Dhanlaxmi Bank Ltd · NSE:DHANBANK

Dhanlaxmi Bank — Q1 FY2011 Earnings Presentation

17 slides from Dhanlaxmi Bank's earnings presentation, Aug 13, 2010

  1. Slide 1: Dhanlaxmi Bank

    DhanlaxmiBank £ established 1927 sex

  2. Slide 2: Financial Results for period ended June 30, 2010

    Financial Results for period ended June 30, 2010 August 13, 2010

  3. Slide 3: Brief Overview

    Brief Overview  Pan - India presence through a network of 271 branches and 380 ATMs covering 14 states  A broad and loyal customer base of 1.4 million as at June 30, 2010  Total asset base of Rs. 90 billion as at June 30, 2010, increasing at a rapid pace of 56% (y-o-y)  Capital adequacy of 11.0%

  4. Slide 4: Financials - Q1 FY2011

    o Financials - Q1 FY2011 Dhanlaxm Bank (

  5. Slide 5: Balance Sheet

    Balance Sheet (Rs. in Crores) June 30, 2010 Mar 31, 2010 June 30, 2009 Y-o-Y growth Capital 64 64 64 - Reserves 382 376 370 3.2% Deposits 7,747 7,098 5,071 52.8% Borrowings 398 121 38 947.4% Other Liabilities 436 428 249 75.1% Total 9,027 8,087 5,792 55.9% Cash / bank balance 920 750 589 56.2% Inves

  6. Slide 6: Deposits - Advances Growth Better Than the Industry

    Deposits - Advances Growth Better Than the Industry 70% 60.7% 58.1% 56.6% 60% 52.8% 49.4% 50% 52.7% 43.0% 42.8% 40% 32.4% 30.1% 30% 21.8% 19.7% 17.8% 22.0% 17.1% 20% 15.1% 16.2% 17.0% 10% 13.0% 13.6% 0% Jun-09 Sep-09 Dec-09 Mar-10 June-10 Bank Advances Bank Deposits Industry Deposits Industry Credit

  7. Slide 7: Deposits

    Deposits (Rs. in Crores) June 31, 2010 Mar 31, 2010 June 30, 2009 Y-o-Y growth Current Deposits 585 564 389 50.4% Saving Deposits 1,071 988 737 45.3% CASA 1,656 1,552 1,126 47.1% CASA (%) 21.4% 21.9% 22.2% - Term Deposits 6,091 5,546 3,945 54.4% Total 7,747 7,098 5,071 52.8% 7

  8. Slide 8: Business Mix

    Business Mix As at June 30, 2010 As at March 31, 2010 Retail Retail 18% Agri 16% Agri 5% 5% WBG TAG TAG WBG 58% 15% 19% 64% 8

  9. Slide 9: Profit and Loss Statement

    Profit and Loss Statement (Rs. in Crores) Q1 - FY2011 Q4 - FY2010 Q1 - FY2010 Y-o-Y growth Interest income 168.0 150.5 120.5 39.4% Interest expenses 119.5 106.6 90.2 32.5% Net interest income 48.5 43.9 30.3 60.1% Non Interest income 30.5 31.9 15.1 102.0% Operating expenses 69.8 64.1 32.3 116.1% Staf

  10. Slide 10: Net Interest Income

    Net Interest Income (Rs. in Crores) Q1 - FY2011 Q4 - FY2010 Q1 - FY2010 Y-o-Y growth Interest income 168.0 150.5 120.5 39.4% from Advances 126.8 115.4 95.5 32.8% from Investments 39.6 34.3 19.8 100% Others 1.6 0.8 5.2 (69.2)% Interest expenses 119.5 106.6 90.2 32.5% Net Interest Income 48.5 43.9 30.

  11. Slide 11: Trend in Net Interest Income

    Trend in Net Interest Income 180 168.0 160 150.5 139.8 140 120.5 123.7 120 119.5 106.6 100.7 96.5 100 90.2 80 60 43.9 39.2 48.5 40 30.3 27.2 20 0 Q1 - FY2010 Q2 - FY2010 Q3 - FY2010 Q4 - FY2010 Q1 - FY2011 Interest Income Interest Expenses Net Interest Income 11

  12. Slide 12: Trend in Operating Expenses

    Trend in Operating Expenses 80 70 70 64 60 53 30 50 29 (Rs. in Crores) 44 40 23 31 32 18 29 30 28 25 13 14 14 12 20 12 40 35 30 26 10 17 17 18 13 16 0 Q1-09 Q2-09 Q3-09 Q4-09 Q1-10 Q2-10 Q3-10 Q4-10 Q1-11 Staff Cost Others 12

  13. Slide 13: Trend in Net Interest Margin

    Trend in Net Interest Margin 14% 12% 11.5% 10.6% 10.4% 9.9% 10% 10.0% 8% 7.2% 6.9% 6.4% 6.4% 6.6% 6% 4% 2.4% 2.5% 2.7% 1.9% 2.6% 2% 0% Q1 - FY2010 Q2 - FY2010 Q3 - FY2010 Q4 - FY2010 Q1 - FY2011 Yield on Advances Cost of Funds NIM Increase in margins driven by lower cost of deposits partially offset

  14. Slide 14: Key Ratios (%)

    Key Ratios (%) Q1 - FY2011 Q4 - FY2010 Q3 - FY2010 Q2 - FY2010 Q1 - FY2010 FY2010 Cost / Income ratio 88.42 84.57 94.94 79.71 71.15 83.29 Credit - Deposit ratio 68.78 70.53 73.15 71.09 68.80 70.53 Return on Equity 5.42 5.16 1.19 5.70 9.31 5.30 Return on Assets 0.28 0.30 0.07 0.50 0.71 0.35 June 30,

  15. Slide 15: Asset Quality

    Asset Quality 2.5% 1.99% 2.0% 1.92% 1.73% 1.76% 1.54% 1.5% 1.41% 0.96% 0.89% 1.0% 0.88% 0.86% 0.84% 0.76% 0.5% 0.0% Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 June-10 Net NPA Ratio Gross NPA Ratio 15

  16. Slide 16: Nearly 43,000 shareholders form part of the Dhanlaxmi family

    Nearly 43,000 shareholders form part of the Dhanlaxmi family Shareholding Pattern as at June 30, 2010 Banks / Financial Institutions Others * 0.3% 4.2% Non Resident Indians 5.6% Corporate Bodies Resident 18.3% Individuals 42.1% Foreign Institutional Investors 29.5% * Includes insurance companies, Mu

  17. Slide 17: Thank You

    Thank You Dhanlaxm Bank (

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