IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q3 FY2013-14 Earnings Presentation
25 slides from IDBI Bank's earnings presentation, Feb 1, 2014
Slide 1: Presentation to Analysts F.Y 2013-14 (Q3)
Presentation to Analysts F.Y 2013- 2013-14 (Q3) February 01, 2014
Slide 2: Genesis
Genesis 1964- 1964-1976 1994- 1994- 00 2003 - 06 2007- 2007- 13 Set up by an IDBI Act amended IDBI Repeal Act Complete Networking (100% Act of to permit private passed in Core Banking) Parliament in ownership upto December 2003 Name changed to IDBI Bank 1964 as a 49%. for conversion to a Ltd subsidi
Slide 3: Status as Leading DFI
Status as Leading DFI • Leading provider of long term finance o Played an apex role in helping create the industrial and infrastructural base in the country o Significant player in domestic debt syndication. • Played a pivotal role in developing institutions that shaped the country’s financial archi
Slide 4: Distribution Network
Distribution Network • Reach • 1201 branches; 2073 ATMs • 1- Overseas, 303-Metro, 409-Urban, 309-Semi Urban & 179-Rural • Presence in 816 locations • Network of : o 66 Retail Asset Centres o 21 Credit Processing Centres o 6 PSG Processing Centres o 6 Regional Processing Units o 29 Central Clearing U
Slide 5: Highlights (Q3FY14 over Q3FY13)
Highlights (Q3FY 14 over Q3FY 13) (` in Crore) 178528 193858 1488 605 1552 417 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 4% 4% 5% 27% 20% 75% 170959 186623 1413 442 1239 104 22.27 8.95 0.64 2.30 CASA ROE ROA 21.77 2.18 NIM 2.10 0.14 Dec 13 Dec 12 Dec 13 Dec 12 Dec 13 Dec 12 Dec 13 Dec 12 5
Slide 6: Balance Sheet
Balance Sheet (` in Crore) As at 31-Dec-2013 31-Dec-2012 LIABILITIES Capital 1604 1278 Reserve & Surplus 21713 19398 [Net Worth] 21427 18872 Deposits 193858 186623 Borrowings 65946 57503 Other Liabilities & provisions 9176 8556 Total 292297 273358 ASSETS Cash & balance with RBI 10144 13181 Bal. with
Slide 7: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended 9 Months Ended Particulars Dec-13 Dec-12 Dec-13 Dec-12 Interest Income 6618 6200 19882 18667 Interest Expenses 5129 4787 15435 14734 Net Interest Income 1488 1413 4447 3933 Other Income 532 870 1828 2073 Total income 2020 2283 6275 6006 Operating Expenses 781
Slide 8: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended 9 Months Ended Particulars Dec-13 Dec-12 Dec-13 Dec-12 Commission, Excg & Brkg 371 548 1179 1433 Profit on sale of investments 47 199 145 234 Profit/(Loss) on revaluation of investment -4 9 6 52 Profit on sale of Fixed Assets 0 0 -2 0 Profit on fore
Slide 9: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended 9 Months Ended Particulars Dec-13 Dec-12 Dec-13 Dec-12 Staff Cost 316 333 1166 1036 Rent, taxes & lighting 77 67 213 192 Printing & stationery 15 9 35 30 Advertisement & Publicity 11 4 20 8 Depreciation 27 29 81 83 Postage, Telegram, Telephone
Slide 10: Key Ratios
Key Ratios Quarter Ended 9 Months Ended Particulars Dec-13 Dec-12 Dec-13 Dec-12 Net Interest Margin (%) 2.18% 2.30% 2.16% 2.09% Return on Assets (%) 0.14% 0.64% 0.27% 0.67% Return on Equity (%) 2.10% 8.95% 4.09% 9.91% Cost of all liabilities (%) 7.08% 7.32% 7.03% 7.39% Yield on Total Assets (%) 9.87
Slide 11: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) D e c - 13 D e c - 12 * To t a l Busin e ss [ De p . + Ad v .] 3 7 23 8 7 35 7 5 8 2 S B De po sit s t o To t a l De p o sit s 12.5 6% 10 .9 6 % Cu r r e n t Ac c ou n t De p o sit s t o To t a l De p o sit s 9 .21% 11.3 2 % Tim e De p osit s t o To t a l De po sit
Slide 12: NPAs
NPAs (` in Crore) Particulars De c-13 De c-12 Gross Advances 183923 174624 Gross NPAs 10012 6401 Gross NPAs as % of Gross Advances 5.44% 3.67% T otal Provisions held (including NPV Loss) 5395 3665 Net Advances 178528 170959 Net NPAs 5223 3302 Net NPAs as % of Net Advances 2.93% 1.93% Provision Cover
Slide 13: Summary of NPAs as on December 31, 2013
