Uco Bank · NSE:UCOBANK
Uco Bank — Q1 FY2023-24 Earnings Presentation
53 slides from Uco Bank's earnings presentation, Jul 28, 2023
Slide 1: UCO Bank
यूको बैंक UCO BANK सम्मान आपके विश्वास का Honours Your Trust ________________________________________________________________________________ HO/Finance/Share/82/2023-24 Date: 28.07.2023 National Stock Exchange of India Ltd. BSE Limited “Exchange Plaza” Phiroze Jeejeebhoy Towers Plot no. C/1, G Bloc
Slide 2: Financial Results: June Q1 (FY 2023-24)
UCO BANK Financial Results: June Q1 (FY 2023-24)
Slide 3: Contents
Contents Highlights: June Q1 (2023-24) Business Performance Financials P Asset Quality Capital & Shareholding Digital Journey & Business Network
Slide 4: Highlights: June Q1 (FY 2023-24)
Highlights: June Q1 (FY 2023-24)
Slide 5: Major Highlights
Major Highlights Business Deposit Savings Current CASA Share CD Ratio (Domestic) (Domestic) (Domestic) ₹413972 Cr. ₹249694 Cr. 65.79% ₹81814 Cr. ₹9833 Cr. 38.10% 16.06% (Y-Y) 10.81% (Y-Y) 750 bps (Y-Y) 5.74% (Y-Y) 7.78% (Y-Y) 28 bps (Q-Q) Business Advance Agriculture MSME Home Loan Vehicle Loan Reta
Slide 6: Business Performance
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Slide 7: Business
Business ₹ in (Cr) Business Mix Jun-22 Mar-23 Jun-23 Q-Q (%) Y-O-Y (%) Global Business 356677 410967 413972 0.73 16.06 Domestic 336231 380173 380371 0.05 13.13 Overseas 20477 30794 33601 9.11 64.34 Global Deposits 225328 249338 249694 0.14 10.81 Domestic 220404 240741 240567 -0.07 9.15 Overseas 4924
Slide 8: Global Deposits
Global Deposits ₹ in (Cr) Savings Current 5.74 % Growth (%) Particulars Jun-22 Mar-23 Jun-23 81017 81814 77375 Q-Q Y-Y 1. Domestic Deposits 220404 240741 240567 -0.07 9.15 7.78% a) Current Deposits 9123 10037 9833 -2.03 7.78 9833 9123 10037 b) Saving Deposits 77375 81017 81814 0.98 5.74 Jun-22 Mar-2
Slide 9: Domestic Advances
Domestic Advances Retail Agri MSME Corporate & Others Y-O-Y ₹ in (Cr) Jun-22 Mar-23 Jun-23 (%) 1. Domestic Advances 115827 139432 139804 20.70 38% 38% 38% a) Retail 28238 35039 35280 24.94 b) Agriculture 19060 21775 21690 13.80 20% 21% 21% c) MSME 25225 28815 28982 14.89 16% 16% 16% 2. Total RAM (a+
Slide 10: Retail Mix
Retail Mix Growth Jun-22 Particulars Jun-22 Mar-23 Jun-23 (Y-Y) % Home Loan Vehicle Loan Personal Loan Others Home Loan 16506 19539 20315 23.08 Vehicle Loan 1917 2250 2373 23.79 30% Personal Loan 1269 1544 1598 25.93 58% 5% Others 7% 8546 11706 10994 28.64 Total 28238 35039 35280 24.94 Jun-23 Home L
Slide 11: Agriculture
