Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — H1 FY2018 Earnings Presentation
33 slides from Dhanlaxmi Bank's earnings presentation, September 2017
Slide 1: Investor Presentation September 2017
INVESTOR PRESENTATION SEPTEMBER 2017 1
Slide 2: Contents
Contents Dhanlaxmi Bank -Profile Vision & Mission Profile of Board of Directors & Key Management Personnel Overview of Distribution Network Share Holding Pattern Overview of Organization Structure Comprehensive range of Products Business Results-Performance Overview Income & Margins Balance Sheet co
Slide 3: Dhanlaxmi Bank - Profile
Dhanlaxmi Bank- Profile Incorporated in 1927 at Thrissur, Kerala by a group of ambitious and enterprising entrepreneurs. Over the 90 years that followed, earned the trust and goodwill of clients. Our strength is the number of customers, scale of business, breadth of our product offerings, banking ex
Slide 4: Key Milestones
Key Milestones 2017: Raised Rs. 1200.00 million Equity capital through Preferential Allotment issue. Recorded net profit of Rs.123.8 Million 2016: Raised Rs. 841.9 million of Equity capital through Preferential Allotment issue. 2014: Raised Rs. 2296 million of Equity through Preferential Allotment i
Slide 5: Vision & Mission
Vision & Mission Vision Banking on Relationships forever Mission To Become a Strong and Innovative Bank with Integrity and Social Responsibility to Maximize Customer Satisfaction as well as that of the Employees, Shareholders and the Society. 5
Slide 6: Profile of Board of Directors
Profile of Board of Directors Name Experience & Other Directorships He carries with him 36 years of experience in banking and higher education. Dr. Jayaram Nayar He served the Reserve Bank of India for 17 years in various departments Part-time Chairman including Currency, Accounts, Bank Examination
Slide 7: Profile of Board of Directors
Profile of Board of Directors Name Experience & Other Directorships Mr. Chella K Srinivasan is a Practicing Chartered Accountant for more than 33 years. He has professional expertise in accounting, auditing and corporate taxation and has varied experience in audits of manufacturing Mr. Chella K Srin
Slide 8: Profile of Board of Directors
Profile of Board of Directors Name Experience & Other Directorships Mr.C.K.Gopinathan is promoter Director of C.K.G.Supermarket. He was also Mr.C.K.Gopinathan Director in the Catholic Syrian Bank Limited for 8 years. Mr.C.K.Gopinathan is a Director major share holder of our Bank. He has more than 25
Slide 9: Profile of Board of Directors
Profile of Board of Directors Name Experience & Other Directorships Mr. E. Madhavan Mr. E Madhavan has been appointed as Additional Director by Reserve RBI Additional Director Bank of India for a period of 2 years w.e.f May 11, 2017 to May 10, 2019 or till further orders of RBI. Ms. N.Sara Rajendra
Slide 10: Profile of Key Management Personnel
Profile of Key Management Personnel Name Experience Experience of 37 years in banking sector Mr. P. Manikandan Experience of 12 years in Planning, Operations, Credit, HRD, Inspection, Vigilance, Chief General Manager Third Party Products, Premises and Cash Management System areas of the Bank. He hol
