Ptc India Financial Services Limited · NSE:PFS
Ptc India Financial Services — Q4 FY25 Earnings Presentation
32 slides from Ptc India Financial Services's earnings presentation, May 10, 2025
Slide 1: Cover letter to stock exchanges on results presentation
May 10, 2025 To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G, Bandra- Kurla Mumbai- 400001 Complex, Bandra (East), Mumbai- 400051 Scrip Code: 533344 Scrip Symbol: PFS Subject: Investors’ Presentation on the Financial Resul
Slide 2: Q4 FY25 Investor Presentation
Q4 FY25 INVESTOR PRESENTATION EMPOWERING CHANGE THROUGH SUSTAINABLE INFRASTRUCTUFRE SOLUTIONS
Slide 3: Table of Content
TABLE OF CONTENT 03 04 05 06 PFS PFS AT A SHAREHOLDER BOARD OF OVERVIEW GLANCE INFORMATION DIRECTORS 07 09 16 25 KEY FINANCIAL BUSINESS TRANSFORMA- METRICS FINANCIALS OVERVIEW TION PILLARS
Slide 4: PFS Overview
PFS OVERVIEW 01 02 Company Background Parentage Focus on sustainable financing PFS is a subsidiary of PTC delivering comprehensive and India Limited (Leader in innovative solutions across domestic power trading Infrastructure Value Chain market. 03 04 Vision Credit Rating To be the most preferred CR
Slide 5: PFS at a Glance
PFS PFSAT ATAAGLANCE GLANCE Focus on sustainable finance: offering diversified, customer-centric solutions tailored for infrastructure projects. Focus Areas: 1. Electric Vehicle Mobility 2. Water Treatment Projects ₹ 4,746 Crore 3. Renewable Projects and allied activities Loan Assets for FY25 4. Pow
Slide 6: Shareholder Information
SHAREHOLDER INFORMATION SHAREHOLDER INFORMATION Shareholding Pattern (as on March 31, 2025) 26.20% Top Shareholders (As on March 31, 2025) PTC India Limited 64.99% 1.31% Domestic Institutional Investors 5.43% 2.08% FPI (Category I + Category II) 2.08% 1.78% 64.99% 3.64% PTC India Limited Mutual Fund
Slide 7: Board of Directors
BOARD OF DIRECTORS Mr. Manoj Kumar Jhawar Mr. R Balaji Non-Executive Chairman MD & CEO CMD (Addl. Charge) & Director (Commercial Extensive experience in financial sector, & Operations) in PTC India Limited having worked in a large NBFCs for over 17 years across various segments & verticals. Ms. PV B
Slide 8: Key Financial Metrics - Yearly Snapshot
KEY KEY FINANCIAL METRICS-YEARLY FINANCIAL METRICS- YEARLYSNAPSHOT SNAPSHOT TOTAL INCOME (IN ₹ CR) PAT (IN ₹ CR) DISBURSEMENTS (IN ₹ CR) +35% +56% -18% 916 217 585 776 161 638 FY24 FY25 FY24 FY25 FY24 FY25 RETURN ON ASSETS (%) GROSS STAGE III (IN ₹ Cr) AUM (IN ₹ CR) +129 bps -8% -11% 769 3.56 5395 2
Slide 9: Key Financial Metrics - Quarterly Snapshot
KEY KEY FINANCIAL METRICS-QUARTERLY FINANCIAL METRICS- QUARTERLYSNAPSHOT SNAPSHOT AUM (IN ₹ CR) PROFIT AFTER TAX (IN ₹ CR) 5395 67 5178 58 4746 14 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 NET STAGE III (IN ₹ CR) RETURN ON ASSETS (%) 4.51 294 4.02 3.32 284 280 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY
Slide 10: Business Overview
PIS BUSINESS OVERVIEW
Slide 11: Business Momentum & Competitive Advantage
BUSINESS MOMENTUM & COMPETITIVE ADVANTAGE Increased Business Traction Strategic reduction in ticket - Loan Disbursement witnessed a 56% growth size in line with our overall compared to previous year - Loan Sanctions recorded a 57% growth plan year-on-year Heathy Project Pipeline Ongoing evaluation o
