Aditya Birla Capital
Going ahead, with presence in high growth businesses aided by a pan-India presence and healthy financials, the company is expected to perform well on consolidated basis.
With increasing focus on retail & SME segments, loan book is expected to continue growing at a pace of +25 percent. Aditya Birla Sun Life AMC (mutual fund business) gained market share (at 10.75 percent) to become the 3rd largest AMC in India with AAUM of Rs 2.68 lakh crore, up 27 percent YoY.
Aditya Birla Sun Life Insurance (ABSLI), to improve growth going ahead, has tied-up with several bancassurance partners such as HDFC Bank, DBS, Lakshmi Vilas Bank, DB, DCB and KVB.
Risk factors:
1) Highly competitive market in the lending business with the presence of several banks and NBFCs may offer stiff competition as well as margin pressure,
2) The dynamic nature of AMC business may affect consolidated numbers adversely in case of a market downturn,
3) Any large slippages in any of the lending businesses may affect overall profitability of the company.
Happy investing
Source:Moneycontrol.com
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