My Mudra Fincorp Ltd. · NSE:MYMUDRA
My Mudra Fincorp — H1 FY2025 Earnings Presentation
29 slides from My Mudra Fincorp's earnings presentation, Nov 19, 2024
Slide 1: Cover letter to NSE for investor presentation
Date: November 19, 2024 Ref. No.: MMFL/13/2024-25 To, Lis ng Compliance Department Na onal Stock Exchange of India Limited, Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 NSE Symbol: MYMUDRA Subject: Investor Presenta on under Regula on 30 of SEBI (Lis ng Obliga ons
Slide 2: My Mudra Fincorp Limited Investor Presentation – H1FY25
MY MUDRA FINCORP LIMITED INVESTOR PRESENTATION – H1FY25 One of the Leading Corporate DSAs and Channel Partners
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by My Mudra Fincorp Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 4: Table of Content
Table of Content Company Growth Financial Overview Enablers Performance 3
Slide 5: Company Overview
MY MUD@A Company Overview
Slide 6: My Mudra – One of the Leading Corporate DSAs for Banks and NBFCs in India
My Mudra – One of the Leading Corporate DSAs for Banks and NBFCs in India ✓ Specialized in distribution and sales of a diverse range of Financial Products like Loans (secured & unsecured), Insurance and Credit Cards ✓ Capital efficient business model with low operating costs, aids in High Returns on
Slide 7: Our Business Process - Creating Value across the chain
Our Business Process - Creating Value across the chain My Banks & NBFCs Clients Mudra We partner with major Banks & Assess customer financial needs NBFCs to offer their financial through branches or associates and products, and we earn recommend solutions accordingly. commissions on sales of product
Slide 8: Execution Path
Execution Path 1. Lead Generation 2. Initial Contact 3. Customer Profiling 4. Loan Eligibilty Check 8. Loan Approval 7. Credit Appraisal 6. Verification Process 5. Application Submission 9. Loan Agreement & Disbursal 10. Post Disbursement Services 11. Feedback & Folllow-Up 7
Slide 9: A Diverse Product Portfolio Designed for All Consumer Needs
A Diverse Product Portfolio Designed for All Consumer Needs Product Portfolio Revenue Mix - FY24 Insurance Loans Credit Cards 6.63% 0.02% Health, Life & Term Recently launched Recently launched Unsecured Secured (Growth Expected) (Growth Expected) 93.35% • Personal • Used Car • Business Loan • Profe
Slide 10: Capital Efficient Model with Low Operating Costs
Capital Efficient Model with Low Operating Costs Direct Platform Usage & Risk-Free Product Distribution Increased Operational Efficiency Lower Marketing Costs o We aggregate and distribute o As our brand strengthens, more o As the platform grows, a larger insurance and personal credit users will eng
Slide 11: Long-Standing Partnerships with 90+ Banks and NBFCs
Long-Standing Partnerships with 90+ Banks and NBFCs Partnered with Ugrow to provide exclusive Green Financing for Solar Rooftop and other projects. We will be also providing financial solutions in other sectors like acquiring or upgrading essential machinery and equipment. These alliances ensure cus
Slide 12: Phygital approach leading to Pan India presence
Phygital approach leading to Pan India presence Physical Presence Digital Presence Loans Chandigarh Panipat Dehradun Delhi Jaipur Uttar Pradesh Bihar Udaipur Gujarat Bhopal Jharkhand Indore West Bengal Chhattisgarh Bhubaneswar Mumbai Telangana Insurance Credit Card Goa Corporate office 9 Branch Offi
Slide 13: Maximizing Value with the Phygital Model (Physical + Digital)
Maximizing Value with the Phygital Model (Physical + Digital) Digital Model + Phygital Model + Physical Model Lead Gen Model Online Online + Offline Offline Lead Fulfilment Model Online Online + Offline Offline One Stop Shop LTV – Life Time Value Low Customer Acquisition Cost High Low Average Custom
Slide 14: Experienced Leadership and Management
Experienced Leadership and Management Vaibhav Kulshrestha Ganesh Kumar Mishra Chairman & Managing Director Non-Executive Director • Experience: 14 years in the Financial Services Industry Sarita • Qualification: Bachelor of Commerce from Dr. Bhimrao Ambedkar University, Independent Director Agra (20
Slide 15: Honored with 100+ Awards and Recognitions
