IDFC First Bank Ltd. · NSE:IDFCFIRSTB
IDFC First Bank — IDFC Bank — Q1 FY2018 Earnings Presentation
22 slides from IDFC First Bank's earnings presentation, Jul 27, 2017
Slide 1: IDFC Bank
IDFC BANK IDFC BANK
Slide 2: Q1FY18 Financials
Q1FY18 FINANCIALS JULY 27, 2017
Slide 3: Key Highlights: Q1 FY18
Key Highlights: Q1 FY18 No. of Customers Network (11,873) CASA/Gross Advances (Total: 16.0 lacs | IBL customers: 10.1 lacs) Branches 86 (In 000’s) 1605 Corporate BC 1378 74 358 1237 1129 Payment Points 350 74 11,429 335 5.9% 8,189 60 4,275 1,154 4.1% 409 3.3% Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 1.7%
Slide 4: Key Highlights: Q1 FY18 (2 of 2)
Key Highlights: Q1 FY18 (2 of 2) Credit Outstanding1 PAT RoA | RoE Network & Customers ` 83,157 Cr Network: 11,873 Branches: 86 Customers Total: 16.0 lacs 44% Net Adv: ` 46,205 Cr ` 437.6 Cr 1.5% | 11.8% BC & IBL : 358 IBL: 10.1 lacs ATMs: 47 Credit Inv: ` 16,470 Cr Q4 FY17: ` 176.0 Cr Aadhar pay: 3
Slide 5: Network: 11,873 Points of presence
Network: 11,873 Points of presence Payment Points :11,429 Corporate BCs (including IBL): 358 Branches:86 5
Slide 6: Network: National Footprint
Network: National Footprint 25 states 321 districts 655 cities / towns 42,000 villages 11,873 Points of Presence Priority states for Bharat branch network ▪ Madhya Pradesh Punjab ▪ Karnataka Haryana ▪ Rajasthan Gurgaon NewDelhi ▪ Gujarat Jaipur ▪ Maharashtra Rajasthan Shillong MicroATM, EPDS & Aadha
Slide 7: Balance sheet: 17% YoY
Balance sheet: 17% YoY Net retail & corporate assets grew by 24% YoY (in Rs. Crores) Jun-16 Mar-17 Jun-17 % Growth (QoQ) % Growth (YoY) Shareholders' Funds 13,903 14,678 15,125 3% 9% Deposits 13,029 40,208 41,959 4% 222% CASA 869 2,094 2,850 36% 228% Fixed Deposits 6,835 17,970 24,822 38% 263% Certi
Slide 8: PAT growth of 65% YoY in Q1FY2018 (vs. Q1FY2017)
PAT growth of 65% YoY in Q1FY2018 (vs. Q1FY2017) % Growth % Growth (in Rs. Crores) Q1 FY17 Q4 FY17 Q1 FY18 (QoQ) (YoY) Operating Income 711.5 558.4 1,036.9 86% 46% Net Interest Income 515.2 515.6 437.5 -15% -15% Non Interest Income 196.3 42.7 599.4 1302% 205% Fee and Commission 71.6 69.7 142.7 105%
Slide 9: Financials: Key ratios
Financials: Key ratios Particular Q1 FY17 Q4 FY17 Q1 FY18 Return on Assets 1.1% 0.6% 1.5% Return on Equity 7.7% 4.9% 11.8% EPS (`) 0.8 0.5 1.3 Book Value Per Share (`) 41.0 43.2 44.5 NIMs 2.4% 2.0% 1.7% Of which Loan NIMs 3.2% 3.2% 2.4% Cost / Income 38.9% 53.4% 37.6% HR Cost/ Income 19.1% 17.9% 16.
