Bank Of Maharashtra · NSE:MAHABANK
Bank Of Maharashtra — Q3 FY2022 Earnings Presentation
48 slides from Bank Of Maharashtra's earnings presentation, Jan 20, 2022
Slide 1: Press Release and Presentation cover letter
@@p atite HER Bank of Maharashtra UT VER wT Toe oa afar vos das AX1/ISD/STEX/2021-22 Date: 20.01.2022 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
Slide 2: Press Release: Results at a Glance
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in PRESS RELEASE Date: 20th Jan, 2022 FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31st Dec 2021 Results at a Glance Quarter ended Dec-21 vis a vis Quarter ended Dec-20 Total Business grew by 18.27%
Slide 3: Profitability (Quarter and Nine Months Ended Dec 2021)
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Profitability (Quarter Ended Dec 31st ,2021) Net Profit up by 110.70% to ₹ 325 in Q3FY22 on Y-o-Y basis as against ₹ 154 crore for Q3FY21. The same is up by 23.12% on a Q-o-Q sequential basis. Operating P
Slide 4: Nine-month revenues and assets & liabilities
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Net Revenues (Net Interest income plus other income) for nine months ended 31.12.2021 improved by 33.79 from ₹ 4,905 crore for nine months ended 31.12.2020 to ₹ 6,563 crore for nine months ended 31.12.2021.
Slide 5: Capital Adequacy and Asset Quality
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Capital Adequacy: Total Basel III Capital adequacy ratio improved to 14.85% with Common Equity Tier 1 ratio of 10.61% for Q3FY22. Liquidity Coverage Ratio at 210.01 %, well above the regulatory requiremen
Slide 6: Profitability, Top Line Business and Balance Sheet
Head Office, Lokmangal 1501, Shivaji Nagar, Pune 411 005 020- 25614324 media@mahabank.co.in Profitability (₹ in crore) Quarter Ended Change (%) Particulars Dec 20 Sep 21 Dec 21 Y-o-Y Q-o-Q Total Income 3,582 4,039 3,893 8.70 (3.61) Total Expenses 2,675 2,639 2,731 2.09 3.46 Operating Profit 907 1,40
Slide 7: Financial Results
FINANCIAL RESULTS Quarter/Nine Months Ended Dec’31, 2021 1 www.bankofmaharashtra.in /mahabank
Slide 8: Major Financial Highlights
Major Financial Highlights (Y-o-Y) (Q: Dec’21 vis-à-vis Q: Dec’20) Net Profit Grew By Operating Profit 111 % to Rs. 325 Increased By 28 % Crore Cost Of Deposit Cost To Income Ratio Reduced By 40 Improved To 45.63 % Basis Points Net NPA Provision Coverage Ratio Reduced to 1.24 % Improved to 93.77% 2
Slide 9: Business Performance
Business Performance (Y-o-Y) (Q: Dec’21 vis-à-vis Q: Dec’20) 23 % 19% 10% 24 % Gross Advances Retail Agriculture MSME 12 % 15 % 18 % 55 % Net Investments Total Deposit Saving Deposit Current Deposit 3 www.bankofmaharashtra.in /mahabank
Slide 10: Profitability
Profitability ( ₹ In Crore ) Quarter Ended Nine Months Ended Operating Profit Operating Profit 1,500 4,000 1,000 3,000 1,400 3,669 1,162 2,000 500 907 2,419 1,000 0 0 Dec 20 Sep 21 Dec 21 Dec 20 Dec 21 Net Profit Net Profit 300 800 200 600 325 796 264 400 100 154 385 200 0 0 Dec 20 Sep 21 Dec 21 Dec
Slide 11: NII & NIM (%)
