Bandhan Bank Ltd. · NSE:BANDHANBNK
Bandhan Bank — Q3 FY2022-23 Earnings Presentation
31 slides from Bandhan Bank's earnings presentation, January 2023
Slide 1: Investor Presentation Q3 FY2022-23
Investor Presentation Q3 FY2022-23 January’ 2023
Slide 2: Disclaimer
Disclaimer • This presentation is confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Bandhan Bank Limited (also referred to as ‘Bank’). By attending a meeting where this presentation is made, or by reading this present
Slide 3: Key Highlights
Key Highlights
Slide 4: Key Highlights
Key Highlights Bandhan Bank - Overview Snapshot of operations Q3 FY 2022-23 Housing Finance division has achieved its growth of 28% YoY Total Deposits ₹ 1,022.8 bn Retail division grew 133% YoY, Commercial Banking division grew 87% YoY Total Loans and Loan portfolio (on book + off book + TLTRO
Slide 5: EEB Collection Efficiency
EEB Collection Efficiency Collection Efficiency for the month Collection Efficiency for the quarter Sep'22 Dec'22 Q2 FY 23 Q3 FY 23 110%115% 90% 92% 96% 96% 112% 120% 90% 93% 95% 98% Including NPA Excluding NPA Including arrears Including NPA Excluding NPA Including Arrears Excluding Arrears Excludi
Slide 6: EEB DPD movement
EEB DPD movement 1-30 days 31-60 Days Rest of India 4.8% Assam 2.6% 4.6% 3.4% 2.0% West Bengal 2.1% 5.4% 3.8% 3.4% 1.9% Overall EEB 2.5% 1.7% 5.1% 3.0% 3.1% 2.1% Sep'22 Dec'22 Sep'22 Dec'22 61-90 Days NPA 9.4% 9.7% 5.1% 5.7% 5.3% 58% of NPA customer are paying, translating to 3.5% 28.9% 22% of deman
Slide 7: EEB stress pool coverage analysis
EEB stress pool coverage analysis All amount in ₹ Bn. Sep’22 EEB Stress Pool - ₹ 95 Bn. Coverage Amount Provision 53 50.5 Estimated recovery till 31st Mar 15 2023 13.7 30.6 CGFMU recovery 25 Assam Relief Scheme* xx Total 93 NPA SMA 2 SMA 1 Dec’22 EEB Stress Pool - ₹ 76 Bn. Coverage Amount Provision
Slide 8: Bank on track to achieve the diversification goal as envisaged in the strategy plan
Bank on track to achieve the diversification goal as envisaged in the strategy plan for FY 25 Diversification Target as per strategy Plan 2% 2% 2% 2% 2% 3% 2% 6% 10% 23% 24% 26% 27% 27% 30% 16% 27% 28% 31% 33% 86% 38% 59% 47% 44% 40% 37% 26% FY 19 FY 21 FY 22 Q1 FY 23 Q2 FY 23 Q3 FY 23 FY 25E EEB (G
Slide 9: Business & Financial Overview
Business & Financial Overview 9
Slide 10: Geographical Distribution
Geographical Distribution Banking Outlets Focus on serving the rural & underbanked population Banking Outlets as on 31st Dec 2022* 5,723 5,646 5,626 10% Metro 35% 18% Urban 1,176 1,250 1,190 37% Semi-Urban Rural *Basis original classification at the time of opening 4,450 4,473 4,456 Diversifying pre
Slide 11: Asset Book Mix
Asset Book Mix Total Advances (₹ in Billion) Dec-22 EEB Group 27.3% SBAL* 977.9 958.3 36.7% Retail 880.0 16.0% 156.7 139.5 CB 17.3% 83.7 26.3 21.6 Mortgages 11.3 209.4 2.7% 267.3 258.0 Sep-22 EEB Group 575.6 527.6 539.2 26.9% SBAL* 39.9% Retail 14.6% CB 16.4% Dec'21 Dec'22 Sep'22 Mortgages EEB Mortg
Slide 12: Emerging Entrepreneurs Business
Emerging Entrepreneurs Business Emerging Entrepreneurs Asset Growth Number of Active Borrowers (Mn) (₹ in Billion) 13.0 12.9 575.6 539.2 527.6 11.9 121.1 157.3 168.5 Dec'21 Dec'22 Sep'22 EEB Loan Disbursement (₹ in Billion) 454.5 381.9 202.8 152.2 359.1 128.4 62.2 49.5 40.9 Dec'21 Dec'22 Sep'22 140.
