The company's revenue has increased by 6% as a result of an increase in interest income, notably owing to improvements in the retail market. As of March 31, 2022, the Retail team had created the capacity to distribute a loan every 10 seconds and had served over 7 million satisfied clients. Over 8.78 lakh two-wheeler loans were disbursed, resulting in a total active customer base of over 2.8 million and an asset book of approximately Rs. 7,980 crores.

During the fiscal year under review, loans of Rs. 6,094 crores were disbursed. The year ended with a strong SME & Corporate asset book of Rs. 11,624 crores.

The company was highly affected by the covid pandemic, but in the second half of FY21 as the situation improved company geared up and showed satisfying results. In FY22, the company incurred a huge loss due to an increase in its provisions and other expenses including staff costs and loan collection charges, while the overall income of the company increased including interest income as well as other miscellaneous income. Moreover, the company has written off ~ Rs 500 cr. bad debt, which has negatively impacted the profitability of the company.  

During this time the RBI announced a slew of measures to tackle the second wave including the flow of credit to desired sectors and maintaining adequate liquidity levels.

In FY22 EPS of the company has become negative and decreased by -456.3%, which is a huge fall for the company. The major reason behind the fall was an increase in bad debts by its customers. Due to this company had to increase the balance in their provision for loan losses account.

In FY22, the equity of the company has reduced as a result of a fall in retained earnings due to losses incurred by it. In FY21, the Equity of the company increased by 11% due to the shift of partially paid-up equity shares of Rs. 5 and Rs. 5.6 to the fully paid up shares of Rs.10 each. This increased the number of common equity shares but no. of shares of the company remained constant. While the company had to increase its security premium and other reserves due to volatile and risky market conditions created by the pandemic and due to certain guidelines published by RBI related to loan moratorium. 

The operating profit of the company deteriorated in FY22, as after the pandemic company faced many loan defaulters, and had to manage settlement loss and bad debts of worth around  Rs.1,840.81 Cr. which led to a significant fall in its revenue. On the same hand other expenses including loan collection charges, IT charges and contractual staff costs all increased.

In FY22, the company's total assets are valued at Rs.34399.05 crores, a 14.68% growth over FY21. The company's loans climbed by 19.6%, while security deposits and deferred tax assets also increased.

During the FY21, the Company had invested an amount of Rs.100 Cr. into Hero Housing Finance Limited (HHFL), by way of making a payment towards First & Final call money on 20,83,33,333 partly paid equity shares, also invested in many other government securities and mutual funds, to secure the money in this volatile market. Currently, they are working on the betterment of their fixed assets as well by improving data processing equipment.

The company's cash flow from operations has decreased this year and is negative. It was driven by a rise in the company's loans, although its trade payables were also lowered.

As of FY22, the company has tier 1 capital of worth Rs.3,783.01 Cr., with a fall of 17.8% from FY21.

As of FY22, the company has tier 2 capital of worth Rs.720.38 Cr. with a fall of 30.0% from FY21.