Kotak Mahindra Bank Limited · NSE:KOTAKBANK
Kotak Mahindra Bank — Q3 FY2018 Earnings Presentation
38 slides from Kotak Mahindra Bank's earnings presentation, 2018
Slide 1: Investor Presentation Q3FY18
INVESTOR PRESENTATION Q3FY18
Slide 2: Consolidated Highlights Q3FY18
Consolidated Highlights Q3FY18 PAT CAR LOANS BOOK VALUE 18.4%# PER SHARE [18.0%] ` 1,624 cr Tier I ` 195,652 cr ` 255.3 [` 1,267 cr] 17.9%# [` 157,801 cr] [` 201.4] [17.2%] NIM NETWORTH NET NPA TOTAL ASSETS 4.2% ` 48,621 cr 0.94% ` 319,806 cr [4.5%] [` 37,047 cr] [0.92%] [` 259,949 cr] Figures in [b
Slide 3: Consolidated Key Financials
Consolidated Key Financials Advances [` cr] Networth [` cr] Total Assets [` cr] PAT [` cr] 3
Slide 4: Consolidated Customer Assets
Consolidated Customer Assets 31-Dec-17 (` 195,652 cr) Customer Assets ` cr 31-Dec-17 31-Dec-16 30-Sep-17 Corporate Banking 58,182 48,167 56,493 CV/CE 13,251 9,645 12,205 Agriculture 20,550 16,519 19,741 Division Business Banking 18,017 16,628 18,113 Auto loans 20,005 17,490 19,900 Home Loans and 30,
Slide 5: Consolidated PAT
Consolidated PAT ` cr Q3FY18 Q3FY17 Q2FY18 FY17 Kotak Mahindra Bank 1,053 880 994 3,411 Kotak Mahindra Prime 148 133 150 515 Kotak Mahindra Investments 50 48 55 196 Kotak Securities 154 85 118 361 Kotak Mahindra Capital 36 7 (1) 46 Kotak Mahindra Life Insurance* 97 68 100 303 Kotak AMC and TC 38 16
Slide 6: Entity wise Networth
Entity wise Networth ` cr 31-Dec-17 31-Dec-16 30-Sep-17 31-Mar-17 Kotak Mahindra Bank 36,297 26,568 35,206 27,616 Kotak Mahindra Prime 4,657 4,094 4,509 4,227 Kotak Mahindra Investments 1,187 981 1,137 1,038 Kotak Securities 3,393 2,875 3,239 2,996 Kotak Mahindra Capital 533 482 497 493 Kotak Mahind
Slide 7: Standalone Highlights Q3FY18
Standalone Highlights Q3FY18 PAT NIM LOANS NET NPA ` 1,053 cr 4.2% ` 159,071 cr 1.09% [` 880 cr] [4.5%] [` 129,261 cr] [1.07%] TOTAL CAR BRANCHES CASA ASSETS 18.7%# [17.6%] Tier I ` 248,646 cr 18.0%# 1,375 46.7% [` 201,786 cr] [1,348] [42.0%] [16.5%] Figures in [brackets] are Q3FY17 numbers # As per
Slide 8: Profit and Loss Account
Profit and Loss Account ` cr Q3FY18 Q3FY17 Q2FY18 FY17 Net Interest Income 2,394 2,050 2,313 8,126 Other Income 1,040 910 954 3,477 Net Total Income 3,434 2,960 3,267 11,603 Employee Cost 734 697 723 2,745 Other Operating Expenses 880 735 819 2,873 Operating Expenditure 1,614 1,432 1,542 5,618 Opera
Slide 9: Income and Asset Quality
Income and Asset Quality GNPA and NNPA Asset Quality Restructured loans considered standard ` 67 cr; 0.04% of net advances SMA2 outstanding - ` 308 cr 0.19% of net advances GNPA: 2.31% NNPA: 1.09% Other Income (` cr) Q3FY18 Q3FY17 Q2FY18 FY17 Fee and Services 829 725 810 2,677 Others 211 1
Slide 10: Segment Performance
Segment Performance Bank Segmental PBT As per RBI (` cr) Q3FY18 Q3FY17 Q2FY18 FY17 Corporate/Wholesale Banking 784 729 685 2,695 Retail Banking 391 322 341 1,195 Treasury, BMU* & 432 285 482 1,258 Corporate Centre Total 1,607 1,336 1,508 5,148 * Balance Sheet Management Unit 10
Slide 11: Customer Assets
Customer Assets 31-Dec-17 (` 159,071 cr) Customer Assets ` cr 31-Dec-17 31-Dec-16 30-Sep-17 Corporate Banking 49,961 42,578 48,995 CV/CE 13,251 9,645 12,205 Agriculture Division 20,550 16,519 19,741 Business Banking 18,017 16,628 18,113 Home Loans and LAP 30,944 25,046 29,429 Small Business, PL & 22
Slide 12: Branches & Deposits
Branches & Deposits CASA (` cr) Highlights CASA % 46.7% 42.0% 47.8% 44.0% 1,375 branches as on 31st Dec, 2017 CASA and TDs below ` 5 cr constitute 75% of total deposits TDs below ` 1 cr were ` 42,027 cr TD Sweep deposits 6.4% of the total deposits Cost of SA for Q3FY18 – 5.58% YoY % 60% Av
