Almost all the successful theories are related to Poor Charlie's Almanack. This book really deserves a book summary and I think currently no one better than you can do it successfully, leave alone doing it satisfactorily by anyone else...
Very informative with detailed analysis.Likewise,I request you bring out a video on Private/Public sector banks' Provisioning on NPAs and likely NPAs too as it varies from bank to bank
@@thebeautifulanimal Be nice, Be respectful. The only person coming as crass across this exchange is yourself. Besides spelling correctly cannot be construed as a sign of smartness. Cheers, mate.
Thanks for a detailed analysis again 😊 My top 3 key learning’s: 1. Management should be robust as that’s the prime key to success 2. Face your problems rather than hiding it. In short term it may hit you but there is a better tomorrow. 3. Be conservative in risk appetite. Calculative risk is better than being over ambitious
Top 3 learnings: 1. Assessment of Management quality - Aggressive loan provisioning in uncertainty. 2. Lending quality assessment/Collection efficiency - Evergreening of loans. 3. Risk of Geographical concentration - Influence of state govt laws. (Possibility of favorable optionality in future). Another great video. 👍🏻😊
Management conservativeness 1) small ticket size 2) low geographical concentrations 3) Low disbursement during crisis to maintain liquidity on balance sheet, once the crisis normalises that liquidity is used for further growth hence ROE will increase 4) strict underwriting 5) Best collection efficiency standards and avoiding top up loans for evergreening or increasing new loan disbursements to show improved collection efficiency
3 Key Learnings: 1. Microfinance is a tough business but if it's managed by Good & Conservative People than it's good business to consider investing into. 2. Top Up loan = Evergreen loan, is not a good idea 3. Learned new Anti thesis pointer: Political interference on wave off loan.
Hey Sir, I have a question… 1. Wouldn’t these MFI be obsolete with time as more urbanisation takes place… bigger banks come into the picture. 2. The 2W loan disbursement business for Arman is not that good… causing more liabilities. 3. Have you got this bank in your portfolio? Thank you for this great video…
Top 3 Learning .... Management Management Management ... Be it in our personal Life (Don't run from your Problems but Face them) and Business (Short Tem Loss for Long Term Uptick) 🙏
Three Learnings - MANAGEMENT , MANAGEMENT AND MANAGEMENT FOR BANKING. Got idea for ICICI and now confirmed by watching this video of Arman Financial... Hats off... Case studies of Bandhan Bank, Ujjivan and Indus Ind were Cherry on the cake..
Amazing session as always 💯 -Learned about importance of Conservative management in Banking. -Learned about Micro Finance Industry. -ROA Tree again💯 Eagerly wait every weekend for your session. Thanks a lot.
Hi Aniket. 😃 Thank you for watching our video. We're glad to know that our content was insightful for you. We hope to continue adding value to your knowledge and investing journey. 🙏💯
Most of microfinance companies suffered a lot in Covid time due to stoppage of money from borrowers & many cos disappeared. Here Gold microfinance survive. Here more banks with less bankers make sense. Few like Arman & Bajaj Finance with maximum provisions can do a killing in future. Superb analysis of a difficult subject. Hats Off. Adding lots of value.
Thanks A Million Dude.. I Was Tracking Arman Financial Services And Black Rose Industry Even Before Covid Pandemic.. But Now Got Real Way To Analyse n Get Conviction.. ❤️🙏
My 3 learnings 1. Evaluating bank management i.e how well do they manage Risk 2. How well management identifies issues early and not paper over cracks for presenting better results 3. Nitty gritty of how MFI NBFCs run
Key learning s 1.Capping of interest rate in microfinance Nbfc 2.For out perform in finance there must be no churn in management 3.And in banking and human life you must face the problems 4.IN BANKING is all about of Management management Management Jai Hind 🙏
Wow!! What a knowledge repository of MFCs! Thanks so much 👏 Hope, these videos never go away from TH-cam 😅 Would definitely watch this video multiple times in my investing journey! Top 3 learnings: 1. What are the key observations to be made in MFCs during crisis situations 2. How to identify conservativeness of management 3. Valuations probability
Brilliant explanation. I haven’t seen any other channel doing a better quality education videos for retail investors. Loved the approach and enjoyed learning sectoral nuances. Great job team.
