🏦Profits grow at 18.2%
🏦Asset quality remains stable with credit costs at 1.65% for the quarter
🏦CAR at 18.8%
🏦Gross NPAs at 1.32% vs 1.38%
🏦HDB Financial returns to profits
🏦Watching carefully on how the second wave will turn out
(2/24)
From HDFC Bank to Kotak to Bajaj Finance to Canara Bank!
How did lenders perform in Q4FY21?🤔
A thread🧵on the Banking/NBFC results
Hit "Retweet" to educate maximum Investors
Lets go👇
(1/24)
🏦Profits grow at 18.2%
🏦Asset quality remains stable with credit costs at 1.65% for the quarter
🏦CAR at 18.8%
🏦Gross NPAs at 1.32% vs 1.38%
🏦HDB Financial returns to profits
🏦Watching carefully on how the second wave will turn out
(2/24)
🏦Operating profit grows at 20%
🏦Covid-19 provisions increased by 1000cr to 7475cr
🏦Deposits grow by 21%
🏦Net NPA declines to 1.14%
🏦Capital Adequacy at 18.06%
🏦Retail loan growth at 20%
🏦Corporate loan growth at 13%
🏦Dividend-Rs 2/share
(3/24)
🏦Disbursements decline 13%
🏦Loan loss provisions at 1.4%
🏦Profits up 29%
🏦Positive on Auto financing
(4/24)
🏦Loan disbursements grow 60%
🏦Month of March had highest ever disbursements
🏦Gross NPAs at 1.98%
🏦Individual loan NPAs at 0.99%
🏦Non-Individual Loan NPAs at 4.77%
🏦Dividend of Rs 23/share
🏦PAT grows by 19%
(5/24)
🏦Interest income remains flat
🏦AUM rises marginally to 152,947cr
🏦Loan loss provision was 1231cr
🏦Writes off 1530cr
🏦PCR at 58%
🏦Gross NPAs at 1.79%
🏦Dividend of Rs 10/share
(6/24)
🏦Loan growth at 12%
🏦Retail growth at 11%
🏦Corporate growth at 16%
🏦Slippages at 5285cr
🏦PCR at 72%
🏦Gross NPAs at 3.70%
🏦Restructured assets at 0.3%
(7/24)
🏦47% growth in disbursement
🏦Cost of funds reduces to 6.83%
🏦Gross NPAs at 4.3%
🏦Deposits grow by 38%
(8/24)
🏦Disbursements increase by 44%
🏦Gross NPAs at 0.91%
🏦Loan book grows to 22,105cr
🏦Average Loan book size at 20 lakhs
(9/24)
🏦Advances grow 17%
🏦Collection efficiency now below 90%
🏦Writes off 171cr of micro loans
🏦Provisions at 375 cr
🏦Gross NPAs at 3.56%
(10/24)
🏦Assets grow by 18%
🏦Deposits grow by 27%
🏦Gross NPAs at 2.67%
🏦PCR at 75%
🏦Carries provisions of 8492cr
(11/24)
🏦Loan book grows at 1.8%
🏦Unsecured retail assets de-grow as a % of book
🏦Gross NPAs at 3.25%
🏦SMA-2 book at 0.05%
🏦435cr of loans restructured
🏦Holds 7021cr of COVID-19 provisions
(12/24)
🏦Retail Advances grow by 13%
🏦Wholesale loans degrow by 12%
🏦Deposits grow by 26%
🏦Gross NPA at 4.34%
🏦PCR at 72.2%
🏦1439cr of loan written off
🏦1.41% of loans restructured.
