Uploaded byDeepakNC3
PDF, PPTX44 views

Investor-Presentation-Q1FY17ppt edelwise

Edelweiss Financial Services Limited aims to be a respected firm with a diverse portfolio, showcasing strong Q1 FY17 performance with a 53% PAT growth. The company's strategic approach includes a mix of credit and non-credit businesses, with significant focus on risk management and sustainability. Future goals include reaching a consolidated ROE of 16-18% and growing its client base while maintaining a low NPA ratio.

Download as PDF, PPTX
Edelweiss Financial Services Limited Q1FY17 Investor Presentation
Contents 4 5 1 2 3 OVERVIEW & BUSINESS APPROACH PERFORMANCE HIGHLIGHTS BUSINESS HIGHLIGHTS ENTERPRISE UPDATE DETAILED FINANCIALS 2
OVERVIEW & BUSINESS APPROACH
Our Vision “To be a Respected Financial Services firm with a Portfolio of High Quality Growth Businesses” 4
Our Business Approach 5 Leadership Culture Culture that promotes entrepreneurship and innovation without compromising on institutionalization Risk & Governance Zero tolerance policy towards Compliance & Risk Strong Enterprise Functions Backbone of our high growth businesses Good mix of Wholesale & Retail Creates scalability along with profitability Diversification De risked model enhances sustainability
Diversification Strategy Led to a Unique Business Model… 6 EDELWEISS Credit Non Credit Insurance WELL DIVERSIFIED Unique Model that is “Scalable, Stable and Profitable”
One of the Leading Diversified Financial Services Firms 7 One of the top 5 Diversified Financial Services Firms On Balance Sheet Assets Assets under Management Assets under Advice # of clients # of employees # of offices ~ 33,100 Cr ~35,000 Cr ~31,100 Cr ~960,000 6,361 240 CREDIT BUSINESSES Present across the spectrum of Wholesale Retail • Structured Collateralized Credit • Distressed Assets Credit • Wholesale Mortgage • Retail Mortgage • Agri & Rural Finance • Loan Against Shares • SME & Others NON CREDIT BUSINESSES • Capital Markets • Wealth Management • Asset Management • Balance sheet Management Unit & Liquidity Management • Agri Services & Others Strong product franchise serving diverse client needs INSURANCE One of the fastest growing Life Insurance companies
As we stated in the FY16 investor presentation, over the next four years.. 8 • Grow PAT consistently at 25% • Consolidated RoE to 16-18% • Ex Insurance RoE to 19-20% • Ex Insurance RoA to 2.3-2.5% • Ex Insurance Cost to Income ratio to 50% • NPA below 2% • Capital Adequacy Ratio >16% • Enhance long term credit rating to AAA Our aim is to grow our diversified business model to achieve...
Q1FY17 PERFORMANCE HIGHLIGHTS
Key Financial Highlights – Q1FY17 Consolidated YoY PAT growth of 53% 1 10 Ex Insurance YoY PAT growth of 39% 2 Consistent track record of growth – 38% Ex Insurance PAT CAGR over 4 years 3 Consolidated RoE improved to 15.1% 4 Ex Insurance RoE improved to 19.4% 5
Consolidated PAT Growth of 53% & Ex Insurance PAT Growth of 39% 11 Non Linear growth in Profitability PAT Ex Insurance Balance Sheet PAT Consolidated 17% (INR Cr) Growth over Q1FY16 53% 39% 140 155 33,092 Q1FY17 91 111 28,304 Q1FY16 414 519 FY16 32,145 FY15 329 381 27,072 ..... with only 17% growth in Assets
Key Performance Parameters (Ex Insurance) 12 (INR Cr) Q1FY17 FY16 FY15 FY14 PAT (Q1FY17) 155 519 381 272 Credit book 21,129 20,014 15,036 8,953 Net Revenue*/ Average Assets 8.6% 7.8% 8.5% 7.2% RoE 19.4% 18.6% 15.6% 12.2% RoA 2.0% 1.8% 1.9% 1.9% Cost to Income Ratio 57% 60% 60% 59% Gross NPA % 1.4% 1.4% 1.3% 0.9% Net NPA % 0.5% 0.5% 0.4% 0.2% * Q1 FY17 annualized
Key Performance Parameters 13 Edelweiss (Ex Insurance) Private Banks NBFC/ DFS Competition numbers based on published results and management analysis Cost to income (C/I) excludes credit provisions Private Banks: HDFC, ICICI, Kotak, Axis, Yes, IndusInd NBFCs/DFS : Bajaj Finserv, L&T Finance, Shriram City Union, Shriram Transport, Mahindra Finance, IIFL PAT growth (YoY) Credit Book Growth (YoY) Net NPA Collateral Cover Gross NPA RoA RoE Net Revenue/ Average Assets 23% 22% 5.9% 1.7% 13.8% 46% 1.6% 0.7% 1 - 1.25X 16% 17% 8.2% 2.1% 14.8% 39% 4.8% 1.7% 1.5 – 2X For Q1FY17 Cost to Income Ratio 8.6% 2.0% 19.4% 57% 1.4% 0.5% 2.2x 39% 29%
PAT growth trajectory 14 Profit after Tax INR Cr 48 51 57 70 69 62 68 72 89 90 98 103 111 120 133 154 155 40 42 46 51 56 46 58 61 78 79 83 88 91 96 106 122 140 Q1'FY13 Q2'FY13 Q3'FY13 Q4'FY13 Q1'FY14 Q2'FY14 Q3'FY14 Q4'FY14 Q1'FY15 Q2'FY15 Q3'FY15 Q4'FY15 Q1'FY16 Q2'FY16 Q3'FY16 Q4'FY16 Q1'FY17 Ex-Insurance PAT Consolidated PAT Ex Insurance PAT CAGR of 38% over last 4 years Note: CAGR based on Trailing Twelve Month basis
RoA Attribution (Ex Insurance) 15 5.5% 12.0% 2.2% -8.6% FY15 Interest Interest Cost Treasury Q1FY17 Net Interest Income Fee & commission Other income Non-interest income 2.9% 2.7% 0.2% Employee cost Operating expenses Depreciation & amortization Expenses -5.7% -2.9% -0.3% -1.8% -0.6% Tax PBT 2.8% -1.0% PAT 1.9% Provisions 6.0% 12.8% 2.0% -8.8% 2.5% 2.1% 0.4% -5.5% -2.6% -0.3% -1.9% -0.7% 3.0% -1.0% 2.0% FY16 5.1% 12.8% 1.2% -8.8% 2.7% 2.4% 0.3% -5.2% -2.5% -0.3% -1.7% -0.6% 2.6% -0.8% 1.8%
Both credit and non-credit PAT witnessing steady growth 16 -11 -20 -16 37 47 59 53 65 96 Q1FY15 Q1FY16 Q1FY17 PAT INR Cr 140 Insurance Non Credit Credit 91 78 2-year CAGR 35% 26%
BUSINESS HIGHLIGHTS
Diversified Mix of Businesses CREDIT NON CREDIT INSURANCE Present across : Wholesale • Structured Collateralized Credit • Distressed Assets Credit • Wholesale Mortgage Retail • Retail Mortgage • Agri & Rural Finance • Loan Against Shares • SME & Others Strong product franchise serving diverse client needs: • Capital Markets • Wealth Management • Asset Management • Balance sheet Management Unit & Liquidity Management • Agri Services & Others One of the fastest growing life insurance companies 18
Financial Snapshot 19 Credit Business Non Credit Consolidated 96 59 155 140 Profit After Tax 2,441 1,125 3,566 4,481 EoP Equity 17.9% 19.4% 15.1% RoE% (INR Cr) • Based on Management Estimates • EoP Equity includes minority (603 Cr.), advance to Employee Welfare Trust (150 Cr) etc. • RoE is calculated on Average Equity; adjusted for intangibles and minority interest 22.3% Total (Ex Insurance) -16 915 - Insurance
BUSINESS HIGHLIGHTS – CREDIT
Credit Business at a glance – Q1FY17 Credit Business INR (Cr) Capital Employed 21,129 Net Interest Margin 6.9% Net Interest Income 355 Cost to Income 41% Provisions 52 PAT 96 Gross NPA 1.4% Net NPA 0.5% RoE 17.9% RoA 2.0% Numbers are Management Estimates . Capital Employed is End of Period 21 Credit Non Credit Insurance Balance Sheet
Structured Collateralized Credit 7,393 35% Distressed Assets Credit 1,927 9% Wholesale Mortgage 5,593 27% Retail Mortgage 2,745 13% Agri & Rural Finance 920 4% Loan Against Shares 1,191 6% SME & Others 1,361 6% Credit Portfolio is a Mix of Differentiated and Scalable Assets • Caters to Retail customers in Capital Market Loan Against Shares • Catering to Retail Home buyers and Business Owners Retail Mortgage • Customized credit solutions, with high collateral cover Structured Collateralized Credit • Largest Asset Reconstruction Company in India, with more than 7 years of history in distressed assets space Distressed Assets Credit SME & Others • Highly scalable, focus area for future growth Agri & Rural Financing • $10 bn unorganized market; Highly scalable, unoccupied by institutional players. Includes Micro Finance solutions to clients in Tier III/IV cities and rural areas • Caters to wide a range of residential developers Wholesale Mortgage 22 Credit Non Credit Insurance Balance Sheet
Present across Retail, SME and Wholesale segments 23 Retail & SME Credit Wholesale Credit • Comprises of • Retail Mortgage • Agri & Rural Financing • Loan Against Shares • SME & Others • Commenced operations in 2011 • Small Ticket Housing Loans launched in FY13; Rural Finance in FY14 • Retail credit around INR 6,200 crores • Controlled growth, focus on credit quality • Operations in 45* cities • Comprises of • Collateralized Lending to Corporate • Distressed Assets Credit • Wholesale Mortgage • Began credit operations in 2007 • A robust risk management approach tested over 2 downturns • Wholesale credit around INR 14,900 crores * HF + SME+ Rural Finance Profitable, scalable multi-line credit business Credit Non Credit Insurance Balance Sheet
Business Strengths 24 Client Centric Solutions • Ability to understand client needs and structure products to suit their needs • Strong client relations Proactive Risk Management • Three tier risk management approach – Business risk team supplemented by Global risk team & Global Risk Committee • Robust underwriting and credit appraisal processes Good Asset Quality • NPAs in check even in tough market conditions • Comfortable asset cover Credit Non Credit Insurance Balance Sheet
Credit – Improving Parameters 25 At the end of Q1FY17 Q1FY16 FY16 FY15 Average Interest Yield 16.2% 16.1% 16.2% 15.8% Average Cost of Borrowing 10.5% 10.8% 10.7% 10.9% Interest Spread 5.7% 5.3% 5.5% 4.9% Net Interest Margin 6.9% 6.7% 6.8% 6.7% Retail Credit Presence* 45 cities & 3700 villages 41 cities & 1400 villages 45 cities & 3400 villages 36 cities & 750 villages ~Number of Retail Credit clients 343,000 50,000 304,000 50,000 Retail Finance Spreading Footprint Through Small-ticket Home Loans, SME & Rural Finance * HF + SME+ Rural Finance Credit Non Credit Insurance Balance Sheet
Credit: Robust Asset Quality 26 Risk Management ensuring asset quality remains under control At the end of (INR Cr) Q1FY17 Q1FY16 FY16 FY15 Total Credit Book 21,129 16,431 20,014 15,036 Gross NPA 300 217 281 196 Gross NPA % 1.4% 1.3% 1.4% 1.3% Net NPA % 0.5% 0.4% 0.5% 0.4% Total Provision Held* 268 210 247 184 Total Provision Cover* 89% 97% 88% 94% Average Collateral cover on Wholesale book 2.2X 2.2x 2.1x 2.3x Average Loan-To-Value on Retail book ~48% ~52% ~50% ~52% “Provision Policy moved to 120+ DPD; Housing Finance Co. continues to follow 90+ DPD” * Including provision held on Standard Assets Pvt. Banks NBFCs 1.6% 4.8% 0.7% 1.7% 1 -1.25X 1.5-2X Credit Non Credit Insurance Balance Sheet
BUSINESS HIGHLIGHTS – NON CREDIT
