Shriram Finance Limited · NSE:SHRIRAMFIN

Shriram Finance — Shriram Transport Finance Company — Q1 FY22 Earnings Presentation

24 slides from Shriram Finance's earnings presentation, Jul 30, 2021

  1. Slide 1: Exchange filing cover letter: Investor Update / Presentation

    SEC/FILING/BSE-NSE/21-22/68A-B July 30, 2021 BSE Limited National Stock Exchange of India Limited P. J. Towers, Listing Department Dalal Street, Fort, Exchange Plaza, 5th Floor, Mumbai – 400 001. Plot no. C/1, G- Block, Scrip Code: 511218 Bandra-Kurla Complex, Mumbai – 400 051. NSE Symbol: SRTRANSFI

  2. Slide 2: Q1FY22 Investor Update

    Shriram Transport Finance Company Ltd Q1FY 22 Investor Update July 30, 2021

  3. Slide 3: Business Update

    We SHRIRAM A WINNING RELATIONSHIP

  4. Slide 4: Business Update

    BUSINESS UPDATE  The collections for the months of April 2021, May 2021 and June 2021 were 92 %, 87% and 94% of the Demand respectively.  The Company invoked resolution plan to relieve Covid 2.0 pandemic related stress to eligible Borrowers worth Rs. 14,341.40 mn, out of which as on June 30, 2021

  5. Slide 5: Business Update: Additional ECL provision for Covid-19

    BUSINESS UPDATE Additional Expected Credit Loss (ECL) provision on Loans on account of COVID – 19 Cumulative Particulars (Rs. mn) FY20 FY21 Q1 FY22 provision till June 30 2021 COVID – 19 provision 9,096.40 16,818.40 2,610.20 28,525.00 The additional ECL provision on account of COVID – 19 is based on

  6. Slide 6: Performance Highlights – Q1 FY22 vs Q1 FY21

    Performance Highlights – Q1 FY22 vs Q1 FY21 Q1 FY22 Rs 46,515.0 mn Total Income 12.24% Q1 FY21 Rs 41,441.7 mn Q1 FY22 Rs 21,074.5 mn Net Interest Income 14.38%  Cost to income ratio at 19.11 % in Q1 FY22 as *including Direct assignment Income Q1 FY21 Rs 18,425.4 mn compared to 18.67 % in Rs. 1,051.

  7. Slide 7: Performance Highlights – Q1 FY22 vs Q1 FY21

    Performance Highlights – Q1 FY22 vs Q1 FY21 Q1 FY22 Rs 1,193,013.7 mn AUM 6.75% Q1 FY21 Rs 1,117,563.7 mn Gross Stage 3 assets 8.15% Q1 FY22 Rs 96,584.2 mn  CRAR at 23.27% as of Q1 FY21 Rs 89,307.5 mn Q1 FY22 compared to 21.93% as of Q1 FY21. Q1 FY22 Rs 53,935.4 mn Net Stage 3 assets 1.72% Q1 FY21

  8. Slide 8: AUM Break-up

    AUM Break-up Particulars (Rs. mn) Q1 FY21 Q4 FY21 Q1 FY22 YoY (%) QoQ (%) FY21 Loan Portfolio - On Books Balance sheet assets 8,76,987.8 9,27,102.1 9,69,732.9 10.58% 4.60% 9,27,102.1 Securitised assets 2,28,830.4 2,34,813.9 2,11,274.1 -7.67% -10.02% 2,34,813.9 Total On books 11,05,818.2 11,61,916.0

  9. Slide 9: Segment-wise Break up

    Segment-wise Break up Working Others, Working Others, Capital 0.03% Capital 0.04% Loans, Loans, HCVs and HCVs and Business 1.94% 3.28% CEs, CEs, Business Loans, 46.13% 47.97% Loans, 1.58% 2.26% Tractors, 2.51% Tractors, Q1 FY22 2.77% Q1 FY21 Passenger Vehicles, Passenger 20.66% Vehicles, 21.92% M&LC

  10. Slide 10: Branch & AUM distribution – Q1 FY22 vs Q1 FY21

    Branch & AUM distribution – Q1 FY22 vs Q1 FY21 Branch (Nos) Urban, 226 Rural, AUM (Rs in bn) Urban, Rural, 994 178.4 592.5 Q1 FY22 Q1 FY22 Total Branch 1,821 Total AUM Semi- Rs 1,193.0 bn Urban, Semi- 601 Urban, Urban, Rural, 422.1 221 964 Urban, Rural, 179.8 533.6 Q1 FY21 Total Branch 1,758 Total A

  11. Slide 11: Well-entrenched Pan India Network

    Well-entrenched Pan India Network Zonal Split of Branches ABBREVIATIONS Zone Zone Name Branches AHBBZ, 659 AHBBZ Ahmedabad Business Zone 659 BANBZ Bangalore Business Zone 663 CHBBZ Chennai Business Zone 499 Q1 FY22 CHBBZ, 499 BANBZ, 663 Branch Network Branch Customers Private Rural Employees Busines

