WELCOME
TO
ANALYST MEET
16th May, 2016
Audited Financial Results For the
Quarter / Full Year ended Mar 31,2016
1
BUSINESS PROFILE
250000
200000
150000
100000
50000
0
Mar-14
Mar-15
Mar-16
Advances Deposit
Business
[` cr]
Parameter
Gross Advances
Mar 14
Mar 15
Mar 16
Y-o-Y %
Growth
78,622
80,629
85,811
6.45
Total Deposits
1,10,028
1,15,936
1,17,431
1.29
Total Business
1,88,650
1,96,565
2,03,242
3.41
2
KEY INDICATORS
[` cr]
Full Year
Particulars
Operating Profit
Mar 15
Mar 16
13,30.28
925.30
265.48
[935.32]
Total Income
11,484.82
11,362.53
Total Expenses
10,154.54
Provision &
Contingencies
1,064.80
Net Profit
Quarter
Increase
[%]
[30.44]
Mar 15
Dec 15
Mar 16
Increase
[%]
Q-o-Q
377.80
182.47
233.70
55.82
[662.85]
[326.39]
[1.06]
2,907.70 2,722.23
2853.35
[1.87]
10,437.23
2.78
2,529.90 2,539.76
2,619.65
3.55
1,860.62
74.74
560.08
73.95
3
321.98
845.32
[38.14]
INCOME
[` cr]
Full Year
Particulars
Total Income
Interest
Income
Mar 15
Quarter
Increase
Mar 16
[%]
Mar 15
Dec 15
Mar 16
Increase
[%]
Q-o-Q
11,484.82 11,362.53
[1.06]
2,907.70
2722.23 2,853.35
[1.87]
10,763.49 10,645.73
[1.09]
2,706.35
2559.17 2,637.48
[2.54]
1844.59 1,909.58
[4.36]
7,970.30
7,755.06
[2.70]
1,996.55
2,541.92
2,608.11
2.60
695.67
652.51
662.02
[4.84]
Other
251.27
282.56
12.45
14.13
62.07
65.88
366.24
Non Interest
Income
721.33
716.80
[0.63]
201.35
163.06
215.87
7.21
Advances
Investments
4
NON INTEREST INCOME
[` cr]
Full Year
Particulars
Comm. Exchange,
Brokerage
Mar 15
Quarter
Mar 16
Increase
[%]
Mar 15
Dec 15
Mar 16
Increase
[%]
Q-o-Q
211.55
214.06
1.19
59.45
51.51
58.15
[2.18]
76.29
73.81
[3.25]
14.75
8.45
5.17
[64.94]
130.01
106.60
[18.01]
30.20
21.51
61.13
102.43
33.99
65.62
93.06
13.15
18.25
16.10
22.45
Process Fee
102.84
103.29
0.44
43.55
26.22
34.12
[21.66]
Other Income
166.65
153.41
[7.94]
40.25
37.12
41.19
2.34
721.33
716.80
[0.63]
201.35
163.06
215.86
7.21
Exchange Earned on
Forex
Profit on Sale of
Investment
Recovery in written
off a/cs
Total
5
NET INTEREST INCOME
[` cr]
Full Year
Particulars
Net Interest Income
Net Interest Margin [%]
Mar 15
Quarter
Mar 16
Mar 15
Dec 15
Mar 16
2,447.87
2,476.75
608.72
566.49
625.17
2.25
2.16
2.22
2.02
2.12
6
EXPENSES
[` cr]
Full Year
Particulars
Total Expenses
Interest Expenses
Deposits
Others
Operating Expenses
a. Salaries
b. Other Operating
Expenses
Mar 15
Mar 16
10,154.54
10,437.23
8,315.62
Increase
[%]
Quarter
Dec 15
Mar 16
2.78 2,529.90
2,539.76
2,619.65
3.55
8,168.99
[1.76] 2,097.63
1,992.68
2,012.31
[4.07]
7,989.13
7,716.71
[3.41] 2,011.03
1,870.16
1,878.04
[6.61]
326.49
452.28
38.53
86.60
122.52
134.27
55.05
1,838.92
2,268.25
23.35
432.27
547.08
607.34
40.50
1,116.68
1,448.13
29.68
227.65
360.12
363.27
59.57
722.24
820.12
13.55
204.62
186.96
244.07
19.28
7
Mar 15
Increase
[%]
Q-o-Q
PROVISIONS & CONTINGENCIES
[` cr]
Full Year
Particulars
Increase
[%]
Quarter
Mar 15
Mar 16
NPA
1,114.74
2,724.07
Tax Expense
[198.08]
[615.57]
[156.28]
[121.65]
[340.86]
Investment
Depreciation
[70.01]
2.63
1.48
16.29
[20.52]
Standard Assets
88.31
[15.02]
69.89
[12.79]
[21.19]
FITL
96.53
[74.11]
37.71
[28.35]
[36.39]
NPV of
Restructured A/cs
27.12
[162.64]
3.86
6.18
1.26
[79.61]
[0.60]
[11.05]
6.31
1,064.79
