ADITYA BIRLA CAPITAL LIMITED
The consolidated revenue1 of the Company grew by 29% year-on-year to
The Company has a pan-
The Company follows a 'Digital First Approach' for product innovation, direct acquisition, seamless onboarding and service delivery. In 9M FY24, 80% customers were onboarded digitally in the AMC business. In life insurance, 80% renewals were done digitally in 9M FY24. In
The Company follows a 'Digital First Approach' for product innovation, direct acquisition, seamless onboarding and service delivery. In 9M FY24, 80% customers were onboarded digitally in the AMC business. In life insurance, 80% of renewals were done digitally in 9M FY24. In the
The Company has seen a robust response to its comprehensive B2B platform for MSME ecosystem, Udyog Plus, with more than 4 lakh registrations as of
Segmental Revenue:
Excluding fair value gain related to
Highlights of NBFC business for Q3 FY24
Disbursements grew by 26% year-on-year to
Loan portfolio grew by 35% year-on-year and 5% sequentially to
Net interest margin (NIM) remained healthy at 6.88%
Profit before tax grew by 42% year-on-year and 4% sequentially to
Return on assets was 2.41%
Return on equity grew by 186 basis points year-on-year to 16.96%
Gross stage 2 and 3 assets declined by 213 basis points year-on-year and 39 basis points sequentially to 4.85%
Highlights of Housing Finance business for Q3 FY24
Disbursements grew by 45% year-on-year to
Loan book grew by 27% year-on-year and 7% sequentially to
Profit before tax grew by 28% year-on-year to
Return on assets grew by 10 basis points year-on-year to 2.01%
Return on equity grew by 167 basis points year-on-year to 14.58%
Gross stage 2 and 3 assets declined by 416 basis points year-on-year and 85 basis points sequentially to 3.54%
Highlights of Asset Management business for Q3 FY24
Mutual fund quarterly average assets under management (QAAUM) increased by 11% year-on-year to
Individual monthly average assets under management grew by 14% year-on-year, to
Monthly systematic investment plan (SIP) flows grew by 7% year-on-year to
Passive AUM grew by 36% year-on-year to
Individual First Year Premium (FYP) grew by 8% year-on-year to
Renewal premium grew 20% year-on-year to
13th month persistency continued to improve at 87% in
Net VNB margin was 15.6%
Highlights of
Gross written premium grew by 29% year-on-year to
Market share among standalone health insurers increased by 30 basis points year-on-year to 10.7%
Combined ratio was 121%
Highlights of Other businesses for Q3 FY24
Profit before tax for other financial services businesses (general insurance broking, stock and securities broking, and stressed assets platform) of the Company grew by 66% year-on-year to
Contact:
Mr. Sandeep GurumurthiGroup Head
Tel: +91-22-6652-5000 / 2499-5000
Email: sandeep.gurumurthi@adityabirla.com
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