Aditya Birla Capital Ltd. · NSE:ABCAPITAL
Aditya Birla Capital — Investor Presentation (May 2023)
75 slides from Aditya Birla Capital's investor presentation, May 23, 2023
Slide 1: Exchange filing cover letter
Ref: No. ABCL/SD/MUM/2023-24/MAY/19 23 May 2023 BSE Limited National Stock Exchange of India Ltd th Phiroze Jeejeebhoy Towers, Exchange Plaza, 5 Floor, Dalal Street, Plot. C/1, Mumbai 400 001 G-Block, Bandra-Kurla Complex, Bandra (East), Scrip Code: 540691 Mumbai 400 051 Scrip ID: ABCAPITAL Symbol:
Slide 2: Financial Performance and Strategy Presentation
FINANCIAL PERFORMANCE AND STRATEGY PRESENTATION May 2023 A Leading Financial Services Conglomerate
Slide 3: Diversified Financial Services Platform from a Trusted conglomerate
Diversified Financial Services Platform from a Trusted conglomerate Promoter & Grasim Industries Promoter Group 54.2% 16.8% 100% 100% 51% 50% 46% Aditya Birla Finance Aditya Birla Housing Aditya Birla Sun Life Aditya Birla Sun Life Aditya Birla Health Finance 100% Insurance 51% AMC Insurance Non Ban
Slide 4: Our Key Strengths
Our Key Strengths Strong Brand name & Parentage resonating Trust Aditya Birla Group Seamless access to Capital Large growth opportunities within the ABC and extended ABG ecosystem 3
Slide 5: ONE ABC ONE P&L
OUR APPROACH: Drive quality and profitable growth One Customer ONE ABC ONE P&L One Team One Experience By Leveraging Data, Digital and Technology Aditya Birla Capital Limited 4
Slide 6: ONE CUSTOMER: Build deep understanding of customer needs
ONE CUSTOMER: Build deep understanding of customer needs Comprehensive solutions across Customer profiling PIFA1 Customer preferences Intuitive journeys (DIY2, assisted) (convenience of usage) One Customer Customer life stage Customised (driven by (Progressive, full nester/ customer insights) empty
Slide 7: ONE EXPERIENCE: Omni Channel Architecture with consistent experience
ONE EXPERIENCE: Omni Channel Architecture with consistent experience 1,295 2 lakh+ Branches across businesses1 channel partners1 Platform for Direct to Udyog Plus-B2B One ABC channel partners customers (D2C) platform for MSME locations (B2D) platform VRM Channel live Launched comprehensive Channels
Slide 8: D2C Platform Offering PIFA Products
D2C PLATFORM OFFERING PIFA PRODUCTS Customer PIFA across touchpoints Virtual App Website Engagement Laying foundational elements for execution Company set-up Team composition Products and structure Multi-skilled team across Products, Collaboration with NPCI ABC Digital - A wholly owned Tech, Marketi
Slide 9: Udyog Plus: Comprehensive Digital Platform for MSME Ecosystem
UDYOG PLUS: COMPREHENSIVE DIGITAL PLATFORM FOR MSME ECOSYSTEM Lending solutions using traditional and alternate data sources along with value-added services for MSME ecosystem Opportunities in ABG Finance Business Solutions ecosystem Loan E-commerce Banking Paperless digital journey for Offline to O
Slide 10: Management
One TEAM Vishakha Mulye Chief Executive Officer ABCL Business CEOs Rakesh Singh A. Bal Subramaniam Kamlesh Rao Pankaj Gadgil Tushar Shah Mayank Bathwal Sandeep Dadia MD & CEO MD & CEO MD & CEO MD & CEO CEO, Infra & CEO CEO Aditya Birla Finance Asset Management Life Insurance Housing Finance Structur
Slide 11: Overview of key businesses
Overview of key businesses NBFC One of the leading AAA1 rated NBFCs with well-diversified granular portfolio of ` 80,556 crore2 HFC AAA3 rated HFC with a loan book of ` 13,808 crore2 focusing on affordable & prime segments AMC Largest non-bank AMC7 with AUM of ` 2,71,418 crore4 Life One of the leadi
