Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q2 FY2025 Earnings Presentation
32 slides from Dhanlaxmi Bank's earnings presentation, September 2024
Slide 1: Investor Presentation Q2-FY 2024-25
Investor Presentation Q2-FY 2024-25 DhanlaxmiBank 4
Slide 2: Board of Directors
BOARD OF DIRECTORS Shri. G. Rajagopalan Nair Shri. D. K. Kashyap Shri. Sreesankar Shri. K.N Madhusoodanan Shri. Ajith Kumar K.K INDEPENDENT DIRECTOR RBI ADDITIONAL DIRECTOR Radhakrishnan PART-TIME CHAIRMAN MANAGING DIRECTOR & CEO INDEPENDENT DIRECTOR DIRECTORS Dr. Nirmala Padmanabhan Ms. Vardhini Ka
Slide 3: Performance Y-o-Y highlights
❖ Total Business of the Bank grew by 6.31% and reached ₹ 25,650 Crore as on September, 30 2024. ❖ Total Deposit of the Bank registered a growth of 5.89 % to reach ₹ 14,631 Crore. ❖ Gross Advance of the Bank grew by 6.86% to reach ₹ 11,018 Crore. ❖ Gold Loan Portfolio registered a growth of 29.89% to
Slide 4: Total Business
₹ in Crore BUSINESS PERFORMANCE TOTAL BUSINESS 26000 ₹ 25,650 ₹ 25,084 25000 ₹ 24,654 ₹ 24,687 ₹ 24,128 24000 23000 TOTAL 22000 BUSINESS Performance 21000 Y-o-Y 20000 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25
Slide 5: Total Deposit
₹ in Crore TOTAL DEPOSIT 5.89 Retail Deposit 11.63 % % 16000 ₹ 12,279 ₹ 12,509 ₹ 11,586 ₹ 11,571 ₹ 11,206 15000 ₹ 14,631 ₹ 14,340 ₹ 14,290 ₹ 14,441 14000 ₹ 13,817 13000 12000 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Bulk Deposit 18.69 11000 % TOTAL 10000 ₹ 2,611 ₹ 2,754 ₹ 2,719 ₹ 2,162 ₹ 2,123 D
Slide 6: Deposit Mix
₹ in Crore CA SA CASA CASA to Total Deposit % 8% 31.06% 31.10% 30.66% 31.19% 31.66% 4460 4504 4633 4291 4381 3592 3533 3610 3730 3512 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 779 868 848 894 903 Retail TD to Total Deposit % 50.05% 49.69% 50.31% 53.84% 53.83% Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q
Slide 7: Gross Advance
₹ in Crore Gross Advance Retail Advance 13 12000 7% ₹ 8,402 ₹ 7,757 ₹ 8,018 % ₹ 7,419 ₹ 7,574 ₹ 11,018 11000 ₹ 10,643 ₹ 10,311 ₹ 10,314 ₹ 10,397 10000 9000 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 10 Corporate Advance % 8000 GROSS 2892 2740 2640 2625 2616 ADVANCE 7000 Performance 6000 Y-o-Y 5000
Slide 8: Advance Mix
₹ in Crore Gold Loan 30 Retail (Excl. Gold) 12 ₹ 3,153 ₹ 3,372 % ₹ 2,839 % ₹ 2,596 ₹ 2,675 ₹ 2,534 ₹ 2,378 ₹ 2,358 ₹ 2,428 ₹ 2,265 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 SME 2 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 ₹ 1,670 ₹ 1,670 ₹ 1,706 ₹ 1,658 ₹ 1,705 % 10 Corporate Advance % Q2 FY 24
Slide 9: Retail Segment Performance
₹ in Crore Retail Loan Total 22 Housing Loan 14 % % ₹ 5,581 ₹ 5,907 ₹ 1,059 ₹ 4,861 ₹ 5,053 ₹ 5,197 ₹ 933 ₹ 977 ₹ 1,003 ₹ 1,029 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Gold Loan 30 Loan against property 42 ₹ 3,372 ₹ 379 ₹ 3,153 % % ₹ 2,675 ₹ 2,839 ₹
Slide 10: Retail Sector wise Exposure
₹ in Crore 19.01 Industry Agriculture and Allied Activities 27.72 % ₹ 1,646 ₹ 3,257 % ₹ 1,500 ₹ 1,351 ₹ 1,376 ₹ 1,333 ₹ 2,744 ₹ 2,372 ₹ 2,149 ₹ 2,185 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 20.73 Services % ₹ 4,489 ₹ 4,320 ₹ 3,616 ₹ 3,504 ₹ 3,559 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Ret
Slide 11: Key Financial Indicators For the Quarter
₹ in Crore Net Interest Income Other Income ₹ 120.96 ₹ 120.83 ₹ 51.81 ₹ 114.00 ₹ 104.86 ₹ 41.07 ₹ 99.89 ₹ 35.70 ₹ 32.10 ₹ 23.53 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 *Fee Based Income *Treasury Income ₹ 46.18 6.79 ₹ 35.20 5.83 5.59 ₹ 28.83 ₹ 30.57 ₹ 24.90 1.
