Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q2 FY2022 Earnings Presentation
40 slides from Bank Of Maharashtra's earnings presentation, Sep 30, 2021
Slide 1: Financial Results Quarter/Half Year Ended Sep 30, 2021
FINANCIAL RESULTS Quarter/Half Year Ended Sep 30, 2021 www.bankofmaharashtra.in /mahabank www.bankofmaharashtra.in //mahabank
Slide 2: Major Financial Highlights
Major Financial Highlights (Y-o-Y) (Q: Sep 21 vis-à-vis Q: Sep 20) Net Profit Grew By Operating Profit Net Interest Margin (NIM) 103% to Rs. 264 Crore Increased By 40% Improved To 3.27% Cost Of Deposit Reduced By 47 Cost To Income Ratio Gross NPA declined Basis Points Improved To 46.76% to 5.56% Net
Slide 3: Business Performance
Business Performance (Y-o-Y) (Q: Sep 21 vis-à-vis Q: Sep 20) 11% 14% 6% 21% Gross Advances Retail Agriculture MSME 14% 14% 16% 54% Net Investments Total Deposit Saving Deposit Current Deposit 3 www.bankofmaharashtra.in //mahabank
Slide 4: Profitability
Profitability Quarter Ended ( ₹ In Crore ) Half Year Ended Operating Profit Operating Profit 1500 3000 1000 2000 1055 1061 2115 500 756 1000 1431 0 0 Sep 20 Jun 21 Sep 21 Sep 20 Sep 21 Net Profit Net Profit 600 300 400 264 472 150 208 200 130 231 0 0 Sep 20 Jun 21 Sep 21 Sep 20 Sep 21 4 www.bankofma
Slide 5: NII & NIM (%)
NII & NIM (%) Quarter Ended ( ₹ In Crore ) Half Year Ended Net Interest Income Net Interest Income 2,208 2,905 1406 1500 1120 Sep 20 Sep 21 Sep 20 Jun 21 Sep 21 NIM (%) 3.27 3.05 2.84 2.53 2.60 FY19 FY20 FY21 FY22-Q1 FY22-Q2 5 www.bankofmaharashtra.in //mahabank
Slide 6: Statement of Income & Expense
Statement of Income & Expense ( ₹ In Crore ) Half Year Ended Quarter Ended Particulars Sep-20 Jun-20 Sep-21 Y-o-Y(%) Sep-20 Sep-21 Y-o-Y(%) Total Income :- 3,270 3,739 3,700 13.16 6,499 7,439 14.47 Interest Income 2,868 3,104 3,207 11.84 5,764 6,311 9.49 Non Interest Income 402 635 493 22.61 735 1,1
Slide 7: Interest Earnings
Interest Earnings Quarter Ended ( ₹ In Crore ) Half Year Ended 5,764 6,311 2,868 3,104 3,207 Sep 20 Jun 21 Sep 21 Sep 20 Sep 21 Total Interest Income 2,868 3,104 3,207 Total Interest Income 5,764 6,311 Interest on Advances 1,708 1,952 1,941 Interest on Advances 3,399 3,894 Interest on Investment 1,0
Slide 8: Non-Interest Income
Non-Interest Income ₹ In Crore Quarter Ended Half Year Ended Particulars Sep-20 Jun-21 Sep-21 Y-o-Y (%) Sep-20 Sep-21 Y-o-Y (%) Fee Based Income 273 253 303 10.97 426 556 30.52 Treasury Income 125 300 113 (9.21) 300 414 37.91 Miscellaneous Income 4 82 76 1,867.27 9 158 1,721.63 Non-Interest Income 4
Slide 9: Interest Expense
Interest Expense Quarter Ended ₹ In Crore Half Year Ended 3,556 3,405 1,747 1,698 1,708 Sep 20 Jun 21 Sep 21 Sep 20 Sep 21 Total Interest Expense 1,747 1,698 1,708 Total Interest Expense 3,556 3,405 Interest on Deposit 1,632 1,605 1,609 Interest on Deposit 3,308 3,213 Other Interest Other Interest 1
Slide 10: Operating Expense
Operating Expense Quarter Ended ₹ In Crore Half Year Ended 987 932 1,918 766 2,000 1,512 1,000 - Sep 20 Jun 21 Sep 21 Sep 20 Sep 21 Total Operating Total Operating 766 987 932 1,512 1,918 Expense Expense Staff Expense 451 497 567 Staff Expense 937 1,064 Other Operating Other Operating 315 490 365 57
Slide 11: Other Operating Expense
Other Operating Expense (₹ In Crore) Quarter Ended HalfSep-21 Year Ended Expenditure Item (Excluding Staff Exp) Sep-20 Jun-21 Sep-21 Sep-20 Sep-21 Rent, taxes, lighting 58 65 47 106 112 Printing & Stationery 5 4 6 7 10 Depreciation on fixed assets 46 41 74 90 114 Directors Fees & Expenses 0.09 0.09
Slide 12: Provision & Contingencies
