Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q1 FY2025 Earnings Presentation
34 slides from Bank Of Maharashtra's earnings presentation, July 2024
Slide 1: Financial Results for Quarter ended 30th June 2024
FINANCIAL RESULTS For Quarter ended, 30th June 2024 1 www.bankofmaharashtra.in /mahabank
Slide 2: Contents
Contents Page 1. Macro Economic Highlights 3 2. Major Highlights 4 3. Business Performance 5-7 4. Financial Performance 8 – 17 5 Asset Quality 18 - 23 6. Capital 24 - 25 7. Digital Banking 26 - 28 8. Financial Inclusion 29 9. Expanding Footprints 30 10. Other Information 31 - 33 2 www.bankofmaharash
Slide 3: Macro Economic Highlights
Macro Economic Highlights Positives * Real GDP has grown by 8.2% in FY 2023-24 as compared to the growth rate of 7.0% in FY 2022-23. As per RBI, Real GDP growth for FY 2024-25 is projected at 7.2 per cent. SCBs’ gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent an
Slide 4: Major Highlights (Y-o-Y)
Major Business Financial Asset Quality Capital Highlights Performance Performance (Y-o-Y) (Q: Jun` 24 vis-à-vis Q: Jun` 23) Net Profit Operating Profit NIM % Return on Assets Return on Equity Increased by Increased by 3.97 (3.86) 1.72 (1.33) 27.62 (23.73) 46.64% 23.14% Total Business Total Deposits
Slide 5: Business Performance: Total Business
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Business 13.43 % (Y-o-Y) ( ₹ in Crore ) (%) 5,00,000 4,74,411 4,76,447 100 4,34,404 4,20,041 4,22,420 4,00,000 80 3,00,000 60 2,00,000 40 1,00,000 20 - 0 Jun`23 Sept`23 Dec`23 Mar`24 Jun`24 Gross Advances 1,75,67
Slide 6: Business Performance: Total Deposit and Gross Advances
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Deposit Gross Advances 9.43 % (Y-o-Y) 18.99 % (Y-o-Y) ( ₹ in Crore ) (%) ( ₹ in Crore ) (%) 3,00,000 100 2,70,747 2,50,000 100 2,67,416 90 90 2,44,365 2,45,734 2,03,664 2,09,031 2,50,000 2,39,298 80 2,00,000 1,88
Slide 7: Business Performance: Investments
Major Highlights Business Financial Asset Quality Capital Performance Performance Investments (Quarterly) ( ₹ in Crore ) 90,000 M Duration (Total) 3.74 80,000 76,687 3.67 3.64 3.61 72,379 70,490 67,006 68,593 70,000 3.25 60,000 50,000 40,000 Jun`23 Sept`23 Dec`23 Mar`24 Jun`24 30,000 M Duration (AFS
Slide 8: Financial Performance: Profitability
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) Operating Profit 23.14 % (Y-o-Y) (Quarterly) ( ₹ in Crore ) Net Interest Income 19.63 % (Y-o-Y) (Quarterly) 2,799 2,210 2,294 2,584 2,432 2,466 1,920 2,012 2,340 1,855 1,863 2,187 1,887 1,9
Slide 9: Statement of Income and Expenditure
Major Highlights Business Financial Asset Quality Capital Performance Performance Statement of Income and Expenditure ( ₹ in Crore ) Quarter Ended Year Ended Particulars Jun`23 Mar`24 Jun`24 Y-o-Y (%) Mar`24 Total Income 5,417 6,488 6,769 25 23,493 Interest Income 4,789 5,467 5,875 23 20,495 Non-Int
Slide 10: Financial Performance: Earnings
Major Highlights Business Financial Asset Quality Capital Performance Performance Earnings ( ₹ in Crore ) Interest Earnings 22.68 % (Y-o-Y) (Quarterly) 7,500 5,875 5,171 5,467 6,000 4,789 5,068 4,129 4,495 4,500 3,457 3,815 3,000 1,500 - Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 Dec`23 Mar`24 Jun`
Slide 11: Financial Performance: Expenditure
