Iirm Holdings India Limited · BSE:IIRM
Iirm Holdings India — Investor Presentation (June 2025)
28 slides from Iirm Holdings India's investor presentation, Jun 17, 2025
Slide 1: BSE filing cover letter - Investor Presentation
Date: June 17, 2025 To, BSE Limited, The Calcutta Stock Exchange Limited 1st Floor, P.J. Towers, 7, Lyons Range, Dalal Street, Fort, Dalhousie, Mumbai - 400 001. Kolkata 700 001 Scrip Code: 526530 Scrip Code: 029404 Sub: Investor Presentation. Dear Sir/Madam, Pursuant to the provisions of Regulation
Slide 2: Your Trusted Partner in Global Insurance Solutions
Your Trusted Partner in Global Insurance Solutions IIRM Holdings India Limited Formerly known as Sudev Industries Limited Investor Presentation – FY 25
Slide 3: Leading the way in Insurance Distribution
Leading the way in Insurance Distribution Vision To be recognised as the best company to work for and to deal with in the insurance industry 5 Mission Claim Processing and Achieving market leadership through collaboration and 4 Support Services technology to redefine consumer experience Wellness Ser
Slide 4: Strategy Overview
Strategy Overview 1 Idea 6 Pay off ➢ Scale up the PHY-GITAL Insurance distribution network ➢ Become a top 5 distributor of Insurance within each region INDIA-SRI LANKA-EAST AFRICA-SOUTH ASIA ➢ Sustain CAGR in Revenue and EBITDA ➢ Quantum leap in Retail customers in next 5 years ➢ Enhanced returns to
Slide 5: Our Credentials and Global Presence
Our Credentials and Global Presence 2000 + Corporate Customers 100K + Retail Customers 100 + Reinsurer Network USD 155+ Mn Premium Serviced Annually 500 + Years of Combined Experience Extensive network of reinsurance partners worldwide 4 IIRM Holdings India Limited | INDIA | SINGAPORE | SRI LANKA |
Slide 6: Our Growth - Revenue
Our Growth - Revenue Revenue Geography Wise in Rs Mil(US $ Mil.) EBITDA in INR Mil.(US $ Mil.) 2209(26) India Sri Lanka Maldives Kenya Total 1801(22) 471(6) 1(0.01) 16(0.2) 465(6) 1(0.01) 73(0.85) 1448(17) 9(0) 31(0) 0(0) 328(4) 1108(13) 16(0) 0(0) 71(1) 741(9) 868(10) 11(0) 234(3) 0(0) 2120(25) 0(0
Slide 7: Our Journey
Our Journey Beginning of our 1999 entrepreneurial journey 2002 indiainsure.com launched Since 1999, we’ve been on a mission to bridge the gap in the distribution of 2003 Transition from Insurance agents to India’s 1st Licensed general insurance. What began as a group of individual agents quickly evo
Slide 8: Board of Directors
Board of Directors Ramakrishna Vurakaranam Yugandhara Rao Sunkara Rama Mohana Rao Bandlamudi Venkata Ramudu Jasthi Ramakrishna Vurakaranam is a Chartered Yugandhara Rao Sunkara, an insurance Rama Mohana Rao Bandlamudi is an Venkata Ramudu Jasthi, former Director Accountant with over 20 years of corp
Slide 9: Leadership Team
Leadership Team SASI KUMAR VIPPIN CHANDRA ANANTH RAO CHAMARTY RYALI BHAVANI ARINDAM GHOSH ADIDAMU DEEPALI RADHAKRISHNA APPARO SUDHINDRA Vice-Chairman Managing Director Director - Director - Group Chief PURANDAR Director- India Insure India insure Re Insurance Insurance Advisory Financial Officer Dir
Slide 10: Key Trends Shaping Insurance Landscape
Key Trends Shaping Insurance Landscape Technological Transformation Customer Centric Risk Management and Resilience Insurers are leveraging AI, Modern Customers expect Companies are leveraging Blockchain and advanced personalized insurance insurance to mitigate risks arising analytics to automate pr
Slide 11: The Growth of India's Insurance Market
The Growth of India’s Insurance Market Rapid Market Low Penetration Government Technological Demographic Economic Growth Levels Initiatives Integration Advantages Growth Insurance penetration Expected CAGR of 12- remains below global Schemes like Use of AI and digital Young population Increasing GDP
Slide 12: Tapping Emerging Market Opportunities
Tapping Emerging Market Opportunities General Insurance (GI) Premium in India General Insurance (GI) Premium in Kenya ₹ i n B i l l i o n ( in U S $ B i l l i o n ) in US $ Billion 12% CAGR 13% CAGR 10% CAGR 15% CAGR 3.4 2.8 2.5 2.2 1.9 1.7 1.5 1.3 1.1 1.0 1.0 FY20 FY21 FY22 FY23 FY24 FY25E FY26E FY
Slide 13: Tapping Emerging Market Opportunities (cont..)
