Canara Bank · NSE:CANBK
Canara Bank — Q4 FY2024-25 Earnings Presentation
47 slides from Canara Bank's earnings presentation, May 8, 2025
Slide 1: Cover letter to stock exchanges
Ref:: SD:55/56/11/12::2025-26 08.05.2025 The Vice President The Vice President BSE Ltd. Listing Phiroze Jeejeebhoy Towers Department Dalal Street National Stock Exchange of India Ltd Mumbai - 400 001 Exchange Plaza Bandra-Kurla Complex, Bandra Scrip Code: 532483 [E]Mumbai - 400 051 Scrip Code: CANBK
Slide 2: Financial Results: Q4 (FY 2024-25)
Driving Customer Delight & Growth Digitally Financial Results: Q4 (FY 2024-25) Page 1
Slide 3: Performance Highlights
Performance Highlights ₹ in Crore Global Business Global Deposits Global Advances Operating Profit 11.32% 11.01% 11.74% 12.14% y-o-y y-o-y y-o-y y-o-y 25,30,215 14,56,883 10,73,332 8,284 Dividend @200% of Paid up Capital as against 161% during FY 24 Net Profit PCR Gross NPA Net NPA 33.19% 92.70% 2.9
Slide 4: Key Highlights
Key Highlights ₹ in Crore 13.23 % 42.80% 13.57% 19.63% y-o-y y-o-y y-o-y y-o-y RAM Credit Retail Credit Housing Loan Vehicle Loan 6,10,127 2,23,366 1,06,167 20,637 16.98% 20.30% 38 bps y-o-y y-o-y y-o-y decline EPS Fee Based Income Slippage Ratio 18.77 2335 0.90% Page 3
Slide 5: Contents
Contents 06-13 Business Performance 15-22 Financial Performance 24-25 Investments 27-32 Asset Quality 34-35 Capital & Shareholding 37-37 Environmental, Social & Governance 39-42 Distribution Network & Digital Footprint 43-43 Subsidiaries & Associates 44-44 Guidance Vs Actuals for March 2025 and Guid
Slide 6: Business Performance
Driving Customer Delight & Growth Digitally Business Performance Page 5
Slide 7: Business Performance
Business Performance ₹ in Crore Growth (%) Parameters Mar’24 Jun'24 Sep'24 Dec'24 Mar'25 Q-o-Q Y-o-Y Global Gross Business 2272968 2310350 2359344 2419171 2530215 4.59 11.32 Domestic Gross Business 2123133 2151518 2192862 2245017 2339808 4.22 10.21 Overseas Gross Business 149835 158832 166482 174154
Slide 8: Domestic Deposit Mix
Domestic Deposit Mix ₹ in Crore Growth (%) Parameters Mar’24 Jun'24 Sep'24 Dec'24 Mar'25 Q-o-Q Y-o-Y Saving Deposits 328378 332248 340705 329680 337135 2.26 2.67 Current Deposits 63949 49200 46622 47527 77841 63.78 21.72 CASA Deposits 392327 381448 387327 377207 414976 10.01 5.77 Term Deposit 822624
Slide 9: Advances Mix
Advances Mix ₹ in Crore RAM: 57% Mar’25 Growth (%) Retail Parameters Mar’24 Dec’24 Mar’25 21% Q-o-Q Y-o-Y Corporate & Others Agriculture & Allied 43% RAM Credit 538837 593137 610127 2.86 13.23 MSME 23% 13% Retail 156414 208116 223366 7.33 42.80 Agriculture & Allied 253206 243787 246904 1.28 (2.49) R
Slide 10: Exceeded the Mandated Targets under Priority Sector
Exceeded the Mandated Targets under Priority Sector Exceeded the mandated norms in respect of: Total Priority (42.36% to ANBC against 40% norm) Agriculture (20.05% to ANBC against 18% norm) Mandated Norms under Small and Marginal Farmers (13.42% to ANBC against 10.00% norm) Priority Sector N
Slide 11: RAM & Retail Credit
RAM & Retail Credit RAM Retail Loans ₹ in Crore 610127 13.23% 223366 42.80% 538837 156414 Mar'24 Mar'25 Mar'24 Mar'25 Housing Loans Vehicle Loans 13.57% 106167 20637 19.63% 93482 17251 Mar'24 Mar'25 Mar'24 Mar'25 Page 10
Slide 12: Industry Credit
Industry Credit ₹ in Crore Growth (%) Sector/Scheme Mar’24 Dec’24 Mar’25 Q-o-Q Y-o-Y Infrastructure 129411 132672 139182 4.91 7.55 NBFC 131974 142731 138116 (3.23) 4.65 Textile 18353 19224 18990 (1.22) 3.47 Iron & Steel 14991 18226 16612 (8.86) 10.81 Commercial Real Estate 14903 19024 19236 1.11 29.
