Indian Overseas Bank · NSE:IOB
Indian Overseas Bank — Q4 FY2021-22 Earnings Presentation
43 slides from Indian Overseas Bank's earnings presentation, May 18, 2022
Slide 1: Indian Overseas Bank Performance Analysis Q4/FY 2021-22
इण्डियन ओवरसीज़ बैंक Indian Overseas Bank PERFORMANCE ANALYSIS Q4/FY 2021-22 18.05.2022
Slide 2: Index
INDEX Performance Highlights …………………………………………………………….. 03 Financial Performance …………………………………………………………….. 06 Business Performance …………………………………………………………….. 14 NPA Management …………………………………………………………….. 26 Capital Adequacy 30 …………………………………………………………….. Financial Inclusion …………………………………………………………….. 33 Di
Slide 3: Performance Highlights
PERFORMANCE HIGHLIGHTS Performance Analysis Q4/FY 2021-22
Slide 4: Performance Highlights FY 2021-22: Profitability and Business
PERFORMANCE HIGHLIGHTS FY 2021-22 Rs in Crore FY 20-21 FY21-22 Y-o-Y(%) CASA 102165 113877 11.46% CASA CASA% 42.52% 43.44% 92 bps Business Total Deposits 240288 262159 9.10% Home Loan 17668 20483 15.94% FY 20-21 FY21-22 Jewel Loan 28101 31280 11.31% Advances 139596 155801 11.61% Advances Business 37
Slide 5: Performance Highlights FY 2021-22: Asset Quality and Key Ratios
PERFORMANCE HIGHLIGHTS FY 2021-22 Rs in Crore FY 20-21 FY21-22 Y-o-Y(%) GNPA Gross NPA 16323 15299 -6.28% Quality Asset Net NPA 4578 3825 -16.45% GNPA% 11.69% 9.82% (187 bps) NNPA% 3.58% 2.65% (93 bps) FY 20-21 FY21-22 NNPA FY 20-21 FY21-22 Y-o-Y(%) Key Ratios PCR 90.34% 91.66% 132 bps FY 20-21 FY21
Slide 6: Financial Performance
FINANCIAL PERFORMANCE Performance Analysis Q4/FY 2021-22
Slide 7: Financials - At a Glance
FINANCIALS- AT A GLANCE Rs. in Crore Quarter Year Growth % Particulars Q4 21-22 Q4 21-22 FY 21-22 Q4 20-21 Q3 21-22 Q4 21-22 FY 20-21 FY 21-22 Over Over Over Q3 21-22 Q4 20-21 FY 20-21 Interest Income 4057 4198 4215 16966 16730 0.40% 3.89% -1.39% Interest Expenses 2654 2626 2605 11067 10419 -0.80% -
Slide 8: Total Income
TOTAL INCOME Rs. in Crore Quarter Year Growth % Q4 21-22 Q4 21-22 FY 21-22 Particulars Q4 20-21 Q3 21-22 Q4 21-22 FY 20-21 FY 21-22 Over Over Over Q3 21-22 Q4 20-21 FY 20-21 Interest on Loans 2446 2752 2688 10834 10665 -2.33% 9.89% -1.56% Interest on Investment 1439 1407 1464 5712 5675 4.05% 1.74% -
Slide 9: Total Expenses
TOTAL EXPENSES Rs. in Crore Quarter Year Growth % Q4 21-22 Q4 21-22 FY 21-22 Particulars Q4 20-21 Q3 21-22 Q4 21-22 FY 20-21 FY 21-22 Over Over Over Q3 21-22 Q4 20-21 FY 20-21 Interest on Deposits 2604 2573 2559 10701 10220 -0.55% -1.73% -4.50% Interest on Borrowings 51 53 46 366 199 -13.20% -9.80%
Slide 10: Provisions & Profit
PROVISIONS & PROFIT Rs. in Crore Quarter Year Growth % Q4 21-22 Q4 21-22 FY 21-22 Particulars Q4 20-21 Q3 21-22 Q4 21-22 FY 20-21 FY 21-22 Over Over Over Q3 21-22 Q4 20-21 FY 20-21 Operating Profit 1724 1527 1614 5896 5763 5.70% -6.38% -2.25% Provisions 1374 1073 1062 5065 4053 -1.03% -22.70% -19.98
Slide 11: Performance Ratios - Quarterly
