Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2024-25 Earnings Presentation
41 slides from Bank Of Maharashtra's earnings presentation, Jan 16, 2025
Slide 1: Cover letter to stock exchanges: Investor Presentation
AX1/ISD/STEX/155/2024-25 Date: 16th January, 2025 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-4
Slide 2: Bank of Maharashtra
www.bankofmaharashtra.in /mahabank
Slide 3: Contents
Contents Page 1. Macro Economic Highlights 3 2. Major Highlights 4 3. Business Performance 5-7 4. Financial Performance 8 – 21 5 Asset Quality 22 - 27 6. Capital 28 - 29 7. Digital Banking 30 - 32 8. Financial Inclusion 33 9. Expanding Footprints 34 10. Other Information 35 - 37 2 www.bankofmaharash
Slide 4: Macro-Economic Highlights
Macro-Economic Highlights Positives ❑ The growth rate in Real GDP during 2024-25 is estimated at 6.4% ❑ The IIP growth rate for the month of November 2024 is 5.2 percent which was 3.5 percent (Quick Estimate) in the month of October 2024 ❑ As per RBI, CPI inflation for 2024-25 is projected at 4.8 pe
Slide 5: Major Highlights
Major Highlights Business Performance Financial Performance Asset Quality Capital (Y-o-Y) (Q: Dec` 24 vis-à-vis Q: Dec` 23) Net Profit Operating Profit NIM % Return on Assets Book value* Increased by Increased by 3.98 (3.95) 1.78 (1.55) 32.91 (23.87) 35.82% 14.46% Total Business Total Deposits Savin
Slide 6: Business Performance: Total Business
Major Highlights Business Financial Performance Asset Quality Capital Performance Total Business 16.86 % (Y-o-Y) (%) ( ₹ in Crore ) 6,00,000 100 5,07,650 4,93,793 5,00,000 4,74,411 4,76,447 90 4,34,404 4,00,000 80 3,00,000 70 2,00,000 60 1,00,000 50 - 40 Dec`23 Mar`24 Jun`24 Sept`24 Dec`24 Gross Adv
Slide 7: Total Deposit and Gross Advances
Major Highlights Business Financial Performance Asset Quality Capital Performance Total Deposit Gross Advances 13.54 % (Y-o-Y) 21.19 % (Y-o-Y) (%) (%) ( ₹ in Crore ) ( ₹ in Crore ) 3,00,000 100 2,50,000 100 2,76,289 2,79,007 2,28,642 2,70,747 2,67,416 2,17,504 90 2,09,031 90 2,45,734 2,03,664 2,50,0
Slide 8: Business Performance: Investments
Major Highlights Business Financial Performance Asset Quality Capital Performance Investments 20.66 % (Y-o-Y) (Quarterly) ( ₹ in Crore ) 90,000 M Duration (Total) 80,852 76,687 78,129 3.74 80,000 3.67 3.64 67,006 68,593 70,000 3.46 60,000 3.38 50,000 40,000 Dec`23 Mar`24 Jun`24 Sept`24 Dec`24 30,000
Slide 9: Profitability: Operating Profit and Net Profit
Major Highlights Business Performance Financial Asset Quality Capital Performance 14.46 % (Y-o-Y) Profitability 35.82 % (Y-o-Y) ( ₹ in Crore ) Operating Profit (Quarterly) ( ₹ in Crore ) (Quarterly) Net Profit 2,500 2,210 2,294 2,202 2,303 1,500 1,406 1,293 1,327 1,920 2,012 1,218 2,000 1,855 1,863
Slide 10: Profitability: Net Interest Income and NIM
Major Highlights Business Performance Financial Asset Quality Capital Performance 19.37 % (Y-o-Y) Profitability ( ₹ in Crore ) Net Interest Income (Quarterly) NIM % (Quarterly) 3,500 4.2 2,807 2,943 3.98 3.98 2,799 3.95 3.97 3.97 2,800 2,466 2,584 4.0 3.89 2,340 2,432 3.86 2,187 3.78 1,980 2,100 3.8
Slide 11: Statement of Income and Expenditure
Major Highlights Business Performance Financial Asset Quality Capital Performance Statement of Income and Expenditure ( ₹ in Crore ) Quarter Ended Nine Months Ended Year Ended Particulars Dec`23 Sept`24 Dec`24 Y-o-Y (%) Dec`23 Dec`24 Y-o-Y (%) Mar`24 Total Income 5,851 6,809 7,112 22 17,004 20,690 2
Slide 12: Interest Earnings
Major Highlights Business Performance Financial Asset Quality Capital Performance 22.30 % (Y-o-Y) Interest Earnings 21.22 % (Y-o-Y) (Quarterly) ( ₹ in Crore ) (Nine Months) ( ₹ in Crore ) 7,000 20,000 6,325 18,217 6,017 5,875 18,000 6,000 5,467 5,171 16,000 15,028 5,068 5,000 4,789 4,495 14,000 4,12
Slide 13: Non-Interest Income
Major Highlights Business Performance Financial Asset Quality Capital Performance Non-Interest Income ( ₹ in Crore ) Quarter Ended Nine Months Ended Year Ended Particulars Dec`23 Sept`24 Dec`24 Y-o-Y (%) Dec`23 Dec`24 Y-o-Y (%) Mar`24 Commission from Advances 160 232 221 38 485 633 31 769 Other Comm
Slide 14: Interest Expenditure
