Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q1 FY2023 Earnings Presentation
24 slides from Dhanlaxmi Bank's earnings presentation, June 2022
Slide 1: Investor Presentation
Dhanlaxm t —-— Investor Presentation
Slide 2: Performance Highlights
Performance Highlights Performance Highlights YoY: Total Business of the Bank grew by 14.67% and reached Rs.21,300 Crore as on 30th June, 2022. Deposits of the Bank registered a growth of 7.88% to reach Rs.12576 Crore as on 30th June 2022. CASA registered a growth of 8% to reach Rs.4160 Crore.
Slide 3: Key Revenue Parameters
Key Revenue Parameters ₹. in Crore ₹. in Crore Net Interest Income Other Income 117.30 68.67 90.66 95.74 96.43 79.50 37.78 34.53 28.13 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 -21.55 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 ₹. in Crore ₹. in Crore Operating Profit 63.62 Net Profit 23.42 6.79 28.32 3.6
Slide 4: Key Ratios
Key Ratios Net Interest Margin 3.64 Cost to Income Ratio 2.85 2.94 3.00 105.24 2.66 91.15 82.05 80.71 74.73 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 RoA RoE 3.13 3.99 0.21 0.27 2.38 1.95 0.16 0.13 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22
Slide 5: Key Indicators
Key Indicators Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Book Value 34.42 34.57 34.66 35.57 34.53 Investor Earnings EPS 0.27 0.14 0.08 0.93 (1.04) % of CASA + Core Deposits Retail Deposit 85% 84% 84% 85% 83% RoA 0.21 0.16 0.13 0.27 (0.76) Profitability RoRWA 45.00 46.22 47.29 49.07 47.68 (Annualized)
Slide 6: Asset Quality – Rating Distribution
Asset Quality – Rating Distribution Rating Profile of Corporate Loan Book External Rating of Corporate Advances Unrated, AAA, 12% Rating Q1 FY23 Q4 10% AAA 12% AA, 13% AA 13% <BBB, 25% A 19% BBB 21% A, 19% <BBB 25% Unrated 10% BBB, 21% AAA AA A BBB <BBB Unrated Total 100% Investor Presentation - Jun
Slide 7: Comparison : Y-o-Y
Comparison : Y-o-Y Gross Advance Corporate MSME Agri & Micro Retail Advance 26% 49% 65% 9% 9% ₹. ₹. in Crore in Crore 6917 - 8724 1705 - 2547 917 - 1510 735 - 798 3560 - 3869 Total Deposit CA SA CASA Retail TD Deposits 8% 10% 7% 8% 5% ₹. in Crore 11658 - 12576 644 - 706 3215 - 3454 3859 - 4160 6003
Slide 8: Comparison : Q-o-Q (FY22(Q4) - FY23(Q1))
Comparison : Q-o-Q (FY22(Q4) - FY23(Q1)) Gross Advance Corporate MSME Agri&&Micro Agri Micro Retail(incl. Retail (incl.Gold) Gold) Advance 3% (1)% 9% (2)% 6% ₹.₹.ininCrore Crore 8444 - 8724 2578 - 2547 1386-1510 814 - 798 3666-3869 Total Deposit CA SA CASA Retail TD Deposits 1% (2)% (2)% (2)% 1% ₹.
