Sundaram Finance Limited · NSE:SUNDARMFIN
Sundaram Finance — 9M FY2019 Earnings Presentation
16 slides from Sundaram Finance's earnings presentation, December 2018
Slide 1: Performance Highlights Apr-Dec 2018
PERFORMANCE HIGHLIGHTS Apr-Dec 2018
Slide 2: Disbursements and AUM
Disbursements and AUM ` in Cr. % Growth Disbursements AUM 13000 4.9% 31000 14.4% 24.3% 12000 21.6% 26000 12684 11000 12097 21000 28102 24555 10000 16000 9000 11000 Apr-Dec 2017 Apr-Dec 2018 31-Dec-2017 31-Dec-2018 AUM - Assets Under Management
Slide 3: Disbursements: Asset wise and Region wise
Disbursements 4.5% 3.6% 4.2% Apr-Dec 2017 5.5% Apr-Dec 2018 9.3% Asset wise 10.9% ` 12097 Cr. 52.3% ` 12684 Cr. 53.1% 30.3% 26.3% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 3.5% 3.8% 12.3% Region wise 11.7% 19.3% ` 12684 Cr. 20.3% ` 12097 Cr. 63.9
Slide 4: AUM: Asset wise and Region wise
AUM 4.4% 31-Dec-2017 4.7% 5.3% 5.0% 31-Dec-2018 7.8% 9.3% Asset wise ` 24555 Cr. 53.0% ` 28102 Cr. 52.7% 30.1% 27.7% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 3.4% 3.6% 13.1% 12.5% Region wise 18.7% ` 28102 Cr. 18.9% ` 24555 Cr. 65.2% 64.5% South
Slide 5: Funding Mix
Funding Mix 45.0% Total 31-Dec-2017 31-Mar-2018 31-Dec-2018 39.3% 40.0% 36.7% Borrowing ₹ 23176 Cr. ₹ 24085 Cr. ₹ 26788 Cr. 35.7% 35.0% 30.0% 24.1% 25.0% 22.2% 24.2% 19.9% 20.1% 20.0% 17.7% 15.0% 11.1% 10.9% 13.3% 11.0% 10.0% 8.3% 5.5% 5.0% 0.0% Debentures Securitisation Bank Loan * Deposits Commerc
Slide 6: Profit & Loss Statement
Profit & Loss Statement ` in Cr. Quarter ended 9 months ended Particulars 31-Dec-2018 30-Sep-2018 31-Dec-2017 31-Dec-2018 31-Dec-2017 Revenue from Operations 845.54 806.79 701.29 2404.52 1978.14 Other income 5.76 4.25 21.50 13.40 29.69 Total Revenue 851.30 811.04 722.79 2417.92 2007.83 Finance Costs
Slide 7: Profit Reconciliation
Profit Reconciliation ` in Cr. Quarter ended 9 months ended 31-Dec-2017 31-Dec-2017 PAT as per IGAAP 153.70 431.02 Impact – Merger / Demerger * (7.19) (27.64) PAT adjusted for Demerger 146.51 403.38 Impact on transition to Ind AS: EIR on Financial assets 5.95 12.96 EIR on Financial liabilities 1.06
Slide 8: Balance Sheet
Balance Sheet ` in Cr. Particulars 31-Dec-2018 31-Dec-2017 31-Mar-2018 ASSETS Financial Assets 29143.67 24309.77 25247.97 Non-Financial Assets 501.86 549.59 568.40 Total - ASSETS 29645.53 24859.36 25816.37 LIABILITIES AND EQUITY Financial Liabilities 25142.50 20802.48 21612.33 Non-Financial Liabilit
Slide 9: Key Ratios
Key Ratios Net worth (Rs in Cr.) Book value per share (Rs) Debt Equity CRAR 6.0 17.6% 17.0% 18.0% 5500 400 17.0% 400 5.0 4500 373 16.0% 15.4% 360 3500 4.0 15.0% 350 14.0% 2500 4440 5.6 4140 3.0 5.0 5.1 13.0% 4003 300 1500 12.0% 2.0 500 250 11.0% 31-Dec-2017 31-Mar-2018 31-Dec-2018 1.0 10.0% 31-Dec-2
Slide 10: Portfolio Quality
Portfolio Quality Gross NPA % Net NPA % 3.00% 2.50% 2.00% 1.73% 1.79% 1.50% 1.29% 1.22% 0.98% 1.00% 0.72% 0.50% 0.00% 31-Dec-2017 31-Mar-2018 31-Dec-2018 Gross & Net NPA corresponds to stage 3 assets, calculated as per Expected Credit Loss model in line with Ind AS.
Slide 11: Branch Network
Branch Network No. of Branches : 654 31-Dec-2018 No. of Employees : 4050 68 40 160 386 South North West East
Slide 12: Subsidiary Companies (As per IGAAP)
Subsidiary Companies (As per IGAAP)
Slide 13: Sundaram BNP Paribas Home Finance
Sundaram BNP Paribas Home Finance ` in Cr. Particulars 31-Dec-2018 31-Dec-2017 31-Mar-2018 Disbursements 1822 1886 2626 -Housing 68% 62% 63% -Non-Housing 32% 38% 37% AUM 8866 8100 8358 -Housing 69% 69% 69% -Non-Housing 31% 31% 31% PAT 120 129 145 EPS (₹) *15.77 *16.95 14.33 Net worth 1226 1133 1149
Slide 14: Royal Sundaram
Royal Sundaram ` in Cr. Particulars 31-Dec-2018 31-Dec-2017 31-Mar-2018 Gross Written Premium 2458 1944 2643 PAT 93 67 83 Net worth 1113 1014 1024 Combined Operating Ratio 108.1% 109.1% 108.9% Employees 2092 1951 1955
Slide 15: Sundaram Asset Management
Sundaram Asset Management ₹ in Cr. Particulars 31-Dec-2018 31-Dec-2017 31-Mar-2018 Average AUM 34,499 35,765 35,982 -Equity 20,970 17,528 18,386 -Debt 13,529 18,237 17,596 PAT 15 38 38 Net worth 215 195 210 Employees 343 323 328 Retail Investors 11,68,292 10,95,517 11,22,438
Slide 16: Disclaimer
Disclaimer This document is for information purposes only and is not and does not form part of an invitation/ offer / advertisement / advise to purchase or sell any securities of the Company. The materials and information contained in the document are prepared by the Company and are correct and accu