Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — FY2015 Earnings Presentation
38 slides from Bank Of Maharashtra's earnings presentation, March 2015
Slide 1: Financial Results - Year/Quarter Ended March 2015
PURPLE PRIVILEGE : PURPLE SAVINGS ACCOUNT Financial Results - Year/ Quarter Ended March 2015
Slide 2: Resources
2 Resources Branch Network Staff Strength 2000 16000 1800 14000 2439 2307 2256 1600 648 653 657 12000 1400 1200 10000 5867 5490 5565 1000 423 429 433 8000 800 6000 600 361 363 364 4000 400 6090 6468 6368 200 422 424 426 2000 0 0 Mar 14 Dec 14 Mar 15 Mar 14 Dec 14 Mar 15 Metro Urban Semi… Rural Offic
Slide 3: Performance Highlights (Y-o-Y)
3 Performance Highlights (Y-o-Y) 7.80 12.00 4.55 8.05 11.94 % % % % % 2.82 12.50 17.38 16.77 10.43 % % % % %
Slide 4: Share Holding Pattern
4 Share Holding Pattern (Fig in crore) 31.03.2014 31.03.2015 Particulars No. of Share % Holding No. of Share % Holding Govt of India 71.50 85.21% 84.84 79.80% Banks, Fis & Insur Co 5.93 7.07% 15.13 14.23% FIIs & NRIs 0 55 0.55 0 65% 0.65% 0 67 0.67 0 63% 0.63% Others 5.93 7.07% 5.68 5.34% Total 83.9
Slide 5: Capital Adequacy
5 Capital Adequacy As on Particulars Mar 14 Dec 14 Mar 15 Risk Weighted Assets 84384 88961 93435 Total Capital Funds * 9104 10058 11152 Tier I Capital 6278 6852 8182 Tier II Capital 2827 3206 2971 Under Basel III (CRAR) 10.79% 11.31% 11.94% Tier I Capital 7.44% 7.71% 8.76% Tier II Capital 3 35% 3.35
Slide 6: Topline - Business
6 Topline - Business As on % Growth Particulars Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Total Business 207172 212650 223329 7.80% 5.02% Deposits 116803 119650 122119 4.55% 2.06% of which CASA Deposit 41921 41541 45297 8.05% 9.04% Gross Advances 90369 93000 101210 12.00% 8.83% Gross Investment 37316 36971 3
Slide 7: Customer Reach
7 Customer Reach Internet banking Users SMS/ Mobile Banking e-transaction (%) (Lacs) Users (Lacs) 3.35 60 52.21 4.03 40.78 5 4.00 50 3.09 2.49 4 3.00 40 3 30 2.00 2 20 1 1.00 10 0 0.00 0 Mar 14 Mar 15 Mar 14 Mar 15 Mar 14 Mar 15 ATMs(No) ATM Card Base (Lacs) 1849 53.78 1850 55 1840 1827 50 45.21 183
Slide 8: Deposits
8 Deposits Total Deposits CASA Deposits 45297 41921 41541 122119 119650 32425 33890 31246 116803 10675 11407 9116 Mar 14 Dec 14 Mar 15 Mar 14 Dec 14 Mar 15 Current Savings CASA Deposit 4.55 % Y-o-Y 2.06% Q-o-Q 8.05 % Y-o-Y 9.03 % Q-o-Q CASA as a % to Total Deposits : Mar 14 – 35.89% Dec 14 – 34.72%
Slide 9: Advances & CD Ratio
9 Advances & CD Ratio 110000 95.00 101210 90.00 93000 90369 90000 85.00 82.88 80.00 77.37 77.73 70000 75.00 50000 70.00 Mar 14 Dec 14 Mar 15 Advances CD Ratio 12.00 % Y-o-Y 8.83 % Q-o-Q
Slide 10: Investments
10 Investments As on Particulars Mar 14 Dec 14 Mar 15 A. SLR Investments (i) HFT 108 462 478 (ii) AFS 2138 1959 1345 (iii) HTM 28065 27700 27446 Total SLR Investment 30312 30121 29269 B. Non SLR Investments (i) HFT 0 125 51 (ii) AFS 2616 2702 3402 (iii) HTM 4388 4023 4047 Total Non SLR Investment In
Slide 11: Assets Size
11 Assets Size As on Particulars Mar 14 Dec 14 Mar 15 Cash & Bank Balance 6102 7361 6753 Net Investments 37250 36926 36715 Net Advances 88920 90633 98599 Fixed Assets 1446 1439 1432 Other Assets 2602 3198 2520 Total Assets 136320 139556 146019 Growth in G. Adv.(Y-o-Y) : 12.00% Growth in Net Adv.(Y-o
Slide 12: Advances
12 Advances As on % Growth Particulars Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Gross Advances 90369 93000 101210 12.00% 8.83% of which o c Priorty Sector 34826 36590 39094 12.26% 6.85% Non-Priorty Sector 55543 56410 62116 11.83% 10.11% 70000 62116 55543 56410 60000 50000 40000 30000 36590 39094 34826 20000
Slide 13: Advances: Sector-wise
13 Advances : Sector Sector--wise Sectors As on % Growth Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Agriculture # 10276 11549 12080 17.55% 4.60% Retail 10770 11684 11817 9.73% 1.14% SME 15356 15217 16800 9.40% 10.40% Medium 3499 3798 3315 -5.25% -12.72% Large Corp & Others 50468 50751 57198 13.34% 12.70% Gros
