M&M Finance ki Q3 Earnings: Numbers kya bolte hain?
M&M Finance ne apne 'Udaan' transformation ke baad finally growth mode mein entry maari hai. Is baar Q3 FY26 mein Profit After Tax (PAT) mein 59% ka zabardast QoQ jump dikhaya hai. Aur kya mast badhe hain Net Interest Margins (NIMs), ab ye 7.5% par aa gaye hain (pehle ye 6.5% ke aas paas the), jo ek structural improvement hai. Return on Assets (ROA) bhi 2.5% tak pahunch gaya hai Q3 mein!
Asset Quality aur Disbursements ka Scene
Asset quality bhi stable lag rahi hai, Gross Stage 3 (GS3) assets 3.8% par hain, jo Pichhle quarter se 14 bps kam hai. Loan disbursements mein bhi record bana hai, 7% YoY aur 30% QoQ badhotri hui hai. Tractor finance toh 65% YoY bhaga hai! MSME business toh already ₹8,000 crore tak pahunch raha hai.
Aage ka Plan: Diversification is the Key!
Management ka kehna hai ki ab sirf wheels (gaadiyon) finance par depend nahi karenge. FY30 tak wheels business ka share 88% se kam karke 70% karne ka target hai. Plan hai ki housing finance subsidiary ko merge karne aur MSME business ko expand karne ka. Target 2% ROA interim hai, aur long-term 15% ROE ka goal hai. Capital Adequacy ratio bhi 17.4% hai, jo kaafi strong hai.