Muthoot Finance Ltd · NSE:MUTHOOTFIN
Muthoot Finance — Q1 FY2022 Earnings Presentation
74 slides from Muthoot Finance's earnings presentation, June 2021
Slide 1: Financial Results Q1 FY 2022
Financial Results Q1 FY 2022 June 2021 MUTHOOT FINANCE LIMITED
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT This presentation may include statements, which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position,
Slide 3: The Group: Diversified business of the Group
THE GROUP Diversified business of the Group Shareholding of holding Primary Business company (%) Muthoot Finance Limited Gold Loans Holding Company Muthoot Homefin (India) Limited Affordable Housing Finance 100.00 Belstar Microfinance Limited Microfinance 70.01 Muthoot Money Limited Vehicle Finance
Slide 4: The Group: Snapshot of performance
THE GROUP Snapshot of performance Q1 FY 2022 Q1 FY 2021 YoY(%) FY 2021 Group Branch Network (Nos) 5,443 5,330 2 5,451 Consolidated Gross Loan Assets* of the Group (` in million) 581,348 465,008 25 582,802 Consolidated Profit of the Group (` in million) 9,786 8,577 14 38,189 Contribution in the Conso
Slide 5: The Group: Gross Loan Assets of the Group
THE GROUP Gross Loan Assets* of the Group (` in millions) Jun-21 Mar-21 Jun-20 YoY (%) Muthoot Finance Limited 526,138 526,223 412,957 27 Muthoot Homefin (India) Limited 17,048 17,042 19,787 (14) Belstar Microfinance Limited 30,721 32,999 25,754 19 Muthoot Money Limited 3,326 3,668 4,966 (33) Asia A
Slide 6: The Group: Standalone Profit of Group Companies
THE GROUP Standalone Profit of Group Companies (` in millions) Q1 FY 2022 Q1 FY 2021 FY 2021 Muthoot Finance Limited 9,712 8,408 37,222 Muthoot Homefin (India) Limited 5 4 126 Muthoot Insurance Brokers Private Limited 43 42 316 Belstar Microfinance Limited 20 145 467 Muthoot Money Limited (1) (25) 3
Slide 7: Consolidated Statement of Assets and Liabilities
Consolidated Statement of Assets and Liabilities (` in millions) Particulars Jun-21 Mar-21 Jun-20 ASSETS Financial assets Cash and cash equivalents 87,181 77,775 66,710 Bank Balance other than above 1,993 2,435 2,376 Derivative Financial Instruments 499 154 1,490 Trade Receivables 95 98 114 Loans 59
Slide 8: Consolidated Statement of Assets and Liabilities
Consolidated Statement of Assets and Liabilities (` in millions) Particulars Jun-21 Mar-21 Jun-20 LIABILITIES Financial Liabilities Derivative Financial Instruments 3,408 3,305 - Trade Payables 1,692 2,112 2,716 Other Payables 8 2 - Debt Securities 143,212 146,670 97,596 Borrowings(other than Debt s
Slide 9: Consolidated Financial Results
Consolidated Financial Results (` in millions) Particulars Q1 FY 2022 Q1 FY 2021 YoY(%) FY 2021 Income Interest Income 29,183 25,289 15 112,316 Service Charges 155 137 13 986 Sale of Services 27 18 50 120 Other Income 76 23 230 356 Income other than above 193 601 (68) 1,886 Total Income 29,634 26,06
Slide 10: Muthoot Finance: Driving Inclusive Growth
MUTHOOT FINANCE: DRIVING INCLUSIVE GROWTH o India’s largest gold financing company (by loan portfolio) o Trusted pan-India brand in the gold loans sector; revolutionised India’s gold banking o Our intervention has empowered millions of people across the social pyramid Multiple service offerings CORE
Slide 11: MFIN - A Glimpse
MFIN - A GLIMPSE 29 171 tonnes States/Union territory presence Gold jewellery kept as security 4,600+ 100,000+ Pan-India branches Retail investor base across debenture and subordinated debt portfolio 25,000+ 200,000+ Team members Customers served every day ` 526,138 mn Loan Assets Under Management (
Slide 12: Shareholding Pattern
SHAREHOLDING PATTERN Strong promoter interest in business with 74% stake 23.31 NSE Ticker 3.13 MUTHOOTFIN (%) Shareholding as on June 30, 2021 BSE Ticker Promoters & Relatives 533398 FII, FC, MF & Others Public Market Capitalisation (as on June 30,2021) ` 594,437 million 73.56 11
