AU Small Finance Bank Reports 46% YoY Growth in Deposits for Q4FY22; stocks soar ~1.5%

AU Small Finance Bank Limited has updated investors on its performance for the quarter and year ended March 31, 2022.

The company reported total deposits of Rs52,825 crore for Q4FY22 against Rs35,979 crore for Q4FY21, recording growth of 46% yoy and 19% QoQ. Its CASA ratio was 37% for Q4FY22.

AU SFB reported gross advances of Rs46,801 crore vs Rs35,356 crore for Q4FY21, recording growth of 32% yoy, and 15% QoQ. Bank lending AUM stood at Rs 47,843 crore for the current quarter compared to Rs 37,712 crore for the previous corresponding quarter, up 27% year-on-year.

It reported total fund-based disbursements of Rs 10,296 crore for the current reporting period, compared to Rs 7,421 crore for Q4FY21, up 39% year-on-year. While its non-fund based disbursements jumped 90% during Q4FY22 to Rs742 crore from Rs391 crore in Q4FY21.

According to monthly collection trends, collection efficiency was 112% in March FY22 at par with March FY21, 107% in February 2022 and 105% in January 2022.

AU Small Finance Bank is currently trading at Rs1,326.50 up Rs17.95 or 1.37% from its previous close of Rs1,308.55 on BSE. The certificate touched the intraday high and low of Rs1,342.70 and Rs1,300 respectively.

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