Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q1 FY2018 Earnings Presentation
29 slides from Bank Of Maharashtra's earnings presentation, June 2017
Slide 1: Financial Results Quarter ended 30 June 2017
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Slide 2: Key growth highlights
1.38% 7.26% 61.50% 16.30% 627 12.01% bps 10.00% 60.74%
Slide 3: Total Business, CASA, Deposits, Investment
TOTAL CASA DEPOSITS INVESTMENT 21.80% 7.26% 16.49% As on % Growth Particulars June 16 Mar 17 June 17 Y-o-Y Q-o-Q Total Business 230533 240590 233725 1.38% (2.85%) Deposits 127385 139053 136629 7.26% (1.74%) of which CASA 49455 62419 60235 21.80% (3.50%) Gross Advances 103148 101537 97096 (5.87%) (4.
Slide 4: Deposits and CASA share
CASA Share (%) 150000 139053 136629 127385 Jun-16 38.82 125000 Mar-17 44.89 Jun-17 44.09 100000 Jun 16 Mar 17 Jun 17 62419 60235 75000 49455 50889 49453 40150 50000 25000 9305 11529 10782 0 Jun 16 Mar 17 Jun 17 Current Deposits Savings Deposits CASA
Slide 5: Gross advances: priority and non-priority sector
As on % Growth Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Gross Advances 103148 101537 97096 (5.87%) (4.37%) of which Priorty Sector 38194 37028 36672 (3.99%) (0.96%) Non-Priorty Sector 64954 64509 60424 (6.97%) (6.33%) 80000 64954 64509 60424 60000 38194 37028 36672 40000 20000 Jun 16 Mar 17 Jun
Slide 6: Advances and CD ratio
105000 85.00 103148 101537 80.00 100000 80.97 97096 75.00 95000 73.02 71.07 70.00 90000 65.00 Jun 16 Mar 17 Jun 17 Advances CD Ratio (%)
Slide 7: Priority sector advances and ANBC
As on % Growth Particulars % to % to % to Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q ANBC ANBC ANBC ANBC 99264 115432 106526 7262 (8906.00) Priority Sector 41065 41.37% 40388 34.99% 36672 34.43% (10.70%) (9.20%) of which Agriculture 15317 15.43% 15291 13.25% 15226 14.29% (0.59%) (0.42%) Total Agri including R
Slide 8: Retail credit break-up
As on % Growth Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Total Retail Credit 12735 15792 16115 26.54% 2.05% of which Housing 10670 13595 13659 28.01% 0.47% Education 814 891 906 11.24% 1.64% Vehicle 617 669 856 38.75% 27.87% Others 634 636 695 9.58% 9.15% Education Others 4% Jun 17 6% Vehicle 5%
Slide 9: Agriculture credit break-up
As on % Growth Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Total Agriculture 15317 15291 15226 (0.59% ) (0.43% ) of which MKCC 7274 7867 7827 7.60% (0.51%) Investment Credit 5430 5372 5399 (0.57%) 0.50% Other 2613 2052 2000 (23.46%) (2.53%)
Slide 10: Break-up of exposure to Power Sector
As on % Growth Sector Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q CRE 6750 5883 5292 (21.60%) (10.05%) NBFC 15770 12180 8750 (44.51%) (28.16%) Infra. 12530 11054 9792 (21.85%) (11.42%) of which Power 7350 5687 5443 (25.94%) (4.28%) of which Telecom 522 467 972 86.04% 108.22% Total 35050 29118 23835 (32.00%) (1
Slide 11: Asset quality: classification of advances
