Punjab & Sind Bank Ltd. · NSE:PSB
Punjab & Sind Bank — FY2020 Earnings Presentation
41 slides from Punjab & Sind Bank's earnings presentation, March 2020
Slide 1: Audited Financial Results For the year ended March, 2020
(A GOVERNMENT OF INDIA UNDERTAKING) Audited Financial Results For the year ended March, 2020 PROUDLY CELEBRATES 113th YEAR OF SERVICE TO THE NATION PSB – where service is a way of life….
Slide 2: Index
Index Sl. No. Particulars Slide No. Sl. No. Particulars Slide No. 1 Statutory Central Auditors 3 19 Retail Portfolio 23 2 Share Holding Pattern 4 20 Composition Of Advances 24 3 Branch Expansion 5 21 Exposure to Major Industries 25 4 Results at a glance 6 22 Exposure to Infrastructure 26 5 CASA & Re
Slide 3: Statutory Central Auditors
Statutory Central Auditors 1. M/s S. Mann & Co., Delhi 2. M/s Baldev Kumar & Co., Chandigarh 3. M/s Suresh Chandra & Associates., Delhi 4. M/s Raj Gupta & Co., Chandigarh Zonal Offices 25 Branches audited by Statutory Central Auditors 20 * (SCAs) * Covering 55.73% of Total Advances of the Bank. Tota
Slide 4: Share Holding Pattern as on 31.03.2020
Share Holding Pattern as on 31.03.2020 31.03.2019 31.03.2020 • Share Capital 564.91 Cr 701.05 Cr • No. of Shares 56.49 Cr 70.10 Cr Others 10.95% • Net Worth 3652.26 Cr 2917.44 Cr LIC • B. V. per Share 64.65 41.62 5.99% • Return of Equity (12.96)% (30.16)% 31.03.2019 31.03.2020 • Govt. of India 85.56
Slide 5: Branch Expansion
Branch Expansion 1500 1514 1518 1526 1750 563 568 1400 554 561 (37%) (37%) (37%) (37%) Rural 1050 276 278 279 278 Semi-Urban (18%) (18%) (18%) (18%) 700 356 Urban 343 351 350 (23%) (23%) (23%) (23%) 350 325 324 327 325 (22%) (22%) Metro (22%) (22%) 0 Mar-17 Mar-18 Mar-19 Mar-20 PSB - where service i
Slide 6: Results at a Glance
Results at a Glance (Rs in Crore) As on As on YoY Growth As on YoY Growth Parameters 31.03.2018 31.03.2019 (%) 31.03.2020 (%) Total 171465 171305 (0.09) 152232 (11.13) Business Total 101726 98558 (3.11) 89668 (9.02) Deposits CASA 24060 26407 9.75 26517 0.42 Retail Term Deposits 27921 33903 21.42 373
Slide 7: CASA & Retail Term Deposit
CASA & Retail Term Deposit 37370 40000 33903 35000 26407 26617 30000 23305 21431 CA 25000 SB 20000 CASA 15000 4976 RTD 10000 3213 5000 0 March 2019 March 2020 (Rs in Crore) YOY Growth Parameters Mar‘19 Mar‘20 (%) Current Deposits 4976 3213 (35.43) Savings Deposits 21431 23305 8.74 CASA Deposits 2640
Slide 8: Average Deposits and Advances
Average Deposits and Advances (Rs in Crore) 99697 92937 100000 90000 70044 67614 80000 Average Advances 70000 Average Deposits 60000 50000 40000 30000 20000 10000 0 Mar 2019(Full Year) Mar 2020(Full Year) PSB - where service is a way of life... 8 of 41
Slide 9: CD Ratio
CD Ratio 73.85 74 72.89 73 71.92 72 71.04 CD Ratio 71 69.74 70 69 68 67 Mar 19 Jun19 Sep 19 Dec 19 Mar 20 PSB - where service is a way of life... 9 of 41
Slide 10: Total Income
Total Income (Rs in Crore) Variation Variation Quarter Full Year Q-o-Q Y-o-Y Particulars Mar’19 Mar’20 % Mar’19 Mar’20 % Total Income (1+2) 2304 2289 (0.65) 9387 8827 (5.97) 1) Interest Income 2018 1904 (5.65) 8559 7930 (7.35) (a+b+c) a) Advances 1473 1382 (6.18) 6030 5774 (4.25) b) Investments 497
