Escorts Investment Bank Limited · PSX:ESBL
Escorts Investment Bank — Corporate Update (July 2021)
16 slides from Escorts Investment Bank's corporate update, July 2021
Slide 1: Corporate Briefing
CORPORATE BRIEFING ANNUAL ACCOUNT 2020 & QUARTERLY ACCOUNTS – FY 2021 Muhammad Usman Khalid, ACA
Slide 2: Contents
CONTENTS 1) Brief introduction 2) Company Timelines 3) Board of Directors 4) Branch Network & Credit Rating 5) Challenges posed by CORONA 6) Financial Highlights 7) Questions / Answer Session
Slide 3: Brief Introduction
1. Brief Introduction EIBL is a premier institution offering innovative financial solution to corporate, financial and individual investor through wide range of products and services ▪ Escorts Investment Bank Limited (EIBL) is a Non-Banking Financial Institution with valid IFS license. It was regist
Slide 4: Company Timelines
2. Company Timelines Accomplishing More in Less Time On January 08, 2018, Bahria Town (Private) Limited, a leading real estate developer, Bank’s credit rating improved The bank expanded its EIBL, a Non-Banking acquired 33,628,176 shares of the significantly in a short period of microfinance operatio
Slide 5: Board of Directors
3. Board of Directors Ms. Zainab Malik Mr. Naveed Amin Chairperson/ Director CEO/ Director Ms. Zainab Malik has been serving as Director in Niche Mr. Naveed Amin is a Fellow Member of Institute of Chartered Lifestyle (Private) Limited since 2019. She has been a Accountants of Pakistan and is serving
Slide 6: Board of Directors
3. Board of Directors Mr. Karim Hatim Khawaja Nadeem Abbas Syed Tahir Nawazish Mr. Tahir Saeed Effendi Syed Aamir Ahsan Independent Director Director Director Director Independent Director Khawaja Nadeem Abbas is an Mr. Tahir Nawazish is currently Mr. Tahir Saeed Effendi is Mr. Aamir Ahsan is a grad
Slide 7: Branch Network
4. Branch Network HEAD OFFICE Alfalah Building, First Under Development branches: Floor, Sector – B, Bahria SAMBRIAL BRANCH Town, Mohlanwal, Lahore RAWALPINDI/ISLAMABAD BRANCH SHEIKHUPURA BRANCH GOJRA BRANCH HAFIZABAD BRANCH RAIWIND BRANCH KARACHI BRANCH LAHORE BRANCH ELLAHABAD BRANCH NANKANA BRANCH
Slide 8: Credit Rating
4. Credit Rating PACRA has revised the company’s credit rating with stable outlook Short Term Rating is A2 A satisfactory capacity for timely repayment. This may be susceptible to adverse changes in business, economic, or financial conditions. Long Term Rating is A- High credit quality. Low expectat
Slide 9: Challenges posed by CORONA
5. Challenges posed by CORONA Strain over financial lending • Complete lockdowns impacted credit health of borrowers. Keep customers intact • EIBL successfully managed, during 1st wave, to keep intact the borrowers and its recoveries. Steep reduction in KIBOR • Steep reduction in KIBOR of 6.25% redu
Slide 10: Financial Highlights: Revenue and Expenditure Analysis
6. Financial Highlights REVENUE AND EXPENDITURE ANALYSIS Total Revenue 300,000 Total revenue has increased immensely since previous year 250,000 ACQUISITION YEAR and this is primarily due to increase in finance portfolio and 200,000 mark-up income on investments. The Company reports 150,000 revenue
Slide 11: Financial Highlights: Composition of Finance Portfolio
6. Financial Highlights COMPOSITION OF FINANCE PORTFOLIO Finance Portfolio 30 June 2020 Finance Portfolio 31 March 2021 4% 1% House finance House finance 40% 45% Micro finance Micro finance 56% 54% Term finance Other finance Portfolio Composition of 296 m: Portfolio Composition of 278 m: HF: 166 mil
Slide 12: Statement of Financial Position (Assets)
6. Financial Highlights STATEMENT OF FINANCIAL POSITION June 30, 2020 September 30, 2020 December 31, 2020 March 31, 2021 ASSETS ------------------------------------------Rupees------------------------------------------ NON-CURRENT ASSETS Property and equipment 190,478,756 185,171,470 201,658,663 19
Slide 13: Statement of Financial Position (Equity and Liabilities)
6. Financial Highlights STATEMENT OF FINANCIAL POSITION June 30, 2020 September 30, 2020 December 31, 2020 March 31, 2020 EQUITY AND LIABILITIES -------------------------------------Rupees------------------------------------- SHARE CAPITAL AND RESERVES Authorized share capital 300,000,000 ordinary s
Slide 14: Statement of Profit or Loss
6. Financial Highlights STATEMENT OF PROFIT OR LOSS June September December March 2020 2020 2020 2021 -------------------------------------Rupees----------------------------------- INCOME Profit on financing 51,770,437 17,030,294 35,875,411 53,201,159 Return on investments 44,501,722 4,619,935 9,119
Slide 15: Questions and Answer
QUESTIONS AND ANSWER
Slide 16: Thank You
THANK YOU
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