Piramal Pharma Limited · NSE:PPLPHARMA
Piramal Pharma — Piramal Enterprises — Q4 FY2022 Earnings Presentation
77 slides from Piramal Pharma's earnings presentation, May 26, 2022
Slide 1: Q4 & FY2022 Results Presentation
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Piramal Enterprises Limited Q4 & FY2022 Results 26th May 2022
Slide 2: FY2022 Key Highlights
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 2 FY2022 Key Highlights Progressing well on Pharma demerger FY2022 Performance: DHFL acquisition completed; and simplification of corporate Revenues of INR 13,993 Crores branches integrated and re-activated structure Net Profit of I
Slide 3: PEL Q4 FY22 Revenues and Net Profit
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 3 PEL Q4 FY22 Revenues and Net Profit Total Revenues Reported Net Profit In INR Cr. In INR Cr. Primarily impacted due to additional provisioning 4,163 of INR 822 Cr. and interest reversal of INR 215 Cr. +22% (totaling INR 1,037 Cr.)
Slide 4: Equity allocation
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 4 Equity allocation (In INR Crores) Overall Equity As of March 31, 2022 Pharma1: 15% Financial Services (Lending): 48% Built a differentiated business, valued at an EV of Capital Adequacy Ratio of 21% USD 2,775 million in Jun-2020 1
Slide 5: Key Milestones: Demerger and Simplification of Corporate Structure
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 5 Key Milestones: Demerger and Simplification of Corporate Structure Key Milestones Status / Expected Timeline Board Approval Filing of Application with Stock Exchanges RBI Consent (on Scheme of Arrangement) Consent from the F
Slide 6: Financial Services
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 6 ▪ Business Overview ▪ Q4 FY22 Performance Highlights Financial Services – Balance Sheet and P&L Performance Business Overview and Q4 FY22 Performance – Liabilities Side & ALM – Capital Adequacy and Leverage – Asset Quality & Provi
Slide 7: Financial Services: Business overview
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 7 Financial Services: Business overview FINANCIAL SERVICES Retail Retail Lending Wholesale Alternative Life Lending (Off-balance sheet) Lending Assets Insurance INR 1,099 Cr. USD 929 million INR 21,552 Cr. INR 18,747 Cr. INR 43,633
Slide 8: Balance Sheet and P&L Performance: FS Lending
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 8 Balance Sheet and P&L Performance: FS Lending AUM Loan Book Mix Retail Loans In INR Cr. In % INR Cr. 65,185 Retail Wholesale +33% 21,552 48,891 64% >4x 88% 5,303 36% 12% Mar-21 Mar-22 Mar-21 Mar-22 Mar-21 Mar-22 Total Income, net
Slide 9: Robust Liability Management
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 9 Robust Liability Management Average cost of borrowings Average maturity of borrowings Fixed : Floating rate mix In %, for PEL Financial Services In years, weighted average on a residual basis As of Mar-2022 Fixed Rate Floating Rat
Slide 10: Asset Quality and Provisioning Trends
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 10 Asset Quality and Provisioning Trends GNPA and NNPA Ratios Provisioning as a % of AUM Overall Provisions In % GNPA NNPA In % In INR Cr. 3,735 4.1% 5.7% 5.7% 3.4% 2,797 2,655 3.3% 4.0% 2.1% 1.8% 1.6% Mar-21 Dec-21 Mar-22 Mar-21 De
Slide 11: Strategic Roadmap
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 11 ▪ Progress on transformation agenda Strategic Roadmap ▪ FY2027 Aspirations ▪ Execution Update / Initiatives for FY 2023
Slide 12: Transformation agenda: Embarking on Phase 3
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 12 Transformation agenda: Embarking on Phase 3, with focus on sustainable growth and profitability Transforming from a wholesale-led to a diversified business, post DHFL acquisition Phase 1: Retail Loan Book Consolidation ✓ ✓ INR 5,
Slide 13: Phase 3: Sustainable growth and profitability
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 13 Phase 3: Sustainable growth and profitability Our approach to building and managing the Financial Services business Growth Balance between 3 principal vectors of Financial Services Risk Profitability Key enablers: Technology Deci
Slide 14: Phase 3: FY2027 Aspirations
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 14 Phase 3: FY2027 Aspirations Key Parameters By end-FY2027 (5-year horizon) Retail : Wholesale Mix 60-70% Retail and 30-40% Wholesale AUM ~2x (vs. Mar-2022) Retail Disbursement Growth 40-50% (5-year CAGR) Leverage (Net Debt-to-Equi
Slide 15: Execution Update: Overall Financial Services
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 15 Execution Update FY2021 FY2022 Remarks / FY 2023 Initiatives Share of retail to further increase in FY23; aim to achieve Wholesale: Retail Loan Mix (%) 88: 12 64 : 36 2/3rd retail and 1/3rd wholesale in 5 years Overall AUM (INR C
Slide 16: Execution Update (cont'd)
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 16 Execution Update (cont’d) FY2021 FY2022 Remarks / FY 2023 Initiatives Retail Loans (INR Cr.) 5,303 21,552 On-track for strong Retail AUM growth On-track to achieve guidance of INR 2,500-3,500 Cr. of Retail Disbursements (INR Cr.)
