IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q2 FY2014 Earnings Presentation
26 slides from IDBI Bank's earnings presentation, October 2013
Slide 1: Presentation to Analysts October 2013
Presentation to Analysts October 2013
Slide 2: Genesis
Genesis 1964- 1964-1976 1994- 1994- 00 2003 - 06 2007- 2007- 13 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 Significant player in domestic debt syndication. • Played a pivotal role in developing institutions that shaped the country’s financial archi
Slide 4: Distribution Network
Distribution Network • Reach • 1158 branches; 1930 ATMs • 1- Overseas, 300-Metro, 408-Urban, 298-Semi Urban & 151-Rural • Presence in 778 locations • Network of : o 66 Retail Asset Centres o 21 Credit Processing Centres o 6 PSG Processing Centres o 6 Regional Processing Units o 28 Central Clearing U
Slide 5: Highlights (Q2 FY14 over Q2 FY13)
Highlights (Q2 FY 14 over Q2 FY 13) (` in Crore) 183586 202559 1484 566 1275 484 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 10% 12% 19% 8% 60% 13% 166370 180087 1249 494 1180 192 10.62 ROA 21.97 0.73 CASA 2.17 ROE 0.27 NIM 2.05 21.94 3.87 Sep 13 Sep 12 Sep 13 Sep 12 Sep 13 Sep 12 Sep 13 Sep 12 5
Slide 6: Highlights (H1 FY14 over H1 FY13)
Highlights (H1 FY 14 over H1 FY 13) (` in Crore) 183586 202559 2959 1010 2591 911 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 10% 12% 17% 3% 12% 45% 166370 180087 2520 983 2312 499 10.40 0.68 0.34 ROA 21.97 CASA 2.15 ROE NIM 21.94 5.08 2.07 Sep 13 Sep 12 Sep 13 Sep 12 Sep 13 Sep 12 Sep 13 Sep 12
Slide 7: Balance Sheet
Balance Sheet (` in Crore) As at 30-Sep-2013 30-Sep-2012 LIABILITIES Capital 1333 1278 Reserve & Surplus 20372 18993 [Net Worth] 19938 18455 Deposits 202559 180087 Borrowings 63919 54960 Other Liabilities & provisions 9268 8319 Total 297451 263639 ASSETS Cash & balance with RBI 10717 13703 Bal. with
Slide 8: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended Half Year Ended Particulars Sep-13 Sep-12 Sep-13 Sep-12 Interest Income 6536 6197 13264 12467 Interest Expenses 5052 4948 10305 9947 Net Interest Income 1484 1249 2959 2520 Other Income 579 683 1296 1203 Total income 2063 1932 4254 3723 Operating Expenses 788
Slide 9: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended Half Year Ended Particulars Sep-13 Sep-12 Sep-13 Sep-12 Commission, Excg & Brkg 427 516 808 884 Profit on sale of investments -50 20 97 35 Profit/(Loss) on revaluation of investment 14 13 10 44 Profit on sale of Fixed Assets -2 0 -2 0 Profit on fore
Slide 10: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended Half Year Ended Particulars Sep-13 Sep-12 Sep-13 Sep-12 Staff Cost 360 386 851 703 Rent, taxes & lighting 73 62 136 125 Printing & stationery 10 11 21 20 Advertisement & Publicity 4 2 9 5 Depreciation 27 26 54 55 Postage, Telegram, Telephone,
Slide 11: Key Ratios
Key Ratios Quarter Ended Half Year Ended Particulars Sep-13 Sep-12 Sep-13 Sep-12 Net Interest Margin (%) 2.17% 2.05% 2.15% 2.07% Return on Assets (%) 0.27% 0.73% 0.34% 0.68% Return on Equity (%) 3.87% 10.62% 5.08% 10.40% Cost of all liabilities (%) 7.00% 7.46% 6.99% 7.43% Yield on Total Assets (%) 9
Slide 12: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) 3 0 - S e p - 2 0 13 3 0 - S e p - 2 0 12 * To t al B us ines s [Dep . + Ad v.] 3 8 6 14 5 3 4 6 4 57 SB Dep o s it s t o To t al Dep o s it s 12 .2 6 % 10 .9 8 % C urrent Acco unt Dep o s it s t o To t al Dep o s it s 9 .71% 10 .9 5% Time Dep o s it s t o To t al D
Slide 13: NPAs
NPAs (` in Crore) Particulars Sep-13 Sep-12 Gross Advances 188275 169359 Gross NPAs 9370 5848 Gross NPAs as % of Gross Advances 4.98% 3.45% T otal Provisions held* 4069 2453 Net Advances 183586 166370 Net NPAs 5174 3395 Net NPAs as % of Net Advances 2.82% 2.04% Provision Coverage Ratio % 45.98% 43.8
Slide 14: Summary of NPAs as on September 30, 2013
Summary of NPAs as on September 30, 2013 (` in Crore) For the Quarter Gross NPA Provision* Net NPA As on 01.07.2013 7959 3992 3967 Additions (First Time NPA) 2149 748 1401 Less: (i) Upgradations 78 35 43 (ii) Recoveries 142 118 24 (iii) Write off 517 517 0 As on 30.09.2013 9370 4069 5301 *Above Prov
Slide 15: Classification of NPAs as on September 30, 2013
Classification of NPAs as on September 30, 2013 (` in Crore) % of Provision to Gross NPA Provision NPV Loss Net NPA Gross NPA Sub Standard Assets 3358 559 8 2791 16.64 Doubtful Assets 5690 3188 119 2383 56.03 Loss Assets 322 322 0 0 100.00 Total* 9370 4069 127 5174 43.43 * Excluding Countercyclical
Slide 16: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore) Particulars Quarter ended Year ended Sep-13 Sep-12 Mar-13 Depreciation on investment -107.71 24.74 145.43 Provision for NPAs 76.51 291.87 1612.94 Provision towards standard assets* 30.00 0.00 172.00 Provision for Restructured Assets 194.32 184.32 4
Slide 17: Liabilities
Liabilities (` in Crore) Deposits 30-Sep-13 30-Sep-12 Current 19669 19726 Savings 24838 19781 Borrowings 30-Sep-13 30-Sep-12 Term 158052 140580 Tier I 2559 1709 Total 202559 180087 Upper Tier II 4286 4286 Lower Tier II 10280 8791 Maturity Profile Amount Flexi Bonds 232 263 Omni Bonds 9668 13425 Upto
Slide 18: Advances
Advances (` in Crore) Nature 30-Sep-13 30-Sep-12 Bills 4762 4073 Vertical Sep-13 Sep-12 CC, OD,WCDL ETC 46022 39518 CBG 88520 84380 Term Loans- Other 132802 122779 ICG 49568 33147 Total 183586 166370 Top 20 Borrowers 25793 RBG# 32306 31964 AGRI NA 11484 MSE NA 4408 Maturity Profile Advances PSG* 121
Slide 19: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 22220 10703 32923 32434 16816 49250 OIL & GAS/PETROLEUM PRODUCTS 9145 9386 18531 9803 19022 28825 ROADS & BRIDGES / PORTS 13734 5803 19538 16691 11085 27776 IRON AND STEEL 12995 5316 18311 18115 7672 25788 HOME LOAN
Slide 20: Summary of Restructured Advances as on September 30, 2013
Summary of Restructured Advances as on September 30, 2013 (` in Crore) Particulars PA NPA Total Gross 15006 3172 18177 Less: FITL Provision 958 137 1095 14048 3034 17083 Less: Cases considered for Provisioning @ 0.40% 2412 0 2412 Total 11636 3034 14670 20
Slide 21: Restructuring
Restructuring (` in Crore) Industry Outstanding Industry Outstanding AGRO INDUSTRIES 365 METAL INDUSTRY 1 081 AIR TRANSPORT 1 187 MINING AND QUARRYING 51 AQUACULTURE 74 MISC. INDUSTRY 92 CEMENT 112 MOTOR VEHICLES 277 CERAMIC INDUSTRY 105 OIL EXPLORATION 96 CHEMICAL AND FERTILIZERS 77 OTHER SERVICES
Slide 22: PA to NPA out of Restructured Advances as on September 30, 2013
PA to NPA out of Restructured Advances as on September 30, 2013 (` in Crore) Industry Outstanding Industry Outstanding AGRO INDUSTRIES 99 MINING AND QUARRYING 20 AIR TRANSPORT 696 MISC. INDUSTRY 10 AQUACULTURE 6 MOTOR VEHICLES 58 CEMENT 87 OTHER SERVICES 19 CHEMICAL AND FERTILIZERS 2 PAPER 9 DAIRY F
Slide 23: Investments
Investments (` in Crore) Category HTM AFS HFT Total Government securities 54851 2769 817 58437 SASF Securities 4941 0 0 4941 Shares (Equity) 0 2674 0 2674 Shares (Preference) 0 634 0 634 Debentures/ Bonds 10 9885 0 9895 Subsidiaries / Joint 619 0 0 619 Ventures Security Receipts 0 65 0 65 Others (CP
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Percentage Name of Company Holding IDBI CAPITAL MARKET SERVICES LIMITED 100.00 IDBI INTECH LIMITED 100.00 IDBI MF TRUSTEE COMPANY LTD. 100.00 IDBI ASSET MANAGEMENT LTD. 65.22 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 Percentage Name of Company Holding SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 19.21 ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED 19.18 STOCK HOLDING CORPORATION OF INDIA LIMITED 18.95 OTC EXCHANGE OF INDIA LIMITED 17.00 EDC LIMITED 11.43 NEPAL DEVELOPMENT BANK LIMI
Slide 26: Thank You
@ DBI BANK Thank You