Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q1 FY2025 Earnings Presentation
37 slides from Bank Of Baroda's earnings presentation, Jul 31, 2024
Slide 1: Performance Analysis Q1FY25
Performance Analysis Q1FY25
Slide 2: Key Highlights
G a 3itm aster Bank of Baroda Key Highlights
Slide 3: Key Highlights
Key Highlights Key Performance Drivers Business Details (INR crore) Jun 30, 2023 Jun 30, 2024 YoY (%) Net Interest Margin (%) Net Profit (INR crore) Domestic Deposits 10,50,306 11,05,460 5.3 9 bps YoY 9.5% YoY International Deposits 1,49,602 2,01,534 34.7 3.27 3.27 4,886 Global Deposits 11,99,908 13
Slide 4: Financial Performance
G a 3itm aster Bank of Baroda Financial Performance
Slide 5: Key Ratios
Key Ratios Cost of Deposits Yield on Advances Net Interest Margin Domestic Domestic Domestic 5.11% 5.13% 4.97% 5.13% 8.91% 9.25% 8.99% 9.01% 8.99% 3.41% 3.45% 3.32% 4.74% 3.30% 3.30% Q1FY24 Q4FY24 Q1FY25 FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 FY24 Q1FY25 International Inte
Slide 6: Operating Performance
Operating Performance Particulars Q1 FY24 Q4 FY24 Q1 FY25 YoY (%) (INR crore) Interest on advances 19,813 22,760 22,660 14.4 Interest on investments 6,028 6,307 6,438 6.8 Other Interest income 715 516 530 -25.8 Total Interest Income 26,556 29,583 29,629 11.6 Interest on Deposits 13,691 15,809 16,318
Slide 7: Non-Interest Income
Non-Interest Income Particulars Q1 FY24 Q4 FY24 Q1 FY25 YoY (%) (INR crore) Commission, Exchange, Brokerage 745 1,030 719 -3.5 Incidental Charges 389 360 317 -18.5 Forex Income 46 61 60 30.4 Other Miscellaneous Income 327 464 383 17.1 Fee based Income 1,507 1,915 1,479 -1.9 Trading Gains – Profit fr
Slide 8: Operating Expenses
Operating Expenses Particulars Q1 FY24 Q4 FY24 Q1 FY25 YoY (%) (INR crore) Employee Cost 3,754 4,547 4,014 6.9 of which: Salaries 2,980 2,875 3,207 7.6 Provisions for employees 774 1,672 807 4.3 Other Operating Expenses 2,740 3,331 2,912 6.2 of which : 329 505 334 1.5 Rent, Taxes and Lighting Printi
Slide 9: Profit Position
Profit Position Particulars Q1 FY24 Q4 FY24 Q1 FY25 YoY (%) (INR crore) Operating Profit 7,824 8,106 7,161 -8.5 Total Provisions 1,946 1,302 1,011 -48.1 of which: 1,693 1,485 1,269 -25.0 Provision for NPA & Bad Debts Written-off Provision for Non Performing Investment -11 -151 -136 -- Provision for
Slide 10: Business Performance
Business Performance B ad 3iim asler Bank of Baroda 10
Slide 11: Deposits
Deposits Particulars % share in Domestic Deposits in Jun’24 Jun’23 Jun’24 YoY (%) Mar’24 Jun’24 QoQ (%) (INR crore) Domestic CASA Deposits 4,23,600 4,49,019 6.0 4,66,401 4,49,019 -3.7 Savings Deposits Domestic Saving 35% 3,60,722 3,82,354 6.0 3,90,014 3,82,354 -2.0 Deposits Domestic Current 62,878 6
Slide 12: Advances
Advances Particulars % share in Gross Domestic Credit in Jun’24 Jun’23 Jun’24 YoY (%) Mar’24 Jun’24 QoQ (%) (INR crore) Agriculture Retail* 1,84,091 2,22,494 20.9 2,14,942 2,22,494 3.5 15.8% Home Loans* 99,976 1,14,711 14.7 1,11,791 1,14,711 2.6 Auto Loans* 32,171 40,242 25.1 38,697 40,242 4.0 Corpo
Slide 13: Industry-wise Outstanding
Industry-wise Outstanding Jun’23 Jun’24 Rating Profile Particulars (INR crore) Outstanding Share (%) Outstanding Share (%) Infrastructure of which 1,05,956 13.0 1,10,524 12.5 1. Power 49,564 6.1 56,306 6.4 2. Telecom 8,921 1.1 8,033 0.9 3. Roads & Ports 35,621 4.4 34,337 3.9 4. Other Infrastructure
