Uco Bank · NSE:UCOBANK
Uco Bank — Q3 FY2023 Earnings Presentation
41 slides from Uco Bank's earnings presentation, Jan 24, 2023
Slide 1: UCO Bank filing cover letter
यूको बैंक UCO BANK सम्मान आपके विश्वास का Honours Your Trust HO/Finance/Share/189/2022-23 Date: 24.01.2023 National Stock Exchange of India Ltd. BSE Limited “Exchange Plaza” Phiroze Jeejeebhoy Towers Plot no. C/1, G Block Dalal Street,Fort, Bandra-Kurla C Mumbai – 400 001 omplex, Bandra (E) BSE Scri
Slide 2: Qtly. Results December 22
UCO BANK (A Govt. of India Undertaking) Qtly. Results December 22
Slide 3: Sets New Milestones
UCO BANK Sets New Milestones Highest Net Profit in a Qtr. Highest (NII) in a Qtr. ₹ 653 Cr. Highest ₹ 1952 Cr. Deposit Highest Business ₹ 243170 Cr. ₹ 394229 Cr.
Slide 4: Contents
Contents Highlights: December 2022 Business segment Performance Asset Quality Financials Capital & Shareholding Digital Journey
Slide 5: Our Presence
Our Presence Domestic Overseas Branches ATM BCs Branches 3120 2 2415 5661 South, 321 Central, Urban, 516 19.55% North East, 610 Metro, North, 827 209 585 Semi urban, 26.67% 832 (35.03%) West, 301 East, 946 Rural, 1093
Slide 6: Highlights December 2022
Highlights December 2022
Slide 7: Major Highlights
Major Highlights Total Business Total Advance Total Deposit ₹ 394229Cr. ₹151059 Cr. ₹243170Cr. 14.49% (Y-Y) 20.35% (Y-Y) 11.14 % (Y-Y) Net Profit Gross NPA CRAR ₹ 653Cr. 5.63% 110.37% (Y-Y) 14.32%
Slide 8: Financials
Financials Operating Profit (Qtr) ₹ in (Cr) Net Profit (Qtr) ₹ in (Cr) 653 1354 505 1340 310 312 1190 205 102 124 80 35 Dec-21 Sep-22 Dec-22 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Non Interest Income(Qtr.) ₹ in (Cr) Fee Income Recovery In Written Off Net Interest Income (Qtr)
Slide 9: Improving Asset Quality
Improving Asset Quality PCR (%) Recovery (Qtr.) ₹ in Cr 93.58 92.90 91.44 91.96 Cash Recovery + Recovery in Written off A/c 91.30 90.02 Upgradation 88.40 88.53 817 794 684 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Net NPA (%) Gross NPA % 9.59 9.37 8.98 8.00 7.89 7.42 6.58 5.63 191 184
Slide 10: Business Growth
Business Growth ₹ in (Cr) Business Mix Dec-21 Sep-22 Dec-22 Q-Q (%) Y-O-Y (%) (Deposits + Advances) Global Business 344322 377305 394229 4.49 14.49 Domestic 328286 351411 364985 3.86 11.18 Overseas 16036 25894 29244 12.93 82.36 Global Deposits 218803 235149 243170 3.41 11.14 Domestic 214013 228730 2
Slide 11: Operating Revenues
Operating Revenues ₹ in (Cr) Quarter Ended Variation (%) over Sl. Parameters Dec-21 Sep-22 Dec-22 Q-O-Q (%) Y-O-Y (%) 1 Interest Income 3919 4185 4627 10.57 18.06 2 Interest Expenses 2157 2415 2675 10.76 24.05 3 NII (1-2) 1763 1770 1952 10.30 10.74 4 Non-Interest Income 719 780 823 5.58 14.51 5 Oper
Slide 12: Net Interest Income
Net Interest Income ₹ in (Cr) Quarter Ended Variation (%) over Particulars Dec-21 Sep-22 Dec-22 Q-O-Q (%) Y-O-Y (%) Interest Income 3919 4185 4627 10.57 18.06 a. From Advances 2254 2390 2773 16.06 23.04 b. From Investments 1526 1548 1577 1.93 3.38 c. Others 139 248 277 11.60 98.24 Interest Expended
Slide 13: Non Interest Income
Non Interest Income ₹ in (Cr) Quarter Ended Variation (%) over Particulars Dec-21 Sep-22 Dec-22 Q-O-Q (%) Y-O-Y (%) a) Fee Based Income 187 209 229 9.71 22.78 i. Income from Commission & Charges 183 189 214 13.23 16.94 ii. Third Party Product Income 4 20 15 -25.00 275.00 b) Recovery in Written Off 3
Slide 14: Provisions
