Indian Overseas Bank · NSE:IOB
Indian Overseas Bank — H1 2021-22 Earnings Presentation
40 slides from Indian Overseas Bank's earnings presentation, Oct 28, 2021
Slide 1: Indian Overseas Bank Performance Analysis Q2/H1 2021-22
इण्डियन ओवरसीज़ बैंक Indian Overseas Bank PERFORMANCE ANALYSIS Q2/H1 2021-22 27.10.2021
Slide 2: Index
INDEX PERFORMANCE HIGHLIGHTS FINANCIAL PERFORMANCE BUSINESS PERFORMANCE NPA MANAGEMENT CAPITAL ADEQUACY FINANCIAL INCLUSION DIGITAL INITIATIVES Performance Analysis Q2/H1 2021-22
Slide 3: Performance Highlights
PERFORMANCE HIGHLIGHTS Performance Analysis Q2/H1 2021-22
Slide 4: Performance Highlights Q2 2021-22
PERFORMANCE HIGHLIGHTS Q2 2021-22 Rs in Crore Sep-20 Jun-21 Sep-21 Y-o-Y(%) Q-o-Q (%) BUSINESS GROWTH ROBUST RETAIL CASA 92436 101129 106806 15.55 5.61 CASA % 40.26% 41.63% 42.57% 231 bps 94 bps RTD 123338 128818 130151 5.52 1.03 HOME LOAN 15981 17854 18665 16.79 4.54 JEWEL LOAN 21869 28899 29482 34
Slide 5: Performance Highlights Q2 2021-22 - Asset Quality
PERFORMANCE HIGHLIGHTS Q2 2021-22 Rs in Crore Sep-20 Jun-21 Sep-21 Y-o-Y(%) Q-o-Q (%) ASSET QUALITY IMPROVING Gross NPA 17660 15952 15666 -11.29 -1.80 Net NPA 5290 3998 3741 -29.28 -6.42 GNPA% 13.04% 11.48% 10.66% (238 bps) (82 bps) NNPA% 4.30% 3.15% 2.77% (153 bps) (38 bps) Sep-20 Jun-21 Sep-21 Y-o
Slide 6: Financial Performance
FINANCIAL PERFORMANCE Performance Analysis Q2/H1 2021-22
Slide 7: Financials - At a Glance
FINANCIALS- AT A GLANCE Rs. in Crore Quarter Ended Half Year Ended Growth% Q2 21-22 Q2 21-22 H1 FY21-22 Particulars Q2 20-21 Q1 21-22 Q2 21-22 H1 FY20-21 H1 FY21-22 over over over Q1 21-22 Q2 20-21 H1 FY20-21 Interest Income 4363 4063 4254 8664 8318 4.71 -2.48 -4.00 Interest Expenses 2801 2567 2622
Slide 8: Total Income
TOTAL INCOME Rs. in Crore Quarter Ended Half Year Ended Growth% Q2 21-22 Q2 21-22 H1 FY21-22 Particulars Q2 20-21 Q1 21-22 Q2 21-22 H1 FY20-21 H1 FY21-22 over over over Q1 21-22 Q2 20-21 H1 FY20-21 Interest on Loans 2847 2614 2617 5629 5230 0.13 -8.09 -7.08 Interest on Investment 1437 1403 1401 2859
Slide 9: Total Expenses
TOTAL EXPENSES Rs. in Crore Quarter Ended Half Year Ended Growth% Particulars Q2 21-22 Q2 21-22 H1 FY21-22 Q2 20-21 Q1 21-22 Q2 21-22 H1 FY20-21 H1 FY21-22 over over over Q1 21-22 Q2 20-21 H1 FY20-21 Interest on Deposits 2696 2520 2568 5471 5088 1.91 -4.73 -7.00 Interest on Borrowings 106 47 54 220
Slide 10: Provisions & Profit
PROVISIONS & PROFIT Rs. in Crore Quarter Ended Half Year Ended Growth% Q2 21-22 Q2 21-22 H1 FY21-22 Particulars Q2 20-21 Q1 21-22 Q2 21-22 H1 FY20-21 H1 FY21-22 over over over Q1 21-22 Q2 20-21 H1 FY20-21 Operating Profit 1346 1202 1419 2440 2621 18.10 5.43 7.41 Provisions 1198 875 1043 2172 1918 19
Slide 11: Performance Ratios - Quarterly
