3 South-based NBFCs grew profits 21.7%-59.8%. But are the stocks still attractive?
- Posted on August 29, 2026
- By Financial Express
- 0 Views
- 1 min read
In brief
Generating AI summary…
3 South-based NBFCs grew profits 21.7%-59.8%. But are the stocks still attractive?
Three south-based NBFCs have shown strong growth in operational parameters in the June 2026 quarter – double-digit loan growth in high margin loans like commercial vehicle, SME and gold loans. Also, NBFCs don’t have priority sector lending targets. As a result, net interest margins (NIMs) of NBFCs are impressive. However, these 3 NBFCs trade at a valuation between 3.1 times to 5.2 times price to (standalone) book value.
