Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q2 FY2025 Earnings Presentation
41 slides from Bank Of Maharashtra's earnings presentation, Oct 15, 2024
Slide 1: Exchange filing cover letter for investor presentation
AX1/ISD/STEX/107/2024-25 Date: 15th October, 2024 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-4
Slide 2: For Quarter/Half-Year ended 30th September 2024
For Quarter/ Half-Year ended, 30th September 2024. www.bankofmaharashtra.in 1 /mahabank
Slide 3: Contents
Contents Page 1. Macro Economic Highlights 3 2. Major Highlights 4 3. Business Performance 5-7 4. Financial Performance 8 – 21 5 Asset Quality 22 - 27 6. Capital 28 - 29 7. Digital Banking 30 - 32 8. Financial Inclusion 33 9. Expanding Footprints 34 10. Other Information 35 - 37 2 www.bankofmaharash
Slide 4: Macro Economic Highlights
Macro Economic Highlights Positives FOREIGN EXCHANGE RESERVES (US $ Billions) * ❑ Real GDP has grown by 6.7% in Q1-FY 2023-24 led by a revival in private 705 consumption and improvement in investment. It is expected that real GDP 682 671 growth would be around 7.2 for FY 2024-25. 652 652 646 640 ❑ T
Slide 5: Major Highlights
Major Business Financial Asset Quality Capital Highlights Performance Performance (Y-o-Y) (Q: Sep` 24 vis-à-vis Q: Sep` 23) Net Profit Operating Profit NIM % Return on Assets Return on Equity Increased by Increased by 3.98 (3.89) 1.74 (1.37) 26.01 (23.25) 44.25% 14.66% Total Business Total Deposits
Slide 6: Business Performance: Total Business
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Business 16.90 % (Y-o-Y) ( ₹ in Crore ) (%) 6,00,000 100 4,93,793 5,00,000 4,74,411 4,76,447 90 4,34,404 4,22,420 4,00,000 80 3,00,000 70 2,00,000 60 1,00,000 50 - 40 Sept`23 Dec`23 Mar`24 Jun`24 Sept`24 Gross Ad
Slide 7: Business Performance: Total Deposit and Gross Advances
Major Highlights Business Financial Asset Quality Capital Performance Performance Total Deposit Gross Advances 15.46 % (Y-o-Y) 18.78 % (Y-o-Y) ( ₹ in Crore ) (%) ( ₹ in Crore ) (%) 3,00,000 100 2,50,000 100 2,70,747 2,76,289 2,67,416 2,17,504 2,09,031 2,03,664 2,45,734 2,39,298 1,88,670 2,00,000 1,8
Slide 8: Business Performance: Investments
Major Highlights Business Financial Asset Quality Capital Performance Performance Investments (Quarterly) ( ₹ in Crore ) 90,000 M Duration (Total) 76,687 78,129 80,000 3.8 3.74 70,490 3.8 67,006 68,593 70,000 3.67 3.7 3.64 3.7 3.61 60,000 3.59 3.6 50,000 3.6 3.5 40,000 Sept`23 Dec`23 Mar`24 Jun`24 S
Slide 9: Financial Performance: Profitability
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) Operating Profit 14.66 % (Y-o-Y) (Quarterly) ( ₹ in Crore ) Net Profit 44.25 % (Y-o-Y) (Quarterly) 2,500 2,294 1,400 1,293 1,327 2,210 2,202 1,218 1,920 2,012 1,200 2,000 1,855 1,863 1,036
Slide 10: Financial Performance: Profitability (NII and NIM)
Major Highlights Business Financial Asset Quality Capital Performance Performance Profitability ( ₹ in Crore ) (Quarterly) (Quarterly) Net Interest Income 15.41 % (Y-o-Y) NIM % 3,000 2,799 2,807 4.2 2,584 2,432 2,466 3.97 3.97 3.98 2,500 2,340 3.95 2,187 4.0 3.86 3.89 1,887 1,980 2,000 3.78 3.8 1,50
Slide 11: Statement of Income and Expenditure
Major Highlights Business Financial Asset Quality Capital Performance Performance Statement of Income and Expenditure ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`23 Jun`24 Sept`24 Y-o-Y (%) Sept`23 Sept`24 Y-o-Y (%) Mar`24 Total Income 5,736 6,769 6,809 19 11,153 13,578
Slide 12: Earnings
Major Highlights Business Financial Asset Quality Capital Performance Performance Earnings Interest Earnings 18.73 % (Y-o-Y) (Quarterly) ( ₹ in Crore ) Interest Earnings 20.65 % (Y-o-Y) (Half Yearly) ( ₹ in Crore ) 7,000 14,000 6,017 11,892 5,875 6,000 12,000 5,467 5,068 5,171 9,857 5,000 4,789 10,0
