Edelweiss Financial Services Limited · NSE:EDELWEISS
Edelweiss Financial Services — Q4FY20 Earnings Presentation
16 slides from Edelweiss Financial Services's earnings presentation, Jul 13, 2020
Slide 1: Cover letter to National Stock Exchange of India
EW/Sec/2020/134 July 13, 2020 National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Dear Sirs, Ref.:- Symbol: EDELWEISS Sub: Investor Presentation Further to the Investor Presentation filed by the Company on July 4, 2020, please find enclosed th
Slide 2: Edelweiss Financial Services Limited Addendum – Q4FY20
Edelweiss Financial Services Limited Addendum – Q4FY20
Slide 3: Contents
Contents 1 Borrowings 3 - Reduction in Borrowings 4 2 Business Wise Reporting 5 - Credit Book 6 - Asset Quality 7 - Profitability 8 3 Key Updates 10 - Conservative Impairments 11 - Update on Retail Portfolio 12 4 Group Balance Sheet 13 - Snapshot of Group Balance Sheet 14 2
Slide 4: Borrowings
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Slide 5: Borrowings Declined By Over INR 16,000 Cr in 18 Months
Borrowings Declined By Over INR 16,000 Cr in 18 Months Borrowings (INR Cr) 50,323 44,760 43,201 40,859 38,695 36,848 33,754 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 De-risking of balance sheet with reduction of borrowings and asset sell-down 4
Slide 6: Business Wise Reporting
Business Wise Reporting Credit Book. Asset Quality. P&L
Slide 7: Credit Book Mix
Credit Book Mix FY20 (INR Cr) Credit EGIA BMU & Corporate Total book % Retail Credit 10,153 314 514 10,982 52% Retail Mortgage 6,539 - - 6,539 31% SME & Business Loans 2,180 26 131 2,337 11% ESOP and Margin Financing 1,303 288 384 1,974 9% Agri and Rural Finance 132 - - 132 1% Corporate Credit 8,951
Slide 8: Asset Quality at a Glance
Asset Quality at a Glance INR Cr Q4FY20 Credit Book 20,922 Of which Stage 3 1,114 ECL Provision 1,081 Of which Stage 3 254 Specific Provision Cover 23% Total Provision Cover 97% 7
Slide 9: PAT Across Businesses
PAT Across Businesses INR Cr FY20 Credit (1,420) EGIA 185 ARC 306 Insurance (367) BMU & Corporate (748) Total Consolidated Pre MI PAT (2,044) 8
Slide 10: Life Insurance Performance Snapshot
Life Insurance Performance Snapshot INR Cr FY19 FY20 Y-o-Y Growth Net Premium Income 855 985 15% Investment Income & Other Income 202 149 (26%) Total Business 1,057 1,134 7% Profit After Tax (270) (273) - Minority (132) (134) - Edelweiss’ Share in PAT (138) (139) - Net Worth 929 749 9
Slide 11: Key Updates
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Slide 12: Q4FY20 Impairment Details
Q4FY20 Impairment Details INR Cr Markdown on assets sold 760 Markdown on assets contracted to be sold 400 Provisions and write-offs 770 Fair valuation of SRs and other investments 670 Total 2,600 Impairments taken on both credit assets and other assets on the balance sheet 11
Slide 13: Retail Credit Repayments Improve; Share of Book Under Moratorium Declines
Retail Credit Repayments Improve; Share of Book Under Moratorium Declines Retail Portfolio Under Moratorium Retail Credit Collections (INR Cr) 474 457 44% 403 30% 24% 234 107 115 Apr'20 May'20 Jun'20 Jan'20 Feb'20 Mar'20 Apr'20 May'20 Jun'20 Increased customer engagement has helped greatly with coll
Slide 14: Group Balance Sheet
Os Ne ‘O8 z oO! Oz LUs ®) Group Balance Sheet
Slide 15: Snapshot Of Group Balance Sheet
Snapshot Of Group Balance Sheet Treasury & Other FY20 (INR Cr) Credit Book SR Investments Other Assets Total Assets Investments Credit 19,104 4,564 4,774 642 29,084 EGIA 314 - 967 1,002 2,284 ARC - 5,407 729 274 6,410 Insurance - - - 874 874 BMU & Corporate 1,613 280 2,733 586 5,212 Total Assets 21,
Slide 16: Safe Harbour
Safe Harbour This document may contain certain forward - looking statements, which are tentative, based on current expectations of the management of Edelweiss Financial Services Limited or any of its subsidiaries and associate companies (“Edelweiss”). The results in future may vary from the forward-
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