Slide 13: Balance Sheet
Balance Sheet ` cr 31-Dec-17 31-Dec-16 30-Sep-17 31-Mar-17 Networth 36,297 26,568 35,206 27,616 Deposits 180,826 149,352 165,671 157,426 CA 25,927 24,217 25,731 27,761 SA 58,459 38,566 53,490 41,504 Term Deposits 96,440 86,569 86,450 88,161 Of which: TD Sweep 11,532 10,941 11,559 10,079 Borrowings 2
Slide 14: Digital – Best In Class Experience
Digital – Best In Class Experience Q3FY18 Biometric 83% Authentication Recurring 65% for Mobile 32% Banking App login Deposit Fixed sourced Deposit Digital share New Instant online digitally sourced of Salaried Age remittance digitally Personal thru Forex Banking Portal ‘Kotak Loan (Value) Remit’ On
Slide 15: Lifestyle made easy with Mobile App & Payments
Lifestyle made easy with Mobile App & Payments Payments highlights 811 – Account Opening through MB Monthly transactions on Mobile 115% Volume Growth(Dec17 v/s Dec 16) Total Payment Gateway UPI 64% transactions Value growth (Dec’17 v/s Dec’16) mStore transactions Volume 291% growth (Dec’17 v/s Dec 1
Slide 16: 811 Digital Customers Highlights
811 Highlights 45% of 811 customers – Salaried employees Launched Credit Card on 91% Customers the Go for 811 between 18-40 Customers 82% years of age New innovations in ~12 Mn Total 811 - Digital customers of Welcome Kit the Bank 63% of 811 Customers come from top 20 cities 16
Slide 17: Digital Update – Subsidiaries
Digital Update – Subsidiaries Kotak Securities Kotak Life Insurance Individual Policies sourced in Q3FY18 through Genie 127% growth YoY (Tablet based end to end in Mobile average sales solution) daily volumes Business (sales in Q3FY18) comes through Genie for Launched ‘Super BANCA channel Multiple p
Slide 18: Kotak Mahindra Prime
Kotak Mahindra Prime Customer Assets* (` cr) & NNPA (%) ` cr Q3FY18 Q3FY17 Q2FY18 FY17 NII 286 263 276 1,017 Other Income 61 47 64 225 NII and Other Income 347 310 340 1,242 Profit Before Tax 226 203 229 788 Profit After Tax 148 133 150 515 CAR (incl unaudited profits) (%) 16.6 ROA (%) - annualised
Slide 19: Kotak Mahindra Investments
Kotak Mahindra Investments Customer Assets* (` cr) & NNPA (%) ` cr Q3FY18 Q3FY17 Q2FY18 FY17 NII 77 71 76 270 Other Income 16 15 24 81 NII and Other Income 93 86 100 351 Profit Before Tax 77 71 84 290 Profit After Tax 50 48 55 196 CAR (incl unaudited profits) (%) 16.8 ROA (%) - annualised 2.4 * Incl
Slide 20: Kotak Securities
Kotak Securities Market ADV (` ‘000 cr) ADV (` cr) - KS 717 432 673 407 ` cr Q3FY18 Q3FY17 Q2FY18 FY17 Total Income 452 287 351 1,184 Profit Before Tax 231 125 177 543 Profit After Tax 154 85 118 361 Market Share * (%) (YTD) 2.0 2.2 1.9 2.2 *excluding BSE Derivative segment ~ 1.5 million secondary m
Slide 21: Kotak Mahindra Life Insurance
Kotak Mahindra Life Insurance New Business Premium (` cr) Highlights 831 531 687 2,278 Individual Regular NBP grew at 37.9% YoY (9MFY18) Individual renewal premium grew 27.3% YoY (9MFY18) Investment Performance of 100% Frontline Equity Funds Quartile 1 on three and five year basis 9MFY18 con
Slide 22: Kotak Mahindra Capital Company
Kotak Mahindra Capital Company Equity Advisory General Insurance Punjab National Bank Transaction Advisor to Tata Corp. of India Chemicals Limited for Sale of its Qualified Institutional Phosphatic Fertilisers Business by ` 11,257 cr Initial Public Offering ` 5,000 cr Placement ` 375 cr way of Slump
Slide 23: Assets Under Management
Assets Under Management Dec 31, 2017 Dec 31, 2016 AUM ` 182,879 cr AUM ` 133,078 cr 23
Slide 24: Kotak Mahindra AMC & Trustee Co.
