India’s Leading BFSI & FinTech Companies 2024

[ BRANDED CONTENT ] India’s Leading BFSI and FinTech Companies 2024 56 COMPANY’S PERFORMANCE • The Company regi stered a growth of 73% in disbursements, with disbursals of ` 21,652 Crore as against ` 12,533 Crore during the previous year. The Company ended the year with Assets Under Management (AUM) of ` 20,602 Crore as against ` 13,911 Crore as of the end of the previous year, registering a growth of 48%. AUM of the Company is well diversified with various portfolios and % of total loans as of 31 st March 2023 are as follows: o Retail Finance business: Two- Wheeler Loans (27%) and Used Car Loans (9%) o Commercial Financebusiness: Tractor Loans (30%), Used Commercial Vehicle Loans (11%) and Business Loans (3%) o Consumer Finance business: Consumer Durable Loans (6%) and Personal Loans (14%) • Total income during the financial year 2022-23 increased to ` 4,160 Crore from ` 2,755 Crore, an increase of 51%over the previous year. • The prof i t be fore t ax and exceptional items for the year stood at ` 511 Crore as against ` 156 Crore during the previous year, a growth of 227%. Ashish Sapra CEO TVS Credit Services Limited Jayalakshmi Estates, 29, Haddows Road, Nungambakkam, Chennai – 600006 www.tvscredit.com TVS Credit Services Limited is one of India’s leading and diversified Non-Banking Financial Company registered with the RBI. With over 40,000 touchpoints across India, the Company aims to empower Indians to dream bigger and fulfil their aspirations. Being the number one financier for TVS Motor Company Limited and one of the leading tractor financiers, TVS Credit has also been expanding significantly in Used Car Loans, Consumer Durable Loans, Used Commercial Vehicle Loans and Unsecured Loans segment. Powered by robust new-age technologies and data analytics, the Company has served over 1.3 Crore happy customers. MANAGEMENT DETAILS Chairman Mr. Sudarshan Venu CEO Mr. Ashish Sapra Directors: Mr. Venu Srinivasan, Mr. Sudarshan Venu, Mr. K. N. Radhakrishnan, Mr. B. Sriram, Mr. R Gopalan and Ms. Kalpana Unadkat FINANCIALS (IN CRORE) Assets Under Management Total Income Profit Before Tax & Exceptional Items ` 20,602 ` 4,160 ` 511 (As per Annual Report FY23) PRODUCT PORTFOLIO Dun & Bradstreet