Idbi Bank Limited · NSE:IDBI
Idbi Bank — Q3 FY2022 Earnings Presentation
42 slides from Idbi Bank's earnings presentation, Jan 21, 2022
Slide 1: Exchange filing cover letter
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Slide 2: Investors Presentation Financial Results Q3 FY 2021-22
INVESTORS PRESENTATION FINANCIAL RESULTS Q3 - FY 2021-22 January 21, 2022 Page 1
Slide 3: Disclaimer
Disclaimer The information in this presentation is being provided by IDBI Bank Limited (referred to as ‘the Bank’). The information contained in this presentation is confidential and may not be copied, published, distributed, transmitted or advertised in any media, website or otherwise. By attending
Slide 4: Content
Content 1 Highlights 2 Financial Performance 3 Business Performance 4 Treasury Operations 5 Asset Quality 6 Capital 7 Digital Banking and Financial Inclusion 8 Subsidiaries 9 Way Forward Page 3
Slide 5: Highlights
Highlights Page 4
Slide 6: Major Highlights for Q3 FY 2022 – Continued Balance Sheet Strengthening
Major Highlights for Q3 FY 2022 – Continued Balance Sheet Strengthening PAT - Rs.578 crore Operating Profit NII - Rs.2383 crore NIM – 3.88% PBT - Rs.966 crore Rs.1768 crore Cost to Net Income Ratio Total CRAR – 16.75% Total RWA Cost of deposit 3.50% -43.59% @ Tier 1 Capital -14.13 % Rs.1,51,113 Cror
Slide 7: Key Metrics for Q3 FY 2022
Key Metrics for Q3 FY 2022 Profitability - Strong operating momentum PAT at Rs.578 crore, up by 53% YoY and 2% QoQ PBT at Rs.966 crore, up by 15% YoY and 25% QoQ Operating Profit at Rs. 1768 crore, up by 3% YoY and 31% QoQ NII at Rs.2383 crore, grew by 31% YoY and 29% QoQ NIM for Q3 FY 22
Slide 8: Key Metrics for Q3 FY 2022 (contd.)
Key Metrics for Q3 FY 2022 (contd.) Asset Quality - Improving Trend Net NPA at 1.70%, improved by 24 bps YoY GNPA at 20.56%, improved by 296 bps YoY PCR stood at 97.10%, improved by 2 bps YoY Capital - Adequately Capitalised Tier 1 Capital at 14.13%, up by 191 bps YoY and 13 bps QoQ Total
Slide 9: Financial Performance
Financial Performance Page 8
Slide 10: Profit & Loss
Profit & Loss (Rs.Crore) Quarter ended Variance Nine Month Ended Particulars Variance % FY 21 Dec-20 Sep-21 Dec-21 YoY% QoQ% Dec-20 Dec-21 Interest Income 4572 4154 4625 1 11 14157 13696 (3) 19938 Interest Expenses 2754 2301 2242 (19) (3) 8873 6954 (22) 11414 Net Interest Income 1818 1853 2383 31 29
Slide 11: Interest Income & Interest Expense
Interest Income & Interest Expense (Rs.Crore) Quarter ended Variance Nine Month Ended ` Variance% FY21 Dec-20 Sep-21 Dec-21 YoY% QoQ% Dec 20 Dec 21 Interest Income Interest on Advances 2915 2667 2785 (4) 4 8918 8851 (1) 11819 Interest on Invest. including bal. with RBI & Other Inter Bank 1439 1329 1
Slide 12: Profitability
Profitability (Rs.Crore) 565 64 160 (66) (77) (284) 578 53% 378 +31% -20% +8% +22% -8% -17% PAT Q3 FY21 Net Interest Income Other Income Employee Cost Other Op. Cost Prov. & Contg. Tax PAT Q3 FY22 (Excl. Tax) 1458 944 417 225 (113) (83) 1749 106% 847 +28% +12% -5% +10% +42% -8% PAT 9M FY21 Net Inter
Slide 13: Provisions & Contingencies
Provisions & Contingencies (Rs.Crore) Quarter ended Variance Nine Month Ended Particulars Variance FY21 Dec-20 Sep-21 Dec-21 YoY QoQ Dec-20 Dec-21 Depreciation on Investment (34) (62) 59 93 121 1114 870 (244) 2022 Provision – NPAs 49 (1426) 940 891 2366 (1451) (287) 1164 (2571) Provision – Standard
Slide 14: Yield Ratios (cumulative)
Yield Ratios (cumulative) Yield on Advances NIM 4.06% 3.65% 3.38% 11.11% 3.54% 9.53% 9.97% 2.79% 9.67% 9.49% Dec 20 FY 21 Jun 21 Sep 21 Dec 21 Dec 20 FY 21 Jun 21 Sep 21 Dec 21 Cost To Net Income 51.67% 43.29% 43.59% 46.24% 32.30% Dec 20 FY 21 Jun 21 Sep 21 Dec 21 Page 13
Slide 15: Cost of Funds & Cost of Deposits (cumulative)
Cost of Funds & Cost of Deposits (cumulative) Cost of Deposits 4.41% 4.29% 3.72% 3.66% 3.61% Dec 20 FY 21 Jun 21 Sep 21 Dec 21 Cost of Funds 4.69% 4.56% 3.98% 3.93% 3.88% Dec 20 FY 21 Jun 21 Sep 21 Dec 21 Page 14
Slide 16: Business Performance
Business Performance Page 15
Slide 17: Balance Sheet
