Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q4 FY2023 Earnings Presentation
29 slides from Dhanlaxmi Bank's earnings presentation, March 2023
Slide 1: Investor Presentation Q4 - FY 2023
Investor Presentation Q4 - FY 2023
Slide 2: Performance Highlights YoY
PERFORMANCE HIGHLIGHTS YoY Performance Highlights YoY: ➢ Total Business of the Bank grew by 11.32% and reached Rs.23,206 Crore. ➢ Total Deposit of the Bank registered a growth of 7.65% to reach Rs.13,352 Crore. ➢ Gross Advance of the Bank grew by 16.70% to reach Rs.9,854 Crore. ➢ Net Interest income
Slide 3: Business Growth
BUSINESS GROWTH ₹. in Crore TOTAL BUSINESS TOTAL DEPOSIT 13352 23206 12939 22183 21857 12576 12748 21300 12403 20847 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 CD Ratio GROSS ADVANCE 9854 74% 9109 9244 71% 71% 8724 69% 8444 68% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4
Slide 4: Total Deposit
TOTAL DEPOSIT ₹. in Crore TOTAL DEPOSIT DEPOSIT MIX 13352 BULK TD, 2506, 19% CASA, 12939 4260, 32% 12748 12576 12403 RETAIL TD, 6586, 49% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 CASA RETAIL TD BULK TD
Slide 5: Gross Advance
GROSS ADVANCE ₹. in Crore GROSS ADVANCE 9854 ADVANCES MIX 9244 9109 8724 Retail, Agri & Corporate, 8444 MSME, 2910, 30% 6945, 70% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23
Slide 6: Advances Mix
ADVANCES MIX ₹. in Crore CORPORATE AGRI & MICRO 2910 914 2578 2547 2594 2602 873 860 2163 814 798 762 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 SME RETAIL 1754 1736 4144 4295 1510 1498 3869 4028 3479 3710 1342 1148 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23
Slide 7: Advance Mix
ADVANCE MIX ₹. in Crore GOLD LOAN TONNAGE (in Kg) 6325 6356 6295 2274 2051 2084 6094 1955 1843 5919 1694 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 LTV of 69% Grew by 23.38 % YoY Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23
Slide 8: Segment Wise Retail Loans
SEGMENT WISE RETAIL LOANS ₹. in Crore HOUSING LOANS VEHICLE LOAN 837 220 785 199 730 182 627 667 144 127 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 LOAN AGAINST PROPERTY OTHER RETAIL LOANS 216 3061 3023 172 184 135 2922 110 2860 2846 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY
Slide 9: Key Ratios
KEY RATIOS COST OF DEPOSIT YIELD ON ADVANCE 9.53% 4.54% 4.48% 9.41% 9.39% 9.38% 4.41% 9.28% 4.39% 4.39% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 COST OF FUNDS YIELD ON INVESTMENTS 5.65% 5.59% 5.57% 5.60% 4.64 4.59 4.52 4.51 5.27% 4.50 Q4 FY22 Q1 FY23 Q2 FY23 Q3
Slide 10: Key Ratios
KEY RATIOS ROA ROE 0.34% 0.27% 5.14% 0.10% 3.99% 1.63% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 -0.15% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 -2.36% -0.76% -12.14% NIM COST TO INCOME 3.64% 3.58% 3.65% 3.60% 105.24% 3.00% 87.09% 74.73% 78.72% 77.61% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q4 FY22 Q1
Slide 11: Investor Earnings
INVESTOR EARNINGS BOOK VALUE (Rs.) EPS (Rs.) 37.99 1.95 1.42 36.01 35.57 35.16 0.44 34.53 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 -0.42 -1.04 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23
Slide 12: Performance: Y-o-Y
PERFORMANCE: Y-o-Y Gross Advance Corporate MSME Agri & Micro Retail Advance 17 % 13 % 25 % 12 % 17 % ₹. in Crore 8444 -9854 2577 -2910 1386 -1736 814 -914 3666 -4295 Total Deposit Bulk Deposit CASA Retail TD Deposits 8% 32% 1% 5% ₹. in Crore 12403 -13352 1893-2506 4252–4260 6258 -6586 NII Other Inco
Slide 13: Restructured Standard Advances
RESTRUCTURED STANDARD ADVANCES ₹. in Crore 306.08, 3% Restructured Advance 31.03.2023 Gross Advance 9854 Education Loan 1.00 MSME standard Restructuring 26.63 Gross Advance Other restructuring 0.50 Project Under Implementation 39.70 Restructured Advances RFCS -1 15.54 9854 RFCS -2 and RFCS -MSME 222
Slide 14: Asset Quality: Gross NPA
ASSET QUALITY ₹. in Crore GROSS NPA MOVEMENT OF GROSS NPA 31-03-22 30-06-22 30-09-22 31-12-22 31-03-23 Particulars (Audited) (Reviewed) (Reviewed) (Reviewed) (Audited) 6.32% 6.35% Opening Balance 657.21 533.54 533.54 533.54 533.54 6.04% 5.83% 5.19% Additions (+) 365.62 48.87 71.98 89.20 100.11 Reduc
Slide 15: Asset Quality: Net NPA
