Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q4 FY2022 Earnings Presentation
24 slides from Dhanlaxmi Bank's earnings presentation, March 2022
Slide 1: Investor Presentation Q4 FY 2022
Investor Presentation Q4- FY 2022
Slide 2: Performance Highlights
Performance Highlights Q-o-Q Performance (Q4 and Q4) Performance Highlights YoY: Net Profit up by 344%. Operating Profit up by 76.47 Crore Operating Profit up by 56.47% Net Interest Income up by 35% Total business up by 10.69% Non-Interest income up by 229% Deposits up by 5.90 % CASA
Slide 3: Key Revenue Parameters
Key Revenue Parameters ₹. in Crore ₹. in Crore Net Interest Income Other Income 95.74 96.43 68.06 68.67 90.66 79.50 71.29 37.78 34.53 28.13 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 ₹. in Crore ₹. in Crore Operating Profit Net Profit 63.62 23.42 26.26 28.32 16.1
Slide 4: Key Ratios
Key Ratios Net Interest Margin Cost to Income Ratio 3.00 2.94 85.04 2.85 82.05 2.82 81.01 80.71 2.66 74.73 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 RoA 4.30 RoE 0.29 3.99 0.27 0.21 3.13 0.16 2.38 0.13 1.95 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22
Slide 5: Key Indicators
Key Indicators Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Book Value 34.15 34.42 34.57 34.66 35.57 Investor Earnings EPS 1.47 1.08 0.82 0.68 1.42 (Annualized) % of CASA + Core Deposits Retail Deposit 84% 85% 84% 84% 85% RoA 0.29 0.21 0.16 0.13 0.27 Profitability RoRWA 46.25 45.00 46.22 47.29 49.07 (Ann
Slide 6: Asset Quality – Rating Distribution
Asset Quality – Rating Distribution Rating Profile of Corporate Loan External Rating of Corporate Advances 13% 14% Rating Q3 FY22 Q4 FY22 Q4 9% 12% AAA 12% 14% AA 15% 13% 15% 13% 18% 25% Q3 A 19% 22% BBB 20% 20% 19% <BBB 25% 18% 20% 22% 20% Unrated 9% 13% AAA AA A BBB <BBB Unrated Total 100% 100% In
Slide 7: Comparison : Y-o-Y
Comparison : Y-o-Y Gross Advance Corporate MSME Agri & Micro Retail Advance 19% 51% 38% 2% 2% ₹. ₹. in Crore in Crore 7122-8444 1710 - 2578 1005 - 1386 799 - 814 3608-3666 Total Deposit CA SA CASA Retail TD Deposits 6% 4% 10% 9% 5% ₹. in Crore 11712-12403 698-724 3210-3528 3908-4252 5973-6258 NII Ot
Slide 8: Comparison : Q-o-Q (Q3 – Q4)
Comparison : Q-o-Q (Q3 – Q4) Gross Advance Corporate MSME Agri & Micro Retail (incl. Gold) Advance 12% 19% 21% 7% 5% ₹. in Crore 7552 - 8444 2163 - 2578 1148-1386 762 - 814 3479-3666 Total Deposit CA SA CASA Retail TD Deposits 2% 2% 7% 6% 1% ₹. in Crore 12101-12403 708-724 3300-3528 4008- 4252 6183-
Slide 9: Liability Trends
Liability Trends ₹. in Crore CASA Growth ₹. in Crore DEPOSITS 4252 3996 4008 10191 10510 9881 10041 3908 9862 3859 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 84% 85% 84% 84% 85% Cost of Deposits 5.22 1831 1796 1877 1910 1893 4.64 4.60 4.56 4.54 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Retail Bulk Q4 FY2
Slide 10: Advances
Advances GROSS ADVANCE Corporate ₹. in Crore 2578 2163 1710 1705 1659 2578, 30% 3710, 44% Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 ₹. in Crore Retail 5866 1342, 16% 5412 5312 5389 814, 10% 5212 Corporate SME Agri & Micro (Excl. Gold) Retail (Incl. Gold) Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Investo
Slide 11: Asset Quality
Asset Quality 310.26 ₹. in Crore Fresh Slippages 193.84 136.02 25.31 10.45 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 199 251 SMA Movement ₹. in Crore 161 299 274 99 166 55 135 93 355 295 275 161 176 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 SMA 2 SMA 1 SMA 0 Investor Presentation - March 2022 11
