Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q1 FY2024 Earnings Presentation
35 slides from Bank Of Maharashtra's earnings presentation, Jul 19, 2023
Slide 1: Letter to Stock Exchanges: Investor Presentation
AX1/ISD/STEX/30/2023-24 Date: 19th July, 2023 The General Manager, The Vice President, Department of Corporate Services, Listing Department, BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai -
Slide 2: Financial Results Quarter Ended June 30th 2023
FINANCIAL RESULTS Quarter Ended June 30th 2023
Slide 3: Contents
Contents Page 1. Major Highlights 3 2. Business Performance 4-6 3. Financial Performance 7 – 17 4 Asset Quality 18 - 24 5. Capital 25 - 26 6. Digital Banking 27 - 28 7. Financial Inclusion 29 8. Expanding Footprints 30 9. Other Information 31 - 33 2 www.bankofmaharashtra.in /mahabank
Slide 4: Major Highlights
Major Business Financial Asset Quality Capital Highlights Performance Performance (Y-o-Y) (Q: Jun` 23 vis-à-vis Q: Jun` 22) Net Profit Operating Profit NIM % Return on Assets Total Business Increased by Increased by Increased by 95.19 % 55.04 % 3.86 (3.28) 1.33 (0.81) 24.84 % Total Deposits Savings
Slide 5: Business Performance: Total Business
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Business ( ₹ in Crore ) Last 5 Quarters (%) 24.84 % (Y-o-Y) 4,50,000 100 4,20,041 4,09,202 4,00,000 95 3,65,398 3,36,470 3,44,065 3,50,000 90 3,00,000 85 2,50,000 80 2,00,000 75 1,50,000 70 1,00,000 50,000 65 - 6
Slide 6: Business Performance: CASA Deposit and Gross Advances
Major Highlights Business Financial Asset Quality Capital Performance Performance CASA Deposit Gross Advances Last 5 Quarters 13.37 % (Y-o-Y) (%) Last 5 Quarters 24.98 % (Y-o-Y) (%) ( ₹ in Crore ) ( ₹ in Crore ) 1,40,000 70 2,00,000 100 1,24,961 1,24,547 1,75,120 1,75,676 1,80,000 1,20,000 90 1,09,8
Slide 7: Business Performance: Investments
Major Highlights Business Financial Asset Quality Capital Performance Performance Investments (Quarterly) M Duration (AFS+HFT) (Quarterly) ( ₹ in Crore ) 80,000 74,329 72,379 3.0 70,731 68,116 69,215 70,000 60,000 2.5 50,000 2.0 1.81 40,000 1.5 1.40 30,000 1.29 1.34 1.22 20,000 1.0 10,000 - 0.5 Jun`
Slide 8: Financial Performance: Profitability
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) Operating Profit ( ₹ in Crore ) (Quarterly) 55.04 % (Y-o-Y) (Quarterly) Net Profit 95.19 % (Y-o-Y) 1,855 1,863 1,000 2,000 882 840 1,580 775 1,600 1,462 800 1,400 1,162 1,179 1,202 600 535
Slide 9: Statement of Income and Expenditure
Major Highlights Business Financial Asset Quality Capital Performance Performance Statement of Income and Expenditure ( ₹ in Crore ) Quarter Ended Year Ended Particulars Jun`22 Mar`23 Jun`23 Y-o-Y (%) Mar`23 Total Income 3,774 5,317 5,417 44 18,179 Interest Income 3,457 4,495 4,789 39 15,898 Non-Int
Slide 10: Interest Earnings and Non-Interest Income
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Earnings Non-Interest Income ( ₹ in Crore ) (Quarterly) Quarter Ended ( ₹ in Crore ) Year Ended 4,789 Particulars Y-o-Y % 4,900 4,495 Jun`22 Mar`23 Jun`23 Mar`23 4,129 4,200 3,815 Comm. from Advances 106 176 1
Slide 11: Interest Expenses and Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Expenses Operating Expenses ( ₹ in Crore ) (Quarterly) ( ₹ in Crore ) (Quarterly) 3,000 1,250 1,154 2,449 1,105 2,500 2,308 1,040 2,149 1,000 927 1,928 2,000 1,772 801 750 1,500 500 1,000 250 500 - - Jun`22 Se
