Iifl Finance Limited · NSE:IIFL
Iifl Finance — Q2 FY2024 Earnings Presentation
63 slides from Iifl Finance's earnings presentation, Oct 18, 2023
Slide 1: Exchange cover letter: press release and presentation on results
IIFL FINANCE October 18, 2023 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 40
Slide 2: IIFL Finance Q2FY24 profit after tax at Rs. 526 Crore, up 32%
IIFL FINANCE IIFL Finance Limited Press Release For immediate publication Mumbai, India October 18, 2023 IIFL Finance Q2FY24 Results update IIFL Finance Q2FY24 profit after tax1 at Rs. 526 Crore, up 32% y-o-y For the quarter ended September 30, 2023, the Company reported net profit after tax of Rs.
Slide 3: Management comments and financial performance review
IIFL FINANCE Mr. Nirmal Jain, Founder, IIFL Finance Ltd., remarked on the financial results: “The financial results for the quarter vindicate our strategy focused on retail loans to relatively under-banked customer segments and in credit under-penetrated geographies. We have been at the forefront of
Slide 4: Business segment review and liquidity position
IIFL FINANCE Microfinance: The microfinance loan AUM stood at Rs. 11,307 Cr, up 67% y-o-y and 10% q-o-q, as at September 30, 2023. The microfinance customer base stood at 27.1 lakh customers operating out of 1,485 dedicated microfinance branches across India. The company successfully transitioned to
Slide 5: About IIFL
IIFL FINANCE Mrs. Madhu Jain, Director, IIFL Foundation was listed among 'Asia's 100 Women Power Leaders 2023' by White Page About IIFL IIFL Group is one of the leading players in the Indian financial services space. Prior to the Composite Scheme of Arrangement (effective May 2019), IIFL Finance L
Slide 6: Performance review Quarter ended September 2023 (Q2FY24)
IIFL FINANCE El( .1 • Performance review Quarter ended September, 2023 (Q2FY24) Bloomberg: IIFL IN October 18, 2023
Slide 7: Financial Performance Q2FY24
IIFL FINANCE I Financial Performance Q2FY24 3–8 Key Business Metrics 10 – 16 Business Segments Overview 18 – 33 Corporate, Strategy and Others 35 – 44 Financials of the Subsidiaries 46 – 56 Link to download databook 57 2
Slide 8: Q2FY24 Results Snapshot (Consolidated)
Q2FY24 Results Snapshot (Consolidated) IIFL FINANCE I Q2FY24 net profit ₹526 Cr - up 32% yoy; RoE at 20.1% (₹ Cr) Loan AUM Q2FY24 73,066 Q2FY23 55,303 YoY% 32% Q1FY24 68,178 QoQ % 7% i Return on Equity3 20.1% Return on Assets 3.9% PPOP1 922.1 654.4 41% 792.0 16% Capital Adequacy 2 PAT (pre NCI ) 525
Slide 9: Quarterly Results Q2FY24 (Consolidated)
Quarterly Results Q2FY24 (Consolidated) IIFL FINANCE I Income ₹1,599.3 Cr - up 33% yoy, 12% qoq; PBT at ₹683.5 Cr - up 29% yoy, 11% qoq ₹ Cr Q2FY24 Q2FY23 Y-o-Y Q1FY24 Q-o-Q Interest income 1,933.2 1,500.1 29% 1,825.2 6% Interest expense (932.1) (775.8) 20% (887.8) 5% Net interest income 1,001.1 724
Slide 10: Quarterly Q2FY24 Income Analysis (Consolidated)
Quarterly Q2FY24 Income Analysis (Consolidated) IIFL FINANCE I Non fund income - 37% of total income ₹ Cr Q2FY24 Q2FY23 Y-o-Y Q1FY24 Q-o-Q Loan Book (Ind AS Balance sheet) 44,061 35,162 25% 41,515 6% Assigned assets 18,429 15,438 19% 17,700 4% Co-lending book 10,576 4,703 125% 8,963 18% Loan Assets
Slide 11: Half-Yearly Results H1FY24 (Consolidated)
Half-Yearly Results H1FY24 (Consolidated) IIFL FINANCE I Income ₹3,025 Cr - up 28% yoy; PBT at ₹1,302 Cr - up 35% yoy ₹ Cr H1FY24 H1FY23 Y-o-Y Interest income 3,758.5 2,909.7 29% Interest expense (1,819.9) (1,551.8) 17% Net interest income 1,938.5 1,357.9 43% Non-fund based income 1,086.0 1,013.7 7%
Slide 12: Half-Yearly Results H1FY24 (Consolidated)
