Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q2 FY2023 Earnings Presentation
40 slides from Bank Of Maharashtra's earnings presentation, Oct 17, 2022
Slide 1: Cover letter to stock exchanges
AX1/ISD/STEX/2022-23 Date: 17th October, 2022 The General Manager, The Vice President, Department of Corporate Services, Listing Department, BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai -
Slide 2: Press Release: Results at a Glance
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in PRESS RELEASE Date: 17th Oct, 2022 FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30th SEPT 2022 Results at a Glance Quarter 30th Sep 2022 vis a vis Quarter 30th Sept 2021 Total Business grew by 15.9
Slide 3: Profitability (Quarter and Half Year)
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Profitability (Quarter Ended Sep 30,2022) Net Profit up by 102.93% to ₹ 535 crore in Q2FY23 on Y-o-Y basis as against ₹ 264 crore for Q2FY22. The same is up by 18.40% on a Q-o-Q sequential basis. Operatin
Slide 4: Assets & Liabilities, Capital Adequacy
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Return on Equity (ROE) also improved to 16.90% for HYFY23 against 10.43% for HYFY22. Assets & Liabilities Total Business grew by 15.92% on Y-o-Y basis to ₹ 344,065 crore. Total Deposits up by 7.86% on Y
Slide 5: Profitability, Top Line Business, Balance Sheet
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Profitability (Rs in crore) Particulars Quarter Ended Change (%) Sep 21 Jun 22 Sep 22 Q-o-Q Y-o-Y Total Income 4,039 3,774 4,317 14.39 6.89 Total Expenses 2,639 2,573 2,855 11.00 8.19 Operating Profit 1,400 1
Slide 6: Financial Results for Quarter/Half-Year Ended September 30th, 2022
FINANCIAL RESULTS For Quarter/Half-Year Ended September 30th, 2022
Slide 7: Contents
Contents Page 1. Major Highlights 3 2. Financial Performance 4 - 16 3. Business Performance 17 - 19 4 Asset Quality 20 - 25 5. Capital 26 - 27 6. Digital Banking 28 - 29 7. Financial Inclusion 30 8. Expanding Footprints 31 9. Other Information 32 - 34 2 www.bankofmaharashtra.in /mahabank
Slide 8: Major Highlights
Major Financial Business Asset Quality Capital Highlights Performance Performance (Y-o-Y) (Q: Sept` 22 vis-à-vis Q: Sep` 21) Net Profit Operating Profit NIM % Return on Assets Net NPA % Increased by Increased by 102.93 % 4.43% 3.55 (3.27) 0.92 (0.53) 0.68 (1.73) Total Business Total Deposits Savings
Slide 9: Financial Performance
Major Highlights Financial Business Asset Quality Capital Performance Performance (Quarterly) ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) Operating Profit Net Profit 1,800 600 535 1,400 1,462 1,500 500 452 1,162 1,179 1,202 1,200 400 355 325 900 300 264 600 200 300 100 0 0 Sept`21 Dec`21 Mar`22 Jun`22
Slide 10: Financial Performance: NII and NIM
Major Highlights Financial Business Asset Quality Capital Performance Performance ( ₹ In Crore ) Net Interest Income (Quarterly) (%) NIM % (Quarterly) 2,000 3.8 1,887 3.55 1,800 3.6 1,686 1,612 1,600 1,500 1,527 3.4 3.27 3.28 1,383 1,406 3.17 1,400 1,306 3.2 3.11 3.11 3.06 3.05 1,200 3.0 1,000 2.8 D
Slide 11: Financial Performance: ROA, ROE, Cost to Income, NPA
Major Highlights Financial Business Asset Quality Capital Performance Performance (Quarterly) Return on Equity (%) (Quarterly) (Quarterly) Return on Assets (%) 21 Cost to Income (%) 0.92 55 1.0 18.32 51.71 0.81 18 16.75 0.8 50 47.13 0.65 45.63 0.60 44.76 15 13.49 13.96 0.6 0.53 45 41.17 0.41 39.96 3
Slide 12: Statement of Income and Expenditure
Major Highlights Financial Business Asset Quality Capital Performance Performance Statement of Income and Expenditure ( ₹ In Crore ) Quarter Ended Half-Year Ended Year Ended Particulars Sept`21 Jun`22 Sep`22 Y-o-Y (%) Sept`21 Sep`22 Y-o-Y (%) Mar`22 Total Income 4,039 3,774 4,317 7 7,830 8,092 3 15,
Slide 13: Interest Earnings
Major Highlights Financial Business Asset Quality Capital Performance Performance Interest Earnings ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) (Half-Year Ended) 4,500 8,000 7,273 4,000 3,815 7,000 3,426 3,457 6,311 3,500 3,282 3,207 5,764 6,000 5,673 3,000 5,000 2,500 4,000 2,000 3,000 1,500 2,000 1,
