SATINNSE9 August 2019

Satin Creditcare Network Limited has informed the Exchange regarding Investor Presentation

Satin Creditcare Network Limited

To, The Manager, National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra East, Mumbai-400051

Scrip Code: SATIN

Dear Sir/Madam,

Sub: Investor Presentation;

August 9, 2019

The Manager BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400023

Scrip Code: 539404

Pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in terms of other applicable laws, if any, please find the Investor Presentation for the period ended on June 30, 2019.

We request you to make this presentation public by disclosing the same on your website.

The above information is also available on the website of the Company: www.satincreditcare.com

Thanking You,

Yours Sincerely, For Satin Creditcare Network Limited

(Choudhary Runveer Krishanan) Company Secretary & Compliance Officer

Encl: a/a

Corporate Office: 1st and 3rd Floor, Plot No 97, Sector‐44, Gurugram ‐ 122003 Haryana, India

Registered Office: 5th Floor, Kundan Bhawan Azadpur Commercial Complex, Azadpur, New Delhi ‐ 110033, India

CIN

Landline No E‐Mail ID Website

: L65991DL1990PLC041796 : 0124‐4715400 : info@satincreditcare.com : www.satincreditcare.com

INVESTOR PRESENTATION August 2019

BUILDING A DIFFERENCE TO MAKE A DIFFERENCE

BSE: 539404 | NSE: SATIN Corporate Identity No. L65991DL1990PLC041796

Contents

Overview and Key Performance Highlights

Satin’s Transformation

Business Resilience

Key Financial and Operational Charts

Industry

Our Guidance

Background

Operational and Financial Annexures

Cautionary Statement Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

Who we are..

Microfinance is primarily based on the Joint Liability Group (JLG) model, to provide financial assistance and enable women from rural and semi-urban areas to achieve self sustainability

CREATING A NICHE BY BEING A ONE STOP FINANCIAL SERVICES PROVIDER FOR OUR CUSTOMERS

MICROFINANCE…

Income Generating Loans (IGL)

Mid Term Loans (MTL)

Long Term Loans (LTL)

Social impact financing of solar lamps, bicycles, water and sanitation facilities etc.

…AND BEYOND

Housing Finance

Micro Small & Medium Enterprises (MSME)

Business Correspondence & New Products

Digital Lending

Visionary Management backed by Professional Team

Established track record of delivery through vast branch network

Strong client relationship built on transparent practices & internal controls

Low-risk lending aimed at income generation

Diversification by product & geography

Proprietary IT platform & Technology prowess

Large marquee institutional investor base

Comfortable liquidity and CRAR

Seeking Excellence

Accountability & Ownership Team Work & Collaboration

Integrity

Nurturing Lives

Key Business Performance Highlights (1/2)

India’s leading NBFC-MFI in terms of Assets Under Management (AUM), with AUM of Rs. 7,139 crore

RoA 2.4% (1.7% in Q1FY19), RoE 13.4% (11.7% in Q1FY19) and CRAR 30.52% (23.41% in Q1FY19) in Q1FY20

First place amongst all MFIs in Customer Service Index in third party evaluation undertaken during 2018-19 by MFIN for fair practices code, policies and processes

Equity infusion via Conversion of warrants worth Rs 60 crore by Promoter and OCCRPS worth Rs 45 crore by IndusInd Bank Ltd at Rs 335 per share

Undergoing complete process re-engineering, leading to tightening of credit norms and better controls

Stable portfolio quality with collection efficiency of 99.4% on loans disbursed since Jan’18, GNPA improved from 4.4% in FY18 to 2.8% in Q1FY20, reduction of 36.4%

Cashless

- disbursement implemented across 100% branches - 12% collection via cashless mode

Implementing Centralized Shared Services (CSS), to ensure uniformity of processes and control across our entire network, as back end quality support

Psychometric tool being rolled across branches, more than 1 lac customers tested during credit appraisal before disbursement

Figures are on consolidated basis unless otherwise stated

Key Business Performance Highlights (2/2)

Only lender to 57% clients at the time of disbursement

Long term Credit Rating IND A- (Positive); Short term rating at A1 from CRISIL and CARE ; Grading of MFI 1

Social rating sA from Microfinanza, C1 Code of Conduct Assessment (COCA) from ICRA, the highest grade

“Loan Dost”, the digital lending platform to now offer loans to self-employed class along with salaried clients

Added 65 new branches across 10 districts during Q1FY20, further strengthening our PAN India presence

Book value per share at Rs. 249.57

Share of non microfinance portfolio at ~6% of total AUM, helping us capitalize our reach

Investment of Rs. 30 crore in housing subsidiary, Satin Housing Finance Ltd (SHFL), AUM of Rs 100 crore with nil delinquency. Received refinance facility sanction from NHB in Aug’19

Taraashna Services Ltd renamed as Taraashna Financial Services Ltd (TFSL), applied for NBFC License

Satin Finserv Ltd, Satin’s MSME arm, taking good shape

Corporate Overview Consolidated

Rs.41 crore

PAT, 48.6% up YoY

Rs.7,139 crore

GLP, 18.5% up YoY

1,228

2.4%

ROA, 45.3% up YoY

Rs.353 crore

Revenue, 7.8% up YoY

Branches, 20.7% up YoY

States & UTs, 22.2% up YoY

RoA and RoE are calculated on annualized basis

13.4%

ROE, 14.2% up YoY

Rs.201 crore

NII, 15.6% up YoY

36.0 lacs

Clients, 20.0% up YoY

Corporate Overview Standalone

Rs.41 crore

PAT, 65.1% up YoY

2.5%

ROA, 60.7% up YoY

13.5%

ROE, 25.8% up YoY

Rs.6,467 crore

GLP, 19.8% up YoY

Rs.1,806 crore

Disbursement, 35.5% up YoY

Rs.28,000

Average ticket size

States & UTs, 22.2% up YoY

(1) On portfolio disbursed since Jan’18, comprising 95% of portfolio

6.3 lacs

No. of Loans disbursed, 36.5% up YoY

37.8 lacs

Loan accounts outstanding, 43.5% up YoY

30.52%

CRAR, 30.4% up YoY

1,024

Branches, 22.2% up YoY

99.4%(1)

Collection efficiency

“SATIN’s TRANSFORMATION”

THE JOURNEY OF DIFFERENCE…

KEEP FOLLOWING

A Difference Powered by Technological Prowess & Processes…

Game Changing Digital Transformation Technology (LMS)

Turn Around Time of Customer Acquisition to disbursement journey Reduced from 18 days to a few minutes

Help us to be ahead of the curve to better respond to the ever changing business scenarios

LMS

Online real-time system

Last Mile Connectivity on Tabs

Greener (paperless environment)

Event based mapping of Geo Location & Tracking Penetration

Instant Bank Account Verification

Core Accounting & Financial System

Cashless Disbursement @100% branches

Real-time Dashboards

Real-time CB Checks.