Brilliant video on MFI industry as a whole. Top learning : Success of financial institutions depend on 3 things - Management, Management and Management...
The best Part about TH-cam Subscribed video channel is that I had subscribed SOIC ❤️🎁🍯. Best in all Terms.keep doing such a knowledgeable work sir and his Team..
Thank you, Mr. Amuthan. 😃🙏 We appreciate your feedback. We''re glad to know our content is relevant and adds value to your knowledge and investing journey. 💯 Hope to continue to do so.
Love it! This video touched very basic of financial sector. It is very helpful to people like me who had very little knowledge on financial sector, I’ve been avoiding financial sector stock because I wasn’t able to understand but your video provided good fundamentals. Keep up the good work, hope will see more such videos!
Long Term इन्वेस्टमेंट के लिए मुझे 3 चीजे सीखनी है Video बनाये 1. Fundamental data को read कैसे करे & उसमे जो term use होती है उसका क्या मतलब होता है & ये कैसे effect करती है Like- EBITDA, PE, PB, PEG, EPS, DPS, CAGR, Yield etc. मुझे सभी term deeply सीखनी है fundamental की 2. Quarterly Results किसी भी कंपनी का PDF मे कहा मिलेगा 3. किसी भी कंपनी का valuation कैसे निकाले?? Share price कंपनी के valuation से अभी महंगा है या सस्ता ?? किसी भी 1 company ke result pr apply krke बताओ 🙏🙏🙏🙏
Thanks for explaining micro finance industry Mohit sir. It's helpful for everyone to understand this critical industry. Waiting for more videos SOIC TEAM
The problem that I see with Armaan Financial is that it lends money at 30%+. This directly tells the type of clientele it has and also the type of debt trap it is laying out for its customers. Customers paying 30% interest rate are bound to fall in debt trap. A good financial institution is the one that delivers value to customers by reducing cost, strong risk mitigation practices, better under-writing quality, and not by charging fortune to the customers. I see high NIMs for a bank, it makes me nervous about the quality of borrowers.
Thank you sir apka samzane ka tarika bahut achha he , mai sher market me ake 3-4 month huva he apke study se muze or knowledge milta he ,or mai apko regular follow karti hu
i might be not able to agree on that , bandhan is macro one , and its an micro one , huge difference and potentially both grow diversified in their own pace
Sir please make a detailed video on Textile shares . As Backed by the 'China Plus One' sentiment globally, India's textile exports is expected to grow by 81 per cent to $65 billion by 2026
The problem here is will india be the one or will Bangladesh, Vietnam will take this china + one Just see your wardrobe and see made in Bangladesh and Vietnam clothes everywhere. I am just saying as I was also interested after reading the pli and when dig deep in textile Bangladesh is way more aggressive and also have a proven track record in this sector. Will it grow in india yes but will india be a most dominant player then answer might be uncertain it is not like chemical industry where only scaling was needed as we were already in top 3 list. Just a grey point I would mention.
Hello, nice video. You were talking about micro finance loans in urban areas having more asset quality problems v/s the rural ones, was wondering why. Thank you have a great day 😀
Top three learnings 1. Management is conservative ,in banking this is most important part . 2. Small tickets size loans. 3. Not concentration to any one region , in loans also , they are diversified in location and region . Jai hind 🙏
Excellent video. Thank u Ishmohit Sir....Thanks foe enhancing knowledge.... 3 learnings are .... Management is important (Banker), Technical terminology of bank and about top up loans...!!!
I micro finance we also need to really dig deep into the loan mix according to State. Just see better small finance institutions like equitas , aarman and even au. All have been more active in 2-3 region that is gujrat, rajasthan, Madhya Pradesh and Tamil Nadu. They have been one that are more favourable to see capitalists system and see a gowth of goverment not forcing to interview the micro finance institutions that much and people are also more wealthy and less communist in this part. This is a trend that many failed or some ifs and buts microfinance are able to observed. We also see the farming and other activities be not impacted much in these areas. So if people are on most part have constant income this make even down turn to be much much less worse. Just think a flood prone area like west bengal and Assam etc will be more likely to see more NPA and problem then a pretty stable farming area like gujart,punjab and haryana region
Thanks Ishmohit ji for a knowledgeable video on how to play nbfc, I'll cut my position on Ujjivan after watching your video , but when you look into Arman finance ratios you see that the promoter holding is very less, it's a red flag for me , can you help me guide how to look at it.
