Emkay Global Financial Services Limited · NSE:EMKAY
Emkay Global Financial Services — Q2 FY22 Earnings Presentation
40 slides from Emkay Global Financial Services's earnings presentation, Oct 28, 2021
Slide 1: Filing cover letter to stock exchanges
Your success is our success 28.10.2021 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza P. J. Tower, Dalai Street, Bandra Kurla Complex Mumbai400 001 Bandra (East), Mumbai-400 051 SCRIP CODE: EMKAY SCRIP CODE: 532737 Dear Sirs, Sub: In
Slide 2: Investor Presentation Q2 FY22
Investor Presentation Q2 FY22 28.10.2021
Slide 3: Safe Harbor
Safe Harbor This presentation and the following discussion may contain “forward looking statements” by Emkay Global Financial Services Limited (EGFSL) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financial
Slide 4: Contents
CONTENTS ⬢ Key Highlights of Q2 FY22 ⬢ Consolidated Performance Highlights ⬢ Business Performance ⬢ Corporate Overview 3
Slide 5: Key Highlights of Q2 FY22
1 Key Highlights of Q2 FY 22 4
Slide 6: Key Highlights of Q2 FY22
Key Highlights of Q2 FY22 The IE Business organized its biggest ever flagship conference Emkay was the lead and Emkay was one of the Emkay was the lead ‘Emkay Confluence- 2021 from sole BRLM in the INR 80 BRLMs to Bank of BRLM to Action 9th August to 13th August, 2021 and witnessed participation fro
Slide 7: Performance Highlights
2 Performance Highlights 6
Slide 8: Key Highlights: Consolidated Financials
Key Highlights: Consolidated Financials Revenues Profit Before Tax Profit After Tax EPS BVPS (Rs. In Lac) (Rs. In Lac) (Rs. In Lac) (Rs.) (Rs.) Q2 FY22 7,698 1,324 938 3.81 75.03 36% 2% 4% 4% 5% Q1 FY22 5,641 1,293 977 3.97 71.73 Q2 FY22 7,698 1,324 938 3.81 75.03 83% 124% 156% 156% 17% Q2 FY21 4,21
Slide 9: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Cons. Cons. QoQ% Cons. YoY % Cons. Cons. YoY % Particulars (Rs. In Lac) Q2 FY22 Q1 FY22 Change Q2 FY21 Change 6M FY22 6M FY21 Change Revenue Income from Operations 7,560 5,608 35 4,173 81 13,167 7,395 78 Other Income 138 33 318 43 221 172 90 91 Total Revenue 7,69
Slide 10: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Cons. Cons. QoQ% Cons. YoY % Cons. Cons. YoY % Particulars (Rs. In Lac) Q2FY22 Q1 FY22 Change Q2 FY21 Change 6M FY22 6M FY21 Change Share of Profit/(Loss) of Associates (56) (23) 143 (11) 409 (79) (25) 216 Profit for the Period/Year 938 977 (4) 367 156 1,914 376
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs. In Lac) As at 30.09.2021 As at 31.03.2021 ASSETS Financial Assets (a) Cash and cash equivalents 5,444 14,906 (b) Bank Balance other than (a) above 40,565 18,674 (c) Derivative financial instruments 7 - (d) Stock in trade (Securities held for 2,018 - tradin
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs. In Lac) As at 30.09.2021 As at 31.03.2021 LIABILITIES AND EQUITY LIABILITIES Financial Liabilities (a) Payables 12,100 11,693 (b) Borrowings (other than debt securities) - 1,000 (c) Deposits 2,160 169 (d) Other Financial liabilities 36,790 24,774 Sub-total
Slide 13: Business Performance
3 Business Performance 12
Slide 14: Revenue across Businesses
Revenue across Businesses Broking & Allied Services 4% QoQ 24% YoY 37% 6M YoY Our Businesses Asset Management Broking & Allied Wealth Others Including Asset Management Services Management Treasury 37% QoQ 19% YoY 61% 6M YoY Revenue in Q2FY22 Rs.3,424 lacs Rs.278 lacs Rs.200 lacs Rs.3,796 lacs Revenu
