Trucap Finance Limited · NSE:TRU
Trucap Finance — Q1 FY2025 Earnings Presentation
22 slides from Trucap Finance's earnings presentation, Aug 13, 2024
Slide 1: Earnings Presentation Intimation to Stock Exchanges
August 13, 2024 To, To, The General Manager The Manager Department of Corporate Services Department of Corporate Compliance BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001. Bandra (East), Mumbai – 40
Slide 2: Lender to MSMEs with a thrust on Sustainability and Financial Inclusion
Lender to MSMEs with a thrust on Sustainability and Financial Inclusion
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by TruCap Finance Limited (the "Company") solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any co
Slide 4: Company Overview & Financial Highlights
Company Overview & Financial Highlights
Slide 5: At a Glance
At a Glance AUM Q1FY’25 Disbursals Branches Average Loan Ticket Size INR 11.6 Bn INR 3.8 Bn 128 INR 0.12 Mn Active Cumulative Active Lenders Customer Base Customer Served Gross NPA 45+ 100,000+ 370,250+ 1.4%
Slide 6: Business Highlights
Business Highlights Particulars (INR Mn) Q1FY’24 Q1FY’25 Disbursements (Excl. Renewal) 2,674 3,785 Company announced a warrant infusion of INR 482 Mn in Nov’23. INR 120.6 Mn (or 25% of warrant subscription) was received in early Feb’24. AUM 6,597 11,627 MSME Gold Loans AUM 4,049 7,661 Company announ
Slide 7: Product Mix Catering to MSMEs
Product Mix Catering to MSMEs TruCap believes in providing financial access through a diverse range of product offerings to underserved MSMEs. The company is a one-stop solution for all Credit requirements, categorized and customized as per the customer's needs. The products are easily accessible wit
Slide 8: Unwavering Commitment to Support Under-Served, Women Led and Clean Energy Businesses
Unwavering Commitment to Support Under-Served, Women Led and Clean Energy Businesses... Cumulative Count of Customers below INR 0.5 Mn Ticket Size Cumulative Count of Women Borrowers 81,162 353,818 70,050 304,500 60,155 256,232 221,688 51,771 182,882 44,018 Jun’23 Sep’23 Dec’23 Mar’24 Jun’24 Jun’23
Slide 9: ...With Financial Inclusion at the Helm
...With Financial Inclusion at the Helm Quarterly Disbursals (INR Mn) Disbursal (%) 4,520 21% 25% 23% 25% 23% 3,785 2,946 2,999 2,674 79% 75% 77% 75% 77% Jun’23 Sep’23 Dec’23 Mar’24 Jun’24 Jun’23 Sep’23 Dec’23 Mar’24 Jun’24 MSME Gold Loans MSME Business Loans AUM (INR Mn) AUM Split (INR Mn) 11,627 1
Slide 10: Sectoral and Geographical Split of Loan Portfolio
Sectoral and Geographical Split of Loan Portfolio Top 10 Sectoral Mix as on June-24 Geography Plastic Agriculture & Allied Industries Construction Punjab 3% 2% Garments & Apparel UP Engineering 4% 4% 6% 19% Delhi 4% 7% MH Medical 5% 31% Goa 8% Auto 10% 16% 10% RJ Home / Office 10% -Retail 15% 10% FMC
Slide 11: Income Statement - Quarterly
Income Statement - Quarterly Particulars (INR Mn) Q1FY’24 Q1FY’25 Y-o-Y Strong Interest Income growth led by scale up of L-a-a-S* Interest Income 266 432 62% partnerships. Less: Finance Cost 173 261 51% Net interest margin showing signs of stability with potential for improvement going forward. Net
Slide 12: How is TruCap Addressing Needs of MSMEs
How is TruCap Addressing Needs of MSMEs
Slide 13: Latent MSME Potential in India
Latent MSME Potential in India MSMEs Market Size MSMEs Contribution to India’s GDP MSMEs Credit Needs MSMEs Growth Outlook 63.4Mn MSMEs in India, over 29%, Exports (2022): 50% Addressable credit gap in the Bank credit to MSMEs expected 99% of total MSMEs qualify as MSME sector is INR 25.8 trillion*
Slide 14: Relatively Un-addressed & Undeserved Market
Relatively Un-addressed & Undeserved Market Challenges MSME Customers face when trying to get a loan Time-consuming Credit assessment Rigid collateral Customers don't get Process and high TAT of process is not tailored to requirements required services as ticket 1-4 weeks unique needs of MSME size o
Slide 15: Loan Growth driven by Capital Efficiency with L-a-a-S Partners
Loan Growth driven by Capital Efficiency with L-a-a-S Partners INR Mn Balance Sheet Jun’23 Sep’23 Dec’23 Mar’24 Jun’24 What is L-a-a-S? Total Disbursement 2,674 2,946 2,999 4,520 3,785 In an effort to bolster lending to MSMEs, the company has focused L-a-a-S Disbursement* 1,344 1,465 1,582 2,569 1,9
Slide 16: Cluster-based Distribution Network
Cluster-based Distribution Network... 128 Experiential Centres Maharashtra Rajasthan Madhya Pradesh Delhi NCR/ Haryana Gujarat Punjab Goa Expanding network to cater to MSME customers for both Gold & Business Loans. The states of Maharashtra, Gujarat, MP, Haryana and Delhi-NCR comprise 35% of MSME en
Slide 17: ...Focused Largely in Tier II/III/IV Cities...
...Focused Largely in Tier II/III/IV Cities... Total Branch additions FY’20 FY’21 FY’22 FY’23 FY’24 Branches Network strength Maharashtra 2 4 5 Delhi/NCR 3 4 Goa Tier l Madhya Pradesh 19 128 branches More than 85% of our Gujarat 1 across 8 states in branches are located in MSME Rajasthan India hubs
Slide 18: ...With a Scalable Tech Platform
...With a Scalable Tech Platform Our Unified & Modular Portal will be a Customers API centralized platform acting as a core bridge Mobile App between front-end apps and back-end DSA / DST Agent/Internal Portal systems. LOS/LMS Finflux/miFIN The Middleware houses a Business Rules Business Users UNIFIED
Slide 19: Marquee Lenders Funding Growth
Marquee Lenders Funding Growth
Slide 20: Professional Management Team
Professional Management Team Mr. Rohan Juneja Mr. Sanjay Kukreja Mr. Mahendra Kumar Servaiya Mr. Lalit Mohan Chendvankar Ms. Sonal Sharma Mr. Gaurav Bhargava Managing Director Chief Financial Officer Chief Credit Officer Chief Compliance Officer Company Secretary Business Head – & CEO and Legal Head Go
Slide 21: Summary of Key Strengths
Summary of Key Strengths Collaboration with Banks and FIs Financial Inclusion Confidence in the management's Extending loans to credit worthy vision and business model unserved small businesses Customer acquisition Distribution strategy Acquiring customers through technology Phygital approach allowin
Slide 22: Thank You
Thank You For further information, please contact TruCap Finance Limited Adfactors PR Private Limited corpsec@trucapfinance.com Ms. Savli Mangle / Mr. Siddharth Soni www.trucapfinance.com savli.mangle@adfactorspr.com siddharth.soni@adfactorspr.com