Shalibhadra Finance Limited · BSE:SAHLIBHFI
Shalibhadra Finance — FY2025 Earnings Presentation
33 slides from Shalibhadra Finance's earnings presentation, Jun 16, 2025
Slide 1: BSE cover letter for investor presentation
CIN: L65923MH1992PLC064886 Corporate Office: 3, Kamat Industrial Estate, 396, Veer Savarkar Marg, Opp. Siddhi Vinayak Temple, Prabhadevi, Mumbai – 400 025 Phone: 022-2432 2993 / 022-2432 2994 022-2422 4575 / 022-2432 3005 E-mail: [email protected] Date: 16th June 2025 To, The Manager BSE L
Slide 2: Investor Presentation FY25
INVESTOR PRESENTATION FY25 16th June 2025
Slide 3: Agenda
AGENDA 01 02 03 04 Business Financial Outlook Management Overview Highlights and Shareholding
Slide 4: FY'25 Performance Snapshot
FY’25 Performance Snapshot Auto Financier Driving Prosperity “Resilient NBFC offering customized retail products and catering to the diversified financial needs of rural, semi- urban and other under banked geographies of Gujarat, Maharashtra, MP and Rajasthan” 365 160 1,543 8.2% 12.7% Total Revenue
Slide 5: Q4 FY25 & FY25 Performance At a Glance
Q4 FY25 & FY25 Performance At a Glance o Net Interest Income (NII) grew 14% YoY in FY25 to INR 293 Mn, reflecting strong core lending performance. Financial o In FY25, the company achieved a Pre-Provision Operating Profit of INR 232 Mn, which was a growth of 23% YoY highlighting the company's strong
Slide 6: Management Commentary on Q4 & FY25 Results
Management Commentary on Q4 & FY25 Results “We are pleased to report another year of strong growth and profitability, underpinned by prudent cost management, disciplined lending, and a resilient business model. Our technology- led operations have enhanced efficiency, enabling us to maintain a solid
Slide 7: Business Overview
Business Overview
Slide 8: Our Vision, Our Mission
Shalibhadra Finance - Empowering Rural Mobility Financing the Heartland of Bharat OUR VISION Bridging Geographic Empowering the To cater to the diverse financial needs of Disparities Underbanked rural India OUR MISSION Addressing the Reducing Dependence To become leading NBFC serving rural & Financi
Slide 9: Diversified Product Offerings
Diversified Product Offerings Simple, Speedy, Small Ticket Asset Financing Products with High Yields New Two-Wheeler Loans Used Two-Wheeler Loans Used Three/Four-Wheeler Loans Customer Offering loan for purchase of new Used Two-wheeler loans to Loan against pre-owned three/four- Target two wheelers
Slide 10: Strong Distribution Network
Strong Distribution Network Branch Network Spread Across Three Different States in India… Branch Network (in Nos.) With a network of 53 branches, currently the 1 company serves a total of 41 districts across these three states. The company has established partnerships with dealers, brokers, and serv
Slide 11: Rural Resilient Business Model
Rural Resilient Business Model Transforming Challenges into Competitive Advantages Seasonal Income-Centric Repayment Informal Credit Rating System Structure o Recognition that CIBIL scores may not o Customized repayment plans aligned be reflective of rural realities. with the seasonal income pattern
Slide 12: Distinctive Attributes Fuelling Success
Distinctive Attributes Fuelling Success Positioning Ourselves as a Distinguished Player in the Industry. Loyalty Enriched 40% Repeat Customer Base: A testament to our commitment and service excellence, nearly 40% of our customers choose us again, demonstrating the trust we've earned. Stability in Wo
Slide 13: Seamless Digital Customer Onboarding
Seamless Digital Customer Onboarding Leveraging Technology from Origination to Disbursement Implementing Digital API Collections LOS & LMS Onboarding Integrations o Introduction of LMS and LOS o Streamlined end-to-end digital o Integrating multiple APIs such as o Partnering with several payment mark
Slide 14: Strategic Capabilities
Strategic Capabilities Navigating Challenges, Seizing Market Opportunities Intrinsic Capabilities… Brand Strength Well Established Relationships Retail Franchise o Engaged in Auto Finance Business o Strong connections with dealers and brokers, forming o Advances spread over large customer and for th
Slide 15: With Strong Focus on Core Inherent Strengths
With Strong Focus on Core Inherent Strengths… Unique Business Model Quick Disbursements Robust Credit Assessment Focus on “Difficult to Reach Sufficient Capital Adequacy Leveraging Technology Areas” 100% Cashless Strong Workforce Flexible Repayment Options Disbursements Driving Financial Empowerment
Slide 16: Proven Model Despite COVID Stress
Proven Model Despite COVID Stress Efficiently Managed Asset Quality Gross NPA (%) Net NPA (%) 3.56% 3.48% 2.67% 3.22% 2.28% 2.86% 2.87% 1.69% 0.81% 0.74% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 o Demonstrated robustness in managing asset quality, maintaining stability and reliability durin
