Suryoday Small Finance Bank Limited · NSE:SURYODAY
Suryoday Small Finance Bank — Q3 FY23 Earnings Presentation
28 slides from Suryoday Small Finance Bank's earnings presentation, Feb 9, 2023
Slide 1: Exchange intimation letter on investor presentation
February 9, 2023 Ref.: SSFB/CS/85/2022-23 To, National Stock Exchange of India Limited BSE Limited Listing Department The Corporate Relations Department Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East) Fort, Mumbai —400 051 Mumbai — 400 001 S
Slide 2: Investor Presentation – Q3 & 9M FY23
Suryoday Small Finance Bank Limited Investor Presentation – Q3 & 9M FY23
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Suryoday Small Finance Bank (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Table of Content
01 Q3 & 9M FY23 – Business Update 02 Asset Business Update Table of Content 03 Liability & Liquidity Update 04 Financials & Key Ratios 05 Key Focus Areas – Q4FY23 06 CSR Activities
Slide 5: Business Update Q3 & 9M FY23
SURYODAY ‘A BANK OF SMILES <n Business Update Q3 & 9M FY23
Slide 6: Performance Highlights – 9M FY23
Performance Highlights – 9M FY23 Gross Advances* Disbursements Asset Mix* Collection Efficiency ₹5,408.2 ₹3,395.6 IF – 61.1% 110.4% (+11.0% YoY) (+33.3% YoY) Others – 38.9% (109.0% 9MFY22) Gross NPA Net NPA Provision Coverage CRAR 4.2% 2.7% Ratio$ 36.4% (-628 bps) (-287 bps) 79.2% (67.9% 9MFY22) (41
Slide 7: Key Metrics
Key Metrics Gross Advances (₹ crores)* Disbursements (₹ crores) Customer Base (lakhs) 0.6% Q-o-Q 11.0% Y-o-Y 13.1% Q-o-Q 33.3% Y-o-Y 4.8% Q-o-Q 18.4% Y-o-Y 20.9 21.9 21.9 5,378.4 5,408.2 5,408.2 3,395.6 18.5 18.5 4,872.3 4,872.3 2,547.7 1,121.0 1,118.2 1,265.1 Dec-21 Sep-22 Dec-22 Dec-21 Dec-22 Q3FY
Slide 8: Key Metrics
Key Metrics Yield (%) Cost of Funds (%) NIM (%) -41 bps Q-o-Q -10 bps Y-o-Y -2 bps Q-o-Q -50 bps Y-o-Y -3 bps Q-o-Q 30 bps Y-o-Y 19.2% 18.8% 18.4% 18.8% 18.7% 7.1% 9.9% 6.8% 6.7% 6.7% 6.6% 9.2% 9.2% 8.9% 9.2% Q3FY22 Q2FY23 Q3FY23 9MFY22 9MFY23 Q3FY22 Q2FY23 Q3FY23 9MFY22 9MFY23 Q3FY22 Q2FY23 Q3FY23
Slide 9: Asset Business Update
Asset Business Update Q3 & 9M FY23
Slide 10: Asset Business Update – Q3 FY23
Asset Business Update – Q3 FY23 Particulars IF CV HL SBL FIG Partnerships Others Total Gross Advances – December 2022 (₹ Crores)* 3,306.1 332.9 589.0 323.5 596.2 87.3 173.2 5,408.2 Disbursement – Q3 FY23 (₹ Crores) 891.3 56.1 64.1 59.7 147.4 20.1 26.5 1,265.1 Portfolio Mix – Product Wise Regional Po
Slide 11: ARC Transaction and Impact
ARC Transaction and Impact All figures in ₹ crores, unless otherwise indicated ARC Transaction Total ARC Portfolio Status as of Dec’22 Amt GNPA + Write Off [A] 492 ARC Pool [A] 492 Less : Write-Off 62 ARC Pool Valuation [B] 135 Value of Pool of Assets [Excl. Write-Off] [B] 429 Paying POS Since July-
Slide 12: Pre and Post Covid Book Performance
Pre and Post Covid Book Performance Pre and Post June-21 Advances as on Restructure/Other Advances as on PAR of Post Jun-21 Advances as on 31st Dec-22 (₹ crores) 31st Dec-22 (₹ crores) 31st Dec-22 (%) 98% 96% 97% 96% 5,408.2 5,408.2 4.4% 5,225.2 4,539.2 88% 2.0% 1.1% 65% 869.0 0.6% 183.0 Post Jun 21
Slide 13: Asset Quality
Asset Quality Gross NPA Floating Total GNPA NNPA GNPA1 NNPA1 PCR2 PCR Advances Provisions Provision Provision Product (%) (Incl. (%) (Excl. (₹ Crores) (₹ Crores) (₹ Crores) (₹ Crores) (₹ Crores) (₹ Crores) (%) (%) Tech W/off) Tech W/off) JLG 3,306.1 119.3 28.0 - 28.0 91.3 3.6% 2.8% 82.5% 23.4% HL 58
Slide 14: Movement of PAR
Movement of PAR 22.30% 16.90% 17.10% 15.70% 13.40% 13.00% 12.80% 10.80% 9.70% 9.90% 9.99% 9.72% 7.80% 7.94% 7.40% 6.13% 6.70% 4.60% 4.21% 3.36% PAR 1+ PAR 60+ PAR 30+ PAR 90+ Dec-21’ Mar-22’ Jun-22’ Sep-22 Dec-22 Note: Dec-22 PAR is excluding ARC portfolio 13