PERFORMANCE RATIOS- QUARTERLY Cost of Deposits Cost of Funds 4.86 4.80 4.65 4.59 4.45 4.46 4.26 4.26 4.27 4.26 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Yield on Investment Yield on Advances 6.66 6.39 6.26 8.65 8.10 5.96 5.82 7.57 7.36 7.04 Sep-20 Dec-20 Mar-21 Jun-21 Sep
Slide 12: Performance Ratios - Quarterly
PERFORMANCE RATIOS- QUARTERLY Yield on Funds Net Interest Margin 2.57 7.20 2.51 2.45 6.83 2.34 6.54 2.22 6.43 6.36 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Return on Assets Cost to Income 53.57 0.53 0.50 0.46 48.80 49.58 48.46 0.31 43.50 0.18 0.20 Jun-20 Sep-20 Dec-20 Ma
Slide 13: Valuations
VALUATIONS Particulars Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 *Return on Equity (%) 9.80 13.62 21.33 14.57 13.22 *Basic & Diluted Earning per Share 0.09 0.13 0.21 0.19 0.20 *Price Earning Ratio 102.08 82.62 75.19 147.90 114.25 Book value per share (in Rs) 3.73 3.87 4.11 4.11 6.13 Price/Book value (in Rs
Slide 14: Business Performance
BUSINESS PERFORMANCE Performance Analysis Q2/H1 2021-22
Slide 15: Business Performance - Global
BUSINESS PERFORMANCE- GLOBAL Rs. in Crore Particulars Sep-20 Jun-21 Sep-21 Q-o-Q(%) Y-o-Y(%) CASA 92436 101129 106806 5.61% 15.55% a)Retail Term Deposits 123338 128818 130151 1.03% 5.52% b)Bulk Deposits 10523 9976 10903 9.29% 3.61% c)Overseas Term Deposits 3310 3017 3031 0.45% -8.43% Term Deposits (
Slide 16: Deposits Composition
DEPOSITS COMPOSITION Rs. in Crore Q-o-Q variation Y-oY variation Parameters Sept-20 Jun-21 Sep-21 Amount % Amount % Domestic-Deposits Savings Bank 78758 86597 87866 1269 1.47% 9108 11.56% Current Account 12628 13356 17578 4222 31.61% 4950 39.20% CASA 91386 99953 105444 5491 5.49% 14058 15.38% Term D
Slide 17: Risk Spread - Assets
RISK SPREAD- ASSETS Rs. in Crore Domestic Share of Advances SEPT-20 SEPT-21 Corporate Retail , Corporat e/others, Retail , /others, 24.91% 28.18% 25.52% 30.96% Agri, MSME, 23.55% MSME, Agri, 20.58% 19.50% 26.80% Q-o-Q variation Y-oY variation Parameters Sep-20 Jun-21 Sep-21 Amount % Amount % Retail
Slide 18: Retail Performance
Rs. in Crore RETAIL PERFORMANCE Education 13% Vehicle % Share to Domestic Retail Home 10% Period Domestic 54% Advances Advances Clean Advances 2% Sep-20 127551 31775 24.91% Jun-21 129053 33577 26.02% Others Sep-21 136507 34833 25.52% 21% RETAIL BREAK UP: Sept-21 Share of Retail Advances to Domestic
Slide 19: Agriculture Advance Performance
AGRICULTURE ADVANCE PERFORMANCE Rs. in Crore 40000 27.64% 28.00% 26.80% 35000 27.00% 30000 26.00% 25000 23.55% 25.00% 20000 24.00% 15000 10000 23.00% 5000 22.00% 30036 35673 36589 0 21.00% Sep-20 Jun-21 Sep-21 Agri Advances % Share to Domestic Advances Agri % Share to Domestic Agri Advance Agricultu
Slide 20: Agri Advances - Priority Sector
