Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q1 FY2022 Earnings Presentation
42 slides from Bank Of Maharashtra's earnings presentation, Jul 22, 2021
Slide 1: Exchange cover letter: Press Release and Presentation
ap 3th Heres Bank of Maharashtra we often pos das AX1/ISD/STEX/2021-22 Date: 22.07.2021 The General Manager, The Vice President, Department of Corporate Services, Listing Department, BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex
Slide 2: Press Release: Results at a Glance
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in PRESS RELEASE Date: 22nd July, 2021 FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2021 Results at a Glance Net Profit up by 106 % to ₹ 208 crore on Y-o-Y basis. Operating profit grew by 56 % to ₹ 1110
Slide 3: Press Release: Assets & Liabilities, Capital Adequacy, Asset Quality
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Assets & Liabilities Total Business grew by 14% on Y-o-Y basis to ₹284970 crore in Q1FY22. The same is up by1% on Q-o-Q sequential basis. Total Deposits up by 14% on Y-o-Y basis to ₹ 174378 crore in Q1FY2
Slide 4: Top Line Business, Key Ratios and Balance Sheet
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Top Line Business (Rs in crore) As on Change (%) Particulars Jun 20 Mar 21 Jun 21 Y-o-Y Q-o-Q Total Business 249,608 281,659 284,970 14.17 1.18 Deposits 152,987 174,006 174,378 13.98 .21 of which CASA 75,824
Slide 5: Financial Results Quarter Ended 30th June, 2021
FINANCIAL RESULTS Quarter Ended 30th June, 2021 22/07/2021
Slide 6: Major Financial Highlights (Y-o-Y)
Major Financial Highlights (Y-o-Y) (Q-Jun 21 vis-a-vis- Q-Jun 20) Net profit grew by 106% to Rs 208 crore Operating profit increased by 56% Net Interest Income up by 29% Net Interest Margin (NIM) improved to 3.05% as against 2.43% Cost of Funds reduced by 58 basis points. Cost to income
Slide 7: Performance Highlights (Y-o-Y)
Performance Highlights (Y-o-Y) (Q-Jun 21 vis-a-vis- Q-Jun 20) 14% 19% 8% 18% Gross Advances Retail MSME Agriculture 20% 14% 22% 24% Net Investment Total Deposit Saving Deposit Current Deposit www.bankofmaharashtra.in @mahabank 3
Slide 8: Profitability (Quarter)
Profitability (Quarter) Operating Profit Net Profit 1,540 208 165 1,110 154 902 130 806 710 101 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 @mahabank 4
Slide 9: NII & NIM(%)
NII & NIM(%) NII(Quarter) Net Interest Margin 3.50 1,383 1,406 3.00 3.11 1,306 3.06 3.05 1,120 1,088 2.62 2.50 2.43 2.00 1.50 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 @mahabank 5
Slide 10: Statement of Income & Expense
Statement of Income & Expense Quarter Ended Change Particulars Jun 20 Mar 21 Jun 21 Y-o-Y(%) Total Income 3,265 4,333 3,795 16.22 Total Expenses 2,555 2,793 2,684 5.06 Operating Profit 710 1,540 1,110 56.38 Provisions & Contingencies 609 1,063 650 6.81 other than taxes Profit before tax 101 477 460
Slide 11: Interest Earnings
Interest Earnings 3,098 3,104 2,896 1,877 1,952 1,691 997 1,074 1,087 208 147 64 Jun 20 Mar 21 Jun 21 Total Interest Income 2,896 3,098 3,104 Interest on Advances 1,691 1,877 1,952 Interest on Investment 997 1,074 1,087 Other Interest Income 208 147 64 @mahabank 7
