State Bank Of India · NSE:SBIN
State Bank Of India — Q3 FY2016 Earnings Presentation
37 slides from State Bank Of India's earnings presentation, February 2016
Slide 1: Quarterly Results Q3FY16
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Slide 2: Safe Harbor
Safe Harbor Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of
Slide 3: NII and Operating Profit
NII and Operating Profit Rs in Crores Q3FY16 Q3FY15 YOY % 9MFY16 9MFY15 YOY % Interest Income 40553 38546 5.21 120854 112296 7.62 Other Income 6178 5238 17.94 17463 14061 24.20 Total Income 46731 43784 6.73 138317 126357 9.47 Interest Expenses 26947 24770 8.79 79263 71992 10.10 Net Interest Income 1
Slide 4: Net Profit – a Snapshot
Net Profit – a Snapshot Rs in Crores Q3FY16 Q3FY15 YOY % 9MFY16 9MFY15 YOY % Operating Profit 9598 9387 2.25 29066 26778 8.55 Total Provisions 8483 6477 30.96 20379 17418 17.00 Loan Loss 7645 4810 58.93 14845 12922 14.88 Standard Assets 175 370 -52.81 1162 606 91.76 Investment 26 47 -43.65 155 -506
Slide 5: Components of Interest Income/Expenses
Components of Interest Income/Expenses Rs in Crores Q3FY16 Q3FY15 YOY % 9MFY16 9MFY15 YOY % Interest on Loans 28860 28646 0.75 86424 84075 2.79 Interest on Resources 10814 9170 17.93 31812 26224 21.31 Other Interest income 879 730 20.46 2618 1997 31.14 Total Interest Income 40553 38546 5.21 120854 1
Slide 6: Components of Other Income
Components of Other Income Rs in Crores Q3FY16 Q3FY15 YOY % 9MFY16 9MFY15 YOY % Fee Income 3509 3291 6.65 9865 9239 6.78 Profit/Loss on Sale of 1235 920 34.33 3602 1959 83.83 Investments Forex Income 554 502 10.47 1517 1401 8.26 Dividend Income 81 61 33.17 Misc Income 878 526 66.88 2399 1401 71.20 o
Slide 7: Components of Fee Income
Components of Fee Income Rs in Crores Q3FY16 Q3FY15 YOY % 9MFY16 9MFY15 YOY % Fee Income 3509 3291 6.65 9865 9239 6.78 of which : 791 876 -9.77 1764 1701 3.70 Loan Processing Charges Commission on Govt. 473 491 -3.79 1509 1492 1.14 Business Commission on LC/BG 808 750 7.83 2303 2169 6.21 Transaction
Slide 8: Components of Operating Expenses
Components of Operating Expenses Rs in Crores Q3FY16 Q3FY15 YOY % 9MFY16 9MFY15 YOY % Staff Expenses 6123 5842 4.80 18171 16971 7.07 of which : Salary 4924 4910 0.29 14294 14227 0.47 Contribution for Employees 1198 932 28.60 3877 2743 41.33 Overheads 4063 3785 7.35 11817 10616 11.31 of which: 928 86
Slide 9: Key Performance Indicators: Performance Ratios
Key Performance Indicators: Performance Ratios Earnings Per Share (Rs) Book Value per Share(Rs) 19.52 19.95 175.95 177.77 16.72 17.55 160.84 162.54 15.10 150.03 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 ROA (%) ROE(%) 0.72 0.73 12.3 12.61 0.68 0.68 11.12 11.17 0.55 9.65 D
Slide 10: Key Performance Indicators: Performance Ratios
Key Performance Indicators: Performance Ratios Yield on Advances (%) Cost of Deposits (%) 10.56 10.55 6.37 6.39 6.35 6.30 6.26 10.33 10.32 10.12 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 Domestic/Foreign NIM (%) Whole Bank NIM (%) Domestic Foreign 3.50 3.54 3.29 3.32 3.12