Features enabling brand recall value (SMS, OTP, QR Code)



Technology footprint at Subsidiaries



BC subsidiary also using the same technology & leveraging the same benefits

Centralized Shared Service centre introduced within SATIN; to create unified support model across Business Reporting / End User Applications Support & Managed Infrastructure

Strategic Direction for newer subsidiaries like Housing & MSME on industry best technology platform “OMNIFIN”

Gold Standard Information Security



to be Our company is the first MFI certified with ISO 27001:2013, which affirms the prevalence of robust ISMS specifying for requirements the implementing, maintaining establishing, and continually improving ISMS within the organisation

This certification indicates SATIN has integrated a robust ISMS in its business processes & exemplifies that information security and client confidentiality are part of the cornerstones of SATIN’s strategic objectives.

... and digitization to drive growth with increasing reach

Amongst the First MFIs to foray in digital lending with no human intervention, tapping the next generation consumers



Step changing digital lending platform named “Loan Dost”

Leveraging the new innovative technologies fully integrated through API’s & powered by AI, ML & DevOps

Unique features like psychometric evaluation of customers, underwriting & repayment via NEFT / IMPS / UPI

Capability to make underwriting decision in 25 minutes with robust and secured protection against fraudsters

App based platform available on Google Play Store for Android users, instant loans from Rs. 10,000-1,50,000 for salaried and self employed individuals

Exciting future roadmap through integrations with Amazon for gift cards and rolling out dynamic offers based on customer profiling

… leading to Operating Efficiency & Scalability

New initiatives…

Centralized processes

KYC Compliance & Real- time Credit Bureau checks

..leading to improved processes

Reduced TAT

Real-time Decision Making

Auto bank reconciliation using API

Penny drop verification

Faster Book Closing

Enhanced Productivity

Cash less disbursements & collections

Improved Data Quality

Geotagging

Brand image

… to serve 36 lacs+ Customers across India

57% Clients with Satin as Only Lender*

36,04,373

No. Of Active Clients

368

No. of Districts

No. of Regional Offices

53%

7,023

41,58,939

No. of Loan Accounts

80,768

No. of Villages

2,44,539

No. of Centres

11,085

No. of First Cycle Customers*

No. of Loan Officers

No. of Employees

On Consolidated basis *at the time of disbursement, data is for JLG only

… while de-risking geographical concentration

To have become a PAN India Player

Share of Top 4 States Reduced from 86% to 55% over 4 years

Limiting Exposure per district

85.9

12.7

15.5

17.7

40.9

FY16

77.3 10.1

19.2

18.1

29.9

FY17

67.7 10.2

12.9

18.3

26.3

FY18

56.3 8.4 8.8

17.5

21.6

FY19

-36%

55.2 8.5 8.7

15.8

22.2

Q1FY20

Bihar

Punjab

Average exposure per district %

% of Top 10 Districts to AUM

0.5

0.45

0.35

0.28

0.27

F Y 1 6

F Y 1 7

F Y 1 8

F Y 1 9 Q 1 F Y 2 0

F Y 1 6

F Y 1 7

F Y 1 8

F Y 1 9 Q 1 F Y 2 0

Particulars

No. of Districts - JLG

FY16

180

FY17

236

FY18

306

FY19

Q1FY20

359

368

Number of States with more than 1% exposure of SATIN

% of Districts with <1% exposure

85.0%

88.1%

92.5%

96.4%

96.5%

% of Districts with >2%

5.6%

2.1%

1.0%

0.6%

0.3%

267

% of Top 10 Districts to Net-worth

188

120

2015

2017

2019

F Y 1 6

F Y 1 7

F Y 1 8

F Y 1 9

Q 1 F Y 2 0

Target to achieve per state exposure to <20% by 2020

Data on consolidated basis

… with increasing footprints

States

UTTAR PRADESH BIHAR MP DELHI & NCR UTTARAKHAND TOTAL

% of total GLP

FY15 43.3% 17.2% 18.5% 5.1% 4.0% 88.1%

Q1FY20 22.2% 15.8% 8.7% 3.6% 1.5% 51.8%

GLP (Rs. crore) Jun’19

1,584 1,130 624 259 107 3,704

States

PUNJAB

RAJASTHAN

HARYANA

MAHARASHTRA

% of total GLP

FY15

8.2%

1.6%

1.1%

0.9%

Q1FY20

8.5%

6.6%

3.7%

1.4%

GLP (Rs. crore) Jun’19

605

474

262

102

TOTAL

11.8%

20.2%

1,443

3. Foraying into New Geographies

s n o g e r

l a n o i t i d a r t o t

e r u s o p x e g n i c u d e R

. 2

r e w e N o t

e r u s o p x e g n i s a e r c n

. 1

s e t a t s

States

ASSAM WEST BENGAL ORRISA GUJARAT JHARKHAND TAMIL NADU CHHATTISGARH TRIPURA

HIMACHAL

KARNATAKA MEGHALAYA PONDICHERRY TOTAL

% of total GLP

FY15 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

0.0%

0.0% 0.0% 0.0% 0.0%

Q1FY20 7.6% 5.9% 4.4% 3.2% 1.8% 2.5% 1.0% 0.9%

0.1%

0.4% 0.1% 0.1% 27.8%

GLP (Rs. crore) Jun’19

543 421 311 226 132 176 71 61

26 6 6 1,985

... and deepening presence in Rural India

Break-up of operations

Purpose-wise details

23%

17%

77%

75%

Rural

Urban

Agriculture

Trading

Production

Others

For MFI portfolio excluding MSME

… providing Differentiated Product Offerings

Product features as on Jun’19

Start Date

Ticket Size Range

SCNL

MFI(1)

May’08 (JLG)

Upto Rs. 50,000

Business Correspondent services

Taraashna Financial Services Ltd(2)

May’12(3)

Upto Rs. 50,000 (JLG - Microfinance)

Housing Finance

SME

Satin Housing Finance Ltd(3)

Satin Finserv Limited (SFL)(4)

Feb’18

Mar’19

Rs. 100,000 – 4,000,000

Rs. 100,000 – 100,000,000

Tenure

12 - 24 months

24 - 240 months

12 - 120 months

Frequency of Collection

Bi-Weekly

Bi-Weekly / 2 Bi-Weekly

Monthly

No. of States/UTs

No. of Branches

Gross Loan Portfolio (Rs. crore)

No. of loan accounts

1,018

6,180(5)

3,779,327

186

542

376,746

101

829

279

Avg. Ticket Size for Q1FY20

Rs. 28,000 (JLG)

Rs. 28,600 (JLG)

Rs. 1,386,000

Rs. 623,000

Notes (1) As on Jun’19, included MFI Lending (loans under JLG model, IndusInd BC and water & sanitation) and Product Financing (Loans for solar lamps, cycles); (2) TFSL acquisition is effective Sep 1, 2016; (3) Satin Housing Finance Ltd was incorporated on April 17, 2017 (4) SFL was incorporated on August 10, 2018 (5) SCNL also has MSME portfolio of ~Rs. 287 crore which will run down and future disbursements will be done by SFL *As of Q1FY20, there were 1,018 branches with Microfinance operations & 34 branches with MSME operations. Out of the 34 MSME branches, 28 of them also had microfinance operations & 6 were unique.

