Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q4 FY2025 Earnings Presentation
38 slides from Can Fin Homes's earnings presentation, Apr 25, 2025
Slide 1: Stock exchange submission letter: Revised Investor Presentation
CAN FIN HOMES LIMITED Registered Office No. 29/1, 1st Floor, Sir M N Krishna Rao Road Near Lalbagh West Gate, Basavanagudi Bengaluru – 560 004 Tel: 080-48536192; Fax: 26565746 e-mail: [email protected] Web: www.canfinhomes.com CIN – L85110KA1987PLC008699 CFHRO SE CS LODR 136/2025 April 25, 202
Slide 2: Investor Presentation Q4FY25 - Reinforce. Rebuild. Reach Higher.
Investor Presentation Q4FY25 Reinforce. Rebuild. Reach Higher. 37 years of vision, passion and progress April 2025 Offering home loans since 1987….. and it is just a beginning
Slide 3: Legacy Focus Reach
Legacy Focus Reach • 37 year old • To promote home • Headquartered institution registered ownership across in Bengaluru as a deposit taking India, with a motto HFC with NHB of friendship • Pan-India presence finance and good with 216 branches, • Promoted by Canara service 18 Affordable Bank in the y
Slide 4: Company milestones since 1987
ET Edge 2015 Promising 2021 Brand Award to Can Fin Homes Ltd. 1989 11 more branches Rights issue of CFHL are added, including – mCap over New Delhi 1991 Loan book crossed Rs. 1000 Cr Rs. 100 Cr Successful completion of 35 Years Loan book over 2016 100th branch at Begur, Rs. 10000 Cr AUM crossed 2022
Slide 5: Company will continue its thrust on growth, asset quality, profitability and liquidity
• Company will continue its thrust on growth, asset quality, • Company intends to evolve further • Expansion of sourcing channels to profitability and liquidity. with the help of technology, duly attract different segments of • Unwavering focus on good keeping abreast with the changes in borrowers,
Slide 6: Our strengths
II • Consistent management support and guidance from the sponsor - Canara Bank. • Expertise gained over 37 years in housing 1989 finance. • Eminent personalities with rich experience on the Board • Quick, hassle free and customer friendly lending process. • Transparent and timely updation to stakeho
Slide 7: Borrowings and credit ratings
Position as on 31/03/2025 Borrowings CARE ICRA IND Ra Term Loans (Long Term Loan) AAA/Stable AAA/Stable Term Loans (Short Term Loan) A1+ NHB Borrowings AAA/Stable Commercial Papers (CPs) A1+ A1+ Non-Convertible Debentures (NCDs) AAA/Stable AAA/Stable AA+/Stable Public Deposits AAA/Stable www.canfinh
Slide 8: Board of Directors
Chairman (Promoter) Managing Director & CEO Director (Promoter) Director (Independent) Director (Independent) Director (Independent) Director (Independent) Director (Independent Deputy Managing Director (w.e.f 29/04/2024) www.canfinhomes.com 7
Slide 9: Senior management team
General Manager Company Secretary CFO and Project Implementation Total Exp: 30 Years Total Exp: 21 Years Head Service in Can Fin – 30 Years Service in Can Fin – 1 Year Total Exp: 35 Years Service in Can Fin – 35 years Chief Compliance Officer Chief Risk Officer Chief Information Officer Total Exp: 3
Slide 10: Consistency in Performance over the years
PAT GNPA 900 857 1.00% 0.91% 750 0.87% 800 0.90% 0.82% 0.80% 0.76% 700 621 600 0.70% 0.62% 0.64% 456 470 0.60% 0.55% 500 374 0.50% 0.43% 400 287 297 0.40% 300 235 157 0.30% 0.21% 200 86 0.17% 0.19% 0.20% 100 0.10% 0 0.00% FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY15 FY16 FY17 FY18 FY1
Slide 11: Loan process: lead generation to disbursement
Lead Generation Through Website, Customer Referral, Direct marketing and DSA channel. Due Diligence CKYC-UIDAI linked verification; Bank account verification through PERFIOS; Field verification of residence, employment, property in each proposal; Online PAN verification; Online ITR verification; CER
Slide 12: Documentation, collection and monitoring
