Indian Bank · NSE:INDIANB
Indian Bank — Q1 FY2023 Earnings Presentation
49 slides from Indian Bank's earnings presentation, Jul 30, 2022
Slide 1: Presentation on Q1 FY 2022-23 Financial Results (Exchange Letter)
C OKI elti qui ft Indian Bank 254-260, 34 u 4j+ 4-1 TA, 1614/110 ALLAKAIAD TziefET, — 600 014 Rd-tIch Rtd-rq - 41 Corporate Office INVESTOR SERVICES CELL 254-260, Avvai Shanmugam Salai, t-0717E. / website: www.indianbank.in Royapettah, Chennai - 600 014 t-3k / e-mail: ibinvestorrelations@indianbank.
Slide 2: Performance Analysis Q1 FY23
Your own Bank, Always with You Performance Analysis Harvest profits with advanced farming equipment… IB Agri Jewel Loan Higher returns means happy second innings… Q1 FY23 IB Golden Ager Let your assets assist you Get the keys to happiness… financially… IB Home Loan & Vehicle Loan IND SME Mortgage Br
Slide 3: Contents
Contents 01 Performance Highlights 02 Business Snapshot 03 Financials 04 Capital & Risk Management 05 Asset Quality 06 Financial Inclusion 07 Digital Banking & Business Network 08 Initiatives, Awards & Accolades 2/48
Slide 4: Performance Highlights Q1 FY23
01 Performance Highlights Q1 FY 23 3/48
Slide 5: Performance Highlights Q1 FY 23 (YoY)
Performance Highlights Q1 FY 23( YoY) …… …… …… …… …… …… …… …… …… …… …… …… Business …… Business …… Deposits …… Advances …… CASA 8% …… …… …… …… ₹ 10.1 lakh Cr ₹5.8 lakh Cr ₹4.3 lakh Cr CD Ratio 9% 8% 9% SB :7% CA:14% 72.78% …… …… …… …… …… …… …… …… …… …… …… …… …… RAM …… Retail …… Agriculture …… MSME ₹
Slide 6: Business Snapshot
Vo — Azaditea Amrit Mahotsav Business Snapshot a
Slide 7: Business Snapshot
Business Snapshot ₹ in Cr DOMESTIC DEPOSITS Sl No Parameter 30.06.2021 31.03.2022 30.06.2022 Q-o-Q (%) YoY (%) Term Deposits Savings Bank Current account 1 Deposits 540082 593618 584251 -2 8 Domestic 531376 584661 574119 -2 8 Total 531376 584661 574119 Overseas 8706 8957 10132 13 16 35969 31606 Depo
Slide 8: Advances (Domestic)
Advances (Domestic) 30.06.2022 ₹ in Cr Sector 30.06.2021 31.03.2022 30.06.2022 YoY (%) Retail 20% Gross Advances-Domestic 377741 395698 399360 6 Corporates Retail 70827 80433 80667 14 39% Domestic Agriculture 80272 88100 90505 13 Credit M SME 67631 74167 73075 8 Agriculture 23% Total (RAM) 218730 24
Slide 9: Performance under Priority Sector
Performance under Priority Sector ₹ in Cr 30.06.2022 Mandatory Achievement (Amt) Achievement Segment Target (Excluding PSLC) (Excluding PSLC) Priority Sector 136126 159653 46.91% Agriculture 61257 72464 21.29% Small /Marginal Farmers 30628 37994 11.16% Weaker Section 37435 46164 13.57% Micro under M
Slide 10: Sector Deployment – Domestic Advances
Sector Deployment – Domestic Advances ₹ in Cr % share % share to % share Sector 30.06.2021 to Gross 31.03.2022 Gross 30.06.2022 to Gross Advances Advances Advances Infrastructure 61403 17 58521 15 58204 14 Of which Power 18786 5 18543 5 18557 5 Port and Road Project 9749 3 9011 2 8980 2 Other infras
Slide 11: Rating wise – Domestic Credit
Rating wise – Domestic Credit ₹ in Cr 30.06.2021 31.03.2022 30.06.2022 External Rating Exposure % to Total Exposure % to Total Exposure % to Total Rated Exposure • More than ₹10 Cr AAA 30955 14% 37827 17% 40262 17% • For CRE > ₹5 Cr AA 53072 24% 61530 27% 64109 28% A 55491 25% 56875 25% 60455 26% BB
Slide 12: Standard NBFC Advances
Standard NBFC Advances ₹ in Cr Standard NBFC 30.06.2021 % 31.03.2022 % 30.06.2022 % NBFC - PSUs 4484 10% 4659 9% 5445 11% NBFC - HFCs 18026 41% 20582 42% 21651 42% NBFC - MFIs 1423 3% 2238 5% 2168 4% NBFC - Others 20099 46% 21753 44% 22465 43% Total 44032 100% 49232 100% 51729 100% Rating of Standar
