Equitas — Corporate Update (July 2020)
25 slides from Equitas's corporate update, Jul 3, 2020
Slide 1: Intimation on Business Update Presentation
July 03, 2020 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex (BKC) Mumbai – 400001 Bandra (east) Mumbai – 400051 Scrip Code No-539844 Symbol: EQUITAS Dear Sirs, Sub: Intimation on Business Up
Slide 2: Equitas Holdings Limited Business Update Presentation
Equitas Holdings Limited Business Update Presentation 1
Slide 3: Disclaimer
Disclaimer The information in this document, including facts and figures, is being provided by the Company for informational purposes only and could be subject to change without notice. The information has also not been independently verified. No representation or warranty, express / implied, is mad
Slide 4: Contents
Contents 01 Key 02 Moratorium 03 Asset 04 Liabilities Highlights Update Update Update Page : 04 Page : 08 Page : 11 Page : 22 3
Slide 5: Key Highlights
Key Highlights Strengthening Gold Loan Business: • Significant cross sell opportunities to existing borrowers & depositors of the bank • Gold Loans to be offered through existing branch Disbursements: network. Currently operating out of 100+ banking • Bank resumed disbursements. The Bank was in touc
Slide 6: Key Highlights – HR Initiatives
Key Highlights – HR Initiatives Virtual On-Boarding: • Equitas has honored all offers that were made in pre-COVID times. A total of 523 people came onboard for the period April- June 2020 while 699 people have resigned during this period Performance Appraisal: • The Performance Appraisal Process for
Slide 7: Key Highlights – HR Initiatives
Key Highlights – HR Initiatives Covid Package: The Bank launched a first of it’s kind Covid Package for the employees. The Package attempts to give a holistic assistance to the employee in case s/he or immediate family gets affected due to COVID-19 Work from Home Redesign: • An exercise for people a
Slide 8: Key Highlights
Key Highlights Leadership Change: • Bhadresh P, who headed the MSE Banking Division for the Bank has decided to leave the Bank • Ramasubramanian, Executive Vice President & Head Corporate Banking, shall additionally take charge of MSE Banking from Bhadresh. He holds a post graduate diploma in financ
Slide 9: Moratorium Update
Moratorium Update 8
Slide 10: Approach to Moratorium
Approach to Moratorium Moratorium 2.0 Moratorium 1.0 • Lockdown restriction eased and small shops and businesses began to restart operations by mid of May 2020 • Since most of the borrowers are small business owners, the Bank encouraged its customers to Opt for Moratorium to help • The Bank conducte
Slide 11: Moratorium 2.0
Moratorium 2.0 Asset Products +Opt in % of Gross Advances as on 31st March 2020 Micro Finance 56% (of Centers) Small Business Loans 42% New Commercial Vehicle Finance 65% Used Commercial Vehicle Finance 70% MSE Finance (Working Capital) 48% Corporate – NBFC Book 0% Corporate – Small Corporate 96% +A
Slide 12: Asset Product Wise Update
Asset Product Wise Update 11
Slide 13: Micro Finance
Micro Finance As of 6th June 2020 Customer Profile % of no of Customers Geographical Split % Animal Husbandry 44% As per banking outlet classification Tailoring 20% 4% Agriculture 10% 15% Trading 7% Shop Keeper 6% Food Products 5% Handicrafts 2% Others 7% 25% 56% Trend (Rs. Cr) April 30, 2020 May 31
Slide 14: Micro Finance
Micro Finance • 44% Overall Collection Efficiency for June States No of Centers % of Center Meetings Opt in Held (% Centers) EMIs leading to 56% centers opting for moratorium in June Chhattisgarh 2,304 99% 36% • Center meeting attendance improved to Madhya Pradesh 6,136 93% 46% 95% Haryana 3,985 98%
Slide 15: Small Business Loans
Small Business Loans As of 31st March 2020 Gross Opt in Gross Customer Profile Advances Opt in % Advances (Rs. Cr) (Rs. Cr) Self Employed 1,687 3,878 44% Customer Profile Gross Advances (Rs. Cr) % Salaried 688 1,882 37% Essential Services 1,971 31% Agriculture 266 518 51% Non-Essential Services 1,51
Slide 16: Small Business Loans
Small Business Loans Ticket Size Average LTV (Origination) Average LTV (Current) < 5 Lac Loan Amount 38% 27% 5 to 10 Lac Loan Amount 43% 39% > 10 Lac Loan Amount 51% 49% Metro Urban Semi Urban Rural Geographical Split % (As per banking outlet 15% 30% 52% 3% classification) 15
Slide 17: Vehicle Finance
Vehicle Finance Customer Profile Gross Advances (Rs. Cr) % Geographical Split % Essential Service 942 25.31% As per banking outlet classification Non Essential Service 2,780 74.69% Total 15% 3,722 100% Moratorium 2.0 % of Gross Particulars Opt in Gross Advances % Opt in Advances (Rs. Cr) Used CV 69.
Slide 18: Vehicle Finance
Vehicle Finance Opt in Gross Gross Gross Advances Risk Category Advances (Rs. Advances (Rs. % Cr) Cr) Low Risk 296 523 14.06% Medium Risk 1,409 2,060 55.35% • High Risk Customers: Branch team to visit customers High Risk 860 1,138 30.58% Total 2,565 3,722 for Vehicle & RC book inspection, this will
Slide 19: MSE Finance & Corporate
MSE Finance & Corporate As of 31st March 2020 MSE Finance (Working Capital) Gross Advances (Rs. Cr) Opt in Gross Advances (Rs. Cr) Opt in % Moratorium 1.0 669 512 76% Moratorium 2.0 669 323 48% March 31, Moratorium 1.0 Moratorium 2.0 2020 March 31, 2020 April 30, 2020 May 31, 2020 Particulars Gross
Slide 20: Feb OD Accounts - Update
Feb OD Accounts - Update 19
Slide 21: Status of Feb OD collections
Status of Feb OD collections Small Business Loans: Feb 29, 2020 Closing Normalized Roll Back No Movement Bucket Nos In Rs. Crs Nos In Rs. Crs % POS Nos In Rs. Crs % POS Nos In Rs. Crs % POS 1 – 30 Days 2,442 85 2,029 72 85% - - - 413 13 15% 31 – 60 Days 1,416 45 468 16 36% 556 17 38% 392 12 27% 61 –
Slide 22: Status of Feb OD collections
Status of Feb OD collections Vehicle Finance: Feb 29, 2020 Closing Normalized Roll Back No Movement Bucket Nos In Rs. Crs Nos In Rs. Crs % POS Nos In Rs. Crs % POS Nos In Rs. Crs % POS 1 – 30 Days 9,408 401 7,858 336 84% - - - 1,550 65 16% 31 – 60 Days 4,859 183 2,368 84 46% 1,405 58 32% 1,086 42 23
Slide 23: Liabilities - Update
Liabilities - Update 22
Slide 24: Deposit Momentum
Deposit Momentum Particulars (Rs. Cr) 31st March 2020 30th June 2020 QoQ CASA 2,208 2,354 7% Term Deposits 8,092 9,117 13% Retail Term Deposits* 3,811 4,473 17% Total Deposits 10,300 11,471 11% Digital Products Customer acquired from April to June 2020 Selfe SA 55,905 Selfe FD 1,139 COVID-19 Health
Slide 25: Thank You
Thank You Investor Relations Equitas Holdings Limited 4th Floor, Phase II, Spencer Plaza, No. 769, Mount Road, Anna Salai, Chennai 600 002, Tamil Nadu [email protected] Twitter - @EquitasIR 24