Kotak Mahindra Bank Limited · NSE:KOTAKBANK
Kotak Mahindra Bank — Q1 FY2019 Earnings Presentation
37 slides from Kotak Mahindra Bank's earnings presentation, 2018
Slide 1: Investor Presentation Q1FY19
INVESTOR PRESENTATION Q1FY19
Slide 2: Consolidated Highlights Q1FY19
Consolidated Highlights Q1FY19 PAT CAR LOANS BOOK VALUE 18.5%# PER SHARE [19.5%] ` 1,574 cr Tier I ` 213,362 cr ` 273.5 [` 1,347 cr] 18.0%# [` 175,474 cr] [` 239.7] [18.8%] NIM* NETWORTH NET NPA TOTAL ASSETS 4.2% ` 52,124 cr 0.77% ` 345,021 cr [4.5%] [` 45,632 cr] [1.07%] [` 290,178 cr] Figures in [
Slide 3: Consolidated PAT
Consolidated PAT ` cr Q1FY19 Q1FY18 Q4FY18 FY18 Kotak Mahindra Bank 1,025 913 1,124 4,084 Kotak Mahindra Prime 139 132 160 590 Kotak Mahindra Investments 48 45 95 245 Kotak Securities 130 125 134 531 Kotak Mahindra Capital 25 5 25 65 Kotak Mahindra Life Insurance 117 103 114 413 Kotak AMC and TC 51
Slide 4: Entity wise Networth
Entity wise Networth ` cr 30-Jun-18 30-Jun-17 31-Mar-18 Kotak Mahindra Bank 38,538 34,318 37,482 Kotak Mahindra Prime 4,955 4,359 4,816 Kotak Mahindra Investments 1,431 1,082 1,382 Kotak Securities 3,656 3,121 3,527 Kotak Mahindra Capital 534 499 559 Kotak Mahindra Life Insurance 2,355 1,927 2,238 K
Slide 5: Consolidated Advances
Consolidated Advances 30-Jun-18 (` 213,362 cr) Consolidated Advances ` cr 30-Jun-18 30-Jun-17 31-Mar-18 Corporate Banking 66,178 52,479 60,420 CV/CE 16,024 11,442 15,202 Agriculture 21,249 18,563 22,916 Division Business Banking 18,116 17,527 18,269 Auto loans 20,365 18,488 20,115 Home Loans and 34,
Slide 6: Standalone Highlights Q1FY19
Standalone Highlights Q1FY19 PAT NIM* LOANS NET NPA ` 1,025 cr 4.3% ` 176,927 cr 0.86% [` 913 cr] [4.5%] [` 142,359 cr] [1.25%] TOTAL CAR BRANCHES CASA ASSETS 18.3%# 1,391 [19.7%] [1,362] Tier I CUSTOMERS ` 271,489 cr 17.6%# > 14.5 mn 50.3% [` 226,385 cr] [43.9%] [18.9%] [> 9 mn] Figures in [bracket
Slide 7: Profit and Loss Account
Profit and Loss Account ` cr Q1FY19 Q1FY18 Q4FY18 FY18 Net Interest Income 2,583 2,246 2,580 9,532 Other Income 1,165 907 1,151 4,052 Net Total Income 3,748 3,153 3,731 13,584 Employee Cost 720 706 766 2,930 Other Operating Expenses 995 851 947 3,496 Operating Expenditure 1,715 1,557 1,713 6,426 Ope
Slide 8: Segment Performance and Other Income
Segment Performance and Other Income Bank Segmental PBT As per RBI (` cr) Q1FY19 Q1FY18 Q4FY18 FY18 Corporate/Wholesale Banking 645 732 784 2,984 Retail Banking 543 279 500 1,511 Treasury, BMU* & 375 381 427 1,723 Corporate Centre Total 1,563 1,392 1,711 6,218 * Balance Sheet Management Unit Other I
Slide 9: Advances
Advances 30-Jun-18 (` 176,927 cr) Advances ` cr 30-Jun-18 30-Jun-17 31-Mar-18 Corporate Banking 57,683 46,046 52,133 CV/CE 16,024 11,442 15,202 Agriculture Division 21,249 18,563 22,916 Business Banking 18,116 17,527 18,269 Home Loans and LAP 34,005 27,459 32,429 Small Business, PL & 26,210 18,257 2
Slide 10: Deposits
Deposits CASA (` cr) Highlights CASA % 50.3% 43.9% 50.8% CASA and TDs below ` 5 cr constitute 79% of total deposits TDs below ` 1 cr were ` 46,347 cr TD Sweep: 6.9% of total deposits Cost of SA for Q1FY19: 5.61% 1,391 branches as on 30th Jun, 2018 YoY % 59% Avg SA (Qtr) 65,135 40,932 61,22
