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  • Market Research Report: Financial Brokerage Market in India 2012

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    Netscribes, Inc.
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    For the complete report, get in touch with us at : info@netscribes.com Financial brokerage market in India is going through sweeping changes with new players looking to be a part of the highly competitive brokerage market characterized by dwindling brokerage and exponential growth of brokers and sub brokers. On the other hand, many existing players have been forced to undercut operations due to lack of revenues while others still surviving on the basis of consolidation. The market is witnessing new guidelines by the regulatory authorities and new innovative offers by banks and brokerage companies. The report begins with a brief introduction to the financial broking market. The market overview includes information regarding the Indian market scenario and equity volumes on a year on year basis. An indication of the prevailing brokerage structure is included as well as highlights of the business model employed by the brokerage firms. It covers information regarding the changes in brokerage fee structure due to changes in the market. The primary guidelines stated by SEBI regarding the brokerage market are highlighted. The market overview section also analyses the brokerage sector as a whole to understand the opportunities and competitiveness of the market through a porter’s analysis. The overall distribution of brokers and stock brokers has also been provided. The following section explains the major drivers in the market such as increase of income levels in tier 2 cities, under penetration of equities which can be explored by the brokerage firms to increase their brokerage. Other factors include developing franchisees to gather more revenue without having to actually spend on infrastructure. Return of FII and IPO are other encouraging factors. Rising rate of FD and other traditional saving instruments are proving to be more in vogue due to the turbulent Indian market conditions which is acting as a major challenge for the market. Global uncertainties have created huge pressures on the market. Consolidation of smaller broking firms and retail investors staying away are other important barriers that the market faces. The trends identified are trading in mobile and online platforms along with offline modes in order to reach out to the far flung customers, new players coming in the Indian broking space making the competition even more intensive including banking institutions. Other trends include diversification of the major players in other lines of business and new innovative offerings by broking units so as to lure customers. It has been seen that broking units are also trying to hard sell Demat account and bulk of the equity investments from retail customers are coming via mutual fund route. Additionally, large players are tying up with smaller players towards expanding their distribution network and to tap a larger market. The competition section provides an overview of the competitive landscape in the market and includes a detailed profile of the major players. A bubble chart for the public companies, depicting their relative positions in the market with respect to total income, net profit/loss and market capitalization is included. Similarly, a bubble chart for the private players is also included with respect to their total income, net profit/loss and total assets. This section also includes list of products and services, key people, financial snapshot, key ratios and key recent developments for all companies, along with key business segments and key geographic segments for public companies. In conclusion, key takeaways of the report have also been identified.

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    For the complete report, get in touch with us at : info@netscribes.com Financial brokerage market in India is going through sweeping changes with new players looking to be a part of the highly competitive brokerage market characterized by dwindling brokerage and exponential growth of brokers and sub brokers. On the other hand, many existing players have been forced to undercut operations due to lack of revenues while others still surviving on the basis of consolidation. The market is witnessing new guidelines by the regulatory authorities and new innovative offers by banks and brokerage companies. The report begins with a brief introduction to the financial broking market. The market overview includes information regarding the Indian market scenario and equity volumes on a year on year basis. An indication of the prevailing brokerage structure is included as well as highlights of the business model employed by the brokerage firms. It covers information regarding the changes in brokerage fee structure due to changes in the market. The primary guidelines stated by SEBI regarding the brokerage market are highlighted. The market overview section also analyses the brokerage sector as a whole to understand the opportunities and competitiveness of the market through a porter’s analysis. The overall distribution of brokers and stock brokers has also been provided. The following section explains the major drivers in the market such as increase of income levels in tier 2 cities, under penetration of equities which can be explored by the brokerage firms to increase their brokerage. Other factors include developing franchisees to gather more revenue without having to actually spend on infrastructure. Return of FII and IPO are other encouraging factors. Rising rate of FD and other traditional saving instruments are proving to be more in vogue due to the turbulent Indian market conditions which is acting as a major challenge for the market. Global uncertainties have created huge pressures on the market. Consolidation of smaller broking firms and retail investors staying away are other important barriers that the market faces. The trends identified are trading in mobile and online platforms along with offline modes in order to reach out to the far flung customers, new players coming in the Indian broking space making the competition even more intensive including banking institutions. Other trends include diversification of the major players in other lines of business and new innovative offerings by broking units so as to lure customers. It has been seen that broking units are also trying to hard sell Demat account and bulk of the equity investments from retail customers are coming via mutual fund route. Additionally, large players are tying up with smaller players towards expanding their distribution network and to tap a larger market. The competition section provides an overview of the competitive landscape in the market and includes a detailed profile of the major players. A bubble chart for the public companies, depicting their relative positions in the market with respect to total income, net profit/loss and market capitalization is included. Similarly, a bubble chart for the private players is also included with respect to their total income, net profit/loss and total assets. This section also includes list of products and services, key people, financial snapshot, key ratios and key recent developments for all companies, along with key business segments and key geographic segments for public companies. In conclusion, key takeaways of the report have also been identified.

