Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2021 Earnings Presentation
32 slides from Bank Of Maharashtra's earnings presentation, Jan 19, 2021
Slide 1: Financial Results Quarter/Nine Months Ended 31st Dec 2020
FINANCIAL RESULTS Quarter/ Nine Months Ended 31st Dec 2020 19/01/2021 1
Slide 2: Results highlights
Net profit grew by 13.91% to Rs 154 crore Operating profit increased by 7.18% to Rs 902 crore Net Interest Income up by 10.12% Net Interest Margin (NIM) improved to 3.06% as against 2.86% Total Business increased by 13.15% and Total Advances increased by 11.74% RAM(Retail, Agri & MSME) B
Slide 3: Key ratios: NIM, CASA, Gross NPA, Net NPA
3.06% 50.91% 7.69% 2.59% NIM CASA Gross NPA Net NPA 4.09% 7.78% 90% 154 Cr Cost of Deposit Yield on Advance Provision Coverage Ratio Net Profit 3
Slide 4: Operating profit and net profit
QUARTER NINE MONTHS 1,000 3,000 902 842 2418 806 750 2252 2,000 500 1,000 250 154 331 385 135 130 0 - Dec 19 Dec 20 Dec 19 Sep 20 Dec 20 Operating Profit 2252 2418 Opearting Profit 842 806 902 Net Profit 331 385 Net Profit 135 130 154 4
Slide 5: Profit and loss summary
Quarter Ended 9 Months Ended Particulars Dec 19 Sep 20 Dec 20 Dec 19 Dec 20 Total Income 3,459 3,319 3,577 9,946 10,161 Total Expenses 2,617 2,513 2,675 7,694 7,743 Operating Profit 842 806 902 2,252 2,418 Provisions & Contingencies 917 557 498 2197 1,664 other than taxes Profit before tax (75) 249
Slide 6: Total interest income
QUARTER NINE MONTHS 3,500 10,000 3,016 3,007 8,689 8,771 3,000 2,868 414 226 97 644 109 8,000 2,500 1,032 3,079 1,098 1,051 3,214 2,000 6,000 1,500 4,000 1,000 1,878 5,277 1,693 1,708 4,832 2,000 500 - - Dec 19 Sep 20 Dec 20 Dec 19 Dec 20 Total Interest Income 3,016 2,868 3,007 Total Interest Income
Slide 7: Total non-interest income
QUARTER NINE MONTHS 800 1,500 1,390 1,257 600 570 1,200 451 686 442 900 593 400 275 205 265 600 352 510 200 90 206 300 127 312 148 88 193 - 60 - Dec 19 Sep 20 Dec 20 Dec 19 Dec 20 Total Non-Interest Total Non-Interest 442 451 570 1,257 1,390 Income Income Fee Based Income 205 265 275 Fee Based Incom
Slide 8: Total interest expense
QUARTER NINE MONTHS 2,000 1,830 6,000 5,433 1,747 1,701 5,256 1,600 5,000 4,000 1,200 1,687 3,000 5,087 1,632 1,603 4,911 800 2,000 400 1,000 - 143 116 98 - 346 345 Dec 19 Sep 20 Dec 20 Dec 19 Dec 20 Total Interest Expense 1,830 1,747 1,701 Total Interest Expense 5,433 5,256 Interest on Deposit 1,68
Slide 9: Total operating expense
QUARTER NINE MONTHS 974 2,486 1,000 2,500 2,262 787 766 800 350 2,000 926 998 600 350 315 1,500 400 1,000 624 1,561 200 436 451 500 1,263 - - Dec 19 Sep 20 Dec 20 Dec 19 Dec 20 Total Operating Total Operating 787 766 974 2,262 2,486 Expense Expense Other Operating Other Operating 350 315 350 998 926
Slide 10: Total non-interest expenses
Expenditure Item Quarter Ended 9 Months Ended (Excl Staff Exp) Dec 19 Sep 20 Dec 20 Dec 19 Dec 20 Rent, t axes, lighting 53 58 55 161 161 Print ing & Stat ionery 4 5 5 13 12 Advt. & Publicity 7 11 13 14 26 Depreciat ion on fixed asset s 56 46 48 159 138 Direct ors Fees & Expenses 0.16 0.09 0.08 0.61
Slide 11: Provisions and contingencies
Quarter Ended 9 Months Ended Particulars Dec 19 Sep 20 Dec 20 Dec 19 Dec 20 Non Performing Asset s 794 43 386 2236 837 St andard/Rest ruct ured Asset s 37 273 91 (101) 562 Depreciat ion on Invest ments 23 2 (4) 23 (1) Non-performing Invest ment 9 111 44 16 161 Ot her provisions 54 128 (19) 24 104 Pr
