Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — FY2020 Earnings Presentation
36 slides from Bank Of Maharashtra's earnings presentation, Mar 31, 2020
Slide 1: Financial Results Quarter/Year ended 31st March, 2020
FINANCIAL RESULTS Quarter/ Year ended 31st March, 2020
Slide 2: Results highlights
Operating profit for Q4FY20 grew by 18.73% YOY to INR 595 crores Net Profit for Q4FY20 stood at INR 58 crores Operating profit for FY20 grew by 29.55% YOY to INR 2847 crores Net profit stood at INR 389 crore in FY20 as against loss of INR 4784 crore in FY19 Net Interest Income increased by
Slide 3: Profit and loss summary
Quarter Ended Growth Year Ended Growth Particulars Mar 19 Dec 19 Mar 20 Y-o-Y Mar 19 Mar 20 Y-o-Y Total Income 3161 3459 3198 1.18% 12397 13145 6.03% Total Expenses 2660 2617 2603 (2.13%) 10199 10298 0.97% Operating Profit 501 842 595 18.78% 2198 2847 29.53% Provisions & Contingencies other 415 917
Slide 4: Operating Profit and Net Profit
Operating Profit [Qtr] Operating Profit (Year) 700.00 3000 2,847 595 501 2500 2,198 500.00 2000 1500 300.00 1000 100.00 500 Mar 19 Mar 20 0 Mar 19 Mar 20 Net Profit [Qtr] Net Profit (Year) 150.00 1000 389 110.00 0 72 Mar 19 Mar 20 58 -1000 70.00 -2000 30.00 -3000 -4000 -10.00 4 Mar 19 Mar 20 -5000 -
Slide 5: Net Interest Income and NIM
Quarter Ended Change Year Ended Change Particulars Mar 19 Dec 19 Mar 20 Y-o-Y Mar-19 Mar-20 Y-o-Y Net Interest Income 1000 1186 1023 2.25% 3733 4279 14.62% NIM (%) 2.64 2.86 2.41 2.53 2.60 NII (Year) NIM (Year) (%) 4400 4279 2.64 2.60 4200 2.60 4000 2.56 3800 3733 2.53 2.52 3600 3400 2.48 Mar 19 Mar
Slide 6: Interest Income
Quarter Ended Change Year Ended Change Particulars Mar 19 Dec 19 Mar 20 Y-o-Y Mar 19 Mar 20 Y-o-Y Interest on Advances 1641 1693 1578 (3.86%) 6567 6409 (2.40%) Interest on Investment 1019 1098 989 (2.94%) 3690 4203 13.89% Other Interest Income 116 226 240 106.53% 593 883 48.99% Total Interest Income
Slide 7: Other Income
Quarter Ended Change Year Ended Change Particulars Mar 19 Dec 19 Mar 20 Y-o-Y Mar-19 Mar-20 Y-o-Y Comm., Exchange & Brokerage 233 202 252 8.38% 766 834 8.80% Comm. on Gov t. Business 6 3 6 (11.70%) 19 18 (9.28%) Fee Based Income 239 205 258 7.84% 786 851 8.35% Recov ery in written off accounts 50 15
Slide 8: Interest Expenses
Quarter Ended Change Year Ended Change Particulars Mar 19 Dec 19 Mar 20 Y-o-Y Mar-19 Mar-20 Y-o-Y Interest on Deposits 1680 1687 1670 (0.60%) 6751 6757 0.09% Other Interest Expense 96 143 114 18.60% 365 459 25.88% Total Interest Expense 1775 1830 1784 0.50% 7116 7217 1.41% Interest Expenses (Qtr end
Slide 9: Operating Expenses
Quarter Ended Change Year Ended Change Expenditure Item Mar 19 Dec 19 Mar 20 Y-o-Y Mar 19 Mar 20 Y-o-Y St aff Expenses 461 436 481 4.26% 1794 1744 (2.80%) of which AS 15 Provision 170 120 156 (8.11%) 630 472 (25.14%) Other Operating Expenses 423 350 339 (19.91%) 1289 1337 3.74% Tot al Operat ing 884
