Bank Of Maharashtra · NSE:MAHABANK

Bank Of Maharashtra — Q2 FY2019-20 Earnings Presentation

40 slides from Bank Of Maharashtra's earnings presentation, Nov 7, 2019

  1. Slide 1: Exchange filing cover letter

    sS w= = c= 7 ae HW ARNIS BANK OF MAHARASHTRA oar 7; ampaAsa, 1501, f LOKMANG. 2 | faaee Fare aT Investor Services Department | SaVTELE: 020 25511360 3-4e1/ E-mail: compsec@mahabank.co.in/ investor_services@mahabank.co.in AXA/SD/STEX/201 9-20 Date: 07.11.2019 The General Manager, The Vice President,

  2. Slide 2: Financial Results Quarter/Half Year Ended 30 Sep 2019

    FINANCIAL RESULTS Quarter/ Half Year Ended 30" Sep 2019 Qq@ 311} WEerRise Bank of Maharashtra URd WRPR HI SaA rf a\ Ca@ URALe C@ am www.bankofmaharashtra.in

  3. Slide 3: Index

    e INDEX Major Highlights Business Profitability Asset Quality Special Mention Account Capital Adequacy Ratio Investment Branch Network Shareholding Pattern 10. Awards & Accolades @ © @ @mahabank ©OONAAR WN S

  4. Slide 4: Major Highlights for Q2 FY 2019-20

    NS Major Highlights for Q2 FY 2019-20 Strong CASA level at 48.23% NIM stood at 2.77% Gross NPA declined to 16.86% Net NPA declined to 5.48% Credit Cost decreased to 1.84% Cost to Income Ratio is 48.82% Healthy Provision Coverage Ratio at 82.71% Net Profit of Rs 114.66 crore for Q2-FY2019-20 as again

  5. Slide 5: Key performance metrics

    Total Deposits CASA Gross NPA Net NPA 4.36% 178 bps 8.84% 513 bps Provision NIM Net Profit Cost to Income % Coverage Ratio 114.66 Cr 2.77% 48.82% 82.71%

  6. Slide 6: Balance Sheet

    As on % Growth LIABILITIES Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Capital 2598 5824 5824 124.14% 0.00% Reserves and Surplus 6221 4626 4741 (23.79%) 2.48% Deposits 135527 138941 141440 4.36% 1.80% Borrowings 5346 3205 5120 (4.23%) 59.75% Other Liabilities & Provisions 3010 3204 3286 9.17% 2.57% TOTAL 15270

  7. Slide 7: Business Performance

    As on % Growth Particulars Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Total Business 226069 231973 232847 3.00% 0.38% Deposits 135527 138941 141440 4.36% 1.80% of which CASA 62675 66801 68212 8.84% 2.11% CASA Share (%) to Total Deposit 46.25% 48.08% 48.23% 198 BPS 15 BPS Gross Advances 90542 93032 91406 0.95%

  8. Slide 8: Total Deposits and CASA

    Total Deposits CASA 68212 70000 66801 138941 141440 135527 145000 62675 65000 130000 115000 60000 100000 Sep 18 Jun 19 Sep 19 55000 Sep 18 Jun 19 Sep 19 Savings Term Deposit 40% 52% CASA 48% Current 8% 7 @mahabank

  9. Slide 9: Gross Advances

    As on % Growth Priorty Particulars Sep Jun Sep Sector 40% 18 19 19 Y-o-Y Q-o-Q Non Priorty Gross Advances 90542 93032 91406 0.95% -1.75% Sector 60% of which Priorty Sector Non Priorty Sector Priorty Sector 36703 34925 36367 -0.92% 4.13% Non-Priorty Sector 53839 58107 55039 2.23% -5.28% 8 @mahabank

  10. Slide 10: Retail, Agriculture and MSME advances

    As on % Growth Particulars Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Gross Advances 90542 93032 91406 0.95% (1.75%) of which Retail Sector 17954 18415 19809 10.33% 7.57% Agriculture Sector 14940 14776 15164 1.50% 2.63% MSME Sector 14779 13547 14357 (2.86%) 5.98% Total RAM 47673 46738 49330 3.48% 5.55% Corpor

