Idbi Bank Limited · NSE:IDBI
Idbi Bank — FY2022 Earnings Presentation
45 slides from Idbi Bank's earnings presentation, May 2, 2022
Slide 1: Exchange filing cover letter
at-if-A-41m i ei di 6 IDBI Bank Limited OW-Ac14 : 31 31T Regd. Office : IDBI Tower, waft oTei<re, WTC Complex, Cuffe Parade, CIN: L65190MH2004G01148838 - 400 005. Mumbai - 400 005. LP : (+91 22) 6655 3355, 2218 9111 TEL.: (+91 22) 6655 3355, 2218 9111 471: (+91 22) 2218 0411 1- FAX : (+91 22) 2218 0
Slide 2: Investors Presentation Financial Results FY 2021-22
INVESTORS PRESENTATION FINANCIAL RESULTS FY 2021-22 May 02, 2022 Page 1
Slide 3: Disclaimer
Disclaimer The information in this presentation is being provided by IDBI Bank Limited (referred to as ‘the Bank’). The information contained in this presentation is confidential and may not be copied, published, distributed, transmitted or advertised in any media, website or otherwise. By attending
Slide 4: Content
Content 1 Highlights 2 Financial Performance 3 Business Performance 4 Treasury Operations 5 Asset Quality 6 Capital 7 Digital Banking and Financial Inclusion 8 Subsidiaries 9 Way Forward Page 3
Slide 5: Highlights
Highlights Page 4
Slide 6: Major Highlights for FY 2022 – Continued Balance Sheet Strengthening
Major Highlights for FY 2022 – Continued Balance Sheet Strengthening NIM - 3.73% PAT - Rs.2439 crore Operating Profit Rs.7495 crore NII - Rs.9162 crore NIM excl. interest on IT Refund PBT - Rs.3609 crore - 3.59% ROA - 0.84% Cost to Net Income Ratio Total CRAR – 19.06% Total RWA ROE - 13.60% 45.89% T
Slide 7: Key Metrics for FY 2022
Key Metrics for FY 2022 Profitability - Strong operating momentum PAT at Rs.2439 crore, up by 79% YoY PBT at Rs.3609 crore, up by 52% Operating Profit at Rs.7495 crore up by 7% NII at Rs.9162 crore, grew by 7% YoY. NII excl. interest on IT refund at Rs.8809 crore, grew by 22% YoY NIM at 3.
Slide 8: Key Metrics for FY 2022 (contd.)
Key Metrics for FY 2022 (contd.) Asset Quality - Improving Trend Net NPA at 1.27%, reduction of 70 bps YoY GNPA at 19.14%, reduction of 323 bps YoY PCR stood at 97.63%, improved by 73 bps YoY Capital - Adequately Capitalised Tier 1 Capital at 16.68%, up by 362 bps Total CRAR at 19.06%, up
Slide 9: Financial Performance
Financial Performance Page 8
Slide 10: Profit & Loss
Profit & Loss (Rs.Crore) Quarter ended Variance FY Ended Particulars Variance % Mar-21 Dec-21 Mar-22 YoY% QoQ% Mar-21 Mar-22 Interest Income 5781 4625 4600 (20) (1) 19938 18295 (8) Interest Expenses 2542 2242 2179 (14) (3) 11414 9133 (20) Net Interest Income 3239 2383 2421 (25) 2 8524 9162 7 Net Int
Slide 11: Net Interest Income
Net Interest Income (Rs.Crore) Quarter ended Variance FY Ended Particulars Variance% Mar-21 Dec-21 Mar-22 YoY% QoQ% Mar-21 Mar-22 Interest Income Interest on Advances 2902 2785 3182 10 14 11819 12032 2 Interest on Invest. 1376 1342 1279 (7) (5) 5813 5299 (9) including bal. with RBI & Other Inter Ban
Slide 12: Profitability