NII & NIM (%) ( ₹ In Crore ) Quarter Ended Nine Months Ended Net Interest Income Net Interest Income 1,800 4,500 1,500 4,000 1,200 3,500 4,432 1,383 1,406 1,500 1,527 1,306 3,000 3,514 900 600 2,500 Dec 20 Mar'21 Jun`21 Sep 21 Dec 21 Dec 20 Dec 21 Net Interest Margin (%) Net Interest Margin (%) 3.5
Slide 12: Statement of Income and Expense
Statement of Income and Expense ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) Dec`20 Dec`21 Y-o-Y(%) Total Income 3,582 4,039 3,893 8.70 10,162 11,723 15.37 Interest Income 3,007 3,207 3,282 9.15 8,771 9,593 9.37 Non-Interest Income 575 832 611 6.35 1,391
Slide 13: Interest Earnings
Interest Earnings Quarter Ended ( ₹ In Crore ) Nine Months Quarter Ended Half Year EndedEnded 3,500 3,207 3,282 12,000 3,098 3,104 3,007 3,000 10,000 9,593 8,771 2,500 8,000 2,000 6,000 1,500 4,000 1,000 2,000 500 0 0 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Interest on Advances 1,878 1,877
Slide 14: Non-Interest Income
Non-Interest Income ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) Dec`20 Dec`21 Y-o-Y(%) Fee Based Income 286 303 305 6.51 712 861 20.86 Treasury Income 211 113 114 (45.80) 511 528 3.36 Miscellaneous Income 77 415 192 148.11 167 741 343.00 Non-Interest Inc
Slide 15: Interest Expense
Interest Expense Quarter Ended Quarter Ended ( ₹ In Crore ) Nine Months Ended Quarter Ended Half Year Ended 1,800 5,300 5256 1,755 5,200 5161 1,750 1,715 1,708 1,701 1,698 5,100 1,700 5,000 1,650 4,900 1,600 4,800 1,550 4,700 1,500 4,600 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Other Interes
Slide 16: Operating Expense
Operating Expense Quarter Ended ( ₹ In Crore ) Nine Months Ended 1,200 3,500 1,078 974 987 976 2894 1,000 932 3,000 2486 2,500 800 2,000 600 1,500 400 1,000 200 500 0 0 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Staff Expense 624 694 497 567 524 Staff Expense 1561 1588 Other Operating Expense
Slide 17: Other Operating Expense
Other Operating Expense ( ₹ In Crore ) Quarter Ended Nine Months Ended Expenditure Item (Excluding Staff Exp.) Dec`20 Sept`21 Dec`21 Dec`20 Dec`21 Rent, taxes, lighting 55 47 57 161 169 Insurance 50 55 55 146 167 Depreciation on fixed assets 48 74 56 138 171 Repairs & Maintenance 47 42 52 111 142 Po
Slide 18: Provisions & Contingencies
Provisions & Contingencies ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Dec`20 Dec`21 Prov for Non Performing Assets 386 922 587 837 2,010 Prov for Standard/Restructured Assets 91 22 141 562 420 Prov for Non-performing Investment 44 (0) 96 161 95 Other provisions
Slide 19: Key Financial Ratios
Key Financial Ratios Quarter Ended Nine Months Ended 4.5 4.5 4.25 4.09 4.0 3.76 4.0 3.72 3.69 3.84 3.5 3.74 3.5 3.44 3.36 3.0 3.27 3.0 Dec'20 Sep'21 Dec'21 Dec'20 Dec'21 Cost of Deposits (%) Cost of Funds (%) Cost of Deposits (%) Cost of Funds (%) 65 60 50.69 51.79 45.63 44.09 50 45 39.96 35 30 20 1
Slide 20: Key Financial Ratios
Key Financial Ratios Quarter Ended Nine Months Ended 8 7.78 7.47 7.58 7.22 7.33 8 7.50 7.36 7 7 6 6.69 6.54 6 6.78 6.35 6.24 6.20 6.26 5 5 4 4 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Dec'21 Yield on Advances (%) Yield on Investments (%) Yield on Advances (%) Yield on Investments (%) 8 8 7 6.62 6.5