As on % Variation Jun 16 Mar 17 Jun 17 Particulars % of % of % of Amount Amount Amount Y-o-Y Q-o-Q G Adv G Adv G Adv Standard 90108 87.36% 84348 83.07% 79047 81.41% (12.28%) (6.29%) Sub-Standard 6804 6.60% 5284 5.20% 4428 4.56% (34.92%) (16.20%) Doubtful 5446 5.28% 11726 11.55% 13195 13.59% 142.28%
Slide 12: Gross NPA movement
Quarter Ended Particulars Jun 16 Mar 17 Jun 17 Opening Gross NPA 10386 15418 17189 Less Cash Recoveries 201 507 630 Less Upgradation 69 513 177 Less Write Off 2 821 315 Total Reduction [A] 272 1841 1122 Add Slippages 2888 3522 1626 Add Variation 38 89 356 Total Addition [B] 2926 3612 1982 Gross NPA
Slide 13: Sector-wise NPA
As on Y-o-Y Growth Jun 16 Mar 17 Jun 17 Sectors Sector Sector Sector Sector Sector Sector Adv Adv Adv Absolute % NPA NPA % NPA NPA % NPA NPA % Agriculture 15459 1531 9.90% 15491 1875 12.11% 15401 2095 13.60% (58) (0.37%) Retail 12735 534 4.20% 15792 485 3.07% 18407 612 3.32% 5672 44.54% MSE 19741 39
Slide 14: Retail sector NPA
As on Jun 16 Mar 17 Jun 17 Sector Sector Sector Sector Sector Sector Sector G Adv G Adv G Adv NPA NPA % NPA NPA % NPA NPA % Total Retail Credit 12735 534 4.20% 15792 485 3.07% 16115 610 3.79% of which Housing 10670 407 3.81% 13595 369 2.72% 13659 458 3.35% Education 814 58 7.12% 891 52 5.87% 906 83
Slide 15: Restructured advances
Particulars Mar-17 Jun-17 Opening Standard Restrucutured Advances 4395 2395 Add: Additions in Restructured Accounts 313 0 Add: Upgradations 9 53 Less: Downgradations (1460) (9) Less: Ceased to attract (589) (156) Add/Less: Variation in existing accounts (273) 9 Closing Restructured Standard Advances
Slide 16: Investment portfolio: SLR and non-SLR
As on Particulars Jun 16 Mar 17 Jun 17 A. SLR (i) HFT 0 0 0 (ii) AFS 1496 3201 7834 (iii) HTM 27756 28412 25763 Total SLR Investment * 29252 31613 33596 B. Non SLR (i) HFT 0 0 0 (ii) AFS 3976 5667 5406 (iii) HTM 1593 1561 1561 Total Non SLR Investment 5569 7229 6967 C. Gross Investment 34821 38842 4
Slide 17: Interest income
Quarter Ended % Growth (Qtr) Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Interest on Advances 2255 1953 1824 (19.11%) (6.61%) Interest on Investment 722 749 720 (0.21%) (3.82%) Other Interest Income 179 268 201 11.79% (25.28%) Total Interest Income 3156 2970 2745 (13.03% ) (7.59% ) 3400 3156 2970 2
Slide 18: Interest expenses
Quarter Ended % Growth[Qtr] Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Interest on Deposits 2082 2006 1891 (9.17%) (5.77%) Other Interest Exp. 210 201 161 (23.19%) (19.49%) Total Interest Exp 2292 2207 2052 (10.46% ) (7.02% ) 2292 2400 2207 2052 2100 1800 Jun 16 Mar 17 Jun 17
Slide 19: Net interest income and NIM
Quarter Ended % Increase[Qtr] Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Net Interest Income 864 763 693 (19.86%) (9.25%) NIM [NII / AWF] (% ) 2.21 1.83 1.74 NIM [NII / Avg. Earning 2.39 1.97 1.87 Assets] (% ) 864 2.50 2.21 900 763 1.83 2.00 1.74 693 700 1.50 500 1.00 Jun 16 Mar 17 Jun 17 Jun 16 M
Slide 20: Non-interest income