Slide 11: Balance Sheet
Balance Sheet ` cr 30-Jun-18 30-Jun-17 31-Mar-18 Networth 38,538 34,318 37,482 Deposits 189,744 163,518 192,643 CA 28,742 27,742 32,246 SA 66,621 44,026 65,529 Term Deposits 94,381 91,750 94,868 Of which: TD Sweep 13,111 11,126 11,910 Borrowings 33,494 19,696 25,154 Other Liabilities and Provisions
Slide 12: Digital Platforms
Digital Platforms Highest Rated Banking App in India (4.7 in Apple Store & 4.5 in Google Playstore) “Payments” section launched in Android/iPhone ‘a one stop for all payment needs’. Mobile Banking Transaction crossed 1cr in volume & ` 10,000 Cr in value Q1FY19 Conversational 89% Banking Recurring 67
Slide 13: 811 Digital Bank Account - Highlights
811 Digital Bank Account - Highlights #IndiaInvited :The new campaign with the theme ‘811 is for everyone’ launched focusing on financial inclusion. 44% salaried 91% of customers while 27% self- are 18-40 years of employed age 60% of customers Customers across are from the top 6,700+ PIN codes 20 ci
Slide 14: Payment and Digital Lending Solutions
Payment and Digital Lending Solutions Instant Personal Loan/ Pre Approved Loan Total Payment Gateway 2x YOY increase for digital salaried personal 70% transactions Value growth (Jun’18 loan disbursed v/s Jun’17) 30% of total business under PL is through digital channels Growth in UPI transactions 42
Slide 15: Acquisition and Service through Digital Transformation
Acquisition and Service through Digital Transformation Digital Flagship Kotak Branch Launched @ 12 BKC Mumbai Omnichannel Key Service Requests introduced Corporate Salary Acquisition & across various customer Individual Current A/C Onboarding now touch points like mobile, migrated to Aadhaar based a
Slide 16: Digital Update – Subsidiaries
Digital Update – Subsidiaries Kotak Securities Kotak Life Insurance Individual Policies sourced 78% growth YoY in 84% in Q1FY19 through Genie (Tablet based end to end sales solution) Mobile Cash ADV 95% Business (sales in Q1FY19) comes through Genie for BANCA channel 99% growth YoY in Mobile Total A
Slide 17: Kotak Mahindra Life Insurance
Kotak Mahindra Life Insurance New Business Premium (` cr) Highlights 659 527 1,404 3,404 Individual Regular NBP grew 11.2% over Q1FY18 ULIP Mix 28% for Q1FY19 Individual renewal premium grew 21.7% over Q1FY18 Sum assured increased by 26% over Q1FY18 13th month persistency ratio 85.5% Cla
Slide 18: Kotak Securities
Kotak Securities Market ADV (` ‘000 cr) ADV (` cr) - KS 871 567 864 704 ` cr Q1FY19 Q1FY18 Q4FY18 FY18 Total Income 415 378 448 1,655 Profit Before Tax 196 187 201 796 Profit After Tax 130 125 134 531 Market Share* (%) (YTD) 1.7 1.9 1.9 1.9 *excluding BSE Derivative segment Market Share in Cash Segm
Slide 19: Kotak Mahindra Capital Company
Kotak Mahindra Capital Company Equity Advisory VARROC ENGINEERING LIMITED 100% sale of Vishal Mega Mart by TPG # Initial Public Offering and Shriram Group to Partners Group Undisclosed and Kedaara Capital ` 1,951 cr INDOSTAR CAPITAL FINANCE LIMITED 100% sale of Comstar to Blackstone # Initial Public
Slide 20: Assets Under Management
Assets Under Management Jun 30, 2018 Jun 30, 2017 31% AUM ` 199,193 cr AUM ` 152,209 cr 20
Slide 21: Kotak Mahindra AMC & Trustee Co.
