Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q4 FY2023 Earnings Presentation
42 slides from Bank Of Baroda's earnings presentation, May 16, 2023
Slide 1: Performance Analysis Q4FY23 & FY23
Performance Analysis Q4FY23 & FY23 1
Slide 2: Major Highlights
Major Highlights © 2023 Bank of Baroda. All Rights Reserved Page | 2
Slide 3: Major Highlights
Major Highlights Business Details (INR crore) Key Performance Drivers Mar 31, 2022 Mar 31, 2023 YoY (%) Net Interest Margin (%) Net Profit (INR crore) 45 bps YoY Domestic Deposits 9,27,011 10,47,375 13.0 28 bps YoY 94% YoY International Deposits 1,18,928 1,56,313 31.4 3.53 Global Deposits 10,45,939
Slide 4: Financial Performance
Financial Performance © 2023 Bank of Baroda. All Rights Reserved Page | 4
Slide 5: Key Ratios
Key Ratios Cost of Deposits Net Interest Margin Domestic Domestic Global International 3.54% 3.65% 3.42% 3.14% 3.09% 4.52% 4.11% 3.85% 4.43% 4.01% 3.78% 3.53% 3.27% Q4FY22 Q3FY23 Q4FY23 FY22 FY23 International 0.50% 2.17% 1.88% 1.94% 1.74% 1.47% Q4FY22 Q3FY23 Q4FY23 Yield on Advances Domestic Global
Slide 6: Operating Performance
Operating Performance Particulars Q4 FY22 Q3 FY23 Q4 FY23 YoY (%) FY22 FY23 YoY (%) (INR crore) Interest on advances 12,835 17,106 19,095 48.8 49,279 64,073 30.0 Interest on investments 4,767 5,717 6,057 27.1 17,617 22,156 25.8 Other Interest income 572 717 705 23.3 2,985 3,359 12.5 Total Interest I
Slide 7: Non-Interest Income
Non-Interest Income Particulars Q4 FY22 Q3 FY23 Q4 FY23 YoY (%) FY22 FY23 YoY (%) (INR crore) Commission, Exchange, 786 728 898 14.2 2,771 2,970 7.2 Brokerage Incidental Charges 387 357 373 -3.6 1,202 1,329 10.6 Forex Income 62 69 58 -6.5 230 258 12.2 Other Miscellaneous Income 403 385 385 -4.5 1,28
Slide 8: Operating Expenses
Operating Expenses Particulars Q4 FY22 Q3 FY23 Q4 FY23 YoY (%) FY22 FY23 YoY (%) (INR crore) Employee Cost 2,702 3,347 3,779 39.9 11,979 13,353 11.5 of which: Salaries 2,332 2,520 3,014 29.2 9,216 10,237 11.1 Provisions for employees 370 827 765 -- 2,762 3,116 12.8 Other Operating Expenses 2,797 2,7
Slide 9: Profit Position
Profit Position Particulars Q4 FY22 Q3 FY23 Q4 FY23 YoY (%) FY22 FY23 YoY (%) (INR crore) Operating Profit 5,635 8,232 8,073 43.3 22,389 26,864 20.0 Total Provisions 3,736 2,404 1,421 -62.0 13,002 7,137 -45.1 of which: 5,200 817 320 -93.8 14,640 4,351 -70.3 Provision for NPA & Bad Debts Written-off
Slide 10: Business Performance
Business Performance © 2023 Bank of Baroda. All Rights Reserved Page | 10
Slide 11: Deposits
Deposits Particulars % share in Domestic Deposits in Mar’ 23 Mar’22 Mar’23 YoY (%) Dec’22 Mar’23 QoQ (%) (INR crore) Domestic CASA Deposits 4,10,123 4,42,511 7.9 4,17,812 4,42,511 5.9 Savings Deposits Domestic Saving 3,41,343 3,67,400 7.6 3,52,620 3,67,400 4.2 35% Deposits Domestic Current 68,780 75
Slide 12: Advances
Advances Particulars Mar’22 Mar’23 YoY (%) Dec’22 Mar’23 QoQ (%) % share in Gross Domestic Credit in Mar’23 (INR crore) Agriculture Retail* 1,40,399 1,78,037 26.8 1,66,861 1,78,037 6.7 15.6% Home Loans* 82,009 98,014 19.5 91,989 98,014 6.5 Auto Loans* 25,130 31,261 24.4 29,821 31,261 4.8 Corporate M
Slide 13: Industry-wise Outstanding
Industry-wise Outstanding Mar'22 Mar'23 Particulars (INR crore) Outstanding Share (%) Outstanding Share (%) Rating Profile Infrastructure of which 1,03,549 15.1 1,05,934 13.3 1. Power 50,260 7.3 49,560 6.2 2. Telecom 10,871 1.6 9,226 1.2 3. Roads & Ports 26,482 3.9 34,656 4.4 4. Other Infrastructure
Slide 14: Segment wise breakup & Ratings of NBFC Standard Outstanding
Segment wise breakup & Ratings of NBFC Standard Outstanding NBFC Portfolio by Ownership Rating Profile of NBFCs Standard Outstanding* Particulars Dec’22 Mar’23 Outstanding Outstanding 11% 12% % Share % Share (INR crore) (INR crore) Pvt others AAA 92,139 72.14 94,640 70.38 46% 45% Backed by Large AA
