On a year-over-year basis, annual Annual Revenues grew by 95.32%, while PAT grew by 236.23% Q4 revenues grew by 65.93%, while PAT grew by 61.86%
PHF Leasing Limited, the Metropolitan Stock Exchange listed (PHF / INE405N01016), deposit accepting NBFC, headquartered in Jalandhar, Punjab, announced their Annual and quarterly results for FY 2023–24. The Company is a category “A” deposit-taking Non-Banking Financial Company registered with Reserve Bank of India since 1998.
Some of the key highlights are:
YoY numbers
Annual Numbers:
- Total Revenues in 2023-24 stood at Rs.3464.27 Lakh, as against Rs. 1773.68 Lakh of 2022-23 – marking a growth of 95.32% on YoY basis
- PAT grew to Rs. 388.82 Lakh in 2023-24, up from Rs. 115.64 Lakh in 2022-23 – marking a growth of 236.23%
Q4 Numbers
- Total Revenues in Q4 of 2023-24 stood at Rs. 1089.25 Lakh, as against Rs. 656.46 Lakh of Q4 of 2022-23 – marking a robust growth of 65.93% on YoY basis
- PAT grew to Rs. 92.52 Lakh in Q4 of 2023-24, up 61.86 % from Q4 of 2022-23
QoQ Numbers
- Total Revenues in Q4 of 2023-24 stood at 1089.25 Lakh, up from Rs 977.94 Lakh as against Q3, marking an increase of 11.38 %
- PAT in Q4 of 2023-24 stood at Rs. 92.52 Lakh, down from Rs. 141.38 Lakh, marking a decrease of 34.56% from Q3 of 2023-24
Financials at a glance:
(Rupees in Lakhs except EPS)
| Quarter ended | – | FY ended | ||||||||
| Mar 31, 2024 | Mar 31, 2023 | Dec 31, 2023 | Mar 31, 2024 | Mar 31, 2023 | ||||||
| Total Revenues | 1089.25 | 656.46 | 977.94 | 3464.27 | 1773.68 | |||||
| PBT | 92.10 | 87.13 | 117.45 | 343.87 | 144.57 | |||||
| PAT | 92.52 | 57.16 | 141.38 | 388.82 | 115.64 | |||||
| EPS | 0.75 | 1.00 | 1.14 | 3.14 | 2.08 | |||||
| AUM | 20938 | 10812 | 19577 | 20938 | 10812 | |||||
Commenting on the results, Mr. Shalya Gupta, CEO, PHF Leasing said “We continue to increase our geographical reach and open new territories aggressively. PHF Leasing has already become the preferred partner for financing solutions for eLCV manufacturers in North India today. Our LAP products are also being appreciated by customers. This is reflected in our robust topline and bottom-line growth. We are confident of maintaining a 50 percent plus growth over the next couple of years”.
About PHF Leasing Limited:
Incorporated in 1992, PHF Leasing Limited is a Metropolitan Stock Exchange of India listed, deposit accepting NBFC, headquartered in Jalandhar, Punjab. The Company is a category “A” Deposit taking Non-Banking Financial Company registered with Reserve Bank of India since 1998. The product portfolio includes Home Loans, Mortgage loans against immovable property (LAP) and financing E-vehicles primarily E-rickshaws, E-loaders and EV – 2 wheelers. The total AUM is around Rs. 210 Cr.
Operating in Eleven states & UT, PHF Leasing is operating in 140+ Locations and employs 500+ people.
For more information, please visit: www.phfleasing.com
SAFE HARBOUR STATEMENT:
This release may include certain ‘forward looking statements’, based on current expectations, forecasts and assumptions within the meaning of applicable laws and regulations. They are subject to risks and uncertainties which could cause actual outcomes and results to differ materially from these statements. The Company disclaims any obligation to revise any forward-looking statements.
For Media/Analyst enquiries:
Sunil Kumar Singh
Finese PR
+91-11-27013586 / 27018630 / 27022460
+91 9818363518
