Analyst Presentation June10

8/9/2019 Analyst Presentation June10

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the name you can BANK upon!

Presentation on Performance for thePresentation on Performance for the


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Overview of Performance

O eratin Profit:

2098 33.7%(Rs. Crore)

NetProfit

:1068 28.4%

TotalBusiness:

452205 20.0%Deposits

:255335 16.6%

: re t .TotalAssets

:310001 20.4%

3


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Profit (Rs. Crore)

Sl. ParametersQ1 Q1

Variation

(Q111 over

FY10 FY11 Amt. (%)

1 InterestIncome 5147 5992 845 16.4

2 InterestExpenses 3346 3373 28 0.8

3 NII

(Spread)

(1

2)

1801 2619 818 45.4er ncome .

5 OperatingExpenses 1263 1392 129 10.2

6 Contribution(45) 232 520 289 124.6

7 OperatingProfit(3+6) 1569 2098 529 33.7

8 Provisions 737 1030 293 39.7

4

9 NetProfit 832 1068 236 28.4


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Profit from Core Operations (Rs. crore)VariationQ1'11VariationQ1'11

overQ1'10overQ1'10

ParticularsParticulars Q1'

Q1'

FY10FY10 Q1'

Q1'

FY11FY11 AmountAmount Growth

Growth

(%)(%)

NetProfitDeclaredNetProfitDeclared 832832 10681068 236236 28.428.4

TreasuryTradingProfitTreasuryTradingProfit 358358 121121 237237 66.266.2

Depreciation

onInvestments

Depreciation

on

Investments

5050 1414 6464 127.3127.3

NetProfitNetProfit

(ExcludingTreasuryOperations)(ExcludingTreasuryOperations)423423 961961 538538 127.0127.0

..

TreasuryTradingProfitTreasuryTradingProfit 358358 121121 237237 66.266.2

5

(ExcludingTradingProfit)(ExcludingTradingProfit)..


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Provisions .

Sl. ParticularsQ1

'

Q1

'

Variation(Q1'11

overQ1'10)

Amt. %

1 ProvisiontowardsNPAs 147 550 403 273.8

an ar vances >

3 StandardRestructured 126 23 149 118.2

ProvisionsforDe reciationon

Investment(Net) .

Provisionsmadetoward

5 IncomeTax

Inc u ng

FBT

WealthTax)4 4 1 .

6 Others 79 47 126 159.5

6

7 TotalProvisions 737 1030 293 39.7


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Break-u : Income .

Qtr1Qtr1 Qtr1Qtr1

Variation(Q111Variation(Q111

overQ110)overQ110)

Sl.Sl. ParametersParameters 20102010 20112011 Amt.Amt. (%)(%)

11 InterestonAdvancesInterestonAdvances 40264026 46954695 669669 16.616.6

22 InterestonInvestmentsInterestonInvestments 10721072 12771277 205205 19.219.2

33 OtherInterestIncomeOtherInterestIncome 4949 2020 2929 58.658.6

44 Interest

Income

(1+2+3)

Interest

Income

(1+2+3)

51475147 59925992 845845 16.416.4 ..

ofwhichofwhich

66 CoreNonCoreNonInterestIncome.InterestIncome. 608608 674674 6666 10.910.9

77 Recoveryin

Written

off

aRecovery

in

Written

off

a cscs 6464 7676 1212 18.618.6

88 TradingProfitTradingProfit 358358 121121 237237 66.266.2

99 TotalIncome(4+5)TotalIncome(4+5) 61786178 68636863 686686 11.111.1

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Fee Based Income (Rs.Crore)

Sl.Sl. ParticularsParticulars Q1FY'10Q1FY'10 Q1FY'11Q1FY'11

Variation(Q1'11overVariation(Q1'11over

Q1'10)Q1'10)

AmountAmount %%

.. ..

22 LC/LGLC/LG 106106 131131 25.325.3 23.8423.8433 ProcessingFeesProcessingFees 202202 210210 8.28.2 4.064.06

44 Govt.BusinessGovt.Business 1212 1313 0.70.7 6.226.22

55 LockerRentLockerRent 1212 1313 1.01.0 8.188.18

66 ThirdPartyProductsThirdPartyProducts 00 33 2.92.9 2335.842335.84

77 ATMCharges

RecoveredATM

Charges

Recovered 1111 3232 20.520.5 181.81181.81

.. ..

