Uco Bank · NSE:UCOBANK
Uco Bank — FY2023 Earnings Presentation
48 slides from Uco Bank's earnings presentation, May 3, 2023
Slide 1: UCO Bank filing cover letter
यूको बैंक UCO BANK सम्मान आपके विश्वास का Honours Your Trust ________________________________________________________________________________ HO/Finance/Share/26/2022-23 Date: 03.05.2023 National Stock Exchange of India Ltd. BSE Limited “Exchange Plaza” Phiroze Jeejeebhoy Towers Plot no. C/1, G Bloc
Slide 2: Financial Results FY 22-23
UCO BANK Financial Results FY 22-23
Slide 3: Touching New Heights
UCO BANK Touching New Heights Highest Highest Highest Highest (NII) Highest Net Profit Business Deposits Advances in a Qtr. in a FY ₹410967 Cr. ₹ 249338 Cr. ₹ 161629 Cr. ₹ 1972 Cr. ₹ 1862 Cr. 2
Slide 4: Contents
Contents Highlights: March 2023 Business Performance Financials P Asset Quality Capital & Shareholding Digital Journey 3
Slide 5: Our Presence
Our Presence Domestic Overseas Branches ATM BCs Branches 2+1 3205 Rep. off. 2422 5442 South, 333 Central, Urban, 533 19.47% North East, 624 Metro, North, 848 215 600 Semi urban, 26.90% 862 (34.91%) West, 303 East, 973 Rural, 1119 4
Slide 6: Highlights March 23
eco WW) Highlights March 23
Slide 7: Major Highlights
Major Highlights Total Business Total Deposit Total Advance ₹ 410967 Cr. ₹ 249338 Cr. ₹ 161629 Cr. 16.14% (Y-Y) 11.28% (Y-Y) 24.54% (Y-Y) Net Profit Qtr. Net NPA CRAR ₹581 Cr. 86.06% (Y-Y) 1.29 % 16.51% 6
Slide 8: Business & CASA
Business & CASA Business ( ₹ in Cr.) CASA Global ( ₹ in Cr.) 410967 91724 394229 91098 377305 89820 353850 356677 88331 87276 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Gross Advance 129777 131350 142156 151059 161629 Current Deposit 11169 9778 12071 9872 10628 Total Depos
Slide 9: Key Financials
Key Financials Operating Profit (Qtr) ₹ in (Cr) Net Profit (Qtr) ₹ in (Cr) 1354 1357 653 581 505 950 310 312 205 102 124 80 Mar-22 Dec-22 Mar-23 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Non Interest Income(Qtr.) ₹ in (Cr) Net Interest Income (Qtr) ₹ in (Cr) 960 823 1952 1972 17
Slide 10: Improving Asset Quality
Improving Asset Quality PCR (%) Recovery (Qtr.) ₹ in Cr 94.50 93.58 Cash Recovery + Recovery in Written off A/c 92.90 91.44 91.96 91.30 Upgradation 90.02 88.40 88.53 860 817 739 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Net NPA (%) Gross NPA % 9.59 9.37 8.98 8.00 7.89 7.42 6.58
Slide 11: Business Performance
oie _ Business Performance
Slide 12: Business Growth
Business Growth ₹ in (Cr) Business Mix Mar-22 Dec-22 Mar-23 Q-Q (%) Y-O-Y (%) (Deposits + Advances) Global Business 353850 394229 410967 4.25 16.14 Domestic 333318 364985 380173 4.16 14.06 Overseas 20532 29244 30795 5.30 49.98 Global Deposits 224073 243170 249338 2.54 11.28 Domestic 217720 235048 24
Slide 13: Global Deposits
Global Deposits ₹ in (Cr) CASA Global (%) Growth Particulars Mar-22 Dec-22 Mar-23 Q-Q Y-Y Mar-23, Mar-22, Current Deposits 10624 9308 10037 7.84 (5.52) 36.79 39.42 Saving Deposits 77037 79876 81017 1.43 5.17 CASA 87661 89185 91054 2.10 3.87 Dec-22, 36.94 Term Deposits 130059 145864 149687 2.62 15.09
Slide 14: RAM (Domestic Advance)