Provision & Contingencies ( ₹ in Crore ) Quarter Ended Half Year Ended Particulars Sep-20 Jun-21 Sep-21 Sep-20 Sep-21 Prov for Non Performing Assets Sep-20 (5) 449 583 370 1,032 less- Recovery in w/off accounts Prov for Standard/Restructured Assets 273 257 22 471 280 Prov for Non-performing Investme
Slide 13: Key Financial Ratios (%)
Key Financial Ratios (%) Yield on Funds Yield on Advances 6.82 6.78 7.68 7.58 7.48 6.42 6.46 7.23 7.22 6.19 FY19 FY20 FY21 FY22-Q1 FY22-Q2 FY19 FY20 FY21 FY22-Q1 FY22-Q2 Cost of Funds Cost of Deposit 4.47 4.26 4.99 4.81 3.77 4.17 3.38 3.44 3.73 3.76 FY19 FY20 FY21 FY22-Q1 FY22-Q2 FY19 FY20 FY21 FY22
Slide 14: Asset & Liabilities - An Overview
Asset & Liabilities - An Overview As on LIABILITIES Sep-20 Jun-21 Sep-21 (₹ In Crore) Capital 6,560 6,560 6,731 Reserves and Surplus 5,257 5,781 6,278 Deposits 1,58,626 1,74,378 1,81,572 Borrowings 5,288 7,662 7,873 Other Liabilities & Provisions 3,980 5,880 5,668 TOTAL 1,79,711 2,00,262 2,08,122 AS
Slide 15: Business Mix
Business Mix (₹ In Crore) As on Sep-20 Jun-21 Y-o-Y (%) PARTICULAR Sep-21 Total Business 2,62,034 2,84,970 2,96,808 13.27 Gross Advances 1,03,408 1,10,592 1,15,236 11.44 Total Deposits 1,58,626 1,74,378 1,81,572 14.47 Sep 20 Jun 21 Sep 21 38.83% 39.46% 38.81% 61.17% 60.54% 61.19% 15 Total Deposit Gr
Slide 16: CASA Deposit- Healthy & Sustainable Growth
CASA Deposit- Healthy & Sustainable Growth ( ₹ in Crore ) 100000 57 80000 55 60000 53 51 40000 49 20000 47 0 45 Sep 20 Jun 21 Sep 21 CASA 80,125 92,490 97,889 Saving Deposits 66,870 77,591 77,434 Current Deposits 13,255 14,900 20,455 CASA% 50.51 53.04 53.91 16 www.bankofmaharashtra.in //mahabank
Slide 17: Investments
Investments 72,821 72,285 63,581 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Sep 20 June 21 Sept 21 Gross Investment 63,581 72,821 72,285 HTM 40,425 47,943 48,123 AFS 23,075 24,877 24,101 HFT 80 1 60 17 www.bankofmaharashtra.in //mahabank
Slide 18: Credit Portfolio- Balanced Loan Growth
Credit Portfolio- Balanced Loan Growth (₹ In Crore) As on Growth Sep-20 Jun-21 Dec- Sep 20 -21 Particulars Y-o-Y(%) Gross Advances 1,03,408 1,10,592 1,15,236 11.44 of which Retail Sector 26,628 28,871 30,480 14.47 Agriculture Sector 16,039 15,914 17,040 6.24 MSME Sector 19,057 21,707 22,995 20.66 To
Slide 19: Retail
Retail ₹ In Crore Sep-20 Jun-21 Y-o-Y Sep-21 Particulars Growth % 27% Gross Advances 1,03,408 1,10,592 1,15,236 11.44 of which RETAIL 26,628 28,871 30,480 14.47 Housing 15,881 18,215 19,112 20.35 6% Education 1,255 1,255 1,325 5.56 63% Vehicle 1,450 1,779 1,844 27.15 4% Others 8,043 7,623 8,200 1.95
Slide 20: Agriculture
Agriculture ₹ In Crore Y-o-Y Sep-20 Jun-21 Sep-21 Growth % Particulars 26% Gross Advances 1,03,408 1,10,592 1,15,236 11.44 of which AGRICULTURE 16,039 15,914 17,040 6.24 3% 52% Farm Credit 3% 11,714 11,357 12,188 4.05 (Crop, Investment & Allied) Agri Infrastructure 429 486 493 14.98 16% Agri Ancilla
Slide 21: MSME
MSME As on ₹ In Crore 6% Y-o-Y Sep-20 Jun-21 Sep-21 Growth % Particulars Gross Advances 1,03,408 1,10,592 1,15,236 11.44 of which MSME 19,057 21,707 22,995 20.66 37% Micro 10,910 13,453 14,752 35.21 57% Small 7,129 6,759 7,011 (1.65) Medium 1,018 1,495 1,231 20.93 Micro Small Medium 21 www.bankofmah
Slide 22: External Rating-wise Advances - Above 25 cr
External Rating-wise Advances - Above 25 cr Sep-21 ₹ In Crore Jun - 21 Sep - 21 4.09 11.90 No. of O/s % to No. of O/s % to Borrower Amount Amount Borrower Amount 15.71 2.68 13.59 Particulars Amount 13.59 15.84 Total Eligible Exposure 250 49,086 100 258 49,682 100 for External Rating Jun-21 17.80 16.