… with opportunities to leverage our customer reach

Product Offerings

Overview

Product Financing

Bicycle Loan

Solar Products

6,897 loans disbursed*

12,366 loans disbursed*

Home Appliances

Consumer Durables

356 loans disbursed*

1,165 loans disbursed*

Water & Sanitation

8,381 loans disbursed*

 The company finances product purchase of solar lamps, bicycles etc. and grants loan for safe water and sanitation facilities

Benefits

 Enhances the productivity and income generating potential of its clients

 Enables company to leverage its rural outreach

 Capitalizes on company’s existing network and

client base

 No incremental cost, thus the income directly

adds up to the bottom line

Note: * No. of loans disbursed during Q1 FY20

“RESILIENT SATIN”

A full-fledged in-house audit process

Full-fledged in-house Internal Audit

110

Zonal Auditors & Regional Auditors

100% Digital

on Audit Reports and Findings

Quarterly Audit Regional Office, Branch & Social Performance Management

Feedback based

Compliance Audit

790 Audits

completed in last quarter with

99% compliance

19 man-days

field audit per auditor per month

… coupled with robust underwriting techniques

Hit Rate for all Products-Q1 FY20

CB Rejection Reason-Q1 FY20

13%

11%

87%

Hit

No Hit

SCNL Guidelines

Limit

RBI Guidelines

MFIN Guidelines

Indebtedness Limit (INR)

Maximum No. of MFIs

80,000

Yes

35%

52%

>1 MFI

Over Indebtedness

Ticket Size

Defaulter

Rejection Rate for all products is ~18% for Q1FY20

Note:  Rejections are done based on data derived from CB report  Rejection detail belongs to JLG customers

… robust processes strengthening underwriting

Psychometric tests

to reduce risk on customers with negative intentions, has made customers filtration process more scientific and transparent

Real-time Credit Bureau checks

to track loan history of the prospective clients, also created own credit Bureau scorecard for individual clients for better screening

Rotating responsibility

transferring the CSOs every 18 months to reduce human biases. Risk Officers visit customers regularly

Loan Utilization Checks

CSO regularly visits member’s house/asset place for enquiring about loan utilization

Geo-tagging

of all branches, centers and customers’ houses to eliminate dependency on CSOs. All branches and centres are geo-tagged

Account verification & Cashless Disbursements

via penny drop verification along with strict KYC compliance, also cashless disbursements eliminates the cash handling risk

… resulting in Improved Collection Efficiency

Robust collection efficiency reflecting high credit discipline in disbursement

Period of disbursement

Jan’17 to Dec'17

Jan’18 onwards

Demand (Rs. crore)

3,600

4,857

Collection (Rs. crore)

3,511

4,826

% of AUM

Cumulative CE%

95%

97.5%

99.4%

Collection efficiency of loans disbursed since Apr’18 is 99.7% constituting 85% of the portfolio

% of AUM

99.5 %

99.4 %

99.5 %

67%

97.7 %

33%

99.5 %

78%

98.2 %

22%

89%

98.0 %

11%

95%

Jan'18 onwards

Jan'17 to Dec'17

97.5 %

Q2 FY19

Q3 FY19

Q4 FY19

Q1FY20

… with decreasing PAR

35.8

26.6

14.4

19.1

15.3

11.4

6.7

5.9

4.4

5.4

5.0

4.1

3.6

3.4

2.9

3.9

3.4

2.8

Mar'17

Sep'17

Mar'18

PAR 1%

Sep'18

Mar'19

Jun'19

PAR 30%

PAR 90%

A well-diversified Liability Profile

Diversified mix of funding Source of funds raised during the period

Large Lender Base 71 Active Lenders

39.7%

1.4% 7.6%

13.6%

21.3%

5.4%

10.9%

24.9%

28.6%

6.4%

12.2%

19.3%

39.6%

41.0%

1.7% 7.5%

23.8%

4.8%

21.4%

37.7%

37.5%

33.5%

27.5%

32.9%

FY16

FY17

FY18

FY19

Q1FY20

TL (Bank)

TL (Others)

NCD

ECB

Securitization/Assignment

Top 10 Funders

NABARD

State Bank of India

IDFC First Bank Limited

Bandhan Bank Limited

HSBC

FMO Netherlands

SIDBI

Axis Bank Ltd

MAS Financial Services Ltd

Blue Orchard Microfinance Fund

Total of Top 10 Lenders

% Share as on 30 Jun’19

17%

15%

64%

… insulated from Capital Market Turbulence

Product-wise Jun’19

Product-wise Mar’19

56%

26%

16%

54%

26%

18%

Term Loan

NCD

Buyout

Commercial paper

ECB

Term Loan

NCD

Buyout

Commercial paper

ECB

 No dependence on funding from commercial papers  NCDs are primarily subscribed by overseas investors (FPIs)  ~58% of borrowings are on fixed rates

… insulated from Capital Market Turbulence

Lender-wise Jun’19

Lender-wise Mar’19

12%

13%

20%

10%

57%

17%

12%

57%

Banks

NBFC

Domestic Financial Institution

Overseas Fund

Domestic Fund

Banks

NBFC

Domestic Financial Institution

Overseas Fund

Domestic Fund

 No dependence on funding from commercial papers

… and further supported by Strong Capitalization

Healthy CRAR to support Growth Opportunities

Tie-up with bank and renewed interest of banks for Direct Assignment are reducing the requirement of capital for growth

  Conversion of OCCRPS worth Rs. 45 crore by IndusInd Bank and warrants worth Rs. 60 crore by Promoter led to increase in capital

28.49%

30.52%

21.18%

FY18

FY19

Q1FY20

… besides Ample Liquidity

Strong Liquidity Position to Sustain Growth Amount raised in last 7 days of Jun’19: Rs. 518 crore

Benefit of positive ALM continues

21.5

22.3

22.1

22.8

1,786

1,639

18.4

1,108

710

787

8.4

8.5

11.7

9.0

9.7

FY16

FY17

FY18

FY19

Q1FY20

FY16

FY17

FY18

FY19

Q1FY20

Liquidity (Rs. crore)

Avg. maturity of Assets

Avg. maturity of Liabilities

… and a Structurally Positive ALM

Static ALM as on 30 Jun’19

Jul-19

Aug-19

Sep-19

Oct-19

Nov-19

Dec-19

Total

Amount (Rs. crore)

