Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q2 FY2012 Earnings Presentation
17 slides from Dhanlaxmi Bank's earnings presentation, October 2011
Slide 1: Dhanlaxmi Bank
DhanlaxmiBank { established 1927 “
Slide 2: Financial Results for the quarter ended September 30, 2011
Financial Results for the quarter ended September 30, 2011 October 2011
Slide 3: Snapshot for the quarter
Snapshot for the quarter Total asset base rose to Rs.165 billion as at September 30, 2011 Capital adequacy as at September 30, 2011 o As per Basel II- 10.70% with a Tier-I ratio of 8.73% Employee strength rose to 4,779 as on September 30, 2011 from 4,744 as at June 30, 2011 Provision coverag
Slide 4: Financials
% Financials Dhanlaxm Ban
Slide 5: Balance Sheet
Balance Sheet (Rs. in Crores) 30-Sep-11 30-Jun-11 Q-o-Q growth 30-Sep- 10 Y-o-Y growth Capital 85 85 0% 85 0% Reserves 766 762 0.6% 743 3% Deposits 13,815 12,904 7% 9,497 45% Borrowings 1,285 884 45% 555 131% Other Liabilities 501 400 25% 533 (6%) Total 16,452 15,035 9.4% 11,413 44% Cash / bank bala
Slide 6: Deposits - Advances Growth Better Than the Industry
Deposits - Advances Growth Better Than the Industry 90% 76.3% 77.0% 81.1% 80% 81.5% 75.5% 70% 76.5% 68.7% 60% 56.6% 52.7% 66.6% 50% 42.8% 52.8% 44% 40% 45% 30% 24.1% 22.0% 21.4% 17.1% 19.1% 20.1% 21.4% 20% 18.5% 19% 17.0% 15.1% 14.2% 16.2% 10% 15.8% 0% Mar-10 June-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-
Slide 7: Deposits
Deposits (Rs. in Crores) 30-Sep-11 30-Jun-11 Q-o-Q growth 30-Sep-10 Y-o-Y growth Current Deposits 1,265 1,536 (18%) 841 50% Saving Deposits 1,452 1,331 9% 1,206 20% CASA 2,717 2,867 (5%) 2,047 33% CASA (%) 19.67% 22.2% 21.55% Term Deposits 11,098 10,037 11% 7,450 49% Total 13,815 12,904 7% 9,497 45%
Slide 8: Business Mix
Business Mix As at September 30, 2011 As at September 30, 2010 WBG Retail 31% WBG 35% Retail 40% 52% TAG 14% TAG As at June 30, 2011 21% Agri 4% Agri 3% WBG Retail 36% 46% TAG 15% Agri 3% 8
Slide 9: Profit and Loss Statement
Profit and Loss Statement (Rs. in Crores) 30-Sep-11 30-Jun-11 Q-o-Q growth 30-Sep-10 y-o-y growth Interest income 366.1 315.6 16.0% 192.4 90.3% Interest expenses 298.2 251.8 18.4% 139.7 113.5% Net interest income 67.9 63.8 6.4% 52.7 28.8% Non Interest income 44.4 54.9 (19.1%) 36.8 20.7% Operating ex
Slide 10: Net Interest Income
Net Interest Income Q-o-Q (Rs. in Crores) Q2 FY12 Q1 FY12 Q2 FY11 Y-o-Y growth growth Interest income 366.1 315.6 16.0% 192.4 90.3% from Advances 281.9 251.5 12.1% 142.1 98.4% from Investments 83.6 63.1 32.6% 48.5 72.3% Others 0.5 1 (45.5%) 1.8 (69.1%) Interest expenses 298.2 251.8 18.4% 139.7 113.5
Slide 11: Trend in Operating Expenses
Trend in Operating Expenses 120 112 108 104 100 89 45 77 50 43 80 70 (Rs. in Crores) 35 64 28 60 53 30 44 29 40 23 29 31 32 18 28 67 25 58 61 14 49 54 12 13 14 20 12 40 30 35 26 16 17 17 18 13 0 Q1-09 Q2-09 Q3-09 Q4-09 Q1-10 Q2-10 Q3-10 Q4-10 Q1-11 Q2-11 Q3-11 Q4-11 Q1-12 Q2-12 Staff Cost Others 11
Slide 12: Key Ratios (%)
Key Ratios (%) Q2- FY2012 Q1- FY2012 Q2- FY2011 73.34 74.97 74.31 Credit - Deposit ratio 2.03 1.68 0.78 Return on Equity 0.11 0.09 0.20 Return on Assets Sept 30, 2011 Jun 30, 2011 Sept 30, 2010 Gross NPAs (Rs. in crores) 56.00 61.46 89.71 Net NPAs (Rs. in crores) 17.50 21.84 50.41 Basel I Capital ad
Slide 13: Trends in Net Interest Margin
Trends in Net Interest Margin 12% 11.36% 11.20% 11.15% 10.6% 10.4% 9.9% 10.0% 9.7% 10% 9.3% 8.02% 7.83% 8% 6.9% 6.90% 6.4% 6.4% 6.6% 6.2% 6.5% 6% 4% 2.7% 3% 2.5% 2.6% 2.4% 2.6% 1.9% 2.01% 2.15% 2% 0% Q2 - FY2010 Q3 - FY2010 Q4 - FY2010 Q1 - FY2011 Q2 - FY2011 Q3 - FY2011 Q4-FY2011 Q1-FY2012 Q2-FY201
Slide 14: Asset Quality
Asset Quality 2.5% 2.0% 1.92% 1.73% 1.76% 1.54% 1.5% 1.41% 1.26% 1.05% 0.96% 1.0% 0.86% 0.89% 0.84% 0.76% 0.71% 0.74% 0.52% 0.63% 0.55% 0.5% 0.30% 0.23% 0.17% 0.0% June-09 Sep-09 Dec-09 Mar-10 June-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Net NPA Ratio Gross NPA Ratio Provision coverage ratio stands
Slide 15: Nearly 68,000 Shareholders form Part of the Dhanlaxmi Family
Nearly 68,000 Shareholders form Part of the Dhanlaxmi Family Shareholding Pattern as at September 30, 2011 Banks / Financial Institutions 0.2% Others * 2.2% Non Resident Indians 6.0% Corporate Bodies Resident 17.7% Individuals 39.0% Foreign Institutional Investors 35.0% * Includes insurance companie
Slide 16: Business Strategy Focus on 3Ps: Profitability
Business Strategy 1 Focus on 3Ps: Profitability Productivity Profit per customer 2 Incremental asset creation in the retail and SME segments 3 Enhancing income from distribution of third party products 4 Increase in retail and low cost liabilities franchise 5 Growth in Non fund income 16
Slide 17: Thank You
Thank You DhanlaxmiBan