Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2020 Earnings Presentation
36 slides from Bank Of Maharashtra's earnings presentation, December 2019
Slide 1: Financial Results
8 3 WERIsS Bank of Maharashtra UR GRO HI STA Cem uaz em aa www.bankofmaharashtra.in
Slide 2: Quarter highlights
Operating profit increased by 95% to Rs 842 crore Net profit increased to Rs 135 crore as against loss of Rs 3764 crore Net Interest Income increased by 36% Net Interest Margin (NIM) improved to 2.86% as against 2.41% Cost to Income Ratio reduced to 48.31% as against 66.34% CASA stood at
Slide 3: Consistent Growth
Operating Profit [Qtr] Net Profit [Qtr] 900.00 842 150.00 135 752 115 700.00 658 110.00 81 501 72 500.00 432 70.00 300.00 30.00 100.00 1 -10.00 Dec 18 Mar 19 Jun 19 Sep 19 Dec 19 Dec 18 Mar 19 Jun 19 Sep 19 Dec 19 Operating Profit Net Profit Consistent Growth 3 www.bankofmaharashtra.in @mahabank
Slide 4: Profit and loss summary
Quarter Ended Growth 9 Months Ended Growth Particulars Dec 18 Sep 19 Dec 19 Y-o-Y Dec 18 Dec 19 Y-o-Y Total Income 3056 3296 3459 13.16% 9236 9946 7.69% Total Expenses 2625 2544 2617 (0.30%) 7540 7694 2.05% Operating Profit 432 752 842 94.96% 1696 2252 32.75% Provisions & Contingencies other 4422 35
Slide 5: Net Interest Income and NIM
Quarter Ended Change 9 Months Ended Change Particulars Dec 18 Sep 19 Dec 19 Y-o-Y Dec-18 Dec-19 Y-o-Y Net Interest Income 872 1073 1186 35.99% 2734 3256 19.12% NIM (%) 2.41 2.77 2.86 2.50 2.68 NII(QTR) NIM (QTR %) 1600 3.00 2.86 2.77 1186 2.64 2.59 1200 1000 1073 997 872 2.41 2.50 800 400 2.00 Dec 1
Slide 6: Interest income
Quarter Ended Change 9 Months Ended Particulars Dec 18 Sep 19 Dec 19 Y-o-Y Dec 18 Dec 19 Interest on Advances 1663 1616 1693 1.80% 4926 4832 Interest on Investment 879 1088 1098 24.88% 2671 3214 Other Interest Income 104 196 226 116.93% 477 644 Total Interest Income 2646 2900 3016 13.99% 8074 8689 I
Slide 7: Other income
Quarter Ended Change 9 Months Ended Particulars Dec 18 Sep 19 Dec 19 Y-o-Y Dec-18 Dec-19 Comm., Exchange & 169 196 202 19.11% 533 581 Brokerage Recov ery in written off 42 85 155 270.68% 195 293 accounts Miscellaneous Income 89 7 (4) 131 31 Total Fee Based & Other 300 288 353 17.70% 859 905 Income (
Slide 8: Interest expenses
Quarter Ended Change 9 Months Ended Particulars Dec 18 Sep 19 Dec 19 Y-o-Y Dec-18 Dec-19 Interest on Deposits 1685 1710 1687 0.13% 5071 5087 Other Interest Exp. 89 117 143 61.52% 269 346 Total Interest Exp 1773 1827 1830 3.20% 5341 5433 Interest Expenses(9 Months) Interest Expenses(QTR) 5433 1850 18
Slide 9: Operating expenditure
Quarter Ended Change 9 Months Ended Expenditure Item Dec 18 Sep19 Dec 19 Y-o-Y Dec 18 Dec 19 Staff Expenses 512 397 436 (14.73%) 1333 1263 of which AS 15 Provision 215 87 120 (43.96%) 300 315 Other Operating Expenses 339 320 350 3.21% 866 998 Total Operating 851 717 787 (7.58%) 2199 2262 Expenditure
Slide 10: Total Non-interest Expenses
Expenditure Item Quarter Ended 9 Months Ended (Excl Staff Exp) Dec 18 Sep 19 Dec 19 Dec 18 Dec 19 Rent , t axes, light ing 52.93 55.18 53.07 155.94 160.96 Print ing & St at ionery 3.89 4.77 4.19 12.28 13.06 Advt . & Publicit y 6.55 4.18 7.13 12.86 13.91 Depreciat ion on fixed asset s 81.48 49.93 56.
