Dhanlaxmi Bank Ltd · NSE:DHANBANK
Dhanlaxmi Bank — Q3 FY2023 Earnings Presentation
25 slides from Dhanlaxmi Bank's earnings presentation, December 2022
Slide 1: Investor Presentation Q3 – FY 2022-23
Investor Presentation Q3 – FY 2022-23 Trusted by 2 million Customers and 98 Thousand Investors
Slide 2: Performance Highlights
Performance Highlights Performance Highlights YoY: ✓ Operating Profit increased to Rs. 84.64 crore from Rs.70.68 crore. ✓ Net Interest income improved to Rs 360.60 Crs from Rs. 265.89 Crs ✓ Total business of the Bank reached Rs. 22183 Crore from Rs. 19652 Crore (12.88% growth) ✓ Deposits recorded a
Slide 3: Business Progress
BUSINESS PROGRESS BUSINESS PROGRESS ₹. in Crore 21857 22183 20847 17703 18834 17307 17239 8444 9109 9244 6387 6636 6799 7122 10920 10603 10904 11712 12403 12748 12939 31.03.2018 31.03.2019 31.03.2020 31.03.2021 31.03.2022 30.09.2022 31.12.2022 DEPOSIT GROSS ADVANCE TOTAL BUSINESS Investor Presentati
Slide 4: Key Revenue Parameters
Key Revenue Parameters Net Interest Income ₹. in Crore ₹. in Crore 117.30 126.86 Other Income 116.44 68.67 95.74 96.43 34.53 35.91 22.76 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3FY23 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 -21.55 Operating Profit ₹. in Crore Net Profit ₹. in Crore 63.62 23.42 21.73 54.3 15
Slide 5: Key Ratios
Key Ratios Net Interest Margin Cost to Income Ratio 3.64 3.58 3.65 105.24 2.94 3.00 87.09 80.71 78.72 74.73 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3FY23 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3FY23 Capital Adequacy Ratio Return on Assets 13.13 0.10 12.98 12.5 12.32 0.27 12.19 0.13 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY2
Slide 6: Key Indicators
Key Indicators Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Book Value(Rs.) 34.65 35.57 34.53 35.16 36.01 Investor Earnings EPS (Rs.) 0.49 1.42 (1.04) (0.42) 0.44 % of CASA + Core Deposits Retail Deposit 84% 85% 83% 84% 82% RoA % 0.13 0.27 (0.76) (0.15) 0.10 Profitability (Annualized) RoE % 1.89 3.99 (12
Slide 7: Asset Quality – Rating Distribution
Asset Quality – Rating Distribution Rating Profile of Corporate Loan Book External Rating of Corporate Advances Unrated, AAA, 11% Q3- FY 22-23 Rating Q2 FY23 Q3 FY23 11% AAA 12% 11% AA, 11% AA 13% 11% <BBB, 25% A 18% 21% BBB 20% 20% A, 21% <BBB 25% 25% BBB, 20% Unrated 12% 11% AAA AA A BBB <BBB Unra
Slide 8: Comparison: Y-o-Y
Comparison : Y-o-Y Gross Advance Corporate MSME Agri & Micro Retail Advance 22% 20% 53% 13% 16% ₹. ₹. in Crore in Crore 7551 - 9244 2163 - 2602 1148 - 1754 762 - 860 3479 - 4028 Total Deposit Bulk Deposit CASA Retail TD Deposits 7% 21% 5% 4% ₹. in Crore 12101 - 12939 1910 - 2313 4008 – 4219 6183 - 6
Slide 9: Comparison: Q-o-Q (Q2-Q3)
Comparison : Q-o-Q (Q2- Q3) Gross Advance Corporate MSME Agri&&Micro Agri Micro Retail(incl. Retail (incl.Gold) Gold) 3% Advance 2% 1% 17% 2% ₹.₹.ininCrore Crore 9109 - 9244 2594 - 2602 1498 - 1754 873 - 860 4144 - 4028 Total Deposit Bulk Deposit CASA Retail TD Deposits 1% 13% 2% 1% ₹. in Crore 2042
Slide 10: Liability Trends
Liability Trends ₹. in Crore CASA Growth ₹. in Crore DEPOSITS 4324 4252 4219 4160 10706 10626 10510 10455 10191 4008 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 ₹. in Crore 4.56 4.54 Cost of Deposits 2121 2313 1910 1893 2042 4.41 4.39 4.39 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Retail Bulk Q3 FY22 Q4 F
Slide 11: Advances
Advances GROSS ADVANCE Corporate ₹. in Crore 2578 2547 2594 2602 2163 Corporate 28% Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 ₹. in Crore Retail Retail 6515 6643 6177 72% 5389 5866 Corporate Retail Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Investor Presentation-December 2022 11
Slide 12: Asset Quality