Slide 11: Profile of Senior Management
Profile of Senior Management Name Experience • A Credit Manager having 27 years of exposure in India and overseas, Mr. Manoj Kumar S having worked in retail finance, retail and SME banking Credit, Credit Administration and Recovery . Chief Credit Officer (Officiating) • A post Graduate in Commerce,
Slide 12: Overview of Distribution Network
Overview of Distribution Network 12
Slide 13: Shareholding pattern
Shareholding pattern Shareholding 1% & above (As on Sep 30, 2017) Share Holder % Stake B RAVINDRAN PILLAI 9.9995 GOPINATHAN C K 7.4898 YUSUFFALI MUSALIAM VEETTIL ABDUL KADER . 4.9997 KAPILKUMAR WADHAWAN 4.9996 NICHE FINANCIAL SERVICES PVT LTD 4.9741 CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE INSURAN
Slide 14: Comprehensive Range of Products
Comprehensive Range of Products Technology Related Deposits Corporate Products Retail Products Other Services products Agriculture / Kissan Vahana Retail & Corporate Internet Current Account Cash Credit Insurance Business Loan/ Kissan Card Banking Home Loan / Loan against Missed Call Services Saving
Slide 15: Bank at a Glance
Bank at a Glance No : Branches 258 No : ATMs 346 Deposit (Rs. in Crore) 10998 Advances(Gross) (Rs. in Crore) 6369 Total Business (Rs. in Crore) 17367 Total Assets (Rs. in Crore) 12185 15
Slide 16: Performance Overview
Performance Overview Operating Profit shows increasing trend YoY decreased Cost of funds YoY Improved Cost Income Ratio YoY Improved Interest Spread YoY Improved ROA and NIM 16
Slide 17: Performance Highlights
Performance Highlights Year Quarter ended Half year ended(Reviewed) ended PARTICULARS Sep17 June 17 Sep16 Sep17 Sep 16 Mar 17 (Rs in Crore) (Rs in Crore) (Rs in Crore) (Rs in Crore) (Rs in Crore) (Rs in Crore) Net Profit 6.06 7.97 6.02 14.03 11.75 12.38 Advances(Net) 6207 6137 6690 6207 6690 6446 De
Slide 18: Performance Highlights
Performance Highlights Year Quarter ended Half year ended ended PARTICULARS 30.09.17 30.09.16 31.03.17 Sep17 June 17 Sep16 (Reviewed) (Reviewed) (Audited) Market Capitalization 934.88 991.81 499.43 934.88 499.43 623.24 (Rs. in crore) Book Value Per Share (Amt in 31.16 30.92 28.74 31.16 28.74 31.19 r
Slide 19: Positive Factors
POSITIVE FACTORS Net profit (yoy (yoy)) increased by Rs.2.28 Cr i.e 19.40%. Employee cost decreased by Rs.14.96 Cr i.e 13.48%. Gross advances for Q2 increased by Rs.70.61Cr as compared to Q117( Q117(QoQ QoQ)) Cost of deposits has declined from 6.66% to 5.96% (yoy (yoy). ). Operating profit increased
Slide 20: Performance Highlights: Deposits and CASA
Performance Highlights (Rs. in Cr) 12000 11831 11208 11293 11072 10998 CASA Growth 380 Cr (Y-o-Y) Trend in movement of CASA % 10000 30.21 30.61 29.22 29.44 8000 8374 26.65 8221 7968 7727 7631 2017-Q2 2017-Q3 2017-Q4 2018-Q1 2018-Q2 6000 CASA% Trend in movement of Retail Deposit % 4000 45.92 45.71 45
Slide 21: Advance Portfolio
Advance Portfolio Rs.in Cr. Gross Advance Corporate 7002 Agri& Micro Retail 13.47% 35.09% 13.05% SME Gold 25.91% 12.48% Segmentwise Movement 43.58 45.56 44.59 46.74 47.57 25.29 24.52 25.85 25.06 25.91 18.91 18.17 16.65 15.54 13.47 12.22 11.74 12.91 12.65 13.05 2017-Q2 2017-Q3 2017-Q4 2018-Q1 2018-Q2