Slide 14: Segment wise breakup & Ratings of NBFC Standard Outstanding
Segment wise breakup & Ratings of NBFC Standard Outstanding NBFC Portfolio by Ownership Rating Profile of NBFCs Standard Outstanding* Particulars Mar’24 Jun’24 Outstanding Outstanding 11% 14% % Share % Share (INR crore) (INR crore) Pvt others AAA 1,00,849 67.33 1,02,873 68.84 Backed by Large 45% 40%
Slide 15: Treasury Operations
Treasury Operations Particulars (INR crore) Jun’23 Mar’24 Jun’24 • Domestic investment book comprises of 74.62% in HTM; 21.67% in AFS; 2.11% in FVTPL; 0.26% IN FVTPL-HFT and 1.34% in Domestic Investments 3,47,562 3,56,820 3,59,677 Subsidiaries / Joint Ventures and RRB’S of which 2,89,630 3,00,810 3,
Slide 16: Financial Inclusion
Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts Zero Balance Accounts (%) (in Lakh) 38,500 37,618 5.20% 32,549 4.98% 4.98% 705 700 681 Jun'23 Mar'24 Jun'24 4,783 5,503 5,336 Market Share* of BOB in PMJDY Accounts (%) 15.28% 15.20% 15.18% Jun'23 Mar'24 Jun'2
Slide 17: Asset Quality
Asset Quality B ad 3iim asler Bank of Baroda 17
Slide 18: Movement of NPAs
Movement of NPAs Particulars Q1 FY24 Q4 FY24 Q1 FY25 (INR crore) A. Opening Balance 36,764 32,318 31,834 B. Additions 2,761 3,200 3,018 Out of which, Fresh Slippages 2,452 2,855 2,787 C. Reductions 4,693 3,683 3,979 Recovery 986 1,130 1,005 Upgradation 951 880 652 Cash Recovery + Upgradation 1,937 2
Slide 19: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q1 FY24 Q4 FY24 Q1 FY25 Particulars (INR crore) Q1 FY24 Q4 FY24 Q1 FY25 Infrastructure of which 287 328 145 Corporate 1,519 2,371 2,045 1. Power 65 3 3 MSME 11,177 10,956 10,893 2. Telecom 2 2 2 3
Slide 20: Asset Quality: Sectoral Fresh Slippages
Asset Quality : Sectoral Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Fresh Slippages Particulars (INR crore) Q1 FY24 Q4 FY24 Q1 FY25 Corporate 177 176 48 0.48 MSME 1,143 1,138 1,206 Retail 612 600 842 0.15 0.18 Agriculture 436 917 644 Others 9 10 18 Jun-23 Mar-24 Jun-24 Total Domestic 2,378 2,841 2
Slide 21: Exposure to NCLT Accounts
Exposure to NCLT Accounts 46,558 33,276 100% 100% 100% 99% 99% 6,321 4,641 2,320 RBI List 1 RBI List 2 ACCOUNT ACCOUNT TOTAL RBI 1 List RBI 2 List Accounts Accounts Total FILED BY BOB FILED BY filed by BOB filed by OTHERS at NCLT others at Exposure in INR Crore Provision Coverage (%) NCLT Provision
Slide 22: Capital Adequacy
Capital Adequacy B ad 3iim asler Bank of Baroda 22
Slide 23: Capital Adequacy
Capital Adequacy 17.20% 16.82% 15.84% 15.30% 16.31% Tier II 14.72% 2.12% 2.24% 2.17% 2.20% 2.11% 1.51% AT-1 2.05% 1.53% 1.57% 1.70% 1.62% 1.56% CET-1 12.54% 13.08% 13.57% 11.94% 11.57% 11.11% Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Consol Jun'24 Particulars (INR crore) Jun ’23 Mar’24 Jun’24 Jun’24 (Conso
Slide 24: Sustainability Initiatives
Sustainability Initiatives 24
Slide 25: Sustainability Initiatives 1/3
Sustainability Initiatives….1/3 Sustainable & Social Loans Efficiency & Green Initiatives Bank has executed an MOU with KFW, a multilateral Bank has set up rain water harvesting system in -178- branches (1.3 MW in total) in rural/semi urban finance agency, under the programme known as some of their
Slide 26: Sustainability Initiatives 2/3
Sustainability Initiatives….2/3 09 Eligible Sectors ➢ Implemented Green Finance Framework in Renewable Energy March 2024 for: Energy Efficiency ▪ Raising of the Green Deposits and Enabling Clean Transportation Flow of Credit for the Green Activities. ▪ Defining of criteria(s) for Channelization of C
Slide 27: Sustainability Initiatives 3/3
Sustainability Initiatives …3/3 Employee Engagement Yoga Day Baroda Anubhuti Program ➢ Bank celebrated International Day of Yoga on 21st June 2024 by, organizing ➢ Under the aegis of Baroda Anubhuti Program which is designed to foster the mass Yoga sessions at all Administrative Offices, Holding ses
Slide 28: Digital Milestones
Digital Milestones B ad 3iim asler Bank of Baroda 28
Slide 29: Digital Milestones 1/2
Digital Milestones….1/2 16% 35% 92% New FD New RDs UPI Remittance (through Digital) (through Digital) Success Rate June’ 24 Source: NPCI 79% 2nd 3rd 3rd Rank in Debit Card Rank in IMPS Rank in UPI Credit Card Beneficiary remittance Issuance sourced digitally May’ 24 Source: RBI June’24 Source: NPCI
Slide 30: Digital Milestones 2/2
Digital Milestones…2/2 5.20 Million 15% 85% Daily Txns on %FDs/RDs opened % IMPS txns through bob World through bob world bob world (Fin & Non-Fin) 71% 84% 28% 4.3 PPF Account Average Digital Passbook % Billpay txns Opening through Engagement Ratio in accessed through through bob World bob world bob
Slide 31: Consolidated Financials
Consolidated Financials B ad 3iim asler Bank of Baroda 31
Slide 32: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance Baroda BNP Paribas Asset IndiaFirst Life Insurance Co. Ltd. BOBCARD Limited Management India Pvt. Ltd. (Subsidiary Holding - 65%) (Subsidiary Holding – 100%) (Subsidiary Holding – 50.1%) ❑ IndiaFirst Life recorded YoY growth of 4.8% on Gross ❑ Number of Cards (Card b
Slide 33: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance India Infradebt Limited Baroda Global Shared Services Limited BOB Capital Markets Limited (Joint Venture of 40.99%) (Subsidiary Holding – 100%) (Subsidiary Holding – 100%) ❑ India Infradebt Limited focused on disbursement in ❑ BGSSL total income grew by 21.37% YoY in
Slide 34: Overseas Subsidiaries Performance
Overseas Subsidiaries Performance Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (Botswana) Ltd. (Subsidiary Holding – 80%) (Subsidiary Holding – 86.7%) (Subsidiary Holding – 100%) ❑ Total Deposits stands at INR 4,389.13 crore as ❑ Total Deposits stands at INR 10,237.49 cror
Slide 35: Balance Sheet and PL– Consolidated
Balance Sheet and PL– Consolidated Particulars Particulars Jun’23 Mar ’24 Jun ’24 Q1FY24 Q1FY25 YOY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Net Interest Income 11,942 12,561 5.2 Capital 1,036 1,036 1,036 Share Application Money Pending Non-Interest Income 5,316 4,658 -12.4 0 0 0 Allotment
Slide 36: Disclaimer
Disclaimer The information contained in this presentation is provided by Bank of Baroda (the “Bank”) to you solely for your information. This document is highly confidential and being given solely for your use and may not be retained by you and neither this presentation nor any part thereof may be (
Slide 37: Thank you