Slide 21: Assets & Liabilities – An Overview
Assets & Liabilities – An Overview (As on date) (₹ In Crore) Liabilities Dec`20 Sept`21 Dec`21 Capital 6,560 6,731 6,731 Reserves and Surplus 5,411 6,278 6,603 Deposits 1,61,971 1,81,572 1,86,614 Borrowings 4,765 7,873 16,140 Other Liabilities & Provisions 5,375 5,668 5,258 TOTAL 1,84,082 2,08,122 2
Slide 22: Business Mix
Business Mix (As on date) ( ₹ In Crore ) 3,50,000 3,15,620 2,96,808 3,00,000 2,81,659 2,84,970 2,66,875 2,50,000 2,00,000 1,50,000 1,00,000 50,000 0 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Total Deposit 1,61,971 1,74,006 1,74,378 1,81,572 1,86,614 Gross Advances 1,04,904 1,07,654 1,10,592 1,15,236 1,29,0
Slide 23: CASA Deposit – Healthy & Sustainable Growth
CASA Deposit – Healthy & Sustainable Growth ( ₹ In Crore ) % 1,20,000 56 1,02,732 97,889 55 1,00,000 93,945 92,490 55.05 82,452 54 80,000 53.99 53.91 53 53.04 60,000 52 51 40,000 50.91 50 20,000 49 - 48 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Saving Deposits 68,299 75,402 77,591 77,434 80,815 Current Dep
Slide 24: Investments
Investments (As on date) ( ₹ In Crore ) 80,000 Quarter Ended 72,821 72,285 72,328 68,647 70,000 64,638 60,000 50,000 40,000 30,000 20,000 10,000 - Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 HTM 44,469 47,235 47,943 48,123 47,327 AFS 20,169 21,411 24,877 24,101 25,018 HFT - 1 1 60 -17 Gross Investment 64,638
Slide 25: Credit Portfolio – Balanced Loan Growth
Credit Portfolio – Balanced Loan Growth (As on date) ( ₹ In Crore ) Growth Particulars Dec`20 Sept`21 Dec- 20 Dec`21 Jun-21 Sep -21 Y-o-Y(%) Gross Advances 1,04,904 1,15,236 1,29,006 22.98 of which Retail Sector 27,540 30,480 32,743 18.89 Agriculture Sector 16,467 17,040 18,092 9.87 MSME Sector 20,3
Slide 26: Retail
Retail (As on date) ( ₹ In Crore ) Growth Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) 29.78 Gross Advances 1,04,904 1,15,236 1,29,006 22.98 Total Retail Credit 27,540 30,480 32,743 18.89 59.95 6.05 of which Housing 16,813 19,112 19,628 16.74 4.22 Education 1,265 1,325 1,382 9.23 Vehicle 1681 1844 1,9
Slide 27: Agriculture
Agriculture (As on date) ( ₹ In Crore ) Growth Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) 29.00 Gross Advances 1,04,904 1,15,236 1,29,006 22.98 49.61 2.75 Total Agriculture Credit 16,467 17,040 18,092 9.87 3.19 of which 15.44 Farm Credit 11,982 12,188 12,347 3.05 (Crop, Investment & Allied) Crop Loa
Slide 28: MSME
MSME (As on date) ( ₹ In Crore ) 6.55 Growth Particulars Dec`20 Sept`21 Dec`21 Y-o-Y(%) Gross Advances 1,04,904 1,15,236 1,29,006 22.98 30.70 Total MSME Credit 20,304 22,995 25,091 23.58 62.75 of which Micro 11,888 14,752 15,744 32.43 Small 7333 7011 7704 5.07 Medium 1083 1231 1644 51.74 Micro Small
Slide 29: External Rating-wise Advances – Above 25 Cr
External Rating-wise Advances – Above 25 Cr Dec’21 ( ₹ In Crore ) Dec`21 Sept`21 2.51 11.98 Particulars No. of Borrowers O/s Amount % to O/s Amt. No. of Borrowers O/s Amount % to O/s Amt. 19.35 13.59 4.09 11.90 Total Eligible Exposure 258 49,682 100 284 57,984 100 15.71 for External Rating 18.21 17.
