Idbi Bank Limited · NSE:IDBI
Idbi Bank — FY2021 Earnings Presentation
46 slides from Idbi Bank's earnings presentation, May 3, 2021
Slide 1: Cover letter to stock exchanges
cf-1 6 IDBI Bank Limited ridrTa. : Writ-4134 Ick, Regd. Office : IDBI Tower, oid-Lc)od, oit, Qs, VVTC Complex, Cuffe Parade, CIN: L65190MH2004G01148838 - 400 005. Mumbai - 400 005. : (+91 22) 6655 3355, 2218 9111 TEL.: (+91 22) 6655 3355, 2218 9111 : (+91 22) 2218 0411 FAX : (+91 22) 2218 0411 aaTIT
Slide 2: Investors Presentation Financial Results FY 2020-21
INVESTORS PRESENTATION FINANCIAL RESULTS FY 2020-21 May 03 , 2021 Page 1
Slide 3: Content
Content 1 Highlights 2 Financial Performance 3 Business Performance 4 Treasury Operations 5 Asset Quality 6 Capital 7 Prompt Corrective Action Matrix 8 Digital Banking and Financial Inclusion 9 Subsidiaries 10 Way Forward Page 2
Slide 4: Highlights
Highlights Page 3
Slide 5: Major Highlights for FY 2021 – Continued Balance Sheet Strengthening
Major Highlights for FY 2021 – Continued Balance Sheet Strengthening Capital Bank back in black after 5 years, on annual basis RWA - Rs.157471cr CRAR – 15.59% 1% YoY reduction Tier 1 – 13.06% RBI takes IDBI out of PCA framework on March 10, 2021, which was imposed in May 2017 Bank stands complied wi
Slide 6: Key Metrics for Q4 FY 2021
Key Metrics for Q4 FY 2021 Profitability - Strong operating momentum PAT at Rs.512 crore, up by 278% YoY and 35% QoQ PBT at Rs.423 crore, up by 46% YoY Operating Profit at Rs.2879 crore, up by 54% YoY and 76% QoQ NII at Rs.3240 crore, grew by 38% YoY and 79% QoQ NIM for Q4 FY 21 at 5.14%,
Slide 7: Key Metrics for Q4 FY 2021 (contd.)
Key Metrics for Q4 FY 2021 (contd.) Asset Quality - Improving Trend Net NPA at 1.97%, improved by 222 bps YoY Net NPA improved by 78 bps against proforma Net NPA of 2.75% (as on Dec 31, 2020) GNPA at 22.37%, improved by 516 bps YoY and by 115 bps QoQ GNPA improved by 196 bps against proforma
Slide 8: Financial Performance
Financial Performance Page 7
Slide 9: Profitability
Profitability (Rs.Crore) 884 873 (191) (76) (146) (245) 512 278% 135 +38% -11% -21% -9% +55% -158% PAT Q4 FY20 Net Interest Income Other Income Employee Cost Other Op. Cost Prov. & Contg. Tax PAT Q4 FY21 (Excl. Tax) 1540 155 (155) (129) (2910) (9357) 1359 Loss to Profit (12887) +22% +3% -5% -4% -66%
Slide 10: Profit & Loss
Profit & Loss (Rs.Crore) Quarter ended Variance FY Ended Variance Particulars Mar-20 Dec-20 Mar-21 YoY% QoQ% Mar-20 Mar-21 Interest Income 5598 4564 5782 3 27 20825 19932 (4) Interest Expenses 3242 2754 2542 (22) (8) 13847 11414 (18) Net Interest Income 2356 1810 3240 38 79 6978 8518 22 Other Income
Slide 11: Interest Income & Interest Expense
