AU Small Finance Bank Q4FY22 net profit climbs to Rs. 346.07 crores

AU Small Finance Bank Limited has reported Standalone financial results for the period ended March 31, 2022.

Financial Results (Q4 FY2022) - QoQ Comparison

The company has reported total income of Rs. 1978.4073 crores during the period ended March 31, 2022 as compared to Rs. 1772.0946 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 346.0749 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 302.0473 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 10.92 for the period ended March 31, 2022 as compared to Rs. 9.54 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 1978.4073 crs	₹1772.0946 crs	11.64%
Net Profit	₹346.0749 crs	₹302.0473 crs	14.58%
EPS	₹10.92	₹9.54	14.47%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 1978.4073 crores during the period ended March 31, 2022 as compared to Rs.1539.5357 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.346.0749 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.168.9787 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.10.92 for the period ended March 31, 2022 as compared to Rs.5.45 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 1978.4073 crs	₹1539.5357 crs	28.51%
Net Profit	₹346.0749 crs	₹168.9787 crs	104.80%
EPS	₹10.92	₹5.45	100.37%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.6915.4249 crores during the Financial Year ended March 31, 2022 as compared to Rs.6370.9842 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.1129.8342 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.1170.6846 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.35.69 for the Financial Year ended March 31, 2022 as compared to Rs.37.86 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹6915.4249 crs	₹6370.9842 crs	8.55%
Net Profit	₹1129.8342 crs	₹1170.6846 crs	-3.49%
EPS	₹35.69	₹37.86	-5.73%

Asset Quality:

Asset Quality	Q4 FY2022	Q3 FY2022	Q4 FY2021
Gross NPA	₹ 924.3782 crs	₹1057.5682 crs	₹1502.8291 crs
Gross NPA %	1.98%	2.60%	4.25%
Net NPA	₹230.8455 crs	₹520.1773 crs	₹755.4547 crs
Net NPA %	0.50%	1.29%	2.18%

Gross NPA was at ₹ 924.3782 crs in Q4 FY2022 against ₹ 1502.8291 crs in Q4 FY2021. The same was at ₹ 1057.5682 crs in Q3 FY2022.

Net NPA was at ₹ 230.8455 crs in Q4 FY2022 against ₹ 755.4547 crs in Q4 FY2021. The same was at ₹ 520.1773 crs in Q3 FY2022.

GNPA was at 1.98% of Gross advances as on March 31, 2022 as compared to 4.25% as on March 31, 2021 and 2.60% as of December 31, 2021.

Net NPA was at 0.50% of Gross advances as on March 31, 2022 as compared to 2.18% as on March 31, 2021 and 1.29% as of December 31, 2021.

Ratios	Q4 FY2022	Q3 FY2022	Q4 FY2021
RoA %	0.54%	0.54%	0.34%
CAR (BASEL III) %	20.99%	19.55%	23.37%

Return on Average Assets (RoA) is at 0.54% for Q4 FY2022 against 0.54% in Q3 FY2022 and 0.34% in Q4 FY2021.

In Q4 FY2022, Bank's total Capital Adequacy Ratio (CAR) was at 20.99%, as compared to 19.55% in Q3 FY2022 and 23.37% in Q4 FY2021.

Shares of AU Small Finance Bank Limited was last trading in BSE at Rs. 1416.00 as compared to the previous close of Rs. 1365.30. The total number of shares traded during the day was 26255 in over 1966 trades.

The stock hit an intraday high of Rs. 1421.00 and intraday low of 1379.30. The net turnover during the day was Rs. 36951107.00.

Source : Equity Bulls

Keywords

AUSmallFinanceBank Q4FY22 FY2022 ResultUpdate AUBank