Provisions ₹ in (Cr) Quarter Ended Variation (%) over Particulars Dec-21 Sep-22 Dec-22 Q-O-Q (%) Y-O-Y (%) Operating Profit 1340 1190 1354 13.80 1.02 Provisions for : NPA 565 400 220 -44.99 -61.05 Standard Assets 21 20 33 61.44 55.54 Others (37) (15) 80 -633.33 -316.22 Income Tax (DTA) 481 279 368 3
Slide 15: Business Segment Performance
Business Segment Performance
Slide 16: Global Deposits
Global Deposits ₹ in (Cr) CASA Global (%) Growth Particulars Dec-21 Sep-22 Dec-22 Q-Q Y-Y Dec-22, Dec-21, Saving Deposits 74063 78933 79876 1.20 7.85 37.89 38.11 Current Deposits 8606 11586 11620 0.29 35.02 CASA 82670 90519 91496 1.08 10.68 Sep-22, 38.74 Term Deposits 131344 138212 143552 3.86 9.29
Slide 17: RAM (Domestic Advance)
RAM (Domestic Advance) ₹ in (Cr) Growth ₹ in (Cr) Dec-21 Sep-22 Dec-22 RAM% (Domestic Advance) (Y-Y) % Domestic Advance 114272 122680 129937 13.71 Of Which Dec-22, Dec-21, Retail Advance* 28229 31055 32375 14.69% 61.28 62.04 Agriculture Advance* 18422 20105 20627 11.97 Sep-22, 62.43 MSME Advance* 24
Slide 18: Retail Growth
Retail Growth Retail Advance As on Dec 2022 Particulars Growth Dec-21 Dec-22 (Y-Y) % Home Loan 15877 18908 19.09 Car Loan 1815 2166 19.30 Personal Loan 877 1079 23.06 Others 8921 9300 4.49 Total 27491 31453 14.41 Dec-21 Dec-22 Home Loan Car Loan Personal Loan Others Home Loan Car Loan Personal Loan
Slide 19: Priority Sector Advance
Priority Sector Advance ₹ in (Cr) % Growth Industry Dec-21 Sep-22 Dec-22 Y-O-Y % to ANBC Agriculture 24995 24094 24583 -1.65 19.67 Out of which, S&MF 12724 13247 13638 7.19 10.91 MSME 22016 25627 26775 21.62 21.42 Out of which, Micro 12225 15165 16654 36.23 13.33 Housing Loan 8921 11106 10481 17.49
Slide 20: Financial Inclusion Growth
Financial Inclusion Growth PMJJBY (17.97 Lac) 33.41%(Y-Y) PMSBY (38.09 Lac) APY (7.16 Lac) 34.69%(Y-Y) 39.30%(Y-Y) Schemes ₹ in (Cr) Dec-21 Sep-22 Dec-22 No. of No. of Particulars Amount No. of Accts Amount Amount Accts Accts PMJDY (Lacs) 111.56 3903.75 118.83 4898.23 121.39 5070.49 Zero Balance Acc
Slide 21: Investment Portfolio
Investment Portfolio Domestic Investment Others, Dec-21 (Domestic) AFS HTM 1.45% 75265 Subsidiaries 73817 68384 & Joint Govt. sec, Ventures, 69.67% 0.11% Debentures & Bond, 27.71% 27847 24503 22653 Shares, 1.06% Others, Dec-22 (Domestic) 2.43% Dec-21 Sep-22 Dec-22 Subsidiaries & Joint Govt. sec, ₹ i
Slide 22: Asset quality
Asset quality
Slide 23: Asset Quality
Asset Quality ₹ in (Cr) Gross NPA Net NPA Item Dec-21 Sep-22 Dec-22 10042 9359 Gross NPA 10042 9359 8506 8506 Net NPA 3334 2700 2407 Gross NPA (%) 8.00 6.58 5.63 3334 2700 2407 Net NPA (%) 2.81 1.99 1.66 Provision Coverage Ratio (%) 91.30 92.90 93.58 Dec-21 Sep-22 Dec-22
Slide 24: Movement of NPA
Movement of NPA ₹ in (Cr) Year Ended Quarter Ended Item Mar 22 Dec-21 Jun-22 Sep-22 Dec-22 Opening Balance 11352 10910 10237 9740 9359 Slippages 6122 579 556 578 491 Less Cash Recovery 1299 363 275 386 359 Upgradation 2087 191 184 176 184 Write off 3851 893 594 397 801 Total reduction 7237 1447 1053
Slide 25: NCLT
NCLT ₹ in (Cr) Dec-2022 (₹ Cr.) 1st List 2nd List Others Total Exposure to number of accounts referred under IBC (As per RBI List) 2 8 128 138 Loan Outstanding 890 2176 12900 15965 Total Provisions Held 890 2176 12852 15917 Inc. Tech. Write off
Slide 26: Fresh Slippage
Fresh Slippage ₹ in (Cr) Dec-21 Sep-22 Dec-22 Fresh Slippage No of Amount No of Amount No of Amount Account (In Cr) Account (In Cr) Account (In Cr) Corporate 6 57.70 2 17.86 3 21.87 SME 9587 209.33 8388 149.68 6955 102.04 AGRI 3867 53.35 18868 151.69 2729 69.91 Retail 2639 109.74 1425 80.51 1493 85.
