Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q2 FY25 Earnings Presentation
38 slides from Bank Of Baroda's earnings presentation, Oct 25, 2024
Slide 1: Performance Analysis Q2FY25
Performance Analysis Q2FY25
Slide 2: Key Highlights
G dep 3iim aster Bank of Baroda Key Highlights
Slide 3: Key Highlights
Key Highlights Business Details (INR crore) Key Performance Drivers Sep 30, 2023 Sep 30, 2024 YOY (%) Net Interest Margin (%) Net Profit (INR crore) Domestic Deposits 10,74,114 11,50,791 7.1 3 bps YoY International Deposits 1,75,533 2,12,695 21.2 Global Deposits 12,49,647 13,63,486 9.1 17,789 3.18 3
Slide 4: Financial Performance
G dep 3iim aster Bank of Baroda Financial Performance
Slide 5: Key Ratios
Key Ratios Cost of Deposits Yield on Advances Net Interest Margin Domestic Domestic Domestic 3.19% 3.30% 3.27% 3.32% 3.28% 4.99% 5.13% 5.16% 4.97% 5.15% 8.92% 8.99% 8.93% 9.01% 8.96% Q2FY24 Q1FY25 Q2FY25 FY24 H1FY25 Q2FY24 Q1FY25 Q2FY25 FY24 H1FY25 Q2FY24 Q1FY25 Q2FY25 FY24 H1FY25 International Inte
Slide 6: Operating Performance
Operating Performance Particulars Q2 FY24 Q1 FY25 Q2 FY25 YOY (%) H1 FY24 H1 FY25 YOY (%) (INR crore) Interest on advances 20,827 22,660 23,058 10.7 40,640 45,718 12.5 Interest on investments 6,275 6,438 6,536 4.2 12,303 12,974 5.5 Other Interest income 759 530 669 -11.8 1,474 1,200 -18.6 Total Inte
Slide 7: Non-Interest Income
Non-Interest Income Particulars Q2 FY24 Q1 FY25 Q2 FY25 YOY (%) H1 FY24 H1 FY25 YOY (%) (INR crore) Commission, Exchange, Brokerage 1,104 719 765 -30.7 1,849 1,484 -19.7 Incidental Charges 421 317 367 -12.8 811 684 -15.7 Forex Income 71 60 55 -22.5 117 115 -1.7 Other Miscellaneous Income 400 383 586
Slide 8: Operating Expenses
Operating Expenses Particulars Q2 FY24 Q1 FY25 Q2 FY25 YOY (%) H1 FY24 H1 FY25 YOY (%) (INR crore) Employee Cost 3,706 4,014 4,040 9.0 7,461 8,054 7.9 of which: Salaries 2,895 3,207 3,044 5.2 5,876 6,252 6.4 Provisions for employees 811 807 996 22.8 1,585 1,802 13.7 Other Operating Expenses 3,276 2,
Slide 9: Profit Position
Profit Position Particulars Q2 FY24 Q1 FY25 Q2 FY25 YOY (%) H1 FY24 H1 FY25 YOY (%) (INR crore) Operating Profit 8,020 7,161 9,477 18.2 15,844 16,638 5.0 Total Provisions 2,161 1,011 2,336 8.1 4,106 3,346 -18.5 of which: Provision for NPA & Bad Debts 2,285 1,269 1,733 -24.2 3,978 3,002 -24.5 Written
Slide 10: Business Performance
Business Performance V5 dep 3it aster Bank of Baroda 10
Slide 11: Deposits
Deposits Particulars % share in Domestic Deposits in Sep’24 Sep’23 Sep’24 YOY (%) Jun’24 Sep’24 QOQ (%) (INR crore) Domestic CASA Deposits 4,28,320 4,58,425 7.0 4,49,019 4,58,425 2.1 Savings Deposits Domestic Saving 34% 3,66,561 3,87,468 5.7 3,82,354 3,87,468 1.3 Deposits Domestic Current 61,759 70,
Slide 12: Advances
Advances Particulars % share in Gross Domestic Credit in Sep’24 Sep’23 Sep’24 YOY (%) Jun’24 Sep’24 QOQ (%) (INR crore) Agriculture Retail* 1,93,682 2,32,311 19.9 2,22,494 2,32,311 4.4 15.4% Home Loans* 1,02,610 1,19,253 16.2 1,14,711 1,19,253 4.0 Auto Loans* 34,268 42,114 22.9 40,242 42,114 4.7 Mor
Slide 13: Industry-wise Outstanding
Industry-wise Outstanding Sep'23 Sep’24 Rating Profile Particulars (INR crore) Outstanding Share (%) Outstanding Share (%) Infrastructure of which 1,04,739 12.55 1,13,575 12.10 1. Power 51,613 6.18 58,829 6.27 2. Telecom 8,651 1.04 7,958 0.85 3. Roads & Ports 32,779 3.93 33,863 3.61 4. Other Infrast