Half-Yearly Results H1FY24 (Consolidated) IIFL FINANCE I Non fund income - 36% of total income ₹ Cr H1FY24 H1FY23 Y-o-Y Loan Book (Ind AS Balance sheet) 44,061 35,162 25% Assigned assets 18,429 15,438 19% Co-lending book 10,576 4,703 125% Loan Assets under management 73,066 55,303 32% ₹ Cr H1FY24 H1
Slide 13: Consolidated Balance Sheet as at September 30, 2023
Consolidated Balance Sheet as at September 30, 2023 IIFL FINANCE I Total Equity at ₹11,219 Cr ASSETS (₹ Cr) LIABILITIES AND EQUITY (₹ Cr) 1 Financial Assets 1 Financial Liabilities (a) Cash and Bank Balances 4,196 (a) Payables 280 (b) Receivables 149 (b) Borrowings (c) Loan Assets 44,838 - NCDs 10,5
Slide 14: Key Business Metrics
IIFL FINANCE I Financial Performance Q2FY24 3–8 Key Business Metrics 10 – 16 Business Segments Overview 18 – 33 Corporate, Strategy and Others 35 – 44 Financials of the Subsidiaries 46 – 56 Link to download databook 57 9
Slide 15: Key business metric - Loan AUM growth
Key business metric - Loan AUM growth IIFL FINANCE Core loan products AUM has grown at 23% CAGR over last 5 years Latest quarter Key business metrics Loan AUM (₹ Cr) Mix % Q2FY24 Q2FY23 YoY % Q1FY24 QoQ % Loan AUM growth Portfolio Yield Home Loan 33% 24,009 19,681 22% 22,838 5% Gold Loan 32% 23,690
Slide 16: Key business metric – Portfolio yield
Key business metric – Portfolio yield IIFL FINANCE Yield is improving with focus on small ticket granular loans Latest quarter Key business metrics Portfolio % Q2FY24 Q2FY23 YoY Q1FY24 QoQ Loan AUM growth 11.0% 10.6% 0.5% 11.2% (0.1%) Portfolio yield Home Loan Gold Loan 18.5% 17.5% 1.0% 17.5% 1.0% C
Slide 17: Key business metric – Cost of borrowing
Key business metric – Cost of borrowing IIFL FINANCE I Successfully raised long term funds through multiple Development Financial Institutions Last 5 years Average cost of borrowing % Key business metrics Loan AUM growth 9.4% 9.4% 9.4% 9.3% 9.3% 9.0% 9.1% 9.1% 9.0% 9.1% 9.0% Portfolio yield 8.8% 8.9
Slide 18: Key business metric – Asset quality
Key business metric – Asset quality IIFL FINANCE I Non performing assets have consistently been lower than the peer group through cycles Latest quarter Key business metrics GNPA % Q2FY24 Q2FY23 YoY % Q1FY24 QoQ % Last 5 years Loan AUM growth GNPA% NNPA% Portfolio yield Home Loan 1.74% 2.44% (0.70%)
Slide 19: Key business metric – Profitability
Key business metric – Profitability IIFL FINANCE I. Net profit has grown at CAGR of 28%, despite covid & liquidity squeeze periods Key business metrics Last 5 years Loan AUM growth Profit after tax RoA RoE Portfolio yield 5 vr mid...2104 Cost of borrowing 1,608 20.6% 19.9% 19.5% Asset quality 1,188
Slide 20: Key business metric – Capital & gearing
Key business metric – Capital & gearing IIFL FINANCE I Robust financials, high capital adequacy with net gearing coming down Latest quarter Key business metrics (₹ Cr) Q2FY24 Q2FY23 YoY % Q1FY24 QoQ % Loan AUM growth Networth (Excl. Minority) 9,640 8,172 18% 9,134 6% Portfolio yield CRAR % Cost of b
Slide 21: Key business metric – Liquidity
Key business metric – Liquidity IIFL FINANCE I Well covered to not only meet obligations but sustain growth as well Latest quarter Key business metrics Asset Liability Match (ALM) ₹ Cr Loan AUM growth Surplus across all buckets 58,967 Portfolio yield 50,504 46,218 58,967 Cost of borrowing 43,734 Ass
Slide 22: Business Segments Overview
IIFL FINANCE I Financial Performance Q2FY24 3–8 Key Business Metrics 10 – 16 Business Segments Overview 18 – 33 Corporate, Strategy and Others 35 – 44 Financials of the Subsidiaries 46 – 56 Link to download databook 57 17