Slide 14: Non-Interest Income
Major Highlights Financial Business Asset Quality Capital Performance Performance Non-Interest Income ( ₹ In Crore ) Quarter Ended Half-Year Ended Particulars Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Sept`20 Sept`21 Sep`22 Fee Based Income 303 305 372 281 306 426 556 587 Treasury Income 113 114 28 (92)
Slide 15: Interest Expenses
Major Highlights Financial Business Asset Quality Capital Performance Performance Interest Expenses ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) (Half-Year Ended) 2,400 4,000 3,700 3,603 3,556 3,405 2,000 1,928 1,814 3,200 1,755 1,772 1,708 1,600 2,400 1,200 1,600 800 800 400 - 0 Sept`21 Dec`21 Mar`22
Slide 16: Operating Expenses
Major Highlights Financial Business Asset Quality Capital Performance Performance Operating Expenses ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) (Half-Year Ended) 976 2000 1,918 1,000 955 932 927 1,728 801 800 1600 1,512 1,475 600 1200 400 800 200 400 - 0 Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Sept`19 S
Slide 17: Other Operating Expenses
Major Highlights Financial Business Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ In Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`21 Jun`22 Sep`22` Sept`21 Sep`22 Mar`22 Rent, taxes, lighting 47 58 63 112 121 228 Printing & Stationery 6 5 6 10 11 22
Slide 18: Provisions & Contingencies
Major Highlights Financial Business Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ In Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`21 Jun`22 Sep`22` Sept`21 Sep`22 Mar`22 Prov for Non Performing Assets 922 637 532 1,423 1,169 2,578 Prov for Standard
Slide 19: Key Financial Ratios
Major Highlights Financial Business Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Cost of Deposits (%) Cost of Funds (%) Cost to Income (%) 4.0 3.5 3.44 48 45.63 3.76 44.76 3.8 3.69 3.4 45 3.61 3.32 3.31 3.54 3.27 3.6 3.3 42 3.46 39.96 39.99 3.18 38.82 3.4 3.2 39 3.2 3
Slide 20: Key Financial Ratios: Yields
Major Highlights Financial Business Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Yield on Advances (%) Yield on Funds (%) Yield on Investments (%) 8.0 6.7 7.81 6.55 6.6 6.46 7.7 6.5 6.4 7.43 6.27 6.24 7.33 6.20 6.16 6.18 7.4 6.3 6.21 7.22 6.2 6.12 7.04 7.1 6.1 6.0 5.8
Slide 21: Assets & Liabilities – An Overview
Major Highlights Financial Business Asset Quality Capital Performance Performance ( ₹ In Crore ) Assets & Liabilities – An Overview As on Assets Sept`21 Jun`22 Sep`22` Mar`22 Cash & Balance with RBI 13,838 13,761 14,483 19,722 Balances with Bank & Call Money 53 294 29 194 Total Investments (Net of D
Slide 22: Business Mix
Major Highlights Financial Business Asset Quality Capital Performance Performance BUSINESS MIX ( ₹ In Crore ) Business (Quarterly) (%) ( ₹ In Crore ) CASA Deposit (Quarterly) (%) 4,00,000 78 1,40,000 70 3,37,534 3,44,065 76 3,50,000 3,36,470 1,17,035 1,20,000 3,15,620 1,09,857 1,10,205 74 2,96,808 6
Slide 23: Investments
Major Highlights Financial Business Asset Quality Capital Performance Performance Investments (Quarterly) M Duration (AFS+HFT) (Quarterly) ( ₹ In Crore ) 80,000 74,329 1.80 72,285 72,328 70,731 69,093 70,000 1.75 1.70 60,000 1.63 1.63 50,000 1.60 40,000 1.50 30,000 20,000 1.40 1.40 10,000 1.30 - 1.2
Slide 24: Credit Portfolio – Balanced Loan Growth
Major Highlights Financial Business Asset Quality Capital Performance Performance Credit Portfolio – Balanced Loan Growth ( ₹ In Crore ) Particulars Sept`21 Jun`22 Sep`22` Growth (Y-o-Y) % RETAIL CREDIT Gross Advances 1,15,236 1,40,561 1,48,216 28.62 Particulars Sept`21 Jun`22 Sep`22` Growth (Y-o-Y)
Slide 25: External Rating-wise Advances – Above 25 Cr
Major Highlights Financial Business Asset Capital Performance Performance Quality External Rating-wise Advances – Above 25 Cr ( ₹ In Crore ) Sep`21 Jun`22 Sep`22 Particulars No. of % of O/s No. of % of O/s No. of % of O/s O/s Amount O/s Amount O/s Amount Borrowers Amount Borrowers Amount Borrowers A
Slide 26: Funded Exposure to Selected Sectors & Industries
