Indian Overseas Bank · NSE:IOB
Indian Overseas Bank — Q3 FY2024-25 Earnings Presentation
54 slides from Indian Overseas Bank's earnings presentation, Jan 20, 2025
Slide 1: Performance Analysis Q3/9M-FY 2024-25
Performance Analysis Q3/9M-FY 2024-25 20.01.2025 1
Slide 2: Index
INDEX VISION ---------- 3 PERFORMANCE HIGHLIGHTS ---------- 4 FINANCIAL PERFORMANCE ---------- 6 BUSINESS PERFORMANCE ---------- 14 NPA MANAGEMENT ---------- 22 CAPITAL ADEQUACY ---------- 25 FINANCIAL INCLUSION ---------- 27 DIGITAL INITIATIVES ---------- 33 CUSTOMER TOUCH POINT ---------- 41 SHARE
Slide 3: Vision Mission Statement
VISION MISSION STATEMENT Shri M Ct M Chidambaram Chettyar IOB Founder Chairman 3 Q3/9M- Performance Analysis Q3/9M-FY25
Slide 4: Performance Highlights: Business Growth and Profitability
PERFORMANCE HIGHLIGHTS BUSINESS GROWTH (Rs. In Crores) Parameters Dec-23 Sep-24 Dec-24 Q-O-Q ( %) Y-O-Y ( %) CASA 120915 131856 132338 0.37% 9.45% BUSINESS GROWTH CASA% 43.49% 42.44% 43.37% 93 bps (12 bps) Total Deposits 278046 310652 305121 -1.78% 9.74% Home Loan 26612 29927 30573 2.16% 14.88% Jewe
Slide 5: Performance Highlights: Asset Quality and Financial Indicators
PERFORMANCE HIGHLIGHTS ASSET QUALITY (Rs. In Crores) Parameters Dec-23 Sep-24 Dec-24 Q-O-Q ( %) Y-o-Y (%) Gross NPA 8441 6249 6071 -2.86% -28.08% ASSET QUALITY Net NPA 1303 1059 976 -7.85% -25.10% GNPA% 3.90% 2.72% 2.55% (17 bps) (135 bps) NNPA% 0.62% 0.47% 0.42% (5 bps) (20 bps) STRENGTHENING FINAN
Slide 6: Financial Performance
FINANCIAL PERFORMANCE (Rs. In Crores) Quarter Ending 9 Months Growth % 9M FY Particulars 24-25 Dec-23 Sep-24 Dec-24 9M 23-24 9M 24-25 Q-o-Q Y-o-Y Over 9M FY 23-24 Interest Income 6176 6851 7112 17421 20498 3.81% 15.15% 17.66% Interest Expenses 3778 4313 4323 10355 12730 0.23% 14.42% 22.93% Net Inter
Slide 7: Total Income
TOTAL INCOME (Rs. In Crores) Quarter Ending 9 Months Growth % 9M FY Particulars 24-25 Dec-23 Sep-24 Dec-24 9M 23-24 9M 24-25 Q-o-Q Y-o-Y Over 9M FY 23-24 Interest on Loans 4614 5055 5257 12816 15142 3.99% 13.93% 18.15% Interest on Investment 1519 1754 1808 4406 5222 3.11% 19.05% 18.52% Other Interes
Slide 8: Fee Based Income
FEE BASED INCOME (Rs. In Crores) Quarter Ending 9 Months Growth % 9M FY Particulars 24-25 Dec-23 Sep-24 Dec-24 9M 23-24 9M 24-25 Q-o-Q Y-o-Y Over 9M FY 23-24 A.Exchange & Commission 81 127 116 223 364 -8.55% 43.00% 63.32% B.Income from Non Fund Based 42 42 55 133 136 32.23% 31.83% 2.53% Business C.P
Slide 9: Total Expenses
TOTAL EXPENSES (Rs. In Crores) Quarter Ending 9 Months Growth % 9M FY Particulars 24-25 Dec-23 Sep-24 Dec-24 9M 23-24 9M 24-25 Q-o-Q Y-o-Y Over 9M FY 23-24 Interest on Deposits 3283 3784 3742 9272 11114 -1.12% 13.97% 19.87% Interest on Borrowings 495 529 581 1083 1616 9.77% 17.38% 49.23% Total Inter
Slide 10: Profit Parameter
PROFIT PARAMETER (Rs. In Crores) Quarter Ending 9 Months Growth % 9M FY Particulars 24-25 Dec-23 Sep-24 Dec-24 9M 23-24 9M 24-25 Q-o-Q Y-o-Y Over 9M FY 23-24 Operating Profit 1780 2128 2266 4803 6070 6.48% 27.30% 26.38% Provisions 702 1146 1029 2584 3113 -10.27% 46.58% 20.45% of which NPA Provisions
Slide 11: Performance Ratios - Quarterly
