Q1FY10 ppt final - India market share on the NSE stood at 3.63% compared to 3.53% in the previous quarter Average daily ... Margin Funding LAS/Debenture

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  • ResultsforQuarterendingJune30th,2009Q g ,July17,2009

  • Presentation structure

    Performancehighlights

    Businessreview

    Corporate overviewCorporateoverview

    Businessstrategy

    Industry

    2Unlessotherwisementioned,factsandfiguresinthispresentationrefertothosefortheIndiaInfoline group(consolidated)

  • Performancehighlights Q1FY10Overall financial performanceOverallfinancialperformance

    QuarterlyIncomeatRs2.57bnup37%qoqEBIDTAmarginforthequarterwas37.4%,ascomparedto30.3%inthepreviousquarterPBTandPATwereatRs816.9mn,andRs516.8mn,up180%qoq and104%qoq respectively

    EquitiesOverallmarketshareontheNSEstoodat3.63%comparedto3.53%inthepreviousquarterAveragedailyvolumesstoodatRs32.25bn ascomparedtoRs19.16bn inQ4FY09,anincreaseof68%qoqStrategicagreementwithInteractiveBrokersLLCwillprovideIndiaInfolineclientsaccessto80exchangesacross 18 countriesacross18countries

    LifeInsuranceCommencedbusinessforseveralinsurancecompaniesincludingMaxNewYorkLifeInsurance,MetLife,RelianceLifeInsurance,BirlaSunlife andKotak LifeInsurance,AnnualizedPremiumIncomemobilizedstoodatRs.38.40croresWhiletheoutlookofthebusinesswillremainlinkedwiththeindustryfortune,thecompanyspositionasabrokerwillimproveovernextfewquarters

    Credit and FinanceCreditandFinanceRecommencedMortgagebusinessinJune2009giveneasingofcreditmarketsBooksizeRs9.22bnattheendofJune2009

    WealthManagement

    3

    AssetsundermanagementcrossedRs20bnIncreasedthebaseforfamiliesunderadvisoryAppliedtotheFSAinUnitedKingdomforlicence

  • Performanceinpictures Q1FY10Performancereview

    Revenues(RsMn) EBITDA(RsMn)

    26,904.5 27,667.8

    23,039.6

    25,633.925,000

    30,000

    9,982.6

    8,790.79,581.210,000

    12,000

    18,696.7

    10 000

    15,000

    20,000

    ,

    6,088.8

    4,364.6

    4 000

    6,000

    8,000

    -

    5,000

    10,000

    Q1FY09 Q2FY09 Q3FY09 Q4FY09 Q1FY10

    -

    2,000

    4,000

    Q1FY09 Q2FY09 Q3FY09 Q4FY09 Q1FY10

    EBITDAmargin(%)PBT(RsMn)

    7,770.3

    6,733.8

    8,168.6

    7,000

    8,000

    9,000 37%

    32%

    37%

    30%

    40%

    4,535.5

    2,909.33,000

    4,000

    5,000

    6,000 26%

    23%

    20%

    30%

    4

    -

    1,000

    2,000

    Q1FY09 Q2FY09 Q3FY09 Q4FY09 Q1FY10

    0%

    10%

    Q1FY09 Q2FY09 Q3FY09 Q4FY09 Q1FY10

  • Financialhighlights Q1FY10Rs Mn Q1FY10 Q1FY09 Q4FY09 YY QQRsMn Q1FY10 Q1FY09 Q4FY09 YY QQ

    Incomefromoperations 2,562.6 2,684.0 1,867.1 4.5% 37.3%Equitiesbrokerage&related 1,768.0 1,584.9 1,152.6 11.5% 53.4%FinancingandInvestment 488.8 649.8 345.2 24.8% 41.6%M k ti d li di 96 1 175 8 169 3 45 3% 43 2%Marketingandonlinemedia 96.1 175.8 169.3 45.3% 43.2%LifeInsurancedistribution 83.7 155.6 89.3 46.2% 6.2%Commoditiesbrokerage&related 66.0 49.9 55.0 32.2% 19.9%WealthandMutualfundadvisory 50.9 63.5 55.4 19.8% 8.1%MerchantBanking 9.0 4.4 0.3 103.3% 2982.2%Otherincome 0.8 6.5 2.6 87.1% 68.2%TotalIncome 2,563.4 2,690.5 1,869.7 4.7% 37.1%

