IDBI Bank Limited · NSE:IDBI
IDBI Bank — Q2 FY2019 Earnings Presentation
45 slides from IDBI Bank's earnings presentation, November 2018
Slide 1: Presentation to Analysts Q2 FY 2019
|G) IDBIBANK Bank. Aisa Dost Jaisa mPresentation to Analysis! Q2 FY 2019
Slide 2: Content
Content Highlights Financial Performance Business Performance Treasury Operations Asset Quality Capital Digital Banking & Financial Inclusion 2
Slide 3: Highlights
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Slide 4: Highlights for Quarter September 2018 - (QoQ)
Highlights for Quarter September 2018 - (QoQ) Operating profit (excl.non core profit) for the Qtr Sep18 at Rs. 634 Cr (41% Decline ) NII at Rs.1301 Cr (21% decline) Interest Expenses at Rs.4055 Cr (2% decline) Operating expenses at Rs.1257 Cr (5% increase) Recovery from W/off accounts at Rs.148 Cr (
Slide 5: Financial Performance
mlatelarestel Performance |@ IDBI BANK | 5
Slide 6: Profit & Loss - Quarterly
Profit & Loss - Quarterly (Rs.Crore) Quarter ended Growth Growth Particulars Sep-17 Mar-18 June-18 Sep-18 (Y-o-Y)% (Q-o-Q)% Interest Income 6 004 5 214 5 760 5 356 (11) (7) Interest Expenses 4 347 4 299 4 121 4 055 (7) (2) Net Interest Income 1 657 915 1 639 1 301 (22) (21) Other Income 2 298 2 701
Slide 7: Profit & Loss – Half Yearly
Profit & Loss – Half Yearly (Rs.Crore) Growth Particulars H1 FY18 FY 18 H1 FY19 (Y-o-Y)% Interest Income 12 015 23 027 11 115 (7) Interest Expenses 8 956 17 386 8 176 (9) Net Interest Income 3 059 5 640 2 939 (4) Other Income 2 984 7 014 1 449 (51) Net Total Income 6 044 12 654 4 389 (27) Operating
Slide 8: Other Income
Other Income (Rs.Crore) Quarter Ended Fee Income Breakup YoY Q-o-Q Sept-17 Mar-18 June-18 Sept-18 Growth (%) Growth (%) BG Commission 92 107 88 81 -12% -8% LC Commission 88 134 110 63 -28% -42% Bills Commission 6 2 3 6 14% 99% Proc Fee & Incidental Charges 117 162 130 114 -3% -13% Remittances Fees 2
Slide 9: Operating Expenses- Quarterly
Operating Expenses- Quarterly (Rs.Crore) 1253 1257 1200 1152 800 722 749 730 527 430 453 452 Qtr Sept 17 Qtr Mar 18 Qtr June 18 Qtr Sept 18 Operating Expenses Other Operating expenses Staff Expenses Operating Costs (Y-o-Y) increased mainly on account of provision towards gratuity expenses due to the
Slide 10: Operating Expenses- Half Yearly
Operating Expenses- Half Yearly (Rs.Crore) 5000 4745 4500 4000 3500 Operating Expenses 2950 3000 2397 2458 2500 Other Operating expenses 2000 1795 1463 1479 1500 934 979 1000 Staff Expenses 500 0 H1 FY18 FY18 H1 FY19 10
Slide 11: Provisions & Contingencies- Quarterly
Provisions & Contingencies- Quarterly (Rs.Crore) Quarter Ended Particulars Sept-17 Mar-18 June-18 Sept-18 Depreciation on Investment 204 709 68 1 070 - MTM Gain/(Loss) (107) (612) (415) (963) - MTM W/back - - 488 - Provision for NPAs 2 842 10 773 4 603 5 482 Provision towards standard assets 156 (15
Slide 12: Provisions & Contingencies- Half Yearly
Provisions & Contingencies- Half Yearly (Rs.Crore) Particulars H1 FY18 FY18 H1 FY19 Depreciation on Investment 608 2 219 1 138 - MTM Gain/(Loss) (395) (1818) (1378) - MTM W/back - - 488 Provision for NPAs 4 715 19 126 10 084 Provision towards standard assets 256 (1133) (157) Provision for Restructur
Slide 13: Yield Ratios
Yield Ratios Qtr Sept 17 Qtr Mar 18 Qtr June 18 Qtr Sept 18 8.97% 8.83% NIM has reduced by 37 bps from 8.46% 2.17% to 1.80% QoQ 7.18% Qtr Sept 17 Qtr Mar 18 Qtr June 18 Qtr Sept 18 Yield on Advances 2.17% 2.17% 1.80% 1.19% Cost to Income Ratio 70.82% 66.46% 52.62% NIM 44.02% Sep-17 March-18 June-18
Slide 14: Profitability Ratio
Profitability Ratio Performance (in %) Quarter ended Particulars Sep-17 Mar-18 Jun-18 Sep-18 Cost of all Liabilities 5.29% 5.18% 5.04% 5.12% Yield on Total assets 10.13% 8.96% 7.77% 7.71% Margin 4.84% 3.78% 2.73% 2.59% Cost of funds 5.95% 5.85% 5.72% 5.79% Ret on Earning assets 10.72% 9.51% 8.45% 8.
