed slightly by 1% on a sequential basis from Rs 5,449.4 crore in Q2FY26.

The quarter's disbursements were Rs 1,057.4 crore, a 7% YoY growth over the Rs 985.6 crore made in the same quarter the previous year. Disbursements, however, dropped 4% on a quarterly basis from Rs 1,102.5 crore in Q2FY26. From Rs 203.8 crore in Q3FY25 to Rs 240.1 crore in Q3FY26, the total income showed a robust 18% YoY growth. Income climbed 7% sequentially over Rs 224.0 crore recorded in Q2FY26.

Profitability also improved as seen by the 6% YoY improvement in Profit After Tax (PAT), which rose to Rs 66.3 crore in Q3FY26 from Rs 62.4 crore in the same quarter last year. PAT jumped by 29% on a quarter-on-quarter basis from Rs 51.5 crore in Q2FY26. On the margin front, the Net Interest Margin (NIM) saw a slight contraction of 2 basis points on a YoY basis, although it was steady at 6.6% in Q3FY26, about in line with Q3FY25. NIM sequentially climbed from 6.5% in Q2FY26 by 5 basis points.

Trends in asset quality were still positive. Although it climbed by just 2 basis points from 0.81% in Q2FY26, gross non-performing assets (NPA) decreased by 27 basis points to 0.83% in Q3FY26 from 1.10% in Q3FY25. Similarly, Net NPA remained relatively consistent sequentially at 0.65% in Q2FY26 but improved to 0.66% from 0.84% a year earlier, a drop of 18 basis points.

Mr. Santanu Agarwal, Deputy Managing Director of Paisalo Digital Ltd, said: "Progress on India-US trade engagement, along with favorable macro policies have strengthened India's economic outlook. The Union Budget 2026 further reinforced policy support for MSMEs through enhanced credit guarantees, improved access to growth capital, and stronger receivables-financing mechanisms, creating a favorable environment for sustained MSME growth and formal credit expansion."

"Q3 FY26 marked another quarter of disciplined, sustainable growth for Paisalo. We expanded AUM by 16% YoY to Rs 55,082 Mn and delivered our highest-ever quarterly PAT of Rs 663 Mn, underscoring the strength of our operating model and stable asset quality. Our customer franchise reached ~14 million, with about 1.6 million additions this quarter. We also raised Rs 1,885 Mn at an 8.5% cost of funds, optimizing our liability profile to support capital efficient growth across MSME and income-generation lending," he added.

"Paisalo has embarked on a transformational journey to become an AI-first franchise, embedding AI across its lending, risk, and operations stack. By integrating advanced data ecosystems, automated workflows, and intelligent customer journeys, Paisalo is building a future-ready platform to drive sustainable, tech-led growth," Santanu Agarwal further stated.

While the company's customer franchise grew to a record ~14 Mn, with ~1.6 Mn customers drawn in during the quarter, it increased its reach by adding 492 new contact points during the quarter, bringing the total number of touchpoints to 4,872 across 22 states in Q3 of FY26.