Non Credit Business at a glance-Q1FY17 Non Credit INR (Cr) Capital Employed 11,048 Net Revenue 332 Cost to Income 74% PBT 88 PAT 59 RoE 22.3% RoA 2.1% Numbers are Management Estimates 28 Credit Non Credit Insurance Balance Sheet
Non Credit Business Mix 29 • Entire spectrum of corporate advisory services - Fixed Income Advisory, Mergers & Acquisitions , Equity Capital Markets, Private Equity Syndication • Leader in Debt Capital Markets • One of the largest domestic institutional broking house with strong focus on research • Equity focus: Mutual Fund, Portfolio Management Service and Alternative Investment Fund • Credit focus: Asset Reconstruction Company, Special Opportunities fund • Liquidity Management • Asset Liability Management Wealth Management Capital Markets Asset Management Balance sheet Management Unit & Liquidity Management • Warehousing, procurement services, and other Agri services Agri Services • Multi asset class platform offering structured customized solutions Credit Non Credit Insurance Balance Sheet
Capital Markets: Leadership position in the market 30 3,100 5,000 5,200 5,000 6,000 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Broking Average Daily Volume (INR Cr) 61 114 100 20 13 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Investment Banking & Advisory (Number of deals) • One of the largest domestic institutional broking company • Robust fundamental research covering ~227 stocks among 27 sectors representing ~77% of total market cap • Rated Best Brokerage in India for Roadshows and company visits • Bull of the Year Award by Zee Business Market Analyst Awards • Best Equity Broking House (mid-size) Award • Ranked 1st in Initial Public Offering (IPO) distribution and Public issues of Tax free bonds • Edelweiss ranked third in Equity Capital Markets Underwriting with US$ 467 mn in related proceeds capturing 12.4% market share for first half of CY2016 • Edelweiss ranked second with a 40% market share managing 4 of 10 IPOs, including debt issues, in Q1 FY 17 Sole financial advisor Stake sale to Premji Invest INR 1,990mm Advisor to the Board of ING Vysya Bank on its merger with INR 150,331mm Sole financial advisor Equitas Holdings PE Placement INR 3,250mm Sharda Cropchem IPO BRLM INR 3,519mm Source: Thomson Reuters, Prime Database Credit Non Credit Insurance Balance Sheet
Wealth and Asset Management – Rapidly gaining market share 31 • Servicing ~ 300 Ultra High-Net Worth & more than 1,100 High Net Worth Families • Good mix of product and advisory solutions for customized needs • Best Private Banking Solution at Asia-Pacific Structured Products & Derivatives Awards 2015 • Good mix of conventional & alternative assets targeting HNI & Institutional investors • Equity Alternative Investment Fund continues to be market leader in performance • Proposed acquisition of JP Morgan schemes approved by Competition Commission of India, awaiting Securities and Exchange Board of India (SEBI) approval • Edelweiss ETF - Quality Nifty 30, tracking NIFTY quality 30 Index launched during the quarter` 8,900 17,750 29,500 21,400 31,100 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Wealth Management Assets Under Advice (INR Cr) 2,900 3,000 5,000 4,700 5,700 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Asset Management Assets Under Management (INR Cr) Credit Non Credit Insurance Balance Sheet
Expanding Asset Reconstruction and Agri Services businesses 32 • Opportunity to tap the potential 4 lakh crore of stressed loans and revive them • Started operations in 2009. Largest Asset Reconstruction Company in India • In house operations turnaround team • Specific focus on resolution 9,200 20,000 27,100 20,300 29,300 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Asset Reconstruction Company Assets Under Management (INR Cr) • One of the few organised players providing end to end business solutions in the entire Agri value chain • 315 warehouses under management with capacity of over 12.3 lacs MT • Warehousing Development and Regulatory Authority (WDRA) accreditations received for 3 warehouses - likely to create strong differentiation in market • Recieved National Accreditation Board for Testing and Calibration Laboratories (NABL) Accreditation for our state of the art Vashi Laboratory • ISO 9001-2008 Certified 122 265 143 315 FY15 FY16 Q1FY16 Q1FY17 Agri Services Number of warehouses Credit Non Credit Insurance Balance Sheet
Balance Sheet Management Unit 33 *On Balance Sheet Liquidity Cushion; Balance Sheet Management Unit (INR Cr) 4,266 2,070 1,097 337 Gsecs Liquidity cushion* Fixed & Tax Assets Others 25% 23% 20% 19% Q1FY14 Q1FY15 Q1FY16 Q1FY17 Credit Non Credit Insurance Balance Sheet KEY OBJECTIVES • Liquidity management • Asset Liability Management • Manage Treasury assets • Corporate Fixed Assets and Investments Balance Sheet Management Assets as % of Total Assets • Balance Sheet Management Assets as a percentage of Total Assets has been decreasing consistently over years • Focus on increasing Liquidity cushion in line with Balance Sheet growth
BUSINESS HIGHLIGHTS – INSURANCE
Key Milestones Started Operations July 2011 Highest startup capital INR 550 Crs 2013 45 Branches 3,401 Agents 1,275 Employees 18 Products 55 Cr Premium 2016 71 Branches 15,490 Agents 1,943 Employees 26 Products 310 Cr Gross Premium Q1 2017 71 Branches 16,303 Agents 1,985 Employees 26 Products 57 Cr Q1 Gross Premium 35 Credit Non Credit Insurance Balance Sheet
Insurance Strategy defined by 36 Products • Boutique of products meeting variety of customer needs with superior features Distribution • Continued focus on Need Based Selling (Brand: Vijaypath) • Agency-led multi-channel distribution approach with emphasis on productivity • Focus on building direct capability specifically online • Aim to be industry leader on sales productivity Investments • Providing superior returns through top performing funds Technology • Provide unique and enhanced customer experience across all touch points • Generate operating efficiencies across the organization Efficient • Strong focus on being cost-efficient Credit Non Credit Insurance Balance Sheet
Fastest Growing Individual Annual Premium Equivalent 37 • Individual Annual Premium Equivalent - INR 18.9 Crs for Q1 FY17 • Best 13th month persistency (71%) in non- bank dominated companies • 9th Rank amongst all the private insurers in FY16 as against 16th rank in FY15 (Source: IRDAI public disclosures) 42% 13% 7% Edelweiss Tokio Life Insurance Peer Set Industry Individual Annual Premium Equivalent CAGR Growth since FY13 Credit Non Credit Insurance Balance Sheet 56 61 71 FY14 FY15 FY16 Persistency (Individual & Group Business combined)
Customer centric approach – wide variety of products 38 Customer centric approach • Unique need based selling approach • Strong investment performance to provide superior returns to customers • Edelweiss Tokio Funds have been rated top performers by Morningstar with all Individual Unit Linked Insurance Plan Funds rated in top decile as on Jun’16 • Provide enhanced customer experience through investment in processes and technology Product Mix Traditional Non Par 49% Traditional Par 25% Unit Linked Insurance Plan 14% Group 11% Inception till date Credit Non Credit Insurance Balance Sheet
Rapidly growing & stable platform 39 Balanced channel mix with focus on agency A Responsible brand • Winner, Agency Efficiency award at India Insurance Awards, 2016 • Winner, “Top 100 Infosec Maestros Awards” in 2015 • “Yamraj to the Rescue”, won the National Gold in the public service category at the Outdoor Advertising Awards, 2015 Agency 62% Brokers 11% Direct Business 9% Bancassurance 9% Corporate Agent 8% Inception till date Credit Non Credit Insurance Balance Sheet
Pan India Presence 40 At the end of Q1FY17 FY16 FY15 FY14 Number of Personal Financial Advisors 16,303 15,490 10,421 7,255 Number of Branches 71 in 61 cities 71 in 61 cities 59 in 49 cities 58 in 48 cities Rest of Maharashtra / Goa 6 branches Punjab / Himachal Pradesh / Uttarakhand 6 branches Uttar Pradesh 6 branches Bihar / Jharkhand 5 branches Andhra Pradesh / Telengana / Karnataka 6 branches Madhya Pradesh / Vidharbha / Chhatisgarh 5 branch Tamil Nadu / Kerala 5 branches Gujarat 7 branches Rajasthan / Haryana 6 branches West Bengal / Orissa / Assam 6 branches Delhi (NCR) 6 branches Mumbai 7 branches Credit Non Credit Insurance Balance Sheet
Insurance 41 Edelweiss Tokio Life Insurance Company Limited Standalone (ETLI) (INR Cr) Q1FY17 Q1FY16 FY16 FY15 Gross Premium Income 57 32 310 193 Investment Income & Other Income 40 26 87 97 Total Income 97 58 397 290 Total Expenses 128 86 552 361 Profit Before Tax (31) (27) (155) (71) Profit After Tax (31) (27) (155) (71) Edelweiss’ Share in PAT (16) (20) (104) (53) Net Worth* 915 539 939 569 Tokio Marine has infused INR 527 Cr in FY16 for 23% stake * Includes unrealised gains on equity and mutual fund investments per IRDA norms Credit Non Credit Insurance Balance Sheet
BALANCE SHEET
Key Highlights – Balance Sheet 1 2 3 4 5 Balance Sheet On-Balance Sheet: INR~33,100 Cr; Total assets managed INR ~99,200 Cr ALM maintained Comfortable capital adequacy ratio at 18.1% Diversified Liability mix Stable business model reflected in credit ratings 43 Credit Non Credit Insurance Balance Sheet
~ $15.0 billion of Assets 44 1 Assets on Balance Sheet Distressed Assets Book (ARC Assets) Assets Under Advice (Wealth Management) 5.0 4.3 4.6 33,100 29,300 31,100 USD bn Total Assets 14.8 99,200 As on 30 Jun 2016 INR Cr Funds under Management (Asset Management) 0.9 5,700 Credit Non Credit Insurance Balance Sheet
Comfortable Asset-Liability Profile 45 2 12% 33% 38% 57% 76% 100% 12% 32% 37% 55% 73% 100% Asset Specific Borrowing 0-3 Mnth 3-6 Mnth 6-12 Mnth 1-3 years 3+ years Assets Liabilities % of Assets and Liabilities Jun’16: INR 33,092 Cr • Positive asset-liability matching across durations • Asset Liability Committee manages and monitors ALM, Interest Rate Risk and Liquidity Credit Non Credit Insurance Balance Sheet
