Capital First Strategy, Loan Growth and Profitability Trends
Section 7: Successful Trajectory of Growth and Profits at Capital First
This page is an extract from Capital First investor Presentation of September 2018, which is the last quarter prior to merger. Presented
here to demonstrate the capability of the core loan book and the track record of growth and profitability.
In FY 08 and 09, the Company had made losses. Even after the new leadership took over, for two years the company continued to
post losses as the building blocks for new age retail lending were prepared. Once the company turned around and became
profitable in FY 12, there was no looking back, Capital First posted a CAGR growth in profits of 56% for last 5 years, latest year profit
up 37%.
Profit After Tax (Normalized) – Rs. crore
-
New Leadership takes over in 2010.
■ New Retail Product Lines launched.
■ Retail Team, Systems, Processes designed.
■Closed down subsidiaries, prepared
company for PE equity backing
■ Platform set for Business growth and
Profitability.
-15.7
-28.8
-32.1
-46.2
▪ Company turned profitable in
FY12 and since then
consistently increased profit
for the next 6 years with a
CAGR of 45%
3.8
53.2
35.1
5 Year CAGR - 56%
166.2
114.3
238.9
*
For Half Year H1-FY19
327.4
206.1*
FY08
FY09
Section 7: Past Financial Performance
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
H1-FY19
78
IDFC FIRST
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