Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Investor Presentation (November 2024)
40 slides from Bank Of Maharashtra's investor presentation, Nov 29, 2024
Slide 1: Letter to Stock Exchanges: Investor Presentation
AX1/ISD/STEX/125/2024-25 Date: 29th November, 2024 The General Manager The Vice President Department of Corporate Services, Listing Department, BSE Ltd., National Stock Exchange of India Ltd., P.J Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400 001 Bandra (East), Mumbai-
Slide 2: Investor Presentation
Digital Home Loan Concept Card - 1 INVESTOR PRESENTATION Investor Presentation October 2023 www.bankofmaharashtra.in /mahabank © 2024 Bank of Maharashtra. All Rights Reserved Strictly Private and Confidential
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for general information purposes in respect of Bank of Maharashtra (“Bank”) together with its subsidiary and associate, as applicable (together, with the Bank, the “Group”) only, without regard to any specific objectives, suitability, financial situatio
Slide 4: Disclaimer
Disclaimer This presentation includes certain industry data and projections that have been obtained from industry publications and surveys. Industry publications and surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be reliable, b
Slide 5: Table of Contents
Table of Contents 1 Bank of Maharashtra Overview 6 2 Key Financial Highlights 9 3 Asset Quality 16 4 Capital Adequacy 21 5 Technology & Digital Initiatives 23 6 Key Growth Strategies 32 7 Annexures 34 Strictly Private and Confidential © 2024 Bank of Maharashtra. All Rights Reserved 4
Slide 6: Abbreviations
Abbreviations Abbreviation Meaning AFS Available for Sale CASA Current Account & Savings Account CRAR Capital to Risk Weighted Asset Ratio GNPA Gross Non-Performing Asset HFT Held for Trading LAD Loan against Deposit LAP Loan against Property NII Net Interest Income NNPA Net Non-Performing Asset PCR
Slide 7: Bank of Maharashtra – An Overview
Bank of Maharashtra – An Overview Strictly Private and Confidential
Slide 8: Overview
Overview Shareholding Pattern Brief Snapshot Credit Rating (As of Sept`24) Long Term Ratings Domestic ❖ Founded in 1935, Bank of Maharashtra (“BoM”) has a legacy of Companies; Individuals; (Tier II Bonds/ Infra Bonds) Mutual 7.24% more than 90 years funds/ UTI; 0.38% Rating Agency: 0.33% ❖ BoM has a
Slide 9: Robust Banking Franchise
Robust Banking Franchise 01 Consistent improvement in financial performance 02 A relatively stable and granular RAM portfolio BoM has achieved financial turnaround over the past 3 more than half of the asset base (62% of gross advances)1 years. results in a diversified asset base with a focus on the
Slide 10: Key Financial Highlights
Key Financial Highlights Strictly Private and Confidential
Slide 11: Business Performance
Business Performance Business Expansion Pace Continues Focus on RAM Advances One of the Highest CASA Share among Banks ( ₹ In Crore ) ( ₹ In Crore ) 6% CAGR1 1,35,132 57.85 1,24,300 53.38 52.73 1,00,076 49.29 80,669 217,504 202,294 175,120 276,289 135,240 203,664 234,083 270,747 117,035 142,774 124,
Slide 12: Diversified Credit Portfolio
Diversified Credit Portfolio Domestic Gross Advances – Growth driven by Corporate & MSME Advances Profile % Yield on Advances % Sep` 24 ( ₹ In Crore ) 2,17,504 2,03,664 YoY 9.10 Particulars CAGR2 8.94 21% CAGR2 Growth1 1,75,120 26% 38% 1,35,240 Retail 23% 21% 8.04 Agriculture 34% 25% 15% 7.29 MSME 2
Slide 13: Asset Quality – Industrial Exposures Above 1.0%
Asset Quality – Industrial Exposures Above 1.0% Funded Exposure to select industries (More than 1.0%)- Sept`24 Iron & Steel 1.20% Top 3 selected sectors are Vehicle Loans 1.30% Infrastructure, Agriculture & Loans against gold jewellery 1.38% Allied Activites and Housing, which cover over 46% of tota