Slide 30: Funded Exposure to Selected Sectors & Industries
Funded Exposure to Selected Sectors & Industries (more than 1%) - Dec’ 21 Food Credit 1.02 Commercial Real Estate 1.24 Basic Metal & Metal Product 1.27 All Engineering 1.28 Top 3 selected sectors are Infrastructure, Housing and Education 1.28 Agriculture & Allied Activites Vehicle Loans 1.40 which c
Slide 31: Improved Asset Quality backed by High PCR
Improved Asset Quality backed by High PCR (As on date) ( ₹ In Crore ) Particulars Dec`20 Sept`21 Dec`21 STANDARD 96,832 1,08,833 1,22,901 SUB-STANDARD 520 2,362 2,566 DOUBTFUL 7,050 3,406 3,100 LOSS 503 635 438 Total Advances 1,04,904 1,15,236 1,29,006 1,30,000 1,29,006 1,22,000 1,15,236 1,14,000 1,
Slide 32: Gross & Net NPA (%)
Gross & Net NPA (%) 9 8 7.69 7.23 7 6.35 6 5.56 5 4.73 4 3 2.59 2.48 2.22 2 1.73 1.24 1 0 Dec 20 Mar 21 June 21 Sept 21 Dec 21 Net NPA % Gross NPA % 26 www.bankofmaharashtra.in /mahabank
Slide 33: Provisions Coverage Ratio (%)
Provisions Coverage Ratio (%) 100 92.38 93.77 95 89.55 89.86 90.70 90 85 80 75.04 75 70.50 70 68.31 67.57 66.79 65 60 55 50 Dec 20 Mar 21 Jun 21 Sept 21 Dec 21 Provision Coverage Ratio [%] (including TWO) Provision Coverage Ratio [%] (excluding TWO) 27 www.bankofmaharashtra.in /mahabank
Slide 34: Movement of NPA
Movement of NPA ( ₹ In Crore ) Quarter Ended Nine Months Ended Particulars Dec`20 Sept`21 Dec`21 Dec`20 Dec`21 Opening Level of Gross NPAs 9,105 7,022 6,403 12,152 7,780 Total Reductions 1049 1,236 1,024 4,233 3,376 of which : Recovery + 275 645 500 927 1,290 Upgradation Gross Addition 16 618 726 15
Slide 35: Sector-wise Credit Deployment & NPA
Sector-wise Credit Deployment & NPA ( ₹ In Crore ) Dec`20 Sept`21 Dec`21 Sector Sector Sector Sector Sector Sector Particulars Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Retail 27,540 659 2.39 30,480 503 1.65 32,743 429 1.31 Agriculture 16,467 3,340 20.28 17,040 3,258 19.12 18,092 3
Slide 36: Retail Sector - NPA
Retail Sector - NPA (As on date) ( ₹ In Crore ) Dec`20 Sept`21 Dec`21 Sector Sector Sector Sector Sector Sector Particulars Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Total Retail Credit 27,540 659 2.39 30,480 503 1.65 32,743 429 1.31 of which Housing 16,813 527 3.14 19,112 332 1.74
Slide 37: MSME Sector - NPA
MSME Sector - NPA (As on date) ( ₹ In Crore ) Dec`20 Sept`21 Dec`21 Sector Sector Sector Sector Sector Sector Particulars Advance NPA NPA (%) Advance NPA NPA (%) Advance NPA NPA (%) Total MSME Credit 20,304 2,059 10.14 22,995 1,892 8.23 25,091 1,653 6.59 of which Micro 11,888 1,078 9 14,752 1,221 8
Slide 38: Special Mention Account
Special Mention Account (As on date) ( ₹ In Crore ) Particulars Dec`20 Mar`21 Jun`21 Sept`21 Dec`21 SMA 1 6,206 2,735 2,624 3,212 3,634 SMA2 3,767 891 963 1,276 1,672 Total 9,973 3,626 3,587 4,487 5,306 5.92 6.0 4.5 3.59 2.54 2.79 2.82 3.0 2.37 1.11 1.30 1.5 0.83 0.87 0.0 Dec'20 Mar'21 Jun'21 Sep'21