    A.Directcost 567.1 561.9 384.3 0.9% 47.6%B.Employeecost 642.8 626.2 632.6 2.7% 1.6%p yC.Administrationexpenses 395.4 504.1 416.3 21.6% 5.0%

    EBITDA 958.1 998.3 436.5 4.0% 119.5%Interest 7.2 136.2 22.8 94.7% 68.6%Depreciation & amortisation 134 1 85 0 122 7 57 7% 9 3%Depreciation&amortisation 134.1 85.0 122.7 57.7% 9.3%

    Profit/(Loss)beforetax 816.9 777.0 290.9 5.1% 180.8%

    Provisionfortaxation 269.7 243.1 31.2 11.0% 765.8%P fit/(L ) ft t ft t di 547 1 534 0 259 8 2 5% 110 6%Profit/(Loss)aftertaxafterextraordinary 547.1 534.0 259.8 2.5% 110.6%MinorityInterest 30.4 38.6 6.9 339.3%

    Profit/(Loss)AfterTax 516.8 495.4 252.9 4.3% 104.4%

  • Presentationstructure

    Performancehighlights

    Businessreview

    Corporate overviewCorporateoverview

    Businessstrategy

    Industry

    6Unlessotherwisementioned,factsandfiguresinthispresentationrefertothosefortheIndiaInfolinegroup(consolidated)

  • Market share on NSE at 3 63% in Q1FY10 as

    RetailequitiesPerformancereview

    MarketshareonNSEat3.63%inQ1FY10ascomparedto3.53%inthepreviousquarter

    Averagedailyturnoverup68%yoy toRs32.25bninQ1FY10ascomparedtoRs19.16bn intheprevious

    t

    Retailcustomerbaseforequitybroking

    596,056

    676,107700,000

    800,000 Numberofclients

    quarter

    Retailcustomerbasehasincreasedby36%yoy to0.67mn inQ1FY10

    TieupwithInteractivebrokerswillprovideclients

    438,864

    300,000

    400,000

    500,000

    600,000

    accessto80exchangesin18countries

    5,500

    75,000

    150,000

    0

    100,000

    200,000

    FY05 FY06 FY07 FY08 FY09 Q1FY10

    IILmarketshareEquitiesbroking(Cash&FAO)

    EquitiesBrokerageRsMn (LHS) Av.DailyVol (Rs.Mn)

    3 63%3.8%

    4.5%NSE Market Share2150

    191435,000

    40,000

    2 000

    2,500

    3.03%

    3.63%

    2.6%

    3.2%

    3 8%

    692

    1125

    15851483

    1114 1153

    1768

    15,000

    20,000

    25,000

    30,000

    1,000

    1,500

    2,000

    7

    1.3%

    1.9%

    Jun-07 Sep-07 Dec-07 Mar-08 Jun-08 Sep-08 Dec-08 Mar-09 Jun-090

    5,000

    10,000

    0

    500

    Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09

  • Institutionalequities

    Trading for most local institutions and over 100 global investors in IndiaPerformancereview

    Tradingformostlocalinstitutionsandover100globalinvestorsinIndia

    IncreasedpresenceintheUSmarketsbyhiringofaseniorresourcestationedinNewYork

    150+stocksundercoverage,targetingtodoublecoverageuniverse

    IndepthandthematicprintedreportsonGold,ProtectionismandIndiaandCHina chartbook(acompendiumof100chartscomparingthe2economies)werewellreceivedbyclients

    Establishedcredentialsinexecutinglargeblockdeals

    DealflowfortheInvestmentbankingdivisionexpectedtoimprovewithimprovingmarketsentiments

