Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q1 FY2019-20 Earnings Presentation
40 slides from Bank Of Maharashtra's earnings presentation, June 2019
Slide 1: Financial Results Q1 FY 2019-20
FINANCIAL RESULTS Q1 FY 2019-20 Qs 31H WERTse Bank of Maharashtra UR WPR HI GAA ——_ _ fe __ss ___ss 7?e___ Ce@ Uleale_ C@ aw www.bankofmaharashtra.in
Slide 2: Key highlights as on 30th June 2019
1. Total Business increased to Rs 231972.52 crore as on 30th June, 2019 as against Rs 219458.33 crore as on 30th June, 2018 2. Total Deposit increased to Rs 138940.94 crore as on 30th June, 2019 as against Rs 135410.85 crore as on 30th June, 2018 3. CASA deposit increased to Rs 66801.15 crore as on
Slide 3: Key performance indicators snapshot
Total Deposits CASA Gross Advances Net NPA 2.61% 10.69% 6.48% 622 bps Provision NIM Net Profit Cost to Income % Coverage Ratio 81.09 Cr 81.24% 26 bps 747 bps
Slide 4: Balance sheet
As on % Growth LIABILITIES 30.06.2018 31.03.2019 30.06.2019 Y-o-Y Q-o-Q Capit al 2598 2753 5824 124.14% 111.56% Reserves and Surplus 6210 2986 4626 (25.51%) 54.93% Deposit s 135411 140650 138941 2.61% (1.22%) Borrowings 3632 10149 3205 (11.74%) (68.42%) Ot her Liabilit ies & Provisions 3194 7997 320
Slide 5: Business performance
As on % Growth Particulars June 18 Mar 19 June 19 Y-o-Y Q-o-Q Total Business 219458 234117 231973 5.70% (0.92%) Deposits 135411 140650 138941 2.61% (1.22%) of which CASA 62737 69830 66801 6.48% (4.34%) CASA Share (%) to Total Deposit 46.33% 49.65% 48.08% 175 BPS -157 BPS Gross Advances 84047 93467 9
Slide 6: Total Deposits and CASA
Total Deposits CASA Deposit 72000 69830 135411 138941 140650 68000 66801 150000 130000 62737 110000 64000 90000 60000 70000 50000 June 18 Mar 19 Jun 19 56000 June 18 Mar 19 Jun 19 Savings Term Deposit 40% 52% CASA 48% Current 8% 6 @mahabank
Slide 7: Advances and CD ratio
120000 68.00 66.96 66.45 110000 66.00 100000 93467 93032 64.00 90000 84047 80000 62.00 62.07 70000 60.00 60000 50000 58.00 June 18 Mar 19 Jun 19 Advances CD Ratio (%) 7 @mahabank
Slide 8: Gross advances: priority and non-priority sector
As on % Growth June'19 Particulars Jun 18 Mar 19 Jun 19 Y-o-Y Q-o-Q Gross Advances 84047 93467 93032 10.69% -0.47% Priorty Sector 38% of which Non Priorty Sector Priorty Sector 35668 35426 34925 -2.08% -1.41% 62% Non-Priorty Sector 48379 58036 58107 20.11% 0.12% 8 @mahabank
Slide 9: Retail, Agriculture and MSME advances
As on % Growth Particulars Jun 18 Mar 19 Jun 19 Y-o-Y Q-o-Q Gross Advances 84047 93467 93032 10.69% (0.47%) of which Retail Sector 19330 18805 18415 (4.73%) (2.07%) Agriculture Sector 14309 15120 14776 3.26% (2.28%) MSME Sector 14834 13727 13547 (8.68%) (1.31%) Total RAM 48473 47652 46738 (3.58%) (1
Slide 10: Sector-wise exposure: CRE, NBFC, Infrastructure
Jun 18 Mar 19 Jun 19 % Growth % Growth Sector Amount Amount Amount Y-o-Y Q-o-Q CRE 2828 2414 2501 (11.57%) 3.58% NBFC 6412 10151 11709 82.60% 15.34% Infra. 9944 9427 10082 1.39% 6.95% of which Power 4314 5209 5645 30.85% 8.36% Telecom 1093 11 0 (100.00%) (100.00%) Roads 3009 2656 2667 (11.38%) 0.38%
Slide 11: NBFC and HFC exposure by rating