Inflows

Liquidity at the beginning of month*

1,786

1,747

1,862

1,918

2,077

2,235

Principal - Loan portfolio

Interest - Loan portfolio

Total (A)

Outflows

Principal repayments

Interest repayments

Total (B)

Cumulative Mismatch (A-B)

316

306

286

306

275

273

2,177

2,118

2,206

2,281

2,399

2,553

396

430

177

257

253

287

174

204

134

164

215

259

1,747

1,862

1,918

2,077

2,235

2,294

*Excluding margin money deposits Rs. 281 Crores lien with lenders and undrawn sanction in hand Rs.1,412 crores

1,786

1,762

347

3,895

1,350

251

1,601

2,294

… resulting in Growth while Focusing on Quality

Average monthly disbursement in (Rs. crore)

602

444

383

397

422

419

446

771

658

FY18

FY19

FY20

Data on standalone basis

Key Standalone Financials

Gross Income (Rs. crore)

1,373

977

Cost to Income Ratio (%)

52.7%

59.5%

56.4%

61.6%

51.3%

309

330

333

Q1FY19

Q4FY19

Q1FY20

FY18

FY19

Q1FY19

Q4FY19

Q1FY20

FY18

FY19

NII and PAT (Rs. crore)

Opex to GLP (%)

734

7.1%

NII

PAT

156

179

182

445

195

6.3%

6.4%

6.3%

6.6%

Q1FY19

Q4FY19

Q1FY20

FY18

FY19

Q1 FY19

Q4 FY19

Q1 FY20

FY18

FY19

Key Operation Metrics – (1/2)

Districts, States and Branches

Employees & Loan Officers

431

767

215

235

995

302

1,163

1,2281

340

350

FY16

FY17 Districts

FY18

States

FY19

Q1FY20

Branches

6,382

9,004 1,344

7,653

4,481

6,910 1,109

5,801

6,926

11,831

1,325

7,0232

11,0853

1,342

10,419

9,555

FY17

FY18

FY19

Q1FY20

Satin Employees

TFSL Employees

Loan Officers

2,684

3,918

FY16

Clients (lacs)

Gross Loan Portfolio (Rs. crore)

26.5

3.5

28.2 4.1

18.5

22.9

24.0

35.5 3.9

36.0

3.8

31.5

32.3

7,068

604

7,1393

542

6,374

6,467

5,757

670

5,085

4,067

450

3,617

3,271

FY16

FY17

FY18

FY19

Q1FY20

FY16

FY17

FY18

FY19

Q1FY20

Note: (1) Data on Consolidated basis - On a standalone basis, the number of branches were 1,024 ; (2) Data on a consolidated basis - On a standalone basis the number of loan officers were 5,992 ; (3) Consolidated figures includes Satin Housing Finance Limited and Satin Finserv Ltd.

Key Operation Metrics – (2/2)

Steady growth seen in disbursement

Disbursement1 (Rs. crore) & No. of Loans1 (‘000)

Satin JLG loans - Average Ticket Size (Rs.)

2,339

1,816

5,572

6,252

1,689

1,566

3,606

3,594

633

1,806

30,000

28,000

26,000

24,000

23,000

FY16

FY17

FY18

FY19

Q1FY20

FY16

FY17

FY18

FY19

Q1FY20

No. of Loans

Note: 1)

Standalone basis

Business Correspondence with IndusInd Bank

Business Correspondent (BC) Partnership with IndusInd Bank

 Entered into BC partnership with IndusInd Bank in H2 FY18

 BC portfolio to total AUM has grown from 47 crore in Q1 FY19 to 647 crore in Q1 FY20

 Advantages from the agreement are on-tap funding, low capital requirement, contained cost of liquidity among others

Quarter-wise AUM (Rs. crore)

633

647

407

215

Q1 FY19

Q2 FY19

Q3 FY19

Q4 FY19

Q1FY20

Re-engineering Future with expanding scope through subsidiaries

Core operations (MFI Lending)

 Continued Focus on Portfolio Quality  Aim to achieve per state exposure to <20% by 2020  Increase penetration through existing branches and by establishing new branches  Scale up BC operations with IndusInd Bank  Diversify revenue sources by increasing share of cross-sell income  Credit scores for individuals and groups  Cashless collections to reach >50% of total collections by Mar’20  Psychometric analysis to be rolled out across branches  Digital lending app to be instrumental in future growth

Allied Businesses through wholly owned subsidiaries

MSME

Housing Finance

 Expand operations to new geographies –

Presently operating in Delhi NCR, Haryana, Punjab, MP and Maharashtra

 Focus on portfolio quality



Aspire to be a niche housing III finance player in tier II, and IV cities and towns Focus on portfolio quality

Business Correspondent  Entered into BC arrangement with a leading bank, will help in scaling operations

 Plan to broad base offerings besides

microfinance

Our Guidance

Guidance FY19

Actual FY19

Guidance FY20

260

201

165

On consolidated basis

PAT (Rs cr)

Annexure – Business Details – Consolidated

Particulars

AUM (Rs. crore)

On-Book AUM *

Securitization

Assignment

Business Correspondence

TFSL - Business Correspondence

SHFL - Housing Finance

SFL

AUM Mix (Rs. crore)

MFI Lending

Product Financing

MSME

Business Correspondence - IndusInd Bank

TFSL - Business Correspondence

SHFL - Housing Finance

SFL

No. of branches

SCNL

TFSL

SHFL

SFL

Q1 FY20

Q1 FY19

7,139

4,344

246

1,475

648

542

101

7,139

5,523

287

648

542

101

1,228

1,024

186

6,026

5,344

792

614

6,026

5,265

614

1,017

838

177

*includes securitization, differences due to rounding off

YoY%

18.5%

-18.7%

-68.9%

1,267.1%

-11.6%

745.2%

18.5%

4.9%

585.4%

232.8%

1,267.1%

-11.6%

745.2%

20.7%

22.2%

5.1%

200.0%

Q4 FY19

7,068

4,459

429

1,281

633

604

7,068

5,473

261

633

604

1,163

977

180

QoQ%

1.0%

-2.6%

-42.5%

15.2%

2.3%

-10.2%

27.4%

159.2%

1.0%

0.9%

36.0%

9.8%

2.3%

-10.2%

27.4%

159.2%

5.6%

4.8%

3.3%

20.0%

1,100.0%

Annexure – Business Details – Consolidated

Particulars

No. of Employees

SCNL

TFSL

SHFL

SFL

No. of Loan Officers

SCNL

TFSL

SHFL

SFL

No. of Active Clients

SCNL

TFSL

SHFL

SFL

Average Ticket Size

MFI Lending (SCNL)

Product Financing (SCNL)

MSME (SCNL)