Kotak Mahindra AMC & Trustee Co. Average Assets Under Management (` cr) - Overall Average Assets Under Management (` cr) - Equity ` cr Q3FY18 Q3FY17 Q2FY18 FY17 Highlights Equity AAUM (Incl Arbitrage) grew Profit Before Tax 57 24 34 84 by 111% YoY compared to Industry growth of 68% Profit After Ta
Slide 25: Geographical Presence
Geographical Presence 2 Branches 1,375 [No./%] 9 North 72 411/30% 9 50 97 1 West East 56 64 4 426/31% 85/6% 16 1 129 36 9 1 South 16 36 453/33% 17 2 Branch Classification 289 82 6 No of ATMs 107 155 77 2,171 32 25
Slide 26: Group Profile
GROUP PROFILE
Slide 27: The Journey So far…
The Journey So far… Acquired Acquired Bill Investment Mutual Alternate Scheme of BSS Discount Banking Fund Securities Assets Pinebridge MF Microfinance 1985 1991 1998 2001 2004 2014 2017 1990 1992 2000 2003 2008 2015 Auto IPO Life BANK ARC ING Vysya Finance Insurance Merger Kotak Mahindra General In
Slide 28: Kotak - Concentrated India; Diversified Financial Services
Kotak - Concentrated India; Diversified Financial Services KOTAK MAHINDRA BANK Commercial Bank & Holding Company Kotak Kotak Mahindra Kotak Investment Kotak Mahindra Mahindra Kotak Securities Investments Advisors Capital Company Prime ∞ Car Finance ∞ Investments ∞ Alternate Assets ∞ Investment ∞ Sto
Slide 29: Present Across the Entire Value Chain
Present Across the Entire Value Chain Platform with Wide Product Portfolio Corporate Banking Commercial Banking Consumer Banking Non-Banking ∞ Corporate Loans ∞ Agriculture Finance ∞ Auto Loans ∞ Mutual Funds ∞ Trade Finance ∞ Tractor Finance ∞ Home loans, LAP ∞ Alternate Assets ∞ Commercial Real Es
Slide 30: Kotak Uniqueness – Strengths
Kotak Uniqueness – Strengths An integrated Ability to Prudent risk Strong brand Strong and identify and management and governance diversified capitalise on capabilities leadership in culture with business opportunities various experienced model businesses management ∞ Balance sheet, ∞ Relative ∞ Gui
Slide 31: The Path of Leadership
The Path of Leadership Attract & Retain Talent - High degree of stability within Risks Management the management team, many Strong Capital Position have been with the Group for - Extensive on-the-ground over 15 years - Capital adequacy amongst the presence and superior highest in the Indian banking
Slide 32: Bank Awards & Recognition
Bank Awards & Recognition 811-Best Corporate Innovation India Fintech Forum 2017 Best Bank in India Asiamoney Cash Management Customer Satisfaction Awards 2017 In-House legal team-The Legal 500 GC Powerlist India Teams Best Corporate & Investment Bank for India Company of the Year 2016 Asiamoney Bes
Slide 33: Awards and Recognition
Awards and Recognition India Equity House 2017 IFR Asia Business World Award Most Innovative Bank Best Campaign Management Excellence in L&D for 2016 Asia Pacific award by The Banker Award (Gold Medal) for the Magazine Agar Magar Jigar campaign DMAsia 2017 Securities Advisory Firm of the Year in Ind
Slide 34: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work DIPAK GUPTA Joined Kotak in 1992; First charge | Senior Manager, Kotak Mahindra Finance Current charge | Joint Managing Director, Kotak Mahindra Bank On being a professional entrepreneur | I used to be an engineer and then a consultant. My first job a
Slide 35: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work D.KANNAN Joined Kotak in 1991; First charge | Assistant Manager, Kotak Mahindra Finance Current charge | Group Head, Commercial Banking, Kotak Mahindra Bank On being a professional entrepreneur | Joined Kotak Mahindra Finance as Assistant Manger and w
Slide 36: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work JAIDEEP HANSRAJ Joined Kotak in 1993; First charge | Assistant Manager, Kotak Mahindra Finance Current charge |CEO – Wealth Management and Priority Banking, Kotak Mahindra Bank On being a professional entrepreneur My first job at Kotak was to garner l
Slide 37: Talent: Professional Entrepreneurs at work
Talent: Professional Entrepreneurs at work MOHAN SHENOI Joined Kotak in 2002; Current charge | President & Chief Operating Officer, Kotak Mahindra Bank On being a professional entrepreneur | Very few in the banking industry have the experience of starting a new bank. I had this rare privilege
Slide 38: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Kotak Mahindra Bank Limited (the “Bank”) and no part of it shall form the basis of or be relied upon in connection wit
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