Star Housing Finance Limited · BSE:STARHFL
Star Housing Finance — Investor Presentation (March 2024)
15 slides from Star Housing Finance's investor presentation, March 2024
Slide 1: Star Housing Finance Ltd Corporate Deck
Star Housing Finance Ltd CORPORATE DECK Mar 2024
Slide 2: Star HFL - Company Brief
STAR HFL - COMPANY BRIEF ABOUT US KEY FIGURES ▪ Listed on the BSE (BOM: 539017) ▪ AUM at 426.86 crs with 4300+ live accounts with Avg. Loans Size of Rs. 11 lakhs ▪ Affordable housing finance company ▪ GNPA at 1.50% and NNPA at 1.02% as of Mar 31, 2024 ▪ PAT of Rs. 8.88 crs for FY’2023-24 ▪ Registere
Slide 3: Board of Directors
BOARD OF DIRECTORS STAR HOUSING FINANCE Starhai toh bharosa hai Ashish Jain C Ilango Ajith Lakshmanan P.K Das Managing Director Independent Director Independent Director Executive Director Ex-MD CanFin Homes Ex-ED LIC of India Ex-ED IDB! Bank A aa bw b A.P Saxena Kavish Jain Neelam Tater Independent
Slide 4: Leadership Team
LEADERSHIP TEAM Murtaza Vohra Hemant Shinde Nikhil Sahu Head - Planning Head - Fund Raising Head - BIU 4
Slide 5: Becoming a Professionally Run HFC
BECOMING A PROFESSIONALLY RUN HFC COMPANY TRANSITION BUSINESS TRANSITION Before Oct 2019 As of Now Before Oct 2019 As of Now Franchise based Business Model In-house business model Old Name New Name Geographic concentration Multi-state presence Registered & 11 member team 250+ strong team Registered
Slide 6: Becoming a Professionally Run HFC (contd.)
BECOMING A PROFESSIONALLY RUN HFC (contd.) LIABILITY TRANSITION BOARD TRANSITION Before Oct 2019 As of Now Before Oct 2019 As of Now Diversified Borrowing Profile with Borrowings predominantly from focus on PSBs. Private Sector Banks, Financial Institutions FIs and the NHB Professional characteristi
Slide 7: Net Worth Strengthened Consistently
NET WORTH STRENGTHENED CONSISTENTLY 140 Figures in Rs. crs 133 120 43.79 100 11.2 2.19 21.6 ESOP I Cumulative 80 Tranche I Exercised PAT Accretion Capital Raise 60 8.2 15.5 Capital Raise III 40 30.52 Capital Raise II Capital Raise I 20 0 FY2018-19 Oct-19 Nov-21 Jul-22 Nov-22 Feb-23 Mar-24 Net worth
Slide 8: Key Portfolio Cuts as of Mar 31, 2024
KEY PORTFOLIO CUTS AS OF MAR 31, 2024 Wholesale Retail 0-60 month 61-120 month Up to 25 lakh 25-50 lakhs 1% 5% 15.00% 3.00% Product Tenure Ticket Wise Wise Size 50.00% wise 31.00% 99% 95% Gujarat Madhya Pradesh Up to 16% 16-22% 22-28% Up to 50% 50-60% 61-70% 71-80% >80% Maharashtra Rajasthan 3.00% T
Slide 9: Company Debt as of Mar 31, 2024
COMPANY DEBT AS OF MAR 31, 2024 Sanction Amt. Rs. 90.00 crs Rs. 84.75 crs* Rs. 12.00 crs Rs. 10.00 crs Rs. 12.92 crs Rs. 35.00 crs Outstanding Amt. Rs. 69.50 crs Rs. 72.61 crs Rs. 3.93 crs Rs. 7.59 crs Rs. 5.30 crs Rs. 30.39 crs No. of Credit Lines 9 3 1 1 2 2 Sanction Amt. Rs. 30.80 crs Rs. 10.00 c
Slide 10: Business Historicals
BUSINESS HISTORICALS Disbursements (In Rs. Crs.) 241 AUM (In Rs. Crs.) 207 427 195 130 300 246 65 29 29 37 150 77 95 104 0 FY'19-20 FY'20-21 FY'21-22 FY'22-23 FY'23-24 0 FY'19-20 FY'20-21 FY'21-22 FY'22-23 FY'23-24 ▪ FY’22-23 is the first growth year post capacity build up ▪ 74%+ y-o-y growth regist
Slide 11: Financial Historicals
FINANCIAL HISTORICALS Net Worth (In Rs. Crs.) Borrowings (In Rs. Crs.) 150 133.01 106.42 450 320.30 100 64.10 300 52.47 53.65 162.50 50 150 64.28 78.48 37.70 0 0 FY'19-20 FY'20-21 FY'21-22 FY'22-23 FY'23-24 FY'19-20 FY'20-21 FY'21-22 FY'22-23 FY'23-24 ▪ Sequential increase in net worth through capit
Slide 12: FY'23-24 Business and Financial Performance
FY’23-24 BUSINESS AND FINANCIAL PERFORMANCE Business Numbers: AUM increased 73.52% y-o-y to Rs. Operating & Financial Performance FY2023-24 FY2022-23 Y-o-Y 426.86 crs. The Company disbursed Rs. 240.86 crs in the (In Lakhs) Change financial year Assets Under Management 42686.17 24599.89 73.52% Asset
Slide 13: Financial Results: FY2023-24
FINANCIAL RESULTS: FY2023-24 As on Year Ended Particulars Particulars Mar 31, 2024 Mar 31, 2023 Mar 31, 2024 Mar 31, 2023 Revenue from Operations Assets Interest Income 53.95 32.35 Cash & Cash Equivalents 60.94 28.10 Bank Balances Other than Cash & Fee & Commission income 1.90 1.06 24.62 12.73 Cash
Slide 14: Disclaimer
DISCLAIMER This presentation may contain statements about events and expectations that may be “forward-looking,” including those relating to general business plans and overall growth strategy of Star Housing Finance Limited (“Star HFL"), formerly known as Akme Star Housing Finance Limited, and its a
Slide 15: Thank You
Thank You For any questions, please connect with [email protected] www.starhfl.com
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