quarterly financial results 30.06.2019 analyst presentation · 2019-12-17 · analyst presentation...
TRANSCRIPT
Analyst Presentation
1
Quarterly Financial Results
30.06.2019
2
Government of India 89.46
Bank & FI s
(Including Life
Insurance Corporation
of India)
6.21
FII s 0.26
Insurance Cos.
(Other than LIC) 0.16
Other Body Cos. 0.54
Public (Resident
Individuals & HUF) 3.18
NRIs 0.02
Others 0.17
Government of India
Bank & FI s
FII s
Insurance Cos.
Other Body Cos.
3
Total
Branches 4659
Rural 1604
Semi Urban 1345
Urban 827
Metro 883
ATMs 3304
Rural, 1604, 34.43%
Semi Urban, 1345, 28.87%
Urban, 827,
17.75%
Metropolitan, 883,
18.95%
Bank made turn around and earned Net Profit of
Rs.118 Cr after
successive losses during
last 14 quarters
(from Dec 2015).
CASA share in Total Deposits
has improved
from 42.72% as at the end
of June 2018 to
45.45% as at the end
of June 2019.
Total Deposits increased by Rs.4,186
Cr and stood at
Rs 2,97,781 Cr as on June 2019 as compared to
Rs.2,93,595 Cr as at the end of June 2018
High Cost Deposits have
reduced to Rs.58 Cr from
Rs.776 Cr reflecting decline of
92.52% on YoY basis
Net NPA has declined to 7.98% from 10.58% for
the same quarter last year. Net NPAs in absolute terms has also declined to Rs.11,441 Cr
from Rs.16,086 Cr in June 2018
PCR as at June’2019 stands at 76.85 % as
against 66.42% as at same
quarter last year
4
5
CASA Deposits have increased by Rs.9,915 crore to Rs.1,35,344 crore reflecting YoY growth
of 7.90%.
Core Deposits have registered growth of Rs.4,904 crore (1.67%) on YoY basis and reached
the level of Rs.2,97,723 crore.
Gross Advances stood at Rs.1,65,102 crore as against Rs.1,74,940 crore in June
2018.Technical Write off of Rs.8,919 Crore has primarily contributed to the decline of
Rs.9,838 Crore (5.62%) and moderation of Advances due to Capital constraints etc.
Total Business of the Bank, stood lower at Rs.4,62,883 crore primarily due to reduction in
High Cost/Bulk Deposits (Rs.718 crore),Technical write Offs (Rs.8,919 crore),and moderation
of Advances due to Capital constraints etc.
Operating Profit for the quarter has increased from Rs.384 crore in June’18 to Rs.1,104
crore in june’19.
Bank has earned Net Profit of Rs.118 crore during the quarter as against Loss of
Rs.1,522 crore during corresponding quarter previous year.
Gross NPA stood at 19.93% as against 22.17% in June 2018 and 19.29% in the immediately
preceding quarter ended March 2019.
Net Interest Margin(NIM) for the quarter has improved to 2.62% from 2.54% in FY2019.
The Bank’s CRAR (BASEL-III) has improved from 8.05% in June 2018 to 9.58% in June 2019.
Capital Infusion of Rs.6,582 crore by Govt of India and Rs.213 crore under ESPS in 2018-19
(ESPS allotment done May 2019).
Business per Empolyee has improved to Rs.13.11 crore from 12.65 crore on YoY basis.
