💰 ESAF SFB ka Financial Turnaround!
Bhai log, ESAF Small Finance Bank ne apne Q3 FY26 results mein sabko surprise kar diya hai. Company losses se nikal kar Profit mein wapas aa gayi hai, aur woh bhi ₹7 Cr ke Profit After Tax (PAT) ke saath! Ye ekdum shaandaar comeback hai, especially jab hum dekhte hain ki unhone apni asset quality ko kaise sambhala hai.
MARG Strategy Ka Kamaal!
Sabse bada reason ESAF ki MARG (MSME, Agri, Retail, Gold) strategy hai, jismein secured lending par full focus hai. Isse kya hua?
- Gross NPAs girkar 5.6% ho gaye hain (pahle zyada the).
- Net NPAs bhi sudhar kar 2.7% par aa gaye hain.
- Loan disbursements mein toh toofani tezi aayi hai, 134% YoY badhe hain aur 46% QoQ. Wah!
- Total advances bhi 13% YoY badhkar ₹20,679 Cr ho gaye hain.
- Deposits bhi 7% YoY badhkar ₹24,006 Cr ho gaye, jismein 93% stable retail deposits hain.
- Slippages bhi kaafi kam ho gaye hain, sirf ₹219 Cr rahe (jo pichhle saal Q3 mein ₹505 Cr the).
- Ab 63% advances secured loans hain, aur target hai ki March 2027 tak yeh 70% ho jaaye.
Operations Bhi Mast!
Operational performance bhi ekdum solid raha hai. Pre-Provisioning Operating Profit (PPOP) 98% YoY badhkar ₹253 Cr ho gaya hai. Aur Net Interest Margin (NIM) bhi improve hokar 6.6% ho gaya hai. Ye sab dikhata hai ki bank apne core operations mein accha kar raha hai.
Microfinance portfolio ko saaf karne ke liye ₹1,018 Cr ka sale bhi kiya gaya hai 9MFY26 mein, jisse balance sheet aur clean ho gayi hai.
Aage Kya? (Outlook & Risks)
Management ka kehna hai ki FY27 mein loan book 25% tak badh sakti hai, aur FY26 mein yeh 15-16% rahne ki ummeed hai. FY28 tak bank 1.5% se 2% ka ROA target kar raha hai.
Haan, kuch cheezein hain jin par nazar rakhni hogi:
NPA levels abhi bhi kam nahi hue hain, isliye risk management zaroori hai.
Credit costs normalize hone ki ummeed hai, par agar yeh expected se zyada lage toh profit par asar pad sakta hai.
Digital transformation ESAF 2.0 StratoNeXt program time par implement hona chahiye.
Overall, ESAF SFB ne ek accha comeback dikhaya hai aur investors ke liye ye ek positive sign hai. Ab dekhna hai ki yeh momentum aage bhi bana rehta hai ya nahi.