Slide 27: Segment NPA
Segment NPA Agriculture & Allied Activities Micro & Small Industries Medium Industries ₹ in (Cr) Large Industries Services Retail All others 4048 3574 3509 2646 2410 2337 1792 1275 1144 919 911 701 697 626 684 194 50 141 43 135 43 Dec-21 Sep-22 Dec-22 Agriculture & Allied Activities 4048 3574 3509 M
Slide 28: Rating Mix (Domestic)
Rating Mix (Domestic) Unrated ₹ in (Cr) Below 1.56 BBB 2.46 ₹ in (Cr) Dec-21 Sep-22 Dec-22 1.04 3.09 1.40 2.42 2.84 2.09 A& Above 24619 30751 34497 BBB 4.12 BBB 4712 2564 3138 21.54 Below BBB 3251 3794 3202 25.07 A& Above Total Rated 32582 37109 40837 26.55 Unrated 1605 1279 2028 A& Above BBB Below
Slide 29: SMA Data
SMA Data ₹ in (Cr) SMA-0 SMA-1 SMA-2 Slippage 8300 7953 3661 3283 3357 2969 2978 2888 763 579 578 491 Dec-21 Sep-22 Dec-22 SMA-0 763 8300 7953 SMA-1 3661 2978 3357 SMA-2 2969 3283 2888 Slippage 579 578 491
Slide 30: COVID Resolution Framework as on 31.12.2022
COVID Resolution Framework as on 31.12.2022 ₹ in (Cr) Resolution Framework 1.0 Resolution Framework 2.0 Outstanding Outstanding Category Category (31.12.2022) (31.12.2022) MSME (Upto Rs 25 Cr.) 168.37 MSME 1105.37 Personal Loans 61.19 Personal & Small Business 1071.98 Agriculture Allied 0 Agricultur
Slide 31: Financials
Financials
Slide 32: Balance Sheet
Balance Sheet ₹ in (Cr) CAPITAL & LIABILITIES 31.12.2021 30.09.2022 31.12.2022 Capital 11956 11956 11956 Reserves & Surplus 11314 12408 13199 Deposits 218802 235149 243170 Borrrowings 14166 19575 22084 Other Liabilities & Provisions 6792 6257 6104 Total 263030 285345 296513 ASSETS Cash and Balances
Slide 33: Key Financial Indicators
Key Financial Indicators Particulars (Qtr.) Dec-21 Sep-22 Dec-22 Book Value per Share (₹) 9.37 10.67 11.59 Earning Per Share (₹) 0.26 0.42 0.55 Net Worth ( ₹ in Cr.) 10621 12064 13110 Business Per Branch ( ₹ In Cr.) 112.05 121.40 126.27 Business Per Employee ( ₹ in Cr.) 15.67 17.12 18.00 Operating P
Slide 34: Capital & Shareholding
Capital & Shareholding
Slide 35: Capital & Shareholding Pattern
Capital & Shareholding Pattern ₹ in (Cr) Share Holding Pattern Others, Dec-21 Sep-22 Dec-22 3.17 Particulars DIIs, 1.38 CET1 Capital 11977 11862 12473 FIIs, 0.06 Tier I Capital 11977 11862 12473 Govt., Tier II Capital 2884 2925 2961 95.39 Total Capital 14861 14787 15434 Risk Weighted Assets 102081 1
Slide 36: Digital Journey
Digital Journey
Slide 37: Digital Progress
Digital Progress New Initiative UPI 123 on IVR (0804516377) Introduction of Uco Bank Merchant. Installation of 16 Cash Recycler & 22 ATM. Instant activation of Debit card. New Features in M-Banking Introduction of Lifestyle E-marketplace Personalised Cheque Acknowledgement. Mbanking fo
Slide 38: Digital Performance
Digital Performance Dec-21 BHIM Dec-22 BHIM Uco UPI, Uco UPI, Mobile 5.25 Mobile 6.02 Bankin, Bankin, 52.22 75.93 Debit Debit Card, Card, 121.64 Internet Internet 111.42 Banking, Banking, 14.22 14.73 Growth (%) Digital Channels Dec-21 Sep-22 Dec-22 Y-O-Y Q-O-Q Debit Cards (Lakhs) 111.42 118.79 121.6
Slide 39: Associate
Associate Paschim Banga Gramin Bank As on 31.12.2022 (Audited) Particulars Amount (₹ in Cr) Total Business 9917.90 Deposit 6353.82 Advances 3564.08 Income Dec Qtr. 152.01 Expenditure & Provision Dec Qtr. 148.92 Net Profit Dec Qtr. 3.09 No of Branches 230 Employee Strength 1022
Slide 40: ESG Initiative
ESG Initiative Bank has been using eco-friendly refrigerant gas in air conditioners, green generators and LED lights in most of its offices to avoid carbon emissions and radiation. Bank is financing to disadvantaged, vulnerable and marginalized stakeholders through various bank credit scheme viz
Slide 41: Thank You!
PRAGATI-2023 Thank You!