Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2018 Earnings Presentation
40 slides from Bank Of Maharashtra's earnings presentation, January 2018
Slide 1: Financial Results for Quarter/Nine Months ended 31st December 2017
Financial Results for Quarter/Nine Months ended 31st December 2017 SMALL STEPS TO WARDS BIG CHANGE
Slide 2: Key highlights: Provision Coverage Ratio, cost of funds
Cash Recoveries+Upgradation Provision Coverage Ratio 174.66% 1130 BPS TOTAL OPERATING EXP BURDEN COST OF FUNDS 14.49 % 66 BPS 10.79% 2
Slide 3: Balance sheet: liabilities and assets
As on % Growth LIABILITIES 31.12.2016 30.09.2017 31.12.2017 Y- o- Y Q-o- Q Ca pita l 1168 1257 1380 18.11% 9.78% Reserves a nd Surplus 6689 5949 5523 ( 17.42%) ( 7.15%) Deposits 141500 135097 133593 ( 5.59%) ( 1.11%) Borrowings 8752 5844 5825 ( 33.45%) ( 0.33%) Other Lia bilities & 4358 3500 3969 Pr
Slide 4: Business mix
As on % Growth Pa rtic ula rs De c 16 Se p 17 De c 17 Y-o-Y Q-o-Q Tota l Business 243717 228062 228762 ( 6.14%) 0.31% Deposits 141500 135097 133593 ( 5.59%) ( 1.11%) of which CASA 60195 59788 59927 ( 0.44%) 0.23% CASA Sha re (%) 42.54% 44.26% 44.86% Gross Adva nces 102217 92965 95169 ( 6.89%) 2.37%
Slide 5: Deposits, CASA and CD ratio
150000 141500 Deposits CASA Deposits 70000 60195 135097 59788 59927 133593 60000 50133 49880 50326 50000 125000 40000 30000 20000 10062 9908 9601 100000 10000 Dec 16 Sep 17 0 Dec 17 Dec 16 Sep 17 Dec 17 Current Deposits Savings Deposits CASA Advances CD RATIO 102217 105000 80.00 72.24 100000 95169 7
Slide 6: Priority & Non Priority Advances
As on % Growth Pa rticula rs Dec 16 Sep 17 Dec 17 Y-o- Y Q- o- Q Gross A d v a nc es 102217 92965 95169 ( 6.89%) 2.37% of w hic h Priort y Sec t or 37049 36916 36063 (2.66%) ( 2.31%) Non-Priort y Sec t or 65167 56049 59106 (9.30%) 5.45% Priority & Non Priority Advances 65167 59106 56049 80000 37049
Slide 7: Corporate & Non-Corporate Advances
As on % Growth Pa rticula rs Dec 16 Sep 17 Dec 17 Y- o- Y Q- o- Q G ross A d v a nc es 102217 92965 95169 ( 6.89%) 2.37% of w hic h Am ount % Am ount % Am ount % C orp ora t e/ Wholesa le 62014 61 50792 55 54524 57 ( 12.08%) 7.35% A d v a nc es ( A d v a b ov e Rs. 5 C r) Non-C orp ora t e 40203 39
Slide 8: Priority sector advances to ANBC
Dec 16 Sep 17 Dec 17 Growth Y- o- Y Growth Q- o- Q % to % to % to PARTICULARS Adv Adv Adv Am t % Am t % ANBC ANBC ANBC A NBC 106172 106135 106046 ( 126) (0.12%) ( 89) (0.08%) Priort y Sec t or 40394 38.05% 40071 37.75% 39163 36.93% ( 1231) (3.05%) ( 908) (2.27%) ( inc lud ing inv est ment ) Priort y
Slide 9: Retail credit
As on % Growth Pa rticula rs Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q Tot a l Ret a il Cred it 12818 13303 13537 5.61% 1.76% of w hic h Housing 10717 10687 10748 0.29% 0.58% Ed uc a t ion 874 969 982 12.30% 1.29% Vehic le 617 915 980 58.91% 7.20% Ot hers 610 732 827 35.46% 12.85%
Slide 10: MSME advances
As on Growth Pa rticula rs Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q M SM E Ad v a nc e s (Prio rity + No n-Prio rity) 20554 18838 18514 (9.93%) (1.72%) M a nufa c turing 6001 5531 5594 (6.78%) 1.14% Se rv ic e s 14553 13307 12920 (11.22%) (2.91%) To ta l 20554 18838 18514 (9.93%) (1.72%) M ic ro 10512 10041
Slide 11: Sector exposure and power sector break-up
Dec 16 Sep 17 Dec 17 % Growth % Growth Sector Amount Amount Amount Y-o-Y Q-o-Q CRE 6477 4730 4934 (23.82%) 4.33% NBFC 14022 9498 10832 (22.75%) 14.05% Infra. 12746 9230 10419 (18.26%) 12.88% o f w hich Po w er 7560 4542 4737 (37.34%) 4.29% Teleco m 181 356 1249 590.32% 250.41% Ro a d s 3206 2763 271
Slide 12: Asset quality: standard and NPA classification
As on % Rise Pa rticula rs Dec 16 Sep 17 Dec 17 % of % of % of Amount Amount Amount Y-o-Y Q-o-Q G Adv G Adv G Adv St a nd a rd 86799 84.92% 75726 81.46% 77041 80.95% (11.24%) 1.74% Sub -St a nd a rd 8024 7.85% 4067 4.38% 4011 4.21% (50.02%) (1.40%) Doub t ful 6932 6.78% 12985 13.97% 13858 14.56% 99.
