Mr. Subhash Chandra Acharya
Managing Director & Chief Executive Officer
As we look back at the year gone by, we at Seeds Fincap Pvt Limited are
overwhelmed with gratitude for the trust and support that you have extended to us. We are
delighted to present our annual report for the fiscal year 2022, which showcases our
performance and achievements during this period.
We have focused on building a robust and diversified portfolio, with a
keen eye on risk management and the quality of assets. Our teams have worked tirelessly to
identify opportunities and accomplish our mission, ensuring staying true to our ethics,
values and vision philosophy.
Despite being relatively new in the sector, we are proud to report that
we have delivered good results and significant progress. Our dedication and commitment
have allowed us to achieve notable milestones and establish a strong foundation for future
growth.
We have achieved 208Cr AUM with nearly 26000 customers across 5 states
with 54 branches, outperforming our benchmark and peers. This is a testament to the
quality of our investments, the strength of our teams, and the trust that you have placed
in us.
At the same time, we have also expanded our footprint and enhanced our
capabilities. We have added new products to our portfolio, expanded 29 branches to cater
to more entrepreneurs in new territories.
We have also strengthened our risk management and compliance framework
in line with evolving regulatory requirements and best practices.
Furthermore, we are proud to support financial inclusion by extending
loans to individuals new to credit. Additionally, we continue to offer repeat loans to
existing customers who have demonstrated responsible repayment practices and achieved
success in their business endeavours.
None of this would have been possible without your support and trust
which have enabled us to build a strong foundation, and we are committed to delivering
value and growth to you in the years to come. We recognize that our success is deeply
intertwined with yours, and we will continue to work hard ensuring deliver on our promises
and commitments.
Looking ahead, we are optimistic about the future, despite the
uncertainties and challenges that lie ahead.
We believe that Seeds Fincap Private Limited is poised for strong
growth, driven by teamwork, robust management, and technological innovations. We see
exciting opportunities ahead and are well-positioned to capture and control them.
In conclusion, we would like to express our sincere gratitude to all
our investors for their continued support and faith in us. We are privileged to have you
as our partners, and we look forward to a bright and prosperous future together.