Slide 11: Non Interest Income
Non Interest Income (Rs in Crore) Variation Variation Quarter Full Year Q-o-Q Y-o-Y Particulars Mar’19 Mar’20 % Mar’19 Mar’20 % Comm. Exchange, Brokerage 26 23 (11.54) 95 89 (6.32) Exchange Earned on Forex 4 5 25.00 20 23 15.00 Profit on Sale of Investment 153 174 13.73 358 405 13.13 Recovery in wri
Slide 12: Total Expenditure
Total Expenditure (Rs in Crore) Variation Variation Quarter Full Year Q-o-Q Y-o-Y Particulars Mar’19 Mar’20 % Mar’19 Mar’20 % Total Expenses 1900 1860 (2.11) 7990 7730 (3.25) Interest Expenses 1589 1400 (11.90) 6279 5872 (6.48) - Deposits 1522 1328 (12.76) 5991 5611 (6.35) - Others 67 72 7.84 288 26
Slide 13: Other Operating Expenses
Other Operating Expenses (Rs in Crore) Variation Variation Quarter Full Year Q-o-Q Y-o-Y Particulars Mar’19 Mar’20 % Mar’19 Mar’20 % Rent, Taxes & Lighting 36 37 2.78 133 138 3.76 Printing & Stationery 2 2 0.00 9 9 0.00 Advertisement & Publicity 2 2 0.00 3 6 100.00 Depreciation (61) 11 -ve to +ve (1
Slide 14: Operating Profit
Operating Profit (Rs in Crore) Variation Variation Quarter Full Year Q-o-Q Y-o-Y Particulars Mar’19 Mar’20 % Mar’19 Mar’20 % Interest Income 2018 1904 (5.65) 8559 7930 (7.35) Interest Expenses 1588 1400 (11.84) 6279 5872 (6.48) NII (Spread) 430 504 17.21 2280 2058 (9.74) Non Interest Income 286 385
Slide 15: Net Profit
Net Profit (Rs in Crore) Variation Variation Quarter Full Year Q-o-Q Y-o-Y Particulars Mar’19 Mar’20 % Mar’19 Mar’20 Operating Profit 404 430 6.44 1397 1097 (21.47) Provision for NPA 312 683 118.91 1962 2308 17.64 Tax Expense 29 (151) +ve to -ve (315) (531) -ve to -ve Investment 62 59 (4.84) 258 218
Slide 16: Cost & Yield Ratios
Cost & Yield Ratios Quarter Full Year Particulars Mar’19 Mar’20 Mar’19 Mar’20 A Cost of Deposits (%) 6.13 5.84 6.01 6.04 B Cost of Funds (%) * 5.56 5.19 5.44 5.37 C Yield on Advances(%) 8.22 8.44 8.61 8.54 D Yield on Investments (without Profit) (%) 6.96 6.95 7.34 7.12 E Yield on Investments (with P
Slide 17: Other Ratios
Other Ratios Quarter Full Year Particulars Mar’19 Mar’20 Mar’19 Mar’20 A Cost to Income Ratio 43.55 51.67 55.06 62.88 i. Staff Cost to Income Ratio 31.60 32.68 37.83 40.99 ii. Other Overhead to Income Ratio 11.95 18.99 17.23 21.89 B Return on Assets (Annualized) (0.21) (0.88) (0.47) (0.91) C Return
Slide 18: Productivity Ratios
Productivity Ratios Particulars Mar‘18 (FY) Mar’19 (FY) Mar’20 (FY) Business * per Branch (Rs. in Crore) 113.25 112.85 99.76 Business per Employee (Rs. in Crore) 18.18 18.87 16.98 Profit Per Branch (Rs. in Lacs) (49.13) (35.80) (64.93) (Annualized) Profit Per Employee (Rs. in Lacs) (7.98) (6.06) (11
Slide 19: Capital Adequacy
Capital Adequacy (Rs in Crore) Mar 19 Mar 19 Mar 20 Mar 20 Particulars (Basel II) (Basel III) (Basel II) (Basel III) Capital Funds :- Total (Tier I + Tier II) 6000.49 6404.97 5940.57 6397.89 Tier I 4632.40 5567.20 3884.94 4805.91 Tier II 1368.09 837.78 2055.63 1591.98 CET I - 4567.20 - 3805.91 Capit
