CreditAccess Grameen Ltd. — Capital/Financing Update 2021

Sep 5, 2021

CreditAccess Grameen Limited

Regd. & Corporate Office

49, 46[th] Cross, 8[th] Block, Jayanagar, Bengaluru-560070 Phone: 080-22637300 | Fax: 080-26643433 Email: info@cagrameen.in Website: www.creditaccessgrameen.in CIN: L51216KA1991PLC053425

September 05, 2021

To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip code: 541770

National Stock Exchange of India Limited The Exchange Plaza Bandra Kurla Complex Bandra (East), Mumbai 400051 Scrip code: CREDITACC

Dear Sir/Madam,

Sub.: August 2021 Business Update

We hereby enclose August 2021 Business Update of the Company for your information and records. Thanking you,

Yours Truly For CreditAccess Grameen Limited

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M. J. Mahadev Prakash

Head – Compliance, Legal & Company Secretary

Encl.: As above

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CreditAccess Grameen Limited August 2021 Business Update

www.creditaccessgrameen.in

Disclaimer

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By accessing this presentation, you agree to be bound by the following terms and conditions. This presentation (which may reflect some price sensitive information in terms of SEBI regulations and Companies Act, 2013, as amended from time to time) has been prepared by CreditAccess Grameen Limited (the “Company”). The Company may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any persons of such change or changes.

This presentation may contain certain “forward looking statements”. These statements include descriptions regarding the intent, belief or current expectations of the Company or its management and information currently available with its management, including with respect to the results of operations and financial condition of the company. By their nature, such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in such forward-looking statements as a result of various factors and assumptions which the Company believes to be reasonable in light of its operating experience in recent years. Many factors could cause the actual results, performances, or achievements of the Company to be materially different from those contemplated by the relevant forward looking statement. Significant factors that could make a difference to the Company’s operations include domestic and international economic conditions, changes in government regulations, tax regime and other statutes. There may be additional material risks that are currently not considered to be material or of which the Company and its advisors or representatives are unaware. Against the background of these uncertainties, readers should not rely on these forward-looking statements. Neither the Company nor any of its advisors or representatives, on the behalf of the Company, assumes any responsibility to update or revise any forward-looking statement that may be made from time to time by or on behalf of the Company or to adapt such forward-looking statement to future events or developments.

This presentation contains certain supplemental measures of performance and liquidity that are not required by or presented in accordance with Ind AS, and should not be considered an alternative to profit, operating revenue or any other performance measures derived in accordance with Ind AS or an alternative to cash flow from operations as a measure of liquidity of the Company.

No representation, warranty, guarantee or undertaking (express or implied) is made as to, and no reliance should be placed on, the accuracy, completeness or correctness of any information, including any projections, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein and, accordingly, none of the Company, its advisors and representative and any of its or their affiliates, officers, directors, employees or agents, and anyone acting on behalf of such persons accepts any responsibility or liability whatsoever, in negligence or otherwise, for any loss or damage, direct, indirect, consequential or otherwise arising directly or indirectly from use of this presentation or its contents or otherwise arising in connection therewith.

This presentation includes certain industry data and projections that have been obtained from industry publications and surveys. Industry publications and surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be reliable, but there is no assurance that the information is accurate or complete. Neither the Company nor any of its advisors or representatives have independently verified any of the data from third-party sources or ascertained the underlying economic assumptions relied upon therein. No representation or claim is made that the results or projections contained in this presentation will actually be achieved. All industry data and projections contained in this presentation are based on data obtained from the sources cited and involve significant elements of subjective judgment and analysis, which may or may not be correct. For the reasons mentioned above, you should not rely in any way on any of the projections contained in this presentation for any purpose.

This presentation is based on information regarding the Company and the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither the Company nor its advisors or representatives are under an obligation to update, revise or affirm.

You must make your own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigation as you may consider necessary or appropriate for such purpose. Any opinions expressed in this presentation are subject to change without notice and past performance is not indicative of future results. By attending this presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company’s business.

