Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

AU Small Finance Bank Limited updates on Q4 FY2019-20 performance

Posted On: 2020-04-06 21:25:39


During FY20, AU Small Finance Bank Limited continued its thrust on building a granular, retail, low cost deposit franchise. The aggregate deposit as of March 31, 2020 was at Rs. 26,163 Crores as against Rs. 19,422 crores, up 34% YoY. The deposit has increased 9% QoQ as against Rs. 23,865 crore as of December 31, 2019.

The average cost of funds for the FY 2019-20 was at 7.69% as compared to 7.87% for the FY 2018-19 and 7.77% for the period April 2019 to December 2019.

The Surplus Liquidity as on March 31, 2020 was approx. at Rs. 4,900 crores.

The liquidity coverage ratio was approx. 137% as on March 31, 2020.

Bank completed a PTC securitization transaction amounting Rs. 958 Crore inflow from wheels pools rated AAA(SO) by India Ratings in the last two weeks of quarter ended March 31, 2020.

Moreover, Bank additionally mobilized Rs. 1,000 Crore through refinance from NABARD and SIDBI in the Month of March'20.

During Q4FY20, the bank sold PSL Certificate amounting to Rs. 5,710 Crore; For FY19-20, the aggregate PSL Certificate sold amounting Rs. 15,505 Crore.

Total Balance Sheet Assets as of March 31, 2020 was at Rs. 42,346 crores up 29% YoY from 32,623 crores as of March 31, 2019 and up 10% QoQ from Rs. 38,394 crores as of December 31, 2019.

The Loan - Asset Under Management as of March 31, 2020 was at Rs. 31,133 crores up 28% YoY from 24,245 crores as of March 31, 2019 and up 4% QoQ from Rs. 29,867 crores as of December 31, 2019.

The Loan - Retail Asset Under Management as of March 31, 2020 was at Rs. 26,131 crores up 38% YoY from 18,814 crores as of March 31, 2019 and up 7% QoQ from Rs. 24,302 crores as of December 31, 2019.

The Loan - Retail AUM / Total AUM (%) as of March 31, 2020 was at 84% as compared to 78% as of March 31, 2019 and 81% as of December 31, 2019.

Disbursements for full year FY20 rose ~17% over FY19 led by higher ~28% growth in Retail Disbursements.

NIM remained stable Q-o-Q.

The Gross NPA (%) was at 1.9% as of March 31, 2020, 2.04% as of March 31, 2019 and 1.88% as of December 31, 2019.

The Net NPA (%) was at 0.97% as of March 31, 2020, 1.29% as of March 31, 2019 and 1.01% as of December 31, 2019.

Provisional Coverage Ratio was at approx. 49% as of March 31, 2020, 37.36% as of March 31, 2019 and 46.80% as of December 31, 2019.

Bank continues to have an unwavering focus on doing small ticket secured loans primarily for income generation / productive purposes; ~98% portfolio is secured by collaterals which is predominantly a key income generating asset for the customers.

Share of Non-Cash Collection - Almost 100% of the borrowers registered for electronic modes of payment including ECS and NACH and / or paying through PDCs. On an average ~90% collection through electronic means (ECS / NACH / SI Mandate, Tele-Collection) and PDCs.

Total CRAR was at ~21.25% as of March 31, 2020 as against 19.31% as of March 31, 2019 and 19.28% as of December 31, 2019.

Tier I - CRAR was at ~18.5% as of March 31, 2020 as compared to 16.0% as of March 31, 2019 and 16.5% as of December 31, 2019.

The numbers mentioned above for Q4FY20 and FY20 are Provisional Unaudited numbers and is subject to review & approval of Audit Committee & Board of Directors and are subject to review by the Statutory Auditors of the Bank.

Shares of AU Small Finance Bank Ltd was last trading in BSE at Rs.465 as compared to the previous close of Rs. 489.45. The total number of shares traded during the day was 11830 in over 1933 trades.

