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Sammaan Capital Limited Earnings Release 2021
60400_rns_2021-05-19_65067b64-17ec-4c41-85b9-cf93a0250e91.pdf
Earnings Release
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Date: May 19, 2021
Scrip Code - 535789 BSE Limited 1 st Floor, New Trading Ring P.J. Towers, Dalal Street Mumbai – 400 001
IBULHSGFIN/EQ National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051
Sub: Earnings Update for the quarter and financial year ended March 31, 2021
Dear Sirs,
Please find enclosed an Earnings Update of Indiabulls Housing Finance Limited, for the quarter and financial year ended March 31, 2021, for your information and record.
Thanking you,
Yours truly, for Indiabulls Housing Finance Limited
Amit Jain Company Secretary
Enclosure: as above
CC: Luxembourg Stock Exchange, Luxembourg Singapore Exchange Securities Trading Limited, Singapore
Audited Financial Results – Q4 FY2020-21 May 19, 2021
| Pg. No. | ||
|---|---|---|
| 1. | BusinessUpdate | 03 |
| 2. | BusinessGoalsAchievedinFY21 | 04 |
| 3. | StrongFoundationforRetailAsset-LightModel:StrongPartnerships, | |
| LowCosts&Tech-enabledDistribution | 05 | |
| 4. | StableAssetQuality&HighProvisionLevels | 06 |
| 5. | GranularAssetLiabilityMaturityManagement:Liquidity-ledFortressBalanceSheet | 07 |
| 6. | ScalableRetail-focussedAsset-LightBusinessModel | 08 |
| 7. | eHomeLoans:IndiabullsIntegratedHomeLoanTechnologyPlatform | 09 |
| 8. | ForTierIII&IVLocations:PhygitalChannelStrategy | 10 |
| 9. | EffectiveOversight:IndependentChairman,StrongBoard,AuditCommittee | 11 |
| 10. | Appendix | 12 |
Key Financial Highlights:
| Particulars | Q4 FY20-21 | Q4 FY19-20 |
|---|---|---|
| Loan Book | 66,047 | 73,065 |
| CRAR | 30.7% | 27.1% |
| Tier1 | 24.0% | 20.3% |
| Net Gearing | 3.4x | 4.0x |
| Net Interest Income | 764* | 828 |
| PAT | 276 | 137 |
* After reversal of 'interest on interest' on moratorium cases
- Q4FY21 PAT registered a growth of 102% year-on-year over Q4FY20 PAT
- Strong balance sheet with strong capital adequacy, high liquidity and robust provisioning
The Company's Board of Directors has declared a final dividend of ₹ 9 per share
3
Business Goals Achieved In FY21
| Particulars | As at March 31, 2021 |
|---|---|
| CRAR | 30.7% |
| Tier I | 24.0% |
| Net Debt to Equity | 3.4x |
| Costto Income Ratio [FY21] | 12.8% |
| Book Spread | 2.7% |
| Gross NPA | 2.66% |
| Net NPA | 1.59% |
- ₹ 2,671 Cr of new regulatory equity capital raised in FY21 from QIP and partial sale of stake in OakNorth Bank. Further, additional ₹ 1,100 Cr raised through convertible bonds. Total of ₹ 3,771 Cr raised from overseas investors in FY21
- Stable Net NPA at 1.59%. Provision at 2.7x of regulatory requirements. Provisions to loan book at a very healthy 3.7%
- Dividend distribution has resumed, and will continue to increase with increasing profits
- Asset-light model fully operational with working relationships now in place to get to a run rate of ₹ 2,000 Cr of monthly disbursals in the current financial year
- Proactive liabilities management: 66% of ₹ 6,576 Cr of bonds maturing in Sep 21 already repurchased by the Company
- Revision in credit rating outlook after 2 years. Long term credit rating revised to AA [Stable outlook] by CRISIL, an S&P Global Company. Cost of funds to come down.
Strong Foundation for Retail Asset-Light Model: Strong Partnerships, Low Costs, Tech-enabled Distribution
| Strategic Area | Progress in FY21 |
|---|---|
| Wholesale BookConsolidation | Highest ever sales traction inprojects of wholesale borrowers leading to highest ever collections inescrow accounts of projects |
| Q4FY21performance has put the Company firmly on track to reduce wholesale book by 33% by Mar 22 | |
| Expanding Reach, | Added 8 technology-enabled branches in Q4FY21 |
| IncreasingCustomer Base | Tie-up with HDFC Ltd for co-lending will give a major boost towards achieving target of 1.5x increase inretail customers by Mar 23 |
| Team @IBH | Cost-to-Incomeratiodeclinedto12.8%onthebackofmeasurestakentoimprovecostefficiency |
| Manpower to increase by 500 by Jun21. Capacity being increased to step up retail disbursals | |
| Co-Lending | Tied-up with HDFC Ltd for co-lending home loans |
| Partnerships | Company's IT capabilities are focused on developing a single technology interface for all co-lendingpartners. On track to achieve the milestone by Sep 2021 |
Stable Asset Quality & High Provision Levels
- Total provisions held are ₹ 2,458 Cr [3.7% of loan book], which is 2.7x times of the regulatory requirement
- Net NPAs are down to ₹ 1,285 Cr in Q4FY21 from ₹ 1,517 Cr in Q1FY21
- Credit costs were 1.1% of the loan assets for FY21
- Average vintage of the retail loan book is now 45 months as loans have run down, borrower equity in the financed property has significantly increased leading to low current LTVs. Asset quality levels have hence stabilised for the portfolio, increasing resilience to the economic consequences of the second wave of COVID-19
- Had the Company not chosen to de-grow its book in the past 1 year, the above Gross NPAs of 2.66% would have been at 2.31%
Granular Asset Liability Maturity Management: Liquidity-led Fortress Balance Sheet
- As an ALM management tool, the Company has utilized its excess liquidity to repurchase ₹ 4,340 Cr of its bonds maturing in Sep 21*, which is 66% of the ₹ 6,576 Cr of bonds maturing in Sep 21. The Company will continue to utilize its excess liquidity in this manner to smoothen its ALM
- The ALM above is shown on a cumulative basis up to each bucket, with positive cash of ₹ 13,517 Cr at the end of 1 year
- As IBH pursues an asset-light model, and with co-lending partnerships in place, retail disbursal growth will gain momentum in FY22
- Company will continue with its strategy of letting high-ticket Commercial Real Estate [CRE] loans and Business loans run off/ re-finance
- In April 2021, IBH entered into co-lending agreement with HDFC Ltd for sourcing home loans
- IBH will originate retail home loans as per jointly drawn up credit policy and retain 20% of the loan on its books and 80% will be on HDFC's books. IBH will service the loan account throughout the life cycle of the loan and will earn a trail income over the life of the loan
- Integration with HDFC Ltd will give IBH the benefit of a large franchise, scale and a robust credit appraisal process. It will give IBH the ability to price home loans for all customer segments and cater to the entire market
- IBH is already sourcing loans under co-lending agreements with 1 PSU bank and 1 private bank with disbursals at scale
: Indiabulls Integrated Home Loan Technology Platform
| Integrated Home Loan Technology Platform | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CustomersOne app for all needs | AnalyticsAutomatedunderwriting | Social MediaIntegrationProductpersonalisation | Access to SourceDataReal-time access to GST, BankStatements, tax info | Developers and DSAsShorter workingcapital cycles | Fee GenerationCross-sell: Insurance,MFs | |||||
| Operational Outcomes | ||||||||||
| Customer delight: Reduced TAT. Round-the-clock access | Increased customer engagement and touch-points | |||||||||
| Enhanced productivity and operating efficiencies | Collapse developer working capital cycle | |||||||||
| Proportion of self-employed segment maintained | Enhanced DSA productivity and earning opportunities | |||||||||
| Manifold Operational Leverage |
Efficiency and Productivity
- Seamless sourcing process. Low customer drop-out
- Time spent on travel vastly reduced
- Manual data entry eliminated saving 5 man-hours per file
- Credit can focus on appraisal and not data capture
Cost Reduction
- Save in manpower from automation of effort-intensive steps
- Vastly increased productivity of existing resources
- Lower dependency on physical branches. Fewer needed.