1,860.62
74.74
321.98
845.32
560.08
Others
Total Provisions
144.37
8
Mar 15
Dec 15
365.93 1,002.24
Mar 16
1,094.24
Increase
[%]
Q-o-Q
199.03
0.63 [121.51]
73.95
RESOURCES / DEPLOYMENT
[` cr]
Particulars
Mar 14
Mar 15
Mar 16
Increase
[%]
Current Deposits
6,673.45
6,414.50
6,302.43
[1.75]
Savings Deposits
24,142.42
25,706.03
28,066.75
9.18
CASA Deposits
30,815.87
32,120.53
34,369.18
7.00
Term Deposits
66,587.20
72,927.67
73,491.66
0.77
Aggregate Deposits
97,403.07
1,05,048.20
1,07,860.84
2.68
CASA [%] to Total
Deposits
28.01
27.71
29.27
5.63
Inter Bank Deposits
12,624.62
10,887.88
9,570.13
TOTAL DEPOSITS
1,10,027.69
1,15,936.08
1,17,430.97
1.29
78,621.86
80,629.24
85,810.67
6.43
1,88,649.55
1,96,565.32
2,03,241.64
3.40
GROSS ADVANCES
BUSINESS MIX
9
[12.10]
ADVANCES
[` cr]
Particulars
Gross Advances
[Growth %]
Mar 14
Mar 15
Mar 16
78,622
[18.31]
80,629
[2.55]
85,811
[6.43]
Priority Sector
[Growth %]
23,289
[23.43]
25,245
[8.40]
29,884
[18.38]
Agriculture
[Growth %]
7,945
[18.25]
9,177
[15.51]
12,618
[37.50]
MSME
[Growth %]
13,217
[23.84]
15,256
[15.42]
13,983
[-8.34]
Retail
[Growth %]
9,706
[25.67]
10,910
[12.41]
12,053
[10.48]
71.46
69.55
73.07
CD Ratio
10
COMPOSITION OF ADVANCES
[` cr]
Parameter
Mar 15
Agriculture
Growth over
Mar 15
Amt
%
Outstanding as of
Mar 16
% to Total
Advances
9,177
12,618
3,441
37.50
14.70
MSME
15,256
13,983
[1,273]
[8.34]
16.30
Large
Industries
29,645
30,548
903
3.05
35.60
Retail
10,910
12,053
1,143
10.48
14.05
1,524
1,347
[177] [11.61]
1.57
Others
14,117
15,262
1145
8.11
17.78
Total
80,629
85,811
5,182
6.43
100
Food Credit
11
RETAIL PORTFOLIO
[` cr]
Particulars
Direct
Retail
Total Retail
% of Gross
Advances
March 15
March 16
Y-o-Y Growth %
8,969.08
10,290.82
14.74
10,910.26
12,052.90
10.47
13.53
14.04
RetailAdvances
Housing
Vehicle
Education
Mortgage
Personal
DenaTrade
Doctor+
Gold Loan
Others
12
Segment
Housing
Amount
% To
Direct
Retail
5,781.17
56.18
Vehicle
607.66
5.90
Education
476.38
4.63
Mortgage
1,520.70
14.77
38.78
0.38
1,468.08
14.27
Doctor +
22.02
0.21
Gold Loan
61.61
0.60
314.42
3.06
Personal
Dena Trade
Others
Total
10,290.82
100
PRIORITY SECTOR LENDING
(Including RIDF & IBPC)
[` cr]
Targets
FY 15-16
Sr No
Parameters
March 15
March 16
Y-o-Y
1
Agriculture
(Including RIDF &
IBPC)
11,865.89
15,912.42
34.10
15,300
2
MSME
13,003.45
13,957.00
7.33
15,200
3
Others
3,584.19
4,247.68
18.51
3,500
4
Total PSL
(Including RIDF &
IBPC)
28,453.53
34,117.10
19.90
34,000
5
PSL % to ANBC
35.03
40.23
13
TREASURY MANAGEMENT
Particulars
Gross Investment
Of which
(i) HFT
(ii) AFS
(iii) HTM
SLR Investment
Non-SLR Investment
of which – Rated
– Unrated
Average Yield on all Investments [FY]
Trading Profits [FY]
VAR
M. Duration (Yrs)
HFT
AFS
HTM
Total
AFS + HFT
HTM
March 15
March 16
[` cr]
% Growth
% to Total
Investment
32,886.38
35,344.54
7.47
100.00
718.56
7,083.50
25,084.32
28,531.94
0.00
7,879.61
27,464.94
30,095.22
[100]
11.24
10.77
5.48
0.00
22.29
77.71
85.15
4,354.44
5,249.32
20.55
14.85
4,300.86
53.58
7.80
21.77
90.28
17.95
130.00
87.79
4.73
5,229.61
19.71
7.75
-9.52
70.15
45.97
106.60
34.79
5.68
14
4.34
4.19
4.41
4.50
ADVANCES - CLASSIFICATION
[` cr]
March 15
Asset Category
Standard
Amount
