Axis Bank Limited · NSE:AXISBANK
Axis Bank — Q2 FY22 Earnings Presentation
75 slides from Axis Bank's earnings presentation, Nov 18, 2021
Slide 1: Exchange disclosure cover letter
AXIS/CO/CS/422/2021-22 November 18, 2021 Chief Manager, The Deputy General Manager, Listing & Compliance Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor 1st Floor, New Trading Ring, Plot No. C/1, “G” Block Rotunda Building Bandra-Kurla Com
Slide 2: Schedule of investor interactions on November 18, 2021
Place: Mumbai Interactions held on November 18, 2021 Event: ICICI Securities Financial Conference Sr. Institution Name No. 1 Alchemy Capital 2 Anvil Asset Management 3 Centrum 4 Chanakya Capital 5 East Lane Capital 6 Fiera Capital 7 Flowering Tree Investment Management 8 Fortune Financial Services 9
Slide 3: Investor Presentation Quarterly Results Q2FY22
Investor Presentation Quarterly Results Q2FY22 NSE: AXISBANK BSE: 532215 LSE (GDR): AXB
Slide 4: Axis Bank at a glance
Axis Bank at a glance Axis Bank 3rd largest 4,679 86,500+ 5th straight year Private Bank in India Branches* Employees Constituent of FTSE 4Good EI ^ Traditional Banking Segment Digital Banking Segment Market Share 5.1% 4.6% 5.7% 15% 14% 11% Assets # Deposits ## Advances ## UPI ** Mobile** CIF ^^ Pro
Slide 5: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 3
Slide 6: Major highlights of Q2FY22
Major highlights of Q2FY22 Strong CASA and fee performance, accelerating loan growth in focus segments, limited restructuring, improving asset quality, resilient balance sheet • Deposits on QAB basis grew by 18% YOY and 4% QOQ, Loan book grew 10% YOY and 1% sequentially Strong growth in granular CAS
Slide 7: Key metrics for Q2FY22
Key metrics for Q2FY22 Snapshot (As on 30th September 2021) All figures in ` Crores Deposits # 18% YOY Advances 10% YOY Absolute (Rs. Cr) QOQ | YOY Growth Q2FY22 Q1FY22 H1FY22 Q2FY22 Q2FY22 H1FY22 Net Interest Income 7,900 7,760 15,660 2% 8% 9% Profit & 34% Loss Fee Income 3,231 2,668 5,899 21% 17%
Slide 8: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 6
Slide 9: Strong growth in granular CASA deposits continue to drive loan growth
Strong growth in granular CASA deposits continue to drive loan growth Deposits (QAB)^ Loans All figures in ₹ Billion 7,134 6,144 6,149 6,217 10% YOY 6,858 18% YOY 5,646 6,427 5,699 7% 6,051 6,048 6% 7% 42% YOY 6% 6% 8% YOY 94% 94% 94% 93% 93% Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Sep-20 Dec-20 Mar-21 J
Slide 10: We have lifted our CASA growth considerably
We have lifted our CASA growth considerably led by… All figures in ` Crores 21% 19% 18% 16% 15% 14% 13% 13% 13% 12% 12% 11% 10% 10% 9% 90,301 87,507 87,846 80,003 76,738 74,491 74,312 69,687 64,993 68,777 66,709 66,664 61,334 61,348 60,581 2,12,411 2,01,631 1,88,910 1,78,824 1,72,638 1,69,160 1,60,8
Slide 11: Improvement in the persistence of our average CASA balances
…improvement in the persistence of our average CASA balances… Our focus on QAB deposits rather than period end balances has ensured stability and persistence of deposits CA QAB as % of period end SA QAB as % of period end CASA QAB as % of period end CA balances SA balances CASA balances 86% 95% 92%
Slide 12: Declining cost of deposits, supported by granular deposits
…resulting in declining cost of deposits, supported by granular deposits comprising of CASA and retail term deposits All figures in ` Billion (CASA + RTD*) ratio^ & cost of deposits Retail term deposits^ 4.37% 4.09% 3.90% 3.78% 3.69% 86% 86% 83% 83% 84% 3% 5% 2% 3% 11% YOY 0.4% 43% 43% 43% 41% 41% 2
Slide 13: Net Profit up 86% YOY and 45% QOQ
Net Profit up 86% YOY and 45% QOQ All figures in ₹ Crores Operating revenue * Operating expense 2.05% 2.12% 1.97% 1.96% 1.96% 11,699 7% YOY 5,771 10,895 11,096 11,118 5,359 10,302 5,054 4,932 3,358 3,798 6% YOY 4,235 3,569 2,929 3,541 3,835 3,376 3,691 3,081 2,822 7,326 7,373 7,555 7,760 7,900 8% YO
Slide 14: Net interest margin