Slide 17: Financial Highlights
Financial Highlights
Slide 18: Superior Financial Performance Continues
Superior Financial Performance Continues… Net Interest Income (NII) Pre-Provision Operating Profit (PPOP) 232 293 258 189 202 140 152 101 123 77 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Profit After Tax (PAT) Earnings Per Share (EPS) 160 17.9 17.3 15.3 120 11.5 84 60 7.0 35 FY21 FY22 FY23 F
Slide 19: Healthy Performance on Operational Front
Followed by Healthy Performance on Operational Front… AUM Disbursements 1,800 1,076 927 838 1,379 688 1,291 1,153 549 1,097 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Borrowings Net Worth 624 1,543 567 579 551 375 968 782 576 452 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 18 Note : All
Slide 20: With Significantly Higher Margins
With Significantly Higher Margins… Yields on Advances (%) Cost of Funds (%) 24.2% 12.8% 22.4% 22.0% 12.0% 19.6% 11.6% 11.5% 18.4% 11.1% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Spreads (%) NIMs (%) 12.7% 11.0% 19.7% 18.9% 9.6% 16.8% 8.0% 13.7% 6.4% 11.5% FY21 FY22 FY23 FY24 FY25 FY21 FY22 F
Slide 21: Improving Efficiency and Return Ratios
And Improving Efficiency and Return Ratios… Credit Costs (%) Cost – Income (%) 40.4% 2.4% 34.7% 2.2% 2.1% 32.1% 28.3% 1.7% 1.7% 25.6% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 RoA (%) RoE (%) 8.2% 13.7% 7.6% 12.7% 12.3% 11.7% 6.1% 5.1% 8.1% 3.1% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 F
Slide 22: Comfortable Liquidity and ALM Statement
Comfortable Liquidity and ALM Statement Liquidity Statement as on 31st March 2025 Cumulative Inflows (INR Mn) Cumulative Outflows (INR Mn) 1,954 1,503 1,071 654 411 276 178 270 270 88 20 106 0 - 1m 1 - 3m 3 - 6m 6m - 1y 1 - 3y >3y Cumulative Positive Gap 67 170 476 801 1,233 1,543 Cumulative (%) 332
Slide 23: Profit & Loss Statement
Profit & Loss Statement Particulars (INR Mn) FY21 FY22 FY23 FY24 FY25 Interest Earned 206 221 274 323 346 Interest Expended 83 69 72 65 53 Net Interest Income 123 152 202 258 293 Other Income 6 3 3 5 19 Operating expense 52 54 66 74 80 - Employee cost 26 29 32 38 41 - Depreciation 1 1 1 1 1 - Others
Slide 24: Profit & Loss (Du-Pont Analysis)
Profit & Loss (Du-Pont Analysis) Particulars (DuPont on AUM) FY21 FY22 FY23 FY24 FY25 NIM 11.2% 14.0% 17.2% 20.0% 18.7% Other Income 0.5% 0.2% 0.3% 0.4% 1.2% NIM + Non-Interest Income 11.7% 14.2% 17.5% 20.4% 19.9% Cost/Income 40.3% 34.7% 32.1% 28.3% 25.6% OpEx 4.7% 4.9% 5.4% 5.8% 5.1% Operating Prof
Slide 25: Outlook
Outlook uit] Feige os bigs Ge
Slide 26: Future Driving Forces
Future Driving Forces Growing 2-Wheeler Loan Market in India Acceleration to be Driven By… Value of Two-Wheeler Loan Market in India (bn USD) 14.6 6.4% CAGR Large Millennial and GenZ Base 3.5% CAGR 8.3 Increased Ownership of 2W Vehicles 7.2 Significant Shift in Borrowing Trends 2020 2024 2033E Risin
Slide 27: Huge Market Opportunity in Near Term
Huge Market Opportunity in Near Term Accelerating 2-Wheeler Demand in India Indian Two-Wheeler Market (mn units) Production-wise Domestic Market Share in FY25 (%) 16.3 86.4 3.3 3.4 18.0 19.6 77 Two Wheelers Three Wheelers 2024 2025 2032 Passenger Vehicles Commercial Vehicles ➢ In FY25, two-wheelers
Slide 28: Well Capitalized to Capture the Surge in Demand
… We Are Well Capitalized to Capture the Surge in Demand Consolidated Networth (INR Mn) Capital Adequacy (%) 1,543 85.7 70.2 968 60.6 782 50.0 576 452 36.7 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 + + = Adequate cash Strong capital Significant Headroom 3x AUM in medium term position on bala
Slide 29: Roadmap for Next 2 Years
To Achieve the Roadmap for Next 2 Years… 01 AUM 02 Branches 03 Product Mix 04 Borrowing 05 Geography Target to take AUM to Surpass 100 branches Adding new products like To lower the cost of Plans to further expand INR 2,750 Mn by FY27 by FY27 compared to Used Tractor Loan, Salaried funds; increasing
Slide 30: Key Management Personnel and Shareholding
Key Management Personnel and Shareholding
Slide 31: Experienced Management
Experienced Management Minesh M Doshi Vatsal M Doshi Jane Doe Managing Director Executive Director ❑ Founder and Promoter of the Shalibhadra Finance ❑ More than 6 years' experience in finance, marketing Limited. and operation of Vehicle financing ❑ More than 3 decades of experience in finance, and ❑
Slide 32: Shareholding Pattern
Shareholding Pattern Market Capitalization^ Rs 4,132 Mn | US$ 48.4 Mn Net Worth (FY25) Rs 1,543 Mn Paid-up Equity (FY25) Promoter Group Rs 77 Mn 44.6% 55.4% FV Rs 10 Others Dividend Per Share (FY25) Rs 0.40 ^Market capitalization on BSE as of 31st Mar’25 1 US$ = ₹ 85.42 31
Slide 33: Thank You
THANK YOU INVESTOR RELATIONS Ms. Darshana Chauhan Mr. Rajat Gupta Company Secretary Go India Advisors Email: [email protected] Email: [email protected]