Iifl Capital Services Ltd · NSE:IIFLCAPS

Iifl Capital Services — IIFL Securities — Q2 FY2020 Earnings Presentation

30 slides from Iifl Capital Services's earnings presentation, Oct 22, 2019

  1. Slide 1: Cover letter to stock exchanges

    11 FL SECURITIES October 22, 2019 The Manager, The Manager, Listing Department, Listing Department, The National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, 5 Floor, Plot C/1, G Block, Phiroze Jeejeebhoy Tower, Bandra - Kurla Complex, Bandra (E), Dalal Street, Mumbai 400 051. Mumbai 4

  2. Slide 2: Press Release: Consolidated results Q2FY20 and H1FY20

    IIFL Securities Limited Press Release For immediate publication Mumbai, India October 22, 2019 IIFL Securities Ltd consolidated financial results for the quarter & half year ended September 30, 2019:  Total Comprehensive Income before exceptional items stood at `38 Cr for the quarter (up 61% q-o-q)

  3. Slide 3: Retail and Institutional broking

    Retail and Institutional broking IIFL Securities is a key player in both retail and institutional segments of the capital market, and in investment banking. We have over 2,500 points of presence across India and provide unparalleled research coverage on 200+ companies. During the quarter, the averag

  4. Slide 4: About IIFL Securities

    About IIFL Securities IIFL Securities Ltd (NSE: IIFLSEC, BSE: 542773) is one of the key capital market players in the Indian financial services space. IIFL Securities primarily offers advisory and broking services, financial products distribution, institutional research and investment banking servic

  5. Slide 5: Corporate Presentation

    Corporate Presentation IIFL Securities Limited October 22, 2019 NSE : IIFLSEC BSE : 542773 indiainfoline.com | iiflcap.com

  6. Slide 6: Table of Contents

    Table of Contents Section Contents Slide reference 1 Financial Highlights 4–5 2 Business Overview 7 – 20 3 Other Updates 22 – 23 4 Appendix 25 – 25 2

  7. Slide 7: Financial Highlights

    Section 1: Financial Highlights 3

  8. Slide 8: Consolidated Results (as per IND AS)

    Consolidated Results (as per IND AS) Quarter ended September 30, 2019 ` Mn Q2FY20 Q1FY20 Q-o-Q Q2FY19 Y-o-Y H1FY20 H1FY19 Y-o-Y FY19 Revenue from Operations 1,736.8 1,641.3 6% 2,308.5 (25%) 3,378.1 4,367.7 (23%) 8,351.3 Other income 111.8 209.0 (47%) 132.0 (15%) 320.8 198.5 62% 404.3 Total income 1,

  9. Slide 9: Financial Trends

    Financial Trends Total Revenue (₹ Mn)* TCI (₹ Mn)* Return on Equity (%)* CAGR: 9% CAGR: 23% 9,472 35% 8,756 29% ^ 1,798 1,721 7,317 ^ 25% 25% 1,491 1,145 3,699 FY17 FY18 FY19 H1FY20 FY17 FY18 FY19 H1FY20 FY17 FY18 FY19 H1FY20 Net Worth (₹ Bn)* EPS (₹)* Dividend Payout Ratio* (%) Book Value Per Share

  10. Slide 10: Business Overview

    Section 2: Business Overview 6

  11. Slide 11: Retail Broking & Financial Products Distribution

    Retail Broking & Financial Products Distribution Institutional Broking Investment Banking 7

  12. Slide 12: Strong Retail Broking Legacy Business

    Strong Retail Broking Legacy Business  Presence in about 2,500 locations covering branches and business partners over 500 cities in India  Business offerings comprise equity, commodities and currency broking, DP services portfolio advisory, distribution of mutual funds, bonds, portfolio management

  13. Slide 13: Customer Segments

    Customer Segments RETAIL RM Serviced Self- Serviced Partner Serviced Mass Primary Millenials, Retail clients Affluent, customer Do-it-yourself in smaller High Value segments clients centres Traders Branch / Internet / Branch / Channels Internet / Mobile Mobile Mobile Customers # ~ 175,000 ~ 400,000

  14. Slide 14: Building Holistic Relationship with Customers through multiple products

    Building Holistic Relationship with Customers through multiple products Assets Under Management (₹ Bn) FPD AUM (₹ Bn) DP Assets Financial Product Dist Rs 83 Bn as at September 30, 2019 263 286 269 178 PMS, 4% AIF, 14% 55 78 83 Others, 27% 19 Loan, 11% 208 208 186 159 MLD, 3% Mutual FY17 FY18 FY19 H1

