Canara Bank · NSE:CANBK
Canara Bank — Q4 FY2020-21 Earnings Presentation
46 slides from Canara Bank's earnings presentation, May 18, 2021
Slide 1: Exchange filing cover letter: Investor Presentation
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Slide 2: Financial Results: Q4 & FY 2020-21
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Slide 3: Performance Highlights-Q4 & FY 2020-21
Performance Highlights-Q4 & FY 2020-21 45.11% Net Profit q-o-q 1,010 Cr 12.59% SB 40.75% Non interest Income y-o-y y-o-y Rs 15,285 Cr Rs 2,81,525 Cr 19.05% Fee Based Income 13.95% CASA y-o-y y-o-y Rs 5,243 Cr Rs 3,30,656 Cr 16.37% Retail Term Deposits 46 bps Gross NPA y-o-y y-o-y 8.93% Rs 4,20,333 C
Slide 4: Key Highlights
Key Highlights Net Interest ₹ in Crore Income 24,062 y-o-y growth 18.57% Treasury RAM Credit Income 3,79,704 5,270 y-o-y growth y-o-y growth 11.22% Global 93.75% Business surpassed Housing 16,86,000 Cash Loan Recovery 64,326 4,373 y-o-y growth q-o-q growth 15.11% Operating 42.21% Profit 20,009 y-o-y
Slide 5: Contents
Contents Business Performance 6-14 Financial Performance 16-23 Investment 25-26 Asset Quality 28-35 Capital & Share Holding 37-38 Expanding Reach – Offline & Online 40-41 Subsidiaries, Associates & Joint Ventures 42-42 Goal for March 2021 and Actual Position 43-43 w.e.f 1st April, 2020 Syndicate Ban
Slide 6: Business Performance
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Slide 7: Business Performance
Business Performance ₹ in Crore Growth % Parameters Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 Q-o-Q Y-o-Y Global Gross Business 1557839 1560144 1597747 1640582 1686030 2.77 8.23 Domestic Gross Business 1488366 1493806 1538179 1573151 1615864 2.72 8.57 Overseas Gross Business 69473 66337 59568 67431 70166 4
Slide 8: Domestic Deposit Mix
Domestic Deposit Mix ₹ in Crore Parameters Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 Growth % Q-o-Q Y-o-Y Saving Deposits 250041 253492 258946 267594 281525 5.21 12.59 Current Deposits 40131 40577 39583 42562 49131 15.43 22.43 CASA Deposits 290172 294069 298529 310156 330656 6.61 13.95 Term Deposit 579692
Slide 9: Domestic Deposit Mix
Domestic Deposit Mix Domestic Deposit Mix 416938 420333 405781 361216 Sustained growth in CASA and Retail Term Deposit 330656 310156 298529 290172 267594 281525 CASA increased by Rs 40484 Cr y-o-y, improving the 250041 258946 CASA Ratio by 97 bps Retail Term Deposit witnessed a y-o-y ( 16.37%) 21847
Slide 10: Advances Mix
Advances Mix RAM: 56.24% Mar‘21 ₹ in Crore Retail Loans Growth % Corporate & 17.08 Agriculture & Parameters Mar’20 Dec’20 Mar’21 others Allied 43.76 23.11 Q-o-Q Y-o-Y MSME 16.05 Retail 102830 111883 115312 3.06 12.14 Agriculture & 132884 150652 156058 3.59 17.44 Allied RAM: 52.43% MSME 105692 113718
Slide 11: Achievement Under Mandated Targets – Priority Sector
Achievement Under Mandated Targets – Priority Sector Achieved the mandated norms in respect of: Mandated Norms Total Priority (44.14 % to ANBC against 40% norm, 52.39% prior to PSLC) under Priority Agriculture (18.56% to ANBC against 18% norm, 26.81% prior to PSLC) Sector Small and Marginal Farmers
Slide 12: Retail Credit
Retail Credit HOUSING LOAN Retail Loans 64326 Vehicle Loans 13713 115312 61607 55880 12109 102830 Mar'20 Mar'21 Mar'20 Mar'21 MAR'20 DEC'20 MAR'21 ₹ in Crore Growth % Parameters Mar’20 Dec’20 Mar’21 Q-o-Q Y-o-Y Housing Loans 55880 61607 64326 4.41 15.11 Vehicle Loans 12109 13401 13713 2.33 13.25 Edu
