Srg Housing Finance Ltd. · NSE:SRGHFL
Srg Housing Finance — Q4 FY24 Earnings Presentation
25 slides from Srg Housing Finance's earnings presentation, May 23, 2024
Slide 1: Exchange filing cover letter
Date: May 23, 2024 To, National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C-1, Block G, 1st Floor, P.J. Towers, Bandra Kurla Complex, Dalal Street, Mumbai-400051 Mumbai-400001 Scrip Symbol- SRGHFL Scrip Code – 534680 Respected Sir/Madam, Subject: Investor Presentation- Q4FY24 Pursuant
Slide 2: Investor Presentation – Q4 & FY24
SRG HOUSING FINANCE LIMITED Investor Presentation – Q4 & FY24
Slide 3: Disclaimer
Disclaimer The information contained in this presentation is only current as of its date. Please note that the past performance of the company is not and should not be considered as, indicative of future results. This presentation may contain certain statements of future expectations and other forwa
Slide 4: About Us
01 ₹ ABOUT US Investor Presentation 3
Slide 5: About Us
About Us A strong retail affordable housing finance company with rich expertise and experience. Primarily cater to the underserved rural and semi urban populace in central and western India. Engaged in providing Individual Housing Loans and Loan Against Property and are the first company in Rajastha
Slide 6: Our Network
OUR NETWORK Rajasthan New Delhi Banswara, Sagwara, Salumber, Jodhpur, Chittorgarh, Sumerpur, Bijainagar, Udaipur, Jaipur, Sirohi, Rajsamand, Pali, Kishangarh, Kota, Bhilwara, Beawar, Shahpura (Bhilwara), Shahpura (Jaipur), Begun, Jaitaran, Kekri, Gangapur (Bhilwara), Partapur, Sojat, Dhairyawad, Mad
Slide 7: Quarterly Highlights
02 Quarterly Highlights Investor Presentation 6
Slide 8: From The MD's desk
From The MD’s desk “We have aggressively grown in our disbursements supported by timely branch expansion over the last 12-18 months. While this may have led to an increase in our cost to income ratio, we expect the same to rationalise as our AUM grows, NIM and Profitability outpaces our branch expan
Slide 9: Key Highlights – Q4 FY24
Key Highlights – Q4 FY24 INR 102.19 Cr. 10.52 % Highest ever disbursement in Spread earned in Q4 Fourth quarter INR 601.59 Cr. INR 120.05 AUM as on 31 March 2024 Book Value per share as on 31st March 2024 INR 283.62 Cr. INR 159.67 Cr. Loans Disbursed on a Shareholder Funds as on TTM basis 31 March 2
Slide 10: Performance Highlights for Q4FY24
Performance Highlights for Q4FY24 Gross Loan Book Loan Disbursal Net Interest CRAR GNPA, NNPA +37.24% YoY +29.13% YoY Income (NII) As on 31st March’24 Lending Rate Loan Spread Shareholders Fund Return on Avg Gearing Ratio +19.82% YoY Equity (ROAE) (Not Annualised) Borrowing Cost Credit Rating BBB (S
Slide 11: Quarterly Income Statement
Quarterly Income Statement Sr .No. Particulars (Rs. Crore) Q4FY24 (3M) Q4FY23 (3M) FY24 (12M) FY23 (12M) 1 New Approvals 121.23 84.91 312.07 201.94 2 Disbursements 102.19 79.14 283.62 190.73 3 Outstanding Loan Book 601.59 438.36 601.59 438.36 4 Interest Income 30.00 22.17 109.50 81.26 5 Fees & Other
Slide 12: Key Performance Indicators (1/3)
Key Performance Indicators (1/3) New Approvals (Rs. Crore) Disbursements (Rs. Crore) AUM (Rs. Crore) 121.23 102.19 601.59 548.37 515.38 79.14 474.40 438.36 84.91 68.09 73.86 60.23 62.28 53.11 54.69 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4 FY24 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4 FY24 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4
Slide 13: Key Performance Indicators (2/3)
Key Performance Indicators (2/3) Loan book break up - Product Category (%) Loan book break up – Cust. Profile (%) 30.16 23.85 23.61 24.06 24.63 25.15 33.86 35.09 35.74 35.70 69.84 76.15 76.39 75.94 75.37 74.85 66.14 64.91 64.26 64.30 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4 FY24 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4
