Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q4 FY2023 Earnings Presentation
41 slides from Bank Of Maharashtra's earnings presentation, Apr 24, 2023
Slide 1: Stock exchange cover letter: Press Release and Presentation
AX1/ISD/STEX/2023-24 Date: 24.04.2023 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, Mumbai - 400 001 Bandra (East), Mumbai - 400 051
Slide 2: Financial Results for Quarter/Year Ended 31st March, 2023
FINANCIAL RESULTS For Quarter/ Year Ended 31st March, 2023 www.bankofmaharashtra.in /mahabank
Slide 3: Contents
Contents Page 1. Major Highlights 3-4 2. Business Performance 5-8 3. Financial Performance 9 - 22 4 Asset Quality 23 - 30 5. Capital 31 - 32 6. Digital Banking 33 - 34 7. Financial Inclusion 35 8. Expanding Footprints 36 9. Other Information 37 - 39 2 www.bankofmaharashtra.in /mahabank
Slide 4: 5 Years Performance at a Glance
Major Business Financial Asset Quality Capital Highlights Performance Performance 5 Years Performance at a Glance ( ₹ In Crore ) Particulars Mar`19 Mar`20 Mar`21 Mar`22 Mar`23 Total Business 2,34,117 2,44,955 2,81,659 3,37,534 4,09,202 Total Deposits 1,40,650 1,50,066 1,74,006 2,02,294 2,34,083 CASA
Slide 5: Major Highlights
Major Business Financial Asset Quality Capital Highlights Performance Performance Total Total Business Business Total Total Deposits Deposits Gross Gross Advances Advances CASA% CASA RAM% RAM Net NPA Increased by Increased by Increased by FY `23 21.23% 15.71% 29.49% 53.38 (57.85) 57.15 (59.65) 0.25
Slide 6: Total Business
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Business ( ₹ In Crore ) Last 5 quarters 21.23 % (Y-o-Y) (%) ( ₹ In Crore ) Yearly (%) 4,50,000 100 4,50,000 100 4,09,202 4,09,202 4,00,000 4,00,000 3,65,398 90 90 3,37,534 3,36,470 3,44,065 3,37,534 3,50,000 3,50
Slide 7: CASA Deposit
Major Highlights Business Financial Asset Quality Capital Performance Performance CASA Deposit ( ₹ In Crore ) (%) ( ₹ In Crore ) (%) Last 5 Quarters 6.77 % (Y-o-Y) Yearly 1,40,000 80 1,40,000 80 1,24,961 1,24,961 1,17,035 75 1,17,035 75 1,20,000 1,20,000 1,09,857 1,10,205 1,09,430 70 70 1,00,000 1,0
Slide 8: Gross Advances
Major Highlights Business Financial Asset Quality Capital Performance Performance Gross Advances Last 5 Quarters (%) Yearly (%) ( ₹ In Crore ) 29.49 % (Y-o-Y) ( ₹ In Crore ) 2,00,000 100 2,00,000 100 1,75,120 1,75,120 1,80,000 1,80,000 90 90 1,56,962 1,60,000 1,48,216 1,60,000 1,40,561 1,35,240 1,35
Slide 9: Investments
Major Highlights Business Financial Asset Quality Capital Performance Performance Investments (Quarterly) M Duration (AFS+HFT) (Quarterly) ( ₹ In Crore ) 80,000 74,329 70,731 1.70 69,093 68,116 69,215 70,000 1.63 1.60 60,000 50,000 1.50 40,000 1.40 1.40 30,000 1.34 1.30 1.29 20,000 1.22 10,000 1.20
Slide 10: Profitability
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ In Crore ) ( ₹ In Crore ) (Quarterly) Operating Profit 57.36 % (Y-o-Y) (Quarterly) Net Profit 136.48 % (Y-o-Y) 1,855 840 775 1,580 1,462 535 1,179 1,202 452 355 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Mar
Slide 11: Net Interest Income and NIM
Major Highlights Business Financial Asset Quality Capital Performance Performance (Quarterly) (%) (Quarterly) ( ₹ In Crore ) Net Interest Income NIM % 2,187 3.78 1,980 3.60 1,887 3.55 1,686 1,612 3.27 3.28 1,500 1,527 3.17 1,406 3.11 3.05 Jun`21 Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Mar`23 Jun
Slide 12: Statement of Income and Expenditure
Major Highlights Business Financial Asset Quality Capital Performance Performance Statement of Income and Expenditure ( ₹ In Crore ) Quarter Ended Year Ended Particulars Mar`22 Dec`22 Mar`23 Y-o-Y (%) Mar`22 Mar`23 Y-o-Y (%) Total Income 3,949 4,770 5,317 35 15,672 18,179 16 Interest Income 3,426 4,
Slide 13: Interest Earnings
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Earnings ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) 18,000 (Yearly) 4,800 4,495 15,898 4,129 3,815 15,000 4,000 13,019 3,426 3,457 11,869 12,000 11,495 3,200 10,850 11,486 2,400 9,000 8,232 6,409 7,154 6,567 1,
