Axis Bank Limited · NSE:AXISBANK
Axis Bank — Q2 FY2011 Earnings Presentation
34 slides from Axis Bank's earnings presentation, October 2010
Slide 1: H1 FY2011 First Half Results Investor Presentation
cv OMNMJNN cirst ealf oesults fnvestor mresentation
Slide 2: Performance Highlights
merformance eighlights nOcvNN eNcvNN ket mrofit PU B vlv PRB vlv ket fnterest fncome QM B vlv QP B vlv cee fncome NU B vlv NU B vlv lperating oevenue OM B vlv OO B vlv lperating mrofit NQB vlv NU B vlv ket fnterest Margin PKSUB PKSVB `ost of cunds QKTRB QKSVB 1
Slide 3: Shareholder Returns
phareholder oeturns cvMS cvMT cvMU cvMV cvNM eNcvNN NKST QPOKRM ONKUQ NKRS PVRKVV NVKVP NVKUV NKQQ NUKQQ NUKNU NKNU NKOQ NSKMV NKNM OUQKRM OQRKNQ NOMKRM NMPKMS Book salue per phare E`F oeturn on bquity EBF oeturn on Assets EBF 2
Slide 4: Interpretation of Q2FY11 Performance
fnterpretation of nOcvNN merformance • drowth in the Bank’s core businesses – qotal ket Advances grew PSB yoy to `NINMIR9P crores – qotal fnvestments grew N9B yoy to `SNI94O crores – qotal Assets registered a POB yoy growthI rising to `NI99IUPP crores – cees grew by NUB yoyI rising to `U49 crores –
Slide 5: Profitability
mrofitability pustained drowthW oobust `ore oevenues nOcvNM nOcvNN eNcvNM eNcvNN Amounts in `Crores Amounts in `Crores RINSP OISQU OIRQM QIURV OIONR QIONV NIVVN PISSV NIPTU OISPO NIMUO NIVPO TPR NIQTT RPO NIMVQ ket mrofit `ore lperating `ore ket mrofit `ore lperating `ore lperating oevenue lperating
Slide 6: Consistent Net Profit Growth
`onsistent ket mrofit drowth cvMS cvMT cvMU cvMV cvNM cvNN Amounts in ` Crores TSR TQO TPR SRS RUO RSO RPO RMN QMP PSN PPM PMT OOU ONO NTR NUR NQO NRO NON NPO NMV VP nuarter N nuarter O nuarter P nuarter Q nuarterly ket mrofits 5
Slide 7: Net Interest Margin and Cost of Funds
ket fnterest Margin and `ost of cunds ket fnterest Margin `ost of cunds QKMVB QKMMB RKQNB PKTNB QKUPB PKSUB QKTRB QKSNB PKROB QKRQB nOcvNM nPcvNM nQcvNM nNcvNN nOcvNN nOcvNM nPcvNM nQcvNM nNcvNN nOcvNN kfMs for the last R years cvMS OKURB cvMT OKTQB cvMU PKQTB cvMV PKPPB cvNM PKTRB 6
Slide 8: Growing Net Interest Income
drowing ket fnterest fncome nOcvNM nOcvNN eNcvNM eNcvNN Amounts in ` Crores Amounts in ` Crores NISNR PINOV NINRM OINVR QMB vlv QPB vlv kffs for the last R years cvMS NIMTU cvMT NIQSU cvMU OIRUR cvMV PISUS cvNM RIMMQ 7
Slide 9: Growing Demand Deposits
drowing aemand aeposits vlv drowth in aaily Average aemand and qerm aeposits aeposit nOcvNN eNcvNN pavings QNB QMB `urrent OUB POB qotal aemand aeposits PSB PTB qotal aeposits PSB PPB SRINUS EQOBF QVIQSO aemand aeposits POB vlv EQPBF VNITMN qerm aeposits PVB vlv SSINPT ERUBF ERTBF PMth pepDMV PM
Slide 10: Fees
cees nOcvNM nOcvNN eNcvNM eNcvNN Amounts in ` Crores Amounts in ` Crores UQV NIRVO TNV NIPQS NUB vlv NUB vlv cees for the last R years cvMS RRU cvMT UVM cvMU NIQVR cvMV OIQQT cvNM OIVOR 9
Slide 11: Fee Income Composition
cee fncome `omposition OVU nOcvNM nOcvNN Amounts in ` Crores OPM ONQ NVQ NSR NQT VS VO RS QU NP NS iarge C Mid qreasury C a`M Agri C pMb Business Banking `apital Markets oetail Business `orporate `redit Banking RQB vlv NOB vlv ¯ NQB vlv ¯ QB B vlv OPB vlv TB vlv ROR eNcvNM eNcvNN Amounts in
Slide 12: Trading Profits
qrading mrofits qrading mrofit solume B of lperating oevenue Amounts in ` Crores OOQ NMB NMU QB nOcvNM nOcvNN nOcvNM nOcvNN ¯ ROB vlv RRM NPB PMQ SB eNcvNM eNcvNN eNcvNM eNcvNN ¯ QR B vlv 11