  15. Slide 15: Retail focus on Insurance and Mutual Funds

    Retail focus on Insurance and Mutual Funds Mutual Fund AUM (₹ Bn) SIP Transactions (Count) SIP AUM as of September 30, 2019 is ₹6.5Bn, up 34% y-o-y 34.4 34.7 33.3 33.7 85,008 88,837 88,547 88,298 89,076 28.8 18.6 40,175 FY17 FY18 FY19 Q2FY19 Q1FY20 Q2FY20 FY17 FY18 FY19 Q2FY19 Q1FY20 Q2FY20 Life Ins

  16. Slide 16: Consistent Customer Activation Supported by Technology

    Consistent Customer Activation Supported by Technology Retail Customers (# in ‘000) 823 823 • The self-serviced segment is 806 787 catered to with a Digital, Mobile 766 766 771 First strategy. Our mobile applications IIFL Markets and IIFL Mutual Funds are widely Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1

  17. Slide 17: Mobile First approach to retail customers

    Mobile First approach to retail customers Technology has been the cornerstone for IIFL’s strong presence in the broking industry  Our technology based platforms play a key role in facilitating business from self-serviced and partner serviced segments  Significant investment has been made in the AA

  18. Slide 18: Institutional Broking

    Retail Broking & Financial Products Distribution Institutional Broking Investment Banking 14

  19. Slide 19: Pedigreed Institutional Broking Franchise

    Pedigreed Institutional Broking Franchise  Among the top franchises on the street, 75 member team with offices in Mumbai, New York and London  600+ institutional (domestic and foreign) clients  Wide customer base covering sovereign wealth funds, foreign portfolio investors, mutual funds, insuranc

  20. Slide 20: Strong Research Capabilities

    Strong Research Capabilities Comprehensive Research Coverage across Sectors Sector-wise break up of stocks under coverage Market Cap^ break up of stocks under coverage Agriculture IIFL Research Auto Market Cap bracket Banking & Fin Universe Building Material Capital Goods Above US$ 10 bn 38 20 7 12

  21. Slide 21: Turnover and Market Share – Retail & Institutional Broking

    Turnover and Market Share – Retail & Institutional Broking IIFL Average Daily Turnover – Cash (₹ Bn)* IIFL Average Daily Turnover – Total (₹ Bn)* Annual Quarterly Annual Quarterly 12.59 209.95 191.61 11.54 11.55 177.09 165.89 170.15 169.34 11.27 11.21 11.40 163.04 11.17 139.88 10.78 FY18 FY19 Q1FY19

  22. Slide 22: Investment Banking

    Retail Broking & Financial Products Distribution Institutional Broking Investment Banking 18

  23. Slide 23: Leading Investment Bank in India

    Leading Investment Bank in India  Rapidly growing franchise – ranked #1* in the league tables in #1 FY18 and FY19 in equity raising for private sector corporates  Strong pipeline and product diversity with presence in ECM, Private Equity and DCM IIFL ranks #1 Investment Banker  Advising a large n

  24. Slide 24: Select Marquee Deals

    Select Marquee Deals Completed Transactions in FY19 and H1FY20 LoanTap Sterling and Wilson Spandana Sphoorty Polycab India Indian Energy Exchange Rs.800Mn Rs.28,809Mn Rs.12,009Mn Rs.13,453Mn Rs.690Mn Private Equity IPO IPO IPO Buyback Sep 2019 Aug 2019 Aug 2019 Apr 2019 Apr 2019 Aarti Industries Emb

  25. Slide 25: Other Updates

    Section 3: Other Updates ©) SECURITIES 21

  26. Slide 26: High-quality Portfolio of Commercial Properties

    High-quality Portfolio of Commercial Properties  Historically strategic offices acquired by IIFL, leased primarily to Group companies  Well-spread portfolio of commercial office space and shops  Self-occupied building area of 412,000 sq. ft.  Commercial office space and shop area of over 222,000

  27. Slide 27: Awards & Recognitions

    Awards & Recognitions ‘Going The Extra Mile’ (for special ‘Best Use of Digital “Leadership in Customer Service initiatives & innovative approach Media/Platform in the share in Financial Services Sector” adopted towards improving the trading category’ Award penetration of the commodity derivatives ma

  28. Slide 28: Appendix

    FL <9 SECURITIES Appendix 24

  29. Slide 29: Corporate Structure IIFL Securities Limited

    Corporate Structure IIFL Securities Limited • Retail & Institutional Broking Member NSE, BSE, MCX, NCDEX, CDSL, Promoters : 29.4% • Investment Banking NSDL Shareholding : Fairfax : 35.4% • Financial Products Others : 34.2% Distribution Regulated by SEBI, PFRDA Major Subsidiaries IIFL Capital Inc. In

  30. Slide 30: Thank You

    Thank You Published in October 2019 IIFL Securities Limited. This report is for information purposes only and does not construe to be any investment, legal or taxation advice. It is not intended as an offer or solicitation for the purchase and sale of any financial instrument. Any action taken by yo

IIFL Securities — Q2 FY2020 Earnings Presentation on 6ix