Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — IIFL Securities — Q3 FY2024 Earnings Presentation
20 slides from Iifl Capital Services's earnings presentation, Jan 22, 2024
Slide 1: Exchange filing cover letter
January 22, 2024 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. Tel no.
Slide 2: Investor Presentation for the quarter ended December 31, 2023
Investor Presentation For the quarter ended December 31, 2023 IIFL Securities Limited Jan 22, 2024 NSE: IIFLSEC | BSE: 542773
Slide 3: Table of Contents
Table of Contents Slide Section Contents reference Key Highlights & Business Performance 3 - 10 Financial Performance 11 - 13 Strategy, Governance & Others 14 - 18 2
Slide 4: Key Highlights & Business Performance
Section KEY HIGHLIGHTS & 01 BUSINESS PERFORMANCE c 3
Slide 5: Rapidly growing financial power house (Q3FY24)
Rapidly growing financial power house (Q3FY24) ₹1,816 billion ₹96 billion ₹2,713 billion Assets Under Mutual Fund Assets Average Daily Turnover Management & Custody Under Management 4.4 rating ₹11.20 billion 17 transactions Gross Margin Trading Completed Investment Highest rated investment Facility
Slide 6: Legacy business in retail broking and distribution
Legacy business in retail broking and distribution o Legacy of over two decades in retail broking and financial product distribution. o Business offerings comprise equity, commodities and currency broking, demat services, portfolio advisory and distribution of investment products Asset Under Managem
Slide 7: Focus on profitable customer acquisition
Focus on profitable customer acquisition Customer Acquisition (‘000) In line with the management strategy of 223 201 209 focusing on the affluent 163 segment 150 152 100 92 81 49 57 56 43 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Average Daily Turnove
Slide 8: One stop shop for financial products
One stop shop for financial products Product offerings Mutual AIFs PMS IPO Insurance FDs Bonds NPS Loans Funds Life General Health Open architecture model in distribution. MF and Insurance are retail focus products with good long term growth prospects. Insurance premiums amounted to ₹1,627 mil
Slide 9: Retail focus on insurance and mutual funds
Retail focus on insurance and mutual funds Mutual Fund AUM (₹ billion) SIP transactions (count) (‘000) 96.1 169 148 150 150 71.3 76.4 68.5 51.5 89 90 91 34.4 28.3 FY19 FY20 FY21 FY22 FY23 9M 9M FY19 FY20 FY21 FY22 FY23 9M 9M FY23 FY24 FY23 FY24 Life Insurance Premium (₹ million) Non-life Insurance P
Slide 10: Strong research capabilities
Strong research capabilities Sector-wise break up of stocks under coverage Market cap break up of stocks under coverage Agriculture Auto IIFL Market cap Banking & Fin Research bracket Building Material Universe Capital Goods Cement Above US$ 10 Billion 68 Chemicals Consumer Discretionary & Electrica
Slide 11: Leading investment bank in India
Leading investment bank in India Investment banking revenues (₹ million) 1,504 1,482 Completed 17 transactions in the last quarter across capital 1,287 markets and private placement/advisory 964 736 Includes 4 IPOs, 8 QIPs, 1 OFS and a number of private placements / advisory transactions 334 334
Slide 12: Financial Performance
Section 02 Financial Performance 11
Slide 13: Consolidated results Quarter ended December 31, 2023
Consolidated results Quarter ended December 31, 2023 ₹ mn Q3FY24 Q2FY24 Q-o-Q Q3FY23 Y-o-Y 9MFY24 9MFY23 Y-o-Y Revenue from Operations 5,588 5,070 10% 3,420 63% 14,748 9,502 55% Other income 235 267 (12%) 50 373% 521 150 247% Total income 5,823 5,337 9% 3,470 68% 15,269 9,652 58% Employee cost 1,178
Slide 14: Financial trends
Financial trends Total revenue (₹ million) Profit after tax (TCI) (₹ million) Return on Equity (%) 3,317 13,704 15,269 3,057 ^ 13,166 ^ 2,480 29% 29% 28.1% 2,321 2,210 25% 24% 8,756 8,678 9,652 1,721 20% 7,900 1,616 FY19 FY20 FY21 FY22 FY23 9M 9M FY19 FY20 FY21 FY22 FY23 9M 9M FY19 FY20 FY21 FY22 FY
Slide 15: Strategy, Governance & Others
Section 03 Strategy, Governance & Others 14
Slide 16: Serving full spectrum of customers across affluent individuals, institutions and corporates
Serving full spectrum of customers spread across affluent individuals, institutions and corporates Affluent Investment High Volume Institutional Investment Management Traders Equities Banking Customer centric goal-based Serves high volume traders Strong research credentials Well positioned in the of
Slide 17: ESG
Commitment towards ESG focus areas EMPLOYEE • Women employees form 21% of total workforce • Counselling and physical health support for employees to promote their mental and physical wellbeing • Organized a "Bring Your Kids to Work" event, hosted Diwali and Christmas Carnivals, etc. • Launched LDP (
Slide 18: Led by an independent and illustrious board
Led by an independent and illustrious board Viswanathan Krishnan Shamik Das Sharma R Venkataraman Independent Director Independent Director Chairman & Managing Director M.S., University of Maryland (USA), B. Cost Accountant MBA, IIM Bangalore; B-Tech, IIT Kharagpur Tech, IIT Kharagpur Co-founder of
Slide 19: Corporate Social Responsibility
Corporate Social Responsibility Smart Shaala - A project on education in 5 aspirational districts IIFL Foundation conducts training for teachers from government schools to improve the learning outcome of the students The project is deployed in five aspirational districts of Rajasthan - Dholpur
Slide 20: Thank You
Published in January 2024 IIFL Securities Limited This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an offer or solicitation for the purchase and sale of any financial instrument. Any action taken by you on THANK