Slide 14: Segment wise breakup & Ratings of NBFC Standard Outstanding
Segment wise breakup & Ratings of NBFC Standard Outstanding NBFC Portfolio by Ownership Rating Profile of NBFCs Standard Outstanding* Particulars Jun’24 Sep’24 Outstanding Outstanding 13% 14% % Share % Share (INR crore) (INR crore) Pvt others AAA 1,02,873 68.84 1,09,960 68.96 40% Backed by Large 40%
Slide 15: Treasury Operations
Treasury Operations Particulars (INR crore) Sep’23 Jun’24 Sep’24 • Domestic investment book comprises of 75.75% in HTM; 20.60% in AFS; 2.20% in FVTPL; 0.21% IN FVTPL-HFT and 1.24% in Domestic Investments 3,57,378 3,59,677 3,60,244 Subsidiaries / Joint Ventures and RRB’S of which SLR 3,00,083 3,00,89
Slide 16: Financial Inclusion
Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts Zero Balance Accounts (%) (in Lakh) 37,618 37,886 33,513 5.18% 4.98% 4.97% 714 705 689 Sep'23 Jun'24 Sep'24 4,864 5,336 5,306 Market Share* of BOB in PMJDY Accounts (%) 15.23% 15.18% 15.12% Sep'23 Jun'24 Sep'2
Slide 17: Asset Quality
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Slide 18: Movement of NPAs
Movement of NPAs Particulars Q2 FY24 Q1 FY25 Q2 FY25 H1 FY24 H1 FY25 (INR crore) A. Opening Balance 34,832 31,834 30,873 36,764 31,834 B. Additions 4,751 3,018 3,110 6,613 5,297 Out of which, Fresh Slippages 4,331 2,787 2,788 5,953 4,768 C. Reductions 5,615 3,979 5,432 9,408 8,580 Recovery 1,283 1,0
Slide 19: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q2 FY24 Q1 FY25 Q2 FY25 Particulars (INR crore) Q2 FY24 Q1 FY25 Q2 FY25 Infrastructure of which 291 145 68 Corporate 2,282 2,045 623 1. Power 57 3 2 MSME 11,037 10,893 10,974 2. Telecom 1 2 2 3. R
Slide 20: Asset Quality : Sectoral Fresh Slippages
Asset Quality : Sectoral Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Fresh Slippages Particulars (INR crore) Q2 FY24 Q1 FY25 Q2 FY25 H1 FY24 H1 FY25 Corporate 1,806 48 57 1,984 105 MSME 893 1,206 1,156 1,609 1,989 0.47 Retail 483 842 817 821 1,392 0.22 0.18 Agriculture 563 644 737 878 1,260 Others
Slide 21: Exposure to NCLT Accounts
Exposure to NCLT Accounts 43,520 32,158 100% 100% 100% 99% 99% 4,636 4,406 2,321 RBI List 1 RBI List 2 ACCOUNT ACCOUNT TOTAL RBI 1 List RBI 2 List Accounts Accounts Total FILED BY BOB FILED BY filed by BOB filed by OTHERS at NCLT others at Exposure in INR Crore Provision Coverage (%) NCLT Provision
Slide 22: Capital Adequacy
Capital Adequacy V5 dep 3it aster Bank of Baroda 22
Slide 23: Capital Adequacy
Capital Adequacy 16.31% 16.82% 16.26% 16.67% 15.30% 14.72% Tier II 2.24% 2.17% 2.08% 2.03% 2.11% 2.05% 1.57% 1.47% AT-1 1.53% 1.51% 1.62% 1.56% CET-1 12.54% 13.08% 12.67% 13.17% 11.57% 11.11% Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Consol Sep'24 Particulars (INR crore) Sep ’23 Jun’24 Sep’24 Sep’24 (Conso
Slide 24: Sustainability Initiatives
Sustainability Initiatives 24
Slide 25: Sustainability Initiatives 1/4
Sustainability Initiatives….1/4 Sustainable & Social Loans Efficiency & Green Initiatives Bank has executed an MOU with KFW, a multilateral Bank has set up rain water harvesting system in -18- -182- branches (1.34 MW in total) in rural/semi urban areas finance agency, under the programme known as Ad
Slide 26: Sustainability Initiatives 2/4
