Choice International Limited
4,999words
10turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
26%
25%
263%
Rs. 336
234%
Rs. 4,864
433%
174%
Rs.512
45%
Rs.468
Guidance — 3 items
Integrations
opening
“of Clients (000) Key Services Mutual Fund Distribution = | Financial Planning @ f“' \9 Research and Analysis [:] Bond Distribution —{4 Choice International Ltd Insurance - Industry Overview I Insurance Density (USS) I Choice The Joy of Earning ® Premium per capita - India = World Average Long Term Goal 8565 874 Medium Term Goal 7 77 I3 I I I I 78 74 9l 60 FYI7 FYIB FYI9 FY20 FY2I FY22 et jorld 5021 Avg o 2021 .”
Integrations
opening
“Bn) I Long Term Goal o 12% 135% 8.6% 7% Medium Term Goal 42% l 9% .”
Integrations
opening
“We will be one of the few insurance brokers in the industry having an in-house portal.”
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Risks & concerns — 4 flagged
; : ] 1 H / 4 | % % i : % 17% ] 2023 2009 2010} 2011 2012 e N b GGG R D) S——RERSANGEE (H7) Growth Prospects for NBFCs - Digital Transformation - Schemes by Government - Regulatory Framework - Wider & Effective reach - Robust Risk Management - Innovative Products Source: Boston Consulfing Group : NBFC Empowering MSMEs through retail lending tailored specifically for the dynamic semi-urban and rural landscapes Choice The Joy of Earning I Total Loan Book I I Retail Loan Book Rs.
— Integrations
2,680 Mn Digital 10 100% riority Sector Lending (PSL) in Retail PN Documentation Our Offerings 2 MSME ‘ Business Loan & Commercial Vehicle Finance @ 4 Supply Chain Finance % £8 Solar Finance Low-cost client sourcing through multiple channels Tech-driven Credit Assessment Key Competencies First preference for MSME Lending Parallel Risk Team for fraud prevention On time collections In-House Collection Team © Choice International Ltd.
— Integrations
States Branches Abbreviations « AUM - Asset Under Management - GNPA - Gross Net Performing Assets - PCR - Provision Coverage Ratio « CRAR - Capital Risk Adequacy Ratio - Coll.
— Integrations
Shobang Mal Jain Independent Independent Independent Independer Director Independent Director Investment Committee Finance Committee Securifies Committee CSR Committee Audit Committee Stakeholder Relationship Committee Nomination & Remuneration Committee Rights lssue Committee Risk Management Committee © Choice International Ltd.
— State Govt.
Speaking time
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Opening remarks
Excludes
- Unallocable revenue: Q2 FY24 - 43, Q3 FY24 - 44 - Inter segment revenue elimination : Q2 FY24 - 120, Q3 FY24 - 41
Excludes
- Other Unallocable expenditure net off Unallocable income: 17 m Broking Services = Advisory Services m NBFC Services Choi ternational Ltd Choice The Joy of Earning Stock Broking - Industry Overview I ADTO (Rs. Lacs Crores) Q3FY24 Q2FY24 QIFY24 FY23 FY22 Fy21 I 383 Growing Industry ADTO with increasing share from semi-urban geographies and steady growth of retail participation Tightened regulations " Beneficial for Choice, being industry leader with: Higher Compliance Costs fizfii‘::: Consolidation - Enhanced Revenue Streams through - Technology at core for increased operational diversification : i+ Cross Sale Capability © -+ Low Acquisition Cost '« Focused on Tier 3 & below geographies efficiency - Focus on Value Added Services like Wealth Management, Research, Advisory and Financial Planning to maximize Customer Engagement - Physical presence on ground Moderation in client accretion e eeeiaaeeiiaeiiaaeiiaeeiaaas o « Potential Inorganic Growth b K Source: Multiple Research Papers : Stoc
User Behavior-Driven Client Engagement
..... B3 Ittt o We focused on enhancing client engagement through user behavior analysis. Leveraging insights, we have seen success in upselling other products to our clients.
Scalability Enhancement
We achieved major scalability improvements by transitioning from a monolithic architecture to a icroservices- based architecture. Additionally, we migrated our backend API architecture from a DLL framework to a cloud- based framework, enhancing system performance and reliability. Implementing an auto-scalable architecture allowed us to increase our system'’s load capability from 5x to 10x, ensuring seamless service even during peak usage times. UPCOMING
ENHANCEMENTS
Margin Trading Facility (MTF) Orders Advance Orders - Bracket Orders, GTT, Cover Orders and Icebergs Choice The Joy of Earning 46 Million+ API requests served per day 5% 4 Hrs 7 Mins Avg. daily user engagement on app 1.9 Lakhs+ App Downloads - A Figures indicate QoQ change Choice International Ltd Tech Insights Seamless collaborations, Cutting-edge features Choice The Joy of Earning | Front End | ) | Middle Layer (Custom Interface Layer) | ) | Back End Systems |
Integrations
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