Olp Financial Services Pakistan Limited · PSX:OLPL
Olp Financial Services Pakistan — ORIX Leasing Pakistan — Investor Presentation (October 2021)
26 slides from Olp Financial Services Pakistan's investor presentation, Oct 27, 2021
Slide 1: Corporate Briefing
ORIX Leasing Pakistan Limited CORPORATE BRIEFING October 27, 2021
Slide 2: Agenda
Agenda 1 Company Profile 2 Governance 3 Rebranding of the Company 4 Operations 5 Financial Performance ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 2
Slide 3: Company Profile
Company Profile ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 3
Slide 4: ORIX Leasing Pakistan Limited – Company Overview
ORIX Leasing Pakistan Limited – Company Overview Incorporated Initial Paid-up Capital Credit Rating 10 Million Established in July 1986 as a joint venture between ORIX Long Term Short Term AA+A1+ Corporation, Japan Entity Rating by PACRA: March 03, 2021 and Local investors. Paid-up Capital – Jun21 T
Slide 5: Subsidiaries & Associates
ORIX Leasing Pakistan Limited – Company Overview Subsidiaries & Associates Yanal Finance ORIX Services Pakistan ORIX Modaraba - Company SAMA Finance SAE - (Private) Limited - Subsidiary (formerly Saudi ORIX Held for sale Subsidiary Leasing Company) - Associate ORIX LEASING PAKISTAN LIMITED | Corpora
Slide 6: Governance
Governance ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 6
Slide 7: Governance Structure
Governance Structure Audit MANCOM Committe e HR Nomination and Credit Remuneration Committe Committee e BO CE D Asset Liability O Risk Committe Managem e ent Committee Informatio n Credit Technolog Committe y Steering e Committee ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday
Slide 8: OLP's Risk Management Framework
OLP’s Risk Management Framework 1ST Line of Defense 3RD Line of Defense 2ND Line of Defense OLP’s Risk Management Governance Risk Management Compliance Framework is overseen by Board’s • Board approved • Performs both First • Checks adherence Risk Committee and policies and Second line to laws and •
Slide 9: Operations
Operations ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 9
Slide 10: OLP Products
OLP Products ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 10
Slide 11: OLP Strategy
OLP Strategy OLP focus will be Alliances with on increasing its vendors / client base manufacturers for co-marketing Product Product Emphasis on diversification to differentiation transparency take advantage of to retain IFS license competitiveness ORIX LEASING PAKISTAN LIMITED | Corporate Briefing
Slide 12: Distribution Zones
Distribution Zones FAISALABA HYDERABA ISLAMABA MICRO KARACHI LAHORE MULTAN PESHAWAR SIALKOT D D D FINANCE KOT BAHAWALPU ABBOTABA GUJRANWAL JALLO JHANG SUKKUR CHAKWAL CLIFTON ABDUL BHALWAL MALIK R D A MORRE KHALID KOT THOKAR RAHIM YAR SILLANWA SAHIWAL MIRPUR BIN KOHAT GUJRAT ABDUL WALEED NIAZ BAIG KH
Slide 13: Financial Performance
inancial Performance ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 13
Slide 14: Performance Highlights
ORIX Leasing Pakistan Limited – Performance Highlights FY FY 2018 FY FY 2017 2019 FY 2021 PAT: Rs.1,380M 2020 PAT: Rs.841M PAT: Rs. 1,023M PAT: Rs. 915M EPS: Rs. 8.40/share PAT: Rs. 702M EPS: Rs. 6.12/share EPS: Rs. 5.22/share EPS: Rs. 9.42/share EPS: Rs. 4.00/share Cash Dividend: Rs. Cash Dividend:
Slide 15: Performance Highlights