Slide 12: Non Interest Income
Non Interest Income 1,235 315 209 691 245 369 711 146 304 177 141 45 Jun-20 Mar-21 Jun-21 Total Non-Interest Income 369 1,235 691 Fee Based Income 146 315 245 Trading Income 177 209 304 Other Income 45 711 141 Other income for Mar-21 is on higher side due to recovery in TWO account (Bhushan Power)
Slide 13: Interest Expense
Interest Expense 1,807 1,715 1,698 1,676 1,615 1,605 132 100 93 Jun 20 Mar 21 Jun 21 Total Interest Expense 1,807 1,715 1,698 Interest on Deposits 1,676 1,615 1,605 Other Interest Expense 132 100 93 @mahabank 9
Slide 14: Operating Expense
Operating Expense 1,079 987 746 694 497 486 490 384 260 Jun 20 Mar 21 Jun 21 Total Operating Expenditure 746 1,079 987 Staff Expenses 486 694 497 Other Operating Expenses 260 384 490 Bank has made provision of expense on account of Covid-19 of Rs 125 cr @mahabank 10
Slide 15: Other Operating Expense
Other Operating Expense Expenditure Item Quarter Ended (Excl Staff Exp) Jun 20 Mar 21 Jun 21 Rent, taxes, lighting 48 57 65 Printing & Stationery 2 6 4 Advt. & Publicity 2 13 18 Depreciation on fixed assets 44 50 41 Directors Fees & Expenses 0.08 0.08 0.09 Auditors Fees 3 4 5 Law Charges 2 7 4 Posta
Slide 16: Provisions & Contingencies
Provisions & Contingencies Quarter Ended Particulars Jun 20 Mar 21 Jun 21 Non Performing Assets 409 1,376 501 Standard/Restructured Assets 198 80 257 Depreciation on Investments 2 (2) 4 Non-performing Investment 5 0 (0.01) Other provisions (5) (392) (112) Provision & Contingencies 609 1,063 650 othe
Slide 17: Key Financial Ratios (%)
Key Financial Ratios (%) Yield on Advances (Qtr) Yield on Investment (Qtr) Yield on Funds (Qtr) 7.78 7.50 7.69 7.58 7.47 7.09 6.81 6.83 6.50 6.69 6.62 6.54 6.50 6.35 6.34 6.24 6.19 5.50 Jun-20 Sep-20 Dec-20 Mar-20 Jun-21 Jun-20 Sep-20 Dec-20 Mar-20 Jun-21 Jun-20 Sep-20 Dec-20 Mar-20 Jun-21 Cost of F
Slide 18: Asset & Liabilities- An Overview
Asset & Liabilities- An Overview As on LIABILITIES Jun 20 Mar 21 Jun 21 Capit al 5,824 6,560 6,560 Reserves and Surplus 5,032 5,573 5,781 Deposit s 1,52,987 1,74,006 1,74,378 Borrowings 12,768 4,239 7,662 Ot her Liabilit ies & Provisions 5,060 6,287 5,881 TOTAL 1,81,671 1,96,665 2,00,262 ASSETS Cash
Slide 19: Business Mix
Business Mix As on Particulars Jun 20 Mar 21 Jun 21 Total Business 2,49,608 2,81,659 2,84,970 Gross Advances 96,621 1,07,654 1,10,592 Total Deposits 1,52,987 1,74,006 1,74,378 Jun-20 Mar-21 Jun-21 38.71% 38.22% 38.81% 61.29% 61.78% 61.19% Total Deposit Gross Advances @mahabank 15
Slide 20: CASA Deposit
CASA Deposit 55.00 93,945 92,490 90,000 54.00 80,125 82,452 75,475 75,824 53.99 75,000 53.00 53.04 52.00 60,000 51.00 45,000 50.91 50.51 50.00 50.29 30,000 49.56 49.00 15,000 48.00 - 47.00 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 CASA 75,475 75,824 80,125 8
Slide 21: Investments
Investments 80,000 72,821 68,647 70,000 63,581 64,638 61,150 60,000 50,000 40,000 30,000 20,000 10,000 0 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 Gross Investment 61,150 63,581 64,638 68,647 72,821 HTM 36,266 40,425 44,469 47,235 47,943 AFS 24,680 23,075 20,169 21,411 24,877 HFT 204 80 - 1 1 @mahabank 17
