Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q1 FY24 Earnings Presentation
17 slides from Can Fin Homes's earnings presentation, Jul 19, 2023
Slide 1: Submission of Investor Presentation post Q1 FY24 results
CAN FIN HOMES LIMITED Registered Office No. 29/1, 1st Floor, Sir M N Krishna Rao Road Near Lalbagh West Gate, Basavanagudi Bengaluru – 560 004 Tel: 080-48536192; Fax: 26565746 e-mail: compsec@canfinhomes.com Web: www.canfinhomes.com CIN – L85110KA1987PLC008699 CFHRO SE CS LODR 186/2023 July 19, 2023
Slide 2: Investor Presentation Q1FY24
Investor Presentation Q1FY24 35 years of vision, passion and progress Offering home loans since 1987….. and it is just a beginning July 2023
Slide 3: Legacy, Focus, Reach, Financials, Vision
Legacy Focus Reach Financials Vision • 35 year old • To promote home • Headquartered in (Q1FY24) • To increase lending institution registered ownership across Bengaluru • Net Int Income: to new home as a deposit taking India, with a motto • Rs.285.09 Cr aspirants, enhance HFC with NHB of friendship
Slide 4: Journey of Can Fin Homes
JOURNEY OF CAN FIN HOMES ET Edge 2015 Promising 2021 Brand Award to Can Fin Homes Ltd. 1989 11 more branches Rights issue of CFHL are added, including – mCap over New Delhi 1991 Loan book crossed Rs. 1000 Cr Rs. 100 Cr Successful completion of 35 Years Loan book over 2016 100th branch at Begur, Rs.
Slide 5: Board of Directors
Chairman (Promoter) Managing Director & CEO Director (Promoter) Director (Independent) w.e.f 26/04/2023 Director (Independent) Director (Independent) Director (Independent) Director (Independent Deputy Managing Director (w.e.f. June 19, 2023) www.canfinhomes.com 4
Slide 6: Digital focus areas
In order to ensure uninterrupted services to our customers, even during challenging times like today, we leveraged various advanced digital tools and technologies. These enabled us to reach more customers, across the length and breadth of the country, improve our efficiency and tide through challeng
Slide 7: Q1 FY24 highlights
1. Disbursements during the quarter 8. Gross NPA 0.63% & Net NPA 0.34%. increased by 14% YOY. 9. The Salaried and Professional 2. Loan Book reached Rs. 32505 Cr segment constitutes 73% of the (+18% YoY) with a clientele base of outstanding loan book as on 2.46 lakh. June 23. Housing forms 89% of the
Slide 8: Year on Year (As per IND AS)
Amount Rs. in Crore Sl. Year on Year (As per IND AS) Particulars No. Jun’23 (3m) Jun’22 (3m) Growth% 1 New Approvals 2,071 1,751 18% 2 Disbursements 1,966 1,722 14% 3 Outstanding Loan Book 32,505 27,538 18% 4 Net Interest Income 285.09 250.40 14% 5 Operating Profit 247.60 215.00 15% 6 Provision for
Slide 9: Sequential (As per IND AS)
Amount Rs. in Crore Sl. Sequential (As per IND AS) Particulars No. Jun’23 (3m) Mar’23 (3m) Growth% 1 New Approvals 2,071 2,769 -25% 2 Disbursements 1,966 2,538 -23% 3 Outstanding Loan Book 32,505 31,563 3% 4 Net Interest Income 285.09 261.27 9% 5 Operating Profit 247.60 221.78 11% 6 Provision for St
Slide 10: Period Ended ratios
Amount Rs. in Crore Sl. PERIOD ENDED Particulars No. Jun’23 (3m) Jun’22 (3m) 1 Return on Avg Assets (Annualised) 2.19% 2.41% 2 Return on Avg Equity (Annualised) 19.16% 20.03% 3 Earning Per Share (Rs.) 13.78 12.18 4 Net Interest Margin (%) 3.48% 3.60% 5 Yield on Loan Portfolio (%) 9.84% 8.46% 6 Cost
Slide 11: Period Ended (Sequential)
Amount Rs. in Crore Sl. PERIOD ENDED (SEQUENTIAL) Particulars No. Jun’23 (3m) Mar’23 (3m) 1 Return on Avg Assets (Annualised) 2.19% 2.32% 2 Return on Avg Equity (Annualised) 19.16% 18.18% 3 Earning Per Share (Rs.) 13.78 12.45 4 Net Interest Margin (%) 3.48% 3.37% 5 Yield on Loan Portfolio (%) 9.84%
Slide 12: Category-wise Product-wise Distribution of Loan Book
CATEGORY-WISE PRODUCT-WISE DISTRIBUTION OF LOAN BOOK Amount Rs. in Crore Sl. Jun - 22 Sep - 22 Dec - 22 Mar - 23 Jun - 23 Particulars No. O/s Amt. O/s Amt. O/s Amt. O/s Amt. 0/s Amt 1 Salaried & Professionals i) Housing Loans 18767 19562 20256 21071 21602 ii) Top-up Personal Loans 795 852 915 960 99
Slide 13: Funding Mix June 2023 vs June 2022
Funding Mix @ Jun 2023 (as %) Funding Mix @ Jun 2022 (as %) 7% 1% 2% 11% 16% 11% 54% 54% 22% 22% Banks NHB NCD CP DEP Banks NHB NCD CP DEP Cost of borrowings at 7.32% ( 5.80% in June ‘22 & 6.34% in March ‘23) www.canfinhomes.com 12
Slide 14: Yield, Cost, Spread
Yield (%) Cost (%) Spread (%) 9.84% 2.66% 7.32% 6.19% 6.25% 6.34% 5.80% 2.52% 8.99% 2.45% 2.41% 8.63% 8.66% 8.46% 2.31% Q1 FY 22- Q2 FY 22- Q3 FY 22- Q4 FY 22- Q1 FY 23- Q1 FY 22- Q2 FY 22- Q3 FY 22- Q4 FY 22- Q1 FY 23- Q1 FY 22- Q2 FY 22- Q3 FY 22- Q4 FY 22- Q1 FY 23- 23 23 23 23 24 23 23 23 23 24
Slide 15: Gross NPA & Net NPA, PCR
Gross NPA & Net NPA (%) PCR (%) 54% 52.29% 50.71% 46.58% 0.65 0.62 0.63 43.39% 0.6 0.55 0.35 0.34 0.3 0.3 0.26 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 22-23 Q4 FY 22-23 Q1 FY 23-24 Q1 FY 22 -23 Q2 FY 22- 23 Q3 FY 22- 23 Q4 FY 22- 23 Q1 FY 23- 24 Net NPA GNPA www.canfinhomes.com 14
Slide 16: Branch Offices
(205 BRANCH OFFICES) • Punjab – Jalandhar • Odisha – Bhubaneshwar, • Telangana – Hyderabad (13 Berhampur, Jharsuguda branches), Siddipet, Warangal, • Chandigarh Karimnagar, Khammam, • Bihar – Patna Mancherial, Nizamabad • Rajasthan – Alwar, Jaipur, Mansarovar, Kota, Udaipur, • Tamilnadu – Hosur, Che
Slide 17: Thank You
THANK YOU The forward looking statements and projections, if any, contained in this presentation are predictions and involve known and unknown risks, uncertainties and other factors including the future changes or developments, the competitive environment, ability to implement the strategies and ini