Slide 13: Rating Profile
Rating Profile ₹ in Crore External Rating - Wise Distribution of Domestic Advances above ₹ 25 crore (% of Total rated loan book above ₹ 25 crore) Mar’24 Dec'24 Mar’25 External Rating Outstanding % Share Outstanding % Share Outstanding % Share A and above 222192 80 245369 80 246861 80 BBB 30897 11 34
Slide 14: Rating Profile
Rating Profile ₹ in Crore Rating Profile of Standard NBFC Domestic Exposure Mar’24 Dec’24 Mar’25 External Rating Exposure % Share Exposure % Share Exposure % Share A and above 129893 99 141511 99 134565 98 BBB 130 79 1070 1 1 1 BB and below 14 1735 1687 1 Total 130037 100 143325 100 137322 100 Page
Slide 15: Financial Performance
Driving Customer Delight & Growth Digitally Financial Performance Page 14
Slide 16: Total Income
Total Income ₹ in Crore Quarterly Cumulative Parameters Growth (%) Growth Mar’24 Jun'24 Sep'24 Dec'24 Mar'25 Mar’24 Mar'25 (%) Q-o-Q Y-o-Y Interest Income 28807 28701 29740 30312 31002 2.28 7.62 108688 119755 10.18 Interest on Advances 20863 20778 21758 22446 22807 1.61 9.32 78188 87789 12.28 Intere
Slide 17: Non-Interest Income
Non-Interest Income ₹ in Crore Quarterly Cumulative Parameters Growth (%) Growth Mar’24 Jun'24 Sep'24 Dec'24 Mar'25 Mar’24 Mar'25 Q-o-Q Y-o-Y (%) Fee Based Income 1941 1910 2436 2185 2335 6.86 20.30 7419 8866 19.50 Commission Exchange & 437 353 382 499 465 (6.81) 6.41 1412 1699 20.33 Brokerage Servi
Slide 18: Total Expenses
Total Expenses ₹ in Crore Quarterly Cumulative Parameters Growth (%) Growth Mar’24 Jun'24 Sep'24 Dec'24 Mar’25 Mar’24 Mar'25 (%) Q-o-Q Y-o-Y Interest Expenses 19227 19535 20425 21163 21560 1.88 12.13 72122 82683 14.64 Interest on Deposits 17714 18352 18652 19117 19588 2.46 10.58 66282 75709 14.22 Ot
Slide 19: Financials at a Glance
Financials at a Glance ₹ in Crore Quarterly Cumulative Parameters Growth (%) Growth Mar’24 Jun'24 Sep'24 Dec’24 Mar’25 Mar’24 Mar'25 Q-o-Q Y-o-Y (%) Net Interest Income 9580 9166 9315 9149 9442 3.20 (1.44) 36566 37072 1.38 Total Interest Income 28807 28701 29740 30312 31002 2.28 7.62 108688 119755 1
Slide 20: Continuous & Consistent Performance
Continuous & Consistent Performance 92.70 8284 7837 91.26 7616 7654 90.89 7387 89.10 89.22 5004 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 3905 4014 4104 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 3757 Operating Profit (₹ in Cr) PCR (%) 1.27 1.24 4.23 4.14 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 0.99 3.73 0.89 3.34 2.94
Slide 21: Provisions
Provisions ₹ in Crore Quarterly Cumulative Parameters Growth (%) Growth Mar’24 Jun’24 Sep’24 Dec’24 Mar’25 Mar’24 Mar'25 (%) Q-o-Q Y-o-Y Total Provision 3630 3711 3640 3733 3280 (12.14) (9.64) 14859 14364 (3.33) NPAs 2280 2171 2587 1982 2846 43.59 24.82 9005 9586 6.45 Standard Asset 44 21 134 126 55
Slide 22: Key Ratios
Key Ratios (%) Mar’24 Sep’24 Dec’24 Mar’25 Ratios Quarterly Cumulative Quarterly Cumulative Quarterly Cumulative Quarterly Cumulative Return on Assets 1.03 1.01 1.05 1.05 1.03 1.04 1.25 1.09 Return on Net-worth 21.18 22.06 19.78 20.44 19.09 20.18 23.23 21.28 Cost to Income 50.08 47.03 46.46 46.94 47
Slide 23: Key Ratios
Key Ratios NIM(%) Cost Of Deposits (%) Yield on 3.05 5.72 5.74 Advances(%) 5.70 5.70 8.83 2.90 2.88 8.77 8.79 2.83 5.50 8.71 2.80 8.66 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Cost Of Funds (%) Yield on Funds(%) Yield on Investments(%)
