Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — H1 FY2024 Earnings Presentation
39 slides from Bank Of Maharashtra's earnings presentation, September 2023
Slide 1: Financial Results for Quarter/Half-Year Ended 30th September 2023
FINANCIAL RESULTS For Quarter/ Half-Year Ended, 30th September, 2023 www.bankofmaharashtra.in /mahabank
Slide 2: Contents
Contents Page 1. Macro Economy Highlights 3 2. Major Highlights 4 3. Business Performance 5-7 4. Financial Performance 8 – 21 5 Asset Quality 22 - 28 6. Capital 29 - 30 7. Digital Banking 31 - 33 8. Financial Inclusion 34 9. Expanding Footprints 35 10. Other Information 36 - 38 2 www.bankofmaharasht
Slide 3: Macro Economy Highlights
Macro Economy Highlights India became the 5th largest economy in the world with Real GDP growth for the CRAR of Scheduled Commercial Banks (%) * first quarter of 2023-24 stood at 7.8 % (y-o-y). 16.3 16.8 As per IMF, India`s GDP is expected to grow by 6.3% in FY 23-24 14.8 14.2 14.3 13.9 13.7 13.
Slide 4: Major Highlights
Major Business Financial Asset Quality Capital Highlights Performance Performance (Y-o-Y) (Q: Sept` 23 vis-à-vis Q: Sept` 22) Net Profit Operating Profit NIM % Return on Assets Total Business Increased by Increased by Increased by 71.90 % 31.37 % 3.89 (3.55) 1.37 (0.92) 22.77 % Total Deposits Saving
Slide 5: Business Performance: Total Business
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Business ( ₹ in Crore ) (%) Last 5 Quarters 22.77 % (Y-o-Y) 450,000 422,420 100 420,041 409,202 400,000 95 365,398 344,065 350,000 90 300,000 85 250,000 80 200,000 75 150,000 70 100,000 50,000 65 - 60 Sept`22 Dec
Slide 6: Business Performance: CASA Deposit and Gross Advances
Major Highlights Business Financial Asset Quality Capital Performance Performance CASA Deposit Gross Advances ( ₹ in Crore ) Last 5 Quarters 10.1 % (Y-o-Y) (%) ( ₹ in Crore ) Last 5 Quarters 23.55 % (Y-o-Y) (%) 140,000 100 200,000 100 183,122 124,961 124,547 175,120 175,676 121,337 90 180,000 120,00
Slide 7: Business Performance: Investments
Major Highlights Business Financial Asset Quality Capital Performance Performance Investments ( ₹ in Crore ) 80,000 (Quarterly) 72,379 70,731 70,490 68,116 69,215 70,000 60,000 50,000 40,000 30,000 20,000 10,000 - Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 HFT 24 0 0 1 503 AFS 21,172 17,967 17,371 20,496
Slide 8: Financial Performance: Profitability
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) Operating Profit ( ₹ in Crore ) 71.90 % (Y-o-Y) (Quarterly) 31.37 % (Y-o-Y) (Quarterly) Net Profit 2,500 1,000 920 882 840 1,855 1,863 1,920 775 2,000 800 1,580 1,462 1,500 600 535 1,162 1,
Slide 9: Financial Performance: Profitability (NII and NIM)
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) NET Interest Income 28.88 % (Y-o-Y) (Quarterly) (%) NIM % (Quarterly) 3,000 5.0 2,340 2,432 3.78 3.86 3.89 2,400 2,187 4.0 3.55 3.60 1,980 3.11 3.17 3.28 1,887 1,800 1,612 1,686 3.0 1,527 1
Slide 10: Statement of Income and Expenditure
Major Highlights Business Financial Asset Quality Capital Performance Performance Statement of Income and Expenditure ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`22 Jun`23 Sept`23 Y-o-Y (%) Sept`22 Sept`23 Y-o-Y (%) Mar`23 Total Income 4,317 5,417 5,736 33 8,092 11,153 3
Slide 11: Interest Earnings
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Earnings ( ₹ in Crore ) 6,000 (Quarterly) ( ₹ in Crore ) (Half-Yearly) 12,000 5,068 4,789 9,857 5,000 10,000 4,495 4,129 4,000 3,815 8,000 7,273 3,426 3,457 3,282 6,311 5,673 5,764 3,000 6,000 2,000 4,000 2,00
Slide 12: Non-Interest Income
Major Highlights Business Financial Asset Quality Capital Performance Performance Non-Interest Income ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`22 Jun`23 Sept`23 Y-o-Y (%) Sept`22 Sept`23 Y-o-Y (%) Mar`23 Comm. from Advances 134 150 175 31 240 325 36 545 Other Commissi