Slide 12: Key Financial Indicators For the Quarter
₹ in Crore Operating expenses Cost to Income Ratio ₹ 163.37 111.95% ₹ 126.89 ₹ 138.54 ₹ 135.28 ₹ 139.51 102.50% 83.67% 85.09% 80.81% Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 CD Ratio NIM 3.44% 3.23% 3.25% 74.63% 71.92% 72.76% 73.70% 75.30% 2.98% 2.76% Key Finan
Slide 13: Key Financial Indicators: NPA and Provision Coverage
₹ in Crore Gross NPA% Net NPA% 5.36% 4.81% 1.29% 1.27% 1.25% 1.26% 4.05% 4.04% 3.82% 1.12% Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Provision Coverage Ratio Provision Coverage Ratio (without Technical W/Off) (inclusive of Technical W/Off) 89.11% 88.64% 88.32% 8
Slide 14: Financial Ratios For the Quarter
ROA ROE 0.60% 0.64% 8.98% 9.70% 0.08% 0.08% 1.18% 1.29% Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 -0.20% -3.12% Book Value (Rs.) EPS (Rs.) 41.72 0.92 1.02 40.57 40.70 40.64 40.45 0.12 0.13 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q
Slide 15: Total Restructured Advances Rs.216 Crore
₹ in Crore Total Restructured Advances Rs.216 Crore on 30th September, 2024 Restructured Advance Restructured Total Restructured Particulars Advance Advance Standard Gross Advance, ₹ 11018 Cr. Education Loan Scheme 02.56 0.96 MSME standard 29.25 6.33 Restructuring Other restructuring 09.23 0.44 Prud
Slide 16: External Rating of Corporate Advances
External Rating of Corporate Advances ₹ in Crore Rating Distribution 10% 20% Rating Q2 FY25 11% AAA 10% AA 11% A 25% 16% BBB 18% 25% Rating Distribution <BBB 16% 18% Unrated 20% AAA AA A BBB <BBB Unrated Total 100%
Slide 17: Asset Quality: SMA Movement
₹ in Crore SMA Movement ₹ 135 ₹ 117 ₹ 114 ₹ 105 ₹ 75 ₹ 78 ₹ 79 19 % ₹ 62 ₹ 58 ₹ 53 ₹ 64 ₹ 61 Asset ₹ 48 ₹ 49 ₹ 46 Quality Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 SMA 0 SMA 1 SMA 2
Slide 18: Performance: Branches and Staff
₹ in Crore Number of Branches Per Branch Business 255 259 261 261 261 ₹ 94.62 ₹ 95.19 ₹ 94.59 ₹ 96.11 ₹ 98.28 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Number of Staff Business Per Employee 1718 1707 1686 1689 1725 ₹ 14.44 ₹ 14.64 ₹ 14.85 ₹ 14.87 ₹ 14.04 Perform
Slide 19: CRAR
CRAR CRAR Particulars Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Capital Adequacy 12.23% 12.37% 12.71% 13.37% 13.06% Ratio(%) CRAR (%) 12.23% 12.37% 12.71% 13.37% 13.06% 13.37% 13.06% TIER I (%) 10.56% 10.75% 11.36% 12.36% 12.10% 12.36% 12.71% 12.23% Risk Weighted Assets 7222 7425 7462 7060 7295 (in Cr
Slide 20: Business Result
₹ in Crore For the Quarter Ended For six months ended (Reviewed) Year Ended Particulars 30.09.2024 30.06.2024 30.09.2023 30.09.2024 30.09.2023 31.03.2024 (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Audited) Q2 FY 25 Q1 FY 24 Q2 FY 24 Q2 FY 25 Q2 FY 24 Q4 FY 24 Interest Income 328.83 305.