Thank you so much ishmohit :-) This channel is very unique and I'm really lucky that people like you exists to simplify business analysis for us. Keep on producing the quality content as usual :-)
Thanks for this video Sir.. what's the average cost of borrowing for Arman.. I liked ur golden words in video..apne problems se bhaho mat unko face karo.
I heard you say before that you don't invest in Microfinance and RealEstate being cyclical and high-risk businesses, but now I see you are interested in both sectors. Is that because your risk-taking appetite has gone up or you don't find enough opportunities in other sectors.
All based on my learnings as we are evolving. I limit my risk through allocations, as I realize these are cyclical sectors. Arman stands apart clearly though
Hello sir.. Which are your favourite finance/personal finance/banking/share market related books? And which books from above category only would you suggest to beginners ? Thanks in advance
I thought you were making Tarson's today... Anyways one observation i would like to share... I hail from Kolkata.. I believe Tarson's is based out of Kolkata.. From last week i am seeing many billboards of Tarson's in high streets which were not there before
![[TH] 2024 PMSL SEA W1D5 | Fall | เก็บแต้มของจริง คือวันนี้](http://i.ytimg.com/vi/EciIAlCXg5k/mqdefault.jpg)
Almost all the successful theories are related to Poor Charlie's Almanack. This book really deserves a book summary and I think currently no one better than you can do it successfully, leave alone doing it satisfactorily by anyone else...
Very informative with detailed analysis.Likewise,I request you bring out a video on Private/Public sector banks' Provisioning on NPAs and likely NPAs too as it varies from bank to bank
@@thebeautifulanimal Be nice, Be respectful. The only person coming as crass across this exchange is yourself. Besides spelling correctly cannot be construed as a sign of smartness. Cheers, mate.
@@thebeautifulanimal Besides, it isn't Alamnack in the first place, it's Almanack. So besides being wrong you are correcting others too. ROFL.
Thanks for a detailed analysis again 😊
My top 3 key learning’s:
1. Management should be robust as that’s the prime key to success
2. Face your problems rather than hiding it. In short term it may hit you but there is a better tomorrow.
3. Be conservative in risk appetite. Calculative risk is better than being over ambitious
Well said!
@@SOICfinance sir, it would be great if you add english subtitles
Top 3 learnings:
1. Assessment of Management quality - Aggressive loan provisioning in uncertainty.
2. Lending quality assessment/Collection efficiency - Evergreening of loans.
3. Risk of Geographical concentration - Influence of state govt laws. (Possibility of favorable optionality in future).
Another great video. 👍🏻😊
Management conservativeness
1) small ticket size
2) low geographical concentrations
3) Low disbursement during crisis to maintain liquidity on balance sheet, once the crisis normalises that liquidity is used for further growth hence ROE will increase
4) strict underwriting
5) Best collection efficiency standards and avoiding top up loans for evergreening or increasing new loan disbursements to show improved collection efficiency
3 Key Learnings:
1. Microfinance is a tough business but if it's managed by Good & Conservative People than it's good business to consider investing into.
2. Top Up loan = Evergreen loan, is not a good idea
3. Learned new Anti thesis pointer: Political interference on wave off loan.
You try to understand the business model of the companies so well. This channel is a very good help in trying to find new companies to invest.
We're happy that you're learning from our content.😃 Thankyou for watching our videos. We hope to continue adding value to your investing journey. 🤜
Hey Sir,
I have a question…
1. Wouldn’t these MFI be obsolete with time as more urbanisation takes place… bigger banks come into the picture.
2. The 2W loan disbursement business for Arman is not that good… causing more liabilities.
3. Have you got this bank in your portfolio?
Thank you for this great video…
Top 3 Learning .... Management Management Management ... Be it in our personal Life (Don't run from your Problems but Face them) and Business (Short Tem Loss for Long Term Uptick) 🙏
Singh sahab. U r doing a marvellous research.u have changed my entire view about financial companies study.
Thanks for your appreciation... Hope to keep adding value :)
Three Learnings - MANAGEMENT , MANAGEMENT AND MANAGEMENT FOR BANKING. Got idea for ICICI and now confirmed by watching this video of Arman Financial... Hats off...
