CSL Finance Ltd

- CSL Finance Limited is **not looking to raise capital** through equity or debt for the next 1-2 years. - The company aims to first achieve a **debt-equity ratio of 2-2.5x for its wholesale book** and **4-5x for its retail book** before considering raising new capital. - They have successfully raised Rs. 40 crores through private placement of NCDs in the recent quarter. - Borrowing cost is targeted to come down as the company works on improving its credit rating. - Current focus is on **repaying high-cost loans** and managing liquidity prudently. - Fundraising efforts will likely be reconsidered once leverage targets are met and market conditions improve.

- There is no specific mention of any current or planned capital expenditure (capex) or strategic investment in the provided transcript. - The management emphasizes cautious growth focused on existing wholesale and retail lending segments rather than diversification into new areas. - Plans include expanding branch presence in a few states over the next 12 months to support growth. - Capital raising is not anticipated in the next one to two years; focus is on achieving comfortable debt-equity ratios (2-2.5x for wholesale, 4-5x for retail) before considering capital raise. - Priority remains on growing the loan book prudently with emphasis on maintaining asset quality rather than large-scale capital or strategic investments.

- CSL Finance expects AUM (loan book) to increase in the next two quarters, with unutilized credit facilities of around Rs. 50-55 crores to be deployed. - Disbursements have increased significantly, indicating a focus on business growth moving forward. - Management is optimistic about wholesale and retail SME segments, focusing on affordable and mid-income housing sectors with predictable cash flows. - They expect growth without diversifying into new segments, prioritizing domain expertise and gradual scaling. - Rating improvements may reduce borrowing costs, supporting growth. - Geographic expansion is cautious, currently limited to NCR, Chandigarh, Mohali, Panchkula, Uttarakhand, and Rajasthan, expanding as the team and size grow. - Overall, the company aims to sustain quality while growing its loan book modestly, with more clarity expected after March 2022 results.

- AUM expected to increase in next two quarters by deploying unutilized credit facilities of Rs. 50-55 crores. (Page 6) - Focus on sustaining and maintaining quality loan book with cautious growth due to COVID uncertainties. (Page 11) - Pre-provisioning profits improved by 15% in Q2 FY21, but PAT slightly declined due to COVID provisions. (Page 3) - Net interest income grew by 7.26% in H1 FY21; PAT marginally increased by 0.66%. (Page 3) - Disbursements increased by 66% to Rs. 90 crores in Q2 FY21, supporting growth in AUM. (Pages 4 & 6) - With easing liquidity and improved rating outlook, cost of borrowing expected to decline, benefiting profitability. (Page 15) - Management cautious but optimistic about business growth, targeting increase in both wholesale and retail segments over next 1-2 years. (Pages 11 & 17) - March 2021 expected to give clearer outlook on growth targets and earnings guidance. (Pages 14 & 6)

- The transcript does not explicitly mention the current or expected order book or pending orders of CSL Finance Limited. - The focus is mainly on loan book segments, disbursements, collections, and AUM growth. - Management mentioned increasing disbursements with Rs.90 crores done in the recent quarter, reflecting growth momentum. - They are optimistic about AUM growth in the coming quarters, with unutilized credit facilities of about Rs.50-55 crores expected to be deployed. - Business growth is targeted in wholesale small and SME retail segments as well as selective geographical expansions. - No specific data or forecast related to an order book or pending order pipeline is provided in the available transcript.