Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2023 Earnings Presentation
39 slides from Bank Of Maharashtra's earnings presentation, Jan 16, 2023
Slide 1: Stock exchange cover letter: Investor Presentation
AX1/ISD/STEX/2022-23 Date: 16th January, 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 -
Slide 2: Financial Results for Quarter/Nine Months Ended Dec 31, 2022
(a= G2 Amrit Mahotsav FINANCIAL RESULI'S For Quarter/Nine Months Ended Dec 31* 2022 www.bankofmaharashtra.in @0000 O/mahabank
Slide 3: Contents
Contents Page 1. Major Highlights 3 2. Business Performance 4-7 3. Financial Performance 8 - 21 4 Asset Quality 22 - 28 5. Capital 29 - 30 6. Digital Banking 31 - 32 7. Financial Inclusion 33 8. Expanding Footprints 34 9. Other Information 35 - 37 2 www.bankofmaharashtra.in /mahabank
Slide 4: Major Highlights
Major Business Financial Asset Quality Capital Highlights Performance Performance (Q: Dec` 22 vis-à-vis Q: Dec` 21) (Y-o-Y) Total Business Total Deposits Gross Advances CRAR Increased by Increased by Increased by 15.77 % 11.69% 21.67% 17.53 (14.85) Operating Profit Net Profit NIM % Return on Asset I
Slide 5: Business Performance: Total Business
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ In Crore ) Total BUSINESS 16.33 % (Y-o-Y) (%) 4,00,000 78 3,65,398 3,37,534 3,36,470 3,44,065 3,50,000 76 3,15,620 75.68 75.30 3,00,000 74 2,50,000 72 71.75 2,00,000 70 69.13 1,50,000 68 1,00,000 66.85 66 50,000 64
Slide 6: Business Performance: CASA Deposit
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ In Crore ) CASA DEPOSIT 6.52 % (Y-o-Y) (%) 1,17,035 120000 59 1,09,857 1,10,205 1,09,430 1,02,732 58 100000 57 56 80000 55 60000 54 53 40000 52 51 20000 50 0 49 Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Current Deposits
Slide 7: Business Performance: Gross Advances
Major Highlights Business Financial Asset Quality Capital Performance Performance Gross Advances 21.67 % (Y-o-Y) ( ₹ In Crore ) 1,56,962 1,60,000 1,48,216 1,40,561 1,40,000 1,35,240 1,29,006 1,20,000 1,00,000 80,000 60,000 40,000 20,000 - Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Corporate 53,080 54,570 5
Slide 8: Investments
Major Highlights Business Financial Asset Quality Capital Performance Performance Investments 80,000 (Quarterly) M Duration (AFS+HFT) (Quarterly) ( ₹ In Crore ) 74,329 72,328 70,731 2.00 69,093 68,116 70,000 60,000 1.80 1.75 50,000 40,000 1.63 1.60 30,000 20,000 1.40 1.40 1.34 10,000 1.29 1.20 - Dec
Slide 9: Financial Performance: Operating Profit and Net Profit
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ In Crore ) Operating Profit (Quarterly) ( ₹ In Crore ) (Quarterly) Net Profit 35.94 % (Y-o-Y) 138.76 % (Y-o-Y) 2,000 1,000 1,580 775 1,600 1,462 800 1,162 1,179 1,202 1,200 600 535 452 800 400 325 355 400 200 - - D
Slide 10: Net Interest Income and NIM
Major Highlights Business Financial Asset Quality Capital Performance Performance Net Interest Income (Quarterly) (%) (Quarterly) ( ₹ In Crore ) NIM % 2,300 3.8 1,980 3.60 3.55 2,000 1,887 3.6 1,686 1,700 1,612 3.4 1,500 1,527 3.27 3.28 1,383 1,406 3.17 1,400 3.2 3.11 3.11 3.05 1,100 3.0 800 2.8 Mar
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 Nine Months Ended Year Ended Particulars Dec`21 Sep`22 Dec`22 Y-o-Y (%) Dec`21 Dec`22 Y-o-Y (%) Mar`22 Total Income 3,893 4,317 4,770 23 11,723 12,861 10
Slide 12: Interest Earnings
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Earnings 25.81 % (Y-o-Y) (Quarterly) (Nine Months Ended) ( ₹ In Crore ) 4,800 ( ₹ In Crore ) 12,000 11,403 4,129 4,000 3,815 10,000 9,593 3,426 3,457 8,689 8,771 3,282 3,200 8,000 2,400 6,000 1,600 4,000 800 2
Slide 13: Non-Interest Income
