Srg Housing Finance Ltd. · NSE:SRGHFL
Srg Housing Finance — Q2 FY24 Earnings Presentation
23 slides from Srg Housing Finance's earnings presentation, Oct 30, 2023
Slide 1: Exchange filing cover letter
Date: October 30, 2023 To, National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C-1, Block G, 1 st Floor, P.J. Towers, Bandra Kurla Complex, Dalal Street, Mumbai-400051 Mumbai-400001 Scrip Symbol- SRGHFL Scrip Code - 534680 Dear Sir/Madam, Subject: Investor Presentation- Q2& HY1FY24 Purs
Slide 2: Investor Presentation – Q2 & H1FY24
SRG HOUSING FINANCE LIMITED Investor Presentation – Q2 & H1FY24
Slide 3: Disclaimer
Disclaimer The information contained in this presentation is only current as of its date. Please note that the past performance of the company is not and should not be considered as, indicative of future results. This presentation may contain certain statements of future expectations and other forwa
Slide 4: About Us
01 ₹ ABOUT US Investor Presentation 3
Slide 5: About Us
About Us A strong retail affordable housing finance company with rich expertise and experience. Primarily cater to the underserved rural and semi urban populace in central and western India. Engaged in providing Individual Housing Loans and Loan Against Property and are the first company in Rajastha
Slide 6: Our Network
OUR NETWORK Rajasthan New Delhi Banswara, Sagwara, Salumber, Jodhpur, Chittorgarh, Sumerpur, Bijainagar, Udaipur, Jaipur, Sirohi, Rajsamand, Pali, Kishangarh, Kota, Bhilwara, Beawar, Shahpura (Bhilwara), Shahpura (Jaipur), Begun, Jaitaran, Kekri, Gangapur (Bhilwara), Partapur, Sojat, Dhairyawad, Mad
Slide 7: Quarterly Highlights
02 Quarterly Highlights Investor Presentation 6
Slide 8: Key Highlights – Q2 FY24
Key Highlights – Q2 FY24 INR 68.09 Cr. 11.79 % Highest ever disbursement in Spread earned in Q2 second quarter INR 515.38 Cr. INR 110.28 AUM as on 30 September 2023 Book Value per share as on 30th September 2023 INR 236.31 Cr. INR 143.37 Cr. Loans Disbursed on a Shareholder Funds as on TTM basis 30
Slide 9: Performance Highlights for Q2FY24
Performance Highlights for Q2FY24 Gross Loan Book Loan Disbursal Net Interest CRAR GNPA, NNPA +39.3% YoY +37.03% YoY Income (NII) As on 30th Sep, 2023 Lending Rate Loan Spread Shareholders Return on Avg Gearing Ratio Fund Equity (ROAE) Borrowing Cost +16.6% YoY Credit Rating BBB (Stable) from CARE H
Slide 10: Quarterly Income Statement
Quarterly Income Statement Sr .No. Particulars (Rs. Crore) Q2FY24 Q2FY23 H1FY24 H1FY23 1 New Approvals 73.86 51.47 128.55 78.05 2 Disbursements 68.09 49.69 121.20 75.61 3 Outstanding Loan Book 515.38 370.03 515.38 370.03 4 Interest Income 26.64 19.32 51.17 38.87 5 Fees & Other Income 4.56 3.58 6.88
Slide 11: Key Performance Indicators (1/3)
Key Performance Indicators (1/3) New Approvals (Rs. Crore) Disbursements (Rs. Crore) AUM (Rs. Crore) 84.91 79.14 515.38 73.86 68.09 474.40 438.36 370.03 389.57 54.69 53.11 51.47 49.69 38.97 35.97 Q2FY23 Q3 FY23 Q4FY23 Q1FY24 Q2FY24 Q2FY23 Q3 FY23 Q4FY23 Q1FY24 Q2FY24 Q2FY23 Q3 FY23 Q4FY23 Q1FY24 Q2F
Slide 12: Key Performance Indicators (2/3)
