Q1 FY22 Investor Update
1989
1994
2002
2004
2009
2011
2012
2013
Incorporated
IPO
AAA Rating
GDR Issue
Crossed Rs. 500 crs profit
Crossed Rs. 50,000 Cr loan portfolio
• Best HFC by CNBC TV 18
• Construction Industry Award
•Crossed Rs. 1000 cr profit &
Rs 75,000 Cr assets
20152014
• Best HFC by
ABP News
•Crosses Rs 1
lakh cr in portfolio
•Best Housing
Finance Co. by
BFSI Awards
• Best data quality
in HFC
by CIBIL
LICHFL: A Journey of 32 Years…
•Business Today-
Best CEO Award
• Business World -
Most Respected Co
Award
•Outlook Money-Best
HFC
•Best HFC by ABP
News
•Best Data Quality by
CIBIL
•Asia Pacific
Entrepreneurship
Award
•Power Brands
Awards by Franchise
India
2016
2017
•Crosses 150,000 cr in assets
•Outlook Money-Best HFC
•Business Today BFSI Best
CEO
•NSE for highest Debt
Issuance
2
•Voted as the ‘Brand of the
Decade 2019’ by BARC Asia
•Crossed 2,00,000 Cr in
Assets
•NSE for Best Issuer on EBP
2019
3
Q1 FY22 PAT at Rs 153.44 cr as against Rs 817.48 cr
Q1 FY22 Total Revenue from operations Rs. 4857.11 cr as against Rs. 5003.71 cr
Outstanding Loan portfolio up by 11 % to Rs. 232548 cr
Individual Loan Portfolio up by 11% to Rs. 216947 cr
Individual Home Loan Portfolio up by 13% to Rs. 182055 Cr
Q1FY22 Disbursements Rs. 8652 cr against Rs. 3560 cr , growth of 143%.
Individual Home Loan Disbursements Rs. 7650 cr against Rs. 3034 cr, growth of 152%
Net Interest Income Rs. 1275.31 cr as against 1220.61 cr as on 30.06.2021, growth of 4.5%
Net Interest Margins 2.20 % for Q1 FY22 as against 2.32 % for Q1FY21
Stage 3 EAD at 5.93% as against 4.12% as on 31.03.2021
Executive Summary – Q1/FY22
4
• During the quarter, several states were under lockdowns and restrictions due to
second wave of Covid-19, which has impacted business activities.
• Collection efficiency for June 2021 stood at 98%.
Total ECL provision stood at Rs. 4727.02 Cr as on 30.06.2021.
Covid-19 related provision stood at Rs 657.75 Cr as on 30.06.2021.
Impact of Covid 19
5
Disbursement (Rs. Cr) CAGR 7%
Profit After Tax (Rs. cr) CAGR 9%Income (Rs. cr) CAGR 9%
Loan Portfolio (Rs.cr) CAGR 14%
Update – last 5 years
145568167467
194646 210578 232003
0
50000
100000
150000
200000
250000
2017 2018 2019 2020 2021
14080 1484117365
19670 19848
0
10000
20000
2017 2018 2019 2020 2021
1931 20032431
24012734
0500
10001500200025003000
2017 2018 2019 2020 2021
4154149378
53908
4693655223
0
10000
20000
30000
40000
50000
60000
2017 2018 2019 2020 2021
6
Gross & Net NPAs #
Operating Expense to Total Income
Total Provisions* (Rs cr)
Profit per employee (Rs. lacs)
# As per IGAAP
* For 2019, 2020 & 2021 ECL Provisions of Stage 1,2 and 3
