Repco Home Finance Ltd. · NSE:REPCOHOME
Repco Home Finance — Q4 FY2025 Earnings Presentation
38 slides from Repco Home Finance's earnings presentation, May 16, 2025
Slide 1: Cover letter to stock exchanges
RHFL/SE/13/2025-26 16th May, 2025 National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai-400 051 Mumbai- 400001 NSE Symbol: REPCOHOME BSE Security Code: 535322 Kind Attn: Listing Department Dear Sir/Madam,
Slide 2: Earnings Presentation Q4FY25
Repco Home Finance Limited Earnings Presentation Q4FY25 www.repcohome.com Earnings Presentation May 2025
Slide 3: Agenda
Agenda Repco Home Finance Limited About Us MD & CEO Comments Board of Directors Q4FY25 Performance ► Business summary ► Financial performance ► Borrowing Profile ► Credit Rating Geographic Presence ► Footprint ► Region-wise loan book Annexure Earnings Presentation May 2025 2
Slide 4: About us
About us Repco Home Finance Limited Repco Home Finance Ltd (RHFL) is a professionally managed housing finance company head quartered in Chennai, Tamil Nadu. We were incorporated in April 2000. We are registered as a Housing Finance Company (HFC) with the National Housing Bank (NHB) The mission of RH
Slide 5: MD and CEO Comments on Quarter and Financial year ended March 2025
MD and CEO Comments on Quarter and Financial year ended March 2025 Repco Home Finance Limited We are happy to share the performance of RHFL during the Quarter Q4 FY25. Loans sanctions stood at Rs. 10,589 millions in Q4 FY25 as against to Rs. 9,777 millions in Q4 FY24 and Rs. 8,064 millions in Q3 FY2
Slide 6: Board of Directors
Board of Directors Repco Home Finance Limited Mr. C. Thangaraju Chairman, Mr. E.Santhanam Non- Mr. Mrinal Kanti Bhattacharya Mr. B. Raj Kumar Non- Non-Executive and Non- Executive and Non- Non-Executive and Executive and Independent Director Independent Director Independent Director Independent Dire
Slide 7: Q4FY25 Performance
Repco Home Finance Limited Q4FY25 Performance Earnings Presentation May 2025 6
Slide 8: Business Summary
Business Summary Repco Home Finance Limited Loans Outstanding Net Owned Fund Total Capital Adequacy Rs. 144,918 Mn Rs. 30,929 Mn Ratio 34.70% Average loan per unit Number of live accounts Employee strength Rs. 1.29 Mn 111,941 1427 GNPA – 3.26% ECL provision – 3.0% Earnings Presentation May 2025 7
Slide 9: Key Indicators – FY25 vs FY24
Key Indicators – FY25 vs FY24 Repco Home Finance Limited Figures in Rs million Sanctions Disbursements Net Interest Income FY25 35,189 32,842 7,193 5% 5% 6% FY24 33,400 31,349 6,789 Operating Revenue PBT PAT FY25 16,852 5,875 4,394 11% 12% 11% FY24 15,245 5,247 3,947 Earnings Presentation May 2025
Slide 10: Portfolio Composition
Portfolio Composition Repco Home Finance Limited Figures in Rs million Loan Book Net Owned Fund 160,000 35,000 141,551 144,918 30,929 135,134 29,801 140,000 30,000 26,771 120,000 25,000 100,000 20,000 80,000 15,000 60,000 10,000 40,000 20,000 5,000 Mar'24 Dec'24 Mar'25 Mar'24 Dec'24 Mar'25 Loan book
