Bandhan Bank Ltd. · NSE:BANDHANBNK

Bandhan Bank — Q3 FY2020-21 Earnings Presentation

28 slides from Bandhan Bank's earnings presentation, January 2021

  1. Slide 1: Investor Presentation Q3 FY2020-21

    Investor Presentation Q3 FY2020-21 January 2021 1

  2. 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

  3. Slide 3: Key Highlights

    Key Highlights 3

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. Slide 10: Business & Financial Overview

    Business & Financial Overview 10

  11. 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

  12. 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

  13. 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

  14. 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,

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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

  20. 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

  21. 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

  22. 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

  23. 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

  24. Slide 24: Our Board & Management

    Our Board & Management 24

  25. 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

  26. 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

  27. 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

  28. Slide 28: Thank You

    Thank You Investor.relations@bandhanbank.com 28

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