MoneyBoxx Finance Ltd. · NSE:MONEYBOXX
MoneyBoxx Finance — Q3 FY2024 Earnings Presentation
18 slides from MoneyBoxx Finance's earnings presentation, Feb 9, 2024
Slide 1: Stock exchange cover letter: Investor Presentation Q3 FY24
BSE Limited February 09, 2024 Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street Mumbai-400 001 Scrip Code: 538446 Subject: Investor Presentation Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in terms of other applicable
Slide 2: Moneyboxx Finance Limited Investor Presentation: Q3 FY24
MONEYBOXX FINANCE LIMITED Transforming Lives of Microentrepreneurs Investor Presentation: Q3 FY24 February 9, 2024
Slide 3: Disclaimer
Disclaimer This document may contain certain forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. Such forw
Slide 4: Agenda
Agenda Financial Results of Q3 FY24 About the Company Business Performance Financial Position Moneyboxx Finance Limited – Strong visibility for AUM growth Q3 FY24 Results at a Glance Fast-growing, new-age NBFC Improving Funding profile Financial Statements Operational Snapshot Our differentiat
Slide 5: Who we are – Moneyboxx Finance Limited
Who we are – Moneyboxx Finance Limited Transforming Lives of Microentrepreneurs Fast-growing, tech-driven, BSE-listed NBFC Small business loans of ₹ 1-10 Lacs in Tier-3 and below towns MISSION STATEMENT Started in Feb’19, operating in 8 states with 86 branches (Dec’23) To deliver easy, cost-efficien
Slide 6: Journey so far – Successfully scaled up operations in five years
Journey so far – Successfully scaled up operations in a span of five years We today are… # Data as of 31st Dec 2023 86 branches 42k+ live accounts 8 12 1152 employees ₹530 crores AUM 20 13 3 ₹ 917 crores 30 lenders 4 23 3 cumulative disbursements Transforming lives BRANCHES Mar’20 Mar’21 Mar’22 Mar’
Slide 7: Proven & scalable business model
Proven & scalable business model Branches Cumulative Disbursements INR crore AUM INR crore (Ind AS) 917 530 86 448 79 762 68 633 380 61 338 543 30 22 202 119 90 62 Mar-21 Mar-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-21 Mar-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-21 Mar-22 Mar-23 Jun-23 Sep-23 Dec-23 Closing Eq
Slide 8: Strong business growth driven by branch productivity, expansion and partnership business
Strong business growth driven by branch productivity, expansion and partnership business Quarterly Disbursements (₹ crore) 155 Q3 FY24 Improving Branch Vintage & Productivity 146 55% growth 129 Avg. Vintage AUM AUM per Branch over last year Branch Vintage Branches (Months) (₹ Crore) (₹ Crore) 100 90
Slide 9: Growing network of Partners – Validation by leading lenders including 9 Banks
Growing network of Partners – Validation by leading lenders including 9 Banks Existing Lenders Cum. Equity Capital Raised ~ ₹ 174 crore Equity Capital as on 31-12-2023 INR crore Price INR/Share In Mar’19 19.03 Raised in Feb’20 11.65 70 Raised in Dec’21 14.42 95 Raised in Jun’22 20.77 115 Warrants/Eq
Slide 10: Approaching Operating Breakeven with rising scale and strong turnaround in profitability
Approaching Operating Breakeven with rising scale and Strong turnaround in profitability in 9M FY24 improving branch productivity 5.03 6 PAT INR Crore Annualized ROE % 8.0% 4 2 0 -2 -2.97 -4 -3.72 -6 -6.80 -11.6% -12.3% -8 -12.7% FY21 FY22 FY23 9M FY24 FY21 FY22 FY23 9M FY24 MONEYBOXX FINANCE LTD In
Slide 11: Q3 FY24: Results at a glance
Q3 FY24: Results at a glance Results at a glance: Q3 FY24 Q2 FY24 Q3 FY23 % YOY % QOQ 9M FY24 9M FY23 % YOY Period ending Dec-23 Sep-23 Dec-22 Dec-23 Dec-22 Operations Branches (period end) 86 79 54 59% 9% 86 54 59% Branches (period avg.) 82 76 50 64% 8% 74 41 80% Business (₹ crore) Disbursements 15
Slide 12: Q3 FY24: Ratios at a glance
Q3 FY24: Ratios at a glance Strong unit economics with increasing interest spread and strong capitalisation Key Ratios 31-Dec-22 31-Mar-23 31-Dec-23 Strong unit economics with Interest Spread of 16% Interest Spread 9M FY23 FY23 9M FY24 Improvement in spread by 300 basis points in 9M FY24 Average
Slide 13: Income Statement
Income Statement (INR crore) Q3 FY24 Q2 FY24 Q3 FY23 % YOY % QOQ 9M FY24 9M FY23 % YOY Total Income 33.52 28.51 13.19 154% 18% 85.55 31.82 169% Less: Finance Cost -10.67 -10.16 -5.74 86% 5% -29.34 -14.63 101% NIM & Fee Income 22.85 18.35 7.45 207% 25% 56.21 17.19 227% Employee Benefits Expense -13.0
Slide 14: Other Important Updates
Other Important Updates Diversification of funding sources and lowering of Equity capital raise Other Updates funding cost Secured lending: Gaining momentum Partnerships : Over ₹ 500 crores per annum Equity raise of ₹ 173.5 Cr since inception (19% of AUM as of Jan’24, up from 5% in lending tie-ups i
Slide 15: Balance Sheet Summary
Balance Sheet Summary Balance Sheet (INR Lakhs) 31-Mar-23 31-Dec-23 Cash and cash equivalents & Bank 6,240 2,273 Loans 24,335 33,796 Investments 200 7,769 Other financial assets 428 1,967 Financial Assets 31,203 45,804 Current assets (net) 337 768 Deferred tax assets (net) 676 619 Property, plant an
Slide 16: Diversified AUM across sectors and geographies
Diversified AUM across sectors and geographies Focus on essential sectors provide stability Improving geographic diversification AUM by Sectors (INR crores) # AUM by States (INR crores) # 536 536 344 344 63 121 30 Mar'20 Mar'21 Mar'22 Mar'23 Dec'23 121 30 63 Total AUM 30 63 121 344 536 Mar'20 Mar'21
Slide 17: AUM Mix
AUM Mix Increasing share of Secured Lending and a balanced mix of managed book AUM by Product (INR crores) # AUM: On-Book & Managed Book (INR crores) # 536 536 36% 344 344 29% 121 121 64% 63 63 71% 17% 100% 100% 6% Mar'21 Mar'22 Mar'23 Dec'23 Mar'21 Mar'22 Mar'23 Dec'23 Secured Unsecured Total AUM O
Slide 18: Thank You
THANK YOU Gurgaon Corporate Office Address Moneyboxx Finance Ltd, 2nd Floor, Vatika Business Centre, First India Place, M.G. Road, Gurgaon – 122002, Haryana Mumbai Head Office Address Moneyboxx Finance Ltd, Wing A-411, Kanakia Wall Street, Andheri East, Mumbai-400093 Maharashtra info@moneyboxxfinanc