Slide 12: Yield and cost ratios
Yield on Advances (Qtr) Yield on Investment (Qtr) Yield on Funds (Qtr) 8.50 8.00 8.00 8.00 7.50 7.50 7.66 7.78 7.50 7.18 7.00 7.00 7.02 7.00 7.09 6.83 6.69 6.62 6.50 6.50 6.50 6.24 6.00 6.00 6.00 5.50 5.50 5.50 Dec 19 Sep 20 Dec 20 Dec 19 Sep 20 Dec 20 Dec 19 Sep 20 Dec 20 Cost of Deposit (Qtr) Cost
Slide 13: NIM and cost to income
NIM(QTR) Cost to Income (QTR) Dec 20 3.06 Dec 20 51.92 Sep 20 2.62 Sep 20 48.73 Dec 19 2.86 Dec 19 48.31 2.00 4.00 40.00 60.00 NIM(9M) Cost to Income(9M) Dec 20 2.75 Dec 20 50.70 Dec 19 2.68 Dec 19 50.11 13 2.40 2.70 3.00 40.00 60.00
Slide 14: Balance sheet
As on LIABILITIES Dec 19 Sep 20 Dec 20 Capit al 5824 6560 6560 Reserves and Surplus 4875 5257 5411 Deposits 141986 158626 161971 Borrowings 7820 5288 4765 Ot her Liabilities & Provisions 2937 3980 5375 TOTAL 163442 179711 184082 ASSETS Cash and Balances wit h Reserve Bank of 7527 5438 7571 Balances
Slide 15: Total business, advances and deposits
As on Particulars Dec 19 Sep 20 Dec 20 Tot al Business 2,35,867 2,62,034 2,66,875 Gross Advances 93,882 1,03,408 1,04,904 Tot al Deposit s 1,41,986 1,58,626 1,61,971 Dec 19 Sep 20 Dec 20 39.80% 39.46% 39.31% 60.20% 60.54% 60.69% 15 Total Deposit Gross Advances
Slide 16: CASA deposits
90,000 52.00 75,000 51.00 50.91 60,000 50.51 50.00 50.29 45,000 49.56 49.00 30,000 48.00 48.07 15,000 47.00 - 46.00 Dec 19 Mar-20 Jun-20 Sep 20 Dec 20 CASA 68,246 75,475 75,824 80,125 82,452 Saving Deposits 56,950 61,086 63,814 66,870 68,299 Current Deposits 11,296 14,389 12,011 13,255 14,153 CASA (
Slide 17: Investments
Investments 70,000.00 63,581 64,638 60,521 60,000.00 50,000.00 35,932 40,425 44,469 40,000.00 30,000.00 20,000.00 24,209 23,075 10,000.00 20,169 - Dec 19 Sep 20 Dec 20 Gross Investment 60,520.56 63,581.14 64,637.73 HTM 35,931.59 40,425.47 44,468.94 AFS 24,208.87 23,075.19 20,168.80 HFT 380.10 80.48
Slide 18: Credit portfolio
Credit Portfolio 1,20,000 1,03,408 1,04,904 1,00,000 93,882 41,683 40,593 80,000 40,840 60,000 19,057 20,304 16,074 40,000 16,039 16,467 15,601 20,000 21,366 26,628 27,540 - Amount Amount Amount Dec 19 Sep 20 Dec20 Total Advances 93,882 1,03,408 1,04,904 Corporates & others 40,840 41,683 40,593 MSME
Slide 19: External rating-wise advances
External Rating-wise Advances Dec -20 Dec 19 Sep-20 Dec-20 17.00% Particulars No. of Balance No. of Balance No. of Balance 6.60% Borrower (F+NF) Borrower (F+NF) Borrower (F+NF) 16.03% STD Borrowers eligible 948 45,236 1,130 50,694 1,125 53,311 for external rating 14.52% of which Dec -19 11.95% 53.69
Slide 20: Sector-wise credit exposure
Tourism, Hotels and Restaurants 1.15% Chemicals & Chemical Products 1.19% Food Credit 1.42% All Engineering 1.47% Commercial Real Estate 1.51% Textiles 1.58% Basic Metal & Metal Product 1.84% Housing Finance Companies (HFCs) 3.54% Professional and Other Services 4.39% NBFC except PFI 4.47% Trade 8.6
Slide 21: Advances by asset classification
1,20,000 1,03,408 1,04,904 1,00,000 93,882 80,000 60,000 78,136 94,303 96,832 40,000 20,000 - Amount Amount Amount Dec 19 Sep 20 Dec 20 Total Advances 93,882 1,03,408 1,04,904 Standard 78,136 94,303 96,832 Sub-Standard 4,063 1,100 520 Doubtful 9,524 7,484 7,050 Loss 2,159 521 503 21