Net interest margin Advances mix by rate type Cost of Funds MCLR Duration Split 31% (Sep-21) 3% 6% 1M 5.62% 1% 3M, 3% 5.42% 5.20% 32% 4.93% 6M, 10% 4.60% 12M, 14% 4.30% 4.10% 3.97% 3.87% 28% MCLR linked Fixed Foreign currency- floating Base Rate linked Repo linked Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21
Slide 15: Granularity in fees across business segments
We have built granularity in fees across our business segments All figures in ₹ Crores Retail Banking fees Retail fee mix 19% YOY 23% QOQ 34% 35% 34% 30% 29% 21% 24% 2,164 20% 21% 2,039 18% ^ 16% 18% 1,712 1,856 1,660 TPP Retail card Retail Assets excl Cards Others Q2FY21 Q1FY22 Q2FY22 • 25%YOY and
Slide 16: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 14
Slide 17: Strong capital position with adequate liquidity
Strong capital position with adequate liquidity Bank’s Capital Adequacy Ratio Liquidity Coverage Ratio (consolidated) Bank raised USD 600mn through 140% AT1 bond issuance in Sep ’21 130% 20.04% 120% 120% 19.12% 117% 116% 120% 113% 115% 17.53% 4.23% 15.84% 3.72% 110% 107% 4.19% 15.40% 15.81% 4.57% 10
Slide 18: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 16
Slide 19: Retail Banking
Retail Banking ~26.5 Mn 4th `2.6 Tn Largest issuer of AUM in wealth SA customers Credit Cards ** management 83% 69% 56% CASA + RTD ratio Sourcing* from ETB Share of (QAB) customers Advances# 23% 16% 63% Growth in SA Growth in Share in total fee^ QAB deposits advances *for Retail Assets in Q2FY22 fro
Slide 20: Healthy growth in SA deposits led by deepening and premiumisation strategy
Healthy growth in SA deposits led by deepening and premiumisation strategy • Created liability sales vertical in FY20 to have greater outreach and sharper focus on quality of NTB* acquisitions; Branch channel continued • its focus on deepening ETB* relationships • Premiumisation strategy focuses on
Slide 21: Rs 3.5 trillion Retail loan book well diversified and ~80% secured
Rs 3.5 trillion Retail loan book is well diversified and ~80% secured with significantly high proportion of ETB and salaried customers Higher customer engagement led to broad base growth from ETB relationships Retail book ~ 80% of our retail book is secured Disbursement trends in secured loans (in ₹
Slide 22: Strong traction in disbursements across retail product segments
Strong traction in disbursements across most of the retail product segments Higher customer engagement led to broad base growth from ETB relationships Home loans Loan against Property Car loans 173 153 127 113 145 137 100 100 100 94 84 66 20 20 22 Q4FY20 Q1FY21 Q4FY21 Q1FY22 Q2FY22 Q4FY20 Q1FY21 Q4F
Slide 23: Improved traction in cards acquisition aided by KTB partnerships
We are seeing improved traction in cards acquisition aided by KTB partnerships New Credit Cards acquisition Share of KTB^ sourcing Credit Cards in force (mn) (indexed to 100) 11.7% 11.4% 11.5% 11.4% 11.4%* 23% 298 21% 234 7.51 153 7.15 128 7.14 6% 6.87 6.87 100 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 FY2
Slide 24: Strong QOQ growth of 34% in credit card spends
Strong QOQ growth of 34% in credit card spends • ‘GRAB DEALS’, Axis Bank's exclusive shopping platform has scaled up significantly during the first half of Financial year & has conducted multiple exciting campaigns extending cashback offers upto 45% cashback • GRAB DEALS has seen a steep spike in cu
Slide 25: Growing Acquiring through innovations and integrated approach
We continue to grow Acquiring through innovations and integrated approach Throughput trend & market share Innovations in Acquiring (In ₹ thousand crores) Android PoS: State-of-the-Art terminal loaded with Sep’20 Dec’20 Mar’21 Jun’21 Aug’21 VAS such as Khaata & BQR 12.0% 13.5% 13.4% 14.2% 15.0% • 37%
Slide 26: Leading player in India's Wealth Management space