Slide 12: Annual Operational Performance
ANNUAL OPERATIONAL PERFORMANCE SECTOR WISE OUTSTANIDNG FY25 FY 24 7% 11% 7% 20% 20% 7% 3% 4% 13% 30% 21% 41% 7% 9% TOTAL- ₹ 4,746 Cr TOTAL- ₹ 5,395 Cr Renewable Sustainable Infra Transmission Road Renewable Sustainable Infra Transmission Road Distribution Thermal Other* Distribution Thermal Other* *
Slide 13: Portfolio Break Up
PORTFOLIO BREAK UP STATE UTILITIES VS NON-STATE UTILITIES AUM BREAK-UP Focus on Private Enterprises- 90% of fresh proposals are from 61% 01 Private Sector 54% 46% Contribution of State Utilities have increased due to prepayment by 02 Private Borrowers 39% State Utilities Non-State Utilities FY24 FY2
Slide 14: Portfolio Break Up: Gross Stage I, II & III
PORTFOLIO BREAKUP PORTFOLIO BREAK UP TRENDS IN GROSS Stage I, Stage II & Stage III 90% 80% 81% 81% 81% 80% 70% 60% 50% 40% 30% 20% 14% 14% 15% 12% 10% 5% 5% 4% 8% 0% FY22 FY23 FY24 FY25 Gross Stage I Gross Stage II Gross Stage III Notes: Stage 3 (>90 DPD Assets) on Assigned portfolio is ₹ 711 crore
Slide 15: Blueprint for Future
BLUEPRINT FOR FUTURE FY25 – The Year That Was Strengthening the Foundation 1. Resolve legacy issues 2. Institutionalize internal process Year of Stabilization 3. Strengthen Management / Leadership 4. Enhance employee engagement FY26 – Reform to Perform Back to Growth 1. Improve Asset Quality Revivin
Slide 16: Promises to Progress
PROMISES TO PROGRESS Resolve legacy issues a. Qualification Free Balance Sheet: Strengthened systems, controls and processes b. Advance stage of resolutions of Legacy NPAs • IL&FS Tamil Nadu Power Company Limited assigned “BBB-” rating • Remaining 3 Legacy NPA in advances stages of resolution c. ICR
Slide 17: Transformational Pillars
TRANSFORMATIONAL PILLARS PILLAR 1 Stringent Underwriting Parameters & Resilient Business Model 1 PILLAR 2 Granular Lending & Diversified Book 2 PILLAR 3 3 Asset Quality 4 PILLAR 4 Robust and well structured ALM 5 PILLAR 5 Sustainability and ESG focus 16
Slide 18: Pillar 1: Rigorous Standards, Robust Business Model
PILLAR 1: RIGOROUS STANDARDS, ROBUST BUSINESS MODEL Robust credit appraisal Seamless operational risk Maintain adequate liquidity management system and management system and focus on processes cash flow generation Systems for effective Enhanced focus on Early monitoring of compliance of Warning Sign
Slide 19: Pillar 2: Granular Lending and Diversified Book
PILLAR 2: GRANULAR LENDING AND DIVERSIFIED BOOK Leverage on long Standing Relationship Thrust on distributed infrastructure with Existing Project Developers • Smaller ticket sizes at origination 02 • Preferred financial partner • Reduce concentration risk • Customer centric value chain approach • Fo
Slide 20: Pillar 3: Thrust on Enhancing Asset Quality
PILLAR 3: THRUST ON ENHANCING ASSET QUALITY Build High Quality Portfolio Resolve Stress Assets Diversification of Portfolio Stringent monitoring & improved through Granular Lending A A internal controls Innovative Structuring & Customer Centric Approach Quality 4 Key accounts constitute 96%
Slide 21: Gross and Net Stage III
GROSS AND NET STAGE III No new slippages in FY25; all loan accounts disbursed since FY18 In ₹ Crore 01 are classified as STANDARD 769 767 764 750 711 02 Focus on resolution of key stressed accounts 03 Provision Coverage Ratio for Stage III assets is at 60.20% in FY25 295 292 283 280 284 31-Mar-24 30
