Sammaan Capital Ltd · NSE:SAMMAANCAP
Sammaan Capital — Indiabulls Financial Services — FY2010-11 Earnings Presentation
16 slides from Sammaan Capital's earnings presentation, Apr 22, 2011
Slide 1: Audited Financial Results – FY 2010-11
Indiabulls Financial Services Limited Audited Financial Results – FY 2010-11 April 22, 2011
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains certain forward-looking statements based on current expectations of Indiabulls management. Actual results may vary significantly from the forward-looking statements in this document due to various risks and uncertainties. These risks and uncertainties in
Slide 3: Business Update: Key Financial Highlights FY 2010-11 and Q4
Business Update Key Financial Highlights: FY 2010-11 and Q4 FY 10-11 FY 09-10 Q4 10-11 Total Revenues (Rs. Cr.) 2,509.96 1,635.04 772.38 PAT (Rs. Cr.) 750.92 307.48 236.13 EPS (Rs.) 23.86 9.94 7.52 • Return on Equity (ROE) has grown to 17%. The company intends to grow the ROE to over 20% by achievin
Slide 4: Asset Growth
Asset Growth Assets Under Management (AUM) in Rs. Cr. NII (Rs. Cr.) 19,796 400 353 369 20,000 17,069 306 15,189 300 265 16,000 12,535 239 11,023 12,000 200 8,000 100 4,000 - - Q4 09-10 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Q4 09-10 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 • On the back of a strong and stea
Slide 5: Asset Composition
Asset Composition FY 10-11 FY 09-10 6% 2% 8% 1% 21% 6% 21% 71% 64% • Long-term, Low-risk Mortgage Loans constitute 71% of the Asset Book • The unsecured Personal Loans’ portfolio is zero. The book completely ran off in Q2 FY 2010-11 5
Slide 6: Strong Customer Service Focus
Strong Customer Service Focus Awards and Accolades The Company has won the MCHI award for “Excellence in Customer Information & Responsiveness” Customer Service and Customer Convenience The company has launched a web portal for customers to access account details, download tax certificates, track ch
Slide 7: Improving Liability Profile
Improving Liability Profile FY 10-11 FY 09-10 20% 10% 48% 11% 42% 69% • The company has been successful in diversifying its sources of funding and has raised long-term bonds and bank loans to match the increasing share of long-term assets • 69% of the borrowings coming from long-term bank loans and
Slide 8: Diversified Borrowing Programme
Diversified Borrowing Programme Borrowings (Rs. Cr.) 19,319 20,000 14,671 15,000 12,993 9,511 10,000 7,850 5,000 - Q4 09-10 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Contribution in Total Borrowings (Rs. Cr.) Incremental Borrowing Mar-11 Mar-10 FY 10-11 Bank Loans 13,371 3,790 84% NCD 3,903 810 27% CP 2,0
Slide 9: Headroom for Growth
Headroom for Growth 20,000 19,319 4.00 3.50 14,671 15,000 3.00 12,993 3.13 2.69 2.50 9,511 2.38 10,000 2.00 7,850 1.81 1.50 1.47 5,000 1.00 0.50 - - Q4 09-10 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Figures in Rs. Cr. Borrowings Net Gearing Net Gearing: Borrowings Net of ‘Cash & Cash Equivalents’ and ‘In
Slide 10: Improving Cost-Income Ratio
Improving Cost-Income Ratio Cost / Income 27.50% 26.58% 25.00% 23.90% 22.50% 21.94% 21.13% 21.04% 20.00% Q4 09-10 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Costs include Salaries and Operating Expenses • Continuing improvement in cost-income ratio due to increasing efficiency in operations and build-up of
Slide 11: Stable Asset Quality
Stable Asset Quality NPA Levels 2.00% 1.92% 1.74% 1.50% 1.38% 1.20% 1.03% 1.00% 0.90% 0.90% 0.63% 0.53% 0.50% 0.38%* 0.00% Q4 09-10 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 * Without deducting ‘Floating Provision’ and RBI prescribed ‘Standard Asset Provision’ from Gross NPA • In Q4 of FY 2010-11, the com
Slide 12: Income Sources
Income Sources FY 10-11 FY 09-10 2% 12% 1% 10% 88% 87% • ‘Interest Income’ contributes significantly to the total income and its contribution continues to remain stable and steady • ‘Fee Income’ continues to be a steady income stream for the company • Improving recoveries from written off assets, ha
Slide 13: Corporate Social Responsibility Initiatives
Corporate Social Responsibility Initiatives • Indiabulls Foundation plans to set up a hospital for the poor, for treatment of life threatening diseases. The foundation also aims to work at a district level on transformation projects specifically in the areas of education and healthcare infrastructur
Slide 14: Consolidated Income Statement
Consolidated Income Statement 14
Slide 15: Consolidated Balance Sheet
Consolidated Balance Sheet Rs. 5,230.70 Cr of Cash & Cash Equivalents and Investments in Liquid Mutual Funds 15
Slide 16: Thank you
Thank you 16
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