Major Highlights Business Performance Financial Asset Quality Capital Performance 24.97 % (Y-o-Y) Interest Expenditure 24.09 % (Y-o-Y) (Quarterly) (Nine Months) ( ₹ in Crore ) ( ₹ in Crore ) 4,000 12,000 3,500 3,381 3,211 3,076 9,668 10,000 3,000 2,882 2,706 2,636 2,449 7,791 2,500 2,308 8,000 2,149
Slide 15: Operating Expenditure
Major Highlights Business Performance Financial Asset Quality Capital Performance 25.98 % (Y-o-Y) Operating Expenditure 23.56 % (Y-o-Y) ( ₹ in Crore ) (Quarterly) (Nine Months) ( ₹ in Crore ) 1,600 4,500 4,223 1,428 1,396 1,399 1,397 1,400 4,000 1,179 3,418 1,154 3,500 1,200 1,134 1,105 1,040 2,894
Slide 16: Other Operating Expenses
Major Highlights Business Performance Financial Asset Quality Capital Performance Other Operating Expenses ( ₹ in Crore ) Quarter Ended Nine Months Ended Year Ended Particulars Dec`23 Sept`24 Dec`24 Y-o-Y (%) Dec`23 Dec`24 Y-o-Y (%) Mar`24 Rent, Taxes & Lighting 71 79 83 17 206 237 15 280 Printing &
Slide 17: Provisions & Contingencies
Major Highlights Business Performance Financial Asset Quality Capital Performance Provisions & Contingencies ( ₹ in Crore ) Quarter Ended Nine Months Ended Year Ended Particulars Dec`23 Sept`24 Dec`24 Dec`23 Dec`24 Mar`24 Prov for Non Performing Assets 581 598 593 1,717 1,778 2,174 Prov for Standard
Slide 18: Key Financial Ratios: Cost of Deposits, Funds, Cost to Income
Major Highlights Business Performance Financial Asset Quality Capital Performance Key Financial Ratios (Quarterly) Cost of Deposits (%) Cost of Funds (%) Cost to Income (%) 4.27 4.20 4.75 4.09 4.09 39.69 4.56 4.66 4.05 38.81 4.43 4.48 38.34 38.72 4.29 3.93 38.04 38.27 4.06 37.87 3.81 3.95 37.23 3.70
Slide 19: Key Financial Ratios: Yields
Major Highlights Business Performance Financial Asset Quality Capital Performance Key Financial Ratios (Quarterly) Yield on Advances (%) Yield on Funds (%) Yield on Investments (%) 7.99 6.99 9.21 9.27 7.81 7.87 6.86 6.87 9.14 7.75 7.76 8.93 9.01 8.96 7.56 6.57 6.58 6.34 6.37 6.36 8.62 7.24 8.49 7.05
Slide 20: Key Financial Ratios: ROA and ROE
Major Highlights Business Performance Financial Asset Quality Capital Performance Key Financial Ratios (Quarterly) Return on Assets (%) Return on Equity (%) 28.35 27.62 1.73 1.72 1.74 1.78 26.32 26.01 1.55 24.41 24.51 23.73 23.25 1.37 22.36 1.30 1.32 1.33 Dec`22 Mar`23 Jun`23 Sept`23 Dec`23 Mar`24 J
Slide 21: Assets & Liabilities – An Overview
Major Highlights Business Performance Financial Asset Quality Capital Performance Assets & Liabilities – An Overview ( ₹ in Crore ) Assets Dec`23 Mar`24 Sep`24 Dec`24 Cash & Balance with RBI 13,512 21,161 16,574 15,466 Balances with Bank & Call Money 5,224 9,150 22 20 Total Investments (Net of Depre
Slide 22: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Performance Financial Asset Quality Capital Performance ( ₹ in Crore ) Credit Portfolio – Balanced Loan Growth ( ₹ in Crore ) Growth RETAIL CREDIT Particulars Dec`23 Sept`24 Dec`24 (Y-o-Y) % Particulars Dec`23 Sept`24 Dec`24 Growth (Y-o-Y) % Gross Advances 1,88,670 2,17,504
Slide 23: Funded exposure to selected sectors and industries
Major Highlights Business Performance Financial Performance Asset Quality Capital Funded exposure to selected sectors & industries with total exposure (more than 1%) – Dec`24 Iron & Steel 1.33% Education 1.40% Top 3 selected sectors are Loans against gold jewellery Infrastructure, Agriculture & 1.43
Slide 24: External Rating-wise Advances – Above 25 Cr
Major Highlights Business Performance Financial Performance Asset Quality Capital External Rating-wise Advances – Above 25 Cr ( ₹ in Crore ) Dec`23 Sept`24 Dec`24 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
Slide 25: Asset Quality
Major Highlights Business Performance Financial Performance Asset Quality Capital Asset Quality ( ₹ in Crore ) Dec`23 Mar`24 Jun`24 Sept`24 Dec`24 Particulars Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Standard 1,84,812 97.96 1,
Slide 26: Gross & Net NPA, Provision Coverage, Credit Cost
Major Highlights Business Performance Financial Performance Asset Quality Capital Gross & Net NPA (%) Provisions Coverage Ratio (%) 2.47 2.28 2.19 98.28 98.37 98.40 98.40 98.34 98.36 98.31 98.28 2.04 1.88 1.85 1.84 1.80 90.44 90.20 90.30 90.05 89.88 89.84 89.77 89.74 0.25 0.24 0.23 0.22 0.20 0.20 0.