Slide 23: Home loan – Industry overview & IIFL's Competitive edge
. II ei g-I. FINANCE I Home loan – Industry overview & IIFL’s Competitive edge INDUSTRY OVERVIEW IIFL’S COMPETITIVE EDGE LEADING HFC IN AFFORDABLE HOUSING SPACE • Housing shortage (EWS/LIG): 9.5 Cr units • EWS/LIG account for 95% of potential idle TOTAL ADDRESSABLE • Strong player in the sub ₹20L lo
Slide 24: Home loan – Product overview
Home loan – Product overview IIFL FINANCE I Small loans for affordable homes, in small towns and suburbs of metros Distribution of AUM as at September 30,2023 (₹ Cr) Tamil Nadu, Kerala, West Bengal, Assam Primary focus on affordable and non-metro customers Puducherry, 2% 2% Karnataka, 5% Maharasht
Slide 25: Home loan – financial overview
Home loan – financial overview IIFL FINANCE I Improving yields and stable asset quality Portfolio yield (%) Quarterly Disbursements (₹ Cr) 2,428 11.0% 10.9% 2,131 1,951 1,882 1,880 10.3% 10.3% 10.0% 9.8% ■ FY19 FY20 FY21 FY22 FY23 H1FY24 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 GNPA (%) Salaried and Self
Slide 26: Loan Against Property (LAP) – Industry overview & IIFL's Competitive edge
Loan Against Property (LAP) – Industry overview & IIFL’s Competitive edge IIFL FINANCE INDUSTRY OVERVIEW IIFL’S COMPETITIVE EDGE LEADING PLAYER WITH A WELL ESTABLISHED NETWORK • 6.4 Cr MSMEs in India with only 14% having access to credit TOTAL ADDRESSABLE • Leading player in the sub ₹30L secured loa
Slide 27: Loan Against Property (LAP) – product overview
Loan Against Property (LAP) – product overview IIFL FINANCE I Focus on digital lending to MSME sector and individuals Distribution of AUM as at September 30,2023 (₹ Cr) For secured business loans against residential, commercial and industrial property Gujarat, 4% Bihar, 0% West Bengal, 2% Rajastha
Slide 28: Loan Against Property (LAP) – financial overview
Loan Against Property (LAP) – financial overview IIFL FINANCE I Improving yields and asset quality; disbursals turning granular Portfolio Yield (%) Quarterly Disbursements (₹ Cr) 17.9% 18.6% 982 14.3% 14.8% 15.1% 15.0% 852 792 802 720 I FY19 I FY20 FY21 FY22 FY23 H1FY24 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q
Slide 29: Digital loan – Industry overview & IIFL's Competitive edge
Digital loan – Industry overview & IIFL’s Competitive edge IIFL FINANCE INDUSTRY OVERVIEW IIFL’S COMPETITIVE EDGE EXPANDING REACH DIGITALLY • Of the 6.4 Cr MSMEs, only 14% have access • 100% digital journey enabled through Account to credit TOTAL ADDRESSABLE Aggregator, o-KYC, e-KYC & c-KYC, OCR che
Slide 30: Digital loan – product overview
Digital loan – product overview IIFL FINANCE I Focus on digital lending to MSME sector and individuals Distribution of AUM as at September 30, 2023 (₹ Cr) Others, 10% For business loans backed by cash flows Andhra Pradesh, 3% Focus on balancing prudent credit underwriting with Madhya Pradesh, 3%
Slide 31: Digital Loan – financial overview
Digital Loan – financial overview IIFL FINANCE I Improving yields and asset quality and disbursals Portfolio Yield (%) Quarterly Disbursements (₹ Cr) 23.3% 1,164 22.4% 911 898 20.8% 716 20.6% 19.9% 19.7% 501 FY19 I I FY20 FY21 FY22 FY23 H1FY24 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 GNPA (%) Onboarding A
Slide 32: Gold loan – Industry overview & IIFL's Competitive edge
Gold loan – Industry overview & IIFL’s Competitive edge IIFL FINANCE INDUSTRY OVERVIEW IIFL’S COMPETITIVE EDGE LARGE BRANCH NETWORK BUILT ON CUSTOMER FOCUS • Among top two NBFCs in the country in gold loans • Gold holdings in India: 28,000 tonnes TOTAL ADDRESSABLE segment, having grown at a 5yr-CAGR