Slide 23: Funded Exposure to Selected Sectors & Industries
Funded Exposure to Selected Sectors & Industries (more than 1%) - Sep 21 Top 3 selected sectors are Food Credit 1.11 Basic Metal & Metal Product 1.33 Infrastructure, Housing All Engineering 1.34 and Agriculture & Allied Education 1.39 Activites which cover 46% Commercial Real Estate 1.44 Vehicle Loa
Slide 24: Improved Asset Quality backed by High PCR
Improved Asset Quality backed by High PCR 1,20,000 1,00,000 80,000 60,000 40,000 20,000 - STANDARD SUB-STANDARD DOUBTFUL LOSS Sep 20 Jun 21 Sep 21 ₹ In Crore As on As on Particulars Sep-20 Jun-21 Sep-21 Standard 94,303 1,03,571 1,08,833 Sub-Standard 1,100 2,323 2,362 Doubtful 7,484 4,548 3,406 Loss
Slide 25: Gross & Net NPA (%)
Gross & Net NPA (%) 8.81 7.69 7.23 6.35 5.56 3.3 2.59 2.48 2.22 1.73 Sept 20 Dec 20 Mar 21 Jun 21 Sept 21 GROSS NPA [%] NET NPA [%] 25 www.bankofmaharashtra.in //mahabank
Slide 26: Provisions Coverage Ratio
Provisions Coverage Ratio 92.38 89.55 89.86 90.70 87.15 70.50 68.31 67.57 66.79 64.87 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 PCR [%] (including TWO) 87.15 89.55 89.86 90.70 92.38 PCR [%] (excluding TWO) 64.87 68.31 67.57 66.79 70.50 26 www.bankofmaharashtra.in //mahabank
Slide 27: Movement of NPA
Movement of NPA Quarter Ended Half Year Ended ( ₹ in Crore ) Particular Sep-20 Jun-21 Sep-21 Sep-20 Sep-21 Opening Level of Gross NPAs 10,559 7,780 7,022 12,152 7,780 Total Reductions 1,578 1,695 1,236 3,238 2,631 of which : Recovery + 556 649 645 678 1,662 Upgradation Gross Addition 125 937 618 191
Slide 28: Sector-wise Credit Deployment & NPA
Sector-wise Credit Deployment & NPA ( ₹ in Crore ) Sep - 20 Sector Jun - 21 Sector Sep - 21 Sector Particular Sector NPA Advance Sector NPA NPA(%) Advance Sector NPA NPA(%) Advance NPA(%) Agriculture 16,039 3,480 21.70 15,914 3,345 21.02 17,040 3,258 19.12 Retail 26,628 696 2.61 28,871 673 2.33 30,4
Slide 29: Retail Sector - NPA
Retail Sector - NPA ( ₹ in Crore ) Sep-20 Sector Jun-21 Sector Sep-21 Sector Sector Advance Sector NPA NPA(%) Advance Sector NPA NPA(%) Advance Sector NPA NPA(%) Total Retail Credit 26,628 696 2.61 28,871 673 2.33 30,480 503 1.65 of which Housing 15,881 552 3.47 18,215 469 2.57 19,112 332 1.74 Educa
Slide 30: Movement of SMA
Movement of SMA* ( ₹ in Crore ) Particulars Sep-20 Dec- 20 Mar- 21 Jun- 21 Sep- 21 SMA 1 1,703 6,206 2,735 2,624 3,212 SMA2 229 3,767 891 963 1,276 Total 1,932 9,973 3,626 3,587 4,487 SMA-1(% of Gross Advance) SMA-2(% of Gross Advance) 5.92 3.59 2.54 2.37 2.79 1.65 0.87 1.11 0.22 0.83 Sep 20 Dec 20
Slide 31: Restructuring of Std Advances – As On Date