Slide 22: Gross and Net NPA (%)
Gross & Net NPA (%) 18.00 16.77 16.00 14.00 12.81 12.00 10.93 10.00 8.81 8.00 7.69 6.00 5.46 4.77 4.10 4.00 3.30 2.59 2.00 - Dec 19 Mar 20 Jun 20 Sep 20 Dec 20 Gross NPA (%) 16.77 12.81 10.93 8.81 7.69 Net NPA (%) 5.46 4.77 4.10 3.30 2.59 22
Slide 23: NPA movement
Quarter Ended 9 Months Ended Particular Dec-19 Sep-20 Dec-20 Dec-19 Dec-20 Opening Level of Gross NPAs 15,409 10,559 9,105 15,324 12,152 Total Reductions 1,062 1,578 1,049 2,924 4,233 of which : Recovery + 520 556 275 1,191 927 Upgradation Gross Addition 1,399 125 16 3,345 154 of which : Variable 70
Slide 24: Sector-wise advances and NPA
As on Dec 19 Sep 20 Dec 20 Sectors Sector Sector Sector Sector Sector Sector Advance Advance Advance NPA NPA (%) NPA NPA (%) NPA NPA (%) Agriculture 15,601 3,532 22.64 16,039 3,480 21.70 16,467 3,340 20.28 Retail 21,366 759 3.55 26,628 696 2.61 27,540 659 2.39 Micro & Small 15,183 2,194 14.45 18,039
Slide 25: Retail credit and NPA
Dec 19 Sep 20 Dec 20 Sector Gross Sector Sector Gross Sector Sector Gross Sector Sector Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Total Retail Credit 21366 759 3.55 26628 696 2.61 27540 659 2.39 of which Housing 13996 589 4.21 15881 552 3.47 16813 527 3.14 Education 1208 79 6.54 12
Slide 26: SMA1 and SMA2 accounts
Feb-20 Mar-20 Jun-20 Sep-20 Dec-20 Particular No. of O/s No. of O/s No. of O/s No. of O/s No. of O/s A/cs Amount A/cs Amount A/cs Amount A/cs Amount A/cs Amount SMA1 38,335 2,821 28,291 2,128 11,501 825 14,761 1,051 13,969 1,476 SMA2 22,190 1,724 7,015 702 1,510 147 9,133 689 14,022 1,419 26
Slide 27: CRAR (%)
15.00 13.18 13.65 13.00 11.21 11.00 9.00 10.31 10.54 7.00 9.44 5.00 3.00 2.87 3.11 1.00 1.77 (1.00) Dec 19 Sep 20 Dec 20 CRAR (%) 11.21 13.18 13.65 Tier I Capital (%) 9.44 10.31 10.54 Tier II Capital (%) 1.77 2.87 3.11 27
Slide 28: E-transactions and mobile banking
E-transaction (%) Mobile Banking Transactions 0.93 100 94.02 1.00 0.78 91.98 91.89 0.72 0.80 0.61 90 0.56 0.60 79.63 80.79 0.40 80 0.20 70 0.00 Dec 19 Mar 20 Jun 20 Sep 20 Dec 20 Dec 19 Mar 20 Jun 20 Sep 20 Dec 20 SMS Alert Subscription Mobile Banking Users 1.40 1.20 14.42 1.09 1.20 14.50 0.94 14.11
Slide 29: Internet banking and UPI/BHIM
Internet banking Users UPI/BHIM Transactions 1.45 150 1.5 116.71 1.36 1.4 1.29 1.26 100 75.47 1.3 1.21 61.53 62.08 54.64 1.2 50 1.1 1 0 Dec 19 Mar 20 Jun 20 Sep 20 Dec 20 Dec 19 Mar 20 Jun 20 Sep 20 Dec 20 Internet Banking Transactions UPI/BHIM Users 4 3.10 1.39 1.40 1.35 3 2.59 2.64 1.30 2.44 1.30
Slide 30: PMJDY accounts and social security schemes
No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 6.68 6.80 6.52 2.38 2.40 2.33 6.28 2.29 6.40 6.17 2.28 6.10 2.30 2.25 6.00 2.20 5.60 2.10 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Deposit in PMJDY Accounts No.of Enrollments under Ata
Slide 31: Shareholding pattern and key per-share data
Govt of India Banks, FI & Insurance Co FIIs & NRIs Others 93.33% 3.48% 0.15% 3.03% Quarter Particular Dec 19 Sep 20 Dec 20 No. of Share (crore) 582 656 656 Net worth (Rs in crore) 6,441 7,363 7,794 Book Value per share 11.06 11.22 11.88 Return on Equit y (%) 6.86 7.64 7.91 31
Slide 32: Thank You
www.bankofmaharashtra.in Thank You
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