Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q3 FY2023 Earnings Presentation
20 slides from Can Fin Homes's earnings presentation, Jan 19, 2023
Slide 1: Submission of Investor Presentation - Post Q3 FY23 results (cover letter)
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 19/2023 January 19, 20
Slide 2: Investor Presentation 3QFY23 ended December 2022
Investor Presentation 3QFY23 ended December 2022 35 years of vision, passion and progress Offering home loans since 1987….. and it’s just a beginning January 2022
Slide 3: Legacy, Focus, Reach, Financials, Vision
Legacy Focus Reach Financials Vision • 34 year old • To promote home • Headquartered in • Net Interest • To increase lending institution registered ownership across Bangalore Income: Rs. to new home as a deposit taking India, with a motto 251.71 Cr aspirants, enhance HFC with NHB of friendship • Pan
Slide 4: Journey of Can Fin Homes
3 JOURNEY OF CAN FIN HOMES Best BFSI 2015 Award by ET 2021 Edge & Most 1989 11 more branches Rights issue of CFHL Promising are added, including – mCap over Business New Delhi 1991 Leader Award Loan book crossed Rs. 1000 Cr to MD, Girish Loan Rs. 100 Cr Kousgi book crossed Loan book over 2016 30000
Slide 5: Board of Directors
Director (Promoter) Dy. Managing Director Chairman (Promoter) Managing Director (Independent) Director & CEO, Canara Bank upto 31/12/2022 Director (Independent) Director (Independent) Director (Independent) Director (Independent) 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: Quarterly performance Q1, Q2, Q3
Q1 Q2 Q3 • Disbursement 1721.56 Cr • Disbursement 2245.05 Cr • Disbursement 2444 Cr • Outstanding 27538.12 Cr • Outstanding 28822.91 Crs • Outstanding 30115 Cr • NII: Rs.250.40 Cr • NII: Rs.251.17 Cr, • NII: Rs. 251.71 Cr, • PBT: Rs. 218.69 Cr and • PBT: Rs. 202.85 Cr and • PBT: Rs. 204.52 Cr and PA
Slide 8: Q3 FY23 highlights
1. Disbursements during the quarter Q3 8. Gross NPA 0.60% & Net NPA 0.30%. increased by 15% YOY 9. The Salaried and Professional 2. Loan Book reached Rs.30115 Cr segment constitutes 74% of the (+20%) with a clientele base of 23.08 outstanding loan book as on December lakh. 2022. Housing forms 90% of
Slide 9: Sequential performance
Amount in Rs. Crore Sl. Sequential Particulars No. Dec’22 (3m) Sep’22 (3m) Growth% 1 New Approvals 2585 2348 2 Disbursements 2444 2245 8.86% 3 Outstanding Loan Book 30115 28823 4.48% 4 Net Interest Income 251.71 251.17 0.22% 5 Operating Profit 212.93 216.08 -1.45% 6 Provision for Std Asset (5.93) 33
Slide 10: Quarter on Quarter performance
Amount in Rs. Crore Sl. Quarter on Quarter Particulars No. Dec’22 (3m) Dec’21 (3m) Growth% 1 New Approvals 2585 2762 -6.41% 2 Disbursements 2444 2472 -1.14% 3 Outstanding Loan Book 30115 25091 20.02% 4 Net Interest Income 251.71 205.93 22.23% 5 Operating Profit 212.93 172.03 23.78% 6 Provision for S
Slide 11: Year on Year performance
Amount in Rs. Crore Sl. Year on Year Particulars No. Dec’22 (9m) Dec’21 (9m) Growth% 1 New Approvals 6688 5879 13.76% 2 Disbursements 6410 5573 15.01% 3 Outstanding Loan Book 30115 25091 20.02% 4 Net Interest Income 753.28 578.87 30.13% 5 Operating Profit 644.01 487.42 32.13% 6 Provision for Std Ass
Slide 12: Key ratios - period ended
Sl. PERIOD ENDED Particulars No. Dec’22 (3m) Dec’21 (3m) 1 Return on Avg Assets (Annualised) 2.16% 2.04% 2 Return on Avg Equity (Annualised) 17.30% 15.83% 3 Earning Per Share (Rs.) 11.38 8.69 4 Net Interest Margin (%) 3.47% 3.70% 5 Yield (%) 8.87% 8.15% 6 Cost (%) 6.63% 5.56% 7 Spread (%) 2.24% 2.59
Slide 13: Key ratios - period ended (sequential)
Sl. PERIOD ENDED (SEQUENTIAL) Particulars No. Dec’22 (3m) Sep’22 (3m) 1 Return on Avg Assets (Annualised) 2.16% 2.07% 2 Return on Avg Equity (Annualised) 17.30% 16.82% 3 Earning Per Share (Rs.) 11.38 10.64 4 Net Interest Margin (%) 3.47% 3.55% 5 Yield (%) 8.87% 8.63% 6 Cost (%) 6.63% 6.19% 7 Spread
Slide 14: Key ratios - period ended (year on year)
Sl. PERIOD ENDED (Year on Year) Particulars No. Dec’22 (9m) Dec’21 (9m) 1 Return on Avg Assets (Annualised) 2.17% 2.04% 2 Return on Avg Equity (Annualised) 17.30% 15.83% 3 Earning Per Share (Rs.) 34.20 26.15 4 Net Interest Margin (%) 3.46% 3.44% 5 Yield (%) 8.66% 8.05% 6 Cost (%) 6.25% 5.56% 7 Sprea
Slide 15: Category-wise product-wise distribution of loan book
CATEGORY-WISE PRODUCT-WISE DISTRIBUTION OF LOAN BOOK Amount in Rs. Crore Sl. Dec-21 Mar - 22 Jun - 22 Sep - 22 Dec - 22 Particulars No. O/s Amt. O/s Amt. O/s Amt. O/s Amt. O/s Amt. 1 Salaried & Professionals i) Housing Loans 17132 18205 18767 19562 20256 ii) Top-up Personal Loans 699 767 795 852 915
Slide 16: Funding Mix Dec 2021 vs Dec 2022
Funding Mix @ Dec 2022 (as %) Funding Mix @ Dec 2021 (as %) 2% 2% 9% 15% 15% 51% 7% 53% 23% 23% Banks NHB NCD CP DEP Banks NHB NCD CP DEP . Cost of borrowings at 6.63% (vs 5.80% in Jun 22 & 5.57% in Sep’22) www.canfinhomes.com 15
Slide 17: Spread, Yield, Cost
Yield (%) Spread (%) Cost (%) 2.66% 8.87% 6.63% 2.55% 8.63% 2.45% 6.19% 8.46% 5.80% 8.11% 2.24% 5.56% Q4 FY 21-22 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 22-23 Q4 FY 21-22 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 22-23 Q4 FY 21-22 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 22-23 www.canfinhomes.com 16
Slide 18: Gross NPA & Net NPA, PCR
Gross NPA & Net NPA (%) PCR (Rs.) 54% 52% 50.70% 0.39 0.3 0.35 43.09% 0.3 0.3 0.71 0.64 0.65 0.62 0.6 Q3 FY 21-22 Q4 FY 21-22 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 22-23 Q4 FY 21- 22 Q1 FY 22-23 Q2 FY 22- 23 Q3 FY 22- 23 GNPA Net NPA www.canfinhomes.com 17
Slide 19: Branches and satellite offices
(187 BRANCHES + 13 SATELLITE 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, • Tamil
Slide 20: 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