Slide 10: 2.5x increase in Funded Credit (ex-infra)
2.5x increase in Funded Credit (ex-infra) Direct Retail Indirect Retail ELC & LC (Non Infra) Funded Credit (ex-infra) 21,269 12,998 8,624 5,419 4,831 2,778 3,440 427 Jun-16 Jun-17 TOTA L F U N D E D C R E D I T LC Infra Total Funded Credit (incl. infra) 62,675 50,749 42,124 41,406 Jun-16 Jun-17 10
Slide 11: 3.0x increase in Non-funded exposure
3.0x increase in Non-funded exposure 3.0x 20,482 18,605 14,713 10,724 7,060 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 LC BG LuT Total 11
Slide 12: Retail disbursement rate > Rs. 1500 Cr / quarter & rising
Retail disbursement rate > Rs. 1500 Cr / quarter & rising Retail Loan gross • Monthly net disbursement run-rate: 1,547 disbursements B+ Bharat Segment (in Rs. Crores) 1,283 Bharat Plus 156 Bharat 107 Total 263 1,046 880 483 297 289 153 501 129 403 87 144 194 42 Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 12
Slide 13: CASA increased 3.3x to INR 2,850 crore – Y-o-Y
CASA increased 3.3x to INR 2,850 crore – Y-o-Y Wholesale Bank: INR 2147 crore B+: INR 565 crore B: INR 138 crore 2850 SA per retail customer: INR 10,731 B+: INR 21,483 2095 B: INR 2,271 1791 SA Q-o-Q B+: Increased by INR 132 crore to INR 565 crore 899 869 B: Decreased by INR 15 crore to INR 138 cror
Slide 14: 5x increase in core deposits (CASA + Retail TD) – Y-o-Y
5x increase in core deposits (CASA + Retail TD) – Y-o-Y 6282 4907 2850 2960 3103 2095 899 1281 1791 2812 3432 869 2204 1169 412 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Retail TD CASA 14 All figures in Rs Cr
Slide 15: 16 lac customers; current customer acquisition run-rate per month
16 lac customers; Current customer acquisition run-rate of 79k per month Total Customers 16,04,531 13,78,039 12,36,658 11,29,357 59,555 Jun'16 Sep'16 Dec'16 Mar'17 Jun'17 15
Slide 16: Business Highlights
BUSINESS HIGHLIGHTS 16
Slide 17: Bharat Plus Snapshot
Bharat Plus Snapshot Branch Network Assets & AUM (End June 2017) Liabilities • Total funded advances ` 1,608 Cr • ~ 2,03,000 customers 17 Branches • Wealth AUM is `376 Cr • ~ 1,98,000 CASA accounts ➢ Presence across 8 cities in ➢ ` 3,808 Cr deposit book as of India ➢ Breakup of total funded advances
Slide 18: Bharat Plus: Q1 Highlights
Bharat Plus: Q1 Highlights # of Customers 2,06,756 1,38,572 73,763 30,855 20,714 35,029 Significant traction in assets disbursement in Q1 12,578 2,746 compared to a traditionally strong Q4 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 # of customers of which Digitally acquired Q1 FY 18 vs Q4 FY 17 Assets Disbursa
Slide 19: Bharat: ~14 Lacs customers acquired and serviced through branches and Micro ATMs
Bharat: ~14 Lacs customers acquired and serviced through branches and Micro ATMs •69 Branches across MP, Karnataka, AP, Gujarat, Customer Touchpoints Rajasthan, Tamilnadu, Tripura & Meghalaya • 11,310 Customer Points • 326 IBL locations •7,777 MATMs • 32 Partnership BC locations •3,080 Aadhar Pay (M
Slide 20: Wholesale bank
Wholesale bank Transaction Highlights BBPS (Bharat Bill Payment System) mandate from leading Selected as Nodal Transaction Bank for National Housing Bank company Appointed as nodal transactional banker by National Housing Bank, We won our first ever BBPS (Bharat Bill Payment System) the nodal agency
Slide 21: Shareholding pattern
Shareholding pattern % of Top 10 shareholders Sr No Name Category Jun-17 1 IDFC (Promoters) Promoter 52.9% 2 GoI Government 7.7% 3 Blackrock Fund FII / FDI 1.7% 4 Platinum Investment Management FII / FDI 1.4% 5 Vanguard FII / FDI 1.3% 6 Emerging Markets Funds FII / FDI 1.1% 7 Capital Group Inc FII /
Slide 22: Thank You
THANK YOU