Slide 14: Non-Interest Income
Major Highlights Business Financial Asset Quality Capital Performance Performance Non-Interest Income ( ₹ In Crore ) Quarter Ended Year Ended Particulars Y-o-Y % Y-o-Y % Mar`22 Dec`22 Mar`23 Mar`22 Mar`23 Comm. from Advances 164 129 176 8 528 545 3 Other Commissions 208 210 206 (1) 705 764 8 Fee Bas
Slide 15: Interest Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Expenses ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) (Yearly) 2,500 9,000 2,308 8,158 2,149 7,500 7,116 7,217 2,000 1,928 6,971 6,975 1,814 1,772 6,000 1,500 4,500 1,000 3,000 500 1,500 - - Mar`22 Jun`22 Sept`22
Slide 16: Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Operating Expenses ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) (Yearly) 1,250 3,922 1,154 4,000 3,849 3,565 1,040 1,000 955 3,083 3,081 927 3,200 801 750 2,400 500 1,600 250 800 - - Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Ma
Slide 17: Other Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ In Crore ) Quarter Ended Year Ended Particulars Mar`22 Dec`22 Mar`23 Mar`22 Mar`23 Y-o-Y (%) Rent, taxes, lighting 59 60 67 228 248 9 Printing & Stationery 7 3 12 22 26 17 Depreciation on f
Slide 18: Provisions & Contingencies
Major Highlights Business Financial Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ In Crore ) Quarter Ended Year Ended Particulars Mar`22 Dec`22 Mar`23 Mar`22 Mar`23 Prov for Non Performing Assets 568 539 545 2,578 2,253 Prov for Standard/Restructured Assets (118) (71)
Slide 19: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Cost of Deposits (%) Cost of Funds (%) Cost to Income (%) 3.95 44.76 3.61 3.62 3.81 3.61 3.32 3.31 3.54 39.99 3.46 3.18 39.69 38.82 38.34 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Mar`22 Jun`22
Slide 20: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Yield on Advances (%) Yield on Funds (%) Yield on Investments (%) 7.05 8.49 6.94 8.28 6.34 6.55 6.16 6.18 7.81 6.04 6.27 6.21 7.43 5.87 7.04 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Mar`22 Jun
Slide 21: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios Quarterly Return on Assets (%) Return on Equity (%) 1.30 1.32 26.32 24.41 0.92 0.81 18.32 0.65 16.75 0.60 0.53 13.49 13.96 0.41 11.45 9.91 Jun`21 Sept`21 Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Mar`23
Slide 22: Assets & Liabilities – An Overview
Major Highlights Business Financial Asset Quality Capital Performance Performance Assets & Liabilities – An Overview ( ₹ In Crore ) Assets Mar`19 Mar`20 Mar`21 Mar`22 Mar`23 Cash & Balance with RBI 7,920 10,354 12,882 19,722 18,508 Balances with Bank & Call Money 1,235 93 59 194 21 Total Investments
Slide 23: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Financial Asset Quality Capital Performance Performance Credit Portfolio – Balanced Loan Growth ( ₹ In Crore ) Growth RETAIL CREDIT Particulars Mar`22 Dec`22 Mar`23 (Y-o-Y) % Particulars Mar`22 Dec`22 Mar`23 Growth (Y-o-Y) % Gross Advances 1,35,240 1,56,962 1,75,120 29.49 T
Slide 24: Funded exposure to selected sectors & industries
Major Highlights Business Financial Asset Capital Performance Performance Quality Funded exposure to selected sectors & industries with total exposure (more than 1%) – Mar` 23 Chemicals & Chemical Products 1.09% Vehicle Loans 1.16% All Engineering 1.21% Top 3 selected sectors are Education 1.28% Agr
Slide 25: External Rating-wise Advances – Above 25 Cr
Major Highlights Business Financial Asset Capital Performance Performance Quality External Rating-wise Advances – Above 25 Cr ( ₹ In Crore ) Mar`22 Dec`22 Mar`23 Particulars No. of % of O/s No. of % of O/s No. of % of O/s O/s Amount O/s Amount O/s Amount Borrowers Amount Borrowers Amount Borrowers A
Slide 26: Improved Asset Quality
Major Highlights Business Financial Asset Capital Performance Performance Quality Improved Asset Quality ( ₹ In Crore ) Mar`22 Jun`22 Sep`22` Dec`22 Mar`23 Particulars % of Gross % of Gross % of Gross % of Gross % of Gross Amount Amount Adv. Adv. Amount Adv. Amount Adv. Amount Adv. Standard 1,29,913