Interest Income & Interest Expense (Rs.Crore) Quarter ended Variance FY Ended ` Variance Mar-20 Dec-20 Mar-21 YoY% QoQ% Mar-20 Mar-21 Interest Income Interest on Advances 3453 2916 2902 (16) - 13093 11821 (10) Interest on Invest. 1553 1430 1376 (11) (4) 6234 5805 (7) including bal. with RBI & Other
Slide 12: Provisions & Contingencies
Provisions & Contingencies (Rs.Crore) Quarter ended Variance FY Ended Particulars Variance Mar-20 Dec-20 Mar-21 YoY QoQ Mar-20 Mar-21 Depreciation on Investment 20 (105) 972 952 1077 1697 2078 381 Provision – NPAs (1511) 49 (1120) 391 (1168) 9483 (2571) (12054) Provision – Standard Assets 342 624 70
Slide 13: Yield Ratios (cumulative)
Yield Ratios (cumulative) Yield on Advances NIM 3.38% 9.56% 2.81% 2.79% 9.56% 9.54% 2.76% 9.53% 2.61% 9.49% FY 20 June 20 Sep 20 Dec 20 FY 21 FY 20 June 20 Sep 20 Dec 20 FY 21 Cost To Net Income 55.35% 53.60% 52.25% 51.71% 46.05% FY 20 June 20 Sep 20 Dec 20 FY 21 Page 12
Slide 14: Yield Ratios (cumulative)
Yield Ratios (cumulative) Cost of Deposits 5.08% 4.65% 4.53% 4.41% 4.29% FY 20 June 20 Sep 20 Dec 20 FY 21 Cost of Funds 5.44% 4.96% 4.84% 4.69% 4.56% FY 20 June 20 Sep 20 Dec 20 FY 21 Page 13
Slide 15: Business Performance
Business Performance Page 14
Slide 16: Balance Sheet
Balance Sheet (Rs.Crore) As at Mar-20 Dec-20 Mar-21 LIABILITIES Capital 10381 10752 10752 Reserve & Surplus 23644 25545 26059 Deposits 222424 224399 230898 Borrowings 36749 30647 15908 Other Liabilities & Provisions 6730 11331 14147 Total 299928 302674 297764 ASSETS Cash & Balance with RBI 10539 906
Slide 17: Business Performance
Business Performance Total Deposit CASA 4% YoY CASA Deposits 50.45% 230898 CASA Share 3% QoQ 48.97% 224399 47.74% 116491 222424 109880 106188 Mar-20 Dec-20 Mar-21 Mar-20 Dec-20 Mar-21 Deposit Mix Deposit Mix Current Deposits to Total Deposits % 26821 17.35% 17.58% 7% QoQ 28774 32% YoY 18.22% SB Depo
Slide 18: Business Performance: Saving, Current, Retail and Bulk Deposits
Business Performance Saving Deposits Retail Deposits 16% YoY 14% YoY 7% QoQ 2% QoQ 75891 87586 85746 70952 65658 76993 Mar-20 Dec-20 Mar-21 Mar-20 Dec-20 Mar-21 Current Deposits Bulk Deposits 0.17% YoY 32% YoY 4% QoQ 7% QoQ 40530 40601 39243 28774 26821 38927 Mar-20 Dec-20 Mar-21 Mar-20 Dec-20 Mar-2
Slide 19: Business Performance and Advances
Business Performance and Advances Retail Advances Agri Advances MSME Advances Corporate Housing Loan Loan Against Property Auto Loan Education Loan Personal Loan 606 582 561 1073 1058 1013 1954 1869 1868 44% 40% 38% 12712 12818 12789 8% 8% 7% 10% 12% 12% 42794 42795 44525 39% 40% 42% Mar-20 Dec-20 M
Slide 20: Priority Sector
