August 13, 2018 National Stock Exchange of India Limited, BSE - PDF document

Home Finance zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA REPCO HOME FINANCE LIMITED. (Promoted by Repco Bank-Govt. of India Enterprise) CIN : L65921N2000PLC044655 RHE'L/SE/17/2018-19 August 13, 2018 National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers Bandra Kuria Complex, Bandra (E) Dalai Street Mumbai-400 051 Mumbai- 400001 NSE Symbol: REPCOHOME BSE Security Code: 535322 Kind Attn: Listing Department Dear Sir, Sub: Investor Presentation on financial results for the Quarter ended 30 June 2018 We submit herewith a copy of the presentation on the financial performance of the Company for the quarter ended 30 June 2018. This is submitted for your information and records. Thanking You, Yours Faithfully, Company Secretary 3rd Floor, Alexander Square, New No: 2 (Old No. 34 & 35) Sardar Patel Road, Guindy, Chennai - 600 032. Corporate Office : zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA Phone : 044 -42106650 Fax: 044 -42106651 E-mail : co@repcohome.com , www.repcohome.com Registered Office :'REPCO TOWER, No: 33, North Usman Road, T.Nagar, Chennai - 600017. Phone : 044-28340715 / 4037/ 2845

Repco Home Finance Limited Earnings Presentation Q1FY19 www.repcohome.com Earnings Presentation  August 2018

Agenda Repco Home Finance Limited Q1FY19 Performance  Business summary …………………………………………….……. ► Financial performance for Q1FY19 ……… …………………… ► Borrowing profile………………..……………….…………………. ► Geographic Presence  Footprint.……………………………………………….. ► Region- wise loan book.………………………………………….… ► Annexure  Earnings Presentation  August 2018

Repco Home Finance Limited Q1FY19 Performance Earnings Presentation  August 2018

Business Summary Repco Home Finance Limited Loans outstanding (June 30, 2018) Rs. 1,000,745 mn • Net worth (June 30, 2018) Rs. 13,184 mn • Tier 1 capital adequacy ratio 23.24% (Provisional) • Average loan per unit Rs. 1.4 mn • Number of live accounts 84,741 • Current Employee Strength 843 • Gross NPA (%) (June 30, 2018) 3.96% • Net NPA (%) (June 30, 2018) 2.39% • Expected credit loss (%) (June 30, 2018) 0.66% • 4 Earnings Presentation  August 2018

Q1FY19 performance Repco Home Finance Limited Figures in Rs million Income from operations Net Interest Income Profit after Tax Q1FY19 609 2,869 1,143 5% 8% 9% Q1FY18 2,739 1,056 560 Sanctions Disbursements Home loan book 7,580 Q1FY19 7,039 82,362 22% 14% 28% Q1FY18 6,198 5,484 72,427 5 Earnings Presentation  August 2018

Asset book Repco Home Finance Limited Figures in Rs million Sanctions and disbursements Loan Book 1,00,745 1,00,000 90,093 7,580 8,000 90,000 7,039 7,000 80,000 6,198 70,000 6,000 5,484 60,000 5,000 50,000 40,000 4,000 30,000 3,000 20,000 Q1FY18 Q1FY19 June'17 June'18 Sanctions Disbursements Mix of loan portfolio Loan book composition 100% 100% 18.2% 19.6% 80% 80% 57.3% 60.0% 60% 60% 81.8% 40% 40% 80.4% 20% 42.7% 20% 40.0% 0% 0% June'17 June'18 June'17 June'18 Home loans Loans against property Salaried Non Salaried 6 Earnings Presentation  August 2018

Income and earnings growth Repco Home Finance Limited Figures in Rs million Total income Net interest income 1,200 1,143 3,500 1,056 1,100 2,872 2,741 3,000 1,000 2,500 900 2,000 800 1,500 700 1,000 600 500 500 - Q1FY18 Q1FY19 Q1FY18 Q1FY19 Net profit Net worth 620 14,000 609 13,184 13,000 600 12,000 11,373 580 11,000 560 10,000 560 9,000 540 8,000 7,000 520 6,000 500 5,000 Q1FY18 Q1FY19 June'17 June'18 7 Earnings Presentation  August 2018

Operating cost Repco Home Finance Limited Figures in Rs million Employee cost Other opex 130 140 100 89 120 109 80 100 59 60 80 60 40 40 20 20 0 0 Q1FY18 Q1FY19 Q1FY18 Q1FY19 Cost to income ratio 18.4% 20.0% 15.1% 15.0% 10.0% 5.0% 0.0% Q1FY18 Q1FY19 8 Earnings Presentation  August 2018

Profitability ratios Repco Home Finance Limited Net interest margin Spread 4.7% 3.3% 4.8% 3.4% 4.6% 3.2% 4.6% 3.2% 4.4% 3.0% 4.2% 2.8% 4.0% 3.8% 2.6% 3.6% 2.4% 3.4% 2.2% 3.2% 3.0% 2.0% Q1FY18 Q1FY19 Q1FY18 Q1FY19 Return on equity Return on assets 3.0% 25.0% 2.5% 2.5% 2.5% 19.8% 20.0% 17.4% 2.0% 15.0% 1.5% 10.0% 1.0% 5.0% 0.5% 0.0% 0.0% Q1FY18 Q1FY19 Q1FY18 Q1FY19 9 Earnings Presentation  August 2018

