Profitability

Profitability of players in Fiscal 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ena Cobalt 2
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SFB
AU SFB 27 | ss | 17 | 74 | 38 | 219 | ser | ses | 17 | 141 | 158 | 16
EquitassFB | 191 | 97 | 16 | 80 | 67 | 119 | 663 | 452 | 27 19) 98 | 14
Ujivan SFB 217 | 108 | 20 | 84 a2 | 229 | 674 so | 10 | 23 | 10 | 22
Jana SFB 227 | 93 | 37 | 94 | 99 | 199 | 806 " 28 | 30 | 35 | 03
Utkarsh SFB | 208 | 96 | 12 | 82 | 56 | om | 576 | 754 | o7 | 30 | 190 | 22
ESAF SFB 23 | w6 | 16 | a7 | 73 | 142 | 649 | 7993 | 15 | 24 |) 192 | 23
FincareSFB | 249 | 118 | 26 | 95 | 76 | 075 | 560 | 914 | 09 | 51 | 183 | 25
Capital SFB u2| 42 | 09 | 64 | 34 | 109 | 755 | 205 | 20 | 09 | 77 | 05
Suryoday SFB. | 225 | 107 | 19 a4 60 o71 471 | ea7te# |) 28 | 43) 14 =) «24
Microfinance*
a 204 | 121 | 03 90 43 042 | 359 a 16 | 30) 130 | 36
Spandana 248 | 166 | 55 | 119 | 40 | 022 | 197 - | 036) 30 | 156 | 65
Universal banks
BandhanBank | 140 | 96 | 21 | 78 33 | 053 | 308 | 67a | 15 | 26 | 229 | 44

 

 

 

 

 

 

 

 

 

 

 

 

 

Note: * As per company reports. ** Cost of borrowing is calculated on total borrowings, ie. sum of borrowing and deposits. ## After including
floating provision and technical write-off

Source: Company reports, CRISIL Research

Suryoday has the second highest yield among SEBs

Suryoday SFB has the second highest yield among SFBs. High yields are a result of high share of microfinance loans in
the portfolio. As SFBs diversify into other loan products, their yield is expected to decline like Equitas SFB. Among the
MFIs, Spandana had the highest yield on advances as at the end of Fiscal 2020.

Suryoday has the second highest RoA amongst SFBs

Suryoday has the second highest return on assets (ROA) at 2.4%. Fincare had the highest ROA at 2.5%, followed by
Utkarsh SFB (2.4%) in Fiscal 2020. Jana SFB and, Capital SFB had the lowest RoA among SFBs. Amongst MFIs,
Spandana had the highest RoA of 6.5% in Fiscal 2020.

Suryoday has the best cost to income amongst SFBs

Suryoday SFB had the lowest cost to income ratio of 47.1%, followed by Fincare (56.0%) and AU SFB (56.1%) in Fiscal
2020. Jana SFB and Capital SFB had the highest cost to income among SFBs.

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