Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q4 FY2023-24 Earnings Presentation
24 slides from Dhanlaxmi Bank's earnings presentation, March 2024
Slide 1: Dhanlaxmi Bank
DhanlaxmiBank % established 1927 ves
Slide 2: Investor Presentation Q4-FY 2023-24
Investor Presentation Q4-FY 2023-24
Slide 3: Performance Y-o-Y highlights
❖ Total Business of the Bank grew by 6.38% and reached ₹ 24,687 Crore as on March, 31 2024. ❖ Total Deposit of the Bank registered a growth of 7.02 % to reach ₹ 14,290 Crore. ❖ Gross Advance of the Bank grew by 5.51% to reach ₹ 10,397 Crore. ❖ Gold Loan Portfolio registered a growth of 24.85% to rea
Slide 4: Performance Y-o-Y highlights (continued)
❖ Yield on Investments improved to 5.73% from 5.65%. ❖ Cost of Deposits increased to 5.30% from 4.48%. ❖ Cost of Funds increased to 5.38% from 4.59%. ❖ Provision Coverage Ratio as on March 31, was 88.32% ❖ Gross NPA percentage reduced to 4.05% from 5.19%. ❖ Net NPA percentage increased to 1.25% from
Slide 5: Total Business
BUSINESS PERFORMANCE ₹ in Crore TOTAL BUSINESS 25000 ₹ 24,654 ₹ 24,687 24500 ₹ 24,128 24000 23500 ₹ 23,442 ₹ 23,206 TOTAL 23000 BUSINESS 22500 22000 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24
Slide 6: Total Deposit
₹ in Crore TOTAL DEPOSIT Retail Deposit 7% 12000 ₹ 11,586 ₹ 11,571 ₹ 14,340 11500 ₹ 14,290 ₹ 11,206 ₹ 11,004 11000 ₹ 10,846 10500 ₹ 13,817 10000 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 Bulk Deposit TOTAL ₹ 13,352 ₹ 13,402 ₹ 2,754 9% 2800 ₹ 2,719 DEPOSIT 2700 2600 ₹ 2,506 ₹ 2,611 2500 ₹ 2,398 24
Slide 7: Deposit Mix
₹ in Crore CA SA CASA 5000 CASA to Total Deposit % ₹ 4,291 ₹ 4,460 ₹ 4,381 33.00% ₹ 4,260 ₹ 4,242 31.91% 31.65% 4000 ₹ 3,497 ₹ 3,457 ₹ 3,512 ₹ 3,592 ₹ 3,533 32.00% 31.06% 31.10% 31.00% 30.66% 3000 30.00% 3 29.00% 2000 % 28.00% ₹ 763 ₹ 785 ₹ 779 ₹ 868 ₹ 848 1000 27.00% 26.00% 0 25.00% Q4 FY 23 Q1 FY
Slide 8: Gross Advance
₹ in Crore Gross Advance Retail Advance 12 8000 % ₹ 7,757 7800 ₹ 10,397 ₹ 7,574 7600 ₹ 7,419 ₹ 10,311 ₹ 10,314 7400 7200 ₹ 7,101 ₹ 6,944 7000 6800 6600 6400 ₹ 10,040 Q4 FY23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 9 Corporate Advance % GROSS ₹ 9,854 3000 2900 ₹ 2,910 ₹ 2,939 ₹ 2,892 ADVANCE 2800 2700 ₹
Slide 9: Advance Mix
₹ in Crore Gold Loan Retail (Excl. Gold) 25 17 ₹ 2,596 ₹ 2,675 ₹ 2,839 2500 3000 ₹ 2,451 % % ₹ 2,274 ₹ 2,378 ₹ 2,358 2400 2000 ₹ 2,265 2300 1000 2200 ₹ 2,077 0 2100 ₹ 2,021 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 2000 1900 SME 1 1800 1750 ₹ 1,735 % Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 ₹
Slide 10: Retail Segment
₹ in Crore Retail Loan Total 21 Housing Loan 20 6000 ₹ 4,861 ₹ 5,053 ₹ 5,197 % 1100 % ₹ 4,295 ₹ 4,528 ₹ 977 ₹ 1,003 4000 1000 ₹ 933 ₹ 875 900 ₹ 837 2000 800 0 700 Q4 FY23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q4 FY23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 Gold Loan 25 Loan against property 13 ₹ 2,596 ₹ 2
Slide 11: Total Restructured Advances Rs.246.33 Crore on 31st March 2024
₹ in Crore Total Restructured Advances Rs.246.33 Crore on 31st March 2024 Restructured Advance Total Restructured Particulars Restructured Advance Advance Standard Gross Advance ₹ 10397 Crore Gross Advance 10397 10397 Education Loan Scheme 2.76 1.11 MSME standard 29.6 6.76 Restructuring Other restru
Slide 12: Indicators Q4 to Q4
₹ in Crore Operating Profit Net Profit ₹ 57.94 ₹ 38.56 ₹ 38.17 ₹ 17.60 ₹ 28.30 ₹ 23.16 ₹ 11.16 ₹ 3.05 ₹ 3.31 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 -₹ 17.44 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 NII NIM ₹ 121 3.60% ₹ 119 ₹ 115 ₹ 114 3.40% 3.41% 3.34% ₹ 105 3.22% Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4