As on Particulars Jun 18 Mar 19 Jun 19 HFC Other NBFC HFC Other NBFC HFC Other NBFC AAA 714 493 1,978 2,473 2,852 2,499 AA 801 2,901 717 1,901 928 1,739 A 186 846 854 1,243 241 1,391 BBB 71 586 20 199 15 162 BB & Below - 34 - 263 603 340 Total Rated Borrowers 1,772 4,860 3,569 6,078 4,639 6,131 Tota
Slide 12: SMA-1 and SMA-2 accounts
Jun-18 Mar-19 Jun-19 Particulars No. of No. of No. of Amount Amount Amount Accounts Accounts Accounts SMA-1 55214 3822 44420 3335 31185 2042 SMA-2 35399 1942 27506 1131 17557 1310 Total 90613 5764 71926 4466 48742 3351 12 @mahabank
Slide 13: Asset classification
As on Jun 18 Mar 19 Jun 19 Particulars % of % of % of Amount Amount Amount G Adv G Adv G Adv Standard 66247 78.82% 78142 83.60% 76382 82.10% Sub-Standard 4209 5.01% 4165 4.46% 4311 4.63% Doubtful 12859 15.30% 10296 11.02% 11337 12.19% Loss 733 0.87% 863 0.92% 1002 1.08% Total NPA 17800 21.18% 15324
Slide 14: Provision coverage ratio
Provision Coverage As on Ratio Particulars 100.00 Jun 18 Mar 19 Jun 19 80.00 81.49 81.24 PCR (%) 70.39 70.96 48.46% 70.39% 70.96% 60.00 62.19 48.46 (excl technical written-off) 40.00 PCR (%) 62.19% 81.49% 81.24% 20.00 (incl technical written-off) 0.00 JUN-18 MAR-19 JUN-19 PCR (excluding TWO) PCR (in
Slide 15: NPA movement
Quarter Ended Particulars June 18 Mar 19 June 19 Opening Gross NPA 18433 15509 15324 Less Cash Recov eries 858 572 330 Less Upgradat ion 266 395 106 Less Writ e Off 1685 325 9 Total Reduction [A] 2810 1292 445 A dd Slippages 2071 1085 1731 A dd Variat ion 106 21 39 Total Addition [B] 2177 1107 1770
Slide 16: Sector-wise NPA
As on June 18 Mar 19 June 19 Sectors Sector Sector Sector Sector Sector Sector Adv Adv Adv NPA NPA % NPA NPA % NPA NPA % Agriculture 14309 2820 19.71% 15120 2914 19.27% 14776 3334 22.56% Retail 19330 828 4.28% 18805 663 3.53% 18415 768 4.17% SME 13963 2924 20.94% 13011 2301 17.69% 12839 2420 18.85%
Slide 17: Retail credit NPA
As on As on As on June 18 Mar 19 June 19 Sector Sector Sector Sector Sector Sector Sector G Adv G Adv G Adv NPA NPA % NPA NPA % NPA NPA % Total Retail Credit 19330 828 4.87% 18805 663 3.53% 18415 767 4.17% of which Housing 13624 642 4.67% 12052 520 4.31% 11598 596 5.14% Education 1009 107 10.55% 108
Slide 18: NCLT cases and IBC accounts
Other NCLT Grand NCLT Cases as on 30.06.2019 RBI List 1 RBI List 2 Total Cases Total No. of Account s 7 12 19 90 109 No of Cases where Resolut ion Plan has approved 3 0 3 7 10 Number of account s referred under IBC as on 30t h June, 2019 7 12 19 90 109 Outst anding as on 30th June, 2019 2909 2557 54
Slide 19: Details of restructured accounts
Details of Restructured Standard NPA TOTAL Accounts as on No. of No. of No. of 30.06.2019 Accounts Amount Accounts Amount Accounts Amount CDR 0 0 7 441 7 441 SDR 0 0 11 2064 11 2064 Outside SDR 0 0 2 219 2 219 S4A 3 294 2 13 5 307 Others 83 320 82 972 165 1292 Sub-Total 86 0 0 614 104 0 37080 190 0
Slide 20: Restructured standard advances movement
As on Particulars June 18 Mar 19 June 19 Opening Standard Restructured Advances 1,360.72 147.15 515.45 Add: Additions in Restructured Accounts 0.14 438.85 212.68 Add: Upgradations 3.73 2.17 0.81 Less: Downgradations (418.64) - 45.17 Less: Ceased to attract (28.42) - 3.78 Add/Less: Additional Disburs
