Bajaj Finserv Limited
9,362words
4turns
0analyst exchanges
0executives
Key numbers — 40 extracted
33.43%
39.12%
51%
52.49%
74%
80.13%
100%
60.80%
53.77%
55.86%
52.74%
rs
4
Guidance — 4 items
Consolidated borrowing mix for Money Markets
opening
“104 Cr in Q2 FY22, mainly on account of lower death claims and higher investment income Source : IRDAI Monthly Business Figures IRNB – Individual Rated New Business, NB – New Business, GWP – Gross Written Premium, ULIP – Unit Linked Investment Plan: CAGR – Compounded Annual Growth Rate $ - On 12-month rolling basis, NBM for the period ended Sep’22 is 15.0% vs 13.4% for the period ended Sep’21 33 BALIC – Q2 FY23 Highlights Performance Highlights of Q2 FY23 over Q2 FY22 All Figures in Rs.”
BALIC Direct
opening
“Any opinion, estimate or projection constitutes a judgment as of the date of this presentation, and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection.”
BALIC Direct
opening
“No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness, correctness or fairness of the information, estimates, projections and opinions contained in this presentation.”
BALIC Direct
opening
“By viewing 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 business of the Company.”
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Speaking time
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Opening remarks
Consolidated borrowing mix for Money Markets
Banks: Deposits: ECB stood at 44%: 31%: 22%: 3% 11 BFL : Business Segments BAJAJ FINANCE Consumer SME Commercial Rural • Unique hub-and-spoke model in 2,313 locations and retail presence across 33,500+ points of sale • Diversified rural lending model with 10 product lines across consumer and SME business categories • Largest consumer electronics, digital products & lifestyle lender in India • Presence in 1,372 locations with 1,02,300+ active points of sale • Amongst the largest personal loan lenders • EMI Card franchise of over 3.28 Cr cards in force • Among the largest new loans acquirers in India 67.6 Lakhs in Q2 FY23 • Number of net users on Digital app platform stood at 2.66 Cr as on 30 September 2022 • Co-branded credit card stood at 31.5 Lakhs as of 30 September 2022 • Focused on affluent SMEs with an average annual sales of around Rs. 15-17 Cr with established financials & demonstrated borrowing track records • Offer a range of working capital & growth capital products to SME &
Agency
Focus on profitability and driving higher traditional Mix ❑ 3rd largest agency in private LI space (for H1 FY23); backed by 1.12 Lakh+ agents ❑ Continued balanced product mix with traditional rated new business mix at 67% in Q2 FY23 individual ❑ Variabilization of cost Agency through low-cost models (14% contribution in H1 FY23 vs 10% in H1 FY22)
Institutional Business
Building sustainable business through strong integration with partners ❑ Diverse mix of large and small partner and web banks, NBFC, brokers aggregators ❑ Axis bank share in total IRNB has increased from 19% in Q2 FY22 to 25% in Q2 FY23 due to the opening up of all geographies ❑ New Corporate Agency tie-up with & City Development Bank of Singapore (DBS) Union (CUB) Bank
BALIC Direct
Analytics backed, focused verticals for upsell and cross sell initiatives cities, with various for ❑ Presence in 165 Dedicated Verticals customer Segments ✓ Maturity ✓ Service to Sales ✓ Elite Relationship force ✓ Hub & Spoke ❑ Data and Analytics as a key pillar for Direct business Individual Rated NB = (100% of first year premium & 10% of single premium excluding group products) * Note: The components might not add up to total of 100% due to rounding off 38 BALIC : Persistency Persistency 13th Month 83% 82% 82% 80% Persistency 25th Month 74% 75% 71% 72% Persistency - 13th Month Persistency - 25th Month FY21 FY22 H1 FY22 H1 FY23 FY21 FY22 H1 FY22 H1 FY23 Persistency 37th Month Persistency 49th Month Persistency 61st Month 66% 66% 64% 62% 63% 59% 50% 48% 45% 63% 54% 42% Persistency - 37th Month Persistency - 49th Month Persistency - 61st Month FY21 FY22 H1 FY22 H1 FY23 FY21 FY22 H1 FY22 H1 FY23 FY21 FY22 H1 FY22 H1 FY23 Continued focus on renewal collection via various initiatives such
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