Slide 17: Retail Lending
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 17 ▪ Retail AUM and its breakdown ▪ ‘Twin Engine’ Strategy – Product Portfolio & Attributes – Disbursement Growth and Customer Base Retail Lending – Disbursement mix and yields – Technology Infrastructure ▪ ‘Phygital’ Secured Lendin
Slide 18: Total Retail AUM: An at-scale lender in the affordable segment
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 18 Total Retail AUM: An at-scale lender in the affordable segment Retail loan book growth Off-Balance Sheet Retail assets acquired with DHFL INR Cr. INR Cr. 21,552 20,134 18,747 >4x Securitized, fee- earning assets1 5,303 now being
Slide 19: Adopting a 'twin engine' strategy for retail lending
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 19 Strategy: Adopting a ‘twin engine’ strategy to build the retail lending business Two Engines to drive scale and customer growth Digital lending originated ‘Phygital’ secured lending through digital assets & business partnerships
Slide 20: Multi-product retail lending platform
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 20 Products: A multi-product retail lending platform across the risk-reward spectrum Product Segments Key Products Average ticket size Disbursement yield (Retail Lending) (added since Nov-2020) (INR lacs, as of Mar-2022) (%, for Q4
Slide 21: Strong disbursement growth of 100% QoQ and 267% YoY in Q4 FY22
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 21 Disbursements: Strong disbursement growth of 100% QoQ and 267% YoY in Q4 FY22 Retail loans – Quarterly disbursements Active Customers In INR Cr. #, period-end 4Q FY22 Performance: ~132,000 customers 1 1,480 acquired in Q4 FY22 ~1
Slide 22: Yields: Disbursement yields continue to improve QoQ
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 22 Yields: Disbursement yields continue to improve QoQ Disbursements across product segments Disbursement origination in Q4 FY22 Improvement in disbursement yields %, based on value for retail loans %, based on value for retail loan
Slide 23: Technology Infrastructure: in-house software development capabilities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 23 Technology Infrastructure: We have built in-house software development capabilities, which are being utilized to build all our digital assets Our Tech Strategy and Choices Digital assets created / launched during FY2022 ✓ ✓ Launc
Slide 24: Mobile App: One-stop shop for customers
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 24 Mobile App: One-stop shop for customers for accessing their loan account and avail cross-sell offers Launched Mobile App (Android and iOS) App Downloads 127,000+ App Rating 4.6 (iOS) 4.3 (Android)
Slide 25: 'Phygital' Secured Lending
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 25 ‘Phygital’ Secured Lending: Physically-distributed, digitally-enabled lending Cloud Innovative customized architecture product offerings E-mail Centralized, Physical infrastructure data-driven Mobile credit decisioning ‘Feet-on-t
Slide 26: Distribution: India-wide network; branch re-activation
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 26 Distribution: India-wide distribution network; significant progress on branch re-activation Extensive distribution network Branch re-activation at DHFL As of Mar-2022 Branches Branches added since Sep-21 % of ‘login-active’ branc
Slide 27: Digital Embedded Finance: preferred lending partner
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 27 Digital Embedded Finance: A preferred lending partner for the consumer tech ecosystem, offering personalized financing solutions to customers Digital Platforms (Fintech / Consumer Tech firms) Partnerships Unsecured Business Loans
Slide 28: Digital Embedded Finance: Diversifying categories, models and partners
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 28 Digital Embedded Finance: Diversifying across product categories, business models and partners Categories in focus for Embedded Finance solutions ₹ Consumer Pre-owned Education Healthcare Merchant Digital Personal Gold OEMs Finte
Slide 29: Digital Embedded Finance: Scaling-up partnerships
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 29 Digital Embedded Finance: Scaling-up partnerships with Fintech and Consumer Tech firms Overview of our Digital Embedded Finance business Quarterly disbursements AUM As of Mar-2022 In INR Cr. In INR Cr. 332 333 15 10,175 Programs
Slide 30: EarlySalary: ~10% equity stake
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 30 EarlySalary: ~10% equity stake in EarlySalary, one of our key fintech business partners Products Offered Customer Segment Consumer loans catering to all lifestyle Serving the financing needs of young, AUM AUM Growth needs of its
