Near Breakout after 8 years

SATIN
*Stock near 8 yrs resistance zone
*Stock near breakout zone
*quarterly result comes good

Trade active:

SATIN CREDITCARE - Solid Results🟢(1 May 24)

Investor PPT & Highlights

Earnings Growth + Re Rating🔥

Attractive Valuations💹
P/B - 1.2, BVPS - 217

Delivered above guidance and on all the parameters

FY25 Guidance🔥
- AUM & Disbursement growth - 25%
- Credit Cost for FY25 to be in the range of 1.5-1.75%

FY24 Cons.
AUM🔼30 % - 11,850 Cr
Disb🔼30 % - 10,549 Cr
NII🔼43 % - 1340 Cr
PPOP🔼80 % - 732 Cr
PAT - 436 Cr vs 5 Cr

FY24 Stand.
AUM🔼34 % - 10,593 Cr
Disb🔼30 % - 9691 Cr
PAT🔼60 % - 423 Cr

Solid
ROE🔼21.6 %, ROA🔼4.8 %
Credit Cost - 1.44 % , Guided for 1.25-1.5 %

Secured : Unsecured - 12:88

Asset Quality continues to improve
On Book GNPA 2.49 % vs 3.28 %
PCR - 83 % vs 64 %

Punjab Portfolio effected
Total on book Pf - 369 Cr
Out of 61 branches in Punjab, 10 have been affected
PAR 1 stands at 23 Cr, PAR 90 at 11 Cr

Strong Capital Adequacy - 27.7 %

Overall Solid results, delivered above guidance
Asset quality must be monitored every quarter