Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q4 FY2024 Earnings Presentation
39 slides from Bank Of Maharashtra's earnings presentation, Apr 26, 2024
Slide 1: Investor Presentation filing letter to stock exchanges
AX1/ISD/STEX/22/2024-25 Date: 26th April, 2024 The General Manager The Vice President Department of Corporate Services, Listing Department, BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400 001 Bandra (East), Mumbai-400
Slide 2: For Quarter / Year Ended 31st March 2024
For Quarter / Year Ended, 31st March 2024 www.bankofmaharashtra.in /mahabank
Slide 3: Contents
Contents Page 1. Macro Economic Highlights 3 2. Major Highlights 4-5 3. Business Performance 6-9 4. Financial Performance 10 – 21 5 Asset Quality 22 - 27 6. Capital 28 - 29 7. Digital Banking 30 - 32 8. Financial Inclusion 33 9. Expanding Footprints 34 10. Other Information 35 - 37 2 www.bankofmahar
Slide 4: Macro Economic Highlights
Macro Economic Highlights Positives # IMF raises India's GDP growth forecast by 30 bps to 6.8% for FY25 11.7 % (Yearly Growth) RBI expects GDP to grow by 7% in 2024-25 Net inflows by foreign portfolio investors (FPI) stood at $41.6 billion during 2023- 24, the second highest level of FPI inflo
Slide 5: Major Highlights
Major Business Financial Asset Quality Capital Highlights Performance Performance Total Total Business Business Total Total Deposits Deposits Gross Advances Savings Deposits CASA Current Deposits Term Deposits Increased by Increased by Increased by Increased by Increased by FY `24 15.94% 15.66% 11.5
Slide 6: Major Highlights
Major Business Financial Asset Quality Capital Highlights Performance Performance Operating Profit Net Profit Net Interest Income NIM % Return on Asset % Increased by Increased by Increased by 3.97 (3.78) 1.73 (1.32) Q4 `24 19.10% 44.95% 18.17% viz Q4` 23 Increased by Increased by Increased by 3.92
Slide 7: Business Performance: Total Business
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Business ( ₹ in Crore ) Last 5 Quarters 15.94 % (Y-o-Y) (%) ( ₹ in Crore ) Last 5 Years (%) 5,00,000 4,74,411 100 5,00,000 4,74,411 100 4,34,404 4,20,041 4,22,420 4,09,202 4,09,202 4,00,000 90 4,00,000 90 3,37,53
Slide 8: Business Performance: CASA Deposit
Major Highlights Business Financial Asset Quality Capital Performance Performance CASA Deposit ( ₹ in Crore ) Last 5 Quarters 14.25 % (Y-o-Y) (%) ( ₹ in Crore ) Last 5 Years (%) 1,50,000 1,42,774 100 1,50,000 1,42,774 100 1,24,961 1,24,547 1,23,322 1,24,961 1,21,337 1,25,000 85 1,25,000 1,17,035 85
Slide 9: Business Performance: Gross Advances
Major Highlights Business Financial Asset Quality Capital Performance Performance Gross Advances ( ₹ in Crore ) Last 5 Quarters 16.30 % (Y-o-Y) (%) ( ₹ in Crore ) Last 5 Years (%) 2,40,000 90 2,40,000 90 2,03,664 2,03,664 2,00,000 1,88,670 2,00,000 1,83,122 1,75,120 1,75,676 1,75,120 80 80 1,60,000
Slide 10: Business Performance: Investments
Major Highlights Business Financial Asset Quality Capital Performance Performance Investments 80,000 M Duration (Total) ( ₹ in Crore ) 72,379 69,215 70,490 5.0 67,006 68,593 70,000 3.74 4.0 3.61 3.67 3.20 3.25 60,000 3.0 2.0 50,000 1.0 40,000 0.0 Mar`23 Jun`23 Sept`23 Dec`23 Mar`24 30,000 20,000 M D
Slide 11: Financial Performance: Profitability
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) Operating Profit 19.10 % (Y-o-Y) (Quarterly) ( ₹ in Crore ) Net Profit 44.95 % (Y-o-Y) (Quarterly) 2,500 1,500 2,210 2,012 1,218 1,855 1,863 1,920 2,000 1,200 1,036 1,580 920 1,462 840 882
Slide 12: Financial Performance: Profitability
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) Net Interest Income 18.17 % (Y-o-Y) (Quarterly) (%) NIM % (Quarterly) 3,000 4.5 2,584 2,432 2,466 3.95 3.97 2,500 2,340 3.86 3.89 2,187 4.0 3.78 1,980 3.55 3.60 2,000 1,887 1,612 1,686 3.5
Slide 13: Statement of Income and Expenditure
