Bandhan Bank Ltd. · NSE:BANDHANBNK
Bandhan Bank — Q3 FY2020-21 Earnings Presentation
28 slides from Bandhan Bank's earnings presentation, January 2021
Slide 1: Investor Presentation Q3 FY2020-21
Investor Presentation Q3 FY2020-21 January 2021 1
Slide 2: Disclaimer
Disclaimer • This presentation is confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Bandhan Bank Limited (also referred to as ‘Bank’). By attending a meeting where this presentation is made, or by reading this present
Slide 3: Key Highlights
Key Highlights 3
Slide 4: Key Highlights
Key Highlights Bandhan Bank - Overview Snapshot of operations Q3 FY 2020-21 Loan portfolio (on book + off book) for Q3 FY 20-21 grew 22.6% Y-o-Y Total Deposits ₹ 711.9 bn Deposits grew by 29.7% Y-o-Y in Q3 FY 20-21; Retail Deposit to Total Deposit at Total Loans and 81% advances ₹ 802.6 bn1 Gr
Slide 5: Steady growth in overall Bank's business
Steady growth in overall Bank’s business All values are in ₹ Billions Industry growth 26% YTD YoY 17% 1.7% 6.1% 1,514 1,428 6.7% 11.3% 1,289 1,349 1,204 802 Bandhan Growth 767 718 743 655 YTD YoY 11.7% 22.6% 661 712 549 571 606 24.7% 29.6% Dec'19 Mar'20 Jun'20 Sep'20 Dec'20 Deposit Advance 5 Source
Slide 6: Healthy growth in EEB portfolio with increased focus on Individual Loans
Healthy growth in EEB portfolio with increased focus on Individual Loans Portfolio values are in ₹ Billions EEB Portfolio Movement 32% 530 401 309 215 169 Dec'16 Dec'17 Dec'18 Dec'19 Dec'20 EEB Individual vs. EEB Group Comparison EEB Individual Y-o-Y Growth EEB Group Y-o-Y Growth Share of Group & In
Slide 7: Steady Collection Efficiency
Steady Collection Efficiency EEB Collection Efficiency (Excluding arrears) EEB Collection Efficiency [Value% ] of top states 94% 94% States Dec’20 1st - 16th Jan’21 92% 92% West Bengal 90% 89% 89% 90% Assam 88% 78% Rest of India 94% 94% for the month of Sept'20 for the month of Dec'20 1st Jan'21 - 1
Slide 8: Strong CASA growth backed by new customer acquisition
Strong CASA growth backed by new customer acquisition and higher engagement with existing customer New CASA Account Sourcing* CASA Balances (INR Bn.) (in ‘000’) 26.5 21.9 14.4 28.1 52.2 350 20.6% 25.0% 300 16.4% 20.0% 12.5% 245 241 238 250 11.6% 7.1% 15.0% 200 10.0% 188 210 225 253 305 150 5.0% 100
Slide 9: Strong growth observed in retail deposit book across all regions
Strong growth observed in retail deposit book across all regions in Q3FY21 Retail Share % Retail Deposit Growth 81% 78% 78% YoY Growth: 23% 77% 76% Share: 5% YoY Growth: 65% Share: 5% YoY Growth: 40% Share: 10% Dec'19 Mar'20 Jun'20 Sep'20 Dec'20 Geo-Region Share of Bank Share of Retail Branch % Depo
Slide 10: Business & Financial Overview
Business & Financial Overview 10
Slide 11: Geographical Distribution
Geographical Distribution Banking Outlets Focus on serving the rural & underbanked 5,197 population 4,288 4,701 1,107 Banking Outlets as on 31st Dec 2020* 1,009 1,045 4,090 10% Metro 3,279 3,656 34% 18% Urban 38% Semi-Urban Dec'19 Dec'20 Sep'20 Rural Banking Units Branches *Basis original classifica
Slide 12: Asset Book Mix
Asset Book Mix Total Advances (₹ in Billion) 802.6 766.1 Dec-20 654.6 66.8 EEB Group 25% 7.9 65.7 EEB Individual 7.3 8% 60% Retail 54.8 197.4 8.0 195.3 CB 1% 6% Mortgages 190.8 Sep-20 25% EEB Group 530.5 497.8 EEB Individual 401.0 9% 62% Retail CB 1% Mortgages 3% Dec'19 Dec'20 Sep'20 EEB Mortgages S
Slide 13: Emerging Entrepreneurs Business
Emerging Entrepreneurs Business Emerging Entrepreneurs Asset Growth Number of Active Borrowers (Mn) (₹ in Billion) 530.5 497.8 52.6 32.0 401.0 6.7 11.3 11.2 477.9 465.8 394.3 10.5 Dec'19 Dec'20 Sep'20 Dec'19 Dec'20 Sep'20 Group Based Individual Top-up Loan Disbursement EEB Loan Disbursement (₹ in Bi
Slide 14: Housing Finance
Housing Finance Housing Asset Bifurcation (₹ in Billion) Customers 0.6% 197.4 Housing Fin Growth 195.3 Excluding Construction FIn 190.8 7.8 5.2 6.3 44.3 26.8 29.5 22.7 Housing Excluding % 55.1 Construction FIn % Q-o-Q YoY 156.2 162.7 166.3 Salaried 6.2% 5% Self Employed Dec'19 Dec'20 Sep'20 In 2020,
Slide 15: Commercial Banking (CB) & Retail Assets
