Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q1 FY2019 Earnings Presentation
39 slides from Bank Of Maharashtra's earnings presentation, June 2018
Slide 1: Financial Results for Quarter ended 30th June 2018
Financial Results for Quarter ended 30th June 2018
Slide 2: Agenda
►Performance Highlights ►Assets, Liabilities & Business Overview ► Loans & Advances ►Asset Quality ►Investments ►Income & Expenditure, Profitability ►Financial Ratios ►Resources ►Suit Filed Accounts & Wilful Defaulters ►Capital & Capital Adequacy 2
Slide 3: Performance Highlights
Cash Recoveries+Upgradation Interest Spread NIM 23.92% 46 BPS 39.34% Cost of Funds Cost of Deposits 63 BPS 59 BPS 3
Slide 4: Liabilities and Assets
As on % Growth LIABILITIES 30.06.2017 31.03.2018 30.06.2018 Y-o-Y Q-o-Q Capital 1168 2598 2598 122.41% 0.00% Reserves and Surplus 5780 7346 6210 7.44% (15.46%) Deposits 136629 138981 135411 (0.89%) (2.57%) Borrowings 6343 4064 3632 (42.75%) (10.64%) Other Liabilities & 3819 3340 3194 Provisions (16.
Slide 5: Business Mix
As on % Growth Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Total Business 233725 233626 219458 (6.10%) (6.06%) Deposits 136629 138981 135411 (0.89%) (2.57%) of which CASA 60235 66345 62737 4.15% (5.44%) CASA Share (%) to Total 44.09% 47.74% 46.33% 224 BPS -141 BPS Deposit Gross Advances 97096 946
Slide 6: Deposits, CASA, Advances and CD Ratio
Deposit CASA Deposit 150000 80000 66345 136629 138981 135411 62737 60235 140000 54593 53023 60000 49453 130000 40000 120000 110000 20000 10782 11753 9714 100000 0 June 17 Mar 18 Jun 18 June 17 Mar 18 Jun 18 Current Deposits Savings Deposits CASA Advances CD RATIO % 97096 80.00 100000 94645 71.07 68.
Slide 7: Priority & Non Priority Advances
As on % Growth Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Gross Advances 97096 94645 84047 (13.44%) (11.20%) of which Priorty Sector 36672 37521 35668 (2.74%) (4.94%) Non-Priorty Sector 60424 57124 48379 (19.93%) (15.31%) Priority & Non Priority Advances 60424 70000 57124 48379 60000 36672 37521
Slide 8: Priority Sector Advances to ANBC
June 17 Mar 18 June 18 Growth Y-o-Y Growth Q-o-Q % to % to % to PARTICULARS Adv Adv Adv Amt % Amt % ANBC ANBC ANBC ANBC 106526 105371 100828 (5698) (5.65%) (4543) (5%) Priorty Sector 39931 37.48% 40709 38.63% 38663 38.35% (1268) (3.28%) (2046) (5%) (including investment) Priorty Sector (excluding 36
Slide 9: Retail Credit
As on % Growth Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Total Retail Credit 16115 16547 16767 4.05% 1.33% of which Housing 13659 13573 13624 (0.25%) 0.38% Education 906 995 1009 11.38% 1.35% Vehicle 856 1068 1176 37.37% 10.09% Others 695 911 958 37.92% 5.13%
Slide 10: MSME Advances
As on Growth Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q MSME Advances 19659 15939 14834 (24.54%) (6.93%) Manufacturing 5602 5229 4966 (11.35%) (5.03%) Services 14057 10710 9868 (29.80%) (7.86%) Total 19659 15939 14834 (24.54%) (6.93%) Micro 10517 9145 8424 (19.90%) (7.88%) Small 7897 5932 5539 (
Slide 11: Commercial Real Estate, NBFC and Infrastructure Exposure
