Aditya Birla Sun Life Amc Limited · NSE:ABSLAMC
Aditya Birla Sun Life Amc — Q4 FY22 Earnings Presentation
35 slides from Aditya Birla Sun Life Amc's earnings presentation, Apr 26, 2022
Slide 1: Regulation 30 intimation letter to stock exchanges
Ref. No.: ABSLAMCL/14/22-23 April 26, 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street Mumbai-400 001 Plot No. C/1, G Block, Scrip Code: 543374 Bandra Kurla Complex Bandra (East), Mumbai - 400 051 Scrip Code: ABSLAMC Dear Sir/
Slide 2: Investor Presentation for Quarter ending March 31, 2022
Investor Presentation For Quarter ending March 31, 2022
Slide 3: Key Highlights
Key Highlights Highest ever profit in FY22 at INR 6,728 million Profit after Tax for FY22 grew by 28% Y-o-Y Total dividend of INR 11.45 per share for FY22 Interim dividend of INR 5.60 per share & proposed final dividend of INR 5.85 per share Total Revenue for FY22 is at INR 14,085 million up 17% Y-o
Slide 4: ABSLAMC At A Glance
ABSLAMC At A Glance One of the Largest Asset Managers in India with over 25 years track record MF Asset Mix Equity AUM 40.9% INR 1,210 bn INR 2,958 bn Total MF AUM1 Non-Equity AUM INR 1,748 bn 59.1% Our Scale INR 3,074 bn INR 116 bn 7.9 mm 72,000 + 1,269 280 + Total AUM2 Alternate Assets AUM3 Invest
Slide 5: Overview
Overview Strong Financial Strong and growing 01 Maintaining leadership 02 Performance 03 retail franchise in AUM Individual3 MAAUM: INR 1,380 bn Mutual Fund QAAUM at INR 2,958 bn Registered Highest-ever profit in FY22 (↑9% y-o-y) (Mix: 47.82%); (↑10% y-o-y); Market share1 at 8.61% B-30 MAAUM ↑5% y-o
Slide 6: Performance At A Glance
Performance At A Glance Our Our Performance Performance (INR Billion unless otherwise stated) Performance Metrics Mar-21 Dec-21 Mar-22 Y-o-Y Growth% Mutual Fund QAAUM 2,693 2,988 2,958 10% Equity QAAUM 969 1,220 1,210 25% Fixed Income QAAUM1 1,723 1,768 1,748 1% Individual MAAUM 1,270 1,414 1,380 9%
Slide 7: Industry Overview
Industry Overview Aditya Birla Sun Life AMC Ltd. (A part of Aditya Birla Capital Ltd.) ADITYA BIRLA CAPITAL
Slide 8: Industry QAAUM & Net Sales Trend
Industry QAAUM & Net Sales Trend (INR Billion unless otherwise stated) QAAUM Industry OurQAAUM Trend Performance Net Sales ETF Debt Liquid Equity 268 212 232 333 38,190 38,360 15 32,086 3,915 4,129 123 19 95 822 907 2,884 719 11,159 10,447 135 460 11,182 50 -69 -109 4,774 5,141 -422 -518 4,615 -375
Slide 9: Industry AAUM – Individual & B30
Industry AAUM – Individual & B30 (INR Billion unless otherwise stated) QAAUM Individual OurIndustryMAAUM Trend Performance B30 MAAUM Individual Mix 53.7% 55.0% 55.2% B-30 Mix 16.3% 16.6% 16.6% 17,058 16,893 14,902 31,630 31,459 26,937 20,860 20,810 17,270 5,235 6,288 6,244 Mar-21 Dec-21 Mar-22 Mar-2
Slide 10: Industry SIP trend
Industry SIP trend OurIndustry SIP Trend Contribution Performance SIP registrations Quarterly New SIP registrations Count (mm) Live Count (mm) 37.3 40.2 44.9 49.1 52.8 (Figures in Rs. bn) 7.55 7.09 123.3 6.91 113.1 103.5 5.09 91.8 91.6 4.80 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Q4 FY21 Q1 FY22 Q2 FY22
Slide 11: ABSLAMC Performance Overview
ABSLAMC Performance Overview
Slide 12: Strong AUM Growth
Strong AUM Growth (INR Billion unless otherwise stated) Closing Assets under Management Quarterly Average Assets under Management Domestic Total Equity Equity Mix Overall QAAUM Domestic Equity Equity Mix ↑ 7% Y-o-Y ↑ 22% Y-o-Y 42% (PY: 37%) ↑ 9% Y-o-Y ↑ 25% Y-o-Y 41% (PY: 36%) 2,594 2,858 2,782 2,81
Slide 13: Growing Retail Franchise