Case studies of Bandhan Bank, Ujjivan and Indus Ind were Cherry on the cake..
Amazing session as always 💯
-Learned about importance of Conservative management in Banking.
-Learned about Micro Finance Industry.
-ROA Tree again💯
Eagerly wait every weekend for your session. Thanks a lot.
Hi Aniket. 😃 Thank you for watching our video.
We're glad to know that our content was insightful for you. We hope to continue adding value to your knowledge and investing journey. 🙏💯
Most of microfinance companies suffered a lot in Covid time due to stoppage of money from borrowers & many cos disappeared. Here Gold microfinance survive. Here more banks with less bankers make sense. Few like Arman & Bajaj Finance with maximum provisions can do a killing in future. Superb analysis of a difficult subject. Hats Off. Adding lots of value.
Thanks A Million Dude..
I Was Tracking Arman Financial Services And
Black Rose Industry Even Before Covid Pandemic..
But Now Got Real Way To Analyse n Get Conviction..
❤️🙏
My 3 learnings
1. Evaluating bank management i.e how well do they manage Risk
2. How well management identifies issues early and not paper over cracks for presenting better results
3. Nitty gritty of how MFI NBFCs run
Key learning s
1.Capping of interest rate in microfinance Nbfc
2.For out perform in finance there must be no churn in management
3.And in banking and human life you must face the problems
4.IN BANKING is all about of Management management Management
Jai Hind 🙏
Top 3 learning that management is not corrupt , not foolish not agressive
Thanks for sharing your learnings :)
Wow!! What a knowledge repository of MFCs! Thanks so much 👏
Hope, these videos never go away from TH-cam 😅 Would definitely watch this video multiple times in my investing journey!
Top 3 learnings:
1. What are the key observations to be made in MFCs during crisis situations
2. How to identify conservativeness of management
3. Valuations probability
Subtitle addition would be helpful to more users❤️
Hello, will be added by tomorrow for sure :)
Definitely
yesssssssssssssssssssssssssssss
Exactly. Please add subtitle ..I am from Chennai 😊
Yes I too had the same feel. The presentation of this channel are more holistic. Well planned Ishmohit bro. It would be right if fully understood.
THANK YOU VERY MUCH HOLDING THE COMPANY FROM 680 LOT OF NEW THINGS CAME TO KNOWLEDGE. KEEPT IT UP👍
Brilliant explanation. I haven’t seen any other channel doing a better quality education videos for retail investors. Loved the approach and enjoyed learning sectoral nuances. Great job team.
Great to hear!
true . such a wonderful channel.
Blessed to find SOIC channel 🙏
Honest gujarati ho to koi problem nahi hoti .
Bandan efficiency improving qoq but stock price going down, now I got the reason. Thank you soic !
Any time!
What is the reason for Bandhan's fall?
Brilliant video on MFI industry as a whole. Top learning : Success of financial institutions depend on 3 things - Management, Management and Management...
Ish's analysis is superb. One is able to understand the company and related industry as well.
অসাধারণ সত্যিই অসাধারণ। From west bengal
The best Part about TH-cam Subscribed video channel is that I had subscribed SOIC ❤️🎁🍯. Best in all Terms.keep doing such a knowledgeable work sir and his Team..
Satyam - Maytas
Arman - Namra
Please raise a red flag here 🚩
Top rated learning channel for 100% free in YT!!
Every video doesn't just give company analysis, but industry analysis as well as introduction to various mental models.
Thank you, Mr. Amuthan. 😃🙏 We appreciate your feedback. We''re glad to know our content is relevant and adds value to your knowledge and investing journey. 💯 Hope to continue to do so.
Love it! This video touched very basic of financial sector. It is very helpful to people like me who had very little knowledge on financial sector, I’ve been avoiding financial sector stock because I wasn’t able to understand but your video provided good fundamentals. Keep up the good work, hope will see more such videos!
Ashirwad microfinance is best MFI o country, presently housed under Mannapuram finance..