Major Highlights Business Financial Asset Quality Capital Performance Performance Statement of Income and Expenditure ( ₹ in Crore ) Quarter Ended Year Ended Particulars Mar`23 Dec`23 Mar`24 Y-o-Y (%) Mar`23 Mar`24 Y-o-Y (%) Total Income 5,317 5,851 6,488 22 18,179 23,493 29 Interest Income 4,495 5,
Slide 14: Financial Performance: Interest Earnings
Major Highlights Business Financial Asset Quality Capital Performance Performance (Quarterly) Interest Earnings (Yearly) ( ₹ in Crore ) 6,000 5,467 ( ₹ in Crore ) 24,000 20,495 5,068 5,171 4,789 4,495 4,129 18,000 15,898 4,500 3,815 3,426 3,457 13,019 11,495 11,869 3,000 12,000 1,500 6,000 - - Mar`2
Slide 15: Interest Expenses and Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Expenses ( ₹ in Crore ) (Quarterly) ( ₹ in Crore ) (Yearly) 3,500 12,500 2,882 10,673 2,636 2,706 2,800 2,449 10,000 2,308 8,158 2,149 7,217 1,928 6,971 6,975 2,100 1,814 1,772 7,500 1,400 5,000 700 2,500 - -
Slide 16: Other Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ in Crore ) Quarter Ended Year Ended Particulars Mar`23 Dec`23 Mar`24 Y-o-Y (%) Mar`23 Mar`24 Y-o-Y (%) Rent, Taxes & Lighting 67 71 75 12 248 280 13 Printing & Stationery 12 8 11 (5) 26 32
Slide 17: Provisions & Contingencies
Major Highlights Business Financial Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ in Crore ) Quarter Ended Year Ended Particulars Mar`23 Dec`23 Mar`24 Mar`23 Mar`24 Provision for Non Performing 545 581 457 2,253 2,174 Assets Provision for 280 254 491 (114) 1,319 Standa
Slide 18: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Cost of Deposits (%) Cost of Funds (%) Cost to Income (%) 4.05 4.09 3.93 44.76 4.43 4.56 3.70 4.29 3.61 3.62 4.06 39.99 39.69 3.95 3.32 3.31 38.82 38.34 38.04 38.72 3.81 3.18 37.23 3.61 3
Slide 19: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Yield on Advances (%) Yield on Funds (%) Yield on Investments (%) 7.75 7.76 9.14 7.56 6.57 6.58 8.93 9.01 8.49 8.62 7.24 6.34 6.37 6.36 8.28 7.05 6.18 6.94 6.16 7.81 6.04 7.43 6.55 5.87 7
Slide 20: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Return on Assets (%) Return on Equity (%) 1.73 28.35 26.32 1.55 24.41 23.73 24.51 23.25 1.30 1.32 1.33 1.37 18.32 16.75 0.92 13.96 0.81 0.65 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 Sep
Slide 21: Assets & Liabilities – An Overview
Major Highlights Business Financial Asset Quality Capital Performance Performance Assets & Liabilities – An Overview ( ₹ in Crore ) Assets Mar`20 Mar`21 Mar`22 Mar`23 Mar`24 Cash & Balance with RBI 10,354 12,882 19,722 18,508 21,161 Balances with Bank & Call Money 93 59 194 21 9,150 Total Investment
Slide 22: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ in Crore ) Credit Portfolio – Balanced Loan Growth ( ₹ in Crore ) Growth RETAIL CREDIT Particulars Mar`23 Dec`23 Mar`24 (Y-o-Y) % Particulars Mar`23 Dec`23 Mar`24 Growth (Y-o-Y) % Gross Advances 1,75,120 1,88,670 2
Slide 23: Funded exposure to selected sectors & industries
Major Highlights Business Financial Asset Capital Performance Performance Quality Funded exposure to selected sectors & industries with total exposure (more than 1%) – March `24 Transport Operators 1.15 Vehicle Loans Top 3 selected sectors are 1.17 Infrastructure, Agriculture & Chemicals & Chemical
Slide 24: External Rating-wise Advances – Above 25 Cr
Major Highlights Business Financial Asset Capital Performance Performance Quality External Rating-wise Advances – Above 25 Cr ( ₹ in Crore ) Mar`23 Dec`23 Mar`24 Particulars No. of % of O/s No. of % of O/s No. of % of O/s O/s Amount O/s Amount O/s Amount Borrowers Amount Borrowers Amount Borrowers A
Slide 25: Asset Quality
Major Highlights Business Financial Asset Capital Performance Performance Quality Asset Quality ( ₹ in Crore ) Mar`23 Jun`23 Sept`23 Dec`23 Mar`24 Particulars Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Standard 1,70,786 97.53 1,
