Yes Bank Limited · NSE:YESBANK
Yes Bank — Q1 FY2020 Earnings Presentation
27 slides from Yes Bank's earnings presentation, Jul 17, 2019
Slide 1: Exchange filing cover letter
BANK July 17, 2019 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Corporate Relations Deparhnent Plot no. C/1, G Block, P.J. Towers, Dalal Street Bandra - Kurla Complex Mumbai - 400 001 Bandra (E) Tel.: 2272 8013/15/58/8307 Mumbai - 400 051 Tel.: 2659 8235/36 8458 BSE Scrip Cod
Slide 2: Investor Presentation Q1FY20 Update (Standalone)
INVESTOR PRESENTATION Q1FY20 Update (Standalone)
Slide 3: Q1FY20 Highlights – Quarter of Consolidation
Q1FY20 Highlights – Quarter of Consolidation Net Profit at ` 1.1 Bn for Retail TDs grew by 37.7% y-o-y Q1FY20 post absorbing one off and 8.2% sequentially; now impact from investment MTM Funding & account for 28.2% of total deposits Return to provisions of ` 11.1 Bn Liquidity Profitability Profile D
Slide 4: Income Trends
Income Trends Return to Profitability Net Interest Income Non Interest Income ` Billion Fall due to ` 2.23 Bn Net Profit of ` 1,138 Mn for Q1FY20 post absorbing interest reversals of NPA one off impact from MTM provision of ` 11,094 Mn 27 recognized in Q1FY20 24 25 22 23 NII for Q1FY20 stands at ` 2
Slide 5: Non Interest Income Trends
Non Interest Income Trends Transactional Fee Income remains robust Includes Treasury Gains of ~ ` 4.5 Subdued Corporate fee on billion account of: 4603 2220 • Period of consolidation • Calibrated Corp growth ` million 6827 6677 6,561 4722 110 2098 610 2162 2116 2241 1,995 3329 3673 3526 4061 3,474 -
Slide 6: Asset Growth
Asset Growth Calibrated Advances Growth; Retail Momentum Continues Increasing Retail Share As % of Total Advances, Incremental Growth YoY Growth Contribution as on 30th June, 2019 ` Billion 43% 432 61% 301 63.9% Corporate 6% 421 12% Banking 395 7.7% Medium 190 2% 193 1% Enterprises 10.1% Small and M
Slide 7: Liability Franchise
Liability Franchise Rising proportion of Retail Deposits Strong Growth in Retail TDs continues CASA deposits Average CASA grew by 4% YoY, while on sequential ` Billion ` Billion basis the dip in Average CASA was <1% YoY Growth of Retail TDs: 37.7% Corp TDs: 13.0% 800 35.1% 33.8% 33.3% 33.1% 40.0% 10
Slide 8: Asset Quality and Sensitive Sector
Asset Quality and Sensitive Sector S.No Particulars (%) June 30, 2019 1 Credit Cost (bps) 32 bps 5.01% Gross Slippages of ` 62.3 Bn during the quarter 2.1 GNPA (` 1,20,921 Million) 2.91% ` 16.8 Bn were recovered/ upgraded in Q1FY20 2.2 NNPA (` 68,833 Million) ` 3.4 Bn were written off during the qua
Slide 9: Corporate Rating Profile
Corporate Rating Profile As on June 2019 * Breakup of Corporate BB and Below rated pool AA, 11.6% AAA, 20.5% ` 294.7 Bn BB and Below, 69.0% 9.4% A, 41.3% BBB, 17.2% 25.1% 5.9% Advances Investments Non Fund *Excludes NPA; Based on Internal ratings mapped to External Ratings ~ 73% of the Corporate boo
Slide 10: Sectoral Exposure Mix
Sectoral Exposure Mix As on 30th Jun, 2019 Well diversified portfolio with significant deployment in YES Bank focused knowledge sectors 9
Slide 11: Capital Position
Capital Position Demonstrated ability to raise capital across cycles CET I Consumption during Q1FY20 8.4% ~ 3bps ~ 20bps ~ 16bps ~ 10bps ~ 2bps 8.0% CET I as on Mar 31, 2019 PAT for Q1FY20 New RBI regulation Downgrade of Operational Risk change Others CET I for Jun 30, 2019 effective 01 April 2019 I
Slide 12: Debt Ratings Journey
Debt Ratings Journey Rating Upgrade Rating Upgrade: • Rating Upgrade: CARE ICRA & CARE ICRA & CARE Basel III Tier II & Infra Bonds: AAA; LT II:AA, Basel III Tier II: AA+, Basel III ATI :AA+ UT II:AA- INFRA BONDS:AA+ • Downgrade: Moody’s, CARE & ICRA • Re-affirmation: Moody’s at Baa3 and ICRA at AA+
Slide 13: Commitment from Leading Global Financial Institutions