Slide 12: Other Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ in Crore ) Quarter Ended Year Ended Particulars Jun`22 Mar`23 Jun`23 Y-o-Y (%) Mar`23 Rent, Taxes & Lighting 58 67 64 10 248 Printing & Stationery 5 12 5 4 26 Advertising & Publicity 5 11 6
Slide 13: Provisions & Contingencies
Major Highlights Business Financial Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ in Crore ) Quarter Ended Year Ended Particulars Jun`22 Mar`23 Jun`23 Mar`23 Prov for Non Performing Assets 637 545 539 2,253 Prov for Standard/Restructured Assets (257) 280 212 (114) Prov
Slide 14: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Cost of Deposits (%) Cost of Funds (%) 4.5 3.8 3.70 3.61 3.62 4.2 4.06 3.6 3.95 3.44 3.76 3.81 3.32 3.31 3.9 3.4 3.27 3.69 3.61 3.18 3.54 3.6 3.46 3.2 3.3 3.0 3.0 2.8 Sep`21 Dec`21 Mar`22
Slide 15: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Cost to Income (%) 49 45.63 46 44.76 43 39.96 39.99 39.69 40 38.82 38.34 37.23 37 34 Sep`21 Dec`21 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 Yield on Investments (%) 6.6 6.34 6.37 6.4 6.
Slide 16: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Return on Assets (%) Return on Equity (%) 1.8 30 26.32 24.41 23.73 1.5 1.30 1.32 1.33 25 18.32 1.2 20 16.75 0.92 0.81 13.49 13.96 0.9 0.65 15 11.45 0.53 0.60 0.6 10 0.3 5 0.0 0 Sep`21 Dec
Slide 17: Assets & Liabilities – An Overview
Major Highlights Business Financial Asset Quality Capital Performance Performance Assets & Liabilities – An Overview ( ₹ in Crore ) Assets Jun`22 Mar`23 Jun`23 Cash & Balance with RBI 13,761 18,508 21,172 Balances with Bank & Call Money 294 21 566 Total Investments (Net of Depreciation & Provision)
Slide 18: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Financial Asset Quality Capital Performance Performance Credit Portfolio – Balanced Loan Growth ( ₹ in Crore ) Growth RETAIL CREDIT Particulars Jun`22 Mar`23 Jun`23 (Y-o-Y) % Particulars Jun`22 Mar`23 Jun`23 Growth (Y-o-Y) % Gross Advances 1,40,561 1,75,120 1,75,676 24.63 T
Slide 19: Funded Exposure to Selected Sectors & Industries
Major Highlights Business Financial Asset Capital Performance Performance Quality Funded exposure to selected sectors & industries with total exposure (more than 1%) – June` 23 Vehicle Loans 1.14% Petroleum, Coal Products & Nuclear Fuels 1.22% All Engineering 1.25% Top 3 selected sectors are Chemica
Slide 20: External Rating-wise Advances – Above 25 Cr
Major Highlights Business Financial Asset Capital Performance Performance Quality External Rating-wise Advances – Above 25 Cr ( ₹ in Crore ) Jun`22 Mar`23 Jun`23 Particulars No. of % of O/s No. of % of O/s No. of % of O/s O/s Amount O/s Amount O/s Amount Borrowers Amount Borrowers Amount Borrowers A
Slide 21: Improved Asset Quality
Major Highlights Business Financial Asset Capital Performance Performance Quality Improved Asset Quality ( ₹ in Crore ) Jun`22 Sep`22` Dec`22 Mar`23 Jun`23 Particulars % of Gross % of Gross % of Gross % of Gross % of Gross Amount Amount Adv. Adv. Amount Adv. Amount Adv. Amount Adv. Standard 1,35,301
Slide 22: Gross & Net NPA, Provision Coverage Ratio
Major Highlights Business Financial Asset Capital Performance Performance Quality Gross & Net NPA (%) Provisions Coverage Ratio (%) 5.56 97.18 98.28 98.37 6.0 100 95.04 96.06 93.77 94.79 4.73 92.38 5.0 93 3.94 3.74 90.44 90.2 4.0 3.4 86 2.94 84.95 3.0 2.47 79 80.76 2.28 76.43 76.86 1.73 75.04 2.0 1.
