IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q1 FY2014 Earnings Presentation
25 slides from IDBI Bank's earnings presentation, July 2013
Slide 1: Presentation to Analysts July 2013
Presentation to Analysts July 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 Significant player in domestic debt syndication. • Played a pivotal role in developing institutions that shaped the country’s financial archi
Slide 4: Distribution Network
Distribution Network • Reach • 1111 branches; 1799 ATMs • 1- Overseas, 282-Metro, 394-Urban, 292-Semi Urban & 142-Rural • Presence in 760 locations • Network of : o 66 Retail Asset Centres o 21 Credit Processing Centres o 6 PSG Processing Centres o 6 Regional Processing Units o 27 Central Clearing U
Slide 5: Highlights (Q1 FY14 over Q1 FY13)
Highlights (Q1 FY 14 over Q1 FY 13) (` in Crore) 178945 191747 1475 516 1317 427 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 7% 4% 16% 24% 16% 28% 167138 183277 1271 417 1132 307 2.12 20.58 2.09 10.09 0.63 18.07 CASA ROE 6.30 0.41 NIM ROA Jun 13 Jun 12 Jun 13 Jun 12 Jun 13 Jun 12 Jun 13 Jun 12 5
Slide 6: Balance Sheet
Balance Sheet (` in Crore) As at 30-Jun-2013 30-Jun-2012 LIABILITIES Ca pi ta l 1333 1278 Res erve & Surpl us 20197 18566 [Net Worth] 19751 17972 Depos i ts 183277 191747 Borrowi ngs 73429 51681 Other Li a bi l i ti e s & provi s i ons 9554 8088 Total 287790 271361 ASSETS Ca s h & ba l a nce wi th R
Slide 7: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended FY Ended Particulars Mar-13 Mar-12 Mar-13 Mar-12 Interest Income 6728 6270 25064 23370 Interest Expenses 5253 4999 19691 18825 Net Interest Income 1475 1271 5373 4545 Other Income 717 520 3220 2112 Total income 2192 1791 8593 6657 Operating Expenses 875 659 3
Slide 8: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended FY Ended Particulars Jun-13 Jun-12 Mar-13 Mar-12 Commission, Excg & Brkg 381 368 2237 1531 Profit on sale of investments 147 16 391 188 Profit/(Loss) on revaluation of investment -4 31 39 -39 Profit on sale of Fixed Assets 0 0 0 -2 Profit on forex/d
Slide 9: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended FY Ended Particulars Jun-13 Jun-12 Mar-13 Mar-12 Staff Cost 490 316 1569 1187 Rent, taxes & lighting 63 63 281 224 Printing & stationery 11 10 39 42 Advertisement & Publicity 5 3 13 26 Depreciation 27 29 124 116 Postage, Telegram, Telephone, e
Slide 10: Key Ratios
Key Ratios Quarter Ended FY Ended Particulars Jun-13 Jun-12 Mar-13 Mar-12 Net Interest Margin (%) 2.12% 2.09% 2.12% 2.02% Return on Assets (%) 0.41% 0.63% 0.69% 0.81% Return on Equity (%) 6.30% 10.09% 10.39% 15.08% Cost of all liabilities (%) 7.03% 7.39% 7.26% 7.48% Yield on Total Assets (%) 9.97% 1
Slide 11: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) 3 0 - Jun- 2 0 13 3 0 - Jun- 2 0 12 Tot al Business [ Dep. + Adv.] 362222 358886 SB Deposit s t o Tot al Deposit s 12.08% 9.18% Current A ccount Deposit s t o Tot al Deposit s 8.49% 8.89% Time Deposit s t o Tot al Deposit s 79.42% 81.93% Book V alue - Rs. 148.19 140
Slide 12: NPAs
NPAs (` in Crore) Particulars Jun-13 Jun-12 Gross Advances 183537 169797 Gross NPAs 7959 5496 Gross NPAs as % of Gross Advances 4.34% 3.24% Total Provisions held* 3992 2018 Net Advances 178945 167779 Net NPAs 3872 3478 Net NPAs as % of Net Advances 2.16% 2.07% Provision Coverage Ratio % 52.76% 41.34
Slide 13: Summary of NPAs as on June 30, 2013
Summary of NPAs as on June 30, 2013 (` in Crore) For the Quarter Gross NPA Provision* Net NPA As on 01.04.2013 6449 3253 3196 Additions (First Time NPA) 1685 830 855 Less: (i) Upgradations 56 16 40 (ii) Recoveries 118 74 44 (iii) Write off 1 1 0 As on 30.06.2013 7959 3992 3966 *Above Provision movem
