Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — IIFL Securities — H1 FY2025 Earnings Presentation
26 slides from Iifl Capital Services's earnings presentation, Oct 22, 2024
Slide 1: Cover letter to stock exchanges
till FL SECURITIES October 22, 2024 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumb
Slide 2: Investor Presentation
8 11 FL SECURITIES Investor Presentation For the quarter and half year ended September 30, 2024 NSE: IIFLSEC | BSE: 542773 1
Slide 3: IIFL Securities: Performance Snapshot & Growth Strategy
IIFL SECURITIES: SECTION PERFORMANCE SNAPSHOT & GROWTH 01 STRATEGY 2
Slide 4: IIFL Securities – A leading player in Indian Equity Markets
IIFL Securities – A leading player in Indian Equity Markets 8 11FL SECURITIES 1. Large Scaled Up Player with Strong Financials 2. Proven Track Record • INR 2,463 Bn of custody and distribution assets & INR • Legacy of over two decades in retail and Institutional 2,598 Bn daily turnover for H1FY 25 b
Slide 5: Performance Snapshot – Q2 FY25
Performance Snapshot – Q2 FY 25 8 11FL SECURITIES ₹2,463 billion ₹ 2,592 billion ₹7,037 million ₹2,052 million ₹22.2 billion Assets Under Average Daily Revenue PAT [ TCI ] Net worth Management & Turnover YOY growth 32% YOY growth 91% YOY growth 45% Custody YOY growth 4% YOY growth 45% ₹12.63 billion
Slide 6: Financials – Consistent Performance
Financials – Consistent Performance 8 11FL SECURITIES -· Total Revenue (₹ mn) 22,313 43 % -· Profit after tax (TCI)(₹ mn) 5,121 ...113 % -· Return on Equity (%) 33% 35% 3,868 29% 13,704 13,475 24% 13,164 3,057 20% 9,447 2,480 8,676 2,210 1,814 l FY21 FY22 FY23 FY24 H1FY24 H1FY25 FY21 FY22 FY23 FY24
Slide 7: Offering One Stop Solution for all Capital Market needs
IIFL Securities: Offering One Stop Solution for all Capital Market needs O IIFL SECURITIES Institutions Corporate Affluent, HNI & UHNI COMPREHENSIVE SUITE OF PRODUCTS ACROSS CUSTOMER SEGMENTS Distribution solutions – Mutual Funds, Wealth Management for Research Solutions Insurance, AIFs, PMS, Fixed
Slide 8: Building in Focus Segments - Key Business Lines
Building in Focus Segments - Key Business Lines 8 11FL SECURITIES ~------------------1 ! . : IIFL SECURITIES !1 I I L--------~---------- I Non - Institutional Institutional ____A.._____ Investment Institutional Affluent, HNI & UHNI Retail Banking Broking r---------------------------------1 I I I I r
Slide 9: Growth Strategy
Growth Strategy 8 11FL SECURITIES 3. Evolve into a Wealth Management 1. Further Scale up of Market Leading 2. Continue to Expand Investment Platform for the Affluent, HNI & Institutional Broking Practice Banking Franchise UHNI Segment Expand market share through Be a ‘Banker of choice’ for the India
Slide 10: Key Business Segment Analysis: Institutional Segment
SECTION KEY BUSINESS SEGMENT ANALYSIS: INSTUTIONAL 02 SEGMENT 9
Slide 11: Market Leading Institutional Broking Platform
Market Leading Institutional Broking Platform 8 11FL SECURITIES -· Among the top franchises on the street, with sales teams based in Mumbai, Singapore, London and New York. 961+ Empanelled Clients -· Wide customer base covering investors including sovereign wealth funds, pension funds, private equit
Slide 12: Strong Bottom-Up Research Coverages
Strong Bottom-Up Research Coverages 8 11FL SECURITIES -· Sector-wise break up of stocks under coverage (in Nos) ■ Pharma & Healthcare -· Market cap break up of stocks under coverage IIFL Research ■ Banking & Fin Market cap bracket Universe 11 11 28 ■ Capital Goods Above US$ 10 Billion 97 12 ■ FMCG 1
Slide 13: Leading Investment Banking Franchise
Leading Investment Banking Franchise 8 11FL SECURITIES -· Investment banking revenues (₹ mn) 2,245 Q2FY25 continued to be a prolific period for the investment banking business • Completed 13 transactions in Q2FY25 across capital markets and private 29 % placements/advisory 1,504 1,287 1,200 • Includ
