SRG Housing

- The company has raised Rs. 167.40 crore during FY22 through debt, with 36% from banks, 43% from financial institutions, and 21% from National Housing Bank. - Gearing is currently about 2.5x and is expected to increase to around 3.67x with recent funding of Rs. 115 crore. - The management plans to raise equity only after the loan book reaches Rs. 500 crore. - No immediate equity fundraising is planned; equity issuance will be considered post achieving the target loan book size. - The company aims to achieve a loan book of Rs. 500 crore in FY23 and then look at equity funding to support further growth.

- SRG Housing Finance is currently in an expansion phase, focusing on branch and team growth. - They have opened 9 new branches recently and plan to increase the total branches to around 50-51 by March. - New branches planned: 5-6 in Madhya Pradesh, 3 in Rajasthan, and 3-4 in Gujarat. - The company is building new teams and investing in technology and software development. - Employee hiring is ongoing with approximately 100 new employees added in the last quarter. - No explicit mention of large-scale capital expenditure, but investments in branch expansion, human resources, and technology indicate strategic growth capex. - They plan to increase leverage (gearing) to about 3.67x (from current 2.5x), having already raised Rs. 115 crore last year for funding growth. - Equity raising is planned once the loan book reaches Rs. 500 crore.

- SRG Housing Finance aims to grow its loan book to Rs. 500 crore by the end of FY'23, targeting a 50% growth from Rs. 320-325 crore in FY'22. - The company plans to expand to 50 branches by March, adding 4-5 new branches mainly in Rajasthan, Madhya Pradesh, and Gujarat. - Expected quarterly disbursement run rate is Rs. 50 crore, indicating steady sales momentum. - Business environment is improving post-COVID, with increased loan sanction and disbursement activities. - Expansion includes a strengthened team with 100 new employees appointed in the last quarter to support growth. - Collections are primarily electronic (95% via ECS/Online), ensuring operational efficiency. - Management is cautiously optimistic, with growth dependent on market conditions and no major unforeseen hurdles like new COVID variants.

- SRG Housing Finance aims to achieve an AUM of Rs. 500 crore by the end of FY'23, indicating around 50% growth from the current Rs. 340 crore book. - Business expansion is supported by opening new branches (targeting ~50 branches by March) and appointing new employees to drive growth. - Management expects an improvement in revenue as new branches and employees start generating business, leading to a reduction in the cost-to-income ratio toward ~40%. - Net Interest Margin (NIM) is targeted to maintain around 10.6% to 12%, despite interest rate fluctuations, given fixed-rate lending. - Profit before tax grew by 7% in FY22 and 57% in Q4; PAT grew 8% in FY22 and 59% in Q4; expectations suggest these growth trends could continue with market normalization. - EPS stood at Rs. 16 in FY22 with prospects of sustainable or improved earnings as disbursements and collections stabilize post-COVID. Overall, management is cautiously optimistic about achieving growth in earnings and profitability aligned with business expansion plans.

- SRG Housing Finance Limited targets an AUM (Asset Under Management) of Rs. 500 crore by the end of FY'23. - The company plans a quarterly disbursement run rate of around Rs. 50 crore, supported by branch expansion. - They currently have 46 branches and plan to expand to about 50-51 branches by March, focusing on Rajasthan, Madhya Pradesh, and Gujarat. - Disbursement in April-May 2022 is positive and comparable or better than the previous year, with sanctioned loans being disbursed. - The business momentum is improving post-COVID, with new team appointments and technology enhancements supporting growth. - No specific mention of pending orders; the focus is on achieving the Rs. 500 crore book size through ongoing disbursements and branch expansion.