Jio Financial Services Limited · NSE:JIOFIN
Jio Financial Services — 9M FY2024 Earnings Presentation
15 slides from Jio Financial Services's earnings presentation, Jan 15, 2024
Slide 1: Exchange filing cover letter for analyst presentation
January 15, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Plot No. C/1, G Block, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 543940 Trading Symbol: JIOFIN Dear Sirs, Sub: Presentation to ana
Slide 2: Jio Financial Services Limited Earnings Presentation 9M-2024
Jio Financial Services Limited Earnings Presentation Nine-months-ended Dec 31, 2023 (9M-2024)
Slide 3: Safe Harbor
Safe Harbor This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections ab
Slide 4: Business update
Business update Jio Financial Services Limited
Slide 5: Indian financial landscape remains poised for growth in the coming decade
Indian financial landscape remains poised for growth in the coming decade 450 Mn working population with favorable Presenting opportunity for a large digital demographics and 12th largest by HNI population to financial services offering (FY26E) drive digital financial services adoption ~INR 15 lakh
Slide 6: Increasing focus on secured products
Increasing focus on secured products… ▪ Finance and operating leases (airfiber, phone, laptop) DaaS ▪ DaaS model for consumer devices to create new markets (Device-as-a-Service) ▪ Lower risk due to asset ownership ▪ Sharper targeting for cross-sell based on customer insights Supply Chain ▪ Introduct
Slide 7: …in addition to growing other businesses
…in addition to growing other businesses ▪ Partnerships with 27 insurance companies across General & Life Insurance Broking ▪ Launched embedded, extended warranty, sachet insurance ▪ Soft launch of Debit Card Payments Bank ▪ Re-platformed to launch digital savings bank account ▪ Implementation of Dy
Slide 8: Creating a strong foundation
Creating a strong foundation CAPABILITY BUILDING GOVERNANCE REGULATORY ▪ Management team in place ▪ Board of Directors ▪ Application filed for ▪ AMC build out reconstituted for conversion to CIC for underway JFSL ▪ JFSL ▪ Technology stack in ▪ AMC licensing process place with AI, alternate ▪ Materia
Slide 9: Continuing to build on our ambition
Continuing to build on our ambition… GUIDING KEY STRENGTHS TECHNOLOGY PRODUCTS PRINCIPLES ▪ Reputation and ▪ Capital ▪ New entrant ▪ Diversified product trust with advantage offerings across stakeholders ▪ Experienced leadership ▪ AI & analytics driven ▪ lending ▪ Regulatory organization adherence ▪
Slide 10: Financial update
Financial update Jio Financial Services Limited | 9
Slide 11: Business Structure
Business Structure Jio Financial Services Ltd (JFSL) JFSL is a publicly listed entity (CIC1) and acts as the holding company for the group 100% 100% 76.98% 100% 100% 50% 100% JFL JIBL JPB JPSL RIIHL AMC JIASL NBFC Insurance Payments Bank Payment Proposed Leasing Regulated Broking RBI Regulated Aggre
Slide 12: Q3 FY24 Highlights
Q3 FY24 Highlights ▪ Consolidated PAT for 9M-24 at Rs. 1,294 crore (Q3-24 at Rs. 294 crore) ▪ Standalone PAT for 9M-24 at Rs. 305 crore (Q3-24 at Rs. 71 crore) ▪ Plan to launch leasing business and supply chain financing ▪ Increased focus on secured lending given current market and regulatory develo
Slide 13: Statement of Profit and Loss (1/2)
Statement of Profit and Loss (1/2) Rs. in crore Consolidated Standalone Q2- Q3- 9M- Q3- Q2- Q3- 9M- FY- 2024 2024 2024 2023 2024 2024 2024 2023 Interest Income 186 270* 658* 0.12 93 90 294 42 Dividend 217 - 217 - - - - - Fees & Commission Income 42 41 121 - - - - - Net gain on fair value 164 103 441
Slide 14: Statement of Profit and Loss (2/2)
Statement of Profit and Loss (2/2) Rs. in crore Consolidated Standalone Q2- Q3- 9M- Q3- Q2- Q3- 9M- FY- 2024 2024 2024 2023 2024 2024 2024 2023 Pre provisioning operating profit 537 316 1,212 31 124 98 417 49 Provisions (0) - - - - - - Share of Associates & Joint 218 66 351 - - - - ventures, net of
Slide 15: Thank you
Thank you Jio Financial Services Limited
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