Slide 13: Board of Directors
BOARD OF DIRECTORS George Jacob Muthoot George Alexander Muthoot George Thomas Muthoot Alexander M George Chairman Managing Director Wholetime Director Wholetime Director Jacob Benjamin Koshy Jose K Mathew Ravindra Pisharody V. A. George Independent Director Independent Director Independent Director
Slide 14: Dividend Payout
DIVIDEND PAYOUT Delivering consistent returns to stakeholders (%) FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 Dividend (% )* 200 150 120 100 60 60 60 Dividend payout (` in millions) 8,024 7,249 5,796 4,813 2,885 2,877 2,813 Dividend Payout Ratio (%) 21 19 24 22 20 29 35 * On face value o
Slide 15: Geographical Presence
GEOGRAPHICAL PRESENCE A strong presence of 4625 branches across India (%) Branches region wise State wise Branch Network Jammu & Kashmir 7 16 Himachal Pradesh Punjab 10 60 189 Uttarakhand Chandigarh 10 East West Haryana 22 136 Delhi Assam 16 North South Rajasthan 224 33 Uttar Pradesh 145 185 Bihar T
Slide 16: Digital Initiatives
DIGITAL INITIATIVES Digital convenience for new gen & Millennium Customer acquisition Direct Credit Facility PoS Terminals • Loan proceeds credited to bank account • Enables swiping of Debit • NEFT/RTGS/IMPS mode of bank cards issued by banks transfer • Swiping charges for • Less cash handling at br
Slide 17: Digital Initiatives
DIGITAL INITIATIVES Online Gold Loan (OGL) • 28.5 % of gold loan customers are transacting online. (including Paytm, PhonePe & Google Pay) iMuthoot App Muthoot Online Mobile App • Launched in Nov’16 has about 35.8 lakhs downloads. • Online Gold Loan (OGL) facility available to withdraw • Our online
Slide 18: Digital Initiatives: Loan at Home
DIGITAL INITIATIVES Loan at Home Loan at Home App Mobile App • Launched in July’20 has about 10K + downloads. • The loan at home is an app-based digital service, with which a customer can apply for a gold loan through the ‘Loan@Home’ mobile app and web portal • After which an appointment is made for
Slide 19: Standalone Statement of Assets and Liabilities
Standalone Statement of Assets and Liabilities (` in millions) Particulars Jun-21 Mar-21 Jun-20 ASSETS Financial assets Cash and cash equivalents 82,321 71,167 58,786 Bank Balance other than above 509 731 741 Derivative Financial Instruments 499 154 1,490 Trade Receivables 55 35 83 Loans 548,144 540
Slide 20: Standalone Statement of Assets and Liabilities
Standalone Statement of Assets and Liabilities (` in millions) Particulars Jun-21 Mar-21 Jun-20 LIABILITIES Financial Liabilities Derivative Financial Instruments 3,408 3,305 - Trade Payables 1,602 2,017 2,620 Debt Securities 135,213 137,961 92,808 Borrowings(other than Debt securities) 340,454 319,
Slide 21: Revenue & Profit
REVENUE & PROFIT Standalone Financial Results (` in millions) YoY Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 Growth FY 2021 (%) INCOME Interest Income 26,837 27,891 23,160 16 103,285 Other than Interest Income 312 390 694 (55) 2,458 Total 27,149 28,281 23,854 14 105,744 EXPENSES Finance Cost 9,822 9,513 8,715
Slide 22: Equity
EQUITY Strong Capital Base Networth (` in millions) Jun-21 Mar-21 Jun-20 Equity Share Capital 4,012 4,012 4,010 Other Equity 149,830 148,377 119,151 Total 153,842 152,389 123,161 21
Slide 23: Assets
ASSETS Core focus continues to be gold loan Gross Loan Assets under management* Jun-21 Mar-21 Jun-20 Growth Growth (` in million) (` in million) (` in million) YoY (%) QoQ (%) Gross loan assets under 526,138 526,223 412,957 27 0 management Break-up of Gross Loan Assets under management Gold Loans un
Slide 24: Liabilities
