Cholamandalam Financial Holdings Ltd · NSE:CHOLAHLDNG
Cholamandalam Financial — TI Financial Holdings — Investor Presentation (March 2018)
25 slides from Cholamandalam Financial's investor presentation, March 2018
Slide 1: TI Financial Holdings Limited (TIFHL) Corporate Presentation – FY18
TI FINANCIAL HOLDINGS LIMITED (TIFHL) Corporate Presentation – FY18 1
Slide 2: Spirit of Murugappa
SPIRIT OF MURUGAPPA “The fundamental principle of economic activity is that no man you transact with will lose, then you shall not." 2
Slide 3: TIFHL group structure and holdings
TIFHL 46.2% 60.0% 49.5% Cholamandalam Cholamandalam MS Investment and General Insurance Chola MS Risk Finance Company Company Limited Services Limited Limited (Chola) (Chola MS) (CMSRSL) • Subsidiary • Associate • Joint Venture • Unlisted • Listed Company • Unlisted • Multi-line insurer • Leading NB
Slide 4: Performance Highlights - Consolidated
Performance Highlights -Consolidated Revenue( In Cr) Profit after tax (In Cr) Networth (In Cr) EPS ₹ FY 18 ₹ ₹3,345 ₹ ₹599 ₹ ₹3,333 ₹ ₹31.95 24% 32% 21% 32% FY 17 ₹ ₹2,688 ₹ ₹455 ₹ ₹2,764 ₹ ₹24.26 Consolidated profit after tax (In Cr.) 700 100% 500 100% 600 FY -18 FY -17 400 75% 73% 500 300 400 46%
Slide 5: Financial Performance & Metrics
Financial Performance & Metrics TIFHL – Standalone Chola FY 18 FY 17 Growth Particulars (in Cr) FY 18 FY 17 Disbursement (Cr) 25,114 18,591 35% Income 64.64 40.07 AUM (Cr) 42,879 34,167 26% Expenses 3.23 3.78 No. of Branches 873 703 Profit Before Tax 61.41 36.29 Tax Expense 2.05 - Chola MS FY 18 FY
Slide 6: Shareholding pattern & Share price movement
Shareholding pattern & Share price movement Shareholding Pattern Share Price Growth 25% 11% 20% 15% 10% 16% 5% 0% 49% -5% -10% -15% Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 24% TIFHL Sensex Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 TIFHL ( ₹ / Share) 563.45 679.55 690.00 674.35 649.25 Promoter Public Institution
Slide 7: Cholamandalam Investment and Finance Company Limited
Cholamandalam Investment and Finance Company Limited 7
Slide 8: Chola – 4 Year Financial Summary
Chola – 4 Year Financial Summary Disbursements Assets Under Management (₹ Cr) (₹ Cr) *25,114 *42,879 *18,591 1,399 *34,167 *16,380 3,174 *29,650 6,234 *12,808 521 1,064 *25,452 3,056 4,164 6,263 402 3,476 3,548 3,043 20,540 21,904 25,486 27,904 36,645 9,363 12,383 14,471 FY15 FY16 FY17 FY18 FY15 FY1
Slide 9: Asset Quality
ASSET QUALITY 8.0% 43.5% 45.0% 7.0% 39.7% 40.0% 36.8% 6.0% 34.8% 35.1% 33.1% 35.0% 5.0% 31.6% 4.0% 30.0% 3.0% 25.0% 2.0% 3.1% 2.0% 3.5% 2.1% 4.7% 3.2% 4.7% 3.2% 4.5% 2.9% 3.7% 2.3% 2.9% 1.7% 1.0% 20.0% 2014-15 2015-16 2016-17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 (5 months+) (4 months+) (3 months+) (3 mon
Slide 10: Highlights – FY18
Highlights – FY18 Disbursements Disbursement for FY18 stood at Rs. 25,114 Cr, a growth of 35% YoY. PAT PAT for FY18 stood at Rs. 974 Cr, a growth of 35% YoY. RoE Return on equity at 20.78% in FY18, a growth of 15% YoY. AUM Total assets under management has crossed Rs 42,900 Cr Rating India Ratings a
Slide 11: Vehicle Finance
Vehicle Finance 11
Slide 12: Vehicle Finance - Key Differentiators
Vehicle Finance - Key Differentiators Quicker Turn Around Time – (TAT) Reputation as a long term and stable player in the market Strong dealer and manufacturer relationship Good penetration in Tier II and Tier III towns In house sales and collection team which is highly experienced and stable Low em
Slide 13: Vehicle Finance - Financial Summary FY18