Growing Retail Franchise Strong retail franchise with 7.9 mm folios (as on Mar 31, 2022); Consistent growth of 15% CAGR between Mar-17 to Mar-22 Mar-22 unless stated otherwise Equity QAAUM Individual MAAUM B-30 MAAUM 1 Size INR 1,210 bn INR 1,380 bn INR 460 bn Q4 FY17 Q4 FY22 Mar-2017 Mar-2022 Mar-2
Slide 14: Focus on Growing SIP Book
Focus on Growing SIP Book Higher share of SIPs helps reduce volatility in inflows through market cycles Building sustainable SIP Book Long Tenure SIP Book2 SIP Book in Rs (mm)1 Quarterly New SIP 1 registrations # of Live Outstanding SIPs1 % Count of Total SIPs Count(‘000) (mm) (Mar-22) 8,921 8,950 3
Slide 15: Pan India Distribution Network
Pan India Distribution Network One of the largest empaneled distributor base 280+ 90+ 110+ Emerging Market Locations Banks 1 Representatives 72,000+ 80+ 240+ Digital Partners National Distributors MFDs B-30 Markets Of 280+ locations, over 80% are in B-30 cities 1 Banks and Financial intermediaries 1
Slide 16: Multi-Channel Distribution Network
Multi-Channel Distribution Network Overall Asset Sourcing Mix1 Broad based distribution sourcing of Equity Assets 9% 10% 10% 12% 13% 13% 15% 15% 15% 20% 18% 18% 31% 32% 31% 51% 51% 51% 45% 43% 44% 17% 18% 18% Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Direct MFDs National Distributor Bank Direc
Slide 17: Multi-Channel Distribution Network Strategy
Multi-Channel Distribution Network Strategy A lean model to expand into deeper markets Emerging Markets Virtual Relationship Service to Sales Sampark Manager 90 + 2,500 + ~ 100 5,000 + Distributors Activated Dedicated Service Persons Distributor Empaneled EM locations Evaluate each potential VRMs ar
Slide 18: Our Digital Assets & Partnerships
Our Digital Assets & Partnerships Customer Customer Distributor 77% 88% 88% Digital Payments 99% Onboarding Servicing Onboarding Innovation and Continuous improvement of our Digital Assets Partner Assets Investor Assets Partner API services Investor Active Mobile App for IFAs Mobile App Account App
Slide 19: Strong IT Infrastructure and Applications
Strong IT Infrastructure and Applications Infrastructure IT Operations / DevOps • DR for Virtual Desktop Infrastructure(VDI) implemented • AppDynamics to monitor application health to take proactive ensuring uninterrupted remote working measures for quick issue resolution & better uptime for • API g
Slide 20: Building our Passives Business
Building our Passives Business 6x ~3,95,000 15+ Growth in Passives (1) Investor Folios Serviced Product Pipeline AUM-> 16,923 20,897 29,637 53,020 99,617 11,673 • Launched 13 new products FOF including ABSLAMC’s 1st Smart Index Beta and 1st Debt Index Fund 74,389 10,392 ETF • A suite of target matur
Slide 21: Passives Fund Portfolio
Passives Fund Portfolio Passives Fund Portfolio Fixed Income Equity Hybrid Commodity Domestic Domestic ABSL Nifty SDL Plus PSU Bond Sectoral International Sep 2026 60:40 Index Broad Based ABSL Nifty SDL Apr 2027 Index ABSL Banking ETF ABSL Nifty ETF/ Index ABSL Global Emerging ABSL Asset Allocator A
Slide 22: Alternative Assets
Alternative Assets PMS / AIF Real Estate Offshore Increasing fund management Signed term sheet with Appointment of seasoned global capabilities for launch of Category II BentallGreenOak, 5th largest global Emerging Market Money Manager as & III Equity and Fixed Income real estate advisory with $74 b
Slide 23: Investor & Distributor Engagement
Investor & Distributor Engagement Aim to educate existing and next generation of investors and distributors Reached 8,04,000+ people through conducting over 11,510 training sessions – many being “industry firsts”1 SAMRIDDHI MAGAZINE INVESTORS HANGOUTS PROGRAM 5 million+ passengers across 25 routes 1