- Reduction in stationery, printing and document storage expenses
Brand Recall and Reach
- Branchless reach to tier III and IV locations
- Unparalleled touch-of-button customer convenience
- Quick turnaround before competition has begun process
- Videos and multimedia tutorials and loan information
Risk Management
- Reduction in operational risk from lesser human involvement
- Reduction in fraud risk:
- ‒ Customer data validated from Aadhar and NSEDL
- ‒ Direct contact with IBH, no intermediaries
- Improved data quality and reduced human error
- Improved credit quality from focus on underwriting
- Risk of misplacing documents reduced
For Tier III & IV Locations: Phygital Channel Strategy
- Phygital strategy entails co-mingling of 'physical' and 'digital' models wherein the Company offers fully digital, online loan fulfillment for specific target customer segments which are well versed with technology, while at the same time continuing to serve other customers through its branch model
- The phygital strategy also helps drive expansion into geographies with low competitive intensity, contributing better margins at low cost-to-income without dilution in credit standards
- It rides on the eHome Loans infrastructure with lean spoke branches logging in digital/ scanned loan applications, which are underwritten at centralized regional credit hubs
- IBH is on course to add 50 new branches in Tier 3 & 4 towns by the end of H1FY22
Effective Oversight: Independent Chairman, Strong Board, Audit Committee
Board led by ex-RBI Deputy Governor and majority independent directors
• Independent, Non-Executive director Mr. S. S. Mundra, Ex-Deputy Governor of the Reserve Bank of India, is the chairman of the Board
Audit Committee chaired by ex-Partner of Deloitte, Haskins & Sells
• Mr. A Siddharth, who served as partner with Deloitte Haskins & Sells for 33 years, is the Chairman of the Audit Committee
Board of Directors with pre-eminence and experience in diverse fields
| •Mr. S.S. Mundra[Independent director] | : | Non-Executive Chairman, Ex-Deputy Governor of the Reserve Bank of India |
|---|---|---|
| •Mr. A Siddharth[Independent director] | : | Ex-Partner, Deloitte, Haskins & Sells |
| •Justice GyanSudhaMisra[Independent director] | : | Retired Justice, Supreme Court of India |
| •Mr. Satish Chand Mathur[Independent director] | : | Ex-Director General of Police, Maharashtra |
| •Mr.DinabandhuMohapatra[Independent director] | : | Ex-MD & CEOofBank of India, 35 years of banking experience |
| •Mr. SamsherSingh Ahlawat[Independent director] | : | Ex-SBI, 20 years of banking experience in senior management positions |
| •Mr. Prem Prakash Mirdha[Independent director] | : | Business background with expertise in SME sector |
| •Mr. Sameer Gehlaut | : | Founder and Non-Executive Director |
| •Mr. Gagan Banga | : | Vice Chairman, Managing Director and CEO |
| •Mr. Ashwini Kumar Hooda | : | Deputy Managing Director |
| •Mr. Ajit Kumar Mittal | : | Executive Director, Ex-Reserve Bank of India |
| •Mr. Sachin Chaudhary | : | Chief Operating Officer |
Appendix
Financial and Operational Highlights
Balance Sheet Assets
Asset Composition
Retail Mortgage Loans Commercial Real Estate Loans Business Loans
| Particulars | FY20-21 |
|---|---|
| Yield on Loans | 11.2% |
| Costof Borrowings | 8.5% |
| Book Spread | 2.7% |
Liabilities Profile
Liabilities
17
Funding Mix
Over ₹ 34,000 Cr of liquidity, including ₹ 2,671 Cr of regulatory equity capital, was raised in FY21
| Particulars | Total | Q1FY22 | Q2FY22 | Q3FY22 | Q4FY22 | Q1FY23 | Q2FY23 | Q3FY23 | Q4FY23 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents andUndrawn Available Sanctions | 12,276 | 12,276 | 13,784 | 14,117 | 12,202 | 13,517 | 10,552 | 11,049 | 10,064 |
| Customer Repayments | 66,047 | 3,808 | 3,943 | 4,006 | 3,985 | 3,766 | 3,541 | 3,227 | 3,030 |
| Non Current Assets | 7,560 | - | - | - | - | - | - | - | - |
| Total Inflows [A] | 85,883 | 16,084 | 17,727 | 18,123 | 16,187 | 17,284 | 14,093 | 14,276 | 13,094 |
| Cumulative Total Inflows | 16,084 | 20,027 | 24,033 | 28,018 | 31,785 | 35,326 | 38,552 | 41,582 | |
| Repayments | 69,750 | 2,300 | 3,610 | 5,921 | 2,670 | 6,732 | 3,044 | 4,212 | 2,255 |
| Equity Capital, Reserves & Surplus | 16,134 | - | - | - | - | - | - | - | - |
| Total Outflows [B] | 85,883 | 2,300 | 3,610 | 5,921 | 2,670 | 6,732 | 3,044 | 4,212 | 2,255 |
| Cumulative Total Outflows | 2,300 | 5,910 | 11,831 | 14,501 | 21,233 | 24,276 | 28,488 | 30,743 | |
| Net Cash [A-B] | 13,784 | 14,117 | 12,202 | 13,517 | 10,552 | 11,049 | 10,064 | 10,839 |
As an ALM management tool, the Company has utilized its excess liquidity to repurchase ₹ 4,340 Cr of its bonds maturing in Sep 21*, which is 66% of the ₹ 6,576 Cr of bonds maturing in Sep 21. The Company will continue to utilize its excess liquidity in this manner to smoothen its ALM
* The ALM above is adjusted for this repurchase of bonds 19
| Particulars | Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents andUndrawn Available Sanctions | 10,839 | 10,561 | 8,053 | 9,010 | 9,065 | 10,086 | 10,857 | 11,851 |
| Customer Repayments | 2,941 | 2,613 | 2,713 | 2,363 | 2,207 | 2,185 | 2,237 | 1,839 |
| Non Current Assets | - | - | - | - | - | - | - | - |
| Total Inflows [A] | 13,780 | 13,174 | 10,766 | 11,374 | 11,273 | 12,271 | 13,093 | 13,690 |
| Cumulative Total Inflows | 44,523 | 47,136 | 49,850 | 52,213 | 54,420 | 56,605 | 58,842 | 60,681 |
| Repayments | 3,219 | 5,121 | 1,756 | 2,308 | 1,187 | 1,414 | 1,242 | 1,515 |
| Equity Capital, Reserves & Surplus | - | - | - | - | - | - | - | - |
| Total Outflows [B] | 3,219 | 5,121 | 1,756 | 2,308 | 1,187 | 1,414 | 1,242 | 1,515 |
| Cumulative Total Outflows | 33,962 | 39,083 | 40,840 | 43,148 | 44,335 | 45,749 | 46,991 | 48,506 |
| Net Cash [A-B] | 10,561 | 8,053 | 9,010 | 9,065 | 10,086 | 10,857 | 11,851 | 12,175 |
| Particulars | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | Q3FY27 | Q4FY27 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents andUndrawn Available Sanctions | 12,175 | 11,700 | 11,861 | 12,593 | 13,616 | 12,698 | 11,456 | 11,603 |
| Customer Repayments | 1,676 | 1,632 | 1,683 | 1,838 | 731 | 934 | 461 | 2,163 |
| Non Current Assets | - | - | - | - | - | - | - | - |
| Total Inflows [A] | 13,852 | 13,332 | 13,543 | 14,431 | 14,347 | 13,631 | 11,917 | 13,765 |
| Cumulative Total Inflows | 62,357 | 63,989 | 65,672 | 67,510 | 68,241 | 69,175 | 69,636 | 71,798 |
| Repayments | 2,151 | 1,471 | 950 | 815 | 1,650 | 2,175 | 314 | 310 |
| Equity Capital, Reserves & Surplus | - | - | - | - | - | - | - | - |
| Total Outflows [B] | 2,151 | 1,471 | 950 | 815 | 1,650 | 2,175 | 314 | 310 |
| Cumulative Total Outflows | 50,657 | 52,128 | 53,078 | 53,894 | 55,543 | 57,719 | 58,033 | 58,342 |
| Net Cash [A-B] | 11,700 | 11,861 | 12,593 | 13,616 | 12,698 | 11,456 | 11,603 | 13,456 |