Slide 13: Industry Credit
Industry Credit ₹ in Crore Non-Banking Financial Companies ( NBFC) 85108 ( 12.60%) Infrastructure 72013 ( 10.66% ) Iron and Steel 19857 ( 2.94%) Textiles 17453 (2.58%) Food Processing 14430 ( 2.14%) Commercial Real Estate 14308 (2.12%) Engineering 13146 ( 1.95 %) Petroleum, Coal Products and Nuclear
Slide 14: COVID-19- Credit Support
COVID-19- Credit Support Guaranteed Emergency Credit Line No. of Loans – 451430 Total Amount disbursed – Rs10383 Cr PM SVANidhi No. of Loans – 150125 Total Amount disbursed – Rs150 Cr Page 13
Slide 15: Rating Profile
Rating Profile External Rating - Wise Distribution of Domestic Advances above Rs. 25 crore External Rating - Wise Distribution of Domestic Corporate Advances (% of total rated loan book above Rs 25 crore) Mar’20 Dec’20 Mar’21 External 19.72% Rating Outstanding % Share Outstanding % Share Outstanding
Slide 16: Financial Performance
Financial Performance Page 15
Slide 17: Total Income
Total Income ₹ in Crore Quarterly 12 Months Ended Parameters Growth Growth Mar-20 Jun-20 Sep-20 Dec-20 Mar’21 Mar-20 Mar-21 Q-o-Q(%) Y-o-Y(%) Interest Income 17608 18036 17682 17206 16316 (5.17) 70850 69240 (2.27) Interest on Advances 12661 13118 13093 12447 11747* (5.62) 51562 50405 (2.24) Interest
Slide 18: Non-Interest Income
Non-Interest Income ₹ in Crore Quarterly 12 Months Ended Parameters Growth Growth Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Mar-20 Mar-21 Q-o-Q(%) Y-o-Y(%) Fee Based Income (i+ii+iii) 776 931 1219 1323 1770 33.79 4404 5243 19.05 Comm Exchange & Brok (i) 280 243 306 275 322 17.09 1056 1146 8.52 Commission o
Slide 19: Total Expense
Total Expense ₹ in Crore 12 Months Ended Quarterly Parameters Growth Growth Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Mar-20 Mar-21 Q-o-Q(%) Y-o-Y(%) Interest Expenses 12521 11940 11386 11125 10727 (3.58) 50556 45178 (10.64) Interest Paid on Deposits 11615 11108 10586 10430 9973 (4.38) 46622 42097 (9.71) O
Slide 20: Financials at a Glance
Financials at a Glance ₹ in Crore Quarterly 12 Months Ended Parameters Growth Growth Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Mar-20 Mar-21 Q-o-Q(%) Y-o-Y(%) Total Interest Income 17608 18036 17682 17206 16316 (5.17) 70850 69240 (2.27) Total Interest Expenses 12521 11940 11386 11125 10727 (3.58) 50556 451
Slide 21: Provisions
Provisions ₹ in Crore Quarterly 12 Months Ended Parameters Growth Growth Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Mar-20 Mar-21 Q-o-Q(%) Y-o-Y (%) Total Provision 8979 3879 4195 4686 4692 0.13 18670 17452 (6.52) NPAs 7939 3550 3533 2657 4428 66.65 17744 14168 (20.15) Standard 313 763 41 186 (989) (631.72)
Slide 22: Other Provisions
Other Provisions ₹ in Crore Particulars Provision made for FY 2020-21 Provision made during Mar’21 (Q) Additional provision for Covid-19 500 500 Delayed RP 586 447 Large Borrower Framework 60 145 Covid-19 Resolution Framework 0 494 Others (689) 120 Total 457 1706 Page 21
Slide 23: Key Ratios
Key Ratios (%) Mar’20 Sep’20 Dec’20 Mar’21 Ratios Quarterly Cumulative Quarterly Cumulative Quarterly Cumulative Quarterly Cumulative RoA (2.60) (0.58) 0.16 0.16 0.24 0.19 0.36 0.23 Return on Net-worth (69.71) (15.45) 4.82 4.64 7.30 5.43 10.76 6.71 Cost to Income 70.03 58.81 50.91 50.95 48.03 49.89