Slide 14: Key Performance Indicators (3/3)
Key Performance Indicators (3/3) Return Ratios (%) Capital Adequacy Cost to Income Ratio (%) 65.42% 36.00 35.18 63.66% 3.95% 33.63 62.88% 62.50% 3.74% 3.64% 32.03 32.40 61.30% 3.18% 3.25% 0.84% 0.82% 0.90% 0.87% 0.94% 0.44 0.41 0.41 0.42 0.49 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4 FY24 Q4FY23 Q1FY24 Q2FY24
Slide 15: Business Overview
03 Business Overview Investor Presentation 14
Slide 16: Our Journey
Our Journey 2015: India's first company to 2017: 1st equity private placement Rs.601 cr AUM as on 31 Mar’24 migrate to the BSE Main in March, 2017. Board. Expanded to 67 branches 1st private placement of NCD in Notified by Ministry of August, 2017. Reached an employee strength Finance to be treated
Slide 17: Experienced Board
Experienced Board Mr. Vinod Kumar Jain Mrs. Seema Jain Mr. Ashok Kabra Mr. Vikas Gupta Managing Director (Promoter) Non-Executive, Non-Independent Director Non-Executive, Independent Director Non-Executive, Independent Director 25 21 20 21 Years Years Years Years Mr. Nishant Badala Mrs. Garima Soni
Slide 18: Team & Advisors (1/2)
Team & Advisors (1/2) Mr. Ashok Modi Mr. Harshil Mehta Chief Financial Officer Business Strategy Advisor • 27+ years of Experience • 28+ years of Experience • Service in SRG- 13 years • Advisory Role in SRG- 2 years Mr. Archis Jain Mr. Vipin Saxena Chief Executive Officer Chief Compliance Officer •
Slide 19: Team & Advisors (2/2)
Team & Advisors (2/2) Mr. Abhishek Surana Mr. Jollee Kumar Shukla Assistant Vice President- Credit Chief Legal Officer • 10+ years of Experience • 17+ years of Experience • Service in SRG- 4 years • Service in SRG- 1 years Mr. Ashish Kothari Mr. Ravi Patel Business Function Head VP - Human Resource
Slide 20: Why Borrowers Prefer SRG
Why Borrowers Prefer SRG Preferred partner Quick sanction In-depth rural to help fulfil and disbursement penetration & dream in process localized affordable (TAT of 15 days) approach housing Prompt response Simple & quick solutions documentation for financial process assistance Investor Presentation
Slide 21: Addressable Target Market
Addressable Target Market The Problem Definition & Need Gap The Solution – SRG Housing Finance Unorganized sector Tailor made products to serve different New to credit profiles, deeper market penetration, Low banking habits leveraging technology for quick processing, Underserved population Assessed
Slide 22: Go To Market Strategy
Go To Market Strategy Channel Partners Leveraging Technologies • Individual DSA • Mitra Application for onboarding providing Leads of • DSA Agencies Customer • Chartered • Sales Application for Accountants smooth disbursement Feet on Street • Tele Marketing Data Analysis process Digital Marketing •
Slide 23: Digital Ecosystem – SRG SRAJAN
Digital Ecosystem – SRG SRAJAN Loan Origination Loan Management Loan Collection Lead Generation & EMI Collection DPD Management through auto-debit Bucketing Customer Repayment Pool Application Form Monitoring Allocation Web & Mobile KYC & Documents Penal Charges Field Visits Application Validation C
Slide 24: Shareholding Pattern
Shareholding Pattern 1 Promoter & Promoter Group 3 Bodies Corporate, HUF & LLP 4 Retail 5 IEPF Investor Presentation 23
Slide 25: Thank You
Investor Relations Contact KAPTIFY® Consulting Strategy & Investors Relations | Consulting Tel: +91-845 288 6099 Email: contact@kaptify.in www.kaptify.in Head Office SRG Housing Finance Ltd 12, Opp Paras JK Hospital, Shubhagpura, Udaipur, Rajasthan 313001, India THANK YOU CIN No:L65922RJ1999PLC01544