Slide 12: Strong growth momentum in NBFC business
Strong growth momentum in NBFC business AUM (₹ crore) ➢ Robust growth in disbursements (↑2.0x y-o-y1) and AUM (↑ 46% y-o-y2) 46% y-o-y ➢ Business loans to SMEs comprise 50% of AUM ➢ Udyog Plus, comprehensive digital platform for MSME ecosystem, offering paperless digital journey for loan sanction an
Slide 13: Healthy loan book growth in HFC business
Healthy loan book growth in HFC business Loan book (₹ crore) 14% y-o-y ➢ Strong growth in disbursements ( ↑42% y-o-y2) with focus on quality of origination ➢ Healthy growth in loan book ( ↑ 14% y-o-y1 ) ➢ Pan-India presence with 128 branches Asset Quality PCR 38.2% 31.1% 33.1% ➢ Steady increase in N
Slide 14: Largest non-bank AMC
Largest non-bank AMC1,3 AUM1 (₹ crore) ➢ Mutual fund AUM of ` 2,71,418 crore1,2 with a market share of 7.7%3 ➢ Equity AUM of Rs. 1,15,8272 (42.1% of overall mix) ➢ Continued growth in retail franchise across monthly SIP flows and Individual MAAUM (₹ crore) 2% y-o-y Individual MAAUM4 ➢ Strong growth
Slide 15: Continue to outperform industry growth in Life Insurance business
Continue to outperform industry growth in Life Insurance business Individual FYP (₹ crore) 37% y-o-y ➢ Individual FYP1 growth (↑ 37% y-o-y2) significantly ahead of industry growth (↑ 19% y-o-y2) ➢ PASA8 contributed 25% of individual new business in FY23 ➢ Group new business premium growth (↑ 30% y-o
Slide 16: Unique Health-First model
Unique “Health-First” model GWP (₹ crore) 57% y-o-y ➢ Fastest growing standalone health insurer in FY23 ➢ Unique product proposition incentivising wellness Market share in SAHI2 ➢ 18% higher persistency3 and 4% lower claims3 for engaged customers ➢ Well-diversified distribution mix with 17 bank part
Slide 17: Consolidated revenue and PAT
Consolidated revenue and PAT Consolidated revenue1 (` crore) Consolidated Profit after tax2 (` crore) 27% y-o-y 33% y-o-y 1. Consolidated segment revenue; for Ind AS statutory reporting purpose Asset management, wellness business and health insurance (from October 21, 2022) are not consolidated and
Slide 18: Way Forward - Lending Business
Way Forward - Lending Business NBFC Housing Finance ➢ Focus on building granular portfolio by growing personal, ➢ Accelerate growth across both prime & affordable segments with consumer and secured & unsecured business loans focus on quality of origination ➢ Build differentiated offerings for MSMEs,
Slide 19: Way Forward – AMC & Insurance Business
Way Forward – AMC & Insurance Business AMC Life Insurance Health Insurance ➢ Scale up retail franchise & drive ➢ Grow traditional segments including ➢ Leverage unique “Health First” model for better growth in SIP Book protection risk selection & risk pool management leading to lower claims for engag
Slide 20: Aditya Birla Finance Ltd
Aditya Birla Finance Ltd Aditya Birla Capital Limited 19
Slide 21: Aditya Birla Finance at a glance
Aditya Birla Finance at a glance SCALE1 MARGINS3 VALUE CREATION AUM Net Interest Margin2 Net Interest Income2,3 ` 80,556 crore 6.84% ` 4,410 crore Branches ROA PAT3 323 2.45% ` 1,554 crore Active customers ROE Total equity1 5.7 million 14.76% ` 11,426 crore 1. At March 31, 2023. 2. Includes. fee inc
Slide 22: Well diversified product portfolio
Well diversified product portfolio… Segment Personal & Consumer Unsecured Business Secured Business Corporate / Mid-Market Presence Semi-urban Semi-urban Semi-urban/ SME Clusters Top 6-7 Cities Sourcing DSA + Direct + Ecosystems DSA + Ecosystems DSA + Direct Relationship (Direct) ATS1 ~ ₹ 28,000 ~ ₹