Slide 13: Investments - Domestic
Investments - Domestic AFS Book (YoY) ₹ in Cr Details 30.06.2021 31.03.2022 30.06.2022 YoY (%) SLR Investments 143860 140538 146638 2 Of which Central Government Securities 75344 88284 89357 19 State Government Securities 43080 49634 47780 11 Treasury Bills 25431 2620 9501 -63 Other Approved Securit
Slide 14: Non SLR Investments
Non SLR Investments ₹ in Cr Details Jun-21 Mar-22 Jun-22 PSU Bonds 1488 1319 1308 Corporate and Other Bonds 9935 10402 10732 Special Govt.Sec.(Excluding Recap Bonds) 1861 1793 1793 CG Recap.Bond 17927 17927 17927 Share of PSU/Corporate/Others 2141 2313 2352 Venture Capital Fund 112 171 192 Regional
Slide 15: Financials
f= Azadi, amritMahotsav
Slide 16: Operating Profit and Net Profit
Operating Profit and Net Profit ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2021 31.03.2022 30.06.2022 Q-o-Q (%) YoY (%) 31.03.2022 1 Interest Income 9624 9832 10154 3 6 38856 2 Interest Expenses 5629 5577 5620 1 -0.17 22128 3 Net Interest Income (1-2) 3995 4255 4534 7 13 16728 4 Non Int
Slide 17: Income
Income ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2021 31.03.2022 30.06.2022 QoQ (%) YoY (%) 31.03.2022 1 Interest Income on Advances and Discount on Bills 6765 6635 7065 6 4 26928 2 Interest on investments 2772 2752 2767 1 -0.17 10965 3 Other interest income 87 445 322 -28 270 963 4 To
Slide 18: Fee Income
Fee Income ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2021 31.03.2022 30.06.2022 Q-o-Q (%) YoY (%) 31.03.2022 1 Transaction fees 161 178 188 6 17 700 2 Loan processing charges 98 173 139 -20 41 574 3 Commission on Government business 10 30 13 -56 28 77 4 Commission on LC/BG 79 123 98 -2
Slide 19: Expenses
Expenses ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2021 31.03.2022 30.06.2022 Q-o-Q (%) YoY (%) 31.03.2022 1 Interest on deposits 5372 5198 5308 2 -1 20936 2 Interest on borrowings 213 148 91 -38 -57 248 3 Other interest expenses 44 231 221 -4 402 944 4 Total Interest Expenses (1+2+3)
Slide 20: Overhead Expenses
Overhead Expenses ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2021 31.03.2022 30.06.2022 Q-o-Q (%) YoY (%) 31.03.2022 1 Rent, Taxes & Lighting 128 173 128 -26 0.17 614 2 Depreciation 151 145 135 -7 -10 597 3 Insurance 178 190 198 4 11 742 4 Travelling and Halting 37 52 46 -11 26 196 5 Po
Slide 21: Provisions and Net Profit
Provisions and Net Profit ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2021 31.03.2022 30.06.2022 Q-o-Q (%) YoY (%) 31.03.2022 1 Operating Profit * 3416 2738 3564 30 4 12717 2 Total Provisions * 2234 1754 2351 34 5 8772 Of which NPA - Advances 1747 2046 2002 -2 15 8447 NPA - Investments 7
Slide 22: Performance Ratios
Performance Ratios % annualised Quarter Ended Year Ended Sl No Parameters 30.06.2021 31.03.2022 30.06.2022 31.03.2022 1 Cost of Deposits 4.05 3.88 3.85 3.97 2 Cost of Funds 4.08 3.80 3.83 3.90 3 Cost to Income Ratio * 41.26 53.03 41.94 46.21 4 Yield on Advances 7.06 7.00 7.16 7.21 5 Yield on Investm
Slide 23: Performance Ratios
Performance Ratios % annualised Cost of Deposits (%) Cost of Funds (%) Yield on Advances (%) 4.05 4.08 7.06 7.19 7.16 3.86 3.85 3.88 3.85 3.89 3.86 3.80 3.83 6.98 7.00 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Jun 22 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Jun 22 QE Jun 21 QE Sep 21 QE Dec 21 QE