Agriculture Y-O-Y Agriculture Jun-22 Mar-23 Jun-23 (%) 1. Crop Loans 9211 10146 9628 4.53% 2. Investment Credit 3830 4181 4625 20.76% 3. Agri. Allied 3702 4263 4441 19.96% 4. Infrastructure & Ancillary 2317 3185 2996 29.31% 5. Total (1+2+3+4) 19060 21775 21690 13.80% Self Help Group June’22 June’23
Slide 12: MSME Portfolio Mix
MSME Portfolio Mix Segment Mix Performance under PMMY Micro Small Medium ₹ in Cr. Q1 23 Q1 24 Amount Sanctioned 995 780 25225 28815 28982 Amount Disbursed 521 762 2.26% 2.36% PM SVANidhi As on 2.65% 30.06.2023 Application Sanctioned 79684 34.39% 34.08% Disbursed out of Sanctioned 78830 34.45% Perfor
Slide 13: Priority Sector Advances
Priority Sector Advances ₹ in (Cr) Mandatory Segment RBI Benchmark (%) Achievement Achievement (%) Target Priority Sector 40.00 51135 69943 54.71% Agriculture 18.00 23011 24548 19.20% Small/Marginal Farmer 10.00 12784 14166 11.08% Weaker Section 12.00 15340 17818 13.94% Micro Under MSME 7.50 9588 18
Slide 14: Financial Inclusion Growth
Financial Inclusion Growth PMSBY (In Lakhs) PMJJBY (In Lakhs) APY Accounts ( In Lakhs) 38.26 % 47.51 % State Level Bankers Committee 37.21 % 43.00 20.87 8.88 39.51 18.58 8.28 (SLBC) – 2 (Odisha & Himachal 31.10 15.21 6.02 Pradesh) Lead District Manager (LDM) – 35 Jun-22 Mar-23 Jun-23 Jun-22 Mar-
Slide 15: Sectoral Credit–Domestic Advances
Sectoral Credit–Domestic Advances % share to % share to % share to Sector (₹ in Cr.) 30.06.2022 31.03.2023 30.06.2023 Advances Advances Advances Infrastructure 11715 10.11% 13576 9.74% 14498 10.37% Of which Power 6706 5.79% 8416 6.04% 9143 6.54% Port and Road Project 2292 1.98% 3289 2.36% 3502 2.50%
Slide 16: Standard NBFC Advances
Standard NBFC Advances Standard NBFC 30.06.2022 % 31.03.2023 % 30.06.2023 % ₹ in (Cr) NBFC - PSUs 3700 23.76 4200 19.61 4000 19.14 NBFC - HFCs 5652 36.30 8509 39.74 8036 38.45 NBFC - MFIs 698 4.48 991 4.63 869 4.16 NBFC - Others 5520 35.45 7714 36.02 7992 38.24 Total 15570 100 21413 100 20898 100 Ra
Slide 17: Rating Mix
Rating Mix Advance Mix of Benchmark Rate Rating Grade (₹ in (Cr) Jun-22 % Share Mar-23 % Share Jun-23 % Share 0.13% 0.07% 0.06% AAA 15290 29.89 22964 35.62 23150 36.44 2.01% 1.19% 1.06% AA 7126 13.93 10675 16.56 10058 15.83 13.34% 13.61% 18.23% A 9480 18.53 10280 15.94 10677 16.81 BBB 3895 7.63 3949
Slide 18: Investment Portfolio
Investment Portfolio ₹ in (Cr) Sl. Parameters Jun-22 Mar-23 Jun-23 1 Domestic Investment 97815 94693 93213 a SLR 69918 67572 65838 SLR as % to Dom. Investment 71.48 71.36 70.63 b Non SLR 27897 27120 27375 I Held To Maturity (HTM) 71854 73535 76082 II Available For Sale (AFS) 26162 21157 16954 III He
Slide 19: Non SLR Investment
