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.
Prabhudas Lilladher Report
Shriram Transport Finance Co.'s Q4 FY21 earnings stood stable with in-line performance on business traction (assets under management Rs 1,172 billion versus our estimate; Rs 1,168 billion; grew 2% QoQ led by used commercial vehicle financing) and provision (Rs 7.2 billion versus our estimate Rs 7 billion and 2.5% credit costs versus 2.4% in Q3).
Moreover, asset quality continues to throw positive surprise with gross non-performing assets restricted to 7% three quarters in a row defying pandemic challenges.
However, second wave engulfing hinterlands is already impacting two aspects of business; namely, employee productivity (internally) and return loads for customers (externally).
Click on the attachment to read the full report:
DISCLAIMER
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.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR