Shriram Finance Limited · NSE:SHRIRAMFIN
Shriram Finance — Shriram Transport Finance Company — Q4 FY21 Earnings Presentation
25 slides from Shriram Finance's earnings presentation, Apr 29, 2021
Slide 1: Filing cover letter to BSE and NSE
SEC/FILING/BSE-NSE/21-22/68A-B April 29, 2021 BSE Limited National Stock Exchange of India Limited P. J. Towers, Listing Department Dalal Street, Fort, Exchange Plaza, 5th Floor, Mumbai – 400 001. Plot no. C/1, G- Block, Scrip Code: 511218 Bandra-Kurla Complex, Mumbai – 400 051. NSE Symbol: SRTRANSF
Slide 2: Q4 & FY21 Investor Update
Shriram Transport Finance Company Ltd Q4 & FY 21 Investor Update April 29, 2021
Slide 3: Business Update
We SHRIRAM A WINNING RELATIONSHIP
Slide 4: Business Update
BUSINESS UPDATE Post moratorium, the collections for Q3FY21 and Q4FY21 were 97.48% and 103.31% of the demand respectively. The Company invoked resolution plan to relieve COVID – 19 pandemic related stress to eligible Borrowers worth Rs. 22,670 mn, out of which as on December 31, 2020 the Company
Slide 5: Business Update: Additional ECL provision for COVID-19
BUSINESS UPDATE Additional Expected Credit Loss (ECL) provision on Loans on account of COVID – 19 Cumulative Particulars (Rs. mn) Q4FY20 Q1 FY21 Q2 FY21 Q3FY21 Q4FY21 FY21 provision till March 31 2021 COVID – 19 provision 9,096.40 9,561.50 4,166.50 2,248.20 842.20 16,818.40 25,914.80 The above addit
Slide 6: Performance Highlights – Q4 FY21 vs Q4 FY20
Performance Highlights – Q4 FY21 vs Q4 FY20 Q4 FY21 Rs 44,978.7 mn Total Income 7.95% Q4 FY20 Rs 41,664.8 mn Q4 FY21 Rs 21,511.2 mn Net Interest Income* 9.65% Cost to income ratio at 21.96 % in Q4 FY21 as *including Direct assignment Income Q4 FY20 Rs 19,617.4 mn compared to 25.44% in Rs. 71.1 Mn
Slide 7: Performance Highlights – FY21 vs FY20
Performance Highlights – FY21 vs FY20 FY21 Rs 174,364.0 mn Total Income 5.19% FY20 Rs 165,757.6 mn FY21 Rs 81,671.0 mn Net Interest Income* 0.74% Cost to income ratio at 21.20% in FY21 as *including Direct assignment Income FY20 Rs 81,069.8 mn compared to 23.31% in Rs. 860.1 Mn (FY20 Rs 219.4 Mn)
Slide 8: Performance Highlights – FY21 vs FY20
Performance Highlights – FY21 vs FY20 Q4 FY21 Rs 1,172,428.3 mn AUM 6.83% Q4 FY20 Rs 1,097,492.4 mn Gross Stage 3 assets 9.64% Q4 FY21 Rs 82,952.1 mn CRAR at 22.50% as of Q4 FY20 Rs 91,797.1 mn Q4 FY21 compared to 21.99% as of Q4 FY20. Q4 FY21 Rs 48,066.8 mn Net Stage 3 assets 19.77% Q4 FY20 Rs 59
Slide 9: AUM Break-up
AUM Break-up Y Particulars (Rs. mn) Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 YoY (%) QoQ (%) FY20 FY21 YoY (%) o Loan Portfolio - On Books Balance sheet assets 8,73,971.2 8,76,987.8 8,73,031.2 9,03,375.7 9,27,102.1 6.08% 2.63% 8,73,971.2 9,27,102.1 6.08% Securitised assets 2,11,045.9 2,28,830.4 2,44,
Slide 10: Segment-wise Break up
Segment-wise Break up Others, 0.04% Others, 0.05% Working Capital Working Capital Loans, Loans, 2.32% 3.08% HCVs and CEs, HCVs and CEs, 46.13% Business 47.51% Business Loans, 2.34% Loans, 1.74% Tractors, 2.72% Tractors, 2.90% Q4 FY21 Q4 FY20 Passenger Vehicles, 20.99% Passenger Vehicles, 22.03% M&LC
Slide 11: Branch & AUM distribution – Q4 FY21 vs Q4 FY20
Branch & AUM distribution – Q4 FY21 vs Q4 FY20 Urban, Rural, Urban, Rural, Branch (Nos) 227 992 AUM (Rs in bn) 178.2 577.4 Q4 FY21 Q4 FY21 Total Branch 1,817 Total AUM Rs Semi- 1,172.4 bn Semi- Urban, Urban, 598 416.8 Urban, Rural, Urban, 221 Rural, 964 184.5 523.5 Q4 FY20 Total AUM Q4 FY20 Total Br
Slide 12: Well-entrenched Pan India Network
Well-entrenched Pan India Network Zonal Split of Branches ABBREVIATIONS Zone Zone Name ZOADH HYDERABAD ZONE ZORPR, 97 ZOADH, 180 ZODHP DELHI ZONE ZOPUN, 160 ZOECE RANCHI ZONE ZODHP, 49 ZOECE, 108 ZOCHN CHANDIGARH ZONE ZOIND, 138 ZOGRA AHMEDABAD ZONE ZOCHN, 59 ZONCE LUCKNOW ZONE ZOWON, 81 ZOSO1 CHENN
Slide 13: Provision Analysis
