AU Small Finance Bank Ltd.
Snapshot View

1284.15 -30.55 ▼-2.3%

18 May 2022, 04:01:00 PM
Volume: 30,778

Overview View Details

Sector Banking Compare with Sector peers
Industry Bank - Private Compare with Industry peers
Website http://www.aubank.in
Market Cap 40,439.52 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 35.88 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 35.79 Trailing Twelve Months Ending 2022-03
Industry PE 20.41 Trailing Twelve Months Ending 2022-03
Book Value / Share 238.61 Trailing Twelve Months Ending 2022-03
Price to Book Value 5.38 Calculated using Price: 1,284.15
Dividend Yield 0.08 Period Ending 2021-03
No. of Shares Subscribed 31.49 Cr. 314,912,731 Shares
FaceValue 10
Company Profile

The company was originally incorporated as ‘L.N. Finco Gems Private Limited’ on January 10, 1996 as a private limited company under the Companies Act, 1956 with the RoC. Pursuant to the change of name of the company to Au Financiers (India) Private Limited to reflect the diversified finance business of the company, a fresh certificate of incorporation was issued by the RoC on May 24, 2005. The company was converted into a public limited company by way of a special resolution passed by its shareholders at the EGM held on January 10, 2013 and the name of the company was changed to ‘Au Financiers (India) Limited’. A fresh certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on January 11, 2013. The company was granted the in-principle approval to establish an SFB by the RBI, pursuant to its letter dated October 7, 2015. Subsequently, the RBI granted the company the final approval to establish an SFB by its letter dated December 20, 2016. Pursuant to the company being established as an SFB, the name of the company was changed to ‘AU Small Finance Bank Limited’ and a fresh certificate of incorporation was issued by the RoC on April 13, 2017.

The company is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused non-banking finance company (NBFC), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels. It received a license from the Reserve Bank of India to set up an SFB on December 20, 2016 and it was the only NBFC categorized as an asset finance company to obtain such license. It commenced its SFB operations with effect from April 19, 2017. Prior to such date, the company was categorized as a ‘Systemically Important, Non-Deposit Accepting Asset Finance Company’ (NBFCND- AFC) by the RBI.

Business area of the company

As an NBFC, the company operated in three business lines: vehicle finance; micro, small and medium enterprises (MSMEs) loans; and small and medium enterprises (SMEs) loans. As it commenced the SFB operations, it has expanded and strengthened its business model to offer a diverse suite of banking products and services by leveraging its asset-based lending strengths, NBFC customer base and cost efficient, technology driven hub-and spoke branch operating model to successfully operate the SFB. In addition to its vehicle finance, MSME and SME offerings, its asset product offerings include working capital facilities, gold loans, agriculture related term loans, Kisan credit cards for farmers and loans against securities. Its liability product offerings include current accounts, savings accounts, term deposits, recurring deposits and collections and payments solutions for MSME and SME customers. Transitioning to an SFB has offered it significant growth potential and it aims to be a retail focused, preferred trusted SFB offering integrated and tailored solutions to customers.

Awards:

  • 2018: The Best Brands Awards Best BFSI Brand, by Economic Times.
  • 2018: The Bank with Best Technology Orientation, by ET Now.
  • 2018: The Bank with ‘Leading Financial Inclusion Initiatives’ BFSI Awards, by ABP News.
  • 2018: CSR Leadership Awards for ‘Livelihood Creation’, by ET Now.
  • 2018: The Bank with more Rural Branches, by ET Now.
  • 2018: ASSOCHAM SME Excellence Award 2018 - Best MSME Bank.
  • 2019: Dream Companies to work for, by Times Ascent.
  • 2019: MSME CIBIL Award 2019 - Best Data Quality Management.

History and Milestones:

  • 1996: Incorporated as a private limited company in Rajasthan with an authorised share capital of Rs 0.1 million.
  • 1996: Started with Vehicle Finance.
  • 2000: Received certificate of registration from the RBI under section 45 IA of RBI Act, to carry on the business of non-banking financial institution without accepting public deposits.
  • 2003-05: The company built its association with HDFC Bank, as a Channel Business Partner on a risk sharing model.
  • 2007: AU started offering Secured Business Loans (MSME Loans).
  • 2008: The company obtained an investment of Rs 200 million from India Business Excellence Fund and India Business Excellence Fund-1 (private equity funds of Motilal Oswal Private Equity).
  • 2009: AU spread its reach to Gujarat.
  • 2010: Received fresh certificate of registration under section 45 IA of RBI Act from the RBI pursuant to which RBI has classified the company as a NBFC-ND-AFC.
  • 2010: The company obtained an investment of Rs 350 million, Rs 60 million and Rs 140 million, from IFC, IBE Fund and IBE Fund -I, respectively.
  • 2010: Au Financiers attained the status of ‘Systemically Important Non-Deposit Taking Asset Finance Company’.
  • 2010: AU started offering Housing Loans.
  • 2011: The company set up a wholly owned subsidiary, Au Housing Finance Private Limited, to provide housing finance services.
  • 2011: Expanded operations to Punjab, Madhya Pradesh and Goa.
  • 2012: The company set-up a subsidiary, Au Insurance Broking Services Private Limited, to provide insurance and broking services.
  • 2012: Expanded operations into Delhi, Himachal Pradesh & Haryana.
  • 2012: Forbes, India featured Au Financiers as a company that attracted investors despite economic slowdown.
  • 2013: Chrys Capital, a leading private equity fund, acquired a 10.01% stake in AU.
  • 2015: AU became the only Asset Financing Company (AFC) to receive ‘in-principle’ approval from RBI for establishing a Small Finance Bank.
  • 2016: AU received final approval from RBI for transforming company’s business into a Small Finance Bank.
  • 2016: Pursuant to RBI approval dated April 6 and May 18, 2016, AU successfully divested its equity stake in Au Housing Finance Limited, Index Money Limited and Au Insurance Broking Services Private Limited.
  • 2016: Successfully divested its equity stake in Au Housing Finance Ltd., Index Money Limited and Au Insurance Broking Services Private Limited.
  • 2016: Divested 29.53% of the total shareholding of M Power Micro Finance Private Limited.
  • 2017: Commenced SFB operations with a wide bouquet of retail loans, SME & Mid corporate loans, deposit products and transaction banking.
  • 2017: Received ‘Scheduled Bank’ status.
  • 2017: Featured as Fortune India 500 Company.
  • 2018: Received around Rs 1000 crore equity investment from Temasek Holdings.
  • 2019: Garnered investment of Rs 525 crore from Camas Holdings (Temasek) for warrants conversion.
  • 2019: Launched ‘AU Royale’ Account, missed call banking and 3-in-1 Savings, Trading and Demat Account.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.32%
1 Week
+0.82%
1 Month
-7.23%
3 Month
+1.76%
6 Month
+5.67%
1 Year
+30.19%
2 Year
+222.73%
5 Year
10 Year
5 years 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 41.48 13.76 14.66 18.56 22.31
Return on Assets (%) 8.40 2.04 1.48 1.81 2.50
Net Interest Margin 8.40 5.19 4.23 4.65 4.71
Interest Spread (%) 12.57 7.96 7.19 9.37 8.29
Yield on Advances (%) 19.54 13.28 12.92 15.88 14.30

Balance Sheet View Details

Particulars 6 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 1,988 2,281 3,163 4,377 6,275 7,514
Minority Int.
Deposits 7,923 19,422 26,164 35,979 52,585
Borrowings 7,120 7,639 8,613 10,335 7,030 5,991
Other Liab. 674 989 1,424 1,267 2,307 2,988
Total Liab. 9,781 18,833 32,623 42,143 51,591 69,078
Fixed Assets 276 386 447 448 482 623
Investments 2,150 3,051 7,162 10,668 10,815 15,307
Advances 6,551 13,312 22,819 26,992 34,609 46,095
Cash & Bank 625 1,761 1,740 3,370 4,781 5,929
Other Assets 179 323 455 665 903 1,125
Total Assets 9,781 18,833 32,623 42,143 51,591 69,078

Profit Loss View Details

Particulars 6 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Interest Earned 1,280 1,767 2,949 4,286 4,950 5,922
Other Income 810 388 462 706 1,452 962
Total Income 2,090 2,155 3,411 4,992 6,402 6,884
Operating Exp. -353 -753 -1,083 -1,418 -1,658 -2,413
Provisions -97 -133 -142 -283 -700 -329
PBIT 1,640 1,270 2,187 3,291 4,043 4,142
Interest -496 -827 -1,607 -2,377 -2,585 -2,688
Tax -321 -151 -198 -239 -288 -324
PAT 822 292 382 675 1,171 1,130
Adjusted EPS 29 10 13 22 38 36

Cash Flow View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -2,405 2,505 848 660 5,056
Cash Fr. Inv. 552 -1,890 -2,305 -1,267 -990
Cash Fr. Finan. 2,448 521 1,436 2,237 -2,655
Net Change 596 1,136 -21 1,629 1,412
Cash & Cash Eqvt 625 1,761 1,740 3,370 4,781

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 30.95 29.01 29.00 28.98 28.47 28.41 28.39 28.33 28.23
Public 69.05 70.99 71.00 71.02 71.53 71.59 71.61 71.67 71.77
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 7.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 10 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (as amended) read with SEBI Circular bearing Ref. No. CIR/CFD/CMD1/27/2019 dated 08th February 2019 we are submitting herewith the Annual Secretarial Compliance Report issued by M/s. V. M. & Associates Practicing Company Secretaries for the financial year ended on 31st March 2022.
Thu, 05 May 2022
Announcement under Regulation 30 (LODR)-Investor Presentation
We refer to our letter dated 04th May 2022 regarding schedule of Non-deal Roadshow / Analyst / Institutional Investor Meet and Investor Presentation thereof of AU Small Finance Bank Limited ("Bank"). In this connection please find enclosed herewith updated Investor Presentation.
Wed, 04 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Disclosure of schedule of Non-deal Roadshow / Analyst / Institutional Investor Meet of AU Small Finance Bank Limited ("Bank") pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. A copy of the investor presentation for the non-deal road show is attached.