Slide 21: Large borrower accounts with exposure above Rs 2000 crore
Particulars No of accounts No of accounts wherein our bank is having exposure and overall borrowings 142 from the banking sector is Rs.2000 crore and beyond Out of which Out of above, accounts wherein no default is reported as on 30/06/2019 118 Accounts wherein default is reported as on 30/06/2019 2
Slide 22: Investment portfolio
As on % Change PARTICULARS June 18 Mar 19 June 19 Y-O-Y Q-o-Q A. SLR Investments (i) HFT 209 0 0 - 209.00% (ii) AFS 8990 7118 4300 (52.17%) (39.60%) (iii) HTM 26754 27053 26460 (1.10%) (2.19%) Total SLR Investment 35953 34171 30759 (14.45%) (9.98%) B. Non SLR Investments (i) HFT 0 0 0 (21.74%) (20.0
Slide 23: Interest income
Quarter Ended % Change Particulars June 18 Mar 19 June 19 Y-o-Y Q-o-Q Interest on Advances 1620 1641 1522 (6.04%) (7.24%) Interest on Investment 817 1019 1028 25.81% 0.87% Other Interest Income 204 116 223 9.12% 91.91% Total Interest Income 2641 2775 2773 4.98% (0.09%) Interest Income 2800 2775 2773
Slide 24: Interest expenses
Quarter Ended % Change Particulars June 18 Mar 19 June 19 Y-o-Y Q-o-Q Interest on Deposits 1695 1680 1691 (0.25%) 0.63% Other Interest Exp. 87 96 85 (2.25%) (11.17%) Total Interest Exp 1782 1775 1776 (0.35%) 0.05% Interest Expenses 1790 1782 1782 1775 1776 1774 1766 1758 1750 June 18 Mar 19 Jun 19 2
Slide 25: Net interest income and margin
Quarter Ended % Change Particulars June 18 Mar 19 June 19 Y-o-Y Q-o-Q Net Interest Income 858 1000 997 16.18% (0.32%) NIM (%) (on Avg Interest earning 2.33 2.64 2.59 Assets) Net Interest Income Net Interest Margin 1100 3.00 2.64 2.59 1000 997 1000 2.33 900 858 2.00 800 700 1.00 June 18 Mar 19 Jun 19
Slide 26: Non-interest income
Quarter Ended % Variation Particulars June 18 Mar 19 June 19 Y-o-Y Q-o-Q Comm., Exchange & 186 233 183 (1.31%) (21.41%) Brokerage Comm., on Gov t. Business 5 6 4 (12.29%) (31.00%) Fee Based Income 190 239 187 (1.58%) (21.65%) Recov ery in written off 21 50 53 151.96% 5.52% accounts Miscellaneous Inc
Slide 27: Operating expenditure
Quarter Ended % Variation Expenditure Item June 18 Mar 19 June 19 Y-o-Y Q-o-Q Staff Expenses 473 461 430 (9.10%) (6.73%) of which AS 15 Provision 187 170 108 (42.35%) (36.59%) Other Operating Expenses 262 423 328 25.06% (22.54%) Total Op. Expenditure 735 884 758 3.08% (14.29%) 27 27 @mahabank
Slide 28: Non-interest expenses
Expenditure Item Quarter Ended %Variation (Excl Staff Exp) June 18 Mar 19 June 19 Y-o-Y Q-o-Q Rent, t axes, light ing 52.22 51.09 52.71 0.94% 3.17% Print ing & Stationery 4.37 5.21 4.10 (6.18%) (21.31%) Advt . & Publicit y 2.36 2.24 2.60 10.17% 16.07% Depreciat ion on fixed assets 24.54 119.13 52.56
Slide 29: Provisions and contingencies
Quarter Ended Particulars June 18 Mar 19 June 19 Non Performing Assets 1510.1 236.73 1,037.44 St andard/Restruct ured Asset s (58.23) 141.45 (98.46) Depreciat ion on Invest ment s 134.97 (9.21) (5.02) Non-performing Invest ment 35.45 (1.61) 5.69 Other provisions (net of write back) 10.59 47.43 (18.9
Slide 30: Profit and loss summary