Slide 11: Performance Metrics (12M)
Performance Metrics (12M) Repco Home Finance Limited Figures in Rs million Income from Operations Net interest income 18,000 16,852 8,500 16,000 15,245 7,193 7,500 6,789 14,000 6,500 12,000 5,500 10,000 4,500 8,000 3,500 6,000 4,000 2,500 2,000 1,500 - 500 Mar'24 Mar'25 Mar'24 Mar'25 Net profit Sanc
Slide 12: Operating cost (12M)
Operating cost (12M) Repco Home Finance Limited Figures in Rs million Employee Cost Other Opex 1400 1000 1199 889 1200 1022 800 688 1000 800 600 600 400 400 200 200 0 0 Mar'24 Mar'25 Mar'24 Mar'25 Cost to Income Ratio 30.0% 27.5% 24.6% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% Mar'24 Mar'25 Earnings Present
Slide 13: Business performance momentum
Business performance momentum Repco Home Finance Limited Figures in Rs million 12,000 10,589 9,777 9,754 10,000 9,264 8,946 8,672 8,064 8,000 7,613 7,272 6,804 6,000 4,000 2,000 - Q4 Q1 Q2 Q3 Q4 FY25 Sanctions Disbursements Earnings Presentation May 2025 12
Slide 14: Key Indicators – Q4FY25 vs Q4FY24
Key Indicators – Q4FY25 vs Q4FY24 Repco Home Finance Limited Figures in Rs million Sanctions Disbursements Net Interest Income Q4FY25 10,589 9,754 1,804 8% 9% 5% Q4FY24 9,777 1,723 8,946 Operating Revenue PBT PAT Q4FY25 4,262 1,541 1,149 9% 11% 6% Q4FY24 3,926 1,387 1,081 Earnings Presentation May
Slide 15: Key Indicators – Q4FY25 vs Q3FY25
Key Indicators – Q4FY25 vs Q3FY25 Repco Home Finance Limited Figures in Rs million Sanctions Disbursements Net Interest Income Q4FY25 10,589 9,754 1,804 31% 28% -4% Q3FY25 8,064 7,613 1,884 Operating Revenue PBT PAT Q4FY25 4,262 1,541 1,149 -2% 7% 8% Q3FY25 4,359 1,440 1,066 Earnings Presentation
Slide 16: Quarterly Profitability ratios (3M)
Quarterly Profitability ratios (3M) Repco Home Finance Limited Net Interest Margin Spread 6.0% 3.8% 3.7% 5.5% 5.5% 3.6% 5.1% 5.2% 3.3% 3.4% 3.3% 5.0% 3.2% 4.5% 3.0% 2.8% 4.0% 2.6% 2.4% 3.5% 2.2% 3.0% 2.0% Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 Return on Equity Return on Assets 18.0% 16.5% 3.5% 3.
Slide 17: Performance Metrics (3M)
Performance Metrics (3M) Repco Home Finance Limited Figures in Rs million Income from Operations Net interest income 5,000 2,100 4,359 4,262 1,884 4,500 1,900 1,804 3,926 1,723 4,000 1,700 3,500 3,000 1,500 2,500 1,300 2,000 1,100 1,500 900 1,000 500 700 - 500 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY
Slide 18: Operating cost (3M)
Operating cost (3M) Repco Home Finance Limited Figures in Rs million Employee Cost Other Opex 400 337 300 350 288 289 246 247 300 250 250 194 200 200 150 150 100 100 50 50 0 0 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 Cost to Income Ratio 35.0% 29.9% 30.0% 26.3% 26.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.
