Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q1 FY2020 Earnings Presentation
17 slides from Can Fin Homes's earnings presentation, Jul 22, 2019
Slide 1: Exchange submission letter for Investor Presentation
CAN FIN HOMES LTD Registered Office No. 29/1, 1st Roos Sir M N Krishna Rao Road Basavanagudi, BENGALVRV - 560 009 CanFin Homes Ltd 13000400 cm/4mA n49.99) E-Mall: investorselabonshIPWcanfinhomes.com =MO Tel : 080 26569259 Fax :080 26565745 .71-andahng Dreamt 'nth 94a/dy Web: www canflnhomes corn CIN
Slide 2: Can Fin Homes Ltd. at a Glance
Can Fin Homes Ltd. .. at a Glance 31 years of vision, passion and progress Offering home loans since 1987….. and it is just a beginning Information to Investors 1QFY20 ended June 2019 www.canfinhomes.com 1
Slide 3: About us
About us ▪ 31 year old institution registered as a deposit taking HFC with NHB ▪ Promoted by Canara Bank in the year 1987 with the shareholding of 30% Legacy ▪ Listed in 1991. Carries a legacy of an uninterrupted dividend payment since inception ▪ Dominance in South (67% of business) as at June 2019
Slide 4: Board of Directors
Board of Directors Name of the Director Designation Occupation Smt. Bharati Rao Chairperson Former Dy. Managing Director (Independent) State Bank of India Shri Debashish Mukherjee Director Executive Director (Promoter) Canara Bank Shri Shreekant M Bhandinad Dy. Managing Director Dy.General Manager C
Slide 5: Performance Highlights - Q1 FY20
Performance Highlights - Q1 FY20 Loan Book surpassed the Rs.19,000 crore mark with a clientele base of 1.50 lakh Y-o-Y Loan Book growth of 17% Successfully migrated to the new accounting standard (Ind AS) PBT & PAT for Q1FY19 rose by 9% & 10% (Y-o-Y) respectively NIM: 3.18%, RoAA*: 1.73%,
Slide 6: Performance Highlights – Q1 FY20
Performance Highlights – Q1 FY20 Amount in Rs. Crore As per IND AS As per IND AS Sl. No. Particulars Jun’19 (3m) Jun’18 (3m) Mar’19 (3m) Mar’19 (12m) 1 New Approvals 1,289 1,209 1,738 5,952 2 Disbursements 1,276 1,164 1,554 5,479 3 Outstanding Loan Book 19,003 16,189 +812 18,381 4 Interest Income 47
Slide 7: Performance Highlights – Q1 FY20
Performance Highlights – Q1 FY20 Amount in Rs. Crore As per IND AS As per IND AS Sl. No. Particulars Jun’19 (3m) Jun’18 (3m) Mar’19 (3m) Mar’19 (12m) 13 Profit Before Tax & Provisions 131.56 112.63 117.58 470.60 14 Provision for SA & NPA 8.66 0.00 1.09 1.09 15 Profit Before Tax 122.90 112.63 116.49
Slide 8: Key Financial Ratios – Q1 FY20
Key Financial Ratios – Q1 FY20 Amount in Rs. Crore PERIOD ENDED Sl. No. Particulars Jun’19 Jun’18 Mar’19 1 Return on Avg Assets (Annualised) 1.73% 1.85% 1.76% 2 Return on Avg Equity (Annualised) 17.64% 21.16% 18.16% 3 Earning Per Share (Rs.) 6.08 5.50 22.29 4 Net Interest Margin (%) 3.18% 3.18% 3.14
Slide 9: Lending Basket
Lending Basket Category-wise Product-wise Distribution of Loan Book Sl . Category/Product June-18 Sept-18 Dec-18 Mar-19 Jun-19 No. O/s Amt. O/s Amt. O/s Amt. O/s Amt. O/s Amt. 1 Salaried & Professionals i) Housing Loans 10,915 11,294 11,624 12012 12441 ii) Top-up Personal Loans 346 369 388 412 425 i
Slide 10: Funding Basket
Funding Basket Funding Mix @ Jun 2018 (as %) Funding Mix @ Jun 2019 (as %) Market DEP Borrowings 2% DEP 2% 34% BANKS Market 39% Borrowings 52% BANKS 50% NHB NHB 8% 14% • Cost of borrowings contained at 7.93 % ( vs 7.90% in Mar 19 & 7.71% in Jun’18,) www.canfinhomes.com 9
Slide 11: Liquidity Position
Liquidity Position Amount in Rs. Crore Particulars For Q2FY20 For Q3FY20 For Q4FY20 ending Sep.19 ending Dec.19 ending Mar.20 Un-availed limits as on 30/06/2019 2,045.88 1,808.56 1,578.01 (Opening Balance) Add: Collections 1,350.00 1,500.00 1,600.00 Less: Interest and principal 1,487.32 1,980.55 1,7
Slide 12: Branch network
Branch network (154 branches + 21 AHLCs + 14 Satellite Offices) Punjab – Jalandhar Tamilnadu - Hosur, Chennai (9 branches) , Madurai, Namakkal, Trichy, Coimbatore, Salem, Erode, Chandigarh Vellore, Thiruchengode, Dindigul, Karur, Rajasthan – Alwar, Jaipur, Virudhunagar, Tirunelveli, CBE- P N Palyam,
Slide 13: Strategic Initiatives
Strategic Initiatives Affordable Housing Loan Centres (AHLCs) .. 21 as of now. Proposal to add more during the year Upcountry units dedicated to cater to GRHS / LUH / CLSS (PMAY) .. opened by upgradation of erstwhile Sos Introduction of the 3rd and 4th Centralised Processing Centres (CPC) in Del
Slide 14: Strategic Initiatives
Strategic Initiatives Branch expansion focus on Tier II/III Growth Centres .. Pan India Network increased from 41 branches as at Mar’11 .. to 140 at Mar’16 .. to 189 now (175 Br/AHLCs + 14 SOs) Of this Non- South network increased from 18 branches at Mar’11 .. to 40 at Mar’16 .. to 70 presently (7
Slide 15: Future Outlook
Future Outlook Vision 2022 : Loan book size of Rs.40,000 Cr by the end of FY2022 (CAGR of 26%) Business Budget for 2019-20: Loan book size of Rs.23,000 Cr vs Rs.18,381 Cr at Mar’19 (+25%) Branch Expansion Plan for 2019-20: 20 New Branches to be opened in growth centres Total Network (Branch/
Slide 16: NPA position and action taken
NPA position and action taken Gross NPA stood at Rs.139.32 crore (0.73%) and Net NPA at Rs 98.57 crore (0.52%) as on 30th June 2019 Net slippage during the quarter: Rs.25.80 crore ( Rs 39.80 during Q1 FY 18-19) Action has been initiated under SARFAESI in 746 accounts amounting to Rs.114.84 crore
Slide 17: Thank You
The forward looking statements and projections, if any, contained in this presentation are predictions and involve known and unknown risks, uncertainties and other factors including the future changes or developments, the competitive environment, ability to implement the strategies and initiatives,