PERFORMANCE RATIOS - QUARTERLY COST OF DEPOSITS(%) COST OF FUNDS(%) 5.15 5.08 5.24 4.95 5.13 4.88 5.09 4.82 5.03 5.02 DEC 23 MAR 24 JUNE 24 SEP 24 DEC 24 DEC 23 MAR 24 JUNE 24 SEP 24 DEC 24 YIELD ON ADVANCES % (DOMESTIC) YIELD ON ADVANCES % (GLOBAL) 9.02 9.41 8.97 9.38 8.92 9.33 8.88 9.30 8.75 9.18
Slide 12: Performance Ratios - Quarterly
PERFORMANCE RATIOS - QUARTERLY YIELD ON FUNDS(%) RETURN ON ASSETS (%) 8.48 0.94 0.93 0.86 0.82 8.45 8.28 0.70 8.11 8.05 DEC 23 MAR 24 JUNE 24 SEP 24 DEC 24 DEC 23 MAR 24 JUNE 24 SEP 24 DEC 24 YIELD ON INVESTMENT(%) COST TO INCOME(%) 6.91 6.84 62.58 6.86 51.35 51.76 6.42 6.41 48.97 44.55 DEC 23 MAR 2
Slide 13: Performance Ratios - Quarterly
PERFORMANCE RATIOS - QUARTERLY NET INTEREST MARGIN % (DOMESTIC) 3.73 3.47 3.26 3.21 3.21 DEC 23 MAR 24 JUNE 24 SEP 24 DEC 24 NET INTEREST MARGIN % (GLOBAL) 3.53 3.33 3.12 3.06 3.08 DEC 23 MAR 24 JUNE 24 SEP 24 DEC 24 13 Performance Analysis Q3/9M-FY25
Slide 14: Business Performance - Global
BUSINESS PERFORMANCE - GLOBAL (Rs. In Crores) Q-o-Q variation Y-o-Y variation Particulars Dec-23 Sep-24 Dec-24 Amount % Amount % CASA 120915 131856 132338 482 0.37% 11423 9.45% Term Deposits 157131 178796 172783 -6013 -3.36% 15652 9.96% Total Deposits 278046 310652 305121 -5531 -1.78% 27075 9.74% Ad
Slide 15: Business Composition
BUSINESS COMPOSITION BUSINESS PORTFOLIO SHARE DEC 24 Savings Bank 19% Current Advances Deposits 44% 5% Term Deposits 32% % SHARE OF DOMESTIC ADVANCE- DEC 24 POP CATEGORY WISE DISTRIBUTION OF DEPOSITS: DEC 24 MSME Corporate/Others Semi Urban 19% Rural 20% 22% 12% Urban Agri 23% Retail 31% 27% Metro 4
Slide 16: Advances
ADVANCES (Rs. In Crores) Q-o-Q variation Y-o-Y variation Parameters Dec-23 Sep-24 Dec-24 Amount % Amount % Retail 46616 54291 58611 4319 7.96% 11995 25.73% Agri 50326 65327 69139 3811 5.83% 18813 37.38% MSME 40643 41574 43124 1550 3.73% 2481 6.11% Corporate/others 60469 51802 48599 -3203 -6.18% -118
Slide 17: RAM Performance
RAM PERFORMANCE (Rs. In Crores) Parameters Dec-23 Sep-24 Dec-24 Q-o-Q % Y-o-Y % RETAIL CREDIT 46616 54291 58611 7.96% 25.73% Of which RETAIL BREAK UP - DEC -24 Home 26612 29927 30573 2.16% 14.88% Education 2635 2676 2672 -0.15% 1.41% Others Vehicle 4248 4919 5131 4.30% 20.78% 30% Personal 1905 2417
Slide 18: Agriculture
AGRICULTURE (Rs. In Crores) % Share to Domestic Period Domestic Advances Agri Advances Advances Dec-23 198054 50326 25.41% Mar-24 200697 55636 27.72% Jun-24 212459 60786 28.61% Sep-24 212995 65327 30.67% Dec-24 219472 69139 31.50% AGRI ADVANCES DEC-24 69139 65327 60786 55636 50326 Dec-23 Mar-24 Jun-
Slide 19: MSME
MSME (Rs. In Crores) Category Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Micro 24171 24780 18977 20178 23489 Small 7633 7812 8002 7883 10588 Medium 8839 8960 15662 13514 9047 Total 40643 41552 42642 41574 43124 MSME BREAKUP DEC-24 Small, 24.55% Micro, 54.47% Medium, 20.98% 19 Performance Analysis Q3/9M-FY25
Slide 20: Investment
INVESTMENT (Rs. In Crores) Parameters Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Domestic Investments 96044 96752 97955 103128 104939 SLR 68029 69297 72823 78218 80006 Non SLR 28015 27455 25132 24910 24933 Held to Maturity 81709 81860 87296 90232 90969 Available for Sale 14127 14892 8767 11213 12170 Held fo
Slide 21: Valuations
