Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q2 FY2023 Earnings Presentation
25 slides from Dhanlaxmi Bank's earnings presentation, September 2022
Slide 1: Investor Presentation Q2 – FY 2022-23
Investor Presentation Q2 – FY 2022-23 Trusted by 2 million Customers and 98 Thousand Investors
Slide 2: Performance Highlights
Performance Highlights Performance Highlights YoY: ❑ Total Business of the Bank grew by 15.71% and reached Rs.21,857 Crore. ❑ Deposits registered a growth of 6.96% to reach Rs.12,748 Crore. ❑ CASA registered a growth of 8.21% to reach Rs.4324 Crore. ❑ Retail Deposits registered a growth of 6% to rea
Slide 3: Business Progress
BUSINESS PROGRESS ₹. in Crore BUSINESS PROGRESS 21857 20847 18834 17307 17239 17703 8444 9109 6387 6799 7122 6636 10920 10603 10904 11712 12403 12748 31.03.2018 31.03.2019 31.03.2020 31.03.2021 31.03.2022 30.09.2022 DEPOSIT GROSS ADVANCE TOTAL BUSINESS Investor Presentation - September 2022 3
Slide 4: Key Revenue Parameters
Key Revenue Parameters ₹. in Crore ₹. in Crore Net Interest Income Other Income 117.30 68.67 116.44 90.66 95.74 96.43 37.58 34.53 22.76 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 -21.55 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 ₹. in Crore ₹. in Crore Operating Profit Net Profit 63.62 23.42 15.89 35.35 2
Slide 5: Key Ratios
Key Ratios Net Interest Margin Cost to Income Ratio 3.64 3.58 2.85 2.94 3.00 105.24 82.05 80.71 87.09 74.73 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 RoA RoE 3.99 0.27 2.38 0.16 1.95 0.13 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2
Slide 6: Key Indicators
Key Indicators Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Book Value 34.57 34.66 35.57 34.53 35.16 Investor Earnings EPS 0.14 0.08 1.42 (1.04) (0.42) % of CASA + Core Deposits Retail Deposit 84% 84% 85% 83% 84% RoA 0.16 0.13 0.27 (0.76) (0.15) Profitability RoRWA 47.34 47.29 49.07 47.68 46.93 (Annualiz
Slide 7: Asset Quality – Rating Distribution
Asset Quality – Rating Distribution Rating Profile of Corporate Loan Book External Rating of Corporate Advances Unrated, AAA, 12% Q2- FY 22-23 Rating Q1 FY23 Q2 FY23 10% AAA 12% 12% AA, 13% AA 13% 13% <BBB, 25% A 19% 18% BBB 21% 20% A, 19% <BBB 25% 25% BBB, 21% Unrated 10% 12% AAA AA A BBB <BBB Unra
Slide 8: Comparison: Y-o-Y
Comparison : Y-o-Y Gross Advance Corporate MSME Agri & Micro Retail Advance 31% 56% 28% 19% 21% ₹. ₹. in Crore in Crore 6971 - 9109 1659 - 2594 1170 - 1498 731 - 873 3411 - 4144 Total Deposit CA SA CASA Retail TD Deposits 7% 6% 9% 8% 6% ₹. in Crore 11918 - 12748 705 - 748 3291 - 3576 3996 - 4324 604
Slide 9: Comparison: Q-o-Q (Q1-Q2)
Comparison : Q-o-Q (Q1- Q2) Gross Advance Corporate MSME Agri&&Micro Agri Micro Retail(incl. Retail (incl.Gold) Gold) (0.80) Advance 4% 2% % 9% 6% ₹.₹.ininCrore Crore 8724 - 9109 2547 - 2594 1510 - 1498 798 - 873 3869 - 4144 Total Deposit CA SA CASA Retail TD Deposits 1% 6% 3% 4% 1% ₹. in Crore ₹. i
Slide 10: Liability Trends
Liability Trends ₹. in Crore CASA Growth ₹. in Crore DEPOSITS 4324 4252 4160 10455 10706 10191 10510 10041 3996 4008 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 84% 85% 84% 84% 84% 4.60 Cost of Deposits 4.56 4.54 1877 1910 1893 2121 2042 4.41 4.39 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Retail Bulk Q2 F
Slide 11: Advances
