Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q3 FY2024 Earnings Presentation
28 slides from Dhanlaxmi Bank's earnings presentation, December 2023
Slide 1: Investor Presentation Q3-FY 2023-24
DhanlaxmiBank ¢ Banking on Relationships forever Investor Presentation Q3-FY 2023-24
Slide 2: Board of Directors
DhanlaxmiBank ‘established 1927 Banking on Relationships forever BOARD OF DIRECTORS Shri. K. N Madhusoodanan Shri. Shivan J. K Shri. G Rajagopalan Nair Shri. D. K Kashyap Part-time Chairman Managing Director & CEO Independent Director RBI Additional Director Shri. Sreesankar Dr. Nirmala Ms. Vardhini
Slide 3: Performance Highlights Y-o-Y
❖ Total Business of the Bank grew by 11.14% and reached Rs.24,654 Crore. ❖ Total Deposit of the Bank registered a growth of 10.83 % to reach Rs.14,340 Crore. ❖ Gross Advance of the Bank grew by 11.58% to reach Rs.10,314 Crore. ❖ Gold Loan Portfolio registered a growth of 28.36% to reach Rs.2675 Cror
Slide 4: Performance Highlights Y-o-Y
❖ Total Income increased by 31.25% ❖ Cost Income Ratio reduced to 77.67% from 78.72%. ❖ Cost of Deposits increased to 5.21% from 4.39%. ❖ Cost of Funds increased to 5.29% from 4.51%. ❖ Gross NPA percentage improved to 4.81% from 5.83%. Performance ❖ Net NPA percentage improved to 1.27% from 1.81%. H
Slide 5: Total Business
BUSINESS PERFORMANCE ₹. in Crore 25000 ₹ 24,654 ₹ 24,128 24000 ₹ 23,442 ₹ 23,206 23000 ₹ 22,183 22000 TOTAL 21000 BUSINESS 20000 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24
Slide 6: Total Deposit
₹. in Crore TOTAL DEPOSIT Retail Deposit 15000 12000 ₹ 11,586 14500 ₹ 14,340 11500 ₹ 11,206 ₹ 11,004 14000 ₹ 13,817 11000 ₹ 10,846 9 ₹ 10,626 % 13500 ₹ 13,352 ₹ 13,402 10500 ₹ 12,939 13000 10000 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 TOTAL 12500 12000 2800 Bulk Deposit ₹ 2,754 DEPOSIT 11500 27
Slide 7: Deposit Mix
₹. in Crore CA SA CASA CASA to Total Deposit % ₹ 4,260 ₹ 4,291 ₹ 4,460 ₹ 4,219 ₹ 4,242 32.61% 31.91% 31.65% 31.06% 31.10% ₹ 3,465 ₹ 3,497 ₹ 3,457 ₹ 3,512 ₹ 3,592 6 % ₹ 754 ₹ 763 ₹ 785 ₹ 779 ₹ 868 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 DEPOSIT Retail
Slide 8: Gross Advance
₹. in Crore Gross Advance Retail Advance 11000 8000 ₹ 7,574 ₹ 7,419 7500 ₹ 7,101 ₹ 6,944 ₹ 10,311 ₹ 10,314 7000 ₹ 6,642 ₹ 10,040 6500 14 10000 ₹ 9,854 6000 % 5500 ₹ 9,244 5000 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 Q3 FY 24 GROSS 9000 Corporate Advance ADVANCE 3500 3000 ₹ 2,602 ₹ 2,910 ₹ 2,939 ₹ 2,892 ₹
Slide 9: Advance Mix
Gold Loan ₹. in Crore 3000 ₹ 2,596 ₹ 2,675 ₹ 2,274 ₹ 2,451 Corporate 2500 ₹ 2,084 2000 3500 28 1500 % ₹ 2,910 ₹ 2,939 ₹ 2,892 3000 ₹ 2,740 1000 ₹ 2,602 500 2500 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 2000 5 % 1500 SME 2000 ₹ 1,754 ₹ 1,735 ₹ 1,698 ₹ 1,670 ₹ 1,670 1000 1500 5 500 % Q3 FY 23 Q4 F
Slide 10: Retail Segment
Retail Loan Total Housing Loan ₹. in Crore ₹ 4,861 ₹ 5,053 ₹ 4,295 ₹ 4,528 ₹ 4,028 ₹ 933 ₹ 977 ₹ 785 ₹ 837 ₹ 875 25 25 % % Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Gold Loan Loan against property ₹ 2,451 ₹ 2,596 ₹ 2,675 ₹ 266 ₹ 2,274 ₹ 216 ₹ 229 ₹ 231 ₹ 2
Slide 11: Total Restructured Advances
Total Restructured Advances Rs.329.63 Crore on 31st December 2023 ₹. in Crore Restructured Advance Gross Advance Total Restructured 10314 Particulars Restructured Advance Advance Standard Gross Advance 10314 10314 Education Loan Scheme 2.91 1.25 MSME standard 30.40 7.23 Restructuring Other restructu
Slide 12: Indicators Q3 to Q3
Operating Profit Net Profit ₹. in Crore ₹ 54 ₹ 58 59 ₹ 38 ₹ 39 ₹ 28 86 % ₹ 22 ₹ 23 ₹ 24 ₹ 22 % ₹3 Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 NII NIM 127 3.65% 3.60% 3.40% 3.41% 3.34% 119 121 115 10 31 114 % bps Indicators Q3 to Q3 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24
Slide 13: Ratios
ROA ROE 0.76% 0.68% 11.35% 10.03% 0.48% 0.34% 38 7.07% 544 5.14% bps bps 0.10% 1.63% Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Book Value (Rs.) EPS (Rs.) ₹ 40 ₹ 40 ₹ 41 ₹ 1.95 ₹ 2.03 ₹ 2.15 ₹ 36 ₹ 38 13 389 % ₹ 1.12 % ₹ 0.44 Ratios Q3 to Q3 Q3 FY23 Q4 FY23 Q1 FY
Slide 14: Asset Quality
₹. in Crore SMA Movement ₹ 168 ₹ 158 ₹ 129 ₹ 117 ₹ 114 ₹ 103 ₹ 96 22 ₹ 91 % ₹ 81 ₹ 78 ₹ 79 Asset ₹ 64 ₹ 61 ₹ 54 Quality ₹ 47 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 SMA 0 SMA 1 SMA 2
Slide 15: Asset Quality
Gross NPA% Net NPA% 1.81% 5.83% 5.21% 5.36% 5.19% 4.81% 1.16% 1.29% 1.27% 54 102 1.09% bps bps Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Provision Coverage Ratio Provision Coverage Ratio 90.61% 90.79% 89.11% 88.64% (without Technical W/Off) 86.57% 70.12% 78.64%
Slide 16: Branches, Staff and Performance
Number of Branches Per Branch Business ₹. in Crore 92 95 95 253 255 259 245 245 85 77 14 24 Nos % 31.03.21 31.03.22 31.03.23 30.09.23 Q3 FY24 31.03.21 31.03.22 31.03.23 30.09.23 Q3 FY24 Number of Staff Business Per Employee Performance 1656 1723 1767 1718 1707 Q3 to Q3 14 14 12 13 11 51 27 Nos % 31.