Balance Sheet (Rs.Crore) As at Dec-20 Sep-21 Dec-21 LIABILITIES Capital 10752 10752 10752 Reserve & Surplus 25545 27230 27807 Deposits 224399 223323 222578 Borrowings 30647 15386 16291 Other Liabilities & Provisions 11331 14003 13821 Total 302674 290694 291249 ASSETS Cash & Balance with RBI 9066 122
Slide 18: Business Performance
Business Performance Total Deposit CASA 0.81% YoY CASA Deposits 54.64% 54.69% 224399 CASA Share 223323 0.33 % QoQ 222578 48.97% 122012 121738 109880 Dec 20 Sep 21 Dec 21 Dec 20 Sep 21 Dec 21 Deposit Mix Deposit Mix 51.03% 45.36% 45.31% -14% QoQ 28774 14651 12657 56% YoY Time Deposits to Total Deposi
Slide 19: Business Performance
Business Performance Saving Deposits Retail Deposits 14% YoY 3% YoY 2% QoQ 2% QoQ 80881 88182 79236 86659 70952 85746 Dec 20 Sep 21 Dec 21 Dec 20 Sep 21 Dec 21 Current Deposits Bulk Deposits 5% YoY 56% YoY 4% QoQ 14% QoQ 42777 28774 40858 14651 12657 38927 Dec 20 Sep 21 Dec 21 Dec 20 Sep 21 Dec 21 P
Slide 20: Business Performance and Advances
Business Performance and Advances Gross Advances Structured Retail Assets Retail Advances Agri Advances MSME Advances Corporate Housing Loan Loan Against Property Auto Loan Education Loan Personal Loan 582 514 540 1058 997 999 40% 37% 37% 1869 1775 1810 12819 12343 12446 8% 12% 13% 59123 60093 61412
Slide 21: Priority Sector
Priority Sector (Rs.Crore) Dec 20 Mar 21 Dec 21 Growth over Particulars Amount % of ANBC Amount % of ANBC Amount % of ANBC March-21 1 2 3 4 5 6 7 (8)=[(6)-(4)] ANBC 164885 169317 151635 Priority Sector Advances (a+b+c) 69525 42.17 69334 40.95 73231 48.29 3897 (a) Agriculture (i+ii+iii+iv) 29964 18.1
Slide 22: Treasury Operations
Treasury Operations [@)IDBI BANK] Pave 21
Slide 23: Investments
Investments (Rs.Crore) AFS BREAKUP Category Dec-20 Sep-21 Dec-21 4097 HTM 55519 55661 57437 2797 AFS 26736 22853 20440 732 HFT 528 380 424 Total 82783 78894 78301 12814 Government securities Shares (Equity& Preference) Debentures/ Bonds Modified Duration of AFS Portfolio CPs/CDs/MF/VCF/PTC'S,Securit
Slide 24: Asset Quality
Asset Quality | @)IDBI BANK] Pese2s
Slide 25: COVID-19 – Provision Details
COVID -19 – Provision Details (Rs.Crore) Particulars Sep-21 Dec-21 In QE March 2020 247 247 In QE June 2020 116 116 COVID Second Wave (Additional provision in QE March 2021) 500 500 COVID Restructuring in QE June 2021/ Sep 2021/ Dec 2021 484 484 Total COVID 19 Provision held 1347 1347 Page 24
Slide 26: Asset Quality
Asset Quality PCR improved to 97.10% (Dec 2021) from 97.08% (Dec 2020) (Rs.Crore) Particulars Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Gross Advances 159663 161901 156698 157506 167317 Gross NPAs 37559 36212 35594 34408 34405 Gross NPAs as % of Gross Advances 23.52 22.37 22.71 21.85 20.56 Total Provisions
Slide 27: NPA Movement
NPA Movement (Rs.Crore) DESCRIPTION Q3 FY 21 Q4 FY 21 FY 21 Q1 FY 22 Q2 FY 22 Q3 FY 22 Opening Balance 41091 37559 47272 36212 35594 34408 Add: a. First Time NPA @- #2281 2382 1332 1438 1639 b. Increase in existing NPA 35 74 250 245 103 201 Less: c. Settled 736 1233 4518 587 1436 297 d. Up-gradation
Slide 28: NCLT – Summary
NCLT – Summary (Rs.Crore) NCLT Admitted PCR % DA 3 and Loss DA 2, DA 1 & SSA TWO 45364 100% 100% 100% 100% 29629 27923 893 9337 8104 14842 RBI List 1 RBI List 2 Others Total RBI List 1 RBI List 2 Others Total Asset Class of NCLT Cases Filed But Not Admitted PCR% Filed By 13688 13668 100% 11831 81% 7
Slide 29: SMA Position
SMA Position (Rs.Crore) SMA 0 SMA 1 SMA 2 8441 7860 7007 6385 5024 4693 3715 3191 2956 2555 2466 2700 2349 2298 2367 2319 2290 1940 1759 1535 1621 1582 946 821 Feb-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Corporate Retail 5735 5826 5146 5928 4141 3867 2706 2034 1239 1079 883 826 Feb-20 Dec-20 Mar-21 Ju
Slide 30: Capital
Capital | @) IDBI BANK |
Slide 31: Capital Adequacy
Capital Adequacy (Rs.Crore) Particulars Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 CET 1+CCB (Rs.) 19444 @ 20572 21044 21295 21359 AT 1 (Rs.) - - - - - Tier 1 Capital (Rs.) 19444 20572 21044 21295 21359 Tier 2 Capital (Rs.) 4051 3981 4004 3932 3953 Total Capital (Rs.) 23495 24553 25048 25227 25312 RWA (Rs.)
