Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — IIFL Securities — Q2 FY2024 Earnings Presentation
21 slides from Iifl Capital Services's earnings presentation, Oct 17, 2023
Slide 1: Cover letter to stock exchanges
October 17, 2023 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. Tel no.
Slide 2: Investor Presentation for the quarter ended September 30, 2023
Investor Presentation For the quarter ended September 30, 2023 IIFL Securities Limited Oct 17, 2023 NSE: IIFLSEC | BSE: 542773
Slide 3: Table of Contents
Table of Contents Slide Section Contents reference Key Highlights & Business Performance 3 - 10 Financial Performance 11 - 13 Strategy, Governance & Others 14 - 19 2
Slide 4: Key Highlights & Business Performance
Section KEY 01 HIGHLIGHTS & BUSINESS c PERFORMANCE 3
Slide 5: Rapidly growing financial power house (Q2FY24)
Rapidly growing financial power house (Q2FY24) ₹1,698 billion ₹86 billion ₹2,500 billion Assets under Mutual Fund Average daily management & Assets under turnover Custody management 4.4 Rating ₹8.95 billion 17 transactions Gross Margin Completed Highest Rated Trading Facility Investment Banking Inve
Slide 6: Legacy business in retail broking and distribution
Legacy business in retail broking and distribution o Legacy of over two decades in retail broking and financial product distribution. o Business offerings comprise equity, commodities and currency broking, Demat services, portfolio advisory and distribution of investment products Asset Under Managem
Slide 7: Focus on profitable customer acquisition
Focus on profitable customer acquisition Customer Acquisition (‘000) In line with the management 223 strategy of focusing 201 209 on the affluent 163 152 segment 150 110 100 92 81 49 57 43 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Average Daily Turnov
Slide 8: One stop shop for financial products
One stop shop for financial products Product offerings Mutual AIFs PMS IPO Insurance FDs Bonds NPS Loans Funds Life General Health Open architecture model in distribution. MF and Insurance are retail focus products with good long term growth prospects. Insurance premiums amounted to ₹974 Milli
Slide 9: Retail focus on insurance and mutual funds
Retail focus on insurance and mutual funds Mutual Fund AUM (₹ Billion) SIP Transactions (Count) (‘000) 85.9 152 160 71.3 73.7 148 150 68.5 51.5 89 90 91 34.4 28.3 FY19 FY20 FY21 FY22 FY23 H1 H1 FY19 FY20 FY21 FY22 FY23 H1 H1 FY23 FY24 FY23 FY24 Life Insurance Premium (₹ Million) Non-life Insurance P
Slide 10: Strong Research Capabilities
Strong Research Capabilities Sector-wise break up of stocks under coverage Market Cap break up of stocks under coverage Agriculture IIFL Auto Market Cap Research Banking & Fin bracket Universe Building Material Capital Goods Above US$ 10 Billion 59 Cement Between US$ 5 Billion and US$ 10 Chemicals 4
Slide 11: Leading investment bank in India
Leading investment bank in India Investment Banking Revenues (₹ Million) Completed 17 transactions in the last quarter and 26 in the half year across capital markets and private equity 1,504 Includes 6 IPOs, 2 QIPs, 2 OFS, 1 buyback 1,287 and a number of private placements / 930 private equity t
Slide 12: Financial Performance
Section 02 Financial Performance 11
Slide 13: Consolidated results
Consolidated results Quarter ended September 30, 2023 ₹ Mn Q2FY24 Q1FY24 Q-o-Q Q2FY23 Y-o-Y H1FY24 H1FY23 Y-o-Y Revenue from Operations 5,070 4,091 24% 3,166 60% 9,161 6,082 51% Other income 267 19 1299% 68 293% 286 100 185% Total income 5,337 4,110 30% 3,234 65% 9,447 6,182 53% Employee cost 1,267
Slide 14: Financial trends
Financial trends Total Revenue (₹ Million) Profit after tax (TCI) (₹ Million) Return on Equity (%) 13,704 13,166 3,057 ^ ^ 2,480 29% 29% 8,756 9,447 2,321 2,210 25% 8,678 24% 24% 7,900 1,721 1,814 20% 6,182 974 FY19 FY20 FY21 FY22 FY23 H1 H1 FY19 FY20 FY21 FY22 FY23 H1 H1 FY19 FY20 FY21 FY22 FY23 H1
Slide 15: Strategy, Governance & Others
Section 03 Strategy, Governance & Others 14
Slide 16: Serving full spectrum of customers across affluent individuals, institutions and corporates
Serving full spectrum of customers spread across affluent individuals, institutions and corporates Affluent Investment High Volume Institutional Investment Management Traders Equities Banking Customer centric goal- Serves high volume Strong research Well positioned in the based offering targeting tr
Slide 17: Update on Scheme of Arrangement between IIFL Securities and 5paisa Capital
Update on Scheme of Arrangement between IIFL Securities and 5paisa Capital The Board of Directors of the Company and 5paisa Capital Ltd. at its meeting held on 6th December, 2022 had approved the transfer of IIFL Securities’ Online Retail Trading Business to 5paisa Capital through a Scheme of Arrang
Slide 18: ESG
Commitment towards ESG Focus Areas • Women employees form 21% of total workforce EMPLOYEE • Counselling and physical health support for employees to promote their mental and physical wellbeing • Introduced "Librarywala," a reading initiative for employees to encourage reading • Product training sess
Slide 19: Led by an independent and illustrious board
Led by an independent and illustrious board R Venkataraman, Chairman and Viswanathan Krishnan, Independent Managing Director Director Co-founder of IIFL 30+ years of diverse experience with L&T, MCX, SHCIL, Barclays, Previous experience with ICICI Deutche Bank Bank, Barclays, GE Capital MBA
Slide 20: Corporate Social Responsibility
Corporate Social Responsibility Smart Shaala - A project on education in 5 Aspirational District IIFL Foundation conducts training for teachers from government schools to improve the learning outcome of the students. The project is deployed in five aspirational districts of Rajasthan - Dholpur
Slide 21: Thank You
Published in October 2023 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 THANK an offer or solicitation for the purchase and sale of any financial instrument. Any action taken by you on