Profitability (Rs.Crore) 129 243 86 (269) (818) (1724) 691 512 35% -25% -24% +18% +11% -72% +270% PAT Q4 FY21 Net Interest Income Other Income Employee Cost Other Op. Cost Prov. & Contg. Tax PAT Q4 FY22 (Excl. Tax) 638 292 131 17 159 (779) 2439 79% 1359 +7% +3% +1% +10% -17% +16% PAT FY21 Net Intere
Slide 13: Other Income
Other Income (Rs.Crore) Quarter ended Variance FY Ended Particulars Variance% Mar-21 Dec-21 Mar-22 YoY % QoQ % Mar-21 Mar-22 Commission, exchange and brokerage 519 450 525 1 17 1747 1814 4 Profit/ (Loss) on sale of investments 91 151 12 (87) (92) 1722 1058 (39) Profit/(Loss) on revaluation of invest
Slide 14: Provisions & Contingencies
Provisions & Contingencies (Rs.Crore) Quarter ended Variance FY Ended Particulars Variance Mar-21 Dec-21 Mar-22 YoY QoQ Mar-21 Mar-22 Depreciation on Investment 908 59 1052 144 993 2022 1923 (99) Provision – NPAs (1120) 940 (300) 820 (1240) (2571) (588) 1983 Provision – Standard Assets 708 (645) (46
Slide 15: Yield Ratios (cumulative)
Yield Ratios (cumulative) Yield on Advances NIM 11.11% 9.70% 4.06% 3.65% 3.73% 9.97% 9.49% 9.68% 3.54% 3.38% FY 21 Jun 21 Sep 21 Dec 21 FY 22 FY 21 Jun 21 Sep 21 Dec 21 FY 22 Cost To Net Income 46.23% 43.50% 45.89% 40.36% 32.30% FY 21 Jun 21 Sep 21 Dec 21 FY 22 Page 14
Slide 16: Cost of Funds & Cost of Deposits (cumulative)
Cost of Funds & Cost of Deposits (cumulative) Cost of Deposits 4.29% 3.72% 3.66% 3.61% 3.56% FY 21 Jun 21 Sep 21 Dec 21 FY 22 Cost of Funds 4.56% 3.98% 3.93% 3.88% 3.84% FY 21 Jun 21 Sep 21 Dec 21 FY 22 Page 15
Slide 17: Business Performance
Business Performance Page 16
Slide 18: Balance Sheet
Balance Sheet (Rs.Crore) As at Mar-21 Dec-21 Mar-22 LIABILITIES Capital 10752 10752 10752 Reserve & Surplus 26059 27807 30910 Deposits 230852 222570 233134 Borrowings 15908 16291 14345 Other Liabilities & Provisions 14193 13829 12278 Total 297764 291249 301419 ASSETS Cash & Balance with RBI 13013 14
Slide 19: Business Performance
Business Performance Total Deposit CASA 1% YoY CASA Deposits 56.77% 233134 CASA Share 230852 54.69% 5 % QoQ 222570 50.44% 132359 121731 116446 Mar 21 Dec 21 Mar 22 Mar 21 Dec 21 Mar 22 Deposit Mix Deposit Mix 49.56% 45.31% 43.23% 12141 26821 12657 55% YoY 4% QoQ Time Deposits to Total Deposits % 886
Slide 20: Business Performance
Business Performance Saving Deposits Retail Deposits 1% YoY 14% YoY 1% QoQ 7% QoQ 86804 88634 80881 88181 87585 75891 Mar 21 Dec 21 Mar 22 Mar 21 Dec 21 Mar 22 Current Deposits Bulk Deposits 55% YoY 12% YoY 4% QoQ 12% QoQ 45555 26821 40555 40851 12657 12141 Mar 21 Dec 21 Mar 22 Mar 21 Dec 21 Mar 22
Slide 21: Business Performance and Advances
Business Performance and Advances Gross Advances Structured Retail Assets Retail Advances Agri Advances MSME Advances Corporate Housing Loan Loan Against Property Auto Loan Education Loan Personal Loan 586 561 540 1022 1013 999 38% 37% 37% 1810 1841 1868 12446 12914 12789 8% 13% 14% 12% 60756 61412
Slide 22: Business Performance