Slide 10: Total Non-interest Expenses
Expenditure Item Quarter Ended Year Ended (Excluding Staff Exp) Mar 19 Dec 19 Mar 20 Mar 19 Mar 20 Rent, t axes, lighting 51.09 53.07 54.02 207.03 214.98 Print ing & St at ionery 5.21 4.19 8.56 17.49 21.62 Advt. & Publicity 2.24 7.13 11.78 15.10 25.69 Depreciat ion on fixed asset s 119.13 56.41 52.0
Slide 11: Provisions and Contingencies
Quarter Ended Year Ended Particulars Mar 19 Dec 19 Mar 20 Mar 19 Mar 20 Non Performing Assets 237 794 717 7227 2953 Standard/Restructured Assets 141 37 139 22 38 Depreciation on Investments (9) 23 (20) 83 3 Non-performing Investment (2) 9 38 (182) 53 Other provisions 47 54 36 176 60 Provision & Cont
Slide 12: Key Ratios
Quarter Ended Year Ended Particulars Mar 19 Dec 19 Mar 20 Mar 19 Mar 20 Cost of Deposit s (%) 4.93 4.81 4.68 4.99 4.81 Yield on Advances (%) 7.66 7.66 6.86 7.68 7.23 Yield on Investment s (%) 7.34 7.18 7.10 7.26 7.23 Cost of Funds (%) 4.33 4.26 4.10 4.47 4.26 Yield on Funds (%) 6.77 7.02 6.45 6.82 6
Slide 13: Cost of funds and Yield on funds
Cost of Deposit, Yield on Advance & Yield on Cost of funds & Yield on funds [Qtr %] Investment [Qtr %] 7.50 7.02 8.50 7.66 6.77 6.77 6.90 7.66 7.19 7.43 7.10 6.45 7.50 7.34 7.31 6.50 7.18 7.02 6.86 5.50 5.50 4.33 4.33 4.34 4.26 4.10 4.50 4.93 4.88 4.91 4.81 4.68 3.50 3.50 Mar 19 Jun 19 Sep 19 Dec 19
Slide 14: Balance Sheet
As on LIABILITIES Mar 19 Dec 19 Mar 20 Capit al 2753 5824 5824 Reserves and Surplus 2986 4875 4931 Deposit s 140650 141986 150066 Borrowings 10149 7820 3670 Ot her Liabilities & Provisions 7997 2937 4375 TOTAL 164536 163442 168867 ASSETS Cash and Balances with Reserve Bank of India 7920 7527 10354 B
Slide 15: Business Mix
As on Growth Particulars Mar 19 Dec 19 Mar 20 Y-o-Y Total Business 234117 235867 244955 4.63% Deposits 140650 141986 150066 6.69% of which CASA 69830 68246 75475 8.08% CASA Share (%) t o Total Deposit 49.65% 48.07% 50.29% Gross Advances 93467 93882 94889 1.52% Gross Investment 60164 60521 58171 (3.3
Slide 16: CASA
CASA 80,000 75475 75,000 Stable CASA Deposits 69830 70,000 68212 68246 Healthy CASA 66801 Ratio above 50% 65,000 60,000 Mar 19 Jun 19 Sep 19 Dec 19 Mar 20 16
Slide 17: Credit Portfolio
Credit Portfolio As on Growth Particulars Mar 19 Dec 19 Mar 20 Y-o-Y Gross Advances 93467 93882 94889 1.52% of which Retail Sector 18805 21366 22810 21.30% Agriculture Sector 15120 15601 14385 (4.86%) MSME Sector 13727 16074 17164 25.04% Total RAM 47652 53042 54359 14.07% Corporate & Others 45815 40
Slide 18: External Rating-wise Advances
External Rating-wise Advances Mar 19 Dec-19 Mar-20 Particulars No. of Balance % to total No. of Balance % to total No. of Balance % to total Borrower (F+NF) Amt Borrower (F+NF) Amt Borrower (F+NF) Amt STD Borrowers eligible for 759 39,139 100.00% 948 45236 100.00% 964 49,376 100% external rating of
Slide 19: Funded Exposure To Selected Sectors