AA Commission,Exchange&BrokerageCommission,Exchange&Brokerage 459459 496496 37.037.0 8.068.06

BB ExchangeProfitExchangeProfit 6161 9595 33.733.7 55.2555.25

CC MiscFeeIncomeMiscFeeIncome 2828 2727 0.50.5 1.821.82

FeeBase

Income

A+B+CFee

Base

Income

A+B+C 547547 618618 70.270.2 12.8212.82

99 DividendIncomeMFDividendIncomeMF 6161 5757 4.24.2 6.916.91

DD CoreNonInterestIncomeCoreNonInterestIncome 608608 674674 66.066.0 10.8510.85

1010 Recover inW oARecover inW oA cscs 6464 7676 11.911.9 18.5718.57

8

1111 TradingProfitTradingProfit 358358 121121 237.4237.4 66.2166.21

EE NonInterest

IncomeNon

Interest

Income 10311031 872872

159.4159.4

15.4615.46


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Break-up : Expenditure Rs. Crore

Sl. ParametersQ1 Q1

Variation

(Q111 /Q110)

FY10 FY11 Amt. (%)

1 Intt.PaidonDeposits 3123 3092 31 1.0

2 Intt.PaidonBorrowings 18 27 9 46.7

3 Others 204 254 50 24.5

4 TotalInterestPaid(1+2+3) 3346 3373 28 0.8

5 EstablishmentExpenses

908 995 88 9.6

5a Provisionforwage/Pension/Gratuity 150 250# 100 66.7

5b Estab.Expenseexcl.Prov. 758 745 12 1.6

.

7 OperatingExpenses(5+6) 1263 1392 129 10.2

8 TotalExpenses(4+7) 4608 4765 157 3.4

9

# Rs. 125 cr. Provision for Pension Fund 2nd option & Rs 125 cr for Gratuity Fundbesides Rs 107 cr towards AS-15

.


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Cost & Yield Ratio

Sl. ParticularsQ1 Q1

(Annualized)

1 CostofDeposit[%] 5.94 5.02

2 CostofFund[%] 5.38 4.50

. .

4 YieldonInvestment[%] 6.88 6.78

5 Yieldon

Fund

[%] 8.27 8.00

6 Net Interest Mar in 3.24 3.94

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Profitability Ratio Annualised

Sl. ParticularsQ1

FY2010

Q1

FY2011

1 ReturnonAssets[%] 1.31 1.38

e urnon e wor . .

3 Opt.ProfittoAWF[%] 2.52 2.80

. .

5 Estb.Exp.ToTotalExp[%] 19.70 20.89

.

.

. .7 BookValueperShare[Rs] 443.11 548.66

arn ngspers are s . .

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uarterl Net Interest Mar in

3.563.74 3.59 3.5 3.64

3.99 3.944

4.5

3.13. .

2.5

3

3.5

1

1.5

2

0

0.5

* Daily Average basis

12

NIM for June09 : 3.24% NIM for June10 : 3.94%


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Variation

(Rs. Crore)

S . Parameters

FY'10

Mar10

FY'11

1 11 over 1 1

Amt. (%)

1 TotalBusiness 376939 435931 452205 75266 19.97

2 TotalDeposit 218960 249330 255335 36376 16.61

o a

vances .

4 CDRatio[%] 72.15% 74.84% 77.10%

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Deposit Rs. CroreSl. Parameters

Q1

FY'10Mar10

Q1

FY'11

Variation

Q111overQ110

Amt. %

1 Total

Deposit

218960 249330 255335 36376 16.62 Bulk+CD 44159 48322 47822 3663 8.3

a u .

2b CD 24201 26540 25780 1579 6.5

3 CoreDeposit

174801 201008 207513 32713 18.7

4 CoreDep.ToTotal (%) 79.83 80.62 81.27

5 SBDeposit 64768 78133 81847 17079 26.4

6 CurrentDeposit

19179 23717 22538 3359 17.5

7 CASADeposit 83948 101850 104385 20438 24.3

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8 ShareofCASA(%) 38.34 40.85 40.88


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( Rs. Crore)Advances Well Diversified Portfol ioVarVar

Sl.Parameters Q1FY'10Q1FY'10 Mar'10Mar'10 Q1FY'11Q1FY'11

%Share%Share

In CreditIn Credit

Q111 /Q111 /

Q110Q110

(%)(%)

2 OverseasAdvances 4042 6973 8063 99.48

3 Domestic GrossAdvances 155129 181333 190594 22.86

3a FoodCredit 3886 3267 3722 4.22

3b Dom.NonFoodGrossAdv. 151243 178066 186872 100 23.56 ofWhich

4 Agriculture&Allied 23574 30207 30240 16.18 28.28

5 Industry 73933 88708 94236 50.43 27.46

5a MSME Manufacturing 14707 20659* 20090 10.75 36.6

5b LargeIndustry 59226 68049 74146 39.68 25.19

6 RetailLoans 16555 19214 19442 10.4 17.44

. .

