Suryoday Small Finance Bank Limited · NSE:SURYODAY

Suryoday Small Finance Bank — Q3 FY24 Earnings Presentation

26 slides from Suryoday Small Finance Bank's earnings presentation, Feb 8, 2024

  1. Slide 1: Exchange cover letter for investor presentation

    February 08, 2024 Ref.: SSFB/CS/104/2023-24 To, National Stock Exchange of India Limited BSE Limited Listing Department The Corporate Relations Department Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai —400 051 Mumbai — 400 00

  2. Slide 2: Investor Presentation – Q3 & 9M FY24

    Suryoday Small Finance Bank Limited Investor Presentation – Q3 & 9M FY24

  3. Slide 3: Table of Contents

    TABLE OF CONTENT Business Update Asset Business Update Liability & Liquidity Update Financials & Key Ratios Guidance & Way Forward Corporate Social Responsibility

  4. Slide 4: Safe Harbour

    Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Suryoday Small Finance Bank (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any

  5. Slide 5: Business Update Q3 & 9M FY24

    SURYODAY ‘A BANK OF SMILES Business Update Q3 & 9M FY24 ti wn PRGMEn ATTY um ann : mm wn mnt -- " =-- Pe woe ne me

  6. Slide 6: Performance Highlights – 9M FY24

    Performance Highlights – 9M FY24 Gross Advances Disbursements Asset Mix Collection Efficiency ₹7,600* ₹4,580 IF – 58% (one EMI adjusted) (+40.5% YoY) (+34.9% YoY) Others – 42% 95.6% (96.0% Dec-22) Deposits Retail# : Bulk CASA Cost of Funds ₹6,484 Deposit 18.5% - ₹1,199 7.3% (+38.1% YoY) (82.5% : 17.

  7. Slide 7: Key Metrics – Q3 & 9M FY24

    Key Metrics – Q3 & 9M FY24 Gross Advances (₹ crores)* Disbursements (₹ crores) Deposits (₹ crores) 9.8% Q-o-Q 40.5% Y-o-Y 12.2% Q-o-Q 34.9% Y-o-Y 1.5% Q-o-Q 38.1% Y-o-Y 6,921 7,600 7,600 6,388 6,484 6,484 4,580 5,408 5,408 4,697 4,697 4,106 4,425 4,425 3,396 3,314 3,314 1,598 1,792 2,094 2,815 3,174

  8. Slide 8: Key Metrics – Q3 & 9M FY24

    Key Metrics – Q3 & 9M FY24 Yield (%) Cost of Funds (%) NIM (%) 16 bps Q-o-Q 156 bps Y-o-Y 2 bps Q-o-Q 68 bps Y-o-Y 40 bps Q-o-Q 54 bps Y-o-Y 18.4% 20.1% 20.2% 18.7% 20.2% 7.5% 7.5% 7.3% 9.3% 9.4% 9.8% 9.2% 9.7% 6.7% 6.6% Q3FY23 Q2FY24 Q3FY24 9MFY23 9MFY24 Q3FY23 Q2FY24 Q3FY24 9MFY23 9MFY24 Q3FY23 Q2

  9. Slide 9: Asset Business Update

    Asset Business Update Q3 & 9M FY24

  10. Slide 10: Geographical Expansion

    Geographical Expansion Branch Distribution Asset focused outlets 383 Liability focused outlets 99* CG:1 Rural Centers 190 HR 1 DL:3 Total 672 Note: *Includes 35 Composite Branches 31 42 Geographical Mix of the Branches 41 34 16 Asset Liability Outlets URC Total 104 Focused Focused 170 Tamil Nadu* 65

  11. Slide 11: Asset Business Update – Q3 FY24

    Asset Business Update – Q3 FY24 Particulars JLG VL CV HL SBL FIG Partnership Others Total Gross Advances – (₹ Crores)* 2,382 2,043 645 635 579 818 145 353 7,600 Disbursement – Q3 FY24 (₹ Crores) 441 738 174 50 109 215 7 58 1,792 CE % - Dec 2023 (1 EMI adjusted) 94% 98% 97% 96% 93% 100% 90% - 96% Por

  12. Slide 12: Book Performance as on 31st December 2023

    Book Performance as on 31 st December 2023 Overall – PAR 30+ IF – PAR 30+ Retail Assets – PAR 30+ 16.7% 19.4% 15.3% 6.2% 5.7% 4.8% 4.8% 4.6% 4.8% Dec-22 Sep-23 Dec-23 Dec-22 Sep-23 Dec-23 Dec-22 Sep-23 Dec-23 11

  13. Slide 13: Asset Quality

    Asset Quality NPA Gross Floating Total Product GNPA NNPA GNPA@ NNPA@ PCR Advances* Provision Provision Provisions JLG 2,382 139 61 29 90 49 5.8% 2.2% 64.5% Vikas 2,043 19 8 - 8 11 0.9% 0.5% 41.0% CV 645 7 5 - 5 3 1.1% 0.4% 64.5% HL 635 14 4 - 4 10 2.2% 1.6% 29.2% LAP 579 17 4 - 4 13 2.9% 2.2% 25.5%

