WWRR Vol.2.017

Mar-15
Mar-16
Mar-17
Sep-17
Mar-18
Jun-18
Sep-18
Mar-15
Jun-15
Sep-15
Dec-15
Mar-16
Jun-16
Sep-16
Dec-16
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Mar-15
Mar-16
Mar-17
Sep-17
Mar-18
Jun-18
Sep-18
3.4%
1.7%
3.3%
2.2%
2.3%
2.6%
2.3%
4.3%
4.9%
5.2%
4.8%
4.5%
2.40%
4.80%
2.20%
4.5%
5.1%
5.6%
5.2%
4.5%
4.7%
Asset Quality Trends- Improved during H1FY2019
Exhibit 26 : 90+dpd movement for Retail NBFCs
6.0%
Exhibit 27 : NPA Movement- (Excluding NBFC-MFIs)
6%
5%
5.5%
5.0%
4.5%
4.0%
5.3%
4.9%
4.6%
5.0% 4.7%
4.8%
4.7%
4.4%
4.5%
4.3%
4.2%
4.0%
4%
3%
2%
1%
0%
3.5%
90+ dpd 90+dpd-Excl-MFIs 90+ dpd-Excl-MFIs (6 month Lagged)
Source: ICRA Research; Company/ Company Investor presentations of ICRA sample entities
❖ 90+ dpd (excluding MFIs) declined further to 4.2% from 4.4% in March 2018;
6-month lagged stood at 4.6% in June 2018
❖ Provision coverage adequate and range-bound at 50-55%
❖ Solvency ratio is stable at about 12-13% over last 2-3 quarters
Gross NPA % Net NPA % Gross NPA %-90 day lagged
Source: ICRA Research; NBFC/ NBFC Investor presentations of ICRA sample entities
Exhibit 28 : Solvency and Provision coverage- (Excluding NBFC-MFIs)
60%
55%
50%
45%
40%
35%
30%
25%
20%
20%
15%
10%
5%
0%
❖ Asset quality pressures to increase as disbursement slows in Q3 and Q4 FY2019
Provisioning Coverage (LHS) Net NPA/ Net worth
Source: ICRA Research; NBFC/ NBFC Investor presentations of ICRA sample entities
21