Transcript PowerPoint Template

DENA BANK
WELCOMES YOU
AT
ANALYST MEET
31ST OCTOBER 2011
Un - Audited [Reviewed] Quarterly/ Half Yearly
Financial Results For September 30, 2011
KEY INDICATORS
Quarter
[` cr]
Sept 10
Sept 11
Growth
(%)
Half Year
Sept 10
Sept 11
Growth
(%)
Net Profit
160.63
193.58
20.51
299.42
361.67
20.79
Operating Profit
325.64
352.01
8.10
564.23
659.75
16.93
Total Income
1340.38
1747.19
30.35
2562.15
3399.72
32.69
Total Expenses
1014.74
1395.18
37.49
1997.92
2739.97
37.14
Provision &
Contingencies
165.01
158.43
-3.99
264.81
298.08
12.56
NET INTEREST INCOME
Full Year
Quarter
Half Year
March 11
Sept 10
Sept 11
Growth
(%)
5033.53
1221.47
1633.82
33.76
2336.14
3162.00
35.35
Advances
3820.43
913.21
1225.87
34.24
1748.97
2403.01
37.40
Investment
1192.73
303.43
396.60
30.71
579.15
742.78
28.25
16.27
4.82
11.34
135.27
8.01
16.20
102.25
4.10
0.01
0.01
0.00
0.01
0.01
0.00
3270.16
756.20
1118.93
47.97
1510.39
2200.56
45.69
3117.37
719.89
1082.76
50.41
1438.19
2128.32
47.99
152.79
36.31
36.17
-0.38
72.20
72.24
0.05
1763.37
465.27
514.89
10.66
825.75
961.44
16.43
[` cr]
Interest
Income
Inter Bank
Others
Interest
Expense
Deposits
Others
Net Interest
income [NII]
Sept 10
Sept 11
Growth
(%)
NET INTEREST INCOME
[` cr]
Net Interest
Income
Full Year
Quarter
Half Year
March 11
Sept 10
Sept 11
Sept 10
Sept 11
1763.37
465.27
514.89
825.75
961.44
NET INTEREST MARGIN
Full Year
[%]
Net
Interest
Margin
Quarter
Half Year
March 11
Sept 10
Sept 11
Sept 10
Sept 11
3.17%
3.52%
3.22%
3.17%
3.06%
4.0
3.52
3.6
3.22
3.2
2.90
2.82
2.8
2.4
June 10 [Q]
Sep 10 [Q]
Jun 11 [Q]
Sep 11 [Q]
NON INTERST INCOME
[` cr]
Full
Year
March
11
Quarter
Sept 10
Sept 11
375.25
91.86
96.57
24.02
(0.10)
3.98
Recovery in
Written off
Advances
134.57
27.15
12.82
Total Non
Interest Income
533.84
118.91
113.37
Fee Based
Income Core
Profit from Sale
of Securities
Growth
(%)
Half Year
Growth
(%)
Sept 10
Sept 11
171.20
209.32
22.27
9.74
5.36
-44.97
-52.78
45.07
23.04
-48.98
-4.66
226.01
237.72
5.18
5.13
PROVISIONS & CONTINGENCIES
[` cr]
Full Year
March 11
Quarter
Sept 10
Half Year
Sept 11
Sept 10
Sept 11
Provisions for NPA
281.25
65.09
65.02
110.03
87.25
Tax Expense
286.96
92.16
77.10
149.14
151.26
Investment
Depreciation
47.61
12.55
11.11
8.65
47.92
Standard Assets
11.07
(4.80)
3.09
1.38
(1.03)
FITL
(4.78)
(0.30)
1.97
(0.54)
2.24
NPV of
Restructured
Accounts
(8.82)
0.00
0.00
0.00
0.00
ADWDRS 2008
(4.07)
0.24
0.00
(4.07)
0.00
Other Provisions
2.93
0.07
0.14
0.22
10.43
Total Provisions
612.16
165.01
158.43
264.81
298.07
RESOURCES/ DEPLOYMENT
[` cr]
31.03.2011
30.09.2010
30.09.2011
Growth %
CASA Deposits
22743.31
20926.76
22879.03
9.33
Term Deposits
39261.60
31017.89
39602.11
27.68
Aggregate Deposits
62004.91
51944.65
62481.14
20.28
35.42
39.12
35.62
Inter Bank Deposits
2204.71
1553.33
1754.53
12.95
TOTAL DEPOSITS
64209.62
53497.98
64235.67
20.07
45,163
36,541
43,100
17.95
CASA [%]
Gross Advances
RESOURCES
22,879
Bank
has
witnessed
CAGR of 19.16% in
CASA Deposits over last
two years.
