Dun & Bradstreet India’s Leading BFSI Companies 2017

The number of NBFCs registered with the RBI continues to decline - The total number of NBFCs registered with RBI is witnessing marginal decline ~3% over the years. As of March 31, 2016, there were 11,682 NBFCs whereas in Mar 2015 the count was 11,842 as compared to that in Mar 2014 number of NBFCs was 12,029. The decline in the numbers is the result of consolidation in the sector and largely because of cancellation of Certificates of Registration (CoR). As on Jan 01, 2017 there were 2,903 list of NBFCs cancelled with RBI. Of the 11,682 NBFCs, 202 are deposit accepting in nature (NBFC-D) and 11,480 are non-deposit accepting NBFCs (NBFCs –ND). There are 220 systematically important non deposit accepting NBFCs (NBFCs-ND-SI).

Category

As on Sep 31, 2016

As on March 31, 2016

As on March 31, 2015

As on March 31, 2014

NBFCs

11,555

11,682

11,842

12,029

NBFCs-D NBFCs-ND

188

202

220

241

11,367

11,480

11,622

11,788

NBFCs-ND-SI

220

220

200

NA

Ownership pattern of NBFCs (No. of Companies) NBFCs are broadly classified under categories based on their liability structure – deposit taking (NBFC-D), Non-deposit taking (NBFC-ND) and systematically important non-deposit taking (NBFC-ND-SI) which are subjected to stringent norms and provisioning requirements. Following is the ownership pattern of NBFC-D and NBFC-ND-SI

2015 NBFCs-D

2016 NBFCs-D

2015 NBFCs-ND-SI

2016 NBFCs-ND-SI

Ownership

Government Companies

7

5

10

16

Non-Government Companies Public limited Companies Private Limited Companies

211 209

194 188

190 105

193 105

2

6

85

88

Total No. of Companies

220

199

200

209

Financial Performance of the NBFC sector The financial performance of the NBFC sector has remained largely unchanged for past two years. The aggregate balance sheet of the sector is expanded by 15.5 % in FY16 on a y-o-y basis as compared to that of 15.7 % in March 2015. NBFCs as a sector managed to maintain its borrowings levels, as the total borrowings increased by 15.3% in FY16 as compared to that of 16.9% in FY15. Whereas, loans and advances increased by 16.6% in FY16 from growth of 17.1% in FY15. Net profit as a percentage to total income displayed similar performance at 18.3% for FY16 as well as FY15. Return on Assets (RoA) also showed similar performance of 2.2% for both FY15 and FY16. Return on Equity (RoE) increased marginally to 10.6% in FY16 from 10.3% in FY15.

Consolidated Balance Sheet of NBFC sector (YoY growth in %) Particulars Mar 31, 2015 Mar 31, 2016 Total Borrowings 16.9 15.3 Current Liabilities & provisions 4.1 31.8 Loans & Advances 17.1 16.6 Investments 11.5 10.8 Total Income 15.3 15.8 Total Expenditure 15.5 15.8 Net Profit 15.0 15.6

Balance sheet performance of NBFCs-D NBFCs-D regulations are tightened so as to allow only sound and well-functioning companies accept public deposits. The balance sheet expanded by 29.2 % in FY16. Loans & advances, which account for 90% of the asset side registered significant growth of 33.1% increased to 2,117 bn from 1,590 bn in FY15. Investment activities also rose by 24% from 69 bn to 85 bn

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