ICICI BANK - Q2 FY21 RESULTS REVIEW

 

ICICI BANK

Q2 FY21 RESULTS REVIEW

DT 11.11.2020

 

Management

Girish Chandra Chaturvedi : Non Exe.Part Time Chairman

Sandeep Bakhshi  : Managing Director & CEO

Anup Bagchi  : Executive Director

Vishakha Mulye  :  Executive Director

 

 

ICICI Bank (in Rs. Cr.)	Sep '20	Jun '20	Sep '19	YOY	QOQ
Interest Earned
(a) Int. /Disc. on Adv/Bills	14,805.93	15,335.70	15,136.52	-2.18	-3.45
(b) Income on Investment	6,061.02	5,853.73	5,364.14	12.99	3.54
(c) Int. on balances With RBI	488.72	504.47	188.25	159.61	-3.12
(d) Others	870.82	728.81	417.37	108.64	19.49
TOTAL INTT	22,226.49	22,422.71	21,106.28	5.31	-0.88
Other Income	17,094.93	15,516.61	16,318.50	4.76	10.17
total income	39,321.42	37,939.32	37,424.78	5.07	3.64
EXPENDITURE
Interest Expended	10,944.95	11,347.02	11,334.69	-3.44	-3.54
N I I	11,281.54	11,075.69	9,771.59	15.45	1.86
Employees Cost	2,731.93	2,857.36	2,872.68	-4.9	-4.39
Other Expenses	15,721.88	11,443.06	14,854.10	5.84	37.39
Total Expenditure	29,398	25,647	29,061	1.16	14.63
Operating Profit	9,922.66	12,291.88	8,363.31	18.65	-19.27
Provisions And Contingencies	3,049.95	7,704.58	2,725.80	11.89	-60.41
P/L Before Tax	6,872.71	4,587.30	5,637.51	21.91	49.82
Tax	1,446.38	1,000.39	4,052.99	-64.31	44.58
Net Profit	5,426.33	3,586.91	1,584.51	242.46	51.28
Minority Interest	-544	-469.23	-453.32	20	15.93
FINAL NPT	4,882.33	3,117.68	1,131.19	331.61	56.6
Equity (FV :2)	1,379.46	1,295.41	1,292.15	6.76	6.49
Reserves Excluding Revaluation Reserves	1,41,499.23	1,21,705.39	1,12,910.38	25.32	16.26
Basic EPS	7.3	4.82	1.75	317.14	51.45
Diluted EPS	7.21	4.76	1.72	319.19	51.47
NPA Ratios :
i) Gross NPA	38,989.19	40,386.24	45,638.79	-14.57	-3.46
ii) Net NPA	7,187.51	8,674.65	10,916.40	-34.16	-17.14
i) % of Gross NPA	5.17	5.46	6.37	-18.84	-5.31
ii) % of Net NPA	1	1.23	1.6	-37.5	-18.7
MP	486.55
PE	16.66
VOLUMES	4,56,06,336
52 Wk L/H	269	552.4

 

 

Annual Results	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Interest Earned	84,835	71,981	62,162	60,939	59,293
Other Income	64,950	59,324	56,806	52,457	42,102
Total Income	1,49,786	1,31,306	1,18,969	1,13,397	1,01,395
Total Expenditure	1,16,182	1,03,436	90,017	83,005	74,766
Operating Profit	33,604	27,870	28,951	30,391	26,629
Provisions & Contigencies	15,014	20,461	17,972	16,582	12,305
PBT	18,590	7,408	10,978	13,809	14,323
Tax	7,363	1,719	1,878	2,469	3,377
Net Profit	11,226	5,689	9,099	11,340	10,946
NPA
Gross NPA	40,829	45,676	53,240	42,159	26,221
Gross NPA (%)	6	7	0	9	6
Net NPA	9,923	13,449	27,823	25,216	12,963
Net NPA (%)	1.54	2.29	5	5	3

 

 

BALANCE SHEET
Equities & Liabilities	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Share Capital	1,294	1,289	1,285	1,165	1,163
Reserves & Surplus	1,21,661	1,12,959	1,09,338	1,03,460	92,940
Deposits	8,00,784	6,81,316	5,85,796	5,12,587	4,51,077
Borrowings	2,13,851	2,10,324	2,29,401	1,88,286	2,20,377
Liabilities & Provisions	87,414	73,940	1,92,445	1,75,671	1,49,834
Total Liabilities	13,77,292	12,38,793	11,24,281	9,86,042	9,18,756
Assets
Fixed Assets	10,408	9,660	9,465	9,337	8,713
Loans & Advances	7,06,246	6,46,961	5,66,854	5,15,317	4,93,729
Investments	4,43,472	3,98,200	3,72,207	3,04,501	2,86,044
Other Assets	2,17,164	1,83,971	1,75,754	1,56,885	1,30,269
Total Assets	13,77,292	12,38,793	11,24,281	9,86,042	9,18,756
Other Info
Capital Adequacy Ratios (%)	16	17	18	17	17
Gross NPA (%)	6	7	0	9	6
Net NPA (%)	1.54	2.29	5	5	3
Contingent Liabilities	30,03,053	26,12,071	18,91,035	13,07,841	10,70,233

 

CASH FLOWS	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Operating Activities	79,564	48,671	19,382	52,635	23,645
Investing Activities	-42,308	-30,147	-50,573	-1,605	-11,819
Financing Activities	2,992	-19,997	39,675	-35,469	5,813
Others	213	-134	22	-105	-241
Net Cash Flow	40,462	-1,608	8,508	15,454	17,398

 

 

Margin Ratios	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Net Interest Margin (%)	2.91	2.64	2.48	2.64	2.75
Operating Profit Margin (%)	-63.32	-74.51	-76.74	-67.47	-52.57
Net Profit Margin (%)	13.23	7.9	14.63	18.6	18.42

 

Return Ratios	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Return on Networth / Equity (%)	7.98	3.82	7.16	10.03	11.15
ROCE (%)	2.6	2.39	3.1	3.75	3.46
Return On Assets (%)	0.69	0.34	0.68	1.03	1.1

 

 

 

HISTORICAL PRICES	THEN	NOW	DIFF
3 YR BEFORE	310.25	486.5	56.16
2YR BEFO	357.05	486.5	35.7
1YR BEFO	480	486.5	0.94
3M BEF	359	486.5	34.96
1M BEFO	388.6	486.5	24.68
1 WK BEFO	424.2	486.5	14.21

 

Type	Dividend%	Ex-Dividend date
Final	50	Jul 22, 2019
Final	75	Aug 24, 2018
Final	125	Jun 20, 2017
Final	250	Jun 16, 2016
Final	250	Jun 04, 2015