FINANCIAL YEAR 2015 - 16 RESULTS
HEAD OFFICE: THIRUVANANTHAPURAM
WELCOME TO ANALYSTS’ MEET
26th April, 2016
State Bank Of Travancore A brief history Established as The Travancore Bank Limited on 12th September, 1945. Founded by Maharaja Chithira Thirunal Balarama Varma of the erstwhile princely State of Travancore. Became a Scheduled Commercial Bank in 1946. In 1960, became a subsidiary of the State Bank of India. Renamed as State Bank of Travancore. State Bank of India holds 79.09% of equity capital.
An unbroken track record of dividend payment since 1999 and listed in NSE and BSE. 2
Footprints…… The first Banking Museum of Kerala; “Footprints” has been thrown open to the public by State Bank of Travancore. The Banking Museum & Archives was inaugurated by the Honourable Governor of Kerala; Justice (Retd.) P. Sathasivam on 23rd April, 2016.
A book that chronicles the Bank’s history and its glorious saga; “Tradition of Trust: The Saga of State Bank of Travancore” was released on the occasion.
3
DELIVERY CHANNELS Head Office at Thiruvananthapuram, Kerala. 3 Retail Networks headed by General Managers @ Thiruvananthapuram, Ernakulam & Chennai. 1 Commercial Network @ Thiruvananthapuram 10 Modules and 30 Regional Offices.
11 Specialised NRI Branches and 45 P & SB Branches. 15 Commercial Branches & Mid Corporate Branches for Corporate Credit.
10 Specialised SME Branches, 2 Housing Finance Branches & 9 Krishi Point Branches. 4
Bank At A Glance Branches
1177
ATMs
1707
CDMs
106
Deposit (Rs. in Crores) Advances (Rs. in Crores)
101119 67004
Total Business (Rs. in Crores)
168123
Total Assets (Rs. in Crores)
114507
Staff Strength
14892
5
Performance Highlights FY16 over FY15
YoY Growth
Operating Profit
31.05%
Net Profit
0.60%
Fee Income
28.31%
Cost to Income Ratio
697 bps
Gross NPA Ratio
141 bps
Capital Adequacy Ratio (Basel III) Tier I – 8.90%
Overall 11.60%
6
Net Profit - a Snapshot Rs. in Crores
Q4FY16
Q4FY15
YOY %
FY 16
FY 15
YOY %
Operating Profit
547
468
16.88
1798
1372
31.05
Total Provisions
485
276
75.72
1460
1036
40.93
Loan Loss
520
97
436.08
1443
749
92.66
Standard Assets
(-) 32
34
-194.12
(-) 57
49
-216.33
Investment Depreciation
(-) 45
5
42
(-) 31
6
5
(-) 127
44
Income Tax
36
135
(-) 73.33
159
225
(-) 29.33
Net Profit
62
192
(-) 67.71
338
336
0.60
Other Provisions
7
NII and Operating Profit Rs. in Crores Interest Income
Q4FY16
Q4FY15
YOY %
FY 16
FY 15
YOY %
2387
2331
2.40
9609
9568
0.43
Other Income
414
372
11.29
1148
1015
13.10
Of which Fee Income
273
201
35.82
698
544
28.31
Total Income
2801
2703
3.63
10757
10583
1.64
Interest Expenses
1756
1750
0.34
7055
7285
(-) 3.16
Net Interest Income
631
581
8.61
2554
2283
11.87
Staff Expenses
271
272
(-) 0.37
1073
1188
(-) 9.68
Overheads
227
213
6.57
831
738
12.60
Operating Expenses
498
485
2.68
1904
1926
(-) 1.14
Operating Profit
547
468
16.88
1798
1372
31.05
8
Operating Profit
Rs. in Crores
10757 7055
10583
1904
7285
1798 Mar'16
1926
Tot.Income
Int.Exp
Opg.Exp
1372
Mar'15 Opg.Profit 9
NET INTEREST INCOME (NII)
Parameters
Tot.Int Income
Rs. in crore
Mar‘16
Mar'15
Tot. Int. Income
9609
9568
Int. Exp.
