Synopsis

Paisalo Digital shares hit the 20% upper circuit after the company announced that promoter shareholding increased to 46.72% in Q1FY27 from 41.75% in FY26 through open market purchases. The company also outlined an AI-led growth strategy and a roadmap to double its AUM, income and profit over the next three years.

Paisalo Digital shares were locked in the 20% upper circuit at Rs 71.06 after the company announced that promoter shareholding increased to 46.72% in Q1FY27 from 41.75% in FY26 following a series of open market acquisitions.

The company said the promoter group's 4.97% stake addition during the quarter marks the latest step in a multi-year increase in promoter ownership. Promoter holding has risen from around 26% in FY19 to about 37% in FY25, 41.75% in FY26 and now 46.72% in Q1FY27.

According to the company, the increase in promoter shareholding reflects continued confidence in its long-term strategy, business model, governance, execution capabilities and its focus on delivering technology-enabled credit to MSMEs, micro-enterprises and underserved borrowers across Bharat.

Paisalo said its three-year roadmap targets doubling its assets under management (AUM), total income and profit after tax (PAT), while maintaining disciplined risk management and asset quality. It added that the company is transitioning from a "High Touch-High Tech" model to a "Fin AI"-led lending franchise by integrating artificial intelligence across customer acquisition, underwriting, risk assessment, portfolio monitoring and collections.

The company said its long-term growth strategy rests on four pillars. It plans to deepen the use of AI and machine learning across underwriting, fraud detection, early warning systems and collections, while maintaining asset quality through disciplined credit selection, robust collections infrastructure and real-time monitoring.

Paisalo also aims to expand its distribution network beyond its existing 5,299 touchpoints across 22 states and Union Territories, while scaling its MSME and micro-enterprise lending business, broadening its product portfolio, improving operating leverage and diversifying its liabilities to optimize the cost of capital.

Commenting on the development, Deputy Managing Director Santanu Agarwal said the increase in promoter shareholding to 46.72%, including the 4.97% addition during the quarter, reflects the promoters' long-term confidence in Paisalo's growth journey.

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He added that the company remains focused on building an AI-led and risk-disciplined lending franchise with responsible growth, technology-led underwriting, deep distribution, strong governance and asset quality, while pursuing its roadmap to double AUM, income and PAT.

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