Tapping Emerging Market Opportunities (cont..) General Insurance (GI) Premium in Sri Lanka General Insurance (GI) Premium in Maldives in US $ Billion in US $ Billion 6% CAGR 10% CAGR 20% CAGR 18% CAGR FY20 FY21 FY22 FY23 FY24 FY25E FY26E FY27E FY28E FY29E FY30E FY20 FY21 FY22 FY23 FY24 FY25E FY26E F
Slide 14: Insurance Distribution Landscape
Insurance Distribution Landscape Revenue Regulatory Talent Price Driven Reinsurance Developments Market Dynamics Broking Revenue is BIMA SUGAM launched by There is a huge talent Significant increase in Individuals and growing at 20% YoY IRDAI to increase the shortage in Insurance reinsurance capacit
Slide 15: Our Strategic Vision for Growth
Our Strategic Vision for Growth Innovation Scale Continuity •PHYGITAL Platform: Integrating technology with •Upsell and Cross-Sell: Utilising data analytics to •Talent Retention: Implementing a performance- deep market insights to create a PHYGITAL upsell and cross-sell personal insurance based stoc
Slide 16: Our Edge in the Insurance Market
Our Edge in the Insurance Market IIRM Holdings leverages its unique selling propositions to maintain a competitive edge in the insurance industry. These strengths are the foundation of our market leadership and customer trust. Unique Selling Propositions 1 Extensive Network: A robust network of rein
Slide 17: Our Diverse Offering
Our Diverse Wellness Offering Facultative Treaty Self Funded Retro Schemes Facilities Staffing for Claims Risk modelling processing OTHERS REINSURANCE TRADITIONAL SPECIALITY LINES INSURANCE Cyber Insurance Property Insurance M&A Insurance Energy Insurance Bonds Insurance Engineering Insurance Financ
Slide 18: Holding Structure
Holding Structure IIRM HOLDINGS INDIA LTD (BSE LISTED) INDIA INSURE IIRM GLOBAL SHARED IIRM HOLDINGS IIRM WELLNESS Insurance Distribution SERVICES SINGAPORE 100% 100% 100% 100% IIRM LANKA IIRM MALDIVES IIRM KENYA Insurance Distribution Insurance Distribution Insurance Distribution 83.19% 75% 40% 17
Slide 19: Our Portfolio - Premium
Our Portfolio - Premium GWP Location wise in INR m (US $ m) GWP Mix By Geography as on FY 25 13268 (159) Maldives Sri Lanka 11444 (137) 1% 11032 (132) 56 (0.6) 3% 9657 (116) 71 (1) 51 (1) 427 (5) 73 (1) 232 (3) 1058 (13) 401 (5) India 12785 (151) 96% 11141 (133) 9923 (119) 9182 (110) FY22 FY23 FY24
Slide 20: Our Portfolio – Revenue Mix
Our Portfolio – Revenue Mix Revenue LOB wise % share GWP Mix from Different Verticals Advisory Services, 2% Wellness, 3% Health and Life, 22% Others, 4% 8% Fire & Engg, 9% 17% 75% Motor, 33% Speciality Lines, 27% Corporate Business Reinsurance Retail Insurance 19 IIRM Holdings India Limited | INDIA
Slide 21: Our Portfolio – Customer Spread
Our Portfolio – Customer Spread INR M Length of Revenue Client Line of Business Relationship (INR-M) (Years) TOP 10 CLIENTS 537 1 271.3 Reinsurance 6 2 50.5 Health 11 3 31.5 Engineering 16 TOP 50 CLIENTS 917.9 4 28.6 Health 21 5 27.1 Health 16 6 45.9 Casualty & Cyber 11 TOP 100 CLIENTS 1060.1 7 25.6
Slide 22: P&L Summary - INR
P&L Summary - INR PARTICULARS ( ₹ IN MIL L IONS ) FY22* FY23* FY24 FY25 Revenue from Operations 1,089.14 1,423.91 1,778.26 2,194.50 Total Income 1,109.04 1,447.72 1,799.98 2,209.53 Operating Expenses 855.48 1,096.20 1,312.76 1,723.91 EBITDA 233.67 327.72 465.50 470.59 EBITDA % 21.5% 23.0% 26.2% 21.4
Slide 23: P&L Summary – US $ Mn.
P&L Summary – US $ Mn. PARTICULARS ( US $ IN MIL L IONS ) FY22 FY23 FY24 FY25 Revenue from Operations 13.04 17.05 21.30 25.96 Total Income 13.28 17.34 21.56 26.13 Operating Expenses 10.25 13.13 15.72 20.39 EBITDA 2.80 3.92 5.57 5.57 EBITDA % 21.5% 23.0% 26.2% 21.4% Finance Cost 0.33 0.28 0.36 0.33 D
Slide 24: Current Year Performance
Current Year Performance • The Indian Non-Life Insurance industry registered a growth rate of 6.21 % when compared to 12.77% in 2023-24. There is marked slowdown in growth across several lines such as Fire Engineering Health and Motor. Despite the slowdown in the wider industry, the Company has cont
Slide 25: Management Commentary
Management Commentary IIRM Holdings India Limited’s FY25 results reflect a year of purposeful strategy and disciplined execution. The company delivered strong revenue growth, with revenue from operations rising to INR 2194 million from INR 1,778 million in FY24. This growth was driven by a deliberat
Slide 26: Investment Merits
Investment Merits Investment Merits Pioneers in Insurance Distribution: 1 With a 25-year successful track record, IIRM Holdings has established itself as a leader in insurance distribution, demonstrating resilience and adaptability in a dynamic industry. 2 Thought Leadership and Expertise: Renowned
Slide 27: Cautionary Statement
Cautionary Statement In so far as forecasts or expectations are expressed in this presentation or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes i
Slide 28: Thank You
THANK YOU
IIRM Holdings India — Investor Presentation (June 2025) on 6ix