June 17 Mar 18 June 18 % Growth Sector Amount Amount Amount Y-o-Y Q-o-Q CRE 5292 3189 2828 (46.55%) (11.31%) NBFC 7263 12704 6412 (11.72%) (49.53%) Infra. 9792 9447 9944 1.54% 5.26% of which Power 5443 3853 4314 (20.75%) 11.98% Telecom 149 644 1093 635.75% 69.67% Roads 2661 2848 3009 13.07% 5.64% Po
Slide 12: Asset Quality: NPA Classification
As on % Change June 17 Mar 18 June 18 Particulars % of % of % of Amount Amount Amount Y-o-Y Q-o-Q G Adv G Adv G Adv Standard 79047 81.41% 76212 80.52% 66247 78.82% (16.19%) (13.08%) Sub-Standard 4428 4.56% 4130 4.36% 4209 5.01% (4.95%) 1.91% Doubtful 13195 13.59% 13126 13.87% 12859 15.30% (2.55%) (2
Slide 13: Gross NPA Movement
Quarter Ended Particulars June 17 Mar 18 June 18 Opening Gross NPA 17189 18128 18433 Less Cash Recoveries * 630 547 858 Less Upgradat ion 177 228 266 Less Writ e Off 315 618 1685 Total Reduction [A] 1122 1392 2810 A dd Slippages 1626 1660 2071 A dd Variat ion 356 37 106 Total Addition [B] 1982 1697
Slide 14: Recovery and Upgradation
900 858.30 700 629.92 546.58 506.72 512.65 500 429.46 387.9 300 271.48 266.15 227.57 199.07 177.00 100 Mar 17 June 17 Sep 17 Dec 17 Mar 18 Jun 18 Recovery Upgradation
Slide 15: Provision for NPAs
Provision for NPAs June 17 Mar 18 June 18 Opening Balance 5795 5795 8662 Add:Provisions made during the period 1158 5331 1510 Less:Write back of excess provisions / TWO 316 2463 1684 Closing Provision 6637 8662 8489 Provision for Standard Advances June 17 Mar 18 June 18 Opening Balance 656 656 550 A
Slide 16: Sector-wise NPA
As on June 17 Mar 18 June 18 Sectors Sector Sector Sector Sector Sector Sector Adv Adv Adv NPA NPA % NPA NPA % NPA NPA % Agriculture* 15401 2095 13.60% 15067 2490 16.53% 14666 2820 19.23% Retail 16115 612 3.80% 16547 640 3.87% 16767 817 4.87% SME 18422 4425 24.02% 15078 3090 20.49% 13963 2924 20.94%
Slide 17: Retail Sector NPA
As on As on As on June 17 Mar 18 June 18 Sector Sector Sector Sector Sector Sector Sector G Adv G Adv G Adv NPA NPA % NPA NPA % NPA NPA % Total Retail Credit 16115 612 3.80% 16547 640 3.87% 16767 817 4.87% of which Housing 13659 458 3.35% 13573 487 3.59% 13624 636 4.67% Education 906 83 9.19% 995 89
Slide 18: NCLT Cases
Other Grand NCLT Cases as on 30.06.2018 RBI List 1 RBI List 2 Total NCLT Cases Total No. of Accounts 10 10 20 51 71 No of Cases where Resolution Plan has approved 4* 0 4 4** 8 Number of accounts referred under IBC as on 30.06.2018 9 10 19 51 70 Outstanding as on 30th June 2018 3227 1945 5172 3473 86
Slide 19: Restructured Accounts
Details of Restructured Standard NPA TOTAL Accounts as on No. of No. of No. of 30.06.2018 Accounts Amount Accounts Amount Accounts Amount CDR 0 0 12 908 12 908 SDR 0 0 19 3317 19 3317 Outside SDR 0 0 2 219 2 219 S4A 4 362 1 10 5 373 Others 5 519 104 1065 109 1584 Sub-Total 9 881 138 5519 147 6400 5/
Slide 20: Investments: SLR and Non-SLR
As on % Change PARTICULARS June 17 Mar 18 June 18 Y-O-Y Q-o-Q A. SLR Investments (i) HFT 0 0 209 - 209.00% (ii) AFS 7834 7386 8990 14.76% 21.72% (iii) HTM 25763 27084 26754 3.85% (1.22%) Total SLR Investment 33596 34470 35953 7.01% 4.30% B. Non SLR Investments (i) HFT 0 1 0 206.67% (8.00%) (ii) AFS