Slide 14: Stable Ratings Profile despite Challenging Environment
Stable Ratings Profile despite Challenging Environment External Rating-wise Advances – Above ₹ 25Cr ( ₹ In Crore ) Sep`23 Sep`24 Particulars No. of % of O/s No. of % of O/s O/s Amount O/s Amount Borrowers Amount Borrowers Amount Total Eligible Exposure for External 426 86,761 100 486 95,880 100 Rati
Slide 15: Diversified and Growing Liability Profile
Diversified and Growing Liability Profile Healthy Growth in Deposits Deposit Composition ( ₹ In Crore ) 2,70,747 2,76,289 Sep`23 Sep`24 13% CAGR1 2,34,083 2,02,294 39% 36% 49% 51% 12% 13% Mar'22 Mar`23 Mar`24 Sep`24 Savings Deposit Current Deposits Term Deposits CASA Term Deposits Total Deposits Y-o
Slide 16: A Balanced Approach to Treasury Operations
A Balanced Approach to Treasury Operations Particulars ( ₹ In Crore ) Mar`22 Mar`23 Mar`24 Sep`24 (6M) Interest on Investments 4,385 4,267 4,461 2,614 Yield on investments 6.24 % 6.11 % 6.47 % 6.92 % Gross Investments 69,093 69,215 68,593 78,129 M-Duration (AFS+HFT/ Total Portfolio) 1.63 / 3.55 1.22
Slide 17: Asset Quality
Asset Quality Strictly Private and Confidential
Slide 18: Asset Quality – One of the lowest impaired/stressed assets in the industry
Asset Quality – One of the lowest impaired/stressed assets in the industry Rising Trend in Standard Advances Unprovided NPAs Pose Insignificant Risk to Networth 98.12 98.16 12.54 97.53 96.06 3.41 2.38 2.12 Mar'22 Mar`23 Mar`24 Sep`24 Mar'22 Mar`23 Mar`24 Sep`24 Stnd. Advances/ Gross Advance (%) NNPA
Slide 19: Asset Quality – Delinquency Rate and Credit Cost
Asset Quality – Delinquency Rate and Credit Cost A Declining Trend in Delinquency Ratio Lower Delinquency Rate Leads to Lower Credit Cost 2.05 1.91 1.24 1.29 1.07 1.09 0.99 0.73 Mar'22 Mar`23 Mar`24 Sep`24 Mar'22 Mar`23 Mar`24 Sep`24 Provision Coverage Ratios Improve Accompanied by Fall in Net Non-P
Slide 20: Asset Quality – Sectoral & Segmental NPA Position
Asset Quality – Sectoral & Segmental NPA Position Retail Sector - NPA ( ₹ In Crore ) MSME Sector - NPA ((₹₹ In Crore) ) In Crore Particulars (Sep`24) Advances Sector NPA Sector NPA % Particulars (Sep`24) Advances Sector NPA Sector NPA % Total Retail Credit 56,914 201 0.35 Total MSME Credit 45,031 1,
Slide 21: Consistent improvement in Profitability metrics
Consistent improvement in Profitability metrics Net Interest Income & NIM Operating Profit Net Profit ( ₹ In Crore ) ( ₹ In Crore ) ( ₹ In Crore ) 3.92 3.98 8,005 4,055 3.56 3.15 6,099 YoY: 19% YoY: 45% 4,848 YoY: 17% 4,496 2,602 2,620 9,822 7,741 6,044 5,606 1,152 Mar'22 Mar`23 Mar`24 Sep`24 (6M) M
Slide 22: Capital Adequacy
Capital Adequacy Strictly Private and Confidential
Slide 23: Capital position
Capital position BoM has Stable Capital Ratios % Particulars Sep`23 Jun`24 Sep`24 18.14 17.38 17.26 16.48 RWA for Credit Risk 1,03,825 1,30,874 1,35,729 14.25 13.72 13.13 RWA for Market Risk 6,057 426 858 12.38 RWA for Operational Risk 14,537 17,968 17,968 Total RWA 1,24,420 1,49,268 1,54,555 4.10 4
Slide 24: Technology & Digital Initiatives
Technology & Digital Initiatives Strictly Private and Confidential
Slide 25: Leveraging IT & Technology to build a Digital Bank
Leveraging IT & Technology to build a Digital Bank Digital initiatives of Bank of Maharashtra Tab Banking & White label WhatsApp / Door Step Online Saving Payment FASTag QUICK pay Online LAD Chatbot Banking Account Gateway Opening 1 2 3 4 5 6 7 ATM Card Base (Mio.) Digital transaction (%) UPI/BHIM W
Slide 26: New Initiatives in Digital Banking
New Initiatives in Digital Banking Digital Sanctions GST Credit Scheme •Need based Credit Scheme upto Rs. 25 lakhs for regular GST payers. Mobile Banking Gold Loan Journey- Branch Assisted • End to End Digital Gold Loan Journey with convenience to book appraiser • Lifestyle Services like Travel, Rec
