Suryoday Small Finance Bank : Q4 2024 Quarterly Earnings: YoY Revenue Up 34.97. %, QoQ Up 8.27. %

The comprehensive analytics outlining the performance and outlook of Suryoday Small Finance Bank Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Suryoday Small Finance Bank Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year revenue growth of 34.97 %. However, it did see a marginal increase of 8.27 % from the previous quarter. Interest expenses surged remarkably by 5.37 % from the previous quarter, yet the year-over-year increase remains at a moderate 45.71 %. Expenses ticked up slightly by 15.37 % quarter-on-quarter, aligning with the annual rise of 31.7 %.
Financing profit, while down -4.86 % compared to last year, faced a quarter-on-quarter dip of -36.6 %, signaling a short-term contraction in margins. The Financing Margin % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.46 %, but a shrinkage of -2.46 % sequentially. Other income rose by 24.66 % compared to the last quarter, despite an annual growth of 90.46 %. Profit before tax grew annually by 59.61 % but saw an increase from the preceding quarter by 5.07 %. Tax expenses as a percentage of profits increased slightly by 1.57 % compared to last year, With a more notable quarter-on-quarter decrease of -0.9 %.
Net profit rose by 56.36 % year-on-year, but experienced a 6.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 56.56 % but a quarterly rise of 6.31 %. The Gross NPA % indicates concerning trends with a quarterly drop of -0.12 % and an annual decline of -0.19 %, pointing to weakening recovery efforts and a deteriorating credit environment. In contrast, the Net NPA% exposes underlying challenges, showing a quarterly decrease of -0.56 % and an annual decline of -0.69 %, reflecting persistent vulnerabilities in asset quality and risk management. In summary, Suryoday Small Finance Bank Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Suryoday Small Finance Bank Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Revenue saw a robust 34.97 % year-on-year growth, however, there was a minor increase of 8.27 % from the previous quarter. Interest expenses climbed by 5.37 % quarterly and sharply by 45.71 % annually, demonstrating effective cost control and improved debt management. Expenses rose by 31.7 % compared to the previous year, with a 15.37 % increase quarter-on-quarter. Financing Profit dropped by -4.86 % annually, and saw a -36.6 % decrease from the last quarter.
Net Profit showed yearly increase of 56.36 %, and experienced a 6.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 56.56 % annually, however rose by 6.31 % compared to the last quarter. Gross NPA% decreased by -0.12 % quarterly and fell by -0.19 % annually, showcasing improvements in asset quality. Net NPA% worsened by -0.56 % quarterly and decreased by -0.69 % annually, showcasing effective recovery and risk management strategies. In essence, while Suryoday Small Finance Bank Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.