Slide 17: CRAR and Liquidity
CRAR AND LIQUIDITY Particulars Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Tier I Tier II Capital Adequacy Ratio 12.52% 12.32% 12.57% 12.23% 12.37% (%) 1.77% 1.78% 1.61% 2.24% 2.24% 1.67% CRAR (%) 12.52% 12.32% 12.57% 12.23% 12.37% TIER I (%) 10.28% 10.56% 10.79% 10.56% 10.75% Risk Weighted Assets 6796
Slide 18: Business Result
₹. in Crore For the Quarter Ended Year Ended (Standalone) 31.12.2022 30.09.2023 31.12.2023 Growth YOY Growth QoQ Particulars (Reviewed) (Reviewed) (Reviewed) 31.03.2023 (YOY) Growth % (QoQ) Growth % (Audited) Q3FY 23 Q2 FY 24 Q3 FY 24 Interest Income 276.26 303.90 307.72 1071.23 31.46 11.39% 3.82 1.
Slide 19: Balance Sheet Overview
₹. in Crore 31.12.2022 31.03.2023 30.06.2023 30.09.2023 31.12.2023 Particulars (Reviewed) (Audited) (Reviewed) (Reviewed) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 658 708 747 770 773 Deposits 12939 13352 13402 13817 14340 Borrowings 460 492 225 165 150 Othe
Slide 20: Shareholding Pattern (as on December 31, 2023)
Shareholding Pattern(as on December 31, 2023) Category No. of Holders Total Shares % To Equity Bodies Corporates, 9% Others, 1% Resident Individuals (Including HUF) 126094 150667206 59% Non Resident Indians, 19% Foreign Portfolio - Corp 15 30082334 12% Non Resident Indians 1209 47781685 19% Foreign
Slide 21: Over 555 Customer Touch Points
Over 555 Customer Touch Points including 259 Branches, 279 ATMs and 17 BCs Branch Presence No. of Branches Population 31.12.2022 31.12.2023 Performance Metropolitan 58 58 Urban 65 70 Semi Urban 107 111 Rural 19 20 Grand Total 249 259
Slide 22: Digital Banking Transaction Migration
In ‘000 Internet Transaction Volume Digital Migration 384 312 304 333 269 43 78.38% % Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Share of Digital Mobile Transaction Volume 244 217 Banking 195 196 156 Transaction @ 56 78.38% as on % 31st December 2023 Compared to Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24
Slide 23: Partners
Banking on Relationships forever PARTNERS + 4 RELIGARE ECEr TECH ZLrXcanaraexri ISBC BAIA 4 |Allianz @ Values that bind a LIFE INSURANCE Life & "0. Ltd, Your fast track to the future SSE QNSDL Gsme Ossi St42 ME Technology, Trust & Reach Moneywise. Be wise. SURAKSHA AUR BHAROSA DONO SMART INVESTING I
Slide 24: Strong Management Team
Strong Management Team = L EL Investor Presentation Q3-FY 2023-24 Mr. Shivan J.K, Managing Director & CEO © Bachelor in Agriculture, MBA & CAIIB; More than 37 years of experience in Retail, Agri, Corporate, International & Forex operations. * Was Chief General Manager of Stressed Assets Resolution G
Slide 25: Strong Management Team
Strong Management Team Investor Presentation Q3-FY 2023-24 Mr. Surendran AN, Head - Wholesale Banking © Graduate in Science and CAIIB; More than 33 Years of experience in banking with specialization in Treasury Management for 17 years. © Worked as Regional Head and handled Government Business. Mr. B
Slide 26: Strong Management Team
Strong Management Team Investor Presentation Q3-FY 2023-24 Mr. Suresh M Nair, Chief Credit Officer * Bachelor in Commerce and CAIIB; Over 40 Years of experience in Banking with SBI Group (State Bank of Travancore, State Bank of Patiala & SBI). * Vast experience in Corporate Credit, SME, Stressed ass
Slide 27: Disclaimer
DhanlaxmiBonk { tab) Banking on Relationships forever DISCLAIMER This presentation has been prepared by Dhanlaxmi Bank (the “Bank”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether wit
Slide 28: Thank You
DhanlaxmiBank ¢ wae Banking on Relationships forever Thank You... Investor Presentation Q3-FY 2023-24