Non SLR Investment Jun-22 Mar-23 Jun-23 Sl. Parameters O/S % Share O/S % Share O/S % Share 1 PSU Bonds 670 2.40% 616 2.27% 616 2.25% Corporate and Other Bonds & 2 1084 3.89% 1614 5.95% 2061 7.53% Debentures 3 Special Govt. Sec excl. Recap Bonds 4656 16.69% 3706 13.67% 3706 13.54% 4 CG Recap. Bond 18
Slide 20: Financials
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Slide 21: Profitability
Profitability Year Parameters ( ₹ in Cr.) Quarter Ended Growth Sl. Ended FY 22-23 Jun-22 Mar-23 Jun-23 Y-O-Y (%) Q-O-Q (%) 1 Interest Income 17651 3851 4987 5224 35.65 4.75 2 Interest Expenses 10307 2202 3015 3215 46.00 6.63 3 Net Interest Income (1-2) 7343 1650 1972 2009 21.78 1.88 4 Non-Interest I
Slide 22: Net Interest Income
Net Interest Income Year Ended Quarter Ended Growth Particulars ( ₹ in Cr.) FY 22-23 Jun-22 Mar-23 Jun-23 Y-O-Y (%) Q-O-Q (%) 1. Interest Income 17651 3851 4987 5224 35.65 4.75 a. From Advances 10343 2141 3039 3314 54.76 9.04 b. From Investments 6223 1535 1563 1510 -1.62 -3.42 c. Others 1084 175 385
Slide 23: Non Interest Income
Non Interest Income Year Quarter Ended Growth Ended Particulars ( ₹ in Cr.) Jun-22 Mar-23 Jun-23 Y-O-Y Q-O-Q FY 22-23 (%) (%) a) Fee Based Income 1000 261 301 234 -10.34 -22.26 i. Charges & Commission from Advance 401 134 126 92 -31.34 -26.98 ii. Commission from Third Party Product 56 10 17 11 10.00
Slide 24: Operating Expenses
Operating Expenses Year Ended Quarter Ended Variation Particulars ( ₹ in Cr.) FY 22-23 Jun-22 Mar-23 Jun-23 Y-O-Y (%) Q-O-Q (%) 1. Salary 2717 643 705 773 20.22 9.65 2. Employee Benefits 1156 179 353 255 42.46 -27.76 3. Total Staff Expenses (1+2) 3873 822 1058 1028 25.06 -2.84 4. Rent, Taxes & Light
Slide 25: Provisions
Provisions Year Ended Quarter Ended Variation Particulars ( ₹ in Cr.) FY 22-23 Jun-22 Mar-23 Jun-23 Y-O-Y (%) Q-O-Q (%) Operating Profit 4341 440 1357 1202 173.30 -11.42 Provisions for : NPA 1296 268 408 389 45.15 -4.66 NPI 324 279 35 19 -93.19 -45.71 Standard Assets 59 5 - 163 - - Others -244 -305
Slide 26: Key Financial Indicators
Key Financial Indicators Quarter Ended Particulars Jun-22 Mar-23 Jun-23 Cost of Deposits (%) 3.78 4.36 4.61 Cost of Funds (%) 3.11 3.79 3.97 Cost to Income Ratio (%) 72.42 53.71 54.49 Yield on Advances (%) 6.77 7.99 8.24 Yield on Investments (%) 6.22 6.47 6.33 Return on Assets (RoA) Annualised(%) 0.
Slide 27: Key Financial Indicators (Qtr.)
Key Financial Indicators( Qtr.) Yield on Advance (%) Yield on Investment (%) Yield on Funds (%) 8.24 6.47 7.32 7.99 7.23 6.77 6.33 6.22 6.40 Jun-22 Mar-23 Jun-23 Jun-22 Mar-23 Jun-23 Jun-22 Mar-23 Jun-23 Cost of Deposit ( %) Cost of Fund ( %) Cost to Income ( % ) 4.61 72.42 4.36 3.97 3.78 3.79 3.11
Slide 28: Efficiency Ratio (Qtr.)