PERFORMANCE RATIOS- QUARTERLY Cost of Deposits (%) Cost of Funds (%) 4.45 4.46 4.27 4.26 4.26 4.26 4.22 4.14 4.12 4.06 FY 20-21 FY 21-22 FY 20-21 FY 21-22 4.70 4.22 4.75 4.19 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Yield on Investment (%) Yield on Advances (%) 6.26 5.96
Slide 12: Performance Ratios - Quarterly
PERFORMANCE RATIOS- QUARTERLY Yield on Funds Net Interest Margin (%) 2.51 2.40 2.41 2.34 6.43 6.54 6.42 2.22 6.36 6.31 FY 20-21 FY 21-22 FY 20-21 FY 21-22 6.89 6.39 2.39 2.41 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Return on Assets (%) Cost to Income (%) 0.74 53.57 0.62
Slide 13: Valuations
VALUATIONS Particulars Q4 Mar-21 Q3 Dec-21 Q4 Mar-22 FY 20-21 FY 21-22 Return on Equity (%) 21.33 15.37 18.12 13.21 17.89 Basic & Diluted Earning per Share 0.21 0.24 0.29 0.51 0.92 Price Earning Ratio 75.19 84.71 62.11 31.63 19.62 Book value per share (in Rs) 4.11 6.37 6.54 4.11 6.54 Price/Book valu
Slide 14: Business Performance
BUSINESS PERFORMANCE Performance Analysis Q4/FY 2021-22
Slide 15: Business Performance - Global
BUSINESS PERFORMANCE- GLOBAL Rs. in Crore Particulars Mar-21 Dec-21 Mar-22 Q-o-Q (%) Y-o-Y (%) CASA 102165 105105 113877 8.35% 11.46% a)Retail Term Deposits 126901 131524 137234 4.34% 8.14% b)Bulk Deposits 8055 7166 7649 6.74% -5.04% c)Overseas Term Deposits 3167 3324 3400 2.29% 7.36% Term Deposits
Slide 16: Deposits Composition
DEPOSITS COMPOSITION Rs. in Crore Q-o-Q variation Y-o-Y variation Parameters Mar-21 Dec-21 Mar-22 Amount % Amount % Domestic-Deposits Savings Bank 85661 88253 96276 8023 9.09% 10615 12.39% Current Account 14927 15135 15731 596 3.94% 804 5.39% CASA 100588 103388 112007 8619 8.34% 11419 11.35% Term De
Slide 17: Risk Spread - Assets
RISK SPREAD- ASSETS Rs. in Crore Q-o-Q variation Y-o-Y variation Parameters Mar-21 Dec-21 Mar-22 Amount % Amount % Retail 34196 35501 36961 1460 4.11% 2765 8.09% Agri 35106 36874 38577 1703 4.62% 3471 9.89% MSME 26849 27437 29494 2057 7.50% 2645 9.85% Corporate/others 34116 37259 38170 911 2.45% 405
Slide 18: Retail Advances Performance
Rs. in Crore RETAIL ADVANCES PERFORMANCE % Share to Others, Domestic Retail Period Domestic Personal, 22% Advances Advances 3% Advances Mar-21 130267 34196 26.25% Home, Dec-21 137072 35501 25.90% Vehicle, 55% Mar-22 143202 36961 25.81% 9% Retail Loan sanction (Rs in Crore) Education 3000 , 11% 2000
Slide 19: MSME
MSME Rs in Crore % Share to Domestic MSME Period Domestic Advances Advances Advances Mar-21 130267 26849 20.61% Dec-21 137072 27437 20.02% Mar-22 143202 29494 20.60% SHARE OF MSME ADVANCES AS ON 31.03.2022 Category Mar-21 Dec-21 Mar-22 Micro, Micro 16477 17228 18544 62.87% Small, 22.14% Small 6253 6
Slide 20: Agriculture Advance Performance
AGRICULTURE ADVANCE PERFORMANCE Rs. in Crore Agri % Share to Domestic Agri Advance Period Domestic Advances Advances (Including Advances RIDF) Mar-21 130267 35106 26.95% 36480 Dec-21 137072 36874 26.90% 38014 Mar-22 143202 38577 26.94% 39653 Performance Analysis Q4/FY 2021-22 Page 20
Slide 21: Priority Sector Advances - Overview