Strong capital position 46 3 • Steady growth in Net worth over the last several years • Sub Debt issued to improve Tier II Capital • D/E (Excluding Treasury Assets) : 4.9 • Consolidated Risk Weighted Assets (as a % of Gross Assets): 78.7% Consolidated Capital Adequacy 18.1% Tier I Networth (INR Cr) Networth = Equity + Reserves – Deferred Tax Assets 3,434 4,192 3,557 4,379 FY15 FY16 Q1FY16 Q1FY17 Tier I Tier II Total Capital Liability Structure, Jun’16 (INR Cr) 4,379 1,028 5,407 Risk Weighted Assets 29,854 Credit Non Credit Insurance Balance Sheet
Diversified Sources of Borrowings 47 4 Total Borrowings INR 7,858 Cr INR 28,526 Cr Mutual Funds Bank Asset Specific Borrowing Retail Others* 26% 14% 5% 5% FY11 Q1FY17 50% 35% 14% 14% 5% 32% * Others includes Provident Fund, Insurance & Corporate Credit Non Credit Insurance Balance Sheet • Steady diversification in sources of borrowings • Lower dependence on debt market borrowings • Exploring alternative sources of Liabilities
Share of Long Term funds increasing • Long Term Liabilities growing in line with Asset Profile • Contracted Long Term Liabilities with Insurance Companies, Banks & Mutual Funds • Edelweiss Housing Finance Non Convertible Debenture Subscribed on Day 1 - ~ 80% demand for 10 year 48 Long Term Liabilities INR (Cr) Long Term Liabilities Breakup Long Term Liabilities (LTL): Liabilities >1 year 6,641 11,473 14,475 14,999 FY14 FY15 FY16 Q1FY17 41% 43% Long Term as % of Total Liabilities Average Tenure (years) 3.3 NCD 58% Term Loan 31% Sub-debt 11% 45% 45% Credit Non Credit Insurance Balance Sheet
Liquidity Cushion at ~INR 3,000 Cr is 9% of Balance Sheet 49 400 1,700 2,900 3,000 FY14 FY15 FY16 Q1 FY17 • A well diversified liquidity cushion comprising of: • Banking Lines • Fixed Deposits • Government Securities, Mutual Funds etc • Steady growth in liquidity cushion to provide for any liquidity event • Continually evaluate the composition through various instruments to ensure immediacy, relevance and cost efficiency Including off Balance sheet lines INR (Cr) Credit Non Credit Insurance Balance Sheet
Stable Business Model Reflected in Credit Ratings 50 5 Rating agency Purpose (debt programme) Rating Short term CRISIL A1+ Short term CARE A1+ Short term [ICRA] A1+ Long term BWR AA+ Long term CARE AA Long term [ICRA] AA Credit Non Credit Insurance Balance Sheet
ENTERPRISE UPDATE
Awards Marketing campaign of the Year 2016 - CMO Asia #iAmTeamIndia Olympics campaign wins Marketing campaign of the year 2016 Best Corporate Governance - India At CFI.co Corporate Governance Awards 2016 Best Equity Capital Markets House and Best Broker Award at the Finance Asia Country Awards 2016 Special Jury Award for serving MSMEs 2015 (Edelweiss Retail Finance Limited) At MSME Banking Excellence Awards Ranked Amongst India’s Best Corporate Brands 2016 in the The Economic Times Consumer Survey 52
TV Commercial Brand film with Saina Nehwal 53 https://www.youtube.com/watch?v=NL2nUnO4my8
Edelweiss Olympics Campaign #iAmTeamIndia 54 Edelweiss RIO Olympics Anthem - https://youtu.be/2zBqO4pHWlY ‪ #‪ iAmTeamIndia campaign - https://www.youtube.com/watch?v=JHFZJWoRmPs ‪ Edelweiss Photo E-book - https://www.youtube.com/watch?v=1DH8fLMKkmw
Send off for the Indian Olympic Team & Launch of #iAmTeam India Anthem & Digital Book... 55
Technology Update 56 Project with a global Information Technology major underway focussing on technology led business transformation for Wealth Management and Life Insurance businesses Partnered with IBM to launch competition to identify start-ups in Fintech space Engaging with select start-ups to identify & implement new edge technologies Invest in early stage fintech start-ups with strong management teams Digital Strategy for Retail Finance business finalised Priority to improve productivity and reduce risk through digital transformation
Key Human Resources Metrics 57 At the end of Q1FY17 FY16 FY15 Head Count 6,361 6,227 5,555 Senior Hiring 33 81 113 Senior Attrition 15% 10% 17% During Q1FY17 FY16 FY15 Learning & Development Training man days 4,243 21,530 19,582 Employees covered 1,946 5,374 4,838 Building leadership capability through a Four-Tier Leadership Structure for future growth
EdelGive Foundation - Key Highlights 58 Impacted over 300,000 lives in 13 states Supported 85 Non-Governmental Organizations. Brought INR 60 crores into philanthropy Women Empowerment Promoting safety, gender justice, and economic empowerment of women and girls Water and soil conservation, skill development, financial inclusion livelihood generation for communities Education Empowering children through holistic learning approach, life skill & research and advocacy Livelihood The Protection of Women from Domestic Violence Quality education for underprivileged children in schools Financial inclusion for women Edelweiss employees, families and clients have given 14,500+ hours in volunteering
Shareholding Pattern 59 TOP INSTITUTIONAL SHAREHOLDERS ABOVE 1%* (AS ON JUN 30, 2016) Name Percent 1 Carlyle 8.3% 2 Fidelity 5.7% 3 BIH SA 5.3% 4 SAIF Advisors 3.1% 5 Amansa Investments 1.4% 6 Abu Dhabi Investment Authority 1.2% 7 Ashoka PTE 1.1% 44.8% 31.5% 18.2% 5.5% Foreign Institutions & Companies Promoters & Employees Non Institutions Employee Trust * Holding of known affiliates have been clubbed together for the purpose of this information Significant Institutional Ownership
DETAILED FINANCIALS
Consolidated Financials – P&L (INR Cr) FY17 FY16 FY16 FY15 Q1 Q1 Annual Annual Fee and Commission Income 171 163 697 573 Fund based Income 1,220 956 4,218 3,100 Premium from Life Insurance Business 53 30 300 187 Other Operating Income 27 14 87 38 Other Income 7 5 14 14 Total Revenue 1,478 1,168 5,316 3,912 Employee Benefits Expense 248 211 882 709 Financial Costs 699 605 2,620 1,831 Depreciation & Amortization 23 20 90 72 Change in life insurance policy liability – actuarial 55 22 256 139 Other Expenses 240 172 849 633 Total Expenses 1,265 1,031 4,697 3384 Profit Before Tax 214 137 619 528 Tax Expenses 83 47 236 202 Profit After Tax 131 90 383 326 Share of Minority Interests in Profits (9) (1) (31) (3) Profit After Tax and Minority Interest 140 91 414 329 Diluted Earnings Per Share (in INR) (Face Value INR 1) 1.63 1.06 4.85 3.88 Book Value per Share (in INR) (Face Value INR 1) 47 41 45 40 61
Consolidated Financials – P&L (Ex Insurance) 62 (INR Cr) FY17 FY16 FY16 FY15 Q1 Q1 Annual Annual Fee and Commission Income 171 163 697 573 Fund based Income 1,181 931 4,132 3,006 Other Operating Income 27 14 86 39 Other Income 6 4 13 10 Total Revenue 1,385 1,112 4,928 3,628 Employee Benefits Expense 214 183 754 610 Financial Costs 699 605 2,619 1,831 Depreciation & Amortization 21 19 83 64 Other Expenses 207 140 698 524 Total Expenses 1,141 947 4,154 3029 Profit Before Tax 244 165 774 599 Tax Expenses 83 47 236 202 Profit After Tax 161 118 538 397 Share of Minority Interests in Profits (6) (6) (19) (16) Profit After Tax and Minority Interest 155 111 519 381 Diluted Earnings Per Share (in INR) (Face Value INR 1) 1.85 1.33 6.22 4.65
Consolidated Financials – Balance Sheet 63 (INR Cr) June 16 Mar 16 June 15 Mar 15 Equity and Liabilities Shareholders’ Funds 3,963 3,760 3,369 3,246 Equity 3,878 3,675 3,284 3,161 Preference 85 85 85 85 Minority Interest 603 612 285 286 Borrowings 28,526 27,773 24,650 23,540 Total 33,092 32,145 28,304 27,072 Assets Credit Book Assets 21,129 20,014 16,431 15,036 Fixed Deposits and Cash & Bank Balances 3,468 3,116 2,318 3,356 Government Bonds 4,266 4,866 4,501 4,323 Other Assets 4,229 4,149 5,054 4,357 Total 33,092 32,145 28,304 27,072
Safe Harbor 64 DISCLAIMERS: This presentation and the discussion may contain certain words or phrases that are forward - looking statements, which are tentative, based on current expectations of the management of Edelweiss Financial Services Ltd. or any of its subsidiaries and associate companies (“Edelweiss”). Actual results may vary significantly from the forward-looking statements contained in this presentations due to various risks and uncertainties. These risks and uncertainties include the effect of economic and political conditions in India and outside India, volatility in interest rates and in the securities market, new regulations and Government policies that may impact the businesses of Edelweiss as well as the ability to implement its strategy. The information contained herein is as of the date referenced and Edelweiss does not undertake any obligation to update these statements. Edelweiss has obtained all market data and other information from sources believed to be reliable or are its internal estimates, although its accuracy or completeness can not be guaranteed. The presentation relating to business wise financial performance, ex-insurance numbers, balance sheet, asset books of Edelweiss and industry data herein is reclassified/regrouped based on Management estimates and may not directly correspond to published data. The numbers have also been rounded off in the interest of easier understanding. Tangible RoE – ex insurance is computed post dividend on Preference Shares. PAT ex-ins is excluding Minority Interest. Tangible Equity does not include Insurance networth, Deferred tax assets, Preference capital, Employee Trust Shares and Minority. Prior period figures have been regrouped/reclassified wherever necessary. All information in this presentation has been prepared solely by the company and has not been independently verified by anyone else. This presentation is for information purposes only and does not constitute an offer or recommendation to buy or sell any securities of Edelweiss. This presentation also does not constitute an offer or recommendation to buy or sell any financial products offered by Edelweiss. Any action taken by you on the basis of the information contained herein is your responsibility alone and Edelweiss or its directors or employees will not be liable in any manner for the consequences of such action taken by you. Edelweiss and/or its directors and/or its employees may have interests or positions, financial or otherwise, in the securities mentioned in this presentation. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about, and observe, any such restrictions. Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 For more information, please visit www.edelweissfin.com or drop us an e-mail on ir@edelweissfin.com.