Slide 23: Robust growth in disbursements and loan book
…with robust growth in disbursements and loan book Disbursements (₹ crore) AUM (₹ crore) y-o-y growth 2.1x 46% y-o-y Retail, HNI 62% 65% 72% 56% 62% 67% & SME customers 68% overall loan book as of Mar’23 is secured (incl. 4% through CGTMSE) Aditya Birla Capital Limited 22
Slide 24: Underwriting approach in personal and consumer loans
Underwriting approach in personal and consumer loans Bureau score buckets1 Underwriting Approach 1 Utilization of Scorecard for better Customer Selection 1 2 Usage of Alternate Data in credit decisioning Customer Profile 1 3 STP process for faster TAT Usage of behavior based Predictive Modelling for
Slide 25: Improving asset quality trends
Improving asset quality trends Mar’21 Mar’22 Mar’23 Particulars % ₹ Crore % ₹ Crore % ₹ Crore Stage 1 89.80% 43,661 91.02% 49,770 94.16% 75,757 Stage 2 7.53% 3,659 5.41% 2,956 2.72% 2,187 Stage 3 2.67% 1,298 3.58% 1,956 3.12% 2,507 Stage 2 and 3 10.20% 4,957 8.98% 4,912 5.84% 4,695 Total Loan book 1
Slide 26: Well matched ALM and diversified borrowing mix
Well matched ALM and diversified borrowing mix Funding Mix Mar’22 Mar’23 Cumulative Surplus / (Gap) 49% 24% 17% 22% 22% 0% 0% Asset Liability Mix Long-term funding facilities rated AAA & Short-term funding facilities rated A1+ by ICRA / India Ratings / CARE Maintained comfortable Capital Adequacy (C
Slide 27: Robust financial performance
Robust financial performance Net Interest Margin1 Cost-to-income ratio Increasing margins… …with healthy operating leverage… Credit Cost Return on Assets (% AAUM) …and sustained credit costs… …leading to improvement in RoA Aditya Birla Capital Limited 1Including Fee Income 26
Slide 28: Way forward: Aditya Birla Finance
Way forward: Aditya Birla Finance Deep mine existing customer base acquired through digital ecosystems using analytics and increase cross-sell Scorecard based STP1 journeys with zero human interventions Increase share of emerging salaried segment in personal loans Tie up with new partners to diversi
Slide 29: Aditya Birla Housing Finance
Aditya Birla Housing Finance Aditya Birla Capital Limited 28
Slide 30: Aditya Birla Housing Finance at a glance
Aditya Birla Housing Finance at a glance SCALE1 MARGINS4 VALUE CREATION Loan book Net Interest Margin2 Net Interest Income3,4 ` 13,808 crore 5.08% ` 659 crore Branches ROA PAT4 128 1.94% ` 241 crore Customers ROE Total equity1 54,500+ 13.16% ` 1,967 crore 1. As of Martch 31, 2023. 2. NIM including f
Slide 31: Continued growth in disbursements and book
Continued growth in disbursements and book… Disbursements (₹ crore) Loan book (₹ crore) y-o-y growth 42% y-o-y 14% • Healthy growth in disbursements across customer segments No. of 36,364 44,518 54,536 customers1 • Market mapping and penetration strategy to identify the Avg Ticket size 32 27 25 oppo
Slide 32: Focus on quality of origination
…with focus on quality of origination Credit bureau score mix in disbursements1 12% 13% 9% 6% 12% 10% 76% 77% 85% 94%+ disbursements to customers with credit bureau score of 700+ or new-to-credit customers FY21 FY22 FY23 3 >700 <700 NTC Rigorous monitoring of key portfolio health parameters across
Slide 33: Improving asset quality trends
Improving asset quality trends Asset Quality Provision Coverage ratio 5.58% 8.75% 4.99% Gross Stage 2 & 3 Aditya Birla Capital Limited 32
Slide 34: Strong balance sheet with well-matched ALM
