So I just -- I was looking at the opex to AUM, and it has increased sequentially. So I just wanted to know like the branch count has grown by only around 4 branches. So what has led to this growth? Have we added on new employees here?
Sure. And what is the employee count as of March '26?
I just wanted to the 1 plus DPD number for the quarter and our plans to expand into other geographies and the branch expansion? Just give some details on there.
So I have a couple of questions. So the first question is on the NIM. So in the opening question we mentioned that the NIM would converge with the spread. So the ROA that looks higher this quarter, it's largely because of accounting and that will sort of move over next quarter or like how do we look at the NIM going forward? And the second question is on the SR as mentioned in one of the footnotes in our financial statement. So what is the fair value gain that we have booked on sale of these SR?
Most of my questions have been answered. I just had one question on the disclosures that were given. So, affordable, prime and emerging, have we changed any classification there? Because I see that the Q3 FY 25 numbers are different from the ones that were reported earlier. So, I just wanted to know if there is any classification change there. Thank you.
Okay. Thank you.
The first question was on the yields. I just wanted to know why the yields have increased Y -o-Y? What was the recovery number this quarter? And the second question was on the competition. So we have seen some tonnage decrease Q-o-Q and the active customers have also reduced. So I just wanted to know how the competition is panning out?
Yes. Sorry. And the second question was the recovery amount?
So I had 2 questions. One, I wanted the option number for the quarter, the gold option number. And the second was what is the incremental yield on the gold loan?
Correct. And this 4.25%, 4.5% stand-alone ROE, I mean, what time line did we give for that?
Thanks for the opportunity. So my first question was, what is the gold auction figure for the second quarter?
Okay. And the second question is, are we looking at simplifying the corporate structure that we have? Because I see that there is a cost of funds difference between the Asirvad entity and the holding company, Manappuram Finance. So there's a cost of funds difference and there's also one notch rating difference there. So are we looking at simplifying the corporate structure going ahead? Because there's also overlap of products here.
So I had a couple of questions. So the first one is on, do we target any AUM mix for our gold loan business and because the mix of gold loan has gone up by 200 basis. And I just wanted to know, is that leading to the operating efficiency that we are seeing in our opex to AUM?
So I had two questions. So the first one was on the strong fee income growth that we've seen on the book. So if you could just throw some clarity on why that has happened. And then the second is that the branch count has reduced Q-o-Q. So will this impact growth going forward or how are we looking at that? Thanks.
Thank you. Just a follow up question, if you could give clarity on the ARC transaction as well, if you can tell what book have we sold off to the ARCs? And do we see any incremental sell off happening to ARCs in the coming quarters?
Yes, thanks for the opportunity. Just one clarification that I wanted. In the product mix, you have mentioned something on the lines of relationship PL. So, I just want a clarification on what product that is, and the second is on adoption of technology. So, if we look at some of the other peers in the sector, they have adopted technology for underwriting or for sourcing. So, I just wanted to know what HDB is doing on that front?
Sure. Yes. Thank you. Thank you.
Hi, thanks for the opportunity. I just wanted to know if the segmental, if we have the segmental disbursement numbers and the total disbursement number for this quarter?
Okay. Thank you.
So, my question was what is the incremental yield that you are seeing in the business? What is the incremental yield for the disbursements?
Thanks for the opportunity. So my question is on the subsidiary. I just wanted to have a sense of whether the employee rationalization is complete at the housing subsidiary and if also you could throw some light on the ARC transaction there?
Got it. And a follow up on the other subsidiary, the ideal finance subsidiary. So I just wanted to know what was the long term strategic vision of entering into Sri Lanka and what's the split there between gold loan and vehicle finance?
I had a question on the percentage of portfolio that's under CGFMU and if there is any?
Okay. Also, another follow-up question. Is there any stress in the tariff impacted regions or in the Bihar state due to the elections?
My question was largely answered. I just wanted the guidance for the ROA, ROE given that right now the CRAR is quite high and there is a lot of liquidity on the balance sheet.
Yes. So, my question is on the yields and the disbursement growth. So, if you could just spell out the incremental yield on the HL and LAP portfolio, and the disbursement growth as well for the HL and LAP portfolio for this quarter.
Yes. And for the LAP part?
Yes. So, my question is on the yields and the disbursement growth. So, if you could just spell out the incremental yield on the HL and LAP portfolio, and the disbursement growth as well for the HL and LAP portfolio for this quarter.
Yes. And for the LAP part?