Slide 20: Investments
Investments (Rs in Crore) Particulars Mar 19 Mar 20 % to Total GROSS INVESTMENTS 26461.32 24946.38 SLR INVESTMENTS i) Treasury Bills 1263.44 0.00 0.00% ii) CG securities 11286.37 12094.32 48.48% iii) State Govt. Securities 8142.86 6965.43 27.92% iv) Other Approved Securities 8.49 6.99 0.03% Total of
Slide 21: Treasury Management
Treasury Management (Rs in Crore) % to Total Particulars Mar-19 Mar-20 % Growth Investment Gross Investment 26461.32 24946.38 (5.73)% 100.00 SLR Investment 20701.16 19066.74 (7.90)% 76.43 of which i) HFT 24.90 0.00 (100.00)% - ii) AFS 9640.59 8640.45 (10.37)% 34.64 iii) HTM 11035.67 10426.29 (5.52)%
Slide 22: Priority Sector Lending
Priority Sector Lending (Rs in Crore) Sl. Particulars Mar’19 Mar’20 Increase YoY( %) 1 Agriculture 11750 11168 (4.95) 2 MSME 11206 11406 1.78 3 Others 5331 5298 (0.62) 4 Total PSL * 28287 27872 (1.47) 5 PSL % to ANBC 39.04 37.02 * Figures includes RIDF PSB - where service is a way of life... 22 of 4
Slide 23: Retail Portfolio
Retail Portfolio (Rs in Crore) YoY Growth Particulars Mar’18 Mar’19 Mar’20 % Retail 14391 15615 16552 6.00 % of Gross Advances 20.64 21.46 26.46 Break up of Retail Portfolio as on % To Segment 31.03.18 31.03.19 31.03.20 Total (Mar’20) Housing 5081 5589 6026 36.41 Vehicle 1254 1334 1373 8.30 Educatio
Slide 24: Composition of Advances
Composition of Advances (Rs in Crore) Outstanding as of Y-O-Y % % to Total Particulars growth Advances Mar’19 Mar’20 (Mar’20) Agriculture (Excluding RIDF) 9854.63 9826.63 (0.28) 15.71 MSME 10657.89 10819.19 1.51 17.29 Retail Advances 8544.34 8868.74 3.80 14.18 Food Credit 414.51 287.75 (30.58) 0.46
Slide 25: Exposure to Major Industries
Exposure to Major Industries (Rs in Crore) Mar’19 Mar’20 Y-O-Y % Sector Amount % age Amount % age Growth Infrastructure 16068.33 22.09 13395.07 21.41 (16.64) (Out of Which) Power 6830.42 9.39 3831.08 6.12 (43.91) Telecom 1002.78 1.38 1464.57 2.34 46.05 Roads, Ports, Railways & Highways 3142.38 4.32
Slide 26: Exposure to Infrastructure
Exposure to Infrastructure (Rs in Crore) Segment 31.03.2019 31.03.2020 YoY % Total Infrastructure 16068.33 13395.07 (16.64) - Power 6830.42 3831.08 (43.91) - Ports, Roads, Railways & Highways 3142.38 2944.90 (6.28) -Telecom 1002.38 1464.57 46.11 Break up of exposure to Power Sector Particular 31.03.
Slide 27: Total Restructured Accounts
Total Restructured Accounts (Rs in Crore) Decremented facilities Fresh Restructured Sr. Restructured (turned NPA/ Cease to Period Additional/ Total No Amount attract/conversion of Incremental facility DISCOM debt into bonds ) 1 Up to 2018-19 636.74 231.69 (441.86) 426.57 2 2019-20 (Q1) 426.57 14.51
Slide 28: Restructured Advances
Restructured Advances (Rs in Crore) Mar’19 Mar’19 Sector Amount % age Amount % age Agriculture 0 0.00 9.69 1.92 Power 141 33.05 62.2 12.30 Textiles 1.33 0.31 5.86 1.16 Cement & Products 6.79 1.59 0.08 0.02 Iron & Steel 0.61 0.14 1.01 0.20 Telecom 0 0.00 0.1 0.02 Civil Aviation 0 0.00 0 0.00 Hotel 3.
