Such customers generally may have higher risk of non payment or default due to a number of reasons,” said the company. “As of September 30, 2021, we had 25.09% of customers, who were new to the lending ecosystem. “The effects of the Covid-19 pandemic on our future results of operations, cash flows and financial condition could adversely impact our ability to service our debt obligations and comply with the covenants in our credit facilities and other financing agreements and could result in events of default and the acceleration of indebtedness, which could adversely affect our results of operations and financial condition and our ability to make additional borrowings,” said the company in its draft red herring prospectus.īesides, a substantial portion of its customers are first time borrowers which increases risks of non-payment or default for the NBFC. Our products are specifically formulated to provide optimal nutrient sequencing and micro life stimulation, so plants can grow to maximum their genetic. All products meet high quality standards and contains multiple active ingredients. Aptus Plant Tech provides high concentrated, 100 organic nutrients. While the pandemic seems to have ended, it impacted the NBFC by reducing disbursements from ₹2,408 crore in FY20 to ₹1,245 crore in FY21. APTUS invested a lot of time and money in developing alternative nutrition programs, for all kind of crops, based on soil bioremediation, plant stimulation and proper nutrition. Aptus is here to help you lift your grow game to. The NBFC’s total income grew 19.5% from a year earlier to ₹1,254 crore in FY22, while its net profit grew 26.5% to ₹453 crore. At APTUS PLANT TECH we provide education and solutions to our growers, rather than just selling products. The company plans to deepen its presence in existing geographies through increasing the number of field officers and setting up new branches. Plus the valuations are expensive.Tamil Nadu, Karnataka, Andhra Pradesh and Telangana account for 85% of its overall portfolio. Of course, that has come down post Covid. The GNPLs have spiked from 1-1.5% to 6.5% in FY22. But it all has come at the cost of bad assets. When we look at the financials of Fusion Microfinance, we see that they have grown very well, their AUM has tripled, revenue has doubled and the net profit growth is very good. Their products have become very popular due to being very effective and easy to use, allowing your plant to grow to its maximum potential without using harsh chemicals, so read along if you want to know a bit more about Aptus, the benefits, and the. You should be able to track the changes in Aptus Enhanced individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators. Aptus Plant tech aka Aptus is a Dutch company with over 10 years of experience in organic and hybrid (mineral and organic) nutrients and plant boosters, designed to provide the best plant growth and microorganism stimulation. The financials show they have grown very well but whenever we talk about lenders, it is not just about lending, it is about taking the money back as well. With this module, you can analyze Aptus financials for your investing period. They are coming up with a two times price to book value. All 425 Growing 155 Harvested 270 Autoflowering 184 Photoperiod 212 Indoor 384 Outdoor 30 Soil 146. The valuations seem to be on the expensive side. Aptus grow journals: setup, feeding schemes, product reviews. In the midst of all that, this NBFC company is coming up. If you really look at the commentary that is coming in from the lenders, even a very conservative lender like Kotak or HDFC is growing 20-25-30% some of them have doubled their loan books, some of them are guiding for tripling of loan books. During the five, five and a half years, a lot of cleanup happened in the financial sector, a lot of companies went out and all the balance sheets got cleaned up.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |