IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q1 FY2014-15 Earnings Presentation
25 slides from IDBI Bank's earnings presentation, June 2014
Slide 1: Presentation to Analysts
Presentation to Analysts June 2014
Slide 2: Genesis
Genesis 1964- 1964-1976 1994- 1994- 00 2003 - 06 2007- 2007- 14 Set up by an IDBI Act amended IDBI Repeal Act Complete Networking (100% Act of to permit private passed in Core Banking) Parliament in ownership upto December 2003 Name changed to IDBI Bank 1964 as a 49%. for conversion to a Ltd subsidi
Slide 3: Status as Leading DFI
Status as Leading DFI • Leading provider of long term finance o Played an apex role in helping create the industrial and infrastructural base in the country o Total Investments generated – ` 4000 billion (approx.) (over USD 80 bn) o Significant player in domestic debt syndication. • Played a pivotal
Slide 4: Distribution Network
Distribution Network • Reach • 1417 branches; 2538 ATMs • 1- Overseas, 344-Metro, 422-Urban, 385-Semi Urban & 265-Rural • Presence in 1005 locations • Network of : o 66 Retail Asset Centres o 6 PSG Processing Centres o 21 Credit Processing Centres o 7 Regional Processing Units o 29 Central Clearing
Slide 5: Highlights (Q1FY15 over Q1FY14)
Highlights (Q1FY 15 over Q1FY 14) (` in Crore) 184581 210343 1475 516 1317 307 FEE INCOME OP PROFIT ADVANCES DEPOSITS PAT NII 3% 15% 15% 16% 30% 65% 178945 183277 1251 431 928 106 6.30 8.00 2.12 6.00 0.41 20.97 4.00 21 2.00 20.8 Q1 FY14 20.58 Jun-14 0.00 20.6 - 2.00 1.70 1.93 Q1 FY15 20.4 Jun-13 - 4
Slide 6: Balance Sheet
Balance Sheet (` in Crore) As at Jun-14 Jun-13 LIABILITIES Capital 1604 1333 Res erve & Surplus 22129 20197 [Net Worth] 22003 19751 Depos its 210343 183277 Borrowings 65864 73429 Other Liabilities & provis ions 9412 9554 Total 309352 287790 ASSETS Cas h & balance with RBI 10688 10561 Bal. with banks
Slide 7: Profit & Loss
Profit & Loss (` in Crore) Quarter Ended FY Ended Particulars Jun-14 Jun-13 Mar-14 Mar-13 Interest income 6733 6728 26598 25064 Interest expenses 5482 5253 20576 19691 Net Interest income 1251 1475 6021 5373 Other Income 500 717 2979 3220 Total income 1751 2192 9000 8593 Operating Expenses 822 875 3
Slide 8: Details of Other Income
Details of Other Income (` in Crore) Quarter Ended FY Ended Particulars Jun-14 Jun-13 Mar-14 Mar-13 Commission, Excg & Brkg 369 381 1818 2237 Profit on sale of investments 39 147 522 391 Profit/(Loss) on revaluation of investment 0 -4 -1 39 Profit on sale of Fixed Assets 0 0 -2 0 Profit on forex/der
Slide 9: Details of Operating Expenses
Details of Operating Expenses (` in Crore) Quarter Ended FY Ended Particulars Jun-14 Jun-13 Mar-14 Mar-13 Staff Cost 395 490 1525 1569 Rent, taxes & lighting 79 63 305 281 Printing & stationery 11 11 45 39 Advertisement & Publicity 3 5 40 13 Depreciation 31 27 113 124 Postage, Telegram, Teleph., etc
Slide 10: Key Ratios
Key Ratios Quarter Ended FY Ended Particulars Jun-14 Jun-13 Mar-14 Mar-13 Net Interest Margin 1.70% 2.12% 2.17% 2.12% Return on Assets 0.14% 0.41% 0.38% 0.69% Return on Equity 1.93% 6.30% 5.57% 10.39% Cost of all liabilities 6.99% 7.03% 6.95% 7.26% Yield on Total Assets 9.23% 9.97% 9.99% 10.43% Marg
Slide 11: Balance Sheet Ratios
Balance Sheet Ratios (` in Crore) P a rt ic ula rs J u n - 14 J u n - 13 Tot a l Busine ss [ De p. + Adv.] 394924 362222 S B De posit s t o Tot a l De posit s 12.53% 12.08% Cur r e nt Ac c ount De posit s t o Tot a l De posit s 8.44% 8.49% Time De posit s t o Tot a l De posit s 79.03% 79.43% Book Va
Slide 12: NPAs
NPAs (` in Crore) Particulars Jun-14 Jun-13 Gross Advances 190760 183537 Gross NPAs 10763 7959 Gross NPAs as % of Gross Advances 5.64% 4.34% T otal Provisions held 6179 3992# Net Advances 184581 178945 Net NPAs 5292 3872 Net NPAs as % of Net Advances 2.87% 2.16% Provision Coverage Ratio 51.53% 52.76
Slide 13: Summary of NPAs as on June 30, 2014
