Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q1 FY2020-21 Earnings Presentation
34 slides from Bank Of Maharashtra's earnings presentation, Jul 23, 2020
Slide 1: Financial Results Quarter Ended 30th June, 2020
FINANCIAL RESULTS Quarter Ended 30th June, 2020 23/07/2020
Slide 2: Q1 FY20-21 key highlights
Net Profit for Q1FY20-21 increased by 24.72% to INR 101 crores Operating profit for Q1FY20-21 grew by 7.91% YOY to INR 710 crores Net Interest Income increased by 9.14% for Q1FY 20-21 to INR 1088 crores Cost to Income Ratio improved to 51.25% for Q1FY20-21 as against 53.50% of Q1FY19-20 He
Slide 3: Key performance indicators
50% 10.11% 697 bps 188 bps Total Deposits CASA Gross NPA Net NPA 7.60% 51.25% 85.62% 101 Cr Total Business Cost to Income % Provision Coverage Ratio Net Profit 3 www.bankofmaharashtra.in @mahabank
Slide 4: Operating Profit and Net Profit (Quarterly)
Operating Profit [Qtr] Net Profit [Qtr] 150.00 710 700.00 658 595 110.00 101 81 500.00 58 70.00 300.00 30.00 100.00 -10.00 Jun 19 Mar 20 Jun 20 Jun 19 Mar 20 Jun 20 4 www.bankofmaharashtra.in @mahabank
Slide 5: Profit and Loss Summary
Quarter Ended Change Particulars Jun 19 Mar 20 Jun 20 Y-o-Y Q-o-Q Total Income 3192 3198 3265 2.28% 2.09% Total Expenses 2533 2603 2555 0.86% -1.85% Operating Profit 658 595 710 7.91% 19.34% Provisions & Contingencies other 921 910 609 -33.88% -33.08% than taxes Profit before tax (262) (315) 101 138
Slide 6: Net Interest Income and Net Interest Margin
Net Interest Income (NII) Net Interest Margin (NIM) (%) 1100 1088 3.00 2.59 2.50 2.41 2.43 1023 997 1000 2.00 1.50 900 1.00 Jun 19 Mar 20 Jun 20 Jun 19 Mar 20 Jun 20 Net Interest Net Interest 997 1023 1088 2.59 2.41 2.43 Income Margin (%) NII increased by 9.14% in Q1FY20-21 on Y-o-Y basis 6 www.bank
Slide 7: Interest Income
3,000 208 223 240 2,500 997 2,000 1,028 989 1,500 1,000 1,522 1,578 1,691 500 - Jun 19 Mar 20 Jun 20 Total Interest Income 2,773 2,806 2,896 Other Interest Income 223 240 208 Interest on Investment 1,028 989 997 Interest on Advances 1,522 1,578 1,691 Interest earning increased by 4.46% for Q1FY20-21
Slide 8: Other Income
Quarter Ended Change Particulars Jun 19 Mar 20 Jun 20 Y-o-Y Q-o-Q Comm., Exchange & Brokerage 183 252 143 -21.98% -43.40% Comm., on Gov t. Business 4 6 4 -12.56% -36.04% Fee Based Income 187 258 146 -21.77% -43.24% Recov ery in written off accounts 53 49 34 -35.27% -30.93% Miscellaneous Income 25 (6
Slide 9: Interest Expense
2,000 85 114 132 1,500 1,000 1,691 1,670 1,677 500 - Jun 19 Mar 20 Jun 20 Total Interest Expense 1,776 1,784 1,808 Other Interest Expense 85 114 132 Interest on Deposits 1,691 1,670 1,677 9 www.bankofmaharashtra.in @mahabank
Slide 10: Operating Expenditure
800 700 339 600 260 328 500 400 300 481 486 200 430 100 0 Jun 19 Mar 20 Jun 20 Total Operating Expenditure 758 819 746 Other Operating Expenses 328 339 260 Staff Expenses 430 481 486 10 www.bankofmaharashtra.in @mahabank
Slide 11: Non-interest Expenses
Expenditure Item Quarter Ended (Excluding Staff Exp) Jun 19 Mar 20 Jun 20 Rent , t axes, lighting 53 54 48 Printing & St at ionery 4 9 2 Advt . & Publicit y 3 12 2 Depreciat ion on fixed asset s 53 52 44 Audit ors Fees 6 2 3 Law Charges 4 5 2 Post age, Telegram, Telephone 12 13 14 Repairs & Maint en
Slide 12: Provisions and Contingencies