Slide 11: Retail Deposits Drive Growth
Retail Deposits Drive Growth Market 17.32% Rs in Crores 16.84% Share (% YOY growth) 92,319 92,345 FOs (0) 904,794 TD (11 ) 814,095 105,925 CA ( 12) 94,363 568,378 SB (12 ) 509,274 Dec 15 YOY Gr 10.68% Dec 14 Total 1671416 1510077 Dec 15 Sep15 Dec 14 CASA CASA CASA 42.70% 42.24% 42.58% State Bank of
Slide 12: Diversified Exposure Across Sectors
Diversified Exposure Across Sectors Rs in Crores Share % (% YOY growth) Share % 36,561 Misc (15) 3 2 31,895 265,702 18 18 FOs (18) 224,673 22 308,266 Retail (18) 21 260,226 8 Agri (1) 10 121,102 120,447 13 181,922 SME (8) 13 167,942 15 213,777 17 MCG (2) 210,583 21 301,166 CAG (21 ) 249,718 20 Dec 1
Slide 13: Diversified Exposure Across Industry
Diversified Exposure Across Industry Rs in Crores Dec 15 Mar 15 Dec 14 Dec 15 Product / Segment YOY Gr YTD Gr Level % Share Level % Share Level % Share % % Infrastructure 201426 17.32 177253 16.10 167309 16.07 20.39 13.64 Of which: Power 128970 11.09 103264 9.38 100402 9.65 28.45 24.89 Telecommunica
Slide 14: Overall Credit Portfolio is Clearly Moving Towards Better Grades
Overall Credit Portfolio* is Clearly Moving Towards Better Grades A & Above Below A Total FY14 (%) 44.67 55.33 100.00 FY15 (%) 47.51 52.49 100.00 9MFY16 (%) 50.80 49.20 100.00 Composition Change in % (Dec-15 3.29 -3.29 - over Mar-15) Composition Change in % (Dec-15 over Mar-15)-excluding UNRATED 4.1
Slide 15: New Connections: Discerning trend skews towards above A rating
New Connections: Discerning trend skews towards above A rating… A & Above Below A Total During FY14 (%) 22.65 77.35 100.00 During FY15 (%) 48.85 51.15 100.00 During 9MFY16 (%) 72.33 27.67 100.00 Composition Change in % 23.48 -23.48 - (Dec-15 over Mar-15) Composition Change in % 26.20 -26.20 - (Mar-1
Slide 16: Retail Advances
Retail Advances Rs in Crores Distribution of Retail Loans(%) Distribution of Home Loans(%) Above Other Per. 31 26 24.6 23.6 Rs.30 lacs 5.1 Education 5.9 12.0 11.8 Auto 69 Upto Rs.30 74 58.2 Home 58.8 lacs Dec 15 Dec 14 Dec 15 Dec 14 Total 308266 260226 Total 179683 152905 March 14 Dec 14 March 15 De
Slide 17: SME Advances
SME Advances 33250 Rs in Crores 27591 Dec 15 Dec 14 12687 11654 10854 8410 10308 6416 6284 3763 ABL Bills eDFs CGTMSE Others Risk Mitigated Level ABL Bills eDFS CGTMSE Others B/S Fin Total as % to Total SME Portfolio Dec 14 3763 27591 8410 10308 6284 111586 167942 33.56 Mar 15 7408 30959 10025 10482
Slide 18: Agri Advances
Agri Advances Rs. in Crores Agri Segmental Advances Dec-15 Dec-14 97685 96661 17835 17045 4776 3910 2462 1175 Crop production Farm Mechanization Horticulture Other Agri Term Loan Risk Mitigated Products (Out of A & B) Crop / Investment/ Collateralized Other Products Level Production Allied Credit To
Slide 19: Capital Adequacy
Capital Adequacy Rs. In crores Basel III CAR% 12.51% 12.44% 12.03% 12.00% 12.00% 12.17% 12.45% 3.19% 2.72% 2.65% 2.40% 2.38% 2.26% 2.81% Tier II # 9.32% 9.72% 9.38% 9.60% 9.62% 9.91% 9.64% Tier I Mar 13 Mar 14 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 RWA 10,05,640 11,26,863 11,53,231 12,20,552 12,44,708 1
