Equitas Holdings Limited Investor Presentation Q3FY17 1
Mission Empowering through Financial Inclusion Vision To Serve 5% of Indian Households by 2025 Values Fair and Transparent 2
Highlights Q3FY17 Rs.7,181 Cr AUM* Rs.760 Cr Total deposits Rs.44.9 Cr PAT 10.5% NIM Rs.1,166 Cr Disbursement 6,523 No. of accounts** 8.18% ROE 10.2% Borrowing cost Micro Finance 98.4% Quarterly collection efficiency 2.46% Gross NPA 605 Asset Branches 12,694 Total Employees 1.02% PAR > 30 days past due 1.65% Credit Cost 112 Liabilities Branches 2,691 Liabilities Employees * AUM is Advances Under Management ** - CASA & TD 3
Impact of Demonetisation on Equitas Q3FY17 Overall disbursement down 24% QoQ Micro Finance (MF) disbursement down 25%; disbursement shifts to 100% bank mode post demonetisation Vehicle Finance disbursement down 14%; MSE offerings disbursement down 37% Delinquency and Collection efficiency impacted MF quarterly collection efficiency at 98.4% vs. 99%+ previously, due to impact in certain geographies Portfolio at Risk (PAR>1 dpd) increased to 3.85% of total MF portfolio Total number of delinquent customers touch 1.46 lakh as on 31 Dec Equitas has followed RBI special dispensation on Asset classification, providing additional 60 days for HF portfolio and 90 days for other products, for the recognition of substandard loans Bank s GNPA at 2.46% vs. 2.98% GNPA, if dispensation had not been utilised Consequent to the Micro Finance collection efficiency impact, in certain geographies, additional NPA provision of Rs.15 Crore has been made in Q3FY17 enhancing the Provision Coverage to 68.6% Bank s Credit cost at 1.65% vs. 0.81% without additional provision NNPA at 0.77% vs. 1.03% without additional provision 4
Impact on Micro Finance portfolio Collection efficiency Monthly & Quarterly cumulative Region Oct Nov Dec Q3FY17 Tamil Nadu 99.4% 99.4% 99.3% 99.7% Maharashtra 99.6% 97.1% 83.4% 93.2% Karnataka 99.5% 99.1% 91.2% 96.7% Madhya Pradesh 98.9% 97.8% 92.2% 96.4% Other States 99.3% 99.0% 97.8% 98.8% Overall 99.4% 99.0% 96.2% 98.4% Centre level collections 10% 8% 6% 4% 2% 0% 97.1% 96.1% 90.2% 2.6% 3.4% 0.3% 0.5% 7.0% 2.8% 100% 80% 60% 40% 20% 0% Oct Nov Dec Zero Collection Partial Collection Full Collection (RHS) Principal at Risk (PAR) 5% 4% 3% 2% 1% 0% 2.83% 0.28% 0.30% 0.80% 0.27% Oct Nov Dec 1-30 days >30 days Total PAR (Rs. Cr) Monthly Disbursement (Rs. Cr) 294 20 168 Total Disbursement -41% 40 1.02% 120% 172 172 132 78 Oct Nov Dec 136 Bank mode disbursement 150 100 50 0-50 -100 5
Micro Finance collection trend Nov & Dec 16 MF billing efficiency trend = Collections against current month EMI / Current month EMI due (%) 99.26% 99.29% 96.81% 96.31% 96.62% Nov Dec 26-Jan November billing efficiency December billing efficiency 6
Collection impact - Other products Oct to Dec 16 Collections trend Collections against current month EMI / Current month EMI due (%) Vehicle Finance Housing Finance Loan against Property Micro-Loan against Property 98.8% 97.5% 97.5% 84.5% 82.3% 81.0% 91.4% 91.7% 90.9% 91.5% 89.4% 88.4% 1 2 Oct Nov Dec 1 2 Oct Nov Dec 7
Impact on Asset quality RBI dispensation on Asset classification GNPA (Rs. Cr) calculated based on RBI dispensation on Asset classification Q3FY17 Q3FY17 GNPA GNPA GNPA (%) for Q3FY17 and difference if RBI dispensation for asset classification had not been utilised 1.33% 0.52% 6.07% 0.28% 2.46% 0.06% 0.27% 1.47% ESFB MF VF MSE offerings GNPA with dispensation reduction due to dispensation 0.93% 5.21% HF
