Ujjivan Small Finance Bank Ltd. · NSE:UJJIVANSFB
Ujjivan Small Finance Bank — Q2 FY2025 Earnings Presentation
38 slides from Ujjivan Small Finance Bank's earnings presentation, Sep 30, 2024
Slide 1: Q2FY25 Investor Presentation
Q2FY25 INVESTOR PRESENTATION
Slide 2: Disclaimer
DISCLAIMER • This presentation has been prepared by Ujjivan Small Finance Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by
Slide 3: Key Highlights – Q2FY25 (1/2)
KEY HIGHLIGHTS – Q2FY25 (1/2) Gross Loan Book Total Deposits Retail TD*+ CASA ₹ 30,344 cr ₹ 34,070 cr ₹ 24,746 cr Up 14% yoy Up 17% yoy Up 32% yoy Sep’23: ₹26,574 cr Sep’23: ₹29,139 cr Sep’23: ₹18,818 cr GNPA/NNPA CRAR Employees 2.5%/0.6% 23.4% 23,746 up 27 bps/Up 47 bps yoy Down 181 bps yoy Up 13%
Slide 4: Key Highlights – Q2FY25 / H1FY25 (2/2)
KEY HIGHLIGHTS – Q2FY25 / H1FY25 (2/2) Q2FY25 Vs Q2FY24 H1FY25 Vs H1FY24 NII ₹ 944 cr Up 15% Vs ₹ 823 cr ₹ 1,885 cr Up 17% Vs ₹ 1,616 cr NIM 9.2% Up 39 bps Vs 8.8% 9.2% Up 23 bps Vs 9.0% PPoP ₹ 461 cr down 5% Vs ₹ 483 cr ₹ 970 cr Up 3% Vs ₹ 941 cr PAT ₹ 233 cr down 29% Vs ₹ 328 cr ₹ 534 cr down 18%
Slide 5: Liabilities: Driving Retail Deposit Base
Liabilities: Driving Retail Deposit Base 5
Slide 6: Healthy Deposit Growth with Retail at Forefront
HEALTHY DEPOSIT GROWTH WITH RETAIL AT FOREFRONT Total liabilities profile (₹ in crore) Deposits break-up (₹ in crore) CASA break-up (₹ in crore) Refinance Deposits Others Bulk TD Retail TD CASA CD 36,692 SA CA 34,871 34,070 32,872 1,355 32,514 8,832 992 29,139 586 8,334 2,512 124 388 8,334 8,832 7,0
Slide 7: Well-Diversified Deposit Mix
WELL-DIVERSIFIED DEPOSIT MIX Deposits from individual continues to grow with our focus on building granular deposit base, with concentration below 15% in each state 7
Slide 8: Assets: Well-diversified growth with new customer acquisition
Assets: Well-diversified growth with new customer acquisition 8
Slide 9: Gross Loan Book and Disbursement Trend
GROSS LOAN BOOK AND DISBURSEMENT TREND Gross Loan Book (₹ in crore) Rising Secured Book Contribution in Disbursement Secured 27% 28% 30% 31% 35% Book (%) 145% Secured Unsecured 7,200 125% 6,200 5,749 5,675 6,681 5,286 5,376 105% 5,200 30,344 30,069 29,780 85% 4,200 27,743 26,574 72% 62% 65% 75% 76%
Slide 10: Gross Advances - YoY Growth
GROSS ADVANCES - YOY GROWTH Gross Loan Book – Segment wise (₹ in crore) % Gross Growth Growth Product Loan Book YoY QoQ MGl IL AH MSME FIG Agri & Allied Others^ Total Group Loans 49% (2)% (6)% 30,069 30,344 Individual Loans 15% 35% 2% 816 979 716 698 26,574 1,800 2,042 594 1,415 MSME 5% 5% 7% 684 1,
Slide 11: Disbursement, Yield and Average Ticket Size
DISBURSEMENT, YIELD AND AVERAGE TICKET SIZE Product wise Disbursement (₹ in crore) Yield (%) – Segment wise MGL+IL Overall MSME AH (Ex MLAP) MGL IL AH* MSME FIG Agri & Allied 22.3% 22.2% 22.0% Others^ 19.2% 19.1% 18.9% 5,749 11,033 10,662 5,376 917 509 5,286 875 151 293 12.6% 12.6% 12.7% 391 484 613
Slide 12: Asset Quality
ASSET QUALITY 12
Slide 13: Healthy Collections Despite Stress
HEALTHY COLLECTIONS DESPITE STRESS Collection Efficiency% (against month due) Collection Efficiency % (incl Additional collections) Cashless MB collections 113% 37% 39% 38% 111% 110% 111% 110% 111% 35% 109% 108% 109% 108% 107% 107% 32% 106% 99% 99% 98% 99% 98% 98% 99% 98% 98% 98% 98% 97% 97% Sep'23