Slide 31: Asset Quality: Retail Portfolio
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 31 Asset Quality: Retail Portfolio As of Mar-2022 Average loan-to-value By stage of construction Retail GNPA ratio 1.1% For Secured Lending Segments, % For Housing segment only Housing 63% Retail NNPA ratio 0.8% 74% 24% Total Provis
Slide 32: Wholesale Lending
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 32 ▪ Diversification of the Wholesale Loan Book Wholesale Lending ▪ Granularity of the Wholesale Portfolio ▪ Performance of Developer Clients in FY22 ▪ Asset Quality
Slide 33: Wholesale Loan Book: Breakdown by sectors and regions
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 33 Wholesale Loan Book: Breakdown by sectors and regions Breakdown of wholesale loans by product segment1 Wholesale Real Estate exposure by cities As of Mar-2022 As of Mar-2022 1% 1% 13% 10% 6% 14% 40% 4% 10% 76% 25% Real Estate (RE
Slide 34: Granularity: making the loan book more granular
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 34 Granularity: Progressing in line with our strategy to make the loan book more granular Wholesale AUM (excl. DHFL)1 Top-10 exposures Single-borrower exposures In INR Cr. In INR Cr. No. of accounts >15% of net worth -18% -31% 51,43
Slide 35: Performance of Developer Clients in FY2022
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 35 Performance of Developer Clients: Strong performance in FY2022, reflecting trends in the overall residential real estate sector Residential RE Industry – Housing Units Sold Performance of our developer clients in FY 2022 Top-8 ci
Slide 36: Asset Quality – Wholesale Portfolio
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 36 Asset Quality – Wholesale Portfolio As of Mar-2022 Wholesale Lending: Stage 2 and 3 assets Wholesale GNPA ratio1 4.6% In INR Cr. Stage-2 Stage-3 3,542 Wholesale NNPA ratio1 2.1% 2,789 1,995 1,993 Provisions as a % of wholesale AU
Slide 37: Foundational Pillars for Wholesale 2.0
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 37 Wholesale Lending: Foundational Pillars for Wholesale 2.0 Wholesale Lending Foundational pillars 1 Granular 2 Relationship 3 Superior risk 4 5 Under- 6 Proactive asset ALM book driven management writing monitoring Building a Stri
Slide 38: Non-lending businesses
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 38 Non-lending businesses
Slide 39: Alternatives: Fund management business with marquee investors
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 39 Alternatives: Fund management business with long-standing partnerships with marquee investors Fund Partner / Co-sponsor Committed / Deployed Capital Investment Strategy Piramal ‘Performing USD 300m committed; Performing credit ma
Slide 40: Life Insurance: JV with Prudential
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 40 Life Insurance: JV with Prudential1; industry leader in the Defense segment Piramal’s stake in Pramerica Life Insurance (PLI) Customer Base Embedded Value Solvency Ratio As of Mar-2022 1% 2.5 million INR 1,802 Cr. 404% Piramal (F
Slide 41: Liabilities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 41 Liabilities ▪ ALM profile and GAP trends ▪ Borrowing mix
Slide 42: Asset-liability profile
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 42 Asset-liability profile (in INR crores) As on March 31st, 2022 (1) Cumulative Inflows Cumulative Outflows 1,27,390 1,17,319 Cash & Cash Equivalents: INR 8,533 Cr. 85,929 65,156 56,125 40,339 28,346 16,682 16,108 8,521 10,725 11,8
Slide 43: Improved ALM – increase in positive GAP
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 43 Improved ALM – increase in positive GAP Cumulative ALM GAP - up to 1-year (period-end) Cumulative GAP up to 1 year (INR Cr.) Significant improvement in positive gap Cumulative GAP as a % of Cumultative Outflows (up to 1 year) +76
Slide 44: Borrowings: Diversifying the borrowing mix
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 44 Borrowings: Diversifying the borrowing mix Breakdown of borrowing mix by type of instruments Breakdown of borrowing mix by type of lender 5% 4% 6% 6% 5% 5% 1% 8% 5% 7% 6% 1% 5% 1% 5% 2% 1% 17% 17% 17% 17% 17% 5% 5% 4% 23% 24% 23%
Slide 45: Financial Statements and KPIs for Financial Services
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 45 Financial Statements and KPIs ▪ P&L Summary for Financial Services ▪ ROA Tree ▪ Stage-wise Provisioning
Slide 46: P&L Summary – Financial Services (Lending Business)
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 46 P&L Summary – Financial Services (Lending Business) (in INR crores) P&L Metrics Q4 FY22 Q3 FY22 Q4 FY21 FY 2022 FY 2021 B A▪ Impacted by negative carry of Interest Income 1,982 2,103 1,394 7,016 6,926 ~INR 100 Cr. due to excess c