Slide 22: Credit Portfolio
Credit Portfolio As on Growth Particulars Jun 20 Mar 21 Jun 21 Y-o-Y (%) Gross Advances 96,621 1,07,654 1,10,592 14.46 of which Retail Sector 24,191 28,651 28,871 19.35 Agriculture Sector 14,796 16,202 15,914 7.55 MSME Sector 18,414 23,133 21,707 17.88 Total RAM 57,401 67,986 66,492 15.84 Corporate
Slide 23: Retail
RETAIL Particulars Jun 20 Jun 21 Y-o-Y Growth % 26% Gross Advances 96,621 1,10,592 14 of which RETAIL 24,191 28,871 19 6% 63% Housing 14,954 18,215 22 4% Education 1,219 1,255 3 Vehicle 1,408 1,779 26 Others 6,610 7,623 15 Housing Education Vehicle Others @mahabank 19
Slide 24: Agriculture
AGRICULTURE Particulars Jun 20 Jun 21 Y-o-Y Growth % Gross Advances 96,621 1,10,592 14 26% of which AGRICULTURE 14,796 15,914 8 Farm Credit 3% 51% 10,723 11,357 6 4% (Crop, Investment & Allied) 17% Agri Infrastructure 410 486 19 Agri Ancillary Activities 3,663 4,070 11 Crop Loans Investment Credit A
Slide 25: MSME
MSME Particulars Jun 20 Jun 21 Y-o-Y 7% Growth % Gross Advances 96,621 1,10,592 14 31% of which MSME 18,414 21,707 18 62% Micro 10,117 13,453 33 Small 6,431 6,759 5 Medium 1,865 1,495 -20 Micro Small Medium Reduction in Medium is due to removal of Rs 926 crore IBPC @mahabank 21
Slide 26: External Rating-wise Advances- Above 25 crore
External Rating-wise Advances- Above 25 crore Jun-21 Mar-21 Jun-21 Particulars No. of Balance No. of Balance 10.53 Borrower (F+NF) Borrower (F+NF) 13.59 AAA 14 6251.16 13 6668.91 9.85 14.02 AA 33 7348.87 36 7976.66 Mar-21 A 71 12499.82 72 13176.57 14.26 16.33 BBB 50 7280.12 48 7001.94 16.49 16.25 BB
Slide 27: Funded Exposure to Selected Sectors & Industries
Funded Exposure to Selected Sectors & Industries (more than 1%)- Jun 21 Loans against gold jewellery 1.12% Food Credit 1.16% Banking & Finance other than NBFCs, PFIs and NHB 1.17% Chemicals & Chemical Products 1.25% Education 1.31% Transport operators 1.33% All Engineering 1.38% Vehicle Loans 1.46%
Slide 28: Asset Quality
Asset Quality Jun 20 Mar 21 Jun 21 2.10% 4.11% 0.14% 8.77% 0.55% 1.66% 5.12% 0.44% 1.61% 92.77% 93.65% 89.07% Standard Sub-Standard Doubtful Loss Particulars Jun 20 Mar 21 Jun 21 Standard 86,062 99,874 1,03,571 Sub-Standard 1,557 1,790 2,323 Doubtful 8,472 5,513 4,548 Loss 529 476 151 Total Advances
Slide 29: Gross & Net NPA (%)
Gross & Net NPA (%) 10.93 8.81 7.69 7.23 6.35 4.1 3.3 2.59 2.48 2.22 June 20 Sept 20 Dec 20 Mar 21 June 21 Net NPA % Gross NPA % @mahabank 25
Slide 30: Provisions & Contingencies
Provisions & Contingencies Provision & Contingencies (%) Provision Coverage Ratio 89.55 89.86 90.70 85.62 87.15 0.42% 16% 68.31 67.57 66.79 29% 56% 63.43 64.87 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 PCR [%] (including 85.62 87.15 89.55 89.86 90.70 TWO) PCR [%] (excluding 63.43 64.87 68.31 67.57 66.79 NP
Slide 31: Movement of NPA
Movement of NPA Quarter Ended Particular Jun-20 Mar-21 Jun-21 Opening Level of Gross NPAs 12,152 8,072 7,780 Total Reductions 1,698 2,372 1,695 of which : Recovery + 156 738 649 Upgradation Gross Addition 105 2,079 937 of which : Variable 28 28 97 : Fresh Slippages 77 2,051 840 Net Increase (1,594)
