RBL Bank (RBLBANK) investor relations material

Executive summary

• Net profit for Q4 FY26 was ₹230 crore, up 234% YoY and 7% sequentially; consolidated net profit reached ₹244 crore, up 181% YoY.

• Advances grew 23% YoY to ₹1,14,232 crore; deposits up 25% YoY to ₹1,39,018 crore; total business grew 24% YoY to ₹253,250 crore.

• Retail advances rose 20% YoY, with secured retail assets up 36% YoY and microfinance advances up 34% YoY.

• Asset quality improved: GNPA down to 1.45%, net NPA at 0.39%.

• Board approved preferential issue of shares to Emirates NBD Bank, which will become the promoter, subject to regulatory approvals.

Financial highlights

• Net interest income up 7% YoY to ₹1,671 crore; other income up 7% YoY to ₹1,069 crore; core fee income up 9% YoY to ₹1,057 crore.

• Operating profit grew 11% YoY to ₹955 crore; cost-to-income ratio improved to 65.1%.

• Provisions for Q4 FY26 declined 14% YoY to ₹678 crore; credit cost for the quarter was 65 bps.

• Standalone total income for Q4 FY26: ₹478,921 lakh, up from ₹447,560 lakh in Q4 FY25.

• CASA ratio at 33.6%; average LCR for the quarter was 130%.

Outlook and guidance

• Deposit growth in FY 2027 expected to be single-digit or low double-digit, picking up to 15%-20% in FY 2028.

• Margins expected to be stable in Q1 FY 2027, with improvement from Q2 as capital infusion and credit card growth take effect.

• Credit card slippages to remain elevated in H1 FY 2027, normalizing in H2; normalized credit cost expected to settle around 1.5% in H2.

• Board and management expect continued growth, with strategic focus on capital strengthening and regulatory compliance.

• Implementation of new labor codes and regulatory changes being closely monitored for impact.