Thanks Team SOIC for such an elaborative and yet simple to understand presentation. 👏 my best wishes Ishmohit
Long Term इन्वेस्टमेंट के लिए मुझे 3 चीजे सीखनी है
Video बनाये
1. Fundamental data को read कैसे करे & उसमे जो term use होती है उसका क्या मतलब होता है & ये कैसे effect करती है
Like- EBITDA, PE, PB, PEG, EPS, DPS, CAGR, Yield etc.
मुझे सभी term deeply सीखनी है fundamental की
2. Quarterly Results किसी भी कंपनी का PDF मे कहा मिलेगा
3. किसी भी कंपनी का valuation कैसे निकाले??
Share price कंपनी के valuation से अभी महंगा है या सस्ता ??
किसी भी 1 company ke result pr apply krke बताओ
🙏🙏🙏🙏
Congrats for your 100th video 💯🔥
A text book on the dynamics of Microfinancing business. Anyone with a position in MFS should revisit the video for mental clarity
Thanks for explaining micro finance industry Mohit sir. It's helpful for everyone to understand this critical industry. Waiting for more videos SOIC TEAM
Amazing value. Understood pretty well this presentation. Thank you
Thanks Raghvendra for your kind words :)
Management of Aptus value housing finance is also conservative.
Same characteristics are having with Aptus management.
Thank you SOIC.. As usual best way to share knowledge.. Wonderful presentation
1) Management 2) Management 3)Management ...3 key takeaways from this video...
The problem that I see with Armaan Financial is that it lends money at 30%+. This directly tells the type of clientele it has and also the type of debt trap it is laying out for its customers. Customers paying 30% interest rate are bound to fall in debt trap. A good financial institution is the one that delivers value to customers by reducing cost, strong risk mitigation practices, better under-writing quality, and not by charging fortune to the customers. I see high NIMs for a bank, it makes me nervous about the quality of borrowers.
24%**
in this Case credit access grameen much better choice
Always the best episodes ❤️
Thank you sir apka samzane ka tarika bahut achha he , mai sher market me ake 3-4 month huva he apke study se muze or knowledge milta he ,or mai apko regular follow karti hu
One complain I have, why did you guys stop the song playing at the end 😔💔
Thanks, 3 learnings-
1. Bandhan bank not that great.
2. Found new good nbfc stock.
3. How nbfc do ever greening.
i might be not able to agree on that , bandhan is macro one , and its an micro one , huge difference and potentially both grow diversified in their own pace
Sir please make a detailed video on Textile shares .
As Backed by the 'China Plus One' sentiment globally, India's textile exports is expected to grow by 81 per cent to $65 billion by 2026
The problem here is will india be the one or will Bangladesh, Vietnam will take this china + one
Just see your wardrobe and see made in Bangladesh and Vietnam clothes everywhere.
I am just saying as I was also interested after reading the pli and when dig deep in textile Bangladesh is way more aggressive and also have a proven track record in this sector.
Will it grow in india yes but will india be a most dominant player then answer might be uncertain it is not like chemical industry where only scaling was needed as we were already in top 3 list.
Just a grey point I would mention.
Textile....not worth sir.
Most underrated channel
Hello, nice video. You were talking about micro finance loans in urban areas having more asset quality problems v/s the rural ones, was wondering why. Thank you have a great day 😀
Top three learnings
1. Management is conservative ,in banking this is most important part .
2. Small tickets size loans.
3. Not concentration to any one region , in loans also , they are diversified in location and region .
Jai hind 🙏
Well explained,non other can share all these things with us
Great knowledge enhancing session, as always !!!
Excellent analysis.
I have one request. Please analyze and make a video on Mas Financial, if possible.
Sir when will you upload tarson products ltd. IPO video.
Salute your hard work and dedication.....God job brother
Thank you for your feedback and valuable support for our work, Parminder. 😃 🙏
Excellent video. Thank u Ishmohit Sir....Thanks foe enhancing knowledge....
3 learnings are .... Management is important (Banker), Technical terminology of bank and about top up loans...!!!
I micro finance we also need to really dig deep into the loan mix according to State.
Just see better small finance institutions like equitas , aarman and even au.
All have been more active in 2-3 region that is gujrat, rajasthan, Madhya Pradesh and Tamil Nadu.
They have been one that are more favourable to see capitalists system and see a gowth of goverment not forcing to interview the micro finance institutions that much and people are also more wealthy and less communist in this part.
