The Bank that begins with Financial Results Q1, F.Y. 2012-13 Analyst Meet August 8 th, 2012
Performance Highlights Jun - 2011 Jun - 2012 Percent 153264 Total Business 130201 17.7 Deposit 77104 89639 16.3 CASA 31034 36277 16.9 Advance 53097 63625 19.8
Total Business Progress 155000 152989 153264 145000 141915 135000 133086 130201 125000 June'11 Sept'11 Dec'11 Mar'12 June'12
Pan-India Presence Presence in 28 States & 4 UTs 33 Regional Offices 100% CBS Network of 1683Branches As on 30.06.2012 Metropolitan, 322, 19% Urban, 385, 23% Semi Urban, 310, 18% Rural, 666, 40% West, 68, 4% South, 70, 4% North, 87, 5% Central, 110, 7% N-East, 285, 17% East, 1063, 63%
Operating Overview
Total Deposits 95000 90000 89639 90000 89116 89639 85000 85000 82815 80000 77104 80000 75000 70000 Jun 12 Jun 11 77104 Total Deposits increased by 16.3% 75000 78244 June'11 Sept'11 Dec'11 Mar'12 June'12 Core Deposits increased by 24.0%
CASA 40000 30000 31034 6914 36277 8447 30000 25000 20000 24120 24693 25646 26589 27830 20000 15000 10000 24120 27830 10000 5000 6914 6513 7293 9741 8447 0 June'11 June'12 0 June'11 Sept'11 Dec'11 Mar'12 June'12 SB deposits grew by 15.4% Current Deposits Increased by 22.2% on YoY basis
Deposit Mix June 11 June 12 CD, 5605, 7% Bulk, 10941, 14% CA, 6914, 9% Bulk, 9148, 10% CD, 5415, 6% CA, 8447, 10% TD, 29524, 39% SA, 24120, 31% TD, 38799, 43% SA, 27830, 31% CASA : 40.3% CASA : 40.5% Core Deposit: 78.5% Core Deposit : 83.8%
Cost of Deposits 7.00% 7 6.9 6.92 6.98 6.50% 6.8 6.00% 5.50% 6.38% 6.98% 6.7 6.6 6.5 6.4 6.3 6.38 6.63 6.69 5.00% June'11 June'12 6.2 June'11 Sept'11 Dec'11 Mar'12 June'12 Quarterly Quarterly Sequential
Advances
Total Advances 65000 70000 60000 65000 63873 63625 55000 63625 60000 59100 50000 53097 55000 54842 45000 June'11 June'12 50000 53097 June'11 Sept'11 Dec'11 Mar'12 June'12 Total Advances increased by 19.8% Quarterly Sequential
Total Advances - Breakup Category June 11 June 12 Growth(%) Total Advances : 53097 63625 19.8% Retail Advances 8135 8127-0.09% MSME Advances 7784 9973 28.1% Agriculture 5635 8178 45.1% Large & Mid-Corp. 31543 37347 18.4% June 11 June 12 Growth (%) Priority Sector Advances 17264 22506 30.4% Food Credit 1340 1722 28.5%
Advances Mix June 11 Mar 12 Agri, 5635, 10.6% Agri, 8178, 12.8% MSME, 7784, 14.7% MSME, 9973, 15.7% Retail, 8135, 15.3% Large/Mid Corp, 31543, 59.4% Retail, 8127, 12.8% Large/Mid Corp, 37347, 58.7%
Top 10 Sectoral Exposures Food Credit, 1738.84 Telecom, 1442.98 Wholesale Trade, 1507.09 Power, 8564.78 Agri, 8178.08 Metal, 5378.23 Transport, 1930.73 NBFC, 6921.86 Road, 2122.78 Retail Trade, 2386.48
Retail Advances 8140 8200 8163 8175 8130 8100 8135 8127 8120 8110 8135 8127 8000 7900 7800 7801 8100 June'11 June'12 7700 June'11 Sept'11 Dec'11 Mar'12 June'12
Retail Advances Breakup Retail Scheme June 11 June 12 Growth (%) Housing Loan 2548 2873 12.76% Auto Loan 433 471 8.78% Education Loan 452 518 14.60% Mortgage Loan 938 1081 15.25% Personal & other loans 3764 3184-15.41% Total : 8135 8127-0.9%
Priority Sector Advances 25000 34.3% 23000 22258 22506 45.1% 21000 19912 6.8% 19000 17000 17264 18458 15000 June'11 Sept'11 Dec'11 Mar'12 June'12 PRISEC Advances up by 30.4% Quarterly Sequential
MSME Advances 12000 10000 11000 8000 28.12% 10000 9727 9973 6000 9973 9000 8882 4000 2000 7784 8000 7784 8292 0 June'11 June'12 7000 June'11 Sept'11 Dec'11 Mar'12 June'12
Restructured Accounts FY ended Quarters ended Mar 12 Jun'11 Sept'11 Dec'11 Mar 12 Jun'12 Total Advance 63873 53097 54842 59100 63873 63625 Out of which NPA 2176 1535 1908 1939 2176 2210 Restructured Advance 3106 2076 1995 2255 3106 4093 Fresh Restructured 1350 91 8 279 972 1120 Closed / Recovery 411 182 89 19 121 133 NPA in Restructured Advance 778 311 497 474 778 921 Slippage 549 20 194 8 327 121 Upgradation/Recovery/Closed 77 15 8 31 23 39 No. of Restructured Accounts 21073 out of which 12714 accounts identified as NPA