Consolidated Financial Overview 9
Consolidated Financial Overview Rs.1,166 Cr Rs.7,181 Cr Rs.8,631Cr Rs.760 Cr Disbursement AUM Assets Deposits Q3FY17-17% YoY Rs.230.7 Cr NII 30% YoY 49% YoY 2.3% CASA Rs.170.9 Cr Rs.29.4 Cr Rs.44.9 Cr Opex Provisions PAT 48% YoY 80% YoY 106% YoY 4% YoY 9MFY17 Rs.4,101 Cr Disbursement Rs.635.6 Cr NII Rs.425.1 Cr Opex Rs.99.7 Cr Provisions Rs.152.5 Cr PAT 12% YoY 48% YoY 67% YoY 124% YoY 27% YoY 10
Consolidated Key Ratios 10.5% [11.3%] NIM 63.1% [53.7%] Cost / Income 8.18% [13.55%] ROAE 30.2% Tier 1 Q3FY17 14.8% Non-interest income/net income 7.8% [6.9%] Cost / Assets 2.04% [3.13%] ROAA 33.1% CAR 2.46% GNPA 0.77% NNPA 68.6% [27.0%] PCR 1.65% [1.10%] Credit cost 9MFY17 11.3% NIM 17.0% Non-interest income/ Total Income 55.5% Cost / Income 11.41% ROAE 2.71% ROAA [] figures in brackets pertain to Q3FY16 11
Consolidated Financial Performance 12
Consolidated Balance Sheet Rs. Cr Dec 16 Dec 15 YoY % Sep 16 QoQ % March 16 Capital & Liabilities Share Capital 337.22 269.46 25% 336.96 0% 269.92 Reserves & Surplus 1,883.50 1,023.42 84% 1,837.65 2% 1,071.43 Net Worth 2,220.72 1,292.88 72% 2,174.60 2% 1,341.35 Borrowings 5,822.25 4,154.88 40% 6,152.77 (5%) 4,683.28 Other Liabilities & Provision 588.38 348.89 69% 683.97 (14%) 481.91 Total Capital & Liabilities 8,631.35 5,796.65 49% 9,011.34 (4%) 6,348.94 Assets Cash and Bank Balance 769.93 280.12 175% 734.65 5% 946.97 Investments 1,393.87 176.30 691% 1,821.72 (23%) 11.87 Advances 5,886.89 5,013.88 17% 5,654.81 4% 5,070.21 Fixed Assets 234.81 50.93 361% 161.13 46% 65.78 Other Assets 345.85 275.42 26% 639.02 (46%) 254.11 Total Assets 8,631.35 5,796.65 49% 9,011.34 (4%) 6,348.94 AUM [On Book + Off Book] 7,180.61 5,505.19 30% 7,078.72 1% 6,124.72 13
Consolidated Profit & Loss Rs. Cr Q3FY17 Q3FY16 YoY % Q2FY17 QoQ % 9MFY17 9MFY16 YoY % Interest Income 383.82 271.01 42% 356.20 8% 1,065.92 738.79 44% Finance Cost 153.15 115.35 33% 155.58** (2%) 430.28 308.27 40% Net Interest Income 230.67 155.66 48% 200.62 15% 635.64 430.52 48% Other Income 40.20 20.81 93% 66.63 # (40%) 129.77 55.91 132% Net Income 270.86 176.47 53% 267.25 1% 765.41 486.43 57% Operating Expenses 170.88 94.82 80% 140.80 21% 425.06 254.71 67% Profit before Provisions 99.99 81.66 22% 126.46 (21%) 340.35 231.72 47% Credit Cost 29.41 14.27 106% 52.77 # (44%) 99.74 44.50 124% Profit Before Tax 70.58 67.39 5% 73.69 (4%) 240.61 187.22 29% Provision for Taxation 25.63 24.35 5% 27.35 (6%) 88.15 66.86 32% Profit After Tax 44.94 43.04 4% 46.35 (3%) 152.46 120.36 27% Q3FY17 Notes: * - Credit cost includes Rs.15 Cr additional provision made Q2FY17 Notes: ** - Finance Cost includes Rs.11.1 Cr pre-closure charge on Term Loans repaid; # - Other income includes Rs.37.9 Cr Standard Assets Provision reversal and Credit Cost includes Rs.38.1 Cr additional NPA provision & Floating Provision 14
Consolidated Key Ratios Net Interest Margin (NIM) Cost / Avg. Assets 1.0% # 7.0% 6.9% 6.7% 6.9% 7.0% 7.2% 7.8% 12.1% 11.3% 11.1% 11.3% 12.6% 10.3% 10.5% FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 Credit cost FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 Cost / Income 1.39% ** 55.0% 53.6% 53.0% 53.7% 49.9% 58.6% 63.1% 0.93% 1.55% 1.17% 1.10% 1.11% 1.71% 1.65% * FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 * Q3FY17 credit cost includes Rs.15 Cr of additional provision # Excluding excess Standard Assets provision written back & pre-closure charges paid on term loans ** Additional one time provision and floating provision 15