Slide 15: Broking & Allied Services
3.1 Broking & Allied Services 14
Slide 16: Revenue
Revenue Revenue Growth 4% QoQ 24% YoY 37% 6M YoY 8000 37% 7000 24% 6000 5000 4% In the second quarter, 4000 revenue from broking 3000 and allied services grew 24% YoY to 2000 Rs.3,424 lacs 1000 0 Q2 FY22 Q1 FY22 Q2FY21 6M FY21-22 6M FY20-21 15
Slide 17: Equity ADTO
Equity ADTO Combined Equity ADTO: Cash and F&O (Rs. In Lac) 259% ADTO Growth 35000000 25% 25% QoQ 30000000 352% 259% YoY 352% 6M YoY 25000000 20000000 15000000 10000000 5000000 0 Q2FY22 Q1FY22 Q2FY21 6MFY22 6MFY21 16
Slide 18: Conferences
Conferences Our biggest ever flagship conference ‘Emkay Confluence- 2021’, took place from 9th August to 13th August, 2021 and witnessed participation from 160 companies leading to over 2500 meetings. It also hosted some insightful and engaging panel discussions and keynote speeches. 17
Slide 19: Conferences
Conferences The Institutional Equities team organized ‘Emkay Konnect - Festive Dealers/ Distributors Conference’ in October, 2021. The conference was attended by 18 dealers/ distributors/ experts, 100 funds and 186 individuals from the investor community and resulted in over 390 meetings 18
Slide 20: Commodity & Currency
Commodity & Currency 19
Slide 21: Commodity & Currency
Commodity & Currency Emkay Commodity ADTO (Rs. in Lac) -5% ADTO Changes 25000 -28% -28% QoQ 25% -5% YoY 20000 25% 6M YoY 15000 10000 5000 0 Q2FY22 Q1FY22 Q2FY21 6MFY22 6MFY21 20
Slide 22: Commodity & Currency
Commodity & Currency Emkay Currency ADTO (Rs. in Lac) -51% -46% ADTO Changes 180000 -17% QoQ 160000 -51% YoY 140000 -46% 6M YoY 120000 -17% 100000 80000 60000 40000 20000 0 Q2FY22 Q1FY22 Q2FY21 6MFY22 6MFY21 21
Slide 23: Asset Management Business
3.2 Asset Management Business 22
Slide 24: Revenue
Revenue Revenue Growth 800 61% 37% QoQ 19% 19% YoY 700 61% 6M YoY 600 -37% 500 400 300 Our PMS+AIF AUMs have grown 22% YoY 200 to INR 80,496 lacs vis- 100 à-vis INR 62,473 lacs 0 Q2 FY22 Q1 FY22 Q2FY21 6M FY21-22 6M FY20-21 23
Slide 25: Initiatives
Initiatives The fourth series of Emkay Investment Managers’ award winning fund ‘Emkay Emerging Stars Fund’ was launched in July, 2021. The fund seeks to generate long term capital appreciation for investors from a portfolio of equity and equity related securities. The fund will invest in 20-25 emerg
Slide 26: Initiatives
Initiatives An exclusive panel discussion ‘Dhan ki baat – a 360 degree look at AIF products in India’ was hosted by EIML on the platform of PMS Bazaar. Experts on the panel included Sandeep Parekh, Managing Partner - Finsec Law Advisors, Somnath Mukherjee, Managing Partner and CIO - ASK Wealth Advis
Slide 27: Strategies
Strategies Emkay Emerging Stars Fund Seeks to achieve long term • Based on E-Qual Risk Module, • An equal weighted twelve • An equal weighted twenty • A category III AIF capital appreciation by the country’s first governance stock large cap oriented stock mid cap oriented • Investment Universe: pred
Slide 28: Wealth Management Business
3.3 Wealth Management Business 27
Slide 29: Revenue
Revenue Wealth Management 44% QoQ 400 54% 54% YoY 350 54% 54% 6M YoY 300 44% 250 200 Wealth AUMs have 150 grown to INR 2,05,613 100 lac and its revenues increased by 54% YoY 50 0 Q2 FY22 Q1 FY22 Q2FY21 6M FY21-22 6M FY20-21 28
