Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q3 FY2024-25 Earnings Presentation
30 slides from Dhanlaxmi Bank's earnings presentation, January 2025
Slide 1: Investor Presentation Q3-FY 2024-25
DhanlaxmiBank { Banking on Relationships forever Investor Presentation Q3-FY 2024-25
Slide 2: Board of Directors
BOARD OF DIRECTORS Shri. K.N Madhusoodanan Shri. Ajith Kumar K.K Shri. P. Suriaraj Shri. G. Rajagopalan Nair Shri. D. K. Kashyap PART-TIME CHAIRMAN MANAGING DIRECTOR & CEO EXECUTIVE DIRECTOR INDEPENDENT DIRECTOR RBI ADDITIONAL DIRECTOR DIRECTORS Shri. Sreesankar Dr. Nirmala Padmanabhan Ms. Vardhini
Slide 3: Performance Y-o-Y highlights
❖ Total Business of the Bank grew by 7.25% and reached ₹ 26,443 Crore as on December, 31 2024. ❖ Total Deposit of the Bank registered a growth of 5.07 % to reach ₹ 15,068 Crore. ❖ Gross Advance of the Bank grew by 10.29% to reach ₹ 11,375 Crore. ❖ Gold Loan Portfolio registered a growth of 32.82% to
Slide 4: Business Performance: Total Business
BUSINESS PERFORMANCE ₹ in Crore TOTAL BUSINESS 27000 ₹ 26,443 26000 ₹ 25,650 ₹ 25,084 25000 ₹ 24,654 ₹ 24,687 TOTAL 24000 BUSINESS Performance 23000 Y-o-Y 22000 21000 20000 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25
Slide 5: Total Deposit
₹ in Crore Retail Deposit TOTAL DEPOSIT 9% 5% ₹ 12,509 ₹ 12,612 16000 ₹ 12,279 ₹ 11,586 ₹ 11,571 ₹ 15,068 15000 ₹ 14,632 ₹ 14,340 ₹ 14,290 ₹ 14,441 14000 TOTAL 13000 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 DEPOSIT 12000 Performance 11000 Bulk Deposit 11% Y-o-Y ₹ 2,754 ₹ 2,719 10000 ₹ 2,456 ₹ 2,
Slide 6: Deposit Mix
₹ in Crore CA SA CASA CASA to Total Deposit % 3% ₹ 4,460 ₹ 4,504 ₹ 4,633 ₹ 4,602 31.10% 30.66% 31.19% 31.66% 30.54% ₹ 4,381 ₹ 3,592 ₹ 3,533 ₹ 3,610 ₹ 3,730 ₹ 3,704 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 ₹ 868 ₹ 848 ₹ 894 ₹ 903 ₹ 898 Retail TD to Total Deposit % 53.84% 53.83% 53.16% DEPOSIT Q3
Slide 7: Gross Advance
₹ in Crore Gross Advance 10% Retail Advance 13% ₹ 8,402 ₹ 8,595 12000 ₹ 7,574 ₹ 7,757 ₹ 8,018 ₹ 11,375 ₹ 11,018 11000 ₹ 10,643 ₹ 10,314 ₹ 10,397 GROSS 10000 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 ADVANCE 9000 Performance Y-o-Y 8000 Corporate Advance 1% ₹ 2,740 ₹ 2,640 ₹ 2,625 ₹ 2,780 ₹ 2,616 7
Slide 8: Gold Loan Advance Mix
Gold Loan ₹ in Crore ₹ 3,553 33 ₹ 2,839 ₹ 3,153 ₹ 3,372 % Retail (Excl. Gold) ₹ 2,675 11 ₹ 2,534 ₹ 2,641 % ₹ 2,378 ₹ 2,358 ₹ 2,428 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 SME -3% ₹ 1,670 ₹ 1,706 ₹ 1,658 ₹ 1,705 ₹ 1,616 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Advance Mix Performance Corpora
Slide 9: Retail Segment Performance
₹ in Crore Retail Loan Total 23 Housing Loan 12 % % ₹ 6,194 ₹ 977 ₹ 1,003 ₹ 1,029 ₹ 1,059 ₹ 1,095 ₹ 5,197 ₹ 5,581 ₹ 5,906 ₹ 5,053 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Gold Loan 33 Loan against property ₹ 3,553 80 ₹ 3,372 % Retail ₹ 2,675 ₹ 2,839 ₹
Slide 10: Sector wise Exposure Performance
