LICHF's loan book grew (15%YoY, 3%QoQ) to INR 1311bn in 2QFY17. Growth in project loans was healthy at 23%YoY. Home loans to Individual showed a stable growth of 15%YoY. Consequently, the share of individual and project loans stood at 97.2% and 2.8% of the overall portfolio respectively. LAP's share in the overall portfolio has grown by 40bps...
Growth in advances was supported by strong growth in Corporate & Institutional Banking (38%YoY), while growth in retail banking was noted at (36%YoY) largely led by a growth in Consumer Banking segment (71%YoY). In stressed sector like Iron & Steel exposure stands at 1.7%, EPC at 5.8% & Power/ electricity at 9.1%. Further, above 75% of exposures in...
In 2004, AV Birla group acquired management control of the company. UTCEM is the largest producer of Grey cement, White cement and RMC (Ready-Mix-Concrete) in India with installed capacity of 69.3 MTA. The company has presence with 12 integrated plants, 1 White cement plant, 2 Wall care Putty plants, 1 Clinkerisation plant in UAE, 19 grinding units; 15 in India, 2 in UAE, 1 in Bahrain and Bangladesh each, 7 bulk terminals; 6 in India & 1 in Sri Lanka and 101 Concrete plants. UTCEM is also a leader in the export markets of countries...
Dewan Housing Finance Corporation (DHFL) promoted by the Wadhwan group, commenced operations in 1984. DHFL with a total AUM of INR 752bn is the 3rd largest housing finance company with a market share of nearly~ 4% and operates through a network spread across in 353 locations. It is the only Housing Finance Company with focus on LMI customer segment. Distribution footprint is primarily spread across Tier II / III cities and outside the municipal limits of...
Background: Zensar Technologies is an RPG Group company, with end-to-end services from IT development to business process outsourcing. In 2QFY17: company has domain expertise in Application Management Services (76.7%), Infrastructure Management Services 23.3%).The Company's business is primarily classified into Manufacturing (51.8%), Retail & Consumer services (25.7%), BFSI (18.1%), and Emerging (4.5%). The company's business is spread across USA (75.1%), Europe (9.9%), Africa (8.6%), and Row (6.4%). It receives 66.2% of revenues from onsite and 33.8% of revenues from offshore. Fixed price contracts...
Background: Cyient is a mid cap IT Company with FY16 revenues of INR 31.0bn specializing in engineering solutions, including product development and life cycle support, process, network & content engineering. In 2QFY17: Ex- DLM business, revenue share by geography: Americas (59.0%), Europe, Middle East, Africa & India (24.0%), and Asia Pacific (17.0%). Revenue share by business unit: Aerospace and Defense (36.8%), Transportation (9.4%), Industrial energy & Natural resources (9.3%), Semiconductor (4.1%), Medical & healthcare (1.9%), Utilities & Geospatial (16.7%), Communication (21.8%). Design Led Manufacturing Business: Revenue bu segment, Aerospace and defense (10.7%), Industrial (29.5%), Medical (12.4%), Communication (46.4%) and others (1.1%). Onshore/Offshore split: Onshore (40.1%), Offshore...
Background:DCB Bank Limited (formerly Development Credit Bank Limited) is the smallest listed private sector lender. DCB has a deposit base of INR 177bn and advances of INR144bn at the end 2QFY17, making it the smallest bank in the listed private sector space, including both new and old generation private sector banks. Promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments holds ~16.23% stake. DCB services entails Corporate Banking - 16%, SME -11%, Agriculture 17%, Mortgages 43%. As on 2QFY17, the bank has a...