Slide 24: Investments
Driving Customer Delight & Growth Digitally Investments Page 23
Slide 25: Investment Portfolio
Investment Portfolio ₹ in Crore Sl. No Parameters Mar’24 Dec'24 Mar’25 1 Domestic Investments 360836 383054 381386 (a) SLR 324154 333068 330910 (b) Non SLR 36682 49986 50476 SLR as % to Dom. Investments 89.83 86.95 86.77 (i) Held To Maturity (HTM) 290652 305208 301807 (ii) Available For Sale (AFS) 6
Slide 26: Non SLR Portfolio
Non SLR Portfolio ₹ in Crore % Share Y-o-Y Variation Parameters Mar'24 Dec'24 Mar'25 (Mar’25) Amount % PSU Bonds 3588 4310 4860 9.63 1272 35.45 Corporate and Other Bonds 7113 7926 6752 13.38 (361) (5.08) Special Govt. Sec excl. Recap Bonds 633 630 301 0.60 (332) (52.45) CG Recap. Bond 18238 18238 18
Slide 27: Asset Quality
Asset Quality Driving Customer Delight & Growth Digitally Page 26
Slide 28: Asset Quality Ratios
Asset Quality Ratios ₹ in Crore Parameters Mar’24 Dec’24 Mar’25 Gross NPA 40605 35061 31530 Gross NPA (%) 4.23 3.34 2.94 Net NPA 11823 9081 7353 Net NPA (%) 1.27 0.89 0.70 Provision Coverage Ratio (%) 89.10 91.26 92.70 Credit Cost (%) 0.96 0.89 0.92 Slippage Ratio (%) 0.34 0.24 0.26 Page 27
Slide 29: Movement of NPA
Movement of NPA ₹ in Crore Parameters Mar’24 Dec’24 Mar’25 NPA as at the beginning of the period 41722 37733 35061 Cash Recovery towards Book Liability(i) 929 780 791 Up-gradation (ii) 520 460 420 Write Off (iii) 3068 3896 5022 Total Reduction(i+ii+iii) 4517 5136 6233 Fresh Addition 3400 2464 2702 -
Slide 30: NPA Classification: Sector Wise
NPA Classification: Sector Wise ₹ in Crore Advance O/s Parameters Mar’24 Dec’24 Mar’25 GNPA (%) (Mar’25) Domestic Gross NPA 37213 32585 30351 1008671 3.01 Global Gross NPA 40605 35061 31530 1073332 2.94 Retail 2247 2049 2189 223366 0.98 Housing Loans 836 1162 1197 106167 1.13 Vehicle Loans 268 274 2
Slide 31: NPA Classification: Industry wise
NPA Classification : Industry wise ₹ in Crore Sector/Scheme Mar’24 Dec’24 Mar’25 GNPA (%) Infrastructure 5637 5179 4080 2.93 Iron & Steel 568 397 412 2.48 Textile 1431 794 689 3.63 Food Processing 1121 985 969 7.67 Engineering 825 742 744 5.27 Page 30
Slide 32: Special Mention Accounts (SMA)
Special Mention Accounts (SMA) ₹ in Crore SMA Position of the Bank (₹ 5 Cr and above) Mar'24 Dec'24 Mar'25 Parameters No of % to Gross No of % to Gross No of % to Gross Outstanding Outstanding Outstanding Accounts Advances Accounts Advances Accounts Advances SMA 2 141 3897 0.40 157 7422 0.71 106 325
Slide 33: Accounts referred to NCLT and Resolution Status
Accounts referred to NCLT ₹ in Crore Mar'24 Mar'25 Parameters No of Book Provision No of Book Provision Provision Provision Accounts Liability Coverage Accounts Liability Coverage 1st List - RBI 4 1094 1094 100 4 920 920 100 2nd List – RBI 9 4686 4686 100 8 4016 4016 100 Total RBI 1 & 2 13 5780 5780
Slide 34: Capital & Shareholding
Capital & Shareholding Driving Customer Delight & Growth Digitally Page 33
Slide 35: Capital Funds (Basel III)
Capital Funds (Basel III) Parameters Mar’24 Dec’24 Mar’25 ₹ in Crore Tier I 93368 106057 106379 CRAR (%) Common Equity 77529 87228 89040 16.33 16.28 16.44 Additional Tier I 15839 18828 17339 1.89 2.33 1.96 Tier II 15599 13770 14536 2.58 2.34 2.37 Total (Tier I+II) 108967 119827 120915 Risk-weighted
