Karur Vysya Bank Ltd. · NSE:KARURVYSYA
Karur Vysya Bank — Q3 FY2025 Earnings Presentation
42 slides from Karur Vysya Bank's earnings presentation, Jan 20, 2025
Slide 1: Exchange filing cover letter under Regulation 30
Classification | REGULATORS IRC:F48:09:16:2025 January 20, 2025 The Manager, The Manager, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C-1, ‘G’ Block, Dalal Street, Bandra- Kurla Complex, Mumbai – 400001. Bandra (East), Mumbai – 40
Slide 2: Investor Presentation Q3 FY 2025
Investor Presentation Q3 FY 2025
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Karur Vysya Bank Limited (“the Bank”) solely by the Bank for information purposes only. This presentation is not a complete description of the Bank and the information contained herein is only current as of its date and has not been verified by anyon
Slide 4: Quarter In focus
Quarter In focus
Slide 5: Strong presence in India's fast-growing hinterland
Strong presence in India’s fast-growing hinterland Category 31.12.24 31.03.24 31.03.23 State wise Branches Branches 866 838 799 ATM’s + Cash Recyclers 2,197 2,262 2,240 Punjab-5 Chandigarh UT-1 No. of Other Category BBU* CBU* ARB* Haryana-6 Uttarakhand-1 Branches offices^ New Delhi-12 Uttar Metro 21
Slide 6: A glimpse into our financial performance
(Rs. crore) A glimpse into our financial performance Business Advances Deposits CASA 1,81,993 82,838 99,155 28,167 ▲15% YoY ▲ 3% QoQ ▲ 14% YoY ▲ 3% QoQ ▲ 16% YoY ▲ 3% QoQ ▲ 4% YoY ▼23 bps QoQ NIM (%) Operating Profit Net Profit ROA (%) 9M- 4.09% Q3- 4.03% 9M- 2,377 Q3-815 9M -1,428 Q3-496 9M- 1.72%
Slide 7: Performance metrics- Key Ratios
Performance metrics- Key Ratios Quarter 9 Months Particulars Dec 24 Dec 23 Dec 24 Dec 23 Cost of Deposits (%) 5.66 5.25 5.57 5.13 Yield on Advances (%) 10.16 10.16 10.12 9.88 Cost of Funds (%) 5.66 5.30 5.57 5.16 Yield on Funds (%) 8.92 8.85 8.88 8.61 Net Interest Margin (%) 4.03 4.32 4.09 4.20 Spre
Slide 8: Quarterly Performance metrics
Quarterly Performance metrics ROA (%) ROE (%) EPS 1.76 1.70 1.72 1.74 6.16 1.65 5.89 18.17 5.67 5.70 5.13 17.33 17.36 17.42 17.20 Dec-23 Mar 24 Jun 24 Sep 24 Dec 24 Dec-23 Mar 24 Jun 24 Sep 24 Dec 24 Dec-23 Mar 24 Jun 24 Sep 24 Dec 24 NIM (%) Yield on Advances (%) Cost to Income (%) 4.32 51.62 10.16
Slide 9: Profit & Loss Statement
(Rs. crore) Profit & Loss Statement Quarter 9 Months Particulars Dec 24 Dec 23 Growth % Dec 24 Dec 23 Growth % Net Interest Income 1,079 1,001 8 3,163 2,813 12 Other Income 467 358 30 1,328 1,030 29 - Fee income 234 226 4 708 627 13 - Others 233 132 77 620 403 54 Total Income 1,546 1,359 14 4,491 3,
Slide 10: Balance Sheet
(Rs. crore) Balance Sheet Particulars Dec 24 Dec 23 YoY (%) Capital & Liabilities Capital 161 161 - Reserves and Surplus 11,231 9,418 19 Deposits 99,155 85,665 16 Borrowings 1,563 2,993 (48) Other Liabilities and Provisions 4,263 4,631 (8) Total 1,16,373 1,02,868 13 Assets Cash and Balances with RBI
Slide 11: Capital to Risk Weighted Assets Ratio – Basel III