Slide 15: Treasury Operations
Treasury Operations Particulars • Domestic investment book comprises of 69.53% in HTM; 30.37% in Mar ’22 Dec ’22 Mar ’23 AFS and 0.10% in HFT. (INR crore) 3,04,062 • The percentage of Investments in SLR Securities to NDTL at Mar Domestic Investments 3,39,674 3,52,875 31, 2023 was at 27.54%. of which
Slide 16: Financial Inclusion
Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts (in Lakh) 33,206 Zero Balance Accounts (%) 29,927 5.8% 27,864 674 5.4% 5.2% 668 647 4,308 4,482 4,927 Mar'22 Dec'22 Mar'23 Mar'22 Dec'22 Mar'23 Market Share* of BOB in PMJDY Accounts (%) Mar'22 Dec'22 Mar'23 B
Slide 17: Asset Quality
Asset Quality © 2023 Bank of Baroda. All Rights Reserved Page | 17
Slide 18: Movement of NPAs
Movement of NPAs Particulars Q4 FY22 Q3 FY23 Q4 FY23 FY22 FY23 (INR crore) A. Opening Balance 55,997 46,374 41,858 66,671 54,059 B. Additions 5,780 2,881 2,744 14,255 11,150 Out of which, Fresh Slippages 4,514 2,172 2,242 11,046 8,141 C. Reductions 7,717 7,397 7,838 26,867 28,446 Recovery 2,136 1,71
Slide 19: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q4 FY22 Q3 FY23 Q4 FY23 Particulars (INR crore) Q4 FY22 Q3 FY23 Q4 FY23 Infrastructure of which 3,576 1,571 837 Corporate 14,533 7,514 3,636 1. Power 2,036 429 242 MSME 12,882 10,698 10,849 2. Tel
Slide 20: Asset Quality: Sectoral Fresh Slippages
Asset Quality : Sectoral Fresh Slippages Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Particulars (INR crore) Q4 FY22 Q3 FY23 Q4 FY23 FY22 FY23 Corporate 2,055 13 45 3,601 1,123 MSME 1,271 836 1,220 3,294 2,799 Retail 466 551 424 1,387 1,231 0.44 0.40 Agriculture 636 723 540 2,344 2,100 0.32 Others
Slide 21: Exposure to NCLT Accounts
Exposure to NCLT Accounts 49,353 99.29% 99.30% 99.20% 99.21% 35,843 98.50% 5,054 5,982 2,474 RBI 1 List RBI 2 List Accounts filed Accounts filed Total RBI 1 List RBI 2 List Accounts filed Accounts filed Total by BOB at by others at by BOB at by others at NCLT NCLT NCLT NCLT Exposure in INR Crore Pro
Slide 22: Capital Adequacy
Capital Adequacy © 2023 Bank of Baroda. All Rights Reserved Page | 22
Slide 23: Capital Adequacy
Capital Adequacy 16.24% 16.73% 15.68% 15.46% 15.25% 14.93% Tier II 2.25% 2.21% 2.50% 2.49% 2.44% 2.31% 1.69% AT-1 1.75% 1.76% 1.73% 1.86% 1.79% CET-1 12.24% 12.83% 11.42% 11.24% 10.95% 10.83% Mar'22 Jun'22 Sep'22 Dec'22 Mar'23 Consol Mar'23 Particulars (INR crore) Mar’22 Dec ’22 Mar ’23 Mar ’23 (Con
Slide 24: bob World
bob World © 2023 Bank of Baroda. All Rights Reserved Page | 24
Slide 25: bob World – Engagement leads to more Product Sales
bob World – Engagement leads to more Product Sales Credit Report for Customised Offers to customers customers 63 lakh users have availed the Analytics-based Models being services developed for customised offers to customers Ability of send push E-commerce – Offer basis notifications buying behavior
Slide 26: bob World Statistics
bob World Statistics App Downloads Activated Users Daily Active Users PL through Daily bob TxnsWorld 30 Million 53 Million Highest penetration of 41% 4.1 Million 8.6 Million in the Non-FI customer base %IMPS txns through %Billpay txns through Market Share* %FDs/RDs opened bob World bob World through
Slide 27: Digital Milestones
Digital Milestones © 2023 Bank of Baroda. All Rights Reserved Page | 27
Slide 28: Digital Milestones 1/2
Digital Milestones…1/2 1st 1st 2nd Rank in e-stamping Rank in e-sign Infra Rank in Debit Card usage usage Issuance Mar’23 Source: NeSL Mar’23 Source: NeSL Mar’23 Source: RBI 2nd 3rd 99.24% Rank in Mobile Rank in UPI UPI Remittance Banking Downloads remittance Success Rate Q4 FY23 Mar’23 Source: NPCI
Slide 29: Digital Milestones 2/2
Digital Milestones….2/2 88% 67% 97% 31% New SHG No of merchants using POS, Passbook updates Digital FDs Acquisition done digitally UPI QR, IPG (Digitally) as of 31.03.2023 Q4 FY23 as of 31.03.2023 as of 31.03.2023 49% 37% 48% 46% Credit Card Digitally active MSME Loans Digital MSME sourced digitally
