Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — IIFL Securities — Q1 FY2023 Earnings Presentation
21 slides from Iifl Capital Services's earnings presentation, Jul 28, 2022
Slide 1: Cover letter to stock exchanges
July 28, 2022 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. Tel no.: 2
Slide 2: Investor Presentation for the quarter ended June 30, 2022
Investor Presentation For the quarter ended June 30, 2022 IIFL Securities Limited July 28, 2022 NSE: IIFLSEC | BSE: 542773
Slide 3: Table of Contents
Table of Contents Slide Section Contents reference Key Highlights & Business Performance 3 - 10 Financial Performance 11 - 13 Corporate & Others 14– 19 2
Slide 4: Key Highlights & Business Performance
Section KEY 01 HIGHLIGHTS & BUSINESS PERFORMANCE 3
Slide 5: Rapidly growing financial power house (Q1FY23)
Rapidly growing financial power house (Q1FY23) ₹ 1,120 Billion ₹ 1,267 Billion 1.6 Lakhs Assets under management & Average daily Customer Custody turnover acquisition y-o-y growth 103% y-o-y growth 140% y-o-y growth 5% 4.5 Lakhs 1,096 ~4.4 Rating Daily New Highest Rated orders Partners Investment Ap
Slide 6: Legacy business in retail broking and distribution
Legacy business in retail broking and distribution o Legacy of about two decades in retail broking and financial product distribution. o Business offerings comprise equity, commodities and currency broking, Demat services, portfolio advisory and distribution of investment products Asset Under Manage
Slide 7: Focus on customer acquisition yielding results
Focus on customer acquisition yielding results Customer Acquisitions (‘000) 223 201 209 163 150 110 100 92 76 45 49 28 25 35 19 16 21 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Average Daily Turnover – Average Daily Turnover
Slide 8: One stop shop for financial products
One stop shop for financial products Product offerings Mutual AIFs PMS IPO Insurance FDs Bonds NPS Loans Funds Life General Health Open architecture model in distribution. MF and Insurance are retail focus products with good long term growth prospects. Insurance premiums amounted to ` 340 Mill
Slide 9: Retail focus on insurance and mutual funds
Retail focus on insurance and mutual funds Mutual Fund AUM (₹ Billion) SIP Transactions (Count) (000’s) 71.3 69.0 148 152 51.5 85 89 90 91 34.4 28.8 28.3 FY18 FY19 FY20 FY21 FY22 Q1FY23 FY18 FY19 FY20 FY21 FY22 Q1FY23 Life Insurance Premium (₹ Million) Non-life Insurance Premium (₹ Million) 1,064 81
Slide 10: Pedigreed Institutional Broking Franchise with Strong Research Capabilities
Pedigreed Institutional Broking Franchise with Strong Research Capabilities Among the top franchises on the street, with offices in Mumbai and New York. 800+ institutional (domestic and foreign) clients. Wide customer base covering sovereign wealth funds, foreign portfolio investors, mutual fu
Slide 11: Leading investment bank in India
Leading investment bank in India IPO IPO QIP Rs. 15,808 Mn IIFL Ranks Rs. #1 in raising 4,128 Mn Equity for private sector Rs. IPOs 8,650for MnFY18 – FY21 Completed 3 transactions including 2 IPO, 1 QIP transaction. Rainbow Children’s eMudhra Indiabulls Real Medicare Estate Filed 7 DRHP in the p
Slide 12: Financial Performance
Section 02 Financial Performance 11
Slide 13: Consolidated results (as per IND AS)
Consolidated results (as per IND AS) Quarter ended June 30, 2022 ` Mn Q1FY23 Q1FY22 Y-o-Y Q4FY22 Q-o-Q Revenue from Operations 2,915 2,506 16% 3,468 (16%) Other income 33 175 (81%) 153 (79%) Total income 2,948 2,681 10% 3,621 (19%) Employee cost 870 663 31% 967 (10%) Finance Cost 187 134 40% 184 2%
Slide 14: Financial trends
Financial trends Total Revenue (₹ Million)* Profit after tax (TCI) (₹ Million)* 13,166 3,057 9,472 8,756 8,678 7,900 2,321^ 2,210 1,798 1,721 2,948 421 FY18 FY19 FY20 FY21 FY22 Q1FY23 FY18 FY19 FY20 FY21 FY22 Q1FY23 Net Worth (₹ Billion)* DPS (₹)** BVPS 19.5 22.9 27.5 32.0 38.9 40.3 29% 24% 33% 14%
Slide 15: Corporate & Others
Section 03 Corporate & Others 14
Slide 16: Elements of our Strategy
Elements of our Strategy Strategy focused on Digital , Research, Technology and Analytics Technology Tech Research Digital Analytics Focus on Experience Rich Engagement and Platform and Strong research and Ecosystem Analytics Systems base • Build the most preferred • Get a global view of • Device ag
Slide 17: Well poised to win - Product Segmentation
Well poised to win- Product Segmentation Retail Institutional Investment Broking Broking Banking • We target the mass market tech • We are the port of call for • We are well-positioned in the savvy customers. most investors, thanks to our investment banking sector, extremely strong research backed b
Slide 18: Led by an independent and illustrious board
Led by an independent and illustrious board R Venkataraman, Managing Director Viswanathan Krishnan, Independent Co-founder of IIFL Director Previous experience with ICICI Bank, 30+ years of diverse experience with Barclays, GE Capital L&T, MCX, SHCIL, Barclays, Deutche MBA from IIM Bangalore
Slide 19: Awards & Recognitions
Awards & Recognitions Excellence in Distribution of Best use of Mobile Technology Financial products award Product Innovation award for award Gemrush/OneUp at Great Indian BFSI awards at Great Indian BFSI awards at Great Indian BFSI awards Sandeep Bharadwaj received the CEO of the year Nandkishore P
Slide 20: Corporate Social Responsibility
Corporate Social Responsibility Gulabi Gaon - Development of marketplace for women & Livelihood development IIFL Foundation have setup a Business Hub (Bazar Haat) and Community Hall for local businesses to promote livelihood for villagers. A special emphasis is given to promote women entrepreneu
Slide 21: Thank You
Published in July 2022 IIFL Securities Limited This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an offer or solicitation for THANK the purchase and sale of any financial instrument. Any action taken by you on the