Slide 13: Non-Interest Income
Major Highlights Business Financial Asset Quality Capital Performance Performance Non-Interest Income ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`23 Jun`24 Sept`24 Y-o-Y (%) Sept`23 Sept`24 Y-o-Y (%) Mar`24 Comm. from Advances 175 180 232 33 325 413 27 769 Other Commissi
Slide 14: Expenditure: Interest Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Expenditure Interest Expenses 21.80 % (Y-o-Y) (Quarterly) Interest Expenses 23.63 % (Y-o-Y) (Half Yearly) ( ₹ in Crore ) 3,500 ( ₹ in Crore ) 3,211 7,000 3,076 6,286 3,000 2,882 2,706 6,000 2,636 2,449 5,085 2,500 2,30
Slide 15: Expenditure: Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Expenditure Operating Expenses 18.44 % (Y-o-Y) (Quarterly) ( ₹ in Crore ) Operating Expenses 22.36 % (Y-o-Y) (Half Yearly) ( ₹ in Crore ) 1,600 3000 2,795 1,396 1,399 1,397 1,400 2500 1,154 1,179 2,285 1,200 1,134 1,10
Slide 16: Other Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`23 Jun`24 Sept`24 Y-o-Y (%) Sept`23 Sept`24 Y-o-Y (%) Mar`24 Rent, Taxes & Lighting 70 75 79 12 135 154 14 280 Printing
Slide 17: Provisions & Contingencies
Major Highlights Business Financial Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ in Crore ) Quarter Ended Half-Year ended Year Ended Particulars Sept`23 Jun`24 Sept`24 Sept`23 Sept`24 Mar`24 Provision for Non Performing 597 586 598 1,137 1,185 2,174 Assets Provision f
Slide 18: 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 (%) 4.56 4.66 4.20 39.69 4.43 4.48 3.93 4.05 4.09 4.09 38.82 38.81 4.29 3.70 38.34 38.72 3.95 4.06 3.61 3.62 38.04 37.87 3.81 3.31
Slide 19: 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 (%) 7.81 7.87 6.99 9.14 9.21 7.75 7.76 9.01 6.86 8.93 8.96 7.56 8.62 6.57 6.58 8.49 7.24 6.37 6.36 6.34 8.28 7.05 6.18 6.94
Slide 20: Key Financial Ratios
Major Highlights Business Financial Asset Quality Capital Performance Performance Key Financial Ratios (Quarterly) Return on Assets (%) Return on Equity (%) 1.73 1.72 1.74 28.35 27.62 26.32 26.01 1.55 24.41 23.73 24.51 1.37 23.25 1.30 1.32 1.33 18.32 0.92 Sept`22 Dec`22 Mar`23 Jun`23 Sept`23 Dec`23
Slide 21: Assets & Liabilities – An Overview
Major Highlights Business Financial Asset Quality Capital Performance Performance Assets & Liabilities – An Overview ( ₹ in Crore ) Assets Sept`23 Mar`24 Jun`24 Sept`24 Cash & Balance with RBI 14,221 21,161 14,350 16,574 Balances with Bank & Call Money 543 9,150 142 22 Total Investments (Net of Depr
Slide 22: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ in Crore ) Credit Portfolio – Balanced Loan Growth ( ₹ in Crore ) Growth RETAIL CREDIT Particulars Sept`23 Jun`24 Sept`24 (Y-o-Y) % Particulars Sept`23 Jun`24 Sept`24 Growth (Y-o-Y) % Gross Advances 1,83,122 2,09,0
Slide 23: 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%) – Sept`24 Iron & Steel 1.20% Top 3 selected sectors are Vehicle Loans 1.30% Infrastructure, Agriculture & Loans against gold jewellery
Slide 24: 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 ) Sept`23 Jun`24 Sept`24 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
Slide 25: Asset Quality
Major Highlights Business Financial Asset Capital Performance Performance Quality Asset Quality ( ₹ in Crore ) Sept`23 Dec`23 Mar`24 Jun`24 Sept`24 Particulars Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Standard 1,79,105 97.81 1
Slide 26: Gross & Net NPA and Provision Coverage Ratio
Major Highlights Business Financial Asset Capital Performance Performance Quality Gross & Net NPA (%) Provisions Coverage Ratio (%) 3.40 2.94 97.18 98.28 98.37 98.40 98.40 98.34 98.36 98.31 96.06 2.47 2.28 2.19 2.04 1.88 1.85 1.84 90.44 90.20 90.30 90.05 89.88 89.84 89.74 0.68 84.95 0.47 0.25 0.24 0