The Bank is a leading player in India’s Wealth Management space Overall Burgundy Performance* (Mar’17 -Sep’21) AUM 30% Customer Base 21% Touchpoints~ 10% • Overall AUM ₹ 2,58,382 Crores • Burgundy Private AUM ₹ 75,954 Crores * CAGR growth for Mar-17 to Sep-21 period ~ includes RMs, Wealth Specialist
Slide 27: Strong and well diversified distribution network
We have a strong and well diversified distribution network Domestic branch network* Branch presence across categories Axis Virtual Centre 4,594 4,679 4,528 16% 4,050 30% 5 mn 6 Customer Centers connect ^ 31% 1500 Virtual RMs 23% Mar-19 Mar-20 Mar-21 Sep-21 * Includes extension counters Metro Urban S
Slide 28: Corporate & Commercial Banking
Corporate & Commercial Banking 1% 18% 32% YOY growth in YoY growth in YoY growth in corporate advances CBG* advances Mid Corporate book 35% 86% 93% Share of short Share of corporate Incremental sanctions term loans to overall advances to clients to A-and above** corporate loans rated A-and above 18%
Slide 29: Relationship led franchise driving synergies across One Axis entities
Strong relationship led franchise driving synergies across One Axis entities We have re-oriented the organisation structure in Corporate & Commercial Banking for delivering execution excellence • Segregated the responsibilities of coverage and product groups to ensure sharper focus • Corporate & Com
Slide 30: Better rated originations focused on short term loans
…with better rated originations and focussed on short term loans All figures in ₹ Crores Incremental sanctions to corporates 86% of the book is rated A- or better rated A- & above 18% 17% 15% 14% 61% of sanctions were to those rated AA- & above 95% 95% 94% 93% 82% 83% 85% 86% FY19 FY20 FY21 Q2FY22 M
Slide 31: Overseas corporate loan book is 97% India linked
Overseas corporate loan book is 97% India linked • The Bank’s International strategy is to focus on Indian corporates that have global operations • We have consolidated our overseas business through branches in Dubai, Singapore and Gift City, India • Gift City IBU1 has grown strongly as we continue
Slide 32: Strengthened proposition as a Transaction Bank
We have strengthened our proposition as a Transaction Bank Current Account Greenwich Service Excellence 2021 18% YOY growth in Current Account quarterly for Large Corporates and Middle Markets – Knowledge of average Balances (Q2FY22) Transaction Banking needs Foreign LC Market Share Digital Adoption
Slide 33: Well placed to benefit from a vibrant Corporate Bond market
We remain well placed to benefit from a vibrant Corporate Bond market All figures in ₹ Crores Placement & Syndication of Debt Issues Movement in corporate bonds Amount mobilized / arranged^ Market share and Rank* 38,642 36,915 34,904 1st 31,183 32,190 1st 17,975 18% 18% 16,382 16% 16% 14% 20.6% 19.0
Slide 34: Industry-wise Distribution (Top 10)
Industry-wise Distribution (Top 10) All figures in ` Crores Outstanding1 as on 30th Sep’21 Total Rank Advances Investments Non-fund based Sectors Value (in % terms) 1. Financial Companies2 54,490 23,402 16,683 94,575 12.21% 2. Engineering & Electronics 12,025 2,601 26,299 40,925 5.28% 3. Infrastruct
Slide 35: Business Performance: Commercial Banking
Business Performance Commercial Banking
Slide 36: Commercial Banking benefitting from technology led transformation
Commercial Banking business benefitting from technology led transformation • One of the most profitable segments of the Bank with high PSL coverage • Data driven credit decisions, minimal documentation, simplified products and digitized operations aiding higher business growth CBG Current Account CB
Slide 37: SME lending book well diversified, 96% secured
SME lending book is well diversified, 96% of SME book is secured and predominantly working capital financing Book by Loan size Well diversified Geographical mix Well diversified Sectoral mix 12% 15% 2% 23% 16% 16% 4% 31% 4% 9% 10% 4% 18% 4% 11% 9% 5% 11% 26% 19% 5% 20% 9% 8% 8% Less than 5 Cr 5 cr t
Slide 38: Digital Banking – Axis Bank's silent revolution
