NBFC Q2 Earnings Preview - Expect Healthy Improvement In Asset Quality, Demand: Systematix

NBFC Q2 Earnings Preview - Expect Healthy Improvement In Asset Quality, Demand: Systematix

An employee counts Indian rupee banknotes. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Systematix Research Report

Despite the third wave overhang, recovery momentum kept gaining root well into September 2021.

Business volumes in Q1 FY22, however, were impacted by the second Covid-19 wave for vehicle financiers.

We expect restructuring volumes to be in low-single digits as a percentage of assets under management with not much incremental credit costs as they were largely upfronted in Q1 FY22.

We expect assets under management growth and collections to hold up well for our covered vehicle finance non banking financial companies in Q2 FY22.

Click on the attachment to read the full report:

Systematix Indian NBFC Sector - Q2FY22 Result Preview.pdf
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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