Slide 14: Advances: Priority Sector
14 Advances : Priority Sector As on PARTICULARS % to % to % to Mar 14 Dec 14 Mar 15 ANBC ANBC ANBC ANBC 79048 93621 93621 (As of previous year) Priority Sector 34826 44.06% 36590 39.08% 39094 41.76% of which Direct Agriculture 8555 10.82% 9689 10.35% 10270 10.97% Indirect Agriculture # 4536 5.74% 53
Slide 15: Retail Credit
15 Retail Credit As on % Growth Particulars Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Total Retail Credit 10770 11684 11817 9.73% 1.14% of which Housing 8854 9669 9868 11.45% 2.06% Vehicle 723 687 649 -10.26% -5.54% Education 637 705 703 10.27% -0.31% Others 555 623 597 7.63% -4.19% Mar 14 Dec 14 Mar 15 6% 5
Slide 16: Assets Quality
16 Assets Quality As on % Rise Mar 14 Dec 14 Mar 15 Particulars % of % of % of Amount Amount Amount Y-o-Y Q-o-Q G Adv G Adv G Adv Standard 87509 96 84% 96.84% 86813 93.35% 93 35% 94808 93 67% 93.67% 8 34% 8.34% 9 21% 9.21% Sub-Standard 2159 2.39% 3358 3.61% 2975 2.94% 37.78% -11.43% Doubtful 588 0.6
Slide 17: Movement Of NPA
17 Movement Of NPA Year Ended Particulars Mar 14 Mar 15 Opening Gross NPA 1137.55 2859.85 Less Cash Recoveries 364 87 364.87 430 13 430.13 Less Upgradation 101.39 397.62 Less Write Off 400.72 263.68 Total Reduction [A] 866.98 1091.43 Add Slippages 2587.89 4624.33 Add Variation 1.39 9.31 Total Additi
Slide 18: Sector-wise Exposure
18 Sector--wise Exposure Sector As on Sectors March 2014 December 2014 March 2015 Sector Sector Sector Sector Sector Sector Adv Adv Adv NPA NPA % NPA NPA % NPA NPA % Agriculture 10276 630 6.13% 11549 812 7.03% 12080 739 6.12% Retail 10770 209 1.95% 11684 317 2.71% 11817 270 2.29% SME 15356 855 5.57%
Slide 19: Retail Sector-NPA
19 Retail Sector- Sector-NPA As on Mar 14 Dec 14 Mar 15 Sector Sector Sector Sector Sector Sector Sector G Adv G Adv G Adv NPA NPA % NPA NPA % NPA NPA % Total Retail Credit 10770 209 1.95% 11684 316 2.70% 11817 270 2.29% of which Housing 8854 126 1.42% 9669 214 2.21% 9868 196 1.99% Vehicle 723 29 3.
Slide 20: Trend in Restructured Adv
20 Trend in Restructured Adv 120000 12000 101210 100000 90369 10000 8746 76397 80000 8000 6126 7234 60000 5426 6000 5650 40000 4528 4000 20000 2000 0 0 2013 2014 2015 G Adv Restructured Adv Std Restructured Adv 20
Slide 21: Financial Performance
FINANCIAL PERFORMANCE 21
Slide 22: Interest Earnings (FY)
22 Interest Earnings (FY) Year Ended % Particulars Mar 14 Mar 15 Increase Interest on Advances 9187.15 9820.78 6.90% Interest on Investment 2543.03 2751.48 8.20% Others 226.47 93.18 Total Interest Income 11956.65 12665.44 5.93% Interest Income 13000 12000 12665 11957 11000 10000 Mar 14 Mar 15
Slide 23: Interest Earnings
23 Interest Earnings Particulars Quarter Ended % Increase Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Interest on Advances 2347.78 2451.02 2497.11 6.36% 1.88% Interest on Investment 673 81 673.81 671 46 671.46 712 09 712.09 5 68% 5.68% 6 05% 6.05% Others 52.09 32.45 8.10 Total Interest Income 3073.68 3154.93 3
Slide 24: Interest Expenditure (FY)
24 Interest Expenditure (FY) Year Ended % Particulars Mar 14 Mar 15 Increase Interest on Deposits 7697.04 8084.74 5.04% Others 750 69 750.69 705 67 705.67 -6 00% -6.00% Interest Expenditure 8447.73 8790.41 4.06% Interest Expenses 9000 8000 8790 8448 7000 6000 Mar 14 Mar 15
Slide 25: Interest Expenditure
25 Interest Expenditure Quarter Ended % Increase Particulars Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Interest on Deposits 2038.51 1992.49 2033.46 -0.25% 2.06% Others 166 45 166.45 164 67 164.67 212 63 212.63 27 74% 29.12% 27.74% 29 12% Total Interest Exp 2204.96 2157.16 2246.09 1.87% 4.12% Interest Expense
Slide 26: NII & NIM (FY)
