IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q3 FY2015 Earnings Presentation
25 slides from IDBI Bank's earnings presentation, December 2014
Slide 1: Presentation to Analysts
Presentation to Analysts December 2014
Slide 2: Genesis
Genesis 1964- 1964-1976 1994- 1994- 00 2003 - 06 2007- 2007- 14 Set up by an IDBI Act amended IDBI Repeal Act Complete Networking (100% Act of to permit private passed in Core Banking) Parliament in ownership upto December 2003 Name changed to IDBI Bank 1964 as a 49%. for conversion to a Ltd subsidi
Slide 3: Status as Leading DFI
Status as Leading DFI • Leading provider of long term finance o Played an apex role in helping create the industrial and infrastructural base in the country o Total Investments generated – ` 4000 billion (approx.) (over USD 80 bn) o Significant player in domestic debt syndication. • Played a pivotal
Slide 4: Distribution Network
Distribution Network • Reach • 1611 branches; 2855 ATMs • 1- Overseas, 359-Metro, 443-Urban, 471-Semi Urban & 337-Rural • Presence in 1173 locations • Network of : o 75 Retail Asset Centres o 6 PSG Processing Centres o 21 Credit Processing Centres o 6 Regional Processing Units o 29 Central Clearing
Slide 5: Highlights (Q3FY15 over Q3FY14)
Highlights (Q3FY 15 over Q3FY 14) (` in Crore) 197303 233199 1488 524 1239 104 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 11% 20% 4% 19% 10% 1% 178528 193858 1431 442 1114 103 2.18% 2.50% 2.10% 1.85% Q3 FY 15 21.88 2.00% 1.85% 22 Q3 FY 14 21.77 21.8 Dec-14 1.50% 21.6 1.00% 21.4 Dec-13 0.14% 0.50
Slide 6: Balance Sheet
Balance Sheet (` in Crore) As at Dec-14 Dec-13 LIABILITIES Capital 1604 1604 Reserve & Surplus 22322 21713 [Net Worth] 22251 21427 Deposits 233199 193858 Borrowings 64464 65946 Other Liabilities & provisions 9798 9133 Total 331387 292255 AS S ETS Cash & balance with RBI 11647 10144 Bal. with banks &
Slide 7: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended 9 Months Ended Particulars Dec-14 Dec-13 Dec-14 Dec-13 Interest income 7159 6618 20742 19882 Interest expenses 5728 5129 16654 15435 Net Interest income 1431 1488 4088 4447 Other Income 777 532 2037 1828 Total income 2208 2020 6125 6275 Operating Expenses 109
Slide 8: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended 9 Months Ended Particulars Dec-14 Dec-13 Dec-14 Dec-13 Commission, Excg & Brkg 452 371 1286 1179 Profit on sale of investments 242 47 396 145 Profit/(Loss) on revaluation of investment -8 -4 -28 6 Profit on sale of Fixed Assets 0 0 0 -2 Profit on fo
Slide 9: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended 9 Months Ended Particulars Dec-14 Dec-13 Dec-14 Dec-13 Staff Cost 508 316 1401 1166 Rent, taxes & lighting 103 77 276 213 Printing & stationery 15 15 39 35 Advertisement & Publicity 27 11 37 20 Depreciation 35 27 101 81 Postage, Telegram, Tele
Slide 10: Key Ratios
Key Ratios Quarter Ended 9 Months Ended Particulars Dec-14 Dec-13 Dec-14 Dec-13 Net Interest Margin 1.85% 2.18% 1.83% 2.16% Return on Assets 0.13% 0.14% 0.14% 0.27% Return on Equity 1.85% 2.10% 1.97% 4.09% Cost of all liabilities 7.03% 7.08% 6.98% 7.03% Yield on Total Assets 9.74% 9.87% 9.55% 9.89%
Slide 11: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) P a rt ic ula rs D e c - 14 D e c - 13 Tot a l Busine ss [ De p. + Adv .] 4 3050 2 3 723 87 S B De po sit s t o To t a l De p osit s 12 .7 0% 12.5 6% Cur r e n t Ac c o unt De po sit s t o To t a l De po sit s 9.18% 9 .2 1% Tim e De po sit s t o To t a l De po sit s
Slide 12: NPAs
NPAs (` in Crore) Particulars De c-14 De c-13 Gross Advances 204298 183923 Gross NPAs 12140 10012 Gross NPAs as % of Gross Advances 5.94% 5.44% T otal Provisions held (including NPV Loss) 6995 5395 Net Advances 197303 178528 Net NPAs 6028 5223 Net NPAs as % of Net Advances 3.05% 2.93% Provision Cove
Slide 13: Summary of NPAs as on December 31, 2014
