Baid Finserv Limited · NSE:BAIDFIN
Baid Finserv — Investor Presentation (June 2023)
28 slides from Baid Finserv's investor presentation, Jun 21, 2023
Slide 1: Baid Finserv Limited – Investor Presentation Cover Letter
Baid Finserv Limited (Formerly known as “Baid Leasing and Finance Co. Ltd.”) Regd. Office: “Baid House”, IInd Floor, 1-Tara Nagar, Ajmer Road, Jaipur-06 Ph: 9214018855 E-mail: baidfinance@baidgroup.in Website: www.baidfinserv.com CIN: L65910RJ1991PLC006391 Ref. No.: BAIDFIN/2023-24/25 Date: June 21,
Slide 2: We are Experienced - biggest attribute to get Trusted
We are Experienced - biggest attribute to get Trusted
Slide 3: Table of Contents
Table of Contents 1 Company Overview 2 Key Enablers in Place 3 Assets and Liabilities 4 Operating & Financial Metrics 2
Slide 4: Company Overview
Company Overview 3
Slide 5: Baid Finserv – Financing the Underserved
Baid Finserv – Financing the Underserved Valuing Aspirations and Dreams more than Documentation ▪ Incorporated in 1991, Baid Finserv is a non-deposit taking NBFC that offers Asset backed financing ▪ The Company is deeply penetrated in the semi urban and rural areas in Rajasthan and recently forayed
Slide 6: Strategically Present in Underbanked Areas of Semi Urban and Rural
Strategically Present in Underbanked Areas of Semi Urban and Rural Rajasthan Well penetrated in East Rajasthan with presence across 25 districts via 32 branch offices Gujarat & Maharashtra Planning to enter in Q3FY24 Branch Office Madhya Pradesh Recently forayed into West Madhya Pradesh in 8 distric
Slide 7: Over 3 Decades of Delivering Dreams
Over 3 Decades of Delivering Dreams Target 2025 AUM in 2023 Rs 600 Core AUM in 2016 Rs 305 Core Rs 100 Core AUM in 2003 Company’s Vision is 2022: Name Changed to Rs 15 Core reflect new corporate to Achieve AUM of Rs 600 crore through 2015: Started LAP/MSME vision key enablers already 1991: Incorpora
Slide 8: Key Growth Drivers Towards Doubling the AUM by FY25
Key Growth Drivers Towards Doubling the AUM by FY25 To introduce new products and services catering to existing and new customer Product segments such as Affordable Housing Loans (Co-lending) and Electric Vehicle Financing Recently expanded into Madhya Pradesh with 8 districts and planning to enter
Slide 9: Key Enablers in Place
wa \e Key Enablers in Place
Slide 10: Robust Credit Origination and Validation Process
Robust Credit Origination and Validation Process … Vehicle Loan MSME / Mortgage Loan Field Executive Visits Investigation with Validation of to Customer Neighbors / KYC of Lead and Lead Generation Lead by Field Lead Generation Location for Residence / Office CIBIL Check collection of etc. after whic
Slide 11: Strong Escalation Matrix for Collection Process
… with Strong Escalation Matrix for Collection Process Collection Relationship Branch Credit Collection Collection Collection SMS Calls Executive Manager Manager Executive Manager Head 0 - 30 Days ✔ ✔ ✔ ⚠ ⚠ ⚠ ⚠ ⚠ 31 – 60 Days ✔ ✔ ✔ ✔ ⚠ ✔ ✔ ✔ 61 – 90 Days ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ 91 – 150 Days ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔
Slide 12: Digital Prowess to Oversee Every Aspect of the Business
Digital Prowess to Oversee Every Aspect of the Business Risk Management Digital Payment Mode Collections Vehicle Valuation: Real time Collect-ON: This application helps getting triggering Valuation through Auto real time collection receipt by printer to Swift App to external vendor and ▪ NACH: Activ
Slide 13: Human Capital – Well Trained and Motivated Work Force
Human Capital – Well Trained and Motivated Work Force Training and Development Total Workforce (Nos.) 178 161 161 Induction Program for New Joinees 155 Software Training including Jaguar and ESS FY20 FY21 FY22 FY23 Videos for E-Learning of Processes, Policies and Total Fieldforce (Nos.) Procedures 1
Slide 14: Dynamic Young Management led by an Experienced Pioneer
Dynamic Young Management led by an Experienced Pioneer He is the founder of Baid Leasing and Finance Co. Ltd. and a first-generation entrepreneur bearing more Panna Lal Baid than 50 years expertise in diversified sectors and more particularly into core finance sector. He created the Chairman and str