Slide 30: Wealth Management
Wealth Management • Managing over Rs.2,05,613 Lac under MF Advisory & Distribution • In less than 3 years Emkay Wealth emerged from a start-up wealth business to now operating in 9 locations • Tied up with Stockal to provide clients the option of investing in the US Equity Markets. • Undertakes regu
Slide 31: Offerings
Offerings Estate & Succession Allied: Allied is the Investment Enpower: One Emkay: Planning: Advisory Service from Emkay A Discretionary Portfolio One Emkay is a suite of Our expertise in this sector Wealth. We Scan the market for Management Service with a three Asset Allocation includes: products a
Slide 32: Corporate Overview
4 Corporate Overview 31
Slide 33: The Journey
The Journey wn Successfully Commenced Executed first trade in launched 75 Crore equity broking Sensex Futures and IPO and listed on [1995 J on BSE f 1909 Sensex Options {2005 J BSE/ NSE {2005 e Year of eta Commenced et» Converted into ep Incorporated & incorporation equity broking a public limited l
Slide 34: The Board
The Board Managing Managing Director Director Mr. Prakash Kacholia Mr. Krishna Kumar Karwa A member of ICAI; Promoter and A rank holder member of the ICAI and Independent Managing Director of EGFSL Promoter & Managing Director of Director EGFSL Independent Director Mr. Girindrachandra Vasudeo Chairm
Slide 35: Strong Infrastructure
Strong Infrastructure • Exchange connectivity from BSE, NSE, NCDEX and MCX • Technology with ultralow latency 10G high speed infrastructure at NSE CoLo spread across multiple racks in various phases. • Deployment of key applications at external datacenters of world class standards. • Multicast Tick
Slide 36: Strong Infrastructure
Strong Infrastructure • International connectivity for disseminating real-time information & Integration with various FIX aggregators such as » Bloomberg » Fidessa » Thomson Reuters (Autex) » Linedata » Charles River » ITG » Eze Castle » NYFIX • Online chat facility with branches & business associat
Slide 37: Recent Awards & Recognitions
Recent Awards & Recognitions Emkay Emerging Stars Asiamoney Brokers Poll is the largest Fund, our Category III AIF Asia-focused equity services provider poll. was awarded for Team Rankings 2019 Individual Rankings 2020 Best post-Covid AIF Best Energy Team 2 Best Analysts for Media 1 performance acro
Slide 38: Recent Awards & Recognitions
Recent Awards & Recognitions Emkay Wealth Management Best performing Highest volume member in contributor in the recognised as commodity Options segment for One of the Top 10 Wealth Management Segment – West, 2019, by MCX Advisors – 2020 by CEO Insights magazine, an for 2019, by NSE annual recogniti
Slide 39: Shareholding Summary
Shareholding Summary 25.49 Promoters & Promoter Group - 74.51% General Public - 25.49% 74.51 Financial Institutions/ Banks - 0.0% Promoters & Promoter Group General Public Financial Institutions 38
Slide 40: Contact Us
Contact Us Registered Office: 7th Floor, The Ruby, Senapati Bapat Marg, Dadar (W), Mumbai - 400028. Tel: +91 22 6612 1212; Fax: +91 22 66121299 Website: www.emkayglobal.com Data as on 30.09.2021 39
Emkay Global Financial Services — Q2 FY22 Earnings Presentation on 6ix