    Researchoffering

    Sectoral special on Gold with a foreword by Jim Rogers

    Sizing Up India & China: 100 charts to compare and

    contrast the two economies

    Thematic research that goes far beyond balance sheets and P&L accounts

    8

  • InsurancePerformancereview

    Most leading private sector players in Life Insurance industry have recorded a yoy declineMostleadingprivatesectorplayersinLifeInsuranceindustryhaverecordedayoy decline

    InsurancemobilizationinQ1FY10stoodatRs384mn

    Productmixhasbeensignificantlychangedtoincreasethecontributionofendowmentproducts

    Outlookofthebusinesswillremainlinkedwiththeindustryfortunes,butthecompanyspositionasabrokerwillimproveovernextfewquarters

    Changingproductmix Mobilization(RsMn)

    Q1FY10Q1FY09

    1,9452,000

    2,500 Mobilization(Rsmn)

    50%

    26%27%

    1%

    29%

    530

    891

    1,102

    806 844

    613

    1,000

    1,500

    92%

    23%

    ENDOWMENT HEALTHPENSION ULIP

    44%

    530432 384

    500

  • Total portfolio size was Rs9 22bn as on June 30th 2009

    CreditandfinancePerformancereview

    TotalportfoliosizewasRs9.22bnasonJune30th,2009

    Economyhasshownsignsofrecoveryandthedemandforcreditalsoispickingup

    Have resumedsecuredlendingagainstthesecurityofresidentialandcommercialproperty

    Numberofdisbursals Portfoliobreakup

    1,229

    1,416

    1,574

    1 200

    1,600 SecuredloansUnsecuredloans

    16%

    Q1FY09

    17%10%

    Q1FY10

    29

    433528

    368

    587471

    400

    800

    1,200 18%

    12%

    16% 17%

    17%

    10

    106

    291

    15 280

    400

    Q2FY08 Q3FY08 Q4FY08 Q1FY09 Q2FY09 Q3FY09 Q4FY09 Q1FY10

    54% 56%

    PersonalLoan MortagageLoan

    MarginFunding LAS/Debenture

  • Assets under management crossed Rs20 bn with increased traction for Family office offering

    WealthmanagementPerformancereview

    AssetsundermanagementcrossedRs20bn withincreasedtractionforFamilyofficeoffering

    Productsincludestructuresnotes,NABARDandbonds,andlongdatedoptions

    Growingdomesticandinternationalpresence

    Createdmarketsforprimary/secondaryNABARDbonds,LongdatedoptionsandFCCBs

    I I F L P r i v a t e We a l t h s P r o d u c t P r o p o s i t i o n

    AdvisoryAccounts

    Inhouseequityanddebtadvisory

    P Ad i

    ExecutionaryPlatform

    Inhouseequitybroking

    NBFC dit

    CustodyandTrust

    FamilyOfficeproposition

    T t i d

    ManagedAccounts

    IndependentAssetManagers

    P t f th USD PureAdvisoryagreements

    DerivativesandOptionsstrategy

    NBFCcredit

    Commoditytrading

    Currencytrading

    Trustservicesandsuccession planning

    PartnersfortheUSD200,000opportunity

    CommodityandcurrencyPMS/trusts

    RealEstateadvisory

    PrivatePlacements

    Internationalplatform

    MutualFunds

    REandPEFunds

    11

    p

    StructuredNotes

    TermCoverinsurance

  • RecentawardsandaccoladesPerformancereview

    MOSTIMPROVEDINDIA

    AwardedMostd

    BESTBROKERINDIA

    Awarded BestBroker

    FASTESTGROWINGLARGEBROKER

    AwardedFastestImproved

    brokerageinIndiabyAsiaMoney asapartofitssurveyof

    brokeragesin

    India byFinanceAsiaasapartofitssurveyoffinancialservicesfirmsacrossAsiafor

    2008

    growingEquityBrokingHouse

    LargefirmsinIndiafortheyear2008byDun&Bradstreetg

    countriesacrossAsiafor2008

    2008

    12

  • Presentationstructure

    Performancehighlights

    Businessreview

    Corporate overviewCorporateoverview

    Businessstrategy

    Industry

    13Unlessotherwisementioned,factsandfiguresinthispresentationrefertothosefortheIndiaInfolinegroup(consolidated)