360 One Wam Limited · NSE:360ONE
360 One Wam — IIFL Wealth Management — Q3 FY20 Earnings Presentation
23 slides from 360 One Wam's earnings presentation, Jan 23, 2020
Slide 1: Updated Investor Presentation cover letter to exchanges
January 23, 2020 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block, Bandra - Dalal Street, Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. BSE Scrip
Slide 2: Quarterly Performance Review – Q3 FY 20
IIFL WEALTH & ASSET MANAGEMENT Quarterly Performance Review – Q3 FY 20 January 2020 Strictly Private and Confidential - Internal Circulation Only
Slide 3: A Leader in Wealth Management & Alternates
A LEADER IN WEALTH MANAGEMENT & ALTERNATES #1 Wealth Manager in India #1 Manager of Alternates in India WEALTH MANAGEMENT ASSET MANAGEMENT • Discretionary • Alternate Investment Funds • Non-Discretionary • Discretionary Portfolio Management • Broking and Distribution Services • Mutual Funds • Corpor
Slide 4: Key Business Highlights
KEY BUSINESS HIGHLIGHTS HIFL WEALTH & ASSET MANAGEMENT
Slide 5: Key Business Highlights
KEY BUSINESS HIGHLIGHTS Overall client sentiment for new investments has improved, however larger domestic and international macro 1 economic factors are still an overhang to the emerging positive sentiment • Growth in addressable market due to monetization and corporate action events continuing at
Slide 6: Key Business Highlights: Wealth and Asset Management
KEY BUSINESS HIGHLIGHTS Wealth Management: Strong client acquisition and AUM growth numbers in IIFL ONE underpin the increased 3 momentum in the transition. • Strong quarterly growth in high quality assets – Wealth ARR AUM increase by Rs 2,936 Crs to Rs 43,532 Crs • IIFL One, our flagship propositio
Slide 7: Business Summary
BUSINESS SUMMARY INR Cr FY 20 9M FY 20 Q3 FY 20 Q2 FY 20 Q1 FY 19 9M FY 19 Q3 FY 19 Q2 FY 19 Q1 Closing AUM Recurring Revenue Assets 70,434 70,434 64,016 63,530 52,907 52,907 45,561 45,021 Transactional / Brokerage Assets 101,703 101,703 99,276 97,930 95,661 95,661 94,197 88,179 Total AUM 172,137 17
Slide 8: Consolidated Financials – Reclassified Result Table
CONSOLIDATED FINANCIALS – RE CLASSIFIED RESULT TABLE Quarter Ended 9M Ended Particulars Dec 31, 2019 Sept 30, 2019 Dec 31, 2018 Dec 31, 2019 Dec 31, 2018 Fee based Income (A) 163 176 159 489 617 1. (iii) Fees and commission Income 158 177 168 483 633 1.(iv) Net gain on fair value changes (Reclassifi
Slide 9: Breakdown of Net Fund Based Incomes
BREAKDOWN OF NET FUND BASED INCOMES Rs in Crs. Average Q3 FY 20 Income Expense Net Capital Remarks Deployed Average Capital Deployed Excluding Goodwill & Total Fund Based 306 (225) 81 2783 Intangibles NIM earned on Average Loans outstanding for the NIM on Loans 118 (60) 58 1881 period Incomes and Ex
Slide 10: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Rs in Crs. As at As at As at Sep As at Sep ASSETS Dec 31, LIABILITIES AND EQUITY Dec 31, 30, 2019 30, 2019 2019 2019 1 Financial Assets 1 Financial Liabilities (a) Cash and cash equivalents 242 696 (a) Derivative financial instruments 266 249 (b) Bank Balance other than (a
Slide 11: Breakdown of Investments
BREAKDOWN OF INVESTMENTS Dec 31, Sep 30, Dec 31, Sep 30, 2019 2019 2019 2019 Investments 5,964 5,261 Borrowings 7,755 7,478 Derivative financial instruments [1c] 115 100 Derivative Financial Instruments [1a] 266 249 Investments [1f] 5,849 5,161 Debt Securities [1c] 3,994 4,299 Borrowings (Other than
Slide 12: Break Down of Investments
