Creditaccess Grameen Ltd. · NSE:CREDITACC
Creditaccess Grameen — Investor Presentation (June 2022)
19 slides from Creditaccess Grameen's investor presentation, June 2022
Slide 1: CreditAccess Grameen Limited Corporate Presentation
CreditAccess Grameen Limited Corporate Presentation June 2022 www.creditaccessgrameen.in
Slide 2: Disclaimer
Disclaimer By accessing this presentation, you agree to be bound by the following terms and conditions. This presentation (which may reflect some price sensitive information in terms of SEBI regulations and Companies Act, 2013, as amended from time to time) has been prepared by CreditAccess Grameen
Slide 3: Quick Snapshot
Quick Snapshot ✓ One of the Leading NBFC-MFIs in India ✓ Joint Liability Group (JLG) based lending model focused on rural women ✓ Diverse product suite catering to entire customer life cycle ✓ Calibrated, contiguous district-based expansion strategy focusing on deep rural penetration ✓ Superior cust
Slide 4: Leading The Industry As On March 31, 2022
Leading The Industry As On March 31, 2022 CA Grameen is the Largest NBFC-MFI in India (GLP in INR Cr) 16,599 7,002 6,654 6,567 6,549 6,484 6,409 6,151 5,447 4,365 CA Grameen + Asirvad Fusion Muthoot Annapurna Samasta Satin Spandana Svatantra Belstar Madura Microfin www.creditaccessgrameen.in 4
Slide 5: Key Milestones
Key Milestones Successfully completed the ✓ Strong commitment by CAI 76.08% Acquisition of Entered in Odisha, Goa, Kerala MMFL − CAI became a shareholder of CA Grameen in 2009 and Puducherry 2020 and has consistently invested in its growth story since then Listed on NSE / BSE with an IPO of INR 1,13
Slide 6: Committed To Basics Through Classical JLG Lending Model
Committed To Basics Through Classical JLG Lending Model Microfinance loans are unsecured. JLG mechanism acts as security/ loan collateral JLG Benefits: ✓ Strong group bonding ✓ Mutual support – both financial & emotional ✓ Guidance & grievance resolution ✓ Building awareness – Jagruti initiative ✓ H
Slide 7: Focus On Customer Centricity, Loyalty & Retention
Focus On Customer Centricity, Loyalty & Retention “Credit Line Concept: Multiple Products with Repayment Flexibility” – Unique Feature in the MFI Industry across the globe One of the lowest lending rates in the MFI industry Loan Customer Centric Ticket Size Tenure Purpose Type Products (INR) (months
Slide 8: Calibrated Expansion Through Contiguous District-Based Approach
Calibrated Expansion Through Contiguous District-Based Approach Systematic geography selection based on availability of infrastructure, competition, historical performance trend, social/ economic/ political/ CA Grameen’s contiguous climate risk, growth potential district-based expansion Ensures cons
Slide 9: Well-Diversified Presence Across India
Well-Diversified Presence Across India Our Presence as on Mar-22 14 States & 1 UT 319 Districts Diversification Trend Mar-18 Mar-20 Mar-22 1,635 Branches Uttar Pradesh 55 Branches - % Share Rajasthan Bihar Top 3 States 80% 69% 60% 65 60 + 36 (MMFL) Others 20% 31% 40% Gujarat West Bengal Total 100% 1
Slide 10: Unique Human Capital, Internal Audit & Risk Controls
Unique Human Capital, Internal Audit & Risk Controls Well-Established Operational Structure Multi-Pronged Approach For Risk Management Business Heads Sound Understanding of Rural Market Internal Audit (IA): • ~90% of employees are hired fresh from • IA frequency – 6 times in a year at branches, 4 ti
Slide 11: Continuous Technology Enhancements to Drive Operational Efficiency
Continuous Technology Enhancements to Drive Operational Efficiency Ensures Quick And Seamless Delivery of Need Based Financial Products and Services backed by Robust Technology Infrastructure High touch-high tech delivery model: Future Upgrades & Investments • Digitized all customer touchpoints • Up
Slide 12: Integrating Risk Management In Every Operating Process
Integrating Risk Management In Every Operating Process Microfinance is a Collection Business, hence Risk Management is Integral to Core Strategy and Operating Processes Contiguous Customer Employee Target Customer Customer Employee District-based Lending Model Engagement Incentive Segment Due-Dilige
Slide 13: Strong Parentage of CreditAccess India N.V.
Strong Parentage of CreditAccess India N.V. Committed to Micro Finance Business Strong Financial Support • Invested through multiple rounds of capital funding along with • CreditAccess India N.V. (CAI) specialises in Micro and Small secondary purchase during 2009 to 2017 Enterprises financing • Disp
Slide 14: Strong Performance Track Record (1/3)
Strong Performance Track Record (1/3) Gross Loan Portfolio (GLP) (INR Cr) Active Borrowers (‘000) CAGR 35.2% CAGR 19.9% 16,599 4,055 * 3,912 * 2,868 3,824 * 13,587 1,215 1,098 930 11,996 2,246 2,100 2,470 7,159 1,851 13,732 4,975 11,341 2,905 2,871 2,922 9,896 2,470 7,159 1,851 4,975 FY18 FY19 FY20
Slide 15: Strong Performance Track Record (2/3)
Strong Performance Track Record (2/3) Branch Network Loan Officers Employees CAGR 33.4% CAGR 24.1% CAGR 25.5% 1,635 10,770 9,688 15,667 1,424 9,559 1,393 14,496 471 2,513 14,399 1,972 2,108 3,716 460 3,672 3,774 464 5,768 8,064 670 4,544 6,306 8,257 516 1,164 7,716 7,451 11,951 10,824 10,625 929 964
Slide 16: Strong Performance Track Record (3/3)
Strong Performance Track Record (3/3) Note: Refer Annexure for definition of key ratios Margin Analysis (%) Operating Efficiency (%) Asset Quality (%) 20.4% 20.0% 5.01% 19.4% 18.8% 18.3% 5.1% 5.0% 4.9% 4.8% 4.9% 3.61% 2.78% 11.5% 12.7% 12.2% 1.26% 1.14% 4.43% 10.7% 10.9% 39.2% 36.7% 38.1% 39.0% 3.44
Slide 17: Shareholding Structure
Shareholding Structure Shareholding Pattern – March 2022 Top 10 Institutional Investors – March 2022 Government Pension Fund Global ICICI Prudential Life Insurance Company Others, 3.75 QIB, 3.22 ICICI Prudential MF MF & AIF, Nippon MF 10.94 SBI MF T Rowe Price FPI, 8.24 Taiyo Pacific Partners Promot
Slide 18: FY22: Consolidated Performance Highlights
FY22: Consolidated Performance Highlights NIM Cost/Income Ratio 10.9%/ 11.6%1 39.0% PPOP GLP: INR 16,599 Cr INR 1,078 Cr (+22.2% YoY) Weighted Avg. COB Opex/GLP Ratio (+13.2% YoY) 9.3% 4.9% ROA Capital Adequacy Ratio Total Equity 2.2% 22.8% INR 4,076 Cr PAT: INR 357 Cr (+171.8% YoY) ROE Tier 1 Ratio
Slide 19: Thank You
Thank You www.creditaccessgrameen.in 19
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