Slide 21: Balance Sheet Overview
₹ in Crore 30.09.2023 31.12.2023 31.03.2024 30.06.2024 30.09.2024 Particulars (Reviewed) (Reviewed) (Audited) (Reviewed) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 770 773 777 775 803 Deposits 13817 14340 14290 14441 14631 Borrowings 165 150 299 150 150 Other
Slide 22: Shareholding Pattern (as on 30th September, 2024)
Shareholding Pattern(as on 30th September, 2024) No. of Category Total Shares % To Equity Holders 9.80% Resident Individuals 11.78% 1,85,269 13,86,60,539 54.81% (Including HUF) 54.81% Non Resident Indians 1,557 4,71,64,550 18.64% 18.64% 4.97% Foreign Portfolio – Corp 22 1,25,85,151 04.97% Bodies Cor
Slide 23: Over 560 Customer Touch Points including 261 Branches
Over 560 Customer Touch Points including 261 Branches, 282 ATMs and 17 BCs Branch Presence No. of Branches Population 30.09.2023 30.09.2024 Metropolitan 58 58 Urban 66 71 Semi Urban 111 112 Performance Rural 20 20 Grand Total 255 261
Slide 24: Digital Migration
In ‘000 Internet Transaction Volume 73 525 % 465 Digital Migration 333 384 343 81.14% Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Mobile Transaction Volume 73 263 272 277 244 % 217 Share of Digital Banking Transaction @ 81.14% as on Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 30th Sep, 2024 Compared to Debi
Slide 25: Awards & Recognitions
Awards Awards & Recognitions ‘Disruptive 100 Awards’ for disrupting the Status Quo to Mr. John Varughese, General Manager, Dhanlaxmi Bank achieve Technology Excellence and Business Leadership received Mobility Mavens award by Samsung’ at the CIO with transformative, innovative projects presented by
Slide 26: Awards & Recognitions
Awards Awards & Recognitions Award of Excellence in APY from Dr. Deepak Mohanty, Chairman, PFRDA
Slide 27: Strong Management Team
Strong Management Team Mr. Ajith Kumar K.K, Managing Director & CEO ▪ Over 36 years of experience in various facets of banking including Credit, Human Resources, Business, Branch Banking etc., ▪ Graduate in Agriculture from Kerala Agricultural University (KAU) and MBA from Cochin University of Scien
Slide 28: Strong Management Team
Strong Management Team Binoy B S, Head – Internal Audit ▪ Over 27 years of experience in banking including working with South Indian Bank and 4 years’ experience as a practicing lawyer. ▪ Graduate in Science, LLM & CAIIB. ▪ Vast experience in Legal, Credit Sanction, Credit Monitoring, Recovery and I
Slide 29: Strong Management Team
Strong Management Team Mr. Arvind Kanagasabai, Head - Treasury ▪ Over 41 years of experience in the banking industry, including 33 years at the State Bank of India. He has 23 years of experience in treasury functions, which includes a 5-year stint as Head of Central Treasury at the State Bank of Ind
Slide 30: Strong Management Team
Strong Management Team Mr. Abhilash R, Chief Risk Officer ▪ More than two decades of experience in Banking, which spans over Risk Management, Corporate/ MSME/ Retail Credit/ Branch Banking segments and headed various roles like CRO, Regional Head, Cluster Head, Para Banking Business Head, Branch Man
Slide 31: Partners / Tie Ups
Partners / Tie Ups AGRI & MICRO CREDIT TRADING PARTNERS FINTECH PARTNERS GOVERNMENT BUSINESS LIFE INSURANCE GENERAL INSURANCE
Slide 32: Thank You!
Thank You!