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STATE BANK OF MYSORE
Highlights of Performance for H1,FY15
STATE BANK OF MYSORE
Highlights of Performance for H1,FY15
2
STATE BANK OF MYSORE
Highlights of Performance for H1,FY15
STATE BANK OF MYSORE
Highlights of Performance for H1,FY15
3
STATE BANK OF MYSOREREVIEWED FINANCIAL RESULTS SEP’14
STATE BANK OF MYSOREREVIEWED FINANCIAL RESULTS SEP’14
` in Crores
Yr Ended
SEP'14 JUN'14 SEP'13 SEP'14 SEP'13 MAR'14
1 Interest earned 1,719 1,714 1,557 3,433 3,074 6,323
a Interest /discount on Adv 1,352 1,343 1,201 2,695 2,395 4,906
b Income on Investments 361 354 323 714 632 1,309
c Others 6 17 33 24 47 108
2 Interest Expended 1,205 1,187 1,068 2,392 2,127 4,396
3 Net Interest Income 514 527 489 1,041 947 1,926
4 Other Income 182 153 130 335 266 573
of which Treasury Income 22 34 25 56 67 129
5 Net Operating Income 696 680 619 1,376 1,213 2,499
Quarter Ended HY Ended
4
` in Crores
STATE BANK OF MYSOREREVIEWED FINANCIAL RESULTS SEP’14
STATE BANK OF MYSOREREVIEWED FINANCIAL RESULTS SEP’14
Yr Ended
SEP'14 JUN'14 SEP'13 SEP'14 SEP'13 MAR'14
6 Operating expenses 349 377 347 726 657 1,335
a Employee cost 210 216 219 426 393 784
b Other operating expenses 139 161 128 300 264 551
7Operating profit
(before provisions/contingencies) 347 303 272 650 556 1,164
8Provisions (other than tax)
(NPA/Std/Wage) 216 198 320 414 526 937
(of which provisions for NPAs) 162 184 229 346 369 720
9 PBT 131 105 -48 236 30 227
10 Tax Expenses 29 30 -78 59 -52 -47
11 Net profit 102 75 30 177 82 274
Quarter Ended HY Ended
5
STATE BANK OF MYSOREREVIEWED FINANCIAL RESULTS SEP’14
STATE BANK OF MYSOREREVIEWED FINANCIAL RESULTS SEP’14
` in Crores
Yr Ended
SEP’14 JUN’14 SEP’13 SEP’14 SEP’13 MAR’14
12 NIM (%) # 3.02 3.08 3.05 3.02 3.05 3.02
13 CAR (%) * 10.73 11.16 10.96 10.73 10.96 11.08
14 Gross NPAs 2,519 2,490 2,753 2,519 2,753 2,819
15 Net NPAs 1,424 1,282 1,656 1,424 1,656 1,630
16 Gross NPA (%) 5.07 5.13 5.96 5.07 5.96 5.54
17 Net NPA (%) 2.94 2.72 3.69 2.94 3.69 3.29
18 ROE (%) # 9.79 7.36 3.07 8.48 4.21 6.84
19 ROA (%) # 0.55 0.41 0.18 0.48 0.25 0.40
20 EPS (`) @ 21 16 6 37 17 57
21 Expenses ratio (%) 52.7 55.5 54.2 52.7 54.2 53.4
22 Net Profit per emp (in lacs) # 3.88 2.81 1.1 3.37 1.5 2.53
Quarter Ended HY Ended
6# annld. * under Basel III @ not annld.
OPERATING PROFITOPERATING PROFIT
SEP’13 SEP’14YOY
Growth (%)SEP’13 SEP’14
YOY Growth (%)
Interest Income 1,557 1,719 10.4 3,074 3,433 11.7
Interest Expenses 1,068 1,205 12.8 2,127 2,392 12.5
Net Interest Income 489 514 5.1 947 1,041 9.9
Other Income 130 182 40.0 266 335 25.9
Staff Expenses 219 210 -4.1 393 426 8.4
Overheads 128 139 8.6 264 300 13.6
Operating Profit 272 347 27.6 556 650 16.9
Quarter Ended HY Ended
7
` in Crores
NET PROFITNET PROFIT
* Includes provn. for DFV on SA and provision for wage arrears
SEP’13 SEP’14 YOY Gr % SEP’13 SEP’14 YOY Gr %
Operating Profit 272 347 27.6 556 650 16.9
Total Provisions 242 245 1.2 474 473 -0.2
Income Tax -78 29 137.2 -52 59 113.5
Loan Loss 229 162 -29.3 369 346 -6.2
Investment Depreciation Equity / Bonds 12 -2 -116.7 47 3 -93.6
Standard Assets 19 13 -31.6 19 9 -52.6
Other Provisions* 60 43 -28.3 91 56 -38.5
Net Profit 30 102 240 82 177 115.9
Quarter Ended HY Ended
8
` in Crores
QUARTERLY MOVEMENT IN INCOME PARAMETERSQUARTERLY MOVEMENT IN INCOME PARAMETERS
9
MAR’13 JUN’13 SEP’13 DEC’13 MAR’14 JUN’14 SEP’14
Net Interest Income 468 457 489 462 516 527 514
Operating Profit 354 284 272 247 361 303 347
Net Profit 76 52 30 85 107 75 102
` in Crores
10.96 11.08 10.73
