Newly listed Indian shelter finance also growing ver well. But it’s trading at less valuation compare to Aavas, Home first and Aptus.
Why Aptus are getting high valuation and all? How we should decide what valuation we can give as all these companies want to grow 25-35%
What other company is giving you an roa of 8% and roe of 16%+ with a gearing of just over 1x, while growing over 20% yoy? when gearing tends towards 3-4x roe will easily surpass 20% while roa remains relatively stable at 5-6%.
Hey guys just a quick question, I was going through the transcript for Q4 FY24, and when it comes to the Asset Quality Part, what does Mr. Balaji mean by “Undrawn Sanctions”?
Undrawn sanctions are loans approved but not disbursed.
In HFCs, these could be lines of credit approved from NHB, Banks or other financial institutions.
I’m not sure if this has any correlation with Asset quality, as you mentioned. You might want to elaborate a bit.
Thank you bud.
Also, when it comes to disbursement numbers (Asked by Mr. Nidhesh, Investec), Mr. Balaji wants to answer the question offline, pretty weird no?
Regarding the earlier question, the “Undrawn Sanctions” were mentioned along the lines of Asset Quality.