Sustainability Initiatives….2/4 Implemented Green Finance Framework 09 Eligible Sectors for Green in March 2024 for: Deposits ▪ Raising of the Green Deposits and Enabling 1. Renewable Energy Flow of Credit for the Green Activities. 2. Energy Efficiency ▪ Defining of criteria(s) for Channelization of
Slide 27: Sustainability Initiatives 3/4
Sustainability Initiatives….3/4 Initiatives for Climate Risk Rationale of the Initiatives Management Governance ▪ For assessing the Bank's ESG ▪ Bank has institutionalized an performance, identify potential risks executive level working group for & opportunities and define a way ESG and CSR related
Slide 28: Sustainability Initiatives 4/4
Sustainability Initiatives …4/4 Employee Engagement National Sports Day 2024 Baroda Anubhuti Program Bank celebrated National Sports Day 2024’ with a series To celebrate the 117th Foundation Day of pan India sports events and of our bank (20.07.2024), Community other engagement activities Service/ S
Slide 29: Digital Milestones
Digital Milestones V5 dep 3it aster Bank of Baroda 29
Slide 30: Digital Milestones 1/2
Digital Milestones….1/2 15% 37% 92% New FD New RDs UPI Remittance (through Digital) (through Digital) Success Rate Sep’ 24 Source: NPCI 78% 2nd 3rd 3rd Credit Card Rank in Debit Card Rank in IMPS Rank in UPI sourced digitally Issuance Beneficiary remittance Aug’ 24 Source: RBI Sep’24 Source: NPCI So
Slide 31: Digital Milestones 2/2
Digital Milestones…2/2 5.6 Million 15% 85% Daily Txns on %FDs/RDs opened % IMPS txns through bob World through bob world bob world (Fin & Non-Fin) 70% 85% 23% 4.3 Digital Passbook PPF Account Average % Billpay txns Engagement Ratio in accessed through Opening through through bob World bob World bob
Slide 32: Consolidated Financials
Consolidated Financials V5 dep 3it aster Bank of Baroda 32
Slide 33: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance Baroda BNP Paribas Asset IndiaFirst Life Insurance Co. Ltd. BOBCARD Limited Management India Pvt. Ltd. (Subsidiary Holding - 65%) (Subsidiary Holding – 100%) (Subsidiary Holding – 50.1%) ❑ Number of Cards increased by 29.68% YOY to ❑ Overall AAUM as on 30 Sep 2024 st
Slide 34: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance India Infradebt Limited Baroda Global Shared Services Limited BOB Capital Markets Limited (Joint Venture of 40.99%) (Subsidiary Holding – 100%) (Subsidiary Holding – 100%) ❑ The gross revenue for H1 FY25 is INR 26.29 cr against ❑ Total Income stood at INR 363.67 cr f
Slide 35: Overseas Subsidiaries Performance
Overseas Subsidiaries Performance Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (Botswana) Ltd. (Subsidiary Holding – 80%) (Subsidiary Holding – 86.70%) (Subsidiary Holding – 100%) ❑ Total Deposits stands at INR 4,729.02 crore as ❑ Total Deposits stands at INR 10,585.42 cro
Slide 36: Balance Sheet and PL– Consolidated
Balance Sheet and PL– Consolidated Particulars Particulars Sep’23 Jun ’24 Sep ’24 Q2 FY24 Q2FY25 YOY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Net Interest Income 11,735 12,621 7.6 Capital 1,036 1,036 1,036 Share Application Money Pending Non-Interest Income 6,503 7,568 16.4 0 0 0 Allotment
Slide 37: Disclaimer
Disclaimer The information contained in this presentation is provided by Bank of Baroda (the “Bank”) to you solely for your information. This document is highly confidential and being given solely for your use and may not be retained by you and neither this presentation nor any part thereof may be (
Slide 38: Thank you