AU Small Finance Bank logs 46% yoy growth in deposits for Q4FY22; stock surges ~1.5%

5 Apr 2022 , 12:59 PM

AU Small Finance Bank Limited has informed investors of its performance for the quarter and fiscal year ended March 31, 2022.

The company has reported total deposits of Rs52,825 crore for Q4FY22 as against Rs35,979 crore for Q4FY21, registering a growth of 46% yoy and 19% QoQ. Its CASA ratio stood at 37% for Q4FY22.

AU SFB has reported gross advances of Rs46,801 crore as against Rs35,356 crore for Q4FY21, registering a growth of 32% yoy, and 15% QoQ. Bank Loan AUM stood at Rs47,843 crore for the current quarter as compared to Rs37,712 crore for the previous corresponding quarter, up by 27% yoy.

It reported total fund-based disbursements of Rs10,296 crore for the current period under review as compared to Rs7,421 crore for the Q4FY21, up by 39% yoy. Whilst its non-fund based disbursements jumped 90% during Q4FY22 at Rs742 crore as against Rs391 crore in Q4FY21.

According to the monthly collection trends, collection efficiency was 112% in March FY22 at par with March FY21, 107% in February 2022, and 105% in January 2022.

AU Small Finance Bank is currently trading at Rs1,326.50 up by Rs17.95 or 1.37% from its previous closing of Rs1,308.55 on the BSE. The scrip touched intraday high and low of Rs1,342.70 and Rs1,300 respectively.