Sundaram Finance Limited · NSE:SUNDARMFIN
Sundaram Finance — Q1 FY2020 Earnings Presentation
16 slides from Sundaram Finance's earnings presentation, Aug 12, 2019
Slide 1: Performance Highlights Q1FY20
PERFORMANCE HIGHLIGHTS Q1FY20
Slide 2: Disbursements and AUM
Disbursements and AUM ` in Crore % Growth Disbursements AUM 7.8% 15.6% 4500 31000 17.8% 20.5% 4000 27000 4414 3500 4096 23000 29977 3000 25930 19000 2500 15000 2000 11000 Q1FY19 Q1FY20 30-Jun-2018 30-Jun-2019 AUM - Assets Under Management
Slide 3: Disbursements by asset and region
Disbursements 4.7% 3.3% 5.1% 4.0% Q1FY19 Q1FY20 11.4% 10.7% Asset wise ` 4096 Cr. 53.3% ` 4414 Cr. 57.4% 22.8% 27.3% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 4.3% 4.1% Region wise 12.1% 12.2% 19.8% ` 4096 Cr. 21.1% ` 4414 Cr. 62.6% 63.8% South N
Slide 4: AUM by asset and region
AUM 4.4% 30-Jun-2018 4.8% 5.2% 5.8% 30-Jun-2019 8.9% Asset wise 9.9% ` 25930 Cr. 53.1% ` 29977 Cr. 53.4% 28.8% 25.7% CVs Cars Construction Equipment Tractors Others CVs Cars Construction Equipment Tractors Others 3.6% 3.5% 13.0% 12.4% Region wise 19.0% ` 29977 Cr. 18.6% ` 25930 Cr. 65.1% 64.8% South
Slide 5: Funding Mix
Funding Mix 45.0% 40.7% Total 30-Jun-2018 31-Mar-2019 30-Jun-2019 39.2% 40.0% Borrowing ₹ 24489 Cr. ₹ 26673 Cr. ₹ 28586 Cr. 35.0% 33.7% 30.0% 25.5% 25.0% 23.2% 20.4% 20.3% 20.4%19.2% 20.0% 14.7% 15.0% 11.6% 11.5% 10.9% 10.0% 5.4% 5.0% 3.3% 0.0% Debentures Bank Securitisation Deposits Commercial Borr
Slide 6: Profit & Loss Statement
Profit & Loss Statement ` in Cr. FY19 Particulars Q1FY20 Q1FY19 3285.98Revenue From Operations 921.96 756.62 20.56Other Income 3.03 3.31 3306.54Total Revenue 924.99 759.93 1766.47Finance cost 496.40 392.21 537.47Operating expenses 146.18 135.78 107.33Impairment on financial instruments 45.90 19.95 2
Slide 7: Balance Sheet
Balance Sheet ` in Cr. 31-Mar-19Particulars 30-Jun-19 30-Jun-18 EQUITY AND LIABILITIES 25530.90Financial Liabilities 26940.35 22477.51 74.46Non Financial Liabilities 66.07 77.61 5043.81Equity 5203.20 4205.60 30649.17Total - EQUITY AND LIABILITIES 32209.62 26760.72 ASSETS 30079.48Financial Assets 315
Slide 8: Key Ratios
Key Ratios Net worth (Rs in Cr.) Book value per share (Rs) Debt Equity CRAR 6.0 19.4% 19.5% 20.0% 5500 454 468 500 17.0% 19.0% 4500 379 450 5.0 18.0% 17.0% 3500 400 4.0 16.0% 15.0% 5044 5203 2500 4206 350 3.0 5.2 5.0 5.1 14.0% 13.0% 1500 300 2.0 12.0% 11.0% 500 250 1.0 10.0% 30-Jun-2018 31-Mar-2019
Slide 9: Portfolio Quality
Portfolio Quality Gross NPA % Net NPA % 3.00% 2.50% 2.20% 2.00% 1.72% 1.63% 1.50% 1.33% 1.14% 1.00% 0.83% 0.50% 0.00% 30-Jun-2018 31-Mar-2019 30-Jun-2019 Gross & Net NPA corresponds to stage 3 assets, calculated as per Expected Credit Loss model under Ind AS.
Slide 10: Branch Network
Branch Network No. of Branches : 682 (PY Q1 : 638) 30-Jun-2019 No. of Employees : 4187 (PY Q1: 3966) 45 69 175 393 South North West East
Slide 11: Subsidiaries, Joint Ventures & Associates
Subsidiaries, Joint Ventures & Associates Subsidiaries Joint Ventures Sundaram Finance Holdings Limited Royal Sundaram General Insurance Co. Limited Sundaram Business Services Limited Sundaram BNP Paribas Home Finance Limited Sundaram Asset Management Company Limited Sundaram BNP Paribas Fund Servic
Slide 12: Consolidated Results
Consolidated Results ₹ in Crore PAT 1000 765 * 800 600 400 182 170 200 Net Worth 0 Q1FY19 FY19 Q1FY20 7000 6259 6389 6000 5713 EPS (₹) 16.48 69.47 15.44 5000 * Excludes Exceptional item (sale of stake in Royal Sundaram General Insurance Co. Limited (RSGI) to Ageas Insurance International N.V ,The 40
Slide 13: Sundaram BNP Paribas Home Finance
Sundaram BNP Paribas Home Finance ` in Cr. 31-Mar-19Particulars 30-Jun-19 30-Jun-18 2449Disbursements 607 611 69%-Housing 67% 65% 31%-Non-Housing 33% 35% 9064AUM 9250 8532 70%-Housing 70% 69% 30%-Non-Housing 30% 31% 146PAT 43 42 14.37EPS (₹) 4.22 4.15 1252Net worth 1295 1191 123.66Book Value (₹) 127
Slide 14: Royal Sundaram
Royal Sundaram ` in Cr. 31-Mar-19Particulars 30-Jun-19 30-Jun-18 3196Gross Written Premium 734 759 113PAT 4 16 1102Net worth 1109 962 108%Combined Operating Ratio 115% 109% 2105Employees 2205 2026
Slide 15: Sundaram Asset Management
Sundaram Asset Management ₹ in Cr. 31-Mar-19Particulars 30-Jun-19 30-Jun-18 34,111Average AUM 34,068 35,060 21,058-Equity 22,506 21,165 13,053-Debt 11,562 13,895 29PAT 5 7 198Net worth 185 178 354Employees 367 339 11,87,512Retail Investors 11,82,123 11,42,844
Slide 16: Disclaimer
Disclaimer This document is for information purposes only and is not and does not form part of an invitation/ offer / advertisement / advise to purchase or sell any securities of the Company. The materials and information contained in the document are prepared by the Company and are correct and accu