Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q3 FY2011 Earnings Presentation
17 slides from Dhanlaxmi Bank's earnings presentation, Jan 21, 2011
Slide 1: Dhanlaxmi Bank
DhanlaxmiBank £ established 1927 sex
Slide 2: Financial Results for period ended December 31, 2010
Financial Results for period ended December 31, 2010 January 21, 2011
Slide 3: Snapshot for the quarter
Snapshot for the quarter Bank launched its 275th branch in January 2011; ATM network expanded to 454 Total asset base rose to Rs. 124 billion as at December 31, 2010 (+73% on a y-o-y basis) Capital adequacy of 13.4% with a Tier-I ratio of 10.7% as at December 31, 2010 Employee strength reduc
Slide 4: Financials - Q3 FY2011
o Financials - Q3 FY2011 Dhanlaxm Ban
Slide 5: Balance Sheet
Balance Sheet Dec 31, Sept 30, June 30, Mar 31, Dec 31, (Rs. in Crores) Y-o-Y growth 2010 2010 2010 2010 2009 Capital 85 85 64 64 64 32.8% Reserves 751 743 382 376 378 98.6% Deposits 10,532 9,497 7,747 7,098 6,002 75.5% Borrowings 479 350 398 121 299 60.3% Other Liabilities 526 737 436 428 406 29.7%
Slide 6: Deposits - Advances Growth Better Than the Industry
Deposits - Advances Growth Better Than the Industry 90% 80% 76.3% 77.0% 75.5% 70% 68.7% 60% 56.6% 52.7% 49.4% 50% 52.8% 42.8% 40% 30.1% 30% 22.0% 17.8% 19.1% 24.1% 20% 17.1% 16.2% 10% 17.0% 15.1% 13.6% 14.2% 0% Dec-09 Mar-10 June-10 Sep-10 Dec-10 Bank Advances Bank Deposits Industry Deposits Industr
Slide 7: Deposits
Deposits Dec 31, Sep 30, June 30, Mar 31, Dec 31, Y-o-Y (Rs. in Crores) 2010 2010 2010 2010 2009 growth Current Deposits 912 841 585 564 454 100.9% Saving Deposits 1,215 1,206 1,071 988 869 39.8% CASA 2,127 2,047 1,656 1,552 1,323 60.7% CASA (%) 20.2% 21.6% 21.4% 21.9% 22.1% - Term Deposits 8,404 7,
Slide 8: Advances mix
Advances mix As at September 30, 2010 As at December 31, 2010 Retail Retail WBG 35% WBG 38% 38% 40% TAG TAG 21% 20% Agri Agri 4% 4% 8
Slide 9: Profit and Loss Statement
Profit and Loss Statement Q3 - Q3 - Y-o-Y 9M - 9M - Y-o-Y (Rs. in Crores) FY2011 FY2010 growth FY2011 FY2010 growth Interest income 249.9 139.8 78.7% 610.3 384.1 58.9% Interest expenses 176.3 100.7 75.1% 435.5 287.4 51.5% Net interest income 73.6 39.1 87.9% 174.8 96.7 80.7% Non Interest income 33.4
Slide 10: Net Interest Income
Net Interest Income Q3 - Q3 - Y-o-Y 9M - 9M - Y-o-Y (Rs. in Crores) FY2011 FY2010 growth FY2011 FY2010 growth Interest income 249.9 139.8 78.7% 610.3 384.1 58.9% from Advances 188.2 108.0 74.3% 457.1 304.0 50.4% from Investments 60.4 30.8 96.1% 148.5 73.6 101.8% Others 1.3 1.0 30.0% 4.6 6.5 (29.2)%
Slide 11: Trend in Net Interest Income
Trend in Net Interest Income 300 250 249.9 200 192.4 168.0 176.3 150.5 139.8 139.7 150 120.5 123.7 119.5 100.7 106.6 90.2 96.5 100 73.6 48.5 52.7 39.1 43.9 50 30.3 27.2 0 Q1 - FY2010 Q2 - FY2010 Q3 - FY2010 Q4 - FY2010 Q1 - FY2011 Q2 - FY2011 Q3 - FY2011 Interest Income Interest Expenses Net Interes
Slide 12: Trend in Operating Expenses
Trend in Operating Expenses 100 90 89 80 77 70 70 35 64 28 (Rs. in Crores) 60 53 30 50 44 29 40 23 29 31 32 18 30 28 25 14 54 13 14 49 20 12 40 12 35 26 30 10 16 17 17 18 13 0 Q1-09 Q2-09 Q3-09 Q4-09 Q1-10 Q2-10 Q3-10 Q4-10 Q1-11 Q2-11 Q3-11 Staff Cost Others 12
Slide 13: Trend in Net Interest Margin
Trend in Net Interest Margin 12% 10.6% 10.4% 9.9% 10.0% 10% 9.3% 9.7% 8% 6.9% 6.4% 6.4% 6.6% 6.2% 6.5% 6% 4% 2.5% 2.7% 2.6% 2.4% 1.9% 2.6% 2% 0% Q2 - FY2010 Q3 - FY2010 Q4 - FY2010 Q1 - FY2011 Q2 - FY2011 Q3 - FY2011 Yield on Advances Cost of Funds NIM 13
Slide 14: Key Ratios (%)
Key Ratios (%) Q3 - FY2011 Q3 - FY2010 9M - FY2011 9M - FY2010 FY2010 Cost / Income ratio 83.49 94.94 85.89 82.67 83.29 Credit - Deposit ratio 73.48 75.31 73.79 75.31 70.53 Return on Equity 3.44 1.19 2.37 5.32 5.30 Return on Assets 0.24 0.07 0.19 0.37 0.35 Dec 31, 2010 Sept 30, 2010 June 30, 2010 Ma
Slide 15: Asset Quality
Asset Quality 2.5% 1.99% 2.0% 1.92% 1.73% 1.76% 1.54% 1.41% 1.5% 1.26% 0.96% 0.89% 1.05% 1.0% 0.88% 0.86% 0.84% 0.76% 0.71% 0.5% 0.52% 0.0% Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 June-10 Sep-10 Dec-10 Net NPA Ratio Gross NPA Ratio 15
Slide 16: Nearly 50,000 Shareholders form Part of the Dhanlaxmi Family
Nearly 50,000 Shareholders form Part of the Dhanlaxmi Family Shareholding Pattern as at December 31, 2010 Banks / Financial Others * Institutions 6.8% 0.2% Non Resident Indians 5.2% Resident Individuals 33.0% Corporate Bodies 15.0% Foreign Institutional Investors 39.8% * Includes insurance companies
Slide 17: Thank You
Thank You Dhanlaxm Bank (