Baid Finserv Limited · NSE:BAIDFIN
Baid Finserv — Investor Presentation (June 2023)
31 slides from Baid Finserv's investor presentation, Jun 30, 2023
Slide 1: We are Experienced - biggest attribute to get Trusted
We are Experienced - biggest attribute to get Trusted
Slide 2: Table of Contents
Table of Contents Quarterly Company Key Enablers in 1 Updates 2 Overview 3 Place Assets and Operating & 4 Liabilities 5 Financial Metrics 2
Slide 3: Quarterly Updates
= Quarterly YY Updates
Slide 4: Key Highlights for Q1FY24
Key Highlights for Q1FY24 AUM Fresh Disbursement Total Income PAT Financials Rs 314.40 Cr Rs 39.19 Cr Rs 18.30 Cr Rs 5.61 Cr 13% YoY 51.14% YoY 33% YoY 131% YoY 4.5% QoQ 22.81% QoQ 21% QoQ 110% QoQ Collection Efficiency GNPA NNPA NIM Asset Quality 93.89% 2.74% 0.57% 10.15% CAR ICR Borrowings Cost of
Slide 5: Key Business Updates
Key Business Updates Recommended Final dividend of Rs. 0.10 per Equity Share for FY23 subject to the declaration of the same by the members in the ensuing AGM Issuance of Non-Convertible Debentures on a private placement basis, in one or more tranches up to an amount of Rs. 250 Cr from time to t
Slide 6: Quarterly Profit & Loss
Quarterly Profit & Loss Income Statement (₹ Cr) Q1FY24 Q1FY23 YoY Q4FY23 QoQ FY23 Interest Income 15.36 12.59 22% 12.23 26% 51.27 Other Income 2.94 1.17 151% 2.88 2% 4.48 Total Income 18.30 13.76 33% 15.11 21% 55.74 Interest Expenses 5.29 4.27 24% 4.03 31% 17.67 Net Total Income 13.02 9.49 37% 11.09
Slide 7: Company Overview
Company Overview 7
Slide 8: Baid Finserv – Financing the Underserved
Baid Finserv – Financing the Underserved Valuing Aspirations and Dreams more than Documentation Incorporated in 1991, Baid Finserv is a non-deposit taking NBFC that offers Asset backed financing The Company is deeply penetrated in the semi urban and rural areas in Rajasthan and recently forayed
Slide 9: Strategically Present in Underbanked Areas of Semi Urban and Rural
Strategically Present in Underbanked Areas of Semi Urban and Rural Rajasthan Well penetrated in East Rajasthan with presence across 25 districts via 32 branch offices Gujarat & Maharashtra Planning to enter in Q3FY24 Branch Office Madhya Pradesh Recently forayed into West Madhya Pradesh in 8 distric
Slide 10: Over 3 Decades of Delivering Dreams
Over 3 Decades of Delivering Dreams Target 2025 AUM in 2023 Rs 500 Core AUM in 2016 Rs 305 Core Rs 100 Core AUM in 2003 Company’s Vision is 2022: Name Changed to Rs 15 Core reflect new corporate to Achieve AUM of Rs 600 crore through 2015: Started LAP/MSME vision key enablers already 1991: Incorpora
Slide 11: Key Growth Drivers
Key Growth Drivers To introduce new products and services catering to existing and new customer Product segments such as Affordable Housing Loans (Co-lending) and Electric Vehicle Financing Recently expanded into Madhya Pradesh with 8 districts and planning to enter Market Gujarat & Maharashtra in Q
Slide 12: Key Enablers in Place
ae \ea Key Enablers in Place
Slide 13: Robust Credit Origination and Validation Process
Robust Credit Origination and Validation Process … Vehicle Loan MSME / Mortgage Loan Field Executive Visits Investigation with Validation of to Customer Neighbors / KYC of Lead and Lead Generation Lead by Field Lead Generation Location for Residence / Office CIBIL Check collection of etc. after whic
Slide 14: Strong Escalation Matrix for Collection Process
… with Strong Escalation Matrix for Collection Process Collection Relationship Branch Credit Collection Collection Collection SMS Calls Executive Manager Manager Executive Manager Head 0 - 30 Days ✔ ✔ ✔ ⚠ ⚠ ⚠ ⚠ ⚠ 31 – 60 Days ✔ ✔ ✔ ✔ ⚠ ✔ ✔ ✔ 61 – 90 Days ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ 91 – 150 Days ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔
Slide 15: Digital Prowess to Oversee Every Aspect of the Business
Digital Prowess to Oversee Every Aspect of the Business Risk Management Digital Payment Mode Collections Vehicle Valuation: Real time Collect-ON: This application helps getting triggering Valuation through Auto real time collection receipt by printer to Swift App to external vendor and NACH: Activ
Slide 16: Human Capital – Well Trained and Motivated Work Force
Human Capital – Well Trained and Motivated Work Force Training and Development Total Workforce (Nos.) 178 161 161 Induction Program for New Joinees 155 Software Training including Jaguar and ESS FY20 FY21 FY22 FY23 Videos for E-Learning of Processes, Policies and Total Fieldforce (Nos.) Procedures 1