Slide 27: Movement of NPA and Sector-wise Credit & NPA
Major Highlights Business Performance Financial Performance Asset Quality Capital Movement of NPA ( ₹ in Crore ) Sector-wise Credit Deployment & NPA ( ₹ in Crore ) Last 5 Quarters Dec`23 Sept`24 Dec`24 Particulars Particulars Dec`23 Mar`24 Jun`24 Sept`24 Dec`24 Sector Sector Sector Sector Sector Sec
Slide 28: Retail and MSME Sector NPA
Major Highlights Business Performance Financial Performance Asset Quality Capital Retail Sector - NPA ( ₹ in Crore ) Dec`23 Sept`24 Dec`24 Particulars Retail Sector NPA % Sector Sector Sector Sector Sector Advances Sector NPA Advances Advances NPA % NPA NPA % NPA NPA % 0.72 0.68 Total Retail Credit
Slide 29: Capital Adequacy
Major Highlights Business Performance Financial Performance Asset Quality Capital Capital Adequacy (%) Particulars Dec`23 Sept`24 Dec`24 18.71 18.14 18.07 17.53 17.61 17.38 17.26 16.85 17.04 RWA for Credit Risk 1,11,491 1,35,729 1,42,125 14.36 14.70 14.25 13.47 13.72 13.72 13.40 RWA for Market Risk
Slide 30: Shareholding Pattern, Equity Holding & Ratios
Major Highlights Business Performance Financial Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Shareholding Pattern Particulars Dec`23 Mar`24 Jun`24 Sept`24 Dec`24 Mutual funds/ Domestic UTI; 1.13% Companies; 0.48% No. of Shares (in crore) 708.14 708.14 708.14 708.14 769.16 I
Slide 31: New Initiatives in Digital Banking
Products, Services & Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Awards New Initiatives in Digital Banking Video KYC Digital Sanctions WhatsApp Banking GST Credit Scheme • Video KYC is a streamlined process that •Need based Credit Scheme upto Rs. 25 lakhs for regular GST
Slide 32: New Initiatives in Information Technology
Products, Services & Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Awards New Initiatives in Information Technology To enhance Core Technology Infra • The bank has implemented NAC (Network Access Control) solution for enhancing the security posture and authenticating in Ba
Slide 33: Digital Footprints
Products, Services & Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Awards Digital Footprints Digital transaction (%) UPI/BHIM Users (Mio) Mobile Banking Users (Mio) 3.70 1.79 98.39 98.47 98.30 3.11 1.56 2.90 2.93 2.61 1.32 1.17 0.98 97.66 97.55 Dec`23 Mar`24 Jun`24 Sept`24
Slide 34: Financial Inclusion
Digital Banking Financial Expanding Footprints ESG Initiatives Products, Services & Inclusion Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 80.74 80.55 66.2 78.79 65.66 78.08 65.22 65.36 77.23 64.95 Dec`23 Mar`24 Jun`24 S
Slide 35: Expanding Footprints
Digital Banking Financial Inclusion Expanding ESG Initiatives Products, Services & Footprints Awards No. of Branches Category Dec`23 Mar`24 Jun`24 Sept`24 Dec`24 Metro 586 611 614 619 632 Urban 522 548 549 553 564 Semi Urban 684 720 725 727 746 Rural 609 610 611 609 609 Total Branches 2,401 2,489 2,
Slide 36: ESG Initiatives
Products, Services & Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Awards Maha Green Pehal Green Finance E-Waste Tree Plantation •Collection of Climate Risk related •Maha Super Green Housing Loan •Total E-waste collected up to •Total 11,521 trees have been planted data acr
Slide 37: Products, Services & Awards
Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products, Services & Awards 36 www.bankofmaharashtra.in /mahabank
Slide 38: Products, Services & Awards
Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products, Services & Awards Finnoviti Innovation Bank of Maharashtra, has IBEX Award for Best Use Award for Robotics been honored with the in Technology under Process Automation prestigious 'Best CFO in PSU category at IBEX und
Slide 39: Notes
Notes 38 www.bankofmaharashtra.in /mahabank
Slide 40: Notes
Notes 39 www.bankofmaharashtra.in /mahabank
Slide 41: www.bankofmaharashtra.in /mahabank
www.bankofmaharashtra.in /mahabank
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