Idbi Bank Limited · NSE:IDBI
Idbi Bank — Q3 FY2012-13 Earnings Presentation
27 slides from Idbi Bank's earnings presentation, December 2012
Slide 1: Presentation to Analysts December 2012
Presentation to Analysts December 2012
Slide 2: Genesis
Genesis 1964-1976 1994- 00 2003 - 06 2007- 10 Set up by an IDBI Act IDBI Repeal Act Complete Act of amended to passed in Networking Parliament in permit private December 2003 (100% Core 1964 as a ownership upto for conversion Banking) subsidiary of 49%. to a banking Organization the Central Domestic
Slide 3: Status as Leading DFI
Status as Leading DFI • Leading provider of long term finance o Played an apex role in helping create the industrial and infrastructural base in the country o Total Investments generated – ` 4000 billion (approx.) (over USD 80 bn) o Significant player in domestic debt syndication. • Played a pivotal
Slide 4: Distribution Network
Distribution Network • Reach • 1019 branches; 1597 ATMs • 1- Overseas, 268-Metro, 377-Urban, 253-Semi Urban & 120-Rural • Presence in 698 locations • Network of : o 72 Retail Asset Centres o 33 MSME Processing Centres o 22 Agri Processing Centres o 6 Regional Processing Units o 25 Central Clearing U
Slide 5: Highlights (Q3FY13 over Q3FY12)
Highlights (Q3FY 13 over Q3FY 12) (` in Crore) 170959 186623 1413 605 1552 417 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 10% 5% 33% 68% 88% 2% 155653 177123 1059 361 825 410 11.96 22.27 19.67 8.95 0.66 2.30 ROE NIM ROA 1.89 CASA 0.64 Dec 12 Dec 11 Dec 12 Dec 11 Dec 12 Dec 11 Dec 12 Dec 11 5
Slide 6: Balance Sheet
Balance Sheet (` in Crore) As at 31-Dec-12 31-Dec-11 LIABILITIES Capital 1278 985 Reserve & Surplus 19398 14812 [Net Worth] 18872 13903 Deposits 186623 177123 Borrowings 57503 54115 Other Liabilities & provisions 8397 8290 Total 273199 255325 ASSETS Cash & balance with RBI 13181 15899 Bal. with bank
Slide 7: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended Nine Months Ended Particulars Dec-12 Dec-11 Dec-12 Dec-11 Interest Income 6200 5849 18667 17290 Interest Expenses 4787 4790 14734 13957 Net Interest Income 1413 1059 3933 3334 Other Income 870 433 2073 1326 Total income 2283 1492 6006 4660 Operating Expenses
Slide 8: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended Nine Months Ended FY Ended Particulars Dec-12 Dec-11 Dec-12 Dec-11 Mar-12 Commission, Excg & Brkg 548 321 1433 954 1531 Profit on sale of investments 199 40 234 161 188 Profit/(Loss) on revaluation of investment 9 8 52 -61 -39 Profit on sale of Fixe
Slide 9: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended Nine Months Ended Particulars Dec-12 Dec-11 Dec-12 Dec-11 Staff Cost 333 294 1036 804 Rent, taxes & lighting 67 58 192 150 Printing & stationery 9 12 30 30 Advertisement & Publicity 4 0 8 22 Depreciation 29 27 83 86 Postage, Telegram, Teleph.,
Slide 10: Key Ratios
Key Ratios Quarter Ended Nine Months Ended F.Y. Ended Particulars Dec-12 Dec-11 Dec-12 Dec-11 Mar-12 Net Interest Margin (%) 2.30% 1.89% 2.09% 2.00% 2.02% Return on Assets (%) 0.64% 0.66% 0.67% 0.68% 0.81% Return on Equity (%) 8.95% 11.96% 9.91% 12.66% 15.08% Cost of all liabilities (%) 7.32% 7.71%
Slide 11: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) De c-12 De c-11 T ot al Business [Dep. + Adv.] 357582 332776 SB Deposit s t o T ot al Deposit s 10.96% 9.57% Current Account Deposit s t o T ot al Deposit s 11.32% 10.10% T ime Deposit s t o T ot al Deposit s 77.73% 80.33% Book Value - Rs. 147.62 141.20 T ot al Off
Slide 12: NPAs
NPAs (` in Crore) Particulars Dec-12 Dec-11 Gross Advances 174624 157799 Gross NPAs 6401 4640 Gross NPAs as % of Gross Advances 3.67% 2.94 Total Provisions held * 3099 1582 Net Advances 170959 156217 Net NPAs 3302 3058 Net NPAs as % of Net Advances 1.93% 1.96 Provision Coverage Ratio % 50.17% 34.10
Slide 13: Summary of NPAs as on December 31, 2012
Summary of NPAs as on December 31, 2012 (` in Crore) For the Quarter Gross NPA NPA Provision & Net NPA NPV Loss As on 01.10.2012 5848 2453 3395 Additions (First Time NPA) 714 765 -51 Less: (i) Upgradations 97 56 42 (ii) Recoveries 63 63 0 (iii) Write off 0 0 0 As on 31.12.2012 6401 3099 3302 13