Slide 20: Non Performing Assets
Non Performing Assets Rs in Crores 4.95% 4.90% 4.25% 4.29% 4.15% 5.10% 4.75% Gross NPA 51,189 61,605 61,991 56,725 72,792 56,421 56,834 Mar 13 Mar 14 Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 2.80% 2.57% 2.24% 2.14% 2.89% 2.12% 2.10% Net NPA 34,469 40,249 21,956 31,096 28,669 28,592 27,591 Mar 13 Mar 14 De
Slide 21: Gross NPAs by Sector
Gross NPAs by Sector Rs in Crores Break-up of Gross NPAs Sector-wise Gross NPAs to Total Gross NPAs % Dec 15 Dec 14 Sector NPA Ratio % NPA Ratio% Large Corp 11.2 1.7 Intl. 4.6 Retail 5.0 Large 8121 2.64 1074 0.49 3.7 Corporate 4.3 19.5 Agri. 14.2 Mid Corporate 30710 14.33 26,430 11.85 SME 24.4 26.5
Slide 22: Movement of NPAs
Movement of NPAs Rs in Crores 9MFY16 Q3FY16 Q2FY16 Q1FY16 Q3FY15 Opening Level of 56725 56834 56421 56,725 60712 Gross NPAs Less :Recovery 2761 659 892 1,209 599 Less: Up gradation 2501 378 629 1,494 68 Less :Write-off 12556 3697 3941 4,919 5096 Add: Fresh 33885 20692 5875 7,318 7043 Slippages Net I
Slide 23: Details of Restructured Assets
Details of Restructured Assets Rs in Crores Q3FY16 Q2FY16 9MFY16 Particulars Std. NPA Total Std. NPA Total Std. NPA Total Restructured Accounts as 1 53452 17530 70982 55954 15366 71320 55843 15386 71229 on 01.04.2015 Fresh Restructuring + 2 1300 254 1554 2500 685 3185 7736 3015 10751 Increase in O/S
Slide 24: Movement of Impaired Assets
Movement of Impaired Assets Rs in Crores Dec 15 Sep 15 Jun 15 Mar 15 Dec 14 1. Gross Advances 14,28,495 13,70,701 13,13,735 13,35,424 12,65,483 2. Gross NPAs 72,792 56,834 56,421 56,725 61,991 3. Net NPAs 40249 28,592 28,669 27,591 34,469 4. Restructured Standard 48597 53,452 55,954 55,843 46,542 5.
Slide 25: We Touch Lives…
We Touch Lives… Touch Points Customer Base Debit Branches card holders 16,498 22.4 crores Fin. Total Touch Group Total CSPs Inclusion/ INB Points ATMs Customers 62,212 Jan Dhan 2.5 crores 4.1 lacs 57,986 29.9 crores 8.9 crores POS Mobile 2.7 Lacs 2.2 crores State Bank of India 25
Slide 26: Enormous Reach (1/2)
Enormous Reach (1/2) Internet Banking POS Transactions Mobile Banking Transactions (in Crores) (in Lacs) Transactions (in Lacs) 622 89 958 63 410 537 45 192 380 Dec 13 Dec 14 Dec 15 Dec 13 Dec 14 Dec 15 Dec 13 Dec 14 Dec 15 Debit Card spends Contact Centres ATM Transactions Avg No. of Calls handled
Slide 27: Enormous Reach (2/2)
Enormous Reach (2/2) During the Month No of Registrations No of Transactions (lacs) 88100 2.80 64135 57996 2.16 1.65 Oct 15 Nov 15 Dec 15 Oct 15 Nov 15 Dec 15 No of Calls (lacs) State Bank Samadhaan- (A Self Service Mobile App.) 113.54 Launched on 22nd December 2015 92.02 92.25 The App provides
Slide 28: Financial Inclusion (1/2)
Financial Inclusion(1/2) Financial Inclusion Accounts ( in Crores) Financial Inclusion Deposits 8.85 (Rs. in Crores) 7.28 6.00 4.79 3.33 2.05 6841 3.53 3.95 3.95 4.06 4415 2.03 3180 2182 Mar 13 Mar 14 Mar 15 Dec 14 Dec 15 1048 PMJDY Other than PMJDY Mar 13 Mar 14 Mar 15 Dec 14 Dec 15 Transactions th