Slide 19: Asset Quality
Asset Quality Repco Home Finance Limited 4.5% 4.1% 4.3% 4.0% 3.9% 4.0% 3.5% 3.3% 3.0% 2.5% 2.0% 1.5% 1.5% 1.3% 1.7% 1.6% 1.0% 1.5% 0.5% 0.0% Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 GNPA NNPA Earnings Presentation May 2025 18
Slide 20: GNPA Movement
GNPA Movement Repco Home Finance Limited (%) RBI Circular on NPA treatment* 8.00% And COVID – 19 Wave II 7.00% 7% 6.00% 5.80% 5.00% COVID-19 Wave - I 4.30% 4.00% 4.10% 3.70% Demonetisation 3% 3.26% 3.00% 2.90% 2.00% 2.60% 1.50% 1.30% 1.00% 1.30% 0.00% FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY2
Slide 21: Credit Cost
Credit Cost Repco Home Finance Limited % 2.5% 2.0% 1.9% 1.5% 1.0% 0.7% 0.5% 0.4% 0.5% 0.0% 0.0% FY20 FY21 FY22 FY23 FY24 FY25 (12M) -0.5% -0.3% Earnings Presentation May 2025 20
Slide 22: Product / Occupation mix wise GNPA(%)
Product / Occupation mix wise GNPA(%) Repco Home Finance Limited 5.0% 4.5% 4.3% 4.0% 4.1% 3.9% 3.9% 4.0% 3.7% 3.5% 3.3% 3.3% 3.1% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% Home Loan Home Equity Overall Q4FY24 Q3FY25 Q4FY25 7.0% 5.9% 6.0% 5.5% 5.0% 4.6% 4.1% 3.9% 4.0% 3.3% 3.0% 2.2% 2.0% 1.8% 2.0% 1.0% 0.0%
Slide 23: ECL provision
ECL provision Repco Home Finance Limited Figures in Rs million Q4FY24 Q3FY25 Q4FY25 Gross Stage 3* 5,516 5,458 4,729 % portfolio in Stage 3 4.1% 3.9% 3.3% ECL provision - Stage 3 3,597 3,373 2,819 Net - Stage 3* 1,918 2,086 1,910 Coverage ratio - Stage 3 65.2% 61.8% 59.6% Gross Stage 1 & 2* 1,29,618
Slide 24: Stage-wise Movement
Stage-wise Movement Repco Home Finance Limited Figures in Rs. million Mar’24 Dec’24 Mar’25 Particulars AUM % AUM % AUM % Stage-1 1,14,006 84.37% 1,21,143 85.58% 1,26,087 87.01% Stage-2 15,612 11.55% 14,949 10.56% 14,103 9.73% Stage-3 5,516 4.08% 5,458 3.86% 4,729 3.26% Grand Total 1,35,134 100.00% 1
Slide 25: Breakup of Overdues
Breakup of Overdues Repco Home Finance Limited Figures in Rs. million Stage-2 Stage-3 Particulars Total AUM AUM % of AUM AUM % of AUM Till March 2020* 48,387 8,077 16.7% 3,842 7.9% (Pre COVID) From April 2020* 96,531 6,026 6.2% 887 0.9% (Post COVID) Grand Total 144,918 14,103 9.7% 4,729 3.3% *Financ
Slide 26: Borrowing profile
Borrowing profile Repco Home Finance Limited % change Source (Rs Mn) Average cost Q4FY24 Q3FY25 Q4FY25 (Y-o-Y) National Housing Bank 8.21% 11,606 9,456 8,755 -25% Commercial Banks 8.83% 84,681 91,049 92,464 9% Repco Bank 8.40% 10,693 10,267 10,261 -4% Total 8.74% 1,06,980 1,10,773 1,11,480 79% 82% 8
Slide 27: Movement in borrowing cost
Movement in borrowing cost Repco Home Finance Limited 8.80% 8.74% 8.72% 8.73% 8.73% 8.74% 8.70% 8.70% 8.70% 8.68% 8.66% 8.62% 8.63% 8.62% 8.63% 8.61% 8.60% 8.62% 8.59% 8.60% 8.54% 8.57% 8.58% 8.54% 8.55% 8.55% 8.51% 8.50% 8.43% 8.40% 8.34% 8.30% 8.20% 8.10% Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24
Slide 28: Credit Rating
Credit Rating Repco Home Finance Limited • Credit Rating as on 31st December 2024 Rating Agency Instrument Rating CARE Term Loan AA-/ Stable CARE Commercial Paper A1+ ICRA Term Loan AA-/ Stable ICRA Non- Convertible AA-/ Stable Debentures ICRA Commercial Paper A1+ Earnings Presentation May 2025 27