Slide 27: New Initiatives in Information Technology
New Initiatives in Information Technology To enhance Core Technology Infra • Bank is doing augmentation for Private Cloud ‘NAKSHTRA 2.0’ to upgrade technology infrastructure at Data Center to provide seamless customer service. • We have deployed DR automation solution for few applications for conduc
Slide 28: ESG Initiatives
ESG Initiatives Maha Green Pehal Green Finance E-Waste Tree Plantation •Dedicated Climate Risk •Finance of 2549 Crores to Green •E-waste collected ~142417 KGS; •Total 11411 trees have been Management Policy Energy Sector as on 30.09.2024. recycled ~135300 KGS planted countrywide for making the envir
Slide 29: Expanding Footprints across India
Expanding Footprints across India No. of Branches Category Sept`23 Dec`23 Mar`24 Jun`24 Sept`24 Metro 563 586 611 614 619 Urban 508 522 548 549 553 Semi Urban 661 684 720 725 727 Rural 609 609 610 611 609 Total Branches 2,341 2,401 2,489 2,499 2,508 Employee Age Profile % (in Years) 18% 18% Below 30
Slide 30: Management Team
Management Team Strictly Private and Confidential
Slide 31: Our Experienced Board Members
Our Experienced Board Members Started his banking career at Bank of Baroda & later moved to UCO B.Sc. (Engineering), CAIIB, FRM (GARP). He is presently working Bank. He has over 26 years of experience working in diversified as a Chief General Manager at RBI in the Department of Currency areas of ban
Slide 32: Recent Awards
Recent Awards Best Mid Sized Bank in National MSME Brand Visibility India during the Awards 2022 Award for at Tech 'Banking & Economy at the hands of Leadership Conclave Summit' organised by Hon'ble Prime organised by ENQUBE Business Today at Minister, Shri in Mumbai.. Gandhinagar, Gujarat. Narendra
Slide 33: Key Growth Strategies
Key Growth Strategies Strictly Private and Confidential
Slide 34: Our Growth Strategies
Our Growth Strategies Improvement in credit quality through business and technological integration Emphasis on core Retail, Agriculture, and MSME business & through collaboration (Co-lending partnership) Adopting Digital Platform for onboarding of customers, operations & compliance Increase in share
Slide 35: Annexures
Annexures Strictly Private and Confidential
Slide 36: P & L Highlights
P & L Highlights ( ₹ In Crore ) Quarter Ended (Un-Audited) * Year Ended (Audited) Particulars Sept`23 Jun`24 Sept`24 Y-o-Y (%) Mar`23 Mar`24 Y-o-Y (%) Total Income 5,736 6,769 6,809 19 18,179 23,493 29 Interest Income 5,068 5,875 6,017 19 15,898 20,495 29 Non-Interest Income 668 894 792 19 2,280 2,9
Slide 37: Interest and Non-Interest Income
Interest and Non-Interest Income ( ₹ In Crore ) Quarter Ended (Un-Audited)* Year Ended (Audited) Particulars Sept`23 Jun`24 Sept`24 Y-o-Y (%) Mar`23 Mar`24 Y-o-Y (%) Interest on Advances 3,864 4,458 4,684 21 11,486 15,826 38 Interest on Investment 1,169 1,301 1,313 12 4,267 4,461 5 Other Interest In
Slide 38: Provisions – Credit cost provision trending down
Provisions – Credit cost provision trending down ( ₹ In Crore ) Quarter Ended (Un-Audited) * Year Ended (Audited) Particulars Sept`23 Jun`24 Sept`24 Mar`23 Mar`24 Provision for Non Performing Assets 597 586 598 2,253 2,174 Provision for Standard/Restructured 362 344 193 (114) 1,319 Assets Provision
Slide 39: Balance Sheet Highlights
Balance Sheet Highlights ( ₹ In Crore ) Year Ended (Audited) * (Un-Audited) Assets Mar`22 Mar`23 Mar`24 Sept`24 Cash & Balance with RBI 19,722 18,508 21,161 16,574 Balances with Bank & Call Money 194 21 9,150 22 Total Investments (Net of Depreciation & Provision) 68,590 68,867 68,274 77,816 Total Ad
Slide 40: Thank You
Thank You www.bankofmaharashtra.in /mahabank
Bank of Maharashtra — Investor Presentation (November 2024) on 6ix