RAM (Domestic Advance) ₹ in (Cr) Growth Retail Agri MSME Corporate & Others ₹ in (Cr) Mar-22 Dec-22 Mar-23 (Y-Y) % Gross Advance 115598 129937 139432 20.62 (Domestic) Of Which 44% 47% 47% Retail Advance 29305 32375 35039 19.57 Agriculture Advance 18835 20627 21775 15.61 19% 18% 18% MSME Advance 2443
Slide 15: Retail Growth
Retail Growth Retail Advance As on March 2023 (₹ in Cr) Mar-22 Growth Home Loan Car Loan Personal Loan Others Particulars Mar-22 Dec-22 Mar-23 (Y-Y) % Home Loan 16780 18908 19964 18.97 Car Loan 1888 2166 2309 22.30 36% 55% Personal Loan 949 1079 1136 19.70 3% Others 10884 11063 12362 13.58 6% Total
Slide 16: Priority Sector Advance
Priority Sector Advance ₹ in (Cr) Y-O-Y % to ANBC Industry Mar-22 Dec-22 Mar-23 (%) Agriculture 25385 24583 25319 -0.26 20.38 Out of which, S&MF 12790 13638 14268 11.56 11.48 MSME 22045 26724 24710 12.09 19.89 Out of which, Micro 12676 16654 13403 5.74 10.79 Housing Loan 11697 9777 10145 (13.27) 8.1
Slide 17: MSME Portfolio Mix
MSME Portfolio Mix ₹ in (Cr) Segment Mix Performance under PMMY FY’22 FY’23 Amount Sanctioned 2877 4219 Amount Disbursed 1928 4178 PM SVANidhi FY’22 FY’23 Amount Sanctioned 18 39 Amount Disbursed 17 33 Performance under GECL Facility GECL FY’22 FY’23 Amount Sanctioned 1166 45 Amount Disbursed 940 42
Slide 18: Rating Mix
Rating Mix ₹ in (Cr) Rating Grade Mar-22 % Share Dec-22 % Share Mar-23 % Share AAA 11537 33.51 18618 41.03 22964 44.84 AA 7284 21.15 10121 22.31 10659 20.81 A 8226 23.89 10295 22.69 10280 20.07 BBB 4304 12.50 3138 6.92 3949 7.71 Below BBB 3082 8.95 3202 7.06 3358 6.56 Total Rated 34433 26.53 45374 3
Slide 19: Investment Portfolio
Investment Portfolio ₹ in (Cr) Particulars Mar-22 Dec-22 Mar-23 Domestic Investments 96818 97918 94692 a. SLR 69171 69120 67572 b. Non SLR 27647 28798 27120 Certificate of Deposits - 1124 537 Shares & VCF 1123 1071 940 Bond & Debentures 25015 25199 24347 Others ( SR & RRB shares) 1509 1404 1
Slide 20: Investment Portfolio
Investment Portfolio Mar-22 (Domestic) Domestic Investment AFS HTM Others, Govt. sec, 1.60% 71.44% 75265 73535 Debentures 67215 & Bond, 25.84% Shares, 1.12% Others, Mar-23 (Domestic) 2.20% 29729 Subsidiaries & Joint 22653 Ventures, Govt. sec, 21157 0.21% 70.93% Debentures & Bond, 25.71% Mar-22 Dec-2
Slide 21: Financials
= e e Financials
Slide 22: Balance Sheet
Balance Sheet ₹ in (Cr) CAPITAL & LIABILITIES 31.03.2022 31.12.2022 31.03.2023 Capital 11956 11956 11956 Reserves & Surplus 11637 13199 13808 Deposits 224073 243170 249338 Borrrowings 13508 22084 20501 Other Liabilities & Provisions 6610 6104 5260 Total 267784 296513 300863 ASSETS Cash and Balances
Slide 23: Operating Revenues
Operating Revenues ₹ in (Cr) Quarter Ended Year Ended Sl. Parameters Mar-22 Dec-22 Mar-23 Y-O-Y (%) FY 21-22 FY 22-23 Y-O-Y(%) 1 Interest Income 3773 4627 4987 32.20 14981 17651 17.82 2 Interest Expenses 2120 2675 3015 42.21 8508 10307 21.14 3 NII (1-2) 1652 1952 1972 19.35 6473 7343 13.44 4 Non-Int
Slide 24: Net Interest Income
Net Interest Income ₹ in (Cr) Quarter Ended Year Ended Particulars Mar-22 Dec-22 Mar-23 Y-O-Y (%) FY 21-22 FY 22-23 Y-O-Y (%) Interest Income 3773 4627 4987 32.20 14981 17651 17.82 a. From Advances 2050 2773 3039 48.23 8322 10343 24.30 b. From Investments 1527 1577 1563 2.42 6020 6223 3.37 c. Others
