Aditya Birla Capital Ltd. · NSE:ABCAPITAL

Aditya Birla Capital — Q1 FY2018 Earnings Presentation

27 slides from Aditya Birla Capital's earnings presentation, 2017

Slide 1: A leading financial services conglomerate
A leading financial services conglomerate 1 1
Slide 2: Contents, notes and glossary
Key Highlights 3–5 Business-wise Performance 6 – 15 Financials and other Annexures 16 – 27 Note 1 : The financials of Aditya Birla Capital Limited are consolidated financials prepared as per Indian GAAP unless otherwise specified Note 2 : The financial figures in this presentation have been rounded
Slide 3: Group structure and shareholding
Promoter Public PI Opportunities Group Investors Fund – 1 16.77% 55.99% 25.04% 2.20% Aditya Birla Capital Limited (Formerly Aditya Birla Financial Services Limited) 51% 51% 100% 100% 50.002% 100% Listed 93.7% 51% 75% Birla Sun Life Aditya Birla Aditya Birla Aditya Birla PE Aditya Birla Aditya Birla
Slide 4: Q1 FY18 key financials: revenue, EBT, lending book, AUM
(` Crore) Revenue 1 Earnings Before Tax 1 2,698 359 277 2,301 Q1FY17 Q1FY18 Q1FY17 Q1FY18 Lending Book Asset Under Management 2 (incl. Housing Finance) 41,066 261,306 196,209 28,700 Q1FY17 Q1FY18 Q1FY17 Q1FY18 1 Aditya Birla Nuvo Limited transferred its 51% stake in Birla Sun Life Insurance to ABCL
Slide 5: Revenue and EBT by business
Revenue EBT (` Crore) Remarks Q1 FY17 Q1FY18 ∆% Q1 FY17 Q1 FY18 ∆% 795 1,027 29% NBFC 189 258 37% Higher lending book (38%↑ y-o-y) New business growth, cost optimization 1,175 1,149 2% Life Insurance1 13 29 119% and improvement in quality metrics 204 271 32% Asset Management 93 104 11% Growth in AUM
Slide 7: NBFC: Net worth crosses ₹5,100 Cr.
Ranks among top 5 private diversified NBFCs1, in terms of loan book Lending Book (₹ Crore) Consistent growth across diversified portfolio 36,250 Registered a y-o-y growth of 38% in book size 26,267 Portfolio quality continues to be strong led by robust credit appraisal and risk management framework
Slide 8: NBFC loan book mix
Mid Corporate Project Loan 1% 16% Cons Fin 4% Structured Finance 5% TL / WCDL 6% TL / WCDL 17% Digital & Unsecured 2% LAP Retail 4% 7% LAS 1% Structured Finance 8% Broker 1% Large Corporate Loan Book Mix 40% ` 36,250 Cr. (Jun ’17) LAP 7% LRD 6% SME Project Loan 25% 15% Supply Chain 3% TL / WCDL 8% L
Slide 9: Housing finance: loan book doubled y-o-y
Loan book doubled y-o-y to ` 4,816 Cr. (PY: ` 2,432 Cr.) Lending Book (₹ Crore) A geographically well diversified & healthy portfolio 4,816 Gross NPA at 0.42% Focus on optimal Product-Sourcing-Customer mix to attain profitable scale 2,432 Average yield at 10.2% & NIM at 3.1% given the balanced loan
Slide 10: Asset management: Domestic Equity AAUM growth
4th largest in India with AAUM market share at 10.5% (PY: 10.4%) Ranks #4 in Equity AAUM with enhanced market share at 8.9% (PY: 7.8%) Growth in AAUM Strong focus on expanding retail & high margin assets Domestic Domestic Equity Fixed Income Offshore & Alternate assets Domestic Equity AAUM rose to `
Slide 11: Life insurance: individual first year premium growth
Ranks # 5 in India with new business1 market share at 7.1% (` Crore) During Q1 FY18, Individual First year premium grew y-o-y by Gross Q1FY17 Q1FY18 ∆% 28% to ` 170 Cr. led by growth across channels Premium First Year 454 421 7% ↓ Augmenting distribution strength for balanced channel mix - Individua
Slide 12: Health insurance: Buy & Engage with Health First
Health insurance business with unique offerings including Chronic Care and Incentivized Wellness Move from “Buy & Forget” to “Buy & Engage” with philosophy of Health First In Q1 FY18, Gross Premium written at ` 62 Cr and covering 4.2 lacs lives as on date Multi channel distribution model activated A
Slide 13: Private equity advisors and insurance brokers
Aditya Birla PE Advisors Pvt. Ltd. Managing two funds with AUM at ` 1,179 Cr. (gross) and ` 727 Cr. (net after distributions) Sector agnostic growth Funds, invested in 18 companies Commenced Exits across both funds: 6 full exits and 5 partial exits. The Multiple of Cost (MOC) ranges are: MOC over 3x
Slide 14: Aditya Birla Money and MyUniverse
Aditya Birla Money Ltd. Quarterly revenue grew from ` 27 Cr. to ` 34 Cr. (23%↑ y-o-y) Earning before tax increased year on year to ` 2 Cr. from loss of ` 1.3 Cr in Q1 FY17 Technology Driven Advisory Platform gaining traction Aadhar based end-to-end e-KYC platform Advanced web trading platform Launch
Slide 15: Strategic priorities: branding, digital, cross sell, inorganic growth
Branding Digital • Leverage digital assets to • Unified brand – Aditya Birla drive customer acquisition Capital and improve experience Customer Cross Sell • Analytics capability • Unified experience • Cross sell & upsell Distributor Employee • Building leadership pipeline • Common distributor progra
Slide 17: Revenue by segment
(` Crore) Revenue Quarter 1 2016-17 2017-18 (PY) (CY) Life Insurance - 1,149 NBFC (Incl. Housing Finance) 855 1,146 Asset Management 204 271 General Insurance Advisory 38 47 Broking 27 34 Health Insurance 0 63 Other Financial Services* 6 16 Inter-segment Elimination (3) (27) Consolidated Revenue (Re
Slide 18: EBIT by segment
(` Crore) EBIT Quarter 1 2016-17 2017-18 (PY) (CY) Life Insurance - 29 NBFC (Incl. Housing Finance) 173 264 Asset Management 86 95 General Insurance Advisory 17 18 Broking (1) 0 Health Insurance (6) (33) Other Financial Services* (15) (6) Segment EBIT (Reported)1 254 367 Add: - Life Insurance 13 EBI
Slide 19: Consolidated profit and loss account
(` Crore) Quarter 1 Quarter 1 Consolidated (Like to Like) Profit & Loss Account 2016-17 2017-18 2016-17 (PY) (CY) (PY) # Revenue 1,128 2,698 2,301 EBITDA 819 1,054 839 Less : NBFC Interest expenses 545 661 545 Less : Other Interest Expenses 2 11 2 EBDT 272 383 292 Less : Depreciation 8 24 15 Earning
Slide 21: NBFC: borrowings, key ratios and spread analysis
Optimising borrowings cost and ALM profile Key Ratios# Q1FY17 Q1FY18 Long term debt accounts for ~70% of total debt Capital Adequacy Ratio 16.3% 17.6% Long term / Short term credit rating at AA+ / A1+ - Out of which Tier I 13.8% 13.8% Perpetual debt credit rating at AA Average Borrowing Cost (%) 9.1
Slide 22: Housing finance: branch expansion and key ratios
Focus on increasing geographical presence Quarter 1 Targeting to add 15 new branches to reach to 36 markets ` Crore 2016-17 2017-18 (through 55 branches) by Mar ‘18 from current 34 markets (PY) (CY) (though 41 branches in 16 states) Revenue 60 119 Segment-wise Loan book (EOP) Jun'16 Mar'17 Jun'17 Ea
Slide 23: Life insurance financials
Industry Quarter 1 In Q1, industry’s total new business premium1 grew by 11% while ` Crore 2016-17 2017-18 private sector grew by 26%. In individual life segment, industry (PY) (CY) grew by 29% while private sector grew by 46%. First Year Premium (Gross) 454 421 Birla Sun Life Insurance Individual 1
Slide 24: Asset management AAUM and financials
Industry BSLAMC - Average AUM AAUM at an all time high of ` 19.5 trillion (35%↑ y-o-y) ` Crore Q1 FY17 Q4FY17 Q1FY18 Equity AUM rose by 50% to ` 6.7 trillion contributing to (PY) (PQ) (CY) Domestic Equity 34,969 49,914 59,891 44% of industry’s AUM growth in past one year Domestic Fixed Income 114,12
Slide 25: Insurance brokers, broking and PE advisors
> Aditya Birla Insurance Brokers Ltd. (General insurance advisory) In Q1, premium placement increased y-o-y by 46% from ` 630 Cr. to ` 916 Cr. Quarterly revenue at ` 47 Cr. (24%↑ y-o-y) and EBT at ` 19 Cr. > Aditya Birla Money (Broking and Online Money Management ) Broking: Focus on growing online v
Slide 26: Contact Us
Contact Us Aditya Birla Capital Limited CIN: U67120GJ2007PLC058890 Regd. Office: Indian Rayon Compound, Veraval – 362 266, Gujrat Corporate Office: One Indiabulls Centre, Tower 1, Jupiter Mills Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400 013 Website: www.adityabirlacapital.com
Slide 27: Disclaimer
The information contained in this presentation is provided by Aditya Birla Capital Limited (“ABCL or the Company”), formerly known as Aditya Birla Financial Services Limited, to you solely for your reference. This document is being given solely for your information and for your use and may not be re

