Repco Home Finance Ltd. · NSE:REPCOHOME
Repco Home Finance — Q3 FY2016 Earnings Presentation
20 slides from Repco Home Finance's earnings presentation, February 2016
Slide 1: Earnings Presentation February 2016
Repco Home Finance Limited Earnings Presentation February 2016 www.repcohome.com Earnings Presentation February 2016
Slide 2: Agenda
Agenda Repco Home Finance Limited Q3FY16 Performance ► Business summary…………………………………………….……..04 ► Financial performance ………………………… …………….05-11 ► Diversified source of funding…………..……………………..…..12 Geographic Presence ► Expanding footprint.………………………………………………..14 ► Region-wise loan book.……………………………
Slide 3: Q3FY16 & 9MFY16 Performance
Repco Home Finance Limited Q3FY16 & 9MFY16 Performance Earnings Presentation February 2016
Slide 4: Business Summary
Business Summary Repco Home Finance Limited • Loans outstanding (Dec 31, 2015) Rs. 71,544 mn • Net worth (Dec 31, 2015) Rs. 9,245 mn • Average loan per unit Rs. 1.3 mn • Number of live accounts 64,303 • Current Employee Strength 606 • Capital Adequacy Ratio 24.0% (Provisional) • Gross NPA (%) (Dec 3
Slide 5: Strong growth continues in 9MFY16
Strong growth continues in 9MFY16 Repco Home Finance Limited Figures in Rs Million Total Income Net Interest Income Profit after Tax 9MFY16 2,183 1,079 6,420 28% 22% 28% 9MFY15 5,015 1,711 883 Loan Book Sanctions Disbursements 9MFY16 71,544 21,486 19,537 30% 37% 37% 9MFY15 55,006 15,643 14,308 5 Ear
Slide 6: On the back of robust Q3FY16
On the back of robust Q3FY16 Repco Home Finance Limited Figures in Rs Million Total Income Net Interest Income Profit after Tax Q3FY16 780 386 2,225 28% 26% 33% Q3FY15 1,757 588 307 Loan Book Sanctions Disbursements Q3FY16 71,544 6,290 5,974 30% 20% 26% Q3FY15 55,006 5,243 4,750 6 Earnings Presentat
Slide 7: Steady growth in loan book with healthy customer mix
Steady growth in loan book with healthy customer mix Repco Home Finance Limited Figures in Rs million Sanctions and disbursements Loan Book 21,486 71,544 19,537 70,000 18,000 15,643 60,000 55,006 14,308 13,000 50,000 40,000 8,000 30,000 3,000 20,000 9MFY15 9MFY16 9MFY15 9MFY16 Sanctions Disbursement
Slide 8: Driving robust income and earnings growth
Driving robust income and earnings growth Repco Home Finance Limited Figures in Rs million Income from operations Net interest income 7,000 6,410 2,500 2,183 6,000 5,009 2,000 5,000 1,711 4,000 1,500 3,000 1,000 2,000 1,000 500 - - 9MFY15 9MFY16 9MFY15 9MFY16 Net profit Cost to income ratio 1,200 1,
Slide 9: And steady profitability ratios
And steady profitability ratios Repco Home Finance Limited Net interest margin Spread 5.0% 4.5% 4.4% 3.5% 2.9% 3.0% 4.0% 3.0% 2.5% 3.0% 2.0% 2.0% 1.5% 1.0% 1.0% 0.5% 0.0% 0.0% 9MFY15 9MFY16 9MFY15 9MFY16 Return on average net worth (TTM) Return on assets (TTM) 18.0% 16.2% 16.7% 3.0% 16.0% 2.4% 14.0%
Slide 10: Asset quality & provisioning
Asset quality & provisioning Repco Home Finance Limited Figures in Rs Million Gross NPA Net NPA 2.50% 1,000 962 1.80% 2.29% 1.99% 1.60% 1,500 2.00% 800 1.36% 634 1.40% 1.50% 600 1.20% 1,000 1,639 1.16% 1.00% 1.00% 400 500 1,094 0.80% 0.50% 200 0.60% - 0.00% - 0.40% Dec'14 Dec'15 Dec'14 Dec'15 Gross