March 16
% age
Amount
% age
76,236.21
94.55
77,250.18
90.02
Sub Standard
1,568.49
1.95
2,104.81
2.45
Doubtful
2,571.96
3.19
6,076.71
7.28
252.59
0.31
378.97
0.44
4,393.04
5.45
8,560.49
9.98
80,629.25
100
85,810.67
100
Loss
Total NPAs
Total
15
MOVEMENT OF NPA
[` cr]
Particulars
Gross NPA Opening Balance
Full Year
March 15
Quarter
March 16
March 15
March 16
2,616.03
4,393.04
4,229.92
7,916.47
Less: Cash recoveries
594.70
728.00
324.80
360.11
Less: Up gradations
786.98
443.34
247.12
179.06
Less: Write off
515.30
759.66
292.57
452.70
Total Reductions
1,896.98
1,931.00
864.49
991.87
Add: Slippage & Debit
Operations
3,673.99
6098.45
1,027.61
1,635.89
GROSS NPA
4,393.04
8560.49
4,393.04
8560.49
5.45
9.98
5.45
9.98
3,014.30
5230.47
3,014.30
5230.47
3.82
6.35
3.82
6.35
33.99
73.21
13.15
19.33
GROSS NPA [%]
NET NPA
NET NPA [%}
Recovery in w/o A/cs
16
EXPOSURE TO MAJOR INDUSTRIES
[` cr]
Particulars
Sector
March 15
March 16
Amount
% age
15,335.71
19.02
13,098.20
15.26
Telecom
9,945.68
1,204.06
12.34
1.49
7,420.44
1,431.10
8.65
1.67
Roads & Ports
2,650.51
3.29
2,734.36
3.19
Other Infra
Chemical & Chemical Products
1,535.46
4,333.69
4,308.49
1,237.81
1.90
5.37
5.34
1.54
1,512.27
4,754.02
4,296.40
1,148.78
1.76
5.54
5.01
1.34
All Engineering
2,783.96
3.45
3,025.16
3.53
769.51
0.95
745.89
0.87
Food Processing
1,471.22
1.82
1,792.39
2.09
Construction
1,593.78
1.98
3,064.60
3.57
Infrastructure
Power
Metal incl Iron & Steel
Textiles
Gems & Jewellery
17
Amount
% age
RESTRUCTURED ADVANCES
[ ` cr]
Particular
Sector
March 15
March 16
Amount
% age
Amount
108.97
1.11
287.00
3.60
3,735.98
38.01
1,983.92
24.86
Textiles
754.89
7.68
386.48
4.84
Cement & Products
298.44
3.04
216.78
2.72
1,201.00
12.22
1,449.13
18.16
413.11
4.20
218.85
2.74
160
1.63
157.49
1.97
108.51
1.10
64.32
0.81
72.14
0.73
0.00
0.00
711.23
7.24
697.49
8.74
Others
2,264.51
23.04
2,519.44
31.57
Total
9,828.78
100.00
7,980.90
100.00
Agriculture
Power
Iron & Steel
Telecom
Civil Aviation
Hotel
Petro Chemical
Other Infrastructure
18
% age
CAPITAL ADEQUACY
[` cr]
31.03.2015
[` cr]
12
Net Worth
5,959.69
4,937.70
84,728.95
87,616.35
Total Capital Funds
9,256.76
9,635.31
Tier I Capital
6,495.63
7,527.98
Tier II Capital
2,761.13
2,107.33
Risk Weighted Assets
10
8
6
Tier II
4
Tier I
* As per Basel III
Capital Adequacy Ratio
31.03.2015
31.03.2016
11.21
11.27
Tier I
7.32
7.56
Tier II
3.89
3.71
10.93
11.00
Tier I
7.67
8.59
Tier II
3.26
2.41
[` cr]
Under Basel II
2
0
Under Basel III
Mar 15 Mar 16
31.03.2016
19
KEY RATIOS
Full Year
Particulars
Quarter
Mar 15
Mar 16
Mar 15
Dec 15
Mar 16
A
Cost of Deposits [%]
7.66
7.20
7.60
7.13
6.90
B
Cost of Funds [%]
7.71
7.25
7.70
7.17
6.96
C
Yield on Advances [%]
10.89
10.05
10.86
9.63
9.57
D
Yield on Investments
[%]
7.80
7.59
7.90
7.78
7.51
E
Yield on Funds [%]
9.42
8.84
9.47
8.52
8.51
F
Net Interest Margin [%]
2.25
2.16
2.22
2.02
2.12
G
Provision Coverage
Ratio [Incl Tech W/O]
52.97
52.79
52.97
49.00
52.79
20
KEY RATIOS
Particulars
Full Year
Mar 15
Quarter
Mar 16
Mar 15
Dec 15
Mar 16
58.02
71.03
53.36
74.99
72.21
i) Staff Cost to Income Ratio
35.24
45.35
28.10
49.36
43.19
Other Overhead to Income
ii) Ratio
22.79
25.68
25.26
25.63
29.02
A.