Slide 14: Collection Efficiency
COLLECTION EFFICIENCY ₹ Crore Jul’24 Aug’24 Sep’24 Additional Additional Additional Verticals Due Collection % Due Collection % Due Collection % Collection Collection Collection Group Loans 1,300.6 1,268.6* 98% 93.8 1,298.9 1,256.5* 97% 93.4 1,291.7 1,247.0* 97% 89.0 Individual Loans 344.6 338.5* 98
Slide 15: Consistent Collections Maintaining Asset Quality
CONSISTENT COLLECTIONS MAINTAINING ASSET QUALITY NPA & SMA started to normalize YTD NPA Movement Table# PAR GNPA SMA NNPA 5.1% 4.2% 3.7% 3.6% 3.5% 93 2.3% 2.5% 2.2% 2.1% 2.1% 1.9% 2.6% 199 430 1.5% 1.6% 1.4% 0.4% 0.6% 0.09% 0.3% 0.16% Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 PAR 0 and GNPA (segment wise)
Slide 16: Healthy Floating Provision Cover
HEALTHY FLOATING PROVISION COVER (₹ in cr) Std+NPA Provision Floating PCR% 1,2 00.0 10 5% 96% 92% 95 % 87% 155 1,0 00.0 84% 85 % 78% 100 75 % Total NPA 80 0.0 743 provision of 30 701 741 671 690 65 % ₹586 Crs Floating 120 120 120 Provision of 120 ₹250 Crs 60 0.0 120 120 55 % 871 45 % 40 0.0 PCR @78%
Slide 17: Financial Overview
Financial Overview 17
Slide 18: Financial Overview
FINANCIAL OVERVIEW Cost to Income Ratio & Operating Pre-Provision Operating Profit & PPoP NII (₹ in crore) & NIM* Expenses/ Average Assets (%) (RoA) 1,100 9.4% 9.3% 9.2% 5.3% 5.2% 100% 8.8% 8.8% 6.6% 4.9% 6.4% 1,000 10.0% 7.0% 4.7% 90% 6.1% 525 900 80% 6.0% 6.5% 4.3% 5.0% 800 8.0% 70% 5.7% 6.0% 425
Slide 19: Financial Overview
FINANCIAL OVERVIEW PAT (₹ in crore) & RoE EPS* (₹) Net worth (₹ in crore) & BVPS (₹) 450 28.0% 30.6% 2.50 7,000.00 400 24.2% 24.8% 25.6% 6,000.00 2.00 350 20.9% 5,000.00 20.6% 1.50 300 4,000.00 15.7% 5,927 5,882 5,613 5,083 4,771 3,000.00 250 15.6% 1.00 328 330 1.68 1.53 1.71 1.56 300 301 2,000.00 1
Slide 20: Income Statement
INCOME STATEMENT Particulars (₹ in crore) Q2-FY25 Q2-FY24 YoY Growth Q1-FY25 QoQ Growth H1-FY25 H1-FY24 YoY Growth Interest Earned 1,613 1,391 16% 1,577 2% 3,190 2,678 19% Other Income 207 189 11% 197 5% 404 366 11% Total Income 1,820 1,580 15% 1,774 3% 3,594 3,044 18% Interest Expended 669 568 18%
Slide 21: Total Income - Breakup
TOTAL INCOME - BREAKUP Particulars (₹ in crore) Q2-FY25 Q2-FY24 YoY Growth Q1-FY25 QoQ Growth H1-FY25 H1-FY24 YoY Growth Interest on loan 1,405 1,210 16% 1,379 2% 2,784 2,343 19% Int. on investments 203 177 15% 195 4% 398 326 22% Securitization Income 4 4 (12)% 3 28% 7 8 (19)% Total Interest Earned
Slide 22: Balance Sheet
BALANCE SHEET As at As at As at Particulars (₹ in crore) Sep 30, 2024 Jun 30, 2024 Sep 30, 2023 CAPITAL AND LIABILITIES Net worth 5,882 5,927 4,771 Capital 1,934 1,933 2,156 Employees Stock Options Outstanding 82 77 55 Reserves and Surplus 3,866 3,918 2,560 Deposits 34,070 32,514 29,139 Borrowings 2
Slide 23: Healthy Capital Adequacy
HEALTHY CAPITAL ADEQUACY (₹ in Crore) Sep’23 Dec’23 Mar’24 Jun’24 Sep’24 Credit Risk Weighted Assets 18,839 20,924 22,829 23,625 24,954 Tier I Capital 4,239 4,597 5,155 5,425 5,390 Tier II Capital* 506 503 482 446 443 Total Capital 4,745 5,099 5,637 5,870 5,833 CRAR 25.19% 24.37% 24.69% 24.85% 23.38
