Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q2 FY2024 Earnings Presentation
28 slides from Dhanlaxmi Bank's earnings presentation, September 2023
Slide 1: Investor Presentation Q2-FY 2023-24
Investor Presentation Q2-FY 2023 -24
Slide 2: Board of Directors
BOARD OF DIRECTORS Shri. K.N Madhusoodanan Shri. Shivan J.K Shri. C.K. Gopinathan Shri. G. Rajagopalan Nair PART-TIME CHAIRMAN MANAGING DIRECTOR & CEO DIRECTOR INDEPENDENT DIRECTOR DIRECTORS Shri. D. K. Kashyap Shri. Sreesankar Shri Jayakumar Yarasi Dr. Nirmala Padmanabhan Ms. Vardhini Kalyanaraman
Slide 3: Performance Highlights – Y-o-Y
PERFORMANCE HIGHLIGHTS – Y-o-Y ❖ Total Business of the Bank grew by 10.39% and reached Rs.24,128 Crore. ❖ Total Deposit of the Bank registered a growth of 8.39 % to reach Rs.13,817 Crore. ❖ Gross Advance of the Bank grew by 13.19% to reach Rs.10,311 Crore. ❖ Gold Loan Portfolio registered a growth o
Slide 4: Performance Highlights – Y-o-Y
PERFORMANCE HIGHLIGHTS – Y-o-Y Total Income increased by 42.17% Cost Income Ratio reduced to 74.15% from 87.09%. Cost of Deposits increased to 5.09% from 4.39%. Cost of Funds increased to 5.18% from 4.50%. Gross NPA percentage improved to 5.36% from 6.04%. Performance Net NPA percentage improved to
Slide 5: Total Business
BUSINESS PERFORMANCE ₹. in Crore 24128 23442 23206 22183 TOTAL 21857 BUSINESS Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24
Slide 6: Total Deposit
DEPOSIT ₹. in Crore Bulk Deposit Total Deposit 28 13817 % 2506 2611 2313 2398 2042 13402 13352 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 TOTAL 12939 Retail Deposit 5 12748 DEPOSIT 11004 11206 % 10846 10706 10626 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 F
Slide 7: Deposit Mix
DEPOSIT ₹. in Crore 1 CASA to Total Deposit % CA SA CASA % 4324 4219 4260 4242 4291 3576 3465 3497 3457 3512 33.92% 32.61% 31.91% 31.65% 31.06% 748 754 763 785 779 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 DEPOSIT Retail TD Bulk TD Term Deposit 13 Reta
Slide 8: Gross Advance
ADVANCES ₹. in Crore Gross Advance Retail Advance 14 7419 % 10311 7101 6944 10040 6642 6515 9854 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 GROSS 9244 Corporate Advance 11 9109 % 2939 ADVANCE 2910 2892 2594 2602 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24
Slide 9: Advances
ADVANCES ₹. in Crore Gold Loan Corporate Advance 27 11 2451 2596 % % 2051 2084 2274 2910 2939 2892 2594 2602 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 Q2 FY 24 SME 11 % Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 1754 1735 1698 1670 1498 Agri & Micro (Excl. Gold) 2 Advance % Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY
Slide 10: Advances: Retail Segment
ADVANCES ₹. in Crore Retail Loan Total 17 Housing Loan 28 4528 4861 4144 4028 4295 % 933 % 785 837 875 730 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY 24 Q2 FY 24 Gold Loan Loan against property 27 55 2596 % 266 % 2274 2451 216 229 2051 2084 172 184 Retail Q2 FY23 Q3 FY23
Slide 11: Restructured Advances
RESTRUCTURED ADVANCES ₹. in Crore Total Restructured Advances Rs.336.22 Crore on 30th September, 2023. Restructured Advance Total Restructured Particulars Restructured Advance Advance Standard Gross Advance 10312 10312 10311 Education Loan Scheme 2.95 1.31 Gross Advance MSME standard 31.02 25.09 Res
Slide 12: Earnings Indicators
EARNINGS INDICATORS ₹. in Crore Operating Profit 33% Net Profit 46 123.20 49.36 % 28.30 35.35 54.30 57.94 21.73 23.16 15.89 23.60 Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 17 NII 4 NIM bps 127 % 3.65% 3.60% 121 3.58% 116 119 115 3.41% 3.40% Indicators Q2 FY23 Q3
Slide 13: Key Ratios
KEY RATIOS ROA 83 ROE 1239 0.76% bps bps 0.68% 11.35% 10.03% 0.10% 0.34% 1.63% 5.14% Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 -0.15% -2.36% Book Value (Rs.) EPS (Rs.) 583 15% 2.03 1.95 % 39.53 40.45 1.12 37.99 0.44 35.16 36.01 Ratios Q2 FY23 Q3 FY23 Q4 FY23 Q1
Slide 14: Asset Quality: SMA Movement
ASSET QUALITY ₹. in Crore SMA Movement 9 % 168 158 146 129 117 103 96 85 81 91 78 Asset Quality 54 54 64 47 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 SMA 0 SMA 1 SMA 2
