FINANCIAL RESULTS FOR THE HALF
YEAR ENDED 30TH SEPTEMBER 2009.
ANALYST PRESENTATION
LOTUS SUITE,
HOTEL TRIDENT.
6TH November 2009
1
Contents
1. Bank an Overview
2. Performance Highlights
3. Key Initiatives
2
BANK WITH A STRONG PRESENCE AND LARGE ASSET BASE
India's third largest
bank based on
number of branches
(3546)
Deposits
Advances
Rs.1,51,506 Crore
Rs.92,212 Crore
Investments
Capital Adequacy
(Basel II)
30th SEPTEMBER 2009
Rs.57,178.11 Crore
12.23 %
Net NPAs
0.69 %
NPA Coverage-cumProvision
74.28%
BANK ESTABLISHED ON 21ST DECEMBER,1911
3
CENTRAL BANK OF INDIA : GEOGRAPHICAL SPREAD
497
(14%)
949
(27%)
749
(21%)
125
(3%)
744
(21%)
482
(14%)
TOTAL NUMBER OF BRANCHES :3546
4
CENTRAL BANK OF INDIA : A PAN INDIA PRESENCE
Total Branches
Rural
3546
1379
Branches Segmentation as of 30.06.09
Semi Urban
889
17%
Urban
39%
680
19%
Metropolitan
598
25%
ATMs
400
Rural Semi Urban Urban Metropolitan
CBS Branches
1211
5
CENTRAL BANK OF INDIA – SHAREHOLDING PATTERN
as on 30th SEPTEMBER ’2009
6.42
Government of
India
FI s
0.80
FII s
0.23
Insurance Cos.
1.32
3.86
Shareholding
80.20
7.17
Other Body Corp.
Public
Others
Government of India
FI s
FII s
Insurance Cos.
Other Body Corp.
Public
Others
80.20
7.17
3.86
0.23
0.80
6.42
1.32
6
INCREASING SHAREHOLDERS’ VALUE
Share Capital
Rs. 1321.14 cr
No. of Shares
40.414 cr
Sept’09
Sept’08
4980.84
4055.15
100.55
80.54
149.91
130.62
Earnings per Share
(Rs.)
13.28
2.83
Return on Equity (%)
14.29
4.76
Return on Assets (%)
0.77
0.25
Net Worth (Rs. cr)
Book Value per Share
(Rs.)*
*Excluding Revaluation Reserves
Book Value per Share
(Rs.)#
#Including Revaluation Reserves
7
Contents
1. Bank an overview
2. Performance Highlights
3. Key Initiatives
8
BUSINESS GROWTH
Deposits
Loans &
Advances
Total
Business
Investments
CD Ratio
30th Sept’09
30th Sept’08
1,51,506
(Rs.Crore)
YoY
Growth
(%)
FY
(2008-09)
1,16,365
30.20
1,31,272
15.41
92,212
80,827
14.09
86,740
6.30
2,43,718
1,97,192
23.59
2,18,012
11.79
64.40
44,445
28.64
---
66.10
---
57,178.11
60.86
34,778.76
69.50
Growth over
Mar’09 (%)
9
DEPOSIT GROWTH - SEGMENT WISE
30th Sept’09 30th Sept’08 Mar’09
(Rs.Crore)
% Growth
over Mar’09
Current Deposits
10,248
(6.76%)
10,601
(9.11%)
10,112
(7.70%)
1.34
Savings Deposits
36,502
(24.09%)
31,695
(27.23%)
33,680
(25.65%)
8.37
Total CASA Deposits
46,750
(30.85%)
42,296
(36.34%)
43,792
(33.35%)
6.75
Term Deposits
1,04,756
(69.15%)
74,069
(63.66%)
87,480
(66.65%)
19.74
Total Deposits
1,51,506
1,16,365
1,31,272
6.52
6.80
6.90
Cost of Deposits (%)
15.41
--10
LOANS & ADVANCES
30th
Sept’09
Total Loans &
Advances
92,212
30th
Sept’08
(Rs.Crore)
YoY Growth FY
Growth over
(%)
(2008-09) Mar’09 (%)
80,827
14.09
86,740
6.30
-Corporates
& Others
57,793
(62.68%)
54,580
(67.53%)
5.886
58,950
(67.96%)
(1.96)
-SME
10,062
(10.91%)
5796
(7.17%)
73.60
6002
(6.92%)
67.64