Slide 47: ROA Tree – Financial Services (Lending Business)
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 47 ROA Tree – Financial Services (Lending Business) KPIs (as a % of assets) Q4 FY22 Q3 FY22 Q4 FY21 FY 2022 FY 2021 B Interest Income 11.2% 11.9% 11.5% 11.7% 13.7% Interest Expenses 8.0% 8.0% 8.1% 8.1% 8.2% A Net Interest Income 3.2
Slide 48: Stage-wise breakdown of assets and provisioning
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 48 Stage-wise breakdown of assets and provisioning Total Assets (INR Cr.) Stage-wise breakdown Mar-2022 Dec-2021 Mar-2021 Stage-1 55,420 56,575 44,354 Stage-2 4,072 3,439 2,519 Stage-3 2,227 2,159 2,018 Sub-total 61,720 62,173 48,89
Slide 49: Pharma
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 49 Pharma
Slide 50: Strong Revenue Growth during FY22
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 50 Strong Revenue Growth during FY22 Long-term revenue performance Q4 & FY22 performance Revenue Contribution to PPL (In INR Crore) Annual Revenue1,2 EBITDA Margin (In INR Crore) 7% 11% 14% 14% 15% 17% 18% 21% 26% 22% 18% India Cons
Slide 51: CDMO: Revenue growth continues in FY22
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 51 CDMO: Revenue growth continues in FY22; investing for future Long-term revenue performance Q4 and FY22 performance 64% of the revenue from Commercial Products (In INR Crore) (In INR Crore) 10-year Revenue CAGR of 11% +10% Market
Slide 52: CDMO: Clearly identified strategic priorities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 52 CDMO: Clearly identified strategic priorities Capacity a. Expanding major sites through customer-led brownfield expansions Capability b. Increasing revenue share and attract customers with our differentiated offerings c. Growing
Slide 53: Capability: execution against strategic priorities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 53 Our execution against identified strategic priorities… a. Expanding major sites through customer-led brownfield expansions $157 Mn of growth-oriented Capex investments committed across multiple sites. Illustrated below are a few
Slide 54: Customer: Growing deeper with key clients
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 54 …Our execution against identified strategic priorities… c. Growing deeper with our key clients We have an Attractive Customer Mix… … with increasing share of Revenue from Top 20… … while also ensuring low revenue concentration Ge
Slide 55: Customer and Inorganic Growth
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 55 …Our execution against identified strategic priorities e. Leveraging our end-to-end model to offer integrated services Track record of executing over 170 projects Order book showing increasing traction for Integrated Projects (to
Slide 56: Complex Hospital Generics: Significant recovery during FY22
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 56 Complex Hospital Generics: Significant recovery during FY22 Long-term revenue performance Q4 and FY22 performance 76% Revenue from Regulated Markets (In INR Crore) (In INR Crore) Others 10-year Revenue CAGR of 17% 22% +20% North
Slide 57: Complex Hospital Generics: Strategic priorities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 57 Complex Hospital Generics: Clearly identified strategic priorities Differentiated a. Leveraging our differentiated portfolio for gaining market share and driving growth portfolio New Product b. Developing a strong pipeline of pro
Slide 58: Differentiated Portfolio
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 58 Our execution against identified strategic priorities… a. Leveraging our differentiated portfolio for gaining market share and driving growth Differentiated portfolio of over 40 existing products spanning Inhalation Anesthesia an
Slide 59: Vertical Integration
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 59 …Our execution against identified strategic priorities c. Continuing vertical integration and capacity expansion of manufacturing for revenue growth and margin expansion Inhalation Anesthesia facility (Bethlehem) Inhalation Anest
Slide 60: Continued robust performance in India Consumer Healthcare
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 60 Continued robust performance in the India Consumer Healthcare Business Long-term revenue performance Q4 and FY22 performance Revenue by Category (In INR Crore) (In INR Crore) Covid Others Women's Protect 1% 10-year Revenue CAGR o
Slide 61: India Consumer Healthcare: Strategic priorities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 61 India Consumer Healthcare: Clearly Identified strategic priorities Power Brands a. Focusing on growth from Power Brands Brand Promotion b. Investing in brand promotion and marketing New Products c. Launching multiple new products
