Bandhan Bank Ltd. · NSE:BANDHANBNK
Bandhan Bank — Q4 FY23 Earnings Presentation
32 slides from Bandhan Bank's earnings presentation, May 19, 2023
Slide 1: Exchange filing cover letter
Ref. No.: BBL/80/2023-24 May 19, 2023 BSE Limited National Stock Exchange of India Limited Dept. of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400001 Mumbai – 400051 BSE Scrip Code: 541153 NSE Symbol: BANDHA
Slide 2: Investor Presentation Q4 FY23
Investor Presentation Q4 FY23 May’ 2023
Slide 3: 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 4: Key Highlights
Key Highlights
Slide 5: Key Highlights
Key Highlights Bandhan Bank - Overview Snapshot of operations Q4 FY 2022-23 Retail division grew 233% YoY, Commercial Banking division grew 72% YoY Total Deposits ₹ 1,080.7 bn Loan portfolio (on book + off book + TLTRO + PTC) for Q4 FY 23 grew 10% YoY Total Loans and Deposits grew by 12% YoY i
Slide 6: EEB Collection Efficiency
EEB Collection Efficiency Collection Efficiency for the month Collection Efficiency for the quarter Dec'22 Mar'23 Q3 FY 23 Q4 FY 23 124.1% 115% 120% 123.0% 92% 94.7% 96% 98.5% 93% 96.1% 98% 98.5% Including NPA Excluding NPA Including arrears Including NPA Excluding NPA Including Arrears Excluding Ar
Slide 7: EEB DPD movement
EEB DPD movement 1-30 days 31-60 Days Rest of India 3.4% Assam 2.0% 1.9% West Bengal 1.3% 3.8% 2.5% 1.9% 2.3% Overall EEB 1.7% 1.4% 3.0% 1.1% 2.1% 0.8% 1.5% 1.3% Dec'22 Mar'23 Dec'22 Mar'23 61-90 Days NPA 9.7% 5.1% 5.9% 1.4% Of the total EEB NPA, 99% of 2.7% 28.9% W.B NPA , 99% of Assam NPA 2.4% 23.
Slide 8: EEB stress pool coverage analysis
EEB stress pool coverage analysis All amount in ₹ Bn. EEB Stress Pool - ₹ 76 Bn. Dec’22 Coverage Amount Provision 50 51.3 CGFMU recovery# 17 Assam Relief Scheme* Xx Total 67 10.4 14.2 NPA SMA 2 SMA 1 EEB Stress Pool - ₹ 55 Bn. Mar’23 Coverage Amount Provision 38 33.4 CGFMU recovery# 17 Assam Relief
Slide 9: Bank on track to achieve the diversification goal as envisaged in the strategy plan
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% 3% 2% 5% 6% 10% 23% 24% 26% 27% 27% 25% 30% 16% 27% 28% 31% 33% 35% 86% 38% 59% 47% 44% 40% 37% 35% 26% FY 19 FY 21 FY 22 Q1 FY 23 Q2 FY 23 Q3 FY 2
Slide 10: Business & Financial Overview
Business & Financial Overview 9
Slide 11: Geographical Distribution
Geographical Distribution Banking Outlets Focus on serving the rural & underbanked population Banking Outlets as on 31st Mar 2023* 5,999 5,723 5,639 10% Metro 35% 18% Urban 1,189 1,411 1,250 37% Semi-Urban Rural *Basis original classification at the time of opening 4,450 4,588 4,473 Diversifying pre
Slide 12: Asset Book Mix
Asset Book Mix Total Advances (₹ in Billion) 1091.2 Mar-23 EEB Group 993.4 977.9 24.3% SBAL* 34.9% 202.0 117.2 Retail 156.7 18.5% 16.6 55.2 CB 26.3 17.2% 235.6 Mortgages 265.8 267.3 5.1% Dec-22 EEB Group 624.0 568.2 527.6 SBAL* 27.3% 36.7% Retail 16.0% CB 17.3% Mar'22 Mar'23 Dec'22 Mortgages EEB Mor
Slide 13: Emerging Entrepreneurs Business
Emerging Entrepreneurs Business Emerging Entrepreneurs Asset Growth Number of Active Borrowers (Mn) (₹ in Billion) 13.7 624.0 13.0 568.2 12.6 527.6 158.7 187.6 Mar'22 Mar'23 Dec'22 168.5 EEB Loan Disbursement (₹ in Billion) 465.3 229.7 211.7 380.6 152.2 359.1 66.2 64.0 49.5 Mar'22 Mar'23 Dec'22 163.