Efficiency Ratio (Qtr.) NIM Domestic ( %) NIM Global ( %) Return on Assets (%) 3.03 0.28 2.86 0.17 2.85 2.74 Jun-22 Jun-23 Jun-22 Jun-23 Jun-22 Jun-23 Return on Equity (%) Book Value Per Share (₹) Earning Per Share (₹) 12.59 0.19 7.04 9.96 4.44 0.10 Jun-22 Jun-23 Jun-22 Jun-23 Jun-22 Jun-23
Slide 29: Productivity Ratio
Productivity Ratio Business Per Branch ( ₹ in Cr.) Business Per Employee ( ₹ in Cr.) 129 19 116 16 Jun-22 Jun-23 Jun-22 Jun-23 Net Profit Per Employee ( ₹ in Lakhs) Operating Profit per employee ( ₹ in Lakhs) 5.49 1.02 0.56 1.98 Jun-22 Jun-23 Jun-22 Jun-23
Slide 30: Balance Sheet
Balance Sheet ₹ in (Cr) CAPITAL & LIABILITIES 30.06.2022 31.03.2023 30.06.2023 Capital 11956 11956 11956 Reserves & Surplus 11843 13808 13968 Deposits 225328 249338 249694 Borrrowings 12682 20501 22305 Other Liabilities & Provisions 5640 5260 6551 Total 267449 300863 304474 ASSETS Cash and Balances
Slide 31: Asset Quality
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Slide 32: Asset Quality
Asset Quality ₹ in (Cr) Net NPA (%) Gross NPA % Gross NPA Net NPA 7.42 9740 7726 7355 4.78 4.48 2.49 3104 2018 1877 1.29 1.18 Jun-22 Mar-23 Jun-23 Jun-22 Mar-23 Jun-23 PCR (Incl. TWO) PCR (Excl. TWO) Slippage Ratio (%) Credit Cost (%) 91.96 94.50 94.88 1.86 1.32 1.39 68.13 73.88 74.48 1.07 0.97 0.82
Slide 33: Asset Quality
Asset Quality ₹ in (Cr) Asset Classification (₹ in Cr) Item Jun-22 Mar-23 Jun-23 161629 164278 Gross NPA (₹ in Cr.) 9740 7726 7355 131350 Net NPA ₹ in (₹ in Cr.) 3104 2018 1877 Gross NPA (%) 7.42 4.78 4.48 Net NPA (%) 2.49 1.29 1.18 PCR % (Including Technical Write off) 91.96 94.50 94.88 PCR % (Excl
Slide 34: Movement of NPA
Movement of NPA Year Quarter Ended Item (₹ in Cr) Ended Mar-23 Jun-22 Mar-23 Jun-23 1. Opening Balance 10237 10237 8506 7726 Fresh Addition Quarter Ended (₹ in Cr) Less Jun-22 Mar-23 Jun-23 2. Cash Recovery 1354 275 334 169 Retail 96 85 89 3. Upgradation 678 184 135 104 Agriculture 46 70 91 4. Write
Slide 35: Segment NPA
Segment NPA ₹ in (Cr) Sl. Sector 30.06.2022 31.03.2023 30.06.2023 % to % to % to Gross Gross Gross Gross Gross Gross No respective respective respective Advances NPA Advances NPA Advances NPA portfolio portfolio portfolio 1 Retail Credit 28238 726 2.57% 35039 605 1.73% 35280 550 1.56% Of which Home
Slide 36: SMA & Restructured Advances
SMA & Restructured Advances ₹ in (Cr) SMA Position of the Bank (1 cr and above) June'22 Mar'23 June'23 Parameters % to Gross % to Gross % to Gross B/o (in Crs) B/o (in Crs) B/o (in Crs) Advances Advances Advances SMA 0 2697.13 2.05% 1866.52 1.15% 589.07 0.36% SMA 1 439.62 0.33% 650.35 0.40% 1761.37
Slide 37: NCLT & NARCL
NCLT & NARCL June-2023 (₹ Cr.) 1st List 2nd List Others Total Exposure to number of accounts referred under 9 16 143 168 NCLT IBC Loan Outstanding 1207 3110 16075 20391 Total Provisions Held 1207 3110 16059 20375 Provision Percentage (%) 100 100 99.90 99.92 Jun-22 Mar-23 Jun-23 Recovery From NCLT No
Slide 38: Capital & Shareholding
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Slide 39: Capital Adequacy
Capital Adequacy CET-I Tier- I Tier- II 14.13 16.51 16.85 Particulars Jun-22 Mar-23 Jun-23 2.84 2.55 2.70 Credit RWA 75042 85883 85889 Market RWA 10650 8214 6995 11.29 13.96 14.16 Operational RWA 16460 16460 17523 Total RWA 102152 110558 110406 11.29 13.51 13.70 Advances 131350 161629 164278 Credit
Slide 40: Share Holding & Ratings
Share Holding & Ratings Share Holding Pattern Basel III S.N Rating Agency AT-I Bonds Tier-II Bonds Others, Rating Rating 3.22 1 India Ratings - AA - /Stable DIIs, 1.34 2 CARE Ratings - AA - /Stable 3 Acuite Ratings AA - /Stable AA/Stable FIIs, 0.05 4 Infomerics Ratings AA - /Stable - Govt., 95.39 Ca