More Related Content

PDF
Presentation- September-2024 .pdf
bymkmukesh2208
 
PDF
CUB-INV-PPT-MAR2022.pdf
byAbarajIthan2
 
PDF
DCB_final_investors_presentation investors presentation .pdf
byaditya9637
 
PDF
CUB-INV-PPT-JUN-2022.pdf
byAbarajIthan2
 
PDF
Indusind presentation
byPranav Rao
 
PDF
City_Union_Bank_Investor_Presentation_Sep_2022.pdf
byAbarajIthan2
 
PDF
BusinessBusinessBusinessBusinessBusiness
bySarthakChauhan66
 
PDF
Investor-Presentation-Q3FY24 edel presetn
byDeepakNC3
 
Presentation- September-2024 .pdf
bymkmukesh2208
 
CUB-INV-PPT-MAR2022.pdf
byAbarajIthan2
 
DCB_final_investors_presentation investors presentation .pdf
byaditya9637
 
CUB-INV-PPT-JUN-2022.pdf
byAbarajIthan2
 
Indusind presentation
byPranav Rao
 
City_Union_Bank_Investor_Presentation_Sep_2022.pdf
byAbarajIthan2
 
BusinessBusinessBusinessBusinessBusiness
bySarthakChauhan66
 
Investor-Presentation-Q3FY24 edel presetn
byDeepakNC3
 

Similar to Investor-Presentation-Q1FY17ppt edelwise

PPTX
Final_Analyst_Presentation_30719.pptx
byyuvrajrsingh1313
 
PDF
Investor Presentation Jun 2024 revised.pdf
bymutualfundfriend
 
PDF
Corporate profile
byResurgent India
 
PDF
myFin Advisor - aboutus
bymyFin Advisor
 
PDF
Cholamandandalam Investor Presentation Q4 FY23
byjayb93342
 
PDF
Loan against shares
byajay suryawanshi
 
PDF
Loan Against Bonds
byrohinikamble420
 
PDF
Loan Against Shares
byrohinikamble420
 
PDF
LTFH Strategy Updates & Results - Q4FY17 and FY17
byAnuj Aras
 
PPTX
Hdfc bank ltd ppt
byRajat Sharma
 
PPTX
Investor Presentation Q3 FY23 INDUSIND B
byjohnpaulpereira2
 
PPT
Presentation-Q3-2010-11-TO-PRESS.ppt....
byrm99114829
 
PDF
2024-investor-presentation-for-quarter-ended-june-30-2024.pdf
bymutualfundfriend
 
PPSX
Mahindra Finance (Analysing the Historical Financial Statement)
bySumit Kumar Singh
 
PDF
Presentation-made-to-Analysts-31-07 bank of baroda
bymutualfundfriend
 
PDF
Ip mar-13[1]
byKondalarao Kurapati
 
PDF
Ip mar-13[1]
byKondalarao Kurapati
 
PPTX
Janalakshmi mfi performance indicators
byMD SALMAN ANJUM
 
PDF
2007 apimec presentation
byBancoABCRI
 
PPTX
Hdfc
byStewart Serrao
 
Final_Analyst_Presentation_30719.pptx
byyuvrajrsingh1313
 
Investor Presentation Jun 2024 revised.pdf
bymutualfundfriend
 
Corporate profile
byResurgent India
 
myFin Advisor - aboutus
bymyFin Advisor
 
Cholamandandalam Investor Presentation Q4 FY23
byjayb93342
 
Loan against shares
byajay suryawanshi
 
Loan Against Bonds
byrohinikamble420
 
Loan Against Shares
byrohinikamble420
 
LTFH Strategy Updates & Results - Q4FY17 and FY17
byAnuj Aras
 
Hdfc bank ltd ppt
byRajat Sharma
 
Investor Presentation Q3 FY23 INDUSIND B
byjohnpaulpereira2
 
Presentation-Q3-2010-11-TO-PRESS.ppt....
byrm99114829
 
2024-investor-presentation-for-quarter-ended-june-30-2024.pdf
bymutualfundfriend
 
Mahindra Finance (Analysing the Historical Financial Statement)
bySumit Kumar Singh
 
Presentation-made-to-Analysts-31-07 bank of baroda
bymutualfundfriend
 
Ip mar-13[1]
byKondalarao Kurapati
 
Ip mar-13[1]
byKondalarao Kurapati
 
Janalakshmi mfi performance indicators
byMD SALMAN ANJUM
 
2007 apimec presentation
byBancoABCRI
 
Hdfc
byStewart Serrao
 

More from DeepakNC3

PDF
india c Presentation fund new lanching now
byDeepakNC3
 
PDF
Provides IT services, consulting, and business solutions.pdf
byDeepakNC3
 
PDF
Partners with large businesses to help them transform.pdf
byDeepakNC3
 
PDF
Analyst Presentation Analyst Presentation 2024Analyst Presentation Analyst Pr...
byDeepakNC3
 
PDF
Groww Multicap PPT PRESENTATIOON OF 2024
byDeepakNC3
 
PPTX
Sector Analysis BY NEW INDIAN STOCK MARKET
byDeepakNC3
 
PDF
BHEL Corporate Presentation PPT ABOUT BHARAT
byDeepakNC3
 
PDF
1660135132_EML_Investor_Presentation_Q1 FY23.pdf
byDeepakNC3
 
PDF
Q4-and-FY24-Investor-Presentation ABOUT EM
byDeepakNC3
 
PDF
Q2FY24-Investor-Presentation about eacher mot
byDeepakNC3
 
PDF
Updated-Q1FY25-Investor-Presentation.pdf
byDeepakNC3
 
PDF
Eicher-Motors-Limited-Q4-FY23-Investor-Presentation.pdf
byDeepakNC3
 
PDF
ppttoanalystsoct272021 PPT PRESENTAION ABOUT
byDeepakNC3
 
PDF
abb-india-earnings-call-presentation-q1-2021_final.pdf
byDeepakNC3
 
PDF
q42022analystcallpresentation NEW ABB PPT
byDeepakNC3
 
PDF
pptanalystcallnov152022 PPT PRESETNATION
byDeepakNC3
 
PDF
revisedpresentationanalystcallaug112022.pdf
byDeepakNC3
 
PDF
abbanalystpptmay052022 PPT PRESENATION NEW
byDeepakNC3
 
PDF
ABBAnalystPPTQ42023 PPT PRESENTATION NEW
byDeepakNC3
 
PDF
abblettertoseanalystppta42c98f3c1f463c09537ff0000433538.pdf
byDeepakNC3
 
india c Presentation fund new lanching now
byDeepakNC3
 
Provides IT services, consulting, and business solutions.pdf
byDeepakNC3
 
Partners with large businesses to help them transform.pdf
byDeepakNC3
 
Analyst Presentation Analyst Presentation 2024Analyst Presentation Analyst Pr...
byDeepakNC3
 