(13/24)
🏦Deposits grow 36.6%
🏦Loan portfolio grows at 21.2%
🏦GNPA at 6.8%
🏦Restructured loans worth 617cr
🏦Collection efficiency in Assam and Bengal remain affected
🏦Dividend of Rs 1/share
(14/24)
🏛 Huge growth in gold loans as a % of total: 40% of book (high concentration)
🏛 Interest income up 27% | Asset quality weaker QoQ due to high slippages
🏛 Deposit growth at 21% | CAR at 21%
🏛 52% bank’s business comes from Kerala
(15/24)
🏦All time high disbursals with 26% growth
🏦Microloans up 44%
🏦2 wheeler loans up 14%
🏦Farm Equipment loans up 40%
🏦Additional provision of 1003cr for COVID-19
🏦Stage 3 book at 1.57%
(16/24)
🏦AUM grows by 21%
🏦Stage 3 assets increase to 0.98%
🏦No dividend declared
🏦81% Term Loans make up the borrowing profile
(17/24)
🏦Loan grows 2% YoY
🏦Deposit degrows 2% (surprising)
🏦Gross NPA doubles to 4%, PCR at 62%
🏦CAR at 20%
(18/24)
🏛 Loans grew 7% QoQ & 10% YoY (26% YoY growth in retail & wholesale down 14%)
🏛 Deposits up 43% | CASA 52% | Reduced SA rates to 4-5% in May
🏛 4% GNPA | 56% PCR | 100%+ pre Covid collection efficiency in Q4
(19/24)
🏦Advances grow by 9%
🏦Restructuring at 1409cr
🏦Collection efficiency at 95%
🏦Slippages at 1685cr
🏦Gross NPA at 3.41%
(20/24)
🏦Advance grow at 1.14%
🏦Deposits grow at 3.89%
🏦Slippages at 4428cr
🏦SMA-0/1/2 at 22,938cr
🏦TIER-1 Capital Adequacy at 9.54%
(21/24)
🏦Advance up 7%
🏦Deposits up 20%
🏦Collection efficiency falls to 89% in April
🏦6.8% book restructured
🏦Gross NPA at 7.1%
🏦14.9% portfolio at risk
(22/24)
More from Aditya Shah
What to do when u first save money?❓
Do u straight away invest in equities/shares?🤔
A simple thread🧵explaning how u can systematically create a structured portfolio on ur own.
Hit "Retweet" to educate maximum retail/small investors
Lets go👇
(1/14)
Step No 1.-
Golden Rule of Finance-
Expenses=Income-Saving
🧪In the starting years as an investor save as much as u can.
🧪Cut down as much as u can on discretionary spending.
🧪Initial years are tough as capital comes in slowly and seeds for compounding are being laid
(2/14)
Step No 2:-
Buy a health insurance:-
Health insurance will protect your portfolio against undue shocks of unforeseen hospitalization
A detailed review of how to buy health insurance is
Step No 3:-
Buy a Life Insurance(If required):-
Evaluate the need for life insurance.
If need be buy a term plan.
A detailed review of how to buy life insurance is
Step 4:-
Evaluate ur life goals
Goals can be:-
🧪Retirement
🧪Buying a house
🧪Child's Marriage
🧪Child's Education
Evaluate the year in which the goal will be achieved with the amount of estimated amount
(5/14)
Do u straight away invest in equities/shares?🤔
A simple thread🧵explaning how u can systematically create a structured portfolio on ur own.
Hit "Retweet" to educate maximum retail/small investors
Lets go👇
(1/14)
Step No 1.-
Golden Rule of Finance-
Expenses=Income-Saving
🧪In the starting years as an investor save as much as u can.
🧪Cut down as much as u can on discretionary spending.
🧪Initial years are tough as capital comes in slowly and seeds for compounding are being laid
(2/14)
Step No 2:-
Buy a health insurance:-
Health insurance will protect your portfolio against undue shocks of unforeseen hospitalization
A detailed review of how to buy health insurance is
As part of financial planning
— JST Investments (@JstInvestments) December 24, 2020
A thread on health insurance
What is health insurance?
Health insurance is a insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines etc.
1/
Step No 3:-
Buy a Life Insurance(If required):-
Evaluate the need for life insurance.
If need be buy a term plan.
A detailed review of how to buy life insurance is
Term Plan or a ULIP or a endowment plan?\U0001f914
— JST Investments (@JstInvestments) April 5, 2021
Life Insurance simplified:
Do 're-tweet' & help us educate more investors
A Thread \U0001f9f5\U0001f447
(1/15)
Step 4:-
Evaluate ur life goals
Goals can be:-
🧪Retirement
🧪Buying a house
🧪Child's Marriage
🧪Child's Education
Evaluate the year in which the goal will be achieved with the amount of estimated amount
(5/14)
SEBI cuts REIT lot size to 1 unit....this will boost the liquidity and encourage more participation!
