MoneyBoxx Finance Ltd. · NSE:MONEYBOXX
MoneyBoxx Finance — Q4 FY23 Earnings Presentation
17 slides from MoneyBoxx Finance's earnings presentation, May 25, 2023
Slide 1: Q4 FY23 and FY23 Annual Financial Results
MONEYBOXX FINANCE LIMITED Transforming Lives of Microentrepreneurs Q4 FY23 and FY23 Annual Financial Results 25 May 2023
Slide 2: Disclaimer
Disclaimer This document may contain certain forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. Such forw
Slide 3: Agenda
Agenda Review of Q4 and FY23 Results About the Company Business Performance Financial Position FY23 Highlights Moneyboxx Finance Limited – Improving Funding profile 4Q FY3 Financial Results at a Glance Fast-growing, new-age NBFC Robust Business Growth – Improving branch productivity and expansion
Slide 4: Who we are – Moneyboxx Finance Limited
Who we are – Moneyboxx Finance Limited Transforming Lives of Microentrepreneurs Fast-growing, tech-driven, BSE-listed NBFC Small business loans of ₹ 1-10 Lacs in Tier-3 and below towns MISSION STATEMENT Started in Feb’19, operating in 6 states with 64 branches To deliver easy, cost-efficient and tec
Slide 5: Journey so far – Robust systems & processes ensured success despite COVID
Journey so far – Robust systems & processes ensured success despite COVID Successfully scaled up operations in four years We today are… Data as of 31st March 2023 61 branches 27k+ live accounts 8 12 735 employees ₹338 crores AUM 8 16 ₹ 543 crores 25 lenders cumulative disbursements 14 3 BRANCHES Mar
Slide 6: Proven & scalable business model
Proven & scalable business model Branches Cumulative Disbursements INR crore AUM INR crore 543 338.11 61 84.47 30 119.05 22 202 61.88 29.28 11 90 1 34 Mar-20 Mar-21 Mar-22 Mar-23 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-20 Mar-21 Mar-22 Mar-23 Owned Co Lending BC AUM ₹ crore 3.67 Closing Equity & Equi
Slide 7: FY23 Highlights – Achieved profitability in Q4
FY23 Highlights – Achieved profitability in Q4 Branches AUM Disbursements Fund Raise Mar’23 61 Mar’23 ₹ 338 Cr FY23 ₹ 341 Cr ₹ Cr Equity Debt Mar’22 30 Mar’22 ₹ 119 Cr FY22 ₹ 112 Cr FY23 48.4 235 FY22 14.4 105 2x growth 184% growth 204% growth ROE GNPA CRAR Credit Rating Q4 FY22 Q4 FY23 Mar’22 Mar’2
Slide 8: Growing network of Partners – Continuous Validation by leading lenders
Growing network of Partners – Continuous Validation by leading lenders Existing Lenders Cumulative Equity Capital Raised~ ₹ 94 crore Equity Capital INR crore Price INR/Share On Mar’19 19.03 Raised in Feb’20 11.65 70 Raised in Dec’21 14.42 95 Raised in Jun’22 20.77 115 Warrants (Sep’22) 3.36 115 Rais
Slide 9: Robust business growth driven by branch productivity, expansion and improved liquidity
Robust business growth driven by branch productivity, expansion and improved liquidity with lending partnerships 146 FY23 – 3x Quarterly Disbursements (₹ crore) growth over last year Avg. Vintage AUM AUM per Branch 100 Branch Vintage Branches (Months) (₹ Crore) (₹ Crore) 1-12 Months 31 5 68.6 2.2 65
Slide 10: Achieved profitability in Q4 FY23
Achieved profitability in Q4 FY23 Increasing scale & productivity driving improvement in Opex % Quarterly Profitability Trend 400 30.0% 25.4% 0.42 350 25.0% 300 20.6% 338 20.4% 20.0% 20.0% 250 -0.42 15.4% 200 237 15.0% 150 170 -1.60 10.0% 100 119 130 5.0% 50 -2.70 -2.92 0 0.0% Mar-22 Jun-22 Sep-22 D
Slide 11: Moneyboxx has a proven business model and exceptional asset quality
Moneyboxx has a proven business model and exceptional asset quality Competitive advantages of MONEYBOXX Proven underwriting capabilities amidst challenging environment Very Low NPAs 0.89% 0.75% On-ground presence 0.68% 0.69% 0.62% 0.59% Solid understanding of local economies and sectors; 0.56% Stron
Slide 12: Diversified AUM across geographies
Diversified AUM across geographies Improving geographic diversification Focus on essential sectors provide stability AUM by Sectors (INR crores) # AUM by States (INR crores) # 344 344 121 121 30 63 63 Mar'20 Mar'21 Mar'22 Mar'23 30 Mar'20 Mar'21 Mar'22 Mar'23 Total AUM 30 63 121 344 Total AUM 30 63
Slide 13: Q4 FY23: Results at a glance
Q4 FY23: Results at a glance Achieved profitability in Q4 driven by rising scale & improving productivity Results at a glance: Q4 FY23 Q3 FY23 Q4 FY22 % YOY % QOQ FY23 FY22 % YOY Period ending Mar-23 Dec-22 Mar-22 Mar-23 Mar-22 Operations Branches (period end) 61 54 30 103.3% 12.9% 61 30 103.3% Bran
Slide 14: Income Statement
Income Statement INCOME STATEMENT (INR Lakhs) FY21 FY22 FY23 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 (i) Interest Income 1,085 2,229 4,880 751 835 994 1,280 1,772 (ii) Fee & Commission Income 11 30 146 10 12 22 31 80 (iii) Net gain on fair value changes 15 - - 7 8 Income from Operations 1,096 2,259
Slide 15: Detailed Balance Sheet
Detailed Balance Sheet Balance Sheet (INR Lakhs) 31-Mar-21 31-Mar-22 31-Mar-23 Cash and cash equivalents 243 788 6,240 Loans 6,167 11,994 24,335 Investments - - 200 Other financial assets 257 260 428 Financial Assets 6,667 13,042 31,203 Current assets (net) 119 80 337 Deferred tax assets (net) 84 36
Slide 16: FY23 – Other Important Updates
FY23 – Other Important Updates Diversification of funding sources and lowering of Equity capital raise Other Updates funding cost Partnerships : ₹ ~600 crores per annum Warrants issue of ₹ 13.45 crore to Promoters Secured lending: Launch of secured lending tie-ups in place. Disbursed ₹133 Cr in in S
Slide 17: Thank You
THANK YOU Gurugram Corporate Office Address Moneyboxx Finance Ltd, 2nd Floor, Vatika Business Centre, First India Place, M.G. Road, Gurugram – 122002, Haryana Mumbai Head Office Address Moneyboxx Finance Ltd, Wing A-411, Kanakia Wall Street, Chakala, Andheri Kurla Road, Hanuman Nagar, Andheri East,