6
2.62 2.61
2.34
2.54
2.20
2.30
2.40
2.50
2.60
2.70
QE 30June 2019
QE 30June 2018
QE March2019
YE March2019
Net Interest Margin
57.00
79.71
44.69
65.96
0.00
20.00
40.00
60.00
80.00
100.00
QE 30June2019
QE 30June2018
QE March2019
YE March2019
Cost to Income Ratio
1500
1550
1600
1650
1700
1750
1800
1850
QE 30 June 2019 QE 30 June 2018 QE March 2019
Axis
Tit
le
Net Interest Income
1678
1790
1603
0
50
100
150
200
250
300
350
400
QE 30 June 2019 QE 30 June 2018 QE March 2019
Liquidity Coverage Ratio (%)
340.03
246.58
294.64
7
5
5.05
5.1
5.15
5.2
5.25
5.3
QE 30 June 2019 QE 30 June 2018 QE March 2019
Cost of Deposits
5.25
5.13
5.10
6.5
6.6
6.7
6.8
6.9
7
7.1
7.2
7.3
7.4
7.5
QE 30 June 2019 QE 30 June 2018 QE March 2019
Yield on Advances
7.34 7.39
6.81
-3.5
-3
-2.5
-2
-1.5
-1
-0.5
0
0.5
QE 30 June 2019 QE 30 June 2018 QE March 2019
Return on Assets
-1.85 0.15 -2.96
2.20
5.64
10.52
6.33 5.26
7.18
0.00
2.00
4.00
6.00
8.00
10.00
12.00
QE 30 June 2019 QE 30 June 2018 QE March 2019
Credit Cost & Slippage Ratio
Credit Cost Slippage Ratio
8
Rs. in Cr
297781
293595
299855
290000
292000
294000
296000
298000
300000
302000
Jun’30, 2019 Jun’30, 2018 Mar’31, 2019
Total Deposits
135344
125429
138555
115000
120000
125000
130000
135000
140000
June 30,2019 30-Jun-18 March 31,2019
CASA
45.45%
42.72%
46.21%
Current 4.57%
Savings 40.88% Core Time
Deposit 54.53%
High Cost Deposit 0.02%
June 30,2019 Current 4.64%
Savings 38.08%
Core Time Deposit 57.02%
High Cost Deposit 0.26%
June 30,2018
9
Rs. in Cr
165102
174940
167729
160000
170000
180000
Jun’30, 2019 Jun’30, 2018 Mar’31, 2019
Advances (Gross)
SECTORS QE 30 June 2019 QE 30 June 2018 YoY Growth (%)
RETAIL 47618 47978 -0.75
AGRICULTURE 33969 33370 1.80
MSME 32783 31170 5.17
CORPORATE 50732 62422 -18.73
Total Gross Advance 165102 174940 -5.62
RETAIL 29%
AGRICULTURE 20%
MSME 20%
CORPORATE 31%
QE 30 June 2019
RETAIL 27%
AGRICULTURE 19%
MSME 18%
CORPORATE 36%
QE 30 June 2018
RAM:69% RAM:64%
10
Rs. in Crore
Gross NPAs :
June 30,2019
(Qtr.)
June 30, 2018
(Qtr.)
Mar. 31, 2019
(Qtr.)
Mar.31,2019
(F/Yr.)
Opening Gross NPAs 32356 38131 35333 38131
Slippage of PA to NPAs 2141 1831 1790 7992
Increase in balance of
existing NPAs 92 1106 534 2336
Sub Total 34589 41068 37657 48459
Less:
Up gradation 434 535 140 567
Recovery 715 1304 1992 5089
Sale of NPA 0 0 0 0
Regular write-off 134 451 1101 1853
Technical write-off 397 0 2020 8522
Recovery by adjustment of
Credit Bal Held in nominal
a/cs/ DICGC, ECGC claims
received
1 0 48 72
Sub Total 1681 2290 5301 16103
Gross NPAs 32908 38778 32356 32356
% of Gross NPAs to Gross
Advances 19.93 22.17 19.29 19.29
11
Particulars 30-Jun-19 30-Jun-18 31-Mar-19
Gross Advances 165102 174940 167729
Net Advances 143454 152064 146525
Gross NPA 32908 38778 32356
Net NPA 11441 16086 11333
Gross NPA % 19.93 22.17 19.29
Net NPA % 7.98 10.58 7.73
0
50000
100000
150000
200000
Gross Advances Net Advances Gross NPAs Net NPA
30-Jun-19 30-Jun-18 31-Mar-19
12
Sectorwise
SMA 1 & SMA 2
Q1FY20
Q1FY19
FY19
Corporate
3433.09 5371.71 2121.31
SME
5146.77 6923.29 5297.01
AGRI 1623.98 1889.96 1611.80
RETAIL
5442.04
5632.41
5395.95
Total 15645.88 19817.37 14426.07
129Accounts Admitted to NCLT
Rs. 18270.22cr
NPA accounts where
ICA signed/ likely to be
signed
Rs. 4838.10cr
6 Standard accounts
where ICA signed/ likely
to be signed Rs. 2502.42 cr
Rs.15656.53 Cr 85.69%
Rs.3271.68 Cr
Fund based O/S
52 Accounts filed in NCLT but
yet to be admitted Rs. 7844.46cr
Rs.6497.16 Cr 82.82 %
Provision Coverage Ratio (%)
13
14
76.85 66.42
76.60 65.24 58.52 64.97
0.00
20.00
40.00
60.00
80.00
100.00
June 30,2019 30-Jun-18 March 31, 2019
Provision Coverage Ratio (PCR) with TWO
Provision Coverage Ratio (PCR) without TWO
6.33 5.26
7.15
0.00
2.00
4.00
6.00
8.00
QE 30 June 2019 QE 30 June 2018 YE March 2019
6.05%
7.49%
7.58%
2.00%
2.12%
2.00%
June 18 Mar 19 June 19
TIER II
CET1/TI
ER I
9.61% 9.58%
CRAR
8.05%
• “Credit Risk Weighted Assets on Advances to Gross Advances” - Jun 18: 76.82%, Jun 19: 73.30%.