Slide 13: Stressed Assets and Net NPA
ptressed Assets and ket kmA EBF dross kmAs ket kmAs ket kmA EBF Amounts in ` Crores NIRMM MKVMB NIPQN NIPSO NIPNU NIPMM MKUMB NINTQ NINPO MKTMB NINMM ket kmA as at yearJend MKSMB cvMS MKTRB VMM cvMT MKSNB MKQRB MKQSB MKRMB cvMU MKPSB TMM MKPSB MKPRB MKPQB MKQMB cvMV MKPRB RMM QNT QPM QNV QNP QMV cvN
Slide 14: Business Overview
BUSINESS OVERVIEW A
Slide 15: Network: Increasing Reach
ketwork fncreasing oeach STS NINMP SQP NIMPR RNR UPR STN QMR RSN PPO QRM ORU Branches H bxtension `ounters `entres `overed QIUQS QIOVP Branch aemographics EaomesticF PIRVR Branches bxtnK `ounters OITSQ Metro PQM S OIPQN rrban QNN O NIUVN pemiJurban OTQ J oural TM J qotal NIMVR U AqMs MarDMS MarDMT M
Slide 16: Large and Mid Corporate Banking
iarge and Mid `orporate Banking • cocus on quality of credit assets with stress on corporates having – dlobal competitive advantage in their businesses – dood corporate governance and management practices • Business pegments – iarge `orporates – fnfrastructure – Mid `orporates • oigorous and regular
Slide 17: Distribution of Ratings
aistribution of oatings Eiarge and Mid `orporateF TQB of corporate advances have rating of at least ‘A’ as at pep’NM OB SB NMB VB UB OPB NVB NUB NVB OOB AAA AA A RPB QVB QTB QSB QQB BBB YBBB or rnrated OOB OOB OPB OPB NVB PB QB PB PB PB pepJMV aecJMV MarJNM gunJNM pepDNM 16
Slide 18: SME and Agri Business
pMb and Agri Business PMth pepDMV PMth pepDNM NSIUNO Amounts in ` Crores NRIMNN VMTP TVQT pMb Advances Agricultural C Microfinance Advances NOB vlv NQB vlv pMb `entres OR OS Agri `lusters RS SS • ppecialised pMb `entres for pMb • ppecialised `lusters for Agricultural lendingI appraisalsI sanctio
Slide 19: Distribution of Ratings: SME
aistribution of oatingsW pMb TVB of pMb advances have rating of at least ‘pMbP’ as at pep’NM NB NB OB OB OB NNB NNB NPB NRB NTB pMb N SOB pMb O SPB SOB SMB SMB pMb P pMb Q pMb RJU NTB NTB NPB NPB NOB UB VB NMB VB VB pepJMV aecJMV MarJNM gunJNM pepDNM 18
Slide 20: Sector Composition
pector `omposition Across iarge `orporateI Mid `orporateI pMb and `orporate Agri lutstanding as on PMth pep’NM EBF oank pectors konJfund qotal cundJbased based NK cinancial companiesG NOKSU NOKSN NOKUN OK fnfrastructure constructionGG NNKVT VKPR NSKSO PK mower generation C distribution UKSN RKON NQK
Slide 21: Business Banking: Cash Management Services
Business Banking `ash Management pervices PMth pepDMV PMth pepDNM TIPOR • `ollection of `entral dovernment taxes on behalf of `Baq and `Bb`I including through eJpayments RIRQR • `ollection of ptate dovernment taxes on behalf of U ptate dovernments and rq • `ollections and payments for `entral dovern
Slide 22: Business Banking: Current Accounts Growth
Business Banking `urrent Accounts drowth PMth pepDMV PMth pepDNM Amounts in ` Crores OTIPTQ `urrent Account deposits ONIQRR for the last R years Eas on PNst MarchF Mar’MS TIVTM Mar’MT NNIPMQ Mar’MU OMIMQR Mar’MV OQIUOO Mar’NM POINSU `urrent Account aeposits OUB vlv • tide range of products • `usto
Slide 23: Treasury
qreasury NPNIPPU STKS nOcvNM NQSKR nOcvNN VPITQU Amounts in ` Crores PRKR NPKV EPSKPF corex qurnover corex qrading pio C Money Market qrading EQQKRF QMB vlv VMB vlv ¯ VNB vlv aerivatives qrading OPNIQPR TRKT PMNKO NUNITRN eNcvNM eNcvNN Amounts in SQKU ENVKTF ` Crores SOKO EQSKTF corex qurnover c
