Bajaj Finserv Financial Overview

Executive summary - Q1 FY21 Profitability BAJAJ B FINSERV USD 1 = INR 75 28. Consolidated PAT for the quarter contracted by 19% YoY to $ 128 MM after taking contingency provision of $ 193 MM and interest income reversal of $ 29 MM. Pre-provision profitability remained strong. 29. The Company has revised its margin profile in certain businesses to protect its overall profitability. On mortgage business, the company is facing significant pricing pressure and is repivoting its mix marginally for short to medium term. 30. Return on Assets for the quarter was 0.7% and Return on Equity was 2.9% (not annualized) Capital: 31. The Company continues to remain very well capitalised with CRAR of 26.4% as of 30 June 2020. Its Tier-1 capital was 22.6%. The Company remains one of the best capitalised large NBFCs in India. Business transformation - 'Never let a crisis go waste': 32. The Company is accelerating its 3rd transformation journey conceptualized in Q3 FY20. The company is utilizing this pandemic time to completely transform itself by deploying "Zero based budgeting" methodology to reimagine all its businesses and functions. All businesses and functions are getting into micro detail of every process, customer moment of truth and cost lines and completely reimagining them. As a result, we plan to come out of this crisis as a company with enhanced customer experience, stronger digital orientation and a leaner cost structure. As and when dem and comes back fully, we will be ready to leverage this transformation to grow our business rapidly. 33. At this juncture, company has access to 105 MM customers and prospects. It intends to create an ecosystem of sales finance products and complete range of financial services for these customers and prospects. Back 9

View entire presentation