Slide 22: Capital Adequacy Position
Performance Highlights Capital Adequacy Position (%) 12.01 11.62 12 10.26 0.9 0.78 10 9.24 9.03 1.25 1.09 1.11 8 6 11.11 10.84 9.01 4 7.94 8.13 2 0 2017-Q2 2017-Q3 2017-Q4 2018-Q1 2018-Q2 Tier I Tier II Capital Infusion in FY 2017-2018 –Rs. 1200Mn 22
Slide 23: Income and Margins
Income and Margins DhanlaxmiBank ¢
Slide 24: Business Result
Business Result Rs. in crore Quarter ended 30.09.2017 30.09.2016 31.03.2017 Particulars (Reviewed) (Reviewed) (Audited) Sep17 June 17 Sep16 Interest Income 259.16 259.30 272.59 518.46 553.66 1089.05 Interest Expenses 168.23 173.89 188.51 342.12 383.37 757.45 Net Interest Income 90.93 85.41 84.08 176
Slide 25: Business Result
Business Result (Rs. in Cr.) Net Profit Y-o-Y Net Profit Q-o-Q 7.97 5.73 6.02 6.06 14.03 11.75 2017-H1 2018-H1 2017-Q1 2017-Q2 2018-Q1 2018-Q2 Operating Profit Y-o-Y Operating Profit Q-o-Q 34.21 29.92 26.63 56.56 44.56 10.35 2017-H1 2018-H1 2017-Q1 2017-Q2 2018-Q1 2018-Q2 25
Slide 26: Business Result
Business Result (Rs. in Cr.) Net Interest Income Y-o-Y Net Interest Income Q-o-Q 170.29 176.34 84.08 76.78 84.53 85.41 90.93 2017-Q2 2017-Q3 2017-Q4 2018-Q1 2018-Q2 2017-H1 2018-H1 Y-o-Y Performance Net Interest Margin (%) Q2 FY17 2.81 Net Profit increased by 19.40% Q3 FY17 2.71 Operating Profit imp
Slide 27: Business Results - Non Interest Income
Business Results - Non Interest Income (Rs. in Cr.) For the year Quarter ended For the half year ended Particulars 30 Sep 17 30June17 30 Sep 16 30.09.2017 30.09.2016 31.03.2017 Commission, Exchange and 2.60 2.79 Brokerage 1.30 1.30 1.25 5.43 Profit/(Loss) on sale of 10.76 27.12 Investments (Net) 3.0
Slide 28: Income and Margins
Income and Margins Cost of Deposits(%) Yield on Advance(%) 11.5 6.66 11.49 6.56 6.48 11.46 11.44 6.08 11.4 5.96 2017-Q2 2017-Q3 2017-Q4 2018-Q1 2018-Q2 2017-Q2 2017-Q3 2017-Q4 2018-Q1 2018-Q2 Cost of Funds(%) Cost Income Ratio(%) 83.12 6.78 80.64 6.69 6.61 78.75 76.51 75.13 6.21 6.09 2017-Q2 2017-Q3
Slide 29: Asset Quality
Asset Quality (Rs. in Cr.) Quarter ended Particulars 30 Sep 17 30 Jun 17 31 Mar 17 31 Dec 16 30 Sep 16 Gross NPA 389.16 354.13 315.60 503.83 480.55 Net NPA 228.04 193.12 166.48 183.39 168.52 Provision Coverage Ratio 74.69 77.71 79.99 78.02 79.24 Gross NPA (%) Net NPA (%) 3.67 7.59 6.86 3.15 2.9 6.11
Slide 30: Summary of Financials – Balance Sheet
Summary of Financials – Balance Sheet (Rs. in Cr.) As at As at As at June As at September Particulars March 2017 2017 September 2017 2016 (Audited) (Reviewed) (Reviewed) (Reviewed) CAPITAL AND LIABILITIES Capital 210 210 253 253 Reserves and Surplus 393 445 529 535 Deposits 11208 11293 11072 10998 B
Slide 31: Way Forward: Profitability Approach
Way Forward • Systematic Growth in Deposits Liability Strategy • Increasing CASA • Increasing Retail / Low cost Deposits • Quality Advance Portfolio • Increasing Retail Advances Asset Strategy • Lending based on Collaterals • Better Pricing Profitability Approach • Early Resolution of NPA Accounts N
Slide 32: Disclaimer
Disclaimer This presentation has been prepared by Dhanlaxmi Bank (the “Bank”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published
Slide 33: Dhanlaxmi Bank
Dhanlaxmi Bank established 1927