Idbi Bank Limited · NSE:IDBI
Idbi Bank — Q2 FY2022 Earnings Presentation
42 slides from Idbi Bank's earnings presentation, Oct 21, 2021
Slide 1: Investors Presentation: Financial Results Q2 FY 2021-22
INVESTORS PRESENTATION FINANCIAL RESULTS Q2 - FY 2021-22 October 21, 2021 Page 1
Slide 2: Disclaimer
Disclaimer The information in this presentation is being provided by IDBI Bank Limited (referred to as ‘the Bank’). The information contained in this presentation is confidential and may not be copied, published, distributed, transmitted or advertised in any media, website or otherwise. By attending
Slide 3: Content
Content 1 Highlights 2 Financial Performance 3 Business Performance 4 Treasury Operations 5 Asset Quality 6 Capital 7 Digital Banking and Financial Inclusion 8 Subsidiaries 9 Way Forward Page 3
Slide 4: Highlights
Highlights [@)IDBI BANK] ave
Slide 5: Major Highlights for Q2 FY 2022 – Continued Balance Sheet Strengthening
Major Highlights for Q2 FY 2022 – Continued Balance Sheet Strengthening Bank won the “Trusted Brand Award, 2021” in the Private Banks category by Reader’s Digest PAT - Rs.567 crore Operating Profit NII - Rs.1854 crore NIM - 3.02% Bank received the “2020 BNY Mellon Straight PBT - Rs.775 crore Rs.1209
Slide 6: Key Metrics for Q2 FY 2022
Key Metrics for Q2 FY 2022 Profitability - Strong operating momentum PAT at Rs.567 crore, up by 75% YoY PBT at Rs.775 crore, up by 16% YoY Operating Profit at Rs.1209 crore, up by 15% YoY NII at Rs.1854 crore, grew by 9% YoY NIM for Q2 FY 22 at 3.02%, improved by 32 bps YoY Cost to Net I
Slide 7: Key Metrics for Q2 FY 2022 (contd.)
Key Metrics for Q2 FY 2022 (contd.) Asset Quality - Improving Trend Net NPA at 1.62%, improved by 105 bps YoY GNPA at 20.92%, improved by 416 bps YoY and 56 bps QoQ PCR stood at 97.27%, improved by 131 bps YoY Capital - Adequately Capitalised Tier 1 Capital at 14.00%, up by 294 bps YoY and 3
Slide 8: Financial Performance
Financial Performance Page 8
Slide 9: Profitability
Profitability (Rs.Crore) 159 61 45 (35) (91) (134) 567 324 75% +9% -4% -12% +8% +12% -39% PAT Q2 FY21 Net Interest Income Other Income Employee Cost Other Op. Cost Prov. & Contg. Tax PAT Q2 FY22 (Excl. Tax) 893 744 435 64 (5) (176) 1170 150% 469 +26% +24% -11% +5% +62% -1% PAT H1 FY21 Net Interest I
Slide 10: Profit & Loss
Profit & Loss (Rs.Crore) Quarter ended Variance Half Year Ended Particulars Variance % FY 21 Sep-20 Jun-21 Sep-21 YoY% QoQ% Sep-20 Sep-21 Interest Income 4688 4916 4154 (11) (15) 9585 9071 (5) 19938 Interest Expenses 2994 2410 2301 (23) (5) 6118 4711 (23) 11414 Net Interest Income 1694 2506 1854 9 (
Slide 11: Interest Income & Interest Expense
Interest Income & Interest Expense (Rs.Crore) Quarter ended Variance Half Year Ended ` Variance% FY21 Sep-20 Jun-21 Sep-21 YoY% QoQ% Sep 20 Sep 21 Interest Income Interest on Advances 2945 3453 2736 (7) (21) 6006 6188 3 11874 Interest on Invest. including bal. with RBI & Other Inter Bank 1476 1294 1
Slide 12: Provisions & Contingencies
Provisions & Contingencies (Rs.Crore) Quarter ended Variance Half Year Ended Variance Particulars FY21 Sep-20 Jun-21 Sep-21 YoY QoQ Sep-20 Sep-21 Depreciation on Investment 70 874 (62) (133) (937) 1120 812 (308) 2022 Provision – NPAs (165) 199 (1426) (1262) (1626) (1499) (1227) 272 (2571) Provision
Slide 13: Yield Ratios (cumulative)
Yield Ratios (cumulative) Yield on Advances NIM 10.74% 4.06% 3.38% 3.54% 9.55% 2.75% 9.61% 9.41% Sep 20 FY 21 Jun 21 Sep 21 Sep 20 FY 21 Jun 21 Sep 21 Cost To Net Income 56.30% 43.29% 48.26% 35.04% Sep 20 FY 21 Jun 21 Sep 21 Page 13
Slide 14: Cost of Funds & Cost of Deposits (cumulative)
Cost of Funds & Cost of Deposits (cumulative) Cost of Deposits 4.53% 4.29% 3.72% 3.66% Sep 20 FY 21 Jun 21 Sep 21 Cost of Funds 4.84% 4.56% 3.98% 3.93% Sep 20 FY 21 Jun 21 Sep 21 Page 14
Slide 15: Business Performance
Business Performance Page 15
Slide 16: Balance Sheet