Consolidated Key Ratios (contd.) Return on Avg. Assets (ROAA) Gearing - Avg. Assets / Avg. Equity 0.69% * 3.23% 2.96% 3.09% 3.13% 3.78% 2.37% 2.04% 2.8x 2.8x 3.3x 3.3x 2.8x 2.7x 3.0x FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 Return on Avg. Equity (ROAE) FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 Asset Quality Gross NPA 2.51% * 12.25% 11.15% 13.31% 13.55% 14.21% 8.67% 8.18% 0.73% 1.08% 1.34% 1.33% 1.61% 2.54% 2.46% FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 * One-time bank transition impact 16
Asset quality evolution 160 140 120 100 80 60 40 20 0 1.34% 0.94% 68 1.61% 92 2.54% 1.14% 1.17% 144 145 48 65 85 79 Mar-16 Jun-16 Sep-16 Dec-16 150 day NPA recognition GNPA (Rs. Cr) NNPA (Rs. Cr) GNPA % (RHS) NNPA % (RHS) ( Including FP) 120 day NPA recognition RBI banking norms of NPA recognition 90 day NPA recognition and repossessed assets form part of NPA as a Bank 2.46% 0.77% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% GNPA 2.46% after utilisation of RBI dispensation; 2.98% if dispensation not utilised NNPA 0.77% after additional provision of Rs.15 Cr during the quarter; 1.03% w/o additional provision 17
Funding profile As on 30 Sep 2016 As on 31 Dec 2016 4.4% 9.6% 1.8% 26.7% Term Loans Refinance 9.6% 12.6% 13.6% Debenture Sub-ordinated Debt 4.6% 22.8% 35.3% 22.2% Commercial Paper CASA & TD 36.8% Funding cost evolution 11.8% 12.2% 11.8% 11.6% 11.0% 10.7% 10.2% Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 18
Credit segments overview Advances under management (AUM) (Rs. Cr) Credit offerings and Q3FY17 AUM composition 7,079 7,181 Micro Finance - 49% 6,125 5,505 Vehicle Finance - 29% 1,484 2,486 4,010 Housing Finance 4% M-LAP 17% LAP 4% Business Loans 0.3% Micro Finance FY13 FY14 FY15 FY16 Q3FY16 Q2FY17 Q3FY17 Vehicle Finance Micro Loan against Property Loan against Property Business Loan 2-wheeler Loan Gold Loan Agri Loan Housing Finance Gold loans Agri Loans 0.2% Two-Wheeler loans New Products 19
Credit segments overview (contd ) Total Disbursement (Rs. Cr) 6,000 5,000 4,000 3,606 5,194 1,411 1,544 1,166 1800 1500 1200 3,000 2,000 1,488 2,384 900 600 1,000 300 - FY13 FY14 FY15 FY16 Q3FY16 Q2FY17 Q3FY17 Credit quality 0 3.10% * 1.33% 2.54% 2.46% 1.65% 1.10% Q3FY16 Q2FY17 Q3FY17 GNPA Credit cost * Additional one time provision and floating provision 20
Micro Finance AUM (Rs. Cr) 2,935 3,614 3,545 Disbursement (Rs. Cr) 902 846 634 Credit quality 0.4% 0.3% 0.2% 0.1% 0.0% Q3FY16 Q2FY17 Q3FY17 0.63% 0.17% 0.25% 0.34% 0.27% 0.14% Q3FY16 Q2FY17 Q3FY17 GNPA Credit cost 0.8% 0.6% 0.4% 0.2% 0.0% Q3FY16 Q2FY17 Q3FY17 Operational parameters Micro Finance As of 31 Dec 2016 Average Loan size Rs.22,000 No. of customers 30 lakh No. of locations 411 Rate of Interest (current average) 22% Average Yield 20.4% 21
Used Commercial Vehicle Finance AUM (Rs. Cr) Disbursement (Rs. Cr) 1,406 1,771 1,865 312 424 365 Credit quality 8.0% 6.0% 4.0% 2.0% Q3FY16 Q2FY17 Q3FY17 2.47% 3.80% 6.69% 2.06% 6.07% 2.40% Q3FY16 Q2FY17 Q3FY17 GNPA Credit cost (RHS) 3.1% 2.1% 1.1% 0.1% Q3FY16 Q2FY17 Q3FY17 Operational parameters UCV Finance As of 31 Dec 2016 Average Loan size Rs.3,75,000 No. of customers 64,190 No. of locations 171 Rate of Interest (current average) 18-24% Average Yield 20.8% 22