Slide 32: Shareholding Pattern
Shareholding Pattern (Rs.Crore) Dec 2020 Dec 2021 2.99% 2.29% 0.40% 4.88% 45.48% 45.48% 49.24% 49.24% LIC GOI FI/FPI/Banks/MF/Insurance Others LIC GOI FI/FPI/Banks/MF/Insurance Others Particulars Dec-20 Dec-21 Book Value (Rs. per share) Rs.27.86 Rs.30.17 Market Capitalisation Rs.33,440 Cr Rs.49,891
Slide 33: Digital Banking & Financial Inclusion
Digital Banking & Financial Inclusion Page 32
Slide 34: Digital Footprint
Digital Footprint Customer Induced Financial Transaction Analysis YTD Dec 2020 YTD Dec 2021 UPI ATM Cash withdrawl 1.95% 0.69% Branch Manual Transactions 2.67% Debit Card 2.74%1.28% 1.88% 3.57% Branch Initiated Digital Transactions 5.02% 3.91% 6.19% Internet Banking 5.52% NACH 91% customer 94% custo
Slide 35: Digital Footprint for Q3 FY 2022
Digital Footprint for Q3 FY 2022 Internet Banking Users (In Lakhs) BHIM UPI Users (In Lakhs) Mobile Banking Users (In Lakhs) 128.31 48.56 38.32 37.98 118.74 33.90 Dec-20 Dec-21 Dec-20 Dec-21 Dec-20 Dec-21 Debit Cards (In lakhs) Merchant Base (In lakhs) Payment Acceptance Channels 1 10% 1 130.63 2.48
Slide 36: Financial Inclusion
Financial Inclusion PMJDY ACCOUNTS Total PMJDY A/c (lakh) Aadhar Seeding under PMJDY 6.60 (Lakhs) 8.54 RuPaycards issued (Lakhs) 7.07 8.51 8.49 8.48 Sub Service Areas (Number) 490 8.45 Villages Covered (Number) 484 Dec, 2020 Mar, 2021 Jun, 2021 Sep, 2021 Dec, 2021 Transactions through Individual Bus
Slide 37: Financial Inclusion
Financial Inclusion MUDRA Yojana as on Dec 31, 2021 Sanction Outstanding (Rs.crore) 2263 1772 1436 884 120 58 Shishu (No. of A/c - 59895) Kishor (No. of A/c - 66040) Tarun (No. of A/c - 35888) Enrolment under Social security Scheme as on Dec 31, 2021 APY Subscription (in lakh) PMSBY Enrolments (in l
Slide 38: Subsidiaries
Subsidiaries | @) IDBI BANK |
Slide 39: Subsidiaries
Subsidiaries (Rs.crore) Income PAT RoA Net Worth Name of Company % Holding Line of Activity 9M FY 2022 9M FY 2022 9M FY 2022 9M FY 2022 78.61 15.73 5.59% 328.50 IDBI Capital Market & Securities Ltd 100 Merchant Banking & Retail Broking (62.96) (3.25) (1.25%) (308.50) 107.02 11.08 10.00% 98.03 IDBI I
Slide 40: Way Forward
Way Forward | @) IDBI BANK |
Slide 41: Looking Ahead: Focus Area
Looking Ahead : Focus Area Explore avenues to grow corporate credit book, especially in the mid-corporate segment Focus on maximising fee income and maintaining NIM in line with industry Benchmark >3%. Credit cost and net slippages ratio to be below 1.75% and 3% respectively on sustained basis as CO
Slide 42: Thank You
THANK YOU www.idbibank.in = W@idbibank [FADBIBank © @idbibankofficial © CMVoulube/idbibank —[f\/idbibank By fet Free Nos 1800.209-4324 1 1800-22-1070. TA IDBI BANK] Paves