₹ in Crore Industry 2% Agriculture and Allied Activities ₹ 1,528 27% ₹ 1,500 ₹ 3,257 ₹ 1,351 ₹ 1,376 ₹ 1,333 ₹ 2,744 ₹ 2,784 ₹ 2,372 ₹ 2,185 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Services -9% Sector wise Exposure ₹ 4,320 ₹ 3,616 ₹ 3,504 ₹ 3,559 ₹ 3,943 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 F
Slide 11: Key Financial Indicators For the Quarter
₹ in Crore Net Interest Income Other Income ₹ 120.83 ₹ 128.34 ₹ 51.81 ₹ 114.00 ₹ 104.86 ₹ 99.89 ₹ 41.07 ₹ 42.20 ₹ 35.70 ₹ 32.10 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Treasury Income Fee Based Income Key Financial ₹ 69.27 ₹ 67.41 Indicators ₹ 30.71 ₹ 41.24 ₹
Slide 12: Key Financial Indicators For the Quarter
Cost to Income Ratio ₹ in Crore Operating expenses ₹ 163.37 111.95% 102.50% ₹ 138.54 ₹ 135.28 ₹ 139.51 ₹ 143.96 92.54% 80.81% 84.42% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 NIM CD Ratio 3.40% 3.23% 2.98% 3.25% 71.92% 72.76% 73.70% 75.30% 75.49% 2.76% Key Finan
Slide 13: Key Financial Indicators For the Quarter
Gross NPA% ₹ in Crore Net NPA% 4.81% 1.27% 1.25% 1.26% 4.05% 4.04% 3.82% 1.12% 3.53% 0.86% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Key Financial Provision Coverage Ratio Provision Coverage Ratio (inclusive of Technical W/Off) Indicators (without Technical W/Of
Slide 14: Financial Ratios For the Quarter
ROA ROE 0.64% 9.70% 0.48% 7.34% 0.08% 0.08% 1.18% 1.29% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 -0.20% -3.12% Book Value (Rs.) EPS (Rs.) ₹ 42.43 ₹ 41.72 ₹ 1.02 Financial Ratios ₹ 0.78 ₹ 40.57 ₹ 40.70 ₹ 40.64 For the Quarter ₹ 0.12 ₹ 0.13 Q3 FY24 Q4 FY24 Q1 FY2
Slide 15: Total Restructured Advances Rs.197 Crore
Total Restructured Advances Rs.197 Crore on 31st December, 2024 ₹ in Crore Restructured Advance Restructured Total Restructured Particulars Advance Advance Standard Gross Advance, Gross Advance 11375 11375 11375 Education Loan Scheme 3.02 1.45 MSME standard 29.16 6.18 Restructured Restructuring Adva
Slide 16: External Rating of Corporate Advances
External Rating of Corporate Advances Rating Distribution 8% Rating Q3 FY25 25% 11% AAA 8% AA 11% A 24% Rating 12% 24% BBB 20% Distribution <BBB 12% 20% Unrated 25% AAA AA A BBB <BBB Unrated Total 100%
Slide 17: Asset Quality: SMA Movement
SMA Movement ₹ in Crore ₹ 135 ₹ 114 ₹ 103 ₹ 105 ₹ 79 ₹ 75 ₹ 73 14 % ₹ 62 Asset ₹ 58 ₹ 53 Quality ₹ 61 ₹ 48 ₹ 49 ₹ 46 ₹ 43 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 SMA 0 SMA 1 SMA 2
Slide 18: Performance: Branches, Staff, Business per Employee
₹ in Crore Number of Branches Per Branch Business 261 261 261 261 ₹ 96.11 ₹ 98.28 ₹ 101.31 259 ₹ 95.19 ₹ 94.59 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Performance Number of Staff Business Per Employee 1707 1725 1762 ₹ 14.44 ₹ 14.64 ₹ 14.85 ₹ 14.87 ₹ 15.01 1686
Slide 19: CRAR
CRAR Particulars Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 CRAR CRAR (%) 12.37% 12.71% 13.37% 13.06% 12.79% TIER I (%) 10.75% 11.36% 12.36% 12.10% 11.83% 13.37% 13.06% 12.71% 12.79% Risk Weighted 12.37% 7425 7462 7060 7295 7434 Assets (in Cr) Credit Risk (in Cr) 6021 6029 5987 6222 6361 1.01% 0.96% CR
Slide 20: Business Result