Summary of NPAs as on December 31, 2013 (` in Crore) NPA Provision For the Quarter Gross NPA & NPV Loss Net NPA As on 01.10.2013 9370 4196 5174 Additions (First Time NPA) 855 732 123 Less: (i) Upgradations 59 33 26 (ii) Recoveries 108 59 49 (iii) Write off 46 46 0 (iv) Forex Fluctuation 0 1 -1 As on
Slide 14: Classification of NPAs as on December 31, 2013
Classification of NPAs as on December 31, 2013 (` in Crore) % of Provision to Gross NPA Provision NPV Loss Net NPA Gross NPA Sub Standard Assets 3110 533 13 2564 18 Doubtful Assets 6567 3791 117 2659 60 Loss Assets 335 335 0 0 100 Total* 10012 4659 130 5223 48 * Excluding Countercyclical Provisionin
Slide 15: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore) Particulars Quarter ended 9 Months Ended Dec-13 Dec-12 Dec-13 Dec-12 Depreciation on investment 116 8 179 69 Provision for NPAs 590 646 1406 1315 Provision towards standard assets* 38 132 68 132 Provision for Restructured Assets (including FITL) 23
Slide 16: Liabilities
Liabilities (` in Crore) Deposits Dec-13 Dec-12 Current 17857 21124 Savings 24344 20445 Term 151657 145054 Total 193858 186623 Borrowings Dec-13 Dec-12 Tier I 2559 2559 Upper Tier II 4286 4286 Lower Tier II 10280 10296 Maturity Profile Flexi Bonds 232 260 (Borrowing & Amount Omni Bonds 8970 12108 De
Slide 17: Advances
Advances (` in Crore) Vertical Dec-13 Dec-12 Nature Dec-13 Dec-12 CBG 83306 85302 Bills 3650 4412 ICG 48524 38484 CC, OD,WCDL ETC 43504 43520 PSG* 13066 15075 Term Loans- Other 131374 123027 RBG # 32725 31319 Total 178528 170959 RECRY 907 779 Top 20 Borrowers 21701 31505 Grand Total 178528 170959 Ma
Slide 18: Top Industry wise Advances
Top 20 Industry wise Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 22028 10271 32299 33181 15911 49091 OIL & GAS/PETROLEUM PRODUCTS 8767 10381 19148 9364 19027 28392 ROADS & BRIDGES / PORTS 13541 5720 19260 16519 10972 27490 IRON AND STEEL 12851 5521 18372 1497
Slide 19: Summary of Restructured Advances as on December 31, 2013
Summary of Restructured Advances as on December 31, 2013 (` in Crore) Particulars PA NPA Total Gross 15985 2997 18983 Less: FIT L Provision 1051 124 1175 Ne t of FITL Provision 14934 2873 17808 Less: Cases considered for Provisioning @ 0.40% 2359 0 2359 Total 12576 2873 15449 19
Slide 20: Restructuring
Restructuring (` in Crore) Industry Outstanding Industry Outstanding AGRO INDUSTRIES 342 JEWELLERY M FG 20 AIR TRANSPORT 1 187 M ETAL INDUSTRY 1 257 AQUACULTURE 73 M INING AND QUARRYING 53 CEM ENT 112 M ISC. INDUSTRY 90 CERAM IC INDUSTRY 102 M OTOR VEHICLES 321 CHEM ICAL AND FERTILIZERS 78 OIL EXPLO
Slide 21: PA to NPA out of Restructured Advances as on Dec 31, 2013
PA to NPA out of Restructured Advances as on Dec 31, 2013 (` in Crore) Industry Outstanding Industry Outstanding AGRO INDUSTRIES 81 IRON AND STEEL 1 AIR TRANSPORT 696 METAL INDUSTRY 49 AQUACULTURE 7 MINING AND QUARRYING 22 CEMENT 89 MISC. INDUSTRY 9 CERAMIC INDUSTRY 3 MOTOR VEHICLES 67 CHEMICAL AND
Slide 22: Investments
Investments (` in Crore) Category HTM AFS HFT Total Government securities 54223 2632 258 57113 SASF Securities 4941 0 0 4941 Shares (Equity) 0 2587 3 2589 Shares (Preference) 0 535 0 535 Debentures/ Bonds 10 10903 0 10913 Subsidiaries / Joint 644 0 0 644 Ventures Security Receipts 0 40 0 40 Others (
Slide 23: List of Some Strategic Investments
List of Some Strategic Investments Percentage Name of Company Holding IDBI CAPITAL MARKET SERVICES LIMITED 100.00 IDBI INTECH LIMITED 100.00 IDBI MF TRUSTEE COMPANY LTD. 100.00 IDBI ASSET MANAGEMENT LTD. 65.22 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48.00
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Perce ntage Name of Company Holding SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 19.21 ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED 19.18 STOCK HOLDING CORPORATION OF INDIA LIMITED 18.95 OTC EXCHANGE OF INDIA LIMITED 17.00 EDC LIMITED 11.43 NEPAL DEVELOPMENT BANK LIM
Slide 25: Thank You
@ DBI BANK Thank You