Business Performance Gross Advances Standard Gross Advances Corporate Retail Corporate Retail 161901 178207 167317 144092 125689 132912 100467 106839 93515 93699 100236 99788 62113 58250 62368 32174 30613 34856 Mar-21 Dec-21 Mar-22 Mar-21 Dec-21 Mar-22 Corporate : Retail (Ratio) Net Advances Corpora
Slide 23: Priority Sector
Priority Sector (Rs.Crore) Mar 21 Dec 21 Mar 22 Growth over Particulars Amount % of ANBC Amount % of ANBC Amount % of ANBC March-21 1 2 3 4 5 6 7 (8)=[(6)-(2)] ANBC 169317 151635 152079 Priority Sector Advances (a+b+c) 69334 40.95 73231 48.29 67583 44.44 (1751) (a) Agriculture (i+ii+iii+iv) 29467 17
Slide 24: Treasury Operations
Treasury Operations | @)IDBI BANK] Pese2s
Slide 25: Investments
Investments (Rs.Crore) AFS BREAKUP Category Mar-21 Dec-21 Mar-22 4351 HTM 57172 57437 61440 AFS 23151 20440 20451 HFT 700 424 1097 3307 11991 Total 81023 78301 82988 Government securities 802 Shares (Equity& Preference) Debentures/ Bonds Modified Duration of AFS Portfolio CPs/CDs/MF/VCF/PTC'S,Securi
Slide 26: Asset Quality
Asset Quality | @)IDBI BANK] Peses
Slide 27: COVID-19 – Provision Details
COVID -19 – Provision Details (Rs.Crore) Particulars Sep-21 Dec-21 Mar-22 In QE March 2020 247 247 - In QE June 2020 116 116 116 COVID Second Wave (Additional provision in QE March 2021) 500 500 - COVID Restructuring in QE June 2021/ Sep 2021/ Dec 2021/Mar 2022 484 484 415 Total COVID 19 Provision h
Slide 28: Asset Quality
Asset Quality PCR improved to 97.63% (Mar 2022) from 96.90% (Mar 2021) (Rs.Crore) Particulars Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Gross Advances 161901 156698 157506 167317 178207 Gross NPAs 36212 35594 34408 34405 34115 Gross NPAs as % of Gross Advances 22.37 22.71 21.85 20.56 19.14 Total Provisions
Slide 29: NPA Movement
NPA Movement (Rs.Crore) DESCRIPTION Q4 FY 21 FY 21 Q1 FY 22 Q2 FY 22 Q3 FY 22 Q4 FY 22 FY 22 Opening Balance 37559 47272 36212 35594 34408 34405 36212 Add: a. First Time NPA #2281 2382 1332 1438 1639 763 5172 b. Increase in existing NPA 74 250 245 103 201 145 694 Less: c. Settled 1233 4518 587 1436
Slide 30: NCLT – Summary
NCLT – Summary (Rs.Crore) NCLT Admitted PCR % DA 3 and Loss DA 2, DA 1 & SSA TWO 47334 100% 100% 100% 100% 29446 30206 684 9359 7769 17204 RBI List 1 RBI List 2 Others Total RBI List 1 RBI List 2 Others Total Asset Class of NCLT Cases Filed But Not Admitted PCR% Filed By 11360 11360 100% 9523 78% 73
Slide 31: SMA Position
SMA Position (Rs.Crore) SMA 0 SMA 1 SMA 2 7007 6385 5024 4693 4505 2466 2700 2298 2367 2319 2290 2285 1940 1759 1621 1582 1580 946 821 640 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Corporate Retail 5146 5928 4141 3867 3284 1239 1079 883 826 1221 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 SMA includes NFB of Rs.472
Slide 32: Capital
Capital | @) IDBI BANK |
Slide 33: Capital Adequacy
Capital Adequacy (Rs.Crore) Particulars Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 CET 1+CCB (Rs.) @ 20572 21044 21295 21359 25787 AT 1 (Rs.) - - - - - Tier 1 Capital (Rs.) 20572 21044 21295 21359 25787 Tier 2 Capital (Rs.) 3981 4004 3932 3953 3672 Total Capital (Rs.) 24553 25048 25227 25312 29459 RWA (Rs.)