Slide 23: Movement of NPA, Sector-wise Credit Deployment & NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Movement of NPA ( ₹ in Crore ) Sector-wise Credit Deployment & NPA ( ₹ in Crore ) Last 5 Quarters Jun`22 Mar`23 Jun`23 Particulars Particulars Sector Sector Sector Sector Sector Sector Jun`22 Sept`22 Dec`22 Mar`23 Jun`
Slide 24: Retail and MSME Sector NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ in Crore ) Jun`22 Mar`23 Jun`23 Particulars Sector Sector Sector Sector Sector Retail Sector NPA % Advances Sector NPA Advances Advances NPA % NPA NPA % NPA NPA % 0.94 Total Retail Credit 36,117
Slide 25: Restructuring of Advances
Major Highlights Business Financial Asset Capital Performance Performance Quality Restructuring of Advances ( ₹ in Crore ) Sector-wise COVID Restructuring under RP 1.0 as on 30.06.2023 RP Invoked RP Implemented Balance (as on 30.06.22) RP Implemented Balance (as on 31.03.23) RP Implemented Balance (
Slide 26: Capital Adequacy
Business Financial Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) 20 Particulars Jun`22 Mar`23 Jun`23 18.14 18.07 17.53 18 16.48 16.71 16.15 RWA for Credit Risk 80,696 96,823 99,432 16 14.67 14.85 14.25 14.36 14 13.47 12.89 RWA for Market Risk 5,696 3,495 4,860 1
Slide 27: Equity Holding & Ratios
Business Financial Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Domestic Companies; Mutual funds/ 0.76% UTI; 0.38% Individuals; Particulars Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 5.51% FIIs, NRIs and OCBs; 0.84% No. of Shares (in crore) 673.05 673.
Slide 28: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints ATM Card Base (Mio.) UPI/BHIM Users (Mio) 13.8 2.60 13.57 2.57 2.56 13.5 13.38 2.56 13.20 2.53 13.2 13.04 2.52 2.49 12.9 2.48 12.65 2.45 12.6 2.44 12.3 2.40 12.0 2.36 Jun`22 Sept`2
Slide 29: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints Digital transaction (%) Internet Banking Users (Lakhs) QR Merchant Onboarding (Lakhs) 97.2 27 12 10.91 11.00 25.20 10.14 10.48 96.92 96.96 97.0 25 24.13 10 22.96 96.8 23 21.73 8 96
Slide 30: Financial Inclusion
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima 77 Yojana 55.2 56 75 74.1 72.7 51 47.3 73 71.8 71.6 46 70.5 42.2 71 40.6 41 38.6 69 36 6
Slide 31: Expanding Footprints
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Bank plans to have atleast one branch in every district of the country. No. of Branches Category Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 Metro 484 488 501 518 545 Urban 419 431 448 477 490 Semi Urban 521
Slide 32: Environmental, Social & Governance (ESG) Initiatives
Digital Banking Financial Expanding ESG Products, Services & Inclusion Footprints Initiatives Awards MAHA Environmental, Social &GREEN PEHAL Governance (ESG) Initiatives (AN ESG INITIATIVE) Green Finance Tree Plantation & E-Waste Paperless Banking > Bank has introduced a Green Energy > Bank has star
Slide 33: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 32 www.bankofmaharashtra.in /mahabank
Slide 34: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards Retail Bank of the Year Technology Winner Award Best Innovation in User 2023 in the BFSI Technology Experience of the Year at at India Banking Awards 2023 by Indian India Banking Summit & Summit & Aw
Slide 35: Thank You
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