Slide 13: Gross NPA movement and recoveries
Period End ed Pa rticula rs Dec 16 Sep 17 Dec 17 O p ening G ross NPA 10386 17189 17189 Less C a sh Rec ov eries * 477 1015 1325 Less Up g ra d a t ion 125 297 329 Less Writ e O ff 552 1684 1817 Tot a l Red uc t ion [ A ] 1154 2996 3471 A d d Slip p a g es 6105 2511 3857 A d d Va ria t ion 81 536 55
Slide 14: Sector-wise NPA
As on Dec 2016 Sep 2017 Dec 2017 Sectors Sector Sector Sector Sector Sector Sector Adv Adv Adv NPA NPA % NPA NPA % NPA NPA % Agriculture* 15204 1896 12.47% 15678 2282 14.56% 14956 2331 15.59% Retail 12818 565 4.41% 13303 667 5.01% 13537 665 4.91% SME 19114 4554 23.83% 17662 4283 24.25% 17320 4149 23
Slide 15: Retail credit NPA
As on As on As on Dec 2016 Sep 2017 Dec 2017 Sector Sector Sector Sector Sector Sector Sector G Adv G Adv G Adv NPA NPA % NPA NPA % NPA NPA % Tot a l Ret a il Cred it 12818 564 4.40% 13303 666 5.00% 13537 665 4.92% of w hic h Ho using 10717 438 4.09% 10687 504 4.72% 10748 508 4.72% Ed uc a tio n 874
Slide 16: Recovery actions and number of accounts
Number of Pa rticula rs Accounts Recovery Recovery FY a s on Amount a s Recovery H.Y. ended 17-18 (till 31.12.17 on 31.12.17 FY 16- 17 30.09.17 31.12.2017) SUIT FILED 2389 9339.19 21.74 11.56 22.75 DECREED 1156 1488.46 31.71 16.47 25.12 SA RFA ESI [ 13(2)] 8544 7196.04 646.82 304.23 339.45 NCLT (Inc
Slide 17: NCLT referred accounts and provisions
List 1 List 2 Total Pa rtic ula rs Amount Amount Amount Number of Accounts (No.) 10 10 20 Balance as on quarter end 4185 1947 6132 Total Security 6683 2542 9225 Secured Balance 4029 1805 5835 Unsecured Balance 155 142 297 Provision held for the Quarter 2309 915 3223 Provision required as per IRAC ti
Slide 18: SMA-1 and SMA-2 accounts
Dec 16 Sep 17 Dec 17 Pa rticula rs No. of No. of No. of Amount Amount Amount Ac c ounts Ac c ounts Ac c ounts SM A -1 65367 9739 58337 6969 79408 6658 SM A -2 136845 6528 215482 6262 185488 7333 Tot a l 202212 16267 273819 13231 264896 13991 Slip p a g es d uring Q t r 1718 1025 1536 % of Slip p a g
Slide 19: Restructured accounts details
Standard NPA TOTAL Details of Restructured Accounts as on No. of No. of No. of 31.12.2017 Accounts Amount Accounts Amount Accounts Amount CDR 2 102 13 857 15 959 SDR 1 98 22 3590 23 3689 Outsid e SDR 1 147 1 86 2 232 S4A 5 390 0 0 5 390 Sub-To tal 9 738 36 4533 45 5271 5/25 6 1337 4 1483 10 2820 19
Slide 20: Restructured standard advances movement
As on Pa rticula rs Dec 16 Sep-17 Dec-17 Op e ning Sta nd a rd Re strruc uture d Ad v a nc e s 4395.48 2395.1 2395.1 Ad d : Ad d itio ns in Re struc ture d Ac c o unts 432.07 49.86 48.61 Ad d : Up g ra d a tio ns 3.87 2.82 1.24 Le ss: Do w ng ra d a tio ns 1071.32 20.63 60.95 Le ss: Ce a se d to a t
Slide 21: Investment portfolio: SLR and non-SLR
As on % Growth Particulars Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q A. SLR (i) HFT 0 0 109 (ii) AFS 8177 5282 7846 (4.04%) 48.56% (iii) HTM 28305 27605 27415 (3.14%) (0.69%) Total SLR Investment 36482 32887 35370 (3.05%) 7.55% B. Non SLR (i) HFT 0 1 23 (ii) AFS 5616 3018 4325 (22.98%) 43.34% (iii) HTM 1571
Slide 22: Net investments and security receipts
