Q1-FY24 · Vishakha Mulye
We follow one ABC, one P&L approach to focus on quality and profitable growth by leveraging data, digital, and technology.
ABCAPITAL / language trends
Read confidence between the lines.
Aditya Birla Capital · tone and specificity signals across the available quarters.
Research layer active
Language signals
What changed in management language.
tracked
Q1-FY24 · Kamlesh Rao
Our forward guidance is that the quality of our book will get better across the 13 to the 61st month persistency from current levels.
Q1-FY24 · Rakesh Singh
We will continue to build a granular portfolio and enhance our retail and SME segment mix.
Q1-FY25 · Vishakha Mulye
Our prudent risk management practices have enabled us to pursue growth while protecting our capital.
Q1-FY25 · Kamlesh Rao
We continue to maintain our guidance on the net VNB margins for the end of the year to be in the range of 18%-20%.
Q1-FY25 · Mayank Bathwal
We continue to project strong growth in FY 25, coupled with consistent improvement in profitability towards the combined ratio of 1% in FY 26, as we had guided earlier.
Q1-FY26 · Rakesh Singh
We have been preemptive in making these interventions and will continue to have a positive approach in the small unsecured business loan segment, which we would like to reiterate and is less than 1.5% of the total portfolio.
Q1-FY26 · Kamlesh Rao
We maintain our guidance to expand net VNB margins through this year to achieve an 18%+ for the year.
Q1-FY26 · Pankaj Gadgil
We are very well placed to take advantage of, clearly, the market share gain is what we are getting, so riding on the 14%, 15% growth which is here in the industry, and with the capacity and productivity moving up for us combined with the ABG ecosystem and with the right eye on portfolio quality, I think we can see the growth momentum remaining quite consistent for us.
Q2-FY24 · Vishakha Mulye
We follow an omnichannel approach. Irrespective of the fact which channel the customer approaches, as far as our credit standards and underwriting standards are concerned, they're identical.
Q2-FY24 · Rakesh Singh
Our committed guidance from this front is that we will double our book in the next three years, and we will improve our ROA to 3% in the next three years, with the change in the product mix and improvement of margins.
Q2-FY24 · Kamlesh Rao
We maintain our guidance of growth for the full year projections for this business of 24. We expect to deliver 23%+ net VNB margin in financial year 2024.
Q2-FY25 · Vishakha Mulye
We remain confident in growing the overall NBFC portfolio by a CAGR of 25% over the next two to three years.
Q2-FY25 · Vishakha Mulye
Our credit loss has improved from 1.43% in Q1 to 1.25% in Q2 FY25, which is the best in class in the industry.
Q2-FY25 · Kamlesh Rao
We have a plan to get in place our projected net margins for the year. Focus on H2 will be on moderating ULIP and higher productivity on investments than in H1.
Q2-FY26 · Vishakha Mulye
We are starting to see some benefits of these measures in terms of record automobile and light goods sales since the last week of September.
Q2-FY26 · Kamlesh Rao
Our guidance is to grow the individual FIP at a figure of 20% plus. While achieving this, we intend expanding our current VNB margins of 18% plus and, in absolute numbers, double the value of our net VNB in the next three years' time frame.
Q2-FY26 · Pankaj Gadgil
Given this consistent improvement, we are well on track to achieve an ROA of 2%-2.2% over the next six to eight quarters, consistent with our guidance.
Q3-FY24 · Vishakha Mulye
We are confident of doubling our NBFC portfolio in the next three years.
Q3-FY24 · Rakesh Singh
We took several proactive interventions in this quarter by tightening our underwriting norms ahead of any real signs of industry concerns emerging in the small ticket consumer loan segment.
Q3-FY24 · Amit Jain
Our differentiated Health First model is now showing signs of maturity... Customers participating in Activ Dayz exhibit lower loss ratios ranging from 10%-30% or more.
Q3-FY25 · Vishakha Mulye
We have been calibrating our NBFC portfolio by reducing our exposure to the smaller ticket side unsecured personal loans and increasing the proportion of secured business loans over the past few quarters.
Q3-FY25 · Kamlesh Rao
Our endeavor is to close FY25 with the VNB margin of about 17%-18%.
Q3-FY25 · Vishakha Mulye
We have built significant capacity over the past few quarters by making investments in digital properties, technology, people and distribution. I am delighted to share that we have crossed the monthly disbursement run rate of INR 1,500 crores.
Q3-FY26 · Vishakha Mulye
We believe we are now fully geared up for the next phase of our growth...
Q3-FY26 · Kamlesh Rao
Our guidance continues to grow individual FYP at a CAGR of 20%+ for the next three years. While achieving this growth, we intend expanding our current VNB margins of +18%, and in absolute numbers, double the value of our net VNB in three years' time.
Q3-FY26 · Pankaj Gadgil
We believe we could achieve this slightly earlier than the guided time frame.
Q4-FY24 · Vishakha Mulye
Return on capital is important, but return of capital is going to be the cornerstone of our strategy.
Q4-FY24 · Rakesh Singh
We have guided for 75% of retail and SME product mix in the next two to three years. We continue to stay guided on that.
Q4-FY24 · Kamlesh Rao
Our endeavor is to grow the business at a CAGR of more than 20%, helping us to close to doubling our size from where we are present today over the next three years.
Q4-FY25 · Vishakha Mulye
We have successfully completed the amalgamation of Aditya Birla Finance with Aditya Birla Capital, following all requisite approvals.
Q4-FY25 · Mayank Bathwal
Our endeavor still remains to achieve a combined ratio of 100% at the earliest.
Q4-FY25 · Rakesh Singh
We are looking at expanding the ROAs from here on.
Q4-FY26 · Vishakha Mulye
AI is now becoming a core operating layer for us, and we are scaling up its uses across various areas such as underwriting, sales, voice calling, audit and compliance, customer service and operations.
Q4-FY26 · Rakesh Singh
We are looking at, by end of this year, we are looking at 2.5% ROE. This is what we are looking at.
Q4-FY26 · Kamlesh Rao
Our guidance continues to grow the individual FYP at a CAGR of 20% plus for the next three years. While achieving this growth, we intend maintaining our current VNB margins in the 18%-20% range.