Slide 14: Classification of NPAs as on June 30, 2013
Classification of NPAs as on June 30, 2013 (` in Crore) % of Provision to Gross NPA Provision NPV Loss Net NPA Gross NPA Sub Standard Assets 2733 675 3 2055 24.79 Doubtful Assets 4840 2931 92 1817 62.46 Loss Assets 386 386 0 0 100.00 Total* 7959 3992 95 3872 51.35 * Excluding Countercyclical Provisi
Slide 15: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore) Particulars Quarter ended FY ended Jun-13 Jun-12 Mar-13 Depreciation on investment 10.27 36.19 145.43 Provision for NPAs 738.94 377.32 1612.94 Provision towards standard assets* 0.00 0.00 172.00 Provision for Restructured Assets (including FITL) 74
Slide 16: Liabilities
Liabilities (` in Crore) Deposits 30-Jun-13 30-Jun-12 Current 15565 17037 Savings 22145 17606 Borrowings 30-Jun-13 30-Jun-12 Term 145567 157104 Tier I 2559 1709 Total 183277 191747 Upper Tier II 4286 4286 Lower Tier II 10280 8916 Flexi Bonds 232 271 Maturity Profile Amount Omni Bonds 10517 13727 Upt
Slide 17: Advances
Advances (` in Crore) Nature 30-Jun-13 30-Jun-12 Vertical Jun-13 Jun-12 Bills 4354 3602 CC, OD,WCDL ETC 41210 38486 CBG 87062.22 80219.66 Term Loans- Other 133381 125050 ICG 45906.76 32284.27 Total 178945 167138 PBG 31947.09 33937.68 Top 20 Borrowers 28251 AGRI 0 15878.3 MSE 0 4810.84 Maturity Profi
Slide 18: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 21764 12259 34023 33464 16350 49814 OIL & GAS/PETROLEUM PRODUCTS 8553 12049 20602 10000 18617 28617 ROADS & BRIDGES / PORTS 12501 5977 18478 15683 11691 27374 IRON AND STEEL 12924 5071 17995 17328 6874 24202 HOME LO
Slide 19: Summary of Restructured Advances as on June 30, 2013
Summary of Restructured Advances as on June 30, 2013 (` in Crore) Particulars PA NPA Total Gross 15260 2330 17590 Less: FITL Provision 808 66 874 14452 2264 16716 Less: Cases considered for Provisioning @ 0.40% 2465 0 2465 Total 11987 2264 14251 19
Slide 20: Restructuring
Restructuring (` in Crore) Industry Outstanding Industry Outstanding AGRO INDUSTRIES 275 METAL INDUSTRY 1 110 AIR TRANSPORT 1 184 MINING AND QUARRYING 51 AQUACULTURE 72 MISC. INDUSTRY 90 CEMENT 112 MOTOR VEHICLES 303 CERAMIC INDUSTRY 108 OIL EXPLORATION 96 CHEMICAL AND FERTILIZERS 74 OTHER SERVICES
Slide 21: PA to NPA out of Restructured Advances as on June 30, 2013
PA to NPA out of Restructured Advances as on June 30, 2013 (` in Crore) Industry Outstanding Industry Outstanding AGRO INDUSTRIES 96 MINING AND QUARRYING 20 AIR TRANSPORT 696 MISC. INDUSTRY 5 AQUACULTURE 4 MOTOR VEHICLES 55 CEMENT 5 OTHER SERVICES 16 CHEMICAL AND FERTILIZERS 2 PAPER 7 EDUCATION 33 P
Slide 22: Investments
Investments (` in Crore) Category HTM AFS HFT Total Government securities 53398 3708 453 57559 SASF Securities 4941 0 0 4941 Shares (Equity) 0 2671 14 2685 Shares (Preference) 0 688 0 688 Debentures/ Bonds 10 7202 0 7213 Subsidiaries / Joint 619 0 0 619 Ventures Security Receipts 0 77 0 77 Others (C
Slide 23: List of Some Strategic Investments
List of Some Strategic Investments Percentage Name of Company Holding IDBI CAPITAL MARKET SERVICES LIMITED 100.00 IDBI INTECH LIMITED 100.00 IDBI MF TRUSTEE COMPANY LTD. 100.00 IDBI ASSET MANAGEMENT LTD. 55.56 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48.00
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Percentage Name of Company Holding PONDICHERRY INDUSTRIAL PROMOTION DEVELOPMENT AND INVT CORP LTD 21.14 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 25: Thank You
@ DBI BANK Thank You