23,000
20,927
21,000
19,000
17,000
16,113
15,000
13,000
Sep 09
Sep 10
Sep 11
70,000
64,236
Bank
has
witnessed
CAGR of 19.14% in Total
Deposits over last two
years.
65,000
60,000
53,498
55,000
50,000
45,251
45,000
40,000
Sep 09
Sep 10
Sep 11
ADVANCES
[` cr]
Gross Advances
[Growth %]
MSME
[Growth %]
Retail
[Growth %]
CD Ratio [%]
2010-11
Sept 10
Sept 11
45163
36541
43,100
[26.43]
[21.07]
[17.95]
6784
5447
6,365
[20.13]
[5.71]
[16.85]
6136
5,546
6,571
[14.05]
[17.95]
[18.48]
70.34
68.30
67.10
TREASURY
March 11
SLR Investments
15304.91
14796.26
16770.16
13.34
3555.31
2382.21
4936.64
107.23
18860.22
17178.47
21706.80
26.36
Of which HFT
562.51
(2.98%)
360.23
[2.10%]
490.35
[2.26%]
36.12
AFS
2598.96
(13.78%)
1918.47
[11.17%]
4389.77
[20.22%]
128.82
HTM
15698.75
(83.24%)
14899.37
[86.73%]
16826.68
[77.52%]
12.94
AFS / HFT Duration
[Modified]
2.42
3.86
3.20
-17.10
Portfolio Duration
[Modified]
4.45
5.08
4.41
-13.19
Non-SLR Investments
Total Investments
Sept 10
Sept 11
Growth over
Sept 10 (%)
[` cr]
BUSINESS MIX
Sept 09
Sept 10
Sept 11
Business Mix per
Employee
7.14
8.74
10.89
Business Mix per
Branch
68.76
77.62
89.37
[` cr]
89.37
90
12
10.89
77. 62
80
10
8.74
68.76
70
8
60
6
Sep'09
Sep'10
Sep'11
Bus ines s Mix / Branch
7.14
Sep'09
Sep'10
Sep'11
Bus ines s Mix / Em ployee
ASSET QUALITY
[` cr]
31.03.2011
30.09.2010 30.09.2011
Gross NPA
842.24
825.65
830.49
Net NPA
548.95
537.79
491.01
Gross NPA Ratio [%]
1.86
2.26
1.93
Net NPA Ratio [%]
1.22
1.49
1.15
290.16
281.85
337.63
74.62
75.36
77.14
NPA Provision
Provision Coverage Ratio [PCR]
[Incl Technical Write Off]
ASSET QUALITY
[` cr]
Full Year
March 11
Quarter
Sept 10
Half Year
Sept 11
Sept 10
Sept 11
Gross NPA
641.99
801.05
797.24
641.99
842.24
Cash recoveries
191.05
52.80
42.66
89.69
124.42
Up gradations
171.12
49.42
16.61
75.86
127.80
Write off
196.27
15.79
63.57
33.35
63.89
Total Reductions
558.44
118.01
122.84
198.90
316.11
Slippage & Debit
Operations
758.69
142.61
156.09
382.56
304.36
Closing Balance
842.24
825.65
830.49
825.65
830.49
Recovery in w/o A/c
134.57
27.15
12.82
45.07
23.04
Opening Balance
Less:
Add:
ASSETS QUALITY
Full Year
[` cr]
Gross NPA
Half Year
March 11
Sept 10
Sept 11
842.24
825.65
830.49
842.24
845
840
835
830
830.49
825.65
825
820
Sep 10 [Q]
March 11 [Q]
Sep 11 [Q]
CAPITAL ADEQUACY
[` cr]
31.03.2011
30.06.2011
30.09.2010
30.09.2011
Tier I capital
3605.57
3,602.85
2484.54
3614.82
Tier II capital
1343.84
1,266.36
1311.28
1268.10
Total capital funds
4949.41
4,869.21
3795.82
4882.92
36908.43
37,051.65
30876.03
38894.03
13.41
13.14
12.29
12.55
9.77
9.72
8.04
9.29
11.04
11.38
10.31
10.62
Total RWAs
CRAR – Basel II
CRAR Core – Basel II
CRAR – Basel I
FINANCIAL RATIOS
Full Year
Quarter
Half Year
[` cr]
March 11
Sept 10
Sept 11
Sept 10
Sept 11
5.76
5.54
6.97
5.61
6.84
Yield on Advances [%]
10.24
10.32
11.96
10.00
11.64
Cost to Income [%]
46.73
44.26
43.97
46.35
44.98
Return on Assets [%]
[annualised]
1.00
1.09
1.11
1.03
1.04
Return on Equity [%]
Annualised]
22.98
24.59
21.30
23.55
21.56
Earning Per Share `
[non – annualised]*
21.26
5.60
5.81
10.44
10.85
123.85
95.76
117.82
95.76
117.82
Cost of Deposits [%]
Book Value `
[Incl Revaluation Reserve]
SHARE HOLDING PATTERN
NRIs &
Corp. OCBs
Indian Bodies 0.43%
Public 4.60%
15.93%
Govt. of
India
58.01%
FIIs
13.06%
Ins Cos
6.31%
FI &
Banks
0.19%
Mutual
Funds
1.46%
• Share Capital
` 333.39 cr
• No. of Shares
33.34 cr
• Net worth
` 3737.34 cr
