Achanak PAT mein itni tezi kyun?
Asal mein, company ka Profit Before Tax (PBT) bhi 19.5% badh kar ₹115.06 crore tak pahunch gaya. Aur yeh sab hua hai company ke lending business mein improvement ke karan. Inka Gross Loan Book 21.5% badh kar ₹2,035.72 crore ho gaya. Sabse achhi baat yeh hai ki asset quality mein zabardast sudhar aaya hai. Gross Non-Performing Loans (NPLs) gir kar sirf 0.38% (₹7.82 crore) reh gaye hain, jo pehle 3.22% the. Net NPLs toh zero ho gaye hain! Aur haan, Net Interest Margins (NIMs) bhi 5.07% se sudhar kar 6.34% ho gaye hain.
Par income kam kyun hui?
Thoda contradiction hai, right? Company ki total income 22.1% gir kar ₹202.89 crore ho gayi. Par iska impact kam karne ke liye, company ne bad debts ke liye provisions (matlab future losses ke liye alag rakhe paise) ko bhi kaafi kam kar diya, jo pehle ₹5 crore the woh ab Nil ho gaye.
Future ka game plan kya hai?
TFCI sirf hospitality financing tak seemit nahi rehna chahta. Woh ab real estate, manufacturing, social infrastructure, logistics aur NBFC/ARC sectors mein bhi utar rahe hain. Aur company bade plans bana rahi hai - inorganic growth ke liye, matlab doosri companies ko khareedne ke chances bhi explore kar rahe hain. Ek Alternative Investment Fund (Category II) mein bhi invest karne ka plan hai, jo hospitality aur real estate par focus karega.
Balance sheet bhi strong dikh rahi hai. Debt-to-Equity ratio 0.91:1 se kam ho kar 0.75:1 ho gaya hai. Net Tangible Worth bhi badh kar ₹1,272.85 crore ho gaya hai.
Kya dhyan rakhna chahiye?
PAT aur asset quality ka badhna bahut achhi baat hai, par total income ka 22.1% girna ek point hai jise nazarandaaz nahi kar sakte. Investors ko yeh dekhna hoga ki company apne naye sectors jaise manufacturing aur social infrastructure mein kitni successful hoti hai. Competition aur regulations bhi ek challenge ho sakte hain. Aane wale time mein loan book ka consistent growth aur inorganic growth ka asar dekha jayega.