Summary of NPAs as on June 30, 2014 (` in Crore) For the Quarter Gross NPA NPA Provision & NPV Net NPA Loss As on 01.04.2014 9960 5058 4902 Additions (First Time NPA) 1088 557 531 Less: (i) Upgradations 106 56 50 (ii) Recoveries 174 83 91 (iii) Write off 5 5 0 As on 30.06.2014 10763 5471 5292 13
Slide 14: Classification of NPAs as on June 30, 2014
Classification of NPAs as on June 30, 2014 (` in Crore)) % of Gross NPV Provision Net NPA Provision to NPA Loss Gross NPA Sub Standard Assets 3357 1015 14 2328 30.24 Doubtful Assets 7055 4012 79 2964 56.87 Loss Assets 351 351 0 0 100.00 Total 10763 5378 93 5292 49.97 14
Slide 15: Break up of Provisions & Contingencies
Break up of Provisions & Contingencies (` in Crore)) Particulars Quarter ended FY ended Jun-14 Jun-13 Mar-14 Depreciation on investment 64 10 180 Provision for NPAs 406 739 1681 Provision towards standard assets* 33 0 173 Provision for Restructured Assets (including FITL) 242 75 486 Income Tax 238 4
Slide 16: Liabilities
Liabilities (` in Crore) Deposits Jun-14 Jun-13 Current 17743 15565 Savings 26366 22145 Term 166235 145567 Total 210343 183277 Maturity Profile Amount Borrowings Jun-14 Jun-13 Upto 6 months 94909 Tier I 1709 2559 6 months -1 year 44421 Tier II 14566 14566 1 year - 3 years 74651 Others 26373 32206 3
Slide 17: Advances
Advances (` in Crore) Nature Jun-14 Jun-13 Bills 4709 4354 CC, OD,WCDL ETC 45107 41211 Vertical Jun-14 Jun-13 Term Loans- Other 134765 133381 Total 184581 178946 CBG 84156 87382 Top 20 Borrowers 22443 ICG 48024 45907 Maturity Profile Advances RBG 52400 32100 Upto 6 months 21031 PSG# - 13557 6 months
Slide 18: Advances
Advances (` in Crore) Outstanding Committed Industry FB NFB TOTAL FB NFB TOTAL POWER 21560 8373 29933 32509 14927 47436 OIL & GAS/PETROLEUM PRODUCTS 8392 9115 17507 11176 18275 29452 INFRASTRUCTURE OTHERS 10416 9591 20007 14164 14084 28248 ROADS & BRIDGES / PORTS 12818 5332 18150 16798 10716 27513 H
Slide 19: Summary of Restructured Advances as on June 30, 2014
Summary of Restructured Advances as on June 30, 2014 (` in Crore) Particulars PA NPA Total Gross 17195 2931 20126 Less: FITL Provision 1160 155 1315 Net of FITL Provision 16035 2776 18811 Less: Cases considered for Provisioning @ 0.40% 2248 0 2248 Total 13787 2776 16563 19
Slide 20: Industry wise Restructured Advances
Industry wise Restructured Advances (` in Crore) Net Net Indus try Outs tanding Indus try Outs tanding June 2014 June 2014 AGRO INDUSTRIES 256 IRON AND STEEL 441 AIR TRANSPORT 1 183 METAL INDUSTRY 1 316 AQUACULTURE 87 MINING AND QUARRYING 46 CEMENT 28 MISC. INDUSTRY 120 CERAMIC INDUSTRY 116 MOTOR VE
Slide 21: PA to NPA out of Restructured Advances as on June 30, 2014
PA to NPA out of Restructured Advances as on June 30, 2014 (` in Crore) Net Net Outstanding Outstanding Industry June 2014 Industry June 2014 AGRO INDUSTRIES 103 IRON AND STEEL 1 AIR TRANSPORT 696 METAL INDUSTRY 143 AQUACULTURE 8 MINING AND QUARRYING 3 CEMENT 7 MISC. INDUSTRY 22 CERAMIC INDUSTRY 64
Slide 22: Investments
Investments (` in Crore) C ate gory HTM AFS HFT Total Government securities 52812 4925 2107 59844 SASF Securities 4691 0 0 4691 Shares (Equity) 0 2469 12 2481 Shares (Preference) 0 456 0 456 Debentures/ Bonds 0 12620 0 12620 Subsidiaries / Joint Ventures 644 0 0 644 Security Receipts 0 526 0 526 Oth
Slide 23: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding IDBI CAPITAL MARKET SERVICES LIMITED 100.00 IDBI INTECH LIMITED 100.00 IDBI MF TRUSTEE COMPANY LTD. 100.00 IDBI ASSET MANAGEMENT LTD. 65.22 IDBI TRUSTEESHIP SERVICES LIMITED 54.70 IDBI FEDERAL LIFE INSURANCE COMPANY LIMITED 48.00
Slide 24: List of Some Strategic Investments
List of Some Strategic Investments Name of Company Percentage Holding ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED 19.18 OTC EXCHANGE OF INDIA LIMITED 17.00 CREDIT ANALYSIS AND RESEARCH LIMITED 16.62 EDC LIMITED 11.43 NEPAL DEVELOPMENT BANK LIMITED 10.00 UNIVERSAL COMMODITY EXCHANGE LTD. 10.00 CLEAR
Slide 25: Thank You
@ DBI BANK Thank You