Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q2 FY2018-19 Earnings Presentation
52 slides from Bank Of Maharashtra's earnings presentation, September 2018
Slide 1: Financial Results Quarter Ended 30th September 2018
Financial Results Qua mer
Slide 2: Contents
►Performance Highlights ►Capital, Assets, Liabilities & Business Overview ► Loans & Advances ►Asset Quality ►Investments ►Income & Expenditure, Profitability ►Financial Ratios ►Recovery Performance ►Capital & Capital Adequacy ►Digital Footprints & Performance under Government Schemes ►Resources 2
Slide 3: Performance Highlights
Net Profit CASA(%) Priority Sector Advances NIM(%) 27.00 46.25% 41.84% 2.76% Crore Operating Profit PCR Cost of Deposit Net NPA% 2.07% 14.82% 14.68% 41 BPS 3
Slide 4: Balance Sheet
Particulars As on As on As on % Growth Liabilities 30.09.2017 30.06.2018 30.09.2018 Y-o-Y Q-o-Q Capital 1257 2598 2598 106.68% 0.00% Reserves & Surplus 5949 6210 6221 4.57% 0.17% Deposits 135097 135411 135527 0.32% 0.09% Borrowings 5844 3632 5346 (8.52%) 47.21% Other Lia.and Provisions 3500 3194 301
Slide 5: Share Capital and Shareholding
30.09.2017 30.09.2018 Particulars No. of Share % Holding No. of Share % Holding Govt of India 104.24 82.91% 226.09 87.01% Banks, Financial & Insur Co 15.31 12.18% 23.41 9.01% FIIs & NRIs 0.50 0.40% 0.65 0.25% Others 5.67 4.51% 9.69 3.73% Total 125.72 100.00% 259.85 100.00% As on 30 Sep 2018 0.25% 3.
Slide 6: Total Business
As on % Growth Particulars Sep 17 Jun 18 Sep 18 Y-o-Y Q-o-Q Total Business 228062 219458 226069 (0.87%) 3.01% Deposits 135097 135411 135527 0.32% 0.09% of which CASA 59788 62737 62675 4.83% (0.10%) Gross Advances 92965 84047 90542 (2.61%) 7.73% Gross Investment 37466 51900 51662 37.89% (0.46%) Total
Slide 7: Deposits, CASA, Advances and CD Ratio
Total Deposit (Rs. In Cr) CASA Deposit (Rs. in Cr) 75000 59788 62737 62675 135411 135527 140000 135097 60000 53023 53092 49880 45000 130000 30000 120000 9908 9714 9583 15000 0 110000 Sep 17 Jun 18 Sep 18 Sep 17 Jun 18 Sep 18 Current Deposits Savings Deposits CASA Advances (Rs. In Cr) CD RATIO (%) 80
Slide 8: Gross Advances: Priority and Non-Priority
As on % Growth Particulars Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q Gross Advances 92965 84047 90542 (2.61%) 7.73% of which Priort y Sect or 36916 35668 36703 (0.58%) 2.90% Non-Priort y Sect or 56049 48379 53839 (3.94%) 11.29% Priority & Non Priority Advances 56049 53839 48379 36916 35668 36703 Priorty Sec
Slide 9: Advances Composition
As on Composition % to % to % to 30.09.17 30.06.18 30.09.18 Gross Adv Gross Adv Gross Adv Retail, Agriculture & MSME - RAM Sector 47819 51.44 45911 54.63 45050 49.76 Non Priority & Non Corporate 2807 3.02 2099 2.50 1572 1.74 Corporate Sector 42339 45.54 36037 42.88 43920 48.51 Of Which i) Exposure t
Slide 10: Priority Sector Advances
Sep 17 June 18 Sep 18 Growth Y-o-Y Growth Q-o-Q % to % to % to PARTICULARS Adv Adv Adv Amt % Amt % ANBC ANBC ANBC ANBC 106135 100828 96594 (9541) (8.99%) (4234) (4.38%) Priorty Sector 40071 37.75% 38663 38.35% 40416 41.84% 345 0.86% 1753 4.34% (including investment) Priorty Sector (excluding 36916 3
Slide 11: Total Retail Credit
As on % Growth Particulars Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q Tot al Ret ail Credit 13303 16767 15331 15.25% (8.56%) of which Housing 10687 13624 12072 12.96% (11.39%) Educat ion 969 1009 1080 11.45% 7.07% Vehicle 915 1176 1198 30.99% 1.89% Ot hers 732 958 981 33.95% 2.39% Sep 18 1198, 8% 981, 6% 108
Slide 12: Retail, Agriculture and MSME