Slide 24: Investing in Sustainability
Investing in Sustainability Environmental Social Governance Leveraging technology for building business has Actively contributing to social and economic Good corporate governance is integral to our been a core element of our upscale model. development of communities and building a business and refle
Slide 25: Awards & Recognition
Awards & Recognition Leaders in Best Digital Customer Fund Manager Asset Mgmt in Asia Experience - of the Year A Balasubramanian Investment Management Bhupesh Bameta Asia Asset Management ET BFSI Medium to Long Duration Debt 25th Anniversary Excellence Award category Business Standard Best Investor
Slide 26: Financial Performance
Financial Performance Aditya Birla Sun Life AMC Ltd. (A part of Aditya Birla Capital Ltd.) ADITYA BIRLA CAPITAL
Slide 27: Summary Financial Statements – Quarterly
Summary Financial Statements – Quarterly Statement Of Profit & Loss Account (INR Million unless otherwise stated) Quarter Ending Change Particulars Mar-22 Dec-21 Mar-21 Q-o-Q Y-o-Y Revenue from Operations 3,235 3,343 3,153 -3% 3% Employee Benefit Expense 653 691 628 -6% 4% Fees and Commission Expens
Slide 28: Summary Financial Statements – Financial Year
Summary Financial Statements – Financial Year Statement Of Profit & Loss Account (INR Million unless otherwise stated) Financial Year Change Particulars FY22 FY21 Y-o-Y Revenue from Operations 12,930 10,679 21% Employee Benefit Expense 2,791 2,407 16% Fees and Commission Expense 198 471 -58% Depreci
Slide 29: Summary Financial Statements
Summary Financial Statements Balance Sheet (INR Million unless otherwise stated) As on Particulars Mar-22 Mar-21 Share Capital 1,440 180 Other Equity 20,525 16,866 Total Equity 21,965 17,046 Financial Liabilities 1,507 1,433 Non-financial Liabilities 876 1,366 Total Equity & Liabilities 24,347 19,84
Slide 30: Notes To Financials
Notes To Financials 1. i) Pursuant to a resolution of Board of Directors dated April 5, 2021 and the shareholders meeting dated April 6, 2021, each equity share of face value of INR 10 each has been split into two equity shares of face value of INR 5 each. Accordingly, the issued, subscribed and pai
Slide 31: Annexure
Annexure Aditya Birla Sun Life AMC Ltd. (A part of Aditya Birla Capital Ltd.) ADITYA BIRLA CAPITAL
Slide 32: Eminent Board of Directors
Eminent Board of Directors Kumar Mangalam Birla Non-Executive Chairman Ajay Srinivasan Amrit Kanwal Sandeep Asthana A. Balasubramanian Non-Executive Director Additional Director Non-Executive Director Managing Director & CEO (Non-Executive) Bharat Patel Alka Bharucha Harish Engineer Navin Puri Sunde
Slide 33: Experienced Management Team
Experienced Management Team Senior management team with us for over 10 years and instrumental in our growth and success A Balasubramanian Managing Director and CEO Mahesh Patil Bhavdeep Bhatt Vikas Mathur Anil Shyam Parag Joglekar Chief Investment Officer Head - Retail Sales Head – Institutional Sal
Slide 34: Thank You
Thank You Aditya Birla Sun Life AMC Ltd. (A part of Aditya Birla Capital Ltd.) ADITYA BIRLA CAPITAL
Slide 35: Disclaimer
DISCLAIMER This presentation is for information purposes only and does not constitute a prospectus, an offering circular, an advertisement, a private placement offer letter or offer document or an offer or the recommendation or solicitation of an offer or invitation to purchase or sell any securitie
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