MSE offerings (Micro LAP, LAP, Business, Two-Wheeler, Gold & Agri Loans) AUM (Rs. Cr) Disbursement (Rs. Cr) 1,430 1,507 251 936 171 1% 0.5% 158 8% 11% 7% Credit quality 1.6% 1.2% 0.8% 0.4% 0.0% Q3FY16 Q2FY17 Q3FY17 Micro Loan Loan Business 2-wheeler Gold against Property against Property Loan Loan Loan 0.29% 0.31% 1.46% 1.47% 0.18% 0.29% Q3FY16 Q2FY17 Q3FY17 GNPA Credit cost (RHS) Agri Loan 0.4% 0.3% 0.2% 0.1% 0.0% Q3FY16 Q2FY17 Q3FY17 Micro Loan Loan against Business 2-Wheeler Gold against Property Property Loan Loan Loan Operational parameters MSE Offerings As of 31 Dec 2016 Average Loan size 73% Rs.2,00,000 No. of customers 84,214 Rate of Interest (current average) 17-24% Average Yield 17.5% Agri Loan 23
Housing Finance AUM (Rs. Cr) Disbursement (Rs. Cr) 264 264 26 23 229 10 Credit quality Q3FY16 Q2FY17 Q3FY17 Q3FY16 Q2FY17 Q3FY17 Operational parameters 6.0% 4.5% 4.86% 1.80% 5.21% 2.0% 1.5% Housing Finance As of 31 Dec 2016 Average Loan size Rs.5,90,000 No. of customers 4,857 3.0% 3.02% 0.70% 0.80% 1.0% No. of locations 23 1.5% Q3FY16 Q2FY17 Q3FY17 GNPA Credit cost (RHS) 0.5% Rate of Interest (current average) 11-14% Average Yield 17.7% 24
Liabilities Update as of 31 Dec 2016 Product offerings banking, digital and others 112 liabilities branches active and operational 6,523 deposit accounts opened Rs. 760 Cr total deposits CASA 2.3% 2,691 branch banking employees on boarded 40 ATMs operational Internet and Mobile banking launched during Q3FY17 NEFT / RTGS / IMPS launched during Q3FY17 3 rd party products sale commenced - Life & Gen. Insurance and Mutual Funds ICC World No.1 Cricket all rounder Ravichandran Ashwin signed up as brand ambassador Key personnel on-boarding Head of Outreach Banking (Business Correspondents) Head of Housing Finance Head of Banking Customer Service Current Accounts Term Deposits Insurance (3 rd party) Savings Accounts NRI Accounts Investments (3 rd party) Customized Payments Cards (Debit / Credit) Mobile banking app Passbook Kiosks Internet Banking Wallet ATM Cheque Deposit Machines 25
Presence across India Region-wise No. of Liability locations as of Dec 31 2016 Region-wise No. of Asset locations as of Dec 31 2016 Region Total Region MF UCV HF Total South 81 West 9 North 22 Grand Total 112 South 207 86 20 313 West 147 55 3 205 North 57 30-87 Grand Total 411 171 23 605 26
Equitas Technologies Private Limited [ETPL] - Highlights Operations started effective middle of Q2 Driver App rolled out in Q3. Supplier App likely by February 2017 Off-line operations currently in 3 cities in Tamil Nadu Transactions are only intracity movements and volumes growing steadily Full technology led operations by end Q1FY18 Operational revenue Q3 - Rs.27 Lakh and Net Loss of Rs.133 lakh 27
CSR Initiatives Social impact continues 28
Corporate Social Responsibilities EDIT Equitas Development Initiatives Trust Set up in 2008 and supervised by eminent trustees, Equitas believes social initiatives also enables it to engage better with underbanked communities that it works with Group CSR Policies Group has a policy to contribute up to 5% of PAT to CSR activities and Rs.2,000 per branch per month may be allocated for primary health care and skill development of customers Medical awareness and preventive healthcare programs 4.5mn beneficiaries from health and eye care camps 7 English-medium board schools 5000+ children from low-income households enrolled Job fairs for candidates form economically weaker sections 81,000+ candidates previously unemployed placed in jobs CSR contribution (Rs. mn) 60 55.4 Equitas Birds Nest Pavement dwellers rehabilitation program 1,000+ families rehabilitated to organized housing 50 40 30 28.3 34.0 Skills development program 430,000+ people trained on cottage livelihood skills 20 10 0 13.8 FY13 FY14 FY15 FY16 Equitas DhanyaKosha (EDK) Rs.2.6mn per month benefit to customers via 24 non-profit stores 29