  14. Slide 14: GNPA Walk Through

    GNPA Walk Through GNPA Q3 FY24 Movement Trend: GNPA, NNPA & PCR NNPA GNPA PCR 66 23 18 54.3% 51.5% 50.5% 47.3% 198 223 Opening New W-Off. RollBack/ Closing 36.2% Recoveries 4.2% GNPA 9M FY24 Movement 3.1% 3.0% 2.9% 2.9% 78 2.7% 37 147 1.5% 1.6% 1.4% 1.4% 191 223 Opening New W-Off. RollBack/ Closing

  15. Slide 15: Liability Business Update

    Liability Business Update Q3 & 9M FY24

  16. Slide 16: Deposit Update

    Deposit Update Deposits CASA Mix ₹ crores 4,697 6,388 6,484 ₹ crores 663 1,004 1,199 18.5% 77.9% 77.6% 82.5% 15.7% 14.1% % of Retail Deposit CASA % 62 260 360 CA SA + Retail TD 4,957 5,352 9% 26% 30% CA Bulk 3,658 601 744 839 SA 91% 74% 70% 1,039 1,432 1,132 Dec-22 Sep-23 Dec-23 Dec-22 Sep-23 Dec-23

  17. Slide 17: Liability Profile & Liquidity

    Liability Profile & Liquidity Balance Sheet Mix Liquidity Position (₹ crores) 3.0% 15.7% 23.0% Shareholders Fund 173% Deposits 158% Borrowings 141% 150% 130% Other Liabilities & Provisions 58.3% 1,214 1,230 1,024 Capital Adequacy Ratio % (CRAR) 927 786 36.4% 2.9% 30.2% 27.8% 2.3% 2.1% 33.5% Dec-22 M

  18. Slide 18: Financial & Key Ratios

    Financial & Key Ratios Q3 & 9M FY24

  19. Slide 19: Financials – Balance Sheet

    Financials – Balance Sheet Particulars Dec-23 Dec-22 Y-o-Y Sep-23 Q-o-Q Capital and Liabilities Capital 106.2 106.2 - 106.2 - Reserves and Surplus 1,636.5 1,438.7 13.7% 1,577.9 3.7% Deposits 6,484.1 4,696.9 38.1% 6,388.4 1.5% Borrowings 2,563.0 2,361.5 8.5% 2,479.9 3.4% Other Liabilities and Provisi

  20. Slide 20: Financials – P&L Account

    Financials – P&L Account Particulars Q3 FY24 Q3 FY23 Y-o-Y Q2 FY24 Q-o-Q 9M FY24 9M FY23 Y-o-Y Interest Earned 410.7 291.7 40.8% 375.2 9.5% 1,144.0 854.2 33.9% Interest Expended 165.0 108.3 52.4% 154.2 7.0% 452.6 317.8 42.4% Net Interest Income 245.7 183.4 33.9% 221.0 11.2% 691.5 536.5 28.9% Other I

  21. Slide 21: Key Metrics

    Key Metrics Particulars Unit Q3 FY24 Q3 FY23 Y-o-Y Q2 FY24 Q-o-Q 9M FY24 9M FY23 Y-o-Y Gross Advances ₹ Crores 7,600 5,408 +40.5% 6,921 +9.8% 7,600 5,408 +40.5% Disbursement ₹ Crores 1,792 1,265 +41.7% 1,598 +12.2% 4,580 3,396 +34.9% Deposits ₹ Crores 6,484 4,697 +38.1% 6,388 +1.5% 6,484 4,697 +38.1

  22. Slide 22: FY 24 Guidance

    @ survopay FY 24 Guidance

  23. Slide 23: On Track to Achieve FY24 Guidance

    On Track to Achieve FY 24 Guidance… 9M FY24 so far.. Advances Growth Deposit Growth CASA • Continued traction in Q3 FY24 across the segments in Advances ~35% ~ 35% ~ 22% (+24.3%) (+25.5%) (18.5%) • Vikas Loan book crossing ₹ 2,000 crores with ~30% online repayment • NIM improvement due to higher yie

  24. Slide 24: CSR Initiatives

    CSR Initiatives

  25. Slide 25: Q3FY24 CSR Updates

    Q3FY24 CSR Updates • The CSR activities for the Bank are mostly undertaken by Suryoday Foundation. Currently 6 programs are under implementation. A total of 41,814 beneficiaries have been covered in Q3 FY 24 across these programs • Further , the Bank is also working with Rotary Club of Chennai for p

  26. Slide 26: Thank You

    THANK YOU ! Company: Suryoday Small Finance Bank Limited Investor Relation Advisors: Strategic Growth Advisors Pvt. Ltd. CIN: L65923MH2008PLC261472 CIN: U74140MH2010PTC204285 Mr. Himadri Das Mr. Aakash S Mehta / Mr. Abhishek Shah himadri.das@suryodaybank.com aakash.s.m@sgapl.net / abhishek.shah@sgap

Suryoday Small Finance Bank — Q3 FY24 Earnings Presentation on 6ix