Summary of NPAs as on December 31, 2014 (` in Crore) For the Quarter Gross NPA NPA Provision Net NPA & NPV Loss As on 01.10.2014 11559 6121 5438 Additions (First Time NPA) 1601 1015 586 Less: (i) Upgradations 141 63 78 (ii) Recoveries 146 228 -82 (iii) Write off 733 733 0 As on 31.12.2014 12140 6112
Slide 14: Classification of NPAs as on December 31, 2014
Classification of NPAs as on December 31, 2014 (` in Crore)) % of Provision Gross NPA Provision NPV Loss Net NPA to Gross NPA Sub Standard Assets 3499 628 4 2867 18.06 Doubtful Assets 8321 5114 46 3161 62.01 Loss Assets 320 320 0 0 100.00 Total 12140 6062 50 6028 50.34 14
Slide 15: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore)) Particulars Quarter ended FY ended Dec-14 Dec-13 Mar-14 Depreciation on investment 2 116 180 Provision for NPAs -35 590 1681 Provision towards standard assets* 67 38 173 Provision for Restructured Assets (including FITL) 161 235 486 Income Tax 90
Slide 16: Liabilities
Liabilities (` in Crore) Deposits Dec-14 Dec-13 Current 21419 17857 Savings 29614 24344 Term 182166 151657 Total 233199 193858 Maturity Profile Amount Borrowings Dec-14 Dec-13 Upto 6 months 92281 Tier I 4209 2559 6 months -1 year 57125 Tier II 13621 14566 1 year - 3 years 79943 Others 26889 23464 3
Slide 17: Advances
Advances (` in Crore) Nature Dec-14 Dec-13 Bills 4897 3650 Vertical Dec-14 Dec-13 CC, OD,WCDL ETC 50590 43504 Term Loans- Other 141816 131374 CBG 90548 83684 Total 197303 178528 ICG 50472 48535 Top 20 Borrowers 23410 RBG 56283 32986 Maturity Profile Advances PSG# - 13323 Upto 6 months 26034 Grand To
Slide 18: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 23421 8140 31561 28070 12723 40793 OIL & GAS/PETROLEUM PRODUCTS 11160 7827 18986 12824 16676 29500 ROADS & BRIDGES / PORTS 13960 5788 19747 16298 10986 27284 HOUSING LOANS 24758 0 24758 26127 0 26127 INFRASTRUCTURE
Slide 19: Summary of Restructured Advances as on December 31, 2014
Summary of Restructured Advances as on December 31, 2014 (` in Crore) Particulars PA NPA Total Gross 18448 3166 21614 Less: FITL Provision 1202 228 1429 Net of FITL Provision 17246 2938 20185 Less: Cases considered for Provisioning @ 0.40% 2342 0 2342 Total 14905 2938 17843 19
Slide 20: Industry wise Restructured Advances
Industry wise Restructured Advances (` in Crore) Ne t Ne t Industry O utstanding Industry O utstanding De c 2014 De c 2014 AGRO INDUSTRIES 213 JEWELLERY MFG 130 AIR TRANSPORT 485 METAL INDUSTRY 1 218 AQUACULTURE 84 MINING AND QUARRYING 47 CEMENT 263 MISC. INDUSTRY 122 CERAMIC INDUSTRY 108 MOTOR VEHI
Slide 21: PA to NPA out of Restructured Advances as on Dec 31, 2014
PA to NPA out of Restructured Advances as on Dec 31, 2014 (` in Crore) Net Net Outstanding Outstanding Industry Dec 2014 Industry Dec 2014 AGRO INDUSTRIES 90 IRON AND STEEL 1 AQUACULTURE 52 METAL INDUSTRY 175 CEMENT 7 MINING AND QUARRYING 3 CERAMIC INDUSTRY 64 MISC. INDUSTRY 78 CHEMICAL AND FERTILIZ
Slide 22: Investments
Investments (` in Crore) C ate gory HTM AFS HFT Total Government securities 55229 9158 2009 66396 SASF Securities 4691 0 0 4691 Shares (Equity) 0 2487 46 2533 Shares (Preference) 0 460 0 460 Debentures/ Bonds 0 10094 214 10308 Subsidiaries / Joint Ventures 702 0 0 702 Security Receipts 0 527 0 527 O
Slide 23: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage IDBI CAPITAL MARKET SERVICES LIMITED 100 IDBI INTECH LIMITED 100 IDBI MF TRUSTEE COMPANY LTD. 100 IDBI ASSET MANAGEMENT LTD. 66.67 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48 NATIONAL SECURITIES
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED 19.18 OTC EXCHANGE OF INDIA LIMITED 17.00 CREDIT ANALYSIS AND RESEARCH LIMITED 16.62 EDC LIMITED 11.43 NEPAL DEVELOPMENT BANK LIMITED 10.00 UNIVERSAL COMMODITY EXCHANGE LTD. 10.00 CLEAR
Slide 25: Thank You
@ DBI BANK Thank You