Sundaram Finance Limited · NSE:SUNDARMFIN
Sundaram Finance — H1 FY2019 Earnings Presentation
16 slides from Sundaram Finance's earnings presentation, 2018
Slide 1: Performance Highlights H1FY19
PERFORMANCE HIGHLIGHTS H1FY19
Slide 2: Disbursements and AUM
Disbursements and AUM ` in Crore % Growth Disbursements AUM 9000 15.4% 19.4% 31000 12.9% 8000 27000 7000 16.1% 8329 23000 6000 7217 5000 27223 19000 4000 22799 15000 3000 2000 11000 H1FY18 H1FY19 30-Sep-2017 30-Sep-2018 AUM - Assets Under Management
Slide 3: Disbursements by asset and region
Disbursements H1FY18 4.0% 4.1% 4.8% 3.6% H1FY19 9.6% 10.9% Asset wise ` 7217 Cr. 49.6% ` 8329 Cr. 54.1% 26.6% 32.7% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 3.3% 3.9% 12.0% Region wise 12.3% 19.3% ` 8329 Cr. 20.7% ` 7217 Cr. 64.0% 64.5% South No
Slide 4: AUM by asset and region
AUM 4.7% 30-Sep-2017 4.5% 5.4% 3.6% 30-Sep-2018 7.6% 9.1% Asset wise ` 22799 Cr. 52.3% ` 27223 Cr. 53.3% 30.9% 28.6% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 3.3% 3.7% 13.2% 13.1% Region wise 19.0% ` 27223 Cr. 18.8% ` 22799 Cr. 64.2% 64.7% South
Slide 5: Funding Mix
Funding Mix 45.0% Total 30-Sep-2017 31-Mar-2018 30-Sep-2018 39.3% 40.0% Borrowing ₹ 21767 Cr. ₹ 24085 Cr. ₹ 26184 Cr. 36.5% 36.7% 35.0% 30.0% 23.6% 24.2% 19.9% 25.0% 21.4% 20.6% 20.0% 15.2% 12.1% 15.0% 10.9% 12.6% 10.5% 10.0% 8.3% 8.2% 5.0% 0.0% Debentures Securitisation Bank Loan * Deposits Commerc
Slide 6: Profit & Loss Statement
Profit & Loss Statement ` in Crore Particulars Q2FY19 Q1FY19 Q2FY18 H1FY19 H1FY18 Revenue from Operations 806.79 755.30 677.00 1561.66 1276.86 Other income 4.25 3.38 3.97 7.63 8.19 Total Revenue 811.04 758.68 680.97 1569.29 1285.05 Finance Costs 427.15 394.67 318.15 821.82 606.16 Operating Expenses
Slide 7: Profit Reconciliation
Profit Reconciliation ` in Crore Q2FY18 H1FY18 PAT as per IGAAP 159.98 277.32 Impact -Merger/Demerger * (13.51) (20.44) PAT after Merger/Demerger 146.47 256.88 Impact on transition to Ind AS: EIR on financial assets 4.71 7.01 EIR on Financial liabilities 0.73 0.53 Assets / Liabilities at FVTPL 3.58
Slide 8: Balance Sheet
Balance Sheet ` in Crore Particulars 30-Sep-17 31-Mar-18 30-Sep-18 ASSETS Financial Assets 22052.54 25252.32 28620.29 Non-Financial Assets 566.82 564.05 459.55 Total - ASSETS 22619.36 25816.37 29079.84 LIABILITIES AND EQUITY Financial Liabilities 18733.95 21612.33 24750.41 Non-Financial Liabilities
Slide 9: Key Ratios
Key Ratios Net worth (Rs in Cr.) Book value per share (Rs) Debt Equity CRAR 17.4% 6.0 17.6% 18.0% 4500 385 400 16.0% 17.0% 373 5.0 16.0% 3500 346 350 4.0 15.0% 2500 14.0% 3842 4140 4277 5.7 300 3.0 5.1 13.0% 4.7 1500 12.0% 2.0 500 250 11.0% 30-Sep-2017 31-Mar-2018 30-Sep-2018 1.0 10.0% 30-Sep-2017 3
Slide 10: Portfolio Quality
Portfolio Quality Gross NPA % Net NPA % 3.00% 2.50% 2.01% 2.00% 1.77% 1.79% 1.50% 1.19% 1.29% 1.20% 0.95% 1.00% 0.72% 0.50% 0.00% 31-Mar-2017 30-Sep-2017 31-Mar-2018 30-Sep-2018 Gross & Net NPA corresponds to stage 3 assets, calculated as per Expected Credit Loss model in line with Ind AS.
Slide 11: Branch Network
Branch Network No. of Branches : 644 30-Sep-18 No. of Employees : 3991 68 36 156 384 South North West East
Slide 12: Subsidiary Companies (As per IGAAP)
Subsidiary Companies (As per IGAAP)
Slide 13: Sundaram BNP Paribas Home Finance
Sundaram BNP Paribas Home Finance ` in Crore Particulars H1FY19 H1FY18 2017-18 Disbursements 1241 1143 2626 -Housing 66% 65% 63% -Non-Housing 34% 35% 37% AUM 8761 7907 8358 -Housing 69% 69% 69% -Non-Housing 31% 31% 31% PAT 80.23 82.75 136.38 EPS (₹) *15.85 *16.34 13.47 Net worth 1159.66 1068.54 1122
Slide 14: Royal Sundaram
Royal Sundaram ` in Crore Particulars H1FY19 H1FY18 2017-18 Gross Written Premium 1748 1281 2643 PAT 67 34 83 Net worth 1085 977 1024 Combined Operating Ratio 105.8% 110.7% 108.9% Employees 2046 1881 1955
Slide 15: Sundaram Asset Management
Sundaram Asset Management ₹ in Crore Particulars H1FY19 H1FY18 2017-18 Average AUM 35,545 34,480 35,982 -Equity 21,388 16,443 18,386 -Debt 14,157 18,037 17,596 PAT 7 20 38 Net worth 207 176 210 Employees 338 326 328 Retail Investors 11,61,692 10,65,861 11,22,438
Slide 16: Disclaimer
Disclaimer This document is for information purposes only and is not and does not form part of an invitation/ offer / advertisement / advise to purchase or sell any securities of the Company. The materials and information contained in the document are prepared by the Company and are correct and accu