Cholamandalam Investment And Finance Co. Ltd. · NSE:CHOLAFIN
Cholamandalam Investment And Finance — Shareholder Meeting (July 2017)
17 slides from Cholamandalam Investment And Finance's shareholder meeting presentation, Jul 27, 2017
Slide 1: Cholamandalam Investment and Finance Company Limited 39th Annual General Meeting
Cholamandalam Investment and Finance Company Limited 39th Annual A l General G l Meeting M i 27 th July 2017 1
Slide 2: Key Highlights FY17
Key Highlights FY17 Disbursements • From Rs. 16,380 Cr. to Rs. 18,591 Cr. a growth of 13% YoY. PBT • From Rs. 870.77Cr. to Rs. 1105.58 Cr. a growth of 27% YoY. AUM • From Rs. 29,650 Cr. to Rs. 34,167 Cr. a growth of 15% YoY. • Additional GNPA recognition at 3 months overdues ahead of NPA recognition
Slide 3: Corporate Overview
Corporate Overview Business Segments Overview Portfolio Breakup AUM * (₹ Cr.) FY14 FY15 FY16 FY17 YoY Growth Vehicle Finance Vehicle Finance On Book 14,179 14,922 17,914 20,271 13% OLDER TRACTOR, 9% CE, 3% VEHICLES, 13% HCV, 17% Assigned 2,886 2,717 2,186 3,360 54% Managed Assets 17,064 17,639 20,10
Slide 4: Strong Geographical Presence
Strong Geographical Presence Jammu & Kashmir (2) Branch Network 703 Himachal 529 534 534 203 Punjab (26) Pradesh (5) 153 167 94 199 Harayana Uttarakhand (9) 164 153 180 (16) Delhi (11) 144 162 123 102 68 53 83 103 32 32 49 36 Rajasthan (55) UP (44) A Assam (14) FY14 * FY15 FY16 FY17 Bihar (24) A B C
Slide 5: Chola - Financial Summary
Chola - Financial Summary Disbursements Assets Under Management (₹ Cr.) (₹ Cr.) 18 591 18,591 16,380 1,064 521 34,167 13,114 12,808 3,056 29,650 176 402 3,476 23,253 25,452 6263 2,810 4164 3,043 3548 4087 10,128 9,363 12,383 14,471 19166 21904 25486 27904 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 VF H
Slide 6: Chola - Financial Summary (Cont'd)
Chola - Financial Summary (Cont’d) (Cont d) Net Income Margin (A) Expense Ratio (B) (Operating Income ‐ Finance Charges) 8.7% 8.6% 3.4% 3.6% 7.9% 3.4% 3.4% 7.7% FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 Losses and Provisions (C) ROTA (PBT) (D) = (A) ‐ (B) ‐ (C) 1.8% 1 7% 1.7% 3.9% 1.5% 3.6% 2.8% 3.0%
Slide 7: Vehicle Finance - Financial Summary
Vehicle Finance - Financial Summary Disbursements Assets Under Management (₹ Cr.) (₹ Cr.) 23,631 20,100 3360 17,064 17,639 2186 14,471 12,383 2886 2717 10,128 9,363 14179 14922 17914 20271 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 On Book Assigned Income Profit Before Tax (₹ Cr.) (₹ Cr.) 682 3,609 3,1
Slide 8: Home Equity - Financial Summary
Home Equity - Financial Summary Disbursements Assets Under Management (₹ Cr.) (₹ Cr.) 9,593 3,476 8,852 3,043 3,056 7,280 2904 2,810 5,860 1978 12016 1202 4659 6449 6873 6689 FY14 FY15 FY16 FY17 On Book Assigned FY14 FY15 FY16 FY17 Income Profit Before Tax (₹ Cr.) (₹ Cr.) 1,217 1,124 261 240 941 207
Slide 9: Standalone Financials
Standalone Financials Rs in Cr Profit & Loss Account Mar-17 Mar-16 Growth% Income 4 660 4,660 4 194 4,194 11 1% 11.1% Finance Costs (2,231) (2,051) 8.8% Operating Expenses & Losses (1,324) (1,272) 4.1% Profit Before Tax 1 106 1,106 871 27 0% 27.0% Taxes (387) (302) 28.0% Profit After Tax 719 568 26.
Slide 10: Key Highlights - Shareholders
Key Highlights - Shareholders Earnings Per Share Book Value Per Share ₹ ₹ 275.97 46.01 234.23 37.50 203.48 30.09 160.26 25.43 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 Market Price Per Share Market Capitalization ₹ (₹ Cr.) 964.45 15,072 713.45 587.60 11,140 8,442 288.10 4,125 FY14 FY15 FY16 FY17 FY14
Slide 11: Peer Comparison - Disbursements
Peer Comparison - Disbursements CIFCL STFC (₹ Cr.) (₹ Cr.) 13,114 12,808 16,380 18,591 28,434 33,694 42,694 31,659 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 SFL Mahindra Finance (₹ Cr.) (₹ Cr.) 9,606 10,012 11,444 13,196 25,400 24,322 26,706 31,659 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 11
Slide 12: Peer Comparison - Managed Assets
Peer Comparison - Managed Assets CIFCL STFC (₹ Cr.) (₹ Cr.) 77,348 34,468 70,518 30,316 60,580 63,142 24,346 26,013 24346 26013 30316 34468 60580 63142 70518 77348 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 SFL Mahindra Finance (₹ Cr.) (₹ Cr.) 23,431 45,488 19,818 20,557 20,196 40,624 33,225 35,456 198
Slide 13: Peer Comparison - Profit Before Tax
Peer Comparison - Profit Before Tax CIFCL STFC (₹ Cr.) (₹ Cr.) 1,106 1,828 1,842 1,924 871 1,781 657 550 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 SFL Mahindra Finance (₹ Cr.) (₹ Cr.) 720 1,346 683 1,254 647 651 1,038 620 FY14 FY15 FY15 FY17 FY14 FY15 FY16 FY17 13
Slide 14: Key Highlights - Shareholders: Share Price Growth
Key Highlights - Shareholders Chola Finance ‐ Share Price Growth 90% 1,118.95 , 30‐Jun‐2017 713.45 , 31‐Mar‐16, 65% 40% 15% ‐10% ‐35% Mar‐16 Jun‐16 Sep‐16 Dec‐16 Mar‐17 Jun‐17 Chola Finance Sensex 14
Slide 15: Financial Results Q1 FY18
Financial Results QQ1 FY17 15
Slide 16: Q1 Financial Results
Q1 Financial Results Particulars Q1 FY18 Q1 FY17 Growth Disbursements in Cr. 4,852.98 , 4,560.78 , 6.4% Profit Before Tax in Cr. 318.13 253.70 25.4% Profit After Tax in Cr. 206.58 165.73 24.6% ROTA-PBT / Avg Assets - % 4.4% 3.8% 15.2% Capital Adequacy Ratio - % 19.4% 18.7% Investor Related Ratios: E
Slide 17: Thank You
Thank You Reach me at vellayan@chola.murugappa.com 17
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