Slide 26: Gross & Net NPA, Provision Coverage Ratio
Major Highlights Business Financial Asset Capital Performance Performance Quality Gross & Net NPA (%) Provisions Coverage Ratio (%) 97.18 98.28 98.37 98.40 98.40 98.34 94.79 95.04 96.06 3.94 3.74 3.40 2.94 2.47 90.44 90.20 90.30 90.05 89.88 2.28 2.19 84.95 2.04 1.88 80.76 76.43 76.86 0.97 0.88 0.68
Slide 27: Movement of NPA and Sector-wise Credit Deployment
Major Highlights Business Financial Asset Capital Performance Performance Quality Movement of NPA ( ₹ in Crore ) Sector-wise Credit Deployment & NPA ( ₹ in Crore ) Last 5 Quarters Mar`23 Dec`23 Mar`24 Particulars Particulars Sector Sector Sector Sector Sector Sector Mar`23 Jun`23 Sept`23 Dec`23 Mar`
Slide 28: Retail and MSME Sector NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ in Crore ) Mar`23 Dec`23 Mar`24 Retail Sector NPA % Particulars Sector Sector Sector Sector Sector Advances Sector NPA Advances Advances 0.99 NPA % NPA NPA % NPA NPA % 0.94 0.88 Total Retail Cre
Slide 29: Capital Adequacy
Business Financial Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) (%) Particulars Mar`23 Dec`23 Mar`24 20 * 18.14 18.07 17.53 17.61 17.38 16.71 16.85 RWA for Credit Risk 96,823 1,11,491 1,24,129 16.48 16.15 16 14.25 14.36 13.47 13.72 13.72 RWA for Market Risk 3,4
Slide 30: Shareholding Pattern and Ratios
Business Financial Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Shareholding Pattern Particulars Mar`23 Jun`23 Sept`23 Dec`23 Mar`24 Domestic Mutual funds/ Individuals; Companies; 0.44% UTI; 0.41% 7.16% No. of Shares (in crore) 673.05 708.14 708
Slide 31: New Initiatives in Digital Banking
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards New Initiatives in Digital Banking Internet Banking • Payment of Credit Card dues Mobile Banking • CIF based consolidated statement WhatsApp Banking • e-FD and e-RD • Open PPF Account • Reduced Benef
Slide 32: New Initiatives in Information Technology
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards New Initiatives in Information Technology To enhance Core Technology Infra • Bank has established its own private cloud ‘NAKSHATRA’ enabling real-time allocation of infra resources for deployment of
Slide 33: Digital Footprints
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards Digital Footprints Digital transaction (%) UPI/BHIM Users (Mio) Whats App Onboarding (Mio.) 97.66 0.96 97.55 2.90 97.27 96.92 96.96 0.75 2.61 0.65 2.56 2.57 2.58 0.57 0.43 Mar`23 Jun`23 Sept`23 Dec`2
Slide 34: Financial Inclusion (in Lakhs)
Financial Products, Expanding Digital Banking ESG Initiatives Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 78.08 64.68 64.95 65.22 77.23 55.24 74.41 47.35 71.65 70.46 Mar`23 Jun`23 Sept`23
Slide 35: Expanding Footprints
Expanding Products, Financial Digital Banking ESG Initiatives Services & Inclusion Footprints Awards No. of Branches Category Mar`23 Jun`23 Sept`23 Dec`23 Mar`24 Metro 518 545 563 586 611 Urban 477 490 508 522 548 Semi Urban 602 621 661 684 720 Rural 606 607 609 609 610 Total Branches 2,203 2,263 2,
Slide 36: ESG Initiatives
Products, Digital Banking Financial Expanding ESG Services & Inclusion Footprints Initiatives Awards Green Finance E-Waste Tree Plantation Adoption of Green Energy •Maha Super Green Housing Loan •E-waste collected ~108440 KGS; •Total 10500 trees have been •Installed Solar panel at Head office Scheme
Slide 37: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 36 36 www.bankofmaharashtra.in /mahabank
Slide 38: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards National MSME Best Mid Sized Bank in Brand Visibility Award India during the 'Banking Awards 2022 at the hands of Hon'ble for at Tech Leadership & Economy Summit' Conclave organised by Prime Minister
Slide 39: www.bankofmaharashtra.in /mahabank
www.bankofmaharashtra.in /mahabank
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