Financial Data Report MCB GROUP LIMITED (THE GROUP) for the period ending 31.Dec.2017

Transcription

1 Financial Data Report MCB GROUP LIMITED (THE GROUP) for the period ending 31.Dec.2017

2 Equity Statistics Particulars Units 29-Dec-17 Current Market Price MUR week H/L* MUR / Market Capitalisation MUR Mn 65, P/B Times 1.38 P/E Times 9.72 Dividend Yield % 3.39 *The 52W/H 52W/L prices are not adjusted to cater for Share Splits/Bonus Issues/Rights Issues and other corporate actions taking place within the 52 week period. Value Traded (MUR 000) Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Period 3 Months 6 Months 1 Year 3 Years Stock Returns (%) Stock Returns Index Returns Relative Return (19.51) (4.96) (14.55) (2.89) 6.70 (9.59) Page 2

3 Shareholding Pattern (%) ( ) Individuals Insurance & Assurance Companies Investment & Trust Companies Pension & Providend Funds Other Corporate Bodies Annual Financial Snapshot Income Statement Year Ended 30-Jun Jun Jun Jun-17 Net Interest Income (MUR Mn) 7, , , , Growth in NII (%) Per Share Data (MUR) Year Ended 30-Jun Jun Jun-17 BVPS Diluted EPS Key Financial Ratios Year Ended 30-Jun Jun Jun-17 NIM (%) ROTA (%) CAR (%) GNPA (%) Quarterly Financials Dec-17 Dec-16 Sep-17 Growth Growth (MUR Mn) Y-o-Y (%) Q-o-Q (%) Net Interest Income 2, , , Non Interest Income 1, , , PBT 2, , , PAT 1, , , Loans & Advances 2,03, ,96, ,97, Total Assets 3,69, ,35, ,57, Per Share Data (MUR) Dec-17 Dec-16 Sep-17 Diluted EPS Profitability Ratio (%) Dec-17 Dec-16 Sep-17 NIM (Annualized) ROTA (Annualized) Page 3

4 Annual Financial Statistics Income Statement (MUR Mn) Year Ended 30-Jun Jun Jun-17 Interest Income 11, , , , Interest Expense 4, , , , Net Interest Income 7, , , , Non Interest Income 5, , , , Total Income (Net Interest Income + Non Interest Income) 12, , , , Operating Expenses (excluding impairments) 5, , , , Credit Impairments 2, , , , PBT 5, , , , PAT 4, , , , Balance Sheet (MUR Mn) Year Ended 30-Jun Jun Jun-17 No. of Shares (Number) 237,977, ,046, ,985, ,985,411 Total Equity 32,704 37, , , Deposits 1,86,088 2,19, ,55, ,74, Other Borrowings 14,288 15, , , Other Liabilities 7,747 7, , , DTL Total Equity & Liabilities 2,40, ,80, ,17, ,45, Cash & Equivalents 18, , , , Loans to and placements with other banks 6, , , , Loans & Advances 1,50, ,64, ,63, ,71, Investments 42, , , , Tangible Assets 6, , , , Intangible Assets DTA Other Assets 16, , , , Total Assets 2,40, ,80, ,17, ,45, Tangible Networth 31, , , , Page 4

5 Annual Financial Statistics (cont..) Per Share Data (MUR) Year Ended 30-Jun Jun Jun-17 BVPS Diluted EPS DPS Growth Y-o-Y (%) Year Ended 30-Jun Jun Jun-17 Growth in NII Growth in PAT Growth in EPS Growth in Loans & Advances Growth in Total Assets Key ratios Year Ended 30-Jun Jun Jun-17 NIM (%) Cost to Income (%) ROTA (%) RoE (%) GNPA (%) CAR (%) Tier I CAR (%) Debt / Networth (times)* C/D Ratio (times) *Deposits have been included in the numerator of the Debt/Networth ratio. Without deposits, the Debt/Networth ratio would have been 0.25 times for the year ending 30 June Please see explanatory note for details on the methodology. Result Analysis In Dec 2017, MCB Group's net interest income witnessed y-o-y growth of 8.2%, due to growth in the foreign lending portfolio of MCB Ltd. and higher investment in G-Sec amidst excess liquidity situation in Mauritius exerting pressures on margins locally. PAT increased due to international activities of MCB Ltd and the non-banking segment. Asset quality improved with gross GNPA ratio improving to 4.8% in Dec 2017 compared to 6.1% in June For further information, please read the explanatory note giving the definition and interpretation of the ratios and data along with the report. Contact: Saurav Chatterjee saurav.chatterjee@careratingsafrica.com CARE Ratings (Africa) Private Limited Disclaimer This report is prepared by CARE Ratings (Africa) Private Limited (CRAF). CRAF has taken utmost care to ensure accuracy and objectivity while developing this report based on information available in public domain. However, neither the accuracy nor completeness of information contained in this report is guaranteed by CRAF or by the Stock Exchange of Mauritius Ltd (SEM). SEM and CRAF make no representations, give no warranty and disclaim all liability in respect thereof and shall not be held liable for any damage, loss or cost incurred resulting from any error in the information or any use of or reliance on the said information. SEM and CRAF are not responsible for any errors or omissions in analysis/inferences/views or for results obtained from the use of information contained in this report and especially state that SEM and CRAF has no financial liability whatsoever to the user of this report. Appropriate independent advice should be obtained before making any investment or relying on the contents contained in this report. Page 5