Priority Sector (Rs.Crore) Mar 20 Dec 20 Mar 21 Growth over Particulars Amount % of ANBC Amount % of ANBC Amount % of ANBC March-20 1 2 3 4 5 6 7 (8)=[(6)-(2)] ANBC 186090 164885 169317 Priority Sector Advances (a+b+c) 77586 41.69 69525 42.17 69334 40.95 (8252) (a) Agriculture (i+ii+iii+iv) 30912 16
Slide 21: Treasury Operations
Treasury Operations | @)IDBI BANK] Page 20
Slide 22: Investments
Investments (Rs.Crore) AFS BREAKUP Category Mar-20 Dec-20 Mar-21 2400 HTM 57059 55519 57172 1227 843 AFS 24607 26736 23151 HFT 114 528 700 Total 81780 82783 81023 Government securities 18681 Shares (Equity& Preference) Debentures/ Bonds Modified Duration of AFS Portfolio CPs/CDs/MF/VCF/PTC'S,Securit
Slide 23: Asset Quality
Asset Quality | @)IDBI BANK] 2x22
Slide 24: COVID-19 – Provision Details
COVID -19 – Provision Details (Rs.Crore) Particulars Mar-21 In QE ended March 2020 247 In QE ended June 2020 116 COVID Second Wave 500 Total COVID 19 Provision held 863 Page 23
Slide 25: Asset Quality
Asset Quality PCR improved from 93.74% (Mar 2020) to 96.90% ( Mar 2021) (Rs.Crore) Particulars Mar-20 Jun-20 Sep-20 Dec-20 @ Mar-21 Gross Advances 171690 165890 163841 159663 161901 Gross NPAs 47272 44475 41091 37559 36212 Gross NPAs as % of Gross Advances 27.53 26.81 25.08 23.52 22.37 Total Provisi
Slide 26: NPA Movement
NPA Movement (Rs.Crore) DESCRIPTION Q4 FY 20 FY 20 Q1 FY 21 Q2 FY 21 Q3 FY 21 Q4 FY 21 FY 21 Opening Balance 49503 50028 47272 44475 41091 37559 47272 Add: a. First Time NPA 727 8384 69 32 - #2281 2382 b. Increase in existing NPA 531 2638 62 79 35 74 250 Less: c. Settled 1457 6556 1288 1261 736 1233
Slide 27: NCLT – Summary
NCLT – Summary (Rs.Crore) NCLT Admitted PCR % DA 3 and Loss DA 2, DA 1 & SSA TWO 44652 100% 100% 99.98% 28789 27,031 99.96% 5370 9,415 8,206 10493 RBI List 1 RBI List 2 Others Total RBI List 1 RBI List 2 Others Total Asset Class of NCLT Cases Filed But Not Admitted PCR% Filed By 16940 16940 100% 151
Slide 28: SMA Position
SMA Position (Rs.Crore) 8441 SMA 0 SMA 1 SMA 2 7860 6742 6385 5971 5326 3715 3191 3033 3084 2956 2555 2348 2298 2466 1535 1709 1542 1621 1229 1012 922 530 493 Feb-20 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Corporate Retail 5735 5826 4038 5413 5146 2317 2706 1933 2034 767 1329 1239 Feb-20 Mar-20 Jun-20 Se
Slide 29: Capital
Capital ! @) IDBI BaNk |
Slide 30: Capital Adequacy
Capital Adequacy (Rs.Crore) Particulars Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 CET 1+CCB (Rs.) 16736 17051 17403 19444 20572 AT 1 (Rs.) 49 - - - - Tier 1 Capital (Rs.) 16785 17051 17403 19444 20572 Tier 2 Capital (Rs.) 4344 4470 4106 4051 3981 Total Capital (Rs.) 21128 21521 21509 23495 24553 RWA (Rs.)