Kotak Mahindra AMC & Trustee Co. Average Assets Under Management (` cr) - Overall Average Assets Under Management (` cr) - Equity ` cr Q1FY19 Q1FY18 Q4FY18 FY18 Highlights Equity AAUM market share rose to Profit Before Tax 77 21 58 170 3.76% in Q1FY19 (Q1FY18: 3.42%) Overall Market share on AAUM
Slide 22: Kotak Mahindra Prime
Kotak Mahindra Prime Customer Assets* (` cr) & NNPA (%) ` cr Q1FY19 Q1FY18 Q4FY18 FY18 NII 271 272 280 1,115 Other Income 57 57 74 256 NII and Other Income 328 329 354 1,371 Profit Before Tax 214 203 244 902 Profit After Tax 139 132 160 590 CAR (%) (incl unaudited profits) 17.7% ROA (%) - annualised
Slide 23: Kotak Mahindra Investments
Kotak Mahindra Investments Customer Assets* (` cr) & NNPA (%) ` cr Q1FY19 Q1FY18 Q4FY18 FY18 NII 72 73 78 304 Other Income 16 7 75 122 NII and Other Income 88 80 153 426 Profit Before Tax 74 69 138 367 Profit After Tax 48 45 95 245 CAR (%) (incl unaudited profits) 19.3% ROA (%) - annualised 2.2 * In
Slide 24: Geographical Presence
Geographical Presence Branches 1,391 [No./%] 2 North 10 418/30% 72 9 52 West East 97 433/31% 85/6% 1 67 56 4 16 1 South 1 455/33% 132 37 9 16 36 Branch Classification 2 17 293 82 6 No of ATMs 106 156 79 2,231 32 24
Slide 25: Group Profile
GROUP PROFILE
Slide 26: The Journey So far…
The Journey So far… Acquired Acquired Bill Investment Mutual Alternate Scheme of BSS Discount Banking Fund Securities Assets Pinebridge MF Microfinance 1985 1991 1998 2001 2004 2014 2017 1990 1992 2000 2003 2008 2015 Auto IPO Life BANK ARC ING Vysya Finance Insurance Merger Kotak Mahindra General In
Slide 27: Kotak - Concentrated India; Diversified Financial Services
Kotak - Concentrated India; Diversified Financial Services KOTAK MAHINDRA BANK Commercial Bank & Holding Company Kotak Kotak Mahindra Kotak Investment Kotak Mahindra Mahindra Kotak Securities Investments Advisors Capital Company Prime ∞ Car Finance ∞ Investments ∞ Alternate Assets ∞ Investment ∞ Sto
Slide 28: Present Across the Entire Value Chain
Present Across the Entire Value Chain Platform with Wide Product Portfolio Corporate Banking Commercial Banking Consumer Banking Non-Banking ∞ Corporate Loans ∞ Agriculture Finance ∞ Auto Loans ∞ Mutual Funds ∞ Trade Finance ∞ Tractor Finance ∞ Home loans, LAP ∞ Alternate Assets ∞ Commercial Real Es
Slide 29: Kotak Uniqueness – Strengths
Kotak Uniqueness – Strengths An integrated Ability to Prudent risk Strong brand Strong and identify and management and governance diversified capitalise on capabilities leadership in culture with business opportunities various experienced model businesses management ∞ Balance sheet, ∞ Relative ∞ Gui
Slide 30: The Path of Leadership
The Path of Leadership Attract & Retain Talent - High degree of stability within Risks Management the management team, many Strong Capital Position have been with the Group for - Extensive on-the-ground over 15 years - Capital adequacy amongst the presence and superior highest in the Indian banking
Slide 31: Bank Awards & Recognition
Bank Awards & Recognition Euromoney Awards for Excellence 2018 - India’s Best Bank Voice Bot (Keya) one of - Best Bank in the Emerging the Best 50 Innovative Markets in the Euromoney Applications in AI Regional Awards NASSCOM AI Game Banker’s Choice Awards: Changer Awards 2018 - Best Cash Mgt Projec
Slide 32: Awards and Recognition
Awards and Recognition Investment Bank of the Early adopter of Analytics Business World Award year – M&A Award Machine conference 2018 Excellence in L&D for 2016 VC Circle Asiamoney Best Bank Awards 2018 The Asset Triple A Country (India) Awards 2017, India • Best for Overall Country • Best IPO Rese
Slide 33: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work DIPAK GUPTA Joined Kotak in 1992; First charge | Senior Manager, Kotak Mahindra Finance Current charge | Joint Managing Director, Kotak Mahindra Bank On being a professional entrepreneur | I used to be an engineer and then a consultant. My first job a
Slide 34: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work D.KANNAN Joined Kotak in 1991; First charge | Assistant Manager, Kotak Mahindra Finance Current charge | President - Commercial Banking, Kotak Mahindra Bank On being a professional entrepreneur | Joined Kotak Mahindra Finance as Assistant Manger and w
Slide 35: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work JAIDEEP HANSRAJ Joined Kotak in 1993; First charge | Assistant Manager, Kotak Mahindra Finance Current charge |CEO – Wealth Management & Priority Banking, Kotak Mahindra Bank On being a professional entrepreneur My first job at Kotak was to garner lia
Slide 36: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work NARAYAN S.A. Joined Kotak in 1991; First charge | Associate Vice President, Kotak Mahindra Finance (Operations); Current charge | President – Group Treasury, Kotak Mahindra Bank On being a professional entrepreneur | In 1996, broking was largely seen
Slide 37: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Kotak Mahindra Bank Limited (the “Bank”) and no part of it shall form the basis of or be relied upon in connection wit
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