Slide 33: Gold loans – product overview
Gold loans – product overview IIFL FINANCE I Secured low-risk short term loans to neighborhood customers Distribution of AUM as at September 30,2023 (₹ Cr) Assam, Tripura, 3% In-house loan origination through growing network of Bihar, Jharkhand, 2% Tamil Nadu, Puducherry, 3% branches and increasin
Slide 34: Gold loans – financial overview
Gold loans – financial overview IIFL FINANCE I Stable yields and asset quality Portfolio Yield (%) Quarterly Disbursements (₹ Cr) 19.0% 11,245 18.1% 18.0% 18.5% 17.5% 17.5% 9,304 8,533 7,135 6,811 7,177 FY19 FY20 FY21 FY22 FY23 H1FY24 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 GNPA Onboarding Average
Slide 35: Microfinance – Industry overview & IIFL's Competitive edge
Microfinance – Industry overview & IIFL’s Competitive edge •. 1111FL FINANCE I INDUSTRY OVERVIEW IIFL’S COMPETITIVE EDGE • Potential Households in eligible income ESTABLISHED BASE AND CONSISTENT TRACK RECORD category (HHs): 2.03 Cr • MFI Outreach: 28.5% • Major microfinance player with diversified g
Slide 36: Microfinance loans – product overview
Microfinance loans – product overview IIFL FINANCE I Focus on self employed, low income women groups for micro business Distribution of AUM as at September 30,2023 (₹ Cr) Gujarat 2% Small-ticket loans for purpose of income generation Maharashtra,Goa 2% Assam,Tripura, Arunachal Pradesh 1% activitie
Slide 37: Microfinance loans – financial overview
Microfinance loans – financial overview IIFL FINANCE I Improving yields and asset quality; disbursals picking up Portfolio yield% Quarterly Disbursements (₹ Cr) 3,750 23.4% 23.8% 24.4% 3,173 22.6% 22.3% 21.9% 2,699 2,277 1,834 FY19 FY20 FY21 FY22 FY23 H1FY24 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 GNPA (
Slide 38: Construction Real Estate (CRE) & Capital Market
Construction Real Estate (CRE) & Capital Market IIFL FINANCE I Not core but businesses synergistic to Group’s core businesses Construction and Real Estate (CRE) CRE Asset Under Management (₹ Cr) • IIFL Finance continues to provide funding for completion of its already funded projects, with appropria
Slide 39: Corporate, Strategy and Others
IIFL FINANCE I Financial Performance Q2FY24 3–8 Key Business Metrics 10 – 16 Business Segments Overview 18 – 33 Corporate, Strategy and Others 35 – 44 Financials of the Subsidiaries 46 – 56 Link to download databook 57 34
Slide 40: Retail Lending: Phygital and Partnership model
Uniquely placed to dominate non banking retail lending IIFL FINANCE I. Our business is built on Phygital and Partnership model Retail Lending Strong collateral or cash flow backed loans, in segments with robust growth potential Phygital Partnerships Physical Digital Banks Fintechs Network of 4,596 I
Slide 41: Partnerships with banks for co-lending, co-origination and business correspondence
Our partnerships with banks for co-lending, co-origination and business IIFL FINANCE correspondence.. DBS DDB BANK i qA 4w-ei rod Centrai Sank of india OSBI Canal Bank :••• °WWI Bank SOU INDIAN Bank TH UCO BANK ® Punjab & Sind Bank (A Govt. of Indle Undertaking) Where service d a way oflife Indian O
Slide 42: Marquee global investors and shareholding pattern
Since inception, marquee global investors have reposed faith in our IIFL FINANCE business & management Shareholding Pattern % holding WI Prdi 13ritish Promoters 24.8 FA I RFAX International Pra in Investment Institutional Investors 56.0 (Formerly CDC Group) Fairfax 20.9 2010 2016 Capital Group 7.9 D
Slide 43: Distinguished Board of Directors