Funded Exposure To Selected Sectors Change Sector Mar 19 Dec 19 Mar 20 Y-o-Y Q-o-Q CRE 2414 2149 1719 (28.79%) (20.01%) NBFC 10151 11789 11832 16.56% 0.36% I nfra. 9427 8748 9829 4.26% 12.36% of which Power 5209 4135 3995 (23.31%) (3.39%) Telecom 11 0 0 Roads 2656 3009 3306 24.47% 9.87% Ports 322 47
Slide 20: Exposure to NBFCs
Exposure to NBFCs As on Particulars Mar 19 Dec 19 Mar 20 HFC Other NBFC HFC Other NBFC HFC Other NBFC AAA 1,978 2,473 2,450 2,385 1,000 3,350 AA 717 1,901 1,062 1,568 1,083 1,369 A 854 1,243 217 2,049 205 1,285 BBB 20 199 59 123 13 319 BB & Below - 263 - 325 - 162 Total Rated Borrowers 3,569 6,078 3
Slide 21: Asset Classification
As on Mar 19 Dec 19 Mar 20 Particulars % of % of % of Amount Amount Amount Gross Advance Gross Advance Gross Advance 78,142 83.60% 78,136 83.23% 82,737 87.19% Standard 4,165 4.46% 4,063 4.33% 3,845 4.05% Sub-Standard 10,296 11.02% 9,524 10.14% 7,944 8.37% Doubtful 863 0.92% 2,159 2.30% 364 0.38% Los
Slide 22: Movement of Gross NPAs
Quarter Ended Year Ended Particular Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Mar-19 Mar-20 Opening Level of Gross NPAs 15,509 15,324 16,650 15,409 15,746 18,433 15,324 Total Reductions 1,292 445 1,849 1,062 4,554 7,413 7,213 of which : Recovery + 395 436 678 1,153 511 2,286 1,515 Upgradation Gross Additio
Slide 23: Sector-wise NPAs
As on Mar 19 Dec 19 Mar 20 Sectors Sector Sector Sector Sector Sector Sector Advance Advance Advance NPA NPA (%) NPA NPA (%) NPA NPA (%) Agriculture 15120 2914 19.27% 15601 3532 22.64% 14385 3726 25.90% Retail 18805 663 3.53% 21366 759 3.55% 22810 756 3.32% Micro & Small 13011 2197 16.89% 15183 2194
Slide 24: Retail Credit NPA
As on As on As on Mar 19 Dec 19 Mar 20 Sector Gross Sector Sector Gross Sector Sector Gross Sector Sector Advance NPA NPA (PCT) Advance NPA NPA (PCT) Advance NPA NPA (PCT) Total Retail Credit 18805 663 3.53% 21366 759 3.55% 22810 756 3.32% of which Housing 12052 520 4.31% 13996 589 4.21% 14915 585 3
Slide 25: Movement of SMA
Movement of SMA Particulars Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Gross Advances 93467 93032 91406 93882 94889 SMA - 2 1131 1310 1489 1886 702 SMA - 1 3335 2042 2251 2926 2128 3.00% 4.00% 3.00% 2.00% 2.00% 3.57% 1.00% 2.01% 3.12% 1.41% 1.63% 2.19% 2.46% 2.24% 1.21% 1.00% 0.74% 0.00% 0.00% Mar-19 Jun-19
Slide 26: Investments
Investments As on % Change PARTICULARS Mar 19 Dec 19 Mar 20 Y-O-Y Q-o-Q A. SLR Investments (i) HFT 0 377 0 - - (ii) AFS 7030 13743 7636 8.61% (44.44%) (iii) HTM 27053 27564 28997 7.19% 5.20% Total SLR Investment 34083 41684 36633 7.48% (12.12%) B. Non SLR Investments (i) HFT 0.44 1.44 5.78 - - (ii)
Slide 27: Capital Adequacy
As on Particulars Mar 19 Dec 19 Mar 20 Risk Weighted Assets 72110 79325 77794 % of RWA to Gross Advances 77.15% 84.50% 81.98% Tier I Capital 7148 7490 8298 CET I Capital 7127 7490 8298 Additional Tier I Capital 21 0 0 Tier II Capital 1404 1402 2217 Total Capital Funds 8551 8892 10515 Tier I Ratio 9.