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    Attribution Non-Commercial (BY-NC)
    Descărcați ca PDF, TXT sau citiți online pe Scribd
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    41 vizualizări16 pagini

    Market Research Report: Financial Brokerage Market in India 2012

    Încărcat de

    Netscribes, Inc.
    For the complete report, get in touch with us at : info@netscribes.com Financial brokerage market in India is going through sweeping changes with new players looking to be a part of the highly competitive brokerage market characterized by dwindling brokerage and exponential growth of brokers and sub brokers. On the other hand, many existing players have been forced to undercut operations due to lack of revenues while others still surviving on the basis of consolidation. The market is witnessing new guidelines by the regulatory authorities and new innovative offers by banks and brokerage companies. The report begins with a brief introduction to the financial broking market. The market overview includes information regarding the Indian market scenario and equity volumes on a year on year basis. An indication of the prevailing brokerage structure is included as well as highlights of the business model employed by the brokerage firms. It covers information regarding the changes in brokerage fee structure due to changes in the market. The primary guidelines stated by SEBI regarding the brokerage market are highlighted. The market overview section also analyses the brokerage sector as a whole to understand the opportunities and competitiveness of the market through a porter’s analysis. The overall distribution of brokers and stock brokers has also been provided. The following section explains the major drivers in the market such as increase of income levels in tier 2 cities, under penetration of equities which can be explored by the brokerage firms to increase their brokerage. Other factors include developing franchisees to gather more revenue without having to actually spend on infrastructure. Return of FII and IPO are other encouraging factors. Rising rate of FD and other traditional saving instruments are proving to be more in vogue due to the turbulent Indian market conditions which is acting as a major challenge for the market. Global uncertainties have created huge pressures on the market. Consolidation of smaller broking firms and retail investors staying away are other important barriers that the market faces. The trends identified are trading in mobile and online platforms along with offline modes in order to reach out to the far flung customers, new players coming in the Indian broking space making the competition even more intensive including banking institutions. Other trends include diversification of the major players in other lines of business and new innovative offerings by broking units so as to lure customers. It has been seen that broking units are also trying to hard sell Demat account and bulk of the equity investments from retail customers are coming via mutual fund route. Additionally, large players are tying up with smaller players towards expanding their distribution network and to tap a larger market. The competition section provides an overview of the competitive landscape in the market and includes a detailed profile of the major players. A bubble chart for the public companies, depicting their relative positions in the market with respect to total income, net profit/loss and market capitalization is included. Similarly, a bubble chart for the private players is also included with respect to their total income, net profit/loss and total assets. This section also includes list of products and services, key people, financial snapshot, key ratios and key recent developments for all companies, along with key business segments and key geographic segments for public companies. In conclusion, key takeaways of the report have also been identified.

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    din 16

    FinancialBrokerageMarket India Financial Brokerage Market India

    January2012

    ExecutiveSummary
    Market Overview
    AveragedailyvolumesinequityreachedINRXXbnin20 Stockmarkethasseenfluctuationsintherecentpastandsohavetheearningsinbrokerage Commoditiesandcurrencymarketsaresteadilypickingup

    Drivers

    Challenges
    RisingrateofFDprovingtobeattractive Globaluncertainties Undercuttingandconsolidation

    Drivers& Challenges

    Risingincomelevels Underpenetrationofequities Franchiseemodelfuelexpansion h d lf l FIIsshowstrongreturn IPOsshowingstrongreturn Trading in other platforms Tradinginotherplatforms AdventofforeignandnewIndian players HardsellingofDemataccount Stock Brokers foray into real estate StockBrokersforayintorealestate broking