6b PersonalLoans 998 1394 1338 0.72 34.01

6c EducationLoans 1662 2272 2362 1.26 42.13

6d OtherRetailLoans 5494 6010 6004 3.21 9.29

15*Gross MSME Rs 37018 cr including Traders

7 CommercialRealEstate 11335 10382 10767 5.76 5.01

8 Services&Others 36241 24679 32184 17.22 11.19


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Advances- Industr w ise Breaku(Rs. Crore)

MajorIndustrywiseDeployment

Q110 Mar10 Q111

Amt.

Industry

Amt.

Industry

Amt.

Industry

Share(%) Share(%) Share(%)

Mining@Quarrying 970 1.3 954 1.1 1036 1.1

FoodProcessing

4792 6.5 3297 3.7 3334 3.5

Textiles 5001 6.8 5241 5.9 6172 6.5

em ca em ca ro ucts . . .

Cement&CementProducts 793 1.1 1267 1.4 1562 1.7

BasicMetal&MetalProducts 7339 9.9 10849 12.2 10102 10.7

Iron&Steel 6305 8.5 9824 11.1 9062 9.6

EngineeringProducts 2653 3.6 4810 5.4 2624 2.8

Infrastructure 21857 29.6 24520 27.6 26170 27.8

Power 7405 10.0 9914 11.2 9939 10.5

e e ommun ca on . . .

Roads&Port 4527 6.1 5062 5.7 5534 5.9

Others 3453 4.7 3795 4.3 3364 3.6

Otherindustries 29039 39.3 36094 40.7 42088 44.7

16

Industry

73933 100 88708 100 94236 100(Micro,Small,Medium,large)


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Investment Rs. CroreSl. Particulars Q1FY10 Mar10 Q1FY111 GrossInvestment 65173 78058 81036

2 HeldToMaturity(HTM) 51445 61013 64546

3 AvailableForSale(AFS) 13436 13973 14764

5 Duration(AFS) 2.78 2.34 2.35

6 ModifiedDuration

(AFS)

2.65 2.23 2.24

7 DurationTotalPortfolio 4.95 4.66 4.86

8 ModifiedDurationTotalPortfolio 4.77 4.49 4.67

10 SLR(%) 26.16 26.04 25.09

11 HTMToSLR(%) 91 89 91

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12 HTMToGrossInvestment(%) 79 78 80


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Non-Performing Assets ( Rs. Crore)Sl. Parameters Q110 Mar10 Q111

1 NPAasatthebeginningofYr. 2507 2507 3214

2 CashRecovery 164 950 408

3 Upgradation 179 328 133

4 WriteOff 91 853 276

5 TotalReduction (2+3+4) 434 2131 817

7 GrossNPAsendperiod 2607 3214 3614

9 NetNPAs 297 982 1283

10 Recover inwrittenoffdebtA Cs 64 316 76

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NPA Ratios n per cen

. arame ers ar

1 NetNPA % 0.19 0.53 0.66

2 GrossNPA 1.64 1.71 1.82

3 NPACoverage

Ratio

(%)

92.89 81.17 77.61

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Restructured Accounts Rs. CroreSl. Particulars No. Amt.

1 BelowRs.1Crore 14659 618.45

2 Rs.

1

Crore

&

above

603 12354.973 Total 15262 12973.42

3a of whichFY0809 12658 4074.68

3b of whichFY0910 2549 8021.01

.

OfTotalaccountrestructuredasat3above

4 StandardA/crestructured 14410 12709.67

5 NPAA/cs restructured 852 263.75

6 OfStandarda/cs restructured asat4above

20

AccountsslippedtoNPA 793 1038.77


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Sectorw ise Restructured Accounts

Sl.Sl.RestructureRestructure No.ofNo.of Amt.Amt.

DiminutionDiminution

inFairinFair

(Rs. Crore)

Sl. Particulars Mar'09 Mar10 Q110 Total

1 Agriculture 31 63 94 ..

ValueValue

11Under

Under

CDRCDR2323 2058.92058.9 403.95403.95

2 Housing 17 5 21

3 RealEstate

467 935 10 1413

4 Industry 2286 6195 599 9080

ofwhich

22Un erUn er

SMESME14031403 967.4967.4 14.8014.80

33

OthersOthers

(Non(Non 1383613836 9947.19947.1 191.07191.07

Auto 35 13 68 116

Aviation 19 645 0 665

Drilling 0 1094 0 1094

Hotel 66 517 71 653

CDR)CDR)

Cumulativesince01.04.08to30.06.10Cumulativesince01.04.08to30.06.10

BelowRsBelowRs

Infrastructure 591 870 393 1854

Iron&Steel 307 1554 0 1861

Paper 210 251 7 469

Pharmaceutical 135 90 0 225aa

1cr1cr..