• B. V. per share
` 117.82
•Return on Equity 21.56%
(annualised)
• DENA is a Part of BSE 500, BSE
Midcap, BSE Sectoral [PSU]
indices, United Stock Exchange
• Listed on BSE and NSE & in
‘Future and Options’ segment
also.
DISTRIBUTION CHANNEL
[` cr]
March 11
June 11
Sept 11
Branches
1291
1297
1298
12
12
12
496
507
520
Ext. Counters
ATM
Bank is planning to
open 100 new Branches
in Current Financial
Year. Besides this, Bank
is also planning to open
58 branches especially
for Financial Inclusion
Plan.
Bank is planning to reach the figure of 757 ATMs by
March 2012.
STRATEGIES
SKILL BUILDING : FOR CUSTOMER SATISFACTION & ENHANCED
PRODUCTIVITY
Bank has been imparting training to employees as an ongoing process for
development and improvement of their knowledge, skill, business confidence.
It also keeps them abreast of the latest trends in Banking Industry. These
Training programmes are conducted in house and also through other reputed
institutes like NIBM, CAB, BTC, ASCI, MDI, JNIDB etc.
Recruitment of fresh talent – Bank has completed the recruitment process of
564 officers (including campus recruitment) in the area of Credit, Agriculture &
Forex and also POs. The recruitment of 600 clerks is in process and is expected
to complete shortly.
Customer centric grooming of frontline staff. Along with intensive two
months’ training programme on credit to create an effective cadre of credit
officer, Bank is also re-orienting the frontline staff for better customer service
through an in-house programme namely S.M.I.L.E. (Smart, Motivated
Intelligent for Leveraging the Emerging Market).
STRATEGIES
Bank has posted FOUR additional Operational General Managers in
each Metro Centre for Business Development and to reduce the
Response Time on Credit Decisions at Field level.
Bank is planning to open 100 new branches during the current
financial year for which necessary RBI/Board approval is in place.
Besides this, Bank is also planning to open additional 58 branches for
effective implementation and monitoring of entire financial inclusion
exercise.
Bank is on the path of transformation through effective use of
technology. Bank has already achieved 100% CBS, while constitution of
centralized back office function has relieved frontline staff for business
development.
STRATEGIES
Bank has identified Agriculture, MSME and Retail as thrust areas for
lending. To have a focused attention on these areas of lending, Bank has
given exclusive charge of MSME and Retail to One General Manager and
Priority Sector to another General Manager.
Through ATM sharing agreement, Bank has enabled itself with more
than 70,000 access points. Bank has already opened 507 ATMs of its own
and targeting to take the total number of ATMs to 757 by March 2012.
Bank will continue to make intense effort for increasing the CASA
Deposits through targeting high value customers and by increasing the
clientele base by 20%.
March 11
Food Processing
Sept 10
Sept 11
298.36
319.63
314.37
Textiles
1207.29
979.77
1311.84
Chemicals and Chemical Products
1126.30
1046.70
1168.04
Basic Metal & Metal Products
1964.07
1757.42
2297.26
All Engineering
906.49
876.12
1045.54
Gems & Jewellery
621.43
580.68
619.87
Construction
106.02
97.33
107.18
11434.89
9072.04
10196.93
8986.34
6375.48
8399.67
Tele communication
993.58
1166.21
416.37
Roads & Ports
626.84
578.19
621.18
Other Infra
828.13
952.16
759.71
Infrastructure
Power