Key Performance Indicators (2/3) Loan book break up - Product Category (%) Loan book break up - Customer Profile (%) 29.65 30.73 33.86 22.93 23.78 23.85 23.61 24.06 35.09 35.74 70.35 69.27 66.14 77.07 76.22 76.15 76.39 75.94 64.91 64.26 Q2FY23 Q3 FY23 Q4FY23 Q1FY24 Q2FY24 Q2FY23 Q3 FY23 Q4FY23 Q1FY2
Slide 13: Key Performance Indicators (3/3)
Key Performance Indicators (3/3) Return Ratios (%) Capital Adequacy (%) Cost to Income Ratio (%) 63.79% 37.85 37.56 36.00 61.30% 62.88% 62.50% 57.38% 3.74% 33.63 3.63% 32.03 3.18% 3.25% 2.84% 0.98% 0.84% 0.82% 0.90% 0.75% 0.40 0.42 0.44 0.41 0.41 Q2FY23 Q3 FY23 Q4FY23 Q1FY24 Q2FY24 Q2FY23 Q3 FY23 Q4
Slide 14: ALM Profile
ALM Profile Bank Borrowings + Market Borrowings Maturity Profile (Rs. Crore) (as on 30.09.23) 180.0 162.31 160.0 140.0 120.0 101.68 100.0 80.0 64.79 60.0 46.93 40.0 34.22 20.0 12.08 14.65 2.27 1.33 4.46 0.0 1 day to 7 days 8 day to 15 day to Over 1 month Over 2 months Over 3 months Over 6 months Ove
Slide 15: Business Overview
03 Business Overview Investor Presentation 14
Slide 16: Our Journey
Our Journey 2015: India's first company to 2017: 1st equity private placement migrate to the BSE Main Board. in March, 2017. Notified by Ministry of Finance to 1st private placement of NCD in be treated as “Financial August, 2017. Institution” under SARFAESI 2018: Rating BBB in March Act 2002 2018
Slide 17: Product Suite
Product Suite ₹ ₹ SRG Dream Home SRG Loan against SRG Home Loan Property Revision Loan SRG Construction SRG Plot SRG Builder Loan Plan Loan Investor Presentation 16
Slide 18: Why Borrowers Prefer SRG
Why Borrowers Prefer SRG Preferred partner Quick sanction In-depth rural to help fulfil and disbursement penetration & dream in process localized affordable (TAT of 15 days) approach housing Prompt response Simple & quick solutions documentation for financial process assistance Investor Presentation
Slide 19: Addressable Target Market
Addressable Target Market The Problem Definition & Need Gap The Solution – SRG Housing Finance Unorganized sector Tailor made products to serve different New to credit profiles, deeper market penetration, Low banking habits leveraging technology for quick processing, Underserved population Assessed
Slide 20: Go To Market Strategy
Go To Market Strategy Channel Partners Leveraging Technologies • Individual DSA • Mitra Application for onboarding providing Leads of • DSA Agencies Customer • Chartered • Sales Application for Accountants smooth disbursement Feet on Street • Tele Marketing Data Analysis process Digital Marketing •
Slide 21: Digital Ecosystem – SRG SRAJAN
Digital Ecosystem – SRG SRAJAN Loan Origination Loan Management Loan Collection Lead Generation & EMI Collection DPD Management through auto-debit Bucketing Customer Repayment Pool Application Form Monitoring Allocation Web & Mobile KYC & Documents Penal Charges Field Visits Application Validation C
Slide 22: Shareholding Pattern
Shareholding Pattern 1 Promoter & Promoter Group 2 FPI 3 Bodies Corporate, HUF & LLP 4 Retail 5 IEPF Investor Presentation 21
Slide 23: Thank You
Investor Relations Contact KAPTIFY® Consulting Strategy & Investors Relations | Consulting Tel: +91-845 288 6099 Email: contact@kaptify.in www.kaptify.in Head Office SRG Housing Finance Ltd 12, Opp Paras JK Hospital, Shubhagpura, Udaipur, Rajasthan 313001, India THANK YOU CIN No:L65922RJ1999PLC01544