Major Highlights Financial Business Asset Capital Performance Performance Quality Funded exposure to selected sectors & industries with total exposure (more than 1%) – Sep` 22 Petroleum, Coal Products & Nuclear Fuels 1.05 All Engineering 1.29 Top 3 selected sectors are Vehicle Loans 1.31 Housing, Ag
Slide 27: Improved Asset Quality backed by High PCR
Major Highlights Financial Business Asset Capital Performance Performance Quality Improved Asset Quality backed by High PCR ( ₹ In Crore ) Particulars Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Standard 1,08,833 1,22,901 1,29,913 1,35,301 1,43,177 Sub-Standard 2,362 2,566 1,986 1,940 1,787 Doubtful 3,406
Slide 28: Sector-wise Credit Deployment & NPA; Movement of NPA
Major Highlights Financial Business Asset Capital Performance Performance Quality Sector-wise Credit Deployment & NPA ( ₹ In Crore ) Movement of NPA ( ₹ In Crore ) Sep`21 Jun`22 Sep`22 Particulars Sector Sector Sector Sector Sector Sector Particulars Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Advances Adv
Slide 29: Retail and MSME Sector NPA
Major Highlights Financial Business Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ In Crore ) Sep`21 Jun`22 Sep`22 Retail Sector NPA % Particulars Sector Sector Sector Sector Sector Sector Advances Advances Advances 2.0 NPA NPA % NPA NPA % NPA % NPA % 1.65 Total Retail Credit
Slide 30: Restructuring of Advances
Major Highlights Financial Business Asset Capital Performance Performance Quality Restructuring of Advances ( ₹ In Crore ) Sector-wise COVID Restructuring under RP 1.0 as on 30.09.2022 RP Invoked RP Implemented (as on 30.09.21) RP Implemented (as on 30.06.22) RP Implemented (as on 30.09.22) % to res
Slide 31: Capital Adequacy (%)
Financial Business Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) 20 CRAR 18 16.48 16.71 16 16.15 Tier I Capital 14.67 14.85 14.49 14.46 14 12.89 13.65 12.38 12.16 11.38 Tier II Capital 12 10.98 11.00 10.54 10.61 10 8 Bank has raised 6 Rs. 710 Crore, 4.24 4.10 Ti
Slide 32: Equity Holding (%) & Ratios
Financial Business Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Particulars Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Domestic Companies, Individuals, Mutual funds/ UTI, 0.25% 4.64% No. of Shares (in crore) 673.05 673.05 673.05 673.05 673.05 0.19% Ne
Slide 33: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints ATM Card Base (Lakhs) Digital transaction (%) 135 97 130.38 96.38 96.34 95.98 128 126.50 96 95.56 122.60 121 95 94.66 116.95 114 94 110.08 107 93 100 92 Sept`21 Dec`21 Mar`22 Jun`2
Slide 34: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints UPI/BHIM Users (Lakhs) Internet Banking Users (Lakhs) QR Merchant Onboarding (Lakhs) 28 25 12 24.50 24.89 10.14 21.73 24 22 10 20.3 19.30 20 19 18.30 8 17.20 17.25 15.68 16.19 16 1
Slide 35: Financial Inclusion (in Lakhs)
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha 73 72.7 Bima Yojana 71.8 43 72 71.6 40.6 40 37.9 38.6 71 70.6 37 70 69.6 33.4 34 32.8 69 31 6
Slide 36: Expanding Footprints
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Bank has been continuously expanding its presence PAN India. No. of Branches Category Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Metro 482 486 488 484 488 Urban 401 405 412 419 431 Semi Urban 492 502 511 5
Slide 37: Environmental, Social & Governance (ESG) Initiatives
Digital Banking Financial Expanding ESG Products, Services & Inclusion Footprints Initiatives Awards Environmental, Social & Governance (ESG) Initiatives 01 02 03 04 05 In an effort to support Bank has installed climate change , the Sustainable finance ROI for finance to Bank has formulated solar pl
Slide 38: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 33 www.bankofmaharashtra.in /mahabank
Slide 39: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards National MSME Awards Best Nationalized Bank in 'Best Bank 2021' Award 2022 Agriculture Finance award at at the hands of Shri. P at the hands of Hon'ble the hands of Shri Bhagwat Rajeeve, Hon'ble Prim
Slide 40: Thank You
age Aq 31 HERise Bank of Maharashtra FRG GSN ST Gar ee uRar cH da THANK YOU SS ew www.bankofmaharashtra.in @@Q@©OO @® O/mahabank
Bank of Maharashtra — Q2 FY2023 Earnings Presentation on 6ix