Update – last 5 years
0.43%0.78%
1.54%
2.86%
4.01%
0.14%0.43%1.08%
1.99%2.70%
0%
1%
2%
3%
4%
5%
2017 2018 2019 2020 2021
Gross
Net
1038 12491659
2612
3971
0500
10001500200025003000350040004500
2017 2018 2019 2020 2021
105.3495.22
105.28100.41
112.66
0
50
100
2017 2018 2019 2020 2021
4.34%
2.98% 2.74% 3.14% 3.53%
0%
5%
2017 2018 2019 2020 2021
7
EPS (Rs) (Rs 2/- pd up)
Return on Avg Equity
Book Value (Rs)(Rs 2/- pd up)
Return on Avg Loan Assets
Update – last 5 years
38.26 39.6848.16 47.59
54.18
0102030405060
2017 2018 2019 2020 2021
219.49 251.49322.19 360.47 402.35
0
200
400
2017 2018 2019 2020 2021
1.43% 1.28% 1.34% 1.18% 1.24%
0%
1%
2%
2017 2018 2019 2020 2021
19.00% 17.00%16.00%
14.00% 14.00%
0%
10%
20%
2017 2018 2019 2020 2021
• 9 Regional Offices
• 24 Back Offices
• 282 Marketing Offices
• Rep offices in Dubai & Kuwait
• Coverage of more than 450 centres
• 2421 Employees
Back offices
Operating offices
Regional offices
Corporate office
Nagercoil
ThiruvananthapuramKottayam
Ernakulam
Kozhikode
Thrissur
Tirumangalam
Madurai
Thanjavur
Pondicherry
Tiruchirapalli
Coimbatore
Salem
Vellore
ChennaiHosurMysore
Mangalore
Bengaluru
Panjim
Vashi
Mumbai
NelloreHubliTirupati
Bellary
Anantapur
Kurnool
Guntur
Kakinada
Vijayawada
Hyderabad Rajahmundry
Visakapatnam
Warangal
Bhubaneshwar
Kolkata
Silchar
Guwahati
Siliguri
Gangtok
Patna
ShimlaJalandharAmritsar
LudhianaChandigarh
Dehradun
HaldwaniKarnal
Bareilly
Ghaziabad
New Delhi
AgraLucknow
Kanpur
JaipurAjmer
Gwalior
Bikaner
Jodhpur
Rajkot
Udaipur
Ahmedabad
Vadodara Indore
Bhopal
Allahabad
Jabalpur
Varanasi
Ranchi
Jamshedpur
RourkelaBilaspur
RaipurNagpurJalgaonSurat
Vapi
AurangabadNasik
Kalyan
ThaneJogeshwari
Pune
Kolhapur
Belgaum
Gulburga
Nallasopara
Kota
Hassan
Erode
Kannur
Kollam
Palghat
Gandhidham
Satara
Durg-Bhilai
Gorakhpur
Meerut
Behrampur
Cuttack
Dhanbad
Durgapur
Jorhat
Malda
GurgaonFaridabad
Noida
AmbalaBhatinda
HisarPatiala
Large geographic presence
Year No of
Marketing
Offices
No of Back
offices
No of
Regional
Offices
No of
Employees
Lon
Portfolio
Rs cr
2008 125 14 6 985 21936
2013 194 16 7 1446 77812
2020 282 24 9 2392 210578
2021 282 24 9 2427 232003
Widening footprint…improved efficiencies
8
HOME LOAN AGENTS (HLAs)
(Agents of LIC)
DIRECT SALES AGENTS (DSAs)
(Small Firms/Companies etc)
CUSTOMER RELATIONS
ASSOCIATES (CRAs)
(Individual Agents of the Company)
282Marketing Offices
47 branches of
LICHFL Financial Services(100% subsidiary of LICHFL)
Distribution Network
9
DIRECT MARKETING EXECUTIVES
(DME)(Captive Marketing Channel)
New Marketing Channel
*Online Loan approvals during Q1 FY22 were Rs.3493 Cr
91%
9%
Customer Type (No.)