LIABILITIES Stable sources of funding* Jun-21 Mar-21 Jun-20 Growth Growth (` in million) (` in million) (` in million) YoY (%) QoQ (%) Secured Non-Convertible Debentures (Muthoot Gold 2,524 2,635 3,023 (17) (4) Bonds) Secured Non-Convertible Debentures- Listed 133,057 135,656 90,110 48 (2) Borrowing
Slide 25: Gold Loan Portfolio
GOLD LOAN PORTFOLIO Gaining scale over the years Gold Loan Assets Under Management* (` in billions) 519 521 520 480 440 408 405 400 360 336 320 288 280 260 272 216 233 243 240 200 160 120 80 40 0 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Mar-21 Jun-21 *Principal amount of gold L
Slide 26: Gold Holding
GOLD HOLDING Carrying the trust of millions of our customers Gold jewellery kept as security (In tonnes) 200 180 176 171 165 171 169 160 155 142 149 134 131 140 118 120 100 80 60 40 20 0 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Mar-21 Jun-21 25
Slide 27: Geographical Spread of Gold Loan Portfolio
GEOGRAPHICAL SPREAD OF GOLD LOAN PORTFOLIO Diversified gold loan portfolio across India (%) 100 80 60 40 20 0 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Mar-21 Jun-21 East 5 6 6 7 7 8 8 9 9 9 9 West 11 13 15 17 18 19 20 19 20 19 19 North 19 22 22 22 23 23 23 23 23 22 22 South 65
Slide 28: Productivity
PRODUCTIVITY Widening presence with increasing gold loan business per branch Average Gold Loan Per Branch * (` in millions) 135 115 112.10 112.58 95 88.55 89.28 74.97 75 66.70 63.69 63.20 55.01 56.93 50.63 55 35 15 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Mar-21 Jun-21 *Princip
Slide 29: Highly Liquid Portfolio (1/2)
HIGHLY LIQUID PORTFOLIO (1/2) Disbursements and Collections (` in billions) 167 148 102 98 91 90 87 82 77 68 69 69 70 70 65 61 60 55 54 58 52 52 48 45 43 41 43 42 FY15 FY16 FY17 FY18 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Avg Monthly Disbursement Avg Monthly Col
Slide 30: Highly Liquid Portfolio (2/2)
HIGHLY LIQUID PORTFOLIO (2/2) Efficient Collection 100% 62% 66% 60% 61% 60% 66% % of collections to disbursement 80% 60% 40% 20% 0% FY15 FY16 FY17 FY18 FY 19 FY 20 1m 2m 3m 4m 5m 6m Collections in 6 months of disbursements made in respective periods A high proportion of gold loan is repaid within
Slide 31: Safety of Our Gold Loan Portfolio
SAFETY OF OUR GOLD LOAN PORTFOLIO Lender’s Perspective & Borrower’s Perspective Jun-21 Mar-21 Jun-20 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15 Gold Loan assets (` in Billions) 521 519 405 407 336 288 272 243 233 Quantity of Gold content in Ornaments held 171 171 165 176 169 155 149 142 131 as Securi
Slide 32: Customer Base (1/2)
CUSTOMER BASE Highly churning customer base (1/2) Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Mar-19 Gold Loan AUM (` in 520,686 519,266 496,225 462,339 404,949 407,724 335,853 Millions) QoQ % change in Gold 0 5 7 14 (1) 8 - Loan AUM No. of Loan Accounts 85,24,713 84,10,139 80,32,610 76,24,105 75,79,6
Slide 33: Customer Base (2/2)
CUSTOMER BASE Highly churning customer base (2/2) Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Mar-19 Above Gold Loan AUM and No. of customers includes: Fresh loans to inactive customers during the quarter in Gold Loan AUM No. of customers 315,320 432,320 438,173 395,800 185,351 352,036 380,171 % of cu
Slide 34: Yield on Loan Assets and NIM
YIELD ON LOAN ASSETS AND NIM Yearly (%) Quarterly (%) 26.00 26.00 24.00 23.03 24.00 21.66 22.00 21.43 22.21 21.63 22.17 22.35 22.00 21.66 19.72 20.00 19.31 20.40 20.00 20.27 18.00 18.00 15.52 16.00 15.29 14.47 16.00 14.24 14.27 14.00 13.94 12.74 14.00 11.38 12.93 12.00 10.84 10.47 12.00 9.52 10.00 1
Slide 35: Interest Spread
INTEREST SPREAD Yearly (%) Quarterly (%) 26.00 26.00 24.00 23.03 22.17 24.00 21.66 21.43 22.21 21.63 22.35 22.00 20.27 22.00 21.66 19.31 19.72 20.40 20.00 20.00 18.00 18.00 16.00 16.00 14.04 13.45 13.49 14.00 12.42 13.50 12.63 14.00 11.88 13.27 12.21 12.00 10.93 10.80 10.90 12.00 10.53 10.00 9.24 9.