Quarter Ended Particulars June 18 Mar 19 June 19 Total Income 2987 3161 3192 Total Expenses 2517 2660 2533 Operating Profit 470 501 658 Provisions & Contingencies other than 1633 415 921 taxes Profit before tax (1163) 86 (262) Tax Expense (44) 14 (343) Net Profit (1119) 72 81 30 @mahabank
Slide 31: Key ratios
Quarter Ended Particulars June 18 Mar 19 June 19 Cost of Deposit s (%) 4.99 4.93 4.88 Y ield on Advances (%) 7.43 7.66 7.02 Y ield on Invest ments (%) 7.10 7.34 7.19 Cost of Funds (%) 4.51 4.33 4.33 Y ield on Funds (%) 6.69 6.77 6.77 NI M (%) 2.33 2.64 2.59 Cost t o Income (%) 60.97 63.83 53.50 Ret
Slide 32: Cost and yield trends
Cost of Deposit, Yield on Adv & Yield on Invest. [Qtr %] Cost of funds & Yield on funds [Qtr %] 8.00 7.43 7.66 7.19 7.10 6.69 6.77 6.77 7.00 7.34 6.50 7.02 4.99 4.93 5.00 5.00 4.51 4.88 4.33 4.33 3.50 3.00 Jun 18 Mar 19 Jun 19 Jun 18 Mar 19 Jun 19 Yield on Advances Yield on Investment Yield on Funds
Slide 33: Capital adequacy
As on Particulars June 18 Mar 19 June 19 Risk Weighted Assets 75331 72110 72409 % of RWA to Gross Adv ances 89.63% 77.15% 77.83% Tier I Capital 6075 7148 7032 CET I Capital 6047 7127 7011 Additional Tier I Capital 28 21 21 Tier I I Capital 1564 1404 1436 Total Capital Funds 7639 8551 8468 Tier I Rat
Slide 34: Branch network and staff
As on Category of Branch June 18 Mar 19 June 19 2 Metro 474 466 466 31 5 Urban 329 325 325 39 Semi- Urban 428 426 426 5 1 30 Rural 615 615 615 1 82 Total Branches 1846 1832 1832 35 10 1 13 1 67 7 1 144 31 1 As on 36 1 Particular 8 June 18 Mar 19 June 19 1,121 27 Number of ATM 1874 1858 1860 500 + 17
Slide 35: Digital banking users and transactions
No. of Registered Users As on June 18 Mar 19 June 19 (in lakhs) No. No. No. Maha Mobile 4.92 6.12 6.55 UPI 0.84 1.03 1.08 Internet Banking 10.10 11.31 11.58 ATM (cards issued) 67.17 52.95 58.06 BHIM 5.04 8.56 9.19 June 18 (Qtr) Mar 19 (Qtr) June 19 (Qtr) Transactions No. (in Lakhs) Amount No.(in Lak
Slide 36: Shareholding pattern
30.06.2018 30.06.2019 PARTICULARS No. of Share % Holding No. of Share % Holding Govt of india 226.09 87.01% 538.66 92.49% Bank FIS & Insurance Co. 23.52 9.05% 23.30 4.00% FII, NRI & OCBs 0.62 0.24% 0.88 0.15% Others 9.62 3.70% 19.57 3.36% Total 259.85 100.00% 582.41 100.00% As on 30th June 2019 Govt
Slide 37: Awards and recognition
IBA Technology Rajbhasha Kirti Puraskar Award: Best Financial for better implementation of inclusion Initiative Rajbhasha Hindi EASE Banking Reform Awards, 2019: First Runner-up SKOCH AWARD in the field of Bank received Skotch Order-Of-Merit Award for Financial Inclusion for Qualifying amongst Top d
Slide 38: Social media handles
@mahabank @mahabank @BankofMaharashtraOfficial @mahabank @mahabank @mahabank 38 @mahabank
Slide 39: Safe Harbor
NY Safe Harbor The information contained herein speaks only as of the particular date or dates included in the accompanying slides. Bank has taken all the precautions for accuracy of data. However, bank is not responsible and will not be held liable to any one for any unintended error. Bank of Mahar
Slide 40: Thank You
Bank of Maharashtra URNA GPR HT Say Ce trate Cwmaad ———<$_— Thank You if ] iy] in] @mahabank
Bank of Maharashtra — Q1 FY2019-20 Earnings Presentation on 6ix