Groww Multicap PPT PRESENTATIOON OF 2024
byDeepakNC3
 
Sector Analysis BY NEW INDIAN STOCK MARKET
byDeepakNC3
 
BHEL Corporate Presentation PPT ABOUT BHARAT
byDeepakNC3
 
1660135132_EML_Investor_Presentation_Q1 FY23.pdf
byDeepakNC3
 
Q4-and-FY24-Investor-Presentation ABOUT EM
byDeepakNC3
 
Q2FY24-Investor-Presentation about eacher mot
byDeepakNC3
 
Updated-Q1FY25-Investor-Presentation.pdf
byDeepakNC3
 
Eicher-Motors-Limited-Q4-FY23-Investor-Presentation.pdf
byDeepakNC3
 
ppttoanalystsoct272021 PPT PRESENTAION ABOUT
byDeepakNC3
 
abb-india-earnings-call-presentation-q1-2021_final.pdf
byDeepakNC3
 
q42022analystcallpresentation NEW ABB PPT
byDeepakNC3
 
pptanalystcallnov152022 PPT PRESETNATION
byDeepakNC3
 
revisedpresentationanalystcallaug112022.pdf
byDeepakNC3
 
abbanalystpptmay052022 PPT PRESENATION NEW
byDeepakNC3
 
ABBAnalystPPTQ42023 PPT PRESENTATION NEW
byDeepakNC3
 
abblettertoseanalystppta42c98f3c1f463c09537ff0000433538.pdf
byDeepakNC3
 

Recently uploaded

PPTX
Cartoon Revisions and Advertisement Grade 10
byBathabile Ngcobo
 
PPTX
Week 5 Webinar BEM2034 & BEP 2120 October 2025
byLisa Harris
 
PPTX
Inter House Quiz Competition – 2025.pptx
byMd. Assaduzzaman Sarker
 
PDF
How to become an optometrist/boptom .pdf
byAnmol Singh
 
PDF
President John Dramani Mahama has declared three days of national mourning fo...
bynservice241
 
PPTX
Isikhangisi .pptx....ukubaluleka kokwazi isikhangiso.
byKwanele28
 
PDF
Science, Education and Innovations in the Context of Modern Problems, Issue 1...
byRahilNecef
 
PDF
Who Owns the Narrative? Data, Disinformation, and the Missing Voice of Academia
byIsmail Fahmi
 
PPTX
Mary Shelley's Frankenstein. Gothic novel characteristics.
byRaquel FC
 
PPTX
Presentation one The History of Eugenics
bymbuyisaandiswa81
 
PDF
1. BITA Introduction Slides Oct 2526.pdf
byMark Kor
 
PDF
The Minority Caucus in Parliament has called on government to take immediate ...
bynservice241
 
PDF
47 ĐỀ CHÍNH THỨC THI CHỌN HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 8 THCS NĂM...
byNguyen Thanh Tu Collection
 
PPTX
Composition and characteristics of blood
byManarat International University
 
PDF
TUYỂN CHỌN 30 ĐỀ THI CHỌN HỌC SINH GIỎI LỚP 9 CÁC TỈNH NĂM 2024-2025 MÔN TIẾN...
byNguyen Thanh Tu Collection
 
PPTX
English Home Language & First Additional Language P2 Preparation.pptx
byMasingita Maswanganye
 
PDF
G.O. 216, Dt. 22-10-2025, Common Zoning Regulations – Final.pdf
byssuser9d8e4e
 
PPTX
Types of contract under Indian Contract Law.pptx
byKeerthana Chinnathambi
 
PDF
UV Visible Spectroscopy M.Pharm Notes PPT file, Pharmacy
bySaurabh Dubey
 
PDF
Hit The Homerun FINAl- A U25 sorts quiz of Jigisha 4.0 organized by Pragya, ...
byPragya - UEM Kolkata Quiz Club
 
Cartoon Revisions and Advertisement Grade 10
byBathabile Ngcobo
 
Week 5 Webinar BEM2034 & BEP 2120 October 2025
byLisa Harris
 
Inter House Quiz Competition – 2025.pptx
byMd. Assaduzzaman Sarker
 
How to become an optometrist/boptom .pdf
byAnmol Singh
 
President John Dramani Mahama has declared three days of national mourning fo...
bynservice241
 
Isikhangisi .pptx....ukubaluleka kokwazi isikhangiso.
byKwanele28
 
Science, Education and Innovations in the Context of Modern Problems, Issue 1...
byRahilNecef
 
Who Owns the Narrative? Data, Disinformation, and the Missing Voice of Academia
byIsmail Fahmi
 
Mary Shelley's Frankenstein. Gothic novel characteristics.
byRaquel FC
 
Presentation one The History of Eugenics
bymbuyisaandiswa81
 
1. BITA Introduction Slides Oct 2526.pdf
byMark Kor
 
The Minority Caucus in Parliament has called on government to take immediate ...
bynservice241
 
47 ĐỀ CHÍNH THỨC THI CHỌN HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 8 THCS NĂM...
byNguyen Thanh Tu Collection
 
Composition and characteristics of blood
byManarat International University
 
TUYỂN CHỌN 30 ĐỀ THI CHỌN HỌC SINH GIỎI LỚP 9 CÁC TỈNH NĂM 2024-2025 MÔN TIẾN...
byNguyen Thanh Tu Collection
 
English Home Language & First Additional Language P2 Preparation.pptx
byMasingita Maswanganye
 
G.O. 216, Dt. 22-10-2025, Common Zoning Regulations – Final.pdf
byssuser9d8e4e
 
Types of contract under Indian Contract Law.pptx
byKeerthana Chinnathambi
 
UV Visible Spectroscopy M.Pharm Notes PPT file, Pharmacy
bySaurabh Dubey
 
Hit The Homerun FINAl- A U25 sorts quiz of Jigisha 4.0 organized by Pragya, ...
byPragya - UEM Kolkata Quiz Club
 