26 NII & NIM (FY) Year Ended % Particulars Mar 14 Mar 15 Increase Net Interest Income 3508.93 3875.03 10.43% Net Interest Margin (% ) 2.71 2.82 NII NIM (%) 2.82 4200 3.00 2.71 3800 3400 3875 2.50 3000 3509 2600 2200 2.00 Mar 14 Mar 15 Mar 14 Mar 15
Slide 27: NII & NIM
27 NII & NIM Particulars Quarter Ended % Increase Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Net Interest Income 868.72 997.77 971.21 11.80% -2.66% Net Interest Margin (% ) 2.57 2.94 2.73 NII NIM (%) 3.00 1100 2.94 2.90 2.73 1000 2.80 2.57 2.70 900 2 60 2.60 998 971 2.50 800 869 2.40 2.30 700 Mar 14 Dec 14 Ma
Slide 28: Non-Interest Income (FY)
28 Non--Interest Income (FY) Non Year Ended % Particulars Mar 14 Mar 15 Increase Fee Based Income 544.82 593.17 8.87% Treasury Income T I 176 42 176.42 280 90 280.90 59 22% 59.22% Of which Net Profit from sale of Investment 102.94 205.78 99.90% Exchange profit 73.48 75.12 2.23% Recovery in written o
Slide 29: Non-Interest Income
29 Non--Interest Income Non Quarter Ended % Increase Particulars Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Fee Based Income 185.56 150.00 179.73 -3.14% 19.82% Treas r Income Treasury 37 13 37.13 51 90 149.38 51.90 149 38 302 302.32% 32% 187.82% 187 82% Of which Net Profit from sale of Investment 17.41 35.99
Slide 30: Operating Expenditure (FY)
30 Operating Expenditure (FY) Year Ended % Expenditure Item Mar 14 Mar 15 Increase Staff Expenses 1595.76 1633.21 2.35% Other Operating Expenses 800.99 892.71 11.45% Total Operating Expenditure 2396.75 2525.92 5.39%
Slide 31: Operating Expenditure
31 Operating Expenditure Quarter Ended % Increase Expenditure Item Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Staff Expenses 472 72 384.49 472.72 384 49 422.45 422 45 -10.63% 10 63% 9.87% 9 87% Other Operating Expenses 227.62 205.93 253.95 11.57% 23.32% Total Operating Expenditure 700.34 590.42 676.40 -3.42%
Slide 32: Provisions & Contingencies
32 Provisions & Contingencies Year Ended Quarter Ended Particulars Mar 14 Mar 15 Mar 14 Dec 14 Mar 15 Non Performing Assets 742.51 1387.20 42.88 459.49 467.59 Standard/Restructured Assets 392.56 139.57 196.88 113.46 -66.63 Depreciation on Investments 91.20 -28.40 2.42 1.01 -0.29 Non-performing Inves
Slide 33: Profitability (FY)
33 Profitability (FY) Year Ended % Particulars Mar 14 Mar 15 Increase Total Income 12850.85 12850 85 13671.42 13671 42 6.39% 6 39% Total Expenses 10844.48 11316.33 4.35% Operating Profit 2006.37 2355.09 17.38% Provisions & Contingencies 1258.02 1541.71 22.55% other than taxes Profit before tax 748.3
Slide 34: Profitability
34 Profitability Quarter Ended % Increase Particulars Mar 14 Dec 14 Mar 15 Y-o-Y Q-o-Q Total T t l Income I 3372 48 3372.48 3366 85 3366.85 3598 89 3598.89 6 71% 6.71% 6 89% 6.89% Total Expenses 2905.30 2747.58 2922.49 0.59% 6.37% Operating Profit 467.18 619.27 676.40 44.78% 9.23% Provisions & Conti
Slide 35: Key Financial Ratios
35 Key Financial Ratios Year Ended Quarter ended Particulars Mar 14 Mar 15 Mar 14 Dec 14 Mar 15 Cost of Deposits (%) 7 13 7.13 7 03 7.03 7 20 7.20 7 00 7.00 6 97 6.97 Yield on Advances (%) 11.13 10.99 10.96 11.02 10.75 Yield on Investments (%) 7.42 7.61 7.46 7.62 7.66 Cost of Funds (%) 6.53 6.39 6.5
Slide 36: New Business Initiatives
36 New Business Initiatives ¾“ Purple Previleges” Account for HNIs-with features like Assistance of Dedicated Relationship Manager, specially designed Purple Lounges etc. ¾Mobile Banking app- “MahaMobile” -Designed to be intuitive and user friendly, will enable the Bank’s customers to view all their
Slide 37: Awards & Accolades
37 Awards & Accolades ¾ Skoch Summit Gold Award on use of technology Order of the Merit for India’s Best Financial Inclusion & Deepening Projects -2014 ¾ BFSI Awards 2014 by World HRD Congress Best Bank in Public Sector Bank with Best Technology Orientation Corporate Communication Award ¾
Slide 38: Thank You
THANK YOU !!