Slide 13: Interest Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Expenses ( ₹ in Crore ) (Quarterly) ( ₹ in Crore ) (Half-Yearly) 3,000 6,000 2,636 5,085 2,449 2,500 5,000 2,308 2,149 1,928 2,000 4,000 1,814 3,700 1,755 1,772 3,603 3,556 3,405 1,500 3,000 1,000 2,000 500 1,
Slide 14: Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Operating Expenses ( ₹ in Crore ) (Quarterly) ( ₹ in Crore ) (Half-Yearly) 1,250 Operating Expenses 1,179 1,154 2500 1,105 2,285 1,040 976 1,000 955 927 2000 1,918 1,728 801 1,475 1,512 750 1500 500 1000 250 500 - 0 De
Slide 15: Other Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`22 Jun`23 Sept`23 Y-o-Y (%) Sept`22 Sept`23 Y-o-Y (%) Mar`23 Rent, Taxes & Lighting 63 64 70 12 121 135 11 248 Printing
Slide 16: Provisions & Contingencies
Major Highlights Business Financial Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`22 Jun`23 Sept`23 Sept`22 Sept`23 Mar`23 Provision for Non Performing 532 539 597 1,169 1,137 2,253 Assets Provision f
Slide 17: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Cost of Deposits (%) Cost of Funds (%) Cost to Income (%) 45.63 44.76 3.93 3.62 3.70 4.29 3.61 39.99 39.69 4.06 3.32 3.31 38.82 38.34 38.04 3.95 3.27 37.23 3.18 3.81 3.69 3.61 3.54 3.46 D
Slide 18: Key Financial Ratios: Yields
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Yield on Advances (%) Yield on Funds (%) Yield on Investments (%) 8.93 7.56 8.62 7.24 8.49 7.05 8.28 6.94 6.37 6.36 6.34 6.20 6.16 6.18 7.81 6.55 6.04 6.27 5.87 7.33 7.43 6.21 6.12 7.04 D
Slide 19: Key Financial Ratios: ROA, ROE, EPS, Book Value
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Return on Assets (%) Return on Equity (%) 26.32 24.41 23.73 23.25 1.30 1.32 1.33 1.37 18.32 16.75 0.92 13.49 13.96 0.81 0.60 0.65 Dec`21 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Jun`23 Sept`23
Slide 20: Assets & Liabilities – An Overview
Major Highlights Business Financial Asset Quality Capital Performance Performance Assets & Liabilities – An Overview ( ₹ in Crore ) Assets Sept`22 Mar`23 Jun`23 Sept`23 Cash & Balance with RBI 14,483 18,508 21,172 14,221 Balances with Bank & Call Money 29 21 566 543 Total Investments (Net of Depreci
Slide 21: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ in Crore ) Credit Portfolio – Balanced Loan Growth ( ₹ in Crore ) Growth RETAIL CREDIT Particulars Sept`22 Jun`23 Sept`23 (Y-o-Y) % Particulars Sept`22 Jun`23 Sept`23 Growth (Y-o-Y) % Gross Advances 1,48,216 1,75,6
Slide 22: Funded Exposure to Selected Sectors & Industries
Major Highlights Business Financial Asset Capital Performance Performance Quality Funded exposure to selected sectors & industries with total exposure (more than 1%) – September` 23 Vehicle Loans 1.11% Chemicals & Chemical Products 1.12% Top 3 selected sectors are All Engineering 1.24% Infrastructur
Slide 23: External Rating-wise Advances – Above 25 Cr
Major Highlights Business Financial Asset Capital Performance Performance Quality External Rating-wise Advances – Above 25 Cr ( ₹ in Crore ) Sept`22 Jun`23 Sept`23 Particulars No. of % of O/s No. of % of O/s No. of % of O/s O/s Amount O/s Amount O/s Amount Borrowers Amount Borrowers Amount Borrowers
Slide 24: Asset Quality
Major Highlights Business Financial Asset Capital Performance Performance Quality Asset Quality ( ₹ in Crore ) Sept`22` Dec`22 Mar`23 Jun`23 Sept`23 Particulars % of Gross % of Gross % of Gross % of Gross % of Gross Amount Amount Adv. Adv. Amount Adv. Amount Adv. Amount Adv. Standard 1,43,177 96.60
Slide 25: Gross & Net NPA, Provision Coverage Ratio
Major Highlights Business Financial Asset Capital Performance Performance Quality Gross & Net NPA (%) Provisions Coverage Ratio (%) 4.73 98.28 98.37 98.40 5.0 97.18 100 96.06 3.94 93.77 94.79 95.04 3.74 4.0 3.40 93 2.94 3.0 2.47 86 90.44 90.2 90.30 2.28 2.19 84.95 2.0 79 1.24 80.76 0.97 0.88 1.0 0.6