Slide 34: Shareholding Pattern
Shareholding Pattern (Rs.Crore) Mar 2021 Mar 2022 1.65% 3.63% 0.39% 4.89% 45.48% 45.48% 49.24% 49.24% LIC GOI FI/FPI/Banks/MF/Insurance Others LIC GOI FI/FPI/Banks/MF/Insurance Others Particulars Mar-21 Mar-22 Book Value (Rs. per share) Rs.28.39 Rs.30.87 Market Capitalisation Rs.41,451 Cr Rs.46,020
Slide 35: Digital Banking & Financial Inclusion
Digital Banking & Financial Inclusion Page 34
Slide 36: Digital Footprint
Digital Footprint Customer Induced Financial Transaction Analysis FY 2020 - 21 FY 2021 - 22 UPI ATM Cash withdrawl 1.92% 0.64% Branch Manual Transactions 2.53% Debit Card 3.73% 1.10% 1.83% 3.45% Branch Initiated Digital Transactions 4.84% 3.72% Internet Banking 5.81% 5.08% NACH 91% customer 94% cust
Slide 37: Digital Footprint for Q4 FY 2022
Digital Footprint for Q4 FY 2022 Internet Banking Users (In Lakhs) BHIM UPI Users (In Lakhs) Mobile Users (In Lakhs) 130.08 51.50 39.55 40.80 35.13 121.54 Mar-21 Mar-22 Mar-21 Mar-22 Mar-21 Mar-22 Merchant Base (In Lakhs) UPI Transactions (In Crores) Payment Acceptance Channels 1% 11% 2% 2.30 39554
Slide 38: Digital Products
Digital Products Smart way to control your Debit Card is here. =m | C9 1181 BANK | 1DBI Bank (ju) PrssscoK IDB! Bank Mobile Wallet io pAYRET [| iis) One click payment Shoplonline Hae fs) 4 a Enjoy the ease of paperless passbook service anytime on the Zo Cowntosd trom (ES EF EN ES ‘Send and receive F
Slide 39: Financial Inclusion
Financial Inclusion PMJDY ACCOUNTS Total PMJDY A/c (lakh) Aadhar Seeding under PMJDY 6.60 (Lakhs) 8.54 8.54 RuPaycards issued (Lakhs) 7.07 8.51 Sub Service Areas (Number) 490 8.49 8.48 Villages Covered (Number) 484 Mar, 2021 Jun, 2021 Sep, 2021 Dec, 2021 Mar, 2022 Transactions through Individual Bus
Slide 40: Financial Inclusion
Financial Inclusion MUDRA Yojana as on Mar 31, 2022 Sanction Outstanding (Rs.crore) 2407 1917 1424 908 111 60 Shishu (No. of A/c - 56771) Kishor (No. of A/c - 64269) Tarun (No. of A/c - 37533) Enrolment under Social security Scheme as on Mar 31, 2022 APY Subscription (in lakh) PMSBY Enrolments (in l
Slide 41: Subsidiaries
Subsidiaries [@)IDBI BANK] 292-0
Slide 42: Subsidiaries
Subsidiaries (Rs.crore) Income PAT RoA Net Worth Name of Company % Holding Line of Activity FY 2022 FY 2022 FY 2022 FY 2022 105.52 16.75 4.52% 329.52 IDBI Capital Market & Securities Ltd 100 Merchant Banking & Retail Broking (93.79) (7.51) (2.16%) (312.76) 141.73 16.95 16.00% 103.90 IDBI Intech Ltd
Slide 43: Way Forward
Way Forward | @) IDBI BANK |
Slide 44: Looking Ahead: Focus Area
Looking Ahead : Focus Area Explore avenues to achieve business growth of 10% to 12% and maintain corporate to retail ratio at 40:60 Focus on maximising fee income and maintaining NIM above 3.25%. Target to maintain CASA ratio above 50% Credit cost and net slippages ratio to be below 1.5% and 2.5% re
Slide 45: Thank You
THANK YOU www.idbibank.in = W@idbibank [FADBIBank © @idbibankofficial © CMVoulube/idbibank —[f\/idbibank By fet Free Nos 1800.209-4324 1 1800-22-1070.