'SBFC Finance conducted a conference call on 28 October 2024 to discuss its financial results for the quarter ended September 2024. Aseem Dhru, MD&CEO of the company addressed the call:
Highlights:
The AUM of the company has surged 33% yoy and 8% qoq to Rs 7715 crore. The disbursements eased 4% yoy, while jumped 26% qoq to Rs 672 crore in Q2FY2025.
The company has improved yield on loans by 11 bps qoq and 32 bps yoy to 17.69% in Q2FY2025.
Spreads have moved up 14 bps qoq and 85 bps yoy to 8.37%.
The cost of borrowing was stable on a qoq as well as yoy basis at 9.32% in Q2FY25.
GNPA ratio of the company rose 9 bps qoq to 2.69% end September 2024. NNPA ratio also rose 12 bps qoq to 1.63% end September 2024. Provision Coverage Ratio stood at 40.17% end September 2024.
1+ dpd has declined 4 bps in Q2 to 6.33% end September 2024. The credit cost was higher at 1.03% in Q2FY2025.
Return on AUM stood at 4.56% and RoE at 12.67% ...
Pleaselogin & subscribe to view the full report.
More Reports
-
(05-Feb-2025)
Castrol India
Expects EBITDA margin of 22%-25% for CY25
-
(10-Feb-2023)
Deepak Nitrite
Plans capex of about Rs 1500 crore for FY23 and FY24
-
(09-Feb-2023)
Mayur Uniquoters
Targets revenue of Rs 1000 crore in FY24
-
(31-Jan-2023)
Tega industries
Capex plan is US$ 30-32 million for next three years
|
|