Slide 36: Shareholding Pattern as on March 31st, 2025
Shareholding Pattern as on March 31st, 2025 Year ended FII/FPIs holding (%) Mar’22 8.48 Staff, 0.62 Others, 2.05 Resident Individuals, 12.62 Mar’23 8.95 Mar’24 10.57 Mar’25 10.55 FIIs/FPIs, 10.55 Mutual Funds, 4.67 Insurance Companies, 6.56 Government of India, 62.93 Page 35
Slide 37: Environmental, Social & Governance
Driving Customer Delight & Growth Digitally Environmental, Social & Governance Page 36
Slide 38: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance (ESG) Practices Environmental Social Governance As part of Green initiatives, Bank has undertaken: Bank is impacting the Society by engaging in For the Bank’s journey towards Sustainability, Increased usage of LED light, BEE rated AC units helping and uplif
Slide 39: Distribution Network
Driving Customer Delight & Growth Digitally Distribution Network Page 38
Slide 40: Distribution Network
Distribution Network Parameters Mar’24 Dec'24 Mar’25 General Branches(a) 8984 9190 9224 Specialised Branches(b) 620 626 625 Total Domestic Branches(a+b) 9604 9816 9849 Overseas Branches 4 4 4 BC Points 13167 13177 7819 Total Banking Outlets 22775 22997 17672 ATM 10209 9715 9579 Recycler 1946 2311 23
Slide 41: Digital Footprint
Driving Customer Delight & Growth Digitally Digital Footprint Page 40
Slide 42: Digital Footprint
Digital Footprint 2471.17 938.58 5.99 1828.53 2.70 675.40 5.73 2.66 MAR'24 MAR'25 MAR'24 MAR'25 MAR'24 MAR'25 MAR'24 MAR'25 MeitY Digital Transactions( Nos in E-Transactions (Nos in Crores) Debit Card Outstanding (Nos in Internet Banking Registrations (Nos in Crore) Crores) Crores) 37.32 10.30 9.63
Slide 43: New Digital Initiatives
New Digital Initiatives Hybrid PoS(point A single device combining the benefits of a POS machine and a Soundbox allows MEs(Merchant Establishment) of Sale to accept card based and UPI based payments and also alerts with voice notification for successful transactions. PFM Options to set Goal/ Targets
Slide 44: Subsidiaries & Associates
Subsidiaries & Associates ₹ in Crore Total Profit Our share Name of the Entity Holding(%) Mar’25 SUBSIDIARIES Canara Robeco Asset Management Company Ltd. 51 182.68 93.17 Canara HSBC Life Insurance Company Ltd. 51 116.98 59.66 Canbank Factors Ltd. 70 2.72 1.90 Canbank Computer Services Ltd. 69.14 14.
Slide 45: Guidance vs Actuals for March 2025 and Guidance for March 2026
Guidance vs Actuals for March 2025 and Guidance for March 2026 Guidance Actuals as on Guidance Parameters (31.03.2025) 31.03.2025 (31.03.2026) Business Growth (Global) 10.00% 11.32% 10.50% Advances Growth (Global) 10.00% 11.74% 10%-11% Deposits Growth (Global) 9.00% 11.01% 9%-10% CASA (Domestic CASA
Slide 46: Disclaimer
Disclaimer This presentation has been prepared solely for information purposes only. It has no regard to any financial situations or informational needs of any particular reason. The forward looking statements involve a number of risk, uncertainties and other factors that could cause actual results
Slide 47: Thank You
Together We Can Thank You We express our heartfelt gratitude to all our stakeholders for their support & trust and solicit their continued patronage to make our beloved Bank grow exponentially in the coming years. Page 46