Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q1 FY2024 Earnings Presentation
30 slides from Dhanlaxmi Bank's earnings presentation, June 2023
Slide 1: Investor Presentation Q1-FY 2023-24
Investor Presentation Q1-FY 2023 -24
Slide 2: Board of Directors
BOARD OF DIRECTORS Shri. Shivan J.K Shri. C.K. Gopinathan Shri. G. Rajagopalan Nair Shri. D. K. Kashyap Shri Jayakumar Yarasi MANAGING DIRECTOR & CEO DIRECTOR INDEPENDENT DIRECTOR RBI ADDITIONAL DIRECTOR RBI ADDITIONAL DIRECTOR DIRECTORS Shri. Sreesankar Shri. Sridhar Shri. K.N Madhusoodanan Dr. Nir
Slide 3: Performance Highlights – Y-o-Y
PERFORMANCE HIGHLIGHTS – Y-o-Y ❖ Total Business of the Bank grew by 10% and reached Rs.23,442 Crore. ❖ Total Deposit of the Bank registered a growth of 7 % to reach Rs.13,402 Crore. ❖ Gross Advance of the Bank grew by 15% to reach Rs.10,040 Crore. ❖ Gold Loan Portfolio registered a growth of 25% to
Slide 4: Performance Highlights – Y-o-Y
PERFORMANCE HIGHLIGHTS – Y-o-Y Total Income increased by 44.16% to reach Rs.341.40 Crore from Rs.236.82 Crore Cost Income Ratio reduced to 66.09% from 105.24%. Cost of Deposits increased to 4.96% from 4.41%. Cost of Funds increased to 5.07% from 4.52%. Gross NPA percentage improved to 5.21% from 6.3
Slide 5: Total Business
BUSINESS PERFORMANCE ₹. in Crore 23442 23206 22183 21857 TOTAL 21301 BUSINESS Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24
Slide 6: Total Deposit
DEPOSIT ₹. in Crore Bulk Deposit Total Deposit 13 13402 % 13352 2506 2313 2398 2121 2042 12939 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 12748 TOTAL 12576 Retail Deposit 5 DEPOSIT 10846 11004 % 10706 10626 10455 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 F
Slide 7: Deposit Mix
DEPOSIT ₹. in Crore CA SA CASA 2 CASA to Total Deposit % 4160 4324 4219 4260 4242 % 3454 3576 3465 3497 3457 33.08% 33.92% 32.61% 31.91% 31.65% 706 748 754 763 785 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 DEPOSIT Retail TD Bulk TD Term Deposit 9 Retai
Slide 8: Gross Advance
ADVANCES ₹. in Crore Gross Advance Retail Advance 15 % 7101 10040 6945 9854 6642 6515 6177 9244 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 9109 GROSS Corporate Advance 15 ADVANCE 8724 2910 2939 % 2594 2602 2547 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24
Slide 9: Advances
ADVANCES ₹. in Crore Gold Loan Corporate Advance 25 15 2274 2451 % % 1955 2051 2084 2939 2910 2594 2602 2547 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 SME 12 1754 % Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 1735 1698 1510 1498 Agri & Micro (Excl. Gold) 10 Advance % Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY
Slide 10: Advances
ADVANCES ₹. in Crore Retail Loan Total 17 Housing Loan 31 4528 % % 4295 785 837 875 4144 667 730 4028 3869 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Gold Loan Loan against property 25 69 2451 % 229 % 2051 2084 2274 216 1955 172 184 135 Retail Q1 FY23 Q2 FY23 Q
Slide 11: Advances
ADVANCES ₹. in Crore AGRI 1 CORPORATE 53 179 175 % 105 % 77 64 98 93 99 42 42 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 MSME 45 RETAIL % 6 Fresh 216 181 172 % Disbursement 136 140 144 158 116 109 64 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q1 FY23 Q2 FY23 Q3 F
Slide 12: Restructured Advances
RESTRUCTURED ADVANCES ₹. in Crore Total Restructured Advances Rs.368.13 Crore on 30th June, 2023. Restructured Advance Total Restructured Particulars Restructured Advance Advance Standard Gross Advance 10040 10040 10040 Gross Advance Education Loan Scheme 2.82 1.13 MSME standard 32.19 2.53 Restructu
Slide 13: Asset Quality
ASSET QUALITY ₹. in Crore Fresh Slippages Total Segment wise Fresh Slippages Particulars Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Agriculture 2.02 3.11 1.54 1.16 2.13 48.87 Corporate 31.75 3.61 0 0 8.99 MSME 10.81 4.7 6.93 5.3 8.48 Retail 4.29 11.7 8.75 4.44 8.81 Fresh Slippages Total 48.87 23.12 17.
Slide 14: Earnings Indicators
EARNINGS INDICATORS ₹. in Crore Operating Profit 1254 Net Profit 207 123.20 % % 49.36 54.30 57.94 21.73 28.30 35.35 15.89 Q1FY23 Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Q1FY23 Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 -26.43 -5.02 24 NII 1 NIM bps 127 % 3.64% 3.65% 3.60% 3.58% 117 116 119 115 3.40% Indicators Q1 FY23
Slide 15: Key Ratios
KEY RATIOS ROA 152 ROE 2349 0.76% bps bps 11.35% 0.34% 5.14% 0.10% 1.63% Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 -0.15% -12.14% -2.36% -0.76% Book Value (Rs.) EPS (Rs.) 208 14% 39.53 % 37.99 1.95 35.16 36.01 1.12 34.53 0.44 Ratios Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY
Slide 16: Asset Quality
ASSET QUALITY ₹. in Crore Gross NPA Net NPA 53 5% % 554 226 550 203 539 161 523 109 105 511 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Asset SMA Movement 30 % Quality 150 146 168 158 96 129 92 103 91 85 81 50 54 54 47 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 SMA 0
Slide 17: Asset Quality
ASSET QUALITY 114 160 Gross NPA % bps Net NPA% bps 2.69% 2.32% 6.35% 6.04% 5.83% 1.81% 5.19% 5.21% 1.16% 1.09% Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Provision Coverage Ratio (with Technical W/Off) 9.36 Provision Coverage Ratio (without Technical W/Off) 20.71
Slide 18: Performance Dashboard
PERFORMANCE DASHBOARD ₹. in Crore Number of Branches Per Branch Business 28 3 255 % % 92 92 253 85 77 72 247 245 245 31.03.20 31.03.21 31.03.22 31.03.23 30.06.23 31.03.20 31.03.21 31.03.22 31.03.23 30.06.23 Number of Staff 2 Business Per Employee 30 Performance 1767 % % 1743 13 13 12 1723 11 1714 10
Slide 19: CRAR and Liquidity
CRAR AND LIQUIDITY ₹. in Crore CRAR Particulars Q1FY23 Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Capital Adequacy Ratio 12.19% 12.32% 12.52% 12.32% 12.57% (%) 1.77% 1.78% 2.24% 2.24% 2.24% CRAR (%) 12.19% 12.32% 12.52% 12.32% 12.57% TIER I (%) 9.95% 10.08% 10.28% 10.56% 10.79% Risk Weighted Assets 6755 6804 6
Slide 20: Business Result
BUSINESS RESULT ₹. in Crore For the Quarter Ended Year Ended 30.06.2022 31.03.2023 30.06.2023 31.03.2023 Growth YOY Growth QoQ Particulars (Reviewed) (Audited) (Reviewed) (Audited) (YOY) Growth % (QoQ) Growth % Q1 FY 23 Q4 FY 23 Q1 FY 24 Q4 FY 23 Interest Income 258.37 274.10 289.14 1071.24 30.77 11
Slide 21: Balance Sheet Overview
BALANCE SHEET OVERVIEW ₹. in Crore 30.06.2022 30.09.2022 31.12.2022 31.03.2023 30.06.2023 Particulars (Reviewed) (Reviewed) (Reviewed) (Audited) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 621 636 658 708 747 Deposits 12576 12748 12939 13352 13402 Borrowings 4
Slide 22: Shareholding Pattern (as on June 30, 2023)
Shareholding Pattern(as on June 30, 2023) No. of Category Total Shares % To Equity Holders 53% Resident Individuals 1,06,902 13,43,68,965 53% (Including HUF) Foreign Portfolio - Corp 7 2,77,72,016 11% 8% 19% 8% 1% Non Resident Indians 1106 4,84,06,275 19% Bodies Corporates 367 2,14,18,562 8% Share H
Slide 23: Performance Dashboard
PERFORMANCE DASHBOARD ₹. in Crore Over 545 Customer Touch Points including 255 Branches, 273 ATMs and 17 BCs Branch Presence No. of Branches Population 30.06.2022 30.06.2023 Performance Metropolitan 106 111 Urban 62 66 Semi Urban 58 58 Rural 19 20 Grand Total 245 255
Slide 24: Digital Migration
Digital Migration In ‘000 100% achievement in Digital Transactions & Merchant Acquisition in the Bank Score card for FY 2022-23 released by Ministry of Electronics & Information Technology Mobile Transaction Volume 29 (MEITY). % 195 196 151 154 156 76.39% Q1FY23 Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Inter
Slide 25: Partners
NEW . - Canara €X>HSBC ® BAJA |Allianz@ 46 RELIGARE STREET TECH LIFE INSURANCE Ue cont mere O N SDL Gsmec Technology, Trust & Reach GEE) general SURAKSHA AUR BHAROSA DONO STA? M- SMART INVESTING Investor Presentation Q1 — 202
Slide 26: 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 of India and worked with
Slide 27: Strong Management Team
Strong Management Team Mr. Surendran A.V, Head- Treasury & Wholesale Banking ▪ Graduate in Science and CAIIB; More than 33 Years of experience in banking with specialization in Treasury Management for 17 years. ▪ Worked as Regional Head and handled Government Business. Mr. Santoy John, Chief Complia
Slide 28: Strong Management Team
Strong Management Team Mr. Suresh M Nair, Chief Credit Officer ▪ Bachelor in Commerce and CAIIB; Over 40 Years of experience in Banking with SBI Group (State Bank of Travancore, State Bank of Patiala & State Bank of India). ▪ Vast experience in Corporate Credit, SME, Stressed assets & Project Financ
Slide 29: 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 30: Thank You...
DhanlaxmiBank { Thank You... Investor Presentation Q1 — 2023-24