Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q2 FY2023 Earnings Presentation
20 slides from Can Fin Homes's earnings presentation, October 2022
Slide 1: Investor Presentation 2QFY23 ended September 2022
Investor Presentation 2QFY23 ended September 2022 34 years of vision, passion and progress Offering home loans since 1987….. and it’s just a beginning October 2022
Slide 2: Legacy, Focus, Reach, Financials, Vision
Legacy Focus Reach Financials Vision • 34 year old • To promote home • Headquartered in • Net Interest • To increase lending institution registered ownership across Bangalore Income: Rs. to new home as a deposit taking India, with a motto 251.17 Cr aspirants, enhance HFC with NHB of friendship • Pan
Slide 3: Journey of Can Fin Homes
3 JOURNEY OF CAN FIN HOMES Best BFSI 2015 Award by ET 2021 Edge & Most 1989 11 more branches Rights issue of CFHL Promising are added, including – mCap over Business New Delhi 1991 Leader Award Loan book crossed Rs. 1000 Cr to MD, Girish Loan Rs. 100 Cr Kousgi book crossed Loan book over 2016 28500
Slide 4: Four strategic pillars: Growth, Asset Quality, Profitability and Liquidity
Focusing on our four strategic pillars - Growth, Asset Quality, Profitability and Liquidity, we continue to follow prudent lending practices. We look ahead with renewed hope and enthusiasm as we maintain our credo of friendship finance and be a reliable housing finance partner for people from all se
Slide 5: Board of Directors
Managing Director & CEO Director (Independent) Dy. Managing Director Chairman (Promoter) Director (Promoter) Managing Director & (upto 07/09/2022) CEO, Canara Bank Director (Independent) Director (Independent) Director (Independent) Director (Independent) Director (Independent) www.canfinhomes.com 5
Slide 6: Digital focus areas
In order to ensure uninterrupted services to our customers, even during challenging times like today, we leveraged various advanced digital tools and technologies. These enabled us to reach more customers, across the length and breadth of the country, improve our efficiency and tide through challeng
Slide 7: Q1 and Q2 highlights
Q1 Q2 • Disbursement 1722 Cr • Disbursement 2245 Cr • Outstanding 27538 Cr • Outstanding 28823 Cr • NII: Rs.250.40 Cr, • NII: Rs.251.17 Cr, • PBT: Rs. 218.69 Cr • PBT: Rs. 202.85 Cr PAT: Rs. 162.22 Cr. • PAT: Rs. 141.71 Cr. • DER:7.84, CRAR:24.13% • DER: 7.93%, CRAR 23.65% • Gross NPA 0.65% & • Gros
Slide 8: Half-year highlights
1. Disbursements during the HY1 8. Gross NPA 0.62% & Net NPA 0.35%. increased by 28% YOY 9. The Salaried and Professional 2. Loan Book reached Rs. 28822.91 Cr segment constitutes 74% of the (+22%) with a clientele base of 2.21 outstanding loan book as on September ’ lakh. 22. Housing forms 90% of th
Slide 9: Sequential results
Amount in Rs. Crore Sl. Sequential Particulars No. Sep’22 (3m) Jun’22 (3m) Growth% 1 New Approvals 2348 1751 34.09% 2 Disbursements 2245 1722 30.37% 3 Outstanding Loan Book 28823 27538 4.67% 4 Net Interest Income 251.17 250.40 0.31% 5 Operating Profit 216.08 215.00 0.50% 6 Provision for Std Asset 33
Slide 10: Quarter on Quarter results