As on % Growth Pa rticula rs Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q G ov ernment Sec urit ies 37961 34403 36449 (3.98%) 5.95% Sha res 271 354 402 48.29% 13.59% Deb entures & Bond s 1686 1664 2069 22.71% 24.34% Sub sid ia ries & JV s 73 73 73 0.00% 0.00% O t hers 3569 697 1496 (58.07%) 114.60% Net Inv est
Slide 23: Profit and loss summary
Nine Months Ended Quarter Ended % Increase (Qtr) Particulars Dec 16 Dec 17 Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q Total Income 10215 9508 3474 3304 2995 (13.80%) (9.36%) Total Expenses 8814 7863 2959 2612 2575 (12.97%) (1.40%) Operating Profit 1401 1645 515 692 419 (18.57%) (39.38%) Provisions & 2137 3417
Slide 24: Interest income
Nine Months % Quarter Ended Particulars Ended Growth(Qtr) Dec 16 Dec 17 Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q Int erest on Ad v a nc es 6517 5457 2061 1876 1757 (14.74%) (6.32%) Int erest on Inv est ment 2081 2175 716 735 720 0.52% (2.05%) Ot her Int erest Inc ome 494 773 145 324 248 71.02% (23.67%) Tot
Slide 25: Interest expenses
Nine Months Quarter Ended % Growth (Qtr) Particulars Ended Dec 16 Dec 17 Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q Int erest on Dep osit s 6069 5450 2025 1827 1732 (14.45%) (5.16%) Ot her Int erest Exp . 611 446 194 145 139 (28.25%) (3.90%) Tot a l Int erest Exp 6680 5895 2219 1972 1872 (15.66%) (5.06%) Inte
Slide 26: Net interest income and NIM
Nine Months Ended Quarter Ended % Growth (Qtr) Particulars Dec 16 Dec 17 Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q Net Int erest Inc ome 2411 2509 702 963 853 21.43% (11.48%) NIM (%) (on A v g Int erest 2.22 2.29 1.91 2.64 2.37 Asset s) NII NIM (%) 2411 2.64 3000 2509 3.00 2.22 2.29 2.37 1.91 2500 2.00 2000
Slide 27: Non-interest income
Nine Months Qua rter Ended % Increa se (Qtr) Pa rticula rs Ended Dec 16 Dec 17 Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q Fee Ba sed Inc ome 536 529 170 185 172 1.01% (7.12%) O f whic h Fee Inc ome from G ov t. 14 14 5 6 4 (20.00%) (33.33%) Business Fee Inc ome from 293 274 86 91 82 (4.65%) (9.89%) A d v a nc
Slide 28: Operating expenditure
Nine Months Ended Qua rter Ended % Increa se (Qtr) Expenditure Item Dec 16 Dec 17 Dec 16 Sep 17 Dec 17 Y-o-Y Q-o-Q St a ff Exp enses 1353 1219 462 381 446 (3.48%) 16.80% of w hic h A S 15 575 439 193 136 170 (27.80%) 1.50% Ot her Op era t ing 781 749 278 259 258 (7.17%) (0.32%) Exp enses Tot a l Op
Slide 29: Non-staff expenses
Nine Months Expe nditure Ite m Qua rter Ende d % Inc rease (Qtr) Ende d (Exc l Sta ff Exp) Dec 16 De c 17 De c 16 Se p 17 De c 17 Y-o-Y Q-o-Q Rent , t a xes, lig ht ing 145.46 148.75 48.06 51.24 47.50 (1.17%) (7.30%) Print ing & St a t ionery 14.75 14.23 5.50 3.53 5.31 (3.45%) 50.42% A d v t . & Pub
Slide 30: Provisions and contingencies
Pa rticula rs Nine Months Ended Qua rte r Ended De c 16 De c 17 De c 16 Sep 17 De c 17 Non Performing A sset s 2057 3336 532 835 1344 St a nd a rd / Rest ruc t ured A sset s 40 (64) 42 30 (62) Dep rec ia t ion on Inv est ment s (11) 94 14 (4) 108 Non-p erforming Inv est ment 14 19 1 1 6 Ot her p rov
Slide 31: Key ratios: cost, yield, ROE, ROA