Honored with 100+ Awards and Recognitions Kotak Mahindra L& T Finance for Yes Bank for IDFC First Bank for ICICI Bank for HDFC Bank for Bank for exemplary being a Valued exemplary exemplary valuable Outstanding performance and partner in the performance contribution and contribution & Performance in
Slide 16: Track Record of Robust Financial Performance
Track Record of Robust Financial Performance Total Income (Rs Mn) EBITDA (Rs Mn) & Margin (%) PAT (Rs Mn) & Margin (%) 18.0% 12.0% 711 129 11.0% 536 6.0% 84 4.0% 58 2.0% 285 5 35 13 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 EBITDA EBITDA Margin PAT PAT Margin ROE & ROCE (%) Debt to Equity (x) Cas
Slide 17: Growth Enablers
MY MUD@A Growth Enablers
Slide 18: Key Strategies for Growth
Key Strategies for Growth Expanding Consumer Reach in India Opened a branch in Basti, (Ayodhya, Uttar Pradesh) Opening new branch/ offices and appointing more Sub-DSA’s in rural areas as and plan to launch 3 more in Himachal Pradesh, well to give assistance to the people according to their requireme
Slide 19: Factors Driving Industry Growth and Future Prospects (1/2)
Factors Driving Industry Growth and Future Prospects (1/2) • As of July 12, 2024, total bank credit at Rs. 168.12 lakh crore (~$2,020 billion). • Premiums from India’s life insurance industry is expected to reach Rs. 24 lakh • India’s retail lending could triple by 2030, driven by fintech innovation
Slide 20: Factors Driving Industry Growth and Future Prospects (2/2)
Factors Driving Industry Growth and Future Prospects (2/2) • Wider Access to Financial Services: • Digital Transformation: Digital banking and government schemes are increasing access to The rise of digital payments and online loans is making financial services financial products for underserved pop
Slide 21: Financial Performance
MY MUD@A Financial Performance SS oy Aik 17m}
Slide 22: Robust Financial Performance
Robust Financial Performance Total Revenue (Rs Mn) EBITDA (Rs Mn) & Margin (%) PAT (Rs Mn) & Margin (%) 5% YoY 50% YoY 38% YoY 14.4% 8.5% 337 10.1% 6.5% 49 321 32 29 21 H1FY24 H1FY25 H1FY24 H1FY25 H1FY24 H1FY25 EBITDA EBITDA Margin PAT PAT Margin ROE (%)* ROCE (%)* Debt to Equity (x) 0.5x 66.0
Slide 23: Profit & Loss – H1FY25
Profit & Loss – H1FY25 Particulars (Rs Mn) H1FY25 H1FY24 % Change Revenue From Operation 337.4 320.7 Other Income 0.1 0.2 Total Income 337.5 320.8 5% Employee Benefit Expenses 33.6 34.2 Other Expenses 255.1 254.2 EBITDA 48.8 32.4 50% EBITDA Margin 14.4% 10.1% 434 bps Depreciation and Amortisation Ex
Slide 24: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs Mn) FY22 FY23 FY24 CAGR Revenue From Operation 283.8 534.6 710.7 Other Income 0.8 1.0 0.7 Total Income 284.6 535.6 711.4 58% Employee Benefit Expenses 35.8 51.0 67.5 Other Expenses 236.2 426.3 515.4 EBITDA 12.6 58.3 128.5 219% EBITDA Margin 4.4% 10.9% 18.1% De
Slide 25: Balance Sheet
Balance Sheet Liabilities (Rs Mn) Mar-22 Mar-23 Mar-24 Sep-24 Assets (Rs Mn) Mar-22 Mar-23 Mar-24 Sep-24 Property, Plant & Equipment and Share Capital 0.1 0.1 0.1 113.9 10.2 23.7 56.3 72.5 Intangible Assets Reserves & Surplus 43.7 84.3 164.0 357.6 Deferred Tax Assets (Net) 0.2 0.9 1.8 1.5 Shareholde
Slide 26: Cash Flow Statement
Cash Flow Statement Particulars (Rs Mn) FY22 FY23 FY24 H1FY25 A. Net Cash Flow from Operating Activities (0.4) 13.6 6.0 (1.8) B. Net Cash Flow from Investing activities (0.3) (14.5) (43.5) (21.5) C. Net Cash Flow from Financing Activities 2.1 3.9 49.5 207.8 Total increase (decrease) in cash and Cash
Slide 27: Recently Raised Growth Capital through IPO - Deployment Status
Recently Raised Growth Capital through IPO - Deployment Status Successfully completed the IPO of Rs 333 Mn Listed on NSE SME with effect from September 12, 2024 Objects of the IPO Available for Deployment Actual Deployment Balance for Deployment Remark Strengthening the Balance Sheet and Repayment o
Slide 28: Stock Information
Stock Information Shareholding Pattern (as on September-24) Share Price Movement 140 1,400 Public 33.4% Promoters 57.8% 120 1,200 100 1,000 DII 6.2% FII 80 800 Price in Rs 2.6% Volumes (in ‘000) Promoters FII DII Public 60 600 Script Related Information (as on 18th November 2024) 40 400 NSE Code MYM
Slide 29: Thank You
Thank You My Mudra Fincorp Limited Stellar IR Advisors Pvt. Ltd. CIN No. :L65191DL2013PLC257611 Pooja Sharma / Akhilesh Gandhi Ms. Piyushi Jindal pooja.sharma@stellar-ir.com / akhilesh@stellar-ir.com cosec@mymudra.com Phone: +91 22 62398024