THE LAKSHMI VILAS BANK LTD.

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Investor Meet

Page 1

PERFORMANCE HIGHLIGHTS 2010-11

1. NET PROFIT CROSSED `100 CRORES, FIRST TIME IN THE HISTORY OF THE BANK.
2. OPERATING PROFIT `273.86 CRORES UP BY 65% ON YOY BASIS (Prev. Year `166.21
crores)

3. GROSS NPA LESS THAN 2%, STANDS AT 1.93% AS ON 31.03.2011

4. NET NPA LESS THAN 1%, STANDS AT 0.90% AS ON 31.03.2011
5. PROVISION COVERAGE RATIO IS 77.17%, WELL ABOVE THE RBI STIPULATION OF
MINIMUM 70%.
6. NET INTEREST MARGIN (NIM) CONTINUES TO BE ROBUST AT 3.75%
7. NET INTEREST INCOME (NII) `364.99 CRORES UP BY 46.50% ON YOY BASIS (Prev. Year
`249.13 crores)

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Page 2

CONSISTENT PERFORMANCE 2010-11

QUARTER ENDED (FY 2010-11)

DESCRIPTION
NET PROFIT
GROSS NPA ( ` in Crs)
GROSS NPA (%)
NET NPA (` in Crs)
NET NPA (%)

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1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

23.39

24.68

25.69

27.38

273.61

263.63

206.31

157.79

4.27%

4.08%

2.98%

1.93%

210.19

181.27

139.67

72.87

3.31%

2.85%

2.04%

0.90%

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Page 3

DEPOSITS
(` in crores)

DESCRIPTION

VARIATION

YEAR ENDED
AS ON
31.03.2011

AS ON
31.03.2010

YOY (%)

CORE DEPOSITS

10701.03

8808.99

21.48%

BANK DEPOSITS

448.48

266.39

68.35%

11149.51

9075.38

22.85%

9376.98

8235.40

13.86%

INTEREST PAID ON
DEPOSITS

666.19

646.41

3.06%

COST OF DEPOSITS

7.10%

7.85%

2097.45

1653.57

18.81%

18.22%

TOTAL
AVERAGE DEPOSITS
(FORM A)

CASA BALANCE
CASA %

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26.84%

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Page 4

ADVANCES

(` in crores)

DESCRIPTION

VARIATION

YEAR ENDED
AS ON
31.03.2011

AS ON
31.03.2010

YOY (%)

GROSS ADVANCES

8187.67

6350.40

28.93%

NET ADVANCES

8094.42

6277.50

28.94%

AVG. GROSS ADVANCES

6661.84

5709.31

16.68%

INTEREST RECEIVED ON
ADVANCES

833.88

718.60

14.98%

YEILD ON ADVANCES (%)

12.52%

12.59%

CREDIT DEPOSIT RATIO (%)

73.44%

69.97%

(FORM A)

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Page 5

INVESTMENTS
(` in crores)
DESCRIPTION

VARIATION

YEAR ENDED
AS ON
31.03.2011

AS ON
31.03.2010

YOY (%)

GROSS INVESTMENTS

3544.05

3009.81

17.75%

SLR SECURITIES

2990.61

2600.79

14.99%

553.44

409.02

35.31%

25.20

26.59

-5.23%

3518.85

2983.22

17.95%

229.75

182.81

25.68%

7.55%

7.16%

31.79%

33.16%

NON SLR SECURITIES

Less: DEPRECIATION
NET INVESTMENTS
INTEREST INCOME ON INVESTMENTS
AVG. INTEREST YEILD ON
INVESTMENTS(%)
INVESTMENT-DEPOSIT RATIO (%)

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Page 6

INCOME
(` in crores)

DESCRIPTION

VARIATION

YEAR ENDED
AS ON
31.03.2011

AS ON
31.03.2010

1064.84

909.32

17.10%

a. INTEREST / DISCOUNT ON
ADVANCES / BILLS

833.88

720.25

15.78%

b. INCOME ON INVESTMENTS

229.75

182.81

25.68%

1.20

6.26

-80.83%

137.02

103.56

32.31%

1201.85

1012.88

18.66%

1. INTEREST EARNED (a+b+c)

c. INTEREST ON BALANCES WITH RBI

& OTHER INTER-BANK FUNDS

2. OTHER INCOME
TOTAL INCOME (1+2)

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YOY (%)

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Page 7

EXPENDITURE

(` in crores)
DESCRIPTION

VARIATION

YEAR ENDED
AS ON
31.03.2011

AS ON
31.03.2010

YOY (%)