Slide 27: Movement of NPA and Sector-wise Credit Deployment
Major Highlights Business Financial Asset Capital Performance Performance Quality Movement of NPA ( ₹ in Crore ) Sector-wise Credit Deployment & NPA ( ₹ in Crore ) Last 5 Quarters Sept`23 Jun`24 Sept`24 Particulars Particulars Sector Sector Sector Sector Sector Sector Sept`23 Dec`23 Mar`24 Jun`24 Se
Slide 28: Retail and MSME Sector NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ in Crore ) Sept`23 Jun`24 Sept`24 Particulars Retail Sector NPA % Sector Sector Sector Sector Sector Advances Sector NPA Advances Advances 0.88 NPA % NPA NPA % NPA NPA % 0.72 Total Retail Credit
Slide 29: Capital Adequacy
Business Financial Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) Capital Adequacy (%) Particulars Sept`23 Jun`24 Sept`24 RWA for Credit Risk 1,03,825 1,30,874 1,35,729 18.14 18.07 17.53 17.61 17.38 17.26 16.71 16.85 17.04 RWA for Market Risk 6,057 426 858 14.25
Slide 30: Shareholding Pattern and Equity Ratios
Business Financial Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Shareholding Pattern Particulars Sept`23 Dec`23 Mar`24 Jun`24 Sept`24 Domestic Individuals; Companies; 0.38% 7.24% Mutual funds/ No. of Shares (in crore) 708.14 708.14 708.14 708.14
Slide 31: New Initiatives in Digital Banking
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards New Initiatives in Digital Banking Digital Sanctions WhatsApp Banking GST Credit Scheme Mobile Banking • Generate CIF based Consolidated •Need based Credit Scheme upto Rs. 25 lakhs for regular GST pa
Slide 32: New Initiatives in Information Technology
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards New Initiatives in Information Technology To enhance Core Technology Infra • Bank is doing augmentation for Private Cloud ‘NAKSHTRA 2.0’ to upgrade technology infrastructure at Data Center to provide
Slide 33: Digital Footprints
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards Digital Footprints Digital transaction (%) UPI/BHIM Users (Mio) Whats App Onboarding (Mio.) 3.11 1.34 98.30 98.39 2.90 2.93 1.11 0.96 97.66 97.55 2.61 0.75 2.58 0.65 97.27 Sept`23 Dec`23 Mar`24 Jun`2
Slide 34: Financial Inclusion
Financial Products, Expanding Digital Banking ESG Initiatives Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 80.74 65.66 78.79 78.08 65.36 77.23 65.22 64.95 74.41 64.68 Sept`23 Dec`23 Mar`24
Slide 35: Expanding Footprints
Expanding Products, Financial Digital Banking ESG Initiatives Services & Inclusion Footprints Awards No. of Branches Category Sept`23 Dec`23 Mar`24 Jun`24 Sept`24 Metro 563 586 611 614 619 Urban 508 522 548 549 553 Semi Urban 661 684 720 725 727 Rural 609 609 610 611 609 Total Branches 2,341 2,401 2
Slide 36: ESG Initiatives
Products, Digital Banking Financial Expanding ESG Services & Inclusion Footprints Initiatives Awards Maha Green Pehal Green Finance E-Waste Tree Plantation •Dedicated Climate Risk •Finance of 2549 Crores to Green •E-waste collected ~142417 KGS; •Total 11411 trees have been Management Policy Energy S
Slide 37: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 36 36 www.bankofmaharashtra.in /mahabank
Slide 38: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards Finnoviti Innovation Bank of Maharashtra, has IBEX Award for Best Use Award for Robotics been honored with the in Technology under Process Automation prestigious 'Best CFO in PSU category at IBEX und
Slide 39: Notes
Notes 38 www.bankofmaharashtra.in /mahabank
Slide 40: Notes
Notes 39 www.bankofmaharashtra.in /mahabank
Slide 41: www.bankofmaharashtra.in /mahabank
40 www.bankofmaharashtra.in /mahabank
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