Slide 12: Asset Quality
Asset Quality Gross NPA% Net NPA% 4.76 4.58 4.92 9.23% 9.27% 8.67% 7.55% 3.83 6.32% 2.85 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 68% CD Ratio Provision Coverage Ratio 80.64 62% 77.55 61% 75.66 59% 58% 74.20 74.18 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21
Slide 13: Restructured Standard Advances
Restructured Standard Advances Restructured Standard Advances as on 31st March 2022 ₹. in Crore Total Restructured Standard Advances- Rs.383.82 Cr 0.98, 0% 31.53, 8% Education Loan 1.22, 1% MSME standard Restructuring 45.80, 12% Other restructuring 254.19, 66% Project Under Implementation 0.06, 0% P
Slide 14: Digital Migration
Digital Migration Digital Migration 65.36% 42.61% 25.58% Share of Digital Banking Transactions @ Retail Internet Mobile Banking Banking 65.36% as on turnover up by turnover up by 31st March 2022 42.61% YoY 25.58% YoY compared to 48.22% as on 31st March 2021 Investor Presentation - March 2022 14
Slide 15: Digital Migration
Digital Migration in Lakhs in Lakhs Mobile Banking Registered Customers Retail Internet Banking Registered Customers 7.96 7.98 7.76 7.79 7.56 7.59 7.03 7.05 6.88 6.9 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Investor Presentation - March 2022 15
Slide 16: Balance Sheet overview
Balance Sheet overview ₹. in Crore 31.03.2020 31.03.2021 31.03.2022 Particulars (Audited) (Audited) (Audited) CAPITAL AND LIABILITIES Capital 253 253 253 Reserves and Surplus 574 611 647 Deposits 10904 11712 12403 Borrowings 178 150 150 Other Liabilities and Provisions 356 370 343 TOTAL 12265 13096
Slide 17: Business Result
Business Result ₹. in Crore 31-03-2020 31.03.2021 Growth YOY 31.03.2022 Growth 2022 YOY Particulars (Audited) (Reviewed) 2021 (YOY) Growth% (Audited) (YOY) Growth% Interest Income 987.59 930.75 (57) (5.76) 916.64 (14.11) (1.52) Interest Expenses 614.41 601.10 (13) (2.17) 554.32 (46.78) (7.78) Net In
Slide 18: Indicators
Indicators ₹. in Crore Particulars Q4 FY 21 Q1 FY 22 Q2 FY 22 Q3 FY 22 Q4 FY 22 Yield on Advances (%) 9.99 9.12 9.56 9.62 9.53 Yield on Investments (%) 5.57 5.09 5.10 5.18 5.27 Cost of Deposits (%) 5.17 4.64 4.60 4.56 4.54 Cost of Funds (%) 5.28 4.75 4.70 4.67 4.64 Net Interest Margin (%) 2.82 2.66
Slide 19: Strong Management Team
Strong Management Team Strong Management Team Mr. Shivan J.K, Managing Director & CEO Bachelor in Agriculture, MBA & CAIIB; More than 37 years of experience in Retail, Agri, Corporate, International & Forex operations. Was Chief General Manager of Stressed Assets Resolution Group of State Bank o
Slide 20: Strong Management Team
Strong Management Team Mr. Santoy John, Chief Compliance Officer Post Graduate in Science, CISA & CAIIB and PGCP in Business Management from XIMB Bhubaneswar, previously associated with ICICI Bank and RBL Bank. Over 24 Years of experience covering Teaching, Retail Banking, Internal Audit, Inform
Slide 21: Tie-Ups
Tie-Ups Investor Presentation March 2022 21
Slide 22: Branch Network
Branch Network Over 520 customer touch points including 245 branches, 258 ATMs and 17 BCs Branch Presence Metro Branches – 58 Urban Branches – 62 Semi-Urban Branches –106 Rural Branches – 19 Investor Presentation March 2022 22
Slide 23: Disclaimer
Disclaimer This presentation has been prepared by Dhanlaxmi Bank (the “Bank”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published
Slide 24: Investor Presentation - March 2022
Investor Presentation - March 2022 23