Slide 25: Non Interest Income
Non Interest Income ₹ in (Cr) Quarter Ended Year Ended Particulars Mar-22 Dec-22 Mar-23 Y-O-Y (%) FY 21-22 FY 22-23 Y-O-Y (%) a) Fee Based Income 298 229 301 1.04 983 1000 1.71 i. Income from Commission & 286 214 284 (0.69) 956 944 (1.26) Charges ii. Third Party Product Income 12 15 17 41.67 27 56 1
Slide 26: Provisions
Provisions ₹ in (Cr) Variation Quarter Ended Year Ended (%) over Particulars Mar-22 Dec-22 Mar-23 Y-O-Y (%) FY 21-22 FY 22-23 Y-O-Y (%) Operating Profit 950 1354 1357 42.88 4797 4341 (9.52) Provisions for : NPA 795 220 408 (48.70) 3800 1296 (65.91) Standard Assets (50) 33 - - 338 59 (82.54) Others (
Slide 27: Key Financial Indicators (Quarter)
Key Financial Indicators (Quarter) Yield on Advance (%) Yield on Investment (%) Yield on Funds (%) 6.47 7.32 7.99 7.82 6.31 6.22 7.06 7.08 6.72 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Cost of Deposit ( %) Cost of Fund ( %) Cost to Income ( % ) 3.79 4.36 3.49 57.63 4.12 3.00 53
Slide 28: Key Financial Indicators (FY)
Key Financial Indicators (FY) Yield on Advance (%) Yield on Investment (%) Yield on Funds (%) 7.46 6.90 6.49 7.03 6.27 6.64 Mar-22 Mar-23 Mar-22 Mar-23 Mar-22 Mar-23 Cost of Deposit ( %) Cost of Fund ( %) Cost to Income ( % ) 4.06 3.43 55.94 3.81 3.12 49.89 Mar-22 Mar-23 Mar-22 Mar-23 Mar-22 Mar-23
Slide 29: Efficiency Ratio (Quarter)
Efficiency Ratio (Quarter) NIM Domestic ( %) NIM Global ( %) Return on Assets (%) 0.85 3.18 2.99 0.73 3.08 2.90 0.44 2.84 2.73 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Return on Equity (%) Book Value Per Share (₹) Earning Per Share (₹) 0.55 11.59 12.34 0.49 20.75 17.14 9.74 11.
Slide 30: Efficiency Ratio (FY)
Efficiency Ratio (FY) NIM Domestic (%) NIM Global (%) 3.03 2.87 2.92 2.81 Mar-22 Mar-23 Mar-22 Mar-23 Return on Equity (%) Return on Assets (%) 14.87 0.62 10.98 0.34 Mar-22 Mar-23 Mar-22 Mar-23
Slide 31: Productivity Ratio
Productivity Ratio Business Per Branch ( ₹ in Cr.) Business Per Employee ( ₹ in Cr.) 128 126 19 18 115 16 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Net Profit Per Employee ( ₹ in Lakhs) Operating Profit per employee ( ₹ in Lakhs) 6.18 6.24 2.98 2.67 4.38 1.44 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-2
Slide 32: Asset quality
Asset quality 31
Slide 33: Asset Quality
Asset Quality ₹ in (Cr) Asset Classification (₹ in Cr) Item Mar-22 Dec-22 Mar-23 161629 151059 129777 Gross NPA 10237 8506 7726 Net NPA 3316 2407 2018 153903 142553 119540 Gross NPA (%) 7.89 5.63 4.78 Mar-22 Dec-22 Mar-23 Net NPA (%) 2.70 1.66 1.29 Loss 665 607 498 Doubtful 7290 6587 6229 Sub-Standa
Slide 34: Movement of NPA
Movement of NPA ₹ in (Cr) Quarter Ended Year Ended Item Mar-22 Dec-22 Mar-23 Mar 22 Mar-23 Opening Balance 10042 9359 8506 11352 10237 Slippages 1446 491 472 6123 2096 Fresh Slippage 1299 307 366 5376 1487 Addition to Existing NPA 147 184 106 747 609 Less Cash Recovery 366 359 334 1299 1354 Upgr
Slide 35: NCLT
NCLT ₹ in (Cr) Mar-2023 (₹ Cr.) 1st List 2nd List Others Total Exposure to number of accounts referred under IBC (As per RBI List) 2 8 133 143 Loan Outstanding 890 2163 13177 16230 Total Provisions Held 890 2163 13139 16192 Provision Percentage (%) 100 100 99.71 99.76