2.57 2.43 2.37
0.15 0.21 0.19
8.24 8.44 8.17
Sep'13 Mar'14 Sep'14
AT-I
CET-I
TIER-I
TIER-II
CAR
CAPITAL ADEQUACY (BASEL-III)CAPITAL ADEQUACY (BASEL-III)
10
Total CRAR 10.96 11.08 10.73
Note: Without adding Net Profit for Q2FY14 & Q2FY15 in Tier-I
Cost of Deposits
INTEREST SPREAD INTEREST SPREAD
in %
Yield on Advances
7.32
7.08 7.097.23 7.21 7.28 7.28
Mar'13 Jun'13 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14
11.62
10.91 10.88 10.90 10.9311.23 11.22
Mar'13 Jun'13 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14
Cost of Funds - Aggregate Interest Spread
4.303.83 3.79 3.67 3.72 3.95 3.94
Mar'13 Jun'13 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14
7.46
7.20 7.237.30 7.35
7.42 7.43
Mar'13 Jun'13 Sep'13 Dec'13 Mar'14 Jun'14 Sep'14
11
` in Crores
RETAIL DEPOSITS GROWTH RETAIL DEPOSITS GROWTH
12
SEP'13 MAR’14 SEP'14YOY GR(AMT)
YOY GR(%)
Total Deposits 57,320 61,560 62,451 5,131 9.0
Of which Non-Bulk Dep. 46,173 51,226 55,674(%) (81) (83) (89)
Retail TDs 27,569 30,915 34,456(%) (48) (50) (55)
Current Account 2,742 3,141 3,390(%) (5) (5) (5)
Savings Bank 15,862 17,170 17,828(%) (28) (28) (29)
CASA 18,604 20,311 21,218 2,614 14.1
CASA to Agg Dep Ratio 32.63 33.25 34.52 --- 189 bps
9,501
6,887
648
1,966
20.6
25
23.6
12.4
* % of Bulk Deps to Total Deps reduced from 19.4% as on Sep’13 to 16.8% as on Mar’14 to 10.9% as on Sep’14.
ADVANCES EXPOSURE ACROSS SEGMENTSADVANCES EXPOSURE ACROSS SEGMENTS
Sep-14 Sep-13
MSE MSE MSEAGL AGL AGL
PER PER PER
C&I C&I C&I
RR
60
17
14 14
Mar-14
17
60
99
15
20
56
9
46,176 50,862 49,695
13
In %
` in Crores
Break-up of RetailAcross Sectors
RETAIL ADVANCES RETAIL ADVANCES
in %
C&I 60
MSE 9
AGRI 14
PER 17 HOME
50
AUTO 8EDU 8
GOLD 4
OTHER PER 30
C&I 56
MSE 9
AGRI 15
PER 20
Sep'13
Sep'14
HOME 50
AUTO 8EDU 7
GOLD 4
OTHER PER 31
14
Level Home Auto Edu Gold Total (P-Segment)
Sep'13 4,005 651 630 334 8,041Sep'14 4,832 791 651 409 9,629
y-o-y Growth 827 140 21 75 1,588y-o-y Growth % 20.6 21.5 3.3 22.5 19.7
` in Crores
ASSET QUALITYASSET QUALITY
2,081 2,473 2,753 3,032 2,819 2,490 2,519
1,209 1,471 1,656
1,889 1,630 1,282 1,424
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep-14
Net
Gross
NPA
` in crores(%)
(2.69)(3.43)
(3.69)
(4.53)(5.61) (5.96)
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep 14
PCR % 60 57 57 55 60 65 63
(4.21)
(6.56)
15
(3.29)
(5.54)
(2.72)
(5.13)
(2.94)
(5.07)
Segment wise Break-up of NPAs
Movement of NPAsMovement of NPAs
Sep'13
Segment wise % of NPAs to Total NPAs (%)
Sep'14
Amt. % of
NPAsAmt.
% of NPAs
C&I 1,694 6.2 1,578 5.7
MSE 264 6.6 240 5.2
Agri 617 9.6 545 7.1
Per 178 2.2 156 1.6
Total 2,753 5.96 2,519 5.1
Sector
Sep’13 Sep’14
16
910
2222
66
6362C&I
Per
Agri.
MSE
` in Crores
Expanding FootprintExpanding Footprint
Sep'13 Mar'14 Sep'14Increase
(Sep'14 Over Sep'13)
Branches No. of Branches 886 944 997 111
ATMsNo. of ATMs 878 1,107 1,209 331
Hits per day 234 233 191 -43
Debit Cards(in lacs)
No. of Debit Cards 33.8 37.9 41.8 8
% to SB Accounts 64.4 65.7 63.2 -120 bps
Internet Banking (in lacs)
No. of Customers 2.64 3.00 3.42 0.78
No. of transactions 41.0 89.4 53.6 12.6
Mobile Banking (in lacs)
Net regd mobile users 0.13 0.19 0.31 0.18
No. of transactions 0.82 2.16 1.89 1.07
Green Channel(in lacs)
No. of transactions 1.29 2.00 3.94 2.65
POS Machines
Boarded(Installed)
1,111(615)
2,172(2,000)
3,584(3,208)
2,473(2,593)
No. of transactions(in lacs) 1.17 4.21 9.44 8.27
Alternate Channels % of total transactions on ALT channels & e-mode 40.40 45.20 48.64 824 bps
17
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