Slide 15: Liability & Liquidity Update
Liability & Liquidity Update Q3 & 9M FY23
Slide 16: Deposit Update
Deposit Update Deposits CASA Mix ₹ crores 3,169.6 4,207.0 4,696.9 ₹ crores 608.6 727.1 662.6 48.2% Y-o-Y 58.9 53.6 61.3 9.7% 7.4% 9.3% Retail 3,025.2 3,658.0 CA 2,801.1 549.7 673.6 601.3 Bulk 71.9% 77.9% 92.6% SA 88.4% 90.3% 90.7% 1,181.8 1,038.9 368.5 28.1% 22.1% 11.6% Dec-21 Sep-22 Dec-22 Dec-21 S
Slide 17: Liability Profile & Liquidity
Liability Profile & Liquidity Balance Sheet Mix • As on 31st December 2022, Retail share in total deposits stood at 77.9% 3.3% • This will be gradually utilized by the bank for undertaking disbursements 17.4% activities in the coming quarters. 26.5% Shareholders Fund • Strong and stable ALM maintain
Slide 18: Financial & Key Ratios
Financial & Key Ratios Q3 & 9M FY23
Slide 19: Financials – Balance Sheet December 2022
Financials – Balance Sheet December 2022 Particulars (figures in ₹ crores) Dec-22 Dec-21 Y-o-Y Sep-22 Q-o-Q Capital and Liabilities Share Capital 106.2 106.2 - 106.2 - Reserves and Surplus 1,447.4 1,438.7 0.6% 1,421.3 1.2% Deposits 4,696.9 3,169.6 48.2% 4,207.0 11.6% Borrowings 2,361.5 2,322.2 1.7%
Slide 20: Financials – P&L Account Q3 & 9M FY23
Financials – P&L Account Q3 & 9M FY23 Particulars (figures in ₹ crores) Q3 FY23 Q3 FY22 Y-o-Y Q2 FY23 Q-o-Q 9M FY23 9M FY22 Y-o-Y Interest Earned 291.7 255.0 14.4% 281.0 3.8% 854.2 705.2 21.1% Interest Expended 108.3 87.7 23.5% 105.1 3.0% 317.8 267.2 18.9% Net Interest Income 183.4 167.3 9.6% 175.9
Slide 21: Key Metrics
Key Metrics Particulars Unit Q3 FY23 Q3 FY22 Y-o-Y Q2 FY23 Q-o-Q 9M FY23 9M FY22 Y-o-Y Gross Advances ₹ Crores 5,408.2* 4,872.3 11.0%* 5,378.4 0.6% 5,408.2* 4,872.3 11.0%* Disbursement ₹ Crores 1,265.1 1,121.0 12.9% 1,118.2 13.1% 3,395.6 2,547.7 33.3% Deposits ₹ Crores 4,696.9 3,169.6 48.2% 4,207.0
Slide 22: Geographical Presence
Geographical Presence Branch Distribution Asset focused outlets 364 Liability focused outlets 92* CG:1 Rural Centers 115 DL:3 Total 571 Note: *Includes 26 Composite Branches 15 29 Geographical Mix of the Branches 40 34 16 Outlets Liability Focused Asset Focused URC 94 159 Tamil Nadu* 18 69 17 2 Maha
Slide 23: Outlook for Q4 FY23
<n Outlook for Q4 FY23
Slide 24: Key Focus Areas – Q4 FY23
Key Focus Areas – Q4 FY23 Inclusive Finance – Continued Growth Momentum 01 • Focusing on graduating existing customers to Vikas loan products • Build Vikas Loan Book of ₹1,200 crores (₹ 828 crores in Dec-22) Continued Focus on Product Diversification 02 • Substantial increase in mortgage, affordable
Slide 25: CSR Initiatives
SURYODAY ‘A BANK OF SMILES <n CSR Initiatives
Slide 26: Corporate Social Responsibility
Corporate Social Responsibility Ongoing Programs Key Updates Financial Capability of Domestic Health and Livelihood programs have been layered on existing beneficiaries , Tie up with India Post for Workers "Adhira" KYC updation and Rotary Club for camps. Outreach 3,145 In Odisha, Navi Mumbai and Cud
Slide 27: Corporate Social Responsibility
Corporate Social Responsibility • The CSR activities for the Bank are mostly undertaken by Suryoday Foundation . Currently 6 programs are under implementation over time horizon of 2 years (FY 22 and FY 23) • Further , the Bank is also working with Rotary Club of Chennai for preventive dental care th
Slide 28: THANK YOU !
THANK YOU ! Company: Suryoday Small Finance Bank Limited Investor Relation Advisors: Strategic Growth Advisors Pvt. Ltd. CIN: L65923MH2008PLC261472 CIN: U74140MH2010PTC204285 Mr. Himadri Das Mr. Aakash S Mehta / Mr. Abhishek Shah himadri.das@suryodaybank.com aakash.s.m@sgapl.net / abhishek.shah@sgap
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