7055
7285
NII
2554
2283
Intt. Exp
NII
Tot.Int Income Mar'16
Mar'15
10
Capital Adequacy Basel III CAR%
10.74
10.79
10.28
10.16
10.10
10.89
10.47
10.33
10.25
1.99%
1.86%
1.80%
1.68%
11.60
Tier II 2.85%
2.33%
2.22%
2.13%
2.04%
2.41%
#
Tier I
RWA
7.47%
8.46%
8.06%
8.03%
8.06%
8.90%
8.61%
8.53%
8.57%
#9.19%
Mar-13
Mar 14
Jun 14
Sep 14
Dec 14
Mar 15
Jun 15
Sep 15
Dec 15
Mar 16
52804.92
58919.31
59430.52
59242.99
60919.89
63744.90
63512.93
63843.41
59576.35
63656.95
# CET1 8.90%
11
In % age
RATIOS Parameters
Mar'16
Mar'15
ROE
6.20
6.65
NIM
2.54
2.30
GROSS NPA RATIO
4.78
3.37
NET NPA RATIO
2.77
2.04
61.49
60.62
PCR
12
In Percentage
Interest Spread Yield Advances Yield onon Advances
Cost of Deposits
7.49 7.41 7.38 7.32
7.09 7.05 7.04 6.94
Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16
Cost of Funds - Aggregate
10.5610.5910.4910.5010.46 10.44 10.3910.27 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16
Interest Spread
3.41 3.41 3.35 3.33 2.95 3.15 3.21 3.17
7.01 6.97 6.90 6.86 6.53 6.52 6.51 6.40 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16
Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16
13
Retail Deposits Rs in Crores
Bulk Deposits (>1Cr) 9.34% High Cost Deposits 0.48%
(% YOY growth)
TD-Bulk 59,474
28,644
(-22)
TDRetail
(12)
CA
(28)
2,863
SB
(18)
Mar 16 Total Deposit Market Share
51,892
High Cost Deposits 0.73%
9,444
3,557 CASA 31.84%
12,057
Bulk Deposits (>1Cr) 13.24%
101119
1.07%
24,265
CASA 29.79%
Mar 15 YOY Gr 11.03%
91077
1.05%
14
Retail Advances
Rs. In crores
Distribution of Retail Loans(%)
29.54 9.87 7.34
53.25
Total
Other Per.
Distribution of Home Loans(%) Above Rs.30 lacs
79
Upto Rs.30 lacs
23
25.48
Education
12.16
7.74
Auto Home
77
54.62
Mar 16
Mar 15
20743
18784
Level Mar 16 Mar 15 Dec 15 YOY Growth Abs. YOY Growth % 5 year CAGR(%)
21
Home
11046 10259 10818 787 7.67 8.38
Mar 16
Mar 15
11046
10259
Total Auto
Edu
1522 1454 1514 68 4.68 1.22
2048 2284 2193 -236 -10.33 0.06
Other Per.
6127 4787 5779 1340 27.99 11.94
Total
20743 18784 20304 1959 10.43 7.66
15
Asset Quality
Rs in Crores
4.78% 4.03%
3.82%
3.87%
2,357
2,759
2,569
2,604
3,200
Mar 15
Jun 15
Sep 15
Dec 15
Mar 16
Gross NPA
3.37%
2.47%
Net NPA
2.04%
* PCR %
2.27%
2.46%
2.77%
1,654
1,498
1,628
Mar 15
Jun 15
Sep 15
Dec 15
Mar 16
60.62
57.17
60.27
59.70
61.49
1,399
1,814
* Provision Coverage Ratio
16
Gross NPAs by Sector
Rs. In Crores
Break-up of Gross NPAs Mar 16 Sector NPA
C&I
Ratio %
2191 6.95
Sector-wise Gross NPAs to Total Gross NPAs % Mar 15 NPA
Ratio %
Mar 14 NPA
Ratio %
1502 4.37 2022 5.79
SME
422 6.04
329 5.39
390 6.37
Agri
179 2.30
191 1.79
205 1.84
Retail Total
408 1.97 3200 4.78
335 1.78
460 2.48
2357 3.37 3077 4.35
C&I
68.5
Retail
12.7 5.6 13.2
Agri. SME
Mar-16
63.7
65.7
14.2
14.9
8.1
6.7
14.0
12.7
Mar- 15
Mar-14
17
Shareholding Pattern SHAREHOLDER CATEGORY
STATE BANK OF INDIA RESIDENT NRI FOREIGN INSTITUTIONAL BODY CORPORATE MUTUAL FUNDS GOVERNOR OF KERALA INSURANCE COMPANIES FINANCIAL ISTITUTIONS CLEARING MEMBERS BANKS TRUST
PERCENTAGE
STATE BANK OF INDIA
79.09
RESIDENT
11.22
NRI
1.92
FOREIGN INSTITUTIONAL
2.25
BODY CORPORATE
2.11
MUTUAL FUNDS
1.01
GOVERNOR OF KERALA
0.89
INSURANCE COMPANIES
1.05
FINANCIAL INSTITUTIONS
0.04
CLEARING MEMBERS
0.07
BANKS
0.35
TRUST
0.00
18
Shareholder Returns
Parameters
Mar'16 Mar'15
ROE
6.20
6.65
EPS
47.50
56.63
794
880
BOOK VALUE
19
Capital Infusion Tier 2 Capital: • Successfully issued 5,150 Basel III compliant Tier 2 Bonds on 30th March, 2016. • Issue Size: Rs. 515 Crores • Annual Coupon Rate: 8.45% During the FY 2015 – 16, Bank transferred the proceeds of the Rights Issue of FY 2014 – 15 to Share Capital and Share Premium A/c from the Share Application Money Account.