Slide 15: Asset Quality
ASSET QUALITY 68 103 Gross NPA% bps Net NPA% bps 6.04% 2.32% 5.83% 1.81% 5.19% 5.21% 5.36% 1.16% 1.09% 1.29% Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Provision Coverage Ratio Provision Coverage Ratio (without Technical W/Off) 22 7% 79.90% 70.12% 78.64% 76.96% %
Slide 16: Performance Dashboard
PERFORMANCE DASHBOARD ₹. in Crore Number of Branches 8 Per Branch Business 32 Nos. 92 95 % 85 255 77 72 253 247 245 245 31.03.20 31.03.21 31.03.22 31.03.23 30.09.23 31.03.20 31.03.21 31.03.22 31.03.23 30.09.23 Number of Staff 4 Business Per Employee 36 Performance Nos 13 14 % 1767 12 11 10 1714 1723
Slide 17: CRAR and Liquidity
CRAR AND LIQUIDITY ₹. in Crore CRAR Particulars Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Capital Adequacy Ratio 12.32% 12.52% 12.32% 12.57% 12.23% (%) 1.77% 1.78% 2.24% 2.24% 1.67% CRAR (%) 12.32% 12.52% 12.32% 12.57% 12.23% TIER I (%) 10.08% 10.28% 10.56% 10.79% 10.56% Risk Weighted Assets 6804 6796
Slide 18: Business Result
BUSINESS RESULT ₹. in Crore For the Quarter Ended Year Ended (Standalone) 30.09.2022 30.06.2023 30.09.2023 Growth YOY Growth QoQ Particulars (Reviewed) (Reviewed) (Reviewed) 31.03.2023 (YOY) Growth % (QoQ) Growth % (Audited) Q2FY 23 Q1 FY 24 Q2 FY 24 Interest Income 262.50 289.14 303.90 1071.23 41.4
Slide 19: Balance Sheet Overview
BALANCE SHEET OVERVIEW ₹. in Crore 30.09.2022 31.12.2022 31.03.2023 30.06.2023 30.09.2023 Particulars (Reviewed) (Reviewed) (Audited) (Reviewed) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 636 658 708 747 770 Deposits 12748 12939 13352 13402 13817 Borrowings 5
Slide 20: Shareholding Pattern (as on September 30, 2023)
Shareholding Pattern(as on September 30, 2023) No. of Category Total Shares % To Equity Holders 1% 8% Resident Individuals 8% 1,18,565 13,52,52,412 53% (Including HUF) 19% 53% Foreign Portfolio - Corp 9 2,72,32,199 11% 11% Non Resident Indians 1,121 4,80,19,414 19% Bodies Corporates 408 2,14,64,466
Slide 21: Performance Dashboard
PERFORMANCE DASHBOARD ₹. in Crore Over 547 Customer Touch Points including 255 Branches, 275 ATMs and 17 BCs Branch Presence No. of Branches Population 30.09.2022 30.09.2023 Performance Metropolitan 58 58 Urban 63 66 Semi Urban 107 111 Rural 19 20 Grand Total 247 255
Slide 22: Digital Migration
Digital Migration In ‘000 Mobile Transaction Volume 41 % 195 196 217 154 156 77.09% Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 Internet Transaction Volume 30 333 % Share of Digital 256 269 312 304 Banking Transaction @ 77.09% as on Q2FY 23 Q3FY 23 Q4 FY23 Q1 FY24 Q2 FY24 30th September 2023 Compared to
Slide 23: Partners
. NEW Canara <X>HSBC ® BAIA3|Allianz@ 46 RELIGARE STREET TECH LIFE INSURANCE Ue cont mere O N SDL Gsmec Technology, Trust & Reach GEE) general SURAKSHA AUR BHAROSA DONO Moneywise. Be wise STA? M- SMART INVESTING Investor Presentation Q2 - 20
Slide 24: Strong Management Team
Strong Management Team Mr. Shivan J.K, Managing Director & CEO ▪ Bachelor in Agriculture, MBA & CAIIB; More than 37 years of experience in Retail, Agri, Corporate, International & Forex operations. ▪ Was Chief General Manager of Stressed Assets Resolution Group of State Bank of India and worked with
Slide 25: Strong Management Team
Strong Management Team Mr. Surendran A.V, Head - Wholesale Banking ▪ Graduate in Science and CAIIB; More than 33 Years of experience in banking with specialization in Treasury Management for 17 years. ▪ Worked as Regional Head and handled Government Business. Mr. Santoy John, Chief Compliance Office
Slide 26: Strong Management Team
Strong Management Team Mr. Suresh M Nair, Chief Credit Officer ▪ Bachelor in Commerce and CAIIB; Over 40 Years of experience in Banking with SBI Group (State Bank of Travancore, State Bank of Patiala & SBI). ▪ Vast experience in Corporate Credit, SME, Stressed assets & Project Finance. Mr. Balasubra
Slide 27: Disclaimer
DISCLAIMER This presentation has been prepared by Dhanlaxmi Bank (the “Bank”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published
Slide 28: Thank You
DhanlaxmiBank { Thank You... Investor Presentation Q2 - 2023-24