Bandhan Bank Ltd. · NSE:BANDHANBNK
Bandhan Bank — Q2 FY2022-23 Earnings Presentation
33 slides from Bandhan Bank's earnings presentation, October 2022
Slide 1: Investor Presentation Q2 FY2022-23
Investor Presentation Q2 FY2022-23 Oct’ 2022
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
Slide 3: Key Highlights
Key Highlights
Slide 4: Key Highlights
Key Highlights Bandhan Bank - Overview Snapshot of operations Q2 FY 2022-23 Housing Finance division has achieved its best ever growth of 32% YoY Total Deposits ₹ 993.7bn Retail division grew 112% YoY, Commercial Banking division grew 96% YoY Total Loans and Loan portfolio (on book + off book
Slide 5: EEB Collection Efficiency
EEB Collection Efficiency (Excluding Restructuring portfolio) Collection Efficiency for the month Collection Efficiency for the quarter Jun'22 Sep'22 Q1 FY 23 Q2 FY 23 116%115% 94% 94% 98% 98% 117% 117% 93% 94% 97% 97% Including NPA Excluding NPA Including arrears Including NPA Excluding NPA Includi
Slide 6: EEB Collection Efficiency (Including Restructuring)
EEB Collection Efficiency (Including Restructuring portfolio) Collection Efficiency for the month Collection Efficiency for the quarter Jun'22 Sep'22 Q1 FY 23 Q2 FY 23 110%110% 91% 90% 94% 96% 111% 112% 91% 90% 94% 95% Including NPA Excluding NPA Including arrears Including NPA Excluding NPA Includi
Slide 7: EEB NPA and Restructured customer payment pattern analysis
EEB NPA and Restructured customer payment pattern analysis for Q2 FY 23 NPA customers payment pattern Restructured customers payment pattern 62% 66% 38% 34% Paying Non Paying Paying Non Paying Share of non Share of non States States paying customers paying customers Assam 34% Assam 38% Rest of India
Slide 8: EEB DPD movement
EEB DPD movement (Including Restructuring portfolio) 1-30 days 31-60 Days Rest of India Assam 4.7% 4.8% West Bengal 3.8% 2.4% 2.6% 4.6% Overall EEB 7.7% 2.1% 5.4% 2.0% 3.0% 3.4% 5.3% 5.1% 3.1% 2.8% Jun'22 Sep'22 Jun'22 Sep'22 61-90 Days NPA 9.4% 9.2% 5.3% 5.6% 5.7% 4.4% 2.9% 3.5% 25.7% 15.3% 18.9% 1
Slide 9: EEB stress pool coverage analysis
EEB stress pool coverage analysis All amount in ₹ Bn. Jun’22 EEB Stress Pool - ₹ 121 Bn. Coverage Amount Provision 76 53.3 Estimated recovery till 31st Dec 21.4 25 2022 13.9 CGFMU recovery 25 32.7 Assam Relief Scheme* Xx Total 126 NPA Restructured SMA 2 SMA 1 Sep’22 EEB Stress Pool - ₹ 95 Bn. Covera
Slide 10: Bank on track to achieve the diversification goal
Bank on track to achieve the diversification goal as envisaged in the strategy plan for FY 25 Diversification Target as per strategy Plan 2% 2% 2% 2% 2% 2% 6% 10% 23% 24% 26% 27% 30% 16% 27% 28% 31% 86% 38% 59% 47% 44% 40% 26% FY 19 FY 21 FY 22 Q1 FY 23 Q2 FY 23 FY 25E EEB (Group Loans) COMMERCIAL B
Slide 11: Business & Financial Overview
Business & Financial Overview 11
Slide 12: Geographical Distribution
Geographical Distribution Banking Outlets Focus on serving the rural & underbanked population Banking Outlets as on 30th Sep 2022* 5,646 5,640 5,618 10% Metro 35% 18% 1,168 1,190 1,190 Urban 37% Semi-Urban Rural *Basis original classification at the time of opening 4,450 4,456 4,450 Diversifying pre
Slide 13: Asset Book Mix
Asset Book Mix Total Advances (₹ in Billion) Sep-22 EEB Group 26.9% SBAL* 958.3 966.5 39.9% Retail 14.6% 816.6 139.5 120.9 CB 16.4% 18.1 71.1 21.6 Mortgages 10.2 246.2 2.2% 258.0 194.9 Jun-22 EEB Group 540.4 539.2 581.3 25.5% SBAL* 44.4% Retail 12.5% CB 15.7% Sep'21 Sep'22 Jun'22 EEB Mortgages Mortg
Slide 14: Emerging Entrepreneurs Business
Emerging Entrepreneurs Business Emerging Entrepreneurs Asset Growth Number of Active Borrowers (Mn) (₹ in Billion) 12.9 12.7 581.3 539.2 540.4 11.7 77.7 152.1 157.3 Sep'21 Sep'22 Jun'22 EEB Loan Disbursement (₹ in Billion) 462.7 429.2 129.5 128.4 381.9 26.7 40.9 82.2 21.2 Sep'21 Sep'22 June'22 102.8
Slide 15: Housing Finance
Housing Finance Housing Asset Bifurcation (₹ in Billion) Borrowers Bifurcation – Sep’22 258.0 246.2 0.2% 194.9 2.6 2.6 3.9 19.4 18.9 0.0 32.4 30.3 39.3% 23.3 60.5% 203.6 194.4 167.7 Sep'21 Sep'22 Jun'22 Housing LAP IBPC Construction Salaried Self Employed Professionals Housing Asset Segment wise (in
Slide 16: Commercial Banking (CB) & Retail Assets
Commercial Banking (CB) & Retail Assets Product wise CB Assets (₹ in Billion ) CB segment wise Growth NBFC SME 139.5 120.9 Q-o-Q YoY 71.1 77.5 68.5 18.3% 130.5% 44.2 62.0 52.4 13.1% 75.3% 26.9 Sep'21 Sep'22 Jun'22 NBFC SME Product wise Retail Assets (₹ in Billion ) CB & Retail Disbursements# – (₹ in
Slide 17: Liabilities Profile
Liabilities Profile Deposits Growth (₹ in Billion) Retail to Total Deposits (%) 84% 78% 74% 993.7 930.6 819.0 Sep'21 Sep'22 Jun'22 257.1 201.1 131.1 CASA (%) 331.4 327.6 44.6% 322.4 43.2% 40.8% 329.8 354.7 358.2 Sep'21 Sep'22 Jun'22 35.7 50.5 43.7 Average SA Balance Per Customer (₹ in 000’) Sep'21 S
Slide 18: Financial Performance
Financial Performance Total income (₹ in Billion) Operating Profit (₹ in Billion) Net interest Income Other Income Total Income 28.4 18.2 26.7 3.3 24.6 4.8 15.8 5.2 15.5 Q2 FY 22 Q2 FY 23 Q1 FY 23 25.1 21.9 PAT (₹ in Billion) 19.4 8.9 2.1 Q2 FY 22 Q2 FY 23 Q1 FY 23 -30.1 Q2 FY 22 Q2 FY 23 Q1 FY 23 1
Slide 19: Financial Performance
Financial Performance Capital Adequacy Ratio (CRAR) NIM (Annualized) Tier I Tier II Total 7.6% 8.0% 7.0% 20.4% 19.4% 19.4% 1.0% 1.0% 1.2% 19.5% 18.4% 18.3% Sep'21 Sep'22 Jun'22 Q2 FY 22 Q2 FY 23 Q1 FY 23 CRAR including Profits of Q2 FY 23 stands at 20.5% as at Sep’22 vs 20.4% as at Jun’22 Spread (An
Slide 20: Financial Performance
Financial Performance ROAA & ROAE (Annualized) Operating expenses to Average Assets (Annualized) ROAA ROAE 3.1% 3.3% 5% 2.9% 0.6% Q2 FY 22 Q2 FY 23 -10.5% -72% Q2 FY 22 Q2 FY 23 Q1 FY 23 Cost to Income Ratio 41.8% 36.2% 36.0% Q2 FY 22 Q2 FY 23 Q1 FY 23
Slide 21: Financial Performance
Financial Performance Segmental GNPA movement - (₹ in Billion) Gross NPA and Net NPA Gross NPA (%) Net NPA 69.6 7.3% 7.2% 68.5 0.2 0.3 7.4 1.9% 1.9% 7.8 8.7 9.9 Retail Jun'22 Sep'22 CB Housing Credit Cost EEB 53.3 50.5 28.1% 5.3% 2.7% Jun'22 Sep'22 Q2 FY 22 Q2 FY 23 Q1 FY 23 21
Slide 22: Profit & Loss Statement (IN ₹ Bn.)