AGRI ADVANCES – PRIORITY SECTOR Rs. in Crore 40000 28.00% 25.34% 35000 26.00% 22.64% 24.00% 30000 21.14% 19.53% 20.28% 22.00% 25000 20.00% 20000 18.00% 15000 16.00% 10000 14.00% 5000 31045 30047 32334 35660 36371 12.00% 0 10.00% 2018-19 2019-20 2020-21 Jun-21 Sep-21 (Avg of 4 Qtrs) (Avg of 4 Qtrs) (
Slide 21: MSME
MSME Rs in Crore % Share to MSME Advances share to Domestic Domestic MSME Advances Period Domestic Advances Advances 20.58% Advances 27000 19.79% 19.50% 21.00% 26500 20.00% Sep-20 127551 26245 20.58% 26000 19.00% Jun-21 129053 25545 19.79% 25500 18.00% Sep-21 136507 26621 19.50% 25000 17.00% 24500 1
Slide 22: Investments
INVESTMENTS Rs. in Crore Global Investments 98412 96480 94960 95306 86684 Sept-20 Dec-20 Mar-21 Jun-21 Sep-21 Parameters Sept-20 Dec-20 Mar-21 Jun-21 Sep-21 Domestic Investments 91497 83001 94686 92580 91211 SLR 63932 55562 63421 61669 60288 Non SLR 27565 27439 31265 30911 30923 Held t o Mat urit y
Slide 23: NPA Management
NPA MANAGEMENT Performance Analysis Q2/H1 2021-22
Slide 24: NPA Management
NPA MANAGEMENT Rs. in Crore Details Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 i) Opening Gross NPAs 18291 17660 16753 16323 15952 a. Cash Recov eries 325 248 490 412 325 b. Upgradation 87 157 166 356 282 c. Write-Offs 58 252 2524 793 1155 d. Sale to ARCs 0 255 168 23 28 e. Other Reductions 34 21 0 31 8 ii)
Slide 25: Segmental NPAs
SEGMENTAL NPAS Rs. in Crore Sept-20 Jun-21 Sep-21 Segmental NPAs NPA Ratio % NPA Ratio % NPA Ratio % Retail 748 2.35 1515 4.51 1495 4.29 Agri 2368 7.88 2630 7.37 2577 7.04 MSME 2556 9.74 3519 13.78 3283 12.33 Corporate 10637 26.93 6715 19.60 6480 16.85 Overseas 1351 17.06 1573 15.90 1831 17.55 Total
Slide 26: Movement of NPA & PCR
MOVEMENT OF NPA & PCR GNPA NNPA 13.04% 4.30% 12.19% 3.58% 11.69% 11.48% 3.13% 3.15% 10.66% 2.77% Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 GNPA NNPA 91.91% 91.56% 92.00% 89.36% 90.34% 76.69% 76.00% 74.94% 71.07% 71.96% Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 PCR (including tec
Slide 27: Capital Adequacy
CAPITAL ADEQUACY Performance Analysis Q2/H1 2021-22
Slide 28: Capital Conservation
CAPITAL CONSERVATION Rs. in Crore Particulars Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Market Risk RWA 15467 12072 13884 12325 11687 Operational Risk RWA 13217 10477 10477 13402 13402 Credit Risk RWA 82831 83594 87644 87376 87827 Total RWA (A) 111515 106143 112005 113104 112917 CET 1 9325 9361 14462 14662
Slide 29: Movement of CRAR & RWAs
MOVEMENT OF CRAR & RWAS CRAR 15.32% 15.48% 15.41% 11.49% 10.90% Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Total RWA to Advance Ratio Credit RWA to Advance Ratio 62.78% 62.89% 82.32% 61.14% 81.40% 60.81% 80.23% 59.77% 77.21% 76.83% Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Perfor