Slide 15: Business Performance
Business Performance 15
Slide 16: Balance Sheet
Balance Sheet (Rs.Crore) As at 30-Sep-17 31-Mar-18 30-Jun-18 30-Sep-18 LIABILITIES Capital 2 358 3 084 4 181 4 181 Reserve & Surplus 21 449 18 126 22 500 18 897 Deposits 2 41 566 2 47 932 2 39 896 2 36 227 Borrowings 52 201 63 186 45 941 54 128 Other Liabilities & Provisions 15 514 17 987 10 157 12
Slide 17: Balance Sheet Ratios
Balance Sheet Ratios (Rs.Crore) Particulars Sep-17 Mar 18 June 18 Sep-18 Total Business [Dep. + Adv.] (Rs. In Cr) 425118 419672 399695 394020 SB Deposits to Total Deposits (EOP) 21.31% 23.04% 22.83% 24.14% Current Account Deposits to Total Deposits(EOP) 14.03% 14.11% 12.68% 13.99% Time Deposits to T
Slide 18: CASA Performance
CASA Performance Terminal level (Rs.Crore) YoY QoQ Parameters Sept -17 Mar -18 June - 18 Sept - 18 variation variation Global Deposits 241566 247932 239896 236227 -2% -2% CASA Share (%) 35.34 37.15 35.51 38.13 CASA Deposits 85376 92102 85180 90071 5% 6% Saving Deposits 51488 57125 54772 57035 11% 4%
Slide 19: CASA-Low Cost Deposit
CASA-Low Cost Deposit (Rs.Crore) CASA Terminal Level Savings Deposits 92102 57125 57035 90071 54772 85376 85644 85180 52225 51488 Sept -17 Dec - 17 Mar -18 June - 18 Sept - 18 Sept -17 Dec - 17 Mar -18 June - 18 Sept - 18 CASA % 38.13% 37.15% CASA Deposits have improved by 36.14% 35.51% 5.50% Y-o-Y
Slide 20: Cost of Deposit & Cost of Funds
Cost of Deposit & Cost of Funds Cost of Deposits 5.78% 5.65% 5.46% 5.34% 5.41% 5.41% June-17 Sept-17 Dec-17 Mar-18 June-18 Sept-18 Cost of Funds 5.99% 5.95% 5.83% 5.79% 5.72% 5.64% June-17 Sept-17 Dec-17 Mar-18 June-18 Sept-18 20
Slide 21: Advances
Advances (Rs.Crore) Terminal level YoY QoQ Parameters Sept -17 Mar -18 June - 18 Sept - 18 variation variation Gross Advances 205670 198853 187814 191524 -7% 2% Corporate 124663 110245 103264 103744 -17% 0% Retail 81007 88608 84550 87780 8% 4% Corporate : Retail (%) 61:39 55:45 55:45 54:46 Global Ne
Slide 22: Increasing RAM
Increasing RAM % of RAM Share in Advances % of MSME Share in 48.00 Advances 45.64 9.00 46.00 44.79 8.63 44.11 44.00 8.50 % of 42.00 7.91 MSME 8.00 7.67 % of RAM Share in Share in 40.00 38.63 7.40 Advances 7.50 Advance 38.00 s 36.00 7.00 34.00 6.50 Sep-17 Mar-18 Jun-18 Sep-18 Sep-17 Mar-18 Jun-18 Sep
Slide 23: Retail Products Growth
Retail Products Growth Structured Retail Assets Sep-17 Mar-18 Jun-18 Sep-18 Growth (YoY) Growth (QoQ) (Rs.Crore) (%) (%) HL 30259 32042 32370 33803 12 4 LAP 9106 10670 10592 11229 23 6 EL 817 841 842 943 16 12 PL 341 395 409 457 34 12 AL 1357 1569 1613 1706 26 6 Structured Retail Assets 41880 45518
Slide 24: Priority Sector
Priority Sector Particulars Mar 18 Mar-18 as Sept 18 Sept-18 as Growth over (Rs.Crore) % of ANBC % of ANBC March-18 Actuals Actuals Actuals Actuals Actuals Sr. (1) (4) (5) (8) (9) (10)=[(8)-(6)] ANBC 209055 210593 Priority Sector 97663 46.72% 86894 41.26% -10769 Advances (a+b+c) (a) Agriculture (i+i