As on % Growth Particulars Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q Gross Advances 92965 84047 90542 (2.61%) 7.73% of which Retail Sector 13303 16767 15331 15.25% (8.56%) Agriculture Sector 15678 14310 14940 (4.71%) 4.40% MSME Sector (Incl. Priority & Non-Priority 18838 14834 14779 (21.55%) (0.37%) Total R
Slide 13: MSME Advances
As on Growth Particulars Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q MSME Adv ances 18838 14834 14779 (21.55%) (0.37%) Manufacturing 5631 4966 4534 (19.47%) (8.69%) Serv ices 13208 9868 10245 (22.44%) 3.82% Total 18839 14834 14779 (21.55%) (0.37%) Micro 10040 8424 8352 (16.82%) (0.86%) Small 7622 5539 5740 (2
Slide 14: CRE, NBFC and Infrastructure Exposure
% Growth % Growth Sector Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q CRE 4730 2828 2408 (49.09%) (14.85%) NBFC 9498 6412 9733 2.47% 51.79% Infra. 9230 9944 8993 (2.57%) (9.56%) of which Power 4542 4314 4177 (8.04%) (3.18%) Telecom 356 1093 498 39.89% (54.44%) Roads 2763 3009 2883 4.34% (4.19%) Ports 334 318 3
Slide 15: Asset Classification and Provision Coverage
As on % Change Sep 17 June 18 Sep 18 Particulars % of % of % of Amount Amount Amount Y-o-Y Q-o-Q G Adv G Adv G Adv Standard 75726 81.46% 66247 78.82% 73669 81.36% (2.72%) 11.20% Sub-Standard 4067 4.38% 4209 5.01% 4047 4.47% (0.51%) (3.85%) Doubtful 12985 13.97% 12859 15.30% 11854 13.09% (8.71%) (7.8
Slide 16: Sector-wise Gross NPA
As on Sep 17 June 18 Sep 18 Sector % to % to % to Gross NPA Respective Gross NPA Respective Gross NPA Respective Portfolio Portfolio Portfolio Retail Credit 667 5.01 817 4.87 831 5.42 of which : Housing Loan 505 3.79 636 3.79 640 4.17 Education 88 0.66 106 0.63 112 0.73 Vehicle 38 0.29 43 0.25 44 0.
Slide 17: NPA Movement
Half Year Ended Quarter Ended Particulars Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Opening Gross NPA 17189 18433 18049 18433 17800 Less Recovery in Ledger Balance 1015 1215 429 858 439 Less Upgradation 297 216 271 266 428 Less Write Off 1684 3151 1368 1685 1475 Total Reduction [A] 2996 4582 2069 2810 2342
Slide 18: NPA and Provision Coverage Trend
Particulars Sep 17 June 18 Sep 18 Gross NPA 17239 17800 16873 Net NPA 10990 9195 8743 Provision Coverage Ratio (%) 49.69% 62.19% 64.37% NPA Movement % Provision Coverage Ratio% 21.18% 64.37% 62.19% 18.54% 18.64% 12.68% 12.20% 10.61% 49.69% Net NPA % Gross NPA % Sep 17 Jun 18 Sep 18 Sep 17 Jun 18 Sep
Slide 19: Recovery and Upgradation
Recovery Upgradation 900 858.30 700 546.58 500 429.46 439.32 427.84 387.9 300 271.48 266.15 227.57 199.07 100 Sep 17 Dec 17 Mar 18 Jun 18 Sep 18 Recovery 429.46 387.9 546.58 858.30 439.32 Upgradation 271.48 199.07 227.57 266.15 427.84 19
Slide 20: Sector-wise NPA
As on Sep 17 June 18 Sep 18 Sectors Sector Sector Sector Sector Sector Sector Adv Adv Adv NPA NPA % NPA NPA % NPA NPA % Agriculture* 15678 2282 14.56% 14310 2820 19.71% 14940 3032 20.29% Retail 13303 667 5.01% 16767 817 4.87% 15331 831 5.42% MSME 18838 4723 25.07% 14834 3332 22.46% 14779 3283 22.21%
Slide 21: Retail Sector NPA
As on As on As on Sep 17 June 18 Sep 18 Sector Sector Sector Sector Sector Sector Sector G Adv NPA NPA % G Adv NPA NPA % G Adv NPA NPA % Total Retail Credit 13303 666 5.00% 16767 817 4.87% 15331 828 5.40% of which Housing 10687 504 4.72% 13624 636 4.67% 12072 640 5.30% Education 969 88 9.12% 1009 10
Slide 22: Recovery Performance