Slide 41: Our Presence
Our Presence Domestic Overseas Branches ATM BCs Branches 2+1 3209 Rep. off. 2411 8107 South, 334 Central, Urban, 534 18.89% North East, 625 Metro, North, 848 215 600 Semi urban, 29.16% 865 (33.82%) West, 303 East, 975 Rural, 1119
Slide 42: HR Initiative
HR Initiative Business target linked to the reality of local market through 1 scientific tool Clarity of roles & expectations from each employees with well- 2 defined, measurable KRAs Clear tracking, measurement, & visibility of performance metrics 3 to identify improvement areas Performance-linked
Slide 43: Associate
Associate Paschim Banga Gramin Bank As on 30.06.2023 (Audited) Amount (₹ in Cr) FY Mar-23 Jun-23 Q-o-Q Y-o-Y Particulars Jun-22 22-23 Qtr. Qtr. (%) (%) Business 10318 9759 10318 10306 -0.12 5.61 Deposit 6570 6307 6570 6556 -0.21 3.95 Advances 3748 3452 3748 3750 0.05 8.63 Operating Profit -25.36 -13
Slide 44: Digital Journey
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Slide 45: Digital Offerings
Digital Offerings UCO Mbanking Plus App UPI Global Payments One of the best play Bulk Digital store ratings of 4.65 Banking Payment Unit Aadhaar 150+ Features Available Account based UPI Aggregator Digital PIN set Customer Empowerment Industry Specific User App/Web Interface Video Life based Fee Cer
Slide 46: Digital Offerings
Digital Offerings Digital Account Opening UCO Wealth Management Merchant Solution (QR Code Instant /Sound Instant Current box) Insta Instant Savings Instant Account ICCW (UPI Demat/ Mutual IPO/ASB FD/RD A/Tax Account digitally opening based UPI 123 Pay Trading Funds/ opening through Filing Ca
Slide 47: Digital Performance
Digital Performance Debit Cards (In Lakhs) Internet Banking (In Lakhs) 15.25 5.98 % 8.17 % 125 14.39 115 Jun-22 Jun-23 Jun-22 Jun-23 Retail Mobile Banking ( In Lakhs) Corporate Mobile Banking ( In Lakhs) 41.35 % 88 233.33 % 0.50 62 0.15 Jun-22 Jun-23 Jun-22 Jun-23
Slide 48: Digital Transactions
Digital Transactions Mobile Banking No of Transactions (In Lakhs) Corporate Mobile Banking Transactions (In Lakhs) 28 3.02 15.23 % 297.37 % 24 0.76 Jun-22 Jun-23 Jun-22 Jun-23 UPI No of Transactions (In Lakhs) Digital Merchant QR (Sound Box) No of Transactions 62.07 % 4700 161.68 % 31.14 2900 11.90
Slide 49: Social Media Presence
Social Media Presence @UCOBankOfficial 49,900 @official.ucobank @uco-bank 18,200 20,800 @official.ucobank @ucobank 43,900 35,600 @uco-bank 18,887 WhatsApp Banking Say Hi to 8334001234
Slide 50: ESG Initiative
ESG Initiative Environmental Social Governance To move towards paperless banking and Bank has contributed to food distribution Bank has in place Grievance Redressal end to end solution, Bank has launched initiative by Anna Sri program of ISKCON, Policy, Citizen Charter, Internal multiple digit
Slide 51: Awards & Accolades
Awards & Accolades Digital Transaction UCO Bank bagged prestigious 2nd Rank in UCO Bank has secured 2nd the MeitY (Ministry of Electronics & Information Technology) Scorecard Rank in the Ministry of 2022-23 Electronics and Information Technology scorecard for FY 2022-23 Financial Inclusion Award fro
Slide 52: Disclaimer
Disclaimer This presentation has been prepared solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. Certain forward-looking statements in these slides involve a number of risks, uncertainties and other facto
Slide 53: Thank you
DIGITAL BANKING PRODUCTS Your Financial Dreams are just a Message Away!! Bust Send Hi to aS Indulge in a world lof services that