Srg Housing Finance Ltd. · NSE:SRGHFL
Srg Housing Finance — Q1 FY25 Earnings Presentation
25 slides from Srg Housing Finance's earnings presentation, Aug 21, 2024
Slide 1: Exchange filing cover letter
Date: August 21, 2024 To, National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C-1, Block G, 1st Floor, P.J. Towers, Bandra Kurla Complex, Dalal Street, Mumbai-400051 Mumbai-400001 Scrip Symbol- SRGHFL Scrip Code – 534680 Subject: Investor Presentation –June 2024 Dear Sir, Pursuant to Re
Slide 2: Investor Presentation Q1 FY25
Investor Presentation Q1 FY25
Slide 3: Who We Are
Who We Are ➢ Expert in Rural Housing Finance, Solving the problem of Housing Loans for New-to-Credit, Underserved & Unorganized population while simplifying access to finance for all ➢ Best in class NIM 11.06% in June 24 (annualized) ➢ Focused on small ticket loans (ATL: less than Rs 8 lacs) and low
Slide 4: Our Journey
Our Journey 1999 2002 2012 Incorporated as Vitalise Finlease 1st company in Rajasthan to 1st company in Pvt. Ltd & subsequently changed receive NHB license.Converted Rajasthan to be listed on the name to SRG Housing Finance into public company the BSE SME Platform Pvt Ltd. 2017 2016 2015 1st private
Slide 5: Experienced Board
Experienced Board Mr. Vinod Kumar Jain Mrs. Seema Jain Mr. Mohit Singhvi Mr. Dilip Kumar Singhvi Managing Director (Promoter) Non-Executive, Non- Non-Executive, Non-Executive, 25 Years + Experience Independent Director Independent Director Independent Director (Promoter) 34 Years + Experience 35 Yea
Slide 6: Strong Management Depth continues to drive SRG's Outperformance
Strong Management Depth continues to drive SRG's Outperformance Mr. Vipin Saxena Mr. Harshil Mehta Mr. Ashok Modi Chief Compliance Officer Business Strategy Advisor Chief Financial Officer -Prior associated with SBI as GM -Prior Associated with Aadhar Housing (MD & CEO), ICICI Bank in -Prior doing p
Slide 7: Strong Management Depth continues to drive SRG's Outperformance
Strong Management Depth continues to drive SRG's Outperformance Mr. Ravi Patel Mr. Ashish Kothari Head – Human Resources Assistant Vice President -Operation -MBA -PGDM from IIM Kozikhode -Worked with ICICI group -Earlier associated with Many HFCs. 15 years + Experience 18 Years + Experience Mr. Joll
Slide 8: Why Borrower Prefer SRG
Why Borrower Prefer SRG 1 2 3 Quick sanction and Prompt response and In-depth rural penetration disbursement process quick solutions for & localized approach (TAT of 15 days) financial assistance 4 Simple documentation process 5 Preferred partner to help fulfil dream in affordable housing Investor P
Slide 9: Addressable Target Market
Addressable Target Market The Problem Definition & Need Gap Unorganized sector, New to Credit, 142.86 Cr Total Population Underserved Population, Low Banking Habits The Solution – SRG Housing Finance Rural Population Tailor made products to serve different profiles, deeper 91.43 Cr (64%) market pene
Slide 10: SRG Unique Positioning in Market
SRG Unique Positioning in Market ❑ Deeper Penetration In Rural Village Areas through wider Geo Limits of 50 Km from Hub and 35 Km from Spoke Branches ❑ New to Credit Justified Credit Bureau Calls based on Merits of Profile ❑ Unique risk management Based on Population, Segmentation, Product Mix ❑ Con
Slide 11: Customer Profile
Customer Profile Milkman Trader/Whole seller Labour Repair Shop Saree Shop Tea Stall Teacher Entrepreneur Barber Shopkeeper Vegetable vendor Investor Presentation 10
Slide 12: Product Offerings
Product Offerings Tenure and Products Ticket Size Interest Rate Repayment Type of Loan Benefits - Home Loans - Minimum - 15%–26% - Minimum - Secured - Mini documentation - Loan Against INR 1,00,000 1 Year - Quick and easy Property - Maximum - Maximum - Digital Application INR 1500,00,000 10 Years -
Slide 13: Key Highlights for Q1FY25
Key Highlights for Q1FY25 ₹ 629.60cr. 10.99% AUM as on 30th June 2024 Spread earned in Q1FY25 ₹ 44.57cr. ₹ 125.04 Disbursement during the quarter Book Value per share as on 30th June 2024 ₹ 46.51cr. ₹ 168.80cr. New Approvals during the quarter Shareholders Funds as on 30th June 2024 Investor Present