TFSL

SHFL

SFL

Q1 FY20

11,085

9,555

1,342

106

7,023

5,992

935

3,604,373

3,226,519

376,746

829

279

28,000

3,722

4,950,000

28,600

1,386,000

622,896

Q1 FY19

9,368

7,951

1,377

6,024

5,089

929

3,002,567

2,582,232

420,244

29,000

4,643

1,180,000

25,800

1,249,000

YoY%

18.3%

20.2%

-2.5%

165.0%

16.6%

17.7%

0.6%

800.0%

20.0%

25.0%

-10.4%

811.0%

-3.4%

-19.8%

319.5%

10.9%

11.0%

Q4 FY19

11,831

10,419

1,325

6,959

5,991

922

3,547,128

3,149,607

396,887

630

26,000

3,666

4,000,000

28,400

1,453,000

28,700,000

QoQ%

-6.3%

-8.3%

1.3%

27.7%

1,950.0%

0.9%

0.0%

1.4%

17.4%

1.6%

2.4%

-5.1%

31.6%

7.7%

1.5%

36.0%

0.7%

-4.6%

-97.8%

Annexure – P&L Statement – Consolidated (Quarterly)

Particulars (Rs. crore)

Revenue

Interest and Fee Income

Net Gain On Derecognition of Financial Instruments

Treasury Income

Service Charges

Other Operating Income

Total Revenue

Expenses

Finance Cost

Employee Benefit Expenses

Credit Cost

Other Expenses

Depreciation and amortization expense

Total Expenses

Profit before tax

Tax expense

Profit after tax

Other comprehensive income net of taxes

Total comprehensive income

Q1 FY20

Q1 FY19

Q4 FY19

YoY%

QoQ %

249

353

153

289

291

328

154

286

239

350

153

-12

263

-14.5%

77.6%

76.6%

98.7%

7.8%

-1.0%

23.2%

-58.8%

32.4%

46.4%

0.8%

55.7%

70.1%

48.6%

79.2%

4.3%

-18.1%

-1.3%

10.0%

-14.6%

0.9%

-0.2%

2.9%

-223.6%

-10.5%

10.1%

9.7%

-25.7%

-22.0%

-27.6%

-39.5%

Annexure - Operational Details – Standalone (Quarterly)

Particulars

Gross AUM (Rs. crore)

No. of districts

No. of branches

No. of States of operation

No. of Employees

No. of Loan Officers

No. of Loan accounts

Disbursement during the period (Rs. crore)

No. of loans disbursed during the period

Particulars

MFI Lending (excl. Prod. Financing & MSME)

Gross AUM (Rs. crore)

No. of branches

No. of Employees

No. of Loan Accounts

Disbursement during the period (Rs. crore)

No. of loans disbursed during the period (crore)

Q1 FY20

6,467

350

1,024

9,555

5,992

3,781,085

1,806

632,825

Q1 FY19

5,400

307

838

7,951

5,089

2,634,174

1,333

463,644

Q4 FY19

6,374

340

977

10,419

5,991

3,604,646

2,314

857,224

Q1 FY20

Q1 FY19

Q4 FY19

6,171

1,018

9,502

3,745,964

1,759

632,730

5,313

833

7,878

2,629,930

1,314

460,662

6,106

971

10,298

3,572,524

2,171

841,191

YoY%

19.8%

14.0%

22.2%

20.2%

17.7%

43.5%

35.5%

36.5%

YoY%

16.2%

22.2%

20.6%

42.4%

33.9%

37.4%

QoQ %

1.5%

2.9%

4.8%

0.0%

-8.3%

0.0%

4.9%

-21.9%

-26.2%

QoQ %

1.1%

4.8%

-7.7%

4.9%

-19.0%

-24.8%

Annexure - Operational Details – Standalone (Quarterly)

Particulars

Productivity Metrics for MFI lending

Gross AUM/ Branch (Rs. crore)

Gross AUM/ Loan Officer (Rs. crore)

Disbursement/ Branch (Rs. crore)

Disbursement/ Loan Officer (Rs. crore)

No. of Clients/ Branch

No. of Clients/ Loan Officer

Average Ticket Size (Rs.)

Particulars

Product Financing

Gross AUM (Rs. crore)

No. of Loans Accounts

Disbursement during the period (Rs. crore)

No. of loans disbursed during the period

Ticket Size for the period (Rs.)

Particulars MSME(1)

Gross AUM (Rs. crore)

No. of branches

No. of employees

No. of Loans Accounts

Disbursement during the period (Rs. crore)

No. of loans disbursed during the period

Average Ticket size

Q1 FY20

Q1 FY19

Q4 FY19

6.3

1.0

1.7

0.3

3,135

533

28,000

Q1 FY20

8.9

33,363

7.7

20,784

3,722

Q1 FY20

286.8

1,758

6.4

1.0

1.6

0.3

3,095

507

29,000

Q1 FY19

1.3

3,174

1.3

2,832

4,643

Q1 FY19

1,070

150

6.3

1.0

2.2

0.4

3,211

520

26,000

Q4 FY19

6.5

30,374

5.7

15,657

3,666

Q4 FY19

261

121

1,748

137

376

4,950,000

1,180,000

4,000,000

1. Includes Loan Dost portfolio

YoY%

-2.5%

-1.3%

9.6%

13.7%

1.3%

5.1%

-3.4%

YoY%

585.4%

951.1%

488.3%

633.9%

-19.8%

YoY%

232.8%

17.2%

-27.4%

64.3%

165.7%

-36.7%

319.5%

QoQ %

-0.2%

1.0%

-22.7%

-19.0%

-2.4%

2.5%

7.7%

QoQ %

36.0%

9.8%

34.8%

32.7%

1.5%

QoQ %

9.8%

0.0%

-56.2%

0.6%

-65.7%

-74.7%

36.0%

Annexure - Financial Performance – Standalone

Particulars (Rs crore)

Gross yield (1)

Financial Cost Ratio(2)

Net Interest Margin(3)

Operating Expense ratio(4)

Loan Loss Ratio(5)

RoA(6)

RoE(8)

Leverage (Total Debt(7) / Total Net Worth)

Cost to Income Ratio

Asset Quality

GNPA %

ECL as % of AUM

Q1 FY20

Q1 FY19

20.74%

9.38%

11.36%

6.40%

0.91%

2.46%

13.50%

3.91

56.37%

Q1 FY20

2.8

1.6

23.61%

11.70%

11.91%

6.28%

2.73%

1.53%

10.74%

5.89

52.73%

Q1 FY19

3.9

3.5

Q4 FY19

22.07%

10.10%

11.98%

7.12%

-0.81%

3.30%

19.97%

4.55

59.46%

Q4 FY19

2.9

1.6

1. 2. 3. 4. 5. 6. 7. 8.