Yield on Advances Percentage ( % ) 11.00% 11.16% 11.67% 9.00% 7.00% 5.00% 3.00% Q3 10-11 1.00% June'11 June'12 Quarterly
INVESTMENTS
Total Investments June'11 June'12 HTM, 20967, 78% AFS, 5872, 22% HFT, 0, 0% HTM, 23125, 75% AFS, 7497, 24% HFT, 168, 1% Total Investment - 26839 Total Investment - 30790 Net Investments increased by 14.7%, whereas HTM grew by 10.3% Yield on Investment increased from 7.76% to 7.89% Modified duration (in years) of: 30.06.2011 30.06.2012 Portfolio 5.00 4.84 AFS/HFT 2.50 3.00 HTM 5.78 5.50
Operating Snapshot
Income & Profitability Q4FY12 2132.32 Parameters Q1FY12 Q1FY13 Growth % 2283.81 Interest Earned 1838.32 24.2 237.83 Non-Interest Income 169.86 215.29 26.8 1513.18 Interest Expenses 1269.36 1600.24 26.1 379.14 Operating Expenses 321.50 352.76 9.7
Non Interest Income Quarterly Quarterly - Sequential 250 200 250 230 237.83 150 26.75% 210 215.29 100 169.86 215.29 190 50 170 169.86 162.01 163.21 0 June'11 June'12 150 June'11 Sep'11 Dec'11 Mar'12 Jun'12
Non Interest Income Break up Q4FY12 Particulars Q1FY12 Q1FY12 % growth 48.16 Comm., Exchange & Brokerage 45.16 54.60 20.9% 102.69 Miscellaneous other Income 50.48 46.19-8.5% 28.76 Income on Exchange Transactions 7.59 33.66 343.5% 179.61 Total of Core Non Interest Income 103.24 134.45 30.2% 58.22 Income from Treasury Operation 66.63 80.84 21.3% 237.83 Total Non Interest Income 169.86 215.29 26.7% 32.92 Recovery from Written-off A/cs 19.89 9.8-50.7%
Net Interest Income Quarterly Quarterly - Sequential 800 700 600 670 667.61 683.57 20.14% 640 400 568.96 683.57 610 623.53 619.14 200 580 568.96 0 June'11 June'12 550 June'11 Sep'11 Dec'11 Mar'12 Jun'12
Operating Profit Quarterly Quarterly - Sequential 600 600 400 30.86% 550 546.1 200 417.32 546.10 500 450 450.42 483.27 477.83 0 June'11 June'12 400 417.32 June'11 Sep'11 Dec'11 Mar'12 Jun'12
Provisions & Contingencies Q4FY11-12 Q1FY12 Q1FY13 Growth% 328.54 Total Prov. & Conting. 284.87 372.21 30.66 341.60 NPA Provision 137.22 125.47-8.56 74.00 Pension/Gratuity 0.00 36.00 24.00 Provision for Income Tax 67.00 82.00 22.39-111.06 Provision for others 80.65 128.47 59.29
Net Profit Quarterly Quarterly - Sequential 180 250 150 226.02 120 200 90 60 30 0 173.89 132.45 June'11 June'12 Q1 Net Profit increased by 31.29% 150 100 173.89 132.45 149.29 124.77 Jun'11 Sep'11 Dec'11 Mar'12 Jun'12
Asset Quality
NPA Movement Q4FY12 Particulars Q1FY12 Q1FY13 1939.07 Opening NPA 1355.78 2176.42 352.80 Reduction 212.20 264.29 120.39 Cash Recovery 58.32 94.02 185.60 Up-gradation 75.55 40.39 46.81 Write-off 78.33 129.88 590.15 Slippages 391.70 298.06 2176.42 Closing NPA 1535.28 2210.19
Non Performing Assets (Percent) Net NPA: 1106 Crore as on 30.06.2012 3.5 3 3.47 2.5 2.89 2 1.5 1 1.67 1.77 0.5 0 June'11 June'12 Provision Coverage Ratio as on 30/06/2012 69.32%
Key Ratio
Key Ratios Jun 11 Mar 12 Jun 12 Basel-II (CRAR) 13.23% 12.69% 12.50% Tier-I 9.11% 8.79% 8.70% Tier-II 4.12% 3.90% 3.80% % of GOI shareholding 85.48% 81.56% 81.56%
Profitability Ratios (%) Q4FY12 Parameters Q1FY12 Q1FY13 11.69 Yield on Advance 11.16 11.67 7.82 Yield on Investment 7.76 7.89 6.92 Cost of Deposit 6.38 6.98 3.00 NIM 3.02 3.05 0.63 ROA 0.61 0.70 44.24 Cost to Income Ratio 43.52 39.25 71.67 CD Ratio 68.86 70.98
Market Information Parameters Jun 11 Mar 12 Jun 12 Book Value per Share (`) 107.13 114.39 119.15 Earning per Share (`) 3.27 15.79 4.24 Price / Book Value 0.90 0.63 0.50 Price Earning Ratio 7.34x 4.59x 3.54x Return on Equity 12.22% 13.18% 14.23%
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