Quarter Ended Particulars Jun 19 Mar 20 Jun 20 Non Performing Assets 1037 717 409 Standard/Restructured Assets (98) 139 198 Depreciation on Investments (5) (20) 2 Non-performing Investment 6 38 5 Other provisions (19) 36 (5) Provision & Contingencies 921 910 609 other than taxes Income Tax (343) (37
Slide 13: Key Ratios: Cost of Deposits and Yield on Advances
Cost of Deposit & Yield on Advance [Qtr %] Quarter Ended 8.50 Particulars Jun 19 Mar 20 Jun 20 7.50 7.66 7.69 6.50 7.43 7.02 6.86 Cost of Deposits (%) 4.88 4.68 4.44 5.50 Yield on Advances (%) 7.02 6.86 7.69 4.50 4.88 4.91 4.81 4.68 3.50 4.44 Yield on Investments (%) 7.19 7.10 6.81 Jun 19 Sep 19 Dec
Slide 14: Balance Sheet
As on LIABILITIES Jun 19 Mar 20 Jun 20 Capit al 5824 5824 5824 Reserves and Surplus 4626 4931 5032 Deposit s 138941 150066 152987 Borrowings 3205 3670 12768 Ot her Liabilities & Provisions 3204 4375 5060 TOTAL 155800 168867 181671 ASSETS Cash and Balances with Reserve Bank of India 8041 10354 16956
Slide 15: Business Mix
As on Growth Particulars Jun 19 Mar 20 Jun 20 Y-o-Y Q-o-Q Total Business 231973 244955 249608 7.60% 1.90% Deposits 138941 150066 152987 10.11% 1.95% of which CASA 66801 75475 75824 13.51% 0.46% CASA Share (%) t o Total Deposit 48.08% 50.29% 49.56% Gross Advances 93032 94889 96621 3.86% 1.83% Gross I
Slide 16: Stable CASA Deposit
STABLE CASA DEPOSIT 50.50 50.29 78000 50.00 76000 49.56 49.50 74000 49.00 72000 48.50 48.07 70000 48.23 48.08 75475 75824 48.00 68000 47.50 66000 68212 68246 66801 47.00 64000 46.50 62000 Jun 19 Sep 19 Dec 19 Mar 20 Jun 20 CASA 66801 68212 68246 75475 75824 CASA (%) 48.08 48.23 48.07 50.29 49.56 16
Slide 17: Credit Portfolio
Credit Portfolio As on Growth Particulars Jun 19 Mar 20 Jun 20 Y-o-Y Q-o-Q Gross Advances 93032 94889 96621 3.86% 1.83% of which Retail Sector 18415 22810 24191 31.36% 6.05% Agriculture Sector 14776 14385 14796 0.14% 2.86% MSME Sector 13547 17164 18414 35.92% 7.28% Total RAM 46738 54359 57401 22.81%
Slide 18: External Rating-wise Advances
External Rating-wise Advances Particulars Jun 19 Mar-20 Jun-20 Jun 20 12% 8% No. of Balance No. of Balance No. of Balance Borrower (F+NF) Borrower (F+NF) Borrower (F+NF) 13% 15% STD Borrowers eligible 794 46074 964 49376 1051 46941 Jun 19 for external rating 10% of which 13% 67% 63% AAA 22 8697 15 9
Slide 19: Funded Exposure To Selected Sectors
Funded Exposure To Selected Sectors Petroleum, Coal Products & Nuclear Fuels 1.08% Tourism, Hotels and Restaurants 1.11% Food Credit 1.25% Transport Operators 1.52% Textile 1.58% Basic Metal & Metal Product 1.79% Chemicals & Chemical Products 1.84% Commercial Real Estate 1.96% Housing Finance Compan
Slide 20: Rating-wise Exposure to NBFCs
Rating-wise Exposure to NBFCs 10,000 8,000 6,000 4,000 2,000 - Jun 19 Mar 20 Jun 20 Total Rated Borrowers 10,770 8,785 9,908 BB & Below 943 162 129 BBB 176 332 357 A 1,632 1,489 1,695 AA 2,667 2,452 2,623 AAA 5,352 4,350 5,104 20 www.bankofmaharashtra.in @mahabank
Slide 21: Advances by Asset Classification
95,000 75,000 55,000 35,000 15,000 -5,000 Amount Amount Amount Jun 19 Mar 20 Jun 20 Total Advances 93032 94889 96621 Loss 1,002 364 529 Doubtful 11,337 7,944 8,472 Sub-Standard 4,311 3,845 1,557 Standard 76,382 82,737 86,062 21 www.bankofmaharashtra.in @mahabank
Slide 22: Gross NPA Movement
