Sammaan Capital Ltd · NSE:SAMMAANCAP
Sammaan Capital — Indiabulls Financial Services — Q1 FY2011-12 Earnings Presentation
15 slides from Sammaan Capital's earnings presentation, Jul 21, 2011
Slide 1: Indiabulls Financial Services Limited
Indiabulls Financial Services Limited Unaudited Financial Results – Q1 FY 2011-12 July 21, 2011
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains certain forward-looking statements based on current expectations of Indiabulls management. Actual results may vary significantly from the forward-looking statements in this document due to various risks and uncertainties. These risks and uncertainties in
Slide 3: Business Update
Business Update Year-on-Year (Y-o-Y) Comparison - Q1 FY 11-12 v/s Q1 FY 10-11 Q1 FY 11-12 Q1 FY 10-11 Total Revenues (Rs. Cr.) 840.17 471.09 NII (Rs. Cr.) 375.12 265.45 PBT (Rs. Cr.) 300.67 199.80 PAT (Rs. Cr.) 221.98 133.58 EPS (Rs.) 7.06 4.24 3
Slide 4: Asset Growth
Asset Growth Assets Under Management (AUM) in Rs. Cr. NII (Rs. Cr.) 400 369 375 353 24,000 20,788 19,825 306 20,000 17,069 300 265 15,189 16,000 12,535 12,000 200 8,000 100 4,000 - - Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Q1 11-12 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Q1 11-12 • Home Loans continue to be
Slide 5: Asset Composition
Asset Composition Q1 FY 11-12 Q1 FY 10-11 6.5% 1.5% 6% 1% 21% 6% 18% 71% 69% Mortgages Commercial Vehicle Corporate Loans Business Loans Other Loans • Long-term, low-risk mortgage loans’ contribution has increased to 71% of the total assets 5
Slide 6: Home Loans: Convenience and Service
Home Loans: Convenience and Service • The company continues to expand its branch network and now has over 160 branches • The branches are set-up in accessible locations with the aim of nurturing long-term customer relationships • With customer convenience in mind, the company has been continuously i
Slide 7: Improving Liability Profile
Improving Liability Profile Q1 FY 11-12 Q1 FY 10-11 9% 18% 12% 38% 53% 70% • Liabilities management continues to be strength of the company with a diversified liability profile and long-duration loans to mirror the long-term mortgage assets • The company continues to maintain the levels of short-ter
Slide 8: Diversified Borrowing Programme
Diversified Borrowing Programme Borrowings (Rs. Cr.) 19,319 19,215 20000 14,671 15000 12,993 9,511 10000 5000 0 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Q1 11-12 Contribution in Total Borrowings (Rs. Cr.) Incremental Borrowing Jun-11 Jun-10 Last 12 months Bank Loans 13,440 5,018 87% NCD 3,515 833 28% CP
Slide 9: Headroom for Growth
Headroom for Growth 20,000 19,319 19,215 4.00 3.50 14,671 15,000 3.00 12,993 3.13 3.17 2.69 2.50 9,511 2.38 10,000 2.00 1.81 1.50 5,000 1.00 0.50 0 0.00 Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Q1 11-12 Borrowings Net Gearing Figures in Rs. Cr. Net Gearing: Borrowings Net of ‘Cash & Cash Equivalents’ and
Slide 10: Improving Cost-Income Ratio
Improving Cost-Income Ratio Cost/Income 25.00% 23.90% 22.50% 21.94% 21.13% 21.04% 20.00% 19% 17.50% 15.00% Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Q1 11-12 Costs include Salaries and Operating Expenses • The company continues to witness improving operational efficiency, with the cost to income ratio fur
Slide 11: Stable Asset Quality
Stable Asset Quality NPA Levels 2.00% 1.74% 1.50% 1.38% 1.20% 1.03% 1.00% 1.00% 0.90% 0.63% 0.53% 0.50% 0.37%* 0.37%* 0.00% Q1 10-11 Q2 10-11 Q3 10-11 Q4 10-11 Q1 11-12 * Without deducting ‘Floating Provision’ and RBI prescribed ‘Standard Asset Provision’ from Gross NPA • The incremental provisions
Slide 12: Income Sources
Income Sources Q110-11 FY FY 11-12 Q1 FY 10-11 2% 6% 2% 11% 92% 87% • ‘Interest Income’ contributes significantly to the total income. Its contribution has increased on account of sustained asset book growth due to long-term mortgage loans • ‘Fee Income’ continues to be a significant income stream f
Slide 13: Consolidated Income Statement
Consolidated Income Statement 13
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet Rs. 4,399.83 Cr of Cash & Cash Equivalents and Investments in Liquid Mutual Funds 14
Slide 15: Thank you
Thank you 15
Indiabulls Financial Services — Q1 FY2011-12 Earnings Presentation on 6ix