Profit & Loss Statement (IN ₹ Bn.) Particulars Q2 FY 23 Q1FY 23 QoQ% Q2 FY 22 YoY% Interest Income 37.73 40.55 -6.95% 31.81 18.61% Interest expenses 15.80 15.41 2.53% 12.45 26.86% Net Int. Income (NII) 21.93 25.14 -12.77% 19.35 13.31% Non Interest Income 4.77 3.30 44.55% 5.25 -9.06% Total Income 26.
Slide 23: Balance Sheet (IN ₹Billion)
Balance Sheet (IN ₹Billion) As at As at Particulars % Change 30th Sep 2022 31st Mar 2022 Capital & Liabilities Capital 16.11 16.11 0.00% Reserves & Surplus 168.72 157.70 6.99% Shareholder Funds 184.83 173.81 6.34% Deposits 993.66 963.31 3.15% Borrowings 181.90 199.21 -8.69% Other liabilities and pro
Slide 24: Credit Rating
Credit Rating Rating of Bank’s Financial Securities Amount Instrument Rating Rating Agency (₹ in Billion) [ICRA]AA (Negative) ICRA Non-Convertible Debenture # 15.60** CRISIL AA/Negative CRISIL Term Loans From Bank [ICRA]AA (Negative) ICRA 0.80 CRISIL A1+ CRISIL Certificate of Deposit 60.00* [ICRA] A
Slide 25: Our Board & Management
Our Board & Management 25
Slide 26: Management Team
Experienced and professional team… Chandra Shekhar Ghosh Santanu Banerjee MD & CEO Head, HR Founder of BFSL, has 30 years of experience in the field of 27+ years of experience in the field of banking and finance microfinance and development Previously worked as Head of HR Business Relationship
Slide 27: Management Team
Experienced and professional team… P Ramaswamy Suresh Srinivasan Iyer Chief of Internal Vigilance Head-Housing Finance 29+ years of experience in experience in banking industry. 23+ years experience in financial industry. Previously served as Head – Fraud Risk Management at Equitas Small Pre
Slide 28: … backed by a strong independent Board
… backed by a strong independent Board Board of Directors Dr. Anup Kumar Sinha Chandra Shekhar Ghosh Dr. A S Ramasastri Non-executive (Independent) Chairman Managing Director & CEO Independent Director - Economist with Ph.D from University of - Has more than 30 years of experience in - Former Direct
Slide 29: Awards and accolades
Awards and accolades Businessworld Magna Awards Banker of the Year by Business 2019 Standard At Magna Awards 2019 organised by Businessworld, Bandhan Bank Mr. Chandra Shekhar Ghosh, Managing won two awards. Director and Chief Executive Officer was 1. Best Bank declared as the Business Standard 2. Fa
Slide 30: Awards and accolades
Awards and accolades Dun & Bradstreet Corporate Awards 2021 Dun & Bradstreet honoured the torchbearers among Indian corporates at its annual 'Corporate Awards 2021’ held on July 16, 2021. The awards were virtually presented across 30+ categories. Bandhan Bank was recognised in the category of Best G
Slide 31: Awards and accolades
Awards and accolades e4m Pride of India Brands 2022 Bandhan Bank received Pride of India Brands awards organized by Exchange for Media, the awards were recognised and celebrated for setting new standards of innovation and excellence in their products, processes and marketing practices. FE Pillar of
Slide 32: Brand Ambassador Welcome On-Board DADA
Brand Ambassador Welcome On-Board DADA Sourav Ganguly is now the brand ambassador of Bandhan Bank
Slide 33: Thank You
Thank You Investor.relations@bandhanbank.com 33