Performance update

Q3-FY2023

January 19, 2023

Agenda

  • ISEC Quarterly Update
  • Business Performance
  • Business Transformation and Opportunity
  • ISEC Franchise

Q3FY23 Performance Snapshot

Total Assets

NPS Score

₹ 6.0 tn1

42.0%3

+7% YoY / +4% QoQ

v/s 36.0% in Q3-22

Wealth Assets

₹ 3.2 tn2

+15% YoY/ +5% QoQ

Client Base

8.7 mn4

+25% YoY/ 4% QoQ

₹

₹

Revenue

₹ 8,799 mn3

-7% YoY/ +2% QoQ

Profit After Tax

₹ 2,809 mn3

-26% YoY/ -6% QoQ

  1. Assets of our clients including equity demat assets maintained with ICICI Bank and excluding promoter holding, as on Dec,31 2022
  2. Assets of our clients with more than INR 10 mn AUM at individual level including equity demat assets maintained with ICICI Bank and excluding promoter holding, as on Dec, 31 2022
  3. For Q3 FY23

4. As on Dec, 31 2022

3

Q3FY23: Key Highlights

Diversification as theme continues to play out

  • Texturization of Retail equities and allied revenue to reduce proportion of cyclical components

Q3FY22Q3FY23

Cash Broking as % of Retail Equities

50%

34%

Derivative Broking as % of Retail Equities

16%

20%

Allied Revenue as % of Retail Equities

34%

45%

Derivative Broking as % of Retail Broking

24%

37%

  • Retail Equities and allied revenue flat on QoQ basis, in a period when cash ADTOs fell substantially by almost 24%
  • Consistent increase in derivative income in absolute terms since 6 quarters
  • Broking revenue contribution declined to 36% as compared to 42% in Q3FY22
  • Distribution revenue now contributed 19% to total revenue as compared to 17% in Q3FY22.

4

Q3FY23: Key Highlights

Market Share and Product Proposition traction

Market Share

  • Retail Derivative Market share at 3.8%, up from 3.7% last quarter
  • Retail cash market share stable at ~10.5%
  • Leadership position in MTF with market share of ~23%
  • Commodity market share at 5.6%, up from 5.5% QoQ

Traction in Product Proposition

  • Average MTF Book grew by 22% on YoY basis despite weakness in markets
  • Own PMS crossed ₹ 12 billion*
  • App downloads crossed 9 Mn on playstore and appstore
  • Total loans disbursed grew 71% YoY and 14% QoQ; with other loans growing strongly.

* As on 31st Dec 2022

5

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Disclaimer

ICICI Bank Ltd. published this content on 19 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2023 09:50:01 UTC.