Performance Highlights 201 201 201 202 202 7 8 9 0 1 Disburseme 15.0 17.2 13.9 9.1 16.5 nt Rs. in Billion No. of 3,180 3,289 2,703 1,627 2,813 Contracts No. of Customers7,039 7,128 6,839 5,913 5,553 ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 15
Slide 16: Performance Highlights – Portfolio by Sector
Performance Highlights Portfolio Individuals Sector (Rs. in ‘000) Goods Transport Individuals 5,836,190 Public Transport 17% Goods Transport 2,721,547 27% Public Transport 1,594,143 Distributor 2% Distributor 1,576,814 Services 3% Services 1,474,531 Textile & Allied 4% Textile & Allied 1,370,689 6%
Slide 17: Financial Performance
Financial Performance Profit or Loss 2017 2018 2019 2020 2021 Amount in Rs. million Income from operations 3,434 3,478 3,856 4,048 3,278 Other income 368 896 273 359 368 Share of profit from associates 229 98 51 28 35 Total income 4,031 4,472 4,180 4,435 3,681 Finance cost 1,586 1,390 1,542 1,845 1,
Slide 18: Financial Performance
Financial Performance Statement of Financial June June June June June Position 2017 2018 2019 2020 2021 Amounts in Rs. million Net investment in finance lease 16,743 17,917 17,287 13,488 13,209 Finances and loans 3,605 4,460 4,714 4,501 7,526 Investments 3,635 2,341 2,375 2,772 2,278 Other assets 2,
Slide 19: Financial Performance
Financial Performance Net interest margin (%) Return on equity (%) Return on assets (%) 25% 23.5% 20% 19.5% 15% 13.4% 11.9% 10.9% 10% 10.2% 10.9% 8.5% 9.0% 7.4% 5% 5.2% 3.9% 3.9% 3.2% 2.9% 0% 2017 2018 2019 2020 2021 ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 19
Slide 20: Financial Performance
Financial Performance Total income to earning assets SGA to total income 35% 30% 31% 28% 25% 25% 26% 24% 20% 21% 18% 17% 15% 16% 16% 10% 5% 2017 2018 2019 2020 2021 Equity to total assets Capital adequacy ratio 40% 36% 34% 31% 27% 33% 32% 17% 27% 20% 25% 14% 0% 2017 2018 2019 2020 2021 ORIX LEASING
Slide 21: Financial Performance
Financial Performance Amount in Rs. millions 4,466 7,249 8,013 8,526 6,028 8,234 Equity 5,276 4,259 4,869 COD 4,407 Bank 13,343 11,774 11,386 8,454 9,203 2017 2018 2019 2020 2021 Borrowing 19,371 17,050 15,645 12,861 14,072 D/E Ratio 4.34 2.35 1.95 1.56 1.65 (times) ORIX LEASING PAKISTAN LIMITED | C
Slide 22: Financial Performance
Financial Performance Price to Book Ratio 0.8 0.7 0.5 0.5 0.5 2017 2018 2019 2020 2021 P/E Multiple Dividend payout 7 89% 10 0% 6 77% 90 % 80 % 5 61% 70 % 4 50% 50% 60 % 50 % 3 40 % 2 30 % 20 % 1 4.27 5.18 4.02 5.81 4.94 10 % 0 0% 2017 2018 2019 2020 2021 ORIX LEASING PAKISTAN LIMITED | Corporate Br
Slide 23: Rebranding of the Company
Rebranding of the Company ORIX LEASING PAKISTAN LIMITED | Corporate Briefing Session - Wednesday, 23
Slide 24: Rebranding of the Company
Rebranding of the Company • OLP’s Board of Directors has decided to rebrand the Company in line with the Company’s vision of enhancing its corporate image as an SME focused financial services company. The proposed new name of the Company is: ORIX OLP LEASING FINANCIAL PAKISTAN SERVICES LIMITED PAKIS
Slide 25: Rebranding of the Company
Rebranding of the Company • OLP has traditionally focused on the leasing of productive plant and machinery and transportation assets. Over the past 35 years, OLP has played an important role in the development of the leasing industry in Pakistan and is currently the largest player in the leasing ind
Slide 26: Thank You
Thank You 26
ORIX Leasing Pakistan — Investor Presentation (October 2021) on 6ix