  11. Slide 11: Profit and Loss Summary

    Half Year Quarter Ended Particulars Ended Sep 18 Sep 19 Sep 18Jun 19 Sep 19 Total Income 6180 6488 3193 3192 3296 Total Expenses 4915 5078 2398 2533 2544 Operating Profit 1265 1410 794 658 752 Provisions & Contingencies other than 2491 1280 858 921 359 taxes Profit before tax (1226) 130 (63) (262) 3

  12. Slide 12: Interest Income

    Half Year Ended Quarter Ended % Change Particulars Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Interest on Advances 3263 3139 1643 1522 1616 (1.65%) 6.19% Interest on Investment 1792 2116 975 1028 1088 11.60% 5.86% Other Interest Income 373 418 170 223 196 15.37% (12.09%) Total Interest Income 54

  13. Slide 13: Other Income

    Half Year Ended Quarter Ended % Variation Particulars Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Comm., Exchange & 364 380 178 183 196 10.07% 7.28% Brokerage Comm., on Gov t. Business 9 9 4 4 4 0.91% 7.00% Fee Based Income 373 388 183 187 201 9.85% 7.27% Div idend Earned 1 1 1 0 1 (28.46%) 340.0

  14. Slide 14: Interest Expenses

    Half Year Ended Quarter Ended % Change Particulars Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Interest on Deposits 3386 3400 1692 1691 1710 1.06% 1.13% Other Interest Exp. 181 203 94 85 117 25.22% 37.56% Total Interest Exp 3567 3603 1785 1776 1827 2.33% 2.87% Interest Expenses(HY) Interest Expen

  15. Slide 15: Net Interest Income and NIM

    Half Year Ended Quarter Ended % Change Particulars Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Net Interest Income 1861 2070 1003 997 1073 7.03% 7.68% NIM (%) 2.55 2.68 2.76 2.59 2.77 (on Avg Interest earning Assets) 2070 NII NIM (%) 1861 2000 3.00 2.55 2.76 2.68 2.59 2.77 1073 1003 997 2.00 1400

  16. Slide 16: Operating Expenses

    Half Year Ended Quarter Ended % Variation Expenditure Item Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Staff Expenses 821 827 348 430 397 13.93% (7.72%) of which AS 15 Provision 300 195 59 108 87 49.29% (18.91%) Other Operating Expenses 527 648 265 328 320 20.92% (2.20%) Total Operating 1348 1475

  17. Slide 17: Non-interest Expenses

    Expenditure Item Half Year Ended Quarter Ended %Variation (Excl Staff Exp) Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Y-o-Y Q-o-Q Rent , t axes, light ing 103.01 107.89 50.79 52.71 55.18 8.64% 4.69% Print ing & St at ionery 8.39 8.87 4.02 4.10 4.77 18.66% 16.34% Advt . & Publicit y 6.31 6.78 3.95 2.60 4.18

  18. Slide 18: Provisions and Contingencies

    Half Year Ended Quarter Ended Particulars Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Non Performing Asset s 2,452.00 1,441.46 941.71 1,037.44 404.02 St andard/Rest ruct ured Asset s (94.00) (138.27) (35.54) (98.46) (39.81) Depreciat ion on Invest ment s 232.00 0.41 96.65 (5.02) 5.43 Non-performing Invest me

  19. Slide 19: Key Ratios

    Half Year Ended Quarter Ended Particulars Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Cost of Deposit s (%) 5.01 4.89 5.03 4.88 4.91 Y ield on Advances (%) 7.66 7.21 7.92 7.02 7.43 Y ield on Invest ment s (%) 7.19 7.33 7.28 7.34 7.31 Cost of Funds (%) 4.52 4.34 4.53 4.33 4.34 Y ield on Funds (%) 6.88 6.83 7.