Documentation Pre-filled System Generated documents - ready for Execution. Storage of Loan Centralised Document Storage. Dockets Joint vetting of security documents with empanelled advocates. Through E -NACH, Salary deduction. Collection Option for online Payment. Tie up for cash collection from Bra
Slide 13: Our digital focus areas
Our digital focus areas: Providing Creating a digital Automation and Building robust personalized and financial services digitization of and secure digital seamless services to bouquet in processes to capabilities across our customers across collaboration with make things platforms to the country so
Slide 14: Q4 FY25 highlights
1. Loan Book reached Rs. 38217 Cr (+9 % 7. Gross NPA 0.87 % & Net NPA 0.46 %. YoY) with a clientele base of 2.77 lakh. (additional management overlay available) 2. NII:Rs. 349 Cr, PBT: Rs. 279 Cr and 8. The Salaried and Professional PAT: Rs. 234 Cr. segment constitutes 70 % of the 3. NIM: 3.82 %, Ro
Slide 15: Year on Year and Sequential
* Amt in Crore Sl. Year on Year and Sequential Particulars No. Mar’25 (3m) Mar’24 (3m) Dec’24 (3m) 1 New Approvals 2650 2586 2075 2 Disbursements 2455 2314 1879 3 Outstanding Loan Book 38217 34999 37155 4 Net Interest Income 349 328 345 5 Operating Profit 295 272 291 6 ECL Provision (10) 2 22 7 Prof
Slide 16: Key ratios - quarter ended
* Amt in Crore Sl. PERIOD ENDED Particulars No. Mar’25(3m) Mar’24(3m) Dec’24(3m) 1 Return on Avg Assets (%) 2.59% 2.54% 2.25% 2 Return on Avg Equity (%) 18.47% 19.25% 17.55% 3 Earning Per Share (Rs.) 15.70 15.70 15.93 4 Net Interest Margin (%) 3.82% 3.96% 3.73% 5 Yield on Loan Portfolio (%) 10.11% 9
Slide 17: Year on Year (As per IND AS)
* Amt in Crore Sl. Year on Year (As per IND AS) Particulars No. Mar’25 (12m) Mar’24 (12m) Growth% 1 New Approvals 9294 8783 6% 2 Disbursements 8568 8177 5% 3 Outstanding Loan Book 38217 34999 9% 4 Net Interest Income 1353 1259 7.53% 5 Operating Profit 1153 1036 11.28% 6 ECL Provision 76 79 (4%) 7 Pr
Slide 18: Key ratios - year ended
* Amt in Crore Sl. PERIOD ENDED Particulars No. Mar’25(12m) Mar’24(12m) 1 Return on Avg Assets (%) 2.24% 2.28% 2 Return on Avg Equity (%) 16.92% 17.28% 3 Earning Per Share (Rs.) 64.37 56.38 4 Net Interest Margin (%) 3.64% 3.73% 5 Yield on Loan Portfolio (%) 10.10% 10.07% 6 Cost of borrowing (%) 7.55
Slide 19: AUM by customer segment
AUM FY 24 AUM FY 25 1% 1% 13% 13% 27% 29% 2% 1% 57% 56% Sal - Govt Sal - Private Sal - PSU/Banks SENP Prof Sal - Govt Sal - Private Sal - PSU/Banks SENP Prof www.canfinhomes.com 18
Slide 20: AUM by product type
AUM FY 24 AUM FY25 2% 5% 2% 5% 5% 6% 10% 11% 76% 78% Housing Housing CRE Lap and Mort Top UP Others Housing Housing CRE Lap and Mort Top UP Others www.canfinhomes.com 19
Slide 21: AUM by loan purpose
AUM FY24 AUM FY25 14% 16% 7% 8% 2% 4% 2% 4% 8% 64% 62% 7% Construction Flat Resale Rennov Mort+LAP+Top UP Others Construction Flat Resale Rennov Mort+LAP+Top UP Others *Others include Site loan, Loan against rent receivables, Loans for commercial property, Loans for children education, Personal loan
Slide 22: Disbursement and AUM by ticket size
Disbursement (12 Months) AUM 32% 39% 30% 36% 28% 28% 29% 27% 27% 27% 24% 22% 13% 12% 13% 12% 0 - 10L 10 - 20L 20 - 30L >30L 0 - 10L 10 - 20L 20 - 30L >30L Mar-24 FY25 Mar-24 Mar-25 www.canfinhomes.com 21
Slide 23: Quarterly growth trend
18% 14% 6% 0% Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 -11% -9% -6% -22% Gr% www.canfinhomes.com 22
Slide 24: DSA sourcing: diversified sourcing, no concentration
Amt in Crore FY23 FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Active DSA's 1463 1184 1310 1423 1350 1245 Total Disbursement 8947 8117 1853 2381 1879 2455 (Crores) Total DSA Sourced Amount(Crores) 7302 6669 1479 1919 1421 2013 % share of total 82% 82% 80% 80% 76% 82% business Share of Top 20 DSA's Amount(Crores
Slide 25: Share of business sourced through DSA channel
87% 86% 85% 82% 80% 80% 80% 80% 80% 80% 78% 76% Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25 *72% of AUM sourced through DSA channel www.canfinhomes.com 24
Slide 26: Branches and loan portfolio by region