Slide 17: Dynamic Young Management led by an Experienced Pioneer
Dynamic Young Management led by an Experienced Pioneer He is the founder of Baid Leasing and Finance Co. Ltd. and a first-generation entrepreneur bearing more Panna Lal Baid than 50 years expertise in diversified sectors and more particularly into core finance sector. He created the Chairman and str
Slide 18: Assets and Liabilities
Assets and — Liabilities | INSURANCE [i —
Slide 19: Robust Growth in AUM to Rs 305 Crore in FY23
Robust Growth in AUM to Rs 305 Crore in FY23 MSME / Mortgage Loans: ~93% of AUM Vehicle Loans: ~7% Of AUM Categories: Self Employed, Vendors, Small Shop Owners, Dairy Categories: Tractor, Commercial Vehicle, Personal Vehicle Operators Purpose: Transportation, Commercial & Personal Use. Purpose: Work
Slide 20: Demonstrated Strong Collection Efficiency
Demonstrated Strong Collection Efficiency ~90% of the Book is On-Time, underscoring our collection efficiency. GNPA at 2.91% and NNPA at 0.64% as of 31-Mar-23 Collection Efficiency (%) AUM Bucket (Rs Cr) 95.2% 93.2% 180 Days 91-180 Days 88.9% 88.4% 61-90 Days 262 237 222 31-60 Days 207 1-30 Days FY2
Slide 21: Well Diversified Lender Profile with 14 Active Lenders
Well Diversified Lender Profile with 14 Active Lenders NBFCs Lender Mix 10% 4% NBFCs 44% PSU Banks 42% SFB PSU Banks SFB Strong Relationship Across Multiple Lenders for over 3 Decades 21
Slide 22: Strong Financial Position with Disciplined Borrowing Profile
Strong Financial Position with Disciplined Borrowing Profile Disciplined Borrowing Profile with Average Cost of Borrowing reducing year-on-year BBB Total Borrowings and Cost of Borrowing Borrowing Mix (%) 13.4% 12.9% 12.5% 4% 11.9% 189 Rs 171 Cr 164 171 160 96% FY20 FY21 FY22 FY23 Total Borrowings (
Slide 23: Operating Metrics
Operating Metrics 23
Slide 24: Robust Financial Position – Launchpad for Growth
Robust Financial Position – Launchpad for Growth Financial Information (Rs Cr) FY20 FY21 FY22 FY23 Net-worth 130.02 137.57 145.83 155.01 Total Borrowings 188.60 163.90 159.77 170.72 Total Assets 340.55 316.49 317.84 341.11 Total AUM 267.95 249.05 270.03 304.98 Total Income 62.79 54.11 50.05 55.73 Pr
Slide 25: Financial and Operating Metrics (1/3)
Financial and Operating Metrics (1/3) Total AUM and Average Lending Rate Total Borrowings and Average Cost of Borrowings 24.3% 23.8% 13.4% 12.9% 12.5% 22.5% 22.4% 305 189 11.9% 268 249 270 164 171 160 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Total AUM (Rs Cr) Avg. Lending Rate (%) Total Borrowings (R
Slide 26: Financial and Operating Metrics (2/3)
Financial and Operating Metrics (2/3) Gross and Net Non-Performing Assets Capital Adequacy Ratio (%) 3.4% 3.5% 3.3% 2.9% 1.9% 1.6% 1.0% 0.6% 51.0% 50.7% 47.4% 41.4% FY20 FY21 FY22 FY23 GNPA (%) NNPA (%) FY20 FY21 FY22 FY23 TOL / TNW Ratio AUM/Net-worth and AUM/Secured borrowing 2.06 1.62 1.97 1.81 1
Slide 27: Financial and Operating Metrics (3/3)
Financial and Operating Metrics (3/3) Income to Cost Ratio (x) Return on Assets (%) 1.81 3.2% 1.63 2.8% 1.34 1.44 2.3% 2.3% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Return on Capital Employed (%) Return on Equity (%) 13.0% 11.4% 6.7% 5.9% 6.0% 10.4% 5.4% 9.7% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 2
Slide 28: Annual - Profit & Loss
Annual - Profit & Loss Income Statement (₹ Cr) FY20 FY21 FY22 FY23 Interest Income 62.04 53.30 49.59 51.27 Other Income 0.74 0.81 0.43 4.48 Total Income 62.78 54.11 50.03 55.74 Interest Expenses 31.04 24.06 19.60 17.67 Net Total Income 31.74 30.05 30.43 38.07 Employee Cost 5.92 5.45 4.84 5.47 Other
Slide 29: Annual – Balance Sheet
Annual – Balance Sheet Assets (Rs Cr) Mar-22 Mar-23 Liabilities (Rs Cr) Mar-22 Mar-23 Financial Assets Financial liabilities Cash and Bank Balance 15.79 17.83 Trade payables 1.90 0.66 Loans 271.11 299.45 Borrowings 159.77 170.72 Investments 8.58 6.28 Other financial liabilities 6.60 10.66 Other Fina
Slide 30: Capital Market Information
Capital Market Information 1 year Stock Performance (Price-Volume) 50 4000 Thousands 45 Trading Volume (in 000) Close Price 3500 40 3000 35 30 2500 25 2000 20 1500 15 1000 10 5 500 0 0 Dec-22 Jun-23 Jan-23 Nov-22 May-23 Jul-23 Aug-22 Feb-23 Mar-23 Sep-22 Oct-22 Apr-23 NSE / BSE code BAIDFIN | 511724
Slide 31: Let’s Connect
Let’s Connect Investor Relations Mr. Aman Baid, Whole-Time Director Ms Pooja Sharma / Ms Ankita Gupta Baid Finserv Ltd. Stellar IR Advisors Pvt. Ltd. Phone: +91 9214018855 Phone: +91 22 62398024 pooja.sharma@stellar-ir.com Email: cs@baidgroup.in ankita@stellar-ir.com 31