Trucap Finance Limited · NSE:TRU
Trucap Finance — Dhanvarsha Finvest — FY2020 Earnings Presentation
23 slides from Trucap Finance's earnings presentation, Jun 15, 2020
Slide 1: Earnings Update cover letter to BSE
June 15, 2020 The General Manager Department of Corporate Services BSE Limited Phiroze Jeejeeboy Towers, Dalal Street, Mumbai — 400001. Scrip Code: 540268 Dear Sir / Madam, Subject : Earnings Update. This is to inform you that the Board of Directors of Dhanvarsha Finvest Limited at its meeting held
Slide 2: Dhanvarsha Finvest Ltd.
Dhanvarsha Finvest Ltd.
Slide 3: Disclaimer
Disclaimer ▪ This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular / memorandum, an advertisement, an offer, an invitation to offer or an offer document in terms of the Companies Act, 2013, the Securities and Exchange Board of India (Issue of Capital and Di
Slide 4: FY20 Update
DW /A VY FY20 Update
Slide 5: Highlights of FY20
Highlights of FY20 • 25% Y-o-Y rise in Net Revenue from INR 141 Mn in FY19 to INR 176 Mn in FY20. • 92% Y-o-Y rise in Net Profit from INR 21 Mn in FY19 to INR 41 Mn in FY20 led by higher fee income and lower P&L Highlights interest expense. As a prudent measure, company has taken a one-time COVID-19
Slide 6: Disbursals and AUM
Disbursals and AUM • Disbursements of 35.6 million in 4Q20 vs. 25.8 Disbursal Summary (₹ million) million in the previous quarter and 28.6 million a year ago. 40.0 35.6 • AUM has started re-growing again with robust 35.0 pipeline for on balance sheet lending growth and 30.0 28.6 syndication in retai
Slide 7: Portfolio Snapshot – Granularity with Sustainability
Portfolio Snapshot – Granularity with Sustainability Extremely granular loan book with significant reduction in 81% of our borrowers have 700+ CIBIL score ticket size and increase in borrower count . 450 25 400 22 350 20 19% 300 15 15 250 13 9% 200 11 10 9 150 100 72% 5 50 225 259 280 328 403 - - Q4
Slide 8: Portfolio Snapshot – Lending Primarily for Business Expansion
Portfolio Snapshot – Lending Primarily for Business Expansion Diversified Portfolio with extremely low concentration risk Borrower use of funds predominantly for business expansion 13% 22% 15% 36% 72% 42% Business Expansion Debt Consolidation & Expansion Manufacturer & Manufacturing Service Trader W
Slide 9: Portfolio Snapshot – Strong Focus on PSL
Portfolio Snapshot – Strong Focus on PSL Portfolio Split Strong Focus on Priority Sector Lending 4% 22% 78% 96% Priority Non Priority Secured UnSecured ▪ Robust collateral as security from borrowers. ▪ Strong focus on disbursing loans that qualify for PSL status. ▪ Performance of unsecured book is e
Slide 10: Asset Quality Snapshot – Relentless Focus
Asset Quality Snapshot – Relentless Focus ▪Major focus of collections team is to resolve early stage delinquent loans (1-30 days) at the earliest. ▪Given collection efforts and granular borrower base, normalization ratio of delinquent loans is very high. ▪Collections is headed by a former Capital Fi
Slide 11: Income Statement
Income Statement Q4 Income Statement (INR Million) FY19 FY20 FY20 Operating Income 57.1 190.3 191.0 • Net Revenue in FY2020 is Less: Finance Cost 4.2 51.8 16.9 INR 176 Mn, up 25% Y-o-Y Net Income 52.9 138.6 174.1 due to increasing disbursements and higher Other Income 1.4 2.6 1.9 fee income Total In
Slide 12: Balance Sheet
