Manba Finance Limited · NSE:MANBA
Manba Finance — Q3 FY25 Earnings Presentation
21 slides from Manba Finance's earnings presentation, December 2024
Slide 1: Earnings Presentation Q3/9M-FY25
EARNINGS PRESENTATION Q3/9M-FY25
Slide 2: Manba Finance is a NBFC providing tailored financial solutions
Manba Finance is a NBFC providing tailored AUM 13,038 Mn financial solutions for two wheelers, three wheelers, used Cars, small business loans and personal Loans INR Present across 71 Present in 6 States & 28+ locations with a spread across 71 Years of Experience network of 1,100+ locations dealers
Slide 3: Key operating and financial metrics
Disbursement Per Disbursement Per Disbursements AUM Per Employee Employee Location Per Month INR 6,715 Mn^ INR 7 Mn* INR 4.56 Mn^ INR 10.51 Mn^ Average Yield on Net interest income Net Interest Margin Cost of Borrowings Average AUM INR 926 Mn^ 12.94%^ 11.52%^ 23.76%^ Return on Asset (%) Gross NPA Ne
Slide 4: 9M-FY25 growth highlights
Total AUM Disbursement Net Interest Income Dealer Growth (48% Growth) (28% Growth) (54.3% Growth) (30% Growth) INR 13,038 Mn (9M-FY25) INR 6,715 Mn (9M-FY25) INR 926 Mn (9M-FY25) 1,118 (9M-FY25) INR 8,805 Mn (9M-FY24) INR 5,235 Mn (9M-FY24) INR 600 Mn (9M-FY24) 862 (9M-FY24) PAT GNPA NNPA Locations
Slide 5: Company Overview
Company Overview 5
Slide 6: Established in 1996, Manba Finance Limited
• Established in the year 1996, Manba Finance Limited (Manba) was founded by Mr. AUM (INR Mn) Manish Shah, a first-generation entrepreneur. • Manba is a Non-Banking Finance Company offering financial solutions for new 2 Wheelers, 3 Wheelers, Electric 2 Wheelers, Electric 3 Wheelers, Used Cars, Small
Slide 7: New vehicle, used car, small business and personal loans
NEW VEHICLE LOANS USED CAR LOANS SMALL BUSINESS LOANS PERSONAL LOANS 7
Slide 8: Geographic presence by state and location
Uttar Pradesh • Hardoi Uttar Pradesh • Lucknow • Raebareli • Sitapur Rajasthan RAJASTHAN • Ajmer • Alwar • Bhilwara • Bikaner Madhya Pradesh • Chittorgarh Madhya Pradesh • Dhar • Chomu Gujarat • Dewas • Gangapur • Indore • Jaipur • Jabalpur • Jodhpur • Pali Chhattisgarh • Rajasmand • Sikar CHATTISGA
Slide 9: Dealer network by state
Name of State FY 22 FY 23 FY 24 9M - FY25 • Ensuring swift KYC handling and showcasing the company's tech-driven customer focus Gujarat 122 169 228 248 • Dealers typically serve a the primary source for understanding customers' funding needs and Maharashtra 390 432 473 502 they also guide customers
Slide 10: Borrowings Distribution
Bank SFB Borrowings Distribution (INR Mn) 1,748 1,646 1,158 1,756 150 1,913 - 41 267 1,626 2,601 3,952 5,712 4,167 NBFC FY22 FY23 FY24 9M-FY25 Secured Term Loans Unsecured Term Loans Non-Convertible Debentures Others • Borrowed from 3 public sector banks, 9 private sector banks and 25 NBFCs • Co-len
Slide 11: Growth strategy
Increasing Penetration In Existing Investing In TECHNOL - OGY Growing 2WS/ 3WS/ EV2WS/ Enhancing Brand Recall To Markets & Diversifying Into New And DIGITIZATION EV3WS Market Attract New Customers Markets • New loan products such • Plan to launch web- • Focusing on EV2Ws and • Initiatives to increas
Slide 12: Q3/9M-FY25 Financial Overview
Q3/9M-FY25 Financial Overview
Slide 13: Q3-FY25 and 9M-FY25 Financial Performance, Operational Highlights
Q3-FY25 Financial Performance Operational Highlights • Achieved the highest-ever disbursement of INR 326.72 crores in Q3 of FY25, a significant increase from INR 253.10 crores in the Q3 of TOTAL INCOME* NII NIM FY24. INR 406 Mn INR 361 Mn 14.82% • Strong growth in NII of 64% YoY in Q3-FY25, with imp
Slide 14: Q3-FY25 income statement
Particulars (INR Mn) Q3-FY25 Q3-FY24 YOY Q2-FY25 QOQ Interest Income 644 438 47.0% 614 4.9% Less: Finance Cost 283 218 29.8% 271 4.4% Net Interest Income 361 220 64.1% 343 5.2% Fee & Other Income 45 43 4.7% 32 40.6% Total Income 406 263 54.4% 375 8.3% Operating Expenses 241 200 20.5% 216 11.6% Profi
Slide 15: 9M-FY25 income statement
Particulars (INR Mn) 9M-FY25 9M-FY24 YOY Interest Income 1,714 1,178 45.5% Less: Finance Cost 788 578 36.3% Net Interest Income 926 600 54.3% Fee & Other Income 111 185 (40.0)% Total Income 1,037 785 32.1% Operating Expenses 648 511 26.8% Profit Before Tax 389 274 42.0% Less: Tax 91 60 51.7% Profit
Slide 16: Income, NII, PAT, AUM, disbursements, ROE and ROA trends
Total Income (INR Mn)* Net Interest Income (INR Mn) PAT (INR Mn) 926 865 314 298 1,098 1,037 684 768 474 600 166 97 FY 22 FY 23 FY 24 9M-FY25 FY 22 FY 23 FY 24 9M-FY25 FY 22 FY 23 FY 24 9M-FY25 AUM (INR Mn) Disbursements (INR Mn) ROE (%) & ROA (%) 13,038 17.0% 6,779 6,715 9,369 4,267 10.4% 6,337 4,9
Slide 17: Capital adequacy, cost of borrowings, provision coverage, NPA
Capital Adequacy Ratio (%) Provision Coverage Ratio (%) Cost of Borrowings (%) 22.00% 31.50% 31.37% 20.00% 11.61% 27.00% 11.52% 24.56% 16.00% 13.00% 11.33% 11.19% FY22 FY23 FY24 9M-FY25 FY22 FY23 FY24 9M-FY25 FY22 FY23 FY24 9M-FY25 Gross NPA (%) Net NPA (%) 4.94% 4.30% 3.74% 3.37% 3.14% 2.83% 2.70%
Slide 18: Annual income statement FY22-9M-FY25
Particulars (INR Mn) FY22 FY23 FY24 9M-FY25 Interest Income 940 1,250 1,684 1,714 Less: Finance Cost 466 566 819 788 Net Interest Income 474 684 865 926 Fee & Other Income 126 84 233 111 Total Income 600 768 1,098 1,037 Operating Expenses 473 540 711 648 Profit Before Tax 127 228 387 389 Less: Tax 3
Slide 19: Balance sheet FY22-H1-FY25
Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Financial Assets Cash and Cash Equivalents 320 624 373 2,063 Bank Balance other than cash and cash equivalents 181 462 876 755 Loans 4,827 6,233 7,831 9,054 Investments 1 184 267 318 Other Financial Assets 107 93 122 188 Total Financial Assets 5,436 7,596
Slide 20: Disclaimer and investor relations contact
Manba Finance 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 current afte
Slide 21: Thank You
Thank You Ny MANBA Manba Finance Ltd