| Particulars | Q1FY28 | Q2FY28 | Q3FY28 | Q4FY28 | Q1FY29 | Q2FY29 | Q3FY29 | Q4FY29 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents andUndrawn Available Sanctions | 13,456 | 13,562 | 11,661 | 11,933 | 7,621 | 7,877 | 7,198 | 6,573 |
| Customer Repayments | 519 | 530 | 481 | 429 | 408 | 421 | 421 | 395 |
| Non Current Assets | - | - | - | - | - | - | - | - |
| Total Inflows [A] | 13,975 | 14,092 | 12,142 | 12,362 | 8,029 | 8,298 | 7,619 | 6,968 |
| Cumulative Total Inflows | 72,317 | 72,847 | 73,328 | 73,757 | 74,165 | 74,586 | 75,007 | 75,402 |
| Repayments | 413 | 2,430 | 210 | 4,741 | 151 | 1,100 | 1,046 | 744 |
| Equity Capital, Reserves & Surplus | - | - | - | - | - | - | - | - |
| Total Outflows [B] | 413 | 2,430 | 210 | 4,741 | 151 | 1,100 | 1,046 | 744 |
| Cumulative Total Outflows | 58,755 | 61,185 | 61,395 | 66,136 | 66,287 | 67,388 | 68,434 | 69,178 |
| Net Cash [A-B] | 13,562 | 11,661 | 11,933 | 7,621 | 7,877 | 7,198 | 6,573 | 6,224 |
| Particulars | Q1FY30 | Q2FY30 | Q3FY30 | Q4FY30 | Q1FY31 | Q2FY31 | Q3FY31 | Q4FY31 | 10+ Years |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents andUndrawn Available Sanctions | 6,224 | 6,447 | 6,662 | 6,874 | 7,051 | 7,193 | 7,285 | 7,370 | 7,448 |
| Customer Repayments | 264 | 254 | 242 | 205 | 167 | 114 | 106 | 98 | 1,470 |
| Non Current Assets | - | - | - | - | - | - | - | - | 7,560 |
| Total Inflows [A] | 6,489 | 6,701 | 6,904 | 7,079 | 7,218 | 7,308 | 7,391 | 7,468 | 16,478 |
| Cumulative Total Inflows | 75,666 | 75,920 | 76,163 | 76,367 | 76,535 | 76,649 | 76,755 | 76,853 | 85,883 |
| Repayments | 41 | 39 | 30 | 28 | 24 | 23 | 21 | 20 | 345 |
| Equity Capital, Reserves & Surplus | - | - | - | - | - | - | - | - | 16,134 |
| Total Outflows [B] | 41 | 39 | 30 | 28 | 24 | 23 | 21 | 20 | 16,478 |
| Cumulative Total Outflows | 69,219 | 69,258 | 69,288 | 69,317 | 69,341 | 69,364 | 69,385 | 69,405 | 85,883 |
| Net Cash [A-B] | 6,447 | 6,662 | 6,874 | 7,051 | 7,193 | 7,285 | 7,370 | 7,448 | - |
Product Profiles
Home Loan Profile: Focus on Mid-Income Affordable Housing
| UrbanHome Loans | Semi-UrbanHome Loans | |||||
|---|---|---|---|---|---|---|
| Average Loan Size | ₹ 35 Lakhs | ₹ 25 Lakhs | ||||
| Maximum Loan to Value | 80% | 80% | ||||
| Average Loan to Value | 73% [at origination] | 70% [at origination] | ||||
| Average Loan Term | 15 years | |||||
| AverageCustomer Age | 38 years | |||||
| Primary Security | Mortgage of property financed | |||||
| Repayment Type | Monthly amortizing |
Loan Against Property Product Profile
| Average Loan Size | ₹ 73 Lakhs |
|---|---|
| Maximum Loan to Value | 65% |
| Average Loan to Value | 49% [at origination] |
| Average Loan Term | 7 years |
| Primary Security | Mortgage of property financed |
| Repayment Type | Monthly amortizing |
| Average Age of Business | 7 years |
| Basis of Credit Appraisal | Businesscash flow analysis based |
Cash flow based underwriting: Loan repayment is from underlying business cash flows and not from refinancing
Affordability Level Amongst the Best Ever
- Since 2013, property prices have grown at 1-2% CAGR, significantly below inflation [ 5% CAGR] and wage growth [8% per capita]
- Consequently, 'Affordability' [ratio of house price to annual salary] is at at its best in the last 25 years
• Benign interest rates further boosts affordability
Source: HDFC Ltd, Investec Securities Research
Sales pick-up
- Housing sales in top 8 Indian cities recorded an increase of 44% YoY in Q1CY20211
- Sales volumes recovered to 117% of pre-COVID levels [2019 quarterly average] in Q1 CY20211
- Residential sales in 2021 expected to exceed 2019 levels by 10%, nearly doubling YoY, as the property cycle picks up2
- Unsold inventory is expected to fall to 8-year lows by end of 20212
Launches
- Launches in top 8 Indian cities recorded a 38% YoY increase in Q1 CY20211
- Launch volumes recovered to 126% of pre-COVID levels [2019 quarterly average] in Q1 CY20211
- In Q1 CY2021, new launches in the affordable category accounted for 69% of the total launches3
- Bengaluru 77%%, Hyderabad 76% , Pune 100%3
- In 2021, launches are expected to nearly double Year-on-Year2
Swift Offtake Driven by a Large, Existing Housing Demand
- Uptick in property sales has been seen across segments and cities; unlike the narrower market improvements of 2018-19 which were limited to affordable segments/ city's with tech jobs
- Lower rates v/s relatively stubborn rental yields, means buying a house makes eminent economic sense over renting
Source: RBI, Cushman & Wakefield, Knight Frank, Jefferies Source: RBI, Bloomberg, 99acres, Jefferies
Static Credit Performance Analysis of LAP and HL Pools
Retail Loan Book of Highest Quality
Portfolio performance of all sold down pools of ₹ 65,985 Cr
| Initial Pool Details | of Initial POS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Loan PoolType | Disbursement[₹ Cr] | AverageTicket Size[at disbursement][₹ Lakh] | Sold DownPrincipal[₹ Cr] | Months onBook | PoolPrincipal[₹ Cr] | Amortisation | 90+ dpd% | 180+ dpd% | |
| HL Pools | 43,170 | 0.24 | 33,986 | 48 | 13,192 | 69% | 0.47% | 0.16% | |
| LAP Pools | 22,815 | 0.75 | 17,695 | 52 | 4,409 | 81% | 0.83% | 0.30% | |
| Total | 65,985 | 0.31 | 51,681 | 49 | 17,601 | 73% | 0.59% | 0.21% |
Portfolio performance of all live sold down DA pools is monitored by the credit bureau Experian. Remainder PTC/PCG pools are being monitored by CRISIL, ICRA, CARE and Brickwork Ratings [respective agencies that rated the PTC/PCG pools]
IBHFL has 26 ongoing relationships with banks / mutual funds/ FIIs for sell down
| Axis Bank | Bank of Baroda | Bank of India | CanaraBank |
|---|---|---|---|
| ICICI Bank | Central Bank of India | Corporation Bank | Dena Bank |
| Deutsche Bank | IDFC First Bank | IDBI Bank | Indian Bank |
| Indian Overseas Bank | KotakMahindra Bank | Oriental Bank of Commerce | Punjab National Bank |
| State Bank of India | RBL Bank | Syndicate Bank | UCO BANK |
| Union Bank of India | VijayaBank | HDFCBank | United Bank of India |
| Reliance Nippon | Davidson Kempner |
| Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr. No | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal [₹ Cr] | MPS | Pool Principal[₹ Cr] | Amortisation# | 90+ dpd% | 180+ dpd% | CCR | MCR | QCR |
| 1 | Bank 4 | 27-Dec-13 | 273.2 | 231.0 | 86 | 11.7 | 96% | 1.03% | 0.40% | 98.50% | 79.15% | 90.71% |
| 2 | Bank 10 | 31-Dec-13 | 228.1 | 189.1 | 86 | 12.6 | 94% | 0.13% | 0.07% | 99.55% | 100.06% | 100.61% |
| 3 | Bank 4 | 19-Mar-14 | 345.2 | 292.3 | 84 | 27.0 | 92% | 0.37% | 0.08% | 99.20% | 88.61% | 87.06% |
| 4 | Bank 6 | 28-Mar-14 | 104.3 | 85.4 | 84 | 7.0 | 93% | 0.00% | 0.00% | 99.35% | 93.96% | 96.44% |
| 5 | Bank 14 | 29-Sep-14 | 129.9 | 96.6 | 77 | 3.0 | 98% | 0.00% | 0.00% | 99.56% | 106.93% | 102.73% |
