Financial Performance Delhi Financial Corporation An Overview of Financial Performance.
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Transcript of Financial Performance Delhi Financial Corporation An Overview of Financial Performance.
Financial PerformanceFinancial Performance
Delhi Financial Corporation
An Overview of Financial Performance
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EQUITY
DEBT
RESERVES
NET WORTH
PROFIT BEFORE TAX & PROVISION
PROFIT AFTER TAX & PROVISION
2570.18
7247.03
2964.73
5534.91
503.45
229.37
2576.18 2582.17
96 43.38 7909.48
3343.01 4384.69
5919.19 6966.87
789.84 780.59
603.81 999.54
1.62:1 1.14:1
10.20% 15.37%
36.51% 46.8%
DEBT EQUITY RATIO (2/4)
1.37:1
RETURN ON EQUITY RATIO (6/4 )
4.14%
CAPITAL ADEQUACY RATIO 39.14%
2003-2004 2004-2005
KEY FINANCIAL INDICATOR
2006
2
503.45
789.84 780.59
229.37
603.81
999.54
0
200
400
600
800
1000
1200
2003 - 04 2004 - 05 2005 - 06
Years
Rs.
In L
acs
Profit Before Tax & Provision Profit After Tax & Provision
ANALYSIS OF PROFITS Bar Chart
3
THE LAST THREE YEARS KEY FINANCIAL INDICATORS REVEAL SIGNIFICANT IMPROVEMENTS. THE LAST THREE YEARS KEY FINANCIAL INDICATORS REVEAL SIGNIFICANT IMPROVEMENTS.
THE AVERAGE COST OF FUND HAS COME DOWN FROM 12% IN 2003-04 TO 8.7% IN 2005-06.THE AVERAGE COST OF FUND HAS COME DOWN FROM 12% IN 2003-04 TO 8.7% IN 2005-06.
THE LENDING RATES HAVE BEEN CORRESPONDINGLY REDUCED FROM 15%+4% P.A. TO 10.5%THE LENDING RATES HAVE BEEN CORRESPONDINGLY REDUCED FROM 15%+4% P.A. TO 10.5%+2.5% P.A. IN F.Y.2005-06+2.5% P.A. IN F.Y.2005-06
RESERVES HAVE INCREASED BY 33%.RESERVES HAVE INCREASED BY 33%.
RETURN ON EQUITY RATIO HAS INCREASED THREEFOLD.RETURN ON EQUITY RATIO HAS INCREASED THREEFOLD.
CAPITAL ADEQUACY RATIO IS WELL ABOVE THE RBI NORMS OF 9%.CAPITAL ADEQUACY RATIO IS WELL ABOVE THE RBI NORMS OF 9%.
DEBT EQUITY RATIO HAS IMPROVED INDICATING LESSER DEPENDENCE ON BORROWED FUNDS.DEBT EQUITY RATIO HAS IMPROVED INDICATING LESSER DEPENDENCE ON BORROWED FUNDS.
THE POSITION OF PROFIT AFTER TAX AND PROVISIONING HAS SHOWN REMARKABLE THE POSITION OF PROFIT AFTER TAX AND PROVISIONING HAS SHOWN REMARKABLE IMPROVEMENT FROM Rs.2.29 CRORES IN 2003-04 TO Rs.999.54 CRORES IN 2005-06. THIS PROFIT IMPROVEMENT FROM Rs.2.29 CRORES IN 2003-04 TO Rs.999.54 CRORES IN 2005-06. THIS PROFIT HAS BEEN OBTAINED AFTER MAKING PROVISIONING FOR RETIREMENT BENEFITS VIZ. PENSION, HAS BEEN OBTAINED AFTER MAKING PROVISIONING FOR RETIREMENT BENEFITS VIZ. PENSION, GRATUITY AND LEAVE ENCASHMENT WHICH HAVE BEEN SUBJECT MATTER OF CAG AUDIT IN THE GRATUITY AND LEAVE ENCASHMENT WHICH HAVE BEEN SUBJECT MATTER OF CAG AUDIT IN THE PAST. VRS HAS ALSO BEEN GRANTED TO 14 PERSONS DURING THE YEAR.PAST. VRS HAS ALSO BEEN GRANTED TO 14 PERSONS DURING THE YEAR.
IN THREE YEARS, THEREFORE, THE FINANCIAL HEALTH OF THE CORPORATION HAS BEEN IN THREE YEARS, THEREFORE, THE FINANCIAL HEALTH OF THE CORPORATION HAS BEEN BROUGHT ON TO A SOUND FOOTING. BROUGHT ON TO A SOUND FOOTING.
SUMMARY OF FINANCIAL RESULTS
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503.45
789.84 780.59
0
100
200
300
400
500
600
700
800
900
2003 - 04 2004 - 05 2005 - 06
Years
Rs
. In
La
cs
NET PROFITS*
*After Accounting for the VRS Expenditure
Bar Chart
#
# Before Tax and Provisioning
5
7747
.01
2580
.15
8336
.88
3637
.67
6029
.85
2092
.68
6602
.85
2338
.25
5998
.04 72
50
5935 64
36.4
7
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
2002-03 2003-04 2004-05 2005 - 06FINANCIAL YEAR
Rs.
