Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — IIFL Securities — Q1 FY2025 Earnings Presentation
25 slides from Iifl Capital Services's earnings presentation, Jul 31, 2024
Slide 1: Cover letter to stock exchanges
. IIFL SECURITIES July 31, 2024 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 4
Slide 2: Investor Presentation
8 11 FL SECURITIES Investor Presentation For the quarter ended June 30, 2024 NSE: IIFLSEC | BSE: 542773 1
Slide 3: Performance Snapshot & Growth Strategy
IIFL SECURITIES: SECTION PERFORMANCE SNAPSHOT & GROWTH 01 STRATEGY 2
Slide 4: A leading player in Indian Equity Markets
IIFL Securities – A leading player in Indian Equity Markets 8 11FL SECURITIES 1. Large Scaled Up Player with Strong Financials 2. Proven Track Record • INR 2,219 Bn of custody and distribution assets & INR • Legacy of over two decades in retail and Institutional 2,603 Bn daily turnover for Q1 FY 25
Slide 5: Performance Snapshot – Q1 FY25
Performance Snapshot – Q1 FY 25 8 11FL SECURITIES ₹2,219 billion ₹ 2,603 billion ₹6,438 million ₹1,816 million ₹19.9 billion Assets Under Average Daily Management & Revenue PAT (TCI) Net worth Turnover Custody ₹12.06 billion ₹290 billion 5,700 + 4.4 rating 10 Completed Gross Margin Distribution Numb
Slide 6: Financials – Consistent Performance
Financials – Consistent Performance 8 11FL SECURITIES -· Total Revenue (₹ mn) 22,313 -· Profit after tax (TCI)(₹ mn) 5,121 -· Return on Equity (%) 33% • 33% 146 % 29% 57 % Fl 13,164 13,704 24% 3,057 20% I 2,480 8,676 2,210 I 1,816 I 6,438 I 4,110 I 739 I l 1 1111 I- FY21 FY22 FY23 FY24 . I Q1FY24 Q1
Slide 7: One Stop Solution for all Capital Market needs
IIFL Securities: Offering One Stop Solution for all Capital Market needs O IIFL SECURITIES Institutions Corporate Affluent, HNI & UHNI COMPREHENSIVE SUITE OF PRODUCTS ACROSS CUSTOMER SEGMENTS Distribution solutions – Mutual Funds, Wealth Management for Research Solutions Insurance, AIFs, PMS, Fixed
Slide 8: Building in Focus Segments - Key Business Lines
Building in Focus Segments - Key Business Lines 8 11FL SECURITIES ~------------------1 ! . : IIFL SECURITIES !1 I I L--------~---------- I Non - Institutional Institutional ____A.._____ Investment Institutional Affluent, HNI & UHNI Retail Banking Broking r---------------------------------1 I I I I r
Slide 9: Growth Strategy
Growth Strategy 8 11FL SECURITIES 3. Evolve into a Wealth Management 1. Further Scale up of Market Leading 2. Continue to Expand Investment Platform for the Affluent, HNI & Institutional Broking Practice Banking Franchise UHNI Segment Expand market share through Be a ‘Banker of choice’ for the India
Slide 10: Key Business Segment Analysis: Institutional Segment
SECTION KEY BUSINESS SEGMENT ANALYSIS: INSTUTIONAL 02 SEGMENT 9
Slide 11: Market Leading Institutional Broking Platform
Market Leading Institutional Broking Platform 8 11FL SECURITIES -· Among the top franchises on the street, with sales teams based in Mumbai, Singapore, London and New York. 945+ Empanelled Clients -· Wide customer base covering investors including sovereign wealth funds, pension funds, private equit
Slide 12: Strong Bottom-Up Research Coverages
Strong Bottom-Up Research Coverages 8 11FL SECURITIES -· Sector-wise break up of stocks under coverage (in Nos) ■ Pharma & Healthcare -· Market cap break up of stocks under coverage IIFL Research ■ Banking & Fin Market cap bracket Universe 11 11 28 ■ FMCG Above US$ 10 Billion 89 12 ■ Auto 12 279 19
Slide 13: Leading Investment Banking Franchise
