Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q2 FY20 Earnings Presentation
16 slides from Can Fin Homes's earnings presentation, September 2019
Slide 1: Can Fin Homes Ltd. at a Glance
Can Fin Homes Ltd. .. at a Glance 32 years of vision, passion and progress Offering home loans since 1987….. and it is just a beginning Information to Investors Q2FY20 ended September 2019 www.canfinhomes.com 1
Slide 2: About us
About us ▪ 32 year old institution registered as a deposit taking HFC with NHB ▪ Promoted by Canara Bank in the year 1987 with the shareholding of 30% Legacy ▪ Listed in 1991. Carries a legacy of an uninterrupted dividend payment since inception ▪ Dominance in South (71% of business) as at September
Slide 3: Board of Directors
Board of Directors Name of the Director Designation Occupation Smt. Bharati Rao Chairperson Former Dy. Managing Director (Independent) State Bank of India Sri Girish Kousgi Managing Director & CEO Managing Director & CEO Shri Debashish Mukherjee Director Executive Director (Promoter) Canara Bank Shr
Slide 4: Performance Highlights – Q2 FY20
Performance Highlights – Q2 FY20 Loan Book surpassed the Rs.19,600 crore mark with a clientele base of 1.55 lakh Y-o-Y Loan Book Growth of 16% PAT up by 20% in Q2 FY20 over Q2 FY19. Sequential Growth in PAT is also 20% (Q2 FY20 over Q1 FY20) NIM: 3.21%, RoAA*: 1.88%, RoE*: 19.10% and EPS: Rs
Slide 5: Performance Highlights – Q2 FY20
Performance Highlights – Q2 FY20 Amount in Rs. Crore As per IND AS As per IND AS Sl. No. Particulars SEP’19 (3m) Jun’19 (3m) SEP’18 (3m) SEP’19 (6m) SEP’18 (6m) 1 New Approvals 1,424 1,289 1,522 2,713 2,731 2 Disbursements 1,334 1,276 1,443 2,610 2,607 3 Outstanding Loan Book 596 622 739 19,600 16,9
Slide 6: Performance Highlights – Q2 FY20
Performance Highlights – Q2 FY20 Amount in Rs. Crore As per IND AS As per IND AS Sl. No. Particulars SEP’19 (3m) Jun’19 (3m) SEP’18 (3m) SEP’19 (6m) SEP’18 (6m) 13 Profit Before Tax & Provisions 137.17 131.56 120.38 268.72 233.01 14 Provision for SA & NPA 6.27 8.66 0.00 14.93 0.00 15 Profit Before T
Slide 7: Key Financial Ratios – Q2 FY20
Key Financial Ratios – Q2 FY20 Amount in Rs. Crore PERIOD ENDED Sl. No. Particulars Sep ’19 Jun’19 Sep’18 1 Return on Avg Assets (Annualised) 1.88% 1.73% 1.91% 2 Return on Avg Equity (Annualised) 19.10% 17.64% 20.05% 3 Earning Per Share (Rs.) 13.41 6.08 11.62 4 Net Interest Margin (%) 3.21% 3.18% 3.
Slide 8: Lending Basket
Lending Basket Category-wise Product-wise Distribution of Loan Book Sl . Category/Product June-18 Sept-18 Dec-18 Mar-19 Sep-19 No. O/s Amt. O/s Amt. O/s Amt. O/s Amt. O/s Amt. 1 Salaried & Professionals i) Housing Loans 10,915 11,294 11,624 12012 12860 ii) Top-up Personal Loans 346 369 388 412 445 i
Slide 9: Funding Basket
Funding Basket Funding Mix @ Sept 2019 Funding Mix @ Sept 2018 Market DEP DEP Borrowings 2% 2% 33% Market Borrowings BANKS 46% 45% BANKS 52% NHB NHB 13% 7% • Cost of borrowings contained at 7.95 % ( vs 7.90% in Mar 19 & 7.90% in Sep’18,) www.canfinhomes.com 9
Slide 10: Portfolio Details
Portfolio Details Product Wise Portfolio Break-up HL - NHL Bifurcation LAP Loan Site Loan 5% 1% Other NHL 90% 1% Topup Loan 4% HL 89% 10% HL NHL www.canfinhomes.com 10
Slide 11: Average Ticket Size and Profile of Customers
Average Ticket Size and Profile of customer Average Ticket Size Profile of Customers 53% 71% 27% 16% 29% 4% 0 to 10 Lakh 10 Lakh - 25 Salaried Lakh 25 Lakh - 50 SENP Lakh > 50 Lakh www.canfinhomes.com 11
Slide 12: Liquidity Position
Liquidity Position Amount in Rs. Crore Particulars For Q3FY20 For Q4FY20 For Q1FY21 ending Dec.19 ending Mar.20 ending Jun.20 Un-availed limits as on 30/09/2019 2,921.88 1,786.85 1,382.94 (Opening Balance) Add: Collections 1,500.00 1,600.00 1,700.00 Less: Interest and principal 1,985.03 1,653.91 1,4
Slide 13: Branch network
Branch network (195 Offices) Punjab – Jalandhar Tamilnadu - Hosur, Chennai (9 branches) , Madurai, Namakkal, Trichy, Coimbatore, Salem, Erode, Chandigarh Vellore, Thiruchengode, Dindigul, Karur, Virudhunagar, Tirunelveli, CBE- P N Palyam, Tirupur,, Rajasthan – Alwar, Jaipur, Kumbakonam, Thoothukudi,
Slide 14: Strategic Initiatives
Strategic Initiatives Branch expansion focus on Tier II/III Growth Centres .. Pan India Network increased from 41 branches as at Mar’11 .. to 140 at Mar’16 .. to 194 now (180 Br/AHLCs + 14 SOs) Of this Non- South network increased from 18 branches at Mar’11 .. to 40 at Mar’16 .. to 75 presently (7
Slide 15: Future Outlook
Future Outlook Vision 2022 : Loan book size of Rs.40,000 Cr by the end of FY2022 (CAGR of 26%) Branch Expansion Plan for 2019-20: 20 New Branches to be opened in growth centres Total Network (Branch/AHLC & SOs) to reach 200 by Mar’20 Focus on Affordable Housing with a proper mix of Non-Housi
Slide 16: Thank You
The forward looking statements and projections, if any, contained in this presentation are predictions and involve known and unknown risks, uncertainties and other factors including the future changes or developments, the competitive environment, ability to implement the strategies and initiatives,