VALUATIONS Particulars Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 * Return on Equity (%) 17.70 18.50 14.10 16.90 17.86 * Basic & Diluted Earning per Share 0.38 0.43 0.33 0.41 0.46 * Price Earning Ratio 113.32 140.23 192.01 140.41 111.90 Book value per share (in Rs) 8.93 9.56 9.43 10.04 10.66 Price/Book valu
Slide 22: NPA Management
NPA MANAGEMENT (Rs. In Crores) Details Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 i) Opening Gross NPAs 9893 8441 6794 6649 6249 a. Cash Recoveries 212 322 139 219 170 b. Upgradation 163 90 52 102 76 c. Write-Offs 1491 1567 251 370 219 d. Sale to ARCs 0 17 0 0 0 e. Other Reductions 0 0 0 0 0 ii) Total Reduc
Slide 23: NPA Management: GNPA, NNPA, PCR, Slippage Ratio
NPA MANAGEMENT GNPA % NNPA % 3.90% 0.62% 0.57% 3.10% 2.89% 2.72% 2.55% 0.51% 0.47% 0.42% Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 PCR SLIPPAGE RATIO 96.85% 96.85% 96.96% 97.06% 97.07% 0.17% 84.57% 0.16% 82.09% 82.65% 83.92% 83.05% 0.13% 0.13% 0.11% Dec-23 Mar-24 Jun-24 S
Slide 24: Sector-wise Credit Deployment & NPA
SECTOR-WISE CREDIT DEPLOYMENT & NPA (Rs. In Crores) Dec-23 Sep-24 Dec-24 Segmental NPAs ADV NPA Ratio % ADV NPA Ratio % ADV NPA Ratio % Retail 46616 846 1.81% 54291 935 1.72% 58611 978 1.67% Agri 50326 2183 4.34% 65327 1920 2.94% 69139 1829 2.65% MSME 40643 2291 5.64% 41574 1754 4.22% 43124 1753 4.0
Slide 25: Capital Adequacy
CAPITAL ADEQUACY (Rs. In Crores) Particulars Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Market Risk RWA 8481 8892 1602 1441 1353 Operational Risk RWA 16705 16705 19183 19183 19183 Credit Risk RWA 114570 118382 124051 130555 137216 Total RWA (A) 139756 143979 144836 151179 157753 CET 1 19495 20840 21706 2230
Slide 26: Movement of CRAR & RWAs
MOVEMENT OF CRAR & RWAs CRAR 17.82% 17.28% 17.45% 16.80% 16.97% DEC - 2 3 MA R- 2 4 JUN - 2 4 SE P - 2 4 DEC - 2 4 CREDIT RWA TO ADVANCE RATIO TOTAL RWA TO ADVANCE RATIO 57.74% 56.73% 65.74% 65.69% 66.39% 53.91% 64.65% 62.95% 53.00% 54.05% DEC - 2 3 MA R- 2 4 JUN - 2 4 SE P- 2 4 DEC - 2 4 DEC - 2 3
Slide 27: Financial Inclusion
FINANCIAL INCLUSION PMJDY Account (Number in Lakhs) PMJDY Account Balance (in Crs) 85.89 3767 83.41 3646 3558 80.78 3486 3432 78.93 76.69 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 PMJDY Account (Number in Lakhs) PMJDY Account Balance PMJDY Zero balance Accounts No in Lakh
Slide 28: CASA & Deposits Growth in Last Years
CASA & Deposits Growth in last 5 years (Rs. In Crore) CASA in Rs. CASA in % 1,25,508 43.44% 43.74% 43.90% 1,13,877 1,14,113 42.52% 1,02,165 89,751 40.26% March March March March March March March March March March 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Term Deposits in Rs. Total Deposits
Slide 29: Advances Growth in Last Years
Advances Growth in last 5 years (Rs. In Crore) Retail Advances Agriculture Advances MSME Advances 55,636 48,514 41,552 42,400 43,988 34,856 36,961 35,106 38,577 29,494 30,423 34,196 28,694 25,678 26,849 March March March March March March March March March March March March March March March 2020 20
Slide 30: Retail Segment Loans Growth in Last Years
Retail Segment Loans growth in last 5 years (Rs. In Crore) Personal Loans Home Loans Vehicle Loans 2,083 27,621 4,491 24,116 20,483 3,492 3,751 1,537 17,668 2,985 3,333 1,095 15,092 871 929 March March March March March March March March March March March March March March March 2020 2021 2022 2023
