LIC Housing Finance Ltd · NSE:LICHSGFIN
LIC Housing Finance — Q1 FY2018 Earnings Presentation
21 slides from LIC Housing Finance's earnings presentation, Oct 10, 2017
Slide 1: Q1 FY18 Investor Update
7 aa See: LIC HOUSING FINANCE LTD Qi FY18 Investor Update
Slide 2: A Journey of 28 Years…
A Journey of 28 Years… • Best HFC by ABP 2016 News •Business Today- 2015 Best CEO Award 2014 •Crosses Rs 1 • Business World lakh cr in -Most Respected •Crossed Rs. 1000 cr profit & Co Award Rs 75,000 Cr assets portfolio •Best Housing •Outlook Money- 2013 Finance Co. by Best HFC BFSI Awards •Best HFC
Slide 3: Executive Summary – Q1/FY18
Executive Summary – Q1/FY18 Q1 FY18 PAT at Rs 470.06 cr as against Rs 407.84 cr up 15 % Q1 FY18 Revenue from operations up by 8 % to Rs 3633 cr Outstanding Loan portfolio up by 15 % to Rs. 147051 cr Individual Loan Portfolio up by 14 % to Rs 141440 cr Q1FY18 Disbursements Rs 8699 cr agains
Slide 4: Update – last 5 years
Update – last 5 years Disbursement (Rs. Cr) CAGR 14% Loan Portfolio (Rs.cr) CAGR 17% Income (Rs. cr) CAGR 16% Profit After Tax (Rs. cr) CAGR 17% 4
Slide 5: Update – last 5 years
Update – last 5 years Gross & Net NPAs Total Provisions* (Rs cr) Operating Expense to Total Income Profit per employee (Rs. lacs) * Provisions Including Provisions on Std. Assets & Teaser Loans 5
Slide 6: Update – last 5 years
Update – last 5 years EPS (Rs) (Rs 2/- pd up) Book Value (Rs)(Rs 2/- pd up) Return on Avg Equity Return on Avg Loan Assets 6
Slide 7: Geographic Presence
Geographic Presence Corporate office • 9 Regional Offices Regional offices Amritsar Jalandhar Back offices Operating offices • 22 Back Offices Shimla • 249 Marketing Offices Ludhiana Ambala Chandigarh Bhatinda Patiala Dehradun Hisar Noida Karnal • Rep offices in Dubai & Kuwait Meerut Haldwani Gurgao
Slide 8: Distribution Network
Distribution Network HOME LOAN AGENTS (HLAs) (Agents of LIC) DIRECT SALES AGENTS (DSAs) 249 (Small Firms/Companies etc) Marketing Offices CUSTOMER RELATIONS ASSOCIATES (CRAs) (Individual Agents) 39 branches of LICHFL Financial Services (100% subsidiary of LICHFL) 8
Slide 9: Origination Pattern & Average Ticket Size
Origination Pattern & Average Ticket Size 9
Slide 10: Loan Book Composition
Loan Book Composition 31.03.2017 30.06.2017 O/s Portfolio Rs. 144534 cr O/s Portfolio Rs. 147051 cr 10
Slide 11: Individual Loans – Portfolio Stats
Individual Loans – Portfolio Stats Pure Floating Rate Loans Loan To Value Ratio To Outstanding Portfolio On Incremental Sanctions As of FY 15 37% For FY 15 51% As of FY16 47% For FY16 47% As of FY17 70% For FY17 45% As of Q1FY18 73% For Q1FY18 47% Prepayment Installment to Net Income Ratio Lump Sum/
Slide 12: Financial Highlights
Financial Highlights Q1 FY2018 Q1FY 2017 Return on Average Equity (%) 17% 18% Return on Average Assets (%) 1.3% 1.4% Earnings per share (on Rs 2 pd up) 9.31 8.08 Capital Adequacy Ratio March 2017 March 2016 Tier I 13.35 13.86 Tier II 2.29 3.18 Total 15.64 17.04 12
Slide 13: Executive Summary-Q1/FY18
Executive Summary-Q1/FY18 Var Q1FY18 Q1FY17 Interest Income on Individual Loans 7.25% 3444.92 3212.03 Interest Income on Project Loans 43.35% 163.85 114.30 Total 8.49% 3608.77 3326.33 Processing Fees & Other Fees (26.75%) 24.43 33.35 Other Income 6.00% 21.38 20.17 Gross Income 8.13% 3654.58 3379.85
Slide 14: Executive Summary-Q1/FY18
Executive Summary-Q1/FY18 Var Q1FY18 Q1FY17 Disbursements Individual 17.29% 8286 7064 Project (13.48%) 413 478 Total 15.35% 8699 7542 Outstanding Portfolio Individual 14.36% 141440 123681 Project 49.41% 5611 3758 Total 15.39% 147051 127437 Net Interest Margins(%) 2.50% 2.61% Borrowings during the Qt
Slide 15: Liability Profile
Liability Profile as on 30.6.2017 Outstanding Borrowings – Rs.129163 cr Source Wtd Avg Cost (%) Banks 8.32% Non Convertible Debenture 8.57% National Housing Bank 8.35% FCNRB Loans 9.66% Sub. Bonds & Upper Tier II 9.18% Commercial Paper 6.50% Deposits 8.10% Total 8.50% During Q1FY18, Borrowings were
Slide 16: Change in Liability Mix- last 5 yrs
Change in Liability Mix- last 5 yrs BankBank Funding funding has down from from reduced 32% in FY12 to 32%8.9% in Q1FY18. in FY12 to 25%Deposits in FY14. have also Retail Depositsin the increased increased to 2.2% same period Wtd. Avg. cost 8.50% 8.59% 9.14% 9.48% 9.75% of Funds 16
Slide 17: Yield & Cost of Funds on portfolio
Yield & Cost of Funds on portfolio 17
Slide 18: NIMs
7 ape orl, LIC HOUSING FINANCE LTD 3.00% + 2.61% 2.50% 2.50% +4 24 2.30% 2.19 2.00% = 2 e © 2 > > > > = Ww Ww Ww Ww Ww i} ie} ie} ie} ie} 18
Slide 19: Gross & Net NPAs
Gross & Net NPAs 30.6.2017 30.6.2016 Gross NPA (Rs. cr) 1066 757 Gross NPA (%) 0.72% 0.59% Provisions for NPA (Rs. cr)* 513 401 Net NPA(%) 0.38% 0.28% Provisions incl teaser loan prov & std asset 1137 935 prov. Provisions cover incl teaser loan prov & std 107% 124% asset prov. *Excluding provisions
Slide 20: Gross & Net NPAs
VS Gross & Net NPAs LIC HOUSING FINANCE LTD 0.80% + 0.70% + 0.60% + 0.50% + 0.40% + 038% 33% 0.28% 0.30% + 0.20% + 0.10% ; = © © = 2 > > S > = Ww Ww Ww Ww Ww 5 & 3 3 3 e=e=Gross NPA = mmm Net NPA 20
Slide 21: Thank you
Thank you DISCLAIMER This presentation is made purely for information. We have attempted to provide relevant information which we believe will help in knowing the Company. The users may use their own judgment and are advised to make their own calculations before deciding on any matter based on the i
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