Slide 21: Investment Breakdown
As on % Growth Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Gov ernment Securities 35113 38109 39524 12.56% 3.71% Shares 360 357 332 (7.78%) (7.00%) Debentures & Bonds 1715 1910 1890 10.20% (1.05%) Subsidiaries & JVs 73 73 73 0.00% 0.00% Others 3032 3174 9402 210.09% 196.22% Net Inv estments 40293
Slide 22: Income and Profitability
Quarter Ended %Variation Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Total Income 3210 3094 2987 (6.94%) (3.47%) Total Expenses 2676 2548 2517 (5.96%) (1.21%) Operating Profit 533 547 470 (11.84%) (13.98%) Provisions & Contingencies other 1152 2041 1633 41.79% (19.98%) than taxes Profit before ta
Slide 23: Interest Income
Quarter Ended % Change Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Interest on Advances 1824 1616 1620 (11.22%) 0.23% Interest on Investment 720 788 817 13.49% 3.74% Other Interest Income 201 289 204 1.58% (29.45%) Total Interest Income 2745 2692 2641 (3.80%) (1.93%) Interest Income (Qtr Ended) 2
Slide 24: Interest Expenses
Quarter Ended % Change Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Interest on Deposits 1891 1684 1695 (10.36%) 0.67% Other Interest Exp. 161 128 87 (45.95%) (31.64%) Total Interest Exp 2052 1811 1782 (13.16%) (1.61%) Interest Expenses (Qtr Ended) 2052 2100 2000 1900 1811 1782 1800 1700 1600 June
Slide 25: Net Interest Income and NIM
Quarter Ended % Change Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Net Interest Income 693 881 858 23.92% (2.58%) NIM (%) (on Av g Interest earning 1.87 2.41 2.33 Assets) Net Interest Income [Rs.] Net Interest Margin [%] 881 858 3.00 1000 2.41 693 2.33 800 1.87 600 2.00 400 200 0 1.00 June 17 Mar
Slide 26: Non-Interest Income
Quarter Ended % Variation Particulars June 17 Mar 18 June 18 Y-o-Y Q-o-Q Fee Based Income 172 238 190 10.50% (20.17%) Of which Fee Income from Gov t. 4 5 5 25.00% 0.00% Business Fee Income from 101 131 83 (17.82%) (36.64%) Adv ances Other Fee Income 67 103 102 52.24% (0.97%) Treasury Income 216 87 1
Slide 27: Operating Expenditure
Quarter Ended % Variation Expenditure Item June 17 Mar 18 June 18 Y-o-Y Q-o-Q Staff Expenses 392 399 473 20.77% 18.43% of which AS 15 133 122 187 41.21% 53.29% Other Operating Expenses 233 337 262 12.52% (22.37%) Total Op. Expenditure 624 737 735 17.69% (0.25%) 27
Slide 28: Non-Interest Expenses (excluding staff)
Expenditure Item Quarter Ended %Variation (Excl Staff Exp) June 17 Mar 18 June 18 Y-o-Y Q-o-Q Rent , t axes, light ing 50.01 52.82 52.22 4.42% (1.14%) Print ing & St at ionery 5.39 4.03 4.37 (18.92%) 8.44% Advt . & Publicit y 3.55 3.68 2.36 (33.52%) (35.87%) Depreciat ion on fixed 22.84 53.76 24.54
Slide 29: Provisions and Contingencies
Quarter Ended Particulars June 17 Mar 18 June 18 Non Performing Asset s 1,157.54 1,994.60 1,510.10 St andard/Rest ruct ured Asset s (31.81) (68.33) (58.23) Depreciat ion on Invest ment s (9.43) (40.27) 134.97 Non-performing Invest ment 12.32 109.91 35.45 Ot her provisions 22.97 44.67 10.59 (net of w
Slide 30: Financial Ratios
