Cholamandalam Investment and Finance Company Limited CC-Sep23.pdf · 2023-11-03
Sir, if you can give some ballpark indication what would be ROTA for the new businesses? And if someone, like if we assume that like ROTA as you have said earlier that the ROTA for the new business is higher than the Company level ROTA, then if I see pre -COVID also, pre- COVID we are making around between 3.1% to 3.5%, 3.6% ROTA. So, now if we see after like new businesses have now around 11% of our AUM still lower, but we have achieved some bit of diversification, but our ROTA has not improved much, and going forward like one can expect only credit cost to move up from here as the book matures. So, I wanted to know your perspective like whether the structural ROTA improves as we grow our new businesses, or it will be remain in the similar line?
And any ballpark like indication that you can give on the new business ROTA?