Tag Archive for aum

Aavas Financiers Ltd Financial Results, PAT Growth of 66% YoY, AUM Growth of 49% YoY

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By Vivek K. Mobile: 09920183006 Email: indianshowbusiness@gmail.com

Aavas Financiers Limited has declared Un-audited Financial Results for the quarter and nine-months ended 31st December 2018.

Key Performance Metrics for 9MFY19:

Particulars (Rs. Mn)

9M FY19

9M FY18

Y-o-Y

AUM

52,834

35,477

49%

Disbursements

17,994

13,090

37%

PAT

1,218

732

66%

GNPA (%)

0.58%

0.82%

Improved by 24 bps

ROA (%)

3.58%

3.22%

Maintained above 3%

Incremental Loan Accounts (No.)

21,923

15,697

40%

NIMs (Incl. Fee & Other Income)

9.39%

8.86%

Improved by 53 bps

 

Performance Highlights:

  • ·         AUM as on 31st December 2018 is Rs. 52,834 Mn of which
    • o   Home Loans contributed 75% with ATS of Rs. 0.88 Mn
    • o   Other Mortgage Loans contributed 25% with ATS of Rs. 0.77 Mn
  • ·         71 new branches opened in last 12 months. The total number of branches stands at 210 as on 31st December 2018
  • ·         Gross NPAs is 0.58% improved by 24 bps and Net NPAs is 0.49% improved by 21 bps of the Outstanding Loan Book
  • ·         The Company has diversified borrowings. 87% of our borrowings are from Term Loans, Assignment, NHB Refinancing and Cash Credit. Only 13% of our borrowings are from debt capital market with no borrowings by way of Commercial Papers
  • ·         The Company continues to maintain positive ALM across tenors & has strong liquidity of ~ Rs. 17,400 Mn as on 31st December 2018

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HDFC AMC crosses Rs. 3 lakh crore AUM in FY18

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By Vivek  K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The change in the recent savings trend in Indian households and an increase acceptability among financial asset classes bode well for the mutual fund industry for the last financial year. Mutual funds asset under management (AUM) grew by over Rs. 23 lakh crore to stand at Rs. 4.75 lakh crore. Out of this HDFC Asset Management Company Limited (HDFC AMC) has achieved a significant milestone with an AUM crossing the Rs. 3 lakh crore mark in FY18. For the fiscal 2018, the AUM of HDFC AMC stands at Rs. 300,549 lakh crore.

 

HDFC AMC posted growth of 31 percent in net profit for fiscal 2017-18 to Rs 722.61 crore as compared to Rs. 550.24 crore for fiscal 2016-17. The total revenue for HDFC AMC, grown 17.6 percent on YoY basis for FY17-18 to stand at Rs ₹1,867.24 crore vs. Rs. 1,587.91 crore for FY 16-17. HDFC AMC’s average assets under management was at Rs. 3 lakh crore in January-March 2018.

 

HDFC AMC has been a leader in the Indian mutual fund industry as demonstrated by leading position across key industry metrics. The AMC has been the most profitable asset management company in India in terms of net profits since Fiscal 2013, according to CRISIL. Also, the AUM of HDFC AMC has grown at a CAGR of more than 34% since Fiscal 2001. Read more