Commercial Banking (CB) & Retail Assets Product wise CB Assets (₹ in Billion ) SME & NBFC Others Growth NBFC-Others 66.8 65.7 SME 54.8 Q-o-Q YoY 38.1 33.7 23.3 14% 37% 7.1 9.7 8.5 24.4 23.5 19.0 13% 64% Dec'19 Dec'20 Sep'20 NBFC -MFI NBFC-Others* SME CB & Retail Disbursements# – (₹ in Billion) Produ
Slide 16: Liabilities Profile
Liabilities Profile Deposits Growth (₹ in Billion) Retail to Total Deposits (%) 76.2% 81.0% 76.9% 711.9 661.3 Dec'19 Dec'20 Sep'20 549.1 135.2 152.6 CASA (%) 130.9 42.9% 34.3% 38.2% 271.5 255.9 229.8 Dec'19 Dec'20 Sep'20 270.3 220.0 160.1 Average SA Balance Per Customer (₹ in 000’) 28.3 34.9 32.8 Ge
Slide 17: Financial Performance
Financial Performance Total income (₹ in Billion) Operating Profit (₹ in Billion) Net Interest Income Other Income Total Income 19.1 16.3 12.6 Q3 FY 20 Q3 FY 21 Q2 FY 21 Strong Operating Profit growth on account of higher NIMs & 26.3 Non-interest income 23.1 PAT (₹ in Billion) 19.0 5.6 9.2 3.8 7.3 3
Slide 18: Financial Performance
Financial Performance Capital Adequacy Ratio (CRAR) NIM (Annualized) Tier I Tier II Total 10.00% 8.3% 7.9% 8.0% 24.7% 26.2% 25.7% 1.6% 4.8% 3.5% 23.1% 21.4% 22.2% 0.00% Dec'19 Dec'20 Sep'20 Q3 FY 20 Q3 FY 21 Q2 FY 21 CRAR for Dec’20 after considering 9M FY21 Profits is 29.2% Spread (Annualized) Yiel
Slide 19: Financial Performance
Financial Performance ROAA & ROAE (Annualized)# ROAA ROAE 22.5% 20.0% 14.6% 3.5% 2.4% 3.6% Q3 FY20 Q3 FY21# Q2 FY21# Cost to Income Ratio Operating expenses to Average Assets (Annualized) 33.4% 27.1% 29.4% 2.9% 2.6% 2.6% Q3 FY20 Q3 FY21 Q2 FY21 Q3 FY20 Q3 FY21 Q2 FY21 # ROAA & ROAE for Q3 FY21 is af
Slide 20: Financial Performance
Financial Performance Segmental GNPA movement - (₹ in Billion) Gross NPA and Net NPA Gross NPA (%) Net NPA 11.8 1.9% 8.7 1.1% 1.2% 0.4 0.8% 8.6 0.3% 0.4% 5.5 0.1 0.1 Dec'19 Dec'20 Sep'20 Retail CB* Credit Cost (Annualized) 5.2 5.3 Housing 5.6% EEB 3.0 2.1% 1.8% 2.4 2.3 2.9 0.9 1.0 1.3% 5.4% 1.8% Dec
Slide 21: Profit & Loss Statement (IN ₹ Bn)
Profit & Loss Statement (IN ₹ Bn) Particulars Q3 FY 21 Q2 FY 21 QoQ% Q3 FY 20 YoY% FY 20 Interest Income 33.08 31.98 3.44% 27.18 21.71% 108.86 Interest expenses 12.36 12.75 -3.06% 11.77 5.01% 45.62 Net Int. Income (NII) 20.72 19.23 7.75% 15.41 34.46% 63.24 Non Interest Income 5.53 3.82 44.76% 3.58 5
Slide 22: Balance Sheet (IN ₹ Billion)
Balance Sheet (IN ₹Billion) As at As at Particulars % Change 31st Dec. 2020 31st Mar 2020 Capital & Liabilities Capital 16.10 16.10 0.00% Reserves & Surplus 156.90 135.85 15.50% Shareholder Funds 173.00 151.95 13.85% Deposits 711.88 570.82 24.71% Borrowings 126.67 163.79 -22.66% Other liabilities an
Slide 23: Credit Rating
Credit Rating Rating of Bank’s Financial Securities Amount Instrument Rating Rating Agency (₹ in Billion) Subordinated Tier II Non - CARE AA-; Stable CARE Ratings 1.60 Convertible Debenture [ICRA]AA; Stable ICRA [ICRA] AA; Stable ICRA Non-Convertible Debenture # 50.75** CRISIL AA/Stable CRISIL Term
Slide 24: Our Board & Management
Our Board & Management 24
Slide 25: Management Team
Experienced and professional team… Chandra Shekhar Ghosh Sudhin Choksey MD & CEO Head, Housing Finance Founder of BFSL, has 27 years of experience in the field of 41+ years experience in financial industry. microfinance and development Previously served as Managing Director at GRUH Finance Lim
Slide 26: Board of Directors
… backed by a strong independent Board Dr. Anup Kumar Sinha Chandra Shekhar Ghosh Non-executive Chairman MD & CEO Economist with Ph.D from University of Southern California Has significant experience in the field of microfinance Served as Professor of Economics at IIM Calcutta for 25 years A
Slide 27: Awards and accolades
Awards and accolades Businessworld Magna Awards 2019 Banker of the Year by Business Standard Mr. Chandra Shekhar Ghosh, Managing Director and Chief Executive Officer Bandhan Bank won two awards in the small size bank was declared as the Business Standard category at Magna Awards 2019 by Businessworl
Slide 28: Thank You
Thank You Investor.relations@bandhanbank.com 28