INTEREST EXPENDITURE

699.84

660.19

6.05%

STAFF EXPENDITURE

116.30

92.47

25.77%

OPERATING EXPENDITURE

111.85

94.01

18.98%

TOTAL

927.99

846.67

9.60%

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Page 8

OTHER INCOME
(` in crores)
DESCRIPTION

VARIATION

YEAR ENDED
AS ON
31.03.2011

AS ON
31.03.2010

71.85

54.56

31.69%

PROFIT ON SALE OF INVESTMENTS

8.42

12.24

-31.20%

PROFIT ON SALE OF FIXED ASSETS

0.10

0.09

11.11%

10.97

9.08

20.81%

0.60

1.02

-41.18%

45.08

26.57

69.63%

137.02

103.56

32.31%

COMMISSION & EXCHANGE

EXCHANGE PROFIT
DIVIDEND
OTHERS
TOTAL

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YOY (%)

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Page 9

NET PROFIT
(` in crores)
DESCRIPTION

AS ON
31.03.2011

INTEREST EARNED

VARIATION

YEAR ENDED
AS ON
31.03.2010

YOY (%)

1064.84

909.32

17.10%

OTHER INCOME

137.02

103.56

32.30%

1. TOTAL INCOME

1201.85

1012.88

18.66%

INTEREST EXPENDED

699.84

660.19

6.00%

OPERATING EXPENDITURE

228.15

186.48

22.35%

2. TOTAL EXPENDITURE

927.99

846.67

9.60%

OPERATING PROFIT (1 2)

273.86

166.21

64.77%

PROVISIONS (INCLUSIVE OF TAX)

172.72

135.54

27.43%

NET PROFIT

101.14

30.67

229.77%

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Page 10

CAPITAL FUNDS

CAPITAL TO RISK WEIGHTED ASSETS -

BANK CAN ISSUE UPTO 40% ADDITIONAL EQUITY AS ALREADY AUTHORISED BY

SHAREHOLDERS TO IMPROVE CAPITAL ADEQUACY RATIO IN LINE WITH THE
PROJECTED BUSINESS LEVEL. OF COURSE, OTHER OPTIONS LIKE PREFERENTIAL
ISSUE OR RIGHTS CAN ALSO BE DONE WITH SHARE HOLDERS APPROVAL.

BANK ALSO HAS ADEQUATE HEADROOM TO RAISE FUNDS UNDER TIER II.

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BASEL II - 13.19 %
TIER I
- 10.78 %
TIER II
- 2.41 %

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Page 11

ANALYTICAL RATIOS

YEAR ENDED

DESCRIPTION
RETURN ON EQUITY (%)

AS ON
31.03.2011

AS ON
31.03.2010

12.81%

5.14%

0.92%

0.33%

COST TO INCOME RATIO (%)

45.45%

52.87%

OVERHEAD EFFICIAENCY RATIO (%)

60.06%

55.49%

YEILD ON FUNDS (%)

9.71%

9.71%

COST OF FUNDS (%)

6.38%

7.05%

INTEREST SPREAD (%)

3.33%

2.66%

RETURN ON ASSETS (%)

(AS A % OF AVG. ASSETS (ANNUALISED)

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Page 12

NON PERFORMING ASSETS

(` in crores)
VARIATION
DESCRIPTION

YEAR ENDED

AS ON
31.03.2011
GROSS NPA

AS ON
31.03.2010

YOY (%)

157.79

325.17

-51.47%

PROVISIONS HELD FOR NPA

34.28

60.73

-30.71%

NET NPA

72.87

257.78

-71.73%

GROSS NPA (%)

1.93%

5.12%

NET NPA (%)

0.90%

4.11%

77.17%

49.67%

PROVISION COVERAGE RATIO (%)

RECOVERY FROM WRITTEN OFF ACCOUNTS AMOUNTED TO ` 11.16 CRORES

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Page 13

MOVEMENT OF NPA (GROSS)

(` in crores)
VARIATION
DESCRIPTION

YEAR ENDED
AS ON
31.03.2011

AS ON
31.03.2010

YOY (%)

OPENING BALANCE

325.17

144.05

125.73%

ADDITIONS DURING THE YEAR

137.53

389.30

-64.67%

REDUCTIONS DURING THE YEAR

304.92

208.18

46.47%

CLOSING BALANCE

157.79

325.17

-51.47%

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Page 14

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