Iirm Holdings India Limited · BSE:IIRM
Iirm Holdings India — Q1 FY26 Earnings Presentation
25 slides from Iirm Holdings India's earnings presentation, Aug 4, 2025
Slide 1: Cover letter to BSE and CSE
Date: August 4, 2025 To, BSE Limited, The Calcutta Stock Exchange Limited 1st Floor, P.J. Towers, 7, Lyons Range, Dalal Street, Fort, Dalhousie, Mumbai - 400 001. Kolkata 700 001 Scrip Code: 526530 Scrip Code: 029404 Sub: Investor Presentation. Dear Sir/Madam, Pursuant to the provisions of Regulatio
Slide 2: Your Trusted Partner in Global Insurance Solutions
Your Trusted Partner in Global Insurance Solutions www. iirmholdings.in IIRM Holdings India Limited Formerly known as Sudev Industries Limited Investor Presentation – FY 26 Q1
Slide 3: Leading the Way in Insurance Distribution
Leading the Way in Insurance Distribution IIRM Holdings Limited Key Strengths Core Business Verticals Vision Life & Non-Life 30% CAGR Over 25 years Revenue Growth 01 Corporate Insurance Broking To be recognized as the most trusted and preferred company to work for and partner with in the insurance i
Slide 4: Strategy Overview
Strategy Overview Idea Investment Game Plan Strategic acquisition of Brokers in all Geographies To Invest in Acquisitions in India & Emerging Markets. Scale up the PHY-GITAL Insurance distribution network Inorganic growth to enhance the Reach and Earnings INDIA | SRI LANKA | EAST AFRICA | SOUTH AS
Slide 5: Global Presence Our Credentials
Global Presence Our Credentials 2000+ Corporate Customers 100K+ Retail Customers 100+ Reinsurance Network 155+ Premium Serviced Annually USD Mn 300+ Years of Combined Experience 10+ Our Offices 100+ Reinsurance Network Investor Presentation | www.iirmholdings.in IIRM Holdings India Limited | INDIA
Slide 6: Growth - Revenue
Growth - Revenue Revenue INR($) in Mil. EBITDA in INR Mil.(US $ Mil.) Y-o-Y Growth EBITDA Margin 30.00 7.00 2,209(26) 471(6) 6.00 25.00 465(6) 1,801(22) 5.00 20.00 1,448(17) 4.00 328(4) 15.00 1,108(13) 3.00 234(3) 868(10) 10.00 741(9) 165(2) 2.00 5.00 89(1) 1.00 - - FY20 FY 21 FY22 FY23 FY 24 FY 25
Slide 7: Our Journey
Beginning of our Our Journey 1999 entrepreneurial journey 2002 indiainsure.com launched Since 1999, we’ve been on a mission to bridge the gap in the distribution of general insurance. What Transition from 2003 Insurance agents to began as a group of individual agents quickly evolved into a pioneerin
Slide 8: Board Of Directors
Board Of Directors Ramakrishna Vurakaranam Yugandhara Rao Sunkara Rama Mohana Rao Bandlamudi Venkata Ramudu Jasthi Ramakrishna Vurakaranam is a Yugandhara Rao Sunkara, an Rama Mohana Rao Bandlamudi is Venkata Ramudu Jasthi, former Chartered Accountant with over 20 insurance veteran with 35 years of
Slide 9: Leadership Team
Leadership Team SASI KUMAR VIPPIN CHANDRA DEEPALI RADHAKRISHNA APPARAO PURANDAR ARINDAM GHOSH ADIDAMU ANANTH RAO CHAMARTY RYALI S BHAVANI Vice-Chairman Managing Director Director - Director - Group Chief Director- Director- India Insure India insure Re Insurance Insurance Advisory Financial Officer
Slide 10: Key Trends Shaping Insurance Landscape
Key Trends Shaping Insurance Landscape Technological Transformation Customer Centric Insurers are adopting AI, Modern customers want insurance blockchain, and advanced that’s personal, digital, and effortless analytics to streamline operations, available online, tailored to them, improve accuracy
Slide 11: The Growth of India's Insurance Market
The Growth of India’s Insurance Market Rapid Market Low Penetration Government Technological Demographic Economic Growth Levels Initiatives Integration Advantages Growth Insurance penetration Schemes like Use of AI and digital Young population Increasing GDP and remains below global Pradhan Mantri J
Slide 12: Tapping Emerging Market Opportunities
Tapping Emerging Market Opportunities General Insurance (GI) Premium in India General Insurance (GI) Premium in Kenya ₹ in Billion(in US $ Billion) in US $ Billion 12% CAGR 13% CAGR 10% CAGR 15% CAGR 3.4 2.8 2.5 2.2 1.9 1.7 1.5 1.3 1.1 1.0 1.0 FY20 FY21 FY22 FY23 FY24 FY25E FY26E FY27E FY28E FY29E F
Slide 13: Tapping Emerging Market Opportunities cont…
