Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q2 FY2019 Earnings Presentation
16 slides from Can Fin Homes's earnings presentation, November 2018
Slide 1: Can Fin Homes Ltd. .. at a Glance
Can Fin Homes Ltd. .. at a Glance 31 years of vision, passion and progress Offering home loans since 1987….. and it is just a beginning Information to Investors 2QFY19 ended September 2018 www.canfinhomes.com 1
Slide 2: About us
About us ▪ 31 year old institution registered as a deposit taking HFC with NHB ▪ Promoted by Canara Bank in the year 1987 with the shareholding of 30% Legacy ▪ Listed in 1991. Carries a legacy of an uninterrupted dividend payment since inception ▪ Dominance in South (72% of Loan Book) as at Septembe
Slide 3: Board of Directors
Board of Directors Name of the Director Designation Occupation Smt. Bharati Rao Chairperson Former Dy. Managing Director (Independent) State Bank of India Shri Sarada Kumar Hota Managing Director General Manager Canara Bank (On Deputation to Can Fin Homes) Smt P.V.Bharathi Director Executive Directo
Slide 4: Performance Highlights - Q2 FY19
Performance Highlights - Q2 FY19 Disbursements for Q2 up by 7% Y-o-Y (vs a flat growth for Q1) Highest disbursement in last 4 Quarters Q2FY19 : 1443 Cr, Q1FY19: 1164 Cr, Q4FY18: 1386 Cr, Q3FY18: 1321 Cr Loan Book reached Rs.16,935 crore with a clientele base of 1.35 lakh Y-o-Y Loan Book grow
Slide 5: Performance Highlights - Q2 FY19
Performance Highlights - Q2 FY19 Amount in Rs. Crore QUARTER ENDED HYr ENDED Sl. No. Particulars SEP’18 (3m) Jun’18 (3m) SEP’17 (3m) SEP’18 (6m) SEP’17 (6m) 1 New Approvals 1521 1209 1575 2731 2760 2 Disbursements 1443 1164 1347 2607 2499 3 Outstanding Loan Book 16935 16,199 14463 16935 14463 4 Inte
Slide 6: Performance Highlights - Q2 FY19
Performance Highlights - Q2 FY19 Amount in Rs. Crore QUARTER ENDED HYr ENDED Sl. No. Particulars SEP’18 (3m) Jun’18 (3m) SEP’17 (3m) SEP’18 (6m) SEP’17 (6m) 13 Profit Before Tax & Provisions 121.59 114.13 116.59 235.73 227.86 14 Provision for SA & NPA -- -- 4.15 -- 12.11 15 Profit Before Tax 121.59
Slide 7: Reconciliation of PAT @ Sep'17 (GAAP ~ Ind AS)
Reconciliation of PAT @ Sep’17 (GAAP ~ Ind AS) Amount in Rs. Crore HYr ended Sl. No. Particulars Sep 30, 2017 1 Net Profit reported as per erstwhile Indian GAAP 146.21 2 Amortisation of processing fees 0.00 a. Impact due to amortisation of processing fee over term of loan (9.03) b. Deemed Interest I
Slide 8: Key Financial Ratios - Q2 FY19
Key Financial Ratios - Q2 FY19 Amount in Rs. Crore PERIOD ENDED Sl. No. Particulars SEP’18 JUN’18 SEP’17 1 Return on Avg Assets (Annualised) 1.88 1.89 2.03 2 Return on Avg Equity (Annualised) 21.63 21.75 24.71 3 Earning Per Share (Rs.) 11.48 5.66 10.52 4 Net Interest Margin (%) 3.17 3.18 3.64 5 Yiel
Slide 9: Lending Basket
Lending Basket Category-wise Product-wise Distribution of Loan Book Sl . Category/Product June-17 Sept-17 Dec-17 Mar-18 Sep-18 No. O/s Amt. O/s Amt. O/s Amt. O/s Amt. O/s Amt. 1 Salaried & Professionals i) Housing Loans 9,450 9,814 10,195 10,665 11,294 ii) Top-up Personal Loans 298 314 304 338 369 i
Slide 10: Funding Basket
Funding Basket Funding Mix @ Sept 2017 (as %) Funding Mix @ Sept 2018 (as %) DEP DEP 2% BANKS 2% 19% Market Borrowings BANKS 46% Market 45% Borrowings 60% NHB 19% NHB 7% • Backed by strong AAA ratings for our borrowing/NCD & A1+ for CP programs • Cost of borrowings contained at 7.83% ( vs 7.73% at J
Slide 11: Liquidity Position
Liquidity Position Amount in Rs. Crore Particulars For Q3FY19 For Q4FY19 For Q1FY20 ending Dec.18 ending Mar.19 ending Jun.19 Un-availed limits as on 30/9/2018 1,626.34 856.34 706.34 (Opening Balnace) Add: Collections 1,200.00 1350.00 1700.00 Less: Interest and principal 2420.00 2500.00 751.00 repay
Slide 12: Branch network
Branch network (152 branches + 21 AHLCs + 14 Satellite Offices) Punjab – Jalandhar Tamilnadu - Hosur, Chennai (9 branches) , Madurai, Namakkal, Trichy, Coimbatore, Salem, Erode, Chandigarh Vellore, Thiruchengode, Dindigul, Karur, Rajasthan – Alwar, Jaipur, Virudhunagar, Tirunelveli, CBE- P N Palyam,
Slide 13: Strategic Initiatives
Strategic Initiatives Affordable Housing Loan Centres (AHLCs) .. 21 as of now .. Planned 30 by year end Upcountry units dedicated to cater to GRHS / LUH / CLSS (PMAY) .. opened by upgradation of erstwhile SOs Introduction of Centralised Processing Centre (CPC) and Centralised Collection Centre (
Slide 14: Strategic Initiatives
Strategic Initiatives Branch expansion focus on Tier II/III Growth Centres .. Pan India Network increased from 41 branches as at Mar’11 .. to 140 at Mar’16 .. to 187 now (173 Br/AHLCs + 14 SOs) Of this Non- South network increased from 18 branches at Mar’11 .. to 40 at Mar’16 .. to 69 now 39 bra
Slide 15: Future Outlook
Future Outlook Vision 2022 : Loan book size of Rs.40,000 Cr by the end of FY2022 (CAGR of 26%) Business Budget for 2018-19: Loan book size of Rs.19,500 Cr vs Rs.15,743 Cr at Mar’18 (+24%) Branch Expansion Plan for 2018-19: 21 New Branches in growth centres (19 already opened in Q2) Total Net
Slide 16: Thank You
The forward looking statements and projections, if any, contained in this presentation are predictions and involve known and unknown risks, uncertainties and other factors including the future changes or developments, the competitive environment, ability to implement the strategies and initiatives,