Gross Yield represents the ratio of total Income in the relevant period to the average AUM Financial Cost Ratio represents the ratio of interest Expense in the relevant period to the Average AUM Net Interest Margin represents the difference between the Gross Yield and the Financial Cost Ratio Operating Expenses Ratio represents the ratio of the Operating Expenses (expenses including depreciation but excluding Credit Cost and interest Expense) to the Average AUM Loan Loss Ratio represents the ratio of credit cost to the Average AUM RoA is annualized and represents ratio of PAT to the Average Total Assets Total Debt includes Securitization and preference shares considered as debt in accordance of IndAS RoE is annualized and represents PAT(Post Preference Dividend) to the average equity (i.e, net worth excluding preference share capital)

FY19

23.97%

11.15%

12.81%

6.57%

0.91%

3.01%

19.08%

4.55

51.27%

FY19

2.9

1.6

Annexure - P&L Statement– Standalone (Quarterly)

Particulars (Rs crore)

Revenue

Interest and Fee Income

Net Gain On Derecognition of Financial Instruments

Treasury Income

Service Charges

Other Operating Income

Total Revenue

Expenses

Finance Cost

Employee Benefit Expenses

Credit Cost

Other Expenses

Depreciation and amortization expense

Total Expenses

Profit before tax

Tax expense

Profit after tax

Other comprehensive income net of taxes

Total comprehensive income

Q1 FY20

Q1 FY19

Q4 FY19

YoY%

QoQ %

245

333

151

268

291

309

153

271

237

330

151

-12

245

-15.8%

75.1%

143.1%

7.6%

-1.8%

22.3%

-59.3%

30.2%

44.8%

-1.3%

71.2%

82.9%

65.1%

96.2%

3.5%

-18.1%

-3.2%

21.5%

36.2%

0.9%

-0.3%

-220.4%

-11.9%

2.1%

9.2%

-23.3%

-19.4%

-25.4%

-66.6%

-38.3%

Annexure - Operational Details – TFSL

Particulars

Gross AUM (Rs. crore)

Disbursement during the period (Rs. crore)

No. of loans disbursed during the period

No. of Active Customers

No. of Employees

No. of Loan Officers

No. of States of operation

No. of districts

No. of branches

No. of Regional Offices (RO)

Productivity Metrics

Gross AUM/ Branch (Rs. crore)

Gross AUM/ Loan Officer (Rs. crore)

Disbursement/ Branch (Rs. crore)

Disbursement/ Employee (Rs. crore)

No. of Clients/ Branch

No. of Clients/ Loan Officer

Average Ticket size (Rs.)

Q1 FY20

542

108

37,658

376,746

1,342

935

186

2.9

0.6

0.1

2,026

403

28,600

Q1 FY19

614

112

43,108

420,244

1,377

929

102

177

3.5

0.7

0.6

0.1

2,374

452

25,800

YoY%

-11.6%

-3.4%

-12.6%

-10.4%

-2.5%

0.6%

0.0%

-8.8%

5.1%

28.6%

-15.9%

-12.2%

-8.1%

-0.9%

-14.7%

-10.9%

10.9%

Q4 FY19

604

206

72,115

396,887

1,325

922

180

3.4

0.7

1.1

0.2

2,205

430

28,400

QoQ%

-10.2%

-47.5%

-47.8%

-5.1%

1.3%

1.4%

0.0%

2.2%

3.3%

12.5%

-13.1%

-11.5%

-49.2%

-48.2%

-8.1%

-6.4%

0.7%

Annexure - P&L Statement – TFSL

Particulars (Rs crore)

Q1 FY20

Q1 FY19

Q4 FY19

Revenue

Total Revenue

Expenses

Finance Cost

Employee Benefit Expenses

Credit Cost

Other Expenses

Depreciation and amortization expense

Total Expenses

Profit before tax

Tax expense

Profit after tax

Other comprehensive income net of taxes

Total comprehensive income

16.2

0.5

9.9

2.0

2.1

0.4

15.0

1.2

0.4

0.8

17.8

0.5

9.4

0.3

2.8

0.3

13.3

4.5

1.1

3.4

16.4

1.1

8.7

2.0

2.3

0.1

14.2

2.2

1.0

1.2

-0.2

1.0

YoY%

-9.3%

-8.6%

5.8%

547.8%

-23.5%

30.3%

12.3%

-73.0%

-64.2%

-75.9%

QoQ %

-1.1%

-54.8%

14.5%

-0.6%

-6.4%

161.5%

5.2%

-43.0%

-58.1%

-30.8%

-18.0%

Annexure - Operational Details – SHFL

Particulars

Gross AUM (Rs. crore)

Average Ticket Size (Rs)

Disbursement (Rs. crore)

CRAR (%)

No. of Branches

No. of States

No. of Total Staff

No. of Loan Officers

Q1 FY20

101

1,386,000

126.6

106

Q1 FY19

1,249,000

108.6

YoY%

745.2%

11.0%

99.5%

16.6%

200.0%

33.3%

165.0%

800.0%

Q4 FY19

1,453,000

111.1

QoQ%

27.4%

-4.6%

-29.9%

14.0%

20.0%

0.0%

27.7%

17.4%

Annexure - Financial Details– SHFL

Particulars (Rs crore)

Revenue

Interest and Fee Income

Treasury Income

Other income

Total Revenue

Expenses

Finance cost

Employee benefit expenses

Credit Cost

Other expenses

Depreciation and amortization expenses

Total Expenses

Profit before tax

Tax expense

Profit after tax

Other comprehensive income

Total comprehensive income

Q1 FY20

Q1 FY19

Q4 FY19

YoY%

3.2

0.3

0.2

3.7

1.4

2.1

0.1

0.8

0.1

4.5

(0.8)

(0.2)

(0.6)

0.2

0.0

0.4

0.9

0.7

1.6

(1.2)

(0.2)

(1.0)

2.2

0.4

1.0

3.6

0.8

1.6

0.1

0.8

3.4

0.2

0.1

0.2

1,222.9%

77.5%

776.5%

142.9%

135.5%

16.5%

1,108.5%

182.3%

-31.9%

-3.5%

-38.3%

-39.9%

QoQ %

44.4%

-21.3%

-84.2%

2.5%

77.4%

31.6%

-29.2%

-1.7%

117.8%

33.2%

-442.7%

-349.0%

-495.6%

-469.1%

Annexure - Financial & Operational Details – SFL

Particulars

Gross AUM (Rs. crore)

Average Ticket Size (Rs)

Disbursement (Rs. crore)

No. of Loan Disbursed

No. of Branches

No. of States

No. of Total Staff

Q1FY20

622,900

19.2

279

Particulars (Rs crore)

Revenue

Interest and Fee Income

Treasury Income

Other income

Total Revenue

Expenses

Finance cost

Employee benefit expenses

Credit Cost

Other expenses

Depreciation and amortization expenses

Total Expenses

Profit before tax

Tax expense (DTA)