Slide 13: Housing Finance
Housing Finance Housing Asset Bifurcation (₹ in Billion) Borrowers Bifurcation – Dec’22 267.3 258.0 0.2% 209.4 2.7 2.6 19.8 19.4 3.4 34.5 32.4 8.7 24.9 39.6% 60.2% 210.3 203.6 172.4 Dec'21 Dec'22 Sep'22 Housing LAP IBPC Construction Salaried Self Employed Professionals Housing Asset Segment wise (in
Slide 14: Commercial Banking (CB) & Retail Assets
Commercial Banking (CB) & Retail Assets Product wise CB Assets (₹ in Billion ) CB segment wise Growth NBFC SME 156.7 139.5 Q-o-Q YoY 83.7 80.2 23.4% 136.8% 77.5 51.4 76.5 62.0 3.5% 56.0% 32.3 Dec'21 Dec'22 Sep'22 NBFC SME Product wise Retail Assets (₹ in Billion ) CB & Retail Disbursements# – (₹ in
Slide 15: Liabilities Profile
Liabilities Profile Deposits Growth (₹ in Billion) Retail to Total Deposits (%) 85% 69% 74% 1,022.8 993.7 312.3 257.1 Dec'21 Dec'22 Sep'22 845.0 130.6 CASA (%) 329.1 331.4 45.6% 338.4 36.4% 40.8% 346.2 324.7 354.7 Dec'21 Dec'22 Sep'22 CASA declined primarily on account of movement in customer mainta
Slide 16: Financial Performance
Financial Performance Total income (₹ in Billion) Operating Profit (₹ in Billion) Net interest Income Other Income Total Income 19.5 19.2 26.7 15.5 31.1 28.3 10.3 7.1 4.8 Q3 FY 22 Q3 FY 23 Q2 FY 23 PAT (₹ in Billion) 8.6 21.2 20.8 21.9 2.9 2.1 Q3 FY 22 Q3 FY 23 Q2 FY 23 Q3 FY 22 Q3 FY 23 Q2 FY 23 NI
Slide 17: Financial Performance
Financial Performance Capital Adequacy Ratio (CRAR) NIM (Annualized) Tier I Tier II Total 7.8% 6.5% 7.0% 20.0% 19.1% 19.4% 1.0% 1.0% 1.0% 19.0% 18.1% 18.4% Dec'21 Dec'22 Sep'22 Q3 FY 22 Q3 FY 23 Q2 FY 23 Impact on NIM in Q3FY23 is primarily on account of interest CRAR including Profits of Q3 FY 23 s
Slide 18: Financial Performance
Financial Performance ROAA & ROAE (Annualized) Operating expenses to Average Assets (Annualized) ROAA ROAE 22% 3.4% 3.3% 3.0% 2.8% 6% 0.8% Q3 FY 22 Q3 FY 23 Q3 FY 22 Q3 FY 23 Q2 FY 23 Cost to Income Ratio 41.8% 38.3% 31.3% Q3 FY 22 Q3 FY 23 Q2 FY 23
Slide 19: Financial Performance
Financial Performance Segmental GNPA movement - (₹ in Billion) Gross NPA and Net NPA Gross NPA (%) Net NPA 69.6 68.5 7.2% 7.2% 0.3 0.3 8.3 1.9% 1.9% 7.8 9.9 9.7 Retail Sep'22 Dec'22 CB Housing Credit Cost EEB 50.5 51.3 6.4% 5.3% 3.7% Sep'22 Dec'22 Q3 FY 22 Q3 FY 23 Q2 FY 23 Higher credit cost in Q3
Slide 20: Profit & Loss Statement (IN ₹ Bn.)