Asset Quality Gross NPA% Net NPA% 7.55% 3.83 6.32% 6.35% 6.04% 5.83% 2.85 2.69 2.32 1.81 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3FY23 CD Ratio Provision Coverage Ratio 71% 71% 86.58 69% 68% 83.25 81.43 80.64 62% 77.55 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q3 FY22
Slide 13: Asset Quality
Asset Quality Fresh Slippages ₹. in Crore 48.87 25.31 23.12 17.22 10.45 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3FY23 SMA Movement ₹. in Crore 99 55 54 50 54 135 93 103 92 85 161 176 168 150 146 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 SMA 2 SMA 1 SMA 0 Investor Presentation – December 2022 13
Slide 14: Restructured Standard Advances
Restructured Standard Advances Data on Restructured Standard Advances as on 31st December, 2022 Total Restructured Standard Advances- Rs.320.21 Cr 3.24, 1% 27.1, 9% Education Loan 0.48, 0% MSME standard 39.2, 12% Restructuring Other restructuring 15.81, 5% Project Under Implementation RFCS -1 RFCS -
Slide 15: Digital Migration
Digital Migration Digital Migration 72.49% 42.46% 19.81% Share of Digital Banking Transactions @ Retail Internet Mobile Banking Banking 72.49% as on turnover up by turnover up by 31st Dec 2022 42.46% YoY 19.81% YoY compared to 61.47% as on 31st Dec 2021 Investor Presentation - December 2022 15
Slide 16: Digital Migration
Digital Migration in Lakhs in Lakhs Mobile Banking Registered Customers Retail Internet Banking Registered Customers 8.51 8.48 8.34 8.31 8.10 8.08 7.98 7.96 7.79 7.76 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Investor Presentation – December 2022 16
Slide 17: Balance Sheet overview
Balance Sheet overview ₹. in Crore 31.12.2021 31.03.2022 30.06.2022 30.09.2022 31.12.2022 Particulars (Reviewed) (Audited) (Reviewed) (Reviewed) (Reviewed) CAPITAL AND LIABILITIES Capital 253 253 253 253 253 Reserves and Surplus 624 647 621 636 658 Deposits 12101 12403 12576 12748 12939 Borrowings 2
Slide 18: Business Result
Business Result ₹. in Crore 31.12.2021 30.09.2022 31.12.2022 Particulars (Reviewed) (Reviewed) (Reviewed) Growth (YOY) YOY Growth% Q3 Q2 Q3 Interest Income 681.73 520.87 797.13 115.40 16.93 Interest Expenses 415.84 287.13 436.53 20.69 4.98 Net Interest Income 265.89 233.74 360.60 94.71 35.62 Non Int
Slide 19: Indicators
Indicators ₹. in Crore Particulars Q3 FY 22 Q4 FY 22 Q1 FY 23 Q2 FY 23 Q3 FY 23 Yield on Advances (%) 9.62 9.39 9.41 9.28 9.38 Yield on Investments (%) 5.18 5.27 5.59 5.57 5.60 Cost of Deposits (%) 4.56 4.54 4.41 4.39 4.39 Cost of Funds (%) 4.67 4.64 4.52 4.50 4.51 Net Interest Margin (%) 2.94 3.00
Slide 20: Strong Management Team
Strong Management Team Strong Management Team Mr. Shivan J.K, Managing Director & CEO ▪ Bachelor in Agriculture, MBA & CAIIB; More than 37 years of experience in Retail, Agri, Corporate, International & Forex operations. ▪ Was Chief General Manager of Stressed Assets Resolution Group of State Bank o
Slide 21: Strong Management Team
Strong Management Team Mr. Santoy John, Chief Compliance Officer ▪ Post Graduate in Science, CISA & CAIIB and PGCP in Business Management from XIMB Bhubaneswar, previously associated with ICICI Bank and RBL Bank. ▪ Over 24 Years of experience covering Teaching, Retail Banking, Internal Audit, Inform
Slide 22: Tie-Ups
Tie-Ups Dhanlaxmi Bank entered into the Fintech Era for Micro Lending, Operation management & Technology services under priority sector lending by associating with New Street Technologies Pvt Ltd. Investor Presentation - December 2022 22
Slide 23: Branch Network
Branch Network Over 533 customer touch points including 249 branches, 265 ATMs and 19 BCs Branch Presence Metro Branches – 58 Urban Branches – 65 Semi-Urban Branches –107 Rural Branches – 19 Investor Presentation - December 2022 23
Slide 24: Disclaimer
Disclaimer This presentation has been prepared by Dhanlaxmi Bank (the “Bank”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published
Slide 25: Investor Presentation – December 2022
Investor Presentation – December 2022 15