i nc lu s i ve f i nanc e i nd i a re port 2014
110
T
ABLE
4.23
Performance of MFIs
GLP size class
Year
Return on
Return on
Profit margin
Ratio of operating
Ratio of
(Rs. bn)
assets (%)
equity (%)
(%)
expense to loan
financial expense/
portfolio (%)
assets (%)
>10
2013
1.40
6.50
8.57
8.77
8.74
2014
3.13
16.29
20.62
8.23
9.24
5 to 10
2013
1.27
7.41
6.87
10.35
10.26
2014
1.20
13.25
8.59
8.86
10.40
2 to 5
2013
1.14
4.11
7.33
11.28
8.07
2014
2.36
11.39
18.41
8.61
10.46
1 to 2
2013
2.27
7.31
14.01
10.65
9.75
2014
2.91
12.15
18.39
9.95
10.32
<1
2013
0.81
2.11
7.37
14.25
6.74
2014
1.38
3.85
9.68
13.56
9.06
Source
: Audited financial statements sourced from MIX data base.
Notes
: (1) The MFIs are classified on the basis of GLP pertaining to 31 March 2014; (2) all the ratios are median values.
T
ABLE
4.24
Productivity Ratios: Performance During 2011/12–2013/14
2011–12
2012–13
2013–14
Growth rate
2013–14 over 2011–12
All MFIs
Clients per branch
2,326
2,560
2,867
23.26
Clients per employee
312
377
413
32.37
Clients per loan officer
499
578
632
26.65
GLP per branch (Rs. mn)
17.78
22.77
28.56
60.63
GLP per employee (Rs. mn)
2.38
3.36
4.12
73.11
GLP per loan officer (Rs. mn)
3.82
5.15
6.29
64.66
Small (GLP < billion)
Clients per branch
1,097
1,358
1,299
18.41
Clients per employee
179
226
218
21.79
Clients per loan officer
266
348
350
31.58
GLP per branch (Rs. mn
6.34
8.53
10.49
65.46
GLP per employee (Rs. mn)
1.04
1.42
1.76
69.23
GLP per loan officer (Rs. mn)
1.54
2.19
2.83
83.77
Medium (GLP Rs. 1–5 billion)
Clients per branch
2,028
2,069
2,282
12.52
Clients per employee
218
306
351
61.01
Clients per loan officer
458
536
595
29.91
GLP per branch (Rs. mn)
12.56
17.7
22.38
78.18
GLP per employee (Rs. mn)
1.35
2.61
3.44
154.81
GLP per loan officer (Rs. mn)
2.83
4.58
5.83
106.01
Large (GLP > Rs. 5 billion)
Clients per branch
2,485
2,755
3,127
25.84
Clients per employee
345
402
440
27.54
Clients per loan officer
523
601
655
25.24
GLP per branch (Rs. mn)
19.76
24.94
31.42
59.01
GLP per employee (Rs. mn)
2.74
3.64
4.42
61.31
GLP per loan officer (Rs. mn)
4.16
5.44
6.58
58.17
Source
: MFIN (2014).