  20. Slide 20: Cost of Deposits and Yields

    Cost of Deposit, Yield on Advance & Yield on Cost of funds & Yield on funds [Qtr %] Investment [Qtr %] 8.00 7.07 9.00 6.77 6.90 7.92 7.02 7.43 7.28 6.00 7.34 7.31 4.53 4.33 4.34 6.00 5.03 4.88 4.00 4.91 3.00 2.00 0.00 0.00 Sep 18 Jun 19 Sep 19 Sep 18 Jun 19 Sep 19 Yield on Advances Yield on Investme

  21. Slide 21: Asset Quality: Classification of Advances

    As on Sep 18 Jun 19 Sep 19 Particulars % of % of % of Amount Amount Amount Gross Advance Gross Advance Gross Advance Standard 73669 81.36% 76382 82.10% 75998 83.14% Sub-Standard 4047 4.47% 4311 4.63% 3704 4.05% Doubtful 11854 13.09% 11337 12.19% 9607 10.51% Loss 972 1.07% 1002 1.08% 2098 2.29% Total

  22. Slide 22: Provision Coverage Ratio

    Provision Coverage As on Ratio Particulars 100.00 Sep 18 Jun 19 Sep 19 80.00 81.24 82.71 70.96 71.54 PCR (%) 48.31% 70.96% 71.54% 60.00 64.37 48.31 (excl technical written-off) 40.00 PCR (%) 64.37% 81.24% 82.71% 20.00 (incl technical written-off) 0.00 SEP-18 JUN-19 SEP-19 PCR (excluding TWO) PCR (in

  23. Slide 23: Movement of Gross NPA

    Half Year Ended Quarter Ended Particulars Sep 18 Sep 19 Sep 18 Jun 19 Sep 19 Opening Gross 17800 15324 16650 NPA 18433 15324 Less Cash 439 330 486 Recov eries 1215 714 Less Upgradat ion 216 168 428 106 192 Less Writ e Off 3151 1184 1475 9 1171 2066 2342 445 1849 Total Reduction [A] 4582 A dd Slippag

  24. Slide 24: Sector-wise NPA

    As on Sep 18 Jun 19 Sep 19 Sectors Sector Sector Sector Sector Sector Sector Advance Advance Advance NPA NPA % NPA NPA % NPA NPA % Agriculture 14940 3032 20.29% 14776 3334 22.56% 15164 3460 22.81% Retail 17954 831 4.63% 18415 768 4.17% 19809 775 3.91% Micro & Small 14092 3150 22.35% 12839 2289 17.83

  25. Slide 25: Retail Credit NPA

    Sep 18 Jun 19 Sep 19 Sector Gross Sector Sector Gross Sector Sector Gross Sector Sector Advance NPA NPA % Advance NPA NPA % Advance NPA NPA % Tot al Ret ail Credit 17954 832 4.63% 18415 768 4.17% 19809 773 3.90% of which Housing 12072 641 5.31% 11598 596 5.14% 12671 597 4.72% Education 1080 112 10.3

  26. Slide 26: NCLT Cases

    Other NCLT Grand NCLT Cases as on 30.09.19 RBI List 1 RBI List 2 Total Cases Total Number of Cases where Resolution Plan has approved 4 1 5 3 8 Number of accounts referred under IBC as on 30.09.2019 7 12 19 103 122 Outstanding as on 30.09.2019 2,909 2,557 5,466 5,905 11,371 Provision made till 30.09

  27. Slide 27: Details of Restructured Accounts

    Details of Restructured Standard NPA TOTAL Accounts as on No. of No. of No. of 30.09.2019 Accounts Amount Accounts Amount Accounts Amount CDR - - 7 436 7 436 SDR - - 11 2,062 11 2,062 Outside SDR - - 2 134 2 134 S4A 3 296 1 2 4 299 Others 127 455 29 1,280 156 1,735 Sub-Total Jan-00 130 - 751 - -50 3

  28. Slide 28: Movement of Restructured Advances

    As on Particulars Sep 18 Jun 19 Sep 19 Opening Standard Restructured Advances 915.85 515.45 658.80 Add: Additions in Restructured Accounts 1.73 212.68 279.35 Add: Upgradations 5.09 0.81 23.46 Less: Downgradations (131.97) 45.17 32.14 Less: Ceased to attract - 3.78 3.13 Add/Less: Additional Disbursem

  29. Slide 29: Large Accounts Exposure and Default

    Particulars No of accounts No of accounts wherein our bank is having exposure and overall borrowings 131 from the banking sector is Rs.2000 crore and beyond Out of which Out of above, accounts wherein no default is reported as on 30/09/2019 104 Accounts wherein default is reported as on 30/09/2019 2

