Total AUM is at 35,490 crores grew by 8% YoY due to a slightly higher runoff post the moratorium.
Delivered best ever disbursal collections and profitability in Q4 FY22.
Performance is improved by recovery in both Auto and Mortgage Industry.
Strong rebound in residential housing sales in the current quarter due to the demand from customers.
Three new businesses are launched this year which are consumer and small enterprise loans, secured business and personal loans, small and medium enterprise loans.
Strong liquidity of 5,341 crores including 1500 crores invested in G-Secs.
Total security position of 13,246 crores including undrawn sanctions.
Board of Directors recommended a dividend of 70 paise per share which is 35% equity shares of company.
An interim dividend of 1 rupee and 30 paise is also declared in FY22.
Adopted a price tag of provisioning norm according to RBI circular from Nov 1st, 2021.
Recruited more employees for collections to make it intensive in last 6 months.
Total Restructured book is at 3800 crores by the end of march, 2022 with stage 2 at 3362 crores.
CSEL business is improving with 33% of partnership business and 66% of traditional business.
In CSE loan book focus is more on professional and business loans compared to personal loans.
OPEX increased due to increased disbursals and investments in new businesses.
Net NPA is targeted to be below 4% in FY23.
NIM is at 1,516 crores in Q4 FY22 grew by 13% YoY.
NIM is at 5,757 crores in FY22 grew by 16% YoY.
PAT is at 690 crores in Q4 FY22 grew by 184% YoY.
PAT is at 2,147 crores in FY22 grew by 42% YoY.
ROA is at 4.8% in Q4 FY22 and 3.9% in FY22.
ROE is at 24.6% in FY22 against 10.4% in FY21.
PBT ROTA is going to be maintained between 3.5-3.9%.
NIM can be off-set in future by the reduction in NCL.
PBT stood at Rs.67 Cr for Q4 of FY 22 (95% Growth) and Rs.215 Cr in FY 22 (91% Growth).
Strong collections resulted Stage 3 down to 4.37% in Mar’22 from 5.85% in Dec’ 21.
Total Disbursements are at 12,718 crores in Q4 FY22 grew by 58% Q-o-Q and 36% YoY.
Total Disbursements are at 35,490 crores in FY22 grew by 36% YoY.
Vehicle Finance Disbursements are at 8,785 crores in Q4 FY22 as against 6,153 crores grew by 43% YoY.
Vehicle Finance Disbursements are at 25,439 crores in FY22 grew by 26% YoY.
LAP Disbursements are at 1,978 crores in Q4 FY22 as against 1191 crores grew by 66% YoY.
LAP Disbursements are at 5,862 crores in FY22 grew by 62% YoY.
Home Loans Disbursements are at 441 crores in Q4 FY22 as against 538 crores in Q4 FY21.
Home Loans Disbursements are at 1,571 crores in FY22 as against 1,542 crores in FY21.
Combined New business disbursal are at 1,515 crores in Q4 FY22 and 2,619 crores in FY22.
ECL provisions are stress tested this year due to the impact of covid.
ECL model provisions across stages has increased over December, 2021.
Total write off is at 380 crores in Q4 FY22.
Factored a write off of 190 crores for long overdue accounts.
Management overlay of 336 crores are utilised.
Management overlay provisions stands at 500 crores in march,2022.
Asset Quality represented by stage 3 stood at 4.37% at the end of march, 2022.
PCR is at 39.67%.
GNPA is at 6.82% and NNPA is at 4.75%.
CAR is at 19.6% with tier 1 at 16.5%.
Cost of funds to borrowings is at 6.6%
Cholamandalam Securities had 41.3 crores revenue.
The Broking business grew 6% and wealth business grew by 9% and Insurance business down by 7% as on Mar 2022.
The income grew by 33% in FY22 at Rs.40.01 crores as against Rs.30.14 crores in FY21 and by 11% in Q4FY22 at Rs.9.93 crores as against Rs.8.98 crores in Q4FY21.
The PBT grew by 9% in FY22 at Rs.7.48 crores as against Rs.6.84 crores in FY21.
The Wealth AUM crossed ₹ 1,875 crores.
Cholamandalam Finance had 55 crores revenue.
CHFL recorded a gross income of Rs. 15.90 crores in Q4FY22 as compared to Rs. 10.82 crores in Q4FY21.
The income grew by 52% at Rs.56.37 crores in FY22 as against Rs.37.15 crores in FY21.
PBT of Rs.1.22 crores as compared to Rs. 0.78 crores in Q4FY21, PBT grew by 251% at Rs.9.19 crores in FY22 as against Rs.2.62 crores in FY21.