Slide 1: Cover letter to stock exchanges
Date: 9th February, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block Dalal Street, Mumbai – 400 001 Bandra – Kurla Complex, Bandra (E) Scrip Code: 517214 Mumbai – 400 051 Scrip Code: DIGISPICE Sub.: Investors presentation on t
Slide 2: Q3 & 9M FY24 Investor Presentation
Q3 & 9M FY24 Investor Presentation 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by DiGiSPICE Technologies Limited (the “Company”) solely for your information and may not be distributed, reproduced, or redistributed or passed on directly or indirectly to any other person, whether within or outside your organization or firm, or publi
Slide 4: Glossary of Terms
Glossary of Terms Terms Used Meaning AePS Aadhaar-enabled Payment System Adhikari Adhikari is a nomenclature used to address the merchants/entrepreneurs who work on Spice Money platform BBPS Bharat Bill Payment System m-ATM Refers to mini ATM or Mobile ATM. A service that enables customers to withdr
Slide 5: Table of Contents
01 Spice Money: Key Business Update 02 Spice Money: Services Update Table of Contents 03 Spice Money: Financial Highlights Annexure 04 Consolidated Financial Highlights 4
Slide 6: Executive Summary
Executive Summary Customer GTV (INR. ‘000 Cr) Gross Margin (INR. Cr) EBITDA (INR. Cr) PAT (INR. Cr) 82.0 127.0 7.9 + 6.9 Cr + 4.9 Cr + 7.5 Cr 21x + 8.8 Cr 8.0 9%↑ 11x 4%↑ 75.1 122.1 0.4 (0.8) 9 Months FY 23 9 Months FY 24 9 Months FY 23 9 Months FY 24 9 Months FY 23 9 Months FY 24 • Robust Financial
Slide 7: Spice Money Adhikari - Growing Network
Spice Money Adhikari - Growing Network Spice Money Adhikaris (‘000) 1600 1400 1350 1244 1200 1006 1000 800 Spice Money Adhikari 576 600 Geographical Presence Across: 2.42 L villages 400 241 6,469 Blocks 200 0 FY20 FY21 FY22 FY23 9M FY24 Strong presence Growing opportunity 6
Slide 8: Spice Money – Key Business Update
Spice Money – Key Business Update Customer Gross Transaction Value (INR. ‘000 Cr) Spice Money Service Fee Revenue (INR Cr) 450. 120. 400. 100. 350. 11% 300. 80. 6% 2% 250. 60. 200. 401 101 349 (2)% 40. 83 82 150. 325 20. 46 100. 194 24.9 27.1 27.6 50. 101 110 108 0. 0. FY21 FY22 FY23 9M FY24 Q3FY23
Slide 9: Portfolio Diversification - Cash-out to Multi-product business
Portfolio Diversification - Cash-out to Multi-product business Collections, 14% Collections, 6% Banking, 2% Banking, 1% Credit, 3% Credit, 1% Others, 2% Others, 1% Digital Services, 6% Digital Services, 5% Subscription Packs, 6% Airtime, 5% Q3FY24 Airtime, 3% Q3FY23 Cash In/ Out, 76% Cash In/ Out, 6
Slide 10: Key Services Update- AEPS
Spice Money – Key Services Update- AEPS Q-o-Q Y-o-Y Industry Industry Metrics Q3FY24 Q2FY24 Q3FY23 • Spice Money is holding Market share even Change % Change % after overall Industry de-growth by ~3%. Industry GTV (Off- Us) 78,942 81,450 81,500 -3.1% -3.1% SM GTV 13,663 13,956 13,917 -2.1% -1.8% Tra
Slide 11: Key Services Update- CMS
Spice Money – Key Services Update- CMS CMS GTV (INR. Cr) 25000 • Collections growing >50% Y-o-Y. 20,355 20000 18,026 • Collections live on 61 CMS partners on 58% our network. 15000 10,835 8% • No. of Large CMS SMAs who have >30 10000 6,874 7,440 Lacs GTV/Quarter has increased ~37% 4,707 5000 Y-o-Y.
Slide 12: Key Services Update- BBPS
Spice Money – Key Services Update- BBPS Bill Payment GTV (INR. Cr) 3500 3,011 3000 • Loan Repayment- EMI main driver for BBPS 2500 2,210 1,091 74% Growth. 2000 5% 885 1500 909 1,043 1,096 • ~135 Lenders live for loan EMI payments on 1000 1,920 871 293 281 BBPS Platform. 500 789 1,325 238 750 815 419
Slide 13: Key Services Update- CASA
Spice Money – Key Services Update- CASA Total Saving Accounts Total Current Accounts Total Float (INR CR) SMAs opened 5+ accounts (Lifetime) 3x 2,56,620 70x 16,465 78% 98 2.5x 10117 2,18,797 80 9010 12,506 55 64,518 2754 230 Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY2
Slide 14: Key Services Update- Credit
Spice Money – Key Services Update- Credit No of Adhikari & Grahak Loans Value of Adhikari & Grahak Loans (INR Cr) 35.00 3x 25,000 8x 22,400 30.50 30.00 20,000 17,779 5,890 25.00 10.5 21.50 15,000 6,240 20.00 6.77 15.00 10,000 16,510 10.00 20.00 5,000 11,539 14.73 5.00 7.90 2,407 - 0 Q3 FY'23 Q2 FY'2
Slide 15: Spice Money – Financial Highlights
Spice Money – Financial Highlights FY20-FY23 Growth Growth Growth 9 months ended Growth Particulars (Rs. Crs) FY20 FY21 FY22 FY23 Q3FY23 Q2FY24 Q3FY24 CAGR Y-oY Q-o-Q Y-o-Y FY23 FY24 Y-oY Customer GTV (A) 22,155 46,178 83,513 100,602 66% 20% 24,913 27,121 27,575 2% 11% 75,097 82,017 9% Revenue ** 11
Slide 16: Consolidated Financials Summary
Consolidated Financials Summary Growth Growth 9 months ended Growth Particulars (Rs. Crs) FY23 Q3FY23 Q2FY24 Q3FY24 Q-o-Q Y-o-Y FY23 FY24 Y-oY 1. Revenue ** 431.5 106.5 112.6 110.4 324.3 333.6 Movement in EBIT a.) Spice Money 431.5 106.5 112.6 110.4 -2% 4% 324.3 333.6 3% 0.0 0.0 0.0 0.0 0.0 0.0 • Sp
Slide 17: Discontinued operations Summary
Discontinued operations Summary Particulars (Rs. Crs) Q1FY24 Q2FY24 Q3FY24 Total Income 11.5 12.7 10.1 Total Expenses* 12.6 19.6 15.2 Operating profit (1.1) (7.0) (5.1) Exceptional Item** 6.5 (0.0) (0.0) Profit/(loss) before tax during the periods (7.6) (6.9) (5.1) Tax Expense*** 13.5 0.5 0.1 Profit
Slide 18: Thank You
Thank You For further queries please contact: Sanjyot Baviskar Adfactors PR +91 8879 269 297 sanjyot.baviskar@adfactorspr.com 17