This is a trend that many failed or some ifs and buts microfinance are able to observed.
We also see the farming and other activities be not impacted much in these areas.
So if people are on most part have constant income this make even down turn to be much much less worse.
Just think a flood prone area like west bengal and Assam etc will be more likely to see more NPA and problem then a pretty stable farming area like gujart,punjab and haryana region
GREAT analysis sir, I request you to please make a video on Paisalo digital also
Thanks.
Thanks Jitu :) Sure, stay tuned
Top learning is Management & less bankers than banks
Thanks for sharing your learnings from the video Jay :) Hope to keep adding value
As always Great Analysis by You Sir 🙏
Thanq for the knowledge
Thank you for your kind feedback, Mr. Kushal. 😃
We're glad to add value to your knowledge and investing journey. 💯🙏
Great learning experience. Looking forward ..
Dear Ishmohit can u do a video on pix transmission. Quotes at reasonable pe. Tks
Management Management and management
Book value will increase
Bank is proactive
Thanks Ishmohit ji for a knowledgeable video on how to play nbfc, I'll cut my position on Ujjivan after watching your video , but when you look into Arman finance ratios you see that the promoter holding is very less, it's a red flag for me , can you help me guide how to look at it.
Thanks a lot Big Brother 😇🙏
Management Point is really helpful 🤘
Nicely explained NBFC framework and scenario, Jai Hind
Hi Ishmohit, can you create an update video on Arman Financial.
This Sardar is here to fulfill all our Armaans by sharing knowledge and more importantly the wisdom of finance. 🙏🏼🙏🏼
Thank you 😁😁😁
The video is pure gold...
Sir - Is Arman financial good to hold as it's share price is going down continuously, Thanks Sir.
Just perfect
We're glad to know you find value in our content. We hope to continue adding value to your investing journey. 🤝😃
The analysis is outstanding. From where do you get all the minute details about company?
Thank you so much ishmohit :-)
This channel is very unique and I'm really lucky that people like you exists to simplify business analysis for us.
Keep on producing the quality content as usual :-)
👌🙏to your team mr.Ishmohit.
Good morning 🌞🌞🌞
Which stock ?
always next level analysis...thanks for the super awesome video.
My pleasure!
whats your view on HDB Financial same business model and conservative NBFC ?
Thank you for your great work.
Fantastic analysis
H r a gem as like tcs in IT
Wow wonderful analysis lots of information. Hats off 🙏🙏💐❤️
Top notch content .. Loved it.. Can you please make similar analysis on IDFC first bank and Kotak Mahindra Bank
Check his history... He has done one on IDFC FB
Splendid as always 😇
Superb analysis and keep going:)
Once again learning a lot👍
Very detailed analysis.Thank you Sir.
Thanks for this video Sir.. what's the average cost of borrowing for Arman.. I liked ur golden words in video..apne problems se bhaho mat unko face karo.
I heard you say before that you don't invest in Microfinance and RealEstate being cyclical and high-risk businesses, but now I see you are interested in both sectors. Is that because your risk-taking appetite has gone up or you don't find enough opportunities in other sectors.
All based on my learnings as we are evolving. I limit my risk through allocations, as I realize these are cyclical sectors. Arman stands apart clearly though
Arman financial services
Hello sir.. Which are your favourite finance/personal finance/banking/share market related books?
And which books from above category only would you suggest to beginners ?
Thanks in advance
Going into microcap is walking on minefield. Good video but avoid for weak heart like me.
Thanks for your effort
Thank you for watching our video, Umesh. 😃 Hope it was informative and added value to your knowledge and investing journey. 🙏
Sir Plzz Aegis logistics ke baare Main btaye ...kyu itna neeche girta ja raha h continue ?
Hi Ishmohit...
Please analyse 'SBI Cards and Payment Services'
Thank you
Why credit access gramin not preferable?? Sir prons. & cons. Of credit access gramin
Great video… already invested 😊
I thought you were making Tarson's today... Anyways one observation i would like to share... I hail from Kolkata.. I believe Tarson's is based out of Kolkata.. From last week i am seeing many billboards of Tarson's in high streets which were not there before
Yes paaji please make a video on Poor charlie almanack
As Always Great Business Analysis.. ♥️♥️
Thank you bro, for such insightful videos