Escolar Documentos
Profissional Documentos
Cultura Documentos
27% 31%
growth during growth during
Q1 FY2018 Q1 FY2018
2,254 302
1,776 231
Note:
1. Q1 FY2018 and Q1 FY2017 results have been prepared based on IND AS
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 3
252 12%
1,776
269
1,401 887 5%
1,182 248 169 231 302
55
965 225 851
186
827
724 1,084
606 (147)
635
320
(15%)
165 218
Q1 FY14 Q1 FY15 Q1 FY16 Q1 FY17 Q1 FY18 Q1 FY14 Q1 FY15 1 Q1 FY16 Q1 FY17 Q1 FY18
Note:
1. Q1 FY2015 net profit excludes exceptional gain on sale of 11% stake in Vodafone India partly offset by the amount written down on account of scaling back of our investments in NCE
research.
2. Q1 FY2016, Q1 FY2017 and Q1 FY2018 results have been prepared based on IND AS
3. HIA Healthcare Insight and Analytics
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 5
Overall top line growth has been higher than 25% Our normalised net profit has grown over 30%
in each of the last seven quarters in each of the last 9 quarters
Note:
1. All periods of FY2017 and Q1 FY2018 results have been prepared based on the Ind AS and all the results of the corresponding periods of the previous year have been reinstated to
make it comparable with the reported period. Prior period numbers are as reported in their respective period.
2. FY2015 quarterly net profit numbers exclude exceptional gain from Vodafone transaction and exceptional loss from NCE shutdown
3. NM Not measurable
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 6
CAGR Quartile 1
Top 25
PEL among top 5 companies (within BSE companies
Quartile 2
100 Index) in terms of 5 years Net Profit 26-50
CAGR companies
Quartile 3
Financial Services
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 8
4,418
2,588 605
NEW
Mezzanine Mezzanine Senior Debt Real Estate Funds
NEW JV with CPPIB
Construction - Residential Senior lending Loan Against Property NEW
JV wih CDPQ
NEW
Construction - Commercial Acquisition funding Promoter Financing JV with APG
NEW NEW JV with Bain Capital (Distressed
Lease Rental Discounting Loan Against Share Structured Debt Asset Investments)
NEW
Housing Finance Investments in Shriram Group
Retail Financing
Applied to NHB for Commercial Vehicle Finance Small Enterprise Finance Retail Stock Broking
HFC Licence Life Insurance General Insurance
Corporate Finance Financial Product Distribution
Wholesale Lending
Real Estate Lending : Develop strong
Continue the
systems and
growth
Loan Book grew to Rs.24,924 Crores as on 30 Jun 2017 vs. Rs.14,047 Momentum
maintain robust
Crores as on 30 Jun 2016 asset quality
Construction Finance is now 59% of our Real Estate loan book Growth
Strategy
Rs. 1,807 Crores repaid / prepaid during the quarter
Continue to
Optimise liability
enhance
Corporate Finance Group (CFG) : Franchise
Technology usage
Loan book grew to Rs.3,584 Crores as 30 Jun 2017 vs. Rs.1,951 Crores
as on 30 Jun 2016 Rapidly growing income from Financial Services business
Completed first transaction in Logistic sector (in Rs. Crores) 1,084
Products offered
Senior Debt, Loan against Property, Lease Rental Discounting, Promoter Financing, Structured Debt, etc.
Ticket size
Offering solutions with ticket size ranging from Rs.10 Crores to Rs.100 Crores
Sector-agnostic platform
Funding diverse sectors including auto ancillaries, manufacturing, pharma, services, hospitality, etc.
Portfolio diversification
Complementing the existing loan portfolio with granular loans in diverse sectors
Risk profile
Low Risk Portfolio with deals backed by cashflows
Progress so far
Rs.400 Crores of commitments made across 8 transactions; Rs.140 Crores disbursed in Q1 FY2018
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 12
Performance metrics
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
FY15 FY16 FY16 FY16 FY16 FY17 FY17 FY17 FY17 FY18
Loan book growth (%) 67% 138% 150% 181% 174% 112% 113% 105% 87% 79%
GNPA ratio % 1.9% 1.5% 1.1% 1.2% 0.9% 0.6% 0.4% 0.5% 0.4% 0.2%
RoE% 21% 25%+ 25%+ 25%+ 25%+ 25%+ 25%+ 25%+ 25%+ 25%+
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 15
Performing better than the best performing banks and NBFCs of India
X-axis : FY2017 Gross NPA Ratio (%)
30%
Y-axis : FY2017 RoE (%)
Size of the circle : FY2017 Loan book growth (%)
PEL 27%
PELs Financial Services business
Banks & NBFCs
21%
18%
15%
12%
2.5% 2.0% 1.5% 1.0% 0.5% 0.0%
Pharma
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 17
Q1FY11
Q1FY12
Q1FY13
Q1FY14
Q1FY15
Q1FY16
Q1FY17
Q1FY18
Acquiring new customers: Overall 20 new customers (including 7 large orders)
were added in Q1FY2018 in our services business.
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 18
Next quarter expectations : Expected to largely recover the Q1 revenue shortfall Revenue Performance
in Q2 (In Rs. Crores)
Consumer Products Total Revenue
Full year expectations - Expected to deliver strong growth for FY2018 Allergan JV
125
FY2020 expectations - Business remains confident of achieving its target of Rs.
1,000 crores revenue by FY2020 91
101
85 89
Other developments :
Brand extensions launched - Lacto Calamine Oil Balance Face Wash and
Face Scrub 61
80
54 55
42
Indian film actor Manoj Bajpayee and Prosenjit Chatterjee (for Eastern
India) got on-board as brand ambassadors for recently introduced Q1FY14 Q1FY15 Q1FY16 Q1FY17 Q1FY18
Polycrol Paan flavour antacid
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 20
Improved Continued
Growth in key business segments like Healthcare Analytics, technology & development of
cost &
Market Access consulting and Health Economics and Outcomes product operational
innovation synergies
Research (HEOR)
Financials
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 24
Quarter I ended
Net Sales break-up % Sales
30-Jun-17 30-Jun-16 % Change
Note:
1. Foreign Currency denominated revenue in Q1 FY2018 was Rs. 1,060 Crores (47% of total revenue)
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 25
Notes:
1. Income under share of associates primarily includes our share of profits at Shriram Capital and profit under JV with Allergan, as per the new accounting
standards.
Piramal Enterprises Limited Q1 FY2018 Results Presentation Page 26
For Investors :
Hitesh Dhaddha
Email : hitesh.dhaddha@piramal.com
Phone : +91 22 3046 6444
Bhavna Sinyal
Email : bhavna.sinyal@piramal.com
Phone : +91 22 3046 6570