Slide 14: Housing Finance
Housing Finance Housing Asset Bifurcation (₹ in Billion) Borrowers Bifurcation – Mar’23 265.8 267.3 0.2% 235.6 2.5 2.7 2.9 21.5 19.8 19.1 33.6 34.5 28.3 40.0% 59.8% 185.3 208.2 210.3 Mar'22 Mar'23 Dec'22 Housing LAP IBPC Construction Salaried Self Employed Professionals Housing Asset Segment wise (i
Slide 15: Commercial Banking (CB) & Retail Assets
Commercial Banking (CB) & Retail Assets Product wise CB Assets (₹ in Billion ) CB segment wise Growth NBFC SME 202.0 156.7 Q-o-Q YoY 117.2 99.4 34.1% 105.2% 80.2 67.2 102.6 76.5 23.9% 47.9% 50.0 Mar'22 Mar'23 Dec'22 NBFC SME Product wise Retail Assets (₹ in Billion ) CB & Retail Disbursements# – (₹
Slide 16: Liabilities Profile
Liabilities Profile Deposits Growth (₹ in Billion) Retail to Total Deposits (%) 77% 71% 69% 1080.7 1,022.8 963.3 311.2 218.9 312.3 Mar'22 Mar'23 Dec'22 CASA (%) 343.6 344.9 41.6% 338.4 39.3% 36.4% 346.2 360.4 Mar'22 Mar'23 Dec'22 324.7 54.6 64.2 47.4 Average SA Balance Per Customer (₹ in 000’) Mar'2
Slide 17: Financial Performance
Financial Performance Total income (₹ in Billion) Operating Profit (₹ in Billion) Net interest Income Other Income Total Income 80.1 70.9 115.4 117.3 25.2 19.2 18.0 24.7 28.2 Q4 FY 22 Q3 FY23 Q4 FY 23 FY 22 FY 23 PAT (₹ in Billion) 22.0 35.1 87.2 92.6 19.0 31.1 31.0 9.7 6.3 10.3 8.1 25.4 20.8 24.7 2
Slide 18: Financial Performance
Financial Performance Capital Adequacy Ratio (CRAR) NIM (Annualized) Tier I Tier II Total 8.7% 8.2% 7.3% 7.2% 6.5% 20.1% 19.8% 20.6% 1.2% 1.1% 2.5% 18.9% 18.7% 18.1% Mar'22 Mar'23 Dec'22 Q4 FY 22 Q3 FY23 Q4 FY 23 FY 22 FY 23 NIM in Q4FY23 improved to 7.3% vs. 6.5% in Q3FY23 CRAR in Mar’23 includes t
Slide 19: Financial Performance
Financial Performance ROAA & ROAE (Annualized) Operating expenses to Average Assets (Annualized) 47% ROAA ROAE 3.4% 3.5% 3.3% 3.1% 3.0% 17% 6.0% 12% 6% 1% 0.8% 2.2% 0.1% 1.6% Q4 FY 22 Q3 FY23 Q4 FY 23 FY22 FY23 Q4 FY 22 Q3 FY23 Q4 FY 23 FY 22 FY 23 Cost to Income Ratio 42.1% 39.5% 38.3% 28.0% 30.5%
Slide 20: Financial Performance
Financial Performance Segmental GNPA movement - (₹ in Billion) Gross NPA and Net NPA Gross NPA (%) Net NPA 7.2% 6.5% 4.9% 69.6 63.8 1.7% 1.9% 1.2% 0.3 0.2 8.3 Mar'22 Mar'23 Dec'22 7.1 53.0 9.7 Retail 8.0 0.4 Credit Cost 8.8 CB Housing 10.4 EEB 48.5 51.3 9.3% 6.4% 33.4 4.3% 2.9% 0.0% Q4 FY 22 Q3 FY23
Slide 21: Profit & Loss Statement (IN ₹ Bn.)
Profit & Loss Statement (IN ₹ Bn.) Particulars Q4 FY 23 Q3 FY 23 QoQ% Q4 FY 22 YoY% Mar-23 Mar-22 YoY% Interest Income 42.68 38.08 12.08% 38.72 10.23% 159.05 138.72 14.66% Interest expenses 17.96 17.27 4.00% 13.32 34.86% 66.45 51.57 28.85% Net Int. Income (NII) 24.72 20.81 18.79% 25.4 -2.68% 92.6 87
Slide 22: Balance Sheet (IN ₹Billion)
Balance Sheet (IN ₹Billion) As at As at Particulars % Change 31st Mar 2023 31st Mar 2022 Capital & Liabilities Capital 16.11 16.11 0.00% Reserves & Surplus 179.73 157.70 13.97% Shareholder Funds 195.84 173.81 12.67% Deposits 1080.69 963.31 12.19% Borrowings 247.11 199.21 24.04% Other liabilities and
Slide 23: 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 24: Our Board & Management
Our Board & Management 23
Slide 25: Management Team
Experienced and professional team… Chandra Shekhar Ghosh Ratan Kumar Kesh MD & CEO Chief Operating Officer Founder of BFSL, has 30 years of experience in the field of 28+ years of experience in financial, banking, manufacturing and microfinance and development service industry Awarded ‘Entrepr
Slide 26: Management Team
Experienced and professional team… P Ramaswamy Indranil Banerjee Chief of Internal Vigilance Company Secretary 29+ years of experience in experience in banking industry. 20+ years experience in financial industry Previously served as Head – Fraud Risk Management at Equitas Small Previously s
Slide 27: … backed by a strong independent Board
… backed by a strong independent Board Board of Directors Dr. Anup Kumar Sinha Chandra Shekhar Ghosh Ratan Kumar Kesh Non-executive (Independent) Chairman Managing Director & CEO Executive Director - Has more than two decades of experience in - Economist with Ph.D from University of - Has more than
Slide 28: 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 29: 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 30: 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 31: Awards and accolades
Awards and accolades Bandhan Bank wins IBS intelligence Global Fintech Award Bandhan Bank received the IBS intelligence Global Fintech Award for “Best Digital Channel/Platform Implementation: Best Project Implementation “for Corporate Internet Banking implementation on December 14, 2022. The IBSi Gl
Slide 32: Thank You
Thank You Investor.relations@bandhanbank.com 31