Investor-Presentation-Q1FY17ppt edelwise

  • 1.
    Edelweiss Financial ServicesLimited Q1FY17 Investor Presentation
  • 2.
    Contents 4 5 1 2 3 OVERVIEW & BUSINESSAPPROACH PERFORMANCE HIGHLIGHTS BUSINESS HIGHLIGHTS ENTERPRISE UPDATE DETAILED FINANCIALS 2
  • 3.
  • 4.
    Our Vision “To bea Respected Financial Services firm with a Portfolio of High Quality Growth Businesses” 4
  • 5.
    Our Business Approach 5 LeadershipCulture Culture that promotes entrepreneurship and innovation without compromising on institutionalization Risk & Governance Zero tolerance policy towards Compliance & Risk Strong Enterprise Functions Backbone of our high growth businesses Good mix of Wholesale & Retail Creates scalability along with profitability Diversification De risked model enhances sustainability
  • 6.
    Diversification Strategy Ledto a Unique Business Model… 6 EDELWEISS Credit Non Credit Insurance WELL DIVERSIFIED Unique Model that is “Scalable, Stable and Profitable”
  • 7.
    One of theLeading Diversified Financial Services Firms 7 One of the top 5 Diversified Financial Services Firms On Balance Sheet Assets Assets under Management Assets under Advice # of clients # of employees # of offices ~ 33,100 Cr ~35,000 Cr ~31,100 Cr ~960,000 6,361 240 CREDIT BUSINESSES Present across the spectrum of Wholesale Retail • Structured Collateralized Credit • Distressed Assets Credit • Wholesale Mortgage • Retail Mortgage • Agri & Rural Finance • Loan Against Shares • SME & Others NON CREDIT BUSINESSES • Capital Markets • Wealth Management • Asset Management • Balance sheet Management Unit & Liquidity Management • Agri Services & Others Strong product franchise serving diverse client needs INSURANCE One of the fastest growing Life Insurance companies
  • 8.
    As we statedin the FY16 investor presentation, over the next four years.. 8 • Grow PAT consistently at 25% • Consolidated RoE to 16-18% • Ex Insurance RoE to 19-20% • Ex Insurance RoA to 2.3-2.5% • Ex Insurance Cost to Income ratio to 50% • NPA below 2% • Capital Adequacy Ratio >16% • Enhance long term credit rating to AAA Our aim is to grow our diversified business model to achieve...
  • 9.
  • 10.
    Key Financial Highlights– Q1FY17 Consolidated YoY PAT growth of 53% 1 10 Ex Insurance YoY PAT growth of 39% 2 Consistent track record of growth – 38% Ex Insurance PAT CAGR over 4 years 3 Consolidated RoE improved to 15.1% 4 Ex Insurance RoE improved to 19.4% 5
  • 11.
    Consolidated PAT Growthof 53% & Ex Insurance PAT Growth of 39% 11 Non Linear growth in Profitability PAT Ex Insurance Balance Sheet PAT Consolidated 17% (INR Cr) Growth over Q1FY16 53% 39% 140 155 33,092 Q1FY17 91 111 28,304 Q1FY16 414 519 FY16 32,145 FY15 329 381 27,072 ..... with only 17% growth in Assets
  • 12.
    Key Performance Parameters(Ex Insurance) 12 (INR Cr) Q1FY17 FY16 FY15 FY14 PAT (Q1FY17) 155 519 381 272 Credit book 21,129 20,014 15,036 8,953 Net Revenue*/ Average Assets 8.6% 7.8% 8.5% 7.2% RoE 19.4% 18.6% 15.6% 12.2% RoA 2.0% 1.8% 1.9% 1.9% Cost to Income Ratio 57% 60% 60% 59% Gross NPA % 1.4% 1.4% 1.3% 0.9% Net NPA % 0.5% 0.5% 0.4% 0.2% * Q1 FY17 annualized
  • 13.
    Key Performance Parameters 13 Edelweiss (ExInsurance) Private Banks NBFC/ DFS Competition numbers based on published results and management analysis Cost to income (C/I) excludes credit provisions Private Banks: HDFC, ICICI, Kotak, Axis, Yes, IndusInd NBFCs/DFS : Bajaj Finserv, L&T Finance, Shriram City Union, Shriram Transport, Mahindra Finance, IIFL PAT growth (YoY) Credit Book Growth (YoY) Net NPA Collateral Cover Gross NPA RoA RoE Net Revenue/ Average Assets 23% 22% 5.9% 1.7% 13.8% 46% 1.6% 0.7% 1 - 1.25X 16% 17% 8.2% 2.1% 14.8% 39% 4.8% 1.7% 1.5 – 2X For Q1FY17 Cost to Income Ratio 8.6% 2.0% 19.4% 57% 1.4% 0.5% 2.2x 39% 29%
  • 14.
    PAT growth trajectory 14 Profitafter Tax INR Cr 48 51 57 70 69 62 68 72 89 90 98 103 111 120 133 154 155 40 42 46 51 56 46 58 61 78 79 83 88 91 96 106 122 140 Q1'FY13 Q2'FY13 Q3'FY13 Q4'FY13 Q1'FY14 Q2'FY14 Q3'FY14 Q4'FY14 Q1'FY15 Q2'FY15 Q3'FY15 Q4'FY15 Q1'FY16 Q2'FY16 Q3'FY16 Q4'FY16 Q1'FY17 Ex-Insurance PAT Consolidated PAT Ex Insurance PAT CAGR of 38% over last 4 years Note: CAGR based on Trailing Twelve Month basis
  • 15.
    RoA Attribution (ExInsurance) 15 5.5% 12.0% 2.2% -8.6% FY15 Interest Interest Cost Treasury Q1FY17 Net Interest Income Fee & commission Other income Non-interest income 2.9% 2.7% 0.2% Employee cost Operating expenses Depreciation & amortization Expenses -5.7% -2.9% -0.3% -1.8% -0.6% Tax PBT 2.8% -1.0% PAT 1.9% Provisions 6.0% 12.8% 2.0% -8.8% 2.5% 2.1% 0.4% -5.5% -2.6% -0.3% -1.9% -0.7% 3.0% -1.0% 2.0% FY16 5.1% 12.8% 1.2% -8.8% 2.7% 2.4% 0.3% -5.2% -2.5% -0.3% -1.7% -0.6% 2.6% -0.8% 1.8%
  • 16.
    Both credit andnon-credit PAT witnessing steady growth 16 -11 -20 -16 37 47 59 53 65 96 Q1FY15 Q1FY16 Q1FY17 PAT INR Cr 140 Insurance Non Credit Credit 91 78 2-year CAGR 35% 26%
  • 17.
  • 18.
    Diversified Mix ofBusinesses CREDIT NON CREDIT INSURANCE Present across : Wholesale • Structured Collateralized Credit • Distressed Assets Credit • Wholesale Mortgage Retail • Retail Mortgage • Agri & Rural Finance • Loan Against Shares • SME & Others Strong product franchise serving diverse client needs: • Capital Markets • Wealth Management • Asset Management • Balance sheet Management Unit & Liquidity Management • Agri Services & Others One of the fastest growing life insurance companies 18
  • 19.
    Financial Snapshot 19 Credit Business NonCredit Consolidated 96 59 155 140 Profit After Tax 2,441 1,125 3,566 4,481 EoP Equity 17.9% 19.4% 15.1% RoE% (INR Cr) • Based on Management Estimates • EoP Equity includes minority (603 Cr.), advance to Employee Welfare Trust (150 Cr) etc. • RoE is calculated on Average Equity; adjusted for intangibles and minority interest 22.3% Total (Ex Insurance) -16 915 - Insurance
  • 20.
  • 21.
    Credit Business ata glance – Q1FY17 Credit Business INR (Cr) Capital Employed 21,129 Net Interest Margin 6.9% Net Interest Income 355 Cost to Income 41% Provisions 52 PAT 96 Gross NPA 1.4% Net NPA 0.5% RoE 17.9% RoA 2.0% Numbers are Management Estimates . Capital Employed is End of Period 21 Credit Non Credit Insurance Balance Sheet
  • 22.
    Structured Collateralized Credit 7,393 35% Distressed Assets Credit 1,927 9% Wholesale Mortgage 5,593 27% Retail Mortgage 2,745 13% Agri &Rural Finance 920 4% Loan Against Shares 1,191 6% SME & Others 1,361 6% Credit Portfolio is a Mix of Differentiated and Scalable Assets • Caters to Retail customers in Capital Market Loan Against Shares • Catering to Retail Home buyers and Business Owners Retail Mortgage • Customized credit solutions, with high collateral cover Structured Collateralized Credit • Largest Asset Reconstruction Company in India, with more than 7 years of history in distressed assets space Distressed Assets Credit SME & Others • Highly scalable, focus area for future growth Agri & Rural Financing • $10 bn unorganized market; Highly scalable, unoccupied by institutional players. Includes Micro Finance solutions to clients in Tier III/IV cities and rural areas • Caters to wide a range of residential developers Wholesale Mortgage 22 Credit Non Credit Insurance Balance Sheet
  • 23.
    Present across Retail,SME and Wholesale segments 23 Retail & SME Credit Wholesale Credit • Comprises of • Retail Mortgage • Agri & Rural Financing • Loan Against Shares • SME & Others • Commenced operations in 2011 • Small Ticket Housing Loans launched in FY13; Rural Finance in FY14 • Retail credit around INR 6,200 crores • Controlled growth, focus on credit quality • Operations in 45* cities • Comprises of • Collateralized Lending to Corporate • Distressed Assets Credit • Wholesale Mortgage • Began credit operations in 2007 • A robust risk management approach tested over 2 downturns • Wholesale credit around INR 14,900 crores * HF + SME+ Rural Finance Profitable, scalable multi-line credit business Credit Non Credit Insurance Balance Sheet
  • 24.
    Business Strengths 24 Client CentricSolutions • Ability to understand client needs and structure products to suit their needs • Strong client relations Proactive Risk Management • Three tier risk management approach – Business risk team supplemented by Global risk team & Global Risk Committee • Robust underwriting and credit appraisal processes Good Asset Quality • NPAs in check even in tough market conditions • Comfortable asset cover Credit Non Credit Insurance Balance Sheet
  • 25.
    Credit – ImprovingParameters 25 At the end of Q1FY17 Q1FY16 FY16 FY15 Average Interest Yield 16.2% 16.1% 16.2% 15.8% Average Cost of Borrowing 10.5% 10.8% 10.7% 10.9% Interest Spread 5.7% 5.3% 5.5% 4.9% Net Interest Margin 6.9% 6.7% 6.8% 6.7% Retail Credit Presence* 45 cities & 3700 villages 41 cities & 1400 villages 45 cities & 3400 villages 36 cities & 750 villages ~Number of Retail Credit clients 343,000 50,000 304,000 50,000 Retail Finance Spreading Footprint Through Small-ticket Home Loans, SME & Rural Finance * HF + SME+ Rural Finance Credit Non Credit Insurance Balance Sheet
  • 26.
    Credit: Robust AssetQuality 26 Risk Management ensuring asset quality remains under control At the end of (INR Cr) Q1FY17 Q1FY16 FY16 FY15 Total Credit Book 21,129 16,431 20,014 15,036 Gross NPA 300 217 281 196 Gross NPA % 1.4% 1.3% 1.4% 1.3% Net NPA % 0.5% 0.4% 0.5% 0.4% Total Provision Held* 268 210 247 184 Total Provision Cover* 89% 97% 88% 94% Average Collateral cover on Wholesale book 2.2X 2.2x 2.1x 2.3x Average Loan-To-Value on Retail book ~48% ~52% ~50% ~52% “Provision Policy moved to 120+ DPD; Housing Finance Co. continues to follow 90+ DPD” * Including provision held on Standard Assets Pvt. Banks NBFCs 1.6% 4.8% 0.7% 1.7% 1 -1.25X 1.5-2X Credit Non Credit Insurance Balance Sheet
  • 27.
  • 28.
    Non Credit Businessat a glance-Q1FY17 Non Credit INR (Cr) Capital Employed 11,048 Net Revenue 332 Cost to Income 74% PBT 88 PAT 59 RoE 22.3% RoA 2.1% Numbers are Management Estimates 28 Credit Non Credit Insurance Balance Sheet
  • 29.
