Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2022 Earnings Presentation
42 slides from Bank Of Maharashtra's earnings presentation, January 2022
Slide 1: Financial Results Quarter/Nine Months Ended Dec 31, 2021
FINANCIAL RESULTS Quarter/Nine Months Ended Dec’31, 2021 1 www.bankofmaharashtra.in /mahabank
Slide 2: Major Financial Highlights
Major Financial Highlights (Y-o-Y) (Q: Dec’21 vis-à-vis Q: Dec’20) Net Profit Grew By Operating Profit 111 % to Rs. 325 Increased By 28 % Crore Cost Of Deposit Cost To Income Ratio Reduced By 40 Improved To 45.63 % Basis Points Net NPA Provision Coverage Ratio Reduced to 1.24 % Improved to 93.77% 2
Slide 3: Business Performance
Business Performance (Y-o-Y) (Q: Dec’21 vis-à-vis Q: Dec’20) 23 % 19% 10% 24 % Gross Advances Retail Agriculture MSME 12 % 15 % 18 % 55 % Net Investments Total Deposit Saving Deposit Current Deposit 3 www.bankofmaharashtra.in /mahabank
Slide 4: Profitability
Profitability ( ₹ In Crore ) Quarter Ended Nine Months Ended Operating Profit Operating Profit 1,500 4,000 1,000 3,000 1,400 3,669 1,162 2,000 500 907 2,419 1,000 0 0 Dec 20 Sep 21 Dec 21 Dec 20 Dec 21 Net Profit Net Profit 300 800 200 600 325 796 264 400 100 154 385 200 0 0 Dec 20 Sep 21 Dec 21 Dec
Slide 5: NII & NIM (%)
NII & NIM (%) ( ₹ In Crore ) Quarter Ended Nine Months Ended Net Interest Income Net Interest Income 1,800 4,500 1,500 4,000 1,200 3,500 4,432 1,383 1,406 1,500 1,527 1,306 3,000 3,514 900 600 2,500 Dec 20 Mar'21 Jun`21 Sep 21 Dec 21 Dec 20 Dec 21 Net Interest Margin (%) Net Interest Margin (%) 3.5
Slide 6: Statement of Income and Expense
Statement of Income and Expense ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) Dec`20 Dec`21 Y-o-Y(%) Total Income 3,582 4,039 3,893 8.70 10,162 11,723 15.37 Interest Income 3,007 3,207 3,282 9.15 8,771 9,593 9.37 Non-Interest Income 575 832 611 6.35 1,391
Slide 7: Interest Earnings
Interest Earnings Quarter Ended ( ₹ In Crore ) Nine Months Quarter Ended Half Year EndedEnded 3,500 3,207 3,282 12,000 3,098 3,104 3,007 3,000 10,000 9,593 8,771 2,500 8,000 2,000 6,000 1,500 4,000 1,000 2,000 500 0 0 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Interest on Advances 1,878 1,877
Slide 8: Non-Interest Income
Non-Interest Income ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) Dec`20 Dec`21 Y-o-Y(%) Fee Based Income 286 303 305 6.51 712 861 20.86 Treasury Income 211 113 114 (45.80) 511 528 3.36 Miscellaneous Income 77 415 192 148.11 167 741 343.00 Non-Interest Inc
Slide 9: Interest Expense
Interest Expense Quarter Ended Quarter Ended ( ₹ In Crore ) Nine Months Ended Quarter Ended Half Year Ended 1,800 5,300 5256 1,755 5,200 5161 1,750 1,715 1,708 1,701 1,698 5,100 1,700 5,000 1,650 4,900 1,600 4,800 1,550 4,700 1,500 4,600 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Other Interes
Slide 10: Operating Expense
Operating Expense Quarter Ended ( ₹ In Crore ) Nine Months Ended 1,200 3,500 1,078 974 987 976 2894 1,000 932 3,000 2486 2,500 800 2,000 600 1,500 400 1,000 200 500 0 0 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Staff Expense 624 694 497 567 524 Staff Expense 1561 1588 Other Operating Expense
Slide 11: Other Operating Expense
Other Operating Expense ( ₹ In Crore ) Quarter Ended Nine Months Ended Expenditure Item (Excluding Staff Exp.) Dec`20 Sept`21 Dec`21 Dec`20 Dec`21 Rent, taxes, lighting 55 47 57 161 169 Insurance 50 55 55 146 167 Depreciation on fixed assets 48 74 56 138 171 Repairs & Maintenance 47 42 52 111 142 Po
Slide 12: Provisions & Contingencies
Provisions & Contingencies ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Dec`20 Dec`21 Prov for Non Performing Assets 386 922 587 837 2,010 Prov for Standard/Restructured Assets 91 22 141 562 420 Prov for Non-performing Investment 44 (0) 96 161 95 Other provisions
