Paisalo Digital Ltd. · NSE:PAISALO
Paisalo Digital — Q3 FY2024 Earnings Presentation
24 slides from Paisalo Digital's earnings presentation, Jan 31, 2024
Slide 1: Exchange filing cover letter
Date: January 31, 2024 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: Equity- 532900 SCRI
Slide 2: Investor Presentation Q3 FY 2024
INVESTOR PRESENTATION Q3 FY 2024
Slide 3: Presentation path
Presentation 01 02 Financial Summary Paisalo Digital Limited Overview path 03 Financial Performance
Slide 4: Financial Summary
1 FINANCIAL SUMMARY Q3 FY 2024
Slide 5: Paisalo Snapshot Q3 FY 2024
2 Paisalo Snapshot Q3 FY 2024 AUM Revenue Networth `42,280 mn `4,635 mn `12,952 mn YoY Growth +40% YoY Growth +30% YoY Growth +4% A good quarter for the company across portfolio metrics, operating efficiencies and profitability.
Slide 6: Paisalo Snapshot Q3 FY 2024
3 Paisalo Snapshot Q3 FY 2024 PAT `1,424 mn CAR NNPA YoY Growth +95% 37.82% 0.02 % A good quarter for the company across portfolio metrics, operating efficiencies and profitability.
Slide 7: Paisalo Snapshot Q3 FY 2024
4 Paisalo Snapshot Q3 FY 2024 Highest ever AUM of `42,280 mn. AUM as at Q3 FY 2024 was up 40.43% at `42,280 mn as against Q3 FY 2023 at `30,107 mn. Total geographic footprint stood at to 1944 touchpoints across 18 states, in the quarter. In Q3, the company added 230 new touch points. The company con
Slide 8: Paisalo Snapshot Q3 FY 2024
5 Paisalo Snapshot Q3 FY 2024 The Tangible Networth is INR 12,952 mn versus Bank Borrowings (secured) INR 14,750 mn, i.e., 1.14 times. Capital Adequacy remained strong at 37.82% at Q3 FY 2024. Credit Rating of the company is IVR AA/Stable Outlook (IVR Double A with Stable Outlook) and IVR A1+ (IVR A
Slide 9: Paisalo Snapshot Q3 FY 2024
6 Paisalo Snapshot Q3 FY 2024 With reference to the circular dated 16 November 2023 issued by the Reserve Bank of India with respect to consumer credit by Banks/NBFCs and bank credit to NBFCs, Paisalo would not have any additional risk weight on the underlying portfolio and the impact of the increas
Slide 10: Overview
7 OVERVIEW PA I S A L O D I G I TA L L I M I T E D Q3 FY 2024
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: Key strategic differentiators
9 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 3.4 Mn+ customers Platform uses Data, AI and ML 5. Paisalo has strong Brand 6. Team of 2234 managing 1944 Recognition in are
Slide 13: Uniquely Positioned for Growth
10 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 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 `42,280 Mn Already serviced more than 3.4 million+ customers An experienced team of 2234 managing 1944 touch points in
Slide 15: Financials Performance
12 FINANCIALS PERFORMANCE Q3 FY 2024
Slide 16: Financials
13 FINANCIALS (`in Millions, *Cumulative) PARTICULARS Q3 FY 2023* Q4 FY 2023* Q1 FY 2024 Q2 FY 2024* Q3 FY 2024* AUM `30,107 `34,928 `36,444 `38,174 `42,280 Disbursements `16,239 `25,996 `7,648 `14,773 `24,681 Revenue `3,552 `4,732 `1,362 `2,809 `4,635 PBT `984 `l,262 `520 `1,156 `1,916 PAT `730 `93
Slide 17: Financials
14 FINANCIALS (`in Millions, *Cumulative) PARTICULARS FY 2021 FY 2022 FY 2023 Q1 FY 2024 Q2 FY 2024* Q3 FY 2024* AUM `23,178 `26,973 `34,928 `36,444 `38,174 `42,280 Interest Income `3,115 `3,922 `4,732 `1,362 `2,809 `4,635 NIM 4.05 % 4.03 % 5.50 % 5.80% 6.20% 7.29% PAT `609 `793 `936 `384 `859 `1,42
Slide 18: Financials
15 FINANCIALS (`in Millions) PARTICULARS FY 2021 FY 2022 FY 2023 Q1 FY 2024 Q2 FY 2024 Q3 FY 2024 Tangible Net Worth (TNW) `8,619 `10,241 `11,610 `11,954 `12,413 `12,952 Bank Borrowings (BB) `7,412 `79,588 `13,018 `12,890 `13,740 `14,750 Total Outside Liabilities `14,814 `15,989 `18,567 `18,818 `20,
Slide 19: AUM and Revenue
AUM REVENUE 16 `in Millions `in Millions, *cumulative * `42,280 Q3 FY 2024 `4,6358 `38,174 Q2 FY 2024 `2,809 `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
Slide 20: Net Worth and CAR
NET WORTH CAR 17 `in Millions `12,952 Q3 FY 2024 37.82% `12,413 Q2 FY 2024 39.74% `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%
Slide 21: ROA and ROE
22 18 ROE ROA 14.53% Q3 FY 2024 5.16% 13.70% Q2 FY 2024 5.14% 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%
Slide 22: Shareholding Pattern | Credit Rating
23 Shareholding Pattern | Credit Rating 19 AS AT Q3 FY 2024 PAISALO DIGITAL LIMITED NSE : PAISALO BSE : PAISALO BLOOMBERG : PAISALO:IN 34.24% 20.92% 44.84% PROMOTER & FIIS AND DIIS PUBLIC PROMOTERS GROUP ‘AA (Stable Outlook)’ ’A1+’ (for Commercial Paper)
Slide 23: Safe Harbor Statement
24 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
Slide 24: Thank You
THANK YOU Phone : +91 11 43-51-8888 Email : ir@paisalo.in Website : www.paisalo.in