Strong balance sheet with well-matched ALM ALM optimised for liquidity and costs Borrowing Mix (on Mar 31, 2023) Cumulative Outflows 100% 100% Cumulative Inflows 80% 78% 32% 34% 19% 23% 10% 11% 13% 17% 5% 6% 0-1 months 1-2 months 2-3 months 3-6 months 6-12 1-5 years > 5 years months Asset Liability
Slide 35: Robust financial performance
Robust financial performance Net Interest Margin1 Cost-to-income ratio …partly offset by increase in C/I ratio due to Increasing in margins…. investments in technology and building the franchise... Credit Cost Return on Assets …and declining credit costs… …leading to improvement in RoA 1. NIM includ
Slide 36: Way forward: Aditya Birla Housing Finance
Way forward: Aditya Birla Housing Finance Accelerate growth in prime & affordable segments with average ticket size of ₹ 25 – 30 lacs Growth to be augmented by ABG ecosystem Growth To be the most preferred choice of our customer Digital capabilities for seamless customer onboarding and servicing Ser
Slide 37: End to end digital reinvention of loan life cycle
End to end digital reinvention of loan life cycle U N I V E R S E TM TM Vi Lead Management Dashboard Assisted / Integrated Salesforce CRM module for Lead to Loan Dashboards viz. Sales DIY customer Journeys building top of the funnel and activity Pipeline, Applications, Credit Inventory, management v
Slide 38: Aditya Birla Sun Life AMC Ltd.
Aditya Birla Sun Life AMC Ltd. Aditya Birla Capital Limited 37
Slide 39: Aditya Birla Sunlife AMC at a glance
Aditya Birla Sunlife AMC at a glance SCALE DISTRIBUTION2 PROFITABILITY1 Mutual Fund AAUM1 Mutual Fund Distributors PBT bps3 ` 2,80,257 crore 72,000+ 28 bps SIP AUM2 National Distributors PAT ` 51,200+ crore 270+ ` 596 crore Folios2 Locations ROE 8+ million 290+ 25.3% 1. For FY23, 2. As of March 31,
Slide 40: Assets under management
Assets under management Mutual fund closing assets under management Total average assets under management ` crore ` crore 2,59,423 2,78,197 2,62,293 2,81,035 3,07,409 2,86,180 42,107 930 34,625 37,420 2,235 10,674 1,010 9,522 47,594 9,966 43,057 50,126 1,18,452 1,13,738 1,28,475 1,27,218 1,29,287 1,
Slide 41: Growth in retail franchise and SIP book
Growth in retail franchise and SIP book Individual MAAUM B-30 MAAUM Building sustainable SIP Book ` crore ` crore Gross monthly SIP flows #of Live Outstanding SIPs1 ₹ Crore(1) (Mn) 2% 12% 4% y-o-y y-o-y y-o-y 2% y-o-y 1,003 3.29 1,40,303 895 3.17 1,38,019 44,846 794 45,982 43,754 2.80 1,26,982 Mar-2
Slide 42: Growth in passives and alternative investments
Growth in passives and alternative investments Passives 28,223 1,378 Passive AUM (in ` Cr)1 21,619 9,962 12,695 16,923 1,292 ETF ~4,96,000 3x Investor Folios Serviced Growth in Passives2 1,163 21,897 Index 1,115 17,415 1,167 14,017 10,161 FOF 7,439 1,355 1,420 1,742 2,912 4,948 7 Product Pipeline Ma
Slide 43: Our Digital Assets & Partnership
Our Digital Assets & Partnership Customer Customer Distributor Digital Onboarding 75% Servicing 87% Onboarding 92% Transactions 84% Enhancing Digital Capabilities • Instant Redemption in Overnight Fund • Launched Digital NRI KYC for investing in mutual funds • Automated internal processes to bring i
Slide 44: Way forward: Aditya Birla Sun Life AMC
Way forward: Aditya Birla Sun Life AMC Scale up retail franchise and diversify product offerings Focusing on Direct/HNI Channel to provide incremental growth Drive growth in SIP book Retail franchise Focus on scaling alternative assets business including AIF, PMS and Real Estate New product launches
Slide 45: Aditya Birla Sun Life Insurance Ltd.