Slide 11: Sustainable improvement in asset quality
Sustainable improvement in asset quality Repco Home Finance Limited Movement in NPAs 3.5% 2.9% 3.0% 2.5% 2.5% 2.2% 2.2% 2.3% 2.0% 2.0% 2.0% 2.3% 1.7% 1.7% 1.8% 1.5% 1.5% 1.5% 1.3% 1.5% 1.6% 1.3% 1.4% 1.0% 1.3% 1.0% 0.9% 0.9% 0.5% 0.8% 1.2% 0.7% 0.5% 0.0% Gross NPA Net NPA • Owing to seasonality, Q1
Slide 12: Diversified source of funding
Diversified source of funding Repco Home Finance Limited Figures in Rs million Sources of borrowing Sources (as on Dec 31, 2015) Amount National housing Bank 9,693 100% 7% Repco Bank 4,979 9% 7% 80% 8% Commercial Banks 38,318 NCDs 4,000 60% 72% CPs 4,000 63% 40% Total 60,991 20% 20% 16% 0% Dec'14 De
Slide 13: Geographic Presence
Repco Home Finance Limited Geographic Presence Earnings Presentation February 2016
Slide 14: Expanding footprint
Expanding footprint Repco Home Finance Limited Presence in 11 states and 1 Union Territory with 113 branches and 38 satellite centres Ventured into Jharkhand in FY15 Presence beyond South: branches in West Bengal, Orissa, Maharashtra, Gujarat, Madhya Pradesh and Jharkhand Network Expansion 151
Slide 15: Region-wise loan book
Region-wise loan book Repco Home Finance Limited Key States Dec’14 Dec’15 Andhra Telangana, Others, 2.2% Pradesh, Andhra Pradesh 8.7% 8.0% 3.4% 8.0% Gujarat, Telangana 3.5% 3.4% 2.0% Gujarat 1.2% 2.0% Karnataka 12.0% 12.5% Karnataka, 12.5% Kerala 3.7% 3.7% Tamil Nadu, Kerala, 3.7% Maharastra 5.2% 5.
Slide 16: Annexure
Repco Home Finance Limited Annexure 16 Earnings Presentation February 2016
Slide 17: Shareholding pattern
Shareholding pattern Repco Home Finance Limited Outstanding shares – 62.36 mn % Major Non-Promoter Shareholders shareholding Franklin Templeton Indiaprima Fund 4.23% Bodies Individuals Parvest Equity India 3.80% Corporate s, 2.82% , 10.92% Birla Sun Life 95 Fund 3.67% SBI Magnum Multiplier Fund 3.63
Slide 18: Profit and loss statement
Profit and loss statement Repco Home Finance Limited YoY Q2 QOQ 9M YoY (Rs. million) Q3 FY16 Q3 FY15 9M FY15 (%) FY16 (%) FY16 (%) Income: Revenue from operations 2,254 1,756 28% 2,156 5% 6410 5009 28% Other Income 1 1 0 7 -88% 9 7 32% Total Income 2,255 1,757 28% 2,164 4% 6,420 5,015 28% Expenses:
Slide 19: Key metrics
Key metrics Repco Home Finance Limited Particulars (YTD) Units Dec'15 Dec'14 Mar'15 Outstanding Loan Book Rs. Mn 71,544 55,006 60,129 Networth Rs. Mn 9,245 7,860 8,057 Borrowings Rs. Mn 60,991 46,237 51,044 Gearing x 6.6 5.9 6.3 Earnings per share Rs. 17.3 14.1 19.8 Book value per share Rs. 147.8 12
Slide 20: Investor Relations contact and Safe Harbor
Repco Home Finance Limited For any Investor Relations queries, please contact: V. Raghu, Executive Director/ Bala , Investor Relations Repco Home Finance Limited Phone: +91 44 42106650 Email: [email protected] [email protected] Safe Harbor: This presentation may have certain statements that may b