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Apr 26 • 9 tweets • 5 min read
ICICI Bank Ltd Q4 FY22 Earnings Concall Insights

#ICICIBANK #ICICIBANKQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
🧵
ICICIBANK said its employee expenses increased by 21% YonY. And the bank had about 105,800 employees at March 31, with employee count increasing by about 7,000 in the last 12 months.
Q&A Insights: Mahrukh Adajania of @EdelweissFin asked about margin outlook and if repo rate hike will gain margin. Rakesh CFO replied that it’s difficult to give an outlook. The target would be to try and see how margins can be maintained. But it will be a function of the market.
Q&A Insights: Mahrukh Adajania from @EdelweissFin also asked if the bank’s Amazon Pay ICICI Bank card are fully compliant with RBI’s new master directions. Anup Bagchi ED said that at the first reading, ICICIBANK will be quite unaffected by these RBI guidelines.
Q&A Insights: Mona Khetan from @Dolat_Capital asked about the revolve rates in the credit card book vs. pre-COVID levels. Rakesh Jha CFO replied that bank doesn’t disclose that separately. But it would be somewhat lower than where ICICIBANK was pre-COVID.
Q&A Insights: Manish Ostwal of @NirmalBang asked about FY23 loan growth outlook. Rakesh Jha CFO said the bank doesn’t have any specific target. The bank’s focus is entirely on growing the risk-calibrated core operating profit. So it will grow in line with market opportunities.
Q&A Insights: Nitin Aggarwal from @MotilalOswalLtd asked about provisioning expenses. Rakesh Jha CFO said that the bank would always want its provisions as a percentage of core operating profit not to exceed 25% through a cycle. So there’s no specific guidance the bank can give.
Q&A Insights: Sameer Bhise of JM Financial asked about the duration on the AFS portfolio. Rakesh Jha CFO said that the bank doesn’t share the duration separately. But overall the approach has never been to take high duration into the AFS portfolio, even if interest rates go down.
To read further on the detailed analysis of #ICICIBANK concall Q&A …

alphastreet.com/india/icici-ba…

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Apr 27
AU Small Finance Bank Ltd Q4 FY22 Earnings Concall Insights

#AUFI #AUFIQ4 #AUSmallFinanceBank #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
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AUFI generated its higher ever operating profit in 4Q22. The company said 40% of its new customers acquired in 4Q were through the recently launched digital channels and products.
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Apr 27
HDFC Life Insurance Company Ltd Q4 FY22 Earnings Concall Insights

#HDFCLIFE #HDFCLIFEQ4 #HDFCLifeInsuranceCompany #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
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Q&A Insights: Suresh Ganapathy from @Macquarie asked about the details of the 80 bp change in operating assumptions impacting margin. Niraj Shah CFO said that it’s the seasonality assumptions the company had at the beginning of the period, given what’s seen in the portfolio.
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Apr 27
Bajaj Finance Ltd Q4 FY22 Earnings Concall Insights

#BAJFINANCE #BajajFinance #BAJFINANCEQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
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Q&A Insights: Abhishek Murarka from @HSBC_IN asked about the NIM and cost to income outlook for FY23. Rajeev Jain MD said opex to NIM would remain elevated. Eventually it will lead to better OpEx to NIM ratio.
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Apr 26
Meghmani Finechem Limited Q4 FY22 Earnings Concall Insights

#MFL #MeghmaniFinechem #MFLQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
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MFL closed the year with highest ever revenue and PAT of INR1,551 crores and INR253 crores respectively, which is attributed to a volume growth of 20% and higher realization for all the products.
Q&A Insights: Manish Jain of @MoneylifeAdvice asked about the demand outlook for ECH in domestic industry. Maulik Patel MD said currently the ECH is in its peak demand due to the infrastructure projects. MFL said it expects this to remain the same for next one or two years.
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Apr 26
Tatva Chintan Pharma Chem Limited Q4 FY22 Earnings ConCall Insights

#TATVA #TatvaChintanPharmaChem #TatvaChintanPharma #TATVAQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
🧵
For the first time, TATVA said, it crossed the revenue mark of INR400 crores, profit before tax of more than INR100 crores and exports revenue of INR300 crores.
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Apr 21
ICICI Securities Ltd Q4 FY22 Earnings ConCall Summary

#ISEC #ICICISecurities #ISECQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch
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