This presentation and its contents are not and should not be construed as a prospectus or an offer document, including (as defined under the Companies Act, 2013, to the extent notified and in force) or an offer document under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended. The information contained herein does not constitute or form part of an offer, or solicitation or invitation of an offer to purchase or subscribe, for securities nor shall it or any part of it form the basis of or be relied on in connection with any contract, commitment or investment decision in relation thereto.

By accessing this presentation, you accept that this disclaimer and any claims arising out of the use of the information from this presentation shall be governed by the laws of India and only the courts in Bangalore, and no other courts, shall have jurisdiction over the same.

www.creditaccessgrameen.in

August 2021: Key Highlights

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CA Grameen MMFL
INR 11,155 Cr INR 2,104 Cr
GLP
(+18.8% YoY, +5.0% vs. Jun-21) (6.9% YoY, +3.2% vs. Jun-21)
INR 1,188 Cr INR 145 Cr
Disbursements
(+200.0% YoY, +7.3% vs. Jul-21) (+63.0% YoY, -4.6% vs. Jul-21)
92.5% excl. arrears 86% excl. arrears
Collections Efficiency
99% incl. arrears 87% incl. arrears
PAR 0: 15.9%, PAR 30: 11.0%, PAR 0: 19.5%, PAR 30: 13.1%,
Portfolio at Risk (PAR)
PAR 60: 8.3%, PAR 90: 6.3% PAR 60: 9.5%, PAR 90: 7.3%
1,067
Branch Network (103 branches opened 460
Jul-21 (66) and Aug-21 (37))
84.2% vaccinated 61.5% vaccinated
Employee Vaccination Status
(received at least 1 dose) (received at least 1 dose)
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www.creditaccessgrameen.in

CA Grameen: Strong Growth Momentum…

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Disbursements grew 200.0% YoY and
GLP grew 18.8% YoY and 5.0% vs. Jun-21
7.3% vs. Jul-21
GLP (INR Cr) Disbursements (INR Cr)
11,341
11,155 1,577
10,885
10,625
1,188
1,107
308
Mar-21 Jun-21 Jul-21 Aug-21 Mar-21 Jun-21 Jul-21 Aug-21
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	New Branch Additions	New Branch Additions	New Branch Additions
		Jul-21	Aug-21
	Bihar	10	5
	Chhattisgarh	5	0
	Gujarat	5	4
	Jharkhand	5	5
	Madhya Pradesh	10	0
	Kerala	2	0
	Maharashtra	5	0
	Odisha	0	5
	Rajasthan	9	8
	Uttar Pradesh	15	10
	Total	66	37
	Branch network expanded from 964 in Mar-21 to 1,067 in Aug-21, with focus on newer geographies

www.creditaccessgrameen.in

CA Grameen: …Backed By Resilient Collections

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MoM Improvement in Collection Efficiency

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99%
97% 97%
94% 92.5%
91%
84%
81%
Mar-21 Jun-21 Jul-21 Aug-21
CE% (excl. arrears) CE% (incl. arrears)
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CE % (excl. arrears)	Mar-21	Jun-21	Jul-21	Aug-21
Karnataka	96%	76%	92%	94%
Maharashtra	90%	84%	88%	89%
Tamil Nadu	95%	78%	90%	93%
Madhya Pradesh	94%	87%	90%	90%
Chhattisgarh	93%	87%	91%	92%
Odisha	95%	95%	96%	97%
Others	99%	96%	97%	98%
Total	94%	81%	91%	92.5%

Reduction in % GLP of Non-Paying Customers

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Full Payment Partial Payment No Payment
Aug-21 84.0% 10.4% 5.6%
Jul-21 77.9% 15.7% 6.3%
Jun-21 69.1% 18.7% 12.3%
Mar-21 94.8% 3.3% 1.9%
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www.creditaccessgrameen.in

