Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — IIFL Securities — Q1 FY2024 Earnings Presentation
22 slides from Iifl Capital Services's earnings presentation, Jul 24, 2023
Slide 1: Cover letter to BSE and NSE
July 24, 2023 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. Mumbai 400 051. Tel no.: 2
Slide 2: Investor Presentation for the quarter ended June 30, 2023
Investor Presentation For the quarter ended June 30, 2023 IIFL Securities Limited July 24, 2023 NSE: IIFLSEC | BSE: 542773
Slide 3: Table of Contents
Table of Contents Slide Section Contents reference Key Highlights & Business Performance 3 - 11 Financial Performance 12 - 14 Strategy, Governance & Others 15 - 20 2
Slide 4: Key Highlights & Business Performance
Section KEY HIGHLIGHTS 01 & BUSINESS PERFORMANCE c 3
Slide 5: Rapidly growing financial power house (Q1FY24)
Rapidly growing financial power house (Q1FY24) ₹1,471 billion ₹19 billion ₹2,308 billion Assets under Net AUM Average daily management & Collection turnover Custody 4.4 Rating 43 thousand 9 transactions Completed Highest Rated Customers Investment Banking Investment App acquired transactions 4
Slide 6: Legacy business in retail broking and distribution
Legacy business in retail broking and distribution o Legacy of over two decades in retail broking and financial product distribution. o Business offerings comprise equity, commodities and currency broking, Demat services, portfolio advisory and distribution of investment products Asset Under Managem
Slide 7: Focus on profitable customer acquisition
Focus on profitable customer acquisition Customer Acquisitions (‘000) In line with the management strategy 223 of focusing on the 201 209 affluent segment 163 150 152 110 100 92 81 49 43 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Average Daily Turnover – Aver
Slide 8: One stop shop for financial products
One stop shop for financial products Product offerings Mutual AIFs PMS IPO Insurance FDs Bonds NPS Loans Funds Life General Health Open architecture model in distribution. MF and Insurance are retail focus products with good long term growth prospects. Insurance premiums amounted to ₹443 Milli
Slide 9: Retail focus on insurance and mutual funds
Retail focus on insurance and mutual funds Mutual Fund AUM (₹ Billion) SIP Transactions (Count) (000’s) 79.5 71.3 68.5 69.0 152 156 148 150 51.5 89 90 91 34.4 28.3 FY19 FY20 FY21 FY22 FY23 Q1FY23 Q1FY24 FY19 FY20 FY21 FY22 FY23 Q1FY23 Q1FY24 Life Insurance Premium (₹ Million) Non-life Insurance Prem
Slide 10: Strong Research Capabilities
Strong Research Capabilities Sector-wise break up of stocks under coverage Market Cap break up of stocks under coverage Agriculture Auto IIFL Market Cap Banking & Fin Research bracket Building Material Universe Capital Goods Cement Above US$ 10 Billion 60 Chemicals Consumer Discretionary & Electrica
Slide 11: Leading investment bank in India
Leading investment bank in India Investment Banking Revenues (₹ Million) 1,504 1,287 Completed 9 transactions across capital market, debt advisory and private equity in the quarter. 736 550 334 Filed 2 DRHPs with SEBI over the quarter 334 299 Expanded the product offerings beyond capital marke
Slide 12: As per Prime Database Investment Bankers League
As per Prime Database Investment Bankers League As per Prime database 11
Slide 13: Financial Performance
Section 02 Financial Performance 12
Slide 14: Consolidated results (as per IND AS)
Consolidated results (as per IND AS) Quarter ended June 30, 2023 ₹ Mn Q1FY24 Q1FY23 Y-o-Y Q4FY23 Q-o-Q FY23 Revenue from Operations 4,091 2,915 40% 4,019 2% 13,521 Other income 19 32 (41%) 33 (42%) 183 Total income 4,110 2,948 39% 4,052 1% 13,704 Employee cost 902 870 4% 923 (2%) 3,581 Finance Cost
Slide 15: Financial trends
Financial trends Total Revenue (₹ Million) Profit after tax (TCI) (₹ Million) Return on Equity (%) 13,166 13,704 ^ 3,057 29% 29% 8,756 7,900 8,678 ^ 2,480 25% ^ 2,321 2,210 24% 22% 1,721 20% 4,110 2,948 739 421 FY19 FY20 FY21 FY22 F Y 2 3 Q 1 F Y 2 3Q 1 F Y 2 4 FY19 FY20 FY21 FY22 F Y 2 3 Q 1 F Y 2
Slide 16: Strategy, Governance & Others
Section 03 Strategy, Governance & Others 15
Slide 17: Serving full spectrum of customers
Serving full spectrum of customers spread across affluent individuals, institutions and corporates Affluent Investment High Volume Institutional Investment Management Traders Equities Banking Customer centric goal- Serves high volume Strong research Well positioned in the based offering targeting tr
Slide 18: Update on Scheme of Arrangement between IIFL Securities and 5paisa Capital
Update on Scheme of Arrangement between IIFL Securities and 5paisa Capital The Board of Directors of the Company and 5paisa Capital Ltd. at its meeting held on 6th December, 2022 had approved the transfer of IIFL Securities’ Online Retail Trading Business to 5paisa Capital through a Scheme of Arrang
Slide 19: ESG
Commitment towards ESG Focus Areas EMPLOYEE • Women employees forms 27% of total workforce • Timely promoting mental wellbeing through counselling, support and awareness mailers • Impactful Communication Training for Relationship Managers for upskilling • Conducted 805 man-hours of training for our
Slide 20: Led by an independent and illustrious board
Led by an independent and illustrious board R Venkataraman, Managing Director Viswanathan Krishnan, Independent Co-founder of IIFL Director Previous experience with ICICI Bank, 30+ years of diverse experience with L&T, Barclays, GE Capital MCX, SHCIL, Barclays, Deutche Bank MBA from IIM Bang
Slide 21: Corporate Social Responsibility
Corporate Social Responsibility Smart Shaala - A project on education in 5 Aspirational District IIFL Foundation conducts training for teachers from government schools to improve the learning outcome of the students. The project is deployed in five aspirational districts of Rajasthan - Dholpur
Slide 22: Thank You
Published in July 2023 IIFL Securities Limited This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an offer or solicitation for the purchase and sale of any financial instrument. THANK Any action taken by you on the