Repco Home Finance Ltd. · NSE:REPCOHOME
Repco Home Finance — Q1 FY2016 Earnings Presentation
19 slides from Repco Home Finance's earnings presentation, August 2015
Slide 1: Earnings Presentation Q1FY16
Repco Home Finance Limited Earnings Presentation Q1FY16 www.repcohome.com Earnings Presentation August 2015
Slide 2: Agenda
Agenda Repco Home Finance Limited Q1FY16 Performance ► Business summary…………………………………………….……..04 ► Financial performance ………………………… …………….05-10 ► Diversified source of funding…………..……………………..…..11 Geographic Presence ► Expanding footprint.………………………………………………..13 ► Region-wise loan book.……………………………
Slide 3: Q1FY16 Performance
Repco Home Finance Limited Q1FY16 Performance Earnings Presentation August 2015
Slide 4: Business Summary
Business Summary Repco Home Finance Limited • Loans outstanding (June 30, 2015) Rs. 63,442 mn • Net worth (June 30, 2015) Rs. 8,428 mn • Average loan per unit Rs. 1.2 mn • Number of live accounts 59,428 • Current Employee Strength 571 • Cost to Income ratio 21.1% • Capital Adequacy Ratio 20.0% (Prov
Slide 5: Robust growth continues in Q1FY16
Robust growth continues in Q1FY16 Repco Home Finance Limited Figures in Rs Million Total Income Net Interest Income Profit after Tax Q1FY16 664 302 2,001 28% 22% 25% Q1FY15 1,561 530 248 Loan Book Sanctions Disbursements Q1FY16 63,442 6,617 5,801 30% 38% 40% Q1FY15 48,923 4,811 4,146 5 Earnings Pres
Slide 6: 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 7,000 6,617 65,000 63,442 60,000 6,000 5,801 55,000 48,923 50,000 4,811 5,000 45,000 4,146 40,000 4,000 35,000 30,000 3,000 25,000 Q1FY15 Q1FY16 20,000 Sanction
Slide 7: 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 2,000 700 664 2,000 1,560 600 530 1,500 500 400 1,000 300 200 500 100 - - Q1FY15 Q1FY16 Q1FY15 Q1FY16 Net profit Cost to income ratio 350 Excluding 302 21.1% ESOP cha
Slide 8: And steady profitability ratios
And steady profitability ratios Repco Home Finance Limited Net interest margin Spread 5.0% 3.0% 2.8% 2.9% 4.4% 4.3% 4.0% 2.5% 2.0% 3.0% 1.5% 2.0% 1.0% 1.0% 0.5% 0.0% 0.0% Q1FY15 Q1FY16 Q1FY15 Q1FY16 Return on average net worth (TTM) Return on assets (TTM) Note – Post DTL profits 18.0% 16.5% 16.4% 3.
Slide 9: Increased focus on asset quality & provisioning
Increased focus on asset quality & provisioning Repco Home Finance Limited Figures in Rs Million Gross NPA Net NPA 2.49% 1,200 1.80% 2.50% 2.22% 1.60% 1,500 1,000 1.60% 2.00% 1.29% 1.40% 800 1.50% 1.20% 1,000 600 1,406 1.00% 1.00% 1,218 400 774 810 500 0.80% 0.50% 200 0.60% - 0.00% - 0.40% Q1FY15 Q1
Slide 10: Sustainable improvement in asset quality
Sustainable improvement in asset quality Repco Home Finance Limited Movement in NPAs 3.5% 2.9% 3.0% 2.6% 2.5% 2.5% 2.2% 2.2% 2.1% 2.0% 2.0% 2.0% 2.3% 1.6% 1.6% 2.0% 1.5% 1.5% 1.5% 1.3% 1.6% 1.5% 1.3% 1.0% 1.3% 1.6% 1.2% 1.0% 0.9% 0.5% 0.7% 0.8% 0.5% 0.0% Gross NPA Net NPA • Owing to seasonality, Q1
Slide 11: Diversified source of funding
Diversified source of funding Repco Home Finance Limited Figures in Rs million Sources of borrowing Sources (as on June 30, 2015) Amount Banks 36,834 100% 2% (CPs) 10% 2% (NCDs) National Housing Bank 10,320 90% 9% 80% Repco Bank Ltd 4,885 70% Non Convertible Debentures (NCDs) 1,000 60% 64% Commercia
Slide 12: Geographic Presence
Repco Home Finance Limited Geographic Presence Earnings Presentation August 2015
Slide 13: Expanding footprint
Expanding footprint Repco Home Finance Limited Presence in 11 states (including Telangana) and 1 Union Territory with 108 branches and 38 satellite centres Ventured into Jharkhand in FY15 Presence beyond South: branches in West Bengal, Orissa, Maharashtra, Gujarat, Madhya Pradesh and Jharkhand
Slide 14: Region-wise loan book
Region-wise loan Repco Home Finance Limited Others, 2.2% Andhra Pradesh, 8.6% Telangana, 3.4% Gujarat, 1.8% Karnataka, 12.4% Tamil Nadu, Kerala, 3.7% 62.5% Maharastra, 5.4% Earnings Presentation August 2015 14
Slide 15: Annexure
Repco Home Finance Limited Annexure 15 Earnings Presentation August 2015
Slide 16: Shareholding pattern
Shareholding pattern Repco Home Finance Limited Outstanding shares – 62.36 mn % Major Non-Promoter Shareholders shareholding Smallcap World Fund, Inc 4.07% Bodies Corporates, Individuals, Parvest Equity India 3.46% 3.50% 12.52% India Capital Fund Limited 3.09% Goldman Sachs India Fund Limited 2.53%
Slide 17: Profit and loss statement
Profit and loss statement Repco Home Finance Limited QOQ (Rs. million) Q1 FY16 Q1 FY15 YoY (%) Q4 FY15 (%) FY15 FY14 YoY (%) Income: Revenue from operations 2,000 1,560 28% 1,913 5% 6922 5341 30% Other Income 1 1 0 1 -47% 8 12 -31% Total Income 2,001 1,561 28% 1,915 5% 6,930 5,353 29% Expenses: Inte
Slide 18: Key metrics
Key metrics Repco Home Finance Limited Particulars Units Q1 FY15 Q1 FY16 Outstanding Loan Book Rs. Mn 48,923 63,442 Sanctions Rs. Mn 4,811 6,617 Disbursements Rs. Mn 4,146 5,801 Income from Operations Rs. Mn 1,560 2,000 Net Interest Income Rs. Mn 530 664 PAT Rs. Mn 248 302 Networth Rs. Mn 7,189 8,42
Slide 19: For any Investor Relations queries, please contact
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