    Trends

    MFs pose less risk when invested for a longer MFsposelessriskwheninvestedforalonger tem Lifetimeoffersbybrokeragehousestolure customers Tieups between big and small brokers Tieupsbetweenbigandsmallbrokers

    MajorPlayersintheMarket

    Competition

    Player1 Pla er 1

    Player2 Pla er 2

    Player3 Pla er 3

    Player4 Pla er 4

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    Introduction MarketOverview Drivers and Challenges DriversandChallenges Trends Competition KeyTakeaways Appendix A di

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    Stockmarketshavebeenonadownturnduetoglobalcues affectingfinancialbrokeragemarketnegatively
    MarketOverview Stocks(1/2)
    In the stock market, various equity and shares of the listed companies are traded It is also known as the secondary market In India, capital markets, of which secondary market is a part of, is regulated by SEBI On account of higher inflows from FIIs and FDIs, the market has reacted well in 20XX XX 20XXXX

    Equity:AverageDailyVolumes
    Type1 INRbn INR bn
    1,500 1,000 500 0

    Type2

    Type3

    Type4

    X U a1% b1% c1% 20 d1% W V a2% b2% c2% 20 a3% d2% b3% c3 20 d3% a4% b4% c4% 20

    d4%

    GeographicalDistribution(CashSegment)
    City1 City2 Type1 20 20 20 20 Source: g1% g2% g3% g4% h1% k1% i1% j1% h2% k2% i2% j2% h3% k3% j i3% j3% h4% k4% i3% j3% 20 20 20 l2% 20 l1% City3 City4 O Type2 m1% m2% p1% p2% p3% p4%

    Turnover(CashSegment)
    INRbn
    80,000 60,000 60 000 40,000 20,000 0

    Type1 Type2 r1% M e2% f2% 20 20 N e3% L e1% f1% O e4% f4% r2%

    r3% P e5%

    n1% o1% n2% o2% l3% m3% l4% m4% n3% o3% n4% o4%

    f3%

    f5%

    20

    20

    20 4

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    PrevailingBrokerageStructure Indicative
    Type:Equity ResidentIndians DeliveryBased Trades a%orminINRBorx%ontransactionvalue(Both BUY/SELL) Type:Derivatives FuturesMarket f%orminINRG/ orceilingofh%oftransactionvalue(BothBuy&Sell) Type:OptionMarket OptionMarket Higherofi%ofthepremiumamountorINRJperlot(BothBuy&Sell) Type:CurrencyDerivatives Currency Derivatives AccountopeningfeesofINRK/ BrokerageofINRL/ perContractoncarryforwardtradesandINRM/ eachsideonsquareupof trades(statutoryandotherchargestobeleviedseparately) NonResidentIndians c%orminINRDore%ontransaction value(BothBUY/SELL)

    OfthetotalcommissionpoolofINRYtoINRZbn,institutionalbrokingcontributestop%ofthepool

    Source:

    SAMPLE S

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    Introduction MarketOverview Drivers and Challenges DriversandChallenges Trends Competition KeyTakeaways Appendix A di

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    Drivers&Challenges Summary

    Drivers
    Risingincomelevels Underpenetrationofequities FranchiseeModelfuelsexpansion FIIsshowingstrongreturn IPOshowingstrongreturn

    Challenges
    RisingrateofFDprovingtobe Rising rate of FD proving to be attractive Globaluncertainties Undercuttingandconsolidation

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    Trends Summary
    Tradinginotherplatforms AdventofforeignandnewIndianplayers HardsellingofDemataccount Hard selling of Demat account
    Key Trends

    StockBrokersforayintorealestatebroking
    MFsposelessriskwheninvestedforalongertem

    Lifetimeoffersbybrokeragehousestolurecustomers

    Tieupsbetweenbigandsmallbrokers
    8

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    Introduction MarketOverview Drivers and Challenges DriversandChallenges Trends Competition KeyTakeaways Appendix A di

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    Public:DomesticCompany Player1(1/3)
    CompanyInformation
    CorporateAddress TelNo. FaxNo. Website YearofIncorporation p TickerSymbol StockExchange HeadOffice