Quarter Ended Particular Jun-19 Mar-20 Jun-20 Opening Level of Gross NPAs 15,324 15,746 12,152 Total Reductions 445 4,554 1,698 of which : Recovery + 436 511 156 Upgradation Gross Addition 1,770 960 105 of which : Variable 39 18 28 : Fresh Slippages 1,731 942 77 Net Increase 1,325 (3,593) (1,594) Cl
Slide 23: Sector-wise NPA
As on Jun 19 Mar 20 Jun 20 Sectors Sector Sector Sector Sector Sector Sector Advance Advance Advance NPA NPA (%) NPA NPA (%) NPA NPA (%) Agriculture 14776 3334 22.56% 14385 3726 25.90% 14796 3676 24.84% Retail 18415 768 4.17% 22810 756 3.32% 24191 738 3.05% Micro & Small 12839 2289 17.83% 16062 2160
Slide 24: Covid Relief Accounts
Account for Covid Relief Borrower Opted Relief % Borrower Opted Relief Particular Count Amount Count Amount Count Amount AGRI 1,96,827 5,787 48,147 1,981 24% 34% LARGE 3,104 29,198 812 2,866 26% 10% MSME 1,43,145 9,398 36,463 3,664 25% 39% RETAIL 3,03,446 23,579 69,783 6,989 23% 30% OTHERS 294 2,366
Slide 25: Retail Credit and NPA
As on As on As on Jun 19 Mar 20 Jun 20 Sector Gross Sector Sector Gross Sector Sector Gross Sector Sector Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Total Retail Credit 18415 767 4.17% 22810 756 3.32% 24191 738 3.05% of which Housing 11598 596 5.14% 14915 585 3.92% 14954 580 3.88% E
Slide 26: Investments
Investments 62000 52000 42000 36266 38042 34827 32000 22000 12000 24680 18034 20122 2000 0 7 204 -8000 Jun 19 Mar 20 Jun 20 Gross Investment 52861 58171 61150 HTM 34827 38042 36266 AFS 18034 20122 24680 HFT 0 7 204 26 www.bankofmaharashtra.in @mahabank
Slide 27: Capital Adequacy
As on Particulars Jun 19 Mar 20 Jun 20 Risk Weighted Assets 72409 77794 81122 % of RWA to Gross Advances 77.83% 81.98% 83.96% Tier I Capital 7032 8298 8295 CET I Capital 7011 8298 8295 Additional Tier I Capital 21 0 0 Tier II Capital 1436 2217 2424 Total Capital Funds 8468 10515 10720 Tier I Ratio 9
Slide 28: Digital Channels Users and Transactions
No. of Registered Users As on (in lakhs) Jun 19 Mar 20 Jun 20 Maha Mobile 6.55 8.34 9.39 UPI 1.08 1.35 1.40 Internet Banking 11.58 12.56 12.80 ATM (cards issued) 58.06 76.70 78.77 BHIM 9.19 11.05 11.58 E-Transaction (%) 77.43 80.79 91.98 Jun 19 (Qtr) Mar 20 (Qtr) Jun 20 (Qtr) Transactions No. (in Am
Slide 29: @mahabank
29 www.bankofmaharashtra.in @mahabank
Slide 30: @mahabank
30 www.bankofmaharashtra.in @mahabank
Slide 31: Shareholding Pattern
Jun-19 Jun-20 PARTICULAR No. of Share (in Cr) Holding (%) No. of Share (in Cr) Holding (%) Govt of india 538.66 92.49 538.66 92.49 Bank FIS & Insurance Co. 23.30 4.00 22.99 3.95 FII, NRI & OCBs 0.88 0.15 1.19 0.20 Others 19.57 3.36 19.58 3.36 Total 582.41 100.00 582.41 100.00 Govt of India As on 30t
Slide 32: Branch Network and Staff
Category of As on Branch Jun 19 Mar 20 Jun 20 Metro 466 458 458 2 30 5 Urban 325 331 331 39 Semi- Urban 426 428 428 5 1 30 Rural 615 616 616 1 82 Total Branches 1832 1833 1833 35 10 1 13 1 As on 67 144 7 31 1 1 Particular Jun 19 Mar 20 Jun 20 36 1 8 Number of ATM 1860 1851 1819 1121 27 500 + Categor
Slide 33: BOM in Digital World
@mahabank @mahabank BOM in Digital World Wherever I go, @BankofMaharashtraOfficial @mahabank my bank goes with me! @mahabank @mahabank 33 www.bankofmaharashtra.in @mahabank
Slide 34: Thank You!
Thank You! www.bankofmaharashtra.in
Bank of Maharashtra — Q1 FY2020-21 Earnings Presentation on 6ix