Slide 11: Provisions and contingencies
Quarter Ended 9 Months Ended Particulars Dec 18 Sep 19 Dec 19 Dec 18 Dec 19 Non Performing Assets 4538 404.02 794.06 6990.00 2235.52 Standard/Restructured Assets (25.00) (39.81) 37.40 (119.00) (100.87) Depreciation on Investments (140.00) 5.43 22.63 92.00 23.04 Non-performing Investment (12.00) 1.00
Slide 12: Cost of deposits, yield on advances and investments
Cost of Deposit, Yield on Advance & Yield on Cost of funds & Yield on funds [Qtr %] Investment [Qtr %] 7.50 7.02 8.50 6.76 6.77 6.77 6.90 7.58 7.66 7.68 7.66 7.43 7.50 7.29 7.34 7.19 7.31 7.18 6.50 5.50 5.50 4.53 4.33 4.33 4.34 4.26 4.50 5.01 4.93 4.88 4.91 4.81 3.50 3.50 Dec 18 Mar 19 Jun 19 Sep 19
Slide 13: Key ratios
Quarter Ended 9 Months Ended Particulars Dec 18 Sep 19 Dec 19 Dec-18 Dec-19 Cost of Deposits (%) 5.01 4.91 4.81 5.01 4.87 Yield on Advances (%) 7.58 7.43 7.66 7.68 7.36 Yield on Investments (%) 7.29 7.31 7.18 7.22 7.28 Cost of Funds (%) 4.53 4.34 4.26 4.52 4.31 Yield on Funds (%) 6.76 6.90 7.02 6.84
Slide 14: Balance sheet
As on LIABILITIES Dec 18 Sep 19 Dec 19 Capital 2598 5824 5824 Reserves and Surplus 2489 4741 4875 Deposits 136002 141440 141986 Borrowings 3461 5120 7820 Other Liabilities & Provisions 7197 3286 2937 TOTAL 151747 160412 163442 ASSETS Cash and Balances with Reserve Bank of 7474 7059 7527 Balances wit
Slide 15: Steady Business Growth
As on Growth Particulars Dec 18 Sep 19 Dec 19 Y-o-Y Total Business 225596 232847 235867 4.55% Deposits 136002 141440 141986 4.40% of which CASA 63756 68212 68246 7.04% CASA Share (%) to Total Deposit 46.88% 48.23% 48.07% Gross Advances 89594 91406 93882 4.79% Gross Investment 51542 60303 60521 17.42
Slide 16: CASA
CASA 69830 70000 68212 68246 66801 67000 63756 64000 61000 58000 Dec 18 Mar 19 Jun 19 Sept 19 Dec 19 Stable CASA Deposits Healthy CASA Ratio above 48% 16 www.bankofmaharashtra.in @mahabank
Slide 17: Credit Portfolio
Credit Portfolio As on Growth Particulars Dec 18 Sep 19 Dec 19 Y-o-Y Gross Advances 89594 91406 93882 4.79% of which Retail Sector 18762 19809 21366 13.88% Agriculture Sector 14944 15164 15601 4.40% MSME Sector 15070 14357 16074 6.66% Total RAM 48776 49330 53042 8.75% Corporate & Others 40818 42077
Slide 18: Funded Exposure To Selected Sectors
Funded Exposure To Selected Sectors Sector Dec 18 Sep 19 Dec 19 CRE 2323 2163 2149 NBFC 8296 12370 11789 I nfra. 7962 9251 8748 of which Power 3808 4350 4135 Telecom 11 0 0 Roads 2765 2583 3009 Ports 337 365 477 Others 1041 1953 1127 Total 18581 23784 22687 18 www.bankofmaharashtra.in @mahabank
Slide 19: External Rating-wise Advances
External Rating-wise Advances Sep-19 Dec-19 Particulars No. of Borrower Balance (F+NF) % to total Amt No. of Borrower Balance (F+NF) % to total Amt STD Borrowers eligible for external rating 830 43876.43 100.00% 948 45236.18 100% of which AAA 13 5507.08 12.55% 12 5304.33 11.73% AA 56 9959.56 22.70%
Slide 20: Exposure to NBFCs
Exposure to NBFCs As on Particulars Dec 18 Sep 19 Dec19 HFC Other NBFC HFC Other NBFC HFC Other NBFC AAA 2,835 1,423 1,978 2,473 2,919 2,385 AA 868 2,164 717 1,901 2,585 1,568 A 185 1,269 854 1,243 217 2,049 BBB 57 338 20 199 59 123 BB & Below - 273 - 263 - 345 Total Rated Borrowers 3,946 5,468 5,01
Slide 21: Asset classification
As on Dec 18 Sep19 Dec 19 Particulars % of % of % of Amount Amount Gross Amount Gross Advance Gross Advance Advance Standard 74085 82.69 75998 83.14 78136 83.23 Sub-Standard 3779 4.22 3704 4.05 4063 4.33 Doubtful 11138 12.43 9607 10.51 9524 10.14 Loss 592 0.66 2098 2.30 2159 2.30 Total NPA 15509 17.
