AU Small Finance Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

AU Small Finance Bank Ltd gained for a third straight session today. The stock is quoting at Rs 593.95, up 2.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.25% on the day, quoting at 23745.85. The Sensex is at 78326.94, up 1.28%. AU Small Finance Bank Ltd has slipped around 10.66% in last one month.

Meanwhile, Nifty Bank index of which AU Small Finance Bank Ltd is a constituent, has slipped around 2.02% in last one month and is currently quoting at 50363.8, up 1.1% on the day. The volume in the stock stood at 15.11 lakh shares today, compared to the daily average of 27.66 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 592.55, up 2.54% on the day. AU Small Finance Bank Ltd is down 19.1% in last one year as compared to a 20.57% jump in NIFTY and a 16.82% jump in the Nifty Bank index.

The PE of the stock is 22.87 based on TTM earnings ending September 24.

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AU Small Finance Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 577.9, down 0.47% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 24233.2. The Sensex is at 79752.86, up 0.34%.AU Small Finance Bank Ltd has eased around 17.56% in last one month.Meanwhile, Nifty Bank index of which AU Small Finance Bank Ltd is a constituent, has increased around 0.41% in last one month and is currently quoting at 51561.2, up 0.91% on the day. The volume in the stock stood at 20.06 lakh shares today, compared to the daily average of 23.85 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 579.9, down 0.52% on the day. AU Small Finance Bank Ltd tumbled 18.38% in last one year as compared to a 24.11% rally in NIFTY and a 18.26% spurt in the Nifty Bank index.

The PE of the stock is 22.94 based on TTM earnings ending September 24.

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AU Small Finance Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 625.8, up 1.37% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.8% on the day, quoting at 23867.45. The Sensex is at 78411.79, down 1.65%. AU Small Finance Bank Ltd has dropped around 14.62% in last one month.

Meanwhile, Nifty Bank index of which AU Small Finance Bank Ltd is a constituent, has dropped around 1.24% in last one month and is currently quoting at 51673.9, down 1.1% on the day. The volume in the stock stood at 24.49 lakh shares today, compared to the daily average of 22.86 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 627.15, up 1.22% on the day. AU Small Finance Bank Ltd is down 7.14% in last one year as compared to a 22.95% spurt in NIFTY and a 17.16% spurt in the Nifty Bank index.

The PE of the stock is 24.36 based on TTM earnings ending September 24.

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Net interest income (NII) stood at Rs 1,974 crore in second quarter of FY25, up 58.05% YoY. Net interest margin (NIM) stood at 6.1% during the quarter.

Pre-provisioning profit in Q2 of FY25 was at Rs 1,132 crore, registering a growth of 80% YoY. Provisions soared 292.63% YoY to Rs 373 crore in the quarter ended 30 September 2024.

The bank's total deposits increased 44.82% YoY to Rs 1,09,693 crore. CASA deposits increased by 38.4% YoY to Rs 35,521 crore compared to Rs 25,666 crore in Q2 FY24; CASA ratio was at 32%.

On the asset quality front, the bank's gross non-performing assets (NPAs) stood at Rs 1,901.69 crore as on 30 September 2024 as against Rs 1,244.75 crore as on 30 September 2023.

The ratio of gross NPAs to gross advances was at 1.98% as on 30 September 2024 as compared to 1.91% as on 30 September 2023.

The ratio of net NPA to net advances stood at 0.75% as on 30 September 2024 as against 0.60% as on 30 September 2023. Provisioning coverage ratio (PCR) remained stable at 82%.

Sanjay Agarwal, Founder, MD & CEO, of AU Small Finance Bank, said, “First half of this financial year saw some discontinuity in business momentum with persistent inflation, general elections and various state elections as well as heat wave and unusual heavy rain in August. We have started to see early signs of pickup in economic activity over the last 3-4 weeks and remain optimistic of an improved operating environment in H2 as consumer confidence, rural demand and private investment picks up.

Amidst this macro backdrop, AU SFB delivered another quarter of consistent performance across most of the parameters with sustainable growth in our assets and profitability. Our double-digit deposit growth on QoQ basis with stable cost of funds remains the highlight of the quarter. We aim to deliver all our articulated strategy of AU@2027 by focusing on our margins, sustained fee income growth and calibrating operating expenses of the book.

This quarter, we applied to RBI for voluntary transition to universal bank which will further Improve our brand acceptance with higher perception of safety and trust and thereby enable us for the next phase of growth and buildout of a ‘forever bank’.”

AU Small Finance Bank (AU SFB/AU) is a scheduled commercial bank, a Fortune India 500 Company and the largest Small Finance Bank in the country.

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