Cost to Income Ratio
B
Net Profit to Total Income
2.31
[8.23]
1.92
[24.35]
[11.44]
C
Return on Assets
[Annualised]
0.22
[0.75]
0.18
[2.18]
[1.02]
D
Return on Equity
[Annualised]
4.08
[13.54]
3.38
[39.12]
[18.43]
E
Earning Per Share
4.94
[15.50]
1.04
[10.27]
[5.05]
F
Book Value
125.01
87.98
125.01
97.49
87.98
21
PRODUCTIVITY RATIOS
March 15
March 16
Business per Branch [ ` cr]
118.13
116.39
Business per Employee [` cr]
14.42
13.93
Profit Per Branch [` lacs]
15.95
[52.77]
Profit Per Employee [` lacs]
1.95
[6.73]
• Staff strength has increased by 1302 during the period to cater the requirement of new branches.
130.00
121.40
118.13
16
116.39
115.00
14
100.00
12
85.00
10
70.00
14.53
14.42
13.93
8
Mar 14
Mar 15
Mar 16
Mar 14
Mar 15
Business per Employee
Business per Branch
22
Mar 16
SHARE HOLDING PATTERN
FIIs
5.05%
Indian Corp. NRIs &
Public Bodies OCBs
13.06% 1.42% 0.54%
666.93 cr
•No. of Shares
66.69 cr
•Net worth `
•B. V. per share `
Ins Cos
16.56%
FI &
Banks
0.06%
• Share Capital `
Mutual
Funds
0.00%
Govt. of
India
62.89%
4,937.70 cr
87.98
•Return on Equity [13.54] %
(annualised)
Govt. of India
FII
Insurance Companies
5.05
16.98
FIs/Banks
0.06
Mutual Funds
0.00
Bodies Corporate
1.42
NRIs & OCBs
0.54
Public
23
62.89
13.06
BRANCH NETWORK
Branches
Ext. Counters
ATMs
E- smart
Lobbies
March 15
March 16
1,739
1,846
5
5
1,482
1,471
17
74
Category
Bank has opened 107
branches during the FY
2015-16.
March 16
% share
Rural
706
38.24
Semi Urban
403
21.83
Urban
356
19.28
Metro
381
20.64
Total
1,84
100
Category
20.64%
38.24%
19.28 %
21.83%
24
Rural
Semi Urban
Urban
Metro
FINANCIAL INCLUSION
 Bank has opened 35.67 lacs accounts under Pradhan Mantri Jan Dhan Yojana
[PMJDY] against the target of 18.50 lacs and also issue 27.98 lacs RuPay Cards.
 Bank has covered all the allotted 6439 villages under FI. Out of above 5758
villages through BC model and 681villages through Brick & Mortar Branches.
 Bank has enrolled 8.51 crores residents for Aadhar Number as of March 2016 and
having top position amount Non State Registrars (NSR) to UIDAI. Bank has
earned net non interest commission income of ` 32.26 cr. during FY 2015- 16.
 Bank has also successfully launched and implementing Direct Benefit Transfer
Scheme as per GOI Guidelines through Aadhar Payment Bridge System (ABPS)
and Adadhar Enabled Payment System (AEPS).
25
GOING FORWARD
 Bank is targeting credit growth of 13% - 15% and deposit growth of 10%.
 CD Ratio 74% - 75%
 Bank expects to maintain NIM in the range of 2.25% - 2.50%.
 Continue to focus on Retail & MSME advances.
 Strengthening of Loan Processing Centres.
 IT Initiatives
Bank is targeting to establish 100 E Smart Centers. Of which 74 are already
established.
Installation of Point of Sale Terminals – 5,000 by March, 2017
 Wallet Banking
TAB Banking
Loyalty Programme for Users of Debit Cards
Establishment of Next Generation Digital Branch
26