Major Highlights Business Financial Asset Quality Capital Performance Performance Expenditure ( ₹ in Crore ) Interest Expenses 25.59 % (Y-o-Y) (Quarterly) 3,076 3,200 2,882 2,636 2,706 2,308 2,449 2,149 2,400 1,928 1,772 1,600 800 - Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 Dec`23 Mar`24 Jun`24 Ot
Slide 12: Other Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ in Crore ) Quarter Ended Year Ended Particulars Jun`23 Mar`24 Jun`24 Y-o-Y (%) Mar`24 Rent, Taxes & Lighting 64 75 75 17 280 Printing & Stationery 5 11 6 12 32 Advertising & Publicity 6 12
Slide 13: Provisions & Contingencies
Major Highlights Business Financial Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ in Crore ) Quarter Ended Year Ended Particulars Jun`23 Mar`24 Jun`24 Mar`24 Provision for Non Performing 539 457 586 2,174 Assets Provision for 212 491 344 1,319 Standard/Restructured Ass
Slide 14: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Cost of Deposits (%) Cost of Funds (%) Cost to Income (%) 4.56 4.05 4.09 4.09 39.99 39.69 4.43 4.48 3.93 38.82 4.29 3.70 38.34 38.72 4.06 3.61 3.62 38.04 37.87 3.95 37.23 3.81 3.18 3.31 3
Slide 15: Key Financial Ratios: ROA and ROE
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Return on Assets (%) Return on Equity (%) 1.73 1.72 1.55 28.35 27.62 26.32 1.37 1.32 1.33 24.41 24.51 1.30 23.73 23.25 0.92 18.32 0.81 16.75 Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 De
Slide 16: Assets & Liabilities – An Overview
Major Highlights Business Financial Asset Quality Capital Performance Performance Assets & Liabilities – An Overview ( ₹ in Crore ) Assets Jun`23 Mar`24 Jun`24 Cash & Balance with RBI 21,172 21,161 14,350 Balances with Bank & Call Money 566 9,150 142 Total Investments (Net of Depreciation & Provisio
Slide 17: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ in Crore ) Credit Portfolio – Balanced Loan Growth ( ₹ in Crore ) Growth RETAIL CREDIT Particulars Jun`23 Mar`24 Jun`24 (Y-o-Y) % Particulars Jun`23 Mar`24 Jun`24 Growth (Y-o-Y) % Gross Advances 1,75,676 2,03,664 2
Slide 18: Funded Exposure to Selected Sectors & Industries
Major Highlights Business Financial Asset Capital Performance Performance Quality Funded exposure to selected sectors & industries with total exposure (more than 1%) – June`24 Transport Operators 1.04% Chemicals & Chemical Products 1.10% Top 3 selected sectors are Vehicle Loans 1.20% Infrastructure,
Slide 19: External Rating-wise Advances – Above 25 Cr
Major Highlights Business Financial Asset Capital Performance Performance Quality External Rating-wise Advances – Above 25 Cr ( ₹ in Crore ) Jun`23 Mar`24 Jun`24 Particulars No. of % of O/s No. of % of O/s No. of % of O/s O/s Amount O/s Amount O/s Amount Borrowers Amount Borrowers Amount Borrowers A
Slide 20: Asset Quality
Major Highlights Business Financial Asset Capital Performance Performance Quality Asset Quality ( ₹ in Crore ) Jun`23 Sept`23 Dec`23 Mar`24 Jun`24 Particulars Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Standard 1,71,669 97.72 1,
Slide 21: Gross & Net NPA, Provision Coverage, Credit Cost, Slippage
Major Highlights Business Financial Asset Capital Performance Performance Quality Gross & Net NPA (%) Provisions Coverage Ratio (%) 3.74 3.40 97.18 98.28 98.37 98.40 98.40 98.34 98.36 95.04 96.06 2.94 2.47 2.28 2.19 2.04 1.88 1.85 90.44 90.20 90.30 90.05 89.88 89.84 84.95 0.88 80.76 0.68 76.86 0.47
Slide 22: Movement of NPA and Sector-wise Credit Deployment
