Abans Financial Services Ltd · NSE:AFSL
Abans Financial Services — Abans Holdings — Q4 FY24 Earnings Presentation
21 slides from Abans Financial Services's earnings presentation, May 15, 2024
Slide 1: Intimation under Regulation 30 to BSE and NSE
May 15, 2024 To, To BSE Limited (“BSE”) National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers (“NSE”) Dalal Street, The Listing Department, Mumbai 400 001 Exchange Plaza, Bandra - Kurla Complex, Bandra (East), Mumbai – 400051 BSE Script Code: 543712 NSE Symbol: AHL Sub : Intimation unde
Slide 2: Abans Holdings Limited Q4-FY24/FY24 Earnings Presentation
ABANS HOLDINGS LIMITED Q4-FY24/FY24 E A R N I N G S P R E S E N TAT I O N Investor Presentation |ABANS HOLDINGS LTD. 1
Slide 3: Snapshot
Snapshot Headquartered in Global Institutional Broker Employees Presence in 5 Borrowings – INR 929 Crs. Mumbai countries with 750k License in UK 200+ Total AUM NBFC QFII for Ratings: Short Term- A2 2,544 Crs. NPA –0% Chinese Long Term- BBB+ (STABLE) markets Consolidated Y-o-Y Revenue Growth Y-o-Y PA
Slide 4: Company Overview
Company Overview • Abans Holdings Ltd. (AHL) is the diversified financial services company that caters to whole gamut of financial businesses such as Institutional Broking, Asset Management, Financial Lending, Treasury operations and Remittance Services. Revenue, EBITDA (INR Crs) EBITDA Margins (%)
Slide 5: Business Segments
Business Segments Abans Holdings Ltd. Agency Business Finance Business Capital Business Lending Trading & Investments Asset Management Broking • Global Funds Treasury Operations Remittance • PMS Consulting • AIF AGENCY BUSINESS (INR Crs) FINANCE BUSINESS (INR Crs) CAPITAL BUSINESS (INR C
Slide 6: An Emerging Global Asset Manager with strong backward integration
An Emerging Global Asset Manager with strong backward integration • AHL aspires to emerge and become a dominant player in global asset management space. With this view they have established operations in all the key financial markets around the world for customer acquisition and growth. • The compan
Slide 7: Asset Management - Global Arbitrage Opportunities Fund
Asset Management - Global Arbitrage Opportunities Fund Year USD Date USD/ INR • Global Arbitrage Opportunities Fund is the flagship fund under the Asset Management business of Abans Holdings. Returns 1st September 66.9539 2016 1.82% • It’s an open ended arbitrage fund with an AUM of INR 789 Crs as 3
Slide 8: Remittance Services
Remittance Services • To complement AHL’s global operations, the company has developed a treasury payment service for institutional clients by providing a range of services including the basic money transfer across exchange rates to enabling global trade counter-party payments. • Under the remittanc
Slide 9: Finance Business
Finance Business • Abans Finance Pvt. Ltd. (AFPL), the lending arm of Abans Holdings Limited is a RBI registered, non deposit taking NBFC since 2013. • The NBFC business is primarily focused on providing secured and unsecured term financing to individuals and small and medium enterprise (SME) across
Slide 10: Growth Strategy
Growth Strategy Onboard more distributors to grow AUM. Recently partnered with leading institutions like Bajaj Capital, Equirus Wealth, Century Private Wealth (Dubai), Choice Broking, Prabhudas Lilladhar as distributors. Looking to get Global Arbitrage Fund registered with SEC (capital market regula
Slide 11: Q4-FY24/FY24 Financial Overview
Q4-FY24/FY24 Financial O verview
Slide 12: Q4/FY24 Financial Highlights
Q4/FY24 Financial Highlights Q4-FY24 Consolidated Financial Performance FY24 Consolidated Financial Performance INR 252Crs INR 37 Crs 14.68% INR 1,378 Crs INR 150 Crs 10.89% Revenue from EBITDA EBITDA Margin Revenue from EBITDA EBITDA Margin Operations Operations INR 21 Crs 8.33% INR 4.21/share INR
Slide 13: Quarterly Consolidated Income Statement
Quarterly Consolidated Income Statement Particulars (INR Crs) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Revenue from Operations 252 572 (55.9)% 506 (50.2)% Total Expenses 215 546 (60.6)% 468 (54.1)% EBITDA 37 26 42.3% 38 (2.6)% EBITDA Margins (%) 14.68% 4.55% 1013 Bps 7.51% 717 Bps Other Income 0 1 NA 1 N
Slide 14: Yearly Consolidated Income Statement
Yearly Consolidated Income Statement Particulars (INR Crs) FY24 FY23 Y-o-Y Revenue from Operations 1,378 1,163 18.5% Total Expenses 1,228 1,077 14.0% EBITDA 150 86 74.4% EBITDA Margins (%) 10.89% 7.39% 350 Bps Other Income 2 1 NA Depreciation 1 1 0.0% Interest 51 10 NA Profit before exceptional item
Slide 15: Outlook For FY25
Outlook For FY25 We expect consistent and sustained growth trajectory for FY 2024-25 ASSET UNDER CONSOLIDATED EBITDA NET INTEREST MARGIN (NIM) REVENUE FROM AGENCY MANAGEMENT (AUM) BUSINESS AUM grew by 53% in FY 24 EBITDA grew by 74% in FY 24 NIM for FY 24 is 7.8% Agency income for FY24 Grew by 133%
Slide 16: Historical Financial Overview
Historical Financial O verview
Slide 17: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Crs) FY21 FY22 FY23 FY24 Revenue from Operations 1,326 639 1,163 1,378 Total Expenses 1,250 555 1,077 1,228 EBITDA 76 84 86 150 EBITDA Margins (%) 5.73% 13.15% 7.39% 10.89% Other Income 5 7 1 2 Depreciation 1 1 1 1 Interest 31 26 10 51 Profit
Slide 18: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Crs) FY22 FY23 FY24 Particulars (INR Crs) FY22 FY23 FY24 Assets Equity and Liabilities Non-Current Assets 111 209 212 • Share Capital 9 10 10 Property, plant & equipment 13 13 13 • Other Equity 622 817 921 Right to use asset 0 0 0 • Non-controll
Slide 19: Key Consolidated Financial Highlights
Key Consolidated Financial Highlights Operational Revenue (INR Crs) EBITDA (INR Crs) & EBITDA Margins (%) PAT (INR Crs) & PAT Margins (%) 150 1,378 89 1,326 28. 00% 1,163 70 84 62 21. 00% 86 76 639 13.20% 46 14. 00% 10.89% 9.68% 5.70% 7.39% 3.46% 7.0 0% 6.46% 6.02% 0.0 0% FY21 FY22 FY23 FY24 FY21 FY
Slide 20: Capital Market Information
Capital Market Information Share Price Movement (Up to 31st March, 2024) 100% 80% 60% 40% 20% 0% -20% Apr/2023 May/2023 Jun/2023 Jul/2023 Aug/2023 Sep/2023 Oct/2023 Nov/2023 Dec/2023 Jan/2024 Feb/2024 Mar/2024 ABANS SENSEX Market Data (INR) (As on 31st March, 2024) Shareholding Pattern (As on 31st M
Slide 21: Disclaimer
Disclaimer Abans Holdings Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not