Digital Banking – Axis Bank’s “silent revolution” ~77% 76% 71% 67% 55% 48% 4.6 Credit cards Digitally active New SA Fixed deposits PL disbursed** New MF SIP Mobile App issued** customers acquisition* opened (H1FY22) sales (H1FY22) ratings D2C products (Q2FY22) (Q2FY22) Services on 250+ Market share
Slide 39: Digital strategy aligned with our GPS strategy
Our digital strategy is aligned with our GPS strategy A B C Reimagine Customer Transform Build Future-ready Proposition the Core Capabilities Digital-first products Ops excellence & institutionalization of Data architecture 3.0; moving embedding design thinking data & tech enabled operating rhythm b
Slide 40: New products driven by our OPEN philosophy
We continue to introduce and scale new products driven by our OPEN philosophy Our product portfolio New launches Buy Now Paylater GrabDeals Cards lifecycle Auto loan O/W Remittance Digital Gold Insurance 2.0 ODFD 0-based redesign; Ecosystems capable; Numbers, Numbers, Proprietary in-house customer c
Slide 41: Combination of approaches for the digital ecosystem
We are adopting a combination of approaches for the digital ecosystem Build our own capabilities, partner with FinTechs where there is complementarity and invest in areas that have adjacencies Quarterly Results Q2 FY22 39
Slide 42: Twin-engine approach to upgrade legacy IT stack
A twin-engine approach to upgrade legacy IT stack to make it digital ready and build a best-in-class end-to-end digital stack Twin Engine Approach Build Digital Modernize the Core New age digital platforms Upgrade of Tech-stack Cloud first Focus on modernizing the core, resiliency, sustainab
Slide 43: Moving to Data Architecture 3.0
We are moving to Data Architecture 3.0 Data Stack 3.0 - Cloud Big data clusters developed on Hadoop with PetaByte scale data Streaming Analytics Data Science 150+ use cases deployed across credit, fraud, marketing analytics on cloud BI ML decisioning platform Multiple machine learning based credit m
Slide 44: Investing heavily in building capabilities
We are investing heavily in building capabilities 1 Building the right talent 2 Enabling the team through technology • ~ 1000 people dedicated to digital agenda • Fully cloud ready: new customer facing applications as cloud native • ~77% new hires from non-banking background • CI-CD pipeline in plac
Slide 45: Strong market share in Mobile Banking
We continue to have strong market share in Mobile Banking Axis Mobile is amongst the highest ranked Banking app on Apple Store (rating of 4.6) & Google Play Store (4.5) and offers 250+ DIY services Mobile Transactions Market Share by Volumes Axis Bank Mobile Banking Spends (in Cr) and Volumes (in Mn
Slide 46: Axis Bank – Pioneer in the UPI Ecosystem
Axis Bank – Pioneer in the UPI Ecosystem Powering all major UPI TPAPs – Google Pay, PhonePe, Amazon, A world of features offered on Axis UPI Whatsapp Money Transfers to Friends & Family Processing nearly 560 million+ monthly transactions as Payer PSP Shopping & Merchant Payments Online Acquiring mor
Slide 47: UPI has scaled up to become a key channel
UPI has scaled up tremendously to become a key channel for customer transactions We have developed best-in-class UPI stack that enables us to offer cutting edge customized solutions across SDK, Intent, Collect and Pay offerings apart from new use cases like UPI AutoPay Dedicated IT cloud infrastruct
Slide 48: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 46
Slide 49: GNPA lowest in last 20 quarters, healthy provision cover
GNPA lowest in last 20 quarters, healthy provision cover, net slippages decline 82% QoQ GNPA & NNPA GNPA 3.53% & NNPA 1.08% 4.55% 4.28% 3.70% 3.85% Corporate Total 3.53% Retail SME 51%^ 74%^ 80%^ 70%^ 5.28% 2.23% 3.29% 3.53% 1.03% 1.19% 1.05% 1.20% 1.08% 1.11% 0.87% 1.09% 1.08% Q2FY21* Q3FY21* Q4FY2
Slide 50: Limited restructuring, largely secured and well provided