| 6 | Bank 14 | 26-Dec-14 | 84.1 | 68.0 | 75 | 3.4 | 96% | 0.00% | 0.00% | 100.00% | 106.17% | 100.00% |
| 7 | Bank 4 | 30-Dec-14 | 234.6 | 198.3 | 74 | 18.0 | 92% | 0.04% | 0.04% | 99.49% | 97.76% | 98.87% |
| 8 | Bank 4 | 3-Mar-15 | 187.7 | 156.3 | 72 | 11.6 | 94% | 0.04% | 0.04% | 99.20% | 100.57% | 98.61% |
| 9 | Bank 4 | 23-Jun-15 | 232.8 | 186.9 | 69 | 12.9 | 94% | 0.71% | 0.66% | 95.78% | 91.04% | 89.31% |
| 10 | Bank 8 | 25-Aug-15 | 72.9 | 61.3 | 67 | 9.1 | 88% | 0.18% | 0.18% | 99.66% | 97.77% | 101.06% |
| 11 | Bank 7 | 1-Sep-15 | 138.0 | 115.9 | 66 | 9.3 | 93% | 0.11% | 0.03% | 98.55% | 97.49% | 98.01% |
| 12 | Bank 8 | 24-Sep-15 | 116.4 | 100.1 | 65 | 19.5 | 83% | 0.13% | 0.00% | 99.81% | 102.12% | 103.00% |
| 13 | Bank 7 | 28-Sep-15 | 116.8 | 96.4 | 65 | 6.1 | 95% | 0.00% | 0.00% | 98.89% | 94.70% | 100.79% |
| 14 | Bank 7 | 23-Dec-15 | 52.9 | 45.1 | 62 | 2.9 | 94% | 0.00% | 0.00% | 99.68% | 100.00% | 101.78% |
| 15 | Bank 22 | 31-Dec-15 | 449.6 | 374.2 | 62 | 56.6 | 87% | 0.20% | 0.13% | 99.75% | 99.70% | 99.17% |
| 16 | Bank 8 | 31-Dec-15 | 117.8 | 98.6 | 62 | 11.9 | 90% | 0.00% | 0.00% | 99.81% | 97.65% | 98.14% |
| 17 | Bank 8 | 29-Feb-16 | 105.3 | 89.4 | 60 | 9.0 | 91% | 0.00% | 0.00% | 99.87% | 105.36% | 104.27% |
| 18 | Bank 6 | 21-Mar-16 | 379.2 | 313.9 | 59 | 20.6 | 95% | 0.08% | 0.08% | 99.01% | 116.76% | 100.70% |
| 19 | Bank 22 | 23-Mar-16 | 134.2 | 112.5 | 59 | 22.1 | 84% | 0.11% | 0.11% | 99.76% | 101.30% | 99.42% |
| 20 | Bank 8 | 28-Mar-16 | 62.0 | 53.0 | 59 | 9.8 | 84% | 0.00% | 0.00% | 99.67% | 107.07% | 104.60% |
| 21 | Bank 8 | 31-Mar-16 | 59.8 | 50.6 | 59 | 5.3 | 91% | 0.00% | 0.00% | 99.64% | 88.08% | 103.58% |
| 22 | Bank 6 | 27-Jun-16 | 112.0 | 93.5 | 56 | 8.2 | 93% | 0.00% | 0.00% | 99.64% | 100.51% | 98.74% |
| 23 | Bank 8 | 28-Jun-16 | 186.5 | 157.4 | 56 | 20.8 | 89% | 0.00% | 0.00% | 99.78% | 96.42% | 88.25% |
| 24 | Bank 22 | 29-Jun-16 | 115.4 | 97.7 | 56 | 24.7 | 79% | 0.23% | 0.23% | 99.75% | 102.09% | 99.60% |
| 25 | Bank 10 | 30-Jun-16 | 135.8 | 112.8 | 56 | 13.0 | 90% | 0.18% | 0.00% | 99.39% | 133.92% | 98.95% |
| 26 | Bank 8 | 28-Sep-16 | 256.4 | 216.4 | 53 | 28.7 | 89% | 0.25% | 0.12% | 99.55% | 101.39% | 88.55% |
| 27 | Bank 22 | 28-Sep-16 | 118.9 | 100.3 | 53 | 32.3 | 73% | 0.34% | 0.32% | 99.64% | 98.99% | 98.69% |
CCR: Cumulative collection ratio QCR- Quarterly collection ratio dpd: days past due
MPS: Months post securitisation MCR: Monthly collection ratio # Amortisation is calculated on Disbursement
| Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr. No | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal [₹ Cr] | MPS | Pool Principal[₹ Cr] | Amortisation# | 90+ dpd% | 180+ dpd% | CCR | MCR | QCR |
| 28 | Bank 11 | 29-Sep-16 | 128.6 | 108.2 | 53 | 13.4 | 90% | 0.17% | 0.00% | 99.63% | 101.76% | 100.73% |
| 29 | Bank 15 | 29-Mar-17 | 733.5 | 612.0 | 47 | 103.3 | 86% | 0.30% | 0.16% | 99.46% | 97.31% | 98.78% |
| 30 | Bank 15 | 23-Jun-17 | 460.1 | 387.4 | 44 | 62.1 | 86% | 0.19% | 0.00% | 99.70% | 101.70% | 100.41% |
| 31 | Bank 5 | 23-Jun-17 | 195.5 | 159.2 | 44 | 35.7 | 82% | 0.00% | 0.00% | 99.29% | 100.71% | 99.30% |
| 32 | Bank 8 | 30-Jun-17 | 212.4 | 177.0 | 44 | 57.1 | 73% | 0.37% | 0.00% | 99.80% | 102.48% | 100.87% |
| 33 | Bank 8 | 26-Sep-17 | 200.8 | 168.1 | 41 | 76.4 | 62% | 0.48% | 0.14% | 99.63% | 99.94% | 98.55% |
| 34 | Bank 15 | 27-Sep-17 | 909.8 | 760.2 | 41 | 223.0 | 75% | 0.05% | 0.00% | 99.45% | 102.53% | 100.41% |
| 35 | Bank 15 | 22-Dec-17 | 878.6 | 735.5 | 38 | 217.3 | 75% | 0.54% | 0.25% | 99.37% | 100.84% | 98.85% |
| 36 | Bank 16 | 22-Dec-17 | 225.4 | 178.8 | 38 | 69.8 | 69% | 1.42% | 0.48% | 99.10% | 97.04% | 98.89% |
| 37 | Bank 8 | 22-Dec-17 | 126.5 | 104.2 | 38 | 50.4 | 60% | 0.49% | 0.13% | 99.76% | 96.71% | 98.56% |
| 38 | Bank 15 | 5-Mar-18 | 601.1 | 504.0 | 36 | 164.6 | 73% | 0.57% | 0.12% | 99.37% | 100.77% | 100.87% |
| 39 | Bank 16 | 9-Mar-18 | 483.2 | 394.3 | 36 | 178.3 | 63% | 1.47% | 0.79% | 99.21% | 98.75% | 98.56% |
| 40 | Bank 1 | 22-Mar-18 | 358.5 | 289.1 | 35 | 150.3 | 58% | 0.81% | 0.27% | 99.66% | 99.39% | 99.07% |
| 41 | Bank 16 | 26-Mar-18 | 480.9 | 404.3 | 35 | 155.9 | 68% | 0.73% | 0.11% | 99.53% | 99.09% | 98.96% |
| 42 | Bank 1 | 27-Mar-18 | 222.9 | 185.0 | 35 | 88.7 | 60% | 0.69% | 0.16% | 99.69% | 100.02% | 98.99% |
| 43 | Bank 8 | 28-Mar-18 | 337.1 | 270.6 | 35 | 134.7 | 60% | 0.80% | 0.39% | 99.57% | 99.33% | 99.42% |
| 44 | Bank 8 | 30-Apr-18 | 174.6 | 146.1 | 34 | 69.9 | 60% | 0.83% | 0.60% | 99.28% | 99.63% | 99.94% |
| 45 | Bank 15 | 4-May-18 | 413.9 | 349.0 | 34 | 107.6 | 74% | 0.29% | 0.23% | 99.54% | 103.55% | 101.67% |
| 46 | Bank 15 | 17-May-18 | 270.0 | 224.8 | 33 | 66.4 | 75% | 0.14% | 0.00% | 99.75% | 102.64% | 100.86% |
| 47 | Bank 8 | 18-May-18 | 109.8 | 91.4 | 33 | 44.8 | 59% | 0.73% | 0.60% | 99.50% | 99.55% | 101.76% |
| 48 | Bank 15 | 22-Jun-18 | 597.0 | 502.8 | 32 | 194.6 | 67% | 0.70% | 0.21% | 99.55% | 101.21% | 100.30% |
| 49 | Bank 8 | 26-Jun-18 | 134.9 | 112.8 | 32 | 51.4 | 62% | 0.59% | 0.11% | 99.73% | 99.35% | 103.15% |
| 50 | Bank 15 | 25-Jul-18 | 327.8 | 275.1 | 31 | 92.6 | 72% | 0.57% | 0.22% | 99.11% | 99.21% | 97.64% |
| 51 | Bank 8 | 31-Jul-18 | 109.4 | 90.4 | 31 | 45.3 | 59% | 0.89% | 0.32% | 99.36% | 99.04% | 80.53% |
| 52 | Bank 15 | 30-Aug-18 | 413.2 | 349.4 | 30 | 125.2 | 70% | 0.64% | 0.55% | 98.54% | 101.58% | 97.52% |
| 53 | Bank 15 | 19-Sep-18 | 353.2 | 297.5 | 29 | 100.3 | 72% | 0.29% | 0.15% | 98.10% | 100.64% | 99.01% |
| 54 | Bank 8 | 19-Sep-18 | 109.4 | 90.4 | 29 | 42.8 | 61% | 0.69% | 0.29% | 99.31% | 100.71% | 82.31% |
CCR: Cumulative collection ratio QCR- Quarterly collection ratio dpd: days past due
MPS: Months post securitisation MCR: Monthly collection ratio # Amortisation is calculated on Disbursement
| Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr. No | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal [₹ Cr] | MPS | Pool Principal[₹ Cr] | Amortisation# | 90+ dpd% | 180+ dpd% | CCR | MCR | QCR |
| 55 | Bank 17 | 29-Oct-18 | 879.7 | 672.3 | 28 | 333.7 | 62% | 0.73% | 0.25% | 99.52% | 99.46% | 99.42% |
| 56 | Bank 17 | 29-Oct-18 | 828.0 | 645.4 | 28 | 274.8 | 67% | 1.31% | 0.42% | 98.98% | 98.34% | 97.35% |
| 57 | Bank 18 | 31-Oct-18 | 352.8 | 287.7 | 28 | 104.2 | 70% | 0.51% | 0.07% | 99.60% | 99.31% | 100.00% |
| 58 | Bank 17 | 15-Nov-18 | 170.7 | 133.1 | 28 | 64.2 | 62% | 1.89% | 0.99% | 98.47% | 96.17% | 97.34% |
| 59 | Bank 8 | 16-Nov-18 | 1,594.6 | 1217.1 | 28 | 408.8 | 74% | 0.37% | 0.09% | 99.54% | 99.19% | 77.10% |
| 60 | Bank 8 | 17-Nov-18 | 377.4 | 306.3 | 28 | 155.2 | 59% | 0.83% | 0.45% | 99.41% | 98.50% | 74.91% |
| 61 | Bank 8 | 30-Nov-18 | 141.3 | 109.1 | 28 | 55.8 | 60% | 0.92% | 0.19% | 98.94% | 99.64% | 80.54% |
| 62 | Bank 8 | 14-Dec-18 | 239.4 | 194.4 | 27 | 107.3 | 55% | 0.93% | 0.40% | 99.31% | 98.64% | 74.75% |
