AU Small Finance Bank Ltd.
Snapshot View

1175.70 +10.30 ▲0.9%

26 July 2021, 04:00:00 P.M.
Volume: 100,943

Overview View Details

Sector Banking Compare with Sector peers
Industry Bank - Private Compare with Industry peers
Website http://www.aubank.in
Financial Indicators
Market Cap 36,909.34 Cr.
Earnings per share (EPS) 37.41 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 31.53 Trailing Twelve Months Ending 2021-03
Industry PE 27.37 Trailing Twelve Months Ending 2021-03
Book Value / Share 197.25 Trailing Twelve Months Ending 2021-03
Price to Book Value 5.98 Calculated using Price: 1,179.45
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 31.29 Cr. 312,936,880 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
+0.88%
1 Week
-2.73%
1 Month
+13.42%
3 Month
+11.91%
6 Month
+33.04%
1 Year
+48.82%
2 Year
+78.24%
5 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
Yield on Advances (%) 19.54 13.28 12.92 15.88 14.30

Balance Sheet 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.
Shh. Funds 1,988 2,281 3,163 4,377 6,275
Minority Int.
Deposits 7,923 19,422 26,164 35,979
Borrowings 7,120 7,639 8,613 10,335 7,030
Other Liab. 674 989 1,424 1,267 2,307
Total Liab. 9,781 18,833 32,623 42,143 51,591
Fixed Assets 276 386 447 448 482
Investments 2,150 3,051 7,162 10,668 10,815
Advances 6,551 13,312 22,819 26,992 34,609
Cash & Bank 625 1,761 1,740 3,370 4,781
Other Assets 179 323 455 665 903
Total Assets 9,781 18,833 32,623 42,143 51,591

Profit Loss 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.
Interest Earned 1,280 1,767 2,949 4,286 4,950
Other Income 810 388 462 706 1,452
Total Income 2,090 2,155 3,411 4,992 6,402
Operating Exp. -353 -753 -1,083 -1,418 -1,658
Provisions -97 -133 -142 -283 -700
PBIT 1,640 1,270 2,187 3,291 4,043
Interest -496 -827 -1,607 -2,377 -2,585
Tax -321 -151 -198 -239 -288
PAT 822 292 382 675 1,171

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 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 32.19 32.08 30.99 30.95 29.01 29.00 28.98 28.47 28.41
Public 67.81 67.92 69.01 69.05 70.99 71.00 71.02 71.53 71.59
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 7.04 7.04 7.04 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Reg. 34 (1) Annual Report
Pursuant to the Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) we wish to inform that the Twenty Sixth (26th) Annual General Meeting (AGM) of the Members of the Bank will be held on Tuesday 17th August 2021 at 10:30 A.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM) facility in compliance with the applicable provisions of the Companies Act 2013 read with rules made thereunder Listing Regulations and relevant Ministry of Corporate Affairs and SEBI Circulars.

We submit herewith a copy of the Integrated Annual Report for FY 2020-21 including Notice convening the 26th AGM of the Bank.

The Integrated Annual Report for FY 2020-21 Notice of the 26th AGM and Business Responsibility Report for the FY 2020-21 is also available on the website of the Bank www.aubank.in.
Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
AU Small Finance Bank Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 15 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement for 26th Annual General Meeting through Video Conferencing/other Audio-Visual means (VC/OAVM) facility

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
NR 4 Breakout NR 4 Breakout

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