icici bank projections
DESCRIPTION
Where will be ICICI in next 5 years.TRANSCRIPT
Presented By:Arpan Shah
Chanda KochharMD & CEO
K V KamathChairman
It is the second largest bank in India by assets and third largest by market capitalization.
The Bank has a network of 2,883 branches and 10,021 ATM's in India
Presence in 19 countries, including India.United Kingdom, Russia, and Canada etc.
Currently Market Price around 1170 Rs on BSE
Introduction
1955 The Industrial Credit and Investment Corporation of India Limited (ICICI) was incorporated at the initiative of World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses.
1994 ICICI established Banking Corporation as a banking subsidiary.
Later, ICICI Banking Corporation was renamed as 'ICICI Bank Limited'.
History
1997
The bank introduced electronic funds transfer facility.
The Bank offered 150,00,000 No. of equity shares of Rs 10 each a premium of Rs 25 per share to ICICI.
The Bank offered for sale 412,50,200 No. of equity shares of Rs 10 each at a price of Rs 35 per share
1998
- ICICI Bank, introduced Internet banking in India.
2000
ICICI Bank became the first Indian bank to list on the New York Stock Exchange with its $175-million American depository shares issue .
The Bank of Madura (BOM) got merged with ICICI Bank.
ICICI Bank has become one of the largest private sector banks in India.
Historic Data
5 x
5 x
5 x
Net Interest Income 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net Interest Income
14.45 21.85 29.32 39.07 56.37 73.04 83.67 81.14 90.17 107.3
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
14.4521.85
29.32
39.07
56.37
73.04
83.67 81.1490.17
107.3
Net Interest Income
8 x
Earnings per Share 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Earnings Per Share
19.7 26.7 27.6 32.5 34.8 39.4 33.8 36.1 45.3 56.1
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
19.7
26.7 27.632.5
34.839.4
33.836.1
45.3
56.1
Earnings Per Share
3 x
Total Assets 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Total Assets
1068.1 1252.29 1676.59 2513.89 3446.58 3997.95 3793.01 3634 4062.34 4736.47
1 2 3 4 5 6 7 8 9 10
1068.121252.29
1676.59
2513.89
3446.58
3997.953793.01 3634
4062.34
4736.47
Total Assets
4.5 x
Equity Capital & Reserves 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Equity Capital & Reserves
69.33 80.1 125.5 222.06 243.13 464.71 495.33 516.18 550.9 604.1
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
69.33 80.1125.5
222.06 243.13
464.71495.33 516.18
550.9604.1
Equity Capital & Reseves
9 x
Capital Adequacy Ratio 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Capital Adequacy
Ratio11.1% 10.4% 11.8% 13.4% 11.7% 14.0% 15.5% 19.4% 19.5% 18.5%
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
11.1% 10.4%11.8%
13.4%11.7%
14.0%15.5%
19.4% 19.5% 18.5%
Capital Adequacy Ratio
70%
Non Performing Assets 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2019-10 2010-11
NPA 8.72 4.7 4.27 1.51 2.08 3.3 4.32 6.52 5.8
2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2019-10 2010-11
8.72
4.74.27
1.512.08
3.3
4.32
6.525.8
NPA -40%
MARKET CAP 129,527.06 Cr P/E 16.35 Net worth 60,405.25 Cr DIV (%) 165.00% EPS 68.68
Net profit for 3rd quarter 2012 rose to Rs. 2,250 crore against Rs. 1,728 crore in the corresponding quarter a year ago
30% increase
Current Scenario
Advances increased by 16%
From 2,46,157 crore to 2,86,766 crore
The year-on-year growth in retail advances was 17%
Credit growth
The Bank maintained its current and savings account (CASA) ratio at 40.9% as compared to 40.7% of previous quarter.
Savings account deposits were 81,463 crore
Current account deposits were 35,674 crore
CASA deposits increased by 2,718 crore
Deposit Growth
1QY13 4QY12
Treasury -21 158
Advances 268,430 253,728
Deposits 267,794 255,500
Credit-to-Deposit Ratio(%) 100.2 99.3
Current deposits (cr) 30,754 34,973
Saving deposits (cr) 77,923 76,046
CASA deposits 1,08,677 1,11,019
CASA Ratio(%) 40.6 43.5
Gross NPAs(Cr) 9,817 9,475
(%) 3.5 3.6
Basel Norms
Under Basel II
Under Basel III
Capital Adequacy Ratio Requirement 8% 10.50%
Capital Adequacy Ratio
Capital adequacy as at December 31, 2012
INR in billions
Tier - 1 capital 570.76
Tier - 2 capital 270.52
Total capital funds of the Bank 841.28
Total capital required 387.73
Tier -1 Capital Adequacy Ratio 13.25%
Tier -2 Capital Adequacy Ratio 6.28%
Total Capital Adequacy Ratio 19.53%
ICICI Venture is asset management Company
The firm is a wholly owned subsidiary of ICICI Bank The largest private sector financial services group in India
Para Banking Activity
ICICI Lombard GIC Ltd. is a joint venture between ICICI Bank and Fairfax Financial Holdings Limited, a Canada financial services company
Engaged in general insurance, reinsurance, insurance claims management and investment management.
ICICI Securities Ltd is an integrated securities firm
Offers investment banking, institutional broking, retail broking, private wealth management, and financial product distribution.
ICICI Prudential Life Insurance between ICICI Bank and Prudential plc, a leading international financial services group headquartered in the United Kingdom.
ICICI Direct
ICICI Foundation
Disha Financial Counseling
ICICI Prudential AMC & Trust
Projection
FY12 FY13E FY14E
Growth(%) 17.1 16.6 19.2
EPS 56.1 68.7 82
Total Asset 473647 551148 655427Total Liabilities 437647 551,148 655427
Deposits 255500 296380 364547
13.30% 16% 23%
Net Interest Income 10734 13706 16635 19% 27.70% 21.40%
Credit Growth 20% 23%
Deposit Growth 16% 23%
CASA Ratio 43.40% 43.30%
Net Profit 6465 7915 9451 25.50% 22.40% 19.40%
Exceeding Requirement of Basel 3
Very Aggressive
Growth Oriented
Able to Digest huge Loss & NPAs
Conclusion
Thank You