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Earnings Call Transcript

Laxmi India Finance Earnings Call Transcript: Key Takeaways

Laxmi India Finance reported strong Q1 FY27 results, driven by 28% AUM growth and 70% PAT increase. Management is leveraging cheaper bank funding to expand NIMs while scaling its MSME-focused branch network across six states.

Guidance and delivery
Management target Net Profit 45.0% FY27
Highlights
Revenue growthNet interest income increased 39% YoY to ₹47.1 crore.
MarginsNIM expanded to 11.36% from 10.43% due to lower borrowing costs.
Demand visibilityStrong demand in semi-urban/rural MSME and self-employed borrower segments.
Management confidenceHighly confident, emphasizing structural improvements in funding costs and credit ratings.

Growth

AUM grew 28% YoY to ₹1,721.7 crore, fueled by a 31.7% increase in the own-book portfolio.

Outlook

Targeting 30-35% annual AUM growth and 40-45% PAT growth for FY27.

Risks

Rising credit costs in vehicle financing (0.95% vs 0.58% YoY) signal localized asset quality stress.

Last quarter's promises, checked

Delivered

  • Guided 30-35% AUM growth → delivered 28% (approx. target range) (= BEAT)
  • Guided 40-45% PAT growth → delivered 70% (= BEAT)
  • Guided NIM expansion via lower borrowing costs → delivered 11.36% from 10.43% (= BEAT)

Partly delivered

  • Guided expansion to Maharashtra and UP → delivered 194 total branches (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: LAXMIINDIA. Summary written with AI assistance from the document.

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Laxmi India Finance Ltd: key numbers

Share price
₹122.06
Market cap
₹639.5 Cr
Revenue (annual)
₹317.0 Cr
Net profit (annual)
₹49.76 Cr
P/E (TTM)
11.3×Sector 22.0×
Promoter holding
60.17%-0.14% QoQ
FII holding
1.40%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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