Slide 31: Shareholding Pattern
Shareholding Pattern (Rs.Crore) Mar 2020 Mar 2021 0.17% 1.72% 1.65% 3.63% 47.11% 45.48% 51.00% 49.24% LIC GOI FI/FPI/Banks/MF/Insurance Others LIC GOI FI/FPI/Banks/MF/Insurance Others Particulars Mar-20 Mar-21 Book Value (Rs. per share) Rs.26.51 Rs.28.39 Market Capitalisation Rs.20,035 Cr Rs.41,451
Slide 32: Prompt Corrective Action
Prompt Corrective Action Page 31
Slide 33: Compliance with Prompt Corrective Action (PCA) Matrix
Compliance with Prompt Corrective Action (PCA) Matrix RBI takes IDBI out of PCA framework on March 10, 2021, which was imposed in May 2017 Bank stands complied with all parameters of PCA framework Risk IDBI-Actual Criteria Indicator Threshold 1 (T1) Threshold 2 (T2) Threshold 3 (T3) Mar-18 Mar-19 Ma
Slide 34: Digital Banking & Financial Inclusion
Digital Banking & Financial Inclusion Page 33
Slide 35: Branches and Offices as on Mar 31, 2021
Branches and Offices as on Mar 31, 2021 Rural 76 426 Semi Urban 464 Urban 2 Metro 210 61 DIFC & GIFT City RAC/RAO 585 38 409 Regional Offices 12 12 CPC 11 CPU/CCU/CMS/RPU Zonal Office ZTC / Head Training Center Page 34
Slide 36: Digital Footprint
Digital Footprint Customer Induced Financial Transaction Analysis UPI FY 2019-20 FY 2020-21 ATM Cash withdrawl 2.19% Branch Manual Transactions 1.10% 0.50% 3.73% Debit Card 4.03% 1.92% 4.84% Branch Initiated Digital Transactions 7.84% Internet Banking 30.56% 5.81% NACH 7.01% 91% customer 87% custome
Slide 37: Digital Footprint for Q4 FY 2021
Digital Footprint for Q4 FY 2021 Internet Banking Users (In Lakhs) BHIM UPI User (In Lakhs) Mobile Banking Users(In Lakhs) 121.54 40.80 35.13 29.67 112.46 30.40 Mar-20 Mar-21 Mar-20 Mar-21 Mar-20 Mar-21 Debit Cards (In Lakhs) Merchant Base (in lakhs) Processed 5.24 crore transactions at Ecom/ POS in
Slide 38: Digital Footprint: Payment Acceptance Channels
Digital Footprint Payment Acceptance Channels (as on Mar 31, 2021) 157599 29154 31980 3388 3221 ATMs/CRMs Physical PoS Bharat QR Merchants BHIM / UPI Merchants AePS Merchants Page 37
Slide 39: Digital Footprint – Go Mobile+ and WhatsApp Banking
Digital Footprint – Go Mobile+ and WhatsApp Banking NEW FUNCTIONALITIES/ SERVICES IDBI Bank has launched Virtual Debit Card in Mobile Banking Application as an additional feature. The features of Virtual Debit Card are as under:- Instant Virtual Debit Card creation Choice of Visa/Master/Rupay Debit
Slide 40: Financial Inclusion
Financial Inclusion PMJDY ACCOUNTS Total PMJDY A/c (lakh) Aadhar Seeding under PMJDY 6.55 (Lakhs) 8.48 RuPaycards issued (Lakhs) 7.07 8.46 8.45 8.44 Sub Service Areas (Number) 490 8.43 Villages Covered (Number) 488 Mar, 2020 Jun, 2020 Sep, 2020 Dec, 2020 Mar, 2021 Transactions through Individual Bus
Slide 41: Financial Inclusion
Financial Inclusion MUDRA Yojana as on Mar 31, 2021 Sanction Outstanding (Rs.crore) 1990 1465 1505 871 185 90 Shishu (No. of A/c - 80674) Kishor (No. of A/c - 77876) Tarun (No. of A/c - 38294) Enrolment under Social security Scheme as on Mar 31, 2021 APY Subscription (in lakh) PMSBY Enrolments (in l
Slide 42: Subsidiaries
Subsidiaries @ IDBI BANK] Page 4
Slide 43: Subsidiaries
Subsidiaries All Subsidiaries posted profit in FY 2021 (Rs.crore) Income PAT RoA Net Worth Name of Company % Holding Line of Activity FY 2021 FY 2021 FY 2021 FY 2021 93.79 7.51 2.84% 312.76 IDBI Capital Market & Securities Ltd 100 Merchant Banking & Retail Broking (71.77) (-9.67) (-3.47%) (305.25) 1
Slide 44: Way Forward
Way Forward @ IDBI BANK] Page 43
Slide 45: Looking Ahead: Focus Area
Looking Ahead : Focus Area Improvement in operating profit, majorly driven by increase in non interest income. Maintaining NIM in line with industry Benchmark >3%. Credit cost and slippages ratio to be below 1.5% and 2% respectively on sustained basis. PCR to be maintained above 90% Improving NII wi
Slide 46: Thank You
THANK YOU