Technical Scans View Details

Wed, 18 May 2022
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Decrease 1 Month High Decrease 1 Month
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. 729,631.10 1,314.35 +0.0%
ICICI Bank Ltd. 491,513.95 707.05 -0.5%
State Bank Of India 408,702.59 457.95 -2.0%
Kotak Mahindra Bank Ltd. 366,537.42 1,846.40 +0.3%
Axis Bank Ltd. 202,473.25 659.30 +0.7%
IndusInd Bank Ltd. 70,023.99 903.80 0.0%
Bandhan Bank Ltd. 53,292.47 330.85 -3.1%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2022-03 19.17 1,314.35 +0.0%
ICICI Bank Ltd. Consolidated 2022-03 19.57 707.05 -0.5%
State Bank Of India Consolidated 2022-03 11.55 457.95 -2.0%
Kotak Mahindra Bank Ltd. Consolidated 2022-03 30.32 1,846.40 +0.3%
Axis Bank Ltd. Consolidated 2022-03 14.34 659.30 +0.7%
IndusInd Bank Ltd. Consolidated 2022-03 14.57 903.80 0.0%
Bandhan Bank Ltd. Standalone 2022-03 423.65 330.85 -3.1%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
HDFC Bank Ltd. Consolidated 2022-03 2.95 1,314.35 +0.0%
ICICI Bank Ltd. Consolidated 2022-03 2.75 707.05 -0.5%
State Bank Of India Consolidated 2022-03 1.45 457.95 -2.0%
Kotak Mahindra Bank Ltd. Consolidated 2022-03 3.79 1,846.40 +0.3%
Axis Bank Ltd. Consolidated 2022-03 1.71 659.30 +0.7%
IndusInd Bank Ltd. Consolidated 2022-03 1.46 903.80 0.0%
Bandhan Bank Ltd. Standalone 2022-03 3.07 330.85 -3.1%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 0.85 1,314.35 +0.0%
ICICI Bank Ltd. Consolidated 2021-03 0.93 707.05 -0.5%
State Bank Of India Consolidated 2021-03 1.72 457.95 -2.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 0.56 1,846.40 +0.3%
Axis Bank Ltd. Consolidated 2021-03 1.47 659.30 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 1.19 903.80 0.0%
Bandhan Bank Ltd. Standalone 2021-03 0.97 330.85 -3.1%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 16.50 1,314.35 +0.0%
ICICI Bank Ltd. Consolidated 2021-03 14.85 707.05 -0.5%
State Bank Of India Consolidated 2021-03 10.13 457.95 -2.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 13.12 1,846.40 +0.3%
Axis Bank Ltd. Consolidated 2021-03 7.64 659.30 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 7.62 903.80 0.0%
Bandhan Bank Ltd. Standalone 2021-03 13.53 330.85 -3.1%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 16.50 1,314.35 +0.0%
ICICI Bank Ltd. Consolidated 2021-03 14.85 707.05 -0.5%
State Bank Of India Consolidated 2021-03 10.13 457.95 -2.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 13.12 1,846.40 +0.3%
Axis Bank Ltd. Consolidated 2021-03 7.64 659.30 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 7.62 903.80 0.0%
Bandhan Bank Ltd. Standalone 2021-03 13.53 330.85 -3.1%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 128,552.39 1,314.35 +0.0%
ICICI Bank Ltd. Consolidated 2021-03 89,162.66 707.05 -0.5%
State Bank Of India Consolidated 2021-03 278,115.48 457.95 -2.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 32,819.83 1,846.40 +0.3%
Axis Bank Ltd. Consolidated 2021-03 64,696.42 659.30 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 28,999.80 903.80 0.0%
Bandhan Bank Ltd. Standalone 2021-03 12,524.21 330.85 -3.1%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
HDFC Bank Ltd. Consolidated 2021-03 31,856.77 1,314.35 +0.0%
ICICI Bank Ltd. Consolidated 2021-03 20,363.97 707.05 -0.5%
State Bank Of India Consolidated 2021-03 24,279.72 457.95 -2.0%
Kotak Mahindra Bank Ltd. Consolidated 2021-03 9,902.90 1,846.40 +0.3%
Axis Bank Ltd. Consolidated 2021-03 7,252.39 659.30 +0.7%
IndusInd Bank Ltd. Consolidated 2021-03 2,929.87 903.80 0.0%
Bandhan Bank Ltd. Standalone 2021-03 2,205.46 330.85 -3.1%