    OfficesandCentres India

    ProductsandServices Products and Services


    Category Category1 Category2 Category 2 A Products/Services

    RegionalOffice Regional Office

    KeyPeople
    Name N Designation D i ti

    SAMPLE SAMPLE
    Source:

    B C D

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    10

    Public:DomesticCompany Player1(2/3)
    FinancialSnapshot i i lS h
    TotalIncome TotalIncome
    150 100 50 0

    KeyRatios K i
    Particulars NetProfit
    15 10 5 0 5

    yoychange (201009)

    2010

    2009

    2008

    NetProfit/Loss

    ProfitabilityRatios
    OperatingMargin NetMargin N tM i ProfitBeforeTaxMargin ReturnonEquity ReturnonCapitalEmployed ReturnonWorkingCapital ReturnonAssets ReturnonFixedAssets R t Fi d A t

    2008

    2009

    2010

    FinancialSummary
    ThecompanyincurredanetlossofINRXmninFY20XX,as comparedtonetprofitofINRYmninFY20XX ThecompanyreportedtotalIncomeofINRAbninFY20XX, registeringanincreaseofbpercentoverFY20XX registering an increase of b per cent over FY 20XX

    CostRatios
    Operatingcosts(%ofSales) Administrationcosts(%ofSales) Interestcosts(%ofSales)

    ThecompanyearnedanoperatingmarginofCpercentinFY20XXa decreaseofdpercentagepointsoverFY20XX ThecompanyreporteddebttoequityratioofZinFY20XX,an increaseofWpercentoverFY20XX

    SAMPLE SAMPLE
    Indicators Value(XX/XX/20XX)

    LiquidityRatios i idi i
    CurrentRatio CashRatio

    LeverageRatios
    DebttoEquityRatio DebttoCapitalRatio InterestCoverageRatio

    KeyFinancialPerformanceIndicators
    MarketCapitalization(INR) TotalEnterpriseValue(INR) EPS(INR) EPS (INR) PERatio(Absolute)
    Source:

    EfficiencyRatios
    FixedAssetTurnover AssetTurnover CurrentAssetTurnover g p WorkingCapitalTurnover CapitalEmployedTurnover
    Improved Decline

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    11

    Public:DomesticCompany Player1(3/3)
    KeyBusinessSegments
    Segment1
    100% 50% 0%

    KeyGeographicSegments
    Segment2
    100%

    Country1 Indiaistheonlygeographic India is the only geographic segmentinwhichPlayer1has beenoperatingforthelastX years

    99.9% 0.1% 20XX

    99.9% 0.1% 20XX

    100.0% 0.0% 20XX

    50% 0%

    100%

    20XX

    KeyRecentDevelopments
    Description News Player1isaleadingstockandcommoditybrokinghousewithacknowledgedindustryLeadershipin
    executionandclearingservices

    Overview

    It is a member of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) through which it ItisamemberoftheNationalStockExchange(NSE)andBombayStockExchange(BSE)throughwhichit
    handlestradingneedsthroughanetworkofexperienceddealersacrossvariouslocations,andthrough theircomprehensivewebenabledservices

    SAMPLE SAMPLE

    Itfacilitatestheinvestmentprocessandalsoprovidesvalueaddedserviceslikeresearch,stockideas, Services
    Source: FINANCIALBROKERAGEMARKETININDIA2012.PPT

    DEMAT,onlinetradingandotherstomaketheinvestmentexperienceeasyandrewarding

    Italsoprovidesresearchandconsultingservicesfortakingtherightinvestmentdecisions

    12

    Private:DomesticCompany Player2(1/3)
    CompanyInformation
    CorporateAddress

    OfficesandCentres India

    TelNo. FaxNo. Website YearofIncorporation HeadOffice 156,117.2

    ProductsandServices Products and Services


    Category Category1 Category2 Category 2 Products/Services

    KeyPeople
    Name N A Designation D i ti

    SAMPLE SAMPLE
    Source:

    B C D
    Note:Thelistofproductsandservicesisnotexhaustive

    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    13

    Private:DomesticCompany Player2(2/3)
    FinancialSnapshot i i lS h
    Total Income INR mn
    1400 1200 1000 800 600 400 200 0

    KeyRatios K i
    Net Profit/Loss INR mn
    250 200 150 100 50 0 -50

    Particulars

    yoychange 2011 (201110)