Slide 29: Geographic Presence
Repco Home Finance Limited Geographic Presence Earnings Presentation May 2025 28
Slide 30: Network
Network Repco Home Finance Limited Branch Network Present in 12 states and 1 Union Territory with 189 branches and 44 satellite centers. Additionally, we have 2 asset recovery branches. Presence beyond South: branches in West Bengal, Odisha, Maharashtra, Jharkhand, 7 Gujarat, Madhya Pradesh &
Slide 31: Region-wise loan book
Region-wise loan book Repco Home Finance Limited Kerala, 2% Others, 4% Gujarat, 3% Telangana, 5% Andhra Pradesh, 6% Maharashtra, 10% Tamil Nadu, 57% Karnataka, 13% Exposure Annualised Growth States Q4FY24 Q3FY25 Q4FY25 Y-o-Y Q-o-Q Tamil Nadu 56.5% 56.6% 56.8% 8% 11% Karnataka 13.0% 12.7% 12.6% 4% 7%
Slide 32: Annexure
Repco Home Finance Limited Annexure Earnings Presentation May 2025 31
Slide 33: Shareholding pattern
Shareholding pattern Repco Home Finance Limited Outstanding shares – 62.6 Mn Major Non-Promoter Shareholders % Foreign Portfolio Others, 2.0% Investors, 11.2% NRIs, 1.4% HDFC Mutual Fund 5.4% Alternative Aditya Birla Sun Life Mutual Fund 4.5% Investment Promoters, Funds, 1.3% 37.1% ICICI Prudential
Slide 34: Profit and loss statement (3M)
Profit and loss statement (3M) Repco Home Finance Limited Figures in Rs million (Rs. Million) Mar’25 Dec’24 QOQ (%) Mar’24 YoY (%) Income: Revenue from operations 4,262 4,359 -2% 3,926 9% Other income 89 94 -6% 46 92% Total Income 4,350 4,453 -2% 3,972 10% Expenses: Interest and other financial char
Slide 35: Profit and loss statement (12M)
Profit and loss statement (12M) Repco Home Finance Limited Figures in Rs million (Rs. Million) Mar’25 Mar’24 YoY (%) Income: Revenue from operations 16,852 15,245 11% Other income 394 163 162% Total Income 17,246 15,408 12% Expenses: Interest and other financial charges 9,659 8,456 14% Employee bene
Slide 36: Relative performance – (3M)
Relative performance – (3M) Repco Home Finance Limited Particulars Units Mar’24 Dec’24 Mar’25 Sanctions Rs. Mn 9,777 8,064 10,589 Disbursements Rs. Mn 8,946 7,613 9,754 Net interest income Rs. Mn 1,723 1,884 1,804 PAT Rs. Mn 1,081 1,066 1,149 NIM % 5.1 5.5 5.2 Yield on assets % 11.7 12.6 12.2 Cost o
Slide 37: Relative performance – (12M)
Relative performance – (12M) Repco Home Finance Limited Particulars Units Mar’24 Mar’25 Sanctions Rs. Mn 33,400 35,189 Disbursements Rs. Mn 31,349 32,842 Net interest income Rs. Mn 6,789 7,193 PAT Rs. Mn 3,947 4,394 NIM % 5.2 5.2 Yield on assets % 11.7 12.1 Cost of funds % 8.3 8.7 Spread % 3.4 3.3 R
Slide 38: For any queries, please contact
Repco Home Finance Limited For any queries, please contact: Ms. Shanthi Srikanth Chief Financial Officer Repco Home Finance Limited Phone: +91 44 42106650 Email: cfo@repcohome.com Safe Harbor: This presentation may have certain statements that may be “forward looking” including those relating to gen