Suryoday Small Finance Bank Limited · NSE:SURYODAY
Suryoday Small Finance Bank — Q1 FY23 Earnings Presentation
29 slides from Suryoday Small Finance Bank's earnings presentation, Aug 5, 2022
Slide 1: Exchange cover letter: revised investor presentation
Ref.: SSFB/CS/37/2022-23 Date: August 05, 2022 To, National Stock Exchange of India Limited BSE Limited Listing Department The Corporate Relationship Department Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Mumbai - 400 001 Bandra (E) Mumbai - 400
Slide 2: Suryoday Small Finance Bank Limited Investor Presentation – Q1 FY23
Suryoday Small Finance Bank Limited Investor Presentation – Q1 FY23
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Suryoday Small Finance Bank (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Table of Contents
Tables of Content Q1FY23 – Business Update Guidance & Way Forward Table of Contents Asset Business Update Liability Business Update Financials & Key Ratios
Slide 5: Q1 FY23 – Business Update
9s URYODAY A BANK OF SMILES y 7 ~ ~ = Sy. a ~ Q1 FY23 - Business Update
Slide 6: Performance Highlights - Q1 FY23 (1/3)
Performance Highlights - Q1 FY23 (1/3) Gross Advances ₹5,132.2 • Our Gross Advances for the quarter grew by 28.2%, stood at ₹5,132.2 crores compared to ₹4,004.0 crores same period (+28.2% YoY) last year, while disbursement for the quarter stood at ₹1,012.2 crores, compared to ₹361.0 crores in the sa
Slide 7: Performance Highlights - Q1 FY23 (2/3)
Performance Highlights - Q1 FY23 (2/3) • Our Inclusive Finance Loans, focus on unbanked and underbanked segment contributed 65.9% of the total Asset Mix advances book. The Bank is focusing on increasing the secured portfolio mix including offering secured business IF – 65.9% loans, micro home loans
Slide 8: Performance Highlights - Q1 FY23 (3/3)
Performance Highlights - Q1 FY23 (3/3) One-EMI adjusted • For the month ended 30th June 2022, the bank's one-EMI adjusted collection efficiency was 89.0%, compared to collection efficiency 87.0% for month ended 31st March 2022 - June 22 – 89.0% Branches - 564 • As on 30th June 2022, the bank has 564
Slide 9: Key Metrics – Trends (1/2)
Key Metrics – Trends (1/2) Gross Advances (₹ crores) Disbursements (₹ crores) Customer Base (lakhs) +28% +20% +59% +31% +29% 5,063.4 5,132.2 5,063.4 3,527.9 19.2 20.1 19.2 4,004.0 4,206.0 15.3 14.9 +180% 2,216.6 980.1 1,012.2 361.0 Q1FY22 Q4FY22 Q1FY23 FY21 FY22 Q1FY22 Q4FY22 Q1FY23 FY21 FY22 Q1FY22
Slide 10: Key Metrics – Trends (2/2)
Key Metrics – Trends (2/2) Yield (%) Cost of Funds (%) NIM (%) +40 bps -100 bps +100 bps +150 bps -100 bps +150 bps 18.1% 19.1% 17.8% 18.2% 16.4% 8.0% 9.1% 8.6% 7.4% 7.0% 6.5% 6.4% 7.6% 7.8% 7.1% Q1FY22 Q4FY22 Q1FY23 FY21 FY22 Q1FY22 Q4FY22 Q1FY23 FY21 FY22 Q1FY22 Q4FY22 Q1FY23 FY21 FY22 Cost / Inco
Slide 11: Guidance & Way Forward
9s URYODAY We A BANK OF SMILES , 7, ~ ~ = Sy. a ~ Guidance & Way Forward
Slide 12: Outlook & Way Ahead
Outlook & Way Forward… Loans & Advances Deposits Asset Quality Digital & Technology ▪ JLG normalization to pre-Covid ▪ GNPA at 10.0% and NNPA at 5.0%, ▪ Investments in digital technologies and ▪ Growing retail business at The Story So Far levels [₹800 Cr./ QTR] PCR at 75.1% analytics ₹3,166.9 Cr. [u
Slide 13: With Continued Focus on Customer Experience
With Continued Focus on Customer Experience • Focus on retaining existing customers and adding new to bank customers. • Vikas & Star loan products to offer end to end digital services to customers right from sourcing to collections • Offering and processing small ticket Fixed Deposits (Min ₹1,000) t
Slide 14: Strong Distribution Channel
Strong Distribution Channel Branch Distribution Asset focused outlets 359 Liability focused outlets 92* Rural Centers 113 CG:1 Total 564 DL:3 Note: 15 29 * Includes 26 Composite Branches 40 Geographical Mix of the Branches 34 16 94 Outlets Liability Focused Asset Focused URC 156 Tamil Nadu* 17 66 17
Slide 15: Leading to Enhanced Digital Footprint