Quarter Ended Growth [Qtr] Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Fee Based Income 184 198 172 (6.36%) (12.89%) Treasury Income 76 153 216 184.29% 41.18% Of which Net Profit from sale of Investment 55 130 188 240.95% 44.88% Exchange profit 21 23 28 34.52% 20.53% Recovery in written off account
Slide 21: Operating expenditure
Quarter Ended % Growth Expenditure Item Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Staff Expenses 445 454 392 (12.01%) (13.79%) Other Operating Expenses 249 267 233 (6.41%) (13.04%) Total Op. Expenditure 694 722 624 (10.00%) (13.51%)
Slide 22: Provisions and contingencies
Quarter Ended Particulars Jun 16 Mar 17 Jun 17 Non Performing Assets 869 1743 1158 Standard/Restructured Assets (3) (84) (32) Depreciation on Investments* (16) 4 (9) Non-performing Investment 2 133 12 Other provisions (8) 37 23 (net of write back) Provision & Contingencies 843 1833 1152 other than t
Slide 23: Profit and loss summary
Quarter Ended % Increase (Qtr) Particulars Jun 16 Mar 17 Jun 17 Y-o-Y Q-o-Q Total Income 3444 3355 3210 (6.80%) (4.32%) Total Expenses 2985 2929 2676 (10.35%) (8.62%) Operating Profit 459 426 533 16.30% 25.21% Provisions & Contingencies other 843 1833 1152 36.69% (37.19%) than taxes Profit before ta
Slide 24: Key ratios: yields, costs, ROE, ROA
Quarter Ended Particulars Jun 16 Mar 17 Jun 17 Cost of Deposits (%) 6.32 5.75 5.58 Yield on Advances (%) 8.77 7.98 7.70 Yield on Investments (%) 7.86 7.40 7.33 Cost of Funds (%) 5.87 5.29 5.14 Yield on Funds (%) 8.08 7.12 6.88 NIM (%) 2.21 1.83 1.74 Return on Equity (%) (22.52) (33.08) (34.05) Retur
Slide 25: Capital adequacy
As on Particulars Jun 16 Mar 17 Jun 17 Risk Weighted Assets 99028 95473 88904 % of RWA to Gross Advances 96.01% 94.03% 91.56% Tier 1 Capital 8780 8601 7869 CET 1 Capital 7613 6953 6222 Additional Tier 1 Capital 1166 1648 1648 Tier 2 Capital 2641 2074 1977 Total Capital Funds 11420 10674 9846 Tier 1
Slide 26: Shareholding pattern
30.06.2016 30.06.2017 Particulars No. of Share % Holding No. of Share % Holding Govt of India 95.35 81.61% 95.35 81.61% Banks, Financial & Insurance Co. 15.31 13.11% 15.31 13.11% FIIs & NRIs 0.54 0.45% 0.53 0.45% Others 5.63 4.82% 5.64 4.82% Total 116.83 116.83 *After allotment of shares for fresh i
Slide 27: Branch network and staff
Metro Urban Semi Urban Rural Officers Clerks Sub-staff 2000 14000 1992 1871 1816 656 618 618 1600 10500 4895 4723 4851 1200 434 434 429 7000 800 343 343 372 3500 6523 6380 6567 400 438 502 502 0 0 Jun 16 Mar 17 Jun 17 Jun 16 Mar 17 Jun 17 As on Category * As on Jun 16 Mar 17 Jun 17 Category Metro 43
Slide 28: Digital banking and ATM metrics
ATMs(No) ATM Card Base (Lacs) Mobile Banking Users (lacs) 1882 67 3.27 1878 65 2.93 1900 70 4.00 1866 1875 58 1.33 1850 60 2.00 1825 1800 Jun 16 Mar 17 Jun 17 50 0.00 Jun 16 Mar 17 Jun 17 Jun 16 Mar 17 Jun 17 Internet banking Users (Lacs) E-transaction (%) UPI Subscription (lacs) 7 64 64 7 8 65 61 2
Slide 29: Thank You
“ Thank You ”
Bank of Maharashtra — Q1 FY2018 Earnings Presentation on 6ix