Distinguished Board of Directors Id IIFL FINANCE I IIFL Finance – Board of Directors ■ Nirmal Jain Managing Director MBA, IIM Ahmedabad; Rank holder CA & Cost accountant Founded and led IIFL since 1995 Worked with Unilever for 5 years • R Venkataraman Joint Managing Director MBA, IIM Bangalore; B-Te
Slide 44: Experienced senior management team
Experienced senior management team NFL FINANCE IIFL Finance IIFL Home Finance IIFL Samasta Finance N Venkatesh Kapish Jain Monu Ratra Chief Executive Officer Group Chief Financial Officer Chief Executive Officer Strategic leadership Program Chartered Accountant Qualified architect and MBA in microfi
Slide 45: Environment, Social & Governance - Environment
Environment, Social & Governance - Environment IIFL FINANCE I Supporting a sustainable economy through focus on environment Adopting environmentally conscious solutions in our business initiatives as well IIFL has signed a US$ 68 million Pioneered Green Building concept in loan with Asian Developmen
Slide 46: Environment, Social & Governance - Social
Environment, Social & Governance - Social NFL FINANCE Promoting financial inclusion IIFL is firmly committed to support economic activity and financial inclusion through its loan offerings while adapting to changes in the external environment. r 62% of gold loan disbursed are of less than ₹ 50,000
Slide 47: Environment, Social & Governance - Social: CSR projects
Environment, Social & Governance - Social NFL FINANCE CSR projects continue with creative use of technology Smart Shaala – Rajasthan (3 Districts) Home Stay Training for 160 Youths – Tezu, Arunachal Pradesh IIFL Foundation, has implemented the biggest TV based learning …
Slide 48: Environment, Social & Governance - Governance
Environment, Social & Governance - Governance IIFL FINANCE I Conducting our business with integrity Establishing vision, mission and values and determining, reviewing the goals and policies of the Company from time to time Promote sound corporate governance practices, Corporate policies and guidelin
Slide 49: IIFL's brand and credibility recognized at various forums
IIFL’s brand and credibility recognized at various forums this quarter IIFL FINANCE Received :0 Received Recognized as .b0 kdr .b0 a. 'Iconic Brand' by vkdr 'Best NBFC of the 0 'Best Customer 160 %0 160 The Economic %0 le0 Year Award' at %* 0 Experience Strategy' Times ‘b0 NBFC Leadership at NBFC Le
Slide 50: Financials of the Subsidiaries
IIFL FINANCE I Financial Performance Q2FY24 3–8 Key Business Metrics 10 – 16 Business Segments Overview 18 – 33 Corporate, Strategy and Others 35 – 44 Financials of the Subsidiaries 46 – 56 Link to download databook 57 45
Slide 51: Loan AUM split across Group entity
Loan AUM split across Group entity IIFL FINANCE I IIFL Finance is listed holding NBFC with 2 major subsidiaries for housing & Micro-finance IIFL Finance IIFL Home IIFL Samasta IIFL Finance As on Q2FY24 (₹ Cr) Standalone Finance Finance Consolidated Home Loans - 24,009 - 24,009 Gold Loans 23,690 - -
Slide 52: Reconciliation of reported consolidated results with Group entities
Reconciliation of reported consolidated results with Group entities IIFL FINANCE I Half year end results for the period ended September 30, 2023 IIFL Finance IIFL Home IIFL Samasta Intergroup IIFL Finance ₹ Cr Standalone Finance* Finance adjustments Consolidated Interest income 1,434.9 1,250.9 1,034
Slide 53: IIFL Finance (Standalone): Quarterly Results
IIFL Finance (Standalone): Quarterly Results IIFL FINANCE I ₹ Cr Q2FY24 Q2FY23 Y-o-Y Q1FY24 Q-o-Q Interest income 720.1 658.3 9% 714.8 1% Interest expense (407.5) (353.5) 15% (387.8) 5% Net interest income 312.6 304.8 3% 327.0 (4%) Non-fund based income 331.4 334.8 (1%) 273.3 21% Total income 644.0