Provision Analysis Q2 FY21 as Q3 FY21 as per per Particulars (Rs. mn) Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 YoY (%) QoQ (%) FY20 FY21 YoY (%) Supreme Supreme court order court order Gross Stage 3 91,797.1 89,307.5 82,171.2 81,704.3 82,952.1 -9.64% 1.53% 91,797.1 82,952.1 -9.64% 72,656.1 61,208.0 E
Slide 14: P&L Statement
P&L Statement Particulars (Rs. mn) Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 YoY (%) QoQ (%) FY20 FY21 YoY (%) Interest income 41,387.2 41,273.6 43,271.1 44,125.5 44,676.4 7.95% 1.25% 1,64,773.1 1,73,346.6 5.20% Interest expended 21,769.8 22,848.2 23,018.9 22,643.3 23,165.2 6.41% 2.30% 83,703.3 91,675
Slide 15: Balance Sheet
Balance Sheet Particulars (Rs. mn) Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 YoY (%) QoQ (%) I. ASSETS Financial Assets Cash and cash equivalents 30,889.9 32,865.8 29,250.8 37,983.0 1,10,509.3 257.75% 190.94% Bank Balance other than above 42,259.3 39,932.7 63,006.2 46,942.9 53,908.9 27.57% 14.84% Derivativ
Slide 16: Balance Sheet (Continued)
Balance Sheet (Continued) Particulars (Rs. mn) Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 YoY (%) QoQ (%) II. Liabilities and Equity Financial Liabilities Derivative financial instruments - - - - - - - Payables 1,449.7 1,129.8 1,244.4 1,565.6 2,564.2 76.88% 63.78% Debt Securities 3,42,669.6 3,38,829.9 3,25,
Slide 17: Key Metrics – Q4 FY21
Key Metrics – Q4 FY21 P&L Metrics (Rs. mn) Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 YoY (%) QoQ (%) FY20 FY21 YoY (%) Interest Income 41,387.2 41,273.6 43,271.1 44,125.5 44,676.4 7.95% 1.25% 1,64,773.1 1,73,346.6 5.20% Less: Interest Expenses 21,769.8 22,848.2 23,018.9 22,643.3 23,165.2 6.41% 2.30% 8
Slide 18: Borrowing Profile as on March 31, 2021 vs March 31, 2020
Borrowing Profile as on March 31, 2021 vs March 31, 2020 Rs 1,061.96 bn Rs 943.72 bn Bonds, Bonds, 20.98% Other External 22.95% Borrowing, External Commercial 2.19% Commercial Bond, 16.74% Borrowing, Term Loan, 4.56% 16.09% Public Deposit, External External 12.63% Commercial Commercial Q4 FY21 Borro
Slide 19: Borrowing Profile as on March 31, 2021 vs December 31, 2020
Borrowing Profile as on March 31, 2021 vs December 31, 2020 Rs 1,061.96 bn Rs 962.60 bn Bonds, Bonds, 20.98% 21.32% External External Commercial Commercial Bond, 16.74% Bond, 12.83% Term Loan, Term Loan, 16.09% 15.83% External External Commercial Commercial Borrowing, Q4 FY21 Borrowing, Q3 FY21 4.27
Slide 20: ALM statement on March 31, 2021
ALM statement on March 31, 2021 Over one Over 2 Over 3 Over 6 Over one Over 3 to Particulars (Rs. Bn) One month month to 2 months to months to months to year to 3 Over 5 years Total 5 years months 3 months 6 months one year years Total Outflows 47.31 27.09 33.00 104.90 185.38 497.88 122.15 302.36 1,
Slide 21: Shareholding Pattern as on March 31, 2021 vs March 31, 2020
Shareholding Pattern as on March 31, 2021 vs March 31, 2020 No. of shares outstanding: 253.06 mn No. of shares outstanding: 226.88 mn Other Other Public, Public , MF/Bank/Ins Corporate Corporate 5.64% 6.30% Promoters & urance , Body , Promoters & Body , 0.19% 0.23% Promoters 6.44% Promoters MF/Bank/
Slide 22: Has Attracted Strong Interest from Quality Investors
Has Attracted Strong Interest from Quality Investors Current Consistent track record and high growth potential has attracted reputed institutional and Key Shareholders Shareholding % private equity investors to infuse growth capital (Mn Shares) Last two fund raising : 66.96 26.46 Shriram Capital
Slide 23: Contact Us
Contact Us For any Investor Relations queries please contact Sanjay K. Mundra Shriram Transport Finance Co. Ltd Email: smundra@stfc.in Tel. No. +91-22-4095 9507 22
Slide 24: About Us
About Us About Shriram Transport Finance Co. Ltd. Shriram Transport Finance Co Ltd. is one of the largest asset financing NBFCs in India with Assets on Balance sheet of Rs. 117,243 crores. The company is a leader in organized financing of pre-owned trucks with strategic presence in 5-10 year old tru
Slide 25: Thank You
We SHRIRAM A WINNING RELATIONSHIP Thank You ~ eer
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