In
Lac
s
SANCTION DISBURSEMENT RECOVERY
GROWTH OPERATIONS
Bar Chart
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BUSINESS TRENDSBUSINESS TRENDS 8336.88
2580.153637.67
6602.85
2092.682338.25
503.45780.59789.84
6436.47
5935
7250
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
2003-04 2004-05 2005-06
FINANCIAL YEAR
Rs.
In
Lac
s
SANCTION DISBURSEMENT NET PROFITS RECOVERY
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In Graph
15
41
3
14
30
7
12
22
8.2
9
72
50
59
35
64
36
.47
02
00
04
00
06
00
08
00
01
00
00
12
00
01
40
00
16
00
01
80
00
20
00
0
2004 2005 2006YEAR
Rs
in l
acs
COLLECTABLE NET RECOVERY
COLLECTABLE : NET RECOVERY
41% 41% 52%
*
* Includes interest subsidy of Rs.1.40 crores received from GNCT, Delhi.(Tpt. Deptt.)
Bar Chart
#
#Includes Rs.10 crores pending receipt paid by DSIDC in Q4
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Loans and AdvancesLoans and Advances
20042004 20052005 20062006
Loans & Advances Loans & Advances 14691.2214691.22 16958.1316958.13 14918.9714918.97
ProvisioningProvisioning 1877.931877.93 1709.381709.38 1325.64 1325.64
Standard AssetsStandard Assets 7892.557892.55 10754.5910754.59 9173.369173.36
NPAsNPAs 67996799 6203.286203.28 5745.605745.60
Rs. In Lacs
FINANCIAL PROFILEFINANCIAL PROFILE
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14691
7893
6799
1877.93
503
16957.87
10754.46
6203.28
1709.38789.84
14918.97
9173.36
5745.6
1325.64780.59
0
2000
4000
6000
8000
10000
12000
14000
16000
18000R
s. in
lacs
Loans & Advances Standard Assets NPAs Provisioning Profit
31.03.2004 31.03.2005 31.03.2006
Analysis of Loans & Advances
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Bar Chart
LOANS AND ADVANCESLOANS AND ADVANCES
12226.96
9173.36
10755
7892.55
3289.823343
4252.29
2868.732167.6423221895.371568.82
288.13537651.01622.420
2000
4000
6000
8000
10000
12000
14000
2003 2004 2005 2006
year
Rs.
in la
cs
Standard Assets Sub-StandardDoubtful Assets Loss Assets
14691.22
6808.68
16958
6203
14918.97
5745.6
0
5000
10000
15000
20000
Rs.
in la
cs
OUTSTANDING BALANCE TOTAL NPA
2004 2005 2006
STATUS OF NPAs
46.35% 36.58%38.51%
Bar Chart
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IN THE YEAR 2004-05, DSIDC ISSUED ALLOTMENT LETTERS FOR PLOTS IN THE YEAR 2004-05, DSIDC ISSUED ALLOTMENT LETTERS FOR PLOTS IN BAWANA OUT OF WHICH DFC COULD OBTAIN GOOD BUSINESS AFTER IN BAWANA OUT OF WHICH DFC COULD OBTAIN GOOD BUSINESS AFTER THE ALL TIME LOW OF 2003-04. THE ALL TIME LOW OF 2003-04.
DESPITE ABSENCE OF LAND ALLOTMENT BY DSIDC VIGOROUS EFFORTS DESPITE ABSENCE OF LAND ALLOTMENT BY DSIDC VIGOROUS EFFORTS WERE MADE TO SECURE BUSINESS OF CONSTRUCTION LOANS IN WERE MADE TO SECURE BUSINESS OF CONSTRUCTION LOANS IN BAWANA AS THE ENTREPRENEURS STARTED MOVEMENT TOWARDS BAWANA AS THE ENTREPRENEURS STARTED MOVEMENT TOWARDS CONSTRUCTION IN LAST PART OF Q3 AND Q4.CONSTRUCTION IN LAST PART OF Q3 AND Q4.
IN 2005-06, DSIDC HELD DRAW OF LOTS FOR BAWANA-II BUT ALLOTMENT IN 2005-06, DSIDC HELD DRAW OF LOTS FOR BAWANA-II BUT ALLOTMENT LETTERS HAVE ISSUED ONLY IN MARCH 2006. HENCE BUSINESS WILL LETTERS HAVE ISSUED ONLY IN MARCH 2006. HENCE BUSINESS WILL AGAIN PEAK IN 2006-07 TO A LIKELY FIGURE OF Rs.100 CRORES. AGAIN PEAK IN 2006-07 TO A LIKELY FIGURE OF Rs.100 CRORES.
ACCORDINGLY IN Q4, RELEASE HAS BEEN MADE IN 395 CASES OF ACCORDINGLY IN Q4, RELEASE HAS BEEN MADE IN 395 CASES OF CONSTRUCTION LOAN IN BAWANACONSTRUCTION LOAN IN BAWANA
AMOUNTING TO RS. 2179.31 LACS AND ONLY 50 CASES INVOLVING RS. AMOUNTING TO RS. 2179.31 LACS AND ONLY 50 CASES INVOLVING RS. 536.37 LACS ARE PENDING FOR FIRST DISBURSEMENT. 536.37 LACS ARE PENDING FOR FIRST DISBURSEMENT.
BUSINESS PROSPECTS
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Sector Wise Disbursement 2005 -06
2175.46
130.26
20.40
Transport Industrial Relocation
5.60%
0.87%
93.53%