The estimates are from JM Financial and Anand Rathi Share and Inventory Brokers.
Sure Financial institution will announce its earnings on Saturday, April 19, 2025, together with heavyweights HDFC Bank and ICICI Bank.
Here is what they advocate:
JM Monetary’s Estimates
JM Monetary expects Sure Financial institution to report a PAT of Rs 6,081 crore, reflecting a powerful 34.6% YoY development. Nevertheless, this can be marginally down sequentially at 0.7%, suggesting stress on the underside line regardless of yearly positive aspects.
Sure Financial institution’s NII is projected at Rs 2,209 crore, displaying a modest enhance of two.6% YoY, however slipping 0.6% on a QoQ foundation. In the meantime, Internet Curiosity Margins or NIMs are anticipated to stay below stress at 2.1%, decrease than the two.2% reported in Q4FY24, and flat in comparison with 2.1% in Q3FY25.The Pre-Provision Working Revenue (PPOP) is forecasted to be Rs 1,040 crore, which may very well be a 15.2% YoY development, however a decline of three.6% QoQ.By way of enterprise development, loans are anticipated to develop by 8.2% YoY and 0.7% QoQ to succeed in Rs 2,465 crore. As for the deposits, a hike of 6.8% YoY and a pair of.6% QoQ might come amounting to Rs 2,845 crore.
The lender is anticipated to report softness in its credit score prices for the quarter below evaluate at 0.4% compared to 0.8% in Q4FY24 and flat in opposition to 0.4% in Q3FY25.
JM Monetary maintains a ‘Promote’ ranking on Sure Financial institution as issues round margin compression, restricted mortgage development momentum, and valuation issues stay.
Additionally Learn: HDFC Bank Q4 results: PAT may jump up to 7% YoY, NII to likely rise by up to 9%
Anand Rathi’s Estimates
Anand Rathi tasks a a lot stronger earnings momentum for Sure Financial institution, forecasting PAT growth of 44.3% YoY to Rs 652 crore. On a sequential foundation, earnings are seen rising by 6.5%.
The brokerage has pegged NII at Rs 2,265 crore, which may very well be a development of 5.2% YoY and an increase of 1.9% QoQ.
Additional, PPOP is anticipated at Rs 1,113 crore, with strong 23.3% YoY and three.1% QoQ development, suggesting wholesome working efficiency and higher effectivity metrics.
Additionally Learn: ICICI Bank Q4 preview: PAT may jump up to 15% YoY on robust loan growth; NII growth seen at 7-11%
(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t signify the views of Financial Occasions)
