Taageer Finance Company SAOG (TFCI) Earnings Call Transcripts

Taageer Finance Company SAOG's Latest Earnings Call - April 7, 2026

In the first quarter of fiscal year 2026, Taageer Finance Company SAOG (TFCI:OM) reported a revenue increase of 16.2%, reaching OMR 40 million, while net profits declined by 25% due to a 90% rise in provisions. The company maintained its market share at 22.8% and achieved a cost-to-income ratio improvement from 45% to 30%. Management signaled a focus on enhancing credit risk management and recovery strategies, indicating a cautious but proactive approach to growth amidst geopolitical challenges.

Reported metrics

Guidance from management

Management is focused on enhancing credit risk management and recovery strategies while pursuing a digital-first approach. They anticipate a cautious growth trajectory, prioritizing quality over quantity in portfolio management.

What management said

See, in terms of cost-to-income ratio, primarily the biggest components are people and the infrastructure. So what we plan to do is that, as you know, that overall going forward, because of this new digital strategy, so we will be investing significantly in the digital infrastructure. So this cost-to-income ratio slightly is supposed to go up in the future. But we plan to control this within the limits.

And if you look at it, try to reflect it on what is the typical return on investment that you deploy on digitization. I think we all, first of all, agree that it's not elective anymore to become digital first. It's now becoming a survival point. But if you look at it from efficiency point, turnaround time, effectiveness, while it might like Kashif rightly mentioned, might go slightly up. But the expectation is on the...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of the improved cost-to-income ratio and the impact of heightened provisioning on future profitability. Questions were raised about the company's growth strategy and the adequacy of provision coverage moving forward.

Main topics on the call

• Revenue Growth — Taageer Finance reported a revenue increase of 16.2%, reaching OMR 40 million. Management stated, "the company has been consistent in increasing its revenue," highlighting effective cost control measures.
• Provisioning Strategy — Provisions increased by 90% compared to the previous period, impacting net profits negatively. Management emphasized a "prudent provisioning strategy" to address legacy accounts.
• Cost Management — Despite rising revenues, operating expenses increased only by 5%, showcasing effective budget control. The cost-to-income ratio improved significantly from 45% to 30%.
• Market Position — Taageer maintained a market share of 22.8%, indicating stability in its competitive position. The company is one of the largest lenders to SMEs in the market.

Read the full Taageer Finance Company SAOG transcript (April 7, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Taageer Finance Company SAOG earnings call transcripts on record, spanning April 9, 2025 to August 10, 2026. Based on this history, Taageer Finance Company SAOG reports semi-annually. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TFCI

Exchange

MSM

Country

OM

Sector

Financials

Industry

Consumer Finance

Calls on record

4

First call

April 9, 2025

Most recent

August 10, 2026

Reporting cadence

semi-annually