Slide 13: Key Financial Ratios
Key Financial Ratios Quarter Ended Nine Months Ended 4.5 4.5 4.25 4.09 4.0 3.76 4.0 3.72 3.69 3.84 3.5 3.74 3.5 3.44 3.36 3.0 3.27 3.0 Dec'20 Sep'21 Dec'21 Dec'20 Dec'21 Cost of Deposits (%) Cost of Funds (%) Cost of Deposits (%) Cost of Funds (%) 65 60 50.69 51.79 45.63 44.09 50 45 39.96 35 30 20 1
Slide 14: Key Financial Ratios
Key Financial Ratios Quarter Ended Nine Months Ended 8 7.78 7.47 7.58 7.22 7.33 8 7.50 7.36 7 7 6 6.69 6.54 6 6.78 6.35 6.24 6.20 6.26 5 5 4 4 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Yield on Advances (%) Yield on Investments (%) Yield on Advances (%) Yield on Investments (%) 8 8 7 6.62 6.5
Slide 15: Assets & Liabilities – An Overview
Assets & Liabilities – An Overview (As on date) (₹ In Crore) Liabilities Dec`20 Sept`21 Dec`21 Capital 6,560 6,731 6,731 Reserves and Surplus 5,411 6,278 6,603 Deposits 1,61,971 1,81,572 1,86,614 Borrowings 4,765 7,873 16,140 Other Liabilities & Provisions 5,375 5,668 5,258 TOTAL 1,84,082 2,08,122 2
Slide 16: Business Mix
Business Mix (As on date) ( ₹ In Crore ) 3,50,000 3,15,620 2,96,808 3,00,000 2,81,659 2,84,970 2,66,875 2,50,000 2,00,000 1,50,000 1,00,000 50,000 0 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Total Deposit 1,61,971 1,74,006 1,74,378 1,81,572 1,86,614 Gross Advances 1,04,904 1,07,654 1,10,592 1,15,236 1,29,0
Slide 17: CASA Deposit – Healthy & Sustainable Growth
CASA Deposit – Healthy & Sustainable Growth ( ₹ In Crore ) % 1,20,000 56 1,02,732 97,889 55 1,00,000 93,945 92,490 55.05 82,452 54 80,000 53.99 53.91 53 53.04 60,000 52 51 40,000 50.91 50 20,000 49 - 48 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Saving Deposits 68,299 75,402 77,591 77,434 80,815 Current Dep
Slide 18: Investments
Investments (As on date) ( ₹ In Crore ) 80,000 Quarter Ended 72,821 72,285 72,328 68,647 70,000 64,638 60,000 50,000 40,000 30,000 20,000 10,000 - Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 HTM 44,469 47,235 47,943 48,123 47,327 AFS 20,169 21,411 24,877 24,101 25,018 HFT - 1 1 60 -17 Gross Investment 64,638
Slide 19: Credit Portfolio – Balanced Loan Growth
Credit Portfolio – Balanced Loan Growth (As on date) ( ₹ In Crore ) Growth Particulars Dec`20 Sept`21 Dec- 20 Dec`21 Jun-21 Sep -21 Y-o-Y(%) Gross Advances 1,04,904 1,15,236 1,29,006 22.98 of which Retail Sector 27,540 30,480 32,743 18.89 Agriculture Sector 16,467 17,040 18,092 9.87 MSME Sector 20,3
Slide 20: Retail
Retail (As on date) ( ₹ In Crore ) Growth Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) 29.78 Gross Advances 1,04,904 1,15,236 1,29,006 22.98 Total Retail Credit 27,540 30,480 32,743 18.89 59.95 6.05 of which Housing 16,813 19,112 19,628 16.74 4.22 Education 1,265 1,325 1,382 9.23 Vehicle 1681 1844 1,9
Slide 21: Agriculture
Agriculture (As on date) ( ₹ In Crore ) Growth Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) 29.00 Gross Advances 1,04,904 1,15,236 1,29,006 22.98 49.61 2.75 Total Agriculture Credit 16,467 17,040 18,092 9.87 3.19 of which 15.44 Farm Credit 11,982 12,188 12,347 3.05 (Crop, Investment & Allied) Crop Loa
Slide 22: MSME
MSME (As on date) ( ₹ In Crore ) 6.55 Growth Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) Gross Advances 1,04,904 1,15,236 1,29,006 22.98 30.70 Total MSME Credit 20,304 22,995 25,091 23.58 62.75 of which Micro 11,888 14,752 15,744 32.43 Small 7333 7011 7704 5.07 Medium 1083 1231 1644 51.74 Micro Small
Slide 23: External Rating-wise Advances – Above 25 Cr
External Rating-wise Advances – Above 25 Cr Dec’21 ( ₹ In Crore ) Dec`21 Sept`21 2.51 11.98 Particulars No. of Borrowers O/s Amount % to O/s Amt. No. of Borrowers O/s Amount % to O/s Amt. 19.35 13.59 4.09 11.90 Total Eligible Exposure 258 49,682 100 284 57,984 100 15.71 for External Rating 18.21 17.
