IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q2 FY2015 Earnings Presentation
26 slides from IDBI Bank's earnings presentation, September 2014
Slide 1: Presentation to Analysts
Presentation to Analysts September 2014
Slide 2: Genesis
Genesis 1964- 1964-1976 1994- 1994- 00 2003 - 06 2007- 2007- 14 Set up by an IDBI Act amended IDBI Repeal Act Complete Networking (100% Act of to permit private passed in Core Banking) Parliament in ownership upto December 2003 Name changed to IDBI Bank 1964 as a 49%. for conversion to a Ltd subsidi
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 • 1488 branches; 2727 ATMs • 1- Overseas, 355-Metro, 430-Urban, 428-Semi Urban & 274-Rural • Presence in 1063 locations • Network of : o 72 Retail Asset Centres o 6 PSG Processing Centres o 21 Credit Processing Centres o 6 Regional Processing Units o 29 Central Clearing
Slide 5: Highlights (Q2FY over Q2FY14)
Highlights (Q2FY 15 over Q2FY 14) (` in Crore) 195057 238006 1484 557 1275 192 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 6% 18% 5% 13% 6% 38% 183586 202559 1406 494 1197 118 3.87 4.00 2.17 Q2 FY15 3.00 Q2 FY14 22.03 1.93 2.14 22.04 2.00 22.02 Sep-14 0.27 22 1.00 21.98 21.97 Sep-13 Q2 FY14 21.96
Slide 6: Highlights (HY over HY14)
Highlights (HY 15 over HY 14) (` in Crore) 195057 238006 2959 1010 2591 499 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 6% 18% 10% 2% 18% 55% 183586 202559 2657 988 2125 225 5.08 6.00 5.00 HY FY15 2.15 HY FY14 22.03 4.00 22.04 3.00 22.02 Sep-14 1.82 2.03 22 2.00 0.34 21.97 21.98 Sep-13 1.00 21.96
Slide 7: Balance Sheet
Balance Sheet (` in Crore) As at Sep-14 Sep-13 LIABILITIES Capital 1604 1333 Res erve & Surplus 22232 20372 [Net Worth] 22148 19938 Depos its 238006 202559 Borrowings 56001 63919 Other Liabilities & provis ions 11104 9268 Total 328947 297451 ASSETS Cas h & balance with RBI 10178 10717 Bal. with bank
Slide 8: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended Half Year Ended Particulars Sep-14 Sep-13 Sep-14 Sep-13 Interest income 6850 6536 13583 13264 Interest expenses 5444 5052 10926 10305 Net Interest income 1406 1484 2657 2959 Other Income 760 579 1260 1296 Total income 2167 2062 3917 4254 Operating Expenses 97
Slide 9: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended Half Year Ended Particulars Sep-14 Sep-13 Sep-14 Sep-13 Commission, Excg & Brkg 466 427 834 808 Profit on sale of investments 115 -50 153 97 Profit/(Loss) on revaluation of investment -20 14 -20 10 Profit on sale of Fixed Assets 0 -2 0 -2 Profit on
Slide 10: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended Half Year Ended Particulars Sep-14 Sep-13 Sep-14 Sep-13 Staff Cost 497 360 893 851 Rent, taxes & lighting 95 73 173 136 Printing & stationery 13 10 24 21 Advertisement & Publicity 8 4 11 9 Depreciation 34 27 66 54 Postage, Telegram, Teleph., e
Slide 11: Key Ratios
Key Ratios Quarter Ended Half Year Ended Particulars Sep-14 Sep-13 Sep-14 Sep-13 Net Interest Margin 1.93% 2.17% 1.82% 2.15% Return on Assets 0.15% 0.27% 0.14% 0.34% Return on Equity 2.14% 3.87% 2.03% 5.08% Cost of all liabilities 6.93% 7.00% 6.94% 6.99% Yield on Total Assets 9.69% 9.85% 9.43% 9.87%
Slide 12: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) P a rt ic ula rs S e p - 14 S e p - 13 Tot a l Bu sine ss [ De p. + Adv.] 4330 62 3 86145 S B De po sit s t o Tot a l De posit s 12 .2 1% 12.26% Cur r e nt Ac c o unt De posit s t o Tot a l De posit s 9.8 2% 9 .7 1% Time De posit s t o Tot a l De posit s 7 7.97% 7 8
Slide 13: NPAs
NPAs (` in Crore) Particulars Se p-14 Sep-13 Gross Advances 201964 188275 Gross NPAs 11559 9370 Gross NPAs as % of Gross Advances 5.72% 4.98% T otal Provisions held 6121 4069# Net Advances 195057 183586 Net NPAs 5438 5174 Net NPAs as % of Net Advances 2.79% 2.82% Provision Coverage Ratio 53.60% 45.9
Slide 14: Summary of NPAs as on September 30, 2014