| 63 | Bank 8 | 14-Dec-18 | 236.9 | 189.3 | 27 | 67.4 | 72% | 0.12% | 0.00% | 99.80% | 101.61% | 78.56% |
| 64 | Bank 8 | 21-Dec-18 | 3,254.4 | 2,462.1 | 27 | 941.8 | 71% | 0.65% | 0.29% | 99.13% | 96.73% | 74.85% |
| 65 | Bank 8 | 21-Dec-18 | 1,643.4 | 1,184.1 | 27 | 657.9 | 60% | 1.01% | 0.25% | 99.29% | 97.61% | 74.12% |
| 66 | Bank 21 | 29-Dec-18 | 338.5 | 271.8 | 26 | 117.2 | 65% | 0.42% | 0.16% | 99.52% | 101.07% | 98.57% |
| 67 | Bank 6 | 31-Dec-18 | 368.0 | 275.3 | 26 | 147.8 | 60% | 0.76% | 0.04% | 99.37% | 98.28% | 99.18% |
| 68 | Bank 18 | 31-Dec-18 | 340.0 | 255.1 | 26 | 98.4 | 71% | 0.77% | 0.35% | 98.81% | 100.72% | 99.18% |
| 69 | Bank 21 | 16-Jan-19 | 920.4 | 728.0 | 25 | 242.2 | 74% | 0.47% | 0.22% | 99.58% | 99.26% | 99.29% |
| 70 | Bank 8 | 29-Jan-19 | 678.2 | 511.7 | 26 | 188.5 | 72% | 0.60% | 0.40% | 99.17% | 101.38% | 99.78% |
| 71 | Bank 8 | 31-Jan-19 | 310.0 | 226.1 | 26 | 118.8 | 62% | 0.85% | 0.12% | 99.42% | 102.27% | 100.79% |
| 72 | Bank 23 | 31-Jan-19 | 237.0 | 169.5 | 25 | 88.7 | 63% | 0.96% | 0.17% | 99.48% | 99.63% | 98.96% |
| 73 | Bank 10 | 31-Jan-19 | 161.0 | 117.4 | 25 | 67.8 | 58% | 1.09% | 0.31% | 99.42% | 98.82% | 98.51% |
| 74 | Bank 10 | 15-Feb-19 | 133.4 | 100.3 | 24 | 51.7 | 61% | 0.40% | 0.22% | 99.25% | 98.25% | 98.84% |
| 75 | Bank 23 | 22-Feb-19 | 248.7 | 182.7 | 24 | 98.8 | 60% | 0.87% | 0.13% | 99.23% | 99.49% | 99.57% |
| 76 | Bank 8 | 27-Feb-19 | 176.8 | 128.9 | 25 | 63.6 | 64% | 0.83% | 0.11% | 99.03% | 98.31% | 78.18% |
| 77 | Bank 11 | 28-Feb-19 | 200.5 | 143.2 | 24 | 55.5 | 72% | 0.49% | 0.49% | 99.16% | 97.26% | 97.54% |
| 78 | Bank 10 | 19-Mar-19 | 171.4 | 126.3 | 23 | 69.7 | 59% | 0.82% | 0.10% | 99.29% | 99.53% | 99.15% |
| 79 | Bank 8 | 19-Mar-19 | 182.4 | 133.4 | 24 | 80.3 | 56% | 1.03% | 0.09% | 99.05% | 96.73% | 73.40% |
| 80 | Bank 11 | 28-Mar-19 | 149.3 | 109.2 | 23 | 53.9 | 64% | 0.03% | 0.01% | 99.36% | 101.83% | 98.83% |
| 81 | Bank 14 | 29-Mar-19 | 203.7 | 145.7 | 23 | 54.7 | 73% | 0.50% | 0.03% | 99.49% | 98.77% | 100.00% |
CCR: Cumulative collection ratio QCR- Quarterly collection ratio dpd: days past due
MPS: Months post securitisation MCR: Monthly collection ratio # Amortisation is calculated on Disbursement
| Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr. No | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal [₹ Cr] | MPS | Pool Principal[₹ Cr] | Amortisation# | 90+ dpd% | 180+ dpd% | CCR | MCR | QCR |
| 82 | Bank 6 | 31-Mar-19 | 975.0 | 709.3 | 23 | 350.6 | 64% | 0.87% | 0.23% | 99.31% | 98.99% | 99.56% |
| 83 | Bank 8 | 25-Apr-19 | 207.7 | 147.5 | 23 | 89.3 | 57% | 0.80% | 0.24% | 99.39% | 99.48% | 99.54% |
| 84 | Bank 11 | 14-May-19 | 166.4 | 122.4 | 22 | 53.4 | 68% | 0.00% | 0.00% | 99.84% | 97.73% | 98.98% |
| 85 | Bank 23 | 27-May-19 | 612.3 | 463.7 | 21 | 203.5 | 67% | 0.70% | 0.07% | 99.04% | 97.95% | 98.95% |
| 86 | Bank 23 | 27-May-19 | 116.7 | 84.3 | 21 | 53.7 | 54% | 1.73% | 0.65% | 98.99% | 99.07% | 98.63% |
| 87 | Bank 23 | 28-Jun-19 | 334.9 | 248.2 | 20 | 104.4 | 69% | 0.67% | 0.00% | 99.25% | 95.87% | 98.67% |
| 88 | Bank 23 | 28-Jun-19 | 169.3 | 123.4 | 20 | 66.3 | 61% | 0.62% | 0.12% | 99.36% | 99.45% | 98.89% |
| 89 | Bank 23 | 19-Jul-19 | 75.9 | 54.7 | 19 | 29.9 | 61% | 1.54% | 0.62% | 98.44% | 98.59% | 99.01% |
| 90 | Bank 11 | 19-Sep-19 | 328.7 | 242.2 | 17 | 122.3 | 63% | 0.93% | 0.00% | 99.59% | 100.98% | 99.86% |
| 91 | Bank 11 | 26-Sep-19 | 259.1 | 180.6 | 17 | 119.6 | 54% | 0.71% | 0.21% | 99.58% | 99.98% | 100.19% |
| 92 | Bank 11 | 27-Dec-19 | 260.0 | 184.9 | 14 | 129.7 | 50% | 0.85% | 0.19% | 99.61% | 98.77% | 99.02% |
| 93 | Bank 14 | 28-Feb-20 | 110.7 | 79.3 | 12 | 56.3 | 49% | 1.16% | 0.00% | 99.00% | 99.52% | 98.81% |
| 94 | Bank 14 | 29-Feb-20 | 267.4 | 198.9 | 12 | 135.0 | 50% | 0.42% | 0.00% | 99.30% | 97.53% | 99.07% |
| 95 | Bank 11 | 17-Mar-20 | 188.4 | 132.7 | 12 | 94.3 | 50% | 0.60% | 0.00% | 99.46% | 100.01% | 99.23% |
| 96 | Bank 11 | 17-Mar-20 | 115.0 | 82.9 | 12 | 50.3 | 56% | 0.79% | 0.00% | 99.49% | 100.29% | 108.75% |
| 97 | Bank 11 | 30-Jun-20 | 78.2 | 54.4 | 8 | 30.9 | 60% | 0.00% | 0.00% | 99.88% | 100.18% | 99.92% |
| 98 | Bank 11 | 14-Sep-20 | 209.5 | 141.7 | 6 | 104.5 | 50% | 0.69% | 0.00% | 99.69% | 99.38% | 98.83% |
| 99 | Bank 11 | 14-Sep-20 | 116.1 | 77.8 | 6 | 66.1 | 43% | 0.90% | 0.00% | 99.58% | 97.84% | 101.31% |
| 100 | Bank 11 | 28-Dec-20 | 507.5 | 330.4 | 3 | 283.7 | 44% | 0.00% | 0.00% | 99.95% | 99.64% | 98.98% |
| Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr. No | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal [₹ Cr] | MPS | Pool Principal[₹ Cr] | Amortisation# | 90+ dpd% | 180+ dpd% | CCR | MCR | QCR |
| 1 | Bank 10 | 7-Feb-14 | 429.8 | 329.8 | 85 | 9.8 | 98% | 0.03% | 0.00% | 99.65% | 92.16% | 100.80% |
| 2 | Bank 4 | 27-Mar-14 | 271.6 | 214.5 | 84 | 4.4 | 98% | 0.00% | 0.00% | 98.19% | 100.10% | 97.10% |
| 3 | Bank 4 | 27-Jun-14 | 185.5 | 153.6 | 80 | 17.2 | 91% | 0.27% | 0.11% | 97.44% | 105.56% | 100.36% |
| 4 | Bank 2 | 30-Mar-15 | 1,067.2 | 869.5 | 71 | 83.0 | 92% | 0.82% | 0.22% | 97.45% | 158.32% | 110.90% |
| 5 | Bank 4 | 30-Jun-15 | 145.1 | 112.8 | 68 | 5.7 | 96% | 0.29% | 0.29% | 97.26% | 90.16% | 96.95% |
| 6 | Bank 12 | 28-Sep-15 | 454.7 | 381.0 | 65 | 32.0 | 93% | 0.92% | 0.00% | 98.93% | 97.89% | 95.89% |
| 7 | Bank 1 | 28-Sep-15 | 359.5 | 285.0 | 65 | 18.4 | 95% | 1.24% | 0.00% | 98.81% | 85.34% | 92.00% |
| 8 | Bank 8 | 29-Sep-15 | 430.3 | 364.1 | 66 | 34.0 | 92% | 0.38% | 0.25% | 98.71% | 91.27% | 100.26% |
| 9 | Bank 12 | 9-Dec-15 | 83.9 | 67.6 | 63 | 12.8 | 85% | 0.90% | 0.00% | 97.19% | 90.01% | 106.57% |
| 10 | Bank 12 | 29-Dec-15 | 156.2 | 133.7 | 62 | 12.4 | 92% | 0.00% | 0.00% | 99.27% | 100.82% | 100.24% |
| 11 | Bank 1 | 31-Dec-15 | 398.9 | 322.3 | 63 | 24.6 | 94% | 1.02% | 1.02% | 97.60% | 88.87% | 93.06% |
| 12 | Bank 1 | 3-Mar-16 | 95.7 | 77.4 | 60 | 9.8 | 90% | 0.00% | 0.00% | 98.35% | 142.31% | 95.92% |
| 13 | Bank 12 | 10-Mar-16 | 175.3 | 150.0 | 60 | 4.9 | 97% | 0.49% | 0.00% | 95.16% | 89.04% | 93.06% |
| 14 | Bank 22 | 29-Jun-16 | 250.3 | 209.4 | 56 | 29.5 | 88% | 0.06% | 0.00% | 99.16% | 105.68% | 101.02% |
| 15 | Bank 10 | 30-Jun-16 | 405.9 | 331.5 | 56 | 39.4 | 90% | 1.98% | 1.70% | 94.62% | 85.54% | 90.67% |
| 16 | Bank 13 | 26-Sep-16 | 368.7 | 299.6 | 54 | 41.0 | 89% | 0.37% | 0.13% | 97.54% | 94.59% | 99.85% |
| 17 | Bank 8 | 30-Sep-16 | 331.2 | 273.3 | 53 | 38.9 | 88% | 1.20% | 0.38% | 98.34% | 88.08% | 98.97% |
| 18 | Bank 5 | 30-Mar-17 | 415.9 | 340.5 | 47 | 70.5 | 83% | 0.43% | 0.24% | 99.32% | 101.06% | 98.91% |
| 19 | Bank 10 | 28-Jun-17 | 626.6 | 469.4 | 44 | 85.2 | 86% | 0.60% | 0.60% | 98.34% | 94.69% | 100.15% |
| 20 | Bank 8 | 30-Jun-17 | 406.0 | 332.7 | 45 | 61.0 | 85% | 1.85% | 0.17% | 98.78% | 102.11% | 98.66% |
