Hello
I am sharing my calculations for manappuram and Asirwad,
I have been very considerable in my calculations and exits.
Risks -
There was a steep rise in GNPA QoQ in asirwad and in Q4 they took about 150 crs and in FY24 460 crs of impairments and provisions , even after this their NNPA is at 1.7 % - compared to other MFI the number is on the higher side.
If the Credit costs increase then it can impact the profitability of the company and my calculations
Happy Investing To All
Views are Welcome
Disc - Invested
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