Slide 28: Comfortable Capital Position
Comfortable Capital Position 4) ess 1. CET 1 ratio of 10.67% is well above regulatory minimum. It also reflects the ability to comfortably raise capital through various avenues. 2. Govt of India infused capital of Rs 831 crore during the Financial Year 2019-20 3. Bank raised 8.70% BASEL III Complian
Slide 29: Financial Inclusion - PMJDY
As on % Growth Particulars Mar 19 Dec 19 Mar 20 Y-O-Y Q-o-Q No. of PMJDY Accounts (In Lakh) 56.30 61.02 61.74 9.66% 1.18% Deposit in PMJDY Accounts (Rs. In Cr. ) 1442.31 1739.09 2057.37 42.64% 18.30% Average balance in PMJDY Accounts (Actual) 2562.00 2850.00 3332.00 30.05% 16.91% No. of RuPay Debit
Slide 30: Digital Channels
No. of Registered Users As on (in lakhs) Mar 19 Dec 19 Mar 20 No. No. No. Maha Mobile 6.12 7.73 8.34 UPI 1.03 1.27 1.35 Internet Banking 11.32 12.14 12.56 ATM (cards issued) 52.95 72.19 76.70 BHIM 8.56 10.43 11.05 Mar 19 (Qtr) Dec 19 (Qtr) Mar 20 (Qtr) Transactions No. (in Amount (Rs No.(in Amount (
Slide 31: COVID-19 Responses so far
(eae ey Bank of COVID-19 — Responses so far 1. 40% of Customers availed moratorium of term loans as announced by RBI Rs 1770 crore COVID-19 related loans sanctioned during this Corona pandemic in MSME. . Average 97.5% of Branches & 87.5 % of ATM remained operational during this Corona pandemic Robus
Slide 32: Support to Customers during Corona
Support to Customers during Corona My 2 1. Moratorium period of 6 (3+3) months of loan/ deferment of interest on CC for the period from 01.03.2020 to 31.08.2020 2. AD-HOC LINE OF CREDIT COVID-19 by way of SLC (Stand by Line of Credit) 3. Emergency Credit Line - Personal Loan Scheme- COVID-19 4. COVI
Slide 33: Shareholding Pattern
Mar-19 Mar-20 PARTICULAR No. of Share (in Cr) Holding (%) No. of Share (in Cr) Holding (%) Govt of india 241.56 87.74 538.66 92.49 Bank FIS & Insurance Co. 23.35 8.48 22.99 3.95 FII, NRI & OCBs 0.82 0.30 1.17 0.20 Others 9.59 3.48 19.60 3.37 Total 275.32 100.00 582.41 100.00 Govt of India As on 31st
Slide 34: Branch Network and Staff
Category of As on Branch Mar 19 Dec 19 Mar 20 2 Metro 466 466 458 30 5 Urban 325 325 331 39 Semi- Urban 426 427 428 5 1 30 Rural 615 614 616 1 82 Total Branches 1832 1832 1833 35 10 1 13 1 As on 67 144 7 31 1 1 Particular Mar 19 Dec 19 Mar 20 36 1 1 8 Number of ATM 1858 1859 1851 1121 1 27 500 + Cat
Slide 35: Awards & Accolades
(eae ey Bank of re We TH ew uRat ew das Awards & Accolades > Bank of Maharashtra ranked 2nd in Top Improvers’ Category among all PSBs under EASE > Bank got award for ‘Best IT Risk Management & Cyber Security Initiatives’ amongst Medium Banks by Indian Bank Association (IBA) > Bank got Kirti Award, t
Slide 36: Bank of Maharashtra
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