-Agriculture
14,532
(15.76%)
11,816
(14.62%)
22.98
13,669
(15.75%)
6.31
-Retail
9825
(10.65%)
8635
(10.68%)
13.78
8119
(9.36%)
21.01
4845
4252
13.94
4422
9.56
957
766
24.93
857
11.66
4023
3617
11.22
2840
-Housing
-Education
-Others
41.65 11
INVESTMENTS
30th
Sept’09
Total
Investments
30th
Sept’08
57,178.11 34,778.76
YoY
Growth(%)
(Rs.Crore)
FY
Growth
(2008-09) over
Mar’09 (%)
64.40
44,445
28.64
Trading
Income
430
(44)
1077.27
410
4.87
Yield on
Investments (%)
6.79
7.07
---
6.89
---
92.36
86.07
---
88.73
---
SLR
Portfolio
12
INVESTMENTS : QUALITY
30th
Sept’09
SLR
% of
30th
Total
Sept’08
Portfolio
(Rs.Crore)
% of Total
Portfolio
52,809.17
92.35
29,933.73
86.07
Held For Trading
0
0
0
0
Available For Sale
18795.35
35.60
4713.67
15.74
Held To Maturity
34013.82
64.40
25220.06
84.26
4368.94
7.65
4845.03
13.93
57,178.11
100
34,778.76
100
AFS to HTM
1178
2.03
0
0
HTM to AFS
32.15
0.05
0
0
Non-SLR
Total
Shifting of Securities
13
KEY INDICATORS
Sept’09
(Q2)
Sept’08
(Q2)
30th Sept’09
(H1)
30th Sept’08
(H1)
Return on Avg.
Assets (%)
0.80
0.31
0.77
0.25
Earnings per
Share (Rs.)
7.76
2.37
13.28
2.83
Return on
Equity (%)
7.72
2.95
14.28
4.76
14
PROFITABILITY INDICATORS
(Rs.Crore)
Sept’09
(Q2)
Sept’08
(Q2)
QoQ
Growth
(%)
30th
Sept’09
(H1)
30th
Sept’08
(H1)
YoY
Growth
(%)
Gross Income
3384.12
2768.89
22.22
6580.18
5341.42
23.19
Gross
Expenses
2870.32
2474.73
15.99
5705.45
4825.68
18.23
Operating
Profit
513.81
294.15
74.67
875.00
515.74
69.66
Net Profit
313.93
96.15
226.49
581.00
155.00
274.84
NIM (%)
1.78
2.35
---
1.81
2.05
Net Interest
Income
573.96
646.29
(11.19)
1151.14
1123.10
2.49
Non Interest
Income
408.60
94.49
332.43
802.18
255.73
213.68
Non Interest
Income(adj)
511.23
95.88
433.20
1009.23
276.42
265.10
---
15
PROFITABILITY INDICATORS
% Annualised
Sept’09
(Q2)
Sept’08
(Q2)
30th Sept’09 30th Sept’08 FY
(H1)
(H1)
2008-09
Yield on
Advances
9.92
10.53
9.97
10.15
10.19
Yield on
Investments
6.78
7.25
6.79
7.07
6.89
Cost of Deposits
6.54
6.86
6.52
6.80
6.90
Cost to Income
Ratio
47.71
60.29
55.22
62.60
56.44
Non-Interest
Income/Total
Income
12.19
3.41
12.07
4.78
9.28
Cost of Funds
6.57
6.94
6.55
6.84
6.94
Yield on Funds
8.88
9.74
8.94
9.28
9.24
16
PRODUCTIVITY INDICATORS
Sept’09
(Q2)
Business per Employee
Sept’08
(Q2)
YoY
Growth
(%)
30th
Sept’09
(H1)
30th
Sept’08
(H1)
(Rs.Crore)
YoY
Growth (%)
7.10
5.55
27.92
6.88
5.47
25.77
Business per Branch
64.25
55.56
15.64
62.30
54.75
13.78
Gross Profit per
Employee (in lakhs)
6.40
3.47
84.43
5.45
3.04
79.27
57.96
34.75
66.79
49.34
30.46
61.98
3.91
1.13
246.30
3.62
0.92
293.47
35.41
11.36
211.80
32.75
9.18
256.75
Gross Profit per
Branch (in lakhs)
Net Profit per
Employee (in lakhs)
Net Profit per Branch
(in lakhs)
17
OTHER INCOME
Sept’09
(Q2)
Sept’08
(Q2)
YoY
Growth
(%)
(Rs.Crore)
30th
Sept’09
(H1)
30th
Sept’08
(H1)
FY
2008-09
Commission,