3b3bRs1Rs1crcr &&

aboveabove603603 12354.9712354.97

Sugar

81 442 61 584Textiles 710 625 0 1336

Trading 132 26 0 158

44 TotalTotal 1526215262 12973.4212973.42

21

6 Others 1274 823 268 2365

Total

4075 8021 878 12973


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Capital Adequacy (Basel II) (Rs. Crore)

Sl. Particulars Q110 Mar10 Q111

1 TierI 14551 17400 17309

2 TierII 8555 9537 10076

3 Total(TierI+II) 23107 26937 27386

4 Riskweighted

Assets 159961 190233 198951

5 CapitalAdequacyRatio(%) 14.45 14.16 13.77

6 TierI(%) 9.1 9.15 8.70

7 TierII

(%) 5.35 5.01 5.07

As er new uidelines of RBI while the uarter end RWA are to be taken , the

22

profit of Mar10 is to be taken in Tier I . In case the June10 profit is ploughed backthe CRAR increases to 14.36%


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Ratios: Product iv it & Market ShareSl. Parameters Q1FY'10 Mar10 Q1FY'11

1 DepositMarket

Share

(%)

5.17 5.23 5.28

2 CreditMarketShare(%) 5.43 5.33 5.51

3 BusinessPerBranch(Rs.Cr.) 82.85 87.17 90.95

4 BusinessPerEmployee(Rs.Cr.) 6.79 8.07 8.42

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Value For Stakeholders

23.52% 23.82% 24.54% 24.70%25%

30%

Return on Equity

1.44%

2.0%

Return on Assets

5%

10%15%

20%. .

0.5%

1.0%

.

0%

Mar'09 June'09 Mar'10 June'10

0.0%

Mar'09 June'09 Mar'10 June'10

98.03 105.55123.86

135.53150

Earning per Share

416.74 443.11514.77 548.66

500

600

Book Value per Share(in Rs.) (in Rs.)

50100

200300

24

Mar'09 June'09 Mar'10 June'10 Mar'09 June'09 Mar'10 June'10


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Shareholdin Pattern (As on 30th June10) MF & UTI,

3.53

Insurance

Co., 12.66

FII 19.08ov., .

Non-Institutions,

4.94

25

FIs/Banks,1.99


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Robust Technology Platform Bank has pioneered CBS implementation and is frontrunner in

implementing various IT initiatives taken up by RBI such as RTGS and NEFT

a art rom introducin innovative IT roducts with customer centric

approach.

Bank is providing Anytime , Anywhere service to its 5.87 crore

va ue cus omers roug s a cen res.

Bank has enabled migration of all branches of 6 PNB sponsored RRBs

facilitating banking operations.

3715 ATMs facilitating more than 10 million ATM/ debit cardholders of

the Bank transacting at more than 50,000 ATMs of various Banks and at

, , .

Bank has launched PNB platinum Debit Card for the premium

customers with higher card limits both for withdrawal and purchases.

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Mobile banking facilities have been made available to our customers


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Current Overseas Presence

Type of office DestinationDate of Commencement

of operations

Branch

1 Offshore Banking Unit, Mumbai 25th September, 2003

2 Kabul, Afghanistan 26th July 2004

3 Hong Kong Main 17th December 2007

4 Kowloon Hong Kong 2nd April 2009

5 DIFC, Dubai 20th December 2009

Subsidiary 1 PNBIL, UK (5 branches) 10th May 2007

JointVenture

1Everest Bank Limited,Kathmandu, Nepal

January, 1997

2 DRUK PNB Ltd., Bhutan (2 Branches) 27th January 2010

Rep. Offices 1 Almaty, Kazakhstan 23rd October, 1998

2 Shanghai, China 3rd September 2004

th

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4 Oslo, Norway 1st October 2008


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Increasin Global Foot rintsBankBank isis inin thethe processprocess ofof ::

UpgradingUpgrading RepresentativeRepresentative officeoffice inin NorwayNorway toto aa fullfullfledged fledged branchbranch..

SettingSetting upup of of representativerepresentative officeoffice inin Sydney,Sydney,

AustraliaAustralia.. Acquiring Acquiring majoritymajority stakestake withwith managementmanagement controlcontrol

inin JSCJSC DanaDana BankBank inin KazakhstanKazakhstan

SettingSetting upup ofof aa whollywholly ownedowned subsidiarysubsidiary inin Canada,Canada,

headhead quarteredquartered atat VancouverVancouver..

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Best Public Sector Bank for FY 0910 by FE ..

Ernest & young (FEEY)

Associated Chamber of Commerce and

n us ry o n a .

Best Bank wards b IDRBT

Best Customer Relationship Management Initiatives

29

es use o ec no ogy or nanc a nc us on (FY 0910)

.


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Analyst Presentation June10

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