Slide 14: Quarterly Income Statement
Quarterly Income Statement Sr .No. Particulars (Rs. Crore) Q1FY25 Q1FY24 FY24 FY23 1 New Approvals 46.51 54.69 312.07 201.94 2 Disbursements 44.57 53.11 283.62 190.73 3 Outstanding Loan Book 629.60 474.40 601.59 438.36 4 Interest Income 31.05 24.53 109.50 81.26 5 Fees & Other Income 2.93 2.32 17.16
Slide 15: Key Performance Indicator (1/3)
Key Performance Indicator (1/3) New Approvals (Rs. Crore) Disbursements (Rs. Crore) AUM (Rs. Crore) 121.23 601.59 629.60 102.19 548.37 515.38 474.40 73.86 68.09 60.23 62.28 53.11 54.69 44.57 46.51 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY2
Slide 16: Key Performance Indicator (2/3)
Key Performance Indicator (2/3) Loan Book Break Up – Product Category (%) Loan Book Break Up – Customer Profile (%) 35.09 35.74 35.70 30.16 29.51 23.61 24.06 24.63 25.15 25.52 64.91 64.26 64.30 69.84 70.49 76.39 75.94 75.37 74.85 74.48 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q
Slide 17: Key Performance Indicator (3/3)
Key Performance Indicator (3/3) Return Ratios (%) Capital Adequacy Cost to Income Ratio (%) 3.95% 3.74% 3.64% 3.57% 35.18 34.99 3.25% 33.63 32.03 32.40 65.42 64.98 63.66 62.88 62.50 0.82% 0.90% 0.87% 0.94% 0.85% 0.41 0.41 0.42 0.49 0.47 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY24 Q2FY24 Q3FY24 Q4FY24
Slide 18: Gross NPA Details (Q1FY25)
Gross NPA Details (Q1FY25) Product Wise Segment Wise State Wise Madhya Pradesh Rajasthan 2.21% 2.45% Housing 1.88% Gujarat Salaried 1.74% 1.48% Self Employed 2.44% LAP 2.95% Maharashtra 13.01% Investor Presentation 17
Slide 19: Borrowings as on June 30, 2024
Borrowings as on June 30, 2024 Borrowing Mix (%) Banking Relationships National Housing Bank Public Sector Banks SBI, Union Bank of India, UCO Bank, Punjab National Bank, Indian Overseas Bank FI 43% Banks Private Sector Banks 48% DCB Bank, South Indian Bank, IDFC Bank, Federal Bank, Utkarsh Small Fi
Slide 20: SRG in past years
SRG in past years Despite facing 5 major external challenges such as liquidity crises, demonetization, GST, multiple waves of COVID etc in the last 8 years – SRG has come out stronger, leaner and more resilient – a testament to its business model and operations. Data in Crs ( Unless Specified) FY 24
Slide 21: Powering the Digital Ecosystem with SRG SRAJAN
Powering the Digital Ecosystem with SRG SRAJAN Web and Mobile Application Combination LOS LMS COLLECTION Loan Organization Loan Management Loan Collection ➢ Lead Generation & ➢ EMI Collection through auto- ➢ DPD Bucketing Management debit ➢ Pool Allocation ➢ Customer Application Form ➢ Repayment Mon
Slide 22: Collection Framework
Collection Framework DPD- 31 TO 90 Days DPD Day 1 On field follow-up by Collection Executive Overdue cases 31-90 Collection Manager to Visit PNPA cases Legal 1st Day reported by Counselling for the PNPA cases Accounts Team Days Normal notice/Warning Notice issued by legal team (if required) DPD- 1 t
Slide 23: Our Present Network
Our Present Network ➢ Rajasthan Banswara, Beawar , Begun, Bhilwara, Bijainagar , Chittorgarh, Dhairyawad, Fatehnagar , Gangapur, Jaipur, Jaitaran, Jodhpur, Kekri, Kishangarah, Kota, Nimbhaera , 32 Branches Pali, Partapur, Rajsamand, Sabla ,Sagwara, Salumbar, Shahpura (J), Shahpura (B), Sirohi, Sojat
Slide 24: Shareholding Pattern
Shareholding Pattern ➢ Having listed on BSE in 2012, listed on NSE exchange as well on 21 Aug 2023. ➢ Company raised Rs. 10 Crores on conversion of Share warrants in March 24 and May 24 . ➢ Shareholders approved Rs. 25.94 Crores preferential issue of Equity Shares in August 24 (awaiting Exchange in-
Slide 25: Thank You
Investor Relations Contact KAPTIFY® Consulting Strategy & Investor Relations | Consulting contact@kaptify.in | +91-845 288 6099 www.kaptify.in Head Office SRG Housing Finance Ltd Thank You 12, Opp Paras JK Hospital, Shobhagpura, Udaipur, Rajasthan 313001, India CIN No:L65922RJ1999PLC015440 Tel: +91-