• “TRWAs to Total Asset” ratio - Jun 18: 50.69%, Jun 19: 45.04%.
15
Particulars
Qtr ended
Q1-FY-20
over Q1-FY-19 Qtr ended FY ended
June’19 June’18 Amt % Mar’19 Mar’19
Total Income 6493 5905 588 9.96 6621 25052
Total Expenditure 5389 5521 -132 -2.39 5102 21925
Net Interest Income 1790 1678 112 6.67 1603 6773
Operating Profit 1104 384 720 187.50 1519 3127
Total Provisions 986 1906 -920 -48.27 3996 8768
Net Profit / (Loss) 118 -1522 1640 107.75 -2477 -5641
NIM (%) 2.62 2.61 2.34 2.54
Return on Assets (%) 0.15 -1.85 -2.96 -1.70
(Rs. In Crore)
16
Particulars
Qtr ended Q1-FY-20
over Q1-FY-19 Qtr ended FY ended
June ’19 June ‘18 Amt % Mar ‘19
Mar ‘19
Interest Income 5714 5692 22 0.39 5477 22639
(i) Advances 3069 3328 -259 -7.78 2946 12950
(ii) Investments 2422 1982 440 22.20 2340 8454
(iii) Call money/
Balances
with banks
89 255 -166 -65.10 100 873
(iv) Others 134 127 7 5.51 91 362
Non Interest Income 779 213 566 265.73 1144 2413
Total Income 6493 5905 588 9.96 6621 25052
17
(Rs. In Crore)
Particulars
Qtr ended Q1-FY-20
over Q1-FY-19 Qtr ended FY ended
June 19 June 18 Amt % March 19 March 19
NON-INTEREST INCOME
TOTAL 779 213 566 265.73 1144 2413
Commission, Exchange &
Brokerage 337 259 78 30.12 361 1203
Trading Profit on Investments 233 -264 497 188.26 281 215
Recovery in Written off a/cs 73 121 -48 -39.67 354 557
Profit on Exchange Transactions 18 15 3 20.00 59 110
Rent on Lockers 67 38 29 76.32 37 141
ATM Interchange fee 28 30 -2 -6.67 25 117
Other Misc. Income
23 14 9 64.29 27 70
18
(Rs in crore)
Particulars
Qtr ended Q1-FY-20
over Q1-FY-19 Qtr ended FY ended
June 19 June 18 Amt % March 19 March 19
A)Interest Expended 3924 4014 -90 -2.24 3874 15866
i) Deposits 3783 3843 -60 -1.56 3756 15276
ii) RBI/Interbank
Borrowings 2 1 1 100.00 1 5
iii) Intt on Sub-
ordinate Debts 113 105 8 7.62 103 448
iv) Int on Borrowing/
Refinance* 26 65 -39 -60.00 14 137
B) Optg.Expenses 1465 1507 -42 -2.79 1228 6059
i) Establishment 883 966 -83 -8.59 546 3565
ii) Others 582 541 41 7.58 682 2494
Total Expenses (A+B) 5389 5521 -132 -2.39 5102 21925
19
(Rs. In Crore)
20
Particulars
Qtr ended Q1-FY-20
over Q1-FY-19 Qtr ended FY ended
June 19 June 18 Amt % March 19 March 19
OPERATING PROFIT 1104 384 720 187.50 1519 3127
Less: PROVISIONS 986 1906 -920 -48.27 3996 8768
i) NPA 921 2540 -1619 -63.74 4564 11030
ii) Restructured A/cs -16 -135 119 88.15 -66 -425
iii) Investment 201 502 -301 -59.96 270 984
iv) Standard Assets -19 -3 -16 -533.33 -89 -115
v) Unhedged exposure FCE 0 1 -1 -100.00 0 -1
v)Others -53 -137 84 61.31 55 -176
vi) Taxes -48 -862 814 94.43 -738 -2529
Net Profit/ (Loss) 118 -1522 1640 107.75 -2477 -5641
(Rs. In Crore)
21
Modified Duration: 2.16 Modified Duration: 2.99
Total Investments Book
Jun 19
Jun 18
Domestic Investments 1,32,569 1,11,879
- of which- SLR 1,00,514 82,435
Foreign Offices Investments - -
Whole Bank Investments 1,32,569 1,11,879
Break up of Domestic Investments (%)
JUN 19 JUN 18
G-Sec & T-Bill, 26.63%
SDL, 33.53%
CP, 19.43%
Corporate Bond, 6.52%
Others, 13.90%