Slide 30: Key Digital Initiatives
Key Digital Initiatives Launch of International UPI remittance in Launch of Digital On- Live on RBI’s CBDC Launch of UPI on Mauritius, Nepal, boarding Solution Platform (Retail and Credit cards* Bhutan, UAE and (POS) for merchants Wholesale) Singapore Highest penetration Launch of KCC STP Launch of
Slide 31: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) © 2023 Bank of Baroda. All Rights Reserved Page | 31
Slide 32: ESG Initiatives 1/2
ESG Initiatives…..1/2 Environment Social ➢ -175- branches (approx.) in rural/semi urban areas are being run on Solar Energy, ➢ SEWA Solar Pumps: Bank finances Solar powered pump sets to individual thereby reducing the consumption of power and carbon dioxide emissions. Approx. salt farmers in area of
Slide 33: ESG Initiatives 2/2
ESG Initiatives…..2/2 Governance ➢ Bank has a ‘Code of Ethics’ which is a landmark initiative for a Public Sector Bank. It follows a stakeholder centric approach and reaffirms the Bank’s commitment to each of our stakeholders. It also underlines the Bank’s responsibility to protect the environment a
Slide 34: Green Initiatives – 'Swachhata Pakhwada'
Green Initiatives – ‘Swachhata Pakhwada’ ➢ As a responsible Corporate Citizen, the Bank is committed to sustainable development, to reduce the impact of climate change as well as make a positive impact towards a cleaner India. ➢ Bank celebrated ‘Swachhata Pakhwada – A Fortnight for Clean India’ from
Slide 35: Social Initiatives
Social Initiatives Bank engages with various NGO’s to provide financial assistance for social welfare, some of the instances are furnished hereunder: ➢ For deserving poor students for their under-graduation studies through Vishwa Prakash Mission ➢ Purchase of two distribution vehicles for providing
Slide 36: Consolidated Financials
Consolidated Financials © 2023 Bank of Baroda. All Rights Reserved Page | 36
Slide 37: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance Baroda BNP Paribas Asset IndiaFirst Life Insurance Co. Ltd. BOB Financial Solutions Limited Management India Pvt. Ltd. (Subsidiary Holding - 65%) (Subsidiary Holding – 100%) (Subsidiary Holding – 50.1%) ❑ IndiaFirst Life recorded YoY growth of 27% in ❑ Number of Card
Slide 38: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance India Infradebt Limited Baroda Global Shared Services Limited BOB Capital Markets Limited (Joint Venture of 40.99%) (Subsidiary Holding – 100%) (Subsidiary Holding – 100%) ❑ India Infradebt Limited focused on ❑ BGSSL total income grew by 190.6% YoY in ❑ The . gross r
Slide 39: Overseas Subsidiaries and JVs performance
Overseas Subsidiaries and JVs performance Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (UK) Ltd. (Subsidiary Holding – 80%) (Subsidiary Holding – 86.7%) (Subsidiary Holding – 100%) ❑ Total Deposits of Bank of Baroda (Uganda) Ltd. ❑ Total Deposits of Bank of Baroda (Kenya)
Slide 40: Balance Sheet and PL – Consolidated
Balance Sheet and PL– Consolidated Particulars Particulars Mar’22 Dec ’22 Mar ’23 FY22 FY23 YoY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Net Interest Income 34,570 44,196 27.8 Capital 1,036 1,036 1,036 Share Application Money Pending Non Interest Income 14,395 16,639 15.6 0 0 0 Allotment To
Slide 41: Disclaimer
Disclaimer The information contained in this presentation is provided by Bank of Baroda (the “Bank”) to you solely for your information. This document is highly confidential and being given solely for your use and may not be retained by you and neither this presentation nor any part thereof may be (
Slide 42: Thank You
Thank You Try bob World Scan QR code to download © 2023 Bank of Baroda. All Rights Reserved Page | 42