  12. Slide 12: Provision Analysis

    Provision Analysis Particulars (Rs. mn) Q1 FY21 Q4 FY21 Q1 FY22 YoY (%) QoQ (%) FY21 Gross Stage 3 89,307.5 82,952.1 96,584.2 8.15% 16.43% 82,952.1 ECL provision-Stage 3 34,429.1 34,885.3 42,648.8 23.87% 22.25% 34,885.3 Net Stage 3 54,878.4 48,066.8 53,935.4 -1.72% 12.21% 48,066.8 Gross Stage 3 (%)

  13. Slide 13: P&L Statement

    P&L Statement Particulars (Rs. mn) Q1 FY21 Q4 FY21 Q1 FY22 YoY (%) QoQ (%) FY21 Interest income 41,273.6 44,676.4 46,339.3 12.27% 3.72% 1,73,346.6 Interest expended 22,848.2 23,165.2 25,264.8 10.58% 9.06% 91,675.6 Net interest income 18,425.4 21,511.2 21,074.5 14.38% -2.03% 81,671.0 Other Operating

  14. Slide 14: Balance Sheet

    Balance Sheet Particulars (Rs. mn) Jun-20 Mar-21 Jun-21 YoY (%) QoQ (%) I. ASSETS Financial Assets Cash and cash equivalents 32,865.8 1,10,509.3 1,07,176.7 226.10% -3.02% Bank Balance other than above 39,932.7 53,908.9 53,056.6 32.87% -1.58% Derivative financial instruments 5,177.7 1,692.5 2,614.7 -

  15. Slide 15: Balance Sheet (Continued)

    Balance Sheet (Continued) Particulars (Rs. mn) Jun-20 Mar-21 Jun-21 YoY (%) QoQ (%) II. Liabilities and Equity Financial Liabilities Payables 1,129.8 2,564.2 2,383.6 110.98% -7.04% Debt Securities 3,38,829.9 4,00,618.7 4,07,022.7 20.13% 1.60% Borrowings (other than debt securities) 4,44,360.6 4,52,8

  16. Slide 16: Key Metrics – Q1 FY22

    Key Metrics – Q1 FY22 P&L Metrics (Rs. mn) Q1 FY21 Q4 FY21 Q1 FY22 YoY (%) QoQ (%) FY21 Interest Income 41,273.6 44,676.4 46,339.3 12.27% 3.72% 1,73,346.6 Less: Interest Expenses 22,848.2 23,165.2 25,264.8 10.58% 9.06% 91,675.6 Net Interest Income 18,425.4 21,511.2 21,074.5 14.38% -2.03% 81,671.0 Ot

  17. Slide 17: Borrowing Profile as on June 30, 2021 vs June 30, 2020

    Borrowing Profile as on June 30, 2021 vs June 30, 2020 Rs 1,053.17 bn Rs 952.58 bn Bonds, Commercial Bonds, Commercial 21.39% Paper, 0.05% 22.03% Paper, 0.21% Other External Other External Borrowing, Commercial Borrowing, Commercial 0.61% Borrowing, 3.20% Borrowing, 3.87% 4.44% Public Public Deposit

  18. Slide 18: Borrowing Profile as on June 30, 2021 vs March 31, 2021

    Borrowing Profile as on June 30, 2021 vs March 31, 2021 Rs 1,053.17 bn Rs 1,061.96 bn Commercial Other Bonds, Bonds, Paper, 0.05% Borrowing, 21.39% 20.98% Other 0.68% External Commercial Borrowing, Borrowing, 0.61% Public 3.87% Deposit, Public 15.24% Deposit, External 17.01% Commercial Borrowing, Q1

  19. Slide 19: ALM statement on June 30, 2021

    ALM statement on June 30, 2021 Over one Over 2 Over 3 Over 6 Over one Over 3 to Particulars (Rs. Bn) One month month to 2 months to months to months to year to 3 Over 5 years Total 5 years months 3 months 6 months one year years Total Outflows 72.68 29.15 31.50 89.26 182.12 509.68 98.26 320.20 1,332

  20. Slide 20: Shareholding Pattern as on June 30, 2021 vs June 30, 2020

    Shareholding Pattern as on June 30, 2021 vs June 30, 2020 No. of shares outstanding: 267.05mn No. of shares outstanding: 226.88 mn Other Corporate Public, Other Public , MF/Bank/Ins Body , 5.70% Promoters & Corporate 7.31% Promoters & urance , Promoters Body , 0.30% Promoters 11.31% group, MF/Bank/I

  21. Slide 21: Has Attracted Strong Interest from Quality Investors

    Has Attracted Strong Interest from Quality Investors  Consistent track record and high growth potential has attracted reputed institutional and private equity investors to infuse growth capital Current  Last Three fund raising : Key Shareholders Shareholding % 1. On July 8, 2021, allotted 1.736 mn

  22. Slide 22: Contact Us

    Contact Us For any Investor Relations queries please contact Sanjay K. Mundra Shriram Transport Finance Co. Ltd Email: smundra@stfc.in Tel. No. +91-22-4095 9507 21

  23. Slide 23: About Us

    About Us About Shriram Transport Finance Co. Ltd. Shriram Transport Finance Co Ltd. is one of the largest asset financing NBFCs in India with Assets on Balance sheet of Rs. 119,301 crores. The company is a leader in organized financing of pre-owned trucks with strategic presence in 5-10 year old tru

  24. Slide 24: Thank You

    We SHRIRAM A WINNING RELATIONSHIP Thank You ~ eer

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