Slide 24: Key Ratios – 12M FY21
KEY RATIOS – 12M FY21 Cost Of Deposits (%) Cost Of Funds (%) Yield on Advances(%) 5.42 5.05 8.22 4.37 4.20 4.07 8.06 7.98 4.75 4.61 4.52 7.73 Mar'20 Sep'20 Dec'20 Mar'21 Mar'20 Sep'20 Dec'20 Mar'21 Mar'20 Sep'20 Dec'20 Mar'21 Yield on Investments(%) NIM(%) Yield on Funds(%) 2.82 2.80 7.08 7.40 2.75
Slide 25: Investments
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Slide 26: Investment Portfolio
Investment Portfolio ₹ in Crore Sl. Parameters Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 Modified Duration (1) 251254 250598 265337 271435 263136 Particulars Jun’20 Sep’20 Dec’20 Mar’21 Domestic Investments (a) SLR 205613 204293 219265 227534 219854 AFS 1.56 1.36 1.41 1.30 (b) Non SLR 45641 46305 46072 439
Slide 27: Non SLR Portfolio
Non SLR Portfolio ₹ in Crore % Share Y-o-Y Variation Parameters Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 (Mar’21) Amount % PSU Bonds 4694 4653 4617 4606 4603 10.63 (91) (1.94) Corporate and Other Bonds 5894 7935 8962 8098 8445 19.51 2551 43.28 Special Govt. Sec excl. Recap 3971 3867 3867 3010 2719 6.28 (1
Slide 28: Asset Quality
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Slide 29: Asset Quality Ratios
Asset Quality Ratios ₹ in Crore Dec’20 Parameters Mar’20 Jun’20 Sep’20 Dec’20 (With Mar’21 Proforma Slippages) Gross NPA 61127 57526 53438 49789 59776 60288 Gross NPA (%) 9.39 8.84 8.23 7.46 8.95 8.93 Net NPA 26756 24355 21063 16774 24860 24442 Net NPA (%) 4.34 3.95 3.42 2.64 3.93 3.82 Provision Cov
Slide 30: Movement of NPA
Movement of NPA ₹ in Crore Parameters Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 FY20-21 NPA as at the beginning of period 61975 61127 57526 53438 49789 61127 -Cash Recovery towards Book 2213 1440 1504 2003 2238 7185 Liability# (i) -Up-gradation (ii) 352 620 657 774 356 2407 -Write Off (iii) 3550 3216 2342
Slide 31: NPA Classification: Sector Wise
NPA Classification: Sector Wise ₹ in Crore Advance O/s Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 GNPA (%) (Mar’21) Domestic Gross NPA 54547 51053 47498 44318 54635 652558 8.37 Global Gross NPA 61127 57526 53438 49789 60288 675155 8.93 Retail 2614 2392 1855 1573 1873 115312 1.62 Agriculture & Allied 9963 92
Slide 32: Retail Sector NPA
Retail Sector NPA ₹ in Crore Advance Parameters Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 O/s GNPA (%) (Mar’21) Total Retail NPA 2614 2392 1855 1573 1873 115312 1.62 Housing Loans 1005 871 784 748 799 64326 1.24 Vehicle Loans 343 305 269 238 317 13713 2.31 Education Loan 489 417 185 123 240 12439 1.93 Othe
Slide 33: NPA Classification: Industry wise
NPA Classification : Industry wise ₹ in Crore Sector/Scheme Mar’20 Jun’20 Sep’20 Dec’20 Mar’21 % of Advances Infrastructure 8021 7853 7775 7623 7888 10.95 Iron & Steel 2702 1551 1581 1245 1169 5.89 Textile 1147 1084 1013 944 1722 9.87 Food Processing 1602 1664 1605 1523 1553 10.76 Engineering 243 26
Slide 34: Special Mention Accounts (SMA)
Special Mention Accounts (SMA) ₹ in Crore SMA Position of the Bank (Rs. 5 Cr and above) Dec’20 Mar’21 No of Outstandin % TO GROSS No of % TO GROSS Accounts Accounts Outstanding g ADVANCES ADVANCES 316 10370 1.30 126 5023 0.70 SMA 2 244 6985 0.87 261 10359 1.47 SMA 1 TOTAL SMA 1 & 2 560 17355 2.17 38
Slide 35: Accounts referred to NCLT; NCLT Resolution Status