| 21 | Bank 14 | 26-Sep-17 | 1,943.8 | 1,528.5 | 41 | 386.5 | 80% | 1.49% | 0.84% | 97.55% | 150.50% | 110.24% |
| 22 | Bank 14 | 28-Dec-17 | 881.4 | 710.9 | 38 | 216.2 | 75% | 0.72% | 0.36% | 99.21% | 115.39% | 102.75% |
| 23 | Bank 12 | 29-Dec-17 | 377.8 | 301.8 | 38 | 51.2 | 86% | 0.64% | 0.00% | 98.47% | 106.13% | 98.52% |
| 24 | Bank 12 | 1-Mar-18 | 226.1 | 186.8 | 36 | 45.7 | 80% | 0.02% | 0.00% | 99.01% | 116.81% | 100.01% |
| 25 | Bank 8 | 28-Jun-18 | 112.8 | 86.5 | 32 | 24.3 | 78% | 1.95% | 0.00% | 98.79% | 95.02% | 96.41% |
| 26 | Bank 15 | 29-Jun-18 | 515.3 | 428.1 | 33 | 149.0 | 71% | 1.96% | 0.21% | 98.52% | 97.66% | 96.88% |
| 27 | Bank 12 | 29-Jun-18 | 378.6 | 314.0 | 32 | 118.1 | 69% | 1.21% | 0.59% | 98.48% | 112.65% | 101.30% |
CCR: Cumulative collection ratio QCR- Quarterly collection ratio dpd: days past due
MPS: Months post securitisation MCR: Monthly collection ratio # Amortisation is calculated on Disbursement
| Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr. No | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal [₹ Cr] | MPS | Pool Principal[₹ Cr] | Amortisation# | 90+ dpd% | 180+ dpd% | CCR | MCR | QCR |
| 28 | Bank 12 | 23-Aug-18 | 217.9 | 185.4 | 30 | 71.7 | 67% | 0.18% | 0.00% | 99.12% | 105.12% | 100.99% |
| 29 | Bank 15 | 19-Sep-18 | 284.2 | 237.5 | 29 | 77.1 | 73% | 0.57% | 0.21% | 98.64% | 115.49% | 102.50% |
| 30 | Bank 15 | 26-Sep-18 | 404.0 | 334.4 | 29 | 98.9 | 76% | 1.43% | 0.43% | 98.30% | 97.49% | 98.74% |
| 31 | Bank 8 | 27-Sep-18 | 108.4 | 81.1 | 29 | 22.2 | 79% | 2.00% | 0.98% | 97.50% | 98.78% | 98.47% |
| 32 | Bank 12 | 31-Oct-18 | 128.7 | 106.8 | 28 | 55.2 | 57% | 1.68% | 0.39% | 98.65% | 99.28% | 98.44% |
| 33 | Bank 15 | 31-Oct-18 | 153.8 | 131.0 | 28 | 38.9 | 75% | 0.00% | 0.00% | 99.71% | 97.43% | 100.79% |
| 34 | Bank 12 | 16-Nov-18 | 100.1 | 83.6 | 27 | 38.5 | 62% | 0.72% | 0.15% | 98.89% | 98.03% | 100.05% |
| 35 | Bank 19 | 30-Nov-18 | 380.1 | 298.8 | 27 | 111.0 | 71% | 1.61% | 0.00% | 95.00% | 87.84% | 91.83% |
| 36 | Bank 15 | 30-Nov-18 | 245.7 | 205.4 | 27 | 79.4 | 68% | 1.28% | 1.28% | 98.44% | 116.91% | 100.06% |
| 37 | Bank 20 | 12-Dec-18 | 138.3 | 79.6 | 27 | 32.9 | 76% | 0.00% | 0.00% | 100.00% | 100.00% | 108.77% |
| 38 | Bank 15 | 21-Dec-18 | 117.4 | 100.3 | 26 | 36.0 | 69% | 0.00% | 0.00% | 98.79% | 122.98% | 100.12% |
| 39 | Bank 18 | 23-Dec-18 | 45.4 | 37.8 | 26 | 19.2 | 58% | 0.00% | 0.00% | 95.89% | 100.00% | 99.86% |
| 40 | Bank 15 | 27-Dec-18 | 462.3 | 354.6 | 26 | 174.0 | 62% | 1.45% | 0.37% | 98.48% | 101.72% | 100.43% |
| 41 | Bank 15 | 27-Dec-18 | 308.8 | 260.3 | 26 | 124.9 | 60% | 1.26% | 1.14% | 98.07% | 99.93% | 97.44% |
| 42 | Bank 19 | 31-Dec-18 | 321.8 | 238.5 | 26 | 62.0 | 81% | 2.26% | 0.00% | 98.79% | 87.57% | 92.44% |
| 43 | Bank 22 | 31-Dec-18 | 52.2 | 40.2 | 26 | 21.3 | 59% | 1.68% | 0.00% | 98.97% | 95.15% | 97.42% |
| 44 | Bank 15 | 22-Jan-19 | 182.2 | 139.8 | 25 | 77.0 | 58% | 1.85% | 0.00% | 98.81% | 96.88% | 100.32% |
| 45 | Bank 15 | 24-Jan-19 | 128.3 | 108.9 | 25 | 47.4 | 63% | 0.90% | 0.90% | 97.54% | 104.00% | 96.95% |
| 46 | Bank 19 | 31-Jan-19 | 73.6 | 51.6 | 25 | 34.4 | 53% | 3.09% | 0.00% | 98.89% | 94.52% | 96.21% |
| 47 | Bank 15 | 18-Feb-19 | 183.8 | 135.6 | 24 | 58.7 | 68% | 1.86% | 0.27% | 98.69% | 99.75% | 100.49% |
| 48 | Bank 20 | 28-Feb-19 | 142.8 | 84.2 | 25 | 27.4 | 81% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% |
| 49 | Bank 15 | 23-Mar-19 | 131.6 | 101.7 | 23 | 55.5 | 58% | 0.71% | 0.12% | 98.40% | 105.78% | 100.67% |
| 50 | Bank 19 | 23-Mar-19 | 96.6 | 74.3 | 23 | 25.4 | 74% | 0.00% | 0.00% | 99.58% | 104.75% | 100.24% |
| 51 | Bank 14 | 29-Mar-19 | 308.3 | 226.3 | 23 | 115.3 | 63% | 0.14% | 0.14% | 98.20% | 99.80% | 99.67% |
| 52 | Bank 14 | 30-Mar-19 | 398.7 | 289.9 | 23 | 134.8 | 66% | 1.99% | 0.00% | 96.40% | 90.63% | 94.22% |
| 53 | Bank 15 | 31-Mar-19 | 181.1 | 138.4 | 23 | 68.7 | 62% | 1.23% | 0.30% | 99.08% | 100.11% | 100.00% |
| 54 | Bank 19 | 31-Mar-19 | 79.4 | 52.8 | 23 | 26.5 | 67% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% |
CCR: Cumulative collection ratio QCR- Quarterly collection ratio dpd: days past due
MPS: Months post securitisation MCR: Monthly collection ratio # Amortisation is calculated on Disbursement
| Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr. No | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal [₹ Cr] | MPS | Pool Principal[₹ Cr] | Amortisation# | 90+ dpd% | 180+ dpd% | CCR | MCR | QCR |
| 55 | Bank 20 | 5-Apr-19 | 112.1 | 86.8 | 23 | 51.1 | 54% | 0.00% | 0.00% | 100.00% | 72.94% | 90.98% |
| 56 | Bank 15 | 28-May-19 | 131.8 | 102.0 | 21 | 50.3 | 62% | 1.48% | 0.50% | 98.88% | 104.18% | 100.08% |
| 57 | Bank 24 | 28-May-19 | 69.0 | 55.5 | 21 | 44.6 | 35% | 0.00% | 0.00% | 98.90% | 100.90% | 100.29% |
| 58 | Bank 20 | 28-Jun-19 | 53.3 | 39.2 | 21 | 2.3 | 96% | 0.00% | 0.00% | 100.00% | 92.98% | 75.21% |
| 59 | Bank 19 | 29-Jun-19 | 23.8 | 18.2 | 21 | 11.9 | 50% | 0.00% | 0.00% | 99.57% | 100.00% | 98.98% |
| 60 | Bank 14 | 25-Sep-19 | 31.0 | 19.4 | 17 | 14.3 | 54% | 0.33% | 0.00% | 98.55% | 95.54% | 99.07% |
| 61 | Bank 24 | 27-Sep-19 | 344.4 | 253.1 | 17 | 173.0 | 50% | 0.00% | 0.00% | 96.71% | 81.05% | 98.81% |
| 62 | Bank 20 | 27-Nov-19 | 45.4 | 25.5 | 16 | 25.9 | 43% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% |
| 63 | Bank 19 | 31-Dec-19 | 56.8 | 37.6 | 14 | 25.0 | 56% | 0.00% | 0.00% | 99.80% | 100.00% | 99.67% |
| 64 | Bank 20 | 16-Mar-20 | 135.0 | 32.8 | 13 | 13.7 | 90% | 0.00% | 0.00% | 100.00% | 75.08% | 91.69% |
| 65 | Bank 19 | 30-Sep-20 | 38.4 | 32.3 | 6 | 21.4 | 44% | 0.00% | 0.00% | 99.98% | 99.32% | 99.78% |
| 66 | Bank 19 | 30-Sep-20 | 5.2 | 3.4 | 6 | 2.7 | 49% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% |
Home Loans and LAP Pool Performance Factsheet PTC and PCG Pools
| HL Pools | Initial Pool Details | of Initial POS | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SrNo | Investor | Sold DownDate | Disbursement[₹ Cr] | Sold DownPrincipal[₹ Cr] | MPS | PoolPrincipal [₹Cr] | Amortisation# | 90+dpd% | 180+dpd% | CCR | MCR | QCR | Rating from |
| 1 | Bank 2 | 30-Dec-13 | 109.6 | 99.3 | 87 | 12.0 | 89% | 0.00% | 0.00% | 99.97% | 98.25% | 99.10% | CRISIL |
| 2 | Bank 14 | 04-Mar-15 | 294.1 | 272.4 | 73 | 49.4 | 83% | 0.00% | 0.00% | 99.95% | 99.67% | 99.63% | CRISIL |
| 3 | Bank 3 | 31-Dec-12 | 128.7 | 118.6 | 99 | 12.6 | 90% | 0.00% | 0.00% | 99.93% | 102.03% | 100.03% | CRISIL |
| 4 | Bank 3 | 28-Mar-13 | 114.6 | 107.1 | 96 | 14.5 | 87% | 0.00% | 0.00% | 99.97% | 101.81% | 99.34% | CRISIL |
| 5 | Bank 14 | 27-Sep-13 | 311.9 | 286.4 | 90 | 35.6 | 89% | 0.00% | 0.00% | 99.90% | 100.95% | 99.90% | CRISIL |
| 6 | Bank 18 | 30-Nov-18 | 107.4 | 89.2 | 27 | 34.3 | 68% | 0.00% | 0.00% | 99.56% | 100.02% | 99.72% | CRISIL |
| 7 | Bank 2 | 20-Mar-14 | 335.4 | 315.2 | 84 | 53.3 | 84% | 0.00% | 0.00% | 99.95% | 101.30% | 99.26% | ICRA |