Slide 25: Top 20 Industry-wise Advances
Top 20 Industry-wise Advances (Rs.Crore) Outstanding as on 30.09.2018 % of Total Outstanding Top 20 Industries NFB advances FTNPA for FB Total GNPA Exposure (Fund the Qtr based+Non fund based) Infrastructure 40527 23548 64076 18.78% 16320 977 -Transport 11600 7118 18719 5.49% 5369 236 -Energy 23148
Slide 26: Treasury Operations
Treasury Operations |@ IDBI BANK | 26
Slide 27: Treasury Operations
Treasury Operations Rs.Crore Particulars Quarter ended Year Ended Sep-18 Jun-18 Sep-17 Mar-18 Profit/ (Loss) on sale of investments (net) 122 -25 1749 3932 A) Profit from Strategic Sale (Investments) 216 0 1337 3353 B) Others -93 -25 411 579 Profit/(Loss) on revaluation of investments 0 0 0 0 (net)*
Slide 28: Investments
Investments (Rs. Crore) Sept-18 Category Sep-17 Mar-18 Jun-18 Sept-18 1% HTM 57630 60192 56106 59675 HTM AFS 28147 31244 35537 34410 36% AFS HFT 125 170 2884 675 HFT 63% Total 85902 91606 94527 94760 Modified Duration of Total Trading Book as on Sept 30, 2018 is 4.37 Parameter Sep-17 Mar-18 Jun-18 S
Slide 29: Asset Quality
Asset Quality |@ IDBI BANK | 29
Slide 30: Asset Quality
Asset Quality (Rs.Crore) PCR improved from 54.56% (Sep 2017) to 68.72% (Sep 2018) Particulars Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Gross Advances 208085 205670 204768 198853 187814 191524 Gross NPAs 50173 51368 50622 55588 57807 60875 Gross NPAs as % of Gross Advances 24.11% 24.98% 24.72% 27.95
Slide 31: NPA Movement
NPA Movement DESCRIPTION Q1 FY 18 Q2 FY 18 Q3 FY 18 Q4 FY 18 FY 18 Q1 FY 19 Q2 FY 19 (Rs.Crore) Opening Balance 44753 50173 51368 50622 44753 55588 57807 Add: a. First Time NPA 7659 3381 6543 18023 35605 7799 3489 b. Increase/Ageing 705 1322 312 407 2746 949 765 Less: c. Settled 1492 1297 537 3513 6
Slide 32: NCLT Summary- Cases filed as per RBI Direction
NCLT Summary- Cases filed as per RBI Direction (1st & 2nd List) Sep 30, 2018 Sep 30, 2018 Particulars RBI 1st List RBI 2nd List No. of Cases 12 29 Cases where IDBI Bank has exposure 11 19 IDBI Bank Lead cases 2 4 Cases which have been Admitted 11 13 IDBI Bank Gross Principal O/S (Rs. Cr.) as on Sep
Slide 33: Cases filed and admitted in NCLT Summary
Cases filed and admitted in NCLT Summary (where IDBI Bank has exposure) (Rs.Crore) Cases filed in NCLT Sep 30, 2018 Cases Admitted in NCLT Summary Summary Gross Particulars Sep 30, 2018 No. of Particulars Principal Cases Amount No. of Cases filed 280 Cases Filed by IDBI Bank 25 13,156 No. of Cases A
Slide 34: Quantum of NPA referred to NCLT
Quantum of NPA referred to NCLT (Rs.Crore) 70000 60875 60000 57807 55588 51368 Gross NPA 50000 40000 30,318 31,850 Under NCLT 30000 including TWO 23,986 A/Cs 20,708 20000 10000 0 'Sep-17 Mar-18 Jun-18 Sep-18 34