Aditya Birla Capital — Q1 FY2018 Earnings Presentation on 6ix

Aditya Birla Capital — Q1 FY2018 Earnings Presentation

Slide 1: A leading financial services conglomerate

Slide 2: Contents, notes and glossary

Slide 3: Group structure and shareholding

Slide 4: Q1 FY18 key financials: revenue, EBT, lending book, AUM

Slide 5: Revenue and EBT by business

Slide 6: Performance highlights : Q1 FY 2017-18

Slide 7: NBFC: Net worth crosses ₹5,100 Cr.

Slide 8: NBFC loan book mix

Slide 9: Housing finance: loan book doubled y-o-y

Slide 10: Asset management: Domestic Equity AAUM growth

Slide 11: Life insurance: individual first year premium growth

Slide 12: Health insurance: Buy & Engage with Health First

Slide 13: Private equity advisors and insurance brokers

Slide 14: Aditya Birla Money and MyUniverse

Slide 15: Strategic priorities: branding, digital, cross sell, inorganic growth

Slide 16: Financials and other Annexures

Slide 17: Revenue by segment

Slide 18: EBIT by segment

Slide 19: Consolidated profit and loss account

Slide 20: Aditya Birla Capital

Slide 21: NBFC: borrowings, key ratios and spread analysis

Slide 22: Housing finance: branch expansion and key ratios

Slide 23: Life insurance financials

Slide 24: Asset management AAUM and financials

Slide 25: Insurance brokers, broking and PE advisors

Slide 26: Contact Us

Slide 27: Disclaimer