Slide 36: Return on Average Loan Assets
RETURN ON AVERAGE LOAN ASSETS Attractive returns over the years Yearly (%) Quarterly (%) 10.00 10.00 9.00 8.11 7.99 9.00 8.00 8.10 8.00 7.73 7.38 7.00 6.31 7.00 6.36 6.00 6.00 5.00 5.00 4.05 4.47 4.00 3.22 4.00 3.32 3.03 3.00 3.00 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18* Mar-19* Mar-20* Mar-21* Q1
Slide 37: Impairment of Loan Assets
IMPAIRMENT OF LOAN ASSETS Stage III Loans Assets and ECL Provision (` in millions) Jun-21 Mar-21 Jun-20 Stage III Loan Assets 6,408 4,641 10,553 % Stage III Assets on Gross Loan Assets 1.22 0.88 2.56 ECL Provision on Gross Loan Assets 6,501 6,257 5,538 ECL Provision as % of Gross Loan Assets 1.24 1.
Slide 38: Liability Mix
LIABILITY MIX Maintaining a diversified funding profile* (%) 1 3 Secured Non-Convertible Debentures (Muthoot Gold Bonds) – ` 2,524 mn (1%) 9 Secured Non-Convertible Debentures – Listed – `133,057 mn (28%) 16 28 Borrowings from Banks/Fis - ` 208,484 mn (44%) External Commercial Borrowings- Senior sec
Slide 39: Domestic Credit Ratings
DOMESTIC CREDIT RATINGS Highest Rating among gold loan companies Short-term Rating Rating Indicates COMMERCIAL PAPER Very strong degree of safety with regard to timely payment of financial CRISIL RATINGS CRISIL A1+ obligation and carry lowest credit risk Very strong degree of safety with regard to t
Slide 40: International Credit Ratings
INTERNATIONAL CREDIT RATINGS Long-term Rating Rating Agencies Rating Indicates An elevated vulnerability to default risk, particularly in the event of adverse change in business or economic condition over time, FITCH RATINGS BB(Stable) however, business or financial flexibility exists that supports
Slide 41: Break-up of Total Income
BREAK-UP OF TOTAL INCOME Interest Income (` in millions) Yearly Quarterly 140,000 140,000 120,000 120,000 103,285 100,000 85,644 100,000 80,000 67,570 80,000 56,546 62,021 60,000 53,641 49,077 60,000 42,703 48,130 40,000 40,000 27,891 26,837 23,160 20,000 20,000 0 0 Mar-13 Mar-14 Mar-15 Mar-16 Mar-1
Slide 42: Operating Expenses to Average Loan Assets
OPERATING EXPENSES TO AVERAGE LOAN ASSETS Operational efficiency over the years Yearly (%) Quarterly (%) 8.00 8.00 7.50 7.50 7.00 7.00 6.50 6.50 6.00 5.63 6.00 5.50 5.43 5.10 5.50 5.01 4.89 4.94 5.00 5.00 4.46 4.50 4.08 3.92 4.50 4.00 3.99 4.00 3.50 3.65 3.50 3.00 3.21 3.00 2.50 Mar-13 Mar-14 Mar-15
Slide 43: Break-up of Operating Expenses
BREAK-UP OF OPERATING EXPENSES Yearly (` in million) Quarterly (` in millions) Q1 FY Q4 FY Q1 FY Mar-21* Mar-20* Mar-19* Mar-18* Mar-17 Mar-16 Mar-15 Mar-14 Mar-13 2022* 2021* 2021* Employee Benefit 9,270 9,657 8,415 7,393 7,280 6,418 6,304 5,917 5,453 2,246 2,209 2,282 Expenses Rent 2,189 2,158 1,9
Slide 44: Break-up of Operating Expenses
BREAK-UP OF OPERATING EXPENSES Yearly (%) Quarterly (%) Q1 FY Q4 FY Q1 FY Mar-21* Mar-20* Mar-19* Mar-18* Mar-17 Mar-16 Mar-15 Mar-14 Mar-13 2022* 2021* 2021* Employee Benefit 49 52 54 47 48 49 53 52 52 52 42 59 Expenses Rent 12 12 13 12 12 13 14 14 12 14 12 11 Advertisement & Publicity 6 6 7 5 3 5