Slide 24: Capital & Risk Management
04 Capital & Risk Management 23/48
Slide 25: Capital Adequacy – Risk Management
Capital Adequacy – Risk Management ₹ in Cr Parameters 30.06.2021 31.03.2022 30.06.2022 Capital 48613 51100 50993 Common Equity Tier I (CET 1) 35331 38725 38680 CRAR % Additional Tier I 1984 1980 1980 Tier II 11298 10395 10333 Total Risk Weighted Assets 305425 308938 308819 Total 15.92% 16.53% 16.51%
Slide 26: Share Holding
Share Holding 30.06.2022 Mutual Funds: 7.60% Government of India 79.86% Resident Individual: 4.46% Insurance Companies:3.65% FPI,FII, NRI & AIF: 2.63% Employees: 1.09% HUF,Trusts, Body Corporate, & Clearing Members: 0.71% Pattern of Equity Shareholding % Shareholder Promoters 79.86 Public & Others 2
Slide 27: Asset Quality
05 Asset Quality 26/48
Slide 28: Asset Quality - Ratios
Asset Quality - Ratios Amount ` Cr Gross NPA Net NPA Gross NPA Net NPA % 37759 36886 36540 35214 34573 9.69 9.56 9.13 8.47 8.13 12653 11749 3.47 10155 3.26 8849 8471 2.72 2.27 2.12 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Jun 22 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Jun 22 Annualised % PCR (I
Slide 29: Movement of NPA
Movement of NPA ₹ in Cr Quarter Ended Year Ended S No Details 30.06.2021 31.03.2022 30.06.2022 31.03.2022 1 Gross NPA opening balance 38455 36540 35214 38455 ADDITIONS : Fresh Slippages 4204 3298 2885 9807 To old NPAs / Others 208 70 204 358 Fresh slippages 2 Sub-Total 4412 3368 3089 10165 LESS: Q1
Slide 30: NPA Position – Sector wise
NPA Position – Sector wise ₹ in Cr 30.06.2021 31.03.2022 30.06.2022 S % to % to % to Sector Gross Gross Gross No respective respective Outstanding respective NPA NPA NPA portfolio portfolio portfolio 1 Retail Credit 3567 5.04% 3553 4.42% 80667 3699 4.59% Of which Home Loan 1478 3.61% 1402 3.01% 4711
Slide 31: NCLT & NARCL
NCLT & NARCL ₹ in Cr 30.06.2022 Category No.of Accounts Exposure Provision PCR% RBI List I 7 2814 2814 100% RBI List II 10 3429 3429 100% NCLT Accounts filed by Bank 26 1579 1577 99.87% Accounts filed by other Banks 181 16576 16477 99.40% Total 224 24398 24297 99.59% Q1 FY22 Q4 FY22 Q1 FY23 FY 2022
Slide 32: SMA Position
SMA Position ₹ in Cr SMA position ₹ 5 Cr and above 31.03.2022 30.06.2022 % to % to Standard Respective % to Total Standard Respective % to Total Sector SMA 1 SMA 2 Total Advances as Sector Standard SMA 1 SMA 2 Total Advances as Sector Standard on 31.03.22 Standard Advances on 30.06.22 Standard Advan
Slide 33: Collection Efficiency
Collection Efficiency 99% 99% 99% 98% Corporate 97% Corporate 96% Retail 95% 95% 94% 93% 90% 90% MSME 89% 90% 90% Agriculture Agriculture 88% 88% 88% Retail 85% MSME 78% Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Collection efficiency from Jun'21 to Jun'22 Sector Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Retail 85
Slide 34: Sector wise Restructuring details
Sector wise Restructuring details ₹ in Cr COVID Restructuring SECTOR Outstanding as Reduction during the quarter Outstanding as Recovery on 31.03.22 Upgradation Recovery NPA on 30.06.2022 Percentage (Standard) (Standard) No Amt Amt Amt Amt No Amt % Retail 88122 7831 0 293 181 81527 7357 90.44% Agric
Slide 35: Financial Inclusion
06 Financial Inclusion 34/48
Slide 36: Financial Inclusion - Performance
Financial Inclusion - Performance S No FI Parameters Jun'21 Mar'22 Jun'22 1 BCs engaged (Nos.) 9186 9657 9892 2 BSBD Accounts (No. in lakhs) 260 267 269 3 PMJDY Accounts under BSBDA (No. in lakhs) 180 185 187 4 Balance in PMJDY accounts (₹ in Cr) 6529 7609 7608 5 % of Zero Balance accounts 2.67% 4.4