Recovery Number of Recovery FY 18-19 PARTICULARS Accounts as Amount as Recovery Q1 FY 18- (till on 30.09.18 on 30.09.18 FY 18-19 19 30.09.2018) SUIT FILED 3498 11165 68 6 68 DECREED 831 5718 SARFAESI 8034 7425 505 332 505 NCLT 82 10517 922 780 922 FY 18-19 (till FY 17-18 Q1 FY 18-19 PARTICULARS 30.0
Slide 23: NCLT Cases
Other Grand NCLT Cases as on 30.09.2018 RBI List 1 RBI List 2 Total NCLT Total Cases No. of Accounts 7 10 17 62 79 No of Cases where Resolution Plan has approved 4 0 4 4 8 Number of accounts referred under IBC as on 30.09.2018 7 10 17 62 79 Outstanding as on 30th Sep 2018 2907 1944 4847 4343.77 9195
Slide 24: Stressed Assets: SMA-1 and SMA-2
Sep 17 June 18 Sep 18 Particulars Amount Amount Amount Gross Advances 92965 84047 90542 SMA-1* 6969 3822 3390 SMA-2* 6262 1942 2039 Total 13231 5764 5429 % of Stressed Assets to Gross 14.23 6.86 6.00 Advances 24
Slide 25: Restructured Accounts
Standard NPA TOTAL Details of Restructured Accounts as on No. of No. of No. of 30.09.2018 Amount Amount Amount Accounts Accounts Accounts CDR 0 0 11 859 11 859 SDR 0 0 14 2634 14 2634 Outside SDR 0 0 2 219 2 219 S4A 4 328 1 10 5 338 Others 4 69 100 1224 104 1294 Sub-Total 8 397 128 4946 136 5344 5/2
Slide 26: Movement in Restructured Advances
As on Particulars Sep 17 June 18 Sep 18 Opening Standard Restructured Advances 2,292.21 1,360.72 915.85 Add: Additions in Restructured Accounts 8.98 0.14 1.73 Add: Upgradations 20.04 3.73 5.09 Less: Downgradations (55.35) (418.64) (131.97) Less: Ceased to attract (82.14) (28.42) - Add/Less: Addition
Slide 27: Investments: SLR and Non-SLR
As on % Change PARTICULARS Sep 17 June 18 Sep 18 Y-O-Y Q-o-Q A. SLR Investments (i) HFT 0 209 0 - (100.00%) (ii) AFS 5282 8990 10948 107.29% 21.78% (iii) HTM 27605 26754 26727 (3.18%) (0.10%) Total SLR Investment 32887 35953 37675 14.56% 4.79% B. Non SLR Investments (i) HFT 0.65 0.46 0.35 (46.15%) (
Slide 28: Investment Breakdown
As on % Growth Particulars Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q Government Securities 34403 39524 41153 19.62% 4.12% Shares 354 332 297 (16.16%) (10.54%) Debentures & Bonds 1664 1890 2164 30.08% 14.50% Subsidiaries & JVs 73 73 73 (0.57%) 0.00% Others 697 9402 7374 957.52% (21.57%) Net Investments 37192
Slide 29: Income and Expenditure
Half Year Ended Quarter Ended % Increase (Qtr) Particulars Sep 17 Sep 18 Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q Total Income 6513 6180 3304 2987 3193 (3.35%) 6.89% Total Expenses 5288 4915 2612 2517 2398 (8.17%) (4.70%) Operating Profit 1225 1265 692 470 794 14.82% 68.89% Provisions & Contingencies 1943
Slide 30: Interest Income
Half Year Ended Quarter Ended % Growth (Qtr) Particulars Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Y-o-Y Q-o-Q Interest on Advances 3700 3263 1876 1620 1643 (12.38%) 1.48% Interest on Investment 1455 1792 735 817 975 32.71% 19.30% Other Interest Income 525 373 324 204 170 (47.71%) (16.74%) Total Interest I
Slide 31: Interest Expenses
Half Year Ended Quarter Ended % Growth (Qtr) Particulars Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Y-o-Y Q-o-Q Interest on Deposits 3717 3386 1827 1695 1692 (7.39%) (0.19%) Other Interest Exp. 307 181 145 87 93 (35.55%) 7.15% Total Interest Exp 4024 3567 1972 1782 1785 (9.46%) 0.17% Interest Expenses (HY)
Slide 32: Net Interest Income and NIM
Half Year Ended Quarter Ended % Growth (Qtr) Particulars Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Y-o-Y Q-o-Q Net Interest Income 1656 1861 963 858 1003 4.13% 16.82% Net Interest Margin (%) 2.25 2.55 2.64 2.33 2.76 NII NIM (%) 1861 2000 1656 2.55 2.64 2.76 3.00 2.33 2.25 1400 2.25 963 1003 858 1.50 800 0.