Slide 45: Profitability Ratios
PROFITABILITY RATIOS Yearly (%) Quarterly (%) Q1 FY Q4 FY Q1 FY (Based on Income) Mar-21* Mar-20* Mar-19* Mar-18* Mar-17 Mar-16 Mar-15 Mar-14 Mar-13 2022* 2021* 2021* Interest expense to Gross 34.92 32.00 32.51 30.50 39.92 46.31 48.71 53.08 52.34 36.18 33.64 36.53 Income Selling, general and adminis
Slide 46: Profitability Ratios
PROFITABILITY RATIOS Yearly (%) Quarterly (%) (Based on Average Loan Mar-21* Mar-20* Mar-19* Mar-18* Mar-17 Mar-16 Mar-15 Mar-14 Mar-13 Q1 FY Q4 FY Q1 FY Assets) 2022* 2021* 2021* Interest income to avg. loan 22.17 23.03 21.63 22.21 21.43 19.72 19.30 20.27 21.66 20.40 21.66 22.35 assets Interest exp
Slide 47: Profitability
PROFITABILITY Efforts getting rewarded Profitability at a glance (` in millions) Yearly PBT PAT Quarterly PBT PAT 55,000 50,065 50,000 45,000 45,000 40,000 40,000 40,574 37,222 35,000 35,000 30,768 30,000 30,000 28,447 30,183 25,000 25,000 19,210 20,000 20,000 15,114 13,168 19,721 15,000 17,776 15,0
Slide 48: Networth
NETWORTH Steady capital position Share Capital and Reserves & Surplus (` in millions) 170,000 153,842 160,000 152,389 150,000 140,000 130,000 123,161 120,000 115,718 110,000 97,928 100,000 90,000 78,120 80,000 65,164 70,000 60,000 56,192 50,835 50,000 37,356 42,646 40,000 30,000 20,000 10,000 0 Mar
Slide 49: Return on Equity
RETURN ON EQUITY Stable shareholder value creation Return on Average Equity Yearly (%) Quarterly (%) 55 55 50 50 45 45 40 40 35 35 28.16 30.15 28.26 30 27.08 30 27.77 25.37 24.81 25 25 22.40 19.50 19.44 20 20 15 14.35 15.13 15 10 10 5 Mar 13 Mar 14 Mar 15 Mar 16 Mar 17 Mar 18* Mar 19* Mar 20* Mar 21
Slide 50: Capital Ratio
CAPITAL RATIO Maintaining capital well above the statutory requirement Capital Adequacy Ratio (%) Jun-21 Mar-21 Jun-20 Capital Adequacy Ratio 27.32 27.39 26.30 Tier-I 26.26 26.31 25.20 Tier-II 1.06 1.08 1.10 49
Slide 51: Market Value Ratio
MARKET VALUE RATIO Equity market valuation ratios indicate potential for upside Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 Earnings per share (`) - Basic 24.21 24.81 20.96 92.79 - Diluted 24.18 24.80 20.94 92.71 Jun-21 Mar-21 Jun-20 Book Value per share (`) 383.33 379.70 306.99 Market price per share
Slide 52: Capitalisation Ratios
CAPITALISATION RATIOS Headroom for further leveraging (` In millions) Jun-21 Mar-21 Jun-20 Outside Liabilities 499,827 482,260 404,561 Cash & Bank Balances & Investment in MF liquid 82,492 71,308 84,769 Funds Tangible Networth 153,791 152,335 123,113 Capital Gearing 2.71 2.70 2.60 51
Slide 53: Team Strength
TEAM STRENGTH Groomed human capital over the years to meet growing business requirements (No. of Employees) 27000 25911 26000 25554 25430 25397 25012 25000 24881 24205 24224 24000 23455 22882 23000 22781 22000 21000 20000 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Mar-21 Jun-21 5