Summary of NPAs as on September 30, 2014 (` in Crore) For the Quarter Gross NPA NPA Provision Net NPA & NPV Loss As on 01.07.2014 10763 5472 5291 Additions (First Time NPA) 1093 861 232 Less: (i) Upgradations 113 59 54 (ii) Recoveries 173 142 31 (iii) Write off 11 11 0 As on 30.09.2014 11559 6121 54
Slide 15: Classification of NPAs as on September 30, 2014
Classification of NPAs as on September 30, 2014 (` in Crore)) % of Provision Gross NPA Provision NPV Loss Net NPA to Gross NPA Sub Standard Assets 2927 590 10 2327 20.50 Doubtful Assets 8026 4902 13 3111 61.25 Loss Assets 606 606 0 0 100.00 Total 11559 6098 23 5438 52.95 15
Slide 16: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore)) Particulars Quarter ended FY ended Sep-14 Sep-13 Mar-14 Depreciation on investment 26 53 180 Provision for NPAs 719 77 1681 Provision towards standard assets* 74 30 173 Provision for Restructured Assets (including FITL) 136 194 486 Income Tax 333
Slide 17: Liabilities
Liabilities (` in Crore) Deposits Sep-14 Sep-13 Current 23368 19669 Savings 29065 24838 Term 185573 158052 Total 238006 202559 Maturity Profile Amount Borrowings Sep-14 Sep-13 Upto 6 months 99035 Tier I 1709 2559 6 months -1 year 47078 Tier II 13621 14566 1 year - 3 years Others 18778 21715 84591 Ou
Slide 18: Advances
Advances (` in Crore) Nature Sep-14 Sep-13 Bills 4539 4762 Vertical Sep-14 Sep-13 CC, OD,WCDL ETC 49377 46022 Term Loans- Other 141141 132802 CBG 92268 89076 Total 195057 183586 ICG 50477 49568 Top 20 Borrowers 25703 RBG 52312 32471 Maturity Profile Advances PSG# - 12471 Upto 6 months 23505 Grand To
Slide 19: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 22397 8178 30575 31974 13047 45021 OIL & GAS/PETROLEUM PRODUCTS 10656 7237 17894 12580 17401 29981 ROADS & BRIDGES / PORTS 14273 5590 19863 17135 10321 27456 INFRASTRUCTURE OTHERS 10140 9205 19346 13416 12798 26214
Slide 20: Summary of Restructured Advances as on September 30, 2014
Summary of Restructured Advances as on September 30, 2014 (` in Crore) Particulars PA NPA Total Gross 18094 2769 20863 Less: FITL Provision 1210 198 1408 Net of FITL Provision 16884 2571 19455 Less: Cases considered for Provisioning @ 0.40% 2550 0 2550 Total 14334 2571 16905 20
Slide 21: Industry wise Restructured Advances
Industry wise Restructured Advances (` in Crore) Ne t Ne t Industry O utstanding Industry O utstanding Se p 2014 Se p 2014 AGRO INDUSTRIES 205 JEWELLERY MFG 130 AIR TRANSPORT 486 METAL INDUSTRY 1 270 AQUACULTURE 84 MINING AND QUARRYING 46 CEMENT 269 MISC. INDUSTRY 119 CERAMIC INDUSTRY 112 MOTOR VEHI
Slide 22: PA to NPA out of Restructured Advances as on Sep 30, 2014
PA to NPA out of Restructured Advances as on Sep 30, 2014 (` in Crore) Net Net Outstanding Outstanding Industry Sep 2014 Industry Sep 2014 AGRO INDUSTRIES 153 METAL INDUSTRY 144 AQUACULTURE 20 MINING AND QUARRYING 3 CEMENT 7 MISC. INDUSTRY 22 CERAMIC INDUSTRY 64 MOTOR VEHICLES 50 CHEMICAL AND FERTIL
Slide 23: Investments
Investments (` in Crore) C ate gory HTM AFS HFT Total Government securities 54909 13942 1456 70307 SASF Securities 4691 0 0 4691 Shares (Equity) 0 2441 31 2472 Shares (Preference) 0 428 0 428 Debentures/ Bonds 0 11156 0 11156 Subsidiaries / Joint Ventures 644 0 0 644 Security Receipts 0 534 0 534 Ot
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage IDBI CAPITAL MARKET SERVICES LIMITED 100 IDBI INTECH LIMITED 100 IDBI MF TRUSTEE COMPANY LTD. 100 IDBI ASSET MANAGEMENT LTD. 65.22 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48 NATIONAL SECURITIES
Slide 25: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED 19.18 OTC EXCHANGE OF INDIA LIMITED 17.00 CREDIT ANALYSIS AND RESEARCH LIMITED 16.62 EDC LIMITED 11.43 NEPAL DEVELOPMENT BANK LIMITED 10.00 UNIVERSAL COMMODITY EXCHANGE LTD. 10.00 CLEAR
Slide 26: Thank You
@ DBI BANK Thank You