IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q2 FY2009 Earnings Presentation
18 slides from IDBI Bank's earnings presentation, Oct 24, 2008
Slide 1: Presentation on Performance during Q2 – 09
Presentation on Performance during Q2 – 09 October 24, 2008 24-Oct-08 1
Slide 2: Our Vision
Our Vision “To be the trusted partner in progress b leveraging by l i quality li human h capital i l andd setting global standards of excellence to build the most valued ffinancial conglomerate” g 24-Oct-08 2
Slide 3: Contents
Contents Highlights Financial Performance 24-Oct-08 3
Slide 4: Highlights: Balance Sheet
Highlights Business stands at Rs.1.67 lakh Crore Balance Sheett Balance sheet size at Rs.1.35 lakh Crore Deposits epos s at Rs. s. 79,445 79, Cr; C ; growth g ow 59% 9% CASA at 16.19% of total deposits Advances at Rs. 87,119 Cr; growth 40% Business per Employee Rs. Rs 18.25 18 25 Crore
Slide 5: Highlights: Profitability
Highlights NII – Q2 FY09 at Rs. 229 Cr (Q2 FY08 Rs.150 Cr) NII for Q2 09 up by 53.09% Proffitability Q2 FY 09 PAT Rs.162 Cr (Q2 FY08 Rs.156 Cr) PAT for Q2 09 by 4.49% 24-Oct-08 5
Slide 6: Highlights: Others
Highlights Balance sheet growth at 24.67% Total business [Dep. [Dep + Adv Adv.]] grew by 48 48.25% 25% to Rs.1,66,564 Cr Total business [including deposits in the nature of Ottherss bonds] grew by 36.25 % to Rs. 1,91,404 Cr CRAR – 11.57 % (PY 08 - 11.95 %) – Tier I : 7.07% <> Tier II : 4.50
Slide 7: Profit & Loss Account
Profit & Loss Account Particulars Q2-09 Q2-08 QoQ HY 08 HY 07 HYoHY (Rs. Crore) (Rs. Crore) % (Rs. Crore) (Rs. Crore) % IInterest t t income i 2697 1906 41.52% 41 52% 5122 3701 38.4% 38 4% Interest expenses 2468 1756 40.53% 4794 3486 37.5% Net Interest income 229 150 53.09% 328 215 52.9% Other Incom
Slide 8: Details of Other Income
Details of Other Income Q2-09 Q2-08 HY Sep 2008 HY Sept 2007 FY 08 Particulars (Rs. % to (Rs. % to (Rs. % to (Rs. % to (Rs. % to Crore) Total Crore) Total Crore) Total Crore) Total Crore) Total Commission, Excg & Brkg 146 45.56% 78 17.92% 253 38.90% 157 19.09% 349 22.06% Profit on sale of investment
Slide 9: Details of Operating Expenses
Details of Operating Expenses (Rs. Crore) Particulars Q2-09 Q2-08 Payments to & provisions of employees 113 84 Rent, taxes & lighting 26 24 Printing & stationery 6 4 Advertisement & Publicity 0 3 Depreciation on bank's property 22 16 Depreciation on leased assets 4 7 Director's fees, allowances & ex
Slide 10: Key Profitability Indicators
Key Profitability Indicators Q2-09 Q2-08 Net Interest Marging ((%)) 0.79% 0.67% Return on Assets (%) 0.50% 0.60% Return on Equity (%) 9.38% 9.82% Cost of all liabilities ((%)) 7.61% 6.74% Yield on Total Assets 9.30% 8.95% Margin (%) 1.69% 2.21% Cost of Funds (%) 8.43% % 7.72%% Return on Earning Asse
Slide 11: Key Operating Indicators
Key Operating Indicators Q Q2-09 Q Q2-08 Non-interest income to Total Income 10.61% 18.17% Efficiency [Cost- Net Income] Ratio 48.19% 39.79% p Staff Expenses to total income 3.74% 3.58% Staff Expenses to total expenses 4.12% 4.21% Overhead efficiency ratio 120.99% 185.03% 24-Oct-08 11
Slide 12: Balance Sheet
Balance Sheet (Rs. Crore) As at 30-Sep-08 30-Sep-07 LIABILITIES C i l Capital 725 725 Reserve & Surplus 8394 7861 Net Worth 9119 8586 Deposits p 79445 50002 Borrowings 36654 39202 Other Liabilities & provisions 10135 10776 Total 135353 108566 ASSETS Cash & balance with RBI 7750 6544 Bal. with banks
Slide 13: Balance Sheet Ratios-Liabilities
Balance Sheet Ratios-Liabilities 30-Sep-08 30-Sep-07 Total Business [Dep. + Adv.] (Rs Cr) 166564 112355 Net NPAs to Net Advances 1.28% 1.11% SB Deposits to Total Deposits 6.52% 8.59% Current Account Deposits to Total Deposits 9.68% 12.30% Time Deposits to Total Deposits 83.81% 79.11% Book Value - Rs
Slide 14: Asset Quality: NPAs
NPAs As at 30-Sep-2008 (Rs.Crore) Gross Advances 88556 ality Gross NPAs 1652 t Qua Gross NPAs as % of Gross Advances 1.87% Total Provisions held 525 Net Advances 88032 Asset Net NPAs 1127 Net NPAs as % of Net Advances 1.28% A 24-Oct-08 14
Slide 15: Strong Capital Position
Strong Capital Position 16% 14% 12% 14.10 % 10% 11.95 % 11.57 % 8% 1 1 8.95 % 6% 7.42 % 7.07 % 4% 5.15 % 3% 4.50 % 4.53 2% 0% Tier I Capital Tier II Capital Total CAR 30 Sep- 30- S 07 8 95% 8.95% 5 15% 5.15% 14 10% 14.10% 31- Mar- 08 7.42% 4.53% 11.95% 30- Sep- 08 7.07% 4.50% 11.57% • Capital consid
Slide 16: Priority Sector Advance
PRIORITY SECTOR ADVANCE Rs. in Crore Particulars Mar-08 Mar-08 as Sep-08 Sept-08 as Growth Jun-08 P Percentage t P Percentage t over Mar-M of ANBC of ANBC 08 Actuals Actuals Actuals Actuals Actuals Actuals (1) (2) (3) (5) (6) [(4) (6)=[(4)- (4) (2)] Priority Sector Advances (a+b+c) 15233 24.2 16846
Slide 17: Key Stock Indicators
Key Stock Indicators As on September 30, 2008 Shareholding Pattern : September 30, 2008 Market price per share (Rs) 74.35 Market Capit alisat ion (Rs.crore) 5,389 Others Govt. of Earnings per share (Rs) (annualised) 8.97 11.45% India Book value per share (Rs) 97.81 Public 52.68% 15.60% Price t o Boo
Slide 18: SASF Performance Highlights
Performance Highlights Position of Settlement as on September 30, 2008 [Rs. Crore] P ti l Particulars N off cos. No B kV Book Value l S ttl Settlement t Amount A t Total Assets Transferred 631 9000 Settlement position 446 5456 4977 Break-up p of Status of settlement cases SASF Fully paid & accounts