Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2019 Earnings Presentation
32 slides from Bank Of Maharashtra's earnings presentation, January 2019
Slide 1: Financial Results for Quarter / Nine Month ended December 2018
Financial Results for Quarter / Nine Month ended December 2018 1
Slide 2: Key highlights
PCR CASA(%) NIM(%) 46.88% 2.50% 81.08% Operating Cost of Deposit Gross NPA Net NPA Profit 14.45% 56.45% 3.15% 40 BPS 2
Slide 3: Balance sheet
Particulars As on As on As on % Growth Liabilities 31.12.2017 30.09.2018 31.12.2018 Y-o-Y Q-o-Q Capital 1380 2598 2598 88.26% 0.00% Reserves & Surplus 5523 6221 2489 (54.93%) (59.99%) Deposits 133593 135527 136002 1.80% 0.35% Borrowings 5825 5346 3461 (40.58%) (35.26%) Other Lia.and Provisions 3969
Slide 4: Shareholding pattern and share price movement
31.12.2017 31.12.2018 Particulars No. of Share % Holding No. of Share % Holding Govt of India 104.24 75.54% 226.09 87.01% Banks, Financial & Insur Co 26.26 19.03% 23.39 9.00% FIIs & NRIs 0.51 0.37% 0.73 0.28% Others 6.98 5.06% 9.63 3.71% Total 137.99 100.00% 259.84 100.00% Share price movement durin
Slide 5: Total business
As on % Growth Particulars Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Total Business 228762 226069 225596 (1.38%) (0.21%) Deposits 133593 135527 136002 1.80% 0.35% of which CASA 59927 62675 63756 6.39% 1.73% CASA % 44.86% 46.25% 46.88% Gross Advances 95169 90542 89594 (5.86%) (1.05%) Gross Investment 40949 51
Slide 6: Gross advances: priority and non-priority
As on % Growth Particulars Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Gross Advances 95169 90542 89594 (5.86%) (1.05%) of which Priort y Sect or 36063 36703 37032 2.69% 0.90% Non-Priort y Sect or 59106 53839 52562 (11.07%) (2.37%) Priority Sec. % of ANBC 36.93% 41.84% 42.12% Priority & Non Priority Advances 5
Slide 7: Retail, agriculture and MSME advances
As on % Growth Particulars Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Gross Advances 95169 90542 89594 (5.86%) (1.05%) of which Retail Sector 13537 14435 14682 8.46% 1.71% Agriculture Sector 14956 14940 15055 0.66% 0.77% MSME Sector (Incl. Priority & Non-Priority 18514 14779 15070 (18.60%) 1.97% Total RAM 470
Slide 8: Sector exposure: CRE, NBFC, infrastructure
% Growth % Growth Sector Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q CRE 4273 2408 2323 (45.64%) (3.53%) NBFC 7598 9733 8296 9.19% (14.76%) Infra. 10419 8993 7962 (23.58%) (11.46%) of which Power 4737 4177 3808 (19.61%) (8.83%) Telecom 1249 498 11 (99.12%) (97.79%) Roads 2716 2883 2765 1.80% (4.09%) Ports 341
Slide 9: Gross NPA classification and provision coverage
As on % Change Dec 17 Sep 18 Dec 18 Particulars % of % of % of Amount Amount Amount Y-o-Y Q-o-Q G Adv G Adv G Adv Standard 77041 80.95% 73669 81.36% 74085 82.69% (3.84%) 0.56% Sub-Standard 4011 4.21% 4047 4.47% 3779 4.22% (5.78%) (6.62%) Doubtful 13858 14.56% 11854 13.09% 11138 12.43% (19.63%) (6.04
Slide 10: Sector-wise gross NPA
As on Dec 17 Sep 18 Dec 18 Sector % to % to % to Gross NPA Respective Gross NPA Respective Gross NPA Respective Portfolio Portfolio Portfolio Retail Credit 667 4.17 831 4.63 835 4.45 of which : Housing Loan 508 4.72 640 5.73 643 5.67 Education 90 9.21 112 10.34 114 10.40 Vehicle 37 3.74 44 3.63 43 3
Slide 11: NPA movement