ASSET QUALITY ₹. in Crore NET NPA MOVEMENT OF NET NPA 2.85% 2.69% 31-03-22 30-06-22 30-09-22 31-12-22 31-03-23 Particulars (Audited) (Reviewed) (Reviewed) (Reviewed) (Audited) 2.32% Opening Balance 322.92 232.16 232.16 232.16 232.16 1.81% Additions (+) 297.68 36.87 47.78 61.92 64.99 Reductions (-) 3
Slide 16: Asset Quality: Fresh Slippages
ASSET QUALITY ₹. in Crore FRESH SLIPPAGES SEGMENT WISE FRESH SLIPPAGES Particulars 31.03.22 30.06.22 30.09.22 31.12.22 31.03.23 Agriculture 2.47 2.02 3.11 1.54 1.16 Business Loan Personal 48.87 0.00 31.75 3.61 0.00 0.00 Segment Slippage Ratio (FY 23): 1.27% Corporate 4.21 10.81 4.70 6.93 5.30 Retail
Slide 17: Asset Quality: SMA and Provision Coverage
ASSET QUALITY ₹. in Crore SMA MOVEMENT 176 168 150 146 93 92 103 85 96 55 50 54 54 81 47 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 SMA 0 SMA 1 SMA 2 PROVISION COVERAGE RATIO 90.61% 86.57% 83.25% 80.64% 81.43% Q4FY22 Q1FY23 Q2FY 23 Q3FY 23 Q4 FY23
Slide 18: Asset Quality - Rating Distribution
ASSET QUALITY- Rating Distribution ₹. in Crore Q4 FY23 External Rating of Corporate Advances 11% Investment 20% Rating Q3 FY23 Q4 FY23 Grade: 61% AAA 11% 11% 14% AA 11% 14% A 21% 23% 19% BBB 20% 13% <BBB 25% 19% 23% Unrated 12% 20% 13% AAA AA A BBB <BBB Unrated Total 100% 100%
Slide 19: CRAR and Liquidity
CRAR AND LIQUIDITY ₹. in Crore Particulars 31.03.22 30.06.22 30.09.22 31.12.22 31.03.23 CRAR Capital Adequacy Ratio (%) 12.98% 12.19% 12.32% 12.52% 12.32% CRAR (%) 12.98% 12.19% 12.32% 12.52% 12.32% 10.31% 10.28% 10.56% 9.95% 10.08% TIER I (%) 10.31% 9.95% 10.08% 10.28% 10.56% Risk Weighted Assets (
Slide 20: Business Result
BUSINESS RESULT ₹. in Crore 31.03.2022 30.06.2022 30.09.2022 31.12.2022 31.03.2023 Growth YOY Particulars (Audited) (Reviewed) (Reviewed) (Reviewed) (Audited) (YOY) Growth % Q4 Q1 Q2 Q3 Q4 Interest Income 916.63 258.37 520.87 797.13 1071.24 155 16.87 Interest Expenses 554.32 141.07 287.13 436.53 595
Slide 21: Balance Sheet Overview
BALANCE SHEET OVERVIEW ₹. in Crore 31.03.2022 30.06.2022 30.09.2022 31.12.2022 31.03.2023 Particulars (Audited) (Reviewed) (Reviewed) (Reviewed) (Audited) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 647 621 636 658 708 Deposits 12403 12576 12748 12939 13352 Borrowings 15
Slide 22: Digital Migration
Digital Migration 72.79% 49.50% 22.71% Share of Digital Banking Transaction @ Retail Internet Mobile Banking 72.79% as on Banking turnover up by 31st March turnover up by 2023. Compared 49.50% YoY 22.71% YoY to 65.36% as on 31st March 2022.
Slide 23: Shareholding Pattern (as on March 31, 2023)
Shareholding Pattern(as on March 31, 2023) No. of No of Shares Particulars Share Alternate held Holders Investment Fund 1 Alternate Investment Fund 1 115000 10 Foreign 11 Portfolio Investors Foreign Portfolio Investors 7 27485816 Fin Inst/Banks/Insu Fin Inst/Banks/Insurance Companies 2 181186 rance
Slide 24: Tie-ups
TIE-UPS Canara €X> HSBC Saag STREET TECH LIFE INSURANCE ' eal Your fast track to the future O N SDL smc \ Technology, Trust & Reach wv? Moneywise. Be wise 7 StQQM- (sol Eiuiel y SMART INVESTING SURAKSHA AUR BHAROSA DONO Samunnathi Investor Presentation - March 2023
Slide 25: Branch Network
BRANCH NETWORK Over 541 Customer Touch Points including 253 Branches, 270 ATMs and 18 BCs Branch Presence No. of Branches Population 31.03.2022 31.03.2023 Metropolitan 58 58 Urban 65 66 Semi Urban 107 110 Rural 19 19 Grand Total 249 253
Slide 26: Strong Management Team
Strong Management Team Strong Management Team Mr. Shivan J.K, Managing Director & CEO ▪ Bachelor in Agriculture, MBA & CAIIB; More than 37 years of experience in Retail, Agri, Corporate, International & Forex operations. ▪ Was Chief General Manager of Stressed Assets Resolution Group of State Bank o
Slide 27: Strong Management Team
Strong Management Team Strong Management Team Mr. Surendran A.V, Head- Treasury & Wholesale Banking ▪ Graduate in Science and CAIIB; More than 33 Years of experience in banking with specialization in Treasury Management for 17 years. ▪ Worked as Regional Head and handled Government Business. Mr. San
Slide 28: Disclaimer
DISCLAIMER This presentation has been prepared by Dhanlaxmi Bank (the “Bank”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published
Slide 29: Thank You
Thank You... Investor Presentation- March