Profit after tax

Other comprehensive income

Total comprehensive income

Q1 FY20

1.11

0.04

0.02

1.17

0.21

1.12

0.07

0.86

2.27

(1.10)

(0.29)

(0.80)

Industry Performance

12,277 (+32% Y-o-Y)

1 Lakh (+34% Y-o-Y)

3.17 crore (+32% Y-o-Y)

Branch Network

Employee Base

Total Clients

3.88 crore (+46% Y-o-Y)

Rs. 25,543 (+13% Y-o-Y)

Rs. 68,207 crore (+47% Y-o-Y)

Total Loan Accounts

Average Ticket Size

Assets Under Management (AUM)

Off Balance Sheet Balance Sheet

30,013

5,464

24,650

46,546

9,087

37,459

68,207 21,584

46,623

31-Mar-17

31-Mar-18

31-Dec-18

Loan Portfolio (Rs. crore)

Source: MFIN Micrometer March 2019, Data is for Microfinance companies

Rural Urban

27%

73%

Agriculture / Allied Non Agriculture Household Finance

40%

57%

Breakup of GLP geography (31st Mar 2019)

Breakup of GLP purpose (31st Mar 2019)

Industry Growth Drivers

Government focus on digitisation

Massive growth potential of MSME and BC sectors

Healthy growth in affordable housing finance segment

Increased penetration of technology in rural areas

Large unmet demand in the industry

COMPANY BACKGROUND

Key milestones: Crossed the USD 1 billion AUM mark

Business Timeline

2015

2016

2017

2018

2019

Listing on NSE, BSE and CSE(2);

Received top MFI grading of MFI 1

Started MSME Lending in FY17; Acquired TFSL in Sep’16

Reaches 27.1 lacs active clients and AUM of Rs.4,882 crore by Dec’17

SHFL commenced lending in Feb18; BC agreement with IndusInd Bank, reached AUM of Rs 5,757 crore by Mar’18

Received NBFC license for Satin Finserv Ltd for MSME business; reached AUM of 1 Bn USD; TFSL became wholly owned subsidiary

2014

2013

2012

2011

2010

Reaches 8 lacs active clients and AUM of Rs.1,056 crore as on Mar’14;

Reaches 4.9 lacs active clients & AUM of ~Rs. 580 crore as on Mar’13; Converts to NBFC- MFI in Nov’13; Received ‘MFI 2+’rating by CARE

Starts SHG bank linkage program in Rewa, MP; Receives 83% in microfinance COCA audit

Receives MIX Social Performance Reporting Award at Silver level

Reaches 1.7 lacs active clients and gross AUM of Rs.169 crore as on Mar’10

1990

1996

1998

2008

2009

Date of inception of Satin- October 16, 1990

IPO and listing on DSE, JSE and LSE(1)

Registers as NBFC with the RBI

Started JLG Model in May 2008

JLG business shows strong asset quality and large potential to scale up

Note: 1. Regional Stock Exchanges (DSE – Delhi Stock Exchange, JSE – Jaipur Stock Exchange, LSE- Ludhiana Stock Exchange); (2) BSE - BSE Limited, NSE - National Stock Exchange of India Limited, CSE - The Calcutta Stock Exchange Limited

Key milestones: Crossed the USD 1 billion AUM mark

Fund Raising Timeline

2015

2016

2017

2018

2019

 Raised Rs.41.5 crore from SBI FMO(3) (including warrants); Rs.37.9 crore infused by Promoter Group

 Raised Rs.250 crore via QIP in Oct’16; Exit of DMP in Jul'16 and ShoreCap in Aug’16

 In Apr’17, raised $10 mn from ADB(4) ; Investment of Rs.35 crore by IDFC First Bank (then Capital First); Raised Rs.150 crore via QIP in Oct’17

 Pref. Allotment:

 Exit of MV Mauritius

Equity funding by NMI (Rs. 20 crore), and Kora Cap (Rs.80 crore); Promoter invested via FCW (Rs 60 crore), IndusInd invested Rs.45 crore via OCCRPS

2013

2012

2011

2010

2009

2008

 Raised Rs.30 crore

 Raised floating rate

from DMP, ShoreCap and MV Mauritius Ltd; Rs.11 crore infused by Promoter Group; Exit of Lok Capital

long term unsecured Tier II debt in Jul’14; Raised Rs.28.4 crore of equity from NMI and $10 mn of debt from World Business Capital as ECB

 Raised Rs.18 crore from Danish Micro Finance Partners K/S (DMP) in Feb’11

 Raised Rs. 2.5 crore from Lok Capital in Nov’10 and Rs. 21.8 crore from ShoreCap II in Dec’10; Rs. 7.7 crore infused by Promoter Group

 Raised Rs. 1.9 crore from Lok Capital

 First private equity

investment

 Raised Rs. 4.87 crore from Lok Capital; Rs. 1 crore infused by Promoter Group

Note: (3) SBI FMO Emerging Asia Financial Sector Fund Pte. Limited; (4) ADB – Asian Development Bank

Management Team (1/2)

Mr. HP Singh Chairman and Managing Director

• Has over 3 decades of experience in Financial

Services

• Law graduate and a fellow of the Institute of

Chartered Accountants of India since 1984

• First generation entrepreneur who founded and

led Satin to its present status

Mr. Dev Verma Chief Operating Officer

• 22+ years of experience in various industries

• Worked with National Panasonic India Ltd, Citi Financial Consumer Finance India Ltd, Max Life Insurance and SKS Microfinance prior to joining SCNL

Mr. Jugal Kataria Chief Financial Officer

• Cost Accountant, Chartered Accountant and Company Secretary along with 28+ years of experience in the field of accounts, finance, audit, taxation and compliance etc.

• Worked with Apollo Tyres Limited, Berger Paints

(India) Limited before joining SCNL in 2000

Mr. Sanjay Mahajan Chief Information Officer

• Experience of 28+ years in Information Technology

across the Globe

• Previously worked with Bata International Group , Yum Restaurants, Procter & Gamble for India & Singapore, Gillete India Ltd. and Eicher Tractors Limited

8/8/2019

SATIN CREDITCARE NETWORK LIMITED Reaching out!

Management Team (2/2)

Mr. Subir Roy Chowdhury Chief Human Resource Officer

• Experience of 22+ years in HR functions

• Previously worked with Magma Fincorp,

ICICI Securities Ltd, ICICI Prudential Life Insurance Company Ltd, Magma Leasing Ltd, Wacker Metroark Chemicals Ltd. and Kotak Securities.

Mr. Partho Sengupta Chief Process & Risk Officer

• Experience of 23+ years

• Previously worked with Alpic Finance, HDFC Bank, ICICI Bank, Barclays Bank PLC, Bharath Matrimony and Jana Small Finance Bank

• Alumina of IIM Ahmedabad, ICWAI, PG In Taxation

Laws from Punjab University Chandigarh.