Nine Month Ended Quarter Ended Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Opening Gross NPA 17189 18433 17239 17800 16873 Less Recovery in Ledger Balance 1325 1585 388 439 466 Less Upgradation 329 232 199 428 319 Less Write Off 1817 4842 145 1475 1705 Total Reduction [A] 3471 6659 731 2342 2490
Slide 12: NCLT cases
Other Grand NCLT Cases as on 31.12.2018 RBI List 1 RBI List 2 Total NCLT Total Cases No. of Accounts 7 10 17 71 88 No of Cases where Resolution Plan has approved 1 0 1 4 5 Number of accounts referred under IBC as on 31.12.2018 7 10 17 71 88 Outstanding as on 31.12.2018 2907 1948 4855 4363 9218 Provi
Slide 13: Restructured advances
As on Particulars Dec 17 Sep 18 Dec 18 Opening Standard Restrucutured Advances 2,395 916 439 Add: Additions in Restructured Accounts 49 2 0 Add: Upgradations 1 5 3 Less: Downgradations 61 (132) 11 Less: Ceased to attract (401) - (266) Add/Less: Additional Disbursment/Repayment/Write Off/ Sale to ARC
Slide 14: Investment portfolio
As on % Change PARTICULARS Dec 17 Sep 18 Dec 18 Y-O-Y Q-o-Q A. SLR Investments (i) HFT 109 0 49 - (ii) AFS 7846 10948 6618 (15.65%) (39.55%) (iii) HTM 27415 26727 23904 (12.81%) (10.56%) Total SLR Investment 35370 37675 30571 (13.57%) (18.86%) B. Non SLR Investments (i) HFT 22.89 0.35 0.10 (99.56%)
Slide 15: Profit and loss summary
Nine Month Ended Quarter Ended % Increase (Qtr) Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Total Income 9508 9236 2995 3193 3056 2.06% (4.27%) Total Expenses 7863 7540 2575 2398 2625 1.92% 9.43% Operating Profit 1645 1696 419 794 432 2.96% (45.64%) Provisions & Contingencies 3417 691
Slide 16: Interest income
Nine Month Ended Quarter Ended % Growth (Qtr) Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Interest on Advances 5457 4926 1757 1643 1663 (5.35%) 1.19% Interest on Investment 2175 2671 720 975 879 22.09% (9.89%) Other Interest Income 773 477 248 170 104 (58.04%) (38.75%) Total Interest
Slide 17: Interest and operating expenses
Nine Month Ended Quarter Ended % Growth (Qtr) Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Interest Expenses 5895 5341 1872 1785 1773 (5.25%) (0.66%) Deposits 5450 5071 1732 1692 1685 (2.74%) (0.40%) Others 446 269 139 94 89 (36.48%) (5.49%) Operating Expenses 1968 2199 703 613 851 21.
Slide 18: Net interest income and margin
Nine Month Ended Quarter Ended % Growth (Qtr) Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Net Interest Income 2509 2734 853 1003 872 2.30% (13.03%) Net Interest Margin (%) 2.29 2.50 2.37 2.76 2.41 NII NIM (%) 2734 2509 2.76 2.50 2.37 2.41 2.29 1003 872 853 Dec 17 Dec 18 Dec 17 Sep 18
Slide 19: Non-interest income
Nine Month Ended Quarter Ended % Increase (Qtr) Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Fee Based Income 529 546 172 183 173 0.93% (5.28%) Of which Fee Income from Govt. Business 14 13 4 4 4 0.00% 0.00% Fee Income from Advances 274 245 82 82 80 (2.44%) (2.44%) Other Fee Income 241
Slide 20: Operating expenditure
Nine Month Ended Quarter Ended % Increase (Qtr) Expenditure Item Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Staff Expenses 1219 1333 446 348 512 14.87% 46.94% Other Operating Expenses 749 866 258 265 339 31.58% 28.13% Total Op. Expenditure 1968 2199 703 613 851 21.00% 38.81% 20
Slide 21: Operating expenses detail
Nine Month Expenditure Item Quarter Ended % Increase (Qtr) Ended (Excl Staff Exp) Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Y-o-Y Q-o-Q Rent, taxes, lighting 148.75 155.94 47.50 50.79 52.93 11.43% 4.21% Printing & Stationery 14.23 12.28 5.31 4.02 3.89 (26.74%) (3.23%) Advt. & Publicity 9.72 12.86 2.95 3.95