Slide 14: Classification of NPAs as on December 31, 2012
Classification of NPAs as on December 31, 2012 (` in Crore) Gross NPA Provision NPV Loss Net NPA % of Provision to Gross NPA Sub Standard Assets 2158 381 14 1763 17.65 Doubtful Assets 4025 2356 130 1539 58.53 Loss Assets 219 219 0 0 100.00 Total* 6401 2956 144 3302 46.17 * Excluding Countercyclical
Slide 15: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore) Particulars Quarter ended Nine months ended Year ended Dec-12 Dec-11 Dec-12 Dec-11 Mar-12 Depreciation on investment 6 -85 67 -83 -60 Provision for NPAs 646 135 1315 587 646 Provision towards standard assets * 132 0 132 145 232 Provision for Restru
Slide 16: Advances
Advances (` in Crore) Vertical 31-Dec-12 31-Dec-11 Nature Dec-12 Dec-11 ICG 38484 28407 Bills 4502 3011 CBG * 85302 79103 CC, OD,WCDL ETC 43373 36321 AGRI * 10419 11940 Term Loans- Other 123084 116321 Total 170959 155653 PBG * 31319 27317 Top 20 Borrowers 31505 SM E * 4656 8946 RECOVERY 779 504 Tota
Slide 17: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 18311 13049 31360 23649 18885 42534 IRON AND STEEL 11878 4970 16848 16134 7637 23771 OIL & GAS/PETROLEUM PRODUCTS 8445 7643 16089 10534 12540 23073 ROADS & BRIDGES / PORTS 7144 6290 13433 9570 8791 18361 NBFC 11257
Slide 18: Summary of Restructured Advances as on December 31, 2012
Summary of Restructured Advances as on December 31, 2012 (` in Crore) Particulars PA NPA Total Gross 13203 2622 15825 Less: FITL Provision 662 31 692 Total 12542 2591 15133 18
Slide 19: Restructuring
Restructuring (` in Crore) Industry Outstanding FITL Prov. Net Outstanding AGRO INDUST RIES 346 14 332 AIR T RANSPORT 1 410 73 1 337 AQUACULT URE 81 0 81 ART S & CULT URE 54 0 54 CEMENT 108 4 104 CERAMIC INDUST RY 50 0 50 CHEMICAL AND FERT ILIZERS 100 0 100 DAIRY FARM AND POULT RY 2 0 2 EDUCAT ION 6
Slide 20: Restructuring
Restructuring (` in Crore) In du stry O u tstan di n g FITL Prov. Ne t O u tstan di n g INFRAST RUCT URE 1 277 38 1 239 IT 229 3 226 MET AL INDUST RY 1 908 106 1 802 MINING AND QUARRYING 29 1 28 MISC. INDUST RY 26 1 25 MOT OR VEHICLES 30 0 30 OIL EXP LORAT ION 99 0 99 OT HER SERVICES 46 1 45 P AINT
Slide 21: PA to NPA out of Restructured Advances
PA to NPA out of Restructured Advances as on December 31, 2012 (` in Crore) Industry Outstanding FITL Prov. Net Outstanding AGRO INDUSTRIES 112 11 101 AIR TRANSPORT 833 0 833 AQUACULTURE 6 0 6 ARTS & CULTURE 54 0 54 CEMENT 5 0 5 CHEMICAL AND FERTILIZERS 3 0 3 EDUCATION 28 0 28 ELECTRICITY 141 0 141
Slide 22: PA to NPA out of Restructured Advances
PA to NPA out of Restructured Advances as on December 31, 2012 (` in Crore) Industry Outstanding FITL Prov. Net Outstanding INFRASTRUCTURE 72 0 72 METAL INDUSTRY 333 3 329 MINING AND QUARRYING 11 0 11 MISC. INDUSTRY 3 0 3 MOTOR VEHICLES 21 0 21 OTHER SERVICES 20 0 20 PAPER 1 0 1 PHARMACEUTICALS 3 0
Slide 23: Investments
Investments (` in Crore) Category HTM AFS HFT Total Government securities 44398 5885 873 51156 SASF Securities 5241 0 0 5241 Shares (Equity) 0 2552 24 2575 Shares (Preference) 0 925 0 925 Debentures/ Bonds 10 3053 5 3068 Subsidiaries / Joint Ventures 619 0 0 619 Security Receipts 0 72 0 72 Others (C
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding IDBI CAPITAL MARKET SERVICES LIMITED 100.00 IDBI INTECH LIMITED 100.00 IDBI MF TRUSTEE COMPANY LTD. 100.00 IDBI ASSET MANAGEMENT LTD. 66.67 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48.00
Slide 25: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding STOCK HOLDING CORPORATION OF INDIA LIMITED 18.95 CREDIT ANALYSIS AND RESEARCH LIMITED 17.19 OTC EXCHANGE OF INDIA LIMITED 17.00 UNIVERSAL COMMODITY EXCHANGE LTD. 10.00 CORDEX INDIA PVT. LTD. 7.14 STCI FINANCE LIMITED (SECURITIES T
Slide 26: Liabilities
Liabilities (` in Crore) Borrowings Dec-12 Dec-11 Deposits Dec-12 Dec-11 Tier I * 2559 3839 Current 21124 17881 Upper Tier II 4286 4286 Savings 20445 16958 Lower Tier II # 10296 8033 Term 145054 142284 Flexi Bonds 260 474 Total 186623 177123 Omni Bonds 12108 14125 Refinance/Borrowings 12826 13245 SL
Slide 27: Thank You
@ IDBI BANK Thank You