Idbi Bank Limited · NSE:IDBI
Idbi Bank — Q1 FY2022 Earnings Presentation
43 slides from Idbi Bank's earnings presentation, Jul 28, 2021
Slide 1: Exchange filing cover letter
311 31Te ft CI d-I 6 IDBI Bank Limited riatTa oietTel4 : 3iltaRt31re CI4L, Regd. Office : IDBI Tower, cmt c crd, c q u2s , WTC Complex, Cuffe Parade, CIN: L65190MH2004G01148838 ajm - 400 005. Mumbai - 400 005. : (+91 22) 6655 3355, 2218 9111 TEL.: (+91 22) 6655 3355, 2218 9111 : (+91 22) 2218 0411 F
Slide 2: Investors Presentation Financial Results Q1 FY 2021-22
INVESTORS PRESENTATION FINANCIAL RESULTS Q1 - FY 2021-22 July 28, 2021 Page 1
Slide 3: Content
Content 1 Highlights 2 Financial Performance 3 Business Performance 4 Treasury Operations 5 Asset Quality 6 Capital 7 Digital Banking and Financial Inclusion 8 Subsidiaries 9 Way Forward Page 2
Slide 4: Highlights
Highlights Page 3
Slide 5: Major Highlights for Q1 FY 2022 – Continued Balance Sheet Strengthening
Major Highlights for Q1 FY 2022 – Continued Balance Sheet Strengthening PAT Rs.603 crore Operating Profit NII Rs.2506 crore NIM 4.06% PBT at Rs.1024 crore Rs.2776 crore Cost to Net Income Total CRAR 16.23% Total RWA Cost of deposit 3.72% Ratio 33.02% Tier 1 Capital 13.64% Rs.154285 Crore Cost of fun
Slide 6: Key Metrics for Q1 FY 2022
Key Metrics for Q1 FY 2022 Profitability - Strong operating momentum PAT at Rs.603 crore, up by 318% YoY and 18% QoQ PBT at Rs.1024 crore, up by 134% YoY and 142% QoQ Operating Profit at Rs.2776 crore, up by 109% YoY NII at Rs.2506 crore, grew by 41% YoY NIM for Q1 FY 22 at 4.06%, improved
Slide 7: Key Metrics for Q1 FY 2022 (contd.)
Key Metrics for Q1 FY 2022 (contd.) Asset Quality - Improving Trend Net NPA at 1.67%, improved by 188 bps YoY and 30 bps QoQ GNPA at 22.71%, improved by 410 bps YoY and 34 bps QoQ PCR stood at 97.42%, improved by 271bps YoY and 52 bps QoQ Capital - Adequately Capitalised Tier 1 Capital at 13
Slide 8: Financial Performance
Financial Performance Page 7
Slide 9: Profitability
Profitability (Rs.Crore) 733 863 634 3 127 (85) 603 318% 144 +41% +63% -11% +0.37% +97% +43% PAT Q1 FY21 Net Interest Income Other Income Employee Cost Other Op. Cost Prov. & Contg. Tax PAT Q1 FY22 (Excl. Tax) 458 511 (45) (128) (734) (705) 603 512 18% -23% +39% -6% -16% -29% +570% PAT Q4 FY21 Net I
Slide 10: Profit & Loss
Profit & Loss (Rs.Crore) Quarter ended Variance Particulars FY 21 Jun-20 Mar-21 Jun-21 YoY% QoQ% Interest Income 4896 5782 4916 - (15) 19930 Interest Expenses 3124 2542 2410 (23) (5) 11414 Net Interest Income 1772 3240 2506 41 (23) 8516 Other Income 1005 1181 1639 63 39 4627 Net Total Income 2777 44
Slide 11: Interest Income & Interest Expense
Interest Income & Interest Expense (Rs.Crore) Quarter ended Variance ` FY21 Jun-20 Mar-21 Jun-21 YoY% QoQ% Interest Income Interest on Advances 3058 2902 3399 11 17 11819 Interest on Invest. 1522 1377 1348 (11) (2) 5805 including bal. with RBI & Other Inter Bank Funds Other Interest Income 317 1503
Slide 12: Provisions & Contingencies
Provisions & Contingencies (Rs.Crore) Quarter ended Variance Particulars FY21 Jun-20 Mar-21 Jun-21 YoY QoQ Depreciation on Investment 1007 972 782 (225) (190) 2078 Provision – NPAs (1335) (1120) 199 1534 1319 (2571) Provision – Standard Assets 93 708 353 260 (355) 1839 Provision - Restructured Asset
Slide 13: Yield Ratios (cumulative)
Yield Ratios (cumulative) Yield on Advances NIM 11.11% 4.06% 3.38% 2.81% 2.79% 9.54% 9.56% 2.76% 9.53% 9.49% Jun 20 Sep 20 Dec 20 FY 21 Jun 21 Jun 20 Sep 20 Dec 20 FY 21 Jun 21 Cost To Net Income 53.60% 52.25% 51.71% 46.05% 33.02% Jun 20 Sep 20 Dec 20 FY 21 Jun 21 Page 12
Slide 14: Cost of Funds & Cost of Deposits (cumulative)
Cost of Funds & Cost of Deposits (cumulative) Cost of Deposits 4.65% 4.53% 4.41% 4.29% 3.72% Jun 20 Sep 20 Dec 20 FY 21 Jun 21 Cost of Funds 4.96% 4.84% 4.69% 4.56% 3.98% Jun 20 Sep 20 Dec 20 FY 21 Jun 21 Page 13
Slide 15: Business Performance
Business Performance Page 14
Slide 16: Balance Sheet
Balance Sheet (Rs.Crore) As at Jun-20 Mar-21 Jun-21 LIABILITIES Capital 10381 10752 10752 Reserve & Surplus 23788 26059 26662 Deposits 219379 230898 222381 Borrowings 36206 15908 23832 Other Liabilities & Provisions 9746 14147 12016 Total 299500 297764 295643 ASSETS Cash & Balance with RBI 9028 1301
Slide 17: Business Performance
Business Performance Total Deposit CASA 1% YoY CASA Deposits 52.44% 230898 CASA Share 4% QoQ 50.45% 47.55% 222381 116609 219379 116491 104315 Jun-20 Mar-21 Jun-21 Jun-20 Mar-21 Jun-21 Deposit Mix Deposit Mix Current Deposits to Total Deposits % 26821 43% YoY 17.58% 17.47% 27% QoQ 19450 17.06% SB Dep
Slide 18: Business Performance
Business Performance Saving Deposits Retail Deposits 16% YoY 7% YoY 2% QoQ 1% QoQ 77751 87586 75891 86322 66882 80804 Jun-20 Mar-21 Jun-21 Jun-20 Mar-21 Jun-21 Current Deposits Bulk Deposits 4% YoY 43% YoY 4% QoQ 27% QoQ 40601 34260 38857 26821 19450 37433 Jun-20 Mar-21 Jun-21 Jun-20 Mar-21 Jun-21 P
Slide 19: Business Performance and Advances
Business Performance and Advances Gross Advances Structured Retail Assets Retail Advances Agri Advances MSME Advances Corporate Housing Loan Loan Against Property Auto Loan Education Loan Personal Loan 596 561 521 1055 1013 975 38% 38% 1907 1868 1778 43% 12525 12789 12313 8% 8% 7% 58634 60756 59309
Slide 20: Priority Sector
Priority Sector (Rs.Crore) Jun 20 Mar 21 Jun 21 Growth over Particulars Amount % of ANBC Amount % of ANBC Amount % of ANBC March-21 1 2 3 4 5 6 7 (8)=[(6)-(4)] ANBC 172206 169317 157737 Priority Sector Advances (a+b+c) 70042 40.67 69334 40.95 76108 48.25 6774 (a) Agriculture (i+ii+iii+iv) 31053 18.0
Slide 21: Treasury Operations
Treasury Operations | @)IDBI BANK] Page 20
Slide 22: Investments
Investments (Rs.Crore) AFS BREAKUP Category Jun-20 Mar-21 Jun-21 3171 HTM 57608 57172 55623 1715 AFS 24926 23151 21262 766 HFT 1350 700 1858 Total 83884 81023 78743 15609 Government securities Shares (Equity& Preference) Debentures/ Bonds Modified Duration of AFS Portfolio CPs/CDs/MF/VCF/PTC'S,Secur
Slide 23: Asset Quality
Asset Quality | @)IDBI BANK] 2x22
Slide 24: COVID-19 – Provision Details
COVID -19 – Provision Details (Rs.Crore) Particulars Jun-21 In QE March 2020 247 In QE June 2020 116 COVID Second Wave (Additional provision in QE March 2021) 500 COVID Restructuring in QE June 2021 484 Total COVID 19 Provision held 1347 Page 23
Slide 25: Asset Quality
Asset Quality PCR improved to 97.42% (Jun 2021) from 94.71% (Jun 2020) (Rs.Crore) Particulars Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Gross Advances 165890 163841 159663 161901 156698 Gross NPAs 44475 41091 37559 36212 35594 Gross NPAs as % of Gross Advances 26.81 25.08 23.52 22.37 22.71 Total Provisions
Slide 26: NPA Movement
NPA Movement (Rs.Crore) DESCRIPTION Q1 FY 21 Q2 FY 21 Q3 FY 21 Q4 FY 21 FY 21 Q1 FY 22 Opening Balance 47272 44475 41091 37559 47272 36212 Add: a. First Time NPA 69 32 - #2281 2382 1332 b. Increase in existing NPA 62 79 35 74 250 245 Less: c. Settled 1288 1261 736 1233 4518 587 d. Up-gradation 44 28
Slide 27: NCLT – Summary
NCLT – Summary (Rs.Crore) NCLT Admitted PCR % DA 3 and Loss DA 2, DA 1 & SSA TWO 44923 100% 100% 100% 100% 28937 27,378 5390 9,440 8,105 10596 RBI List 1 RBI List 2 Others Total RBI List 1 RBI List 2 Others Total Asset Class of NCLT Cases Filed But Not Admitted PCR% Filed By 16267 16267 100% 14430 7
Slide 28: SMA Position
SMA Position (Rs.Crore) SMA 0 SMA 1 SMA 2 8441 7860 6742 7007 6385 5326 3715 3191 3084 2956 2555 2466 2700 2348 2298 2367 1940 1535 1542 1621 1012 922 530 493 Feb-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Corporate Retail 5735 5826 5413 5146 5928 2317 2706 2034 767 1329 1239 1079 Feb-20 Jun-20 Sep-20 De
Slide 29: Capital
Capital ! @) IDBI BaNk |
Slide 30: Capital Adequacy
Capital Adequacy (Rs.Crore) Particulars Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 CET 1+CCB (Rs.) 17051 17403 19444 @ 20572 21044 AT 1 (Rs.) - - - - - Tier 1 Capital (Rs.) 17051 17403 19444 20572 21044 Tier 2 Capital (Rs.) 4470 4106 4051 3981 4004 Total Capital (Rs.) 21521 21509 23495 24553 25048 RWA (Rs.)
Slide 31: Shareholding Pattern
Shareholding Pattern (Rs.Crore) Jun 2020 Jun 2021 0.14% 1.75% 1.34% 3.94% 47.11% 45.48% 51.00% 49.24% LIC GOI FI/FPI/Banks/MF/Insurance Others LIC GOI FI/FPI/Banks/MF/Insurance Others Particulars Jun-20 Jun-21 Book Value (Rs. per share) Rs.26.70 Rs.29.01 Market Capitalisation Rs.45,788 Cr Rs.40,752
Slide 32: Digital Banking & Financial Inclusion
Digital Banking & Financial Inclusion Page 31
Slide 33: Digital Footprint
Digital Footprint Customer Induced Financial Transaction Analysis Jun-20 Jun-21 UPI ATM Cash withdrawl 1.56% 0.82% Branch Manual Transactions 1.65% 3.23% Debit Card 2.08% 4.88% 3.88% Branch Initiated Digital Transactions 5.43% 4.59% Internet Banking 7.36% 5.96% NACH 93% customer 91% customer induced
Slide 34: Digital Footprint for Q1 FY 2022
Digital Footprint for Q1 FY 2022 Internet Banking Users (In Lakhs) BHIM UPI Users (In Lakhs) Mobile Banking Users (In Lakhs) 43.04 36.00 123.02 32.24 113.21 31.42 Jun-20 Jun-21 Jun-20 Jun-21 Jun-20 Jun-21 Debit Cards (In lakhs) Merchant Base (In lakhs) Payment Acceptance Channels 2% 12% 1% 2.27 131.
Slide 35: Digital Footprint
Digital Footprint Payment Acceptance Channels (as on Jun 30, 2021) 163059 28315 32012 3382 3201 ATMs/CRMs Physical PoS Bharat QR Merchants BHIM / UPI Merchants AePS Merchants MeitY’s Score Card Bank has surpassed the digital transactions target allocated by MeitY for FY 2020-21 i.e. 111.3% achieveme
Slide 36: Digital Footprint
Digital Footprint WhatsApp Banking enhanced with additional services such as Account balance in Fixed deposit accounts, Loan accounts and Update KYC . IDBI Bank in partnership with LIC Cards Services Ltd, a fully owned subsidiary of LIC of India launched Contactless Co-branded RuPay Prepaid Gift Car
Slide 37: Financial Inclusion
Financial Inclusion PMJDY ACCOUNTS Total PMJDY A/c (lakh) Aadhar Seeding under PMJDY 8.49 6.56 (Lakhs) 8.48 RuPaycards issued (Lakhs) 7.07 8.46 8.45 8.44 Sub Service Areas (Number) 490 Villages Covered (Number) 484 Jun, 2020 Sep, 2020 Dec, 2020 Mar, 2021 Jun, 2021 Transactions through Individual Bus
Slide 38: Financial Inclusion
Financial Inclusion MUDRA Yojana as on Jun 30, 2021 Sanction Outstanding (Rs.crore) 2038 1474 1535 880 166 84 Shishu (No. of A/c - 74083) Kishor (No. of A/c - 72355) Tarun (No. of A/c - 34256) Enrolment under Social security Scheme as on Jun 30, 2021 APY Subscription (in lakh) PMSBY Enrolments (in l
Slide 39: Subsidiaries
Subsidiaries | @)IDBI BANK] P20
Slide 40: Subsidiaries
Subsidiaries (Rs.crore) Income PAT RoA Net Worth Name of Company % Holding Line of Activity Q1 FY 2022 Q1 FY 2022 Q1 FY 2022 Q1 FY 2022 24.46 5.45 1.90% 318.21 IDBI Capital Market & Securities Ltd 100 Merchant Banking & Retail Broking (15.91) (-0.42) (-0.12%) (304.83) 34.10 3.87 3.69% 90.82 IDBI Int
Slide 41: Way Forward
Way Forward @ IDBI BANK] Page 40
Slide 42: Looking Ahead: Focus Area
Looking Ahead : Focus Area Explore avenues to grow corporate credit book, especially in the mid-corporate segment Focus on maximising fee income and maintaining NIM in line with industry Benchmark >3%. Credit cost and slippages ratio to be below 1.5% and 2% respectively on sustained basis. Continue
Slide 43: Thank You
THANK YOU www.idbibank.in W@idbibank [FADBIBank © @idbibankofficial © CMVoulube/idbibank —[f\/idbibank “By ret Free Nos 1800.209-4324/ 1800.22-1070.