Financial Data Report SBM HOLDINGS LIMITED (THE GROUP) for the period ending 31.Mar.2016

Transcription

1 Financial Data Report SBM HOLDINGS LIMITED (THE GROUP) for the period ending 31.Mar.2016

2 Equity Statistics Particulars Units 31-Mar-16 Current Market Price MUR week H/L* MUR 1.00 /.65 Market Capitalisation MUR Mn 20, P/B Times 1.06 P/E Times Dividend Yield % 5.88 *The 52W/H 52W/L prices are 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) Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Period 3 Months 6 Months 1 Year 3 Years Stock Returns (%) Stock Returns Index Returns Relative Return (16.9) (3.1) (13.8) (38.1) (11.9) (26.2) (29.9) (9.0) (20.9) (11.5) (1.9) (9.7) Page 2

3 Shareholding Pattern (%) ( ) 15.3 NATIONAL PENSIONS FUND SBM HOLDINGS LTD - TREASURY SHARES STATE INSURANCE COMPANY OF MAURITIUS LTD (PENSION FUND) 4.9 GOVERNMENT OF MAURITIUS Others Annual Financial Snapshot Income Statement Year Ended 30-Jun Dec Dec Dec-15 Net Interest Income (MUR Mn) 3, , , , Growth in NII (%) Per Share Data (MUR) Year Ended 31-Dec Dec Dec-15 BVPS Diluted EPS Key Financial Ratios Year Ended 31-Dec Dec Dec-15 NIM (%) ROTA (%) CAR (%) GNPA (%) NM/NA Quarterly Financials Mar-16 Mar-15 Dec-15 Growth Growth (MUR Mn) Y-o-Y (%) Q-o-Q (%) Net Interest Income 1, NM/NA NM/NA Non Interest Income NM/NA NM/NA PBT NM/NA NM/NA PAT NM/NA NM/NA Loans & Advances 69, , NM/NA 0.78 NM/NA Total Assets 136, , NM/NA 2.27 NM/NA Per Share Data (MUR) Mar-16 Mar-15 Dec-15 Diluted EPS NM/NA Profitability Ratio (%) Mar-16 Mar-15 Dec-15 NIM (Annualized) NM/NA ROTA (Annualized) NM/NA Page 3

4 Annual Financial Statistics Income Statement (MUR Mn) Year Ended 31-Dec Dec Dec-15 Interest Income 5, , , , Interest Expense 2, , , , Net Interest Income 3, , , , Non Interest Income 1, , , , Total Income (Net Interest Income + Non Interest Income) 5, , , , Operating Expenses (excluding impairments) 1, , , , Credit Impairments , PBT 3, , , , PAT 2, , , , Balance Sheet (MUR Mn) Year Ended 31-Dec Dec Dec-15 No. of Shares (Number) 30,374,022,300 30,374,022, ,374,022, ,374,022, Total Equity 18,345 19, , , Deposits 76,275 83, , , Other Borrowings 2,925 6, , , Other Liabilities 1,585 3, , , DTL Total Equity & Liabilities 99, , , , Cash & Equivalents 11,960 12, , , Loans to and placements with other banks 1, , Loans & Advances 62,825 69, , , Investments 19,700 23, , , Tangible Assets 2,673 2, , , Intangible Assets 87 1, , , DTA Other Assets 536 1, , , Total Assets 99, , , , Tangible Networth 18, , , , Page 4

5 Annual Financial Statistics (cont..) Per Share Data (MUR) Year Ended 31-Dec Dec Dec-15 BVPS Diluted EPS DPS Growth Y-o-Y (%) Year Ended 31-Dec Dec Dec-15 Growth in NII Growth in PAT Growth in EPS Growth in Loans & Advances Growth in Total Assets Key ratios Year Ended 31-Dec Dec Dec-15 NIM (%) Cost to Income (%) ROTA (%) RoE (%) GNPA (%) NM/NA 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 0.31 times for the year ending 31 December Please see explanatory note for details on the methodology. Result Analysis The company changed its financial year from June to December in Hence financials for December 2013 are for a 18-month period and not completely comparable with other periods. For the quarter ending March 31, 2016 SBMH reported a net income of MUR mn. 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 Amit Ramsohoy amit.ramsohoy@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