  30. Slide 30: Special Mention Accounts

    Particulars Sep 18 Jun 19 Sep 19 SMA-1 3390 2042 2250 SMA-2 2039 1310 1489 Total 5429 3351 3739 “ 29 @mahabank

  31. Slide 31: Capital Adequacy Ratio

    As on Particulars Sep 18 Jun 19 Sep 19 Risk Weighted Assets 76042 72409 75697 % of RWA to Gross Adv ances 83.99% 77.83% 82.81% Tier I Capital 5967 7032 7574 CET I Capital 5939 7011 7574 Additional Tier I Capital 28 21 0 Tier I I Capital 1539 1436 1380 Total Capital Funds 7506 8468 8954 Tier I Ratio

  32. Slide 32: Rated borrowers: HFC and NBFC exposure

    As on Particulars Sep 18 Jun 19 Sep 19 HFC Other NBFC HFC Other NBFC HFC Other NBFC AAA 2,075 1,117 2,852 2,499 2,922 2,298 AA 948 2,502 928 1,739 1,259 1,872 A 190 1,233 241 1,391 233 1,692 BBB 67 535 15 162 14 147 BB & Below - 332 603 340 587 331 Total Rated Borrowers 3,280 5,720 4,639 6,131 5,015

  33. Slide 33: Sector exposure: CRE, NBFC, Infrastructure

    Sep 18 Jun 19 Sep 19 % Growth % Growth Sector Amount Amount Amount Y-o-Y Q-o-Q CRE 2408 2501 2163 (10.17%) (13.51%) NBFC 9733 11709 12370 27.09% 5.65% I nfra. 8993 10082 9251 2.86% (8.25%) of which Power 4177 5645 4350 4.15% (22.93%) Telecom 498 0 0 (100.00%) 0.00% Roads 2883 2667 2583 (10.41%) (3.1

  34. Slide 34: Investments

    As on % Change PARTICULARS Sep 18 Jun 19 Sep 19 Y-O-Y Q-o-Q A. SLR Investments (i) HFT 0 0 26 - 209.00% (ii) AFS 10948 4300 13399 22.39% 211.63% (iii) HTM 26727 26460 27970 4.65% 5.71% Total SLR Investment 37675 30759 41395 9.87% 34.58% B. Non SLR Investments (i) HFT 0 0 1 48.57% 44.44% (ii) AFS 102

  35. Slide 35: Branch Network

    As on Category of Branch Sep 18 Jun 19 Sep 19 2 Metro 474 466 466 31 5 Urban 329 325 325 5 39 Semi- Urban 428 426 426 30 1 Rural 615 615 615 1 82 Total Branches 1846 1832 1832 35 10 1 13 1 67 7 1 1 144 31 As on Particular 36 8 1 Sep 18 Jun 19 Sep 19 1,121 Number of ATM 1875 1860 1860 27 500 + 17 100

  36. Slide 36: Shareholding Pattern

    Sep 2018 Sep 2019 PARTICULARS No. of Share % Holding No. of Share % Holding Govt of india 226.09 87.01% 538.66 92.49% Bank FIS & Insurance Co. 23.41 9.01% 23.32 4.00% FII, NRI & OCBs 0.65 0.25% 1.03 0.18% Others 9.69 3.73% 19.40 3.33% Total 259.84 100.00% 582.41 100.00% As on 30th Sep 2019 Govt of I

  37. Slide 37: Awards & Accolades

    EASE Banking Reform Awards, 2019: First Runner- up Ashirwad Rajbhasha Gaurav Bank awarded with Purashkar to Bank for better “Rajbhasha Kirti Puraskar” for implementation of Rajbhasha better implementation of Rajbhasha Hindi. Shri A. S. First Bank to receive this Rajeev, Managing Director & CEO award

  38. Slide 38: Social media handles

    @mahabank @mahabank @BankofMaharashtraOfficial @mahabank @mahabank @mahabank 37 @mahabank

  39. Slide 39: Safe Harbor

    Safe Harbor NS = The information contained herein speaks only as of the particular date or dates included in the accompanying slides. Bank has taken all the precautions for accuracy of data. However, bank is not responsible and will not be held liable to any one for any unintended error. Bank of Mah

  40. Slide 40: Thank You

    Thank You © @ @mahabank

Bank of Maharashtra — Q2 FY2019-20 Earnings Presentation on 6ix