Leading to Enhanced Digital Footprint Digital Transactions Transactions via UPI Digital transactions (%) Total transactions 62,42,805 Digital transactions at 92% despite 42,67,259 significant rise in total volumes No. of 28,96,580 95,56,155 Transactions 92% 986 646 ₹ Crores. 432 69,36,875 Q3FY22 Q4F
Slide 16: Asset Business Update
SURYODAY A BANK OF SMILES
Slide 17: Asset Business Update
Asset Business Update Particulars IF CV HL SBL FIG Partnerships Others Total Gross Advances (₹ Crores) 3,382.1 332.8 466.8 258.1 455.8 80.3 156.2 5,132.2 Disbursement – Q1 FY23 (₹ Crores) 709.8 31.6 47.0 41.6 150.0 23.3 9.0* 1,012.2 Collection Efficiency - 1 EMI Restricted Month of June 2022 (%) 88%
Slide 18: Asset Quality
Asset Quality Gross GNPA after NPA Floating Total NNPA GNPA4 NNPA4 PCR2 PCR2 Advances w/off Provisions Provision Provision Product (%) (Incl. (%) (Excl. (₹ Crores)1 (₹ Crores) (₹ Crores) (₹ Crores) (₹ Crores) (₹ Crores) (%) % Tech W/off) Tech W/off) JLG 3,381.5 383.4 125.6 91.3 216.9 166.6 11.3% 5.3
Slide 19: Movement of PAR
Movement of PAR 31.90% 31.10% 28.50% 22.30% 21.50% 20.70% 19.50% 19.20% 19.00% 16.90% 15.70% 13.50% 13.40% 13.40% 12.80% 13.00% 10.90% 10.80% 9.70% 9.90% 9.10% 8.80% 8.40% 7.40% 7.80% 6.40% 6.40% 6.40% 6.70% 3.50%3.30% 4.60% 4.10% 4.10% PAR 1+ PAR 60+ 3.00% 2.90% PAR 30+ PAR 90+ Jun-20’ Sep-20’ Dec-
Slide 20: Liability Update
SURYODAY A BANK OF SMILES
Slide 21: Healthy Balance Sheet
Healthy Balance Sheet Balance Sheet Mix • As on 30th June 2022, Bulk deposits share in total deposits stood at 21.2% • The Bank has Balance sheet liquidity of ₹1,284.1 (representing excess 3.7% liquidity after considering statutory reserves required by RBI) 17.7% • This will be gradually utilized by
Slide 22: Deposit Update (1/2)
Deposit Update (1/2) Deposits CASA Mix ₹ crores 3,317 3, 850 4,020 ₹ crores 536.4 724.0 816.7 77.5 95.6 74.1 14.5% 13.2% 9.1% 3,001.1 3,166.9 2,845.0 78.0% 78.8% 628.3 742.6 458.9 85.8% 86.8% 90.9% 85.6% Q1FY22 Q4FY22 Q1FY22 841.8 853.2 472.1 22.0% 21.2% CA SA 14.2% • Sustainable and steady increase
Slide 23: Deposit Update (2/2)
Deposit Update (2/2) Cost of Deposits Geographic diversification of Deposits 7.3% 4.1% 7.4% -90 bps 8.7% 6.7% 6.5% 39.7% 5.7% 7.7% 26.8% Maharashtra Karnataka Delhi Others Tamil Nadu Gujarat Odisha Q1FY22 Q4FY22 Q1FY23 • The Bank had a total of 92 liability focused branches as on 30th Cost of deposi
Slide 24: Financial & Key Ratios
9s URYODAY We A BANK OF SMILES , 7, ~ ~ = Sy. a ~ Financial & Key Ratios
Slide 25: Financials – Balance Sheet June 2022
Financials – Balance Sheet June 2022 Particulars (figures in ₹ crores) Jun-22 Jun-21 Y-o-Y Mar-22 Q-o-Q Capital and Liabilities Net-worth 1,513.9 1,550.5 -2.4% 1,505.5 0.6% Deposits 4,020.1 3,317.0 21.2% 3,849.8 4.4% Borrowings 2,683.0 1,668.3 60.8% 2,551.3 5.2% Others Liabilities and Provisions 312
Slide 26: Financials – P&L Account Q1FY23
Financials – P&L Account Q1FY23 Particulars (figures in ₹ crores) Q1 FY23 Q1 FY22 Y-o-Y Q4 FY22 Q-o-Q FY22 FY21 Y-o-Y Interest Earned 281.5 215.7 30.5% 236.6 19.0% 941.8 776.1 21.3% Interest Expended 104.4 92.2 13.2% 90.2 15.7% 357.4 365.7 -2.3% Net Interest Income 177.1 123.5 43.4% 146.4 21.0% 584.
Slide 27: Key Metrics
Key Metrics Particulars Unit Q1 FY23 Q1 FY22 Y-o-Y Q4 FY22 Q-o-Q FY22 FY21 Y-o-Y Gross Advances ₹ Crores 5,132.2 4,004.0 28.2% 5,063.4 1.4% 5,063.4 4,206.0 20.4% Disbursement ₹ Crores 1,012.2 361.0 180.4% 980.1 3.3% 3,527.9 2,216.6 59.2% Deposits ₹ Crores 4,020.1 3,317.0 21.2% 3,849.8 4.4% 3,849.8 3
Slide 28: Corporate Social Responsibility
Corporate Social Responsibility • The CSR activities of the Bank are predominantly implemented through Suryoday Foundation. In Q2FY22 Foundation focused on following activities • Selection of Blocks and Areas in 5 identified districts • Partnering with local stakeholders (local NGOs, Banks, Post off
Slide 29: Investor Relations contacts
Investor Relations Advisor : Company : Suryoday Small Finance Bank Limited Strategic Growth Advisors Pvt. Ltd. CIN: L65923MH2008PLC261472 CIN: U74140MH2010PTC204285 Ms. Radhika Gawde Mr. Aakash S Mehta / Mr. Abhishek Shah E: radhika.gawde@suryodaybank.com E: aakash.s.m@sgapl.net / abhishek.shah@sgap
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