Slide 54: Our Subsidiary: Asia Asset Finance PLC
OUR SUBSIDIARY ASIA ASSET FINANCE PLC A finance company with a golden heart Muthoot Finance 53
Slide 55: Asia Asset Finance PLC – An Overview
ASIA ASSET FINANCE PLC – AN OVERVIEW Asia Asset Finance PLC, (AAF) Colombo, Sri Lanka became a foreign subsidiary of Muthoot Finance on December 31, 2014. As on June 30,2021, total holding in AAF stood at 91 million equity shares representing 72.92% of their total capital. The loan portfolio stands
Slide 56: Products
PRODUCTS o Fixed Deposits o Mortgage Loans o Leasing o Factoring o Business Loan o Short Term Loans o Personal Loan o Micro Finance o Group Personal Loan o Loan against Gold Jewellery o Corporate Loans 55
Slide 57: Branch Network
BRANCH NETWORK AAF has operations in various parts of Sri Lanka providing the best services and easy access to clients Chankanai Chunnakam Nelliyadi Trinco Kinniya Mullaitivu Vavuniya Puthukkudiyiruppu Oddusuddan Udappuwa Mahiyanganaya Sammanthurai Valaichcenai Kegalle Ragala Puttalam Chenkaladi Mat
Slide 58: Key Financial Parameters
Key Financial Parameters (LKR in millions) Particulars Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 INR/LKR 0.3722875 0.3677855 0.40386 0.3677855 Number of branches 48 48 29 48 Number of Employees 425 427 461 427 Gross Loan AUM (LKR) 14,289 14,002 13,481 14,002 Capital Adequacy Ratio (%) 14 17 16 17 Tot
Slide 59: Our Subsidiary: Muthoot Homefin
OUR SUBSIDIARY Muthoot Homefin G) Muthoot Finance 58
Slide 60: Muthoot Homefin – An Overview
MUTHOOT HOMEFIN – AN OVERVIEW Muthoot Homefin (India) Limited is a Housing Finance Company registered with The National Housing Bank (NHB). It became a wholly owned subsidiary of Muthoot Finance Ltd in Aug’17. MHIL focuses on extending affordable housing finance and targets customers in Economically
Slide 61: Business Performance
Business Performance (` in millions) Particulars Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 Number of branches 108 108 107 108 Number of Sales Offices 108 108 107 108 Number of Employees 260 301 344 301 Gross Loan AUM (`) 17,048 17,042 19,787 17,042 Capital Adequacy Ratio (%) 53 50 47 50 Total Revenue
Slide 62: Business Performance
Business Performance (` in millions) Particulars Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 Disbursement (`) 557 155 613 1,010 Borrowings (`) 10,531 11,846 14,712 11,846 Debt Equity Ratio (%) 2.4 2.7 3.44 2.7 Yield on Advances (%) 12.26 12.64 13.04 12.51 Interest Spread (%) 3.83 3.83 3.64 3.41 NIM (%)
Slide 63: Financial Highlights Growth
• Disbursements in Q1 FY 2022: Rs 557 mn. AUM as on June 30, 2021: Rs. 17,048 mn, Loan Book as on June 30, 2021: Rs 14,132 mn. • Average Ticket Size in Q1 FY 2022: Rs. 0.90 mn Financial • Business Presence: Maharashtra, Gujarat, Rajasthan, Madhya Pradesh , Kerala, Andhra Pradesh, Telangana, Karnatak
Slide 64: Our Subsidiary: Muthoot Insurance Brokers