Major Highlights Business Financial Asset Quality Capital Performance Performance Non-Interest Income ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Y-o-Y % Dec`21 Sep`22` Dec`22 Dec`21 Dec`22 Comm. from Advances 131 134 129 (1) 364 369 Other Commissions 174 172 210 21 497 558 Fee Based
Slide 14: Interest Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Interest Expenses ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) (Nine Months Ended) 2,400 7,000 2,149 5,849 6,000 2,000 1,928 5,433 1,814 5,256 5,161 1,755 1,772 5,000 1,600 4,000 1,200 3,000 800 2,000 400 1,000 - - Dec`21
Slide 15: Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Operating Expenses ( ₹ In Crore ) (Quarterly) ( ₹ In Crore ) (Nine Months Ended) 3,500 1,200 1,040 3,000 2,894 976 2,768 1,000 955 927 2,486 2,500 801 2,262 800 2,000 600 1,500 400 1,000 200 500 - - Dec`21 Mar`22 Jun`2
Slide 16: Other Operating Expenses
Major Highlights Business Financial Asset Quality Capital Performance Performance Other Operating Expenses ( ₹ In Crore ) Quarter Ended Nine Months Ended Year Ended Particulars Dec`21 Sep`22` Dec`22 Dec`21 Dec`22 Mar`22 Rent, taxes, lighting 57 63 60 169 182 228 Printing & Stationery 6 6 3 16 14 22
Slide 17: Provisions & Contingencies
Major Highlights Business Financial Asset Quality Capital Performance Performance Provisions & Contingencies ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`21 Sep`22` Dec`22 Dec`21 Dec`22 Prov for Non Performing Assets 587 532 539 2,010 1,708 Prov for Standard/Restructured Assets 141
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 (%) 4.2 3.8 49 3.61 45.63 4.0 3.6 46 44.76 3.81 3.8 3.69 3.4 3.32 3.31 43 3.27 3.61 3.18 39.99 39.69 3.54 38.82 3.6 3.46 3.2 40 3.4 3
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 (%) 9.0 7.2 6.6 6.94 8.5 8.28 6.9 6.4 6.55 6.20 6.16 6.18 8.0 7.81 6.6 6.2 6.04 7.43 6.27 6.21 7.33 7.5 6.3 6.12 6.0 5.87 7.0
Slide 20: Financial Performance: ROA, ROE, EPS, Book Value
Major Highlights Business Financial Asset Quality Capital Performance Performance (Quarterly) (Quarterly) Return on Assets (%) Return on Equity (%) 1.5 1.30 30 24.41 1.2 24 0.92 18.32 0.81 16.75 0.9 18 13.96 0.65 13.49 0.60 11.45 0.53 9.91 0.6 0.41 12 8.24 0.35 0.3 6 0.0 0 Mar`21 Jun`21 Sept`21 Dec`
Slide 21: Assets & Liabilities – An Overview
Major Highlights Business Financial Asset Quality Capital Performance Performance ( ₹ In Crore ) Assets & Liabilities – An Overview As on Assets Dec`21 Sep`22` Dec`22 Mar`22 Cash & Balance with RBI 13,969 14,483 17,862 19,722 Balances with Bank & Call Money 110 29 51 194 Total Investments (Net of De
Slide 22: Credit Portfolio – Balanced Loan Growth
Major Highlights Business Financial Asset Quality Capital Performance Performance Credit Portfolio – Balanced Loan Growth ( ₹ In Crore ) a Dec`21 Sep`22 Dec`22 Growth (Y-o-Y) % RETAIL CREDIT Gross Advances 1,29,006 1,48,216 1,56,962 21.67 Particulars Dec`21 Sep`22` Dec`22 Growth (Y-o-Y) % Total Reta
Slide 23: Asset Quality: Gross & Net NPA, Provision Coverage
Major Highlights Business Financial Asset Capital Performance Performance Quality Gross & Net NPA (%) Provisions Coverage Ratio (%) 8 7.23 100 97.18 95.04 96.06 93.77 94.79 7 6.35 95 92.38 89.86 90.7 6 5.56 90 4.73 84.95 5 85 3.94 80.76 3.74 4 3.40 80 76.86 76.43 2.94 75.04 3 2.48 75 2.22 70.50 1.73
Slide 24: Improved Asset Quality backed by High PCR
Major Highlights Business Financial Asset Capital Performance Performance Quality Improved Asset Quality backed by High PCR ( ₹ In Crore ) Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Particulars % to Total % to Total % to Total % to Total % to Total Amount Amount Advance Advance Amount Advance Amount Advanc
Slide 25: Sector-wise Credit Deployment & NPA; Movement of NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Sector-wise Credit Deployment & NPA ( ₹ In Crore ) Movement of NPA ( ₹ In Crore ) Dec`21 Sep`22 Dec`22 Particulars Sector Sector Sector Sector Sector Sector Particulars Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Advances Adva
Slide 26: Retail and MSME Sector NPA
Major Highlights Business Financial Asset Capital Performance Performance Quality Retail Sector - NPA ( ₹ In Crore ) Dec`21 Sep`22 Dec`22 Retail Sector NPA % Particulars Sector Sector Sector Sector Sector Sector Advances Advances Advances 1.8 NPA NPA % NPA NPA % NPA % NPA % 1.5 1.31 Total Retail Cre
Slide 27: 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 ) Dec`21 Sep`22 Dec`22 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 28: 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%) – Dec` 22 Export Credit 1.19% Chemicals & Chemical Products 1.19% Housing Finance Companies (HFCs) 1.44% Top 3 selected sectors are Pe
Slide 29: 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 31.12.2022 RP Invoked RP Implemented (as on 31.12.21) RP Implemented (as on 30.09.22) RP Implemented (as on 31.12.22) % to res
Slide 30: Capital Adequacy (%)
Business Financial Major Highlights Performance Performance Asset Quality Capital Capital Adequacy (%) 21 Bank has raised Rs. 710 Crore, 17.53 Tier-1 Bond from 18 16.71 16.48 16.15 the market during Sept`22 quarter. 14.49 14.67 14.85 15 14.46 13.65 13.47 12.89 12.38 12.16 11.38 Bank has raised 12 10
Slide 31: Equity Holding (%) & Ratios
Business Financial Major Highlights Performance Performance Asset Quality Capital Equity Holding(%) & Ratios Quarterly Particulars Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Domestic Mutual funds/ UTI; Companies; 0.40% Individuals; 0.26% 4.94% No. of Shares (in crore) 673.05 673.05 673.05 673.05 673.05 Net
Slide 32: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints ATM Card Base (Mio.) UPI/BHIM Users (Mio) 14 3.0 13.04 13.20 2.53 2.45 2.49 13 12.65 2.5 12.26 12 11.69 2.0 1.72 1.62 11 1.5 10 1.0 9 0.5 Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Dec`21
Slide 33: Digital Footprints
Digital Financial Expanding ESG Initiatives Products, Services & Banking Inclusion Footprints Awards Digital Footprints Digital transaction (%) Internet Banking Users (Lakhs) QR Merchant Onboarding 98 25 22.96 (Lakhs) 21.73 20.3 15 97 96.66 21 19.30 96.38 96.34 18.30 95.98 12 10.14 10.48 96 95.56 17
Slide 34: Financial Inclusion (in Lakhs)
Digital Banking Financial Expanding ESG Initiatives Products, Services & Inclusion Footprints Awards Financial Inclusion (in Lakhs) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri 75 Suraksha Bima Yojana 74.1 42.2 74 43 40.6 40 37.9 38.6 73 72.7 71.8 37 72 71.6 33.4 34 71 70.6 31 7
Slide 35: 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 Dec`21 Mar`22 Jun`22 Sep`22` Dec`22 Metro 486 488 484 488 501 Urban 405 412 419 431 448 Semi Urban 502 511 521 54
Slide 36: Environmental, Social & Governance (ESG) Initiatives
Digital Banking Financial Expanding ESG Products, Services & Inclusion Footprints Initiatives Awards Environmental, Social & Governance (ESG) Initiatives 01 02 03 04 05 In an effort to support Bank has installed climate change , the Sustainable finance ROI for finance to Bank has formulated solar pa
Slide 37: Products, Services & Awards
Products, Financial Expanding Digital Banking Inclusion Footprints ESG Initiatives Services & Awards 36 www.bankofmaharashtra.in /mahabank
Slide 38: 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 39: Thank You
Bank of Maharashtra — Q3 FY2023 Earnings Presentation on 6ix