Slide 26: Movement of NPA and Sector-wise Credit Deployment
Major Highlights Business Financial Asset Capital Performance Performance Quality Movement of NPA ( ₹ in Crore ) Sector-wise Credit Deployment & NPA ( ₹ in Crore ) Last 5 Quarters Sept`22 Jun`23 Sept`23 Particulars Particulars Sector Sector Sector Sector Sector Sector Sept`22 Dec`22 Mar`23 Jun`23 Se
Slide 27: Retail and MSME Sector NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ in Crore ) Sept`22 Jun`23 Sept`23 Particulars Retail Sector NPA % Sector Sector Sector Sector Sector Advances Sector NPA Advances Advances 1.31 NPA % NPA NPA % NPA NPA % Total Retail Credit 38,5
Slide 28: Restructuring of Advances
Major Highlights Business Financial Asset Capital Performance Performance Quality Restructuring of Advances ( ₹ in Crore ) Sector-wise COVID Restructuring under RP 1.0 as on 30.09.2023 RP Invoked RP Implemented Balance (as on 30.09.22) RP Implemented Balance (as on 30.06.23) RP Implemented Balance (
Slide 29: Capital Adequacy
Business Financial Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) 21 Particulars Sept`22 Jun`23 Sept`23 18.14 18.07 17.53 17.61 18 16.48 16.71 RWA for Credit Risk 84,499 99,432 1,03,825 16.15 14.85 15 14.25 14.36 13.47 13.72 RWA for Market Risk 4,708 4,860 6,057
Slide 30: Equity Holding & Ratios
Business Financial Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Domestic Companies; 0.71% Individuals; 6.85% Particulars Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 Mutual funds/ UTI; 0.53% No. of Shares (in crore) 673.05 673.05 673.05 708.14 708.14 FI
Slide 31: New Initiatives in Digital Banking
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards New Initiatives in Digital Banking Internet Banking • Payment of Credit Card dues Mobile Banking • CIF based consolidated statement WhatsApp Banking • Open PPF Account • Reduced Beneficiary addition
Slide 32: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints ATM Card Base (Mio.) UPI/BHIM Users (Mio) 2.58 13.82 2.57 2.56 13.57 2.53 13.38 2.49 13.20 13.04 Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 ATMs (Act
Slide 33: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints Digital transaction (%) Whats App Onboarding (Lakhs) QR Merchant Onboarding 6.47 (Lakhs) 97.27 5.7 11.08 11.00 10.91 96.92 96.96 4.33 96.66 10.48 3.15 96.34 10.14 2.37 Sept`22 Dec`
Slide 34: Financial Inclusion
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 74.1 74.4 64.7 72.7 71.6 55.2 70.5 47.3 40.6 42.2 Sept`22 Dec`22 Mar`23 Jun`23 Se
Slide 35: Expanding Footprints
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards No. of Branches Category Sept`22 Dec`22 Mar`23 Jun`23 Sep`23 Metro 488 501 518 545 563 Urban 431 448 477 490 508 Semi Urban 542 573 602 621 661 Rural 605 606 606 607 609 Total Branches 2,066 2,128 2,
Slide 36: ESG Initiatives
Digital Banking Financial Expanding ESG Products, Services & Inclusion Footprints Initiatives Awards •Maha Super Green Housing Loan Scheme - Green Building Green Finance •Maha Super Green Car Loan Scheme - E Vehicle •Concession in RoI 0.10% to 0.50% E-Waste & •E-waste collected ~34500 KGS; recycled
Slide 37: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 37 www.bankofmaharashtra.in /mahabank
Slide 38: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards FE Best Bank Award at the hands Technology Best Innovation of Shri Rajeev Retail Bank of the Winner Award in in User Chandrasekhar, Year 2023 the BFSI Experience of the Minister of State for at India
Slide 39: Thank You
“SEAMLESS ; DIGITAL BANKING OF EXPERIENCE~ > Scan here to download MAHA MOBILE PLUS
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