    Non Credit BusinessMix 29 • Entire spectrum of corporate advisory services - Fixed Income Advisory, Mergers & Acquisitions , Equity Capital Markets, Private Equity Syndication • Leader in Debt Capital Markets • One of the largest domestic institutional broking house with strong focus on research • Equity focus: Mutual Fund, Portfolio Management Service and Alternative Investment Fund • Credit focus: Asset Reconstruction Company, Special Opportunities fund • Liquidity Management • Asset Liability Management Wealth Management Capital Markets Asset Management Balance sheet Management Unit & Liquidity Management • Warehousing, procurement services, and other Agri services Agri Services • Multi asset class platform offering structured customized solutions Credit Non Credit Insurance Balance Sheet
  • 30.
    Capital Markets: Leadershipposition in the market 30 3,100 5,000 5,200 5,000 6,000 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Broking Average Daily Volume (INR Cr) 61 114 100 20 13 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Investment Banking & Advisory (Number of deals) • One of the largest domestic institutional broking company • Robust fundamental research covering ~227 stocks among 27 sectors representing ~77% of total market cap • Rated Best Brokerage in India for Roadshows and company visits • Bull of the Year Award by Zee Business Market Analyst Awards • Best Equity Broking House (mid-size) Award • Ranked 1st in Initial Public Offering (IPO) distribution and Public issues of Tax free bonds • Edelweiss ranked third in Equity Capital Markets Underwriting with US$ 467 mn in related proceeds capturing 12.4% market share for first half of CY2016 • Edelweiss ranked second with a 40% market share managing 4 of 10 IPOs, including debt issues, in Q1 FY 17 Sole financial advisor Stake sale to Premji Invest INR 1,990mm Advisor to the Board of ING Vysya Bank on its merger with INR 150,331mm Sole financial advisor Equitas Holdings PE Placement INR 3,250mm Sharda Cropchem IPO BRLM INR 3,519mm Source: Thomson Reuters, Prime Database Credit Non Credit Insurance Balance Sheet
  • 31.
    Wealth and AssetManagement – Rapidly gaining market share 31 • Servicing ~ 300 Ultra High-Net Worth & more than 1,100 High Net Worth Families • Good mix of product and advisory solutions for customized needs • Best Private Banking Solution at Asia-Pacific Structured Products & Derivatives Awards 2015 • Good mix of conventional & alternative assets targeting HNI & Institutional investors • Equity Alternative Investment Fund continues to be market leader in performance • Proposed acquisition of JP Morgan schemes approved by Competition Commission of India, awaiting Securities and Exchange Board of India (SEBI) approval • Edelweiss ETF - Quality Nifty 30, tracking NIFTY quality 30 Index launched during the quarter` 8,900 17,750 29,500 21,400 31,100 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Wealth Management Assets Under Advice (INR Cr) 2,900 3,000 5,000 4,700 5,700 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Asset Management Assets Under Management (INR Cr) Credit Non Credit Insurance Balance Sheet
  • 32.
    Expanding Asset Reconstructionand Agri Services businesses 32 • Opportunity to tap the potential 4 lakh crore of stressed loans and revive them • Started operations in 2009. Largest Asset Reconstruction Company in India • In house operations turnaround team • Specific focus on resolution 9,200 20,000 27,100 20,300 29,300 FY14 FY15 FY16 Q1 FY16 Q1 FY17 Asset Reconstruction Company Assets Under Management (INR Cr) • One of the few organised players providing end to end business solutions in the entire Agri value chain • 315 warehouses under management with capacity of over 12.3 lacs MT • Warehousing Development and Regulatory Authority (WDRA) accreditations received for 3 warehouses - likely to create strong differentiation in market • Recieved National Accreditation Board for Testing and Calibration Laboratories (NABL) Accreditation for our state of the art Vashi Laboratory • ISO 9001-2008 Certified 122 265 143 315 FY15 FY16 Q1FY16 Q1FY17 Agri Services Number of warehouses Credit Non Credit Insurance Balance Sheet
  • 33.
    Balance Sheet ManagementUnit 33 *On Balance Sheet Liquidity Cushion; Balance Sheet Management Unit (INR Cr) 4,266 2,070 1,097 337 Gsecs Liquidity cushion* Fixed & Tax Assets Others 25% 23% 20% 19% Q1FY14 Q1FY15 Q1FY16 Q1FY17 Credit Non Credit Insurance Balance Sheet KEY OBJECTIVES • Liquidity management • Asset Liability Management • Manage Treasury assets • Corporate Fixed Assets and Investments Balance Sheet Management Assets as % of Total Assets • Balance Sheet Management Assets as a percentage of Total Assets has been decreasing consistently over years • Focus on increasing Liquidity cushion in line with Balance Sheet growth
  • 34.
  • 35.
    Key Milestones Started Operations July2011 Highest startup capital INR 550 Crs 2013 45 Branches 3,401 Agents 1,275 Employees 18 Products 55 Cr Premium 2016 71 Branches 15,490 Agents 1,943 Employees 26 Products 310 Cr Gross Premium Q1 2017 71 Branches 16,303 Agents 1,985 Employees 26 Products 57 Cr Q1 Gross Premium 35 Credit Non Credit Insurance Balance Sheet
  • 36.
    Insurance Strategy definedby 36 Products • Boutique of products meeting variety of customer needs with superior features Distribution • Continued focus on Need Based Selling (Brand: Vijaypath) • Agency-led multi-channel distribution approach with emphasis on productivity • Focus on building direct capability specifically online • Aim to be industry leader on sales productivity Investments • Providing superior returns through top performing funds Technology • Provide unique and enhanced customer experience across all touch points • Generate operating efficiencies across the organization Efficient • Strong focus on being cost-efficient Credit Non Credit Insurance Balance Sheet
  • 37.
    Fastest Growing IndividualAnnual Premium Equivalent 37 • Individual Annual Premium Equivalent - INR 18.9 Crs for Q1 FY17 • Best 13th month persistency (71%) in non- bank dominated companies • 9th Rank amongst all the private insurers in FY16 as against 16th rank in FY15 (Source: IRDAI public disclosures) 42% 13% 7% Edelweiss Tokio Life Insurance Peer Set Industry Individual Annual Premium Equivalent CAGR Growth since FY13 Credit Non Credit Insurance Balance Sheet 56 61 71 FY14 FY15 FY16 Persistency (Individual & Group Business combined)
  • 38.
    Customer centric approach– wide variety of products 38 Customer centric approach • Unique need based selling approach • Strong investment performance to provide superior returns to customers • Edelweiss Tokio Funds have been rated top performers by Morningstar with all Individual Unit Linked Insurance Plan Funds rated in top decile as on Jun’16 • Provide enhanced customer experience through investment in processes and technology Product Mix Traditional Non Par 49% Traditional Par 25% Unit Linked Insurance Plan 14% Group 11% Inception till date Credit Non Credit Insurance Balance Sheet
  • 39.
    Rapidly growing &stable platform 39 Balanced channel mix with focus on agency A Responsible brand • Winner, Agency Efficiency award at India Insurance Awards, 2016 • Winner, “Top 100 Infosec Maestros Awards” in 2015 • “Yamraj to the Rescue”, won the National Gold in the public service category at the Outdoor Advertising Awards, 2015 Agency 62% Brokers 11% Direct Business 9% Bancassurance 9% Corporate Agent 8% Inception till date Credit Non Credit Insurance Balance Sheet
  • 40.
    Pan India Presence 40 Atthe end of Q1FY17 FY16 FY15 FY14 Number of Personal Financial Advisors 16,303 15,490 10,421 7,255 Number of Branches 71 in 61 cities 71 in 61 cities 59 in 49 cities 58 in 48 cities Rest of Maharashtra / Goa 6 branches Punjab / Himachal Pradesh / Uttarakhand 6 branches Uttar Pradesh 6 branches Bihar / Jharkhand 5 branches Andhra Pradesh / Telengana / Karnataka 6 branches Madhya Pradesh / Vidharbha / Chhatisgarh 5 branch Tamil Nadu / Kerala 5 branches Gujarat 7 branches Rajasthan / Haryana 6 branches West Bengal / Orissa / Assam 6 branches Delhi (NCR) 6 branches Mumbai 7 branches Credit Non Credit Insurance Balance Sheet
  • 41.
    Insurance 41 Edelweiss Tokio LifeInsurance Company Limited Standalone (ETLI) (INR Cr) Q1FY17 Q1FY16 FY16 FY15 Gross Premium Income 57 32 310 193 Investment Income & Other Income 40 26 87 97 Total Income 97 58 397 290 Total Expenses 128 86 552 361 Profit Before Tax (31) (27) (155) (71) Profit After Tax (31) (27) (155) (71) Edelweiss’ Share in PAT (16) (20) (104) (53) Net Worth* 915 539 939 569 Tokio Marine has infused INR 527 Cr in FY16 for 23% stake * Includes unrealised gains on equity and mutual fund investments per IRDA norms Credit Non Credit Insurance Balance Sheet
  • 42.
  • 43.
    Key Highlights –Balance Sheet 1 2 3 4 5 Balance Sheet On-Balance Sheet: INR~33,100 Cr; Total assets managed INR ~99,200 Cr ALM maintained Comfortable capital adequacy ratio at 18.1% Diversified Liability mix Stable business model reflected in credit ratings 43 Credit Non Credit Insurance Balance Sheet
  • 44.
    ~ $15.0 billionof Assets 44 1 Assets on Balance Sheet Distressed Assets Book (ARC Assets) Assets Under Advice (Wealth Management) 5.0 4.3 4.6 33,100 29,300 31,100 USD bn Total Assets 14.8 99,200 As on 30 Jun 2016 INR Cr Funds under Management (Asset Management) 0.9 5,700 Credit Non Credit Insurance Balance Sheet
  • 45.
    Comfortable Asset-Liability Profile 45 2 12% 33%38% 57% 76% 100% 12% 32% 37% 55% 73% 100% Asset Specific Borrowing 0-3 Mnth 3-6 Mnth 6-12 Mnth 1-3 years 3+ years Assets Liabilities % of Assets and Liabilities Jun’16: INR 33,092 Cr • Positive asset-liability matching across durations • Asset Liability Committee manages and monitors ALM, Interest Rate Risk and Liquidity Credit Non Credit Insurance Balance Sheet
  • 46.
    Strong capital position 46 3 •Steady growth in Net worth over the last several years • Sub Debt issued to improve Tier II Capital • D/E (Excluding Treasury Assets) : 4.9 • Consolidated Risk Weighted Assets (as a % of Gross Assets): 78.7% Consolidated Capital Adequacy 18.1% Tier I Networth (INR Cr) Networth = Equity + Reserves – Deferred Tax Assets 3,434 4,192 3,557 4,379 FY15 FY16 Q1FY16 Q1FY17 Tier I Tier II Total Capital Liability Structure, Jun’16 (INR Cr) 4,379 1,028 5,407 Risk Weighted Assets 29,854 Credit Non Credit Insurance Balance Sheet
