Guidance ledger · Q4 FY26

Bandhan Bank Ltd BANDHANBNK

4 revisions on record · 1 lowered · 2 raised — the strikethrough is what management used to say

gives specific guidance · shifted across quarters

Holding view → · latest concall · The pulse

↑ raised FY27-exit ROA target Q1 FY26 → Q4 FY26

~~Not articulated (Q1FY26)~~ → 1.6% to 1.8% by Q4FY27, give or take 10 bps

“ROA as we said we already touched 1.1% and our aim is to reach 1.6% to 1.8%”

→ narrowed Secured mix target (FY27 exit) Q1 FY26 → Q4 FY26

~~Secured 52% of book, 58% target distant (Q1FY26)~~ → 56% achieved Q4FY26; 58% target near-met a year early

“of 58%-42%. So that's what our goal at FY27”

↑ raised NIM trajectory Q1 FY26 → Q4 FY26

~~6.4% Q1, compression expected (Q1FY26)~~ → 6.2% Q4 with 10-20 bps further improvement over next 2-3 quarters; FY27-exit ~6%

“improving sequentially to 6.2%”

↓ lowered Credit cost FY27-exit target Q3 FY26 → Q3 FY26

~~2.5% over 2-3 years (Q1FY26 framing)~~ → 1.6% to 1.7% overall by Q4FY27; 2.5%-3% for EEB segment

“1.6% to 1.7% as of the end of FY27”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.