(Rs. crore) Capital to Risk Weighted Assets Ratio – Basel III Particulars Dec 24 Dec 23 Sep 24 CRAR % 15.91 15.39 16.28 Total capital 10,306 9,164 10,299 Tier I capital 9,736 8,257 9,735 Tier II capital 570 907 564 RWA 64,755 59,531 63,263 Credit risk 56,208 50,607 54,931 Operational risk 7,940 6,93
Slide 12: Driving growth across verticals
Driving growth across verticals
Slide 13: Advances and Deposits
(Rs. crore) Advances and Deposits Parameter Dec 24 Dec 23 YOY % Sep 24 QOQ % Mar 24 YTD% Deposits 99,155 85,665 16 95,839 3 89,113 11 Gross Advances 82,838 72,692 14 80,299 3 74,423 11 Total Business 1,81,993 1,58,357 15 1,76,138 3 1,63,536 11 Deposit Portfolio Parameter Dec 24 Dec 23 YOY % Sep 24 Q
Slide 14: Consistent and Credible Progress
(Rs. crore) Consistent and Credible Progress Particulars Dec 24 Dec 23 YoY % Sep 24 QoQ % Commercial 29,824 24,398 22 28,688 4 Retail (Personal Banking) 20,476 17,090 20 19,685 4 Agriculture 19,705 16,833 17 18,838 5 RAM Verticals 70,005 58,321 20 67,211 4 Corporate 12,833 14,371 (11) 13,088 (2) Gro
Slide 15: Retail Portfolio
(Rs. crore) Retail Portfolio Particulars Dec 24 Dec 23 YOY % Sep 24 QOQ % Housing loan 8,405 7,357 14 8,173 3 Jewel loans 3,123 2,096 49 2,841 10 Mortgage (LAP) loans 5,266 3,885 36 4,909 7 Vehicle loans 1,071 1,135 (6) 1,107 (3) Consumer Credit-BNPL 977 928 5 1,030 (5) Personal loans 262 372 (30) 2
Slide 16: Commercial Banking
(Rs. crore) Commercial Banking Ticket size of Commercial Book Jewel Loan-Agri and Non Agri loans 20,878 21,934 19,995 24% 18,106 18,672 26.5 26.0 25.7 62% 24.9 25.1 14% Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 < 5 crore ≥ 5 crore < 10 crore ≥ 10 crore Jewel loan % of advance Jewel Loan Portfolio SMA 30+ •
Slide 17: Corporate Banking
Corporate Banking Standard Corporate Advances ≥ 150 crore (Rs. crore) Risk Profile 5% 4% 3% 3% 3% 2,500 2,193 7.00 19% 23% 25% 28% 28% 1,889 Amount ≥ 150Cr 2,000 1,849 % on Advance 5.00 39% 37% 37% 36% 1,331 1,417 36% 1,500 3.25 2.94 2.95 3.00 1,000 2.55 37% 36% 35% 33% 33% 1.71 500 1.00 Dec-23 Mar-
Slide 18: Advances-Sectoral composition
Advances-Sectoral composition Rs. 82,838 Crore Break up for Manufacturing Sector (Rs. 18,602 Crore) AGRI BILLS NBFC 2% GEMS & JEWELLERY 1% 3% COMMERCI 10% OTHERS AL REAL 8% ESTATE OTHER MINING AND 7% EXPOSURES QUARRYING 12% 4% INFRASTRUCTURE CONSTRUCTION 14% 4% TRADING 12% ALL ENGINEERING 5% % of Ad
Slide 19: Liability Franchise: Predominantly Retail
Liability Franchise : Predominantly Retail Deposit Breakup Term Deposit-Amount wise* 21% Savings 10% Deposits, 19% Demand 19% Deposits, 9% 50% Term Deposits, 72% < Rs.15 Lakhs ≥Rs.15 Lakhs to <Rs.1 Cr ≥Rs.1 Cr to < Rs.5 Cr ≥ Rs.5 Cr 79 % of Term Deposits are < Rs.5 Cr * Term Deposit do not include T
Slide 20: Investment Portfolio
Investment Portfolio Gross Investments (Rs. crore) Investment Category 25,308 HFT, FVTPL, 1.34% 1.47% 23,564 22,840 23,007 AFS, 21.45% 21,473 HTM, 75.74% Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Investment Composition Modified Duration 0.99% 9.80% AFS HFT HTM FVTPL Total 2.03% SLR 3.01 5.17 3.35 - 3.30 Sh
Slide 21: Disciplined approach to reduce stressed assets
Disciplined approach to reduce stressed assets
Slide 22: Movement of NPA for the Quarter