Balance Sheet (Rs.Crore) As at Sep-20 Mar-21 Sep-21 LIABILITIES Capital 10381 10752 10752 Reserve & Surplus 24117 26059 27230 Deposits 223915 230898 223323 Borrowings 36422 15908 15386 Other Liabilities & Provisions 10604 14147 14003 Total 305439 297764 290694 ASSETS Cash & Balance with RBI 9205 130
Slide 17: Business Performance
Business Performance Total Deposit CASA 0.26% YoY CASA Deposits 54.64% CASA Share 223915 0.42 % QoQ 52.44% 223323 48.33% 122012 222381 116609 108217 Sep 20 Jun 21 Sep 21 Sep 20 Jun 21 Sep 21 Deposit Mix Deposit Mix 51.67% 47.56% 45.36% 19450 14651 53% YoY Time Deposits to Total Deposits % 25% QoQ 31
Slide 18: Business Performance
Business Performance Saving Deposits Retail Deposits 16% YoY 3% YoY 2% QoQ 0.39% QoQ 79236 86659 77751 86322 68341 84519 Sep 20 Jun 21 Sep 21 Sep 20 Jun 21 Sep 21 Current Deposits Bulk Deposits 7% YoY 53% YoY 10% QoQ 25% QoQ 42777 31179 19450 39876 14651 38857 Sep 20 Jun 21 Sep 21 Sep 20 Jun 21 Sep
Slide 19: Business Performance and Advances
Business Performance and Advances Gross Advances Structured Retail Assets Retail Advances Agri Advances MSME Advances Corporate Housing Loan Loan Against Property Auto Loan Education Loan Personal Loan 603 521 514 1086 975 997 38% 37% 1870 1778 1775 42% 12825 12313 12343 8% 12% 8% 59351 59309 60093
Slide 20: Priority Sector
Priority Sector (Rs.Crore) Sep 20 Mar 21 Sep 21 Growth over Particulars Amount % of ANBC Amount % of ANBC Amount % of ANBC March-21 1 2 3 4 5 6 7 (8)=[(6)-(4)] ANBC 171043 169317 155281 Priority Sector Advances (a+b+c) 71408 41.75 69334 40.95 73835 47.55 4500 (a) Agriculture (i+ii+iii+iv) 31805 18.5
Slide 21: Treasury Operations
Treasury Operations [@)IDBI BANK] Pave 21
Slide 22: Investments
Investments (Rs.Crore) AFS BREAKUP Category Sep-20 Jun-21 Sep-21 4478 HTM 58164 55623 55661 2533 AFS 29123 21262 22853 747 HFT 419 1858 380 Total 87706 78743 78894 15095 Government securities Shares (Equity& Preference) Debentures/ Bonds Modified Duration of AFS Portfolio CPs/CDs/MF/VCF/PTC'S,Securi
Slide 23: Asset Quality
Asset Quality | @)IDBI BANK] Pese2s
Slide 24: COVID-19 – Provision Details
COVID -19 – Provision Details (Rs.Crore) Particulars Sep-21 In QE March 2020 247 In QE June 2020 116 COVID Second Wave (Additional provision in QE March 2021) 500 COVID Restructuring in QE June 2021/ Sep 2021 484 Total COVID 19 Provision held 1347 Page 24
Slide 25: Asset Quality
Asset Quality PCR improved to 97.27% (Sep 2021) from 95.96% (Sep 2020) (Rs.Crore) Particulars Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Gross Advances 163841 159663 161901 165698 164506 Gross NPAs 41091 37559 36212 35594 34408 Gross NPAs as % of Gross Advances 25.08 23.52 22.37 21.48 20.92 Total Provisions
Slide 26: NPA Movement
NPA Movement (Rs.Crore) DESCRIPTION Q2 FY 21 Q3 FY 21 Q4 FY 21 FY 21 Q1 FY 22 Q2 FY 22 Opening Balance 44475 41091 37559 47272 36212 35594 Add: a. First Time NPA 32 - #2281 2382 1332 1438 b. Increase in existing NPA 79 35 74 250 245 103 Less: c. Settled 1261 736 1233 4518 587 1436 d. Up-gradation 28
Slide 27: NCLT – Summary
NCLT – Summary (Rs.Crore) NCLT Admitted PCR % DA 3 and Loss DA 2, DA 1 & SSA TWO 44851 100% 100% 100% 100% 29043 27,308 780 9,438 8,105 15028 RBI List 1 RBI List 2 Others Total RBI List 1 RBI List 2 Others Total Asset Class of NCLT Cases Filed But Not Admitted PCR% Filed By 14311 14311 100% 12474 71
Slide 28: SMA Position
SMA Position (Rs.Crore) SMA 0 SMA 1 SMA 2 8441 6742 7007 6385 5326 5024 3715 3191 2466 2700 2298 2367 2319 1940 1759 1535 1621 922 946 493 Feb-20 Sep-20 Mar-21 Jun-21 Sep-21 Corporate Retail 5735 5413 5146 5928 4141 2706 1329 1239 1079 883 Feb-20 Sep-20 Mar-21 Jun-21 Sep-21 SMA includes NFB of Rs.93
Slide 29: Capital
Capital | @) IDBI BANK |
Slide 30: Capital Adequacy
Capital Adequacy (Rs.Crore) Particulars Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 CET 1+CCB (Rs.) 17403 19444 @ 20572 21044 21295 AT 1 (Rs.) - - - - - Tier 1 Capital (Rs.) 17403 19444 20572 21044 21295 Tier 2 Capital (Rs.) 4106 4051 3981 4004 3932 Total Capital (Rs.) 21509 23495 24553 25048 25227 RWA (Rs.)