| 8 | Bank 9 | 29-Jun-17 | 354.5 | 330.0 | 44 | 115.9 | 67% | 0.00% | 0.00% | 98.26% | 105.43% | 99.73% | ICRA |
| 9 | Bank 2 | 25-Nov-19 | 154.9 | 112.2 | 16 | 53.4 | 66% | 0.00% | 0.00% | 99.00% | 96.02% | 98.86% | Brickworks |
| 10 | Bank 2 | 30-Dec-19 | 231.9 | 185.3 | 14 | 97.7 | 58% | 0.00% | 0.00% | 99.08% | 99.20% | 100.02% | ICRA |
| 11 | Bank 14 | 30-Dec-19 | 604.4 | 449.8 | 15 | 285.1 | 53% | 0.00% | 0.00% | 98.92% | 102.44% | 101.18% | Brickworks |
| 12 | Bank 21 | 30-Dec-19 | 546.7 | 486.5 | 15 | 316.6 | 42% | 0.00% | 0.00% | 98.59% | 105.54% | 100.74% | Brickworks |
| 13 | Bank 10 | 14-Jan-20 | 532.5 | 492.6 | 14 | 299.2 | 44% | 0.00% | 0.00% | 98.43% | 100.34% | 101.08% | ICRA |
| 14 | Bank 23 | 03-Mar-20 | 544.7 | 378.7 | 12 | 223.9 | 59% | 0.00% | 0.00% | 96.52% | 99.61% | 101.65% | CRISIL |
| 15 | Bank 14 | 13-Mar-20 | 718.8 | 601.8 | 12 | 420.7 | 41% | 0.00% | 0.00% | 99.07% | 99.96% | 99.83% | Brickworks |
| 16 | Bank 10 | 29-Dec-20 | 69.7 | 58.8 | 3 | 51.9 | 26% | 0.00% | 0.00% | 99.94% | 99.72% | 99.94% | CRISIL |
| 17 | Bank 10 | 29-Dec-20 | 52.9 | 45.1 | 3 | 36.1 | 32% | 0.00% | 0.00% | 99.96% | 100.13% | 99.96% | CRISIL |
| 18 | FI 2 | 29-Jan-21 | 1,523.4 | 1,385.7 | 2 | 1,291.5 | 15% | 0.00% | 0.00% | 105.51% | 109.00% | 105.51% | Brickworks |
Initial Pool Details of Initial POS Sr No Investor Sold Down Date Disbursement [₹ Cr] Sold Down Principal [₹ Cr] MPS Pool Principal [₹ Cr] Amortisation# 90+ dpd % 180+ dpd % CCR MCR QCR Rating from 1 Bank 3 31-Mar-16 228.0 209.1 59 30.7 87% 0.00% 0.00% 99.06% 102.86% 108.91% CARE 2 Bank 14 30-Sep-16 143.7 136.0 53 22.4 84% 0.00% 0.00% 99.57% 96.61% 106.23% CRISIL 3 Bank 9 30-Dec-16 545.8 512.7 49 122.9 77% 0.00% 0.00% 99.90% 92.39% 98.02% CRISIL 4 Bank 9 27-Mar-17 310.1 292.4 47 97.1 69% 0.00% 0.00% 99.19% 95.64% 99.56% CRISIL 5 Bank 9 27-Sep-17 664.0 609.7 41 261.3 61% 0.00% 0.00% 99.08% 94.65% 98.88% ICRA 6 FI 1 31-Dec-19 743.8 481.1 15 266.8 64% 0.00% 0.00% 96.47% 100.00% 100.00% CRISIL LAP Pools
MPS: Months post securitisation MCR: Monthly collection ratio # Amortisation is calculated on Disbursement CCR: Cumulative collection ratio QCR- Quarterly collection ratio dpd: days past due 38
Corporate Social Responsibility
Indiabulls Foundation: Corporate Social Responsibility
IBF Scholarship Program
- 7 underprivileged students awarded scholarship for higher education in this quarter
- 1,474 scholarships awarded since inception
Ratings, Business Value Proposition, Key Ratios, Valuations, and Shareholding
| Rating Agency | Long Term Credit Rating |
|---|---|
| CRISIL [an S&PGlobalCompany] | AA |
| ICRA [a Moody's Investors Service Company] | AA |
| CARE Ratings | AA |
| Brickwork Ratings | AA+ |
| Auditors | ||||||
|---|---|---|---|---|---|---|
| Statutory Auditor | [throughIndianMemberFirmSRBatliboi&Co.]Ernst&Young | |||||
| Internal Auditor | Grant Thornton |
Productivity Ratios
| FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| No. ofEmployees | 4,512 | 4,243 | 4,072 | 4,099 | 4,840 | 5,453 | 6,388 | 8,111 | 8,676 | 5,405 | 3,480 |
| Profit peremployee [₹ Cr] | 0.17 | 0.24 | 0.31 | 0.38 | 0.39 | 0.43 | 0.46 | 0.47 | 0.47 | 0.41 | 0.35 |
| Asset peremployee [₹ Cr] | 3.71 | 5.85 | 8.09 | 10.84 | 11.82 | 14.02 | 16.23 | 16.26 | 15.00 | 19.03 | 26.79 |
| Cost-to-IncomeRatio | 21.0% | 18.7% | 18.0% | 17.1% | 16.4% | 14.3% | 13.3% | 12.5% | 12.7% | 16.2% | 12.8% |
Key Financial Metrics
| FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pre Tax RoAA[%] | 5.5% | 4.9% | 4.9% | 4.8% | 4.9% | 4.9% | 4.6% | 4.3% | 4.2% | 2.2% | 1.6% |
| Post Tax RoAA[%] | 4.1% | 3.7% | 3.8% | 3.8% | 3.7% | 3.7% | 3.6% | 3.3% | 3.0% | 1.9% | 1.3% |
| RoE[%] | 17% | 22% | 26% | 27% | 29% | 26% | 26% | 30% | 24% | 18% | 7.5% |
| CapitalAdequacy [%]# | 23.87% | 19.96% | 18.58% | 20.47% | 19.60% | 23.38% | 20.91% | 20.82% | 26.49% | 27.09% | 30.65% |
| -Tier I# | 23.63% | 19.27% | 15.05% | 16.10% | 16.28% | 20.36% | 17.25% | 15.07% | 19.81% | 20.31% | 23.96% |
| -Tier II# | 0.24% | 0.69% | 3.53% | 4.37% | 3.32% | 3.02% | 3.66% | 5.76% | 6.68% | 6.78% | 6.69% |
Valuations and Returns
| Mar-11 | Mar-12 | Mar-13 | Mar-14 | Mar-15 | Mar-16 | Mar-17 | Mar-18 | Mar-19 | Mar-20 | Mar-21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Price per Share[₹] | 155 | 207 | 272 | 286 | 558 | 674 | 998 | 1,194 | 744 | 228 | 193* |
| Dividend per Share [₹] | 10 | 13 | 20 | 29 | 35 | 36 | 36 | 42 | 40 | 21 | 9 |
| DividendYield [%] | 6.5% | 6.3% | 7.4% | 10.2% | 6.3% | 5.3% | 3.6% | 3.5% | 5.4% | 9.2% | 4.7% |
| Market Capitalisation[₹'000 Cr] | 4.8 | 6.5 | 8.5 | 9.5 | 19.8 | 28.4 | 42.3 | 50.9 | 31.8 | 9.7 | 8.9 |
| Price-to-Book[times] | 1.1 | 1.3 | 1.6 | 1.7 | 3.0 | 2.7 | 3.4 | 3.3 | 1.7 | 0.6 | 0.6 |
| PE Ratio [times] | 6.5 | 6.5 | 6.8 | 6.0 | 10.2 | 11.3 | 14.5 | 13.2 | 7.8 | 4.4 | 7.0 |
Shareholding Pattern
Detailed Financials
Consolidated Balance Sheet
| Statement of Assets and Liabilities: | (₹ in Billions) | ||||
|---|---|---|---|---|---|
| As at | As at | ||||
| Particulars | 31.03.21 | 31.03.20 | |||
| (Audited) | (Audited) | ||||
| ASSETS | |||||
| (1) Financial Assets | |||||
| (a) Cash and cash equivalents | 131.24 | 135.65 | |||
| (b) Bank Balance other than (a) above | 38.80 | 14.74 | |||
| (c) Derivative financial instruments | 1.54 | 7.39 | |||
| (d) Receivables | |||||
| (I) Trade Receivables | 0.24 | 0.29 | |||
| (II) Other Receivables | |||||
| (e) Loans | 654.07 | 702.11 | |||
| (f) Investments | 61.46 | 122.77 | |||
| (g) Other Financial assets | 11.60 | 14.21 | |||
| Sub-total - Financial Assets | 898.95 | 997.16 | |||
| (2) Non-financial Assets | |||||
| (a) Current tax assets (Net) | 5.84 | 12.15 | |||
| (b) Deferred tax assets (Net) | 6.70 | 3.89 | |||
| (c) Property, Plant and Equipment | 0.83 | 1.21 | |||
| (d) Right-of-use assets | 1.19 | 2.53 | |||
| (e) Goodwill on Consolidation | 0.58 | 0.58 | |||
| (f) Other Intangible assets | 0.36 | 0.18 | |||
| (g) Other non-financial assets | 4.08 | 4.33 | |||
| (h) Assets Held for Sale | 13.85 | 6.69 | |||
| Sub-total - Non-financial Assets | 33.43 | 31.56 | |||
| Total Assets | 932.38 | 1,028.72 | |||
| LIABILITIES AND EQUITY | |||||
| LIABILITIES | |||||
| (1) Financial Liabilities | |||||
| (a) Derivative financial instruments | 2.89 | 1.88 | |||
| (b) Payables | |||||
| Trade Payables | |||||
| (i) total outstanding dues of micro enterprises | $\overline{\phantom{0}}$ | ۰ | |||
| and small enterprises | |||||
| (ii) total outstanding dues of creditors other | 0.23 | 0.12 | |||
| than micro enterprises and small enterprises | |||||
| (c) Debt Securities | 302.19 | 326.17 | |||
| (d) Borrowings (Other than Debt Securities) | 339.08 | 423.70 | |||
| (e) Subordinated Liabilities | 46.78 | 46.87 | |||
| (f) Other financial liabilities | 72.65 | 65.73 | |||
