IIFL Finance Limited CC-Nov25.pdf · 2025-10-31
Yes. Hi, thanks for taking my question. I joined the call bit late, so in case any question is a repetition, feel free to refer me to the transcript, I will go through it. But just wanted to ask two questions. One is, with regard to the capital and the standalone entity, so I think that stable Q-o- Q, but if I see the growth, in the standalone book that is about Rs. 7,000 crores or about 20% from, on a Q-o-Q basis, I understand some of it is coming from assignment, but even otherwise there should have been some change in the capital adequacy. So, just wanted to understand the math there a little bit? That is the first question. And the second question is on the asset quality on the micro-LAP side. So, any particular reason why there has been such a sharp increase over the last 2 quarters because now the other players have reported in this segment such a big change, so just want to understand if there is any specific issues which is causing this and also want to understand where this micro-LAP book fits within the 3 entities with IIFL Finance, IIFL Home Finance and IIFL Samasta. And also given that you are discontinuing this segment and the digital loan segment, could that lead to sort of further asset quality issues given that you are moving away from segment so the book will keep coming down so at least from NPA standpoint, it may not come down quite a bit in this segment?
Yes, that answers my question , but does that mean that going forward also we will see this number remaining high for maybe a few quarters because if I look at your Stage-II in the MSME secured segment that is another 11% and 1 to 30 is also another 6%?