Nine Months Quarter Ended Particulars Ended Dec 16 Dec 17 Dec 16 Sep 17 Dec 17 Cost of Deposits (%) 6.17 5.41 5.99 5.44 5.22 Yield on Advances (%) 8.66 7.99 8.32 8.45 7.81 Yield on Investments (%) 7.77 7.29 7.63 7.29 7.26 Cost of Funds (%) 5.65 4.99 5.46 5.01 4.80 Yield on Funds (%) 7.69 7.11 7.18 7
Slide 32: Branch network, staff and rationalisation
Category of As on Category of As on Branch Dec 16 Sep 17 Dec 17 Staff Dec 16 Sep 17 Dec 17 M etro 503 492 482 O fficers 6466 6491 6389 Urb a n 343 340 336 Clerks 4794 4784 4756 Semi- Urb a n 433 434 428 Rura l 617 617 617 Sub -st a ff 1910 1796 1775 Tota l Bra nc hes 1896 1883 1863 Total 13170 13071
Slide 33: Digital banking users and transactions
Dec 16 (Qtr) Sep 17 (Qtr) Dec 17 (Qtr) No. of Registered Users (in la khs) No. No. No. M a ha M ob ile 2.39 3.59 4.03 UPI 0.38 0.69 0.72 Int ernet Ba nking 6.17 7.18 7.37 A TM ( c a rd s issued ) 61.33 68.31 69.49 BHIM NA 5.77 5.66 Dec 16 (Qtr) Sep 17 (Qtr) Dec 17 (Qtr) Tra nsa ctions No. (in Amount
Slide 34: Shareholding pattern
Pa rticula rs 31.12.2016 % Holding 31.12.2017 % Holding Govt of India 953.52 81.61% 1042.41 75.54% Ba nks, Fis & Insur Co 153.13 13.11% 262.63 19.03% FIIs & NRIs 4.99 0.43% 5.07 0.37% Others 56.69 4.85% 69.83 5.06% Tota l 1168.33 100.00% 1379.94 100.00% As on 31.12.2017 Govt of India Sha re Ca p (Rs
Slide 35: RWA for credit risk to gross advances
Particula rs Dec-16 Sep-17 Dec-17 Gross Ad v a nces 102217 92965 95169 RWA for credit risk (fund ba sed) 73259 60741 58597 % RWA to Gross Ad v a nces 71.67 65.34 61.57 RWA for Credit Risk (fund based) to Gross Advances 80 75 71.67 70 65.34 65 61.57 60 Dec 16 Sep 17 Dec 17
Slide 36: Capital adequacy
As on Pa rtic ula rs Dec 16 Sep 17 Dec 17 Risk We ig hte d Asse ts 98792 83973 83679 % o f RWA to G ro ss Ad v a nc e s 96.65% 90.33% 87.93% Tie r I Ca p ita l 8766 7559 7587 CETI Ca p ita l 7102 6024 6052 Ad d itio na l Tie r I C a p ita l 1664 1535 1535 Tie r II Ca p ita l 2524 1911 1860 To ta l C
Slide 37: Financial inclusion: PMJDY and insurance schemes
Dec 16 Sep 17 Dec 17 Pa rticula rs (Qtr) (Qtr) (Qtr) No. of PMJDY A c c ounts (in La khs ) 38.30 49.36 50.85 Dep osit A mount in PMJDY A c c ounts (Rs. in Cr) 1034 942 1024 A v era g e Ba la nc e in PMJDY A c c ounts 2700 1907 2013 No. of Tra nsa c tions routed throug h BCs (in la khs) 77.98 58.43 8
Slide 38: Mudra and Stand Up India loans
Dec 16 (Qtr) Sep 17 (Qtr) Dec 17 (Qtr) Amount Amount Amount disbursed Amount Amount Amount Pa rticula rs disbursed outsta nding during outsta nding disbursed outsta nding during the a s on the a s on during the a s on No of qua rter (Rs 31.12.2016 No of qua rter 30.09.2017 No of qua rter (Rs 31.12.2
Slide 39: Key initiatives during the quarter
► New Internet Banking Portal is implemented for Retail Customers ► NCLT cell formed & 26 IRPs have been empanelled ►New scheme MAHA LAP introduced to cater to manufacturing & services sectors. ► 34 branches have been merged till Dec 2017 (20 in Q3) as part of branch rationalization plan. ► Successf
Slide 40: Thank You
THANK YOU 40
Bank of Maharashtra — Q3 FY2018 Earnings Presentation on 6ix