Slide 29: S4A, SDR and Flexible Restructuring Details
S4A, SDR and Flexible Restructuring Details Standard (as on Mar-2020) NPA (as on Mar-2020) Name of No. of Fund Based Balance No. of Fund Based Balance the Borrowers outstanding (` In Crore) Borrowers outstanding (` In Crore) Scheme S4A 0 0 0 0 SDR 0 0 0 0 5/25 5 873.82 0 0 TOTAL 5 873.82 0 0 NAME O/
Slide 30: Restructured Accounts Sector-wise
Restructured Accounts Sector- Sector-wise (Rs in Crore) S. Restructured As on As on BREAKUP OF STATE DISCOMS No Accounts 31.03.2019 31.03.2020 (as on 31.03.20): 1 State Discoms 0.00 41.60 RAJASTHAN 0.00 UTTAR PRADESH 0.00 2 Aviation (Air India) 0.00 0.00 CHANDIGARH 0.00 3 Under CDR/JLF 0.00 0.00 TAM
Slide 31: NPA
NPA (Rs in Crore) Particulars Mar’18 Mar’19 Mar’20 Gross NPA 7801.65 8605.87 8874.57 Gross NPA as % of Gross Advances 11.19% 11.83% 14.18% NET NPA 4607.87 4994.23 4684.15 NET NPA as % of Net Advances 6.93% 7.22% 8.03% Provision Coverage Ratio with T.W.O. 54.41% 59.46% 66.74% PSB - where service is a
Slide 32: Priority Sector NPA
Priority Sector NPA (Rs. In Crore) Mar-2019 Mar-2020 Sector Outstanding NPA % NPA Outstanding NPA % NPA Total Advances 72747 8606 11.83 62546 8875 14.19 Total Priority Sector (With RIDF) 28287 27872 Total Priority Sector 25409 3213 12.65 24894 3195 12.83 A. Total Agriculture Advances 9855 1062 10.78
Slide 33: Industry Wise Corporate NPAs
Industry Wise Corporate NPAs (Rs in Crore) Industry March 2019 March 2020 Iron and Steel 484.93 312.96 Engineering 75.08 82.84 Textile 174.79 431.89 Infra-energy 1276.15 702.79 Infra-Transport 860.46 656.54 Infra-Others 413.30 397.85 Gems & Jewellery 0.00 0.00 Food Processing 60.51 65.08 Wood Produc
Slide 34: Movement of NPA
Movement of NPA (Rs in Crore) Sr. Particulars Full Year Quarter Variation No Mar’19 Mar’20 Mar’19 Mar’20 QoQ YoY 1 Gross NPA Opening Balance 7801.65 8605.87 7990.67 8923.49 932.82 804.22 2 Cash recoveries 1163.94 549.38 308.97 182.18 -126.79 -614.56 Out of Above Cash recovery(2) 3 Income Booked 280.
Slide 35: Human Resources
Human Resources 10500 429 (5%) 367 312 (5%) (4%) 9000 2346 2300 2090 (25%) (24%) (26%) 7500 6000 4500 6546 6306 6489 3000 (70%) (71%) (70%) 1500 0 March 2018 March 2019 March 2020 Officers Non-Subordinate (Clerks) Subordinate PSB - where service is a way of life... 35 of 41
Slide 36: Alternate Delivery Channels
Alternate Delivery Channels CBS BRANCHES INTERNET BANKING USERS 1530 600000 1525 1520 500000 1515 400000 1510 525764 1526 300000 452384 1505 113143 1500 1517 1514 266281 200000 1495 1500 1490 100000 1485 2016-17 2017-18 2018-19 2019-20 0 2016-17 2017-18 2018-19 2019-20 MOBILE BANKING USERS TOTAL ATM
Slide 37: Financial Inclusion
Financial Inclusion • Bank has opened 13.24 lac accounts under PMJDY and mobilized deposit of Rs.644 Crore. Average deposit per account is Rs.4860/-. • As on 31.03.2020, Aadhaar Seeding percentage under PMJDY accounts is 85%. • The bank has adopted individual Bank Mitr Model. All the 353 Bank Mitrs
Slide 38: Pradhan Mantri Jan Dhan Yojana
Pradhan Mantri Jan Dhan Yojana Cumulative position of Pradhan Mantri Jan-Dhan Yojana Schemes Scheme 31.03.2019 31.03.2020 Number of Accounts opened 1305127 1324372 Number of Active Accounts 1118276 1131925 Deposits in accounts (Rs. In Cr.) 685 644 Average Balance per Account Rs.5249/- Rs. 4860/- PSB
Slide 39: Pradhan Mantri Social Security Schemes
Pradhan Mantri Social Security Schemes No. of Enrolments Scheme 31.03.2019 31.03.2020 Atal Pension Yojana 1,47,639 1,90,272 Pradhan Mantri Jeevan Jyoti Bima 2,22,462 2,79,693 Yojna Pradhan Mantri Suraksha Bima Yojna 10,23,091 12,08,391 Grand Total 13,93,192 16,78,356 PSB - where service is a way of
Slide 40: Pradhan Mantri Mudra Yojna
Pradhan Mantri Mudra Yojna Performance of Pradhan Mantri Mudra Yojna As on 31.03.2020 (During FY 19-20) (Rs in Crore) 31.03.2019 (During FY 18-19) 31.03.2020 (During FY 19-20) S Scheme No. Sanctioned Disbursed Sanctioned Disbursed l No. A/cs A/cs Amount Amount Amount Amount Shishu (Loan 1 20860 49.1
Slide 41: PSB - where service is a way of life...
PSB - where service is a way of life... 41 of 41