Limited restructuring, largely secured and well provided; Declining BB & Below Book All figures in ₹ Crores Bank’s Net NPA* and Fund based BB and Below* portfolio Update on restructured book Outstanding Covid (1+2) Implemented Invoked pending Total PCR (excluding technical write offs) at 70%; net NP
Slide 51: Detailed walk of NPAs over recent quarters
Detailed walk of NPAs over recent quarters All figures in ₹ Crores Q2FY21^ Q3FY21^ Q4FY21 Q1FY22 Q2FY22 Gross NPAs - Opening balance A 29,560 27,472 29,046 25,315 25,949 Fresh slippages B 1,750 7,993 5,285 6,518 5,464 Upgradations & Recoveries C 2,026 2,162 3,463 2,543 4,757 Write offs D 1,812 4,257
Slide 52: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 50
Slide 53: Reshaping Work and the Workplace: Key highlights
Reshaping Work and the Workplace Accessed new talent pools in hiring Since the launch of GIG-A-OPPORTUNITIES in 13 months 44% 46% 53% Significant traction in alternate models – 20% of Women Non-Metro Non-Banking employees in alternate formats Key highlights Axis group emerged as a leader in employee
Slide 54: ESG a Bank-wide Agenda
ESG a Bank-wide Agenda Our Purpose Statement: Banking that leads to a more inclusive and equitable economy, thriving community and a healthier planet ESG a Board-level agenda Axis Bank issues USD 600 mn • Axis Bank becomes the first Indian Bank to constitute an ESG Sustainable AT1 Notes Committee of
Slide 55: Commitments towards Positive Climate Action and SDGs
Axis Bank Announces Commitments towards Positive Climate Action and the Sustainable Development Goals • Positive Impact Financing • Incremental financing of `30,000 crores for positive-impact sectors by FY26 • Making 5% of Retail Two-Wheeler loan portfolio as electric by FY24, offering 0.5% interest
Slide 56: Positive Outcomes and Impact Across the ESG Spectrum
Positive Outcomes and Impact Across the ESG Spectrum Key sustainability performance highlights Sustainable Banking and Finance Banking • Corporate Lending Portfolio of ~ Rs 9,750 Crores in green sectors as on 31st March 2021 • 37 funding proposals assessed under Sustainable Lending Policy and Proced
Slide 57: Positive Outcomes and Impact Across the ESG Spectrum
Positive Outcomes and Impact Across the ESG Spectrum Key sustainability performance highlights Corporate Social Responsibility • ~ 0.7 million reached under the Financial Literacy Program from April – September 2021 • 0.98 million households reached under Axis Bank Foundation’s Mission 2 Million, as
Slide 58: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 56
Slide 59: Significant value creation in key group entities
Significant value creation happening in our key group entities Detailed One Axis presentation Link Invst Banking Consumer Retail Fintech Asset Management Trustee TReDS platform Insurance & Inst Equities focused NBFC Brokerage platform One of the fastest Leadership position in AAA rated NBFC with 3rd
Slide 60: Axis AMC: Strong performance, AUM growth of 52% YOY
Axis AMC : Strong performance, AUM growth of 52% YOY, PAT up 60% YOY All figures in ₹ Crores Overall QAAUM Equity QAAUM 48% CAGR* 57% CAGR* 1,36,893 2,38,177 82% YOY 52% YOY 1,96,549 98,822 1,56,255 75,409 1,38,402 61,968 89,720 44,486 Mar-19 Mar-20 Mar-21 Sep-20 Sep-21 Mar-19 Mar-20 Mar-21 Sep-20 S
Slide 61: Axis Capital: Go to Banker for India Inc
Axis Capital : Go to Banker for India Inc H1FY22 Ranking* (includes IPO, FPO, QIP, REIT, InvIT, OFS & Rights) Major Highlights Rank Banker No of Deals* • 31 IB transactions were completed in H1FY22 that include 13 IPOs, 7 QIPs, 2 OFS, 1 Rights issue and 3 PE advisory deals among others 1 Axis Capita
Slide 62: Axis Finance: Poised for growth, PAT grew 84% YOY
Axis Finance : Poised for growth, PAT grew 84% YOY All figures in `₹ Crores Growth in loan book Major Highlights 19% CAGR** • 20% Capital adequacy ratio 61% YOY 12,490 • 18.5% overall ROE for Q2FY22 10,259 • 5 times YOY growth in Retail book 8,040 7,704 7,766 • 36% YOY growth in Wholesale loan book