Slide 37: Digital Banking & Business Network
07 Digital Banking & Business Network 36/48
Slide 38: Migration to Digital Channels
Migration to Digital Channels YoY QoQ 78% 78% 1% 60% 77% 18% + ATM, BNA & Digital Transactions 40% Branch Transactions 22% 23% 22% QE Jun 21 QE Jun 22 QE Mar22 QE Jun 22 Transactions through ATM, BNA & Digital Channels improved by 18% YoY (Q1 FY22 to Q1 FY23) 37/48
Slide 39: Digital Banking
Digital Banking Net Banking Users in lakhs Net Banking Transactions in lakhs Users in lakhs Credit Cards Users in lakhs Debit Cards 70 59 97 277 1.56 250 1.35 YoY 76 YoY 19% YoY YoY 28% 11% 16% Jun-21 Jun-22 Q1 FY22 Q1 FY23 Jun-21 Jun-22 Jun-21 Jun-22 Users in lakhs Users in lakhs Transactions in la
Slide 40: Business Network
Business Network Overseas Domestic Region-wise Branches Branches FY23 No.of branches 3 5721 Opened 6 Network Merged 16 (307 since amalgamation) 682 Northern ATMs & BNAs BCs 4824 9892 140 North Eastern Pan India Touch Points: 20437 90 Zones including 12 newly formed Zones. 399 Population group wise 1
Slide 41: Staff Position of the Bank
Staff Position of the Bank Category Average age % of Female Total Male Female (as on 30.06.22) of staff staff Officers 24551 17732 6819 37 28% Clerks 12403 7956 4447 39 36% Sub-staff 2544 2184 360 46 14% Full Time Sweepers 290 221 69 45 24% Total 39788 28093 11695 38 29% HRM Initiatives Performance
Slide 42: Initiatives
f= Azadi, amritMahotsav
Slide 43: Initiatives – Project WAVE
Initiatives ‘ Project – WAVE ’ World of Advanced Virtual Experience Operating consultant • Onboarded Models to Infrastructure Expansion Digital Journey Launched Under Process - In Offing • End-to-End Pre-Approved • Onboarded transform consultant the operating model to transform • End to end digital
Slide 44: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance (ESG) Practices Environmental Social Governance • 37 RSETIs across the country to impart • Implemented Solar Power plant of • Effective mechanism supported by well training to unemployed rural youths. 93 kW for IMAGE Auditorium, • Financial Literacy Campaigns at Na
Slide 45: Joint Venture & Subsidiary
Joint Venture & Subsidiary 30.06.22 (Provisional) Joint Venture Subsidiary Indbank • Consortium of credible Public & Private Corporate Merchant Banking Services Ltd entities from India and Sompo of Japan as promoter. • Incorporated & licensed in 2007. In the business of Stock Broking & DP. • Bank’
Slide 46: Regional Rural Banks (RRBs)
Regional Rural Banks (RRBs) ₹ in Cr TNGB SGB PBGB Total Parameters QE QE QE QE FY22 FY22 FY22 FY22 Jun'21 Jun'22 YoY Jun'21 Jun'22 YoY Jun'21 Jun'22 YoY Jun'21 Jun'22 YoY Business 32090 35535 11% 34711 15182 18604 23% 17453 1752 1967 12% 1957 49024 56106 14% 54121 Operating Profit 250 301 20% 571 69
Slide 47: Awards & Accolades
Awards & Accolades NABARD Award CIMSME Award APY Award SHG-Bank Linkage Programme MSME Banking Excellence Awards – 2021 (PSB category) • Best Innovative Bank: Winner • Best Bank for implementing COVID related Govt Schemes: Winner • Best MSME friendly Bank: Runner Up Bank Bags the Best Performing Ban
Slide 48: Disclaimer
Disclaimer This presentation has been prepared by Indian Bank (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. Certain forward-looking statements in these slides involve a number of risks, u
Slide 49: Thank you
gzarder QB} indian Bank Tnmom — fee Azadite Amrit Mahotsav Thank you