Slide 22: Four Accounts Constitute 96% of Stressed Assets
FOUR ACCOUNTS CONSTITUTE 96% OF STRESSED ASSETS KEY ACCOUNTS Gross Loan Provision Net Exposure Timely Debt Servicing Account Task Road Map (in ₹ Cr) (in ₹ Cr) (in ₹ Cr) • Restructured in Q3FY2024; timely debt servicing IL&FS Tamil Nadu Power Company Ltd 145 79 66 • Rating upgraded to investment grad
Slide 23: Healthy Capital Base
HEALTHY CAPITAL BASE 3000 40% 2754 36% 35% 2500 2417 2458 32% 2147 2125 30% 2000 25% 23% 1500 20% 15% 1000 12% 10% 10% 500 5% 0 0% FY21 FY22 FY23 FY24 FY25 Networth Net Stage III/Networth 22
Slide 24: Pillar 4: Positive Cash Flows Across ALM Buckets
PILLAR 4: POSITIVE CASH FLOWS ACROSS ALM BUCKETS STRUCTURED LIQUIDITY STATEMENT AS ON 31st MARCH, 2025 LIQUIDITY COVERAGE RATIO In ₹ Crore 1,003 1,138 1,103 1,443 350% 5,000 4,500 4,330 253% 4,000 3,500 2,887 3,000 2,436 2,500 2,000 1,860 122% 1,500 1,409 1,333 75% 85% 95% 1,000 722 406 500 0 Upto 3
Slide 25: Pillar 5: Sustainability and ESG Focus
PILLAR 5 – SUSTAINABILITY AND ESG FOCUS • Focus on Green & • CSR initiatives of the • Board independence and SOCIAL ENVIRONMENTAL GOVERNANCE Sustainable company are in line with diversity Finance philosophy • Disclosure practices: • Integrated ESMS • Crop Residual Management BRSR/ Sustainability int
Slide 26: Financials
PIS FINANCIALS (Classification: Confidential
Slide 27: Key Balance Sheet Indicators
KEY BALANCE SHEET INDICATORS Q4 FY25 Q3 FY25 Q4 FY24 Particulars FY 25 FY24 100 225 120 Loan Sanctioned (₹ Crs) 825 525 50 300 15 Loan Disbursed (₹ Crs) 916 585 4,746 5,178 5,396 Loan Assets (₹ Crs) 4,746 5,396 59.65 57.36 43.07 Capital Adequacy Ratio (%) 59.65 43.07 26
Slide 28: Results Overview
RESULTS OVERVIEW Q4 FY25 Q3 FY25 Q4 FY24 Particulars FY 25 FY24 155.24 158.12 176.92 Total Income (₹ Crs) 638 776 75.11 80.66 19.27 Profit before tax (₹ Crs) 278.52 215.98 Tax expense (₹ Crs) 16.94 13.52 5.41 61.47 55.23 (including deferred tax) 58.16 67.14 13.85 Profit after tax (₹ Crs) 217.05 160.
Slide 29: Key Operational Indicators
KEY OPERATIONAL INDICATORS Q4 FY25 Q3 FY25 Q4 FY24 Particulars FY 25 FY24 Yield on Earning Loan (%) 11.27 11.42 11.91 11.40 11.24 (Stage 1 + Stage 2 loans only) Interest Spread Adj (%) 1.58 1.85 2.79 1.92 2.54 (Stage 1 + Stage 2 loans only) Net Interest Margin (%) 4.68 4.46 4.36 4.25 4.62 (Stage 1 +
Slide 30: Profitability
PROFITABILITY Profit After Tax (PAT) Earnings Per Share In ₹ Crore In ₹ 217.05 175.81 160.75 129.98 3.38 2.74 2.5 2.02 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 29
Slide 31: Yield on Assets and Cost of Funds
YIELD ON ASSETS AND COST OF FUNDS 11.38% 11.53% 11.39% 11.47% 11.42% 11.24% 9.57% 9.69% 9.12% 9.30% 9.43% 8.89% 2.49% 2.41% 2.09% 2.04% 1.85% 1.55% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Yield on assets Cost of funds Spread *Yield on Earning portfolio includes Stage 1 + Stage 2 loans only 3
Slide 32: Thank You
Thank You Priya Chaudhary – VP Investor Relation Email: priya.chaudhary@ptcfinancial.com PTC India Financial Services Ltd 7th Floor Telephone Exchange Building, 8 Bhikaji Cama Place, New Delhi - 110 066 INDIA Fax: +91 11 26737373 / 26737374 Email: info@ptcfinancial.com 31
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