(Rs in crore)
G-Sec & T-Bill, 44.62%
SDL, 33.36%
CP, 6.82%
Corporate Bond, 5.52%
Others, 9.69%
57% 61%
43% 39%
AFS
HTM
June 19 June 18
AFS Book
21
22
Total ATMs- 3304
Transactions
Through Alternative
Channel- 9394 lac
Figures in lac
36.64
43.25
13.60
20.08
1.85
4.14
0.00 10.00 20.00 30.00 40.00 50.00
(in lac)
(in lac)
20
18
20
19
30
-Ju
n3
0-J
un
UPI Mobile Banking Net Banking
Composition of Digital Transactions Count
453 310 474 519 292
3714
739 845
7345
1891
480 649 154
425
4168
754 1010
9532
0
2000
4000
6000
8000
10000
12000Period July 2017 to June 2018 Period July 2018 to June 2019
(Amount in Lakh)
23
*
UPI 6% IMPS
4% Internet Banking
6% debit
card(POS) 7%
AEPS 4%
ATM 51%
RTGS/NEFT 10%
Other Digital Mode
(NACH, PFMS,
NREGA, TAX COLL
etc) 12%
Composition of
Digital
Transactions
Count
July -17 to June 18
UPI 20%
IMPS 5%
Internet Banking
7%
debit card(POS)
2%
AEPS 4%
ATM 44%
RTGS/NEFT 8%
Other Digital Mode
(NACH, PFMS,
NREGA, TAX COLL etc)
10%
Compositio
n of Digital
Transactio
ns Count
July -18 to June 19
24
Digital Penetration for June Quarter 2019-20
• Processing 7.21 lakhs transactions per day
• Handled 6.5 crores transactions during the Quarter
• Number of UPI-VPA users: 4.14 lakhs UPI
• No. of cards issued during the Quarter 15.76 lakhs
• Processing 2.40 lakh transactions (POS/Ecom) per day Debit Card
• Number of Users : 43.25 lakhs
• Processing 1.94 lakhs transactions per day INB
• Number of ATM : 3304
• Processing 11.42 lakhs transactions per day ATM
• Number of Users : 20.08 lakhs
• Processing 18250 transactions per day Mobile Banking
25
Customer Touch Points
3664
1360
185
4808
4325
2008
414
3304
0
1000
2000
3000
4000
5000
6000
Internet Banking (in '000) Mobile Banking ((in '000) UPI users ((in '000) Number of ATMs
July 2017-June 2018 July 2018-June 2019
26
Financial Inclusion
5349
6628
1.08
Q1FY19 Q1FY20
Transactions Amount No. of Transactions
Transactions in BC Channel
(No. & Amt. in Crores)
No. of BC Outlets:6387
46 RSETI, 152 Training Programmes held, 4212 Youth Trained. 48 Financial Literacy Centres (FLC)
PM Suraksha Bima Yojana: 38.86 Lakh; PM Jeevan Jyoti Bima Yojana: 12.58Lakh; Atal Pension Yojana: Lakh 6. .6 5 (In Nos.)
Accounts & Amount in FI Channel
(No. in Crores)
No. of Accounts
2.05 1.87
1.15
1.37
0.72
0.68
Jun 18 Jun 19
PMJDY Others
Jun 18 Jun 19
Deposits (Rs. In Crs) 2639.81 3364.80
Average Balance (Rs.) 1407 1643
1.30
27
28
Particulars AS AT AS AT
30-Jun-2019 30-Jun-2018
Rs. Rs.
CAPITAL & LIABILITIES
Capital 4126 2618
Reserves and Surplus 15325 14078
Minorities Interest 45 41
Share Application Money Pending Allotment 0 0
Deposits 298243 294101
Borrowings 5094 5723
Other Liabilities and Provisions 8362 9680
TOTAL 331195 326240
ASSETS 0 0
Cash and Balances with Reserve Bank of India 26477 33032
Balances with Banks and Money at Call and Short Notice 674 274
Investments 128563 108780
Loans & Advances 144390 152996
Fixed Assets 4341 4316
Other Assets 26740 26834
Goodwill on Consolidation 9 9
TOTAL 331195 326240
(Rs. in Cr)
29
THANK YOU