Slide 39: Restructuring of Std. Advances
Restructuring of Std. Advances Quarter Ended ( ₹ In Crore ) As on Date 1,400 7,000 6,611 1,181 5,996 1,200 6,000 1,000 5,000 858 800 4,000 600 450 3,000 400 2,000 1,602 200 1,000 - - Dec'20 Sep'21 Dec'21 Dec'20 Sep'21 Dec'21 Corporate - - 99 Corporate - 1,019 1,117 MSME 268 622 263 MSME 901 2,390 2,
Slide 40: Restructuring of Advances
Restructuring of Advances ( ₹ In Crore ) Sector-wise COVID Restructuring under RP 1.0 as on 31.12.2021 RP Invoked RP Implemented (as on 31.03.21) RP Implemented (as on 30.06.21) RP Implemented (as on 30.09.21) RP Implemented (as on 31.12.21) Sector Amount Std % to % to Total Amount % to % to Total A
Slide 41: Capital Adequacy
Capital Adequacy 16 14.85 14.49 14.46 14.67 Bank has raised Rs. 1000 13.65 Crore, Tier-2 Bond from 14 3.52 3.46 3.29 4.24 LIC in the month of 12 3.11 October 2021. 11.5 10 9.5 8 6 11.38 10.54 10.97 11.00 10.61 Bank has raised capital 4 of Rs. 403.70 crore through QIP in July 2021 2 @Rs. 23.70 per sh
Slide 42: Digital Footprints (in Mio)
Digital Footprints (in Mio) (As on date) ATM Card Base E-transaction (%) 11.7 12 95.6 96 11.0 11 10.0 94.7 95 9.6 94.0 94.2 93.9 10 9.0 94 9 8 93 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 ATMs (Actuals) Internet Banking Users 2100 2,023 1.8 1,990 1.9 2000 1,950 1,922 1.7
Slide 43: Digital Footprints (in Mio)
Digital Footprints (in Mio) (As on date) Mobile Banking Users UPI/BHIM Users 2.0 1.8 1.7 1.6 1.6 1.8 1.6 1.5 1.6 1.5 1.6 1.5 1.4 1.5 1.4 1.2 1.4 1.2 1.4 1.0 1.3 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Mobile Banking Transactions UPI/BHIM Transactions 241.8 1.5 1.4 250 1
Slide 44: Financial Inclusion (in Mio)
Financial Inclusion (in Mio) (As on date) No. of PMJDY Accounts No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 7.06 7.2 6.96 4 3.11 3.13 3.28 3.34 7 6.81 6.82 6.68 3.5 6.8 2.38 3 6.6 2.5 6.4 2 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 Dec'20 Mar'21 Jun'21 Sep'21 Dec'21 No. of policies iss
Slide 45: Equity Holding (%) & Ratios
Equity Holding(%) & Ratios 0.36% 4.72% 0.08% 0.25% As on Quarter Ended 3.62% Particulars Dec`20 Sept`21 Dec`21 No. of Share (crore) 656.00 673.05 673.05 Networth (Rs in crore) 7,794 9,280 9,627 Book Value per share 11.88 13.79 14.30 90.97% Return on Equity (%) 7.91 11.45 13.49 Govt of India Banks/ F
Slide 46: Products & Services
Products & Services 40 www.bankofmaharashtra.in /mahabank
Slide 47: Awards
Awards 41 www.bankofmaharashtra.in /mahabank
Slide 48: www.bankofmaharashtra.in /mahabank
42 www.bankofmaharashtra.in /mahabank
Bank of Maharashtra — Q3 FY2022 Earnings Presentation on 6ix