Star Housing Finance Limited · BSE:STARHFL
Star Housing Finance — H1 FY2024-25 Earnings Presentation
16 slides from Star Housing Finance's earnings presentation, Nov 14, 2024
Slide 1: Cover letter to BSE: Investor Presentation
Date: 14.11.2024 ISIN: INE526R01028 SCRIP CODE: 539017 SCRIP ID: STARHFL PAN NO. AAGCA1988C To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Sub: Investor Presentation Dear Sir / Madam, Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulatio
Slide 2: Star Housing Finance Ltd Corporate Deck
Star Housing Finance Ltd CORPORATE DECK
Slide 3: Star HFL - Company Brief
STAR HFL - COMPANY BRIEF ABOUT US KEY FIGURES ▪ Listed on the BSE (BOM: 539017) ▪ AUM at 517.84 crs with 5000+ live accounts with Avg. Loans Size of Rs. 10 lakhs ▪ Affordable housing finance company ▪ GNPA at 1.56% and NNPA at 1.09% as of Sep 30, 2024 ▪ PAT of Rs. 6.08 crs for H1 FY’2024-25 ▪ Regist
Slide 4: Board of Directors
BOARD OF DIRECTORS STAR Starhai toh bharosa hai Kalpesh Dave C Ilango Ajith Lakshmanan P.K Das Director & CEO Independent Director Independent Director Independent Director Ex-MD CanFin Homes Ex-ED LIC of India Ex-ED IDBI Bank A.P Saxena Kavish Jain Neelam Tater Independent Director Executive Direct
Slide 5: Leadership Team
LEADERSHIP TEAM Director & CEO CCO Murtaza Vohra Hemant Shinde Nikhil Sahu Head - Planning Head - Fund Raising Head - BIU 4
Slide 6: Becoming a Professionally Run HFC
BECOMING A PROFESSIONALLY RUN HFC COMPANY TRANSITION BUSINESS TRANSITION Before Oct 2019 As of Now Before Oct 2019 As of Now Franchise based Business Model In-house business model Old Name New Name Geographic concentration Multi-state presence Registered & 11 member team 300+ strong team Registered
Slide 7: Becoming a Professionally Run HFC (contd.)
BECOMING A PROFESSIONALLY RUN HFC (contd.) LIABILITY TRANSITION BOARD TRANSITION Before Oct 2019 As of Now Before Oct 2019 As of Now Diversified Borrowing Profile with Borrowings predominantly from focus on PSBs. Private Sector Banks, Financial Institutions FIs and the NHB Professional characteristi
Slide 8: Net Worth Strengthened Consistently
NET WORTH STRENGTHENED CONSISTENTLY 160 Figures in Rs. crs 48.6 140 140 120 15.0 100 Cumulative 2.19 2.19 11.2 PAT Fund raise accretion 80 21.6 ESOP I ESOP I Tranche II through Tranche I Warrants Capital Exercised Exercised Raise 60 8.2 4 15.5 Capital 40 Capital Raise 30.52 Raise 3 Capital 2 20 Rais
Slide 9: Key Portfolio Cuts as of Sep 30, 2024
KEY PORTFOLIO CUTS AS OF SEP 30, 2024 Wholesale Retail 0-60 month 61-120 month Up to 25 lakh 25-50 lakhs 121-180 month 181-240 month 1% 15.00% 5% 3.00% Product Tenure Ticket Wise Wise Size 50.00% wise 31.00% 99% 95% Gujarat Madhya Pradesh Up to 16% 16-22% 22-28% Up to 50% 50-60% 61-70% 71-80% >80% M
Slide 10: Company Debt as of Sep 30, 2024
COMPANY DEBT AS OF SEP 30, 2024 Sanction Amt. Rs. 90.00 crs Rs. 84.75 crs* Rs. 12.00 crs Rs. 20.00 crs Rs. 12.92 crs Rs. 60.00 crs Outstanding Amt. Rs. 66.83 crs Rs. 67.94 crs Rs. 2.39 crs Rs. 16.50 crs Rs. 2.02 crs Rs. 44.12 crs No. of Credit Lines 9 3 1 2 2 3 Sanction Amt. Rs. 24.80 crs Rs. 10.00
Slide 11: Business Historicals
BUSINESS HISTORICALS Disbursements (In Rs. Crs.) 241 AUM (In Rs. Crs.) 207 518 195 114 427 130 400 246 65 29 37 200 95 104 0 FY'20-21 FY'21-22 FY'22-23 FY'23-24 H1 FY'24-25 0 FY'20-21 FY'21-22 FY'22-23 FY'23-24 H1 FY'24-25 ▪ FY’22-23 is the first growth year post capacity build up ▪ 62%+ y-o-y growt
Slide 12: Financial Historicals
FINANCIAL HISTORICALS Net Worth (In Rs. Crs.) Borrowings (In Rs. Crs.) 133.01 140.23 150 450 375.51 106.42 320.30 100 64.10 300 53.65 162.50 50 150 64.28 78.48 0 0 FY'20-21 FY'21-22 FY'22-23 FY'23-24 H1 FY'24-25 FY'20-21 FY'21-22 FY'22-23 FY'23-24 H1 FY'24-25 ▪ Sequential increase in net worth throu
Slide 13: H1 FY'24-25 Business and Financial Performance
H1 FY’24-25 BUSINESS AND FINANCIAL PERFORMANCE Business Numbers: AUM surpassed the milestone figure of Q2 Q2 Rs. 500 crore, reaching Rs. 517.84 crore, marking a 62% Operating & Financial Performance Y-o-Y (In Crs) Change year-on-year increase FY2024-25 FY2023-24 Income Growth: Interest income grew b
Slide 14: Financial Results: H1 FY2024-25
FINANCIAL RESULTS: H1 FY2024-25 As on Particulars Particulars FTY ended Sep 30, 2024 FTY ended Sep 30, 2023 30-09-2024 30-09-2023 Revenue from Operations Assets Interest Income 38.52 23.93 Cash & Cash Equivalents 21.74 33.25 Fee & Commission income 1.02 1.90 Bank Balances Other than Cash & Cash 22.2
Slide 15: Disclaimer
DISCLAIMER This presentation may contain statements about events and expectations that may be “forward-looking,” including those relating to general business plans and overall growth strategy of Star Housing Finance Limited (“Star HFL"), formerly known as Akme Star Housing Finance Limited, and its a
Slide 16: Thank You
Thank You For any questions, please connect with dinesh.kirupalli@starhfl.com www.starhfl.com
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