Balance Sheet Balance Sheet (INR M illion) FY19 FY20 Financials Assets 489.8 422.4 Cash and Investments 38.0 48.1 Loans 451.6 328.6 • High liquidity in place to fund Other Financials Assets 0.2 45.8 existing lending pipeline. Non Financials Assets 48.0 62.6 T otal Assets 537.8 485.0 • Unlevered bala
Slide 13: Current Quarter Updates
Current Quarter Updates ▪ Company signed a definitive agreement with private equity funds managed by Turning Leaf Asset Management (TLAM) and promoter group Wilson Holdings Private Limited to infuse USD 14.5 million of capital into the company at a value of USD 39.5 million. ▪ We have been able to s
Slide 14: Equity Infusion in Dhanvarsha
Equity Infusion in Dhanvarsha • In a move that will materially boost the company’s net worth, Turning Leaf Asset Management (TLAF) has entered into a definitive agreement to acquire 21.5% stake in Dhanvarsha by infusing USD 8.5 Mn in the company. • As part of the transaction, the promoter group Wils
Slide 15: Dhanvarsha 5 Year Strategy
Dhanvarsha 5 Year Strategy Our goal is to make a significant impact in the lives of MSME entrepreneurs by providing 01 them access to timely, sustainable and affordable credit & financial services tools. We want to help achieve financial inclusion with a greater social purpose – to build social capi
Slide 16: Company Governance & Mission Company Overview
Company Governance & Mission Company Overview
Slide 17: Focus on Governance & Best Practices
Focus on Governance & Best Practices HIGH GOVERNANCE STANDARDS Completely Independent Board Rakesh Sethi Ashish Dalal Rajiv Kapoor Nirmal Momaya Stat Audit Haribhakti & Co Non-Executive Chairman Non-Executive Director Independent Director Independent Director Internal Audit Bansal Bansal & Co. Past
Slide 18: Dhanvarsha Backed by Seasoned Board & Management Team
Dhanvarsha Backed by Seasoned Board & Management Team Karan Desai Rohanjeet Juneja Narendra Tater Vijay Reddy Joint MD Joint MD CFO CS & Compliance Officer Past experience: Past experience: Past experience: Past experience: An investment banker, hedge fund manager and Finance professional with 20+ E
Slide 19: Our Mission & Vision
Our Mission & Vision We don’t just lend money. We enable businesses by lending ‘hand’, ‘head’ & ‘heart’ Ecosystem We are true business partners to our customers Growth & Scalability Wealth & Wellbeing For us, businesses are communities first. We help build ‘Social Capital’ Develop & Sustain We give
Slide 20: Sample Client Business Images
Sample Client Business Images Kirana Store Owner Paper & Boards Trader Catering Business General & Stationery Store Steel & Consumer Goods Trader Textile Tailoring Business Dhanvarsha Finvest Ltd.
Slide 21: SME and MSMEs Comprise almost 70% of India's Working Population
SME and MSME’s Comprise almost 70% of India’s Working Population Working % of working Avg. income Avg. annual income Population population INR ₹ (2015) INR ₹ (2015) Movers 0.4 mn 0.08% ₹ 7560 ₹ 17,500k & Shakers Urban Middle Class 27 mn 5% ₹ 21,350 ₹ 795k Urban Masses: Our sweet spot 129 mn 25% ₹ 29
Slide 22: Providing Dhanvarsha an Opportunity to Make a Big Social Impact
Providing Dhanvarsha an Opportunity to Make a Big Social Impact 63 million Machinery investment less than ₹ 25 lakhs Micro Enterprises form 99% of MSMEs MSMEs accounted for over Employs over 0.3Mn MSME INR 40k bn to India’s Gross Value Added 111 million people Small Categorization (GVA) in 2015-16 o
Slide 23: Dhanvarsha Finvest Ltd. contact address
Dhanvarsha Finvest Ltd. 2nd Floor, Building No.4, Wilson House, Old Nagardas Road, Andheri (East), Mumbai - 400 069.