Profit & Loss Statement (IN ₹ Bn.) Particulars Q3 FY 23 Q2FY 23 QoQ% Q3 FY 22 YoY% Interest Income 38.08 37.73 0.93% 34.09 11.71% Interest expenses 17.27 15.80 9.30% 12.84 34.50% Net Int. Income (NII) 20.81 21.93 -5.11% 21.25 -2.06% Non Interest Income 10.33 4.76 117.02% 7.09 45.70% Total Income 31.
Slide 21: Balance Sheet (IN ₹Billion)
Balance Sheet (IN ₹Billion) As at As at Particulars % Change 31st Dec 2022 31st Mar 2022 Capital & Liabilities Capital 16.11 16.11 0.00% Reserves & Surplus 171.65 157.70 8.85% Shareholder Funds 187.76 173.81 8.03% Deposits 1022.83 963.31 6.18% Borrowings 184.26 199.21 -7.50% Other liabilities and pr
Slide 22: Credit Rating
Credit Rating Rating of Bank’s Financial Securities Amount Instrument Rating Rating Agency (₹ in Billion) [ICRA]AA (Negative) ICRA Non-Convertible Debenture # 15.60** CRISIL AA/Negative CRISIL Term Loans From Bank [ICRA]AA (Negative) ICRA 0.80 CRISIL A1+ CRISIL Certificate of Deposit 60.00* [ICRA] A
Slide 23: Our Board & Management
Our Board & Management 23
Slide 24: Management Team
Experienced and professional team… Chandra Shekhar Ghosh Santanu Banerjee MD & CEO Head, HR Founder of BFSL, has 30 years of experience in the field of 27+ years of experience in the field of banking and finance microfinance and development Previously worked as Head of HR Business Relationship
Slide 25: Management Team
Experienced and professional team… P Ramaswamy Indranil Banerjee Chief of Internal Vigilance Company Secretary 29+ years of experience in experience in banking industry. 20+ years experience in financial industry Previously served as Head – Fraud Risk Management at Previously served as Compa
Slide 26: … backed by a strong independent Board
… backed by a strong independent Board Board of Directors Dr. Anup Kumar Sinha Chandra Shekhar Ghosh Dr. A S Ramasastri Non-executive (Independent) Chairman Managing Director & CEO Independent Director - Economist with Ph.D from University of - Has more than 30 years of experience in - Former Direct
Slide 27: Awards and accolades
Awards and accolades Businessworld Magna Awards Banker of the Year by Business 2019 Standard At Magna Awards 2019 organised by Businessworld, Bandhan Bank Mr. Chandra Shekhar Ghosh, Managing won two awards. Director and Chief Executive Officer was 1. Best Bank declared as the Business Standard 2. Fa
Slide 28: Awards and accolades
Awards and accolades Dun & Bradstreet Corporate Awards 2021 Dun & Bradstreet honoured the torchbearers among Indian corporates at its annual 'Corporate Awards 2021’ held on July 16, 2021. The awards were virtually presented across 30+ categories. Bandhan Bank was recognised in the category of Best G
Slide 29: Awards and accolades
Awards and accolades e4m Pride of India Brands 2022 Bandhan Bank received Pride of India Brands awards organized by Exchange for Media, the awards were recognised and celebrated for setting new standards of innovation and excellence in their products, processes and marketing practices. FE Pillar of
Slide 30: Awards and accolades
Awards and accolades Bandhan Bank wins IBS intelligence Global Fintech Award Bandhan Bank received the IBS intelligence Global Fintech Award for “Best Digital Channel/Platform Implementation: Best Project Implementation “for Corporate Internet Banking implementation on December 14, 2022. The IBSi Gl
Slide 31: Thank You
Thank You Investor.relations@bandhanbank.com 31