LIC Housing Finance Ltd · NSE:LICHSGFIN
LIC Housing Finance — Q3 FY2017 Earnings Presentation
21 slides from LIC Housing Finance's earnings presentation, January 2017
Slide 1: Q3 FY17 Investor Update
7 aa See: LIC HOUSING FINANCE LTD Q3 FY17 Investor Update
Slide 2: A Journey of 27 Years…
A Journey of 27 Years… • Best HFC by ABP 2016 News •Business Today- 2015 Best CEO Award 2014 •Crosses Rs 1 • Business World lakh cr in -Most Respected •Crossed Rs. 1000 cr profit & Co Award Rs 75,000 Cr assets portfolio •Best Housing •Outlook Money- 2013 Finance Co. by Best HFC BFSI Awards •Best HFC
Slide 3: Executive Summary – Q3 FY17
Executive Summary – Q3 FY17 Q3 FY17 PAT at Rs 499.26 cr as against Rs 418.90 up 19% Q3 FY17 Revenue from operations up by 13% to Rs 3513 cr Outstanding Loan portfolio up by 15% to Rs. 135366 cr Individual Loan Portfolio up by 15% to Rs 130878 cr Q3FY17 Loan Disbursements Rs 9684 cr against
Slide 4: Update – last 5 years
Update – last 5 years Disbursement (Rs. Cr) CAGR 16% Loan Portfolio (Rs.cr) CAGR 19% Income (Rs. cr) CAGR 19% Profit After Tax (Rs. cr) CAGR 16% 4
Slide 5: Update – last 5 years
Update – last 5 years Gross & Net NPAs Total Provisions* (Rs cr) Operating Expense to Total Income Profit per employee (Rs. lacs) * Provisions Including Provisions on Std. Assets & Teaser Loans 5
Slide 6: Update – last 5 years
Update – last 5 years EPS (Rs) (Rs 2 pd up) Book Value (Rs)(Rs 2 pd up) Return on Avg Equity Return on Avg Loan Assets 6
Slide 7: Geographic Presence
Geographic Presence Corporate office • 7 Regional Offices Regional offices Amritsar Jalandhar Back offices Operating offices • 21 Back Offices Shimla • 245 Marketing Offices Ludhiana Ambala Chandigarh Bhatinda Patiala Dehradun Hisar Noida Karnal • Rep offices in Dubai & Kuwait Meerut Haldwani Gurgao
Slide 8: Distribution Network
Distribution Network HOME LOAN AGENTS (HLAs) (Agents of LIC) 245 DIRECT SALES AGENTS (DSAs) (Small Firms/Companies etc) Marketing Offices CUSTOMER RELATIONS ASSOCIATES (CRAs) (Individual Agents) 39 branches of LICHFL Financial Services (100% subsidiary of LICHFL) 8
Slide 9: Origination Pattern & Average Ticket Size
Origination Pattern & Average Ticket Size 9
Slide 10: Loan Book Composition
Loan Book Composition 31.12.2016 30.09.2016 O/s Portfolio Rs. 135366 cr O/s Portfolio Rs. 131096 cr 10
Slide 11: Individual Loans – Portfolio Stats
Individual Loans – Portfolio Stats Pure Floating Rate Loans* Loan To Value Ratio To Outstanding Portfolio (See Note below) On Incremental Sanctions As of FY15 37% For FY15 50.94% As of FY16 47% For FY16 46.61% As of 9MFY17 62% For 9MFY17 46.07% Prepayment Installment to Net Income Ratio Lump Sum/ op
Slide 12: Executive Summary-Q3FY17
Executive Summary-Q3FY17 Rs in Cr % Var Dec-16 Dec-15 % Var 9M FY17 9M FY16 Q3FY17 Q3FY16 Interest Income on Individual Loans 13% 3384.81 3005.01 13% 9905.04 8770.36 Interest Income on Project Loans 32% 127.72 96.74 32% 362.12 274.83 Total Interest Income 13% 3512.53 3101.75 14% 10267.16 9045.19 Pro
Slide 13: Executive Summary-Q3FY17
Executive Summary-Q3FY17 Rs cr % Var Dec-16 Dec-15 % Var 9M FY17 9M FY16 Disbursements Q3FY17 Q3FY16 Individual 8555 8067 24374 21953 Project 1129 354 1975 981 Total 9684 8421 26349 22935 Borrowings during the period 13967 11603 37419 29351 Net Interest margins 2.75% 2.58% 2.67% 2.51% Incremental Co
Slide 14: Financial Highlights
Financial Highlights 9M FY2017 9M FY2016 Return on Average Equity (%) 19% 19% Return on Average Assets (%) 1.5% 1.4% Earnings per share (on Rs 2 pd up) 27.78 24.03 Capital Adequacy Ratio Sept 2016 Sept 2015 Tier I 13.99 12.46 Tier II 2.65 3.04 Total 16.63 15.51 14
Slide 15: Liability Profile
Liability Profile as on 31.12.2016 Outstanding Borrowings – Rs. 119428 cr Source Wtd Avg Cost FCNRB Loans 0.4% (%) NHB CP Banks 9.50% 2.4% 0.7% Bank 9.2% Deposits Non Convertible Debenture 8.75% 4.3% Deposits 8.37% Sub. Debt & National Housing Bank 8.57% Upper Tier II 2% FCNRB Loans 9.66% Sub. Debt
Slide 16: Change in Liability Mix
Change in Liability Mix BankBank Funding funding has down from from reduced 32% in FY12 to 32%9.2% in Q3FY17. in FY12 to 25%Retail in FY14. Deposits have Retail alsoDeposits increased in the increased to 2.2% same period Wtd. Avg. cost 8.80% 8.94% 9.08% 9.14% 9.48 of Funds 16
Slide 17: Yield & Cost of Funds on portfolio
Yield & Cost of Funds on portfolio 17
Slide 18: NIMs
4 ape orl, LIC HOUSING FINANCE LTD 3.00% 4 NIMs (for the quarter) 2.75% 2.50% +4 2.30% 2.19% 2.23% 2.36% 2.00% T T T T 1 T T 1 T T 1 T T 1 1 QUFY14 Q2FY14 Q3FY14 Q4FY14 QIFY15 Q2FY15 Q3FY15 Q4FY15 QUFY16 Q2FY16 Q3FY16 Q4FY16 QUFY17 Q2FY17 Q3FY17 18
Slide 19: Gross & Net NPAs
Gross & Net NPAs 31.12.2016 31.12.2015 Gross NPA (Rs. cr) 759 682 Gross NPA (%) 0.56% 0.58% Provisions for NPA (Rs. cr) 398 308 Net NPA(%) 0.27% 0.32% Provisions incl standard asset prov.(Rs. cr) 969 788 Provisions cover incl standard asset prov.(%) 128% 116% 19
Slide 20: Gross & Net NPAs
4 ape orl, LIC HOUSING FINANCE LTD 0.80% 0.80% + 0.70% + 0.60% + gs90 0.50% + 0.40% + 0.30% + 0.20% + Gross & Net NPAs 0.81% 0.80% 0.60% 0.60% 4 cao, 0.49% 0.28% 0.28% Q1 FY14 Q2FY14 Q3FY14 Q4FY14 QUFY15 Q2FY15 Q3FY15 Q2FY16 == Gross NPA == Net NPA Q3FY16 Q1FY17 Q2FY17 Q3FY17 20
Slide 21: Thank you
Thank you DISCLAIMER This presentation is made purely for information. We have attempted to provide relevant information which we believe will help in knowing the Company. The users may use their own judgment and are advised to make their own calculations before deciding on any matter based on the i
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