Slide 31: Decreasing NPA Levels & Increase in PCR over Years
Decreasing NPA Levels & Increase in PCR over 5 years (Rs. In Crore) Gross NPA in Rs. Net NPA in Rs. NNPA (%) 19,913 5.44% 16,323 15,299 14,072 6,603 3.58% 4,578 3,825 2.65% 6,794 3,266 1.83% 1,217 0.57% March March March March March March March March March March March March March March March 2020 20
Slide 32: Consistent Growth in Share Values over Years
Consistent Growth in Share Values over 5 years Book value per share (in Rs.) Share Price (in Rs.) 9.56 59.98 7.75 6.54 4.97 4.11 22.55 16.00 18.15 7.05 March March March March March March March March March March 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Market Capitalization (Rs. In Crore) E
Slide 33: Technology & Digital Initiatives
Technology & Digital Initiatives 33 Performance Analysis Q3/9M-FY25
Slide 34: Introduction
Technology & Digital Initiatives Introduction Indian Overseas Bank has got a robust and resilient technology platform in place to serve customers across the diverse generations. We are committed in our digital transformation journey to bring customer delight through various digital innovations and h
Slide 35: Focus Areas
Technology & Digital Initiatives Focus Areas Customer Operational Centricity Efficiency Technology Digital Resilience Innovation 35 Performance Analysis Q3/9M-FY25
Slide 36: Customer Centricity
Technology & Digital Initiatives 01 Self-service hub “digital.iob.in” with bouquet of digital service under one place Any-time Any-where delivery of services like 02 account opening, nomination, Re-KYC by bank Customer Centricity staff themselves made possible via Tab devices Prioritizing the overal
Slide 37: Digital Innovation
Technology & Digital Initiatives Aadhaar Face Authentication ensuring 01 inclusiveness in authentication for various services like Account opening, Re-KYC, Nomination, etc. via Tab banking 02 Collaboration with Fintechs to develop unique solutions for a differentiated experience Digital Innovation P
Slide 38: Operational Efficiency
Technology & Digital Initiatives 01 Digital App for Collection and Recovery enhancing collections efficiency 02 CRM tool for widening and deepening customer engagements Operational Efficiency Enhancing operational efficiency powered through blend of digital centric process re- 03 Loan Origination Sy
Slide 39: Value Delivery
Technology & Digital Initiatives Enhanced Customer Satisfaction: Improved 01 customer satisfaction, engagement, and loyalty through streamlined digital interactions, personalized services, and user-friendly interfaces Value Delivery Productivity Enhancement: Optimized internal Digital initiatives ha
Slide 40: Digital Outreach
DIGITAL OUTREACH ATM/CDM USERS INTERNET BANKING REGISTERED USERS (NO OF OUTLETS) (IN LAKHS) 3508 32.90 3506 31.41 3505 31.25 3503 30.18 3501 28.97 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 MOBILE BANKING REGISTERED USERS UPI REGISTERED USERS (IN LAKHS) (IN LAKHS) 112.22 9
Slide 41: Customer Touch Point Pan India
CUSTOMER TOUCH POINT PAN INDIA Domestic Presence Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Branches 3226 3236 3250 3269* 3322* ATM/CR 3508 3506 3505 3501 3503 BC 4886 6379 7078 8023 9041 * Excluding 8 RLPCs(Retail Loan Processing Centres) DEC-24 BRANCHES Rural, 927, Metro, 711, 28% 21% Semi Urban, Urban, 6