REIT is like a mutual fund that invests in physical real estate assets!
Read more
REIT is like a mutual fund that invests in physical real estate assets!
Read more
Real Estate Investment Trusts (REITs) Simplified.
— JST Investments (@JstInvestments) June 9, 2021
A product that provides a fixed income that is better than FD +an upside like equity.
A Thread \U0001f9f5\U0001f447
More from Stockslearnings
Should you add more in Equity or redeem right now?
A thread 🧵to guide retail on why & what should they do at these historic market highs.
Do ‘re-tweet’ and help us educate more retail investors (1/n)
#investing #StockMarket
Some investors feel that markets are trading at a PE of 27 vs 10 years historical average of 20 and a market-cap to GDP of 105 vs historical average of 79 and hence markets look expensive (2/n)
But, in such crazy liquidity driven markets, prices can move much ahead of the fundamentals & suddenly we start hearing commentaries of how the market is pricing in the earnings of FY 22 & 23 to justify the rally
If you r new to fundamentals, 👇 can help
Results for Q4 have come out very well but that is also because of the lower base effect of the last year.
Over the last many years, markets have corrected 10-15% each calendar year. Can it happen this year as well? Can very much and that can be a great entry point. Why? (4/n)
There are a lot of over hangs in the near term,
-Crude going up
-$ index moving up
-Inflation moving up
-COVID uncertainties
All of the above are –ve for markets & liquidity on the other side driving markets up, its impossible to judge the near term movement of the markets (5/n)
A thread 🧵to guide retail on why & what should they do at these historic market highs.
Do ‘re-tweet’ and help us educate more retail investors (1/n)
#investing #StockMarket
Some investors feel that markets are trading at a PE of 27 vs 10 years historical average of 20 and a market-cap to GDP of 105 vs historical average of 79 and hence markets look expensive (2/n)
But, in such crazy liquidity driven markets, prices can move much ahead of the fundamentals & suddenly we start hearing commentaries of how the market is pricing in the earnings of FY 22 & 23 to justify the rally
If you r new to fundamentals, 👇 can help
Market PE at 40 and yet the market is not falling, why? Getting asked this question multiple times. Here's a thread covering \u2018very basic\u2019 premier on valuation for my retail investor friends.
— Kirtan A Shah (@KirtanShahCFP) January 14, 2021
Do hit the \u2018re-tweet\u2019 and help us educate more investors (1/n) pic.twitter.com/8oCkBmmOXY
Results for Q4 have come out very well but that is also because of the lower base effect of the last year.
Over the last many years, markets have corrected 10-15% each calendar year. Can it happen this year as well? Can very much and that can be a great entry point. Why? (4/n)
There are a lot of over hangs in the near term,
-Crude going up
-$ index moving up
-Inflation moving up
-COVID uncertainties
All of the above are –ve for markets & liquidity on the other side driving markets up, its impossible to judge the near term movement of the markets (5/n)
Read and retweet. One of thr best investors in India who has made multibaggers from various sectors such as seeds, Financials, Auto Ancs, Real estate, Chemicals, Pharma,Technical textiles, Animal health etc. Uniquest and most realistic+diverse approach in my view @SamitVartak
Compelled to take down notes from this very interesting talk by @SamitVartak and share with the Investing community. Was introduced to this gentleman by @ishmohit1 - Thanks !!https://t.co/bCfjfNBWO1
— Mouzam (@mmali09) July 18, 2021
Highly recommended to watch it.
\u267b\ufe0fRetweet to if you find my notes useful https://t.co/3zZ9qCf90z pic.twitter.com/LGjoJDaJsT
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THREAD: 12 Things Everyone Should Know About IQ
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
As someone\u2019s who\u2019s read the book, this review strikes me as tremendously unfair. It mostly faults Adler for not writing the book the reviewer wishes he had! https://t.co/pqpt5Ziivj
— Teresa M. Bejan (@tmbejan) January 12, 2021
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
