AU SMALL FINANCE BANK Announces Quarterly Results (1QFY22); Net Profit Up 1.2%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

AU SMALL FINANCE BANK Announces Quarterly Results (1QFY22); Net Profit Up 1.2%
Mon, 9 Aug

AU SMALL FINANCE BANK has announced its results for the quarter ended June 2021. Here is a detailed performance review of the same:

AU SMALL FINANCE BANK Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-20*
3
Mar-21*
3
Jun-21*
QoQ ChangeYoY Change
Operating incomeRs m11,84112,92413,5354.7%14.3%
Other incomeRs m2,2582,7661,842-33.4%-18.4%
Total revenuesRs m14,09915,69015,377-2.0%9.1%
InterestRs m6,6836,3656,295-1.1%-5.8%
Gross Profit Rs m5,1596,5587,24010.4%40.4%
Other expensesRs m2,9615,5874,570-18.2%54.3%
Profit before taxRs m2,6431,9602,74740.1%3.9%
TaxRs m635271715164.1%12.5%
Profit after taxRs m2,0081,6902,03220.3%1.2%
Gross profit margin %43.650.753.5
Effective tax rate%24.013.826.0
Net profit margin%17.013.115.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 14.3% on a year-on-year (YoY) basis. The interest expended was down by 5.8% YoY during the same period.
  • The bank's operating profit increased by 40.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 53.5% in 1QFY22 as against 43.6% in 1QFY21.
  • Other income declined by 18.4% YoY during the quarter.
  • Net profit for the quarter increased by 1.2% YoY. Net profit margins during the quarter declined from 17.0% in 1QFY21 to 15.0% in 1QFY22.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 4.7% on a quarter-on-quarter (QoQ) basis. The interest expended was down by 1.1% QoQ during the same period.
  • The bank's operating profit increased by 10.4% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 53.5% in 1QFY22 as against 50.7% in 4QFY21.
  • Net profit for the quarter increased by 20.3% QoQ, while net profit margins increased from 13.1% in 4QFY21 to 15.0% in 1QFY22.

To see how AU SMALL FINANCE BANK has performed over the last eight quarters,please visit here.

EV Gold Rush: Watch Now Before Investing Your Money in EV Stocks

AU SMALL FINANCE BANK Share Price Performance

Over the last one year, AU SMALL FINANCE BANK share price has moved up from Rs 708.9 to Rs 1,258.0, registering a Gain of Rs 549.2 or around 77.5%.

Meanwhile, the S&P BSE BANKEX is trading at Rs 40,993.5 (up 0.6%). Over the last one year it has moved up from 24,696.2 to 40,993.5, a gain of 16,297 points (up 66.0%).

Overall, the S&P BSE SENSEX is up 44.4% over the year.

Current Valuations

At the current price of Rs 1,258.0, the price to earnings (P/E) ratio of AU SMALL FINANCE BANK stands at 33.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.4 times.

Equitymaster requests your view! Post a comment on "AU SMALL FINANCE BANK Announces Quarterly Results (1QFY22); Net Profit Up 1.2%". Click here!

  

Related Views on News

ICICI Bank Posts Threefold Jump in Net Profit; Net Interest Income Grows 17% (Company Info)

Apr 26, 2021

Key takeaways from ICICI Bank's March quarter (Q4FY21) results.

HDFC Bank Posts Good Q4 Performance Amid Covid-19 Second Wave (Company Info)

Apr 20, 2021

Key takeaways from HDFC Bank's March quarter (Q4FY21) results.

How the YES Bank Collapse Unfolded - 10 Points (Sector Info)

Mar 9, 2020

A timeline of how YES Bank went from a stock market darling to a pariah.

Today's Stock Market Crash: 10 Points (Sector Info)

Mar 6, 2020

Top factors that dragged the markets lower today.

More Views on News

Most Popular

Tata Group Stocks are on Fire: Which one Should You Buy?(Profit Hunter)

Oct 15, 2021

Tata group stocks are on fire. Find out which one deserves your attention.

India's Big PSU Selloff: Watch Out for these Top Stocks(Views On News)

Oct 15, 2021

The government's plan to divest its stakes in PSUs could spark off a rally in these four stocks.

Up 31,500% in a Year! This Packaging Company Sheds its Penny Stock Status(Views On News)

Oct 18, 2021

What's driving the relentless rally in this packaging company?

Insider Alert! Promoters are Increasing their Stakes in these 5 Companies(Views On News)

Oct 19, 2021

Promoters of many small and mid-cap companies are raising their stakes since the last few quarters.

The One Company Riding the Auto Revolution Beyond EVs(Profit Hunter)

Oct 22, 2021

It's not just about batteries taking over the internal combustion engine. Bigger disruptive forces are coming along with electrification.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

AU SMALL FINANCE BANK SHARE PRICE


Oct 27, 2021 (Close)

TRACK AU SMALL FINANCE BANK

  • Track your investment in AU SMALL FINANCE BANK with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON AU SMALL FINANCE BANK

AU SMALL FINANCE BANK - PUNJAB & SIND BANK COMPARISON

COMPARE AU SMALL FINANCE BANK WITH

MARKET STATS