Vehicle Finance - Financial Summary FY18 Disbursements Assets Under Management (₹ Cr) (₹ Cr) *31,505 *23,631 3,355 20,540 *20,100 *17,639 3,360 14,471 2,186 12,383 2,717 9,363 14,922 17,914 20,271 28,150 FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 On Book Assigned * Total AUM Income Profit Before Tax (₹
Slide 14: Vehicle Finance - Disbursement / Portfolio Mix – FY18
Vehicle Finance - Disbursement / Portfolio Mix – FY18 Well diversified across geography & product segments Disbursements - State wise Portfolio – State wise MP 5% AP 5% MP, 5% AP, 5% KARNATAKA 5% MAHARASHTRA KARNATAKA, 5% 13% MAHARASHTRA, KERALA 4% 13% KERALA, 4% Pondicherry 0% Pondicherry, 0% TELAN
Slide 15: Home Equity
Home Equity 15
Slide 16: Home Equity - Key Differentiators
Home Equity - Key Differentiators Process Differentiator One of the best turnaround times in the industry Personalised service to customers through direct interaction with each customer Pricing Fee Income adequate to cover origination & credit cost Leverage cross sell opportunities for addit
Slide 17: Home Equity - Financial Summary FY18
Home Equity - Financial Summary FY18 Disbursements Assets Under Management (₹ Cr) (₹ Cr) 3,476 3,043 3,056 3,174 *9,593 *9,997 *8,852 *7,280 1,978 2,904 2,879 831 6,449 6,873 6,689 7,118 FY15 FY16 FY17 FY18 On Book Assigned * Total AUM FY15 FY16 FY17 FY18 Income Profit Before Tax (₹ Cr) (₹ Cr) 261 (
Slide 18: Cholamandalam MS General Insurance Company Limited
Cholamandalam MS General Insurance Company Limited 18
Slide 19: Chola MS – Performance Snapshot
Chola MS – Performance Snapshot Our GWP Since Inception (INR Crs) Vision & Mission 5500 Vision: We will be the preferred choice for our clients, 4103 business partners and employees through core values of 3135 CAGR 45% 2453 trust and transparency aided by technology 1855 1890 1621 1347 524 685 785
Slide 20: Strength In Distribution Partnerships
Strength In Distribution Partnerships Serving ~19,000 branches of 5 PSU Banks Pan India - Central Bank, Bank Of Baroda, Dena Bank, Oriental Bank of Commerce & Union Bank of India Zone Wise No of branches serviced across 5 PSU Banks North 5728 West East 6730 4046 South 2587 20
Slide 21: Highlights of FY 18
Highlights of FY 18 Gross Written Premiums Stood at Rs. 4103 Crores; growth of 30.9% Net Earned Premiums Rs. 2824 Crores; growth of 25% CoR (%) – IRDA Method Improved to 100.79% (from 101.25%: PY) Investment Income Growth of 16.2% to Rs. 489 Crores PBT Growth of 16.7% to Rs. 347 Crores Investment Co
Slide 22: Key Financial Indicators
Key Financial Indicators Gross Written Premium Profit Before Tax (Rs Cr) 5000 4103 35% 347 CAGR 30% 30% 28% 31% 30% 297 4000 3133 25% 201 213 3000 20% 2452 1890 15% 2000 10% 1000 2% 5% 0 0% FY'15 FY'16 FY'17 FY'18 FY'15 FY'16 FY'17 FY'18 GWP(Rs in Cr) CoR (%) Break up of CoR (%)* Return on Equity (%
Slide 23: Contact Us
Contact Us Our Registered Office: TI Financial Holdings Limited (TIFHL), Dare House , No. 234, NSC Bose Road, Parrys, Chennai 600001. Land Line: 044 – 42177770-5 http://www.tifhl.com Email-ID : Krithika E - Company Secretary – krithikae@tifhl.murugappa.com 23
Slide 24: Disclaimer
Disclaimer • Certain statements included in this presentation may be forward looking statements made based on management’s current expectations and beliefs concerning future developments and their potential effects upon TI Financial Holdings Ltd and its subsidiaries. There can be no assurance that f
Slide 25: Thank You
Thank You 25
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