Leading Investment Banking Franchise 8 11FL SECURITIES -· Investment banking revenues (₹ mn) 2,245 Q1FY25 has been has been a prolific period for the investment banking business • Completed 10 transactions in the last quarter across capital markets and private placements/advisory A 1,504 25 % 1,287
Slide 14: Awards & Recognition - Institutional Business
Awards & Recognition - Institutional Business 8 11FL SECURITIES / -------., ,I ACHIEVEMENT \ The IIFL Group The IIFL Group AWAROS ) F"manceAsia Awarded India Equity House Wins “The Asset Triple A” Sustainable Finance ~~,, { ~ 2023 / in 2023 by IFR Asia Awards & Finance Asia award for best PE deal ll
Slide 15: Key Business Segment Analysis: Non-Institutional Segment
SECTION KEY BUSINESS SEGMENT ANALYSIS : NON- 03 INSTUTIONAL SEGMENT 14
Slide 16: Affluent Wealth Management – Core Ingredients for success
Affluent Wealth Management– Core Ingredients for success already in place 8 11FL SECURITIES Deep client Senior experienced Strong core engagement with a hires made to set Comprehensive Market leading Vintaged and capabilities in wide network up HNI / UHNI wealth Product Portfolio Research Growing Cu
Slide 17: Key Business Metrics: Non-Institutional Business
Key Business Metrics : Non-Institutional Business 8 11FL SECURITIES -· Asset Under Management - Custody (₹ bn) 19 % -· Asset Under Management – Distribution Assets # (₹ bn) -· Distribution Assets # ₹ 290 billion 11 % Mutual Fund 44% 1,929 290 261 1,622 Others 4% Distribution Loan 196 2% Assets break
Slide 18: Key Business Metrics: Non-Institutional Business (Contd.)
Key Business Metrics : Non-Institutional Business (Contd.) 8 11FL SECURITIES -· Retail Brokerage (₹ mn) I 6,426 I I I I -· Life Insurance Premium (₹ mn) I I -· Mutual Fund AUM (₹ bn) r9 19 % 128.6 I 1,588 I I I I 108.0 I 4,695 I I I 4,106 I I r1 I 49 % 947 71.3 A I I I 68.5 3,038 816 I 30 % I I 51.5
Slide 19: Financial Performance
SECTION FINANCIAL 04 PERFORMANCE 18
Slide 20: Financial Results – A Snapshot
Financial Results – A Snapshot 8 11FL SECURITIES ₹ Mn Q1FY25 Q1FY24 Y-o-Y Q4FY24 Q-o-Q FY24 Revenue from Operations 6,399 4,091 56% 6,864 (7%) 21,613 Other income 39 19 103% 179 (78%) 700 Total income 6,438 4,110 57% 7,044 (9%) 22,313 Employee cost 1,296 902 44% 1,224 6% 4,570 Finance Cost 440 210 1
Slide 21: Governance & CSR
SECTION GOVERNANCE 05 & CSR 20
Slide 22: Led by an Independent and Illustrious Board
Led by an Independent and Illustrious Board 6e llFL SECURITIES R Venkataraman V. Krishnan Shamik Das Sharma Chairman & Non-Executive Director Independent Director Independent Director PG Diploma in Management from IIM Cost Accountant, LLB M.S., University of Maryland (USA), Bangalore, Bachelor’s deg
Slide 23: Our ESG Strong Focus and Commitment
Our ESG Strong Focus and Commitment 8 11FL SECURITIES Launched online ESG profile platform, which aligns with various ESG frameworks operating globally such as IFC, GRI, SASB, CDP etc. ENVIRONMENTAL SOCIAL GOVERNANCE • Procurement of green energy for our Corporate • Promoted mental wellbeing through
Slide 24: Corporate Social Responsibility
Corporate Social Responsibility 8 11FL SECURITIES Smart Shaala - A project on Retail sales associate training Sakhiyon ki Baadi education in 5 aspirational districts programme – Kupwara, Jammu & programme, Rajasthan Kashmir • IIFL Foundation conducts training for teachers • The project aims to empow
Slide 25: Thank you!
Thank you! Published on July 31, 2024 IIFL Securities Limited This report is for information purposes only and does not construe to be any investment, not represent that it is accurate or complete. ISL or any of its subsidiaries or associates or legal or taxation advice. It is not intended as an off