Aditya Birla Sun Life Insurance Ltd. Aditya Birla Aditya BirlaCapital CapitalLimited Limited 44
Slide 46: Aditya Birla Sun Life Insurance at a glance
Aditya Birla Sun Life Insurance at a glance SCALE DISTRIBUTION5 PROFITABILITY Individual FYP1,6 Agents VoNB Margin2,6 ` 3,023 crore 64,000+ 23.0% Total Premium6 Own Branches Embedded Value3,5 ` 15,070 crore 340+ ` 9,014 crore AUM5 Bank Branches RoEV4,6 ` 70,051 crore 15,500+ 22.6% (across 8 banks) 1
Slide 47: Strong growth across segments
Strong growth across segments Individual FYP1 Group New Business Premium Private Private Industry ABSLI Industry ABSLI Players Players FY23 FY23 37% Y-o-Y 24 % Y-o-Y 19% Y-o-Y Growth 30% Y-o-Y 17% Y-o-Y 20% Y-o-Y Growth ` crore ` crore FY21 FY22 FY23 FY21 FY22 FY23 Market share of 4.4% in FY232,3 Ma
Slide 48: Strong growth in value of new business
Strong growth in value of new business VoNB1 (` crore) Indian Embedded Value2 (` crore) 10.6% 15.0% 23.0% ~ 801 bps y-o-y RoEV: 22.6% 189 575 260 2.17x y-o-y 6441 FY21 FY22 FY23 Mar-21 Mar-22 Unwind VoNB Operating Economic Capital Mar-23 & Variance Injection Assumption variance 1. Individual + Group
Slide 49: Value accretive products and active risk strategy
Value accretive products and active risk strategy… Product Mix New Products, Risk Mitigation and channels 2.0% • Overall healthy Product Mix Product • 25% Upsell contribution of Individual FYP in FY23 Mix • Relatively younger customer profile with opportunities for up-sell more solutions over variou
Slide 50: Consistent Quality Improvements
Consistent Quality Improvements TotalRenewal Total RenewalPremium Premium( ` Persistency11 Opex to premium ratio ( `crore) crore) Renewal Growth Digital Renewal Improving Persistency across all Controlled Operating expenses cohorts ↑ 14% Y-o-Y 77% Mar FY23 Mar FY22 Mar FY21 19% - 2Yr CAGR Δ 2Y 14.2%
Slide 51: Leveraging digital
Leveraging digital… Customer Customer Self Pre-Approved Onboarding 99% Digital Renewal 77% Servicing 87% New Business 25% Customer Experience Customer Retention Customer Centricity Pre-Purchase 99% New business Digital collection at 77%, WhatsApp & Chatbot has PASA1 contributed sourced digitally gro
Slide 52: Way forward: Aditya Birla Sun Life Insurance
Way forward: Aditya Birla Sun Life Insurance Grow traditional products including protection in retail segment Focus on growing credit life in group segment Continue to make investments in direct channels Growth Invest in PSU relationships to grow the mindshare Mitigate interest rate risk by Active f
Slide 53: Aditya Birla Health Insurance Ltd.