Advances Corporate ₹. in Crore GROSS ADVANCE 2578 2547 2594 2163 1659 Corporate 28% Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 ₹. in Crore Retail Retail 6177 6515 72% 5866 5312 5389 Corporate Retail Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Investor Presentation - September 2022 11
Slide 12: Asset Quality
Asset Quality 136.02 Fresh Slippages ₹. in Crore 48.87 25.31 23.12 10.45 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 161 SMA Movement ₹. in Crore 99 166 55 50 54 275 135 93 92 85 161 176 150 146 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 SMA 2 SMA 1 SMA 0 Investor Presentation - September 2022 12
Slide 13: Asset Quality
Asset Quality Gross NPA% Net NPA% 8.67% 4.92 7.55% 6.32% 6.35% 6.04% 3.83 2.85 2.69 2.32 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 CD Ratio Provision Coverage Ratio 83.25 68% 69% 71% 62% 80.64 81.43 58% 77.55 74.18 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22
Slide 14: Restructured Standard Advances
Restructured Standard Advances Restructured Standard Advances as on 30th September, 2022 ₹. in Crore Total Restructured Standard Advances - Rs.328.16 Crore 3.36, 1% 27.21, 8% Education Loan 0.63, 0% MSME standard Restructuring 38.97, 12% Other restructuring 242.43, 74% Project Under Implementation 1
Slide 15: Digital Migration
Digital Migration Digital Migration 71.49% 44.74% 28.71% Share of Digital Banking Transactions @ Retail Internet Mobile Banking Banking 71.49% as on turnover up by turnover up by 30th Sept 2022 44.74% YoY 28.71% YoY compared to 60.91% as on 30th Sept 2021 Investor Presentation - September 2022 15
Slide 16: Digital Migration
Digital Migration in Lakhs in Lakhs Mobile Banking Registered Customers Retail Internet Banking Registered Customers 8.31 8.34 8.08 8.10 7.96 7.98 7.76 7.79 7.56 7.59 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Investor Presentation - September 2022 16
Slide 17: Balance Sheet overview
Balance Sheet overview ₹. in Crore 30.09.2021 31.03.2022 30.06.2022 30.09.2022 Particulars (Reviewed) (Audited) (Reviewed) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 253 Reserves and Surplus 622 647 621 636 Deposits 11918 12403 12576 12748 Borrowings 150 150 454 580 Other Liabilities and
Slide 18: Business Result
Business Result ₹. in Crore 30.09.2021 30.06.2022 30.09.2022 Growth YOY Particulars (Reviewed) (Reviewed) (Reviewed) (YoY) Growth% Q2 Q1 Q2 Interest Income 229.01 258.37 262.50 33.49 14.62 Interest Expenses 138.35 141.07 146.06 7.71 5.57 Net Interest Income 90.66 117.30 116.44 25.78 28.44 Non Intere
Slide 19: Indicators
Indicators ₹. in Crore Particulars Q2 FY 22 Q3 FY 22 Q4 FY 22 Q1 FY 23 Q2 FY 23 Yield on Advances (%) 9.56 9.62 9.39 9.41 9.28 Yield on Investments (%) 5.10 5.18 5.27 5.59 5.57 Cost of Deposits (%) 4.60 4.56 4.54 4.41 4.39 Cost of Funds (%) 4.70 4.67 4.64 4.52 4.50 Net Interest Margin (%) 2.85 2.94
Slide 20: 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 21: 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 22: 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 - September 2022 22
Slide 23: Branch Network
Branch Network Over 520 customer touch points including 247 branches, 263 ATMs and 17 BCs Branch Presence Metro Branches – 58 Urban Branches – 63 Semi-Urban Branches –107 Rural Branches – 19 Investor Presentation - September 2022 23
Slide 24: 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 25: Investor Presentation – September 2022
Investor Presentation – September 2022 25