The stock hit an intraday high of Rs. 497 and intraday low of 465. The net turnover during the day was Rs. 5528019.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

PNB Gilts Ltd reports Q4 FY2020 PAT of Rs. 99.01 crore

Igarashi Motors India Ltd posts Q4 FY20 net profit of Rs. 2.17 crore

Ashok Leyland launches AVTR - its BS-VI compliant Modular Trucks

PNB Gilts Ltd board recommends final dividend of Rs. 3 for FY2019-20

Lupin and Mylan receive European marketing authorization for Nepexto®, Biosimilar Etanercept

Igarashi Motors India Ltd board recommends dividend of Rs. 1.20

APL Apollo Unveils 'Apollo Fencing Solution' that Blends Protection with Aesthetics

NIIT Ltd Q4 consolidated PAT at Rs. 0.59 crore

Tourism Finance Corporation of India Ltd Q4 PAT falls to Rs. 12.17 crore

Let's Do It India Network in collaboration with Finolex Pipes

Newgen Unveils new AI and ML-based Document Classification Service

Mittal Lifestyle Ltd Posts Excellent Results for Year Ended March 2020

IOL Chemicals & Pharmaceuticals Ltd board to consider Q4, FY20 results on June 12, 2020

Safari Industries India Ltd Q4 FY20 consolidated PAT at Rs. 4.68 crore

Jindal Stainless Limited export orders rebound in May-June period

IndusInd Bank launches India's first mobile app based facility for opening current accounts in a paperless manner

TCS Recognized as a Leader in IDC MarketScape for Business and Industrial IoT Consulting and System Integration Services

Cyient Appoints Meenu Bagla as Vice President and Chief Marketing Officer

Vinati Organics Ltd board to consider Q4, FY20 results, final dividend on June 13, 2020

Maruti Suzuki introduces 'Health and Hygiene' range of Genuine Accessories

DCB Bank announces revised External Benchmark Linked Rate from June 5, 2020

Neogen Chemicals adds another marquee investor to its list of shareholders as promoters divest 11.26 lakh shares

Indiabulls Ventures Ltd allots 2,69,09,089 shares

Dishman Carbogen Amcis Ltd Q4 consolidated PAT at Rs. 71.99 crore

Reliance Industries' rights issue receives overwhelming response with subscription of 1.59 times

IOB updates Moody's rating

Moody's downgrades rating of Powergrid

Oriental Hotels Ltd board recommends final dividend of Rs. 0.20 for FY20

IBM and Persistent Systems to accelerate IBM Cloud Pak Deployment and Core IT Modernization for Enterprises

Duncan Engineering Ltd Q4 loss at Rs. 0.80 crore

De Nora India Ltd Q4 PAT at Rs. 2.20 crore

DISA India Ltd Q4 consolidated loss at Rs. 1.63 crore

DCM Shriram Ltd consolidated Q4 FY2020 PAT at Rs. 207.38 crore

Yash Chemex Ltd posts consolidated PAT of Rs. 1.05 crore in Q4 FY20

MAS Financial Services Ltd reports Rs. 35.67 crore consolidated PAT in Q4 FY20

DCM Shriram Ltd approves investment of Rs. 42.40 crores

DISA India Limited board approves final dividend of Rs. 2.50

Vesuvius India Ltd Q1 CY20 PAT drops to Rs. 18.65 crore

Aurobindo Pharma Ltd Q4 consolidated PAT climbs to Rs. 998.57 crore

Cholamandalam Investment and Finance Company Ltd Q4 consolidated PAT slides to Rs. 42.45 crore

JSPL records a 28% YoY rise in monthly Steel sales volumes with the revival of domestic demand

Moody's downgrade HUDCO's rating

Moody's revise credit rating of GAIL India Ltd

Zensar supports Destination: Home in the US for COVID-19 relief initiatives

Gennex Laboratories Limited receives WHO GMP certificate

EESL and GAIL sign an MoU for Trigeneration projects

CRISIL reaffirms long-term bank facilities rating of TNPL

Sinclairs Hotels Ltd fixes June 18, 2020 as record date for stock split

Religare Enterprises Becomes External Debt-free

Moddys downgrades rating of HPCL







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019