Slide 62: Brand Promotion
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 62 Our execution against identified strategic priorities… a. Focusing on growth from Power Brands Power Brands Significant portion of revenue from Power Brands 57% Other (In INR Crore) 29% Power Brands FY22 424 Revenue Mix i-range 3
Slide 63: New Products and Alternate Channels
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 63 …Our execution against identified strategic priorities c. Launching multiple new products and brand extensions #4 #1 #2 #2 #3 40 New Products during FY22 New Products Hygiene Menstrual Diaper Activity Ball Peel-Off Wash Cup 18 Ne
Slide 64: PPL Key Strategic Priorities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 64 PPL Key Strategic Priorities
Slide 65: PPL Key Strategic Priorities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 65 PPL Key Strategic Priorities 1 Delivering consistent revenue growth and improving profitability 2 Pursuing organic and inorganic growth opportunities leveraging fresh capital Track record of building scalable ✓ Capacity expansion
Slide 66: Financials
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 66 Financials
Slide 67: Diversified Revenue Mix – PEL (Consolidated)
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 67 Diversified Revenue Mix – PEL (Consolidated) (In INR Crores or as stated) Quarter IV ended % Sales for 12M ended % Sales for Net Sales break-up 31-Mar-22 31-Mar-21 % Change Q4 FY2022 31-Mar-22 31-Mar-21 % Change FY2022 Financial
Slide 68: PEL – Consolidated Profit & Loss
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 68 PEL – Consolidated Profit & Loss (In INR Crores or as stated) Quarter IV ended 12M ended Particulars 31-Mar-22 31-Mar-21 % Change 31-Mar-22 31-Mar-21 % Change Net Sales 4,163 3,402 22% 13,993 12,809 9% Non-operating other income
Slide 69: PEL – Consolidated Balance Sheet
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 69 PEL – Consolidated Balance Sheet (In INR Crores) Particulars As on March 31st, 2022 As on March 31st, 2021 Equity Share Capital 48 45 Other Equity 35,441 33,973 Non Controlling Interests 1,348 1,121 Borrowings (Current & Non Curr
Slide 70: Appendix
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 70 Appendix
Slide 71: Continued expansion of retail lending product portfolio
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 71 Products (FS Retail): Continued expansion of the product portfolio in retail lending Retail Lending - Product Portfolio New Additions 9 P Partnerships2 Unsecured Business Loans P D 12 Live Partnerships D Direct Sales Merchant BNP
Slide 72: Customer Segment: Financing the under-served 'Bharat' market
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 72 Customer Segment (FS Retail): Financing the needs of the under-served ‘Bharat’ market; dominant lender in ‘Affordable Housing’ and ‘MSME loans’ Small business owner Small business owner ‘Kirana store’ owner Tailoring business in
Slide 73: Credit Ratings
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 73 Credit Ratings Instrument Credit Rating ICRA AA (Stable)/ Long Term CARE AA (CWD) Non-Convertible Debentures (NCD) Short Term CARE A1+ Commercial Paper Short Term CARE A1+/ CRISIL A1+ (CP) ICRA AA (Stable)/ Market Linked Debentur
Slide 74: Pharma: Our Execution against Strategic Priorities
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 74 Pharma: Our Execution against Strategic Priorities ✓ Completed / announced capacity expansion across multiple sites (CDMO) ✓ Leveraged our differentiated offerings and power brands for gaining / defending market share (PCC, ICH)
Slide 75: Dial-in details for Q4 & FY2022 Earnings Conference Call
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 75 Dial-in details for Q4 & FY2022 Earnings Conference Call Event Location & Time Telephone Number +91 22 6280 1264 / +91 22 7115 8165 (Primary Number) India – 6:00 PM IST 1800 120 1221 (Toll free number) USA – 8:30 AM Toll free num
Slide 76: Disclaimer
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 76 Disclaimer Except for the historical information contained herein, statements in this presentation and any subsequent discussions, which include words or phrases such as 'will', 'aim', 'will likely result', 'would', 'believe', 'm
Slide 77: For Investors
Piramal Enterprises Limited – Q4 & FY2022 Results Presentation Page 77 For Investors : Hitesh Dhaddha Chief Investor Relations Officer Email : hitesh.dhaddha@piramal.com Phone : +91 22 3046 6306 Aditya Sharma Anupam Jain Chief Manager – IR (Financial Services) IR (Pharma) Email : investor.relations@
Piramal Enterprises — Q4 FY2022 Earnings Presentation on 6ix