Movement of NPA for the Quarter Particulars Oct 24 – Dec 24 Oct 23 – Dec 23 Gross NPAs Opening Balance 886 1,219 Additions during the period (+) 139 (+) 197 Reductions during the period (-) 334 (-) 264 -Of which Recoveries/Upgradation 91 113 Tech Write offs 242 151 Closing Balance 691 1,152 Provisio
Slide 23: Vertical wise NPA Collection efficiency
Vertical wise NPA Advances NPA Reduction Q3 NPA as on NPA Additions NPA as on Provisions Net NPA Vertical O/s. Recoveries / Sep 24 Q3 Tech W/off Dec 24 Dec 24 Dec 24 Dec 24 upgradation Commercial 29,824 408 76 53 108 323 186 137 Retail (Personal 20,476 264 52 24 89 203 177 26 Banking) Agriculture 19
Slide 24: Bank Maintaining high Asset Quality with GNPA 0.83% and NNPA 0.20%
Bank Maintaining high Asset Quality with GNPA 0.83% and NNPA 0.20% 4,143 7.94 3,431 6.03 2,366 2,132 1,719 1,458 3.45 2.27 1,261 1,042 957 691 2.30 1.40 730 0.83 468 523 298 167 0.74 0.40 0.20 Mar 21 Mar 22 Mar 23 Mar 24 Dec 24 Mar 21 Mar 22 Mar 23 Mar 24 Dec 24 Gross NPA% Net NPA% Gross NPA NPA Pro
Slide 25: Provisions Coverage
Provisions Coverage 1 94.85% 96.87% 5.00% 92.14% 0.9 94.85 96.87 80.27% 92.14 0.8 72.70% 80.27 0.7 72.70 3.00% 0.6 75.68 70.12 0.5 63.25 65.62 0.4 57.11 1.47% 1.45% 1.00% 0.3 1.26% 0.2 0.65% 0.63% 0.1 0 -1.00% Mar 21 Mar 22 Mar 23 Mar 24 Dec-24 Mar 21 Mar 22 Mar 23 Mar 24 Dec 24 Provision Coverage R
Slide 26: Provisions and Contingencies
(Rs. crore) Provisions and Contingencies Quarter 9 Months Provision for Dec 24 Dec 23 Dec 24 Dec 23 NPA 100 108 355 318 Standard Assets 9 9 33 37 Restructured Advances 17 (5) 3 (22) Other prudential provisions 25 - 75 - Floating Provision - 25 - 75 NPI and others (4) 12 (6) 27 Total Provisions (excl
Slide 27: Restructured Accounts
(Rs. crore) Restructured Accounts Dec 24 Dec 23 Sep 24 Particulars Standard NPA Standard NPA Standard NPA Resolution Framework - 2.0 362 35 485 86 371 45 COVID 19 - Resolution Framework 174 8 215 119 184 17 MSME 72 2 95 24 76 3 Others* - 12 - 29 - 11 Total 608 57 795 258 631 76 * Others include rest
Slide 28: Movement of Standard Restructured Advances for the quarter
(Rs. crore) Movement of Standard Restructured Advances for the quarter Oct 24 to Dec 24 Oct 23 to Dec 23 Particulars A/c’s Amt. A/c’s Amt. Position at the beginning of the period 1,741 631 2,204 847 A. Additions during the period - - - - B. Additions in existing A/c’s - 12 - 14 C. Additions through
Slide 29: Sector-wise Standard Restructured Advances
Sector-wise Standard Restructured Advances S. Amount Stressed Book Analysis Sector N. Dec 24 Dec 23 1200 1100 1.20 1013 1 Housing 190 223 1.07 957 1000 1.00 2 Real Estate 117 130 305 0.96 850 298 0.88 775 3 Wholesale and Retail Trade 36 77 800 294 0.76 0.80 219 0.67 4 Textile 41 41 % of Total Assets
Slide 30: Building a Strong digital ecosystem
Building a Strong digital ecosystem DLite App
Slide 31: Digital Banking
Digital Banking Count of UPI Transactions (Quarterly) (in lakhs) DLite User Interface Social Security Schemes (PMJJBY & 3374 Revamp PMSBY) 3264 2940 2699 DLite App 2516 Recent Launches Download - CASA / Digital Re-KYC & Email Verification Loan Statement & Loan Certificates Dec-23 Mar-24 Jun-24 Sep-2