Branches Loan Portfolio 72% 72% 60% 56% 14% 17% 16% 18% 13% 13% 11% 11% 4% 5% 5% 4% 2% 2% 1% 1% Central East North South West Central East North South West FY24 FY25 FY 24 FY 25 www.canfinhomes.com 25
Slide 27: Loan book movement and run down
* Amt in Crore Opening Disbursement Amortization+ Closing Balance Run Balance(A) (B) Prepayment (D=A+B-C) Down (C) E= C/A Q2 FY 22 22221 2208 845 23584 3.89% Q3 FY 22 23584 2472 965 25091 4.18% Q4 FY 22 25091 2730 1110 26711 4.50% Q1 FY 23 26711 1726 899 27538 3.53% Q2 FY 23 27538 2275 990 28823 3.6
Slide 28: Category-wise product-wise distribution of loan book
CATEGORY-WISE PRODUCT-WISE DISTRIBUTION OF LOAN BOOK * Amt in Crore Sl. Mar - 24 Jun - 24 Sep - 24 Dec - 24 Mar - 25 Particulars No. 0/s Amt 0/s Amt 0/s Amt 0/s Amt 0/s Amt 1 Salaried & Professionals i) Housing Loans 22971 23245 23607 23950 24372 ii) Top-up Personal Loans 1076 1092 1121 1155 1204 ii
Slide 29: Funding mix March 2024 vs March 2025
Funding Mix @ Mar 2024 (as %) Funding Mix @ Mar 2025 (as %) Deposits Deposits CP CP 1% 1% 7% 7% NCD NCD 17% 23% Banks 52% Banks NHB 59% 16% NHB 17% Total Borrowings – Rs. 31863 Crore Total Borrowings – Rs. 35289 Crore www.canfinhomes.com 28
Slide 30: Yield, cost of borrowing, spread and NIM trends
10.07% 10.12% 10.14% 3.96% 3.57% 3.65% 3.64% 10.10% 3.64% 10.12% 7.56% 2.60% 7.40% 7.58% 2.54% 2.56% 7.56% 2.28% 2.55% 7.54% Q4 FY 23-24 Q1 FY 23-24 Q2 FY 24-25 Q3 FY 24-25 Q4 FY 24-25 Q4 FY 23-24 Q1 FY 24-25 Q2 FY 24-25 Q3 FY 24-25 Q4 FY 24-25 www.canfinhomes.com 29
Slide 31: Asset classification and ECL stages
* Amt in Crore Provision as Balance as on Provision as Asset Classification ECL Stages per ECL 31 Mar 2025 per IRAC Model Standard Asset 1 33951 SMA 0 1 1829 149 192 SMA 1 2 1134 SMA 2 2 970 NPA 3 333 158 159 Total Portfolio 38217 307 351 Undisbursed Loan Commitment 1547 7 Management Overlay 59 Prov
Slide 32: Gross NPA, Net NPA and provision held
Gross NPA & Net NPA (%) Provision held * Amt in Crore 0.91 0.92 0.88 0.87 0.82 59 34 34 34 34 0.49 0.47 0.50 0.47 0.42 154 159 151 149 139 Q4 FY 23-24 Q1 FY 24-25 Q2 FY 24-25 Q3 FY 24-25 Q4 FY 24-25 Q4 FY 23- 24 Q1 FY 24- 25 Q2 FY 24- 25 Q3 FY 24- 25 Q4 FY 24- 25 Provision for NPA Management Overlay
Slide 33: Provision coverage of GNPA
* Amt in Crore Q4FY24 As % of Q4FY25 As % of GNPA GNPA Gross NPA 286 333 A. ECL Provision (Stage 3) 139 49% 159 48% B. Management Overlay 34 12% 59 18% Total Provision available 173 60% 218 65% (A+B) C. Prov for Restructured 56 20% 49 15% Pool Total Provision available 229 80% 267 80% (A+B+C) D. Pro
Slide 34: Shareholding by category as on 31.03.2025
As on 31.03.2025 SI No. Category shareholding as % 7.38 10.68 29.99 1 Promoter 29.99 2 Mutual Funds 20.40 12.14 3 Individual 19.41 4 Foreign Corporate Bodies 12.14 19.41 5 Bodies Corporate 10.68 20.4 6 Others 7.38 7 Grand Total 100.00 Promoter Mutual Funds Individual Foreign Corporate Bodies Bodies
Slide 35: Social and Environment initiatives
Social Environment Cyber Security & Data Privacy The Company has undertaken several sustainability initiatives to The Company has established a comprehensive Data Privacy and Cyber Security strengthen its commitment to environmental responsibility. Some of the Policy to protect sensitive information
Slide 36: Ecological restoration and water conservation projects
Ecological Restoration and Water Conservation in Khyarsi Village, Jaunpur Block, Tehri Garhwal District, Uttarakhand Khyarsi Village is situated 41 km west of Tehri's district headquarters, 25 km from the state capital Dehradun, and 40 km from the Haridwar branch. With a total population of 893, the
Slide 37: Branch offices
(234 BRANCH OFFICES) • Odisha – Bhubaneshwar , Berhampur, Jharsuguda, • Punjab – Jalandhar, Ludhiana, Cuttack • Telangana – Hyderabad (13 Mohali, Bathinda branches), Siddipet, Warangal, • Bihar – Patna, Darbhanga Karimnagar, Khammam, • Chandigarh • Tamilnadu – Hosur, Chennai (9 Mancherial, Nizamabad
Slide 38: Forward-looking statements
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,