Equitas Social Initiatives Particulars FY16 Q2FY17 Q3FY17 Cumulative since inception No. of beneficiaries in health camps 864,384 207,156 200,072 4,351,361 No. of spectacles provided [free of cost] 11,690 2,595 2,340 90,167 No. of cataract operations [free of cost] 1,563 517 483 27,478 No. of people trained on cottage livelihood skills 41,268 9,405 8,033 435,631 No. of unemployed youth placed in jobs 26,320 7,334 10,027 81,855 No. of families living on pavements rehabilitated 362 107 167 1,069 No. of children studying in the 7 Equitas schools 4,142 5,043 5,043 N.A. 30
Annexures & General Information 31
EHL - Shareholding Pattern As of Oct 14, 2016 As of Jan 27, 2017 Banks, Trust, NBFC, FI, 2.1% Banks, Trust, NBFC, FI, 5.0% Mutual Funds, 27.4% Foreign Investors, 46.7% Bodies Corporate, 10.4% Other, 13.4% Resident Individual, HUF, 11.9% Employees, 1.5% Mutual Funds, 29.1% Foreign Investors, 44.8% Bodies Corporate, 7.8% Other, 13.3% Resident Individual, HUF, 11.8% Employees, 1.5% 32
Financial Overview Q3FY17 Equitas Group AUM - Rs.7,181 Crore Holdings standalone PAT Rs.1.3 Crore PAT - Rs.44.9 Crore ESFBL AUM - Rs.7,181 Crore PAT - Rs.44.9 Crore ETPL Loss Rs.1.3 Crore Vehicle Finance Disbursement Rs. 365 Crore AUM Rs.1,865 Crore Micro Finance Disbursement Rs. 634 Crore AUM Rs.3,545 Crore MSE offerings Disbursement Rs. 158 Crore AUM Rs.1,507 Crore Housing Finance Disbursement Rs. 10 Crore AUM Rs.264 Crore 33
Key Indicators Profitability [Rs. Cr] FY13 FY14 FY15 FY16 Q3FY16 Q3FY17 YoY Growth Q2FY17 QoQ Growth Gross Interest Income 255 436 687 1,014 271 384 42% 356 8% Finance Cost 108 190 295 436 115 153 33% 156 (2%) Net Interest Income 147 246 392 578 156 231 48% 201 15% Other Income 29 48 69 101 21 40 93% 67 (40%) Net Income 176 294 461 679 176 271 53% 267 1% Opex 127 162 247 360 95 171 80% 141 21% Credit Cost 9 18 50 59 14 29 106% 53 (44%) PBT 40 114 164 260 67 71 5% 74 (4%) Tax 8 40 57 93 24 26 5% 27 (6%) PAT 32 74 107 167 43 45 4% 46 (3%) Key Ratio ROA 2.27% 3.23% 2.96% 3.05% 3.13% 2.04% 2.37% ROE 8.24% 12.25% 11.15% 13.31% 13.55% 8.18% 8.67% Gearing Ratio [No. of times] 2.64 2.79 2.77 3.37 3.33 3.01 2.65 EPS [Basic] 2.10 3.99 4.48 6.21 4.47 4.60 3.27 Book Value Per Share [*] 81.70 102.13 43.54 49.69 47.98 65.85 64.54 * FYs 13 & 14 - not adjusted for Bonus Shares issued in June 2014 [2 shares for every 1 held] 34
Disbursement Disbursement Segment-wise Particulars FY14 FY15 FY16 Q3FY17 MF 63.1% 59.0% 61.1% 54.3% UCV 30.5% 25.0% 22.9% 31.3% MSE offerings 3.8% 12.9% 14.0% 13.5% HF 2.6% 3.1% 2.0% 0.9% Total 100.0% 100.0% 100.0% 100.0% Disbursement - State-wise Particulars FY14 FY15 FY16 Q3FY17 Tamil Nadu 57.0% 57.7% 56.7% 56.5% Maharashtra 17.4% 14.8% 14.5% 13.7% Karnataka 4.3% 6.4% 8.0% 6.2% MP 6.6% 5.7% 4.7% 4.0% Rajasthan 5.4% 4.2% 4.0% 3.7% Gujarat 5.1% 3.5% 4.2% 3.6% Others 4.2% 7.6% 7.9% 12.4% Grand Total 100.0% 100.0% 100.0% 100.0% Others include: Puducherry, Chhattisgarh, Haryana, Punjab, Andhra Pradesh, Telangana 35