Slide 33: Non-Interest Income
Half Year Ended Quarter Ended % Increase (Qtr) Particulars Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Y-o-Y Q-o-Q Fee Based Income 357 373 185 190 183 (1.03%) (3.89%) Of which Fee Income from Govt. Business 10 9 6 5 4 (33.33%) (20.00%) Fee Income from Advances 192 165 91 83 82 (9.89%) (1.20%) Other Fee Inco
Slide 34: Operating Expenditure
Half Year Ended Quarter Ended % Increase (Qtr) Expenditure Item Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Y-o-Y Q-o-Q Staff Expenses 773 821 381 473 348 (8.69%) (26.37%) Other Operating Expenses 491 527 259 262 265 2.36% 1.21% Total Op. Expenditure 1264 1348 640 735 613 (4.22%) (16.55%) 34
Slide 35: Other Operating Expenses Detail
Expenditure Item Half Year Ended Quarter Ended % Increase (Qtr) (Excl Staff Exp) Sep 17 Sep 18 Sep 17 June 18 Sep 18 Y-o-Y Q-o-Q Rent, taxes, lighting 101.25 103.01 51.24 52.22 50.79 (0.88%) (2.74%) Printing & Stationery 8.92 8.39 3.53 4.37 4.02 13.88% (8.01%) Advt. & Publicity 6.77 6.31 3.22 2.36 3
Slide 36: Provisions and Contingencies
Half Year Ended Quarter Ended Particulars Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Non Performing Assets 1993 2452 835 1510 942 Standard/Restructured Assets (2) (94) 30 (58) (36) Depreciation on Investments (13) 232 (4) 135 97 Non-performing Investment 13 (168) 1 35 (204) Other provisions (48) 69 (71) 11
Slide 37: Key Financial Ratios
Half Year Ended Quarter Ended Particulars Sep 17 Sep 18 Sep 17 Jun 18 Sep 18 Cost of Deposits (%) 5.51 5.01 5.44 4.99 5.03 Yield on Advances (%) 8.09 7.66 8.45 7.43 7.92 Yield on Investments (%) 7.31 7.19 7.29 7.10 7.28 Credit Cost Ratio (%) (Not Annualised) 2.18 2.99 0.94 1.73 1.13 Cost of Funds (%
Slide 38: RWA for Credit Risk to Gross Advances
Particulars Sep 17 June 18 Sep 18 Gross Advances 92965 84047 90542 RWA for credit risk (fund based) 60741 51158 51411 % RWA for credit risk to Gross Advances 65.34 60.87 56.78 RWA for Credit Risk (Fund Based) to Gross Advances % 65.34 60.87 56.78 Sep 17 Jun 18 Sep 18 38
Slide 39: Capital Adequacy
As on Particulars Sep 17 June 18 Sep 18 Risk Weighted Assets 83973 75331 76042 % of RWA to Gross Advances 90.33% 89.63% 83.99% Tier I Capital 7559 6075 5967 CET I Capital 6024 6047 5939 Additional Tier I Capital 1535 28 28 Tier II Capital 1911 1564 1539 Total Capital Funds 9470 7639 7506 Tier I Rati
Slide 40: Digital Channels: Users and Transactions
Sep 17 June 18 Sep 18 No. of Registered Users No. No. No. Maha Mobile 359686 492594 528449 UPI 69390 83733 89555 Internet Banking 718882 1009932 1059281 ATM (cards issued) 6841599 6717825 6855307 BHIM 577121 543927 654255 Quarter ended Transactions Sep 17 Jun 18 Sep 18 No. Amount No. Amount No. Amou
Slide 41: Internet and Mobile Banking
Internet Banking Users Internet Banking Transactions YOY – (Rs. in Lacs) YOY – (No. In Lakhs) 22,677.34 Up by Up by 10.10 10.59 47.35% 7.67% 12.00 10.00 7.19 21,062.00 8.00 20,440.35 6.00 4.00 2.00 .00 Sep 17 June 18 Sep 18 Sep 17 June 18 Sep 18 Mobile Banking Users Mobile Banking Transactions (Rs.