Slide 15: Assets and Liabilities
Assets and — Liabilities : INSURANCE — ¥
Slide 16: Robust Growth in AUM to Rs 305 Crore in FY23
Robust Growth in AUM to Rs 305 Crore in FY23 MSME / Mortgage Loans: ~93% of AUM Vehicle Loans: ~7% Of AUM Categories: Self Employed, Vendors, Small Shop Owners, Dairy Categories: Tractor, Commercial Vehicle, Personal Vehicle Operators Purpose: Transportation, Commercial & Personal Use. Purpose: Work
Slide 17: Demonstrated Strong Collection Efficiency
Demonstrated Strong Collection Efficiency ~90% of the Book is On-Time, underscoring our collection efficiency. GNPA at 2.91% and NNPA at 0.64% as of 31-Mar-23 Collection Efficiency (%) AUM Bucket (Rs Cr) 95.2% 93.2% 180 Days 91-180 Days 88.9% 88.4% 61-90 Days 262 237 222 31-60 Days 207 1-30 Days FY2
Slide 18: Well Diversified Lender Profile with 14 Active Lenders
Well Diversified Lender Profile with 14 Active Lenders NBFCs Lender Mix 10% 4% NBFCs 44% PSU Banks 42% SFB PSU Banks SFB Strong Relationship Across Multiple Lenders for over 3 Decades 17
Slide 19: Strong Financial Position with Disciplined Borrowing Profile
Strong Financial Position with Disciplined Borrowing Profile Disciplined Borrowing Profile with Average Cost of Borrowing reducing year-on-year BBB Total Borrowings and Cost of Borrowing Borrowing Mix (%) 13.4% 12.9% 12.5% 4% 11.9% 189 Rs 171 Cr 164 171 160 96% FY20 FY21 FY22 FY23 Total Borrowings (
Slide 20: Operating Metrics
[=a Operating Metrics
Slide 21: Robust Financial Position – Launchpad for Growth
Robust Financial Position – Launchpad for Growth Financial Information (Rs Cr) FY20 FY21 FY22 FY23 Net-worth 130.02 137.57 145.83 155.01 Total Borrowings 188.60 163.90 159.77 170.72 Total Assets 340.55 316.49 317.84 341.11 Total AUM 267.95 249.05 270.03 304.98 Total Income 62.79 54.11 50.05 55.73 Pr
Slide 22: Financial and Operating Metrics (1/3)
Financial and Operating Metrics (1/3) Total AUM and Average Lending Rate Total Borrowings and Average Cost of Borrowings 24.3% 23.8% 13.4% 12.9% 12.5% 22.5% 22.4% 305 189 11.9% 268 249 270 164 171 160 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Total AUM (Rs Cr) Avg. Lending Rate (%) Total Borrowings (R
Slide 23: Financial and Operating Metrics (2/3)
Financial and Operating Metrics (2/3) Gross and Net Non-Performing Assets Capital Adequacy Ratio (%) 3.4% 3.5% 3.3% 2.9% 1.9% 1.6% 1.0% 0.6% 51.0% 50.7% 47.4% 41.4% FY20 FY21 FY22 FY23 GNPA (%) NNPA (%) FY20 FY21 FY22 FY23 TOL / TNW Ratio AUM/Net-worth and AUM/Secured borrowing 2.06 1.62 1.97 1.81 1
Slide 24: Financial and Operating Metrics (3/3)
Financial and Operating Metrics (3/3) Income to Cost Ratio (x) Return on Assets (%) 1.81 3.2% 1.63 2.8% 1.34 1.44 2.3% 2.3% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Return on Capital Employed (%) Return on Equity (%) 13.0% 11.4% 6.7% 5.9% 6.0% 10.4% 5.4% 9.7% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 2
Slide 25: Annual - Profit & Loss
Annual - Profit & Loss Income Statement (₹ Cr) FY20 FY21 FY22 FY23 Interest Income 62.04 53.30 49.59 51.27 Other Income 0.74 0.81 0.43 4.48 Total Income 62.78 54.11 50.03 55.74 Interest Expenses 31.04 24.06 19.60 17.67 Net Total Income 31.74 30.05 30.43 38.07 Employee Cost 5.92 5.45 4.84 5.47 Other
Slide 26: Annual – Balance Sheet
Annual – Balance Sheet Assets (Rs Cr) Mar-22 Mar-23 Assets (Rs Cr) Mar-22 Mar-23 Financial Assets Financial liabilities Cash and Bank Balance 15.79 17.83 Trade payables 1.90 0.66 Loans 271.11 299.45 Borrowings 159.77 170.72 Investments 8.58 6.28 Other financial liabilities 6.60 10.66 Other Financial
Slide 27: Capital Market Information
Capital Market Information 1 year Stock Performance (Price-Volume) 50 500 Thousands 45 Trading Volume (in 000) Close Price 450 40 400 35 350 30 300 25 250 20 200 15 150 10 100 5 50 0 0 May-23 Jun-22 Jun-23 Jan-23 Dec-22 Nov-22 Jul-22 Aug-22 Feb-23 Mar-23 Sep-22 Apr-23 Oct-22 NSE / BSE code BAIDFIN |
Slide 28: Let’s Connect
Let’s Connect Investor Relations Mr. Aman Baid, Whole-Time Director Ms Pooja Sharma / Ms Ankita Gupta Baid Finserv Limited Stellar IR Advisors Pvt. Ltd. Phone: +91 9214018855 Phone: +91 22 62398024 pooja.sharma@stellar-ir.com Email: cs@baidgroup.in ankita@stellar-ir.com 27