Segment-wise Advance under Management [AUM] AUM [Rs. Cr] FY13 FY14 FY15 FY16 CAGR [FY16 over FY13] Q3FY16 Q3FY17 YoY Growth Micro Finance On Book 864 1,186 1,623 2,576 2,655 2,781 4.7% Off Book 270 317 521 707 280 764 173.0% Micro Finance - AUM 1,135 1,503 2,144 3,283 42.5% 2,935 3,545 20.8% % of Total AUM 76.5% 60.5% 53.5% 53.6% 53.3% 49.4% UCV On Book 305 756 1,151 1,510 1,403 1,778 26.7% Off Book - 45 25-2 87 3,501.6% UCV - AUM 305 801 1,175 1,510 70.5% 1,406 1,865 32.7% % of Total AUM 20.5% 32.2% 29.3% 24.7% 25.5% 26.0% MSE offerings On Book - 87 511 739 726 1,064 46.5% Off Book - - - 348 209 443 111.8% MSE offerings AUM - 87 511 1,087 252.5% 936 1,507 61.1% % of Total AUM 0.0% 3.5% 12.7% 17.8% 17.0% 21.0% Housing Finance On Book 45 94 180 246 76.6% 229 264 15.2% % of Total AUM 3.0% 3.8% 4.5% 4.0% 4.2% 3.7% Total On Book 1,213 2,123 3,465 5,070 5,014 5,887 17.4% Off Book 270 363 545 1,055 491 1,294 163.3% Total AUM 1,484 2,486 4,010 6,125 60.4% 5,505 7,181 30.4% 36
Disbursement & AUM 2,384 61 90 728 1,505 3,606 112 463 902 2,129 Disbursement (Rs. Cr) 5,194 104 726 1,191 1,544 1,411 1,391 3,173 26 23 24 171 251 217 312 348 424 902 802 846 1,166 10 158 365 634 2,486 94 87 801 1,503 4,010 180 511 1,175 2,144 AUM (Rs. Cr) 6,125 246 5,505 229 1,087 936 1,510 1,406 3,283 2,935 7,079 7,180 6,559 264 264 257 1,430 1,507 1,245 1,614 1,771 1,865 3,442 3,614 3,545 FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 MF UCV MSE HF offerings FY14 FY15 FY16 Q3FY16 Q1FY17 Q2FY17 Q3FY17 MF UCV MSE HF offerings 37
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 made as to the accuracy, completeness or fairness of the presentation and the information contained herein and no reliance should be placed on such information. The Company or any other parties whose name appears herein shall not be liable for any statements made herein or any event or circumstances arising therefrom. This presentation or any part of it or the fact of its, form the basis of, or be relied on in connection with, any contract or commitment therefor. This document has not been and will not be reviewed or approved by any statutory or regulatory authority in India or any other jurisdiction or by any stock exchanges in India or elsewhere. This document and the contents hereof are restricted for only the intended recipient(s). This document and the contents hereof should not be (i) forwarded or delivered or transmitted in any manner whatsoever, to any other person, other than the intended recipients(s); or (ii) reproduced in any manner whatsoever. Any forwarding, distribution or reproducing of this document in whole or in part is unauthorised. 38
Disclaimer [contd.] Forward Looking Statements Certain statements in this document with words or phrases such as will, should etc., and similar expressions or variation of these expressions or those concerning our future prospects are forward looking statements. Actual results may differ materially from those suggested by the forward looking statements, due to a number of risks or uncertainties associated with the expectations. These risks and uncertainties include, but not limited to, our ability to successfully implement our strategies, change in government policies etc. The Company may, from time to time, make additional written and oral forward looking statements, including statements contained in the Company s filings with the stock exchanges and our reports to shareholders. The Company does not undertake to update any forward looking statements that may be made from time to time by or on behalf of the Company. 39
Investor Relations Equitas Holdings Limited Spencer Plaza, 4th Floor, Phase II No. 769, Anna Salai, Chennai 600 002 ir@equitasbank.com 40