IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q4 FY2013 Earnings Presentation
27 slides from IDBI Bank's earnings presentation, April 2013
Slide 1: Presentation to Analysts April 2013
Presentation to Analysts April 2013
Slide 2: Genesis
Genesis 1964- 1964-1976 1994- 1994- 00 2003 - 06 2007- 2007- 13 Set up by an IDBI Act amended IDBI Repeal Act Complete Networking (100% Act of to permit private passed in Core Banking) Parliament in ownership upto December 2003 Name changed to IDBI Bank 1964 as a 49%. for conversion to a Ltd subsidi
Slide 3: Status as Leading DFI
Status as Leading DFI • Leading provider of long term finance o Played an apex role in helping create the industrial and infrastructural base in the country o Total Investments generated – ` 4000 billion (approx.) (over USD 80 bn) o Significant player in domestic debt syndication. • Played a pivotal
Slide 4: Distribution Network
Distribution Network • Reach • 1077 branches; 1702 ATMs • 1- Overseas, 274-Metro, 388-Urban, 282-Semi Urban & 132-Rural • Presence in 742 locations • Network of : o 73 Retail Asset Centres o 33 MSME Processing Centres o 22 Agri Processing Centres o 6 Regional Processing Units o 26 Central Clearing U
Slide 5: Highlights (Q4FY over Q4FY 12)
Highlights (Q4FY 13 over Q4FY 12) (` in Crore) 196306 227116 1440 875 1594 771 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 9% 8% 19% 34% 32% 28% 180572 210493 1211 653 1204 554 2.19 25.12 24.10 21.95 1.17 CASA ROE 2.07 ROA NIM 11.73 0.78 Mar 13 Mar 12 Mar 13 Mar 12 Mar 13 Mar 12 Mar 13 Mar 12 5
Slide 6: Highlights (FY over FY 12)
Highlights (FY 13 over FY 12) (` in Crore) 196306 227116 5373 2463 5458 2032 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 9% 8% 18% 44% 35% 7% 180572 210493 4545 1715 4050 1882 2.12 25.12 15.08 2.02 24.10 10.39 0.81 CASA ROE NIM ROA 0.69 Mar 13 Mar 12 Mar 13 Mar 12 Mar 13 Mar 12 Mar 13 Mar 12 6
Slide 7: Balance Sheet
Balance Sheet (` in Crore) As at 31-Mar-2013 31-Mar-2012 LIABILITIES Capital 1333 1278 Reserve & Surplus 19903 18149 [Net Worth] 19443 17544 Deposits 227116 210493 Borrowings 65809 53478 Other Liabilities & provisions 8608 6919 Total 322769 290316 ASSETS Cash & balance with RBI 10544 15090 Bal. with
Slide 8: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended FY Ended Particulars Mar-13 Mar-12 Mar-13 Mar-12 Interest Income 6397 6079 25064 23370 Interest Expenses 4957 4869 19691 18825 Net Interest Income 1440 1211 5373 4545 Other Income 1147 787 3220 2112 Total income 2587 1997 8593 6657 Operating Expenses 993 793
Slide 9: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended FY Ended Particulars Mar-13 Mar-12 Mar-13 Mar-12 Commission, Excg & Brkg 805 577 2237 1531 Profit on sale of investments 157 27 391 188 Profit/(Loss) on revaluation of investment -14 22 39 -39 Profit on sale of Fixed Assets 0 0 0 -2 Profit on forex/
Slide 10: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended FY Ended Particulars Mar-13 Mar-12 Mar-13 Mar-12 Staff Cost 534 383 1569 1187 Rent, taxes & lighting 89 75 281 224 Printing & stationery 10 12 39 42 Advertisement & Publicity 4 4 13 26 Depreciation 41 30 124 116 Postage, Telegram, Teleph., etc
Slide 11: Key Ratios
Key Ratios Quarter Ended FY Ended Particulars Mar-13 Mar-12 Mar-13 Mar-12 Net Interest Margin (%) 2.19% 2.07% 2.12% 2.02% Return on Assets (%) 0.78% 1.17% 0.69% 0.81% Return on Equity (%) 11.73% 21.95% 10.39% 15.08% Cost of all liabilities (%) 6.97% 7.42% 7.26% 7.48% Yield on Total Assets (%) 10.60%
Slide 12: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) 3 1- M a r- 2 0 13 3 1- M a r- 2 0 12 To t al Bus ines s [Dep . + Ad v.] 423423 3 9 10 6 5 SB Dep o s it s t o To t al Dep o s it s 10 .4 6 % 9 .0 3 % Current Acco unt Dep o s it s t o To t al Dep o s it s 14 .6 6 % 15.0 7% Time Dep o s it s t o To t al Dep o s it s
Slide 13: NPAs
NPAs (` in Crore) Particulars Mar-13 Mar-12 Gross Advances 200135 182799 Gross NPAs 6450 4551 Gross NPAs as % of Gross Advances 3.22% 2.49% Total Provisions held* 3253 1640 Net Advances 196306 181158 Net NPAs 3100 2911 Net NPAs as % of Net Advances 1.58% 1.61% Provision Coverage Ratio % 53.67% 41.19
Slide 14: Summary of NPAs as on March 31, 2013