Slide 27: Gross & Net NPA and Provision Coverage Ratio
Major Highlights Business Financial Asset Capital Performance Performance Quality Gross & Net NPA (%) Provisions Coverage Ratio (%) 98.28 97.18 10.93 95.04 96.06 93.77 94.79 92.38 89.86 90.7 90.44 89.55 8.81 87.15 85.62 84.95 7.69 7.23 6.35 80.76 5.56 76.43 76.86 4.73 75.04 4.10 3.94 3.74 3.30 3.40
Slide 28: Movement of NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Movement of NPA ( ₹ In Crore ) Last 5 Quarters Year Ended Particulars Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Mar`19 Mar`20 Mar`21 Mar`22 Mar`23 Opening Level of Gross NPAs 6,105 5,327 5,260 5,039 4,612 18,433 15,324 12,15
Slide 29: Sector-wise Credit Deployment & NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Sector-wise Credit Deployment & NPA ( ₹ In Crore ) Mar`22 Dec`22 Mar`23 Particulars Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Retail Sector 35,422 352 0.99 40,31
Slide 30: Retail Sector and MSME Sector NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ In Crore ) Mar`22 Dec`22 Mar`23 Retail Sector NPA % Particulars Sector Sector Sector Sector Sector Advances Sector NPA Advances Advances NPA % NPA NPA % NPA % NPA % 0.99 0.94 Total Retail Credit
Slide 31: Restructuring of Advances
Major Highlights Business Financial Asset Capital Performance Performance Quality Restructuring of Advances ( ₹ In Crore ) Sector-wise COVID Restructuring under RP 1.0 as on 31.03.2023 RP Invoked RP Implemented Balance (as on 31.03.22) RP Implemented Balance (as on 31.12.22) RP Implemented Balance (
Slide 32: Capital Adequacy
Business Financial Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) 21 Bank has raised 18.14 Rs. 710 Crore, 17.53 Tier-1 Bond from 18 16.48 16.71 16.15 the market during 14.49 14.46 14.67 14.85 Sept`22 quarter. 15 14.25 13.52 13.47 12.89 12.38 12.16 11.86 12 11.38
Slide 33: Equity Holding & Ratios
Business Financial Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Yearly Mutual funds/ Domestic Particulars Mar`19 Mar`20 Mar`21 Mar`22 Mar`23 Companies, 0.25% Individuals, UTI, 0.23% 5.05% FIIs, NRIs and No. of Shares (in crore) 572.41 582.41 656.02 673.05
Slide 34: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints ATM Card Base (Mio.) UPI/BHIM Users (Mio) 2.49 2.53 2.56 2.45 13.38 13.20 13.04 12.65 1.72 12.26 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 Mar`22 Jun`22 Sept`22 Dec`22 Mar`23 ATMs (Actua
Slide 35: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints Digital transaction (%) Internet Banking Users (Lakhs) QR Merchant Onboarding (Lakhs) 24.13 10.91 96.92 10.48 22.96 10.14 96.66 21.73 96.38 96.34 20.30 95.98 19.30 5.58 4.34 Mar`22
Slide 36: Financial Inclusion
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of Enrolled cases under Pradhan Mantri Suraksha Bima Yojana 74.1 47.30 40.6 42.2 72.7 37.9 38.6 71.6 71.8 70.5 Mar`22 Jun`22 Sept`22 Dec`22 Ma
Slide 37: Expanding Footprints
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Bank has been continuously expanding its presence PAN India. No. of Branches Category Mar`19 Mar`20 Mar`21 Mar`22 Mar`23 Metro 466 458 471 488 518 Urban 325 331 372 412 477 Semi Urban 426 428 461 511
Slide 38: ESG Initiatives – Maha Pehal
Digital Banking Financial Expanding ESG Products, Services & Inclusion Footprints Initiatives Awards MAHA Environmental, Social &GREEN PEHAL Governance (ESG) Initiatives (AN ESG INITIATIVE) GREEN FINANCE GREEN TREE E-WASTE ENERGY PALANTATION MANAGEMENT > Bank has introduced a product Mahabank > 8,56
Slide 39: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 38 www.bankofmaharashtra.in /mahabank
Slide 40: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards Best Mid Sized Indian National MSME Awards Award for Outstanding Bank Award 2022 by 2022 performance Business Today at the hands of Hon'ble in SHG credit linkage at the hands of Hon'ble Prime Ministe
Slide 41: Thank You
THANK YOU www.bankofmaharashtra.in /mahabank
Bank of Maharashtra — Q4 FY2023 Earnings Presentation on 6ix