Slide 24: Ujjivan – Platform for growth
Ujjivan – Platform for growth Please refer to Investor Meet Presentation for more details uploaded on our website, www.ujjivansfb.in 24
Slide 25: Serving Customers Through Multiple Channels
SERVING CUSTOMERS THROUGH MULTIPLE CHANNELS Retail Mobile / Internet Banking Hello Ujjivan App • Loaded with 125+ Features i.e financial & Non • India’s 1st Voice Visual Vernacular App launched for Financial Micro Banking segments of customers • Available in 9 Languages (including English) • Availab
Slide 26: Well Diversified Pan India Presence
WELL DIVERSIFIED PAN INDIA PRESENCE Total Gross Loan Book – ₹ 30,344 Cr* 26 *Includes IBPC and securitization
Slide 27: Expanding Customer Base
EXPANDING CUSTOMER BASE Customer Base Growth Customer Base – Basis of Branch Classification Asset Only Asset & Liability Liability Only In Lakhs 91.5 89.6 86.0 82.4 79.4 39.6 41.2 37.4 35.1 33.4 *Semi-Urban branches largely cater to rural customers 45.0 46.5 46.9 • Liability customers grew by 17% Yo
Slide 28: Comprehensive Suite of Products & Services
COMPREHENSIVE SUITE OF PRODUCTS & SERVICES Micro, Small & Medium Micro-Banking Enterprise Loans Affordable Housing Loans Financial Institutions Group Others • Construction and Purchase • Term loan to NBFCs, HFCs • Group Loans Loan • Home Improvement and MFIs • Individual Loans • Prime LAP# - Semi Fo
Slide 29: Strong Independent Board (1/2)
STRONG INDEPENDENT BOARD (1/2) Name Education Experience Banavar Anantharamaiah Retired as Chairman and Managing Director of Andhra Bank after serving various Banks for about Prabhakar Commerce graduate, University of 37 years. Prior to that he served as the Executive Director of Bank of India for a
Slide 30: Strong Independent Board (2/2)
STRONG INDEPENDENT BOARD (2/2) Name Education Experience Bachelor of Arts (Economics), Fellow member ICAI, Rich work experience of 27 years in Banking industry with a focus on risk management. Previously was Rajesh Kumar Jogi Advanced Management associated with Natwest Group (erstwhile RBS Group) an
Slide 31: Key Growth Strategies
KEY GROWTH STRATEGIES COMPREHENSIVE & RELEVANT PRODUCTS STRONG DISTRIBUTION & COLLECTION NETWORK ● Entire gamut of asset and liability products to attract new ● Use right combination of physical and digital channels and 01 customers and deepen existing customer relationships ● Expand range of third
Slide 32: Annexures
Annexures 32
Slide 33: Awards & Accolades
AWARDS & ACCOLADES EXPERIENTIAL OF THE YEAR Flame Awards Asia Pitch BFSI Marketing Awards BankTech X Factor Awards 2024 + Best Use of Technology in Consumer Engagement & Expansion Most Effective Holiday, Seasonal & y! y + Experiential Marketing Campaign of the Year festival Marketing ‘Quanric Awards
Slide 34: Shareholding Pattern as on Sep'24
SHAREHOLDING PATTERN AS ON SEP’24 34
Slide 35: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY 35
Slide 36: Environment, Social & Governance (ESG)
ENVIRONMENT, SOCIAL & GOVERNANCE (ESG) 36
Slide 37: Financial Literacy Program (FLP)
FINANCIAL LITERACY PROGRAM (FLP) 37
Slide 38: Thank You
THANK YOU For Investor Queries: investorrelations@ujjivan.com
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