Slide 13: Ratios Q4 to Q4
ROA ROE 0.76% 11.35% 0.68% 10.03% 0.48% 7.07% 0.34% 0.38% 5.14% 5.62% Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Book Value (Rs.) EPS (Rs.) ₹ 40.45 ₹ 40.57 ₹ 40.70 ₹ 2.15 ₹ 2.29 ₹ 1.95 ₹ 2.03 ₹ 39.53 ₹ 37.99 ₹ 1.12 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q4 FY23
Slide 14: SMA Movement - Asset Quality
₹ in Crore SMA Movement 168 158 129 117 114 103 21 96 91 % 81 78 79 75 64 61 54 53 47 48 Asset Quality Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 SMA 0 SMA 1 SMA 2
Slide 15: Asset Quality Q4 to Q4
₹ in Crore Gross NPA% Net NPA% 5.19% 5.21% 5.36% 1.29% 1.27% 4.81% 1.25% 4.05% 1.16% 1.09% Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Provision Coverage Ratio Provision Coverage Ratio 90.61% 90.79% (without Technical W/Off) 89.11% 79.90% 88.64% 78.64% 76.96% 88.3
Slide 16: Performance Q4 to Q4
₹ in Crore Number of Branches Per Branch Business 261 259 95 94 94 255 93 253 253 92 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Number of Staff Business Per Employee 1767 15 14 1743 Performance 1718 14 1707 Q4 to Q4 1686 13 13 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 F
Slide 17: CRAR and Liquidity
CRAR AND LIQUIDITY Particulars Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Tier I Tier II Capital Adequacy Ratio 12.32% 12.57% 12.23% 12.37% 12.71% (%) 1.35% CRAR (%) 12.32% 12.57% 12.23% 12.37% 12.71% 1.77% 1.78% 1.67% 1.61% TIER I (%) 10.56% 10.79% 10.56% 10.75% 11.36% Risk Weighted Assets 7174 7094 7
Slide 18: Business Result
₹ in Crore For the Quarter Ended Year Ended 31.03.2023 31.12.2023 31.03.2024 Growth YOY Particulars (Audited) (Reviewed (Audited) 31.03.2023 31.03.2024 (YOY) Growth % (Audited) (Audited) Q4 FY 23 Q3 FY 24 Q4 FY 24 Interest Income 274.10 307.72 306.23 1,071.24 1,206.99 135.75 12.67% Interest Expenses
Slide 19: Balance Sheet Overview
₹ in Crore 31.03.2023 30.06.2023 30.09.2023 31.12.2023 31.03.2024 Particulars (Audited) (Reviewed) (Reviewed) (Reviewed) (Audited) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 708 747 770 773 777 Deposits 13352 13402 13817 14340 14290 Borrowings 492 225 165 150 299 Other
Slide 20: Shareholding Pattern (as on 31st March 2024)
Shareholding Pattern(as on 31st March 2024) Category No. of Holders Total Shares % To Equity 1% Resident Individuals 214309 173821175 68.70 5% (Including HUF) 19% Non Resident Indians 1578 48056572 18.99 6% 69% Foreign Portfolio – Corp 18 15422357 6.10 Bodies Corporates 471 13643260 5.39 Others 15 2
Slide 21: Over 560 Customer Touch Points including 261 Branches, 282 ATMs
Over 560 Customer Touch Points including 261 Branches, 282 ATMs and 17 BCs Branch Presence No. of Branches Population 31.03.2023 31.03.2024 Metropolitan 58 58 Urban 66 71 Semi Urban 110 112 Performance Rural 19 20 Grand Total 253 261
Slide 22: Digital Migration
In ‘000 Debit Card Transaction Volume Digital Migration 2510 2399 2393 13 % 2122 2066 78.68% Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Internet Transaction Volume 49 % Share of Digital 384 465 312 333 Banking 304 Transaction @ 78.68% as on Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 31st March 2024 Compar
Slide 23: Partners
PARTNERS Canara €> HSBC f& BAJA |Allianz @ z= NEW SS RELIGARE STREET TECH Values that bind LIFE INSURANCE ~ Your fast track to the future Technology, Trust & Reach Moneywise. Be wise SURAKSHA AUR BHAROSA DONO SSE OQ NSDL Ssme 7] Samunnathi
Slide 24: Thank You!
Thank You!