Slide 24: Debt Capital Markets
aebt `apital Markets nOcvNM nOcvNN eNcvNM eNcvNN Amounts in ` Crores Amounts in ` Crores OSIQNP QUIQQT ONISMM PMIPNM OOB vlv mlacement C pyndications SMB vlv Eaebentures L BondsF • A dominant player in placement and syndication of debt issues • oanked koK N aebt Arranger by mrime aatabase for qu
Slide 25: Savings Bank Growth
pavings Bank drowth PMth pepDMV PMth pepDNM Amounts in ` Crores SMIPPU pavings Bank deposits for the last R years Eas on PNst MarchF Mar’MS UIMSR QUIPNQ Mar’MT NOINOS Mar’MU NVIVUO PTIUNO Mar’MV ORIUOO OUIMMT Mar’NM PPIUSO pavings Bank deposit growth led byW • tide ketwork J Branch and AqM `hannel r
Slide 26: Third Party Products Business
qhird marty mroducts Business nOcvNM nOcvNN eNcvNM eNcvNN Amounts in ` Crores Amounts in ` Crores VN • cocus on crossJselling to RO existing customers to generate fee income PV SM • qhirdJparty products sold include mutual fundsI insuranceI onJline brokingI portfolio management services EnonJdiscret
Slide 27: Retail Assets
oetail Assets PMth pepDMV PMth pepDNM PMth pepDMV PMth pepDNM Amounts in ` Crores NINVMISMP ONIMMN NTIVUQ VUVISTN • oetail Assets constitute NVB of the bank’s total advancesI as compared to OOB as at PMth pep’MVK • drowth driven through RU oetail Asset `entres EoA`sF mortfolio pize ko of Accounts
Slide 28: Composition of Retail Assets
`omposition of oetail Assets mroductJwise composition of oetail Assets portfolio EPMth pep’NMF `ards konJpchematic OB QB mersonal ioans UB Auto loans NPB eousing ioans TPB 27
Slide 29: Cards, Retail Forex & Remittances Business
`ardsI oetail corex C oemittances Business nOcvNM nOcvNN eNcvNM eNcvNN Amounts in ` Crores TN NPS RN VS PVB vlv QOB vlv cee fncome • fssuance – lver RIUMISMM Credit Cards in force till PMth pep‘NM – Nst fndian Bank to launch qravel Currency Cards in 9 currencies JrpAI buroI dBmI AraI CAaI pdaI pb
Slide 30: ATM Channel Migration
AqM `hannel Migration pepDMV pepDNM POP NSM TIMRN PMM NPO SINVQ fntlK debit card base ElakhsF Monthly `ash tithdrawals EosK koK of Monthly qransactions `roreF ElakhsF ONB vlv NQB vlv UB vlv • mioneer in AqM sharing arrangements • salue added services such as bill paymentsI mutual fund investme
Slide 31: International Presence
fnternational mresence • Branches at pingaporeI eong hong and afc`I aubai • oepresentative offices at phanghai and aubai • qotal assets overseas amounted to rpA PKTV billion as compared to rpA OKOU billion as at end pep’MVI a growth of SSB yoy • `orporate BankingI qrade cinance productsI aebt pyndic
Slide 32: Shareholding
phareholding phareholding pattern Epep’NMF • phare `apital J ` QMUKUQ crores lthers OVKPUB prrqf • phareholders’ cunds J ` NTISUO crores OPKTUB • Book salue per share J ` QPOKRM if` VKSMB • Market mrice as on NNLNMLNM J ` NRRMKUR • Market `ap as on NNLNMLNM J ` SPIQMR crores cffs Erp A NQKPN billion
Slide 33: Safe Harbor
pafe earbor bxcept for the historical information contained hereinI statements in this release which contain words or phrases such as “will”I “aim”I “will likely result”I “would”I “believe”I “may”I “expect”I “will continue”I “anticipate”I “estimate”I “intend”I “plan”I “contemplate”I “seek to”I “futu
Slide 34: Thank You
TALISMA Ctr Aprenion Thank You A