PRIORITY SECTOR ADVANCES -OVERVIEW Rs. in Crore 85000 54.78% 56.00% 49.48% 54.00% Priority Sector % of 80000 Financial Year 46.77% 52.00% Achievement achievement 75000 50.00% 2019-20 70000 48.00% 76135 49.48% 46.00% (Avg of 4 Qtrs) 65000 76135 74579 79570 44.00% 2020-21 60000 42.00% 74579 46.77% (Av
Slide 22: Agri Advances - Priority Sector
AGRI ADVANCES – PRIORITY SECTOR Rs. in Crore 40000 30.00% 24.94% 35000 20.28% 25.00% 19.53% 30000 20.00% 25000 15.00% 20000 10.00% 15000 5.00% 30047 32334 36224 10000 0.00% 2019-20 (Avg of 4 Qtrs) 2020-21 (Avg of 4 Qtrs) 2021-22 (Avg of 4 Qtrs) Achievement Amount Achievement % Target Achievement Fin
Slide 23: Investments
INVESTMENTS Rs. in Crore Global Investments 100616 98412 97073 96480 95306 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Parameters Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Domestic Investments 94686 92580 91211 93145 96409 SLR 63421 61669 60288 84777 66154 Non SLR 31265 30911 30923 8368 30255 Held to Maturity 72184
Slide 24: Initiatives During the Year
INITIATIVES DURING THE YEAR The Bank has partnered with M/s Payswiff Solutions Pvt Ltd for providing end-to-end POS Business solutions to our customers. End-to end activation of Internet Banking (registration, approval, activation) for retail customers. To augment the MSME portfolio, Bank has
Slide 25: Initiatives During the Year
INITIATIVES DURING THE YEAR To increase the Fee based income, Bank is offering Home insurance and motor insurance products in association with SBI General insurance company. To further strengthen the compliance culture, the Bank has revised its policy on credit compliance audit. To cater the T
Slide 26: NPA Management
NPA MANAGEMENT Performance Analysis Q4/FY 2021-22
Slide 27: NPA Management
NPA MANAGEMENT Rs. in Crore Details Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 FY 20-21 FY 21-22 i) Opening Gross NPAs 16753 16323 15952 15666 15427 19913 16323 a. Cash Recoveries 490 412 325 269 284 1213 1290 b. Upgradation 166 356 282 152 178 455 968 c. Write-Offs 2524 793 1155 1119 702 4618 3769 d. Sale
Slide 28: Segmental NPAs
SEGMENTAL NPAS Rs. in Crore Mar-21 Dec-21 Mar-22 Segmental NPAs NPA Ratio % NPA Ratio % NPA Ratio % Retail 1310 3.83% 1398 3.94% 1292 3.49% Agri 2608 7.43% 2816 7.64% 3039 7.88% MSME 3272 12.19% 3148 11.47% 3411 11.56% Corporate 7614 22.32% 6235 16.73% 5918 15.50% Overseas 1519 16.28% 1830 16.27% 16
Slide 29: Movement of NPA
MOVEMENT OF NPA GNPA NNPA 11.69% 11.48% 3.58% 3.15% 10.66% 10.40% 2.77% 2.63% 2.65% 9.82% Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 PCR 90.34% 91.56% 92.00% 92.33% 91.66% 74.94% 76.00% 76.62% 75.00% 71.96% Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 PCR (including techwrite off) P
Slide 30: Capital Adequacy
CAPITAL ADEQUACY Performance Analysis Q4/FY 2021-22
Slide 31: Capital Conservation
CAPITAL CONSERVATION Rs. in Crore Particulars Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Market Risk RWA 13884 12325 11687 12153 12491 Operational Risk RWA 10477 13402 13402 13402 13402 Credit Risk RWA 87644 87376 87827 86579 90176 Total RWA (A) 112005 113104 112917 112134 116069 CET 1 14462 14662 14502 145