Major Highlights Business Financial Asset Capital Performance Performance Quality Movement of NPA ( ₹ in Crore ) Sector-wise Credit Deployment & NPA ( ₹ in Crore ) Last 5 Quarters Jun`23 Mar`24 Jun`24 Particulars Particulars Sector Sector Sector Sector Sector Sector Jun`23 Sept`23 Dec`23 Mar`24 Jun`
Slide 23: Retail and MSME Sector NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ in Crore ) Jun`23 Mar`24 Jun`24 Retail Sector NPA % Particulars Sector Sector Sector Sector Sector Advances Sector NPA Advances Advances 0.94 NPA % NPA NPA % NPA NPA % 0.88 Total Retail Credit 4
Slide 24: Capital Adequacy
Business Financial Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) (%) Particulars Jun`23 Mar`24 Jun`24 21 18.14 18.07 17.53 17.61 17.38 RWA for Credit Risk 99,432 1,24,129 1,30,874 18 16.85 17.04 16.71 16.15 15 14.25 14.36 RWA for Market Risk 4,860 7,514 426 13.4
Slide 25: Equity Holding & Ratios
Business Financial Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Shareholding Pattern Particulars Jun`23 Sept`23 Dec`23 Mar`24 Jun`24 No. of Shares (in crore) 708.14 708.14 708.14 708.14 708.14 Mutual funds/ UTI, Domestic Companies, Individuals,
Slide 26: New Initiatives in Digital Banking
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards New Initiatives in Digital Banking Internet Banking • Booking of e-FD for Corporate Users. Mobile Banking • Block/Unblock Digital Channels WhatsApp Banking • Loan against Fixed Deposit. • Enterprise
Slide 27: New Initiatives in Information Technology
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards New Initiatives in Information Technology To enhance Core Technology Infra • Bank has recently upgraded IBM new hardware technology infrastructure at Data Center to provide seamless customer service.
Slide 28: Digital Footprints
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards Digital Footprints Digital transaction (%) UPI/BHIM Users (Mio) Whats App Onboarding (Mio.) 2.90 2.93 1.11 98.30 0.96 97.66 97.55 97.27 0.75 96.96 2.61 0.65 2.57 2.58 0.57 Jun`23 Sept`23 Dec`23 Mar`2
Slide 29: Financial Inclusion (in Lakhs)
Financial Products, Expanding Digital Banking ESG Initiatives Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of Accounts under Pradhan Mantri Suraksha Bima Yojana 78.79 78.08 77.23 65.22 65.36 64.68 64.95 74.41 71.65 55.24 Jun`23 Sept`23 Dec`23 Mar`24
Slide 30: Expanding Footprints
Expanding Products, Financial Digital Banking ESG Initiatives Services & Inclusion Footprints Awards No. of Branches Category Jun`23 Sept`23 Dec`23 Mar`24 Jun`24 Metro 545 563 586 611 614 Urban 490 508 522 548 549 Semi Urban 621 661 684 720 725 Rural 607 609 609 610 611 Total Branches 2,263 2,341 2,
Slide 31: ESG Initiatives
Products, Digital Banking Financial Expanding ESG Services & Inclusion Footprints Initiatives Awards Green Finance E-Waste Tree Plantation Adoption of Green Energy •Maha Super Green Housing Loan •E-waste collected ~118200 KGS; •Total 11200 trees have been •Installed Solar panel at Head office Scheme
Slide 32: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 32 32 www.bankofmaharashtra.in /mahabank
Slide 33: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards Award under Star APY Annual Award of Finnoviti Innovation Performer Category at the Excellence Achiever for Award for Robotics Process NPS Excellence Award outstanding performance Automation under BF
Slide 34: Thank You!
THANK YOU! 34 www.bankofmaharashtra.in /mahabank
Bank of Maharashtra — Q1 FY2025 Earnings Presentation on 6ix