Slide 31: Shareholding Pattern
Shareholding Pattern (Rs.Crore) Sep 2020 Sep 2021 0.14% 1.75% 0.74% 4.54% 47.11% 45.48% 51.00% 49.24% LIC GOI FI/FPI/Banks/MF/Insurance Others LIC GOI FI/FPI/Banks/MF/Insurance Others Particulars Sep-20 Sep-21 Book Value (Rs. per share) Rs.27.08 Rs.29.58 Market Capitalisation Rs.36,073 Cr Rs.49,784
Slide 32: Digital Banking & Financial Inclusion
Digital Banking & Financial Inclusion Page 32
Slide 33: Digital Footprint
Digital Footprint Customer Induced Financial Transaction Analysis HY September-2020 HY September-2021 UPI ATM Cash withdrawl 1.84% 0.75% Branch Manual Transactions 1.56% 2.87% Debit Card 1.95% 4.42% 3.75% Branch Initiated Digital Transactions 5.04% 4.16% Internet Banking 6.77% 5.82% NACH 91% custome
Slide 34: Digital Footprint for Q2 FY 2022
Digital Footprint for Q2 FY 2022 Internet Banking Users (In Lakhs) BHIM UPI Users (In Lakhs) Mobile Banking Users (In Lakhs) 125.49 45.77 37.14 34.99 115.81 32.55 Sep-20 Sep-21 Sep-20 Sep-21 Sep-20 Sep-21 Debit Cards (In lakhs) Merchant Base (In lakhs) Payment Acceptance Channels 2% 11% 1% 131.00 2.
Slide 35: Digital Footprint
Digital Footprint Bank has enabled UPI sub-membership to Co-operative banks Bank has implemented RTGS facility and online premature withdrawal of fixed deposits in retail I-net banking. International acceptance (Singapore) for RuPay cards has been made live. As enhanced security measure, Bank has im
Slide 36: Financial Inclusion
Financial Inclusion PMJDY ACCOUNTS Total PMJDY A/c (lakh) Aadhar Seeding under PMJDY 6.58 8.51 (Lakhs) 8.49 RuPaycards issued (Lakhs) 7.07 8.48 8.46 Sub Service Areas (Number) 490 8.45 Villages Covered (Number) 484 Sep, 2020 Dec, 2020 Mar, 2021 Jun, 2021 Sep, 2021 Transactions through Individual Bus
Slide 37: Financial Inclusion
Financial Inclusion MUDRA Yojana as on Sep 30, 2021 Sanction Outstanding (Rs.crore) 2108 1625 1470 888 159 75 Shishu (No. of A/c - 71918) Kishor (No. of A/c - 70716) Tarun (No. of A/c - 34561) Enrolment under Social security Scheme as on Sep 30, 2021 APY Subscription (in lakh) PMSBY Enrolments (in l
Slide 38: Subsidiaries
Subsidiaries | @) IDBI BANK |
Slide 39: Subsidiaries
Subsidiaries (Rs.crore) Income PAT RoA Net Worth Name of Company % Holding Line of Activity H1 FY 2022 H1 FY 2022 H1 FY 2022 H1 FY 2022 50.78 9.24 3.25% 315.19 IDBI Capital Market & Securities Ltd 100 Merchant Banking & Retail Broking (41.23) (1.99) (0.80%) (299.80) 69.92 7.86 7.00% 93.04 IDBI Intec
Slide 40: Way Forward
Way Forward [@)IDBI BANK] P2920
Slide 41: Looking Ahead: Focus Area
Looking Ahead : Focus Area Explore avenues to grow corporate credit book, especially in the mid-corporate segment Focus on maximising fee income and maintaining NIM in line with industry Benchmark >3%. Credit cost and net slippages ratio to be below 1.75% and 3% respectively on sustained basis as CO
Slide 42: Thank You
THANK YOU www.idbibank.in = W@idbibank [FADBIBank © @idbibankofficial © CMVoulube/idbibank —[f\/idbibank By fet Free Nos 1800.209-4324 1 1800-22-1070.