Satin Financial Review and Growth Strategy
Diversification with allied product offerings
TAROOSHNA
T
CARVING
YOUR
FUTURE
Satin™
Housing
Finance Ltd.
THE ANSWER IS HOME
SFL
Satin Finserv Limited
SATIN
Taraashna Financial Services Ltd - TFSL
Satin Housing Finance Ltd (SHFL)
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100% retail book comprising of:
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The
Acting as a business correspondent, TFSL provides
credit to clients in rural and semi-urban areas on
behalf of partner banks and NBFCs
cashless disbursement percentage has
reached almost 98% of TFSL's total disbursement
for Sep 20, 2% collection through cashless mode
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Affordable home loans - 85%
Satin Finserv Limited (SFL)
Incorporated in Aug'18, got license from RBI to
start business in Jan'19
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Loan against property - 15%
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Standalone credit rating of CARE BBB- (Stable)
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Excellent portfolio quality since inception,
Collection Efficiency of >99% during September
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Gross Loan Portfolio of Rs. 120 crore in Q2FY21
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TFSL has a low risk business model which is highly
capital efficient
Mainly caters to customers belonging to Middle
and Low-Income Groups in peripherals of Tier II
and below cities
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CRAR for Q2FY21 is 90.53%
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Total equity stands at Rs. 102.5 crore
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CRAR of 110.09% and gearing of 1.48. Total equity
stands at Rs. 80 crore
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AUM stood at Rs. 639 crore, with presence across
7 states
Business focus on secured retail MSME lending,
wholesale lending to small NBFC MFI and others
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The Company operates through 201 branches, has
more than 3.5 lakh active loan clients
AUM Rs. 164 crore with DA of Rs. 5 crore,
presence across 4 states with 1,637 customers
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15 Branches across 8 states with 1,205 active loan
clients
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Standalone rating of BBB from CARE
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SFL has moved to in-house software
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9 active lenders including NHB refinance
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