Slide 14: Awards & Recognition - Institutional Business
Awards & Recognition - Institutional Business 8 11FL SECURITIES / -------., ,I ACHIEVEMENT \ The IIFL Group The IIFL Group AWAROS ) F"manceAsia Awarded India Equity House Wins “The Asset Triple A” Sustainable Finance ~~,, { ~ 2023 / in 2023 by IFR Asia Awards & Finance Asia award for best PE deal ll
Slide 15: Key Business Segment Analysis: Non-Institutional Segment
SECTION KEY BUSINESS SEGMENT ANALYSIS : NON- 03 INSTUTIONAL SEGMENT 14
Slide 16: Affluent Wealth Management – Core Ingredients for success already in place
Affluent Wealth Management– Core Ingredients for success already in place 8 11FL SECURITIES Deep client Senior experienced Strong core engagement with a hires made to set Comprehensive Market leading Vintaged and capabilities in wide network up HNI / UHNI wealth Product Portfolio Research Growing Cu
Slide 17: Key Business Metrics: Non-Institutional Business
Key Business Metrics : Non-Institutional Business 8 11FL SECURITIES -· Assets Under Management - Custody (₹ bn) CAGR 73 % -· Asset Under Management – Distribution Assets # (₹ bn) CAGR 31 % -· Distribution Assets # ₹ 312 billion Mutual Fund 50% 2,151 312 Others 261 5% Distribution 1,622 Assets break-
Slide 18: Key Business Metrics: Non-Institutional Business (Contd.)
Key Business Metrics : Non-Institutional Business (Contd.) 8 11FL SECURITIES -· Retail Brokerage (₹ mn) -· Life Insurance Premium (₹ mn) -· Mutual Fund AUM (₹ bn) A I 20 % I I I p 6,426 I I I I 1,588 I I 34 % I 154.7 I I I 4,695 I I ' I 128.6 A 4,106 I I I 3,833 947 11 % 108.0 I I 3,038 I 816 I 2,86
Slide 19: Financial Performance
SECTION FINANCIAL 04 PERFORMANCE 18
Slide 20: Financial Results – A Snapshot
Financial Results – A Snapshot 8 11FL SECURITIES ₹ Mn Q2FY25 Q2FY24 Y-o-Y Q1FY25 Q-o-Q H1FY25 H1FY24 Y-o-Y ' Revenue from Operations 6,454 5,070 27% 6,399 1% 12,853 9,161 40% Other income * 583 267 119% 39 1,403% 622 286 118% Total income 7,037 5,337 32% 6,438 9% 13,475 9,447 43% Employee cost 1,493
Slide 21: Major Property Details
Major Property Details 8 11FL SECURITIES Overall Sold Till Date Balanced 18 Properties 9 Properties 9 Properties Sq Ft. 7,62,035 Sq Ft. 2,82,188 Sq Ft. 4,79,846 S V – ~ 425 Crs WDV– 173 Crs No.of No.of No.of State / City State / City State / City Properties Properties Properties Mumbai 11 Mumbai 6 M
Slide 22: Governance & CSR
SECTION GOVERNANCE 05 & CSR 21
Slide 23: Led by an Independent and Illustrious Board
Led by an Independent and Illustrious Board 6e llFL SECURITIES R Venkataraman V. Krishnan Shamik Das Sharma Chairman & Non-Executive Director Independent Director Independent Director PG Diploma in Management from IIM Cost Accountant, LLB M.S., University of Maryland (USA), Bangalore, Bachelor’s deg
Slide 24: Our ESG Strong Focus and Commitment
Our ESG Strong Focus and Commitment 8 11FL SECURITIES Launched online ESG profile platform, which aligns with various ESG frameworks operating globally such as IFC, GRI, SASB, CDP etc. ENVIRONMENTAL SOCIAL GOVERNANCE • Procurement of green energy for our Corporate • Promoted mental and physical well
Slide 25: Corporate Social Responsibility
Corporate Social Responsibility 8 11FL SECURITIES Sakhiyon ki Baadi Retail sales associate training programme, Rajasthan programme – Kupwara, Jammu & Kashmir • IIFL Foundation’s flagship program – • The project aims to empower 48 youths Sakhiyon Ki Baadi (SKB), is dedicated to from Kupwara by traini
Slide 26: Thank you!
Thank you! Published on October 22, 2024 IIFL Securities Limited This report is for information purposes only and does not construe to be any investment, not represent that it is accurate or complete. ISL or any of its subsidiaries or associates or legal or taxation advice. It is not intended as an