{"id":132986,"date":"2022-08-11T07:51:37","date_gmt":"2022-08-11T11:51:37","guid":{"rendered":"https:\/\/44.250.171.167\/?p=132986"},"modified":"2022-10-06T04:48:25","modified_gmt":"2022-10-06T08:48:25","slug":"indiabulls-housing-finance-ltd-q1-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indiabulls-housing-finance-ltd-q1-fy23-earnings-conference-call-insights\/","title":{"rendered":"Indiabulls Housing Finance Ltd Q1 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Indiabulls Housing Finance Ltd Q1 FY23 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/_33ZHWOvHbU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Indiabulls Housing Finance Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/IBULHSGFIN\/\">IBULHSGFIN<\/a>) Q1 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>IBULHSGFIN said it expects its overall gross NPAs to remain in the range of 3-3.5% for some time and as AUMs start to grow, the company expects stability in its gross and net NPAs.<\/li>\n<\/ul>\n<ul>\n<li>For FY23, the company expects credit costs to remain at between 100-150 bp and from FY24 onwards credit costs are expected to reduce substantially from these levels.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Hari asked about the size of the legacy loan book that was expected to reduce by further 20% by calendar. Gagan Banga CEO answered that it\u2019s roughly $2 billion.<\/li>\n<\/ul>\n<ul>\n<li>Hari asked if the company is fully hedged and is not exposed to FX rate. Gagan Banga CEO replied that the company is fully hedged. Also, there is no risk that the company carries irrespective of the movement of the rupee and this principle the company will continue to follow.<\/li>\n<\/ul>\n<ul>\n<li>Analyst asked about the plans regarding a potential equity raise or funding via convertible debt. Gagan Banga CEO said that currently, the company chose to defer it and there is no immediate plan. Given the current capital adequacy at 35%, IBULHSGFIN feels equity or convertible is not the way to proceed.<\/li>\n<\/ul>\n<ul>\n<li>Shabad Thadani from Arkkan Capital enquired about the 20% reduction in wholesale book, how much of this is expected to be driven by repayments from the borrowers or others. Gagan Banga CEO replied that all of this will be through actual repayment. There is no transaction structured or any other being factored in.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Indiabulls Housing Finance Ltd (IBULHSGFIN) Q1 FY23 Earnings Concall Management Update: IBULHSGFIN said it expects its overall gross NPAs to remain in the range of 3-3.5% for some time and as AUMs start to grow, the company expects stability in its gross and net NPAs. For FY23, the company expects credit costs [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"Indiabulls Housing Finance Ltd Q1 FY23 Earnings Conference Call Insights #IBULHSGFIN #Q1 #FY23","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,1],"tags":[1792],"class_list":["post-132986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-finance-stocks","tag-financial-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":129970,"url":"https:\/\/alphastreet.com\/india\/indiabulls-housing-finance-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":132986,"position":0},"title":"Indiabulls Housing Finance Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 24, 2022","format":false,"excerpt":"https:\/\/youtu.be\/7L73vvsI86c Key highlights from Indiabulls Housing Finance Ltd (IBULHSGFIN) Q4 FY22 Earnings Concall Q&A Highlights: Kang Zheng of Tahan Capital Management asked if the company has seen any impact on rate of disbursement due to the HDFC Bank merger. Gagan Banga, MD said the merger is a large opportunity, especially\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":154660,"url":"https:\/\/alphastreet.com\/india\/indiabulls-housing-finance-seizing-opportunities-in-indias-thriving-housing-market\/","url_meta":{"origin":132986,"position":1},"title":"Indiabulls Housing Finance: Seizing Opportunities in India&#8217;s Thriving Housing Market","author":"Divyansh_Kasana","date":"September 18, 2023","format":false,"excerpt":"Stock Data: TickerNSE: IBULHSGFINExchangeNSEIndustryNBFC Price Performance: Last 5 Days+1.87 %YTD+26.75 %Last 12 Months+56.86%As on 18-09-2023 Company Description: Indiabulls Housing Finance Limited is a prominent financial institution in India, specializing in housing finance and mortgage solutions. With a steadfast commitment to providing accessible and affordable housing finance to individuals and businesses,\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-2-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-2-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-2-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-2-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-2-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-2-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141760,"url":"https:\/\/alphastreet.com\/india\/indiabulls-housing-finance-l-ibulhsgfin-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":132986,"position":2},"title":"INDIABULLS HOUSING FINANCE L (IBULHSGFIN) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"February 15, 2023","format":false,"excerpt":"INDIABULLS HOUSING FINANCE L (NSE:IBULHSGFIN) Q3 FY23 Earnings Concall dated Feb. 14, 2023. Corporate Participants: Gagan Banga\u00a0--\u00a0Vice Chairman, Managing Director Analysts: Craig Elliot\u00a0--\u00a0NWI Management -- Analyst Gautam Prasad\u00a0--\u00a0Deutsche Bank -- Analyst Vikram Damani\u00a0--\u00a0Damani Securities -- Analyst Saurabh Sharma\u00a0--\u00a0ASK Capital -- Analyst Rahul Barry\u00a0--\u00a0-- Analyst Presentation: Operator Ladies and gentlemen, good\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":122477,"url":"https:\/\/alphastreet.com\/india\/indiabulls-housing-finance-ltd-ibulhsgfin-q3-fy21-earnings-concall-transcript\/","url_meta":{"origin":132986,"position":3},"title":"Indiabulls Housing Finance Ltd (IBULHSGFIN) Q3 FY21 Earnings Concall Transcript","author":"Sahil Anand","date":"February 12, 2021","format":false,"excerpt":"Indiabulls Housing Finance Ltd (NSE:IBULHSGFIN) Q3 FY21 earnings Concall dated Feb. 12, 2021. Corporate Participants: Gagan Banga -- Vice-Chairman, Managing Director Ramnath Shenoy -- Head, Analytics & Investor Relations Analysts: Kang Zheng -- Tahan Capital Management -- Analyst Hariharan -- NWI Management -- Analyst Abhiram Iyer -- Deutsche CIB Center\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"stock earnings conference call transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":147809,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-indiabulls-housing-finance-limited-for-q4-fy23\/","url_meta":{"origin":132986,"position":4},"title":"Earnings Summary Of Indiabulls Housing Finance Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 31, 2023","format":false,"excerpt":"Indiabulls Housing Finance Limited (IBHFL) is one of the leading non-banking financial companies (NBFCs) in India, primarily engaged in the business of housing finance. Established in 2000, IBHFL has played a significant role in providing affordable housing finance solutions to individuals and families across the country. IBHFL's core business revolves\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-16-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-16-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-16-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-16-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-16-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-16-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":133827,"url":"https:\/\/alphastreet.com\/india\/pnb-housing-finance-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":132986,"position":5},"title":"PNB Housing Finance Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"July 29, 2022","format":false,"excerpt":"https:\/\/youtu.be\/qHid-8-eoVw Key highlights from PNB Housing Finance Ltd (PNBHOUSING) Q1 FY23 Earnings Concall Q&A Highlights: [00:15:24] Anand Mundra of Soar Wealth Managers asked about the retail growth QonQ, while the disbursements not growing in Q123 vs. Q422. Hardayal Prasad MD answered that the growth has come in retail. In 4Q22\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/132986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=132986"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/132986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=132986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=132986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=132986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}