| Sub-total - Financial Liabilities | 763.82 | 864.47 | |||
| (2) Non-Financial Liabilities | |||||
| (a) Current tax liabilities (Net) | 1.45 | 0.69 | |||
| (b) Provisions | 1.25 | 1.97 | |||
| (c) Other non-financial liabilities | 4.52 | 6.21 | |||
| Sub-total - Non-Financial Liabilities | 7.22 | 8.87 | |||
| (3) EQUITY | |||||
| (a) Equity Share capital | 0.89 | 0.84 | |||
| (b) Other Equity | 160.45 | 154.54 | |||
| Sub-total - Equity | 161.34 | 155.38 | |||
| Total Liabilities and Equity | 932.38 | 1,028.72 |
Consolidated Income Statement
| Year endedQuarter ended31.03.2131.12.2031.03.2031.03.2131.03.20Particulars(Unaudited)(Unaudited)(Unaudited)(Audited)(Audited)1Revenue from operations(i) Interest Income23.2923.8124.6597.22(ii) Dividend Income1.490.000.800.360.94(iii) Fees and commission Income0.130.541.24(iv) Net gain on fair value changes(v) Net gain on derecognition of financial instruments under1.334.530.290.421.11amortised cost categoryTotal Revenue from operations23.7225.1329.5099.272Other Income0.500.010.041.03324.2225.1529.54100.30Total Income (1+2)4ExpensesFinance Costs15.9417.0669.3921.260.640.37Net loss on fair value changes3.169.20Impairment on financial instruments (net of recoveries)1.435.361.202.53Employee Benefits Expenses0.161.020.230.250.280.97Depreciation, amortization and impairment0.521.010.502.23Other expenses20.6520.7828.6084.68Total expenses25.615Profit before tax (3-4)3.574.370.9415.626Tax expense(2.57)Current tax expense(0.58)0.220.631.390.852.242.97Deferred Tax Charge / (Credit)0.811.083.60Total Tax Expense(0.32)Profit for the Period / Year (5-6)2.763.291.2712.0278Add: Share of Profit of Associate0.10$\sim$$\sim$Profit for the period / year attributable to the92.763.291.3712.0222.00Shareholders of the Company (7+8)10 °Other comprehensive incomeA (i) Items that will not be reclassified to statement of profit orloss0.07(a) Remeasurement gain / (loss) on defined benefit plan(0.14)(0.04)0.1320.550.03(0.17)22.15(6.85)(b) Gain / (Loss) on equity instrument designated at FVOCI(24.03)(24.03)(c) impairment allowance$\sim$0.030.051.530.48(ii) Income tax impact on aboveB (i) Items that will be reclassified to statement of profit orloss(a) Derivative instruments in Cash flow hedge relationship(0.23)(0.15)(0.95)(2.45)(1.26)0.260.060.040.62(ii) Income tax impact on above(0.26)(0.28)(2.03)(7.02)(3.65)Other comprehensive (loss) (net of tax)11Total comprehensive income (after tax) (9+10)2.513.01(0.65)5.0018.350.890.890.840.89Paid-up Equity Share Capital1213Earnings per Share (EPS)*(EPS for the quarters are not annualised)Basic (Amount in $\bar{z}$ )6.2051.707.393.2727.726.197.393.27Diluted (Amount in ₹)27.7251.69 | (₹ in Billions) | |||||||
|---|---|---|---|---|---|---|---|---|
| 115.49 | ||||||||
| 8.63 | ||||||||
| 3.52 | ||||||||
| 132.16 | ||||||||
| 0.07 | ||||||||
| 132.23 | ||||||||
| 85.12 | ||||||||
| 1.20 | ||||||||
| 10.63 | ||||||||
| 6.05 | ||||||||
| 1.08 | ||||||||
| 2.55 | ||||||||
| 106.62 | ||||||||
| 3.71 | ||||||||
| 0.24 | ||||||||
| 3.95 | ||||||||
| 21.66 | ||||||||
| 0.34 | ||||||||
| 0.10 | ||||||||
| 0.83 | ||||||||
| 0.16 | ||||||||
| 0.84 | ||||||||
| -Face Value (Amount in ₹) | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Safe Harbour Statement
This document contains certain forward-looking statements based on current expectations of Indiabulls Housing Finance Ltd. management ("IBH"). These forward looking statements and any other projections contained herein are predictions and involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements to be materially different from any future results, performance or achievements, expressed or implied, by such forward looking statements or other projections. 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 markets; new regulations and accounting standards, and government policies that might impact the business of IBH; the general state of the Indian economy; and the management's ability to implement the company's strategy. All of these factors are contingencies which may or may not occur and IBH is not in a position to express a view on the likelihood of any such contingency occurring.
The forward looking statements contained herein are based on the beliefs of the management of IBH, as well as the assumptions made by and information available to management as at the date hereof. Moreover, the statements made herein are on the basis of estimates which may undergo a change depending on market conditions and dynamics including changes in the operating costs and demand-supply scenario. There can be no assurance that the expectations will prove to be correct. Interest rates applicable for any product are highly sensitive to many factors beyond IBH's control, including the monetary policies of the regulatory bodies, domestic and international economic and political conditions, inflation and other factors. IBH expressly disclaims any obligation or undertaking to release any updated information or revisions to any statements contained herein to reflect any changes in the expectations or assumptions with regard thereto or any change in the events, conditions or circumstances on which such statements are based.
All subsequent written and oral forward looking statements attributable to IBH are expressly qualified in their entirety by reference to these cautionary statements.
All information contained in this presentation has been prepared solely by IBH. No information contained herein has been independently verified by anyone else. No representation or warranty (express or implied) of any nature is made nor is any responsibility or liability of any kind accepted with respect to the truthfulness, completeness or accuracy of any information, projection, representation or warranty (expressed or implied) or omissions in this presentation. Neither IBH nor anyone else accepts any liability whatsoever for any for any direct, indirect or consequential loss or damage, howsoever, arising from any use or reliance on this presentation or its contents or otherwise arising in connection therewith. This presentation may not be used, reproduced, copied, distributed, shared, or disseminated in any other manner.
This document does not constitute an offer or recommendation. The receipt of this presentation by any recipient is not to be constituted as the giving of investment advice by IBH to that recipient. Any action taken by you on the basis of the information contained herein is your responsibility alone and IBH or its directors or employees will not be liable in any manner for the consequences of such action taken by you. The distribution of this presentation 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.
Investor Contact Media Contact Ramnath Shenoy Ankit Banga [email protected] [email protected] +91 22 6189 1444 +91 22 6189 1153