Restructuring of Std Advances –AS ON DATE ( ₹ in Crore ) 6,000 5,996 4,946 5,000 4,000 2,633 3,000 1,602 2,000 1,174 1,000 - Sep 20 Dec-20 Mar-21 Jun-21 Sep-21 Total 1,174 1,602 2,633 4,946 5,996 Corporate 4 - 204 1,001 1,019 MSME 699 901 1,349 1,788 2,390 Agriculture 456 533 442 545 509 Retail 14 1
Slide 32: Restructuring of Std Advances – For the Quarter
Restructuring of Std Advances –For the Quarter ( ₹ in Crore ) 2,298 2,500 1,108 1,181 1,500 450 500 92 (500) Sep 20 Dec-20 Mar-21 Jun-21 Sep-21 Total 92 450 1,108 2,298 1,181 Corporate - - 204 793 - MSME 58 268 519 424 622 Agriculture 27 29 60 73 97 Retail 7 153 326 1,009 462 32 www.bankofmaharashtr
Slide 33: Restructuring of Advances
Restructuring of Advances ( ₹ in Crore ) Sector-wise COVID Restructuring under RP 1.0 as on 30.09.2021 RP Invoked RP Implemented (as on 31.03.21) RP Implemented (as on 30.09.21) Sector Amount Std Advance % to respective % to Total Amount % to respective % to Total Amount % to respective % to Total a
Slide 34: Capital Adequacy
Capital Adequacy 13.65 14.49 14.46 14.67 13.18 14 12 10 8 6 4 2 0 Sep 20 Dec 20 Mar 21 Jun 21 Sep 21 CRAR 13.18 13.65 14.49 14.46 14.67 Tier II Capital 2.87 3.11 3.52 3.46 3.29 Tier I Capital 10.31 10.54 10.97 11.00 11.38 Bank has raised Capital of Rs 403.70 crore 34 through QIP in July 2021 @ Rs 23
Slide 35: Digital Footprints (in Mio)
Digital Footprints (in Mio) E-transaction (%) Mobile Banking Transactions 94.66 94.02 94.17 93.89 1.3 1.0 1.2 0.9 0.8 91.89 Sep 20 Dec 20 Mar 21 Jun 21 Sep 21 Sep20 Dec20 Mar 21 Jun 21 Sep 21 ATM Card Base ATMs (Actuals) 11.0 9.6 10.0 1,950 1,990 2,023 8.5 9.0 1,728 1,721 Sep20 Dec20 Mar 21 Jun 21 S
Slide 36: Digital Footprints (in Mio)
Digital Footprints (in Mio) Internet Banking Users UPI /BHIM Transactions 1.7 192.3 2.0 1.4 1.5 1.6 144.6 1.4 118.0 130.0 75.5 1.0 .0 Sep20 Dec20 Mar 21 Jun 21 Sep 21 Sep20 Dec20 Mar 21 Jun 21 Sep 21 Mobile Banking Users UPI/BHIM Users 1.6 1.6 1.4 1.5 1.5 1.1 1.2 1.5 1.4 1.4 Sep20 Dec20 Mar 21 Jun 2
Slide 37: Equity Holding(%) & Ratios
Equity Holding(%) & Ratios As on 0.05 0.47 0.27 4.62 Particulars Sep-20 Jun-21 Sep-21 3.62 No. of Share (crore) 656.02 656.02 673.05 Networth (Rs in crore) 7,363 8,393 9,280 Book Value per share 11.22 12.79 13.79 Return on Equity (%) 7.64 9.91 11.45 (Quarter ended) 90.97 Govt of India Banks/ FIs/ In
Slide 38: Products & Services
Products & Services 38 www.bankofmaharashtra.in //mahabank
Slide 39: Products & Services
Products & Services 39 www.bankofmaharashtra.in //mahabank
Slide 40: Thank You
THANK YOU www.bankofmaharashtra.in /mahabank 40 www.bankofmaharashtra.in //mahabank
Bank of Maharashtra — Q2 FY2022 Earnings Presentation on 6ix