Slide 29: Financial Inclusion (2/2)
Financial Inclusion(2/2) Average Balance (Rs.) Zero Bal. A/cs (%) 69 773 F.I A/cs PMJDY A/cs 698 55 56 656 54 53 53 618 606 49 46 47 517 42 Mar 13 Mar 14 Mar 15 Jun 15 Sep 15 Dec 15 Mar 13 Mar 14 Mar 15 Jun 15 Sep 15 Dec 15 Financial Literacy Social Security Schemes RSETIs ( Total Numbers:116) 9M’FY
Slide 30: SBI on Social Media
SBI on Social Media State Bank of India is one of the Most Popular Banks on Social Media • Total Videos Uploaded – 212 • Highest Subscriber base amongst all Indian Banks • Current Number of Subscribers – 13,479 • Current Number of views – 57 Lakh • Highest follower base across all Indian banks • Tot
Slide 31: Performance Highlights of Associate Banks- Net Profit
Performance Highlights of Associate Banks- Net Profit Rs in Crores Net Profit Gross NPA (%) Net NPA (%) Q3 Q3 9M 9M YOY 9M 9M 9M 9M Name YOY % FY16 FY15 FY16 FY15 % FY16 FY15 FY16 FY15 SBBJ 206 163 26.16 657 497 32.37 4.22 4.38 2.20 2.64 SBH 185 334 -44.59 812 872 -6.87 5.27 5.32 2.71 2.43 SBM 27 96
Slide 32: Performance Highlights of Non-Banking Subsidiaries- Net Profit
Performance Highlights of Non-Banking Subsidiaries- Net Profit Rs in Crores Name Q3FY16 Q3FY15 YOY % 9MFY16 9MFY15 YOY % SBI Life Insurance 197 156 26.43 605 615 -1.53 Company Pvt. Ltd SBI Capital Markets Ltd 45 46 -2.04 139 212 -34.24 SBI Funds Management 40 33 21.24 128 116 11.03 P Ltd SBI Cards &
Slide 33: Performance Highlights of 'Non-Banking Subsidiaries'
Performance Highlights of ‘Non-Banking Subsidiaries’ 35% growth in New Business Premium. Private players grown by 17%, LIC grown by 15% and overall industry grown by 16%. 27% growth in Gross Written Premium. Market share in New Business Premium among Private players increased to 17.4% in 9MFY1
Slide 34: Balance Sheet (Solo)
Balance Sheet (Solo) Liabilities YOY (Rs in Crores) Dec-15 Mar-15 Dec-14 Growth (%) Capital 776 747 747 3.98 Reserves and Surplus 145,781 127,692 127,805 14.07 Deposits 1,671,416 1,576,793 1,510,077 10.68 Borrowings 219,676 205,150 181,675 20.92 Other Liabilities & Provisions 111,138 137,698 83,760
Slide 35: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) Liabilities YOY (Rs in Crores) Dec-15 Mar-15 Dec-14 Growth (%) Capital 776 747 747 3.98 Reserves and Surplus 181,075 160,641 159,976 13.19 Minority Interest 6,170 5,497 5,363 15.05 Deposits 2,172,261 2,052,961 1,969,678 10.29 Borrowings 253,141 244,663 220,062 15.03 Othe
Slide 36: Awards & Accolades
Awards & Accolades Gartner Cool Business •Most Innovative Digital Customer Service- SbiINTOUCH Branch Awards for Financial Services in APAC •Most Innovative New Digital Product -SBI Quick Brand Equity’s India’s largest Public Sector Bank State Bank of India (SBI) has propelled Most Trusted its posit
Slide 37: Thank You
Thank You State Bank of India 37
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