- AU Small Finance’s net income for Q4 stood at 5.04 billion rupees, matching estimates and showing a 36% year-over-year increase.
- Gross non-performing assets slightly improved to 2.28% from 2.31% in the previous quarter.
- Interest income rose by 51% year-over-year, totaling 42.7 billion rupees, slightly below the estimate of 43.09 billion rupees.
- Interest expenses increased by 46% year-over-year to 21.8 billion rupees, just under the estimate of 21.91 billion rupees.
- The company’s operating profit surged by 94% year-over-year, reaching 12.9 billion rupees, surpassing the estimate of 12.03 billion rupees.
- Other income grew by 41% year-over-year, totaling 7.61 billion rupees.
- Provisions were 6.35 billion rupees, up by 26% from the previous quarter, exceeding the estimate of 5.29 billion rupees.
- A dividend of 1 rupee per share has been declared.
- Analyst recommendations include 21 buys, 4 holds, and 6 sells.
“`
A look at AU Small Finance Bank Limited Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts reviewing AU Small Finance Bank Limited using Smartkarma Smart Scores indicate a promising long-term outlook for the company. With a strong growth score of 4, AU Small Finance Bank is positioned well for expansion and development in the future. Additionally, the bank’s high momentum score of 5 suggests a positive trend in the company’s performance, indicating potential for continued success.
While AU Small Finance Bank Limited may not score as high in terms of dividend and value, with scores of 2 and 3 respectively, its resilience score of 3 implies a steady and robust business model. Overall, Smartkarma Smart Scores paint a favorable picture for AU Small Finance Bank Limited, highlighting its growth potential and positive momentum within the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