₹ in Crore For Nine months ended For the Quarter Ended Year Ended (Reviewed) Particulars 31.12.2023 30.09.2024 31.12.2024 31.12.2023 31.12.2024 31.03.2024 (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Audited) Q3 FY 24 Q2 FY 25 Q3 FY 25 Q3 FY 24 Q3 FY 25 FY 2024-25 Interest Income 307.72 3
Slide 21: Balance Sheet Overview
31.12.2023 31.03.2024 30.06.2024 30.09.2024 31.12.2024 ₹ in Crore Particulars (Reviewed) (Audited) (Reviewed) (Reviewed) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 773 777 775 803 821 Deposits 14340 14290 14441 14631 15068 Borrowings 150 299 150 150 150 Other
Slide 22: Shareholding Pattern (as on 31 December 2024)
Shareholding Pattern(as on 31st December, 2024) No. of Total % To Category Holders Shares Equity 6.95% Resident Individuals 1,85,405 13,75,73,022 54.37% 8.40% (Including HUF) 11.70% Non Resident Indians 1,553 4,69,97,859 18.58% 54.37% 18.58% Bodies Corporates 454 2,95,95,364 11.70% Others 16 2,12,51
Slide 23: Over 560 Customer Touch Points
Over 560 Customer Touch Points including 261 Branches, 282 ATMs and 17 BCs Branch Presence No. of Branches Population 31.12.2023 31.12.2024 Metropolitan 58 58 Urban 70 71 Performance Semi Urban 111 112 Rural 20 20 Grand Total 259 261
Slide 24: Digital Migration
Digital Migration Internet Transaction Volume In ‘000 -5% 525 465 384 343 363 83.09% Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Share of Digital Mobile Transaction Volume Banking 277 11 272 272 % Transaction @ 263 83.09% as on 244 31st Dec, 2024 Compared to 78.38% as on Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25
Slide 25: Strong Management Team
Strong Management Team Mr. Ajith Kumar K.K, Managing Director & CEO ▪ Over 36 years of experience in various facets of banking including Credit, Human Resources, Business, Branch Banking etc., ▪ Graduate in Agriculture from Kerala Agricultural University (KAU) and MBA from Cochin University of Scien
Slide 26: Strong Management Team
Strong Management Team Mr. Balasubramanian R, General Manager - Treasury ▪ Over 25 years of experience in the banking and financial services. ▪ Was the Managing Director of Vruksha Micro Fin Pvt. Ltd, and vast experience in various areas of Banking in Indian Bank, Canara Bank including Treasury, Ris
Slide 27: Strong Management Team
Strong Management Team Mr. Balasubramanian A D, Chief Vigilance Officer ▪ Over 30 Years of experience in handling Vigilance activities in Kerala Police, Vigilance & Anti-corruption Bureau as Deputy Superiendent of Police including 16 years experience as Deputy Chief Vigilance Officer in Cochin Shipy
Slide 28: Strong Management Team
Strong Management Team Mr. Abhilash R, Chief Risk Officer ▪ More than two decades of experience in Banking, which spans over Risk Management, Corporate/ MSME/ Retail Credit/ Branch Banking segments and headed various roles like CRO, Regional Head, Cluster Head, Para Banking Business Head, Branch Man
Slide 29: Partners / Tie Ups
Partners / Tie Ups AGRI & MICRO CREDIT TRADING PARTNERS FINTECH PARTNERS GOVERNMENT BUSINESS LIFE INSURANCE GENERAL INSURANCE
Slide 30: Thank You!
DhanlaxmiBank { Banking on Relat ips forever Than k You!