20
Dividend
In percentage
50
50
31.03.2015
31.03.2016
21
Branch Expansion
Mar 16
Metro
Urban Semi-Urban Rural Total Loss Making Branches > one year
Mar 15
Branches opened during MAR 16
Mar 14
114
117
110
0
(9.68)
(10.11)
(9.85)
0
243
241
232
2
(20.65)
(20.83)
(20.77)
(8.70)
683
677
664
6
(58.03)
(58.51)
(59.44)
(26.08)
137
122
111
15
(11.64)
(10.55)
(9.94)
(65.22)
1177
1157
1117
23
42
47
53
Figures in brackets indicate percentage share in total branches
22
Human Resources
Staff Strength as on
Mar 16
Mar 15
Mar 14
Mar 13
Officers
5443
4896
5094
5093
Assistants
7059
6390
7005
5351
Sub-staff (Others )
1521
1655
1768
1493
869
834
624
588
14892
13775
14491
12525
Watch & ward
Total
23
Expanding Footprint & Multiple Delivery Channels Branches 5% 1177
1157
1117
1013
Num of Branches added during last one year : 23
CAGR : Mar 13-16
* In lacs
ATMs 21%
1602
1707
1352 965
Mar 13
Mar 14
Mar 15
Mar 16
Internet Banking Users *
28%
Mar 13
Mar 14
1.92
5.61
1.45
Mar 15
2.48
20%
11.66 8.72
Mar 14
Mar 16
Mobile Banking Users*
7.17
Mar 13
Mar 15
Mar 16
Mar 13
1.61
Mar 14
Mar 15
Mar 16
24
Expanding Footprint Total no. of POS Terminals
0.27%* 0.25%
Market Share
0.18%
2851
Amt of POS txns during the Year Upto Mar 16 (Rs. in Cr) 22 No. of txns 1793 during the year
3430
(in lacs)
27
1408
8
1926 0
667
Mar 13
Mar 14
0 Mar 13
Mar 14
Mar 15
Mar 16
Mar 15
Mar 16
* Upto Dec 2015
YoY Growth %
Amount (Rs. Crores)
39%
1573
45% 63%
1135 784
481
Mar 13
Mar 14
Mar 15
Mar 16
Debit Card Spends : Point of sale & e-Commerce
25
Financial Inclusion Rural Branches 27% 113
CAGR : Mar 13-16
Unbanked Villages Covered 920
BC Channel transactions # 12.1
137%
126
79%
86
332
61
Mar 13
Mar 14
Mar 15
Mar 16
No. of A/c’s through BC Channel*
69
69
Mar 13
Mar 14
Mar 15
Mar 16
RSETIs – No. of Candidates Trained
2.12
2.69
3.22
Mar 13
Mar 14
Mar 15
Mar 16
JDY- Actual Nos. 6%
1.37
500096 516531
9%
79%
3312
0.77 0.24
0.27
Mar 13
Mar 14
* In lacs
Mar 15
2546
Mar 16
Mar 13
437359 445229
465939
2721 2336
Mar 14
# Amount in crores (during the year)
Mar 15
Mar 16
Nov 15 Dec 15 Jan 16 Feb 16 Mar 16
26
Corporate Social Responsibility During FY 2015 – 16, an amount of Rs. 2.72 Crores was spent for CSR activities. Some of the major activities undertaken were: • Vehicle for cancer control and patient support activities to Regional Cancer Care Centre, Thiruvananthapuram. • Vehicle to Special School for Mentally Retarded Children, managed by Mahatma Gandhi Seva Sangam, Vasudevanallur, Tirunelveli and Battery operated vehicle to remove waste from doorsteps to Shencottah Municipality. • Establishment of Labour Room at the Swami Vivekananda Medical Mission Hospital Attappady, Palakkad. • Resource for Cardiac Transplant Programme to Sree Chitra Thirunal Institute for Medical Science and Technology, Thiruvananthapuram. • Equipments to start paper bag, paper cup and paper plate manufacturing unit to Rotary Institute for Children in Need of Special Care, Thiruvananthapuram. • Cut models in automobile trades for imparting skill training to the persons with disabilities to Vocational Rehabilitation Centre for Handicapped, Nalanchira, Thiruvananthapuram . • Hemodialysis Unit to Snehasparsham Kidney Patients Welfare Society, Eranhipalam, Kozhikode. • Modernisation and Digitalization of the prison library of Central Prison Poojappura, Thiruvananthapuram. 27
Products 28
Products
29