  • 47.
    Diversified Sources ofBorrowings 47 4 Total Borrowings INR 7,858 Cr INR 28,526 Cr Mutual Funds Bank Asset Specific Borrowing Retail Others* 26% 14% 5% 5% FY11 Q1FY17 50% 35% 14% 14% 5% 32% * Others includes Provident Fund, Insurance & Corporate Credit Non Credit Insurance Balance Sheet • Steady diversification in sources of borrowings • Lower dependence on debt market borrowings • Exploring alternative sources of Liabilities
  • 48.
    Share of LongTerm funds increasing • Long Term Liabilities growing in line with Asset Profile • Contracted Long Term Liabilities with Insurance Companies, Banks & Mutual Funds • Edelweiss Housing Finance Non Convertible Debenture Subscribed on Day 1 - ~ 80% demand for 10 year 48 Long Term Liabilities INR (Cr) Long Term Liabilities Breakup Long Term Liabilities (LTL): Liabilities >1 year 6,641 11,473 14,475 14,999 FY14 FY15 FY16 Q1FY17 41% 43% Long Term as % of Total Liabilities Average Tenure (years) 3.3 NCD 58% Term Loan 31% Sub-debt 11% 45% 45% Credit Non Credit Insurance Balance Sheet
  • 49.
    Liquidity Cushion at~INR 3,000 Cr is 9% of Balance Sheet 49 400 1,700 2,900 3,000 FY14 FY15 FY16 Q1 FY17 • A well diversified liquidity cushion comprising of: • Banking Lines • Fixed Deposits • Government Securities, Mutual Funds etc • Steady growth in liquidity cushion to provide for any liquidity event • Continually evaluate the composition through various instruments to ensure immediacy, relevance and cost efficiency Including off Balance sheet lines INR (Cr) Credit Non Credit Insurance Balance Sheet
  • 50.
    Stable Business ModelReflected in Credit Ratings 50 5 Rating agency Purpose (debt programme) Rating Short term CRISIL A1+ Short term CARE A1+ Short term [ICRA] A1+ Long term BWR AA+ Long term CARE AA Long term [ICRA] AA Credit Non Credit Insurance Balance Sheet
  • 51.
  • 52.
    Awards Marketing campaign ofthe Year 2016 - CMO Asia #iAmTeamIndia Olympics campaign wins Marketing campaign of the year 2016 Best Corporate Governance - India At CFI.co Corporate Governance Awards 2016 Best Equity Capital Markets House and Best Broker Award at the Finance Asia Country Awards 2016 Special Jury Award for serving MSMEs 2015 (Edelweiss Retail Finance Limited) At MSME Banking Excellence Awards Ranked Amongst India’s Best Corporate Brands 2016 in the The Economic Times Consumer Survey 52
  • 53.
    TV Commercial Brandfilm with Saina Nehwal 53 https://www.youtube.com/watch?v=NL2nUnO4my8
  • 54.
    Edelweiss Olympics Campaign#iAmTeamIndia 54 Edelweiss RIO Olympics Anthem - https://youtu.be/2zBqO4pHWlY ‪ #‪ iAmTeamIndia campaign - https://www.youtube.com/watch?v=JHFZJWoRmPs ‪ Edelweiss Photo E-book - https://www.youtube.com/watch?v=1DH8fLMKkmw
  • 55.
    Send off forthe Indian Olympic Team & Launch of #iAmTeam India Anthem & Digital Book... 55
  • 56.
    Technology Update 56 Project witha global Information Technology major underway focussing on technology led business transformation for Wealth Management and Life Insurance businesses Partnered with IBM to launch competition to identify start-ups in Fintech space Engaging with select start-ups to identify & implement new edge technologies Invest in early stage fintech start-ups with strong management teams Digital Strategy for Retail Finance business finalised Priority to improve productivity and reduce risk through digital transformation
  • 57.
    Key Human ResourcesMetrics 57 At the end of Q1FY17 FY16 FY15 Head Count 6,361 6,227 5,555 Senior Hiring 33 81 113 Senior Attrition 15% 10% 17% During Q1FY17 FY16 FY15 Learning & Development Training man days 4,243 21,530 19,582 Employees covered 1,946 5,374 4,838 Building leadership capability through a Four-Tier Leadership Structure for future growth
  • 58.
    EdelGive Foundation -Key Highlights 58 Impacted over 300,000 lives in 13 states Supported 85 Non-Governmental Organizations. Brought INR 60 crores into philanthropy Women Empowerment Promoting safety, gender justice, and economic empowerment of women and girls Water and soil conservation, skill development, financial inclusion livelihood generation for communities Education Empowering children through holistic learning approach, life skill & research and advocacy Livelihood The Protection of Women from Domestic Violence Quality education for underprivileged children in schools Financial inclusion for women Edelweiss employees, families and clients have given 14,500+ hours in volunteering
  • 59.
    Shareholding Pattern 59 TOP INSTITUTIONALSHAREHOLDERS ABOVE 1%* (AS ON JUN 30, 2016) Name Percent 1 Carlyle 8.3% 2 Fidelity 5.7% 3 BIH SA 5.3% 4 SAIF Advisors 3.1% 5 Amansa Investments 1.4% 6 Abu Dhabi Investment Authority 1.2% 7 Ashoka PTE 1.1% 44.8% 31.5% 18.2% 5.5% Foreign Institutions & Companies Promoters & Employees Non Institutions Employee Trust * Holding of known affiliates have been clubbed together for the purpose of this information Significant Institutional Ownership
  • 60.
  • 61.
    Consolidated Financials –P&L (INR Cr) FY17 FY16 FY16 FY15 Q1 Q1 Annual Annual Fee and Commission Income 171 163 697 573 Fund based Income 1,220 956 4,218 3,100 Premium from Life Insurance Business 53 30 300 187 Other Operating Income 27 14 87 38 Other Income 7 5 14 14 Total Revenue 1,478 1,168 5,316 3,912 Employee Benefits Expense 248 211 882 709 Financial Costs 699 605 2,620 1,831 Depreciation & Amortization 23 20 90 72 Change in life insurance policy liability – actuarial 55 22 256 139 Other Expenses 240 172 849 633 Total Expenses 1,265 1,031 4,697 3384 Profit Before Tax 214 137 619 528 Tax Expenses 83 47 236 202 Profit After Tax 131 90 383 326 Share of Minority Interests in Profits (9) (1) (31) (3) Profit After Tax and Minority Interest 140 91 414 329 Diluted Earnings Per Share (in INR) (Face Value INR 1) 1.63 1.06 4.85 3.88 Book Value per Share (in INR) (Face Value INR 1) 47 41 45 40 61
  • 62.
    Consolidated Financials –P&L (Ex Insurance) 62 (INR Cr) FY17 FY16 FY16 FY15 Q1 Q1 Annual Annual Fee and Commission Income 171 163 697 573 Fund based Income 1,181 931 4,132 3,006 Other Operating Income 27 14 86 39 Other Income 6 4 13 10 Total Revenue 1,385 1,112 4,928 3,628 Employee Benefits Expense 214 183 754 610 Financial Costs 699 605 2,619 1,831 Depreciation & Amortization 21 19 83 64 Other Expenses 207 140 698 524 Total Expenses 1,141 947 4,154 3029 Profit Before Tax 244 165 774 599 Tax Expenses 83 47 236 202 Profit After Tax 161 118 538 397 Share of Minority Interests in Profits (6) (6) (19) (16) Profit After Tax and Minority Interest 155 111 519 381 Diluted Earnings Per Share (in INR) (Face Value INR 1) 1.85 1.33 6.22 4.65
  • 63.
    Consolidated Financials –Balance Sheet 63 (INR Cr) June 16 Mar 16 June 15 Mar 15 Equity and Liabilities Shareholders’ Funds 3,963 3,760 3,369 3,246 Equity 3,878 3,675 3,284 3,161 Preference 85 85 85 85 Minority Interest 603 612 285 286 Borrowings 28,526 27,773 24,650 23,540 Total 33,092 32,145 28,304 27,072 Assets Credit Book Assets 21,129 20,014 16,431 15,036 Fixed Deposits and Cash & Bank Balances 3,468 3,116 2,318 3,356 Government Bonds 4,266 4,866 4,501 4,323 Other Assets 4,229 4,149 5,054 4,357 Total 33,092 32,145 28,304 27,072
  • 64.
    Safe Harbor 64 DISCLAIMERS: This presentationand the discussion may contain certain words or phrases that are forward - looking statements, which are tentative, based on current expectations of the management of Edelweiss Financial Services Ltd. or any of its subsidiaries and associate companies (“Edelweiss”). Actual results may vary significantly from the forward-looking statements contained in this presentations due to various risks and uncertainties. These risks and uncertainties include the effect of economic and political conditions in India and outside India, volatility in interest rates and in the securities market, new regulations and Government policies that may impact the businesses of Edelweiss as well as the ability to implement its strategy. The information contained herein is as of the date referenced and Edelweiss does not undertake any obligation to update these statements. Edelweiss has obtained all market data and other information from sources believed to be reliable or are its internal estimates, although its accuracy or completeness can not be guaranteed. The presentation relating to business wise financial performance, ex-insurance numbers, balance sheet, asset books of Edelweiss and industry data herein is reclassified/regrouped based on Management estimates and may not directly correspond to published data. The numbers have also been rounded off in the interest of easier understanding. Tangible RoE – ex insurance is computed post dividend on Preference Shares. PAT ex-ins is excluding Minority Interest. Tangible Equity does not include Insurance networth, Deferred tax assets, Preference capital, Employee Trust Shares and Minority. Prior period figures have been regrouped/reclassified wherever necessary. All information in this presentation has been prepared solely by the company and has not been independently verified by anyone else. This presentation is for information purposes only and does not constitute an offer or recommendation to buy or sell any securities of Edelweiss. This presentation also does not constitute an offer or recommendation to buy or sell any financial products offered by Edelweiss. Any action taken by you on the basis of the information contained herein is your responsibility alone and Edelweiss or its directors or employees will not be liable in any manner for the consequences of such action taken by you. Edelweiss and/or its directors and/or its employees may have interests or positions, financial or otherwise, in the securities mentioned in this presentation. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about, and observe, any such restrictions. Edelweiss Financial Services Limited Corporate Identity Number: L99999MH1995PLC094641 For more information, please visit www.edelweissfin.com or drop us an e-mail on [email protected].