Paisalo Digital Ltd. · NSE:PAISALO
Paisalo Digital — Q1 FY2024 Earnings Presentation
24 slides from Paisalo Digital's earnings presentation, Jul 24, 2023
Slide 1: Cover letter to stock exchanges
Date: July 24, 2023 The Manager The Listing Department Department of Corporate Relationship National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex 25th Floor P. J. Towers, Dalal Street Bandra (East) Mumbai -400 001 Mumbai -400 051 Scrip Code: 532900 (Equity) SCRIP
Slide 2: Investor Presentation Q1 FY 2024
2024 INVESTOR PRESENTATION Q1 FY 2024
Slide 3: Presentation path
Presentation 01 Financial Summary path 02 03 Overview Financial Performance
Slide 4: Financial Summary
FINANCIAL _SUMMARY QIFY 2024
Slide 5: Paisalo Snapshot Q1 FY 2024
2 Paisalo Snapshot Q1 FY 2024 AUM Revenue Networth `36,444 mn `1,362 mn `11,954 mn YoY Growth - 34% YoY Growth - 21% YoY Growth - 14% A good quarter for the Company across balance sheet growth, portfolio qualityand profitability. Overall, strong start to the fiscal.
Slide 6: Paisalo Snapshot Q1 FY 2024
3 Paisalo Snapshot Q1 FY 2024 PAT `384 mn CAR NNPA YoY Growth - 84% 40.41 % 0.04 % A good quarter for the Company across balance sheet growth, portfolio qualityand profitability. Overall, strong start to the fiscal.
Slide 7: Paisalo Snapshot Q1 FY 2024
4 Paisalo Snapshot Q1 FY 2024 Highest ever AUM of `36,444 Mn. AUM as at Q1 FY 2024 was up 34.11% at `36,444 mn as against Q1 FY 2023 at `27,174 mn. Total geographic footprint stood at to 1377 touchpoints across 18 states, in the quarter. In Q1, the company added 325 new touch points. The company con
Slide 8: Paisalo Snapshot Q1 FY 2024
5 Paisalo Snapshot Q1 FY 2024 Paisalo has written off bad debts totaling to INR 13 mn and has recovered old written off bad debts worth INR 108 mn in Q1 FY 2024. This has impact of INR 95 mn positive to bottom line. The Tangible Networth is INR 11,954 mn versus Bank Borrowings (secured) INR 12,890 m
Slide 9: Paisalo Snapshot Q1 FY 2024
6 Paisalo Snapshot Q1 FY 2024 The Board of Directors proposed a Dividend of 10% on fully paid equity share of Re. 1/- each, for FY 2023 The Company continues to invest in teams and technology for business transformation. Given the deep investments being committed we are on track in business transfor
Slide 10: Overview
OVERVIEW
Slide 11: What do we Stand For
8 What do we Stand For 1. Disruption 2. High Tech : High Touch Revolutionizing and Disrupting Rural Credit Engage and transact without friction to deliver a sustainable business model 3. Innovation 4. Business Construct Focus on continuous innovation to transform Deliver a sustainable NNPA of <2% cu
Slide 12: Uniquely Positioned for Growth
9 Uniquely Positioned for Growth 1. Leader with a huge Early Mover 2. Offering easiest and cheapest advantage in “Co-Lending” product in its market segment 3. Access to almost unlimited capital, 4. Negligible ‘Liquidity Risk’ relative to size 5. Negligible ‘Credit Risk’ 6. Negligible ‘ALM Risk’
Slide 13: Key strategic differentiators
10 Key strategic differentiators 1. Leader with a huge Early Mover 2. A Unique and Scalable business advantage in “Co-Lending” model 3. In-house Proprietary Digital 4. Serviced 1.9 Mn+ customers Platform uses Data, AI and ML 5. Paisalo has strong Brand 6. Team of 1854 managing 1377 touch Recognition
Slide 14: Executive Summary
11 Executive Summary Engaged in the business of providing convenient and easy loans to the financially excluded at bottom of India's economic pyramid Lending business with an AUM of `36,444 Mn Already serviced more than 1.9 million+ customers An experienced team of 1854 managing 1377 touch points in
Slide 15: Financial Performance
1} ] FINANCIAL | PERFORMANCE " |
Slide 16: Financial (quarterly)
13 FINANCIAL (`in Millions, *Cumulative) PARTICULARS Q1 FY 2023 Q2 FY 2023* Q3 FY 2023* Q4 FY 2023* Q1 FY 2024 AUM 27,174 29,767 30,107 34,928 36,444 Disbursements 4,752 10,810 16,239 25,996 7,648 Revenue l,126 2,329 3,552 4,732 1,362 PBT 287 613 984 l,262 520 PAT 209 451 730 936 384 Net Worth 10,45
Slide 17: Financial (annual)
14 FINANCIAL (`in Millions, *Cumulative) PARTICULARS FY 2021 FY 2022 FY 2023 Q1 FY 2024 AUM 23,178 26,973 34,928 36,444 Interest Income 3,115 3,922 4,732 1,362 NIM 4.05 % 4.03 % 5.50 % 5.80% PAT 609 793 936 384 Cash Accrual 646 819 950 392 Net worth 8,619 10,241 11,610 11,954 Total Debt 14,814 15,98
Slide 18: Financials - Critical Ratios
15 FINANCIALS - Critical Ratios (INR in Millions) PARTICULARS FY 2021 FY 2022 FY 2023 Q1 FY 2024 Tangible Net Worth (TNW) 8,619 10,241 11,610 11,954 Bank Borrowings (BB) 7,412 79,588 13,018 12,890 Total Outside Liabilities (TOL) 14,814 15,989 18,567 18,818 BB / TNW (Times) 0.86 0.94 1.12 1.08 TOL /
Slide 19: AUM and Revenue
16 AUM REVENUE `in Millions `in Millions `36,444 Q1 FY 2024 `1,362 `34,928 FY 2023 `4,732 `26,973 FY 2022 `3,922 `23,178 FY 2021 `3,115 `21,119 FY 2020 `3,375
Slide 20: Net Worth and CAR
17 NET WORTH CAR `in Millions `11,954 Q1 FY 2024 40.41% `11,610 FY 2023 40.34% `10,241 FY 2022 42.92% `8,619 FY 2021 44.47% `7,603 FY 2020 43.06%
Slide 21: ROA and ROE
18 ROE ROA `in Millions 12.65% Q1 FY 2024 4.88% 7.90% FY 2023 3.02% 7.78% FY 2022 3.09% 7.07% FY 2021 2.66% 7.15% FY 2020 2.61%
Slide 22: Shareholding Pattern | Credit Rating
19 Shareholding Pattern | Credit Rating AS AT Q1 FY 2024 PAISALO DIGITAL LIMITED NSE : PAISALO BSE : PAISALO BLOOMBERG : PAISALO:IN 32.41% 23.99% 43.60% PROMOTER & FIIS AND DIIS PUBLIC PROMOTERS GROUP IVR ‘AA- (Stable Outlook)’ IVR ’A1+’ (for Commercial Paper)
Slide 23: Safe Harbor Statement
20 Safe Harbor Statement PAISALO DIGITAL LIMITED NSE : PAISALO BSE : PAISALO BLOOMBERG : PAISALO:IN This document contains certain forward – looking statements based on current expectations of Paisalo Digital Limited ’s management. Actual Results may vary significantly from the forward - looking sta
Slide 24: Thank You
THANK YOU Phone : +91 11 43-51-8888 Email : ir@paisalo.in Website : www.paisalo.in