CA Grameen: …And Encouraging Asset Quality (Recovery) Trend

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MoM Reduction in PAR
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PAR 0 PAR 30 PAR 60 PAR 90
30.6%
Incremental PAR due
21.9%
to COVID 2.0 is
15.9% gradually reducing
13.8% 12.9%
11.0% 10.7%
5.2% 7.8% 8.1% 8.3%
6.9%
4.1% 4.8%
3.5% 5.7% 6.3% 3.4%
2.9% 3.8%
Mar-21 Jun-21 Jul-21 Aug-21 Mar-21 to Aug-21
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PAR 0	Mar-21	Jun-21	Jul-21	Aug-21		PAR 60	Jul-21	Aug-21
Karnataka	3.6%	37.8%	25.5%	16.5%		Karnataka	5.9%	6.2%
Maharashtra	8.7%	24.5%	20.8%	18.3%		Maharashtra	13.1%	13.0%
Tamil Nadu	6.1%	28.4%	20.9%	14.1%		Tamil Nadu	5.6%	6.9%
Madhya Pradesh	4.3%	28.0%	19.4%	16.2%		Madhya Pradesh	10.9%	10.7%
Others	2.8%	16.2%	11.0%	7.9%		Others	4.5%	4.2%
Total	5.2%	30.6%	21.9%	15.9%		Total	8.1%	8.3%

PAR 90	Jul-21	Aug-21
Karnataka	4.0%	4.0%
Maharashtra	9.5%	11.2%
Tamil Nadu	5.1%	4.6%
Madhya Pradesh	6.7%	8.6%
Others	2.7%	3.1%
Total	5.7%	6.3%

www.creditaccessgrameen.in

MMFL: Growth Gradually Gaining Momentum…

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Disbursements +63.0% YoY and GLP grew 6.9% YoY and 3.2% vs. Jun-21 -4.6%% vs. Jul-21

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GLP (INR Cr) Disbursements (INR Cr)
• Slower portfolio growth in H1
FY22
2,246 229
• Transitory learning curve on
2,104 account of process integration
2,066
2,038 • Slight delay in training &
resource availability due to
151 COVID
145
• Process integration complete at
all MMFL branches in Aug-21
• Rollout of integrated tech
solution expected in Sep-21
• Growth planned to ramp-up in
H2 FY22
15
Mar-21 Jun-21 Jul-21 Aug-21 Mar-21 Jun-21 Jul-21 Aug-21
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• Transitory learning curve on account of process integration

www.creditaccessgrameen.in

MMFL: …Along With Focus on Collections and Asset Quality

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MoM Improvement in Collection Efficiency
CE% (excl. arrears) % GLP of Non-Paying Groups
91%
90%
87%
86% No 4.5% CE % (Excl. Arrears) Mar-21 Jun-21 Jul-21 Aug-21
83% 83%
Payment 15.0% Tamil Nadu 90% 61% 82% 86%
Maharashtra 84% 75% 76% 76%
Partial
Payment Odisha 92% 89% 94% 94%
80.5%
66% 66% Bihar 94% 87% 91% 91%
Full
Others 93% 55% 78% 84%
Payment
Total 90% 66% 83% 86%
Mar-21 Jun-21 Jul-21 Aug-21 Aug-21
MoM PAR Trend
PAR 0 PAR 30 PAR 60 PAR 90
18.7% 19.5%
15.4% Incremental PAR due
14.1%
13.1% to COVID 2.0 has been
11.6%
9.7% 10.3% largely controlled
8.6% 9.5%
7.1%
6.8% 5.5%
7.3% 3.4%
6.2% 2.7%
4.7% 4.9% 2.6%
Mar-21 Jun-21 Jul-21 Aug-21 Mar-21 to Aug-21
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www.creditaccessgrameen.in

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For Further Queries:

Nilesh Dalvi Head – Investor Relations Contact No – 9819289131 Email ID – nilesh.dalvi@cagrameen.in

www.creditaccessgrameen.in