LIC Housing Finance Ltd · NSE:LICHSGFIN
LIC Housing Finance — Q4 FY17 Earnings Presentation
21 slides from LIC Housing Finance's earnings presentation, May 2017
Slide 1: Q4 FY17 Investor Update
7 aa See: LIC HOUSING FINANCE LTD Q4 FY17 Investor Update
Slide 2: A Journey of 28 Years
A Journey of 28 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 – Q4 FY17
Executive Summary – Q4 FY17 Q4 FY17 PAT at Rs 529.19 cr as against Rs 448.02 up 18% Q4 FY17 Revenue from operations up by 12% to Rs 3643 cr Outstanding Loan portfolio up by 15% to Rs. 144534 cr Individual Loan Portfolio up by 14% to Rs 139024 cr Q4FY17 Loan Disbursements Rs 15192 cr agains
Slide 4: Update – last 5 years
Update – last 5 years Disbursement (Rs. Cr) CAGR 14% Loan Portfolio (Rs.cr) CAGR 17% Income (Rs. cr) CAGR 16% Profit After Tax (Rs. cr) CAGR 17% 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 31.03.2017 31.12.2016 O/s Portfolio Rs. 144534 cr O/s Portfolio Rs. 135366 cr 10
Slide 11: Individual Loans – Portfolio Stats
Individual Loans – Portfolio Stats Pure Floating Rate Loans Loan To Value Ratio To Outstanding Portfolio On Incremental Sanctions As of FY15 37% For FY15 50.94% As of FY16 47% For FY16 46.61% As of FY17 70% For FY17 44.82% Prepayment Installment to Net Income Ratio Lump Sum/ opening book On Incremen
Slide 12: Executive Summary-Q4FY17
Executive Summary-Q4FY17 Rs in Cr % Var Mar-17 Mar-16 % Var FY17 FY16 Q4FY17 Q4FY16 Interest Income on Individual Loans 11% 3454.31 3107.61 12% 13359.35 11877.96 Interest Income on Project Loans 58% 155.24 98.05 39% 517.36 372.88 Total Interest Income 13% 3609.55 3205.66 13% 13876.71 12250.84 Proces
Slide 13: Executive Summary-Q4FY17
Executive Summary-Q4FY17 Rs cr % Var Mar-17 Mar-16 % Var FY17 FY16 Disbursements Q4FY17 Q4FY16 Individual 11% 13960 12576 11% 38334 34529 Project 92% 1232 640 98% 3207 1622 Total 15% 15192 13216 15% 41541 36151 Borrowings during the period 10% 17178 15625 21% 54597 44976 Net Interest margins 2.97% 2
Slide 14: Financial Highlights
Financial Highlights FY2017 FY2016 Return on Average Equity (%) 19.1% 19.6% Return on Average Assets for qtr (%) 1.43% 1.44% Earnings per share (on Rs 2 pd up) 38.26 32.91 Dividend per Share (on Rs 2 pd up) 6.20 5.50 Capital Adequacy Ratio Sept 2016 March 2016 Tier I 13.99 13.86 Tier II 2.65 3.18 To
Slide 15: Liability Profile
Liability Profile as on 31.3.2017 Outstanding Borrowings – Rs. 126335 cr Source Wtd Avg Cost FCNRB Loans (%) NHB 0.4% 3.0% CP Bank Banks 8.63% 1.8% 9.1% Deposits Non Convertible Debenture 8.64% 5.0% Deposits 8.15% SUB DEBT & National Housing Bank 8.35% UPPER TIER II 2.0% 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%9.1% in FY17. in FY12 to Retail 25%Deposits in FY14. have also Retail Depositsin the increased increased to 2.2% same period Wtd. Avg. cost 8.59% 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
a a 4 w Oo z < = as oO 2 2) P| ° <= oO pz 3s z NIMs (for the quarter) 2.40% 3s So 2 nN 2.19% 2.23% 2.20% 3.00% + 2.50% +4 2.00% ZLAdvO ZLAKED ZLAATO ZLAALO 9LAdvO 9LAAED 9LAAZO QLAALO SLAdvO SLAAED SLAd 2D SLAALO vlAdvo vlLAded vlLAdZO vLAALO 18
Slide 19: Gross & Net NPAs
Gross & Net NPAs 31.03.2017 31.03.2016 Gross NPA (Rs. cr) 627 568 Gross NPA (%) 0.43% 0.45% Provisions for NPA (Rs. cr) 422 297 Net NPA(%) 0.14% 0.22% Provisions incl standard asset prov.(Rs. cr) 1038 820 Provisions cover incl standard asset prov.(%) 166% 144% 19
Slide 20: Gross & Net NPAs
4 ape orl, LIC HOUSING FINANCE LTD 0.80% 0.80% + 0.70% + 0.60% + 0.50% + 0.40% + 0.30% + 0.20% + 0.10% + Gross & Net NPAs yaar revi 0.56% NY Ne Q1 FY14 Q2FY14 Tt Tt wo wo wo wo o o o o ~~ ~~ ~~ ~~ =~ ~*~ 2 2 2 2 ff F F SF F EF FE ~ + + +} +} FY FY FF FF YY FY FY YY uw uw uw uw mw Ww Ww Ww Ww uw uw u
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