Commitment from Leading Global Financial Institutions USD 415 Mn for 12 yrs USD 50 Mn for 7 yrs To increase lending to MSME and Women Green infra Bonds- FMO’s 1st investment in a owned business Green Bond by a bank in India USD 325 Mn for 9 yrs (avg) USD 200 Mn for 7 yrs Upper Tier II, Long Term Sen
Slide 14: Sustainable & Responsible Banking Leadership
Sustainable & Responsible Banking Leadership VISION: Be the Benchmark Financial Institution for Inclusivity and Sustainability Environmental Social Governance Committed to mobilizing USD 5 billion Launched India’s 1st Green Retail First & only Indian Bank to be listed on DJSI towards climate action
Slide 15: Awards & Accolades
Awards & Accolades The Asset The Asset Triple A Global Finance Triple A Country Asia Infrastructure Indian Banks’ Magazine Awards Awards Association Best Bank in India Best Debt Bank in Best New Bond Global winner Best Deal South Asia Most Customer Institutional for SMEs Asia Pacific 2019, 2018 Indi
Slide 16: Digital Leadership
DIGITAL LEADERSHIP 15
Slide 17: Digital Transformation
Digital Transformation Leadership in New Age Payments IMPS AEPS AePSVolumes Volumes Consistently ranked 1st as Remitter Bank, by NPCI in the In Mns ** 14.8% peer group for Q1 FY20. Achieved milestone of processing ~43.79 Mn transaction in Q1FY20. 12.4% 85.4 10.5% AePS: One of the Leading Acquirer Ba
Slide 18: Digital Transformation – Empowering Digital India
Digital Transformation –Empowering Digital India Smart City & Smart Campus Initiatives and digital wallet ecosystem Powering 9 smart cities including Nashik, Coimbatore, Aurangabad, Rajkot, Puducherry & Thootukudi Digitizing Campuses: AIIMS Rishikesh, IIT Jammu, IIM Sirmaur ePDS: Partnering with Foo
Slide 19: Digital Transformation – Reaching where the customers are
Digital Transformation – Reaching where the customers are Y-o-Y growth of 62% in registered user base; 83% & 63% growth in financial transactions value and volume, respectively Processed lifetime time high value of 14,235 Cr and volume of 4.1 million in Q1FY20 YES Mobile app achieved overall 4+ user
Slide 20: Leadership Team
LEADERSHIP TEAM 19
Slide 21: Distinguished Board
Distinguished Board Mr. Brahm Dutt Dr. Pratima Sheorey Mr. Subhash Chander Kalia Independent Director & Part- Independent Director Non – Executive Time Chairman Non- Independent Director Director of Symbiosis Centre Former executive director of Former Secretary, Ministry of for Management and Human
Slide 22: Human Capital Management
Human Capital Management Making YES BANK a Great Place to Work Flat Organization Structure (5 levels) First and only Bank to partner with “Kaizala Full Digital ONLY – Average Age Customer & Colleagues self-service channel”, powered by Microsoft. 69 49 Top Senior 194 43 University & Schools Relations
Slide 23: Annexures
ANNEXURES 22
Slide 24: Diversified Shareholding Base
Diversified Shareholding Base Shareholding Pattern as on June 30, 2019 Well Diversified holding with healthy mix of Marquee FIIs & DIIs such as LIC 9% Govt. Pension Fund 34% Ward Ferry 20% Jwalamukhi (Westbridge) Nuveen TIAA T. Rowe Price Vanguard 10% UTI MF Templeton MF SBI MF 7% 20% Constituent of
Slide 25: Key Financial Parameters
Key Financial Parameters Profit & Loss Growth % Growth % ` Million Q1FY20 Q1FY19 Q4FY19 (y-o-y) (q-o-q) Net Interest Income 22,808 22,191 2.8% 25,059 -9.0% Non Interest Income 12,727 16,941 -24.9% 5,317 139.4% Total Net Income 35,535 39,133 -9.2% 30,376 17.0% Operating Expense 15,944 14,586 9.3% 17,
Slide 26: Thank you
No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. The information contained in this presentation is only current as of its date. Certain statement
Slide 27: Key Financial Update (Q1FY20) Results Update
July 17, 2019 YES BANK – KEY FINANCIAL UPDATE (Q1FY20) Income and Profitability trend Growth % Growth% (` ` in Millions) Q1FY20 Q1FY19 (y-o-y ) Q4FY19 (q-o-q) Net Interest Income 22,808 22,191 2.8% 25,059 -9.0% Non-Interest Income 12,727 16,941 -24.9% 5,317 139.4% Corporate Trade & CMS 1,995 2,162 -