Slide 32: Movement of CRAR & RWAs
MOVEMENT OF CRAR & RWAS CRAR 15.32% 15.48% 15.41% 15.41% 13.83% Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Total RWA to Advance Ratio Credit RWA to Advance Ratio 80.23% 62.78% 62.89% 81.40% 76.83% 59.77% 75.97% 74.50% 58.37% 57.88% Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Perfor
Slide 33: Financial Inclusion
FINANCIAL INCLUSION Performance Analysis Q4/FY 2021-22
Slide 34: Financial Inclusion
FINANCIAL INCLUSION PMJDY Account PMJDY Account Balance (Number in Lakhs) (Rs in Cr) 53.14 1932 52.77 1735 1226 50.52 Mar-20 Mar-21 Mar-22 Mar-20 Mar-21 Mar-22 PMJDY Zero balance Accounts Jan Suraksha Schemes (Number in Lakhs) (Number in Lakhs) 33.49 34.70 9.86 26.57 12.19 13.10 5.29 5.22 9.48 6.22
Slide 35: Digital Initiatives
DIGITAL INITIATIVES Performance Analysis Q4/FY 2021-22
Slide 36: Performance Analysis Q4/FY 2021-22 Page 36
Performance Analysis Q4/FY 2021-22 Page 36
Slide 37: Digital Outreach
DIGITAL OUTREACH No of Users 31.03.2022 Mobile Banking Registered users (In Lakhs) 51.64 Customer Internet Banking Registered users (In Lakhs) 22.29 Touch UPI Registered Users (In Lakhs) 54.47 Points ATMs/CDMs (No of outlet) 3355 Pass Book Kiosk (No of outlet) 997 Bank on Wheels 15 Alternate Deliver
Slide 38: Customer Touch Points
CUSTOMER TOUCH POINTS Domestic Presence Mar-21 Dec-21 Mar-22 Branches 3217 3214 3214 ATM 3145 3270 3355 BC 2739 2709 2659 MAR-22 BRANCHES MAR-22 ATM Rural, 783, Metro, 742, Rural, 902, Metro, 24% 22% 28% 698, 22% Semi Urban, 749, Urban, 22% Semi Urban, 653, 20% Urban, 1081, 32% 961, 30% Performance
Slide 39: Global Footprints
GLOBAL FOOTPRINTS Overseas Singapore Hong Kong Colombo Bangkok Branches JV Malaysia Subsidiary Remittance Singapore- Serengoon Road Centre STRATEGIC INVESTMENTS–JOINT VENTURE Indian Overseas Bank (35%) has a Joint Venture Bank in Malaysia with Bank of Baroda(40%) and Union Bank of India (25%), nam
Slide 40: Share Holding Pattern Mar-2022
SHARE HOLDING PATTERN MAR-2022 Category of Shareholder %share Government of India 96.38% FI/Banks 1.25% Foreign Portfolio Investor Government of India, 0.08% (Corporate) 96.38% Mutual Funds 0.04% Insurance Companies 0.02% Individual 1.60% ESOP/ESOS/ESPS 0.35% Bodies Corporate 0.17% NRI 0.05% Institu
Slide 41: Strategic Investments - Joint Venture
STRATEGIC INVESTMENTS – JOINT VENTURE IOB entered into Non Life Insurance Business with Universal Sompo General Insurance (USGI) Company Limited with equity participation of 18% along with the other Banks and Institutions SHAREHOLDING % Shareholding Name of Entity Investment 12.81% % 18.06% 6.00% In
Slide 42: Disclaimer
DISCLAIMER Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “fut
Slide 43: Thank You
Thank You visit us @ https://www.iob.in Performance Analysis Q4/FY 2021-22
Indian Overseas Bank — Q4 FY2021-22 Earnings Presentation on 6ix