Salaried Self Employed
58%
17%
4%
9%
2%10%
Originations by source
HLA DSA CRA DME DIRECT LICHFLFSL
₹ 20.0
₹ 21.0
₹ 22.0
₹ 23.0
₹ 24.0
₹ 25.0
Q1FY21 Q1FY22
Incremental Ticket Size(Rs lacs)
44%85
Offices
56%197
Offices
Top 7 cities & Others
Top 7 cities Others10
Origination Pattern & Average Ticket Size
11
Loan Book Composition
30.06.202030.06.2021
Retail Home Loans
78.3%
Retail LAP/ LRD/etc
15%
Developer Loans6.7%
O/s Portfolio Rs. 232548 cr O/s Portfolio Rs. 209817 cr
Retail Home Loans76.6%
Retail LAP/ other16.4%
Developer Loans
7%
12
Installment to Net Income RatioOn Incremental Sanctions
For FY20 31.00%
For FY21 29.00%
For Q1FY22 30.00%
Loan To Value RatioOn Incremental Sanctions
For FY20 49%
For FY21 48%
For Q1FY22 52%
Pure Floating Rate LoansTo Outstanding Portfolio
As of FY20 92%
As of FY21 97%
As of Q1FY22 97%
PrepaymentLump Sum/ opening book
For FY20 10.1%
For FY21 10.8%
For Q1FY22 8.6%
Individual Loans – Portfolio Stats
13
Q1 FY 2022 Q1 FY 2021
Return on Average Equity (%) 3.04% 17.58%
Return on Average Assets (%) 0.3% 1.6%
Earnings per share (on Rs 2 pd up) 3.04 16.20
Capital Adequacy Ratio
Tier I
Tier II
Total
March 2021
13.87
1.40
15.28
March 2020
12.19
1.70
13.89
Financial Highlights
14
Executive Summary-Q1/FY22
Var Q1
FY22
(Rs. Cr)
Q1
FY21
(Rs. Cr)
Revenue from Operations-2.9% 4857.11 5003.71
Finance cost-5.7% 3549.97 3764.47
Net Interest Income4.5% 1275.31 1220.61
Impairment on Financial Instruments and Net Loss on
De-recognition of Financial Instruments - 830.41 56.45
Profit before Tax-81.0% 192.93 1017.67
Tax Expense-80.3% 39.49 200.19
Net Profit-81.2% 153.44 817.48
Executive Summary-Q1/FY22
Var Q1FY22 Q1FY21
Disbursements
Individual 147.4% 8415 3402
Project 49.1% 237 159
Total 143.0% 8652 3560
Outstanding Portfolio
Individual 11.2% 216947 195176
Project 6.5% 15601 14641
Total 10.8% 232548 209817
Net Interest Margins(%) 2.20% 2.32%
Weighted average cost of funds 6.88% 7.87%
Yield on advances annualised 8.80% 10.15%
Spreads 1.92% 2.28%
Outstanding Borrowings – Rs. 206391 crSource Wtd
Avg
Cost
(%)
Banks & Institutions 5.82%
National Housing Bank 5.70%
Non Convertible Debenture 7.76%
Upper Tier II 7.30%
Commercial Paper 4.15%
Deposits 6.49%
Total 6.88%
as on 30.6.2021
Liability Profile
During Q1 FY22, Incremental Cost of funds was 5.03%
Bank26%
NCD55%
NHB5%
Sub Debt1%
CP4%
Deposits9%
16
17
Change in Liability Mix- last 4 yrs
Wtd. Avg. cost
of Funds
Bank funding has
reduced from
32% in FY12 to
25% in FY14.
Retail Deposits
increased to 2.2%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Q1FY22 FY21 FY20 FY19 FY18
Others
Deposit
NHB
Bank
NCD
6.88% 6.93% 8.08% 8.49% 8.31%
18
Yield & Cost of Funds on portfolio
Q1 FY21 Q1 FY22
Yield on Advances onPortfolio
10.15% 8.80%
Wtd Avg cost of funds onTotal Borrowed Funds
7.87% 6.88%
10.15%
8.80%
7.87%
6.88%
0.01
0.012
0.014
0.016
0.018
0.02
0.022
0.024
0.026
0.028
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
19
NIMs
2.41%2.32%
2.20%
1.00%
1.50%
2.00%
2.50%
3.00%
Q1
FY
20
Q1
FY
21
Q1
FY
22
20
Classification of Assets
Exposure At Default % June-21 June-20
Stage 1 88.69% 93.20%
Stage 2 5.38% 3.97%
Stage 3 5.93% 2.83%
Total 100% 100%
ECL Provision June-21 June-20
Stage 1 Rs. 83.96 cr Rs. 0.13 cr
Stage 2 Rs. 29.71Cr Rs. 0.14 Cr
Stage 3 Rs. 4613.35 Cr Rs. 2668.63 Cr
21
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While every care is taken to verify the accuracy of the information given in this presentation,neither the Company nor its officials would in any way be liable for any action taken or nottaken by the viewers or the users of this presentation or for any claims, losses etc.
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