Abans Financial Services Ltd · NSE:AFSL
Abans Financial Services — Abans Holdings — Q2/H1 FY24 Earnings Presentation
21 slides from Abans Financial Services's earnings presentation, Nov 10, 2023
Slide 1: Intimation to stock exchanges under Regulation 30
November 10, 2023 To, To BSE Limited (“BSE”) National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers (“NSE”) Dalal Street, The Listing Department, Mumbai 400 001 Exchange Plaza, Bandra - Kurla Complex, Bandra (East), Mumbai – 400051 BSE Script Code: 543712 NSE Symbol: AHL Sub : Intimation
Slide 2: Abans Holdings Limited Q2/H1-FY24 Earnings Presentation
ABANS HOLDINGS LIMITED Q2/H1-FY24 E A R N I N G S P R E S E N TAT I O N Investor Presentation |ABANS HOLDINGS LTD. 1
Slide 3: Snapshot
Snapshot Headquartered in Global Institutional Broker Employees Borrowings - INR 716 Crs Presence in 5 Mumbai countries with 750k License in UK 200+ Total AUM NBFC QFII for Ratings: Short Term- A2 INR 1,920 Crs NPA – Nil Chinese Long Term- BBB+ (STABLE) markets Consolidated Y-o-Y Revenue Growth Y-o-
Slide 4: Company Overview
Company Overview • Abans Holdings Ltd. (AHL) is the diversified financial services company that caters to whole gamut of financial businesses such as Institutional Broking, Asset Management, Financial Lending, Treasury operations and Remittance Services. Revenue, EBITDA (INR Crs) EBITDA Margins (%)
Slide 5: Business Segments
Business Segments Abans Holdings Ltd. Agency Business Finance Business Capital Business Lending Trading & Investments Asset Management Broking • Global Funds Treasury Operations Remittance • PMS Consulting • AIF AGENCY BUSINESS (INR Crs) FINANCE BUSINESS (INR Crs) CAPITAL BUSINESS (INR C
Slide 6: An Emerging Global Asset Manager with strong backward integration
An Emerging Global Asset Manager with strong backward integration • AHL aspires to emerge and become a dominant player in global asset management space. With this view they have established operations in all the key financial markets around the world for customer acquisition and growth. • The compan
Slide 7: Asset Management - Global Arbitrage Opportunities Fund
Asset Management - Global Arbitrage Opportunities Fund • Global Arbitrage Opportunities Fund is the flagship fund under Year USD Date USD/ INR the Asset Management business of Abans Holdings. Returns • It’s a closed ended arbitrage fund with an AUM of INR 568 Crs 1st September 66.9539 2016 1.82% as
Slide 8: Remittance Services
Remittance Services • To complement AHL’s global operations, the company has developed a treasury payment service for institutional clients by providing a range of services including the basic money transfer across exchange rates to enabling global trade counter-party payments. • Under the remittanc
Slide 9: Finance Business
Finance Business • Abans Finance Pvt. Ltd. (AFPL), the lending arm of Abans Holdings Limited is a RBI registered, non deposit taking NBFC since 2013. • The NBFC business is primarily focused on providing secured and unsecured term financing to individuals and small and medium enterprise (SME) across
Slide 10: Growth Strategy
Growth Strategy Onboard more distributors to grow AUM. Recently partnered with leading institutions like SMC Global Securities, Choice Broking, Taurus Wealth for marketing its wealth products. Looking to get Global Arbitrage Fund registered with SCA (capital market regulator in Dubai) which will hel
Slide 11: Q2/H1-FY24 Financial Overview
Q2/H1-FY24 Financial O verview
Slide 12: Q2/H1-FY24 Financial Highlights
Q2/H1-FY24 Financial Highlights Q2-FY24 Consolidated Financial Performance H1-FY24 Consolidated Financial Performance INR 359 Crs INR 33 Crs 9.19% INR 611 Crs INR 66 Crs 10.80% Revenue from EBITDA EBITDA Margin Revenue from EBITDA EBITDA Margin Operations Operations INR 23 Crs 6.41% INR 4.53 /share
Slide 13: Key business updates
Key business updates • Board approval received for operating as an AMC: The Company has got board approval to expand its business operations to operate as an asset management company subject to regulatory approval. • Board approval for setting up an asset management business in Singapore: The Compan
Slide 14: Quarterly Consolidated Income Statement
Quarterly Consolidated Income Statement Particulars (INR Crs) Q2-FY24 Q2-FY23 Y-O-Y Q1-FY24 Q-O-Q Revenue from Operations 359 252 42.5% 252 42.5% Total Expenses 326 235 38.7% 219 48.9% EBITDA 33 17 94.1% 33 0.0% EBITDA Margins (%) 9.19% 6.75% 244 Bps 13.10% (391) Bps Other Income 6 3 NA 4 50.0% Depr
Slide 15: Half Yearly Consolidated Income Statement
Half Yearly Consolidated Income Statement Particulars (INR Crs) H1-FY24 H1-FY23 Y-O-Y Revenue from Operations 611 323 89.2% Total Expenses 545 290 87.9% EBITDA 66 33 NA EBITDA Margins (%) 10.80% 10.22% 58 Bps Other Income 10 3 NA Depreciation 0 0 NA Interest 27 3 NA Profit before exceptional items 4
Slide 16: Historical Financial Overview
Historical Financial O verview
Slide 17: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Crs) FY21 FY22 FY23 H1-FY24 Revenue from Operations 1,326 639 1,151 611 Total Expenses 1,250 555 1,078 545 EBITDA 76 84 73 66 EBITDA Margins (%) 5.73% 13.15% 6.34% 10.80% Other Income 5 7 13 10 Depreciation 1 1 0 0 Interest 31 26 10 27 Profit
Slide 18: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Crs) FY22 FY23 H1-FY24 Particulars (INR Crs) FY22 FY23 H1-FY24 Assets Equity and Liabilities Non-Current Assets 111 248 256 • Share Capital 9 10 10 Property, plant & equipment 13 13 13 • Other Equity 622 817 865 Right to use asset 0 0 0 • Non-co
Slide 19: Key Consolidated Financial Highlights
Key Consolidated Financial Highlights Operational Revenue (INR Crs) EBITDA (INR Crs) & EBITDA Margins (%) PAT (INR Crs) & PAT Margins (%) 1,326 70 28. 00% 1,151 62 84 21. 00% 76 73 46 44 639 66 611 13.20% 14. 00% 10.80% 9.68% 5.70% 6.38% 3.46% 7.0 0% 7.20% 6.11% 0.0 0% FY21 FY22 FY23 H1-FY24 FY21 FY
Slide 20: Capital Market Information
Capital Market Information Share Price Movement (Up to 30th September, 2023) 60% 40% 20% 0% -20% Dec/2022 Jan/2023 Feb/2023 Mar/2023 Apr/2023 May/2023 Jun/2023 Jul/2023 Aug/2023 Sep/2023 ABANS SENSEX Market Data (INR) (As on 30th September, 2023) Shareholding Pattern (As on 30th September, 2023) Fac
Slide 21: Disclaimer
Disclaimer Abans Holdings Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not