Slide 42: Foreign Outreach
FOREIGN OUTREACH HONG KONG BRANCH SINGAPORE BRANCH COLOMBO BRANCH BANGKOK BRANCH Performance Analysis Q3/9M-FY25
Slide 43: Share Holding Pattern as on 31.12.2024
SHARE HOLDING PATTERN AS ON 31.12.2024 Category of Shareholder % share Government of Government of India 96.38% India, 96.38% FI/Banks 0.00% Foreign Portfolio Investor (Corporate) 0.02% Mutual Funds 0.07% Insurance Companies 1.23% Bodies Corporate 0.05% Individual 1.95% Institution, Individual, 1.37
Slide 44: Strategic Investment Joint Venture
STRATERGIC INVESTMENT JOINT VENTURE IOB entered into Non-Life Insurance Business with Universal Sompo General Insurance (USGI) Company Limited with equity participation of 18% along with the other Banks and Institutions Name on Entity Shareholding % Indian Overseas Bank 18.06% Shareholding % Indian
Slide 45: Assets & Liabilities
ASSETS & LIABILITIES Rs in Lakhs Balance Sheet as at 31.12.2024 LIABILITIES Standalone Consolidated Particulars 31.12.2024 31.12.2023 31.12.2024 31.12.2023 Capital 1890241 1890241 1890241 1890241 Reserves and Surplus 1035835 825487 1002242 786340 Deposits 30512130 27804575 30512145 27826872 Borrowin
Slide 46: ESG Initiatives
ESG INITIATIVES ENVIRONMENTAL SOCIAL GOVERNANCE ENVIRONMENTAL 46 Performance Analysis Q3/9M-FY25
Slide 47: ESG Initiatives: Environmental
ESG INITIATIVES IOB VEHICLE LOAN FOR E BIKE/CAR ENVIRONMENTAL SOCIAL GOVERNANCE IOB TEJAS FOR RENEWABLE SOLAR ENERGY EQUIPMENT CREDIT FACILITY TO WIND MILL PAPERLESS BANKING ENVIRONMENTAL 47 Performance Analysis Q3/9M-FY25
Slide 48: ESG Initiatives: Social
ESG INITIATIVES VARIOUS IOB CREDIT SCHEME FOR WOMEN ENVIRONMENTAL SOCIAL GOVERNANCE THE SAKTHI- IOB CHIDAMBARAM CHETTIAR MEMORIAL TRUST FINANCIAL LITERACY CENTERS (SNEHA) SOCIAL FRIENDLY WORK ENVIRONMENT 48 Performance Analysis Q3/9M-FY25
Slide 49: ESG Initiatives: Governance
ESG INITIATIVES COMPLYING WITH ALL GUIDELINES ®ULATIONS ENVIRONMENTAL SOCIAL GOVERNANCE EFFECTIVE MONITORING CUSTOMER RIGHT POLICY EFFECTIVE CUSTOMER COMPLAINTS RESOLUTION GOVERNANCE 49 Performance Analysis Q3/9M-FY25
Slide 50: Accolades & Awards
ACCOLADES & AWARDS Indian Overseas Bank is proud to be honored with the prestigious SKOCH Award 2024 for its initiatives in the area of compliance. 50 Performance Analysis Q1-FY25 Performance Analysis Q3/9M-FY25
Slide 51: Products & Services
PRODUCTS & SERVICES 51 Performance Analysis Q3/9M-FY25
Slide 52: Products & Services
PRODUCTS & SERVICES 52 Performance Analysis Q3/9M-FY25
Slide 53: Disclaimer
DISCLAIMER Except for the historical information contained herein, statements in this release which contain words or phrases such as "will", "aim" "will likely result", "would", "believe", "may", "expect",', "will continue ", "anticipate", "estimate" "intend", "plan", "contemplate" "seek to" "future
Slide 54: Thank You
THANK YOU We express our heartfelt gratitude to all our stakeholders for their support & trust and solicit their continued patronage to make our beloved Bank grow exponentially in the coming years Please provide your valuable feedback @investor.iobnet.co.in visit us @ https://www.iob.in Follow us on
Indian Overseas Bank — Q3 FY2024-25 Earnings Presentation on 6ix