Slide 24: Funded Exposure to Selected Sectors & Industries - Dec'21
Funded Exposure to Selected Sectors & Industries (more than 1%) - Dec’ 21 Food Credit 1.02 Commercial Real Estate 1.24 Basic Metal & Metal Product 1.27 All Engineering 1.28 Top 3 selected sectors are Infrastructure, Housing and Education 1.28 Agriculture & Allied Activites Vehicle Loans 1.40 which c
Slide 25: Improved Asset Quality backed by High PCR
Improved Asset Quality backed by High PCR (As on date) ( ₹ In Crore ) Particulars Dec`20 Sept`21 Dec`21 STANDARD 96,832 1,08,833 1,22,901 SUB-STANDARD 520 2,362 2,566 DOUBTFUL 7,050 3,406 3,100 LOSS 503 635 438 Total Advances 1,04,904 1,15,236 1,29,006 1,30,000 1,29,006 1,22,000 1,15,236 1,14,000 1,
Slide 26: Gross & Net NPA (%)
Gross & Net NPA (%) 9 8 7.69 7.23 7 6.35 6 5.56 5 4.73 4 3 2.59 2.48 2.22 2 1.73 1.24 1 0 Dec 20 Mar 21 June 21 Sept 21 Dec 21 Net NPA % Gross NPA % 26 www.bankofmaharashtra.in /mahabank
Slide 27: Provisions Coverage Ratio (%)
Provisions Coverage Ratio (%) 100 92.38 93.77 95 89.55 89.86 90.70 90 85 80 75.04 75 70.50 70 68.31 67.57 66.79 65 60 55 50 Dec 20 Mar 21 Jun 21 Sept 21 Dec 21 Provision Coverage Ratio [%] (including TWO) Provision Coverage Ratio [%] (excluding TWO) 27 www.bankofmaharashtra.in /mahabank
Slide 28: Movement of NPA
Movement of NPA ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Dec`20 Dec`21 Opening Level of Gross NPAs 9,105 7,022 6,403 12,152 7,780 Total Reductions 1049 1,236 1,024 4,233 3,376 of which : Recovery + 275 645 500 927 1,290 Upgradation Gross Addition 16 618 726 15
Slide 29: Sector-wise Credit Deployment & NPA
Sector-wise Credit Deployment & NPA ( ₹ In Crore ) Dec`20 Sept`21 Dec`21 Sector Sector Sector Sector Sector Sector Particulars Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Retail 27,540 659 2.39 30,480 503 1.65 32,743 429 1.31 Agriculture 16,467 3,340 20.28 17,040 3,258 19.12 18,092 3
Slide 30: Retail Sector - NPA
Retail Sector - NPA (As on date) ( ₹ In Crore ) Dec`20 Sept`21 Dec`21 Sector Sector Sector Sector Sector Sector Particulars Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Total Retail Credit 27,540 659 2.39 30,480 503 1.65 32,743 429 1.31 of which Housing 16,813 527 3.14 19,112 332 1.74
Slide 31: MSME Sector - NPA
MSME Sector - NPA (As on date) ( ₹ In Crore ) Dec`20 Sept`21 Dec`21 Sector Sector Sector Sector Sector Sector Particulars Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Total MSME Credit 20,304 2,059 10.14 22,995 1,892 8.23 25,091 1,653 6.59 of which Micro 11,888 1,078 9 14,752 1,221 8
Slide 32: Special Mention Account