Slide 22: Provision Coverage Ratio
Provision Coverage Ratio 83.00 82.71 82.63 81.08 77.00 71.00 71.54 71.51 70.17 65.00 DEC-18 SEP-19 DEC-19 PCR (excluding TWO) PCR (including TWO) 22 www.bankofmaharashtra.in @mahabank
Slide 23: Gross NPA movement
Quarter Ended 9 Months Ended Particulars Dec 18 Sep 19 Dec 19 Dec 18 Dec 19 Opening Gross NPA 16873 16650 15409 18433 15324 Less Cash Recoveries 466 486 371 1585 1004 Less Upgradation 319 192 149 232 187 Less Write Off 1705 1171 542 4842 1733 Total Reduction [A] 2490 1849 1062 6659 2924 Add Slippage
Slide 24: Sector-wise NPA
As on Dec 18 Sept 19 Dec 19 Sectors Sector Sector Sector Sector Sector Sector Advance Advance Advance NPA NPA (PCT) NPA NPA (PCT) NPA NPA (PCT) Agriculture 14944 2971 19.88% 15164 3460 22.82% 15601 3532 22.64% Retail 18762 835 4.45% 19809 775 3.91% 21366 759 3.55% Micro & Small 14306 3045 21.28% 135
Slide 25: Retail credit NPA
As on As on As on Dec 18 Sep 19 Dec 19 Sector Gross Sector Sector Gross Sector Sector Gross Sector Sector Advance NPA NPA (PCT) Advance NPA NPA (PCT) Advance NPA NPA (PCT) Total Retail Credit 18762 835 4.45% 19809 773 3.90% 21366 759 3.55% of which Housing 12893 645 5.00% 12671 597 4.72% 13996 589 4
Slide 26: NCLT Cases as on 31.12.2019
Other Grand NCLT Cases as on 31.12.2019 RBI List 1 RBI List 2 Total NCLT Cases Total No of Cases where Resolution Plan has approved 4 1 5 5 10 Number of accounts referred under IBC as on 31.12.2019 7 11 18 119 137 Outstanding as on 31.12.2019 2,909 2,324 5,233 7,301 12,534 Provision made till 31.12.
Slide 27: Special Mention Account (SMA)
Special Mention Account (SMA) Particulars Dec 18 Sep 19 Dec 19 SMA-1 2384 2250 2926 SMA-2 1651 1489 1886 Total 4035 3739 4812 27 www.bankofmaharashtra.in @mahabank
Slide 28: Capital adequacy
As on Particulars Dec 18 Sep 19 Dec 19 Risk Weighted Assets 73304 75697 79325 % of RWA to Gross Adv ances 81.82% 82.81% 84.50% Tier I Capital 6577 7574 7490 CET I Capital 6549 7574 7490 Additional Tier I Capital 28 0 0 Tier I I Capital 1523 1380 1402 Total Capital Funds 8099 8954 8892 Tier I Ratio 8
Slide 29: Pan India Presence
Pan India Presence Category of As on Branch Dec18 Sep19 Dec19 2 Metro 474 466 466 31 5 Urban 329 325 325 39 Semi- Urban 428 426 427 5 1 30 Rural 615 615 614 1 Total Branches 1846 1832 1832 35 82 10 1 13 1 As on 67 144 7 31 1 1 Particular Dec 18 Sep 19 Dec 19 36 1 8 Number of ATM 1875 1860 1859 1,121
Slide 30: Share Holding Pattern
Share Holding Pattern Dec 18 Dec 19 PARTICULARS No. of Share Holding (%) No. of Share Holding (%) Govt of india 226.09 87.01 538.66 92.49 Bank FIS & Insurance Co. 23.39 9.00 22.97 3.94 FII, NRI & OCBs 0.73 0.28 1.09 0.19 Others 9.63 3.71 19.69 3.38 Total 259.84 100.00 582.41 100.00 As on 31st Dec 20
Slide 31: Awards & Accolades
Awards & Accolades 31 www.bankofmaharashtra.in @mahabank
Slide 32: @mahabank
32 www.bankofmaharashtra.in @mahabank
Slide 33: @mahabank
33 www.bankofmaharashtra.in @mahabank
Slide 34: @mahabank
34 www.bankofmaharashtra.in @mahabank
Slide 35: @mahabank
35 www.bankofmaharashtra.in @mahabank
Slide 36: Thank You
www.bankofmaharashtra.in Thank You
Bank of Maharashtra — Q3 FY2020 Earnings Presentation on 6ix