Slide 32: Sector-wise Credit Deployment & NPA
Sector-wise Credit Deployment & NPA Jun 20 Mar 21 Jun 21 Sectors Sector Sector Sector Sector Sector Sector Advance Advance Advance NPA NPA (%) NPA NPA (%) NPA NPA (%) Agriculture 14,796 3,676 24.84 16,202 3,450 21.29 15,914 3,345 21.02 Retail 24,191 738 3.05 28,651 682 2.38 28,871 673 2.33 Micro & S
Slide 33: Retail Sector- NPA
Retail Sector- NPA Jun 20 Mar 21 Jun 21 Sector Gross Sector Sector Gross Sector Sector Gross Sector Sector Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Total Retail Credit 24,191 738 3.05 28,651 682 2.38 28,871 673 2.33 of which Housing 14,954 580 3.88 17,909 493 2.75 18,215 469 2.57
Slide 34: Movement of SMA
Movement of SMA Particulars Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Gross Advances 96,621 1,03,408 1,04,904 1,07,654 1,10,592 SMA - 2 147 502 4,815 1,275 1,272 SMA - 1 825 2,471 7,524 3,629 3,365 4.59 7.17 3.37 3.04 0.49 1.18 1.15 2.39 0.15 0.85 Jun 20 Sep 20 Dec 20 Mar21 June 21 Jun 20 Sep 20 Dec 20 Mar
Slide 35: Restructuring of Advances during the Quarter
Restructuring of Advances during the Quarter 2,500.00 2,240 2,000.00 1,500.00 1,048 1,000.00 500.00 17 - Jun 20 Mar-21 Jun-21 Total 17 1,048 2,240 Corporate - 204 793 MSME 17 519 434 Retail 0.37 326 1,013 @mahabank 31
Slide 36: Restructuring of Advances
Restructuring of Advances Sector-wise COVID Restructuring under RP 1.0 as on 30.06.2021 RP Invoked RP Implemented (as on 31.03.21) RP Implemented (as on 30.06.21) % to % to % to Std % to Total % to Total respective respective % to Total respective Sector Amount Advance as Std Amount Amount Std secto
Slide 37: Capital Adequacy
Capital Adequacy 14.49 14.46 13.65 13.21 13.18 10.97 11.00 10.23 10.54 10.31 2.99 3.11 3.52 3.46 2.87 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 CRAR % 13.21 13.18 13.65 14.49 14.46 Tier I Capital 10.23 10.31 10.54 10.97 11.00 Tier II Capital 2.99 2.87 3.11 3.52 3.46 @mahabank 33
Slide 38: Digital Footprints (in Mio)
Digital Footprints (in Mio) E-transaction (%) Mobile Banking Transactions 94.17 1.16 94.02 1.04 93.60 0.93 0.72 0.78 91.98 91.89 Jun 20 Sep 20 Dec 20 Mar 21 Jun 21 Jun 20 Sep20 Dec20 Mar 21 Jun 21 ATM Card Base ATM No(Actuals) 1950 1990 1819 1728 1721 9.03 9.64 10.03 7.88 8.45 Jun 20 Sep 20 Dec 20 M
Slide 39: Digital Footprints (in Mio)
Digital Footprints (in Mio) UPI /BHIM Transactions Internet Banking Users 144.60 1.59 129.97 1.45 1.53 117.95 1.28 1.35 75.47 62.08 Jun 20 Sep20 Dec20 Mar 21 Jun 21 Jun 20 Sep20 Dec20 Mar 21 Jun 21 UPI/BHIM Users Mobile Banking Users 1.60 1.51 1.36 1.49 1.46 1.20 1.50 1.39 1.09 1.35 0.94 1.40 1.30 1
Slide 40: @mahabank
@mahabank 36 www.bankofmaharashtra.in
Slide 41: Equity Holding & Ratios
Equity Holding & Ratios Govt of India Banks, Fis & 93.33 Insurance Co FIIs & NRIs 2.13 0.18 4.36 Bank has raised Capital of Rs. 403.70 crore through QIP in July-2021 @ Rs 23.70/share As on Particular Jun 20 Mar 21 Jun 21 No. of Share (crore) 582.41 656.02 656.02 Networth (Rs in crore) 7,095 8,019 8,
Slide 42: Thank You
Thank You www.bankofmaharashtra.in
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