AU SMALL FINANCE BANK LTD.
Ventura
Strategic pivot towards high yielding assets
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
13 Mar 2025 | Au SF Bank |
Ventura
|
710.95 | 676.00 | 502.85 (41.38%) | Target met |
Buy
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02 Mar 2025 | Au SF Bank |
Axis Direct
|
710.95 | 622.00 | 565.70 (25.68%) | Target met |
Buy
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27 Feb 2025 | Au SF Bank |
ICICI Securities Limited
|
710.95 | 725.00 | 556.70 (27.71%) | Target met |
Buy
|
RoA at cyclical low, multiple levers in place to improve profitability; upgrade to BUY
ICICI Securities Limited
AU SFB’s profitability, post merger in Apr’24, was impacted due to elevated credit cost on the back of higher-than expected delinquencies in its credit card (CC)/microfinance (MFI) portfolios and NIM compression.
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14 Feb 2025 | Fusion Micro Finance |
Motilal Oswal
|
178.05 | 175.00 | 157.17 (13.28%) | Pre-Bonus/ Split |
Neutral
|
Weak performance; front-loading stress for a cleaner FY26
Motilal Oswal
Fusion reported a net loss of ~INR7.2b in 3QFY25 (vs. MOFSLe loss of INR2b), as NIM contracted due to interest income reversals and the reversal of all net Deferred Tax Assets (DTA) to date.
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13 Feb 2025 | Fusion Micro Finance |
ICICI Securities Limited
|
178.05 | 160.00 | 168.65 (5.57%) | Target met |
Sell
|
Weak financial performance continues; stress pool remains bloated
ICICI Securities Limited
Fusion Finance (Fusion) has bolstered its balance sheet by upping its provision cover across Stage-1/2/3 assets and de-recognising interest income on Stage-3 assets.
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04 Feb 2025 | Ujjivan Small Finance |
Geojit BNP Paribas
|
47.24 | 41.00 | 37.34 (26.51%) | Target met |
Accumulate
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01 Feb 2025 | Equitas Small Finance Bank |
Axis Direct
|
54.23 | 72.00 | 66.72 (-18.72%) | Target met |
Hold
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31 Jan 2025 | Equitas Small Finance Bank |
Motilal Oswal
|
54.23 | 80.00 | 66.50 (-18.45%) | 47.52 |
Buy
|
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27 Jan 2025 | CreditAccess Grameen |
Axis Direct
|
1298.30 | 975.00 | 923.80 (40.54%) | Target met |
Hold
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27 Jan 2025 | Au SF Bank |
Axis Direct
|
710.95 | 700.00 | 563.45 (26.18%) | Target met |
Buy
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