Slide 22: Provisions and contingencies
Nine Month Ended Quarter Ended Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Non Performing Assets 3336 6990 1344 942 4538 Standard/Restructured Assets (64) (119) (62) (36) (25) Depreciation on Investments 94 92 108 97 (140) Non-performing Investment 19 (180) 6 (204) (12) Other provisions 30 129 78
Slide 23: Key ratios
Nine Month Ended Quarter Ended Particulars Dec 17 Dec 18 Dec 17 Sep 18 Dec 18 Cost of Deposits (%) 5.41 5.01 5.22 5.03 5.01 Yield on Advances (%) 7.99 7.68 7.81 7.92 7.58 Yield on Investments (%) 7.29 7.22 7.26 7.28 7.29 Credit Cost Ratio (%) (Not Annualised) 7.84 12.12 Cost of Funds (%) 4.99 4.52 4
Slide 24: Risk weighted assets for credit risk
Particulars Dec 17 Sep 18 Dec 18 Gross Advances 95169 90542 89594 RWA for credit risk (fund based) 58597 51411 48228 % RWA for credit risk to Gross Adv 61.57 56.78 53.83 % RWA for market risk to Gross Adv 6.25 6.78 6.49 % RWA for operational risk to Gross Adv 9.30 9.17 9.21 RWA for Credit Risk (Fund
Slide 25: Capital adequacy
As on Particulars Dec 17 Sep 18 Dec 18 Risk Weighted Assets 83679 76042 73304 % of RWA to Gross Advances 87.93% 83.99% 81.82% Tier I Capital 7587 5967 6577 CET I Capital 6052 5939 6549 Additional Tier I Capital 1535 28 28 Tier II Capital 1860 1539 1523 Total Capital Funds 9447 7506 8099 Tier I Ratio
Slide 26: Digital channels: users and transactions
Dec 17 Sep 18 Dec 18 No. of Registered Users No.(in lacs) No.(in lacs) No.(in lacs) Maha Mobile 4 5 6 UPI 1 1 1 Internet Banking 7 11 11 ATM (cards issued) 69 69 42 BHIM 6 7 8 Quarter ended Transactions Dec 17 Sep 18 Dec 18 No. (lacs) Amount No. (lacs) Amount No. (lacs) Amount Maha Mobile 4 1095 4 5
Slide 27: Branches, staff and productivity
Category As on As on Dec 17 Sep 18 Dec 18 Category Dec 17 Sep 18 Dec 18 Metro 482 474 474 Officers 6389 6783 6708 Urban 336 329 329 Clerks 4756 4400 4576 Semi- Urban 428 428 428 Rural 617 615 615 Sub-staff 1775 1817 1780 Total Branches 1863 1846 1846 Total 12920 13000 13064 Rs. In lacs Particulars Q
Slide 28: Insurance, disbursement and financial inclusion
Disbursement 14.72 Lakh Policies ` 655 crore 1.42 Lakh Enrolments (Dec 18, Qtr) 7.61 Lakh Policies 54.32 Lakh Accounts 28
Slide 29: Bancassurance and government business commission
Dec 17 Sep 18 Dec 18 Category No. of Commisssion No. of Commisssion No. of Commisssion Policies Received Policies Received Policies Received Bancassurance 108045 11.11 72097 8.40 108134 15.27 of which Life 3506 4.45 4493 4.02 7836 8.62 Non Life 104539 6.66 67604 4.38 100298 6.65 Dec 17 Sep 18 Dec 18
Slide 30: Awards and recognitions
IBA Technology Award: Best Financial inclusion Initiative Rajbhasha Kirti Puraskar for better implementation of Rajbhasha Hindi Rajbhasha Gaurav Award: From Aashirwad in Mumbai Implementation of the project Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana – 2017 (CSMSSY) "Second Prize" f
Slide 31: Disclaimer
The information contained herein speaks only as of the particular date or dates included in the accompanying slides. Bank has taken all the precautions for accuracy of data. However, bank is not responsible and will not be held liable to any one for any unintended error. Bank of Maharashtra does not
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