Veefin Solutions Ltd. · BSE:VEEFIN
Veefin Solutions — FY2024 Earnings Presentation
24 slides from Veefin Solutions's earnings presentation, Apr 29, 2024
Slide 1: Regulation 30 disclosure letter to BSE
Date: April 29, 2024 To, BSE Limited The Corporate Relationship Department Phiroze Jeejeebhoy Towers, 1st Floor, Dalal Street, Mumbai – 400 001 Ref: Scrip Code: 543931 ISIN: INE0Q0M01015 Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclo
Slide 2: Veefin Solutions H2 Earnings & Update
Veefin Solutions H2 Earnings & Update Think SCF. Think Veefin. www.veefin.com www.primefocustechnologies.com
Slide 3: Agenda
Agenda 1 About Veefin 2 Product Suite 3 Performance Overview 4 Winning in the Market 5 Management Observations
Slide 4: About Veefin
About Veefin OVEEFIN
Slide 5: Numbers that speak for themselves
Numbers that speak for themselves 5+ #1 $25bn years in existence Supply Chain Finance (SCF) Platform disbursed via the platform annually – in India a number that is rapidly growing! 50+ 40+ 0% banks/NBFCs sign-ups on the years of cumulative Lending/SCF attrition in the technology function in platfor
Slide 6: Why Veefin
Why Veefin The world’s first onboarding-to-underwriting- The world’s first SCF to-transaction management-to-loan product with a Single management SCF platform Code Repository Pay-as-you-use for Most comprehensive suite of SCF lenders of all sizes products on a single platform
Slide 7: One product across Financial Institutions and Corporates
Financial Institutions Corporates Customizable SCF Programs – No matter what Once on the Veefin platform, corporates have access to a your client’s ask is, once you’re with Veefin, you comprehensive Procurement and Seller View, allowing them to have unlimited freedom to create tailored Supply seamle
Slide 8: Awards
Awards 2023 | 2024 Most Innovative Fintech Product of the Year Select 200 Companies with Leadership Club Global Business Potential Best in Wholesale Transaction Banking Best Digital Lending & Technology Leader of the Year Collections Implementation Presented Order of Merit Best Customer and Program
Slide 9: Recognized by Industry Experts
Recognized by Industry Experts “Veefin is a comprehensive SCF technology provider, offering The world’s only Financial Technology-focused research & consulting firm, an end-to-end product stack that unifies various IBS Intelligence has ranked Veefin Solutions as an Industry Leader in the IBSi requir
Slide 10: Product Suite
Product Suite
Slide 11: Loan Origination System
Loan Origination System Transform your lending processes with Veefin’s unique Low Code SaaS Loan Origination Software (LOS) With features like lightning-fast onboarding, intuitive drag-and-drop, inherently flexible and scalable, and many more, the Veefin LOS is everything you need. And more Our ligh
Slide 12: SCF Loan Management System
SCF Loan Management System Comprehensive, end-to-end SCF solution, The flagship, and most widely-utilised, component within the Veefin both for buyers and sellers platform, it provides a diverse array of functionalities to financial institutions, ranging from program management to configuring produc
Slide 13: Loan Management System
Loan Management System Instinctive workflows & an easy-to-use UI assures quicker employee adoption & faster ROI Integrated with the Core Banking System to ensure information flows to Collections, and other modules Veefin’s LMS lets users create tailor loan products with adjustable interest rate calc
Slide 14: CollectFlo | Debt Recovery and Collections
CollectFlo | Debt Recovery and Collections Intuitive debt management SaaS software, with the ability to seamlessly and securely integrate with the incumbent Loan Origination System Automatically assign accounts or cases to designated collection agents, post upload of data; All communication with bor
Slide 15: Corporates have a latent need for Supply Chain Finance
Corporates Potential (Annual Purchases – Supply Chain = Actual Supplier Bill x Average Days Payable x 3-5% have a ‘latent’ Savings Discounting) 365 need for Deep Tier Supplier These Savings can be shared between the Safeguard deep tiers of your Supply Differentiate your Supply Chain and Finance Corp
Slide 16: Performance Overview
Performance Overview
Slide 17: Strong Growth (consolidated)
Strong Growth (consolidated) (in lakhs) Revenue Annualized EPS Deal Wins Go-Lives FY 23-24 2,500 FY 23-24 FY 23-24 3.60 FY 23-24 73% FY 22-23 1,448 17 09 EBIDTA EBIDTA % FY 23-24 1,081 73% 43% FY 23-24 Net DSO 91% FY 22-23 555 38% FY 22-23 FY 23-24 144 PAT PAT % Collections FY 23-24 739 30% FY 23-24
Slide 18: Winning in the Market
Winning in the Market
Slide 19: We are focused on a rapidly-growing market
We are focused on a rapidly-growing market The Digital Lending Market is expected to increase from its estimated value of INR 88,000 Cr in 2021 to INR 170,000 Cr by 2026. The global supply chain finance market was valued at INR 50,000 Cr in 2021 and is projected to reach INR 111,000 Cr by 2031. Refe
Slide 20: A very healthy Pursuits pipeline
A very healthy Pursuits pipeline XX Total pursuits No. of pursuits where client 193 for the year 32 postponed/shelved the project No. of new > INR 50 Cr Active pursuits as of 129 pursuits added 135 1st April 2024 during the year INR 30 Cr – INR 50 Cr No. of pursuits No of pursuits 17 INR 20 Cr – WON
Slide 21: Stock Performance
Stock Performance as on 31.03.2024 Listed on – 5th July 2023 Market Cap – 690 crores Stock Price – 307 52 week high/low – 409.75 / 85.13 BSE Symbol – VEEFIN | 543931 No. of shares outstanding – 2,25,73,060 Average Daily Volume – 78,738
Slide 22: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Consolidated) Rs. In Lakhs Half Year Ended Year Ended Particulars 31st March 2023 30th September 2023 31st March 2024 31st March 2023 (Audited) (Unaudited) (Audited) (Audited) I Revenue From Operations 1,591.79 905.42 2,497.20 1,407.79 II Other Income 0.23 1.99 2.22 40.39 II
Slide 23: Contact
Contact Payal Maisheri Urja Thakkar Chief Financial Officer Company Secretary [email protected] [email protected]
Slide 24: Think SCF. Think Veefin.
Think SCF. Think Veefin. www.veefin.com © 2024 Veefin Solutions. All Rights Reserved.