Slide 54: IIFL Finance (Standalone): Financial trends
IIFL Finance (Standalone): Financial trends IIFL FINANCE I Robust financial performance and growth Loan AUM (₹ Cr) Profit after tax (PAT) (₹ Cr) On Book Off Book 745 806 29,775 25,573 19,199 21,109 16,057 451 14,460 343 288 149 13,119 14,640 12,625 14,048 15,881 12,305 FY19 FY20 FY21 FY22 FY23 H1FY2
Slide 55: IIFL Finance (Standalone): Key ratios trends
IIFL Finance (Standalone): Key ratios trends IIFL FINANCE I Income, return, asset & leverage ratios Operating Expenses to Average AUM (%) Net Gearing Branch expansion 3.5 3.2 3.0 2.9 5.7% 2.7 5.6% 5.3% 5.0% 2.2 4.4% 4.2% FY19 FY20 FY21 FY22 FY23 H1FY24 FY19 FY20 FY21 FY22 FY23 H1FY24 Provisions to P
Slide 56: IIFL Home Finance (Consolidated): Quarterly Results
IIFL Home Finance (Consolidated): Quarterly Results IIFL FINANCE I ₹ Cr Q2FY24 Q2FY23 Y-o-Y Q1FY24 Q-o-Q Interest income 636.0 498.1 28% 614.9 3% Interest expense (320.3) (290.8) 10% (321.6) 0% Net interest income 315.7 207.3 52% 293.3 8% Non-fund based income 157.6 126.0 25% 147.0 7% Total income 4
Slide 57: IIFL Home Finance (Consolidated): Financial trends
IIFL Home Finance (Consolidated): Financial trends IIFL FINANCE I Robust financial performance and growth Loan AUM (₹ Cr) Profit after tax (PAT) (₹ Cr) . On Book . Off Book II I 31,094 768 28,512 23,617 593 III 20,694 I 18,158 18,495 477 401 306 245 18,055 19,903 13,400 12,814 14,855 15,669 FY19 FY2
Slide 58: IIFL Home Finance (Consolidated): Key ratios trends
IIFL Home Finance (Consolidated): Key ratios trends IIFL FINANCE I Income, return, asset & leverage ratios Operating Expenses to Average AUM (%) Net Gearing Branch 6.9 expansion 6.0 5.6 1.7% 1.7% 4.6 1.4% 1.5% 1.2% 1.2% 2.4 2.4 FY19 FY20 FY21 FY22 FY23 H1FY24 FY19 FY20 FY21 FY22 FY23 H1FY24 Provisio
Slide 59: IIFL Samasta Finance: Quarterly Results
IIFL Samasta Finance: Quarterly Results IIFL FINANCE I ₹ Cr Q2FY24 Q2FY23 Y-o-Y Q1FY24 Q-o-Q Interest income 547.0 336.6 62% 487.5 12% Interest expense (214.0) (132.6) 61% (198.8) 8% Net interest income 333.0 204.0 63% 288.7 15% Non-fund based income 147.6 32.4 356% 94.6 56% Total income 480.6 236.4
Slide 60: IIFL Samasta Finance: Financial trends
IIFL Samasta Finance : Financial trends IIFL FINANCE I Robust financial performance and growth Loan AUM (₹ Cr) Profit after tax (PAT) (₹ Cr) On Book Off Book 233 12,196 10,552 128 107 6,484 4,796 66 3,400 53 51 2,285 7,999 8,276 5,773 4,117 1,819 2,301 FY19 FY20 FY21 FY22 FY23 H1FY24 FY19 FY20 FY21
Slide 61: IIFL Samasta Finance: Key ratios trends
IIFL Samasta Finance : Key ratios trends IIFL FINANCE I Income, return, asset & leverage ratios Operating expense to Average AUM (%) Net Gearing 8.0% 7.1% 6.9% 7.2% 5.6 6.6% 5.3 5.5% 4.9 4.6 4.5 3.4 FY19 FY20 FY21 FY22 FY23 H1FY24 FY19 FY20 FY21 FY22 FY23 H1FY24 Provisions to PPOP (%) Provisions to
Slide 62: Link to download data book
Link to download data book IIFL FINANCE I Data reported across previous quarters is now continued to be reported in a Data Book, maintained in an excel format on our website. The Link for the data book is hosted below. Click here to download databook 57
Slide 63: Thank you
IIFL FINANCE I Thank you Published in October 2023 IIFL Finance Ltd. All rights reserved. Regd. Off: IIFL House, Sun Infotech Park, Road No. 16V, Plot No.B-23, Thane Industrial Area, Wagle Estate, Thane – 400604. This report is for information purposes only and does not construe to be any investment