Tapping Emerging Market Opportunities cont… General Insurance (GI) Premium in Sri Lanka General Insurance (GI) Premium in Maldives in US $ Billion in US $ Billion 6% CAGR 10% CAGR 20% CAGR 18% CAGR FY20 FY21 FY22 FY23 FY24 FY25E FY26E FY27E FY28E FY29E FY30E FY20 FY21 FY22 FY23 FY24 FY25E FY26E FY27
Slide 14: Our Edge in the Insurance Market
Our Edge in the Insurance Unique Selling Propositions Market 01 Extensive Network A robust network of reinsurance partners worldwide, facilitating comprehensive solutions for diverse client needs Offering a wide range of insurance products, including 02 Diverse Product commercial lines, personalline
Slide 15: Our Diverse Offering
Our Diverse Offering TRADITIONAL RETAIL INSURANCE REINSURANCE SPECIALITY LINES OTHERS INSURANCE Property Insurance Retail Health Facultative Cyber Insurance Wellness Energy Insurance Retail Motor Treaty M&A Insurance Self Funded Schemes Engineering Insurance Retail Life Retro Bonds Insurance Staffin
Slide 16: Our Strategic Vision for Growth
Our Strategic Vision for Growth Innovation Scale Continuity PHYGITAL Platform Upsell and Cross-Sell Talent Retention By integrating technology with deep market Leveraging data analytics to drive upsell and Implementing a performance-based stock option insights, insurers are building phygital platfor
Slide 17: Holding Structure
Holding Structure IIRM HOLDINGS INDIA LTD BSE LISTED INDIA INSURE IIRM GLOBAL SHARED IIRM HOLDINGS SINGAPORE IIRM Insurance Distribution SERVICES 100% WELLNESS 100% 100% 100% IIRM LANKA IIRM MALDIVES IIRM KENYA Insurance Distribution Insurance Distribution Insurance Distribution 83.19% 75
Slide 18: Our Portfolio Spread
Our Portfolio Spread GWP Location wise in INR m (US $ m) GWP Mix By Geography as on FY 25 13,268 (159) 11,444 (137) 11,032 (132) 56 (0.6) Maldives Sri Lanka 1% 9,657 (116) 3% 71 (1) 427 (5) 51 (1) 73 (1) 232 (3) 1058 (13) 401 (5) 12,785 (151) India 11,141 (133) 96% 9,923 (119) 9,182 (110) FY22 FY23
Slide 19: Our Portfolio Spread
Our Portfolio Spread Revenue LOB wise % share GWP Mix from Different Verticals Advisory Services, 2% Wellness, 3% Employee Benefits, 22% Others, 4% 8% Fire & Engg, 9% 17% 75% Motor, 33% Speciality Lines, 27% Corporate Business Reinsurance Retail Insurance Investor Presentation | www.iirmholdings.i
Slide 20: Our Portfolio – Customer Spread
Our Portfolio – Customer Spread FY 25 Revenue (INR Mn.) Length of Revenue Client Line of Business Relationship (INR-M) TOP 10 CLIENTS 537 (Years) 1 271.3 Reinsurance 6 2 50.5 Health 11 3 31.5 Engineering 16 TOP 50 CLIENTS 917.9 4 28.6 Health 21 5 27.1 Health 16 6 45.9 Casualty & Cyber 11 TOP 100 CLI
Slide 21: P&L Summary – INR
P&L Summary – INR PARTICULARS ( ₹ IN MIL L IONS ) FY24 FY25 FY25 Q1 FY26 Q1 Revenue from Operations 1,778.26 2,194.50 657.25 679.53 Total Income 1,799.98 2,209.53 658.17 680.28 Operating Expenses 1,312.76 1,723.91 502.14 519.74 EBITDA 465.50 470.59 156.03 160.54 EBITDA % 26.2% 21.4% 23.7% 23.6% Fina
Slide 22: P&L Summary – US Mn.
P&L Summary – US Mn. PARTICULARS ( US $ IN MIL L IONS ) FY24 FY25 FY25 Q1 FY26 Q1 Revenue from Operations 21.30 25.96 7.88 7.95 Total Income 21.56 26.13 7.90 7.96 Operating Expenses 15.72 20.39 6.02 6.08 EBITDA 5.57 5.57 1.87 1.88 EBITDA % 26.2% 21.4% 23.70% 23.60% Finance Cost 0.36 0.33 0.06 0.14 D
Slide 23: Current Quarter Performance
Current Quarter Performance INR M Q1 FY 24-25 Q1 FY 25-26 • The non - life insurance industry in India reached INR 7 93, 012 m from 7 28 599 m in the corresponding period last year a growth of 8.8%. The Fire and engineering premiums Premium 1206 1340 registered growth of 17.14% and 21.15% respective
Slide 24: Investment Merits
Investment Merits Pioneers in Insurance Distribution Extensive Consumer Database With a 25-year successful track record, IIRM Holdings has Possessing an extensive consumer database ready to be established itself as a leader in insurance distribution, monetised, the company is well-positioned to leve
Slide 25: Cautionary Statement
Cautionary Statement Insofar as forecasts or expectations are expressed in this presentation or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in