Slide 9: Liability Trends
Liability Trends ₹. in Crore CASA Growth ₹. in Crore DEPOSITS 4252 4160 3996 4008 10510 10455 10041 10191 9862 3859 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 84% 85% 84% 84% 85% 4.64 Cost of Deposits 4.60 4.56 4.54 1796 1877 1910 1893 2121 4.41 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Retail Bulk Q1 FY
Slide 10: Advances
Advances Corporate ₹. in Crore GROSS ADVANCE 2578 2547 2163 1705 1659 Corporate 29% Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 ₹. in Crore Retail Retail 71% 6177 5866 5312 5389 5212 Corporate Retail Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Investor Presentation - June 2022 10
Slide 11: Asset Quality
Asset Quality ₹. in Crore 193.84 Fresh Slippages 136.02 48.87 25.31 10.45 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 251 SMA Movement ₹. in Crore 161 274 99 166 55 50 135 93 92 295 275 161 176 150 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 SMA 2 SMA 1 SMA 0 Investor Presentation - June 2022 11
Slide 12: Asset Quality
Asset Quality Gross NPA% Net NPA% 4.58 4.92 9.27% 8.67% 7.55% 3.83 6.32% 6.35% 2.85 2.69 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 CD Ratio Provision Coverage Ratio 68% 69% 59% 58% 62% 81.43 80.64 77.55 75.66 74.18 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22
Slide 13: Restructured Standard Advances
Restructured Standard Advances Restructured Standard Advances as on 30th June, 2022 ₹. in Crore Total Restructured Standard Advances - Rs.336.16 Crore 3.70, 1% 22.82, 7% Education Loan 1.13, 0% MSME standard Restructuring 49.83, 15% Other restructuring 242.94, 72% Project Under Implementation 15.74,
Slide 14: Digital Migration
Digital Migration Digital Migration 69.23% 61.61% 39.14% Share of Digital Banking Transactions @ Retail Internet Mobile Banking Banking 69.23% as on turnover up by turnover up by 30th June 2022 61.61% YoY 39.14% YoY compared to 55.99% as on 30th June, 2021 Investor Presentation - June 2022 14
Slide 15: Digital Migration
Digital Migration in Lakhs in Lakhs Mobile Banking Registered Customers Retail Internet Banking Registered Customers 8.08 8.10 7.96 7.98 7.76 7.79 7.56 7.59 7.03 7.05 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Investor Presentation – June 2022 15
Slide 16: Balance Sheet overview
Balance Sheet overview ₹. in Crore 30.06.2021 31.03.2022 30.06.2022 Particulars (Reviewed) (Audited) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 Reserves and Surplus 618 647 621 Deposits 11658 12403 12576 Borrowings 150 150 454 Other Liabilities and Provisions 239 343 265 TOTAL 12918 1379
Slide 17: Business Result
Business Result ₹. in Crore 30-06-2021 31.03.2022 30-06-2022 Growth YOY Growth QoQ Particulars (Reviewed) (Audited) (Reviewed) (YoY) Growth% (QoQ) Growth% Q1 Q4 Q1 Interest Income 218.11 234.91 258.37 40.26 18.46 23.46 9.97 Interest Expenses 138.60 138.49 141.07 2.47 1.78 2.58 1.86 Net Interest Inco
Slide 18: Indicators
Indicators ₹. in Crore Particulars Q1 FY 22 Q2 FY 22 Q3 FY 22 Q4 FY 22 Q1 FY 23 Yield on Advances (%) 9.12 9.56 9.62 9.39 9.41 Yield on Investments (%) 5.09 5.10 5.18 5.27 5.59 Cost of Deposits (%) 4.64 4.60 4.56 4.54 4.41 Cost of Funds (%) 4.75 4.70 4.67 4.64 4.52 Net Interest Margin (%) 2.66 2.85
Slide 19: Strong Management Team
Strong Management Team Strong Management Team Mr. Shivan J.K, Managing Director & CEO Bachelor in Agriculture, MBA & CAIIB; More than 37 years of experience in Retail, Agri, Corporate, International & Forex operations. Was Chief General Manager of Stressed Assets Resolution Group of State Bank o
Slide 20: Strong Management Team
Strong Management Team Mr. Santoy John, Chief Compliance Officer Post Graduate in Science, CISA & CAIIB and PGCP in Business Management from XIMB Bhubaneswar, previously associated with ICICI Bank and RBL Bank. Over 24 Years of experience covering Teaching, Retail Banking, Internal Audit, Inform
Slide 21: Tie-Ups
Tie-Ups Dhanlaxmi Bank entered into the Fintech Era for Micro Lending, Operation management & Technology services under priority sector lending by associating with New Street Technologies Pvt Ltd. Investor Presentation June 2022 21
Slide 22: Branch Network
Branch Network Over 520 customer touch points including 245 branches, 258 ATMs and 17 BCs Branch Presence Metro Branches – 58 Urban Branches – 62 Semi-Urban Branches –106 Rural Branches – 19 Investor Presentation June 2022 22
Slide 23: Disclaimer
Disclaimer This presentation has been prepared by Dhanlaxmi Bank (the “Bank”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published
Slide 24: Investor Presentation – June 2022
Investor Presentation – June 2022 24