IDBI Bank Limited · NSE:IDBI
IDBI Bank — FY2014 Earnings Presentation
27 slides from IDBI Bank's earnings presentation, April 2014
Slide 1: Presentation to Analysts
Presentation to Analysts April 2014
Slide 2: Genesis
Genesis 1964-1976 1994- 00 2003 - 06 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 subsidiary of banking com
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 • 1388 branches; 2301 ATMs • 1- Overseas, 319-Metro, 426-Urban, 372-Semi Urban & 270-Rural • Presence in 983 locations • Network of : o 66 Retail Asset Centres o 6 PSG Processing Centres o 21 Credit Processing Centres o 6 Regional Processing Units o 29 Central Clearing U
Slide 5: Highlights (Q4FY14 over Q4FY13)
Highlights (Q4FY 14 over Q4FY 13) (` in Crore) 197686 235774 1574 875 1850 554 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT 16% NII 1% 4% 9% 14% 7% 196306 227116 1440 753 1594 518 30.00 25.12 25.00 22.63 20.00 11.73 15.00 2.19 9.79 Q4 FY14 10.00 2.20 Q4 FY13 5.00 0.78 0.00 Q4 FY13 0.68 NIM Q4 FY14 CAS
Slide 6: Highlights (FY14 over FY13)
Highlights (FY 14 over FY 13) (` in Crore) 197686 235774 6021 2463 5681 1882 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 1% 4% 12% 4% 40% 10% 196306 227116 5373 2205 5458 1121 25.12 30.00 22.63 20.00 10.39 2.12 10.00 0.69 FY14 2.17 5.57 FY13 0.00 FY13 0.38 NIM FY14 CASA ROE ROA 6
Slide 7: Balance Sheet
Balance Sheet (` in Crore) As at Mar-14 Mar-13 LIABILITIES Capital 1604 1333 Reserve & Surplus 22035 19903 [Net Worth] 21897 19443 Deposits 235774 227116 Borrowings 60146 65809 Other Liabilities & provisions 9438 8608 Total 328997 322769 ASSETS Cash & balance with RBI 12711 10544 Bal. with banks & m
Slide 8: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended FY Ended Particulars Mar-14 Mar-13 Mar-14 Mar-13 Interest income 6716 6397 26598 25064 Interest expenses 5141 4957 20576 19691 Net Interest income 1574 1440 6021 5373 Other Income 1151 1147 2979 3220 Total income 2725 2587 9000 8593 Operating Expenses 875 993
Slide 9: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended FY Ended Particulars Mar-14 Mar-13 Mar-14 Mar-13 Commission, Excg & Brkg 639 805 1818 2237 Profit on sale of investments 377 157 522 391 Profit/(Loss) on revaluation of investment -7 -14 -1 39 Profit on sale of Fixed Assets 0 0 -2 0 Profit on forex/
Slide 10: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended FY Ended Particulars Mar-14 Mar-13 Mar-14 Mar-13 Staff Cost 358 534 1525 1569 Rent, taxes & lighting 92 89 305 281 Printing & stationery 10 10 45 39 Advertisement & Publicity 20 4 40 13 Depreciation 32 41 113 124 Postage, Telegram, Teleph., et
Slide 11: Key Ratios
Key Ratios Quarter Ended FY Ended Particulars Mar-14 Mar-13 Mar-14 Mar-13 Net Interest Margin (%) 2.20% 2.19% 2.17% 2.12% Return on Assets (%) 0.68% 0.78% 0.38% 0.69% Return on Equity (%) 9.79% 11.73% 5.57% 10.39% Cost of all liabilities (%) 6.79% 6.97% 6.95% 7.26% Yield on Total Assets (%) 10.39% 1
Slide 12: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) P a rt ic ula rs Ma r - 14 Ma r - 13 * Tot a l Busine ss [ De p. + Adv.] 433460 423423 S B De posit s t o Tot a l De posit s 12.02% 10.46% Cur r e nt Ac c ount De posit s t o Tot a l De posit s 10.61% 14.66% Tim e De posit s t o Tot a l De posit s 77.37% 74.88% Book
Slide 13: NPAs
NPAs (` in Crore) Particulars Mar-14 Mar-13 Gross Advances 203376 200135 Gross NPAs 9960 6450 Gross NPAs as % of Gross Advances 4.90% 3.22% T otal Provisions held (including NPV Loss) 5690 3253 Net Advances 197686 196306 Net NPAs 4902 3100 Net NPAs as % of Net Advances 2.48% 1.58% Provision Coverage
Slide 14: Summary of NPAs as on March 31, 2014
Summary of NPAs as on March 31, 2014 (` in Crore) For the Quarter Gross NPA NPA Provision & NPV Net NPA Loss As on 01.01.2014 10012 4789 5223 Additions (First Time NPA) 2041 1386 655 Less: (i) Upgradations 167 142 25 (ii) Recoveries 1099 148 951 (iii) Write off 827 827 0 As on 31.03.2014 9960 5058 4