Special Mention Account (As on date) ( ₹ In Crore ) Particulars Dec`20 Mar`21 Jun`21 Sept`21 Dec`21 SMA 1 6,206 2,735 2,624 3,212 3,634 SMA2 3,767 891 963 1,276 1,672 Total 9,973 3,626 3,587 4,487 5,306 5.92 6.0 4.5 3.59 2.54 2.79 2.82 3.0 2.37 1.11 1.30 1.5 0.83 0.87 0.0 Dec'20 Mar'21 Jun'21 Sep'21
Slide 33: Restructuring of Std. Advances
Restructuring of Std. Advances Quarter Ended ( ₹ In Crore ) As on Date 1,400 7,000 6,611 1,181 5,996 1,200 6,000 1,000 5,000 858 800 4,000 600 450 3,000 400 2,000 1,602 200 1,000 - - Dec'20 Sep'21 Dec'21 Dec'20 Sep'21 Dec'21 Corporate - - 99 Corporate - 1,019 1,117 MSME 268 622 263 MSME 901 2,390 2,
Slide 34: Restructuring of Advances
Restructuring of Advances ( ₹ In Crore ) Sector-wise COVID Restructuring under RP 1.0 as on 31.12.2021 RP Invoked RP Implemented (as on 31.03.21) RP Implemented (as on 30.06.21) RP Implemented (as on 30.09.21) RP Implemented (as on 31.12.21) Sector Amount Std % to % to Total Amount % to % to Total A
Slide 35: Capital Adequacy
Capital Adequacy 16 14.85 14.49 14.46 14.67 Bank has raised Rs. 1000 13.65 Crore, Tier-2 Bond from 14 3.52 3.46 3.29 4.24 LIC in the month of 12 3.11 October 2021. 11.5 10 9.5 8 6 11.38 10.54 10.97 11.00 10.61 Bank has raised capital 4 of Rs. 403.70 crore through QIP in July 2021 2 @Rs. 23.70 per sh
Slide 36: Digital Footprints (in Mio)
Digital Footprints (in Mio) (As on date) ATM Card Base E-transaction (%) 11.7 12 95.6 96 11.0 11 10.0 94.7 95 9.6 94.0 94.2 93.9 10 9.0 94 9 8 93 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 ATMs (Actuals) Internet Banking Users 2100 2,023 1.8 1,990 1.9 2000 1,950 1,922 1.7
Slide 37: Digital Footprints (in Mio)
Digital Footprints (in Mio) (As on date) Mobile Banking Users UPI/BHIM Users 2.0 1.8 1.7 1.6 1.6 1.8 1.6 1.5 1.6 1.5 1.6 1.5 1.4 1.5 1.4 1.2 1.4 1.2 1.4 1.0 1.3 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Mobile Banking Transactions UPI/BHIM Transactions 241.8 1.5 1.4 250 1
Slide 38: Financial Inclusion (in Mio)
Financial Inclusion (in Mio) (As on date) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 7.06 7.2 6.96 4 3.11 3.13 3.28 3.34 7 6.81 6.82 6.68 3.5 6.8 2.38 3 6.6 2.5 6.4 2 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 No. of policies iss
Slide 39: Equity Holding(%) & Ratios
Equity Holding(%) & Ratios 0.36% 4.72% 0.08% 0.25% As on Quarter Ended 3.62% Particulars Dec`20 Sept`21 Dec`21 No. of Share (crore) 656.00 673.05 673.05 Networth (Rs in crore) 7,794 9,280 9,627 Book Value per share 11.88 13.79 14.30 90.97% Return on Equity (%) 7.91 11.45 13.49 Govt of India Banks/ F
Slide 40: Products & Services
Products & Services 40 www.bankofmaharashtra.in /mahabank
Slide 41: Awards
Awards 41 www.bankofmaharashtra.in /mahabank
Slide 42: www.bankofmaharashtra.in /mahabank
42 www.bankofmaharashtra.in /mahabank
Bank of Maharashtra — Q3 FY2022 Earnings Presentation on 6ix