Quarter Ended Particulars June 17 Mar 18 June 18 Cost of Deposit s (%) 5.58 5.01 4.99 Y ield on Advances (%) 7.70 7.15 7.43 Y ield on Invest ment s (%) 7.33 7.22 7.10 Cost of Funds (%) 5.14 4.58 4.51 Y ield on Funds (%) 6.88 6.81 6.69 NIM (%) 1.87 2.41 2.33 Ret urn on Equit y (%) (34.05) (14.49) (90
Slide 31: RWA for Credit Risk to Gross Advances
Particulars June 17 Mar 18 June 18 Gross Adv ances 97096 94645 84047 RWA for credit risk (fund based) 62848 56411 51158 % RWA for credit risk to Gross Adv ances 64.73 59.60 60.87 RWA for Credit Risk (Fund Based) to Gross Advances % 80.00 64.73 59.60 60.87 60.00 40.00 20.00 June 17 Mar 18 June 18
Slide 32: Capital Adequacy
As on Particulars June 17 Mar 18 June 18 Risk Weighted Assets 88904 81737 75331 % of RWA to Gross Adv ances 91.56% 86.36% 89.63% Tier I Capital 7869 7363 6075 CET I Capital 6222 7335 6047 Additional Tier I Capital 1648 28 28 Tier I I Capital 1977 1631 1564 Total Capital Funds 9846 8994 7639 Tier I R
Slide 33: Branches and Staff
Category of As on Branch June 17 Mar 18 June 18 Metro 502 474 474 Urban 343 329 329 Semi- Urban 434 428 428 Rural 618 615 615 Total Branches 1897 1846 1846 Category of As on Staff June 17 Mar 18 June 18 Officers 6567 6518 6599 Clerks 4851 4639 4511 Sub-st aff 1816 1775 1790 Total 13234 12932 12900 3
Slide 34: Digital Banking Users and Transactions
As on No. of Registered Users (in lakhs) June 17 Mar 18 June 18 No. No. No. Maha Mobile 3.26 4.48 4.92 UPI 0.64 0.78 0.84 Internet Banking 7.05 7.40 10.09 ATM (cards issued) 66.76 69.44 67.17 BHIM 4.40 9.39 10.87 June 17 (Qtr) Mar 18 (Qtr) June 18 (Qtr) Transactions No. (in Amount (Rs No.(in Amount
Slide 35: Shareholding Pattern
30.06.2017 30.06.2018 Particulars No. of Shares % Holding No. of Shares % Holding Govt of India 95.35 81.61% 226.09 87.01% Banks, Fis & Insur Co 15.31 13.11% 23.82 9.17% FIIs & NRIs 0.53 0.45% 0.61 0.23% Others 5.64 4.82% 9.33 3.59% As on 30.06.2018 Govt of India Banks, Fis & Insur Share Cap (Rs. In
Slide 36: Financial Inclusion: PMJDY and Social Security
As on Particulars Jun-17 Mar-18 Jun-18 No. of PMJDY Accounts (in Lakhs ) 45.40 51.57 51.98 Deposit Amount in PMJDY Accounts (Rs. in Cr) 934 1149 1180 Av erage Balance in PMJDY Accounts 2057 2228 2270 No. of Rupay Debit Cards issued 9.07 10.50 10.80 No. of Transactions routed through BCs (in lakhs) 2
Slide 37: Mudra Loan and Stand Up India
2017-18 2018-19 June 17 (Qtr) Mar 18 (Qtr) June 18 (Qtr) Amount Particulars Amount Amount disbursed Amount Amount Amount disbursed outstanding during outstanding disbursed outstanding during the as on the as on during the as on No of quarter (Rs 30.06.17 (Rs No of quarter 31.03.2018 No of quarter (R
Slide 38: Disclaimer
The information contained herein speaks only as of the particular date or dates included in the accompanying slides. Bank has taken all the precautions for accuracy of data. However, bank is not responsible and will not be held liable to any one for any unintended error. Bank of Maharashtra does not
Slide 39: Thank You
THANK YOU 39
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