Aditya Birla Health Insurance Ltd. Aditya Birla Capital Limited 52
Slide 54: Aditya Birla Health Insurance at a glance
Aditya Birla Health Insurance at a glance SCALE DISTRIBUTION2 Gross Written Premium1 Agents ` 2,717 crore 85,000+ Lives Covered2 Branches ` 21 million 200+ Market Share1,3 Banca Partners 10.4% 17 1. For FY23 2. For March 31, 2023 3. Among standalone health insurers Aditya Birla Capital Limited 53
Slide 55: Customer at the Heart of our Health First Approach
Customer at the Heart of our Health First Approach Traditional Industry Approach ABHI Approach to Insurance Sickness Funding Health Assurance Language of Fear Language of Good Health Insurance First Health first High Friction Claim Process Care Manager Led model Only Hospital Network Integrated Heal
Slide 56: Differentiated business model
Differentiated business model… Know Your Health Improve Your Health Get Rewarded 03 02 01 MEDIUM HIGH RISK RISK LOW RISK 180+ data WBS2 points Access to Holistic Integrated Upto 100% health & Wellness Ecosystem - HealthReturnsTM 33%1 of customers administered 60+partners 15% 4.3 lac+ Health Assessme
Slide 57: Unique Product Proposition
Unique Product Proposition… Incentivize Wellness Product Innovation & Segment Specific Market expansion Upto 100% of Health Returns (Return of Premium) Young & Healthy | Senior citizen Chronic care Byte & Contextual ABCD with conditions Ride | Travel | Telco | Gym Critical Illness Innovative suite C
Slide 58: Industry leading growth with diversified and scaled up distribution
Industry leading growth with diversified and scaled up distribution Market Share and growth4 Retail GWP3 ( ` Crore) FY21 FY22 FY23 33% y-o-y 1,519 SAHI1 y-o-y growth 32% 32% 26% 367 1,140 Industry y-o-y 940 285 232 growth 16% 26% 21% 192 129 63 503 ABHI y-o-y growth 49% 33% 57% 419 457 ABHI market s
Slide 59: Business Outcomes
Business Outcomes Gross written premium (` Crore) Lives covered (Mn.) Rural Retail & Rural1 57% y-o-y Byte 11% y-o-y Group 2717 Retail & Group 21 19 1727 13 59% 1301 77% 82% 41% 2 18% 23% FY21 FY22 FY23 Mar-21 Mar-22 Mar-23 Combined Ratio Profit Before Tax (as per IndAS) (` Crore) 120% 127% 110% FY2
Slide 60: Leveraging digital
Leveraging digital… Digital Suit 94% 7.2 Mn Customer First App - Digital Chatbot & Onboarding & Customers Digital health eco WhatsApp Retention onboarded customer End to End system Servicing Journey digitally across interactions businesses Hyper Omni Channel Buy & Renewal Digital Claims Journey Jour
Slide 61: Thank you
Thank you Aditya Birla Capital Limited 60
Slide 62: Annexures
Annexures Aditya Birla Capital Limited 61
Slide 63: Consolidated P&L – Aditya Birla Capital
Consolidated P&L – Aditya Birla Capital (₹ crore) FY2021 FY 2022 FY 2023 Q4 FY22 Q4FY23 Revenue 19,254 22,230 27,416 6,617 8,025 Profit Before Tax (before share of profit/(loss) of JVs 1,277 1,769 2,624 529 768 Add: Share of Profit/(loss) of associate and JVs 268 341 273 79 64 Profit before tax 1,54
Slide 64: P&L and Key Ratios – Aditya Birla Finance Limited
P&L and Key Ratios – Aditya Birla Finance Limited Profit & Loss Statement (₹ crore) FY21 FY22 FY23 Q4 FY22 Q4 FY23 Net Interest Income (Incl. fee income) 2,507 3,088 4,410 805 1,271 Operating expenses 794 947 1,417 257 396 Credit provisioning 682 653 903 147 271 Profit before tax 1,031 1,487 2,090 4
Slide 65: Disbursements and loan book of Aditya Birla Finance