    2010

    2009

    2008

    ProfitabilityRatios
    OperatingMargin NetMargin ProfitBeforeTaxMargin ReturnonEquity ReturnonCapitalEmployed ReturnonWorkingCapital ReturnonAssets ReturnonFixedAssets

    2008

    2009

    2010

    2011

    CostRatios
    Operatingcosts(%ofSales) Administrationcosts(%of Sales) Interestcosts(%ofSales) Interest costs (% of Sales)

    FinancialSummary
    ThecompanyincurredanetprofitofINRXmninFY20XX,as comparedtonetprofitofINRYmninFY20XX ThecompanyreportedtotalIncomeofINRAbninFY20XX, registeringanincreaseofbpercentoverFY20XX ThecompanyearnedanoperatingmarginofCpercentinFY 20XXadecreaseofdpercentagepointsoverFY20XX ThecompanyreporteddebttoequityratioofZinFY20XX,a decreaseofWpercentoverFY20XX

    LiquidityRatios
    CurrentRatio CashRatio

    SAMPLE SAMPLE

    LeverageRatios
    DebttoEquityRatio DebttoCapitalRatio b i l i InterestCoverageRatio

    EfficiencyRatios
    FixedAssetTurnover AssetTurnover CurrentAssetTurnover WorkingCapitalTurnover CapitalEmployedTurnover
    Improved Decline

    Source: FINANCIALBROKERAGEMARKETININDIA2012.PPT

    14

    Private:DomesticCompany Player2(3/3)
    KeyRecentDevelopments
    Description News Player2isaleadinginvestmentbankofferingawiderangeoffinancialservicesandwealthmanagement l l d b k ff d ff l d lh Overview
    solutionstoinstitutions,corporations,highnetworthindividualsandfamilies 156,117.2 IthasrapidlyexpandeditsfootprinttooverXlocationsacrossIndiawithinternationalpresencein CountryA,CountryBandCountryC

    FundRaising Collaborations

    Player2hascompletedthefirstroundoffundraisingfortherealtyfundithassetupwithFirmB,Y
    Portfolio,collecting~INRCbn

    IthastiedupwithFrenchassetmanagementcompany,Z,tolaunchIndiafocusedquantbased
    alternativeinvestmentsproducts alternative investments products

    AwardsandRecognitions

    Ithasbeenvotedasthe_'byMin20XX Player 2 has been ranked as _byNin20XX Player2hasbeenrankedas by N in 20XX

    Source:

    SAMPLE SAMPLE
    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    15

    Thankyoufortheattention
    TheFinancialBrokerageMarket IndiareportispartofNetscribesFinancialServicesSeries. Formoredetailedinformationorcustomizedresearchrequirementspleasecontact: GauravKumar
    Phone: EMail: +913340646214 gaurav.kumar@netscribes.com

    ResearchonIndiaisaproductofNetscribes(India)Pvt.Ltd.ResearchonIndiaisdedicatedtodisseminatinginformationandprovidingquick Research on India is a product of Netscribes (India) Pvt Ltd Research on India is dedicated to disseminating information and providing quick insightsonhotindustriesinIndiaandotheremergingmarkets.Trackournewreleasesandmajorupdatesintheseindustrieson

    AboutNetscribes Netscribesisaknowledgeconsultingandsolutionsfirmwithclienteleacrosstheglobe.Thecompanysexpertisespansareasofinvestment& g g f g p y p p f businessresearch,business&corporateintelligence,contentmanagementservices,andknowledgesoftwareservices.Atitscoreliesatrue valuepropositionthatdrawsuponavastknowledgebase.Netscribesisaonestopshopdesignedtofulfilclientsprofitability andgrowth objectives. Disclaimer:Thisreportispublishedforgeneralinformationonly.Althoughhighstandardshavebeenusedthepreparation,ResearchonIndia, Disclaimer: This report is published for general information only Although high standards have been used the preparation Research on India Netscribes(India)Pvt.Ltd.orNetscribesisnotresponsibleforanylossordamagearisingfromuseofthisdocument.Thisdocumentisthe solepropertyofNetscribes(India)Pvt.Ltd.andpriorpermissionisrequiredforguidelinesonreproduction.
    FINANCIALBROKERAGEMARKETININDIA2012.PPT

    16

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