Cholamandalam Investment and Finance : 45th AGM Presentation

45th Annual General

Meeting

Strong Geographical Presence

			Jammu & Kashmir (7)
Punjab (24)		Himachal Pradesh (17)
Chandigarh (2)
	Uttarakhand (18)
Haryana (35)
			Arunachal
			Delhi (5)	Sikkim (1)
			Pradesh (1)
	Rajasthan (83)	UP (74)		Assam (25)
			Bihar (44)		Meghalaya (3)
Gujarat	Madhya Pradesh			Mizoram (1)
(66)			Tripura (4)
	(80)
Dadra & Nagar		West Bengal (62)
	Jharkand (29)
Haveli (1)	Maharashtra (119)
Goa (2)		Chhattisgarh (67)
			Odisha (59)
			Telangana (41)
Karnataka (78)		Andhra Pradesh (54)
			Puducherry (2)	Andaman & Nicobar (1)

45 years of Existence

- Asset Financing Company

- Non- Deposit Accepting

- Business Verticals

- Vehicle Finance

- LAP

- Home Loans

Kerala (50)

Tamil Nadu (136)

- SME

• 1191 branches across 29 states/Union territories: 1133 VF, 587 LAP (577 co-located with VF), 499 HL (457 co-located with VF), 352 CSEL, 171 SBPL, 54 SME (all co-located with VF) & 6 locations for Head office Functions and Operations in Tamil Nadu
• 80% locations are in Tier-III,Tier-IV, Tier V and Tier-VI towns

- CSEL and SBPL

Note: Figures in brackets represents total no. of branches as on 31st Mar 2023.

Disbursements

Business AUM

PAT

ROE

Public Issue of NCD

Asset Quality

No of Customers

Capital Adequacy

Highlights FY- 2023

• Highest ever Disbursements at over Rs.65000 Cr with growth across all major Product Segments
• AUM grew over Rs.1 Lakh Crore in FY 23 with a growth of over 39%
• Consistent in delivering a PAT growth of over 20% in the last 10 years - FY 23 PAT growth was at 24%
• Consistent in delivering a ROE of over 15% in the last 10 years - FY 23 ROE was at 20.6%
• Launched maiden public issue of NCDs of Rs.5000 Cr in FY 23 and we achieved huge success when raising the first tranche in Apr-23.
• Strong collections resulted in improved Asset quality with Gross Stage 3 improving to 3% in FY 23 from 4.4% in FY 22
• Increased customer base to 25 Lakh in FY 23 from 18 Lakhs in FY 22
• Capital Adequacy stood at 17.13% with Tier I Capital at 14.78% in Mar-23. We propose to raise Capital by way of Q I P over the next few months to further strengthen our Capital position, in line with our growth plans.

Standalone Financials

		Rs in Cr
Profit & Loss Account	FY 22	FY 23	Growth%
Disbursements	35,490	66,532	87%
Income	10,139	12,978	28%
Finance Costs	(4,299)	(5,749)	-34%
Operating Expenses	(2,069)	(2,780)	-34%
Loan Losses	(880)	(850)	3%
Profit Before Tax	2,891	3,600	25%
Taxes	(744)	(933)	-25%
Profit After Tax	2,147	2,666	24%
Balance Sheet	FY 22	FY 23	Growth%
Business Assets	74,149	1,04,748	41%
Other Assets	8,214	8,767	7%
Total Assets	82,363	1,13,516	38%
Networth	11,708	14,296	22%
Borrowings	69,174	97,356	41%
Other Liabilities	1,482	1,863	26%
Total Liabilities	82,363	1,13,516	38%

4

Financial Results

Q1 FY24