Amount in Rs. Crore Sl. Quarter on Quarter Particulars No. Sep’22 (3m) Sep’21 (3m) Growth% 1 New Approvals 2348 2288 2.62% 2 Disbursements 2245 2208 1.67% 3 Outstanding Loan Book 28823 23584 22.21% 4 Net Interest Income 251.17 191.78 30.97% 5 Operating Profit 216.08 162.84 32.69% 6 Provision for Std
Slide 11: Year on Year results
Amount in Rs. Crore Sl. Year on Year Particulars No. Sep’22 (6m) Sep’21 (6m) Growth% 1 New Approvals 4103 3117 31.62% 2 Disbursements 3967 3102 27.89% 3 Outstanding Loan Book 28823 23584 22.21% 4 Net Interest Income 501.57 372.94 34.49% 5 Operating Profit 431.08 315.39 36.68% 6 Provision for Std Ass
Slide 12: Period ended ratios
Amount in Rs. Crore Sl. PERIOD ENDED Particulars No. Sep’22 (3m) Sep’21 (3m) 1 Return on Avg Assets (Annualised) 2.07% 2.08% 2 Return on Avg Equity (Annualised) 16.82% 16.43% 3 Earning Per Share (Rs.) 10.64 9.29 4 Net Interest Margin (%) 3.55% 3.51% 5 Yield (%) 8.55% 7.99% 6 Cost (%) 6.04% 5.57% 7 S
Slide 13: Period ended ratios (sequential)
Amount in Rs. Crore Sl. PERIOD ENDED (SEQUENTIAL) Particulars No. Sep’22 (3m) Jun’22 (3m) 1 Return on Avg Assets (Annualised) 2.07% 2.41% 2 Return on Avg Equity (Annualised) 16.82% 20.03% 3 Earning Per Share (Rs.) 10.64 12.18 4 Net Interest Margin (%) 3.55% 3.60% 5 Yield (%) 8.55% 8.46% 6 Cost (%) 6
Slide 14: Period ended ratios (year on year)
Amount in Rs. Crore Sl. PERIOD ENDED (Year on Year) Particulars No. Sep’22 (6m) Sep’21 (6m) Return on 1 2.22% 2.08% Assets (Annualised) 2 Return on Avg Equity (Annualised) 18.04% 16.43% 3 Earning Per Share (Rs.) 22.82 17.46 4 Net Interest Margin (%) 3.54% 3.38% 5 Yield (%) 8.55% 7.99% 6 Cost (%) 6.0
Slide 15: Category-wise product-wise distribution of loan book
CATEGORY-WISE PRODUCT-WISE DISTRIBUTION OF LOAN BOOK Amount in Rs. Crore Sl. Sep-21 Dec-21 Mar - 22 Jun - 22 Sep - 22 Particulars No. O/s Amt. O/s Amt. O/s Amt. O/s Amt. O/s Amt. 1 Salaried & Professionals i) Housing Loans 16124 17132 18205 18767 19562 ii) Top-up Personal Loans 625 699 767 795 852 i
Slide 16: Funding mix Sep 2021 vs Sep 2022
Funding Mix @ Sep 2022 (as %) Funding Mix @ Sep 2021 (as %) 2% 2% 8% 17% 14% 50% 54% 7% 22% 24% Banks NHB NCD CP DEP Banks NHB NCD CP DEP . Cost of borrowings at 6.04% (vs 5.80% in Jun 22 & 5.57% in Sep’22) www.canfinhomes.com 16
Slide 17: Yield, spread and cost
Yield (%) Spread (%) Cost (%) 8.55% 6.04% 2.66% 8.46% 5.80% 2.55% 8.11% 2.51% 8.05% 2.49% 5.56% 5.56% Q3 FY 21-22 Q4 FY 21-22 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 21-22 Q4 FY 21-22 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 21-22 Q4 FY 21-22 Q1 FY 21-22 Q2 FY 21-23 www.canfinhomes.com 17
Slide 18: Gross NPA and Net NPA, PCR
Gross NPA & Net NPA (%) PCR (Rs.) 54% 52% 0.47 45% 0.39 43.39% 0.3 0.3 0.35 0.78 0.71 0.64 0.65 0.62 Q2 FY 21-22 Q3 FY 21-22 Q4 FY 21-22 Q1 FY 22-23 Q2 FY 22-23 Q3 FY 21- 22 Q4 FY 21- 22 Q1 FY 22-23 Q2 FY 22- 23 GNPA Net NPA www.canfinhomes.com 18
Slide 19: Branches and satellite offices
(192 BRANCHES + 12 SATELLITE OFFICES) • Punjab – Jalandhar • Odisha – Bhubaneshwar, • Telangana – Hyderabad (13 Berhampur, Jharsuguda branches), Siddipet, Warangal, • Chandigarh Karimnagar, Khammam, • Bihar – Patna Mancherial, Nizamabad • Rajasthan – Alwar, Jaipur, Mansarovar, Kota, Udaipur, • Tamil
Slide 20: Thank You
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 ini