Net Interest Income (NII) is expected to increase by 46 percent Y-o-Y (up 13 percent Q-o-Q) to Rs. 324.9 crore, according to Kotak.
With a pan-India presence and relatively high-yielding book, they remain attractive candidates for mergers and acquisitions by relatively larger entities.
Valuation appears to be reasonable after the stock correction
Stock prices have already taken cognisance of the positive changes. However, acceleration in earnings going forward or any inorganic development along with probable re-rating of valuation multiples make Equitas and Ujjivan worth exploring for the long-term.
Profit is expected to be at Rs 27.8 crore in Q3FY18 against Rs 43.9 crore in previous year, according to average of estimates of analysts polled by CNBC-TV18.
In an interview to CNBC-TV18, Samit Ghosh, MD & CEO of Ujjivan Small Finance Bank spoke about the results of Ujjivan Financial Services and his outlook for the company.
Ujjivan Financial Services reported weak earnings in Q1. In an interview to CNBC-TV18, Sudha Suresh, MD & CEO of the company spoke about the results and her outlook going ahead.
In an interview with CNBC-TV18, Samit Ghosh, CEO & MD of Ujjivan Financial Services spoke about the results and his outlook for the company.
Speaking to CNBC-TV18, Sudha Suresh, CFO of Ujjivan said that monthly collections have picked up strongly in January and there has been an encouraging trend in terms of repayment as customers are willing to repay but with a time lag.
Non-banking finance company Ujjivan Financial Services' quarterly earnings may see slowdown post demonetisation. Even political uncertainty & provisions thereof could dent earnings growth.
Net Interest Income is expected to increase by 2.5 percent Q-o-Q (up 47.1 percent Y-o-Y) to Rs 206.27 crore, according to Centrum.
In an interview with CNBC-TV18, Sudha Suresh, CFO of Ujjivan said that the company is assured of steady loan growth in coming quarters and keeps the FY17 loan growth target at 35-40 percent.
Speaking to CNBC-TV18 after Yes Bank reported its quarterly earnings, MD and CEO Rana Kapoor says sectors like agri, renewable energy and small and medium enterprises (SME) are witnessing good credit growth.
CNBC-TV18 Sachin Shah, Fund Manager, Emkay Investment Managers, said VRL Logistics' poor numbers were a result of the slowdown in railways freight volumes and road transport. He also said Ujjivan, which had stellar results, is backed by a great management.
Samit Ghosh, MD and CEO of the firm, said that he expects normal growth in FY17 and a 30-35 percent growth in asset under management (AUM).
Digant Haria of Antique Stock Broking says company will see a strong growth of 45-50 percent in FY17, but growth will taper off in FY18-19, he said.