Slide 35: Capital
Capital |@ IDBI BANK | 35
Slide 36: Capital Adequacy
Capital Adequacy (Rs.Crore) Particulars Sept-17 Mar-18 June-18 Sept-18 CET 1 + CCB (Rs.) 16208 16392 11668 7426 AT 1 (Rs.) 5854 684 684 684 Tier 1 Capital (Rs.) 22062 17076 12351 8109 Tier 2 Capital (Rs.) 7540 5915 6077 5754 Total Capital (Rs.) 29602 22991 18428 13863 RWA (Rs.) 247041 220864 199823
Slide 37: Risk Weighted Assets
Risk Weighted Assets (Rs.Crore) Movement of RWA against Advances As on Particulars Mar-17 Jun-17 Sep 17 Dec-17 Mar -18 Jun-18 Sept-18 Credit RWA 232225 220977 209093 204158 180271 161548 155018 Market RWA 20184 20427 21018 27774 23664 21491 20226 Operation RWA 16588 16929 16929 16929 16929 16785 167
Slide 38: Shareholding Pattern
Shareholding Pattern % of Share Holding as on 30.09.2018 1.04 0.69 1.05 GOI 2.97 0.31 7.98 Other Insurance Companies LIC 0.93 % of Share Holding as on Public 0.69 2.65 1.05 02.11.2018 85.96 Foreign Portfolio GOI Investors 0.28 FI/Banks/MF 14.90 Other Insurance Companies LIC Other Public Foreign Port
Slide 39: Digital Banking & Financial Inclusion
Digital Banking & Financial Inclusion 39
Slide 40: Digital Channel Total Registrations
Digital Channel Total Registrations Particulars September 18 September 17 Growth(%) Debit Cards in Lakhs 120 111 8.11 I Net Banking (No of 10 Customer Reg.) 9686082 8805284 Mobile Banking (No of Customer Reg. 2373587 927855 155.81 No of ATM 3723 3837 -2.97* No of E Lounge 58 58 - BHIM UPI 1153611 31
Slide 41: Digital Channel Volume of Transactions
Digital Channel Volume of Transactions (Rs in Cr) Particulars Qtr September 18 Qtr September 17 Growth(%) ATMs 11014 10699 2.95 Debit Cards 14070 8401 67.48 Credit Cards 34.40 21.64 58.96 POS Terminals 2359 2971 -20.60* Internet Banking 128434 114369 12.30 Mobile Banking 2045 108 1793.52 * Inactive
Slide 42: Digital Footprints
Digital Footprints Digital Footprints IDBI Bank received National Payments Excellence Award – 2017 by NPCI The progress on DigiDhan Mission as on June 30, 2018, data published by MeitY, IDBI Bank has scored 61 marks (out of 100 marks). The Bank has been ranked 19th amongst the 56 Public, Foreign & P
Slide 43: Branch & ATM Network – Pan India
Branch & ATM Network – Pan India No. of Branches No of ATMs 1926 3816 1916 3779 1899 1899 3735 3727 Sept-17 Mar-18 Jun-18 Sept-18 Sept-17 Mar-18 Jun-18 Sept-18 0% 800 700 672 23% 22% 615 610 600 559 576 580 600 529 500 400 BC Nos 24% 31% BF Nos 300 200 100 Rural Semi-Urban Urban 0 Metro Overseas Sep
Slide 44: Financial Inclusion
Financial Inclusion PMJDY Avg Bal (in Rs.) 2700 2666 2634 2600 2500 2400 PMJDY Avg Bal (in 2298 Rs.) 2300 2200 2100 Sep-17 Jun-18 Sep-18 DBT Amt Received (Rs Cr) 900 844 800 676 700 600 500 DBT Amt Received 400 306 (Rs Cr) 300 200 100 0 Sep-17 Jun-18 Sep-18 44
Slide 45: Thank You
Thank You |@) IDBI BANK | 45