OUR SUBSIDIARY G) Muthoot Insurance Brokers &) Muthoot Finance 63
Slide 65: Muthoot Insurance – An Overview
MUTHOOT INSURANCE – AN OVERVIEW MIBPL became a wholly owned subsidiary of Muthoot Finance Ltd in Sep 2016. MIBPL is an unlisted private limited company holding a licence to act as Direct Broker from IRDA since 2013. It is actively distributing both life and non-life insurance products of various ins
Slide 66: Key Business Parameters, Key Financial Parameters
Key Business Parameters (` in millions) Particulars Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 Premium Collection (` ) 606 1,479 443 4,055 Number of Policies 353,967 12,24,866 142,421 32,23,737 Key Financial Parameters (` in millions) Particulars Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 Total Revenue
Slide 67: Our Subsidiary: Belstar Microfinance Limited
OUR SUBSIDIARY Ny BELSTAR MICROFINANCE LIMITED ® Muthoot Finance 66
Slide 68: Belstar Microfinance Limited – An Overview
BELSTAR MICROFINANCE LIMITED – AN OVERVIEW As of March 2021 , Muthoot Finance holds 70.01% in BML. BML was incorporated on January 1988 at Bangalore and the Company was registered with the RBI in March 2001 as a Non- Banking Finance Company. The Company was reclassified as “NBFC-MFI” by RBI effectiv
Slide 69: Key Financial Parameters
Key Financial Parameters (` in millions) Particulars Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 Number of Branches 651 649 603 649 Number of Employees 4,651 4,562 4,197 4,562 Gross Loan AUM (`) 30,721 32,999 25,754 32,999 Capital Adequacy Ratio (%) 23 22 26 22 Total Revenue (`) 1,635 1,641 1,171 5,532
Slide 70: Our Subsidiary
OUR SUBSIDIARY 69
Slide 71: Our Subsidiary: Muthoot Money – An Overview
OUR SUBSIDIARY MUTHOOT MONEY– AN OVERVIEW Muthoot Money Ltd (MML), became a wholly owned subsidiary of Muthoot Finance Ltd in October 2018. MML is a RBI registered Non- Banking Finance Company engaged mainly in extending loans for vehicles. The operations are now centered in Hyderabad. As on 30th Ju
Slide 72: Our Subsidiary: Key Financial Parameters
OUR SUBSIDIARY Key Financial Parameters (` in millions) Particulars Q1 FY 2022 Q4 FY 2021 Q1 FY 2021 FY 2021 Number of branches 11 14 18 14 Number of Employees 143 188 245 188 Gross Loan AUM (`) 3,326 3,668 4,966 3,668 Capital Adequacy Ratio(%) 33 29 21 29 Total Revenue (`) 106 157 198 697 Total Exp
Slide 73: Other Subsidiaries
OTHER SUBSIDIARIES MUTHOOT ASSET MANAGEMENT PRIVATE LIMITED (` In millions) Q1 FY 2022 Q1 FY 2021 FY 2021 Networth 1,076 1,063 1,072 MUTHOOT TRUSTEE PRIVATE LIMITED (` In millions) Q1 FY 2022 Q1 FY 2021 FY 2021 Networth 10 10 10 72
Slide 74: Registered Office
REGISTERED OFFICE 2nd Floor, Muthoot Chambers Opposite Saritha Theatre Complex Banerji Road, Kochi Kerala – 682 018. India Tel: (91484) 2394712 Fax: (91484) 2396506 CIN: L65910KL1997PLC011300 RBI Reg No: N 16.00167 EMAIL (Individual & Corporate Investors) investors@muthootfinance.com (Institutional