Slide 63: Axis Securities: Strong performance in H1FY22
Axis Securities : Strong performance in H1FY22 with 68% growth in revenue Total customer base (in mn) Axis Securities had acquired nearly 1 mn Karvy’s trading accounts 58% YOY Major Highlights in Q4FY21, making Axis Securities as the 3rd largest bank led 27% CAGR* retail brokerage in terms of custom
Slide 64: A.TREDS: Invoicemart setting a new benchmark in TReDS
A.TREDS: Invoicemart setting a new benchmark in TReDS A.TREDS is one of the three entities allowed by RBI to set up the Trade Receivables Discounting System (TReDS), an electronic platform for facilitating cash flows for MSMEs The TReDS platform connects MSME sellers and their corporate buyers to mu
Slide 65: Freecharge: progress in payments led financial services
Freecharge: continues to make progress in its payments led financials services journey; “Buy Now Pay Later” product gaining traction Freecharge Paylater Merchant payment solutions DTH, MOBILE continues to show strong UTILITIES RECHARGES LOANS CARDS CA/SA/FD momentum 4837 4412 Q2 FY22 • Small ticket
Slide 66: Agenda
Executive Summary Financial Highlights Capital and Liquidity Position Business Segment performance Asset Quality Future of Work and Sustainability Subsidiaries’ Performance Other important information Quarterly Results Q2 FY22 64
Slide 67: Differentiated identity among most valuable brands in India
We have created a differentiated identity and are amongst the most valuable Brands in India Featured amongst Top 20 most valuable brands in India Axis Bank Mobile App Store Rating 4.6 2018 Global Rank #14 4.5 vs. #32 in 2017 People’s Choice Among 42 leading banks worldwide Quarterly Results Q2 FY22
Slide 68: Major awards won by the Bank and its subsidiaries
Major awards won by the Bank and its subsidiaries ‘Most Recommended Retail Ranked no 1 in Corporate Financial Inclusion Initiative of Bank in India’ and ‘Most Helpful Banking Quality in India the Year – India Best Digital Bank India 2021 Bank during Covid-19 in India’ Best Data Analytics Project Awa
Slide 69: Shareholding Pattern (as on September 30, 2021)
Shareholding Pattern (as on September 30th, 2021) Others 11.37% SUUTI GDR's 1.52% 2.47% General Insurance Corp & other promoters 1.85% Life Insurance Corporation Foreign Institutional Investors 7.98% 50.11% Indian Institutions 24.70% ➢ Share Capital `613 crores ➢ Shareholders’ Funds `107,083 crores
Slide 70: Financial Performance
Financial Performance Financial Performance (` crores) Q2FY22 Q2FY21 % Growth H1FY22 H1FY21 % Growth Interest Income A 16,336 15,981 2% 32,339 32,426 - Other Income B = C+D+E 3,798 3,569 6% 7,157 5,794 24% - Fee Income C 3,231 2,752 17% 5,899 4,404 34% - Trading Income D 473 740 (36%) 1,029 1,229 (1
Slide 71: Impact of changes on P&L line items pursuant to RBI Master Direction
Impact of changes on P&L line items pursuant to RBI Master Direction Rs. in crores except % P&L line item Regrouped numbers post Without effect of Post regrouping Without regouping Impact on Impact on RBI Master Direction regrouping YoY QoQ growth growth Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 YOY
Slide 72: Financial Performance ($ mn)
Financial Performance Financial Performance ($ mn) Q2FY22 Q2FY21 % Growth H1FY22 H1FY21 % Growth Interest Income A 2,201 2,153 2% 4,357 4,368 - Other Income B = C+D+E 512 481 6% 964 781 24% - Fee Income C 435 371 17% 795 593 34% - Trading Income D 64 100 (36%) 139 166 (16%) - Miscellaneous Income E
Slide 73: Balance Sheet
Balance Sheet Balance Sheet As on 30th Sep’21 As on 30 Sep’20 As on 30th Sep’21 As on 30th Sep’20 % Growth CAPITAL AND LIABILITIES In ` Crores In ` Crores in $ Mn in $ Mn Capital 613 612 83 82 0.21% Reserves & Surplus 1,06,470 97,052 14,343 13,074 10% Employee Stock Option Outstanding (net) 82 - 11
Slide 74: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “futu
Slide 75: Thank You
Thank You Quarterly Results Q2 FY22 73