Slide 30: Financial Inclusion
FINANCIAL INCLUSION Performance Analysis Q2/H1 2021-22
Slide 31: Financial Inclusion
FINANCIAL INCLUSION PMJDY Account PMJDY Account Balance (Nos in Lakhs) (Rs in Cr) 1756 1746 53.06 1735 52.77 52.82 52.00 1612 Sep-20 Mar-21 Jun-21 Sep-21 Sep-20 Mar-21 Jun-21 Sep-21 PMJDY Zero balance Accounts Jan Suraksha Schemes (Nos in Lakhs ) (Nos in Lakhs) 5.33 33.49 33.64 34.14 5.29 26.75 5.28
Slide 32: Digital Initiatives
DIGITAL INITIATIVES Performance Analysis Q2/H1 2021-22 Page 32
Slide 33: Digital Outreach
DIGITAL OUTREACH No of Users As on 30.09.2021 Mobile Banking Registered users (In Lakhs) 43.51 Customer Internet Banking Registered users (In Lakhs) 21.64 Touch Points UPI Registered Users (In Lakhs) 46.17 ATMs/CDMs (No of outlet) 3224 Pass Book Kiosk (No of outlet) 2109 Bank on Wheels 15 ADC CHANNE
Slide 34: Awards & Accolades
AWARDS & ACCOLADES Our MD & CEO Shri Partha Pratim Sengupta receiving Facilitation of Shri Rupinder Pal Singh for winning Olympic Rajbhasha Kirti Puraskar from Honorable Minister of State Bronze medal in Hockey held at Tokyo 2020 for Home Affairs, Govt. of India, Shri Nisith Pramanik for the Year 20
Slide 35: Customer Touch Points
CUSTOMER TOUCH POINTS Domestic Presence Sep-21 Mar-21 Sep-21 Branches 3221 3217 3216 ATM 3114 3145 3224 BC 2669 2739 2739 SEPT-21 BRANCHES SEPT-21 ATM Rural, 743, Metro, 742, Rural, 903, Metro, 700, 23% 23% 28% 22% Urban, 726, Urban, 653, Semi Urban, Semi 23% 20% 1013, 31% Urban, 960, 30% Performanc
Slide 36: Global Footprints
GLOBAL FOOTPRINTS Overseas Singapore Hong Kong Colombo Bangkok Branches JV Malaysia Subsidiary Remittance Singapore- Serengoon Road Centre STRATEGIC INVESTMENTS–JOINT VENTURE Indian Overseas Bank (35%) has a Joint Venture Bank in Malaysia with Bank of Baroda(40%) and Union Bank of India (25%), nam
Slide 37: Share Holding Pattern Sept-2021
SHARE HOLDING PATTERN SEPT-2021 Category of Shareholder %share Government of India 96.38% FI/Banks 1.25% Foreign Portfolio Investor (Corporate) 0.08% Government of Mutual Funds 0.03% India, 96.38% Insurance Companies 0.02% Individual 1.57% ESOP/ESOS/ESPS 0.37% Bodies Corporate 0.16% Institution, 1.3
Slide 38: Strategic Investments - Joint Venture
STRATEGIC INVESTMENTS – JOINT VENTURE IOB entered into Non Life Insurance Business with Universal Sompo General Insurance (USGI) Company Limited with equity participation of 18% along with the other Banks and Institutions SHAREHOLDING % Shareholding Name of Entity Investment 12.81% % 18.06% 6.00% In
Slide 39: Disclaimer
DISCLAIMER Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “fut
Slide 40: Thank You
Thank You visit us @ https://www.iob.in Performance Analysis Q2/H1 2021-22
Indian Overseas Bank — H1 2021-22 Earnings Presentation on 6ix