Summary of NPAs as on March 31, 2013 (` in Crore) For the Quarter Gross NPA NPA Provision & NPV Net NPA Loss As on 01.01.2013 6401 2956 3446 Additions (First Time NPA) 907 933 -26 Less: (i) Upgradations 197 56 141 (ii) Recoveries 289 111 178 (iii) Write off 371 371 0 As on 31.03.2013 6450 3350 3100
Slide 15: Classification of NPAs as on March 31, 2013
Classification of NPAs as on March 31, 2013 (` in Crore)) % of Provision to Gross NPA Provision NPV Loss Net NPA Gross NPA Sub Standard Assets 2144 576 3 1565 26.87 Doubtful Assets 4109 2480 93 1536 60.37 Loss Assets 197 197 0 0 100.00 Total* 6450 3253 96 3100 50.44 * Excluding Countercyclical Provi
Slide 16: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore)) Particulars Quarter ended FY ended Mar-13 Mar-12 Mar-13 Mar-12 Depreciation on investment 78.06 22.39 145.43 -60.27 Provision for NPAs 297.78 58.42 1612.94 645.54 Provision towards standard assets* 40.00 87.00 172.00 231.87 Provision for Restructu
Slide 17: Liabilities
Liabilities (` in Crore) Borrowings 31-Mar-13 31-Mar-12 Deposits 31-Mar-13 31-Mar-12 Tier I 2559 1709 Current 33289 31722 Upper Tier II 4286 4286 Savings 23760 19002 Lower Tier II 10296 9032 Term 170067 159768 Flexi Bonds 246 336 Total 227116 210493 Omni Bonds 10971 13909 Refinance/Borrowings 15034
Slide 18: Advances
Advances (` in Crore) Vertical Mar-13 Mar-12 Nature Mar-13 Mar-12 ICG 46174 32529 Bills 4619 3222 CBG 100018 90383 CC, OD,WCDL ETC 50885 45979 AGRI 11359 18906 Term Loans- Other 140803 131371 PBG 32703 30472 Total 196306 180572 MSE 5400 8193 Top 20 Borrowers 36840 RECRY 652 675 Total 196306 181158 N
Slide 19: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 19546 13042 32589 31361 17932 49293 OIL & GAS/PETROLEUM PRODUCTS 9296 9417 18714 11837 13066 24903 HOME LOANS 24115 0 24115 24811 0 24811 IRON AND STEEL 11771 5014 16785 15254 8417 23671 ROADS & BRIDGES / PORTS 8465
Slide 20: Summary of Restructured Advances as on March 31, 2013
Summary of Restructured Advances as on March 31, 2013 P a rtic ula rs PA NP A(` inTo ta l Crore) Gross 15092 2026 17119 Le s s : FITL Provision 842 33 875 14 2 5 0 19 9 3 16 2 4 3 Le s s : Ca se s c onside re d for Provisioning @ 0.40% 2679 0 2679 To ta l 115 7 1 19 9 3 13 5 6 4 20
Slide 21: Restructuring
Restructuring (` in Crore) Net Net Net Net Industry Outstanding Outstanding Industry Outstanding Outstanding 2013 2012 2013 2012 Agro Industries 304 230 Jewellery Mfg 26 42 Air Transport 1 187 1 445 Metal Industry 1 119 877 Aquaculture 74 0 Mining and quarrying 51 8 Art 0 34 Misc. Industry 90 4 Ceme
Slide 22: PA to NPA out of Restructured Advances as on March 31, 2013
PA to NPA out of Restructured Advances as on March 31, 2013 (` in Crore) Net Net Net Net Industry Outstanding Outstanding Industry Outstanding Outstanding 2013 2012 2013 2012 Agro Industries 116 76 Jewellery Mfg 0 8 Air Transport 696 696 Metal Industry 41 225 Aquaculture 4 0 Mining and quarrying 19
Slide 23: Investments
Investments (` in Crore) Category HTM AFS HFT Total Government securities 51878 13315 1048 66241 SASF Securities 4941 0 0 4941 Shares (Equity) 0 2746 38 2785 Shares (Preference) 0 713 0 713 Debentures/ Bonds 10 6002 35 6047 Subsidiaries / Joint Ventures 619 0 0 619 Security Receipts 0 62 0 62 Others
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding IDBI CAPITAL MARKET SERVICES LIMITED 100.00 IDBI INTECH LIMITED 100.00 IDBI MF TRUSTEE COMPANY LTD. 100.00 IDBI ASSET MANAGEMENT LTD. 66.67 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48.00
Slide 25: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding PONDICHERRY INDUSTRIAL PROMOTION 21.14 DEVELOPMENT AND INVT CORP LTD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 19.21 ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED 19.18 STOCK HOLDING CORPORATION OF INDIA LIMITED 18.95 OTC EXCHANGE
Slide 26: Summarised Financial Information of the Subsidiaries
Summarised Financial Information of the Subsidiaries (` in Crore) Particulars IDBI Capital IDBI Asset IDBI MF IDBI IDBI Market Services Management Trustee Intech Trusteeship Ltd. Company Ltd Company Ltd. Services Ltd. Ltd. Capital 1 28 90 0 13 6 Reserves 1 84 ( 65) 0 16 74 Total Assets 3 47 30 1 45
Slide 27: Thank You
@ DBI BANK Thank You