Slide 42: ATM Card Base and Transactions
ATM Card Base (No. in Lakhs) ATM Transactions (Rs. In Crore) YOY – YOY – 69.00 68.55 Up by 129.73 Up by 68.42 0.20% 125.73 7.99% 68.50 130.00 125.00 120.13 68.00 67.18 120.00 67.50 115.00 67.00 110.00 66.50 105.00 66.00 100.00 Sep 17 June 18 Sep 18 Sep 17 June 18 Sep 18 ATM Up time % YOY – Up by 89.
Slide 43: Branches, Staff and Productivity
Category As on As on Sep 17 Jun 18 Sep 18 Category Sep 17 Jun 18 Sep 18 Metro 492 474 474 Officers 6491 6599 6783 Urban 340 329 329 Clerks 4784 4511 4400 Semi- Urban 434 428 428 Rural 617 615 615 Sub-staff 1796 1790 1817 Total Branches 1883 1846 1846 Total 13071 12900 13000 Productivity Ratios 30.00
Slide 44: Staff Composition
In Numbers 14000 1796 1790 1817 12000 10000 4784 4511 4400 8000 Sub-staff 6000 Clerks Officers 4000 6599 6783 6491 2000 0 Sep 17 Jun 18 Sep 18 Total : 13071 Total : 12900 Total : 13000 44
Slide 45: Business Correspondent Transactions
No. of Transactions routed through BCs (Lacs) Amount of transactions routed through BCs (Rs. in Crore) 58.43 60.39 3347.28 2982.36 29.69 1761.68 Sep 17 (Qtr) June 18 (Qtr) Sep 18 (Qtr) Sep 17 (Qtr) June 18 (Qtr) Sep 18 (Qtr) 45
Slide 46: PMJDY Accounts
No. of PMJDY Accounts (in Lacs ) Deposit in PMJDY Accounts (Rs. in Cr) 52.99 1179.69 1202.01 51.98 49.36 941.52 55.00 1200.00 45.00 800.00 35.00 400.00 25.00 0.00 15.00 Sep 17 June 18 Sep 18 Sep 17 June 18 Sep 18 No. of Zero Balance accounts (in lacs) (PMJDY) No. of Rupay Debit Cards issued to PMJDY
Slide 47: Government Schemes Performance
Disbursement 14.57 Lakh Policies `387.62 crore 1.30 Lakh Enrolments (Sep 18, Qtr) 7.54 Lakh Policies 52.99 Lakh Accounts 47
Slide 48: Bancassurance and Government Business Income
Sep 17 Jun 18 Sep 18 Category No. of Commisssion No. of Commisssion No. of Commisssion Policies Received Policies Received Policies Received Bancassurance 59932 8.55 29111 3.97 72097 8.40 of which Life 2420 3.42 1388 1.59 4493 4.02 Non Life 57512 5.13 27723 2.38 67604 4.38 Sep 17 Jun 18 Sep 18 Categ
Slide 49: Disclaimer
The information contained herein speaks only as of the particular date or dates included in the accompanying slides. Bank has taken all the precautions for accuracy of data. However, bank is not responsible and will not be held liable to any one for any unintended error. Bank of Maharashtra does not
Slide 50: Notes
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Bank of Maharashtra — Q2 FY2018-19 Earnings Presentation on 6ix