Slide 36: Fresh Slippage
Fresh Slippage ₹ in (Cr) Retail Agriculture MSME 281 222 97 85 60 142 152 102 70 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Corporate & Others Total Fresh Slippage Slippage Ratio 1299 699 5.01 307 366 1.48 1.32 22 12 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23 Mar-22 Dec-22 Mar-23
Slide 37: Segment NPA
Segment NPA Agriculture & Allied Activities Micro & Small Industries Medium Industries ₹ in (Cr) Large Industries Services Retail All others 3913 3509 3323 2515 2337 2205 1832 1009 1144 957 742 626 684 605 508 178 49 135 43 93 35 Mar-22 Dec-22 Mar-23 Agriculture & Allied Activities 3913 3509 3323 Mi
Slide 38: SMA Data
SMA Data ₹ in (Cr) SMA-0 SMA-1 SMA-2 Slippage 9311 8714 7953 7217 5268 3357 2888 1446 255 491 472 195 Mar-22 Dec-22 Mar-23 SMA-0 9311 7953 8714 SMA-1 7217 3357 5268 SMA-2 255 2888 195 Slippage 1446 491 472
Slide 39: COVID Resolution Framework Outstanding As on 31.03.2023
COVID Resolution Framework Outstanding As on 31.03.2023 ₹ in (Cr) Resolution Framework 1.0 Resolution Framework 2.0 1039 497 1003 162 177 58 MSME Personal Loans Corporate Loans MSME Personal & Agriculture Small Business Allied
Slide 40: Capital & Shareholding
Capital & Shareholding 39
Slide 41: Capital & Shareholding Pattern
Capital & Shareholding Pattern ₹ in (Cr) Share Holding Pattern Others, Mar-22 Dec-22 Mar-23 3.08 Particulars DIIs, 1.37 CET1 Capital 11470 12473 14934 FIIs, 0.16 Tier I Capital 11470 12473 15434 Govt., Tier II Capital 2895 2961 2818 95.39 Total Capital 14365 15434 18252 Risk Weighted Assets 104519 1
Slide 42: Digital Journey
Digital Journey 41
Slide 43: Digital Performance
Digital Performance Debit Cards (In Lakhs) Internet Banking (In Lakhs) 125 14.96 113 14.31 Mar-22 Mar-23 Mar-22 Mar-23 BHIM UCO UPI ( In Lakhs) Mobile Banking ( In Lakhs) 82 6.18 57 5.51 Mar-22 Mar-23 Mar-22 Mar-23
Slide 44: Digital Progress
Digital Progress with UCO mBanking PE Voucher pa g UCO BANK BHIM VOICE (UPI 123 Pay-IVR Based) 123PAY> BANKING THAT SPEAKS YOUR LANGUAGE.. And many more. Get all your payment updates with WhatsApp pe Banking karein apni bhasha mein! Just send Hi to (“7 8334001234 Enjoy services like: wv Account Info
Slide 45: Financial Inclusion Growth
Financial Inclusion Growth PMSBY (In Lakhs) PMJJBY (In Lakhs) 39.51 18.58 29.95 14.58 SLBC – 2 (Odisha & Himachal Pradesh) LDM – 36 Mar-22 Mar-23 Mar-22 Mar-23 RSETI – 27 (7 States) APY Accounts (In Lakhs) PMJDY Accounts (In Lakhs) FLC- 22 8.28 124.25 RRB -1 (Paschim Banga Gramin Bank) 5.6
Slide 46: Associate
Associate Paschim Banga Gramin Bank As on 31.03.2023 (Audited) Amount (₹ in Cr) Mar-22 Mar-23 Y-o-Y FY FY Y-o-Y Sl. Particulars Qtr. Qtr. (%) 21-22 22-23 (%) 1 Business 9692 10318 6.46 9692 10318 6.46 2 Deposit 6252 6570 5.09 6252 6570 5.09 3 Advances 3440 3748 8.95 3440 3748 8.95 4 Net Interest Inc
Slide 47: ESG Initiative
ESG Initiative Social Hon’ble President of India laid foundation stone for renovation of Sri Aurobindo Integral Education and Research Centre at Rairangpur, Odisha under CSR initiative of UCO Bank. Bank Lending to rural women by providing credit to more than 12 lakhs rural women through over 1.1
Slide 48: Thank You!
Thank You! 47