Disbursements and loan book of Aditya Birla Finance Disbursements (₹ crore) FY21 FY22 FY23 FY Y-o-Y Q4 FY22 Q4 FY23 Q4 Y-o-Y - Unsecured business 1,478 2,447 4,468 83% 1,070 1,306 22% - Secured business 6,326 9,831 16,766 71% 3,885 5,535 42% Total Business loans 7,803 12,278 21,234 73% 4,956 6,841 3
Slide 66: Detailed loan book breakup of Aditya Birla Finance
Detailed loan book breakup of Aditya Birla Finance Personal & Consumer 3x y-o-y Secured business 31% y-o-y (` crore) 31,944 (` crore) 15,442 13% 24,428 LAS 21,033 Consumer Loan 21% 15% 29% TL / WCDL 13% Personal Loan 30% 8% 5,208 LRD 34% 79% 11% 2,665 23% 13% LAP 51% 24% 77% 40% 44% 76% Mar-21 Mar-2
Slide 67: P&L and key ratios– Aditya Birla Housing Finance Limited
P&L and key ratios– Aditya Birla Housing Finance Limited (₹ crore) FY21 FY22 FY23 Q4 FY22 Q4 FY23 Net Interest Income (Incl. fee income) 434 521 659 139 169 Operating expenses 170 193 278 58 76 Operating profit 264 328 381 82 93 Credit provisioning 88 75 72 12 11 Profit before tax 176 253 309 70 83
Slide 68: Key financials– Aditya Birla Sun Life AMC
Key financials– Aditya Birla Sun Life AMC (₹ crore) FY21 FY22 FY23 Q4 FY22 Q4 FY23 Revenue 1,206 1,409 1,354 347 329 Costs 510 514 560 138 148 Profit before tax 696 895 794 209 181 Tax 170 222 197 51 45 Profit after tax 526 673 596 159 136 Mutual fund AAUM 2,44,501 2,92,578 2,80,257 2,95,805 2,75,20
Slide 69: P&L and key ratios– Aditya Birla Sun Life Insurance Limited
P&L and key ratios– Aditya Birla Sun Life Insurance Limited (` crore) FY21 FY22 FY23 Q4 FY22 Q4 FY23 Individual first year premium 2,076 2,442 3,484 826 1,336 Group first year premium 2,488 3,223 4,189 1,032 1,093 Renewal premium 5,212 6,475 7,397 2,217 2,527 Total gross premium 9,775 12,140 15,070
Slide 70: P&L– Aditya Birla Health Insurance Limited
P&L– Aditya Birla Health Insurance Limited ( ` In crore) FY21 FY22 FY23 Q4 FY22 Q4 FY23 Retail Premium 940 1,140 1,519 349 445 Rural Premium 126 169 86 70 4 Group Premium 235 418 1,112 138 410 Gross Written Premium 1,301 1,727 2,717 557 859 Revenue (IND AS) 1,202 1,631 2,566 533 803 Operating expens
Slide 71: Consolidated revenue and PAT
Consolidated revenue and PAT Consolidated revenue and PAT Business-wise Profitability Revenue1 (` crore) Businesses (` crore) FY21 FY22 FY23 FY23-o-FY22 27% y-o-y NBFC 1,031 1,487 2,090 41% HFC 176 253 309 22% Asset Management 696 895 794 11% Life Insurance 151 175 196 12% Other Businesses 130 176 2
Slide 72: Other businesses
Other businesses Aditya Birla Capital Limited 71
Slide 73: Other financial services businesses
Other financial services businesses Revenue Revenue (` crore) PBT (` crore) 26% y-o-y 2% y-o-y General Insurance Broking Stock & Securities Broking Asset Reconstruction Company FY22 FY23 Δ FY22 FY23 Δ FY22 FY23 Δ Premium Placement 5,687 5,598 ↓ 2% # Customers (Active) 1.3 Lac 2.0 Lac ↑ 50% Closing A
Slide 74: A financial services conglomerate meeting the life time needs of its customers
A financial services conglomerate meeting the life time needs of its customers CIN: L67120GJ2007PLC058890 Regd. Office: Indian Rayon Compound, Veraval – 362 266, Gujarat Corporate Office: One Indiabulls Centre, Tower 1, Jupiter Mills Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400
Slide 75: Disclaimer
Disclaimer The information contained in this presentation is provided by Aditya Birla Capital Limited (“ABCL or the Company”), formerly known as Aditya Birla Financial Services Limited, to you solely for your reference. Any reference herein to "the Group" shall mean Aditya Birla Capital Limited, tog
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