Accounts referred to NCLT ₹ in Crore Provision Pending Provision No of Book Provision Book Provision coverage Accounts coverage Parameters Accounts Liability Made (31.03.2021) Liability made (31.03.2020) (31.03.2020) (31.03.2020) (31.03.2020) (31.03.2021) (31.03.2021) (31.03.2021) Ist List - RBI 7 7
Slide 36: CFITL under COVID Moratorium
CFITL under COVID Moratorium ₹ in Crore Sectors O/S As on O/S As on O/S As on O/S As on (CFITL 30.09.2020 31.12.2020 31.03.2021 30.04.2021 AGAINST EXPOSURE) CFITL CC/OD CFITL CC/OD CFITL CC/OD CFITL CC/OD AGRI 187.28 6612.34 171.38 6140.44 76.56 2748.99 50.42 1888.85 CORPORATE 723.71 29926.27 610.24
Slide 37: Capital & Shareholding
Capital & Shareholding Page 36
Slide 38: Capital Funds (Basel III)
Capital Funds (Basel III) ₹ in Crore Parameters April 1st’20 Sep’20 Dec’20 Mar’21 Tier I 48701.04 49562.22 53047.50 53436.87 Common Equity 42803.33 42631.12 44481.40 45624.21 Additional Tier I 5897.71 6931.10 8566.10 7812.66 Tier II 17351.52 16769.45 16427.15 16406.64 Total (Tier I+II) 66052.56 6633
Slide 39: Shareholding Pattern & Capital Raised
Shareholding Pattern & Capital Raised As on Mar 31, 2021 Capital Raised AT-1 Bond, Staff Others Q4, FY-21, 1.21 4.01 120.00 Cr Resident Individuals 9.16 FII/FPIs 4.59 Mutual Funds Tier II Q4 3.36 QIP, Q3, FY-21 FY-20 2000.00 Cr 3000.00 Cr Insurance Companies AT-1 Bond, 8.34 Government of India Q3, F
Slide 40: Expanding Reach
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Slide 41: Expanding the reach
Expanding the reach Northern Region Business Parameters Mar’20 Sep’20 Dec’20 Mar’21 (18.81%) Distribution Domestic across Regions 10391 10495 10491 10416 Western Region Branches (18.20%) Overseas 5 5 5 4 Branches BC Points 9143 9422 9242 9129 Total Banking 19539 19922 19738 19549 Outlets ATM 12856 1
Slide 42: Financial Inclusion
Financial Inclusion Accounts opened under Transactions through BC channel PMJDY (in Lacs) 25000 7 138 5.92 137 6 20000 4.54 5 4.12 129 15000 4 10000 21830 3 16108 2 5000 11925 Mar'20 Dec'20 Mar'21 1 0 0 Deposits Mobilised under Mar'20 Dec'20 Mar'21 PMJDY ( Rs in Cr) Amount of Transactions ( Rs in Cr
Slide 43: Subsidiaries, Associates & Joint Ventures
Subsidiaries, Associates & Joint Ventures ₹ in Crore Profit after Tax Name of the Entity % Holding Mar’20 Mar’21 Subsidiaries Canbank Financial Services Ltd. 100 62.21 1.27 Canbank Venture Capital Fund Ltd. 100 5.02 3.10 Canbank Factors Ltd. 70 4.44 2.55 Canara Robeco Asset Management Company Ltd. 5
Slide 44: Goals for Mar 2021 and actual position
Goals for Mar 2021 and actual position Guidance Actuals Parameters (31.03.2021) (31.03.2021) Deposits Growth (Global) 8.00% 11.50% Advances Growth (Global) 6.00% 3.68% Business Growth (Global) 8.00% 8.23% NIM (Global) (Annualized) 2.75% 2.75% CASA (Domestic CASA to Domestic Deposit) 35% 34.33% Gross
Slide 45: Disclaimer
Disclaimer This presentation has been prepared solely for information purposes only. It has no regard to any financial situations or informational needs of any particular reason. The forward looking statements involve a number of risk, uncertainties and other factors that could cause actual results
Slide 46: Thank You
Thank You We express our heartfelt gratitude to all our stakeholders for their support & trust and solicit their continued patronage to make our beloved Bank grow exponentially in the coming years. Page 45