Exchange and
Brokerage
143.19
107.97
32.62
252
207
446
Trading Profit On
Investments
159.16
(54.91)
389.85
430
(44)
410
Recovery In
Written Off
Accounts
49.17
23.17
112.55
83
33
84
Other Income
57.08
18.26
212.60
37
60
130
408.60
94.49
332.10
802
256
1070
Total
18
NPA MOVEMENT
(Rs.Crore)
Sept’09
Sept’08
Gross NPAs:Opening on 1st April
2443
2470
Add:Additions
368
232
2
1
2.Upgradation
111
187
3.Recoveries
144
149
Gross NPAs
2430
2256
Gross Credit
92212
80827
Gross NPA as % of GBC
2.64
2.79
Net NPA
625
926
90407
79496
0.69
1.17
Less:Deductions
1.Write Off
Net Advances
Net NPA as % of Net Advances
19
PROVISIONS
(Rs.Crore)
Sept’09
(Q2)
Sept’08
(Q2)
30th
Sept’09
(H1)
30th
Sept’08
(H1)
135.57
91.46
255.88
98.63
33.75
83.04
98.27
43.60
Standard Assets
0
33.08
0
44.84
Depreciation on
Investments
14.07
(9.09)
(86.43)
172.19
Others (Frauds,
Restructured Adv. etc.)
16.49
(0.48)
26.29
1.01
199.88
198.01
294.01
360.27
Taxation
NPA (excluding adhoc
provision for Standard
Assets)
Total
20
RESTRUCTURED ASSETS
(Rs.Crore)
Sr. No.
Details of Restructured Accounts
Accounts
Amount
Amt of
Provisions
1
March 2008-09
34861
2013.15
46.18
2
April-June 2009
1461
1664.32
5.78
3
July-Sept 2009
1443
351.82
10.40
Total
37765
4029.29
62.36
21
CAPITAL ADEQUACY RATIO (%)
30th Sept’09 30th Sept’08
FY 2008-09
Basel I
CRAR
11.56
9.85
11.75
Tier I
6.40
5.25
6.24
Tier II
5.16
4.60
5.51
CRAR
12.23
N.A.
13.12
Tier I
6.77
N.A.
6.97
Tier II
5.46
N.A.
6.15
Basel II
22
Contents
1. Bank an overview
2. Performance Highlights
3. Key Initiatives
23
KEY INITIATIVES DURING QUARTER
CORPORATE BANKING
 MIBOR based Loans
 Foreign Currency FCNR(B) Loans.
 Line of Credit for Equipment Purchase
 Channel Finance
 Vendor Finance
 CP Linked Short Term Loan
TREASURY AND INVESTMENT
 Operation in Currency Futures & Interest Rate Futures
 IPO/FPO Financing.
 Underwriting of Equity Loans.
 CEFICUS under conversion into Capital Market Advisory Services.
24
KEY INITIATIVES DURING QUARTER
TECHNOLOGY INITIATIVES
 Phase I of CBS completed. 80% of business covered.
 SMS Alerts for all account holders
 Prepaid Gift Card
 Retail Sale of Gold Loans
 Auto Debt Facility introduced for payment of bills.
 Pre-Activated ATM Cards
 3D secure code for online credit transactions.
 Internet Banking
 To install 500 onsite ATMs
25
KEY INITIATIVES DURING QUARTER
PRIORITY SECTOR
 IT based Financial Inclusion.
 Nodal Bank for Patna District.
 Nodal Bank for NREGA in Rajasthan
 MoU with Govt. of Gujarat.
 Tie-up with various Corporate houses for direct financing of farmers
whose produce is purchased by them.
RETAIL
 Launched “Cent Doctor” for financing registered Medical
Practitioners.
 Bank has been enrolled as one of the Point of Presence for New
Pension Scheme by PFRDA.
 Centralised Credit Processing Centre for Retail Loans.
26
THANK YOU
27