Slide 32: Digital Partnerships
Digital Partnerships ASSETS Service Support Business Support LIABILITIES Channel Partners Payment aggregators Govt Business Payments Security 31 www.kvb.co.in
Slide 33: Environmental Social Governance
Environmental Social Governance
Slide 34: ESG Highlights - Environment
ESG Highlights - Environment Renewable Energy Projects Under Progress: Rooftop Solar at Namakkal Main Branch: Solar • 15kWp - Works under progress. • Expected date of completion: Feb 2025. • Solar - Units generated - 12,590 kwh Rooftop Solar at Windmill Divisional office, Trichy: Promoting Environme
Slide 35: ESG Highlights - Environment
ESG Highlights - Environment IGBC Green Existing Building Certification: Our Central office building has been awarded with prestigious ‘Platinum Certification’ by the Indian Green Building Council ( IGBC). This recognition reflects our commitment to sustainable building practices, energy efficiency
Slide 36: ESG Highlights – Social
ESG Highlights – Social Donation of Eco-friendly Skill Development program Battery-Operated for Youths on Home Care Garbage Collection Supporting Education Centre Vehicle to Naganatha Aide – SCOPE of Special Children School – Swamy Temple, Over 100 youths enrolled for Maithree Thirunageswaram the tr
Slide 37: ESG Highlights – Social
ESG Highlights – Social Enhancing hygiene and Promoting Education, Promotion of Healthcare - sanitation standards in the Infrastructure Development - Ophthalmic Equipment community through the Construction of Dining hall, Donation to Vision centres establishment of necessary classroom and toilet fac
Slide 38: ESG Highlights - Governance
ESG Highlights - Governance Corporate Governance Structure Bank has established an effective 10 Board level committees with majority of independent directors; complying with Bank’s Diversity policy and RBI regulations 10 Directors Well experienced and diversified Board corporate governance structure
Slide 39: Awards and Accolades received during the Quarter
Awards and Accolades received during the Quarter Assocham-19th Annual Assocham-19th Annual Assocham-19th Annual Summit and Awards - Summit and Awards - Summit and Awards - Banking & Financial Sector Banking & Financial Banking & Financial Lending Companies - Sector Lending Sector Lending 2024 Compan
Slide 40: Shareholding pattern External Ratings
Shareholding pattern External Ratings Rating Agency Instrument Ratings Promoter group, 2.13 Resident Certificate of A1+ Individual, Deposits ( Reaffirmed) Mutual Fund, 31.63 39.51 Issuer Rating AA (Stable) Certificate of A1+ Deposits (Reaffirmed) Insurance Companies, Short Term Fixed A1+ 4.91 Deposi
Slide 41: Decade of Sustained Growth
(Rs. crore) Decade of Sustained Growth Year 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Paid up Capital 107 122 122 122 145 160 160 160 160 160 161 Reserves 3,219 4,124 4,451 4,723 6,066 6,205 6,440 6,760 7,308 8,264 9,687 Owned funds 3,326 4,246 4,573 4,8
Slide 42: Thank You
Thank You www.kvb.co.in KVB DLite App