BREAK DOWN OF INVESTMENTS % of Total Investment Type Category Description Amt (in Cr) Investment Govt Securities Govt Securities 3,205 54% Punjab National Bank 285 5% State Bank of India 274 5% PSU Bank Perpetuals Syndicate Bank 146 2% Bank of Baroda 71 1% Hedged Investments Union Bank 51 1% ICICI B
Slide 13: Break Down of Loan Book
BREAK DOWN OF LOAN BOOK Loan Book Loan Spread 2.7% 6,715 2.4% 4,798 1.7% 1.8% 4,027 3,615 FY17 FY18 FY19 FY 20 9M FY17 FY18 FY19 FY 20 9M • NBFC is an enabler for Wealth Management Business. No Sales / Distribution Cost as all loans sourced by the Wealth RM’s FY 20 9M INR cr • Loan book on 31st Dec
Slide 14: Consolidated Metrics by Business Segment
CONSOLIDATED METRICS BY BUSINESS SEGMENT Assets Under Management - YoY (Rs. Cr.) Assets Under Management - QoQ (Rs. Cr.) Wealth Mangement Wealth Mangement Asset Management Asset Management 178,921 1,67,746 1,73,245 1,72,763 178,921 167,746 1,59,169 28,159 AMC Assets Distributed by Wealth 28,159 30,9
Slide 15: Consolidated Metrics YoY
CONSOLIDATED METRICS YoY Assets Under Management (Rs. Cr.) Excluding Custody Net Revenues (Rs. Cr.) & Yields (%) Annual Recurring Revenue Assets Annual Recurring Revenue Other Income Transactional / Brokerage Assets Transactional / Brokerage Income Overall Yield Less: AMC Assets distributed by wealt
Slide 16: Consolidated Metrics QoQ
CONSOLIDATED METRICS QoQ Assets Under Management (Rs. Cr.) Excluding Custody Net Revenues (Rs. Cr.) & Yields (%) Annual Recurring Revenue Assets Annual Recurring Revenue Other Income Transactional / Brokerage Income Yield Transactional / Brokerage Assets 0.66% 350 Less: AMC Assets distributed by wea
Slide 17: Consolidated Metrics YoY
CONSOLIDATED METRICS YoY Recurring Revenue Assets (Rs. Cr.) Recurring Revenues (Rs. Cr.) PMS - Discretionary / Non-Discretionary / Advisory Fees on PMS - Discretionary / Non-Discretionary / Advisory Funds Managed by IIFL AMC Management Fees on Funds Managed by IIFL AMC Mutual Funds Distributed Trail
Slide 18: Consolidated Metrics QoQ
CONSOLIDATED METRICS QoQ Recurring Revenue Assets (Rs. Cr.) Recurring Revenues (Rs. Cr.) PMS - Discretionary / Non-Discretionary / Advisory Fees on PMS - Discretionary / Non-Discretionary / Advisory Funds Managed by IIFL AMC Management Fees on Funds Managed by IIFL AMC Mutual Funds Distributed Trail
Slide 19: Wealth Management
WEALTH MANAGEMENT AUM by Products YoY (Rs. Cr.) AUM by Products QoQ (Rs. Cr.) PMS - Discretionary / Non-Discretionary / Advisory Mutual Funds Distributed PMS - Discretionary / Non-Discretionary / Advisory Mutual Funds Distributed Managed Accounts Distributed Equity Stocks Structured Notes and Bonds
Slide 20: Asset Management
ASSET MANAGEMENT AUM by Products YoY (Rs. Cr.) and Yield % AUM by Products QoQ (Rs. Cr.) and Yield % Discretionary Portfolio Management Schemes 30000 1.6% 1.4% Alternative Investment Fund 26,903 1.3% 1.4% Mutual Fund Yield (%) 0.9% 34,000 1.0% 25000 0.9% 20,773 1.2% 0.8% 1.0% 26,903 29,000 Discretio
Slide 21: Multiple Awards & Accolades
MULTIPLE AWARDS & ACCOLADES BEST FAMILY OFFICE SERVICES BEST SUCCESSION PLANNING ADVICE AND TRUSTS 90 AWARDS BEST DIGITAL WEALTH MANAGEMENT EXPERIENCE - 2017 IN 11 YEARS BEST PRIVATE BANK , BFSI BEST BRANDS 2017 INDIA 2018 PRIDE OF ASIA 20
Slide 22: Disclaimer
DISCLAIMER This document is for the personal information of the authorised recipient(s) and does not construe to be an offer or solicitation of an offer to buy/sell any securities. It does not construe to be any investment, legal or taxation advice or recommendation in relation to holding, purchasin
Slide 23: Thank You.
THANK YOU. LIFL Ne ALTH & ASSET ANAGEMENT
IIFL Wealth Management — Q3 FY20 Earnings Presentation on 6ix