Mr. Amit Sharma WTD & CEO Satin Housing Finance Limited

Mr. Sanjeev Vij WTD & CEO Taraashna Financial Services Limited

Mr. Sumit Mukherjee WTD & CEO Satin Finserv Limited

• 18+ years of experience; previously worked at Karvy, Religare Group, P.N.Vijay Financial Services, Abhipra Capital, Association of National Exchange Members of India

• 30+ years of experience having previously worked at Tata Motor Finance Sols., Bajaj Finance, RBS, Citicorp Finance India Limited, Alpic Finance, 20th Century Finance etc.

 Experience of 26+ years in the NBFC space, primarily in Sales and Business, with a versatile experience in Collections, Credit, Risk & Product Management

• CS from ICSI, B.Com (Hons) and LLB from Delhi University, DIFC

• Rank holder Chartered Accountant, Bachelor of Commerce and

(Dubai) Certification

Master of Commerce degrees from University of Delhi

 Previously worked with Magma Fincorp, CITI Fincorp, Ashok

Leyland Finance, Barota Finance and Neo growth

8/8/2019

SATIN CREDITCARE NETWORK LIMITED Reaching out!

Differentiated Investment Choice...

Investor confidence   

7 rounds of equity capital raised with marquee investors Profitable exit to 4 investors QIP: Rs. 250 crore from marquee institutions in Oct 2016,

Rs. 150 crore from large domestic MFs in Oct 2017

Promoter Commitment 

Promoter stake quite high among MFIs, having invested at regular intervals at par with incoming PE Adequate board representation – 3 Nominee Directors representing the Investors



Marquee Shareholder Base As on June 30, 2019

15.32%

18.69%

13.31%

2.58%

29.70%

6.47%

6.37%

2.97%

4.59%

Key Shareholders

Promoter NMI SBI-FMO Kora Cap ADB IndusInd FPIs MFs Others

Key Market Statistics

Particulars

BV Sep’18

BV Dec’18

BV Mar’19

BV Jun’19

CMP (as on 2nd Aug’19)

Book value is on consolidated basis

Value (Rs.)

205.79

218.62

235.22

249.57

266.30

Mutual Funds  DSP  Aditya Birla  UTI

Foreign Portfolio Investor  Morgan Stanley  Government Pension Fund Global  Massachusetts Institute of Technology

Financial Institutions  IDFC First Bank Ltd  IndusInd Bank Ltd

Foreign Bank  Asian Development Bank

Our Subsidiaries

Expanding scope of business through subsidiaries

SATIN CREDITCARE NETWORK LIMITED

Taraashna Financial Services Ltd (TFSL)

Satin Housing Finance Ltd (SHFL)

Satin Finserv Limited (SFL)



Subsidiaries are also rooted in the same values as pursued by Satin

Taraashna Financial Services Ltd (TFSL)

 Acting as a business correspondent for Banks & NBFCs, TFSL provides credit and other related facilities to clients in rural and semi-urban

areas



‘Digitization and Cashless’ focus has helped in achieving superior operational control down to the last business unit, thus increasing the efficiencies

The cashless disbursement percentage has reached almost 90% of TFSL’s total disbursement for Jun’19

TFSL has a low risk business model which is highly capital efficient and yields elevated RoEs

 AUM stood at Rs. 542 crore, with presence across 8 states



TFSL’s board has applied to RBI for NBFC license, to explore opportunities in co-lending space, and other financial products not offered within the group

186

No. of Branches

3,76,746

No. of Active Loan Clients

37,658

No. of Loans Disbursed in Q1 FY20

Satin Housing Finance Ltd (SHFL)



Engaged in providing long-term finance

 

Home loans for retail segment – 88% of business for FY19 Loans against residential property

 Boasts of excellent portfolio quality with NIL delinquency since inception

 Mainly caters to customers belonging to the Middle and Low Income Groups in peripherals of Tier II and below cities



The company successfully channelized subsidy from NHB under the Pradhan Mantri Awas Yojna (PMAY) scheme to the eligible customers

 BBB+ (SO) Stable rating from CARE

 Building a technological framework to enable a paperless environment



Equity infusion of Rs 30 crore by holding company during Q1FY20

 Refinancing facility of Rs. 5 crore from NHB in Aug’19

<60%

Average LTV (of total portfolio)

Rs. 24 crore

Disbursements in Q1 FY20

Rs. 101 crore

AUM

829

No. of customers

No. of states

Satin Finserv Limited (SFL)



Incorporated in Aug’18

 Got license from RBI to start the business in Jan’19



First loan successfully disbursed in Mar’19

 Gross Loan Portfolio of Rs. 30 crore in Q1FY20

 CRAR for Q1FY20 is 69.30%

 Business will focus on secured retail MSME lending, wholesale lending to small NBFC MFI and others

No. of Branches

279

No. of Active Loan Clients

No. of States

Making a Difference to the Community

Health Check-up Camps We regularly organise health check-up camps along with campaigns focusing on health and hygiene

On an average, around 300-350 villagers attended each of these camps

Flood Relief Camps Organised relief activities and distribution of ration to flood-hit villages in Orissa, Assam and Bihar during the monsoons

Support the Maharaja Agrasen Hospital Charitable Trust (MAHCT)

During FY19, the Company contributed ~Rs. 86 lacs to the Trust for setting up of Maharaja Agrasen Medical University at Bahadurgarh (Jhajjar, Haryana)

Women Leadership Empowerment Workshops During FY19, we joined hands with Nordic Microfinance Initiative (NMI) to organise eight ‘Women Leadership Empowerment Workshops’

Awards and Accolades

 Mr. HP Singh, CMD, was conferred the ‘Golden Globe Tiger Awards’ at an awards ceremony in Malaysia  Mr. HP Singh received the ‘Exemplary Leader’ Award  Mr. Dev Verma, Chief Operating Officer, was presented the ‘Leader of the Year’ Award  ‘Digital Innovation in Microfinance’ Award in 4th Eastern India Microfinance Summit

July 2019

Got 1st Prize in Customer Service Index by MFIN

September 2018

Won “Rural Champions of The Year” Award by ET Edge

November 2018 Won the “Excellence Award” by B2B Info Media

November 2018

Got sA social rating from Microfinanza

December 2018 Won the “SKOCH Award” for Digital Transformation

January 2019

Received “C1" grade in Code of Conduct Assessment from ICRA

July 2019

Moved up in “Fortune The Next 500”

Contact information

Company (Investors) :

Ms. Aditi Singh Head – Capital Markets & Investor Relations

E: aditi.singh@satincreditcare.com T: +91 124 4715 400 (Ext – 222)

www.satincreditcare.com

Company (Media) :

Ms. Asleen Kaur PR & Corporate Communications

E: asleen.kaur@satincreditcare.com T: +91 124 4715 400 (Ext – 224)

www.satincreditcare.com

Thank You

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