Asset quality & provisioning Repco Home Finance Limited Figures in Rs million Gross NPA Net NPA 3.97% 3.96% 3,000 2.90% 5,000 4.00% 2.69% 3.50% 2,371 2,500 2.40% 4,000 3.00% 2,396 2,000 2.39% 2.50% 1.90% 3,000 1,500 2.00% 1.40% 2,000 3,987 1.50% 3,571 1,000 1.00% 0.90% 1,000 500 0.50% - 0.40% - 0.00% June'17 June'18 June'17 June'18 Net NPA Net NPA % Gross NPA Gross NPA % Provision coverage ratio Note – Rs. 380 Mn of loans outstanding backed by repossessed collateral assets is included in the aforementioned Jun’18 GNPA 45.0% amount. Details of the pool – 40.5% 40.0% Average ticket size – Rs. 2.2 mn LTV – 56% 35.0% 32.9% Provision carried in BS – 100% 30.0% The aforementioned amount EXCLUDES loans outstanding backed by repossessed collateral assets but part of the pool 25.0% technically written off during Q4FY18. 20.0% June'17 June'18 10 Earnings Presentation  August 2018

Asset quality Repco Home Finance Limited 90+ dpd(%) 5.0% 4.5% 4.2% 4.0% 4.0% 4.0% 3.7% 3.4% 3.5% 2.9% 3.0% 2.6% 3.1% 2.4% 2.5% 2.2% 2.6% 2.0% 2.1% 1.9% 1.5% 2.1% 1.4% 1.3% 1.0% 1.3% 1.2% 0.5% 0.0% Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep'17 Dec'17 Mar'18 June'18 Gross NPA Net NPA 11 Earnings Presentation  August 2018

Mix/Product-wise GNPA (%) Repco Home Finance Limited 6.0% 5.6% 5.4% 5.0% 4.1% 4.0% 4.0% 4.0% 2.9% 3.0% 1.8% 2.0% 1.5% 1.2% 1.0% 0.0% Salaried Non-Salaried Overall June'18 Mar'18 June'17 8.0% 6.8% 7.0% 6.4% 6.0% 4.9% 5.0% 4.0% 4.0% 4.0% 3.4% 3.0% 2.9% 3.0% 2.4% 2.0% 1.0% 0.0% Housing Loan LAP Overall June'18 Mar'18 June'17 12 Earnings Presentation  August 2018

Diversified borrowing profile Repco Home Finance Limited Average % 100% 5% 5% Source (Rs mn) Jun'17 Jun'18 cost change 15% 15% 80% National Housing 7.6% 10,536 7,292 -31% Bank 60% 60% 64% Repco Bank 8.1% 4,946 6,253 26% 40% Commercial Banks 8.2% 45,089 53,321 18% 20% 7% 8% 14% 9% 0% NCDs 8.5% 11,570 12,370 7% Jun'17 Jun'18 CPs 7.9% 3,500 4,000 14% National Housing Bank Repco Bank Commercial Banks NCDs Total 8.2% 75,641 83,236 10% CPs *Weighted average cost 13 Earnings Presentation  August 2018

Repco Home Finance Limited Geographic Presence Earnings Presentation  August 2018

Footprint Repco Home Finance Limited Presence in 11 states and 1 Union Territory  with 140 branches and 23 satellite centers. Presence beyond South: branches in West  Bengal, Orissa, Maharashtra, Gujarat, Network Expansion 160 163 150 156 170 142 150 Strong presence 122 130 Significant presence 110 92 88 Recent expansion 90 72 70 Not present yet 54 50 30 Mar'10 Mar'11 Mar'12 Mar'13 Mar'14 Mar'15 Mar'16 Mar'17 Mar'18 Jun'18 15 Earnings Presentation  August 2018

Region-wise loan book Repco Home Finance Limited Andhra Others, 2.8% Pradesh, 6.8% Telangana, 4.3% Gujarat, 2.6% Karnataka, Tamil Nadu, 13.1% 58.9% Kerala, 3.9% Maharashtra, 7.6% Annualized Exposure YoY QoQ States June'18 Mar'18 June'17 growth growth Andhra Pradesh 6.8% 6.8% 6.9% 10% 9% Telangana 4.3% 4.1% 3.8% 26% 27% Gujarat 2.6% 2.5% 2.2% 37% 37% Karnataka 13.1% 12.7% 12.2% 20% 23% Kerala 3.9% 4.0% 3.9% 13% 7% Maharashtra 7.6% 7.5% 6.7% 28% 20% Tamil Nadu 58.9% 59.8% 61.8% 7% 4% Others 2.8% 2.7% 2.5% 23% 20% Total 100% 100% 100% 12% 10% 16 Earnings Presentation  August 2018

Repco Home Finance Limited Annexure Earnings Presentation  August 2018

Shareholding pattern Repco Home Finance Limited % Outstanding shares – 62.56 mn Major non-promoter shareholders shareholding Aditya Birla Sun Life Mutual Fund 7.0% Bodies Franklin Templeton Mutual Fund 6.4% Resident Corporat DSP Blackrock Small Cap Fund 6.2% Individua es, 1.5% Pabrai Investment Funds 5.9% ls, 9.8% India Capital Fund Limited 3.4% Apax Global Alpha Limited 2.1% Mutual HSBC Global Investment Funds 2.1% Foreign Funds, Alliance Bernstein India Growth (Mauritius) Limited 1.8% Portfolio 20.1% DSP Blackrock Core Fund 1.1% Investors, 27.5% NRIs, 1.2% Promoter s, 37.1% Others, 2.8% 18 Earnings Presentation  August 2018