Slide 15: Classification of NPAs as on March 31, 2014
Classification of NPAs as on March 31, 2014 (` in Crore) % of Provision to Gross NPA Provision NPV Loss Net NPA Gross NPA Sub Standard Assets 2902 922 8 1971 31.78 Doubtful Assets 6724 3717 76 2931 55.28 Loss Assets 334 334 0 0 100.00 Total* 9960 4974 84 4902 49.94 * Excluding Countercyclical Provis
Slide 16: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore) Particulars Quarter ended FY ended Mar-14 Mar-13 Mar-14 Mar-13 Depreciation on investment 1 86 180 155 Provision for NPAs 276 298 1681 1613 Provision towards standard assets* 105 40 173 172 Provision for Restructured Assets (including FITL) -19 52
Slide 17: Liabilities
Liabilities (` in Crore) Deposits Mar-14 Mar-13 Current 25018 33289 Savings 28334 23760 Term 182422 170067 Total 235774 227116 Maturity Profile Amount Borrowings Mar-14 Mar-13 Upto 6 months 92006 Tier I 1709 2559 6 months -1 year 60124 Tier II 14566 14582 1 year - 3 years 82576 Others 20144 26251 3
Slide 18: Advances
Advances (` in Crore) Nature Mar-14 Mar-13 Bills 4884 4619 CC, OD,WCDL ETC 52099 50885 Term Loans- Other 140704 140803 Vertical Mar-14 Mar-13 Total 197686 196306 CBG 94522 100019 Top 20 Borrowers 22768 ICG 48884 46172 PSG 16764 16754 Maturity Profile Advances RBG 36933 32709 Upto 6 months 23824 RECR
Slide 19: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 21864 8721 30585 33615 14785 48400 OIL & GAS/PETROLEUM PRODUCTS 9834 8765 18598 13579 16173 29752 INFRASTRUCTURE OTHERS 11420 10,481 21901 15165 13,677 28842 ROADS & BRIDGES / PORTS 13748 5588 19336 17558 10415 2797
Slide 20: Summary of Restructured Advances as on March 31, 2014
Summary of Restructured Advances as on March 31, 2014 (` in Crore) Particulars PA NPA Total Gross 15792 3263 19055 Less: FIT L Provision 1028 266 1294 Ne t of FITL Provision 14764 2996 17760 Less: Cases considered for Provisioning @ 0.40% 2308 0 2308 Total 12456 2996 15452 20
Slide 21: Industry wise Restructured Advances
Industry wise Restructured Advances (` in Crore) Net Net Net Net Industry O utstanding O utstanding Industry O utstanding O utstanding March 2014 March 2013 March 2014 March 2013 AGRO INDUST RIES 269 304 JEWELLERY MFG 18 26 AIR T RANSPORT 1 185 1 187 MET AL INDUST RY 1 219 1 119 AQUACULT URE 80 74 M
Slide 22: PA to NPA out of Restructured Advances as on March 31, 2014
PA to NPA out of Restructured Advances as on March 31, 2014 (` in Crore) Net Net Net Net Outstanding Outstanding Outstanding Outstanding Industry 2014 2013 Industry 2014 2013 AGRO INDUSTRIES 99 116 IT 0 27 AIR TRANSPORT 696 696 METAL INDUSTRY 135 41 AQUACULTURE 8 4 MINING AND QUARRYING 3 19 CEMENT 7
Slide 23: Investments
Investments (` in Crore) C ate gory HTM AFS HFT Total Government securities 55484 5905 894 62283 SASF Securities 4691 0 0 4691 Shares (Equity) 0 2565 0 2565 Shares (Preference) 0 528 0 528 Debentures/ Bonds 10 14102 0 14112 Subsidiaries / Joint Ventures 644 0 0 644 Security Receipts 0 33 0 33 Others
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding IDBI CAPITAL MARKET SERVICES LIMITED 100.00 IDBI INTECH LIMITED 100.00 IDBI MF TRUSTEE COMPANY LTD. 100.00 IDBI ASSET MANAGEMENT LTD. 65.22 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48.00
Slide 25: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding 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 CLEARING CORPORATION OF INDIA LIMITED 7.50 CORDEX INDIA
Slide 26: Summarised Financial Information of the Subsidiaries
Summarised Financial Information of the Subsidiaries (` in Crore) Particulars IDBI